Iowa Lakes Community College

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2020 Undergraduate Tuition
$6,016
2.73% growth from 2019
2020 Average Net Price
$9,804
After Financial Aid
2018 Student Loan
12.6%
Default Rate
2020 Enrolled Students
2,288
36.9% Full-Time
2020 Graduation Rate
45.8%
125 Graduates

About

Iowa Lakes Community College is a higher education institution located in Emmet County, IA. In 2016, the most popular Bachelor's Degree concentrations at Iowa Lakes Community College were .

In 2020, 361 degrees were awarded across all undergraduate and graduate programs at Iowa Lakes Community College. 54.3% of these degrees were awarded to women, and 45.7% awarded men. The most common race/ethnicity group of degree recipients was white (298 degrees), 17.5 times more than then the next closest race/ethnicity group, hispanic or latino (17 degrees).

The median undergraduate tuition at Iowa Lakes Community College is $6,016, which is $−1,964 less than the national average for Associates Colleges ($7,980).

Costs

The median undergraduate tuition at Iowa Lakes Community College is $6,016, which is $−1,964 less than the national average for Associates Colleges ($7,980).

After taking grants and loans into account, the average net price for students is $9,804.

In 2020, 43% of undergraduate students received federal grants, while 26% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$6,016
2020 Undergraduate Tuition

In 2020, the cost of tuition at Iowa Lakes Community College was $6,016. The cost of tuition at Iowa Lakes Community College is $−1,964 less than than the overall (public and private) national average for Associates Colleges ($7,980).

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

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Average Net Price

$9,804
2020 Value
1.44%
1 Year Growth

In 2020 Iowa Lakes Community College had an average net price — the price paid after factoring in grants and loans — of $9,804. Between 2019 and 2020, the average net price of Iowa Lakes Community College grew by 1.44%.

This chart compares the average net price of Iowa Lakes Community 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.

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Other Student Expenses

$8,566
Room and Board
$1,384
Books and Supplies

The average yearly cost of room and board at Iowa Lakes Community College was of $8,566 in 2020. During the same period, the average yearly cost of books and supplies was $1,384. The cost of room and board increased by 4.4% between 2019 and 2020. The cost of books and supplies increased by 4.53% during the same period.

This chart compares the average student costs at Iowa Lakes Community College (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

43%
Of Undergraduates Receive Grants
26%
Of Undergraduates Receive Federal Loans

43% of undergraduate students at Iowa Lakes Community College received grants or loans in 2020. This represents a growth of 13.2% with respect to 2019, when 38% of undergraduate students received financial aid.

This chart compares the average award discount at Iowa Lakes Community 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.

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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.
12.6%
2018 Default Rate
67
Number of Defaults

In 2018 the default rate for borrower's at Iowa Lakes Community College was 12.6%, which represents 67 out of the 530 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.

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Enrollment

Iowa Lakes Community College has a total enrollment of 2,288 students. The full-time enrollment at Iowa Lakes Community College is 844 students and the part-time enrollment is 1,444. This means that 36.9% of students enrolled at Iowa Lakes Community College are enrolled full-time.

The enrolled student population at Iowa Lakes Community College, both undergraduate and graduate, is 77.3% White, 5.73% Black or African American, 4.72% Hispanic or Latino, 1.18% Asian, 0.568% American Indian or Alaska Native, 0.35% Native Hawaiian or Other Pacific Islanders, and 0.131% Two or More Races.

Students enrolled at Iowa Lakes Community College in full-time Undergraduate programs are most commonly White Male (38.7%), followed by White Female (34.4%) and Black or African American Male (4.62%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

36.9%
Full-Time Enrollment

The total enrollment at Iowa Lakes Community College, both undergraduate and graduate, is 2,288 students. The full-time enrollment at Iowa Lakes Community College is 844 and the part-time enrollment is 1,444. This means that 36.9% of students enrolled at Iowa Lakes Community College are enrolled full-time compared with 34.4% at similar Associates Colleges.

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

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Retention Rate over Time

65%
2020 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 Iowa Lakes Community College was 65%. Compared with the full-time retention rate at similar Associates Colleges (60%), Iowa Lakes Community College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,769
  2. Black or African American
    131
  3. Hispanic or Latino
    108

The enrolled student population at Iowa Lakes Community College is 77.3% White, 5.73% Black or African American, 4.72% Hispanic or Latino, 1.18% Asian, 0.568% American Indian or Alaska Native, 0.35% Native Hawaiian or Other Pacific Islanders, and 0.131% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 44.5% White, 26.8% Hispanic or Latino, and 12.2% 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, 172 students (7.52%) did not report their race.

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Graduates

In 2020, 31 more women than men received degrees from Iowa Lakes Community College. The most common race/ethnicity group of degree recipients at Iowa Lakes Community College is white (298 degrees awarded). There were 17.5 times more white graduates than the next closest race/ethnicity group, hispanic or latino (17 degrees).

The most common Bachelor's Degree concentration at Iowa Lakes Community College is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Iowa Lakes Community College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Agriculture (28 degrees awarded), Construction (12 degrees), and Natural Resources & Conservation (9 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Iowa Lakes Community College are Other managers (80,527 people), Elementary & middle school teachers (67,074 people), Construction managers (44,881 people), Farmers, ranchers, & other agricultural managers (31,500 people), and Sales representatives, wholesale & manufacturing (29,269 people).

The most specialized majors at Iowa Lakes Community College are Agriculture (28 degrees awarded), Construction (12 degrees), Natural Resources & Conservation (9 degrees), Liberal Arts & Humanities (133 degrees), and Mechanical Technologies (22 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Iowa Lakes Community College are Dentists, Physicians, Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, and Securities, commodities, & financial services sales agents

The most specialized majors at Iowa Lakes Community College are Agriculture (28 degrees awarded), Construction (12 degrees), Natural Resources & Conservation (9 degrees), Liberal Arts & Humanities (133 degrees), and Mechanical Technologies (22 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Iowa Lakes Community College are Elementary & secondary schools (148,923 people), Construction (117,458 people), Colleges, universities & professional schools, including junior colleges (73,707 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (40,736 people), and Farming (34,365 people).

The most specialized majors at Iowa Lakes Community College are Agriculture (28 degrees awarded), Construction (12 degrees), Natural Resources & Conservation (9 degrees), Liberal Arts & Humanities (133 degrees), and Mechanical Technologies (22 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Iowa Lakes Community College.
Most Common
  1. N/A
    N/A degree-majorss awarded
  2. N/A
    N/A degree-majorss awarded
  3. N/A
    N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Iowa Lakes Community College was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Iowa Lakes Community College according to their major.

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Sex Breakdown for Common Majors

165
Degrees Awarded to Men
in 2020
196
Degrees Awarded to Women
in 2020

In 2020, 165 degrees were awarded to men at Iowa Lakes Community College, which is 0.842 times less than the number of degrees awarded to females (196).

This chart displays the sex disparity between the top 5 majors at Iowa Lakes Community College by degrees awarded.

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Most Common Male Majors

In false, 48 degrees were awarded to men at Iowa Lakes Community College in Liberal Arts & Sciences, which is 0.565 times less than the 85 female recipients with that same degree.

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Most Common Female Majors

In false, 85 degrees were awarded to women at Iowa Lakes Community College in Liberal Arts & Sciences, which is 1.77 times more than the 48 male recipients with that same degree.

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Time to Complete

46%
100% Completion Time
52%
150% Completion Time

In 2020, 46% of students graduating from Iowa Lakes Community College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 53% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates 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.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Male
Highest Graduation Rate (53.7%)

The student demographic with the highest graduation rate at Iowa Lakes Community College is Male and White (53.7% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (72.4%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.6% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    298 degrees awarded
  2. Hispanic or Latino
    17 degrees awarded
  3. Black or African American
    15 degrees awarded

The most common race/ethnicity at Iowa Lakes Community College is white (298 degrees awarded). There were 17.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (17 degrees).

4.16% of degree recipients (15 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    162 degrees awarded
  2. White Male
    136 degrees awarded
  3. Hispanic or Latino Female
    13 degrees awarded

The most common race/ethnicity and sex grouping at Iowa Lakes Community College is white female (162 degrees awarded). There were 1.19 times more white female recipients than the next closest race/ethnicity group, white male (136 degrees).

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Operations

Iowa Lakes Community College has an endowment valued at nearly $8.29M, as of the end of the 2020 fiscal year. The return on its endowment was of $234k (2.82%), compared to the 5.11% average return ($226k on $4.42M) across all Associates Colleges.

In 2020, Iowa Lakes Community College had a total salary expenditure of $39M. Iowa Lakes Community College employs 25 Professors, 24 Assistant professors, and 10 Instructors. Most academics at Iowa Lakes Community College are Female Professors (18), Male Assistant professors(15), and Female Assistant professors (9).

The most common positions for non-instructional staff at Iowa Lakes Community College are: Management, with 32 employees, Office and Administrative Support, with 32 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 23 employees.

Finances

Endowment

$8.29M
2020 Endowment
6.29%
growth from 2019

Iowa Lakes Community College has an endowment valued at about $8.29M, as of the end of the 2020 fiscal year. The endowment of Iowa Lakes Community College grew 6.29% from the previous year. The value of their endowment was $3.87M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Iowa Lakes Community College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $3.56M - Federal
  2. $915k - State
  3. $0 - Local

As of 2020, Iowa Lakes Community College received $3.56M in grants and contracts from the federal government, $915k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$14M
2020 Salaries
0.179%
decline from 2019

In 2020, Iowa Lakes Community College paid a median of $14M in salaries, which represents 35.9% of their overall expenditure ($39M) and a 0.179% decline from the previous year. This is compared to a 1.02% decline from 2018 and a 0.193% decline from 2017.

The median for similar Associates Colleges is 16.8M (43.6% of overall expenditures).

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Instructional Salaries

$4.29M
Instructional Salaries
69
Number of Employees

In 2020, Iowa Lakes Community College paid a total of $4.29M to 69 employees working as instructors, which represents 30.6% of all salaries paid.

This is compared to a median of $4.98M (29.6%) for similar Associates Colleges.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
25 Employees
Management
Most Common Non-Instructional Employee
32 Employees

In 2020, the most common positions for instructional staff at Iowa Lakes Community College were Professor with 25 employees; Assistant professor with 24 employees; and Assistant professor with 10 employees.

In 2020, the most common positions for non-instructional staff at Iowa Lakes Community College were Management with 32 employees; Office and Administrative Support with 32 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 23 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Female Professor
  2. Male Assistant professor
  3. Female Assistant professor

In 2020, the most common demographic for instructional staff at Iowa Lakes Community College was Female Professor with 18 employees, Male Assistant professor with 15 employees, and Female Assistant professor with 9 employees.

This chart shows the sex split between each academic rank present at Iowa Lakes Community College.

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