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

For full-time, first-time beginning students (freshmen), 57.22% of students received grants or scholarships and 67% 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 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14674 (56%)$4,570568 (47%)$4,267712 (59%)$6,106
2014-15676 (54%)$4,723569 (46%)$4,659727 (58%)$6,036
2015-16596 (51%)$4,515472 (40%)$4,700629 (54%)$6,006
2016-17536 (53%)$4,623405 (40%)$4,738541 (53%)$5,904
2017-18457 (53%)$4,177366 (43%)$3,771462 (54%)$5,953
2018-19373 (49%)$4,478286 (38%)$4,091381 (50%)$5,844
2019-20471 (67%)$3,739231 (33%)$4,428317 (45%)$6,052
2020-21435 (62%)$5,204199 (29%)$5,499236 (34%)$6,164
2021-22470 (68%)$5,368176 (25%)$5,576217 (31%)$5,674
Average521 (57.00%)$4,600364 (37.89%)$4,637469 (48.67%)$5,971
*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, 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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14118 (54%)$4,977163 (75%)$5,496
2014-15103 (55%)$5,310142 (76%)$5,225
2015-1670 (46%)$5,47095 (63%)$5,581
2016-17109 (59%)$4,056132 (72%)$5,500
2017-1896 (56%)$4,633128 (74%)$5,613
2018-1961 (44%)$5,60498 (71%)$7,220
2019-20108 (78%)$3,66693 (67%)$6,677
2020-2167 (68%)$5,96947 (47%)$6,054
2021-2249 (55%)$6,69249 (55%)$5,703
Average87 (57.22%)$5,153105 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14117 (54%)$4,4757 (3%)$74368 (31%)$8091 (0%)$3,516
2014-15100 (54%)$4,9125 (3%)$63067 (36%)$7535 (3%)$419
2015-1670 (46%)$4,9205 (3%)$72045 (30%)$776--
2016-1783 (45%)$4,50312 (7%)$73351 (28%)$76048 (26%)$433
2017-1891 (53%)$4,18414 (8%)$76754 (31%)$9283 (2%)$1,053
2018-1959 (43%)$4,4046 (4%)$80050 (36%)$1,5351 (1%)$500
2019-2058 (42%)$4,74292 (67%)$65847 (34%)$1,2731 (1%)$500
2020-2142 (42%)$5,03340 (40%)$1,41945 (45%)$2,37012 (12%)$2,093
2021-2225 (28%)$4,67933 (37%)$5,09020 (22%)$1,80014 (16%)$498
Average72 (45.22%)$4,65024 (19.11%)$1,28450 (32.56%)$1,22311 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14163 (75%)$5,496163 (75%)$5,3394 (2%)$6,375
2014-15142 (76%)$5,225142 (76%)$4,9775 (3%)$7,041
2015-1695 (63%)$5,58195 (63%)$5,3213 (2%)$8,228
2016-17132 (72%)$5,500132 (72%)$5,1156 (3%)$8,461
2017-18128 (74%)$5,613126 (73%)$4,90311 (6%)$9,164
2018-1998 (71%)$7,22096 (70%)$5,16116 (12%)$13,255
2019-2093 (67%)$6,67789 (64%)$4,95315 (11%)$12,008
2020-2147 (47%)$6,05444 (44%)$5,0286 (6%)$10,551
2021-2249 (55%)$5,70349 (55%)$4,3914 (4%)$16,067
Average105 (66.67%)$5,897104 (65.78%)$5,0218 (5.44%)$10,128

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