by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Lebanon Valley College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can LVC offer, and what will you qualify for? Keep reading for more information. Scroll down to discover how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Lebanon Valley College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Lebanon Valley College, 100% of first-time, full-time freshmen received some form of financial aid some 476 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $38,653 |
| Institutional grants & scholarships | 100% | $34,994 |
| Federal Pell grants | 31% | $5,425 |
| State/local grants | 42% | $4,469 |
| Federal student loans | 71% | $5,326 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 95% of undergraduates were awarded grant or scholarship aid averaging $35,933 (across approximately 1619 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $35,933 |
| Federal Pell grants | 25% | $5,161 |
| Federal student loans | 69% | $6,497 |
For on-campus title-IV students, average grant aid came to $39,518.
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 | $20,488 |
| $30,001 – $75,000 | $23,522 |
| Over $75,000 | $30,228 |
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 | $26,979 |
| Off-campus title-IV students | $28,132 |
For a customized cost estimate, visit LVC’s net price calculator: www.collegenpc.com/LebanonValleyCollege.
The median federal debt load at LVC comes to $21,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,000 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at LVC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $8,750 |
| 75th percentile | $28,473 |
| 90th percentile (highest-debt students) | $32,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,464 |
| Middle income | $21,500 |
| High income | $21,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,500 |
| Continuing-generation students | $19,998 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,370 |
| Independent students | $11,129 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. LVC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at LVC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6498 |
| Total Stafford loan amount | $113,423,026 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 21 |
| Total GI Bill amount | $317,452 |
| Average GI Bill amount per recipient | $15,117 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.