Posted July 15, 2021
Lorain County Community College has the lowest net price of all Ohio two-year colleges, according to a new report from the U.S. Department of Education’s College Affordability and Transparency Center.
According to the report, LCCC’s lowest net price puts it in the top 10% of the most affordable schools in the nation. Additionally, LCCC received a ranking as the lowest cost option for a bachelor-granting institution in Ohio and 17th in the nation.
LCCC’s net price is calculated at $3,135 which includes tuition, books, fees, supplies and living expenses, minus grants and scholarships. The national average of net price is $7,435 for two-year public institutions and $8,462 for four-year public institutions.
“We are proud of the fact that we are able to offer the highest quality educational programs to our community at a tuition cost that puts education within the reach of all individuals,” said LCCC President, Marcia Ballinger, Ph.D. And, 82% of LCCC students receive some form of financial aid or scholarships to help them complete their degrees, Ballinger noted.
In addition to financial aid, scholarships and a commitment to affordable tuition rates, LCCC’s College Credit Plus program enables high school students the ability to earn college credit while in high school. This year more than 44% of Lorain County High School graduates have earned LCCC credits – saving their families $5.27 million in tuition costs.
Once students are ready to take their education to the next level, LCCC’s University Partnership offers more than 100 bachelor’s and master’s degree programs from 14 colleges and universities – a model that saves students an average of $74,000 on a bachelor’s degree. The University Partnership lets students take two to three years of course work at LCCC and then finish upper-level courses through one of the 14 partner institutions right on the LCCC campus.
The College Affordability and Transparency Center was established to help prospective college students understand the true cost of higher education. Rankings are updated annually from Integrated Postsecondary Education Data System (IPEDS). While still categorized as a community college, LCCC has been included in the four-year institution list for the second year in a row due to its bachelor of applied science in microelectronic manufacturing. The college recognized the first three graduates of this program at the May 2021 commencement.
“A hallmark of LCCC is our forward thinking and our ability to adapt our programs to meet industry workforce needs. The applied bachelor’s degree is a perfect example of that, as this program, and its associate degree counterpart, has a 100% job placement track record. This is just one example, along with our University Partnership, that demonstrates how we have taken the affordable community college model to the next level to offer bachelor and master’s degrees that do not require students to take on debt just to meet their educational goals,” Ballinger said.
For more information on the tuition and affordability rankings, visit College Affordability and Transparency Center.
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