Financial Aid Scoreboard
Number Received Financial Aid (All Undergraduate)
1,984
Percent Received Financial Aid(All Undergraduate)
44%
Average Aid Amount
$4,105
Number Received Financial Aid (Freshmen)
633
Percent Received Financial Aid (Freshmen)
79%
Financial Aid Information at Lake Land
For the academic year 2019-2020, a total of 1,984 students (44% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,105. For freshmen (Full-time, first-time degree-seeking undergraduate students), 633 students (79% of enrolled students) received financial aid.
The 2022 undergraduate tuition & fees at Lake Land College is $4,280 for Illinois residents and $8,104 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2019-2020, a total of 1,984 students (44% of all students) have received grants or scholarships and the average received aid amount is $4,105. 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 | 1,984 | 44% | $4,105 |
| Pell Grants | 1,264 | 28% | $4,293 |
| Federal Student Loans | 342 | 8% | $3,413 |
Beginning Students Financial Aid
a total of 633 beginning students (79% of all freshmen) have received any financial aid and 585 students (73% 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 | 633 | 79% | - |
| Grants or Scholarship from All Sources | 585 | 73% | $4,901 |
| Federal Grants | 355 | 44% | $4,750 |
| Pell Grants | 355 | 44% | $4,731 |
| Other Federal Grants | 26 | 3% | $262 |
| State/Local Grants | 242 | 30% | $1,358 |
| Institutional Grants | 276 | 34% | $3,087 |
| Student Loans | 84 | 10% | $3,669 |
| Federal Student Loans | 79 | 10% | $3,284 |
| Other Student Loans | 9 | 1% | $5,417 |
Student Headcounts by Tuition Rates
For academic year 2019-2020, total 56 have paid in-state tuition rates (7% of undergraduate students) and 8 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 | 56 | 7% | $4,280 |
| Out-of-State Rate | 8 | 1% | $8,104 |
Students Headcount by Living Status
For academic year 2019-2020, total 539 full-time beginning students have enrolled and attended Lake Land College. Among them, 0 students have lived on campus and 223 students lived off campus (without family). Next table shows the students count by living status and years.
| Living Status | 2017 | 2018 | 2019 |
|---|---|---|---|
| Living On-Campus | 0 | 0 | 0 |
| Living Off-Campus with Family | 273 | 259 | 279 |
| Living Off-Campus without Family | 256 | 212 | 223 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
Next 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 2019-2020 . 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 | 398 | 364 | $2,235,723 | $5,617 |
| $0 - $30,000 | 203 | 202 | $1,421,870 | $7,004 |
| $30,001 - $48,000 | 79 | 79 | $462,417 | $5,853 |
| $48,001 - $75,000 | 70 | 65 | $271,169 | $3,874 |
| $75,001 - $110,000 | 26 | 12 | $58,292 | $2,242 |
| $110,001 or more | 20 | 6 | $21,975 | $1,099 |
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