Cost Details
- In-State Tuition
- $5,265
- Out-of-State Tuition
- $7,500
- Average Net Price
- $11,209
- Students Receiving Financial Aid
- 17.9%
- Room & Board (On Campus)
- $7,680
- Room & Board (Off Campus)
- $9,184
- Books & Supplies
- $1,934
- Total Cost of Attendance
- $14,879
- Median Debt at Graduation
- $9,000
- Estimated Monthly Loan Payment
- $95/mo
- Loan Repayment Rate
- 29.4%
- Students Taking Federal Loans
- 17.1%
- Pell Grant Recipients
- 17.9%
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 | $8,727 |
| $30,001 – $48,000 | $10,755 |
| $48,001 – $75,000 | $13,554 |
| $75,001 – $110,000 | $14,960 |
| $110,001+ | $16,137 |
Cost Estimator
Cost Overview
Families earning under $30,000 pay just $8,727 annually at Lake Michigan College, while those making over $110,000 face $16,137. The average net price sits at $11,209 per year. Since this is a two-year program, total costs range from $17,454 to $32,274 depending on family income.
Graduates typically carry $9,000 in debt with monthly payments around $95. That's manageable against median earnings of $34,466 ten years out. The 29.38% loan repayment rate suggests many students struggle financially after graduation. Only 17.85% of students receive federal aid, indicating most families handle costs without borrowing heavily.
Low-income students get the strongest value here, paying roughly half what wealthy families do. The college keeps expenses reasonable for a Michigan community college, though earning outcomes remain modest compared to four-year institutions.
Graduates typically carry $9,000 in debt with monthly payments around $95. That's manageable against median earnings of $34,466 ten years out. The 29.38% loan repayment rate suggests many students struggle financially after graduation. Only 17.85% of students receive federal aid, indicating most families handle costs without borrowing heavily.
Low-income students get the strongest value here, paying roughly half what wealthy families do. The college keeps expenses reasonable for a Michigan community college, though earning outcomes remain modest compared to four-year institutions.
Official Net Price Calculator
Get a personalized cost estimate from Lake Michigan College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.