Lone Star College System (LSC) Financial Aid and Scholarships
Students Receiving Aid
30%
Total Aid Amount
$80.913M
Financial Aid Official Website
www.lonestar.edu/financial-aid.htm
It is interesting to note that, every year, around 56% of students at LSCS receive some kind of financial aid, while the total amount of assistance/loans provided is $27,193,994. The total percentage of candidates applying to Lone Star College System who receive the Federal Grant is 40%. Meanwhile, 54% of the applicants receive the Student Grant and 8% are awarded the Institution Grant, while 40% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,128, and the same stands at $1,584 for State Grant awardees and $1,388 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,808. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Lone Star College System, the percentage of candidates who opt to avail of student loans is around 12%.