Luzerne County Community College Financial Aid and Scholarships
Students Receiving Aid
49%
Total Aid Amount
$10.505M
Financial Aid Official Website
www.luzerne.edu/financialaid/
Among them are scholarship programs such as Joseph P. Gavenonis Scholarship, Technology Scholarship, and Transfer Student Tuition Scholarship. As many as 80% of the students at LCCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $7,186,210 in a year. The total percentage of candidates applying to Luzerne County Community College who receive the Federal Grant is 61%. On the other hand, 67% of the candidates get the Student Grant, 2% receive the Institution Grant, and 61% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,724, while the same comes to $1,615 for State Grant receivers and $1,505 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,912. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At LCCC, an estimated number of 43% of the applicants choose to go for student loans.