by our College Data Analytics TeamA lot of students will not be asked to pay 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 total price of attendance at Lee University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Lee University offer you, and what will you qualify for? Read on for more information. Read on to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Lee University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Lee University, 99% of the incoming full-time class was awarded financial aid roughly 544 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $15,467 |
| Institutional grants & scholarships | 99% | $10,596 |
| Federal Pell grants | 31% | $5,922 |
| State/local grants | 47% | $6,111 |
| Federal student loans | 50% | $5,496 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, around 76% of undergraduates were awarded grant or scholarship aid averaging $14,135 (across roughly 2478 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $14,135 |
| Federal Pell grants | 29% | $5,537 |
| Federal student loans | 42% | $7,007 |
Title-IV recipients living on campus saw average grant aid of $16,810.
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 | $13,860 |
| $30,001 – $75,000 | $15,749 |
| Over $75,000 | $25,350 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,878 |
| Off-campus title-IV students | $20,399 |
For a customized cost estimate, visit Lee University’s net price calculator: www.leeuniversity.edu/financial-aid/cost/.
Graduating students at Lee University carry a median federal student debt of $19,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $25,750 |
| Typical 10-year monthly payment (graduates) | $272.99/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Lee University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,200 |
| 25th percentile | $6,250 |
| 75th percentile | $30,250 |
| 90th percentile (highest-debt students) | $40,712 |
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 | $18,041 |
| Middle income | $19,500 |
| High income | $20,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,334 |
| Continuing-generation students | $19,250 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $20,250 |
| Independent students | $16,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Lee University.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Lee University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15968 |
| Total Stafford loan amount | $380,877,613 |
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 | 39 |
| Total GI Bill amount | $548,473 |
| Average GI Bill amount per recipient | $14,063 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 8 |
| Total DoD amount | $28,490 |
| Average DoD amount per recipient | $3,561 |
References
More about our data sources and methodologies.