Lane College

www.lanecollege.edu

2024 Undergraduate Tuition

$9,270

2024 Average Net Price

$11,803

After Financial Aid

2023 Default Rate

0.941%

on Student Loans

2017 Acceptance Rate

48.5%

6,097 Applicants

2024 Enrolled Students

738

97.6% Full-Time

2024 Graduation Rate

17.5%

61 Graduates

Costs

In 2024, the median undergraduate tuition at Lane College is $9,270, which is $18,908 less than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $11,803.

In 2024, 94% of undergraduate students attending Lane College received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$9,270

2024 Undergraduate Tuition

In 2024, the cost of tuition at Lane College was $9,270. The cost of tuition at Lane College is $−18,908 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

This chart compares the tuition costs of Lane College (in red) with those of other similar universities.

Average Net Price

$11,803

2024 Value

11.8%

1 Year Growth

In 2024 Lane College had an average net price — the price paid after factoring in grants and loans — of $11,803. Between 2023 and 2024, the average net price of Lane College grew by 11.8%.

This chart compares the average net price of Lane College (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.

Financial Aid by Income Level

94%

Undergraduates Receiving Financial Aid through Grants

67%

Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Lane College received financial aid through grants or loans in 2024. This represents a growth of 3.3% with respect to 2023, when 91% of undergraduate students received financial aid.

This chart compares the average award discount at Lane College (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.

0.941%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Lane College was 0.941%, which represents 4 out of the 425 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

Lane College had a total enrollment of 738 students in 2024. The full-time enrollment at Lane College is 720 students and the part-time enrollment is 18. This means that 97.6% of students enrolled at Lane College are enrolled full-time.

The enrolled student population at Lane College, both undergraduate and graduate, is 64.2% Black or African American, 1.63% Two or More Races, 0.813% White, 0.407% Hispanic or Latino, 0.136% American Indian or Alaska Native, and 0.136% Asian.

Students enrolled at Lane College in full-time Undergraduate programs are most commonly Black or African American Male (40.9%), followed by Black or African American Female (31.7%) and Hispanic or Latino Male (1.13%).

Full-Time vs Part-Time Enrollment

97.6%

Full-Time Enrollment

The total enrollment at Lane College in 2024, both undergraduate and graduate, is 738 students. The full-time enrollment at Lane College is 720 and the part-time enrollment is 18. This means that 97.6% of students enrolled at Lane College are enrolled full-time compared with 78.9% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Lane College (in red) compares to similar universities.

Retention Rate over Time

44%

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 Lane College was 44%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Lane College had a retention rate lower than its peers.

This chart shows the retention rate over time at Lane College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

Black or African American
474 enrolled students
Two or More Races
12 enrolled students
White
6 enrolled students

The enrolled student population at Lane College is 64.2% Black or African American, 1.63% Two or More Races, 0.813% White, 0.407% Hispanic or Latino, 0.136% American Indian or Alaska Native, and 0.136% Asian. 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, 228 students (30.9%) did not report their race.

Operations

Lane College has an endowment valued at nearly $8.53M, as of the end of the 2024 fiscal year. The return on its endowment was of 1.06M (12.4%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Lane College had a total salary expenditure of 23.8M. Lane College employs 26 Assistant professors, 12 Associate professors and 2 Professors. Most academics at Lane College are Male Assistant professor (18), Female Assistant professor (8), and Male Associate professor (7).

The most common positions for non-instructional staff at Lane College are: Service, with 30 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 27 employees, and Management with 14 employees.

Endowment

$8.53M

2024 Endowment

2.61%

growth from 2023

Lane College has an endowment valued at about $8.53M, as of the end of the 2024 fiscal year. The endowment of Lane College grew 2.61% from the previous year. The value of their endowment was $40.9M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lane College (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: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$9.52M

2024 Salaries

11.8%

decline from 2023

In 2024, Lane College paid a median of $9.52M in salaries, which represents 40% of their overall expenditure ($23.8M) and a 11.8% decline from the previous year. This is compared to a 6.68% growth between 2022 and 2023, and a 21.5% growth between 2021 and 2022.

Instructional Salaries

$2.36M

Instructional Salaries

Number of Employees

In 2024, Lane College paid a total of $2.36M to 42 employees working as instructors, which represents 24.8% 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 Lane College were Service with 30 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 27 employees, and Management with 14 employees.

Lane College

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Lane College

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About

Costs

Tuition Costs

Average Net Price

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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