Lake Superior State University Cost & Financial Aid
Affordability Summary
Despite a high sticker price, this school is affordable for many families due to generous need-based aid. Strong support for lower-income students.
Cost Calculator
What You'll Pay at Lake Superior State University
Select your family income to see your estimated cost
The Cost Formula
Tuition
$14K
+
Room
$11K
+
Books
$2,000
=
Sticker Price
$25,757
$14K+$11K+$2,000=$25,757
Your Family Income
Sticker
$25,757
−
Your Aid
$12,895
=
Net Price
$12,862
All Income Levels
Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
Lake Superior State University Cost of Attendance and Financial Aid Summary
Cost Category
Amount
Total Cost of Attendance (Sticker Price)
$25,757
Tuition and Fees
$14,266
Room and Board
$11,207
Books and Supplies
$2,000
Average Financial Aid (Grants and Scholarships)
-$11,389
Average Net Price (What Families Pay)
$14,368
Lake Superior State University Net Price by Family Income Level
Family Income
Net Price
$0–30k
$9,949
$30–48k
$8,477
$48–75k
$12,862
$75–110k
$18,261
$110k+
$20,766
Understanding Your Aid Package
Lake Superior State University has a sticker price of $25,757 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: $25,757/year
Average aid: $11,389 in grants & scholarships
$48–75K families pay: ~$12,862/year
Student Debt & Repayment
How much students borrow and whether debt is manageable given outcomes.
Typical Debt
Median Student Debt$23,250
Range (25th–75th)$5,500 – $27,000
Median Parent PLUS Loans$16,873
Debt Manageability
0.47x
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)
$49,045
vs $46,674 peer avg(+$2,371)
Earnings Growth
+15%
6 → 10 years post-graduation
Value Added
+$3,277
71th percentile among peers
Earnings Range (10yr post-graduation)
$31,520
25th %ile
$68,652
75th %ile
Frequently Asked Questions about Lake Superior State University Cost & Financial Aid
Lake Superior State University's published tuition is $25,757 per year. However, after financial aid, the average student pays $12,862—a difference of $12,895.
Families earning under $30,000 pay an average net price of $9,949 at Lake Superior State University. 29% of students receive Pell Grants.
Lake Superior State University 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 graduates is $23,250, resulting in estimated monthly payments of $246 over 10 years.
Even families earning over $110,000 pay an average net price of $20,766 at Lake—still $4,991 less than the sticker price. Most families qualify for some form of aid.
