Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 84.44% of students received grants or scholarships and 49% 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 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14474 (25%)$4,133288 (15%)$3,677337 (18%)$5,332
2014-15532 (27%)$3,902241 (12%)$3,765323 (16%)$5,677
2015-16469 (24%)$4,539261 (14%)$4,005342 (18%)$5,445
2016-17473 (24%)$4,235266 (14%)$3,578349 (18%)$5,352
2017-18484 (25%)$4,450271 (14%)$3,932323 (16%)$5,484
2018-19543 (26%)$4,627257 (12%)$4,733321 (15%)$6,549
2019-20519 (26%)$5,124249 (13%)$4,372303 (15%)$5,718
2020-21474 (27%)$6,152209 (12%)$4,214265 (15%)$5,778
2021-22514 (32%)$5,389181 (11%)$4,081216 (13%)$5,267
Average498 (26.22%)$4,728247 (13.00%)$4,040309 (16.00%)$5,622
*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, 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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14149 (78%)$4,263102 (54%)$5,467
2014-15152 (77%)$4,00297 (49%)$6,431
2015-16154 (79%)$4,400106 (54%)$5,489
2016-17152 (81%)$4,121106 (57%)$5,687
2017-18167 (82%)$4,458105 (52%)$5,836
2018-19164 (84%)$5,02493 (47%)$6,351
2019-20179 (90%)$5,37588 (44%)$6,091
2020-21154 (91%)$5,28871 (42%)$5,376
2021-22163 (98%)$5,93274 (45%)$5,426
Average159 (84.44%)$4,76394 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1484 (44%)$3,96411 (6%)$54577 (41%)$1,736119 (63%)$1,366
2014-1561 (31%)$4,33127 (14%)$18576 (39%)$1,710118 (60%)$1,773
2015-1679 (41%)$4,20442 (22%)$18174 (38%)$2,008118 (61%)$1,604
2016-1773 (39%)$3,85031 (17%)$19467 (36%)$1,782121 (65%)$1,818
2017-1880 (39%)$4,43741 (20%)$18883 (41%)$1,868138 (68%)$1,644
2018-1978 (40%)$5,19445 (23%)$18964 (33%)$1,905132 (67%)$2,185
2019-2079 (40%)$4,80440 (20%)$559108 (55%)$2,218148 (75%)$2,167
2020-2151 (30%)$4,58441 (24%)$76680 (47%)$2,365140 (82%)$2,572
2021-2251 (31%)$4,954156 (94%)$1,16680 (48%)$2,439133 (80%)$2,536
Average71 (37.22%)$4,48048 (26.67%)$44179 (42.00%)$2,003130 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14102 (54%)$5,46799 (52%)$4,72014 (7%)$6,458
2014-1597 (49%)$6,43194 (48%)$5,12720 (10%)$7,095
2015-16106 (54%)$5,489105 (54%)$4,72713 (7%)$6,576
2016-17106 (57%)$5,687105 (56%)$4,60818 (10%)$6,611
2017-18105 (52%)$5,836103 (51%)$4,89817 (8%)$6,369
2018-1993 (47%)$6,35191 (46%)$5,31118 (9%)$5,966
2019-2088 (44%)$6,09186 (43%)$4,96313 (7%)$8,398
2020-2171 (42%)$5,37667 (39%)$4,7159 (5%)$7,307
2021-2274 (45%)$5,42674 (45%)$4,67511 (7%)$5,048
Average94 (49.33%)$5,79592 (48.22%)$4,86015 (7.78%)$6,648

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