Financial Aid

How much does Lake Area Technical College cost? Here's everything you need to know about tuition, grants, scholarships, and loans.

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?

In-State Students $6,718

Annual published tuition and required fees for residents of SD

Out-of-State Students $6,718

Annual published tuition and required fees for non-residents

Average Net Price $13,551

Average amount students pay after grants and scholarships

In-state students at Lake Area Technical College pay $6,718 per year in tuition and fees. For those who qualify for aid, the average net price is $13,551 — a meaningful reduction.

What Is the Net Price by Family Income at Lake Area Technical College? (2023-24)

The net price at Lake Area Technical College ranges from $11,193 for the lowest-income families upward. Understanding these brackets helps with financial planning.

$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

91%

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)

At Lake Area Technical College, 57% of students use federal loans to fund their education. The average amount borrowed is $5,870. Consider all aid options before borrowing.

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

Students at Lake Area Technical College can often access payment flexibility beyond traditional loans. Contact the school to learn about options including:

  • Monthly payment plans
  • Deferred payment options
  • Employer tuition assistance programs

Need Help?

Contact the financial aid office for personalized assistance with:

  • Scholarship opportunities
  • Grant eligibility
  • Work-study programs
  • Payment plan options

Federal School Codes

OPE ID: 00530900
IPEDS ID: 219143

Use these codes when applying for federal financial aid

0 of 3
+ Add school+ Add school+ Add school
Compare Now