Lake Area Technical Institute: Tuition & Loans

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Tuition and fees per year
$6,200
Average tuition prices at Lake Area Technical Institute are very low, about $3,600 a year. The additional fees at Lake Area Technical Institute (not included in tuition costs) are roughly $2,600; this makes it a total of $6,200 per year.

The chart below shows Lake Area Technical Institute tuition costs and additional fees compared to the competing and nearby colleges:

Anunual Tuition and Fees in Lake Area Technical Institute and Competing Colleges

Lake Area Technical Institute Tuition Comparison Chart

Books and Supplies

The average cost of books and additional supplies required to study at Lake Area Technical Institute is $1,150 a year; which is a reasonable price if compared to other colleges in South Dakota.

FAFSA Application

FAFSA Code
2015-2016
005309
If you are planning to file your FAFSA application for Federal Student Aid, the school code for Lake Area Technical Institute is 005309. Please verify this code before using it with your FAFSA application.

Federal Student Aid is an office of the US Department of Education, which provides financial aid to eligible students. To meet minimum eligibility requirements you will need to have a valid Social Security number and high school diploma or GED certificate.

Repaying Your School Loans

Repayment
Failure Rate
6%
The government reported that the median federal student loan amount for Lake Area Technical Institute is approximately $5,200.

At the same time, 5.80% of the recent Lake Area Technical Institute graduates have failed to maintain their federal student loan repayments in 2012

This rate of loan repayment defaults (5.80%) is low and might lead to a conclusion that Lake Area Technical Institute graduates have very good career perspectives.

Learn More About Lake Area Technical Institute

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