Financial Aid
A complete look at tuition, net price, and financial aid options at Lake Area Technical College in Watertown, SD.
What Does It Cost to Attend Lake Area Technical College?
In-State Tuition and Fees
$6,718
Out-of-State Tuition and Fees
$6,718
Average Net Price
$13,551
Price Difference
-$6,833
Avg. financial aid
How Lake Area Technical College Compares
Lake Area Technical College's $6,718 sits above the typical $3,000–$6,000 starting range for trade colleges. This often reflects longer programs, more specialized equipment, or private rather than public status — review what the price buys before comparing to lower-cost competitors.
What Are the Tuition & Fees at Lake Area Technical College?
Annual published tuition and required fees for residents of SD
Annual published tuition and required fees for non-residents
Average amount students pay after grants and scholarships
Lake Area Technical College charges $6,718 annually for in-state students in SD. After accounting for financial aid, the net price averages $13,551.
What Is the Net Price by Family Income at Lake Area Technical College? (2023-24)
Students from families earning under $30,000 pay an average net price of $11,193 at Lake Area Technical College. Costs scale with family income.
$0 - $30,000
$11,193
$30,001 - $48,000
$12,971
$48,001 - $75,000
$14,129
$75,001 - $110,000
$18,118
Over $110,000
$18,230
What Financial Aid Is Available at Lake Area Technical College? (2023-24)
Lake Area Technical College provides grant or scholarship assistance to 57% of its first-time students with awards averaging $6,014. Details on federal, state, and institutional aid follow.
Students Receiving Any Financial Aid
547 of 599 students
Grants & Scholarships
Recipients
339 (57%)
Average Award
$6,014
Federal Pell Grants
Recipients
203 (34%)
Average Award
$5,444
Aid by Source
State & Local Grants
60 recipients (10%)
$3,099 avg
Institutional Grants
149 recipients (25%)
$4,714 avg
What Are the Student Loan Numbers at Lake Area Technical College? (2023-24)
With 57% of students borrowing federal loans (averaging $5,870), understanding your loan options at Lake Area Technical College is a key part of financial planning.
Total Borrowers
1,250
57% of students
Average Loan Amount
$5,870
Financial Aid Resources
Net Price Calculator
Estimate your actual cost after financial aid
Financial Aid Office
Learn about available aid programs and apply
FAFSA Information
Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.
Apply for FAFSA →Payment Plans Available
Paying for school doesn't have to happen all at once. Lake Area Technical College and similar institutions often provide flexible payment arrangements, including:
- Monthly payment plans
- Deferred payment options
- Employer tuition assistance programs
Quick Links
Need Help?
Contact the financial aid office for personalized assistance with:
- Scholarship opportunities
- Grant eligibility
- Work-study programs
- Payment plan options
Phone
6058825284Federal School Codes
Use these codes when applying for federal financial aid