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How many students are received the students loans at Lake Michigan College?

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For the academic year 2022-2023, total 80 full-time, first-time students (26% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 519 students (19% of all students) have received federal student loans and the average loan amount is $4,021 at Lake Michigan College.

Below tables show the number and amount by source of financial aid at Lake Michigan College.
All Undergraduate Student Financial Aid at Lake Michigan College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,36687%$4,089
Pell Grants1,00637%$4,150
Federal Student Loans51919%$4,021
Beginning Students (Freshmen) Financial Aid at Lake Michigan College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid29497%-
Grants or Scholarship from All Sources29397%$6,272
Federal Grants28594%$4,760
Pell Grants14347%$5,457
Other Federal Grants26086%$2,216
State/Local Grants6020%$4,284
Institutional Grants9832%$2,287
Student Loans8026%$4,128
Federal Student Loans8026%$3,916
Other Student Loans10%$16,952
see more grants, scholarship, student loans, and other financial aid stats

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

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