1,264 students (58% of total 2,179 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Lake Area Technical College (LATI). The average amount of the aid awarded is $6,767.
For the first-time, full-time beginning students (freshmen), 91% of total 599 enrolled students have received any kind of financial aid and its average amount of aid received is $6,014.
At Lake Area Technical College, 1,264 undergraduate students (58% of total 2,179 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $6,767.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 1,264 | 58% | $8,554,021 | $6,767 |
| Pell Grants | 599 | 27% | $3,002,846 | $5,013 |
| Federal Student Loan | 1,250 | 57% | $7,337,386 | $5,870 |
547 beginning undergraduate students (91% of total 599 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Lake Area Technical College. The average amount of aid received is $6,014.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 547 | 91% | - | - |
| Grants or Scholarships | 339 | 57% | $2,038,755 | $6,014 |
| Federal Grants | 204 | 34% | $1,150,381 | $5,639 |
| Pell Grants | 203 | 34% | $1,105,143 | $5,444 |
| Other Federal Grants | 61 | 10% | $45,238 | $742 |
| State/Local Grants | 60 | 10% | $185,923 | $3,099 |
| Institutional Grants | 149 | 25% | $702,451 | $4,714 |
| Student Loan Aid | 487 | 81% | $2,937,932 | $6,033 |
| Federal Student Loans | 487 | 81% | $2,485,416 | $5,104 |
| Other Student Loans | 37 | 6% | $452,516 | $12,230 |
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 Area Technical 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 | 496 | 313 | $1,693,025 | $3,413 |
| 0-30,000 | 86 | 86 | $684,385 | $7,958 |
| 30,001-48,000 | 47 | 46 | $303,907 | $6,466 |
| 48,001-75,000 | 99 | 82 | $416,328 | $4,205 |
| 75,001-110,000 | 112 | 43 | $147,159 | $1,314 |
| 110,001 or more | 152 | 56 | $141,246 | $929 |
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