by our College Data Analytics TeamMany students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Lawrence Technological University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does Lawrence Tech offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Lawrence Technological University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Lawrence Technological University, 100% of new full-time first-years were awarded at least some aid some 305 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $23,877 |
| Institutional grants & scholarships | 99% | $19,384 |
| Federal Pell grants | 27% | $5,534 |
| State/local grants | 50% | $6,138 |
| Federal student loans | 55% | $5,498 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Lawrence Tech, around 64% of undergraduates were awarded an average grant or scholarship of $20,661 (across approximately 1511 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $20,661 |
| Federal Pell grants | 16% | $5,452 |
| Federal student loans | 35% | $6,831 |
For students living on campus and receiving title-IV aid, grants averaged $25,248.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $30,759 |
| $30,001 – $75,000 | $30,804 |
| Over $75,000 | $35,328 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $32,918 |
| Off-campus title-IV students | $33,995 |
To project your own net price, use Lawrence Tech’s net price tool: ltu.studentaidcalculator.com/survey.aspx.
The middle student in the debt distribution at Lawrence Tech owes $20,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Lawrence Tech.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,701 |
| 75th percentile | $31,000 |
| 90th percentile (highest-debt students) | $42,875 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $17,750 |
| Middle income | $23,250 |
| High income | $21,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $22,250 |
| Continuing-generation students | $17,984 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $20,433 |
| Independent students | $24,625 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Lawrence Tech.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Lawrence Tech:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7947 |
| Total Stafford loan amount | $217,673,041 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $237,557 |
| Average GI Bill amount per recipient | $19,796 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $4,500 |
| Average DoD amount per recipient | $4,500 |
References
More about our data sources and methodologies.