$5,175

Avg. Federal Grant

$5,360

Avg. Federal Loan

$33,617,451

Total Aid Awarded

Sarah Lawrence College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$33.617M

Financial Aid Official Website

www.sarahlawrence.edu/financialaid/

It is interesting to note that, every year, around 86% of students at SLC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,441,614. For additional information about financial assistance schemes, one can head over to SLC’s financial aid page at http://www.sarahlawrence.edu/financialaid/. At SLC, the total percentage of applicants who receive the Federal Grant stands at 11%. On the other hand, 84% of the candidates get the Student Grant, 83% receive the Institution Grant, and 11% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,873, and the same stands at $2,421 for State Grant awardees and $31,518 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,470. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $45,125 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $38,551, while those falling in the $48,001-$75,000 income category get $43,312 a year. Those with an annual income level of $75,001-$110,000 would receive $37,220, while candidates with more than $110,000 of family income receive an average federal aid of $28,357. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Sarah Lawrence College, the percentage of candidates who opt to avail of student loans is around 48%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

15%

State Grant Aid

5%

Institution Grant Aid

84%

Pell Grant

15%

Average Aid Awarded

Federal Grant Aid

$5,175

State Grant Aid

$2,213

Institution Grant Aid

$29,225

Pell Grant

$4,193

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$43,991

$30,001 - $48,000

$42,833

$48,001 - $75,000

$38,237

$75,001 - $110,000

$36,736

Over $110,000

$24,958

Student Loans for Sarah Lawrence College

Average Loan Amount Average Loan Amount received per year.

$6,889/Year

Students Taking Out Loans

61%

Loan Default Rate

3.6%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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