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National Application Center :: campus tours :: Lyon College costs & financial aid

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Lyon College

Lyon College
P.O. Box 2317
Batesville, AR 72503

Official telephone: (870) 307-7000
Fax number: (870) 307-7001
Website: www.lyon.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Tommy Tucker,
Director of Financial Assistance
Contacting the office: 870 307-7257
870 307-7542 (fax)
financialaid@lyon.edu
FAFSA number: 001088

EXPENSES
Undergraduate tuition: $26,050; $26,050 out-of-state
Additional required fees: $240
Book fees: $1,000
Miscellaneous expenses: $2,000
Other expenses: Transportation and personal expenses.
Combined room and board expenses: $8,440

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1yesN/A
State Aid FormFebruary 1noJune 1

Date award notification begins: March 1
Applied for financial aid:
93% of first-year students
84% of full-time undergraduates
40% of part-time undergraduates
Determined to have financial need:
85% of first-year students
88% of full-time undergraduates
50% 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
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
100% of full-time undergraduates
0% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
70% of first-year students
73% of full-time undergraduates
100% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
22% of first-year students
20% 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):
23% of first-year students
22% 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):
73% for first-year students
75% for full-time undergraduates
3% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$20,632 for first-year students
$21,345 for full-time undergraduates
$500 for part-time undergraduates
Average need-based gift award:
$18,124 for first-year students
$18,082 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,602 for first-year students
$4,482 for full-time undergraduates
$500 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,400 for first-year students
$4,215 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
12% of first-year students
13% of full-time undergraduates
40% 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):
$12,471 for first-year students
$14,192 for full-time undergraduates
$3,550 for part-time undergraduates
Students who received a non-need-based athletic award:
11% of first-year students
15% of full-time undergraduates
20% of part-time undergraduates
Average non-need-based athletic award:
$12,174 for first-year students
$14,011 for full-time undergraduates
$16,695 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
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
Parent loans packaged to meet need: no
First-year loan package range: $5,500 - $9,500
Undergraduate loan package range: $6,500 - $12,500
Percent of undergraduates who have borrowed through all loan programs: 72%
Average student debt upon graduation: $1,761,757
Types of payment plans:
  • school's own payment plan(s)
  • Nelnet.
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
  • athletic scholarships
First-year scholarship/grant award range: $8,000 (full tuition)
Undergraduate scholarship/grant award range: $6,500 (full tuition)
Percent of scholarship aid awarded to out-of-state students: 24%

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