by our College Data Analytics TeamCollege Factual’s Best for the Money Rankings compare the quality of a LMC degree with its cost to decide whether the school is asking a fair price. Here is how LMC measures up.
LMC is ranked #1,176 out of 3,211 schools for value nationwide, earning a value grade of B+ (above average for value). Within Michigan, it ranks #36 of 77 for value.
Read the full LMC value report below — how it ranks within its state, how it ranks nationwide, what a degree actually costs, and whether it makes financial sense.
Lake Michigan College is ranked #62 out of #80 in Michigan for quality and #36 out of #77 for Michigan value.
Live in-state? You may qualify for a reduced price. Check the LMC financial aid page to be sure.
Lake Michigan College is ranked #1,176 out of 3,211 for value nationwide.
Lake Michigan College is priced competitively for the quality of education it provides, earning it a good value recognition from College Factual.
Averaged across all students — those who receive aid and those who pay full price — a year at LMC costs about $9,562. Over a standard four-year bachelor's program, that adds up to an estimated $38,246 for the degree.
| Amount | |
|---|---|
| Sticker Price (before aid) | $15,412 / year |
| Net Price (students receiving aid) | $6,680 / year |
| Average Cost (all students) | $9,562 / year |
| Estimated 4-Year Cost | $38,246 |
*The average cost weights the net price paid by aid recipients against the sticker price paid by everyone else. The 4-year figure assumes the standard bachelor's length; your actual time to graduate and price may differ.
There are many ways to lower the cost of a college education. Consider in-state tuition, transfer credits, or finishing your degree faster. Learn more about LMC net price and the factors that affect it.
The price you actually pay depends on your circumstances — most students do not pay the full sticker price.
Here is how the estimated 4-year cost of a LMC degree breaks down by aid group, against its national value ranking.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $61,648 | — | — |
| All Students | $38,246 | #1,176 | B+ |
| Only Students Receiving Aid | $26,720 | — | — |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $61,648 | — | — |
| All Students | $38,246 | #36 | C+ |
| Only Students Receiving Aid | $26,720 | — | — |
*College Factual publishes a single overall value ranking (the All Students row). The cost rows show what each aid group pays toward the same degree.
You can also see how the average net price at LMC shifts with family income:
| Family Income | Avg Net Price / Year |
|---|---|
| $0–$30K | $8,727 |
| $30K–$48K | $10,755 |
| $48K–$75K | $13,554 |
| $75K–$110K | $14,960 |
| Over $110K | $16,137 |
About 67% of LMC undergraduates receive grant or scholarship aid, averaging $6,176 per year. Get more details on the LMC financial aid you may qualify for.
College Factual calculates value by comparing the average LMC cost of a degree against other schools of a similar quality. If the school is priced fairly for the educational quality it provides, it receives a fair ranking; if it is underpriced, it earns a good or excellent value.
Read the full Best for the Money Ranking Methodology.