Lake-Sumter State College

In 2010, tuition for full-time students at Lake Sumter State College was $3,292 a year for in-state students and $13,276 a year for out-of-state students.

Usually, college tuition rises about 3% year.

Remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is far less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theprice of collegemore manageable until after graduation.

First-year students that attend Lake-Sumter State College full-time are awarded $2,839 a year in financial aid, on average.

Does Lake-Sumter State College Offer In-State and Out-of-State Tuition?

Lake-Sumter State College is a public, state institution, so it offers a reduced tuition rate of $3,292 for in-state students who attend full-time.

Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for those who qualify as Florida residents.

Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Be sure to confirm your state's criteria for as an in-state resident. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on the state you and your parents currently reside in.

Explore other Florida colleges

Is Lake-Sumter State College's Tuition Different for International Students?

Lake-Sumter State College has the same tuition for international students as for those from out of state.

Students from outside of the U.S. are not eligible for federal financial aid, but may be eligible for private or Lake-Sumter State College-specific aid and scholarships.

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Lake-Sumter State College Room, Board, Fees, and More

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Tuition is not the only cost of attending college; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Lake-Sumter State College.

House and Food Costs at Lake-Sumter State College

Lake-Sumter State College doesn't offer on-campus housing for students, so there is no cost for housing, however students should consider the cost of off-campus housing when looking at the actual cost of different colleges.

Meal-plan costs vary based on on how many meals are included in the plan you choose.

Cost of Books at Lake-Sumter State College

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer ways for students who may struggle to participate because of cost can get help covering these fees.

The Cost of Transportation at Lake-Sumter State College

The total cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own a car, or will you need to use public transportation? All of these factors can drastically impact your estimated cost of transportation.

The location of a college or university can impact the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in an urban area might be expensive, but there may be more buses, trains or low-cost flight options to actually get to school. Lake-Sumter State Collegeis in a suburb in Florida, near Orlando.

Other Costs

When estimating your budget for college, be sure to factor in personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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Financial Breakdown for Lake-Sumter State College

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Now, let’s look at the breakdown of all expenses, to get a better estimate of the actual cost of attending Lake-Sumter State College.

Total Cost of Lake-Sumter State College

What will the cost of attending Lake-Sumter State College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$3,292
Out-of-State Tuition	$13,276

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Lake-Sumter State College Financial Aid

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In 2023, 420 of the 4,760 undergrads enrolled received financial aid.

The average financial aid package for a full-time, first-year student is around $2,839 a year.

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Lake-Sumter State College financial aid, keep reading, or visit their financial aid website.

Scholarships at Lake-Sumter State College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Lake-Sumter State College awarded 420 need-based scholarships to students, giving away total of $2.2 million to help students with financial need cover the cost of school. An additional $1.06 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Lake-Sumter State College Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Lake-Sumter State College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Lake-Sumter State College was $2,839 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Lake-Sumter State College seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$214
Net In-state, Off-campus	$6,255
Out-of-State, On-Campus	$13,037

What will attending Lake-Sumter State College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Lake-Sumter State College's net cost calculator on their website.

Lake-Sumter State College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Lake Sumter State College Tuition Waivers

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Lake-Sumter State College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2010, the total market value of Lake-Sumter State College's endowment was $3.9 million. The average college endowment was $905 million in 2021.

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Learn More About Lake-Sumter State College

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