$3,598

Tuition

$15,885

Cost of Attendance

$9,410

Net Price

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Lake Region State College (LRSC) Tuition and Fees

Lake Region State College is known for offering a wide range of programs in a variety of streams, providing quality education to students. Compared to the tuition fees charged at most colleges, the cost of education at LRSC is quite low. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $4,655, which includes the total tuition fees and other expenses. The housing facilities, books and supplies, and other expenses cost $6,810, $1,000, and $3,810, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$4,475$4,475
Book & Supplies$1,000$1,000
Room & Board cost$6,660$6,660
Other Expenses$3,750$3,750
Total Cost of Attendance$15,885$15,885

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. For students attending the university, the total tuition and fees for one year add up to about $4,655. Other than that, they will need to shell out an amount of $1,000 for books and supplies, $6,810 for room and boarding charges, and $3,810 toward other expenses on average in a year. Therefore, the estimated cost of attendance for one year at LRSC is around $16,275, as per the available information.

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Average Net Price by Family Income

Net Price

$9,410

Family Income

Avg. Net Price

$0 to $30,000

$6,699

$30,001 to $48,000

$7,696

$48,001 to $75,000

$10,746

$75,001 to $110,000

$12,356

$110,000+

$12,988

The net cost of attending Lake Region State College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. Simply put, the family income of the candidate is a key factor in determining the net amount. At LRSC, the average net price is estimated to be $9,648. For students with a family income below $30,000, the estimated net price is $7,191, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $7,719. The amount stands at $10,521 for an annual income between $48,001 and $75,000, $13,465 for the $75,001-$110,000 income bracket, and $13,278 for a family income above $110,000.

Student Loans

Example Loans

$14,920

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$155

Total interest paid

$3,660

Sum of Loan Payments

$18,580

To have a realistic understanding of how much it will cost to study at Lake Region State College (LRSC) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $14,920 for example. This will result in a $1,858 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $18,580 which is $3,660 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$4,475$4,475
Room & Board Cost$6,660$6,660
Total Tuition & Fees$11,135$11,135

For students pursuing undergraduate courses at Lake Region State College, the tuition and fees are estimated to be $4,655 per year. Alongside that, they will likewise need to shell out around $6,810 toward their room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $16,275 per year, based on the available data.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019N/A
Undergraduate2018 - 2019$150

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Lake Region State College varies for graduate and undergraduate courses. At LRSC, the cost per credit hour for graduate courses is $35. At present, Lake Region State College also offers various online programs to students across as many as 15 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$6,660$6,660
Other Expense$3,750$3,750
Book & Supplies$1,000$1,000

As far as the housing and related charges are concerned, these expenses remain the same for both on-campus or off-campus candidates at LRSC. To note, students have to pay $10,620 per year toward these facilities. On the other hand, the room and board charges that the students have to pay total around $6,810 per year. In addition to that, the candidates will have to pay an amount of about $1,000 for books and supplies. Furthermore, the other expenses that the students should plan for come to around $3,810.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$6,660

Off Campus

$6,660

Housing & Other Expenses

Other Expenses

On Campus

$3,750

Off Campus

$3,750

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

As far as the housing and related charges are concerned, these expenses remain the same for both on-campus or off-campus candidates at LRSC. To note, students have to pay $10,620 per year toward these facilities. On the other hand, the room and board charges that the students have to pay total around $6,810 per year. In addition to that, the candidates will have to pay an amount of about $1,000 for books and supplies. Furthermore, the other expenses that the students should plan for come to around $3,810.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Associate $8,940 $149

Lake Region State College (LRSC) offers 6 online programs across 5 Majors.

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Lake Region State College is around $81,958 as per official data. To note, the total expenses for undergraduate students stood at $9,648 for 2018-2019, $9,410 for 2017-2018, and $9,452 for 2016-2017.

Explore Programs by Major

Business ManagementArtsScienceAccountingApplied Science

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