How Lake Region State's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Lake Region State College since 2013.

For that period, the average number of students who received grants aid/scholarships is 498, which is 26.22 % of all undergraduate students. 309 students which is 16.00% of undergraduate students received federal student loans and the average loan amount is $5,622.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	474 (25%)	$4,133	288 (15%)	$3,677	337 (18%)	$5,332
2014-15	532 (27%)	$3,902	241 (12%)	$3,765	323 (16%)	$5,677
2015-16	469 (24%)	$4,539	261 (14%)	$4,005	342 (18%)	$5,445
2016-17	473 (24%)	$4,235	266 (14%)	$3,578	349 (18%)	$5,352
2017-18	484 (25%)	$4,450	271 (14%)	$3,932	323 (16%)	$5,484
2018-19	543 (26%)	$4,627	257 (12%)	$4,733	321 (15%)	$6,549
2019-20	519 (26%)	$5,124	249 (13%)	$4,372	303 (15%)	$5,718
2020-21	474 (27%)	$6,152	209 (12%)	$4,214	265 (15%)	$5,778
2021-22	514 (32%)	$5,389	181 (11%)	$4,081	216 (13%)	$5,267
Average	498 (26.22%)	$4,728	247 (13.00%)	$4,040	309 (16.00%)	$5,622

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 159 (84.44 % of students) received grants or scholarships and its average amount is $4,763. It can cover 86.94% of tuition & fees ($5,478) based on out-of-state rate.

In addition, 94 (49.33 % of students) students get helped from the students loans (average amount : $5,795).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	149 (78%)	$4,263	102 (54%)	$5,467
2014-15	152 (77%)	$4,002	97 (49%)	$6,431
2015-16	154 (79%)	$4,400	106 (54%)	$5,489
2016-17	152 (81%)	$4,121	106 (57%)	$5,687
2017-18	167 (82%)	$4,458	105 (52%)	$5,836
2018-19	164 (84%)	$5,024	93 (47%)	$6,351
2019-20	179 (90%)	$5,375	88 (44%)	$6,091
2020-21	154 (91%)	$5,288	71 (42%)	$5,376
2021-22	163 (98%)	$5,932	74 (45%)	$5,426
Average	159 (84.44%)	$4,763	94 (49.33%)	$5,795

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 71 (37.22 % of students) received Pell (federal) grants and its average amount is $4,480.

In addition, 79 students received State/local government grants/scholarships (42.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	84 (44%)	$3,964	11 (6%)	$545	77 (41%)	$1,736	119 (63%)	$1,366
2014-15	61 (31%)	$4,331	27 (14%)	$185	76 (39%)	$1,710	118 (60%)	$1,773
2015-16	79 (41%)	$4,204	42 (22%)	$181	74 (38%)	$2,008	118 (61%)	$1,604
2016-17	73 (39%)	$3,850	31 (17%)	$194	67 (36%)	$1,782	121 (65%)	$1,818
2017-18	80 (39%)	$4,437	41 (20%)	$188	83 (41%)	$1,868	138 (68%)	$1,644
2018-19	78 (40%)	$5,194	45 (23%)	$189	64 (33%)	$1,905	132 (67%)	$2,185
2019-20	79 (40%)	$4,804	40 (20%)	$559	108 (55%)	$2,218	148 (75%)	$2,167
2020-21	51 (30%)	$4,584	41 (24%)	$766	80 (47%)	$2,365	140 (82%)	$2,572
2021-22	51 (31%)	$4,954	156 (94%)	$1,166	80 (48%)	$2,439	133 (80%)	$2,536
Average	71 (37.22%)	$4,480	48 (26.67%)	$441	79 (42.00%)	$2,003	130 (69.00%)	$1,963

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 94 (49.33 % of students) get any students loan help and its average loan amount is $94.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	102 (54%)	$5,467	99 (52%)	$4,720	14 (7%)	$6,458
2014-15	97 (49%)	$6,431	94 (48%)	$5,127	20 (10%)	$7,095
2015-16	106 (54%)	$5,489	105 (54%)	$4,727	13 (7%)	$6,576
2016-17	106 (57%)	$5,687	105 (56%)	$4,608	18 (10%)	$6,611
2017-18	105 (52%)	$5,836	103 (51%)	$4,898	17 (8%)	$6,369
2018-19	93 (47%)	$6,351	91 (46%)	$5,311	18 (9%)	$5,966
2019-20	88 (44%)	$6,091	86 (43%)	$4,963	13 (7%)	$8,398
2020-21	71 (42%)	$5,376	67 (39%)	$4,715	9 (5%)	$7,307
2021-22	74 (45%)	$5,426	74 (45%)	$4,675	11 (7%)	$5,048
Average	94 (49.33%)	$5,795	92 (48.22%)	$4,860	15 (7.78%)	$6,648

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Scholarships, Grants, and Loan Trends at Lake Region State

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time