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Financial Aid at LSC

The average amount of financial aid is $3,672 where 73% of enrolled students have received grants or scholarship aid at Lake Superior College. The average amount of tuition & fees is $6,404 for Minnesota residents and $5,786 for out-of-state students at Lake Superior College.
  • Average Financial Aid: $3,672
  • Undergraduate Tuition: $5,786
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All Undergraduate Student Financial Aid

For academic year 2022-2023, total 3,195 students (73% of all undergraduate students) have received grants or scholarships and the average received amount is $3,672. Grant/scholarship aid includes federal, state, local, institutional or other sources of grant aid. Next table shows the financial aid statistics for all undergraduate students by aid types at Lake Superior College.
Financial Aid Statistics at Lake Superior College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid3,19573%$3,672
Pell Grants89520%$3,426
Federal Student Loans94922%$6,342

Beginning Student Financial Aid

For first time, full time beginning students (freshmen), total 364 students (97% of all freshmen) have received any type of financial aid and 364 students (97% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. The average amount of grant/scholarship aid is $3,540 and the average amount of student loan aid is $6,322. Next table shows the headcount and average received amount of financial aid by source of the aid at Lake Superior College.
Beginning Students Financial Aid Statistics at Lake Superior College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid36497%-
Grants or Scholarship from All Sources36096%$3,540
Federal Grants35895%$2,977
Pell Grants11531%$3,755
Other Federal Grants35494%$1,790
State/Local Grants13536%$1,517
Institutional Grants31%$1,297
Student Loans12533%$6,322
Federal Student Loans11932%$5,125
Other Student Loans164%$11,277

Grants and Scholarship Aid By Income Level

Next table shows the number of students awarded and average grants/scholarship aid amount by income level for whom paying in-state tuition rate at Lake Superior College. The sources of grants and scholarship aid are the federal government, state/local government, or the institution (Lake Superior College.
Financial Aid Statistics By Income Level at Lake Superior College
Income LevelNumber of StudentsNumber of Students AwardedAverage Amount Aid Awarded
All level169114$3,026
$0-$30,0003838$5,326
$30,001-$48,0003030$5,061
$48,001-$75,0003333$3,937
$75,001-$110,0002410$981
$110,001 or more443$83

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All data used in our site is from IPEDS (The Integrated Postsecondary Education Data System), U.S. Department of Education, academic year 2022-2023
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