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National Application Center :: campus tours :: Lake Erie College costs & financial aid

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Lake Erie College

Lake Erie College
391 West Washington Street
Painesville, OH 44077

Official telephone: (440) 375-7000
Toll-free telephone: (800) 533-4996
Fax number: (440) 375-7005
Website: www.lec.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Patricia Pangonis,
Director of Financial Aid
Contacting the office: 440 375-7100
800 533-4996 (toll free)
440 352-3533 (fax)
finaid@lec.edu
FAFSA number: 003066

EXPENSES
Undergraduate tuition: $28,568; $28,568 out-of-state
Additional required fees: $1,392
Book fees: $1,100
Miscellaneous expenses: $3,310
Other expenses: Travel, personal.
Combined room and board expenses: $9,272

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAN/AyesN/A

Date award notification begins: February 15
Applied for financial aid:
96% of first-year students
87% of full-time undergraduates
54% of part-time undergraduates
Determined to have financial need:
93% of first-year students
95% of full-time undergraduates
86% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
83% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
99% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
90% of first-year students
86% of full-time undergraduates
60% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
9% of first-year students
13% of full-time undergraduates
0% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
11% of first-year students
17% of full-time undergraduates
0% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
74% for first-year students
72% for full-time undergraduates
20% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$24,876 for first-year students
$22,717 for full-time undergraduates
$5,518 for part-time undergraduates
Average need-based gift award:
$21,306 for first-year students
$18,788 for full-time undergraduates
$3,866 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,119 for first-year students
$4,664 for full-time undergraduates
$2,754 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,454 for first-year students
$4,352 for full-time undergraduates
$2,754 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
10% of first-year students
13% of full-time undergraduates
0% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$11,849 for first-year students
$12,738 for full-time undergraduates
$0 for part-time undergraduates
Students who received a non-need-based athletic award:
8% of first-year students
12% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$10,649 for first-year students
$14,898 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • Federal Perkins Loans
Parent loans packaged to meet need: no
Percent of undergraduates who have borrowed through all loan programs: 83%
Average student debt upon graduation: $34,114
Types of payment plans:
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • special characteristics
  • athletic scholarships

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