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
$15K
+
Room
$11K
+
Books
$2,000
=
Sticker Price
$27,154
$15K+$11K+$2,000=$27,154
Your Family Income
Sticker
$27,154
−
Your Aid
$16,732
=
Net Price
$10,422
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)
$27,154
Tuition and Fees
$14,890
Room and Board
$11,459
Books and Supplies
$2,000
Average Financial Aid (Grants and Scholarships)
-$14,332
Average Net Price (What Families Pay)
$12,822
Lake Superior State University Net Price by Family Income Level
Family Income
Net Price
$0–30k
$3,516
$30–48k
$9,226
$48–75k
$10,422
$75–110k
$14,541
$110k+
$20,321
Understanding Your Aid Package
Lake Superior State University has a sticker price of $27,154 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: $27,154/year
Average aid: $14,332 in grants & scholarships
$48–75K families pay: ~$10,422/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$23,414
Debt Manageability
0.41x
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
Earnings Growth
+15%
6 → 10 years post-graduation
Value Added
+$3,042
70th 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 $27,154 per year. However, after financial aid, the average student pays $10,422—a difference of $16,732.
Lake Superior State University is nearly free for low-income families. Students from families earning under $30,000 pay an average of just $3,516 per year.
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 $20,321 at Lake—still $6,833 less than the sticker price. Most families qualify for some form of aid.
