Louisburg College Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

Louisburg College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$8.112M

Financial Aid Official Website

https://www.louisburg.edu/admissions/financial-aid/index.php

Among them are scholarship programs such as Triangle Scholarship Program. Notably, 99% of the students at Louisburg College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,433,428. For additional information about financial assistance schemes, one can head over to LC’s financial aid page at https://www.louisburg.edu/admissions/financial-aid/index.php. Notably, a total of 99% of the applicants to Louisburg College receive the Federal Grant every year. Meanwhile, 99% of the applicants receive the Student Grant and 93% are awarded the Institution Grant, while 99% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $2,952, and the same stands at $2,289 for State Grant awardees and $3,480 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,047. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $2,790 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $2,752, while those falling in the $48,001-$75,000 income category get $3,237 a year. On the other hand, the average federal aid stands at $4,964 for those with an annual family income between $75,001 and $110,000, and at $4,071 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At LC, an estimated number of 99% of the applicants choose to go for student loans.

Minumum Credit Score	Apply in as little as	Variable APR	Fixed APR
Not Available	15 minutes or less	2.95	4.74	View disclosures
620	2 minutes	5.38%-16.99%¹	4.43%-16.99%¹	View disclosures
Not Available	15 minutes	1.13% - 11.23%¹ (with autopay)	3.50% - 12.60%¹ (with autopay)	View disclosures

Minumum Credit Score

Apply in as little as

Variable APR

Fixed APR

Not Available

15 minutes or less

2.95

4.74

View disclosures

620

2 minutes

5.38%-16.99%¹

4.43%-16.99%¹

View disclosures

Not Available

15 minutes

1.13% - 11.23%¹ (with autopay)

3.50% - 12.60%¹ (with autopay)

View disclosures

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