A lot of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Linn-Benton Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does LBCC provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see how much school funding could 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 Linn-Benton Community College.
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 Linn-Benton Community College, 88% of new full-time first-years were awarded at least some aid approximately 473 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $7,650 |
| Institutional grants & scholarships | 13% | $2,496 |
| Federal Pell grants | 46% | $5,915 |
| State/local grants | 73% | $4,087 |
| Federal student loans | 68% | $5,788 |
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 LBCC, around 43% of the undergraduate population received grant aid that averaged $7,603 (for some 2124 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $7,603 |
| Federal Pell grants | 27% | $6,204 |
| Federal student loans | 40% | $6,539 |
On-campus students receiving title-IV aid were awarded grants averaging $7,236.
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 | $7,874 |
| $30,001 – $75,000 | $10,041 |
| Over $75,000 | $14,457 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $11,553 |
| Off-campus title-IV students | $11,070 |
For an estimate tailored to your family circumstances, see LBCC’s online cost calculator: www.linnbenton.edu/tuition-and-admission/tuition-and-fees/cost-calculator.php.
The median student at LBCC graduates with $6,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,500 |
| Median federal debt (graduates only) | $11,961 |
| Typical 10-year monthly payment (graduates) | $126.81/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at LBCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,111 |
| 75th percentile | $12,666 |
| 90th percentile (highest-debt students) | $21,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,212 |
| Middle income | $7,000 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $6,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for LBCC.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at LBCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16208 |
| Total Stafford loan amount | $167,617,467 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 89 |
| Total GI Bill amount | $336,297 |
| Average GI Bill amount per recipient | $3,779 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 14 |
| Total DoD amount | $26,333 |
| Average DoD amount per recipient | $1,881 |
References
More about our data sources and methodologies.