Cost varies significantly by family income. Use the breakdown below to estimate your net price.
Cost Calculator
What You'll Pay at Lake Erie College
Select your family income to see your estimated cost
The Cost Formula
Tuition
$38K
+
Room
$13K
+
Books
$1,220
=
Sticker Price
$50,790
$38K+$13K+$1,220=$50,790
Your Family Income
Sticker
$50,790
−
Your Aid
$32,242
=
Net Price
$18,548
All Income Levels
Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
Lake Erie College Cost of Attendance and Financial Aid Summary
Cost Category
Amount
Total Cost of Attendance (Sticker Price)
$50,790
Tuition and Fees
$37,634
Room and Board
$13,036
Books and Supplies
$1,220
Average Financial Aid (Grants and Scholarships)
-$29,829
Average Net Price (What Families Pay)
$20,961
Lake Erie College Net Price by Family Income Level
Family Income
Net Price
$0–30k
$20,195
$30–48k
$19,575
$48–75k
$18,548
$75–110k
$23,205
$110k+
$22,370
Understanding Your Aid Package
Lake Erie College has a sticker price of $50,790 per year, but most students pay significantly less after financial aid. The actual cost depends heavily on your family's income level.
Key Facts
Sticker price: $50,790/year
Average aid: $29,829 in grants & scholarships
$48–75K families pay: ~$18,548/year
Low-income families: Pay ~$20,195/year
37% of students receive Pell Grants
Financial Aid Profile
💰
37%
Pell Grant Recipients
Lower-income students receiving federal aid
🎓
33%
First-Generation Students
Parents without bachelor's degree
Get personalized cost estimates and assess whether borrowing makes sense.
How much students borrow and whether debt is manageable given outcomes.
Typical Debt
Median Student Debt$26,000
Range (25th–75th)$7,500 – $27,000
Median Parent PLUS Loans$26,022
Debt Manageability
0.45x
Debt-to-Earnings Ratio
Debt is well below typical first-year earnings — generally considered very manageable.
3-Year Default Rate0.0%
Return on Investment
How cost compares to graduate earnings and value added.
Median Earnings (10yr)
$50,417
Earnings Growth
+15%
6 → 10 years post-graduation
Value Added
+$-4,183
40th percentile among peers
Earnings Range (10yr post-graduation)
$34,818
25th %ile
$69,879
75th %ile
Frequently Asked Questions about Lake Erie College Cost & Financial Aid
Lake Erie College's published tuition is $50,790 per year. However, after financial aid, the average student pays $18,548—a difference of $32,242.
Families earning under $30,000 pay an average net price of $20,195 at Lake Erie College. 37% of students receive Pell Grants.
Lake Erie College offers merit-based scholarships for academic achievement, in addition to need-based financial aid. Contact the financial aid office for specific scholarship opportunities.
The median debt for Lake Erie College graduates is $26,000, resulting in estimated monthly payments of $276 over 10 years.
Even families earning over $110,000 pay an average net price of $22,370 at Lake Erie College—still $28,420 less than the sticker price. Most families qualify for some form of aid.
