by our College Data Analytics TeamMost students are not billed 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 cost of going to Luzerne County Community College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Luzerne County Community College provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling 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 figures below will help you estimate the aid you might receive from Luzerne County Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Luzerne County Community College, 81% of the incoming full-time class was awarded financial aid some 398 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $5,958 |
| Institutional grants & scholarships | 3% | $1,289 |
| Federal Pell grants | 59% | $5,325 |
| State/local grants | 28% | $1,967 |
| Federal student loans | 43% | $3,554 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Luzerne County Community College, roughly 44% of the undergraduate population received grant aid that averaged $4,934 (across approximately 1894 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $4,934 |
| Federal Pell grants | 37% | $4,452 |
| Federal student loans | 29% | $3,958 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,066.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,883 |
| $30,001 – $75,000 | $10,436 |
| Over $75,000 | $14,885 |
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 | $9,433 |
| Off-campus title-IV students | $10,228 |
To project your own net price, use Luzerne County Community College’s online cost calculator: www.luzerne.edu/financialaid/npc/index.html.
The median federal debt load at Luzerne County Community College comes to $5,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $11,000 |
| Typical 10-year monthly payment (graduates) | $116.62/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 percentiles below describe the cumulative federal debt distribution for borrowers at Luzerne County Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,813 |
| 75th percentile | $9,600 |
| 90th percentile (highest-debt students) | $16,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $4,781 |
| Middle income | $5,750 |
| High income | $5,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,250 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $5,750 |
The figure below distills the debt data into a single burden category for Luzerne County Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Luzerne County Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15436 |
| Total Stafford loan amount | $124,905,077 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 24 |
| Total GI Bill amount | $136,109 |
| Average GI Bill amount per recipient | $5,671 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.