by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Curious about the financial aid opportunities at Living Arts College and what you may be eligible for? Explore the answers here.
Living Arts College average financial aid offer for freshmen students is $5,864.00. A significant 90% of freshmen benefit from financial aid, with the main type being loans.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Living Arts College.
In addition to scholarships, 74% of freshman students (59 total) obtained federal grant aid, averaging $5,064.00 a piece.
The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.
74% of freshman students at Living Arts College (59 total) got a federal grant, averaging $5,064.00.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 52.50% | $6,684.00 |
| Income 30k-48k | 11.25% | $4,248.00 |
| Income 48k-75k | 8.75% | $3,753.00 |
| Income 75k-110k | 1.25% | $1,350.00 |
| Income 110k + | 3.75% | $3,380.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 80 undergraduate students at Living Arts College around 90% (66 total) receive some form of grant aid. The typical amount awarded was $5,864.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.