by our College Data Analytics TeamMany students are not billed 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 Lurleen B Wallace Community College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Lurleen B. Wallace Community College deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Lurleen B Wallace Community College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Lurleen B Wallace Community College, 90% of first-time, full-time freshmen received some form of financial aid around 343 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $7,433 |
| Institutional grants & scholarships | 44% | $4,658 |
| Federal Pell grants | 61% | $6,518 |
| State/local grants | 19% | $1,126 |
| Federal student loans | 0% | — |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Lurleen B. Wallace Community College, approximately 88% of undergraduates were awarded grant or scholarship aid averaging $3,931 (among about 1868 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $3,931 |
| Federal Pell grants | 32% | $5,719 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $9,600.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $2,706 |
| $30,001 – $75,000 | $4,170 |
| Over $75,000 | $3,078 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $2,792 |
| Off-campus title-IV students | $3,041 |
To project your own net price, use Lurleen B. Wallace Community College’s net price calculator: www.lbwcc.edu/future-students/financial-aid/net-price-calculator.
A handful of calculated indicators summarize the debt outlook at Lurleen B. Wallace Community College.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Lurleen B. Wallace Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 96 |
| Total Stafford loan amount | $502,123 |
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 | 20 |
| Total GI Bill amount | $67,454 |
| Average GI Bill amount per recipient | $3,373 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.