Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 713, which is 80.22 % of all undergraduate students. 545 students which is 61.22% of undergraduate students received federal student loans and the average loan amount is $6,971.

For full-time, first-time beginning students (freshmen), 99.89% of students received grants or scholarships and 78% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Lake Erie College since 2013.

For that period, the average number of students who received grants aid/scholarships is 713, which is 80.22 % of all undergraduate students. 545 students which is 61.22% of undergraduate students received federal student loans and the average loan amount is $6,971.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14825 (89%)$18,042344 (37%)$4,151624 (68%)$7,264
2014-15757 (81%)$18,923316 (34%)$4,074596 (64%)$7,260
2015-16774 (78%)$19,434307 (31%)$4,044598 (60%)$7,025
2016-17721 (75%)$20,862293 (31%)$4,109565 (59%)$7,003
2017-18700 (73%)$21,680298 (31%)$4,641569 (60%)$7,165
2018-19689 (74%)$22,524315 (34%)$4,597537 (57%)$7,066
2019-20683 (82%)$24,413307 (37%)$4,487518 (62%)$6,812
2020-21648 (85%)$24,529263 (35%)$4,683465 (61%)$6,697
2021-22616 (85%)$25,220244 (34%)$4,757434 (60%)$6,444
Average713 (80.22%)$21,736299 (33.78%)$4,394545 (61.22%)$6,971
*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.

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

For the last 10 years, on average, 200 (99.89 % of students) received grants or scholarships and its average amount is $22,900. It can cover 63.56% of tuition & fees ($36,032).

In addition, 155 (77.67 % of students) students get helped from the students loans (average amount : $7,306).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14205 (100%)$19,730160 (78%)$7,765
2014-15186 (100%)$20,093161 (87%)$7,544
2015-16213 (100%)$20,128164 (77%)$7,483
2016-17218 (100%)$23,258170 (78%)$7,031
2017-18219 (100%)$22,740178 (81%)$6,776
2018-19194 (99%)$24,164148 (76%)$7,270
2019-20205 (100%)$25,205156 (76%)$7,501
2020-21170 (100%)$25,369123 (72%)$7,196
2021-22186 (100%)$25,417137 (74%)$7,190
Average200 (99.89%)$22,900155 (77.67%)$7,306
*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.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 90 (44.56 % of students) received Pell (federal) grants and its average amount is $4,342.

In addition, 43 students received State/local government grants/scholarships (21.44 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1485 (41%)$4,23213 (6%)$1,46245 (22%)$1,903205 (100%)$17,465
2014-1587 (47%)$3,77123 (12%)$2,32233 (18%)$2,171186 (100%)$17,657
2015-1689 (42%)$3,9028 (4%)$1,67346 (21%)$2,573213 (100%)$17,879
2016-17104 (47%)$4,21514 (6%)$1,85157 (26%)$2,442218 (100%)$20,490
2017-18106 (48%)$4,65010 (5%)$2,23151 (23%)$2,642218 (100%)$19,863
2018-1999 (51%)$4,47212 (6%)$1,44747 (24%)$2,470194 (99%)$21,194
2019-2099 (48%)$4,614146 (71%)$1,64755 (27%)$3,029205 (100%)$20,991
2020-2168 (40%)$4,4622 (1%)$2,50029 (17%)$3,226170 (100%)$23,004
2021-2269 (37%)$4,76213 (7%)$2,31728 (15%)$3,462186 (100%)$22,968
Average90 (44.56%)$4,34227 (13.11%)$1,93943 (21.44%)$2,658199 (99.89%)$20,168
*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.

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, 155 (77.67 % of students) get any students loan help and its average loan amount is $155.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14160 (78%)$7,765160 (78%)$6,19923 (11%)$10,894
2014-15161 (87%)$7,544161 (87%)$6,21821 (11%)$10,166
2015-16164 (77%)$7,483164 (77%)$5,84926 (12%)$10,306
2016-17170 (78%)$7,031170 (78%)$6,02217 (8%)$10,092
2017-18178 (81%)$6,776177 (81%)$5,96613 (6%)$11,549
2018-19148 (76%)$7,270147 (75%)$5,77023 (12%)$9,907
2019-20156 (76%)$7,501151 (73%)$5,46432 (16%)$10,783
2020-21123 (72%)$7,196122 (72%)$5,35421 (12%)$11,042
2021-22137 (74%)$7,190135 (73%)$5,35220 (11%)$13,126
Average155 (77.67%)$7,306154 (77.11%)$5,79922 (11.00%)$10,874

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