by our College Data Analytics TeamMost students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Lawrence University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can Lawrence U offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Lawrence University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Lawrence University, 100% of the incoming full-time class was awarded financial aid roughly 335 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $42,688 |
| Institutional grants & scholarships | 100% | $40,646 |
| Federal Pell grants | 24% | $5,730 |
| State/local grants | 12% | $4,153 |
| Federal student loans | 53% | $4,974 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Lawrence U, about 98% of the undergraduate population received grant aid that averaged $40,851 (among about 1388 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $40,851 |
| Federal Pell grants | 22% | $5,533 |
| Federal student loans | 49% | $6,084 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $46,448.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,831 |
| $30,001 – $75,000 | $16,431 |
| Over $75,000 | $30,047 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,401 |
| Off-campus title-IV students | $24,563 |
To get a personalized net price estimate, try Lawrence U’s net price calculator: www.collegenpc.com/LawrenceUniversity.
A typical borrower at Lawrence U leaves with $19,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Lawrence U.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $31,133 |
| 90th percentile (highest-debt students) | $35,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $22,026 |
| Middle income | $22,036 |
| High income | $19,062 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,399 |
| Continuing-generation students | $19,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Lawrence U.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Lawrence U:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4189 |
| Total Stafford loan amount | $66,386,340 |
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 recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $277,363 |
| Average GI Bill amount per recipient | $34,670 |
References
More about our data sources and methodologies.