by our College Data Analytics TeamThe majority of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Lake Superior State University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does Lake Superior State University deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Lake Superior State University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Lake Superior State University, 96% of entering full-time freshmen got some type of financial assistance approximately 237 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $14,632 |
| Institutional grants & scholarships | 81% | $8,491 |
| Federal Pell grants | 32% | $5,281 |
| State/local grants | 52% | $8,933 |
| Federal student loans | 46% | $4,879 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Lake Superior State University, approximately 67% of undergraduates were awarded grant or scholarship aid averaging $11,228 (across roughly 1123 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $11,228 |
| Federal Pell grants | 27% | $5,061 |
| Federal student loans | 37% | $6,633 |
On-campus students receiving title-IV aid were awarded grants averaging $14,332.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,321 |
| $30,001 – $75,000 | $10,670 |
| Over $75,000 | $19,668 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,822 |
| Off-campus title-IV students | $13,825 |
For an estimate tailored to your family circumstances, see Lake Superior State University’s net price calculator: lssu.clearcostcalculator.com/student/default/netpricecalculator/survey.
The median federal debt load at Lake Superior State University comes to $14,764 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,764 |
| Median federal debt (graduates only) | $23,250 |
| Typical 10-year monthly payment (graduates) | $246.49/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Lake Superior State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $5,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,250 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,276 |
| Middle income | $15,250 |
| High income | $15,993 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,979 |
| Continuing-generation students | $16,750 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $12,500 |
A handful of calculated indicators summarize the debt outlook at Lake Superior State University.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Lake Superior State University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9008 |
| Total Stafford loan amount | $148,122,853 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $338,805 |
| Average GI Bill amount per recipient | $11,683 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 18 |
| Total DoD amount | $49,600 |
| Average DoD amount per recipient | $2,756 |
References
More about our data sources and methodologies.