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How many students are received the students loans at Laurel Business Institute?

For the academic year 2022-2023, total 83 full-time, first-time students (75% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 199 students (70% of all students) have received federal student loans and the average loan amount is $8,647 at Laurel Business Institute.

Below tables show the number and amount by source of financial aid at Laurel Business Institute.
All Undergraduate Student Financial Aid at Laurel Business Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid24988%$6,223
Pell Grants15053%$5,522
Federal Student Loans19970%$8,647
Beginning Students (Freshmen) Financial Aid at Laurel Business Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid10494%-
Grants or Scholarship from All Sources9888%$6,844
Federal Grants9888%$4,788
Pell Grants6760%$6,047
Other Federal Grants8375%$772
State/Local Grants2422%$7,936
Institutional Grants11%$11,042
Student Loans8375%$9,825
Federal Student Loans8173%$9,301
Other Student Loans87%$7,757

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

Know more about LBI

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