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What is the average loan amount at Lake Superior State University?

For the academic year 2022-2023, total 170 full-time, first-time students (47% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 791 students (44% of all students) have received federal student loans and the average loan amount is $6,675 at Lake Superior State University.

Below tables show the number and amount by source of financial aid at Lake Superior State University.
All Undergraduate Student Financial Aid at Lake Superior State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,36875%$9,513
Pell Grants54730%$4,423
Federal Student Loans79144%$6,675
Beginning Students (Freshmen) Financial Aid at Lake Superior State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid34696%-
Grants or Scholarship from All Sources33191%$10,816
Federal Grants12735%$4,771
Pell Grants11933%$4,776
Other Federal Grants5916%$637
State/Local Grants8523%$10,891
Institutional Grants30484%$6,738
Student Loans17047%$8,461
Federal Student Loans16245%$5,071
Other Student Loans4212%$14,687

Know more about Lake Superior State

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