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Lynn University Financial Aid Details

98% Freshmen Get Financial Aid
$20,352 Average Grant & Scholarship
92% Undergrads Get Grant Aid

The majority of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Lynn University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

What financial aid options can Lynn University Fighting Knights offer, and what will you qualify for? Keep reading for more information. Keep scrolling to discover just how much financial aid could be open to you.

Understanding Lynn University Fighting Knights Aid Information

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 Lynn University.

Average Freshman Financial Aid at Lynn University

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

At Lynn University, 98% of first-year full-time students received aid of some kind some 736 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)97%$22,254
Institutional grants & scholarships95%$19,814
Federal Pell grants23%$6,202
State/local grants30%$4,338
Federal student loans44%$5,215

Scholarship and Grant Awards at Lynn University

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Lynn University Fighting Knights, around 92% of undergrads got grants or scholarships worth on average $20,352 (covering around 2593 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)92%$20,352
Federal Pell grants23%$6,070
Federal student loans36%$6,367

Title-IV recipients living on campus saw average grant aid of $23,791.

What Families Pay by Income at Lynn University

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$34,174
$30,001 – $75,000$37,329
Over $75,000$41,295

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What Students Actually Pay at Lynn University

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.

CohortAverage Net Price
On-campus title-IV students$44,089
Off-campus title-IV students$38,222

For a personalized estimate based on your family’s financial situation, use Lynn University Fighting Knights’s online cost calculator: lynn.aidcalculator.com/calculator.

Typical Student Debt at Lynn University

A typical borrower at Lynn University Fighting Knights leaves with $10,413 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$10,413
Median federal debt (graduates only)$17,940
Typical 10-year monthly payment (graduates)$190.19/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

The Range of Student Debt at this School

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

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$5,500
75th percentile$19,500
90th percentile (highest-debt students)$26,058

Median Debt by Student Group at Lynn University

The figures below break down median federal debt by income tier, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$11,500
Middle income$10,000
High income$9,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$9,602
Continuing-generation students$11,250

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$10,125
Independent students$10,893

Is the Debt Manageable?

A handful of calculated indicators summarize the debt outlook at Lynn University Fighting Knights.

Federal Student Loans at Lynn University

Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Lynn University Fighting Knights:

MetricValue
Stafford loan recipients7685
Total Stafford loan amount$158,641,747

Veteran and Military Aid at Lynn University

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients113
Total GI Bill amount$893,604
Average GI Bill amount per recipient$7,908

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

Lynn University Financial Aid Resources

References

More about our data sources and methodologies.

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