#3 Best Colleges in Louisiana

Our Lady of the Lake College Tuition & Cost

Baton Rouge, Louisiana

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How much does it cost to attend?

Sticker Price
Costs for Our Lady of the Lake College
Fee Cost
Books and Supplies$1,200
Other Fees$1,126
Estimated Off Campus Cost of Living $14,949
Other Expenses Budget$4,230

Annual Prices

The annual list price to attend Our Lady of the Lake College on a full time basis for 2018/2019 is $34,524 for all students regardless of their residency. This fee is comprised of $13,019 for tuition, $14,949 room and board, $1,200 for books and supplies and $1,126 for other fees. Out of state tuition for Our Lady of the Lake College is $13,019, the same as Louisiana residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Our Lady of the Lake College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income Our Lady of the Lake College
Family Income Net Price Paid
$0 to $30,000$14,179
$30,001 to $48,000$13,132
$48,001 to $75,000$16,282
$75,001 to $110,000$18,093

The average reported annual net price for Our Lady of the Lake College for students receiving grants or scholarship aid was $15,073 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

88% of full-time undergrad Our Lady of the Lake College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $11,170 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 47% of students received Federal Student Loans averaging $5,111 and 5% of undergrads took out private student loans averaging $4,461.

Finanical Aid Our Lady of the Lake College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $11,170 88%
Institutional Grants and Scholarships $5,603 52%
Pell Grants $5,091 41%
Other Federal Grants $833 5%
State and Local Grants $5,473 88%
Federal Student Loans $5,111 47%
Other Student Loans $4,461 5%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Our Lady of the Lake College, we've modeled a ten year student loan with an original principal value of $40,264. The loan balance of $40,264 is a four year multiple of the $10,066 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $384 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $40,264
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $384.16
Total Interest Paid $5,835.56
Sum of All Loan Payments $46,099.56

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $34,524
2 $36,495
3 $38,578
4 $40,781

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Our Lady of the Lake College to be $138,096 - assuming graduation in normal time. The estimation assumes a 5.7% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Our Lady of the Lake College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $542 $1,626 $2,168

Estimated cost for a class at Our Lady of the Lake College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Our Lady of the Lake College versus other colleges.

Tuition Payment Plans Available

Our Lady of the Lake College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=160074 IPEDS survey data for Our Lady of the Lake College.