Lake Superior State University

www.lssu.edu

2024 Undergraduate Tuition

$14,592

4.47% growth from 2023

2024 Average Net Price

$12,339

After Financial Aid

2023 Default Rate

0.251%

on Student Loans

2023 Acceptance Rate

68%

2,473 Applicants

2024 Enrolled Students

1,567

74.3% Full-Time

2024 Graduation Rate

50%

186 Graduates

Costs

In 2024, the median undergraduate tuition at Lake Superior State University is $14,592, which is $13,586 less than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $12,339.

In 2024, 67% of undergraduate students attending Lake Superior State University received financial aid through grants. Comparatively, 37% of undergraduate students received financial aid through loans.

Tuition Costs

$14,592

2024 Undergraduate Tuition

In 2024, the cost of tuition at Lake Superior State University was $14,592. The cost of tuition at Lake Superior State University is $−13,586 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

This chart compares the tuition costs of Lake Superior State University (in red) with those of other similar universities.

Average Net Price

$12,339

2024 Value

14%

1 Year Growth

In 2024 Lake Superior State University had an average net price — the price paid after factoring in grants and loans — of $12,339. Between 2023 and 2024, the average net price of Lake Superior State University grew by 14%.

This chart compares the average net price of Lake Superior State University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$10,169

Room and Board

$2,000

Books and Supplies

The average yearly cost of room and board at Lake Superior State University was of $10,169 in 2024. The cost of room and board increased by 5.83% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $2,000. The cost of books and supplies increased by 122% during the same period.

This chart compares the average student costs at Lake Superior State University (in red) with that of similar universities.

Financial Aid by Income Level

67%

Undergraduates Receiving Financial Aid through Grants

37%

Undergraduates Receiving Financial Aid through Loans

67% of undergraduate students at Lake Superior State University received financial aid through grants or loans in 2024. This represents a growth of 0% with respect to 2023, when 67% of undergraduate students received financial aid.

This chart compares the average award discount at Lake Superior State University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.251%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Lake Superior State University was 0.251%, which represents 1 out of the 398 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Lake Superior State University had a total enrollment of 1,567 students in 2024. The full-time enrollment at Lake Superior State University is 1,165 students and the part-time enrollment is 402. This means that 74.3% of students enrolled at Lake Superior State University are enrolled full-time.

The enrolled student population at Lake Superior State University, both undergraduate and graduate, is 70.5% White, 7.15% American Indian or Alaska Native, 5.55% Two or More Races, 2.62% Black or African American, 1.98% Hispanic or Latino, 1.02% Asian, and 0.255% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lake Superior State University in full-time Undergraduate programs are most commonly White Female (37.2%), followed by White Male (34.3%) and American Indian or Alaska Native Female (3.57%).

Full-Time vs Part-Time Enrollment

74.3%

Full-Time Enrollment

The total enrollment at Lake Superior State University in 2024, both undergraduate and graduate, is 1,567 students. The full-time enrollment at Lake Superior State University is 1,165 and the part-time enrollment is 402. This means that 74.3% of students enrolled at Lake Superior State University are enrolled full-time compared with 78.9% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Lake Superior State University (in red) compares to similar universities.

Retention Rate over Time

79%

2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Lake Superior State University was 79%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Lake Superior State University had a retention rate higher than its peers.

This chart shows the retention rate over time at Lake Superior State University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,105 enrolled students
American Indian or Alaska Native
112 enrolled students
Two or More Races
87 enrolled students

The enrolled student population at Lake Superior State University is 70.5% White, 7.15% American Indian or Alaska Native, 5.55% Two or More Races, 2.62% Black or African American, 1.98% Hispanic or Latino, 1.02% Asian, and 0.255% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 50.5% White, 15.6% Hispanic or Latino, and 13.2% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 61 students (3.89%) did not report their race.

Graduates

In 2024, 113 more women than men received degrees from Lake Superior State University. The most common race/ethnicity group of degree recipients at Lake Superior State University is white (391 degrees awarded). There were 14.5 times more white recipients than the next closest race/ethnicity group, american indian or alaska native (27 degrees).

The most common Associates Degree concentration at Lake Superior State University is General Studies (55 degrees awarded), followed by Criminal Justice - Law Enforcement Administration (16 degrees) and Fire Science & Fire-Fighting (12 degrees).

In 2024, the most specialized majors across all degree types at Lake Superior State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Natural Resources & Conservation (32 degrees awarded), Physical Sciences (28 degrees), and Protective Services (68 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lake Superior State University are Other managers (189,896 people), Police officers (145,089 people), Postsecondary teachers (100,237 people), Software developers (97,150 people), and Elementary & middle school teachers (84,699 people).

The most specialized majors at Lake Superior State University in 2024 are Natural Resources & Conservation (32 degrees awarded), Physical Sciences (28 degrees), Protective Services (68 degrees), Applied Sciences (2 degrees), and Parks, Recreation, & Leisure (21 degrees) (as of 2024).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake Superior State University are Surgeons, Diagnostic medical sonographers, Cardiovascular technologists and technicians, Physicians, and Nurse anesthetists

The most specialized majors at Lake Superior State University are Natural Resources & Conservation (32 degrees awarded), Physical Sciences (28 degrees), Protective Services (68 degrees), Applied Sciences (2 degrees), and Parks, Recreation, & Leisure (21 degrees) (as of 2024).

Common Industries by Major

Justice, public order, & safety activities

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lake Superior State University are Justice, public order, & safety activities (340,286 people), Elementary & secondary schools (233,540 people), Colleges, universities & professional schools, including junior colleges (232,880 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (181,410 people), and Computer Systems Design (151,694 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lake Superior State University.

Most Common (2024)

Other Marketing
4 degrees awarded
Geographic Information Science & Cartography
3 degrees awarded
Aerospace Ground Equipment Technology
2 degrees awarded

In 2024, the most common 1 to 2 year postsecondary certificate concentration at Lake Superior State University was Other Marketing with 4 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Lake Superior State University according to their major.

Sex Breakdown for Common Majors

181

Degrees Awarded to Men

in 2024

294

Degrees Awarded to Women

in 2024

In 2024, 181 degrees were awarded to men at Lake Superior State University, which is 0.616 times less than the number of degrees awarded to females (294).

This chart displays the sex disparity between the top 5 majors at Lake Superior State University by degrees awarded.

Most Common Male Majors

In 2024, 18 degrees were awarded to men at Lake Superior State University in Fire Science & Fire-Fighting, which is 6 times more than the 3 female recipients with that same degree.

Most Common Female Majors

In 2024, 49 degrees were awarded to men at Lake Superior State University in General Studies, which is 4.9 times more than the 10 male recipients with that same degree.

Time to Complete

31%

100% Completion Time

49%

150% Completion Time

In 2024, 31% of students graduating from Lake Superior State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 49% completed their degrees within 150% of the normal time, and 51% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
391 degrees awarded
American Indian or Alaska Native
27 degrees awarded
Two or More Races
15 degrees awarded

The most common race/ethnicity at Lake Superior State University is white (391 degrees awarded). There were 14.5 times more white recipients than the next closest race/ethnicity group, american indian or alaska native (27 degrees).

2.32% of degree recipients (11 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
298 degrees awarded
White Male
288 degrees awarded
White Male
279 degrees awarded

The most common race/ethnicity and sex grouping at Lake Superior State University is white female (298 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white male (288 degrees).

Operations

Lake Superior State University has an endowment valued at nearly $39.3M, as of the end of the 2024 fiscal year. The return on its endowment was of 2.25M (5.73%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Lake Superior State University had a total salary expenditure of 50.1M. Lake Superior State University employs 41 Assistant professors, 22 Professors and 17 Associate professors. Most academics at Lake Superior State University are Male Assistant professor (23), Male Professor (19), and Female Assistant professor (18).

The most common positions for non-instructional staff at Lake Superior State University are: Service, with 43 employees, Management, with 30 employees, and Business and Financial Operations with 30 employees.

Endowment

$39.3M

2024 Endowment

11.6%

growth from 2023

Lake Superior State University has an endowment valued at about $39.3M, as of the end of the 2024 fiscal year. The endowment of Lake Superior State University grew 11.6% from the previous year. The value of their endowment was $10.2M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lake Superior State University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$18M

2024 Salaries

1.16%

decline from 2023

In 2024, Lake Superior State University paid a median of $18M in salaries, which represents 35.9% of their overall expenditure ($50.1M) and a 1.16% decline from the previous year. This is compared to a 2.11% growth between 2022 and 2023, and a 7.61% growth between 2021 and 2022.

Instructional Salaries

$5.9M

Instructional Salaries

Number of Employees

In 2024, Lake Superior State University paid a total of $5.9M to 82 employees working as instructors, which represents 32.8% of all salaries paid.

This is compared to a median of $522k (3.48%) for similar Baccalaureate Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Lake Superior State University were Service with 43 employees, Management with 30 employees, and Business and Financial Operations with 30 employees.

Lake Superior State University

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Lake Superior State University

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

SAT Scores

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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