Nursing Student Loan - This loan is available for students majoring in Nursing. The maximum amount for the academic year is $2,000. Interest is 5% and begins to accrue nine months after a student graduates, withdraws, drops below half-time status, or changes majors.
North Dakota University System – NDUS has many financial aid programs, grants, scholarships and state reciprocity agreements to help students lower, or in some cases, pay for the cost of education.
Tribal - Native American Students enrolled in a federally recognized tribe should contact their local tribal agency concerning eligibility and awarding of Bureau of Indian Affairs' funds.
North Dakota National Guard - Any active North Dakota National Guardsman presently serving in either the Army Guard or the Air Guard may have a large percentage of the tuition fee per academic year waived. For information of eligibility requirements, contact your local National Guard unit or the Office of Adjutant General, ATTN: MPO, P.O. Box 5511, Bismarck, ND 58506-5511
Veterans Administration (VA) Benefits - Veterans may be able to receive special educational assistance. Benefits have also been extended to children, wives, and widows of deceased or permanently and totally disabled veterans. The Student Services Office can assist with VA related questions or problems. Applications and more information can also be obtained from any Veterans Administration Regional Office
Vocational Rehabilitation - Students with physical limitations or health problems may be entitled to certain benefits such as tuition, fees, and textbook reimbursement. Interested students should communicate with the Division of Vocational Rehabilitation at the nearest district or regional office.
Waivers - A limited number of waivers are available annually to help pay your tuition.
- Lake Region State College Cultural Diversity Waivers
- Nonresident Scholars' Waivers
- International Student Waivers
Non-Institutional Scholarships - Many outside agencies and sources offer financial assistance to students. The Internet, high school counselors, and most libraries are excellent resources to search for scholarship opportunities. Search scholarships at Fastweb
Stay in North Dakota - Incentives are available to students enrolled in several programs including Technology, Nursing, Sign Language, and Education. The incentives may be in the form of grants or loan forgiveness. For more information, contact the Financial Aid Office.
Student Loan Repayment Programs - With the CARS (College Annual Repayment Stipend) and PLOW (Post-secondary Loan Obligation Write-down) student loan repayment programs, students will have the opportunity to have up to $20,000 of their student loans paid for them.
Alternative Loans - Designed to assist students with educational costs after all other financial aid programs are utilized. Interest charges on these loans vary depending upon the lender and the loan type. Students need to be credit worthy borrowers and often times need a co-signor for the loan. The minimum loan a student can borrow is $500 per academic year. Students may select the alternative loan program they wish to use and will need to complete a separate application with the lender. LRSC, through FAST Choice, offers a Historical Lender List that includes lender we have worked with in the past. You may choose a lender that is not on the list.
College SAVE 529 Plan - a tax-advantaged education savings program established by the State of North Dakota acting through the Bank of North Dakota ("BND") that can help you meet the challenges of saving and investing for the costs of higher education.
Federal Tax Benefits for Tuition and Fees - Information on eligibility criteria and tax guidelines for https://www.irs.gov/help/ita/am-i-eligible-to-claim-an-education-credit
Workforce Investment Act (WIA) - Through the Workforce Investment Act, Job Service North Dakota provides an array of services to assist individuals in meeting their employment goals. A variety of job search assistance services are available to all individuals. Expanded services, such as funds for relocation or training, are available to qualifying individuals. Contact a local North Dakota Job Service office to apply for funds that may cover tuition, fees, books, and supplies. For best consideration application should be made 6 months prior to enrollment.