OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Luther Rice College & Seminary Financial Aid and Scholarships 2022

Luther Rice College & Seminary which is a private, Baptist university, is located in Lithonia, Georgia. Luther Rice College & Seminary was founded in the year 1962. Blue and gold are the official colors of the Luther Rice College & Seminary. In addition to over 236 undergraduate students, LRCS also boasts of over 546 students in its postgraduate courses, taking the total enrollment to over 1300. The school has a total of 76 academic staff. These faculty teach different courses to the students

Luther Rice College & Seminary Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

63%

Total Aid Amount Average Total Aid Awarded per year.

$731.254K

Financial Aid Official Website

www.lutherrice.edu/tuition-and-aid/financial-aid.cms

It is interesting to note that, every year, a substantial number of students at LRCS receive some kind of financial aid, and the total amount of the assistance/loans provided stands at $1,161,691. More information regarding the financial assistance schemes can be accessed on LRCS’s official financial aid page at http://www.lutherrice.edu/tuition-and-aid/financial-aid.cms. And, for the Pell Grant awardees, the average aid amount is $3,454. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $5,875 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,424 and $3,375, respectively. 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.

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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