1,820 students (45% of total 4,001 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Lake Superior College (LSC). The average amount of the aid awarded is $4,332.
For the first-time, full-time beginning students (freshmen), 76% of total 342 enrolled students have received any kind of financial aid and its average amount of aid received is $5,552.
At Lake Superior College, 1,820 undergraduate students (45% of total 4,001 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $4,332.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 1,820 | 45% | $7,884,902 | $4,332 |
| Pell Grants | 768 | 19% | $3,135,955 | $4,083 |
| Federal Student Loan | 857 | 21% | $5,286,235 | $6,168 |
260 beginning undergraduate students (76% of total 342 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Lake Superior College. The average amount of aid received is $5,552.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 260 | 76% | - | - |
| Grants or Scholarships | 168 | 49% | $932,758 | $5,552 |
| Federal Grants | 129 | 38% | $642,732 | $4,982 |
| Pell Grants | 126 | 37% | $597,525 | $4,742 |
| Other Federal Grants | 31 | 9% | $45,207 | $1,458 |
| State/Local Grants | 146 | 43% | $279,462 | $1,914 |
| Institutional Grants | 6 | 2% | $10,564 | $1,761 |
| Student Loan Aid | 122 | 36% | $1,159,376 | $9,503 |
| Federal Student Loans | 119 | 35% | $597,577 | $5,022 |
| Other Student Loans | 21 | 6% | $561,799 | $26,752 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Lake Superior College.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 179 | 118 | $715,784 | $3,999 |
| 0-30,000 | 48 | 48 | $393,047 | $8,188 |
| 30,001-48,000 | 22 | 22 | $132,422 | $6,019 |
| 48,001-75,000 | 35 | 35 | $158,419 | $4,526 |
| 75,001-110,000 | 25 | 11 | $22,165 | $887 |
| 110,001 or more | 49 | 2 | $9,731 | $199 |
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