Linfield College Financial Aid and Scholarships
Students Receiving Aid
97%
Total Aid Amount
$39.038M
Financial Aid Official Website
www.linfield.edu/financial-aid.html
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 $6,089,829. At LCMC, the total percentage of applicants who receive the Federal Grant stands at 29%. In comparison, 99% of the students are awarded the Student Grant, 99% get the Institution Grant, and 28% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,301, the State Grant receivers and Institution Grant beneficiaries get $3,213 and $27,100, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,509. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. At Linfield College-McMinnville Campus, the percentage of candidates who opt to avail of student loans is around 67%.
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