La James International College Financial Aid and Scholarships
Students Receiving Aid
81%
Total Aid Amount
$194.764K
Financial Aid Official Website
www.ljic.edu
Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $186,917. Notably, a total of 83% of the applicants to La James International College-Cedar Falls receive the Federal Grant every year. In comparison, 83% of the students are awarded the Student Grant, 67% get the Institution Grant, and 83% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,871, while the same comes to $203 for State Grant receivers and $294 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,211. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 75% of the applicants to La James International College-Cedar Falls opt for student loans.