The cost of attendance in Canada for international students is approximately around 10,680 CAD, excluding tuition fees, which vary depending on programme, and Lakeland offers numerous financial aid options for students ranging from 500 CAD to 2,500 CAD in the form of scholarships, loans, grants, and bursaries.

Lakeland's housing facilities are convenient, full of opportunities, secure, and more than just a bed and a workstation. Living on campus is an excellent way to study in Canada, grow, and maximise your college experience. Both campuses have unique residential sections. The Lloydminster dorms are only a few minutes' walk from the main campus. And Bud Miller Park is only a short distance away. Lloydminster Residence Village has two types of units: Spinwheel for single students and Townhouses for families. On-campus accommodation costs about $11,776 on average.

The university has a total of 5143 students enrolled. Lakehead University is home to over 1,500 international students from over 70 countries. Lakehead University is a popular institution with an acceptance rate of 82 percent and a lightly selective admission policy.

Campus life is another aspect of a student's life. Campus life, among other things, allows students to interact with people, discover life and places, and be in a pleasant environment. Lakeland College has nearly 7000 students on campus. Around 500 students study in seven specialties at the Lloydminster campus. Lakeland College has two libraries, one on each of its campuses: Vermillion and Lloydminster. Every library also has a book collection, a Circulation/Service desk for signing out books and asking research questions, individual and group study areas, and a computer lab. Lloydminster students have access to a weight room and a gymnasium. The Bud Miller All Seasons Park is near Lakeland College's Lloydminster campus.

Lakehead's Faculty of Business Administration earns AACSB accreditation. 

The Lakeland Student Jobs Centre connects students with possible businesses and helps them find employment in Canada. The school also holds one-on-one career fairs for students to help them find suitable employment. Trace associates, Impres, Richardson pioneer, and G-agteam mac's are some of the companies that hire Lakeland University students. In Canada, the average annual pay for Lakehead University employees is C$66992.