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Public 4 Year

Lake Washington Institute of Technology Tuition & Cost

Kirkland, Washington

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How much does it cost to attend?

In State Washington Resident Sticker Price

$20,542
In State Costs for Lake Washington Institute of Technology
Fee Cost
Tuition$3,029
Other Fees$1,580
Books and Supplies$1,101
Estimated Off Campus Cost of Living $11,118
Other Expenses Budget$3,714

Out of State Resident Sticker Price

$25,618
Out of State Costs for Lake Washington Institute of Technology
Fee Cost
Tuition$8,105
Other Fees$1,580
Books and Supplies$1,101
Estimated Off Campus Cost of Living $11,118
Other Expenses Budget$3,714

In-State Tuition

In-state tuition at Lake Washington Institute of Technology for undergraduate students residing in Washington is $3,029. Students will also need to budget for books and supplies, which typically amount to $1,101 annually. Other administrative or academic fees are $1,580 for the year. Additionally, students should plan an estimated $3,714 for other miscellaneous expenses throughout the year. In sum, residents attending Lake Washington Institute of Technology full time should expect a total annual cost of $20,542.

Out-of-State Tuition

Undergraduate tuition at Lake Washington Institute of Technology is $8,105 for out-of-state students. Additionally, out-of-state students are charged $1,101 for textbooks and educational resources, plus fees of $1,580. Students are advised to budget $3,714 for other expenses. When these costs are combined, annual out-of-state charges total $25,618. This figure is 24.7% higher than what Washington residents pay.

Housing Costs

Lake Washington Institute of Technology doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Kirkland area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $11,118.

Books and Supplies

The estimated annual cost for books and educational supplies is $1,101.

Other Living Expenses

Off-campus students should budget for $3,714 in other miscellaneous living expenses.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

The average reported annual net price for Lake Washington Institute of Technology for students receiving grants or scholarship aid was $8,283* in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses.

Average Net Price 2019/2020

$8,283

Below is the average net price by student family income.

Net Price by Income Lake Washington Institute of Technology
Family Income Net Price Paid
$0 to $30,000$8,088
$30,001 to $48,000$8,085
$48,001 to $75,000$13,290
$75,001 to $110,000$14,884
$110,000+$14,884

The net price provides a more realistic estimate of the true cost of attending Lake Washington Institute of Technology, once common grants and scholarships have been taken into account. It's important to note that your net price will fluctuate based on factors such as family income, assets and individual financial need. Net price is the out-of-pocket total cost that students end up paying or financing though student loans.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Financial Aid

31% of full-time undergrad Lake Washington Institute of Technology received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,656 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back.

Pell Grants

22 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $3,642. To apply for a Pell Grant to attend Lake Washington Institute of Technology, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Student Loans

7% of students received Federal Student Loans averaging $5,503.

Finanical Aid Lake Washington Institute of Technology
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,656 31%
Institutional Grants and Scholarships $659 4%
Pell Grants $3,642 22%
Other Federal Grants $817 8%
State and Local Grants $3,056 22%
Federal Student Loans $5,503 7%
Other Student Loans $0 0%

Financial Aid Mix - $20,542 In-State Total Cost

CollegeSimply has modeled example payment coverage for the annual in-state tuition and living expenses of $20,542. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

34%
33%
34%

Grants and Scholarships

34% - $5,656

Money granted to you by the U.S. Department of Education, Lake Washington Institute of Technology or other organizations. These are not loans and do not need to be repaid.

Federal Student Loans

33% - $5,503

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket Cost

34% -  $5,669

Covered by family savings, work or private student loans which you will have to repay.

Student Loans

To gauge a more realistic picture of what it really could cost you out of pocket to go to Lake Washington Institute of Technology, we've modeled a ten year student loan with an original principal value of $33,132. The loan balance of $33,132 is a four year multiple of the $8,283 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 $360 could be required to pay off your student loan. The total of all payments including interest would sum $43,148.31.

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 5.5%.

Example Loan $33,132
Stafford Loan Interest Rate 5.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $359.57
Total Interest Paid $10,016.31
Sum of All Loan Payments $43,148.31

Student Loan Affordability

In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Lake Washington Institute of Technology, should consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $43,148.31 would be needed to afford a $359.57 monthly payment in the example $33,132.00 loan modeled above. This assumes a repayment over 10 years. You can change the terms of this example loan using the student loan calculator below. View statistics about Lake Washington Institute of Technology student loan debt and graduate salaries under student outcomes.

Projected 4 Year Degree Price

4 Year Sticker Price

$82,168
Year Washington Residents Non Residents
1 $20,542 $25,618
2 $21,063 $26,268
3 $21,598 $26,934
4 $22,146 $27,618

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Lake Washington Institute of Technology to be $82,168 - assuming graduation in normal time. The estimation assumes a 2.5% 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 Lake Washington Institute of Technology
Price Per Credit 3 Credit Class 4 Credit Class
Washington Residents $128 $384 $512
Out of State Residents $282 $846 $1,128

Estimated cost for a class at Lake Washington Institute of Technology 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 Washington Institute of Technology versus other colleges.

Tuition Payment Plans Available

Lake Washington Institute of Technology Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Tuition History

Historical in-state and out-of-state tuition and price increases for Lake Washington Institute of Technology.

YearIn-StateOut-of-stateAnnual Increase
2021$3,029$8,105 2.8%
2020$2,947$7,884 2.5%
2019$2,875$7,812 2.4%
2018$2,808$7,746 2.2%
2017$2,748$7,683 2.2%
2016$2,688$7,625 0%
2015$2,688$7,625 -5%
2014$2,829$7,625 0%
2013$2,829$7,625

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Lake Washington Institute of Technology in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Lake Washington Institute of Technology student loan.

Prepayment Option

Costs for Similar Colleges 

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Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=235699 IPEDS survey data for Lake Washington Institute of Technology.