How Lakes Region CC'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 Lakes Region Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 521, which is 57.00 % of all undergraduate students. 469 students which is 48.67% of undergraduate students received federal student loans and the average loan amount is $5,971.

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	674 (56%)	$4,570	568 (47%)	$4,267	712 (59%)	$6,106
2014-15	676 (54%)	$4,723	569 (46%)	$4,659	727 (58%)	$6,036
2015-16	596 (51%)	$4,515	472 (40%)	$4,700	629 (54%)	$6,006
2016-17	536 (53%)	$4,623	405 (40%)	$4,738	541 (53%)	$5,904
2017-18	457 (53%)	$4,177	366 (43%)	$3,771	462 (54%)	$5,953
2018-19	373 (49%)	$4,478	286 (38%)	$4,091	381 (50%)	$5,844
2019-20	471 (67%)	$3,739	231 (33%)	$4,428	317 (45%)	$6,052
2020-21	435 (62%)	$5,204	199 (29%)	$5,499	236 (34%)	$6,164
2021-22	470 (68%)	$5,368	176 (25%)	$5,576	217 (31%)	$5,674
Average	521 (57.00%)	$4,600	364 (37.89%)	$4,637	469 (48.67%)	$5,971

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

Overview

For the last 10 years, on average, 87 (57.22 % of students) received grants or scholarships and its average amount is $5,153. It can cover 34.42% of tuition & fees ($14,970) based on out-of-state rate.

In addition, 105 (66.67 % of students) students get helped from the students loans (average amount : $5,897).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	118 (54%)	$4,977	163 (75%)	$5,496
2014-15	103 (55%)	$5,310	142 (76%)	$5,225
2015-16	70 (46%)	$5,470	95 (63%)	$5,581
2016-17	109 (59%)	$4,056	132 (72%)	$5,500
2017-18	96 (56%)	$4,633	128 (74%)	$5,613
2018-19	61 (44%)	$5,604	98 (71%)	$7,220
2019-20	108 (78%)	$3,666	93 (67%)	$6,677
2020-21	67 (68%)	$5,969	47 (47%)	$6,054
2021-22	49 (55%)	$6,692	49 (55%)	$5,703
Average	87 (57.22%)	$5,153	105 (66.67%)	$5,897

^*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, 72 (45.22 % of students) received Pell (federal) grants and its average amount is $4,650.

In addition, 50 students received State/local government grants/scholarships (32.56 % 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	117 (54%)	$4,475	7 (3%)	$743	68 (31%)	$809	1 (0%)	$3,516
2014-15	100 (54%)	$4,912	5 (3%)	$630	67 (36%)	$753	5 (3%)	$419
2015-16	70 (46%)	$4,920	5 (3%)	$720	45 (30%)	$776	-	-
2016-17	83 (45%)	$4,503	12 (7%)	$733	51 (28%)	$760	48 (26%)	$433
2017-18	91 (53%)	$4,184	14 (8%)	$767	54 (31%)	$928	3 (2%)	$1,053
2018-19	59 (43%)	$4,404	6 (4%)	$800	50 (36%)	$1,535	1 (1%)	$500
2019-20	58 (42%)	$4,742	92 (67%)	$658	47 (34%)	$1,273	1 (1%)	$500
2020-21	42 (42%)	$5,033	40 (40%)	$1,419	45 (45%)	$2,370	12 (12%)	$2,093
2021-22	25 (28%)	$4,679	33 (37%)	$5,090	20 (22%)	$1,800	14 (16%)	$498
Average	72 (45.22%)	$4,650	24 (19.11%)	$1,284	50 (32.56%)	$1,223	11 (8.71%)	$1,127

^*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, 105 (66.67 % of students) get any students loan help and its average loan amount is $105.

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	163 (75%)	$5,496	163 (75%)	$5,339	4 (2%)	$6,375
2014-15	142 (76%)	$5,225	142 (76%)	$4,977	5 (3%)	$7,041
2015-16	95 (63%)	$5,581	95 (63%)	$5,321	3 (2%)	$8,228
2016-17	132 (72%)	$5,500	132 (72%)	$5,115	6 (3%)	$8,461
2017-18	128 (74%)	$5,613	126 (73%)	$4,903	11 (6%)	$9,164
2018-19	98 (71%)	$7,220	96 (70%)	$5,161	16 (12%)	$13,255
2019-20	93 (67%)	$6,677	89 (64%)	$4,953	15 (11%)	$12,008
2020-21	47 (47%)	$6,054	44 (44%)	$5,028	6 (6%)	$10,551
2021-22	49 (55%)	$5,703	49 (55%)	$4,391	4 (4%)	$16,067
Average	105 (66.67%)	$5,897	104 (65.78%)	$5,021	8 (5.44%)	$10,128

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Scholarships, Grants, and Loan Trends at Lakes Region CC

All Undergraduate Students Financial Aid Over Time

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