by our College Data Analytics TeamA large number of students will never be charged 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 Lee College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial aid options can Lee College offer you, and what will you qualify for? Keep reading for more information. Read on to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Lee College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 Lee College, 96% of the incoming full-time class was awarded financial aid (about 376 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $4,116 |
| Institutional grants & scholarships | 62% | $1,914 |
| Federal Pell grants | 55% | $4,075 |
| State/local grants | 21% | $2,313 |
| Federal student loans | 4% | $5,171 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Lee College, some 49% of undergraduates were awarded an average grant or scholarship of $3,247 (across roughly 4028 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $3,247 |
| Federal Pell grants | 35% | $3,327 |
| Federal student loans | 5% | $5,694 |
On-campus students receiving title-IV aid were awarded grants averaging $5,228.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,497 |
| $30,001 – $75,000 | $7,179 |
| Over $75,000 | $7,989 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $6,879 |
| Off-campus title-IV students | $7,519 |
For an estimate tailored to your family circumstances, see Lee College’s net price tool: www.lee.edu/financialaid/.
The median federal debt load at Lee College comes to $5,813 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,813 |
| Median federal debt (graduates only) | $7,500 |
| Typical 10-year monthly payment (graduates) | $79.51/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Lee College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,184 |
| 75th percentile | $10,775 |
| 90th percentile (highest-debt students) | $21,250 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,325 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,865 |
| Continuing-generation students | $5,505 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,269 |
These indicators are derived from the underlying debt data and summarize the overall picture at Lee College.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Lee College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4916 |
| Total Stafford loan amount | $51,340,595 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 67 |
| Total GI Bill amount | $99,833 |
| Average GI Bill amount per recipient | $1,490 |
References
More about our data sources and methodologies.