Student Budget for 2024-2025
The cost of attending LSC will vary depending on many factors, including the student’s residency, program of study, financial aid eligibility, scholarships, and living arrangements.
LSC posts current tuition and fee information on its web site. In addition, LSC has a net price calculator that can help students estimate their cost of attendance. The calculator provides standard information in a format required by the U.S. Department of Education.
LSC Tuition and Fees
Minnesota Residents Tuition and Fees*
Non-residents and other Fee Information*
LSC Net Price Calculator
*Starting Fall 2018, LSC will charge the same rates regardless of a student’s state of residence. Non-Minnesota residents will pay the same tuition rates as Minnesota residents.
| Item | Full Time | 3/4 Time | 1/2 Time | < 1/2 Time |
|---|---|---|---|---|
| Tuition & Fees | $5,784 | $4,242 | $3,085 | $1,929 |
| Books & Supplies | $1,500 | $1,100 | $800 | $500 |
| Housing & Food | $9,839 | $9,839 | $9,839 | — |
| Miscellaneous | $6,683 | $6,683 | $6,683 | — |
| Transportation | $2,042 | $2,042 | $2,042 | $2,042 |
| Totals | $25,848 | $23,906 | $22,449 | $4,470 |
| Item | Full Time | 3/4 Time | 1/2 Time | < 1/2 Time |
|---|---|---|---|---|
| Tuition & Fees | $6,125 | $4,492 | $3,267 | $2,042 |
| Books & Supplies | $1,500 | $1,100 | $800 | $500 |
| Housing & Food | $9,839 | $9,839 | $9,839 | — |
| Miscellaneous | $6,683 | $6,683 | $6,683 | — |
| Transportation | $1,791 | $1,791 | $1,791 | $1,791 |
| Totals | $25,938 | $23,905 | $22,380 | $4333 |
*As the majority of our out-of-state, non-reciprocity students will be online students, this budget will be used for all students listed as out-of-state, non-reciprocity.
$18,564 (housing, misc, and transportation) is based on the College Board living expense budget for 2024-2025 (low 9-month budget for Minnesota): 53% of this is housing, (of which 70% room and 30% food); 11% is transportation; 36% is miscellaneous
Information on financial aid, including grants and student loans, is available from the LSC Financial Aid office.
LSC Contact for more information:
Scott Andrews
Financial Aid Director
(218) 733-6808
Links:
LSC – Financial Aid Information
LSC – Grants and Scholarships
LSC Foundation – Scholarships
LSC – Loans
LSC Policy – Return of Title IV Funds
U.S. Department of Education – Federal Student Aid Gateway
Entrance Counseling for Student Borrowers
Exit Counseling for Student Borrowers
Rights and Responsibilities of Aid Recipients
Code of Conduct (institutional) for Education Loans
Direct Loan Disclosure Form
Private Education Loan Disclosures
Verification Requirements
Links:
Federal Student Aid – Loan Entrance Counseling
Federal Student Aid – Loan Exit Counseling
Drug-related Convictions and Financial Aid
By law, some students who have drug-related convictions under any federal or state law may be ineligible for federal student aid. In addition, a conviction for a drug-related offense during a period of enrollment for which the student was receiving federal financial aid program funds will result in the loss of eligibility for any federal student grant, loan, or work-study assistance.
Incarceration
Individuals who are incarcerated may have limited eligibility for federal financial aid.
Links:
Federal Student Aid – Students with Criminal Convictions
Drop for Non-Payment of Tuition
There are tuition payment deadlines each semester. Students who fail to pay their tuition or make satisfactory arrangements for payment of their tuition by the published deadlines will have their registrations cancelled and will not be allowed to re-register for classes until their tuition has been paid. Re-registration may not be possible if there are no longer any available seats in the desired classes.
Withdrawal from Classes
Students who officially withdraw from classes prior to the add/drop deadline are entitled to a refund of tuition and fees paid. Students who withdraw after the deadline will ordinarily not be entitled to refunds, depending on the circumstances.
Links:
Federal financial aid regulations require LSC to report students who have stopped attending classes. Reporting is accomplished through LSC’s Non-Attendance policy, under which students who fail to attend their classes or engage in academically related activities for 14 consecutive days (or less for courses less than a semester in length) will be assigned a grade of FN (failure for non-attendance). A grade of FN will compromise a student’s satisfactory academic progress and may result in the student being required to repay financial aid already received.
Links:
The LSC Store provides the ISBN (International Standard Book Number) and retail price information of required and recommended textbooks for LSC courses as soon as practicable prior to the start of each term. Most textbooks are available from the LSC Store new or used, and many are also available in electronic format. The LSC Store also has some textbooks available for rent.
To assist students, the LSC Store sponsors several used textbook buybacks by outside companies throughout the academic year as well as the option of selling used books online 24/7. To further assist students in buying and selling used textbooks, the LSC Store also sponsors online and on-campus bulletin boards, called “The Student Marketplace.”
Zero (Z) Textbook Option: Z-Degree
Lake Superior College is already the smart choice for quality and affordability. Now, earning an associate degree from LSC is more affordable than ever with the new Z-degree. Students can complete an associate degree with LSC’s affordable tuition and without any additional textbook costs.
Links:
- LSC – The LSC Store
- LSC – Z-degree
- Questions/sign up for Z-degree
