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Lycoming College Financial Aid & Debt Outcomes

100% Freshmen Get Financial Aid
$41,704 Average Grant & Scholarship
99% Undergrads Get Grant Aid

Many students will never be charged 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 price tag of going to Lycoming College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

Just what financing solutions does Lycoming deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to learn just how much financial aid will be open to you.

Importance of Lycoming Financial Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Lycoming College.

Average Freshman Financial Aid at Lycoming College

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

At Lycoming College, 100% of entering full-time freshmen got some type of financial assistance some 293 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$43,470
Institutional grants & scholarships100%$39,130
Federal Pell grants42%$5,896
State/local grants35%$4,574
Federal student loans70%$5,402

Undergraduate Grant Aid at Lycoming College

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Lycoming, approximately 99% of undergraduate students received gift aid averaging $41,704 (across roughly 1059 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)99%$41,704
Federal Pell grants38%$5,764
Federal student loans71%$6,509

For on-campus title-IV students, average grant aid came to $44,965.

What Families Pay by Income at Lycoming College

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$12,226
$30,001 – $75,000$15,979
Over $75,000$24,751

Each figure is the net price after grants and scholarships, not the published sticker price.

What a Degree Really Costs at Lycoming College

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$19,140
Off-campus title-IV students$19,258

To get a personalized net price estimate, try Lycoming’s net price calculator: www.lycoming.edu/financial-aid/net-price-calculator.aspx.

Median Student Debt for Graduates of Lycoming College

Graduating students at Lycoming carry a median federal student debt of $23,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$23,500
Median federal debt (graduates only)$27,000
Typical 10-year monthly payment (graduates)$286.24/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

Where Student Debt Falls

The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Lycoming.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$8,750
75th percentile$27,000
90th percentile (highest-debt students)$35,000

Median Debt by Student Group at Lycoming College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$23,500
Middle income$22,175
High income$24,125

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$23,500
Continuing-generation students$23,250

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$23,500
Independent students$23,000

Debt Burden Indicators

A handful of calculated indicators summarize the debt outlook at Lycoming.

Student Loans at Lycoming College

The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Lycoming:

MetricValue
Stafford loan recipients5695
Total Stafford loan amount$99,137,524

Veterans Benefits at Lycoming College

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients2
Total GI Bill amount$75,926
Average GI Bill amount per recipient$37,963

Lycoming College Financial Aid Resources

References

More about our data sources and methodologies.

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