Number Received Financial Aid (All Undergraduate)
1,725
Percent Received Financial Aid(All Undergraduate)
45%
Average Aid Amount
$4,201
Number Received Financial Aid (Freshmen)
286
Percent Received Financial Aid (Freshmen)
76%
Financial Aid Information at LSC
For the academic year 2023-2024, a total of 1,725 students (45% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,201. For freshmen (Full-time, first-time degree-seeking undergraduate students), 286 students (76% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Lake Superior College is $5,785, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,725 students (45% of all students) have received grants or scholarships and the average received aid amount is $4,201. 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 Superior 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 | 1,725 | 45% | $4,201 |
| Pell Grants | 741 | 19% | $3,667 |
| Federal Student Loans | 846 | 22% | $6,298 |
Beginning Students Financial Aid
a total of 286 beginning students (76% of all freshmen) have received any financial aid and 236 students (63% 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 Superior College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 286 | 76% | - |
| Grants or Scholarship from All Sources | 157 | 42% | $5,642 |
| Federal Grants | 123 | 33% | $4,840 |
| Pell Grants | 118 | 31% | $4,693 |
| Other Federal Grants | 31 | 8% | $1,342 |
| State/Local Grants | 140 | 37% | $2,037 |
| Institutional Grants | 3 | 1% | $1,722 |
| Student Loans | 128 | 34% | $7,849 |
| Federal Student Loans | 122 | 33% | $5,002 |
| Other Student Loans | 18 | 5% | $21,911 |
Students Headcount by Living Status
For academic year 2023-2024, total 139 full-time beginning students have enrolled and attended Lake Superior College. Among them, 0 students have lived on campus and 81 students lived off campus (without family). The following table shows the students count by living status and years.
| Living Status | 2021 | 2022 | 2023 |
|---|---|---|---|
| Living On-Campus | 0 | 0 | 0 |
| Living Off-Campus with Family | 54 | 56 | 55 |
| Living Off-Campus without Family | 97 | 83 | 81 |
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 2023-2024 . 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 | 179 | 118 | $715,784 | $3,999 |
| $0 - $30,000 | 48 | 48 | $393,047 | $8,188 |
| $30,001 - $48,000 | 22 | 22 | $132,422 | $6,019 |
| $48,001 - $75,000 | 35 | 35 | $158,419 | $4,526 |
| $75,001 - $110,000 | 25 | 11 | $22,165 | $887 |
| $110,001 or more | 49 | 2 | $9,731 | $199 |
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