Financial Aid

A complete look at tuition, net price, and financial aid options at Lake Area Technical College in Watertown, SD.

Watertown, SD

In-State Tuition

$3,720

Out-of-State Tuition

$3,720

Average Net Price

$12,554

Price Difference

-$8,834

Avg. financial aid

Tuition & Fees

In-State Students $3,720

Annual tuition for residents of SD

Out-of-State Students $3,720

Annual tuition for non-residents

Average Net Price $12,554

Average amount students pay after grants and scholarships

Tuition at Lake Area Technical College runs $3,720 annually — an accessible price point for many students. Financial aid brings the average net price down to $12,554.

Net Price by Family Income

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

Financial Aid Overview

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

91%

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

Student Loans

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

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

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