L
Public 2 Year

LSC Tuition & Cost

Duluth, Minnesota

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How much does it cost to attend?

In State Minnesota Resident Sticker Price
$20,784
In State Costs for Lake Superior College
Fee Cost
Tuition$4,549
Books and Supplies$1,500
Other Fees$785
Estimated Off Campus Cost of Living $7,254
Other Expenses Budget$6,696
Out of State Resident Sticker Price
$20,784
Out of State Costs for Lake Superior College
Fee Cost
Tuition$4,549
Books and Supplies$1,500
Other Fees$785
Estimated Off Campus Cost of Living $7,254
Other Expenses Budget$6,696

Residents of Minnesota pay an annual total price of $20,784 to attend Lake Superior College on a full time basis. This fee is comprised of $4,549 for tuition, $1,500 for books and supplies and $785 for other fees.

Out of state residents are charged a total cost of $20,784 which is 0% higher than Minnesota residents. The tuition charge is $4,549 while books and supplies are $1,500 and other fees come in at $785.

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 Lake Superior College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$12,422
Net Price by Income Lake Superior College
Family Income Net Price Paid
$0 to $30,000$11,456
$30,001 to $48,000$12,098
$48,001 to $75,000$13,914
$75,001 to $110,000$16,488
$110,000+$17,140

The average reported annual net price for Lake Superior College for students receiving grants or scholarship aid was $12,422 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

52% of full-time undergrad Lake Superior 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 $4,488 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 38% of students received Federal Student Loans averaging $4,987 and 3% of undergrads took out private student loans averaging $10,391.

Finanical Aid Lake Superior College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $4,488 52%
Institutional Grants and Scholarships $2,583 0%
Pell Grants $4,200 43%
Other Federal Grants $743 6%
State and Local Grants $1,120 44%
Federal Student Loans $4,987 38%
Other Student Loans $10,391 3%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Lake Superior College, we've modeled a ten year student loan with an original principal value of $25,786. The loan balance of $25,786 is a two year multiple of the $12,893 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 $246 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 $25,786
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $246.03
Total Interest Paid $3,737.23
Sum of All Loan Payments $29,523.23

Projected 2 Year Degree Price

2 Year Sticker Price
$41,568
Year Minnesota Residents Non Residents
1 $20,784 $20,784
2 $20,907 $20,907

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Lake Superior College to be $41,568 - assuming graduation in normal time. The estimation assumes a 0.6% annual increase over the next 2 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Lake Superior College
Price Per Credit 3 Credit Class 4 Credit Class
Out of State Residents $152 $456 $608

Estimated cost for a class at Lake Superior 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 Lake Superior College versus other colleges.

Tuition Payment Plans Available

Lake Superior 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=173461 IPEDS survey data for Lake Superior College.