Number Received Financial Aid (All Undergraduate)
2,026
Percent Received Financial Aid(All Undergraduate)
56%
Average Aid Amount
$3,705
Number Received Financial Aid (Freshmen)
607
Percent Received Financial Aid (Freshmen)
89%
Financial Aid Information at Lake Land
For the academic year 2021-2022, a total of 2,026 students (56% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $3,705. For freshmen (Full-time, first-time degree-seeking undergraduate students), 607 students (89% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Lake Land College is $8,104 for Illinois residents and $13,906 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 2,026 students (56% of all students) have received grants or scholarships and the average received aid amount is $3,705. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Lake Land College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 2,026 | 56% | $3,705 |
| Pell Grants | 868 | 24% | $4,412 |
| Federal Student Loans | 209 | 6% | $4,278 |
Beginning Students Financial Aid
a total of 607 beginning students (89% of all freshmen) have received any financial aid and 597 students (87% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Lake Land College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 607 | 89% | - |
| Grants or Scholarship from All Sources | 591 | 87% | $5,725 |
| Federal Grants | 563 | 82% | $4,045 |
| Pell Grants | 227 | 33% | $4,953 |
| Other Federal Grants | 562 | 82% | $2,052 |
| State/Local Grants | 182 | 27% | $1,434 |
| Institutional Grants | 246 | 36% | $3,435 |
| Student Loans | 50 | 7% | $4,711 |
| Federal Student Loans | 43 | 6% | $4,225 |
| Other Student Loans | 10 | 1% | $5,387 |
Student Headcounts by Tuition Rates
For academic year 2021-2022, total 59 have paid in-state tuition rates (9% of undergraduate students) and 7 students (1%) have paid the tuition & fee based on out-of-state rates at Lake Land College.
| Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
|---|---|---|---|
| In-State Rate | 59 | 9% | $8,104 |
| Out-of-State Rate | 7 | 1% | $13,906 |
Students Headcount by Living Status
For academic year 2021-2022, total 396 full-time beginning students have enrolled and attended Lake Land College. Among them, 0 students have lived on campus and 161 students lived off campus (without family). The following table shows the students count by living status and years.
| Living Status | 2019 | 2020 | 2021 |
|---|---|---|---|
| Living On-Campus | 0 | 0 | 0 |
| Living Off-Campus with Family | 279 | 223 | 199 |
| Living Off-Campus without Family | 223 | 187 | 161 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 231 | 216 | $1,406,651 | $6,089 |
| $0 - $30,000 | 123 | 123 | $922,861 | $7,503 |
| $30,001 - $48,000 | 46 | 46 | $311,707 | $6,776 |
| $48,001 - $75,000 | 41 | 40 | $156,211 | $3,810 |
| $75,001 - $110,000 | 15 | 7 | $15,872 | $1,058 |
| $110,001 or more | 6 | 0 | $0 | $0 |
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