Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,549, which is 51.56 % of all undergraduate students. 1,597 students which is 31.89% of undergraduate students received federal student loans and the average loan amount is $6,329.

For full-time, first-time beginning students (freshmen), 65.00% of students received grants or scholarships and 45% 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 Superior College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,549, which is 51.56 % of all undergraduate students. 1,597 students which is 31.89% of undergraduate students received federal student loans and the average loan amount is $6,329.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,764 (51%)$3,5702,119 (39%)$3,3642,386 (44%)$6,841
2014-152,608 (51%)$3,5591,875 (37%)$3,2852,178 (43%)$6,787
2015-162,263 (47%)$3,6001,483 (31%)$3,3361,843 (38%)$6,422
2016-172,123 (44%)$3,7361,364 (28%)$3,3451,636 (34%)$6,717
2017-182,162 (43%)$3,6691,277 (25%)$3,3411,528 (30%)$6,042
2018-192,202 (42%)$3,8121,243 (24%)$3,3661,420 (27%)$5,910
2019-202,790 (53%)$3,1471,138 (22%)$3,3931,359 (26%)$5,820
2020-212,838 (60%)$3,167977 (21%)$3,4071,078 (23%)$6,080
2021-223,195 (73%)$3,672895 (20%)$3,426949 (22%)$6,342
Average2,549 (51.56%)$3,5481,375 (27.44%)$3,3631,597 (31.89%)$6,329
*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, 267 (65.00 % of students) received grants or scholarships and its average amount is $3,884. It can cover 67.13% of tuition & fees ($5,785) based on out-of-state rate.

In addition, 184 (44.78 % of students) students get helped from the students loans (average amount : $6,145).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14268 (61%)$4,348255 (58%)$6,311
2014-15201 (52%)$4,069228 (60%)$6,093
2015-16178 (51%)$4,173172 (49%)$5,809
2016-17206 (51%)$4,459191 (47%)$6,002
2017-18209 (48%)$4,127199 (45%)$5,919
2018-19231 (52%)$4,488172 (39%)$5,717
2019-20403 (89%)$2,742191 (42%)$5,940
2020-21343 (85%)$3,006119 (30%)$7,189
2021-22360 (96%)$3,540125 (33%)$6,322
Average267 (65.00%)$3,884184 (44.78%)$6,145
*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, 172 (42.00 % of students) received Pell (federal) grants and its average amount is $4,010.

In addition, 159 students received State/local government grants/scholarships (38.44 % 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
2013-14242 (55%)$4,2146 (1%)$712172 (39%)$822--
2014-15182 (48%)$3,8394 (1%)$750131 (34%)$887--
2015-16151 (43%)$4,03817 (5%)$788134 (38%)$892--
2016-17177 (44%)$3,91721 (5%)$686157 (39%)$1,343--
2017-18174 (40%)$3,89518 (4%)$644163 (37%)$1,0551 (0%)$1,242
2018-19189 (43%)$4,20028 (6%)$743196 (44%)$1,1201 (0%)$2,583
2019-20180 (40%)$4,014346 (76%)$431188 (41%)$1,2163 (1%)$1,498
2020-21136 (34%)$4,219313 (78%)$728154 (38%)$1,4662 (0%)$1,834
2021-22115 (31%)$3,755354 (94%)$1,790135 (36%)$1,5173 (1%)$1,297
Average172 (42.00%)$4,010123 (30.00%)$808159 (38.44%)$1,1462 (1.00%)$1,691
*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, 184 (44.78 % of students) get any students loan help and its average loan amount is $184.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14255 (58%)$6,311253 (57%)$5,99014 (3%)$6,708
2014-15228 (60%)$6,093228 (60%)$5,73111 (3%)$7,510
2015-16172 (49%)$5,809165 (47%)$5,27716 (5%)$8,032
2016-17191 (47%)$6,002189 (47%)$5,56117 (4%)$5,610
2017-18199 (45%)$5,919195 (45%)$4,95616 (4%)$13,213
2018-19172 (39%)$5,717168 (38%)$4,98714 (3%)$10,391
2019-20191 (42%)$5,940188 (41%)$4,82819 (4%)$11,942
2020-21119 (30%)$7,189117 (29%)$5,12414 (3%)$18,285
2021-22125 (33%)$6,322119 (32%)$5,12516 (4%)$11,277
Average184 (44.78%)$6,145180 (44.00%)$5,28715 (3.67%)$10,330

Ratings & Review

Share your experiences and thoughts about Lake Superior College. It will be a great help to applicants and prospective students!