Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $4,369 and the average loan amount is $8,161. The average financial aid amount is 41.34% of tuition & fees (tuition & fees: $10,568).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid128 60%$559,251$4,369
Pell Grants105 50%$418,341$3,984
Federal Students Loans107 50%$873,181$8,161

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 3 students have received one or more types of financial aid at Luther Rice College & Seminary.
The average amount of federal, state, local or institutional grant aid is $7,609 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,990.
The following table shows the financial data by type of aid at Luther Rice College & Seminary.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid360%--
Grant or scholarship aid3 60%$22,827$7,609
Federal Grants3 60%$19,687$6,562
Pell Grants3 60%$19,087$6,362
Other Federal Grants3 60%$600$200
State/Local Grants0 0%$0-
Institutional Grants2 40%$3,140$1,570
Student Loans2 40%$9,979$4,990
Federal Student Loans2 40%$9,979$4,990
Other Student Loans0 0%$0-