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
$12,554
Price Difference
-$5,836
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 $12,554.
What Is the Net Price by Family Income at Lake Area Technical College? (2022-23)
Students from families earning under $30,000 pay an average net price of $10,281 at Lake Area Technical College. Costs scale with family income.
$0 - $30,000
$10,281
$30,001 - $48,000
$11,773
$48,001 - $75,000
$14,034
$75,001 - $110,000
$16,925
Over $110,000
$17,310
What Financial Aid Is Available at Lake Area Technical College? (2022-23)
Lake Area Technical College provides grant or scholarship assistance to 57% of its first-time students with awards averaging $5,615. Details on federal, state, and institutional aid follow.
Students Receiving Any Financial Aid
548 of 604 students
Grants & Scholarships
Recipients
342 (57%)
Average Award
$5,615
Federal Pell Grants
Recipients
207 (34%)
Average Award
$5,133
Aid by Source
State & Local Grants
73 recipients (12%)
$2,955 avg
Institutional Grants
170 recipients (28%)
$3,549 avg
What Are the Student Loan Numbers at Lake Area Technical College? (2022-23)
With 59% of students borrowing federal loans (averaging $5,854), understanding your loan options at Lake Area Technical College is a key part of financial planning.
Total Borrowers
1,327
59% of students
Average Loan Amount
$5,854
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