Cost Details
- In-State Tuition
- $36,032
- Out-of-State Tuition
- $36,032
- Average Net Price
- $21,296
- Students Receiving Financial Aid
- 29.0%
- Room & Board (On Campus)
- $11,592
- Room & Board (Off Campus)
- $17,520
- Books & Supplies
- $1,220
- Total Cost of Attendance
- $48,844
- Median Debt at Graduation
- $26,000
- Estimated Monthly Loan Payment
- $276/mo
- Loan Repayment Rate
- 63.8%
- Students Taking Federal Loans
- 57.6%
- Pell Grant Recipients
- 29.0%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $17,958 |
| $30,001 – $48,000 | $19,969 |
| $48,001 – $75,000 | $18,863 |
| $75,001 – $110,000 | $24,170 |
| $110,001+ | $24,353 |
Cost Estimator
Cost Overview
Families typically pay around $21,296 annually after financial aid at Lake Erie College, making the four-year cost roughly $85,184. Lower-income families get the best breaks, with those earning under $30,000 paying just $17,958 per year. Even middle-class families earning $48,000-$75,000 pay only $18,863 annually. Higher earners see costs jump to around $24,000 per year.
Graduates leave with a median debt of $26,000, translating to monthly payments of $276. This debt load becomes manageable when compared to median earnings of $50,417 ten years out. The college distributes $25,417 in average institutional grants to 27% of students. With 57% of students taking federal loans and a 64% loan repayment rate, the financial picture shows typical liberal arts college challenges.
Students from lower-income backgrounds get the strongest financial support here, often paying less than community college costs while accessing Lake Erie's signature equestrian programs and 12:1 student-faculty ratio.
Graduates leave with a median debt of $26,000, translating to monthly payments of $276. This debt load becomes manageable when compared to median earnings of $50,417 ten years out. The college distributes $25,417 in average institutional grants to 27% of students. With 57% of students taking federal loans and a 64% loan repayment rate, the financial picture shows typical liberal arts college challenges.
Students from lower-income backgrounds get the strongest financial support here, often paying less than community college costs while accessing Lake Erie's signature equestrian programs and 12:1 student-faculty ratio.
Official Net Price Calculator
Get a personalized cost estimate from Lake Erie College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.