by our College Data Analytics TeamA lot of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Lakeland University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can Lakeland offer, and what will you qualify for? Keep reading for more information. Keep scrolling to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Lakeland 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.
At Lakeland University, 100% of the incoming full-time class was awarded financial aid roughly 199 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $24,559 |
| Institutional grants & scholarships | 100% | $20,155 |
| Federal Pell grants | 51% | $5,430 |
| State/local grants | 36% | $3,577 |
| Federal student loans | 96% | $4,132 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Lakeland, around 44% of undergraduates were awarded an average grant or scholarship of $16,668 (across roughly 1030 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $16,668 |
| Federal Pell grants | 25% | $4,276 |
| Federal student loans | 45% | $5,628 |
For students living on campus and receiving title-IV aid, grants averaged $24,628.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,000 |
| $30,001 – $75,000 | $17,661 |
| Over $75,000 | $26,066 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $24,212 |
| Off-campus title-IV students | $22,092 |
To get a personalized net price estimate, try Lakeland’s NPC: lakeland.edu/traditional-undergraduate-financial-aid/net-price-calculator.
The middle student in the debt distribution at Lakeland owes $19,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Lakeland.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,667 |
| 25th percentile | $6,333 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $37,880 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $17,950 |
| Middle income | $20,000 |
| High income | $19,938 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $18,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,834 |
| Independent students | $21,145 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Lakeland.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Lakeland:
| Metric | Value |
|---|---|
| Stafford loan recipients | 11047 |
| Total Stafford loan amount | $290,232,536 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 21 |
| Total GI Bill amount | $139,617 |
| Average GI Bill amount per recipient | $6,648 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $3,000 |
| Average DoD amount per recipient | $3,000 |
References
More about our data sources and methodologies.