Lake Michigan College

In 2010, tuition for full-time Lake Michigan College students was $8,000 a year for in-state students and $11,008 a year for out-of-state students.

On average, colleges raise tuition about 3% each year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay much less than the sticker price after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theactual cost of attending college more manageable until you're done with college.

Tuition for international students at Lake Michigan College is $11,008 per year.

For information on Lake Michigan College's financial aid options for first-year students, check with the school directly.

In-state vs. Out-of-state Tuition at Lake Michigan College

Lake Michigan College is a public institution, so it offers a reduced tuition rate of $8,000 for in-state students who attend full-time.Non-Michigan residents can expect to pay 11,008 per year for tuition.

Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for those who qualify as Michigan residents.

Attending a school where you are eligible for in-state tuition can drastically reduce the cost of tuition, as well as loans and interest owed. Don't forget to verify your state's guidelines for how to qualify for in-state residency. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on where you live.

Explore other Michigan colleges

Is Lake Michigan College's Tuition Different for International Students?

Lake Michigan College has the same tuition for international students as for those from out of state.

International students at Lake Michigan College usually pay around $11,008 per year, before any scholarships, grants or other financial aid.

Students from outside of the U.S. are not eligible for federal financial aid, but may qualify for private or Lake Michigan College-specific grants, scholarships, and other funding opportunities.

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

---

Lake Michigan College Room, Board, Fees, and More

---

In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Lake Michigan College.

House and Food Costs at Lake Michigan College

Board costs may vary depending on how many meals are included in the plan you choose.

How Much Do Books Cost at Lake Michigan College?

The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

Keep in mind, there could also be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer resources so that those with financial need to get help covering these costs.

Planes, Trains, and Automobiles: Transportation costs at Lake Michigan College

The cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. At Lake Michigan College, freshman are allowed to park on campus.

Where are a college is located can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area might be expensive, but there may be more trains, busses or low-cost flight options to actually get to school. Lake Michigan Collegeis in a town in Michigan.

Other Costs

When estimating your budget for college, don’t forget to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

---

Financial Breakdown for Lake Michigan College

---

Now, let’s do a rundown of all of the costs associated with college, to get a better idea of what is really costs to go to Lake Michigan College.

Total Cost of Lake Michigan College

What will the cost of attending Lake Michigan College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$8,000
Out-of-State Tuition	$11,008

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

---

Lake Michigan College Financial Aid

---

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Lake Michigan College financial aid, keep reading, or visit their financial aid website.

Scholarships at Lake Michigan College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

Net Cost of Lake Michigan College

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Lake Michigan College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Lake Michigan College seem more manageable.

What will attending Lake Michigan College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Lake Michigan College's net cost calculator on their website.

Lake Michigan College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Lake Michigan College does not have guaranteed tuition.

Lake Michigan College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Lake Michigan College Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Lake Michigan College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Lake Michigan College's endowment was valued at $6.4 million in 2023, compared to a national average of $905 million. For each full-time student, Lake Michigan College spends about $4,368 a year.

---

Learn More About Lake Michigan College

---

To learn more about Lake Michigan College, choose from the options below:

Overview

Student Life

Academics

Admissions

Connect with other students, parents, and admissions professionals to learn more about about Lake Michigan College in the College Confidential forums