OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Lake Land College Financial Aid and Scholarships 2022

Lake Land College is a public university located in Mattoon, IL. Lake Land College covers an area of 308 acres. In 1966, Lake Land College was founded. Red and black are the official colors of the Lake Land College. At Lake Land College, the total enrolment stands at 4,466. The school has a total of 235 academic staff. These faculty teach different courses to the students. There are around 57% of the students who are females and 43% are males at Lake Land College. At LLC, around 76% of the st

Lake Land College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$9.279M

Financial Aid Official Website

www.lakelandcollege.edu/financialaid/

As many as 77% of the students at LLC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,311,995 in a year. One can visit LLC's financial aid page at http://www.lakelandcollege.edu/financialaid/ for more information. Notably, a total of 40% of the applicants to Lake Land College receive the Federal Grant every year. In comparison, 68% of the students are awarded the Student Grant, 41% get the Institution Grant, and 40% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,748, while the same comes to $1,262 for State Grant receivers and $2,956 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,178. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At LLC, an estimated number of 11% of the applicants choose to go for student loans.

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