Lakes Region Community College maintained the same in-state tuition fees for the 2022-23 academic year, as revealed in the most recent data release, according to the latest disclosure from the National Center for Education Statistics.
Residents of New Hampshire paid $6,720 to attend the two-year public college in both the 2021-22 and 2022-23 academic years.
Out-of-state students were charged $14,970 for the 2022-23 school year, which is 122.8% higher than the in-state rate. This amount remained unchanged from the previous year.
Approximately 93% of the undergraduate student body at the college are New Hampshire residents, while about 7% come from other states.
Financial aid was awarded to 86% of full-time undergraduates who enrolled in the 2022-23 academic year. Among them, 69 students received grants or scholarships totaling $368,968, and 53 students secured student loans exceeding $324,508.
Across the entire undergraduate population, 282 students were granted scholarships or grants amounting to $1.8 million. Additionally, 205 students obtained $1.2 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.
The following data includes only full-time students who began an undergraduate program at the Lakes Region Community College in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 40 | 36% | $263,920 | $6,598 |
| State / local grant or scholarship | 39 | 35% | $89,450 | $2,294 |
| Institutional grants or scholarships | 33 | 30% | $15,598 | $473 |
| Grant or scholarship aid total | 69 | 62% | $368,968 | $5,347 |
| Federal student loans | 52 | 47% | $271,772 | $5,226 |
| Other student loans | 6 | 5% | $52,736 | $8,789 |
| Student loan aid | 53 | 48% | $324,508 | $6,123 |
| Total student aid | 96 | 86% | $693,476 | $7,223 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
