2,366 students (87% of total 2,729 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Lake Michigan College (LMC). The average amount of the aid awarded is $4,089.

For the first-time, full-time beginning students (freshmen), 97% of total 303 enrolled students have received any kind of financial aid and its average amount of aid received is $6,272.

All Undergraduate Financial Aid

At Lake Michigan College, 2,366 undergraduate students (87% of total 2,729 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $4,089.

Financial Aid Statistics (All Undergraduate Students) - LMC
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship2,36687% $9,674,588$4,089
Pell Grants1,00637% $4,174,717$4,150
Federal Student Loan51919% $2,086,938$4,021

Beginning Undergraduate Students (Freshmen) Financial Aid

294 beginning undergraduate students (97% of total 303 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Lake Michigan College. The average amount of aid received is $6,272.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - LMC
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid29497% --
Grants or Scholarships29397%$1,837,783$6,272
Federal Grants28594%$1,356,617$4,760
Pell Grants14347%$780,392$5,457
Other Federal Grants26086%$576,225$2,216
State/Local Grants6020%$257,036$4,284
Institutional Grants9832%$224,130$2,287
Student Loan Aid8026%$330,202$4,128
Federal Student Loans8026%$313,250$3,916
Other Student Loans1-$16,952$16,952

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2021-2022 at Lake Michigan College.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level145113$1,007,225$6,946
0-30,0005555$527,356$9,588
30,001-48,0003215$220,461$6,889
48,001-75,0002918$148,772$5,130
75,001-110,0001110$46,438$4,222
110,001 or more1815$64,198$3,567

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