by our College Data Analytics TeamThis overview lays out the cost of attending Lake Superior College, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.
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Published attendance costs at Lake Superior College comes to about $20,049.00 per year.
The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.
| Tuition and fees | $5,785.00 |
| + Room, board & other expenses | $14,264.00 |
| Total cost | $20,049.00 |
| That is 4% above the national average net price. |
| Total cost | $20,049.00 |
| − Grants and scholarships | −$4,231.00 |
| Net price | $15,818.00 |
| That is 18% below the national average net price. |
| Total cost | $20,049.00 |
| − Grants and scholarships | −$7,397.00 |
| Net price | $12,652.00 |
| That is 34% below the national average net price. | |
| Explore each piece on the tuition & fees page and living costs. |
The reported cost series has been increasing at a recent average of 1.0% annually, so the projections below total more than one year of attendance. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. Loan totals assume a ten-year repayment at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.0% | 1.0% | 1.0% |
| Freshman year | $12,779.00 | $15,977.00 | $20,250.00 |
| Senior year | $13,167.00 | $16,462.00 | $20,866.00 |
| Total 4-year net price | $51,890.00 | $64,875.00 | $82,228.00 |
| 10-year loan interest @ 6.8% | $19,768.00 | $24,715.00 | $31,326.00 |
| Total monthly payment | $597.00 | $747.00 | $946.00 |
| Total amount paid | $71,658.00 | $89,590.00 | $113,554.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.0% | 1.0% | 1.0% |
| Freshman year | $12,779.00 | $15,977.00 | $20,250.00 |
| Senior year | $12,907.00 | $16,137.00 | $20,453.00 |
| Total 2-year net price | $25,686.00 | $32,114.00 | $40,703.00 |
| 10-year loan interest @ 6.8% | $9,785.00 | $12,234.00 | $15,507.00 |
| Total monthly payment | $296.00 | $370.00 | $468.00 |
| Total amount paid | $35,472.00 | $44,348.00 | $56,210.00 |
Jump to the net-price detail in the Net Price section.
The net price figure shows the cost after grants and scholarships are deducted. It is usually a better planning number than the sticker cost above.
| Average net price (on-campus) | $15,492.00 |
| Average net price (off-campus) | $16,050.00 |
Net price is not the same for every family — it falls as financial need rises and grant aid increases. Below, average net price is broken out by family income:
| Family income | Average net price |
|---|---|
| Under $30,000 | $11,861.00 |
| $30,000 to $48,000 | $14,030.00 |
| $48,001 to $75,000 | $15,523.00 |
| $75,001 to $110,000 | $19,162.00 |
| Over $110,000 | $19,850.00 |
For a personalized estimate, try the Lake Superior College Net Price Calculator, or contact the financial aid office.
Curious how grants and scholarships are distributed? Explore the financial aid breakdown.
Median graduate debt at Lake Superior College works out to $8,820.00, which federal data classifies as a Very Low (<$10k) debt-load classification.
The full distribution of debt at graduation looks like this:
| Percentile | Debt at graduation |
|---|---|
| 10th | $2,250.00 |
| 25th | $4,073.00 |
| Median (50th) | $8,820.00 |
| 75th | $16,500.00 |
| 90th | $26,069.00 |
The gap between 10th and 90th percentile borrowers gives a sense of how uneven debt outcomes are.
Explore borrowing, repayment, and default in detail on the student loan debt page.
Family income tracks closely with debt at graduation. Below the data splits borrowers across three income groups:
| Family income | Median debt at graduation |
|---|---|
| Low income | $10,112.00 |
| Middle income | $8,750.00 |
| High income | $6,800.00 |
Low-income borrowers graduate with $3,312.00 more debt than their high-income peers.
First-generation students frequently graduate with different debt than continuing-generation students.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $9,000.00 |
| Continuing-generation students | $8,250.00 |
First-generation borrowers from Lake Superior College leave with $750.00 more median debt than continuing-generation peers.
The Pell Grant is the largest federal grant for undergraduates from low-income families. Looking at Pell recipients versus non-recipients tells us how debt is distributed across need.
The median debt difference between Pell-eligible and non-Pell graduates of Lake Superior College comes to $2,174.00. This school is flagged by the Department of Education for Pell-related debt inequity.
The Department of Education default-rate tier for Lake Superior College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 8.5% |
To put the rates in context, Stafford loans at Lake Superior College reach $200,021,515.00 distributed across 15,508 student borrowers.
Veterans and active-duty servicemembers can tap dedicated federal aid programs like the Post-9/11 GI Bill and DoD tuition assistance.
| GI Bill recipients | 80 |
| Avg GI Bill amount | $15,743.00 |
| DoD Tuition Assistance recipients | 12 |
| Avg DoD Tuition Assistance | $1,590.00 |
Explore GI Bill and military aid in detail on the veteran aid breakdown.
Numbers only tell part of the story. As you weigh Lake Superior College, a few questions are worth asking:
Explore the related pages below for a deeper look at the cost picture:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.