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What is the average loan amount at Lake Area Technical College?

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For the academic year 2022-2023, total 597 full-time, first-time students (84% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 1,375 students (63% of all students) have received federal student loans and the average loan amount is $5,661 at Lake Area Technical College.

Below tables show the number and amount by source of financial aid at Lake Area Technical College.
All Undergraduate Student Financial Aid at Lake Area Technical College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,16099%$4,418
Pell Grants65630%$4,598
Federal Student Loans1,37563%$5,661
Beginning Students (Freshmen) Financial Aid at Lake Area Technical College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid704100%-
Grants or Scholarship from All Sources70199%$4,149
Federal Grants70099%$3,333
Pell Grants27339%$4,845
Other Federal Grants68797%$1,471
State/Local Grants9513%$2,058
Institutional Grants15822%$2,405
Student Loans59784%$6,031
Federal Student Loans59784%$5,034
Other Student Loans608%$9,920
see more grants, scholarship, student loans, and other financial aid stats

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