Number Received Financial Aid (All Undergraduate)
311
Percent Received Financial Aid(All Undergraduate)
62%
Average Aid Amount
$4,691
Number Received Financial Aid (Freshmen)
85
Percent Received Financial Aid (Freshmen)
79%
Financial Aid Information at Lu Ross Academy
For the academic year 2023-2024, a total of 311 students (62% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,691. For freshmen (Full-time, first-time degree-seeking undergraduate students), 85 students (79% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Lu Ross Academy is $17,750, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 311 students (62% of all students) have received grants or scholarships and the average received aid amount is $4,691. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Lu Ross Academy for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 311 | 62% | $4,691 |
| Pell Grants | 249 | 50% | $4,633 |
| Federal Student Loans | 276 | 55% | $5,301 |
Beginning Students Financial Aid
a total of 85 beginning students (79% of all freshmen) have received any financial aid and 85 students (79% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Lu Ross Academy.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 85 | 79% | - |
| Grants or Scholarship from All Sources | 79 | 73% | $5,302 |
| Federal Grants | 76 | 70% | $5,095 |
| Pell Grants | 63 | 58% | $5,003 |
| Other Federal Grants | 53 | 49% | $1,358 |
| State/Local Grants | 2 | 2% | $14,320 |
| Institutional Grants | 3 | 3% | $1,000 |
| Student Loans | 70 | 65% | $5,116 |
| Federal Student Loans | 70 | 65% | $5,116 |
| Other Student Loans | 0 | 0% | - |
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