by our College Data Analytics TeamThe total cost of attendance at Lake Region State College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
What financial aid options does Lake Region State College offer, and what will you qualify for? Keep scrolling for answers.
$5,163.00 is the typical Lake Region State College’s first year financial aid package. 94% of first-year students are awarded financial aid, primarily comprising loans.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Lake Region State College you may end up taking on.
In addition to scholarships, 40% of first-year students (79 total) got federal grant aid, averaging $5,087.00 per person.
The numbers and the chart below reference predominantly federal grants, as well as some local and state grants.
40% of first years at Lake Region State College (79 total) obtained a federal grant, averaging $5,087.00.
Amount of Financial Assistance Per Income Level
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 23.74% | $7,591.00 |
| Income 30k-48k | 10.10% | $7,792.00 |
| Income 48k-75k | 8.59% | $5,139.00 |
| Income 75k-110k | 8.59% | $2,554.00 |
| Income 110k + | 7.58% | $1,463.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
179 Lake Region State College undergrads obtain grant aid (this is about 94% of the entire undergraduate student population). The average amount these students receive is $5,163.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.