Cost increased for all Lakeland University students during 2022-23 school year

Beth Borgen President at Lakeland University
Beth Borgen President at Lakeland University
0Comments

Tuition at Lakeland University rose by 1.5% for the 2022-23 academic year, based on the institution’s most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private nonprofit university paid $31,786 this year, an increase of $470 from the $31,316 charged during the 2021-22 academic year.

Approximately 70% of the undergraduate students at the university are residents of Wisconsin, while around 30% come from other states.

Data indicates that all full-time undergraduates who began their studies at Lakeland University in 2022-23 received some form of student financial aid. Specifically, 224 students were awarded grants or scholarships totaling $5.1 million, and 211 students obtained student loans exceeding $1.5 million.

Across the entire undergraduate population, 1,039 students received grants or scholarships amounting to $17.3 million, while 1,044 students borrowed a total of $7.4 million in federal student loans.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Lakeland University in the 2022-23 school year.

Type of AidNumber of students awarded aidPercent awarded aidTotal amount of aid awardedAverage amount of aid per student
Federal grants9241%$523,636$5,692
State / local grant or scholarship9342%$342,614$3,684
Institutional grants or scholarships224100%$4.3 million$19,038
Grant or scholarship aid total224100%$5.1 million$22,905
Federal student loans21194%$1 million$4,964
Other student loans2913%$406,500$14,017
Student loan aid21194%$1.5 million$6,891
Total student aid224100%$6.6 million$29,395
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



Related

Jon Hess, Howards Grove High School Principal

This May’s school events in East Central Wisconsin

The following events are scheduled to take place in East Central Wisconsin this month.

Sheboygan Area School District Superintendent Seth Harvatine (2023)

Three Sheboygan Area School District staff win Excellence in Education Awards

Three staff members from the Sheboygan Area School District have been named winners of the Excellence in Education Awards. They will be honored at an upcoming ceremony recognizing exceptional educators across local districts.

Sheboygan Area School District Superintendent Seth Harvatine (2023)

Sheboygan Area School District announces open house before Urban Middle School construction

The Sheboygan Area School District has scheduled an open house at Urban Middle School ahead of major construction projects funded by a recent referendum. Work is set to begin after this school year with completion targeted for August 2028.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from EC Wisconsin News.