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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Lakes Region Community College since 2011.
For that period, the average number of students who received grants aid/scholarships is 539, which is 56.18 % of all undergraduate students. 507 students which is 50.18% of undergraduate students received federal student loans and the average loan amount is $5,989.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12577 (51%)$3,630495 (43%)$3,786663 (58%)$6,065
2012-13662 (54%)$3,887545 (44%)$4,137693 (56%)$6,073
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
Average539 (56.18%)$4,447392 (38.91%)$4,514507 (50.18%)$5,989

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 93 (57.18 % of students) received grants or scholarships and its average amount is $4,976. It can cover 33.24% of tuition & fees ($14,970) based on out-of-state rate.
In addition, 115 (68.27 % of students) students get helped from the students loans (average amount : $5,774).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12112 (54%)$4,033155 (75%)$4,941
2012-13126 (60%)$4,326159 (76%)$5,501
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
Average93 (57.18%)$4,976115 (68.27%)$5,774
*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 12 years, on average, 80 (47.36 % of students) received Pell (federal) grants and its average amount is $4,548.
In addition, 42 students received State/local government grants/scholarships (27.18 % 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
2011-12111 (54%)$3,9535 (2%)$7207 (3%)$1,332--
2012-13126 (60%)$4,2198 (4%)$7827 (3%)$1,046--
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
Average80 (47.36%)$4,54821 (16.18%)$1,18742 (27.18%)$1,21711 (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 12 years, on average, 115 (68.27 % of students) get any students loan help and its average loan amount is $115.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12155 (75%)$4,941155 (75%)$4,8782 (1%)$4,925
2012-13159 (76%)$5,501159 (76%)$5,2145 (2%)$9,120
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
Average115 (68.27%)$5,774114 (67.55%)$5,0257 (4.73%)$9,563

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