Iowa Lakes Community College

www.iowalakes.edu

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2019 Undergraduate Tuition

$5,856

2.23% growth from 2018

2019 Average Net Price

$9,947

After Financial Aid

2017 Student Loan

16.9%

Default Rate

2019 Enrolled Students

2,035

41.5% Full-Time

2018 Graduation Rate

54.1%

210 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 2019, 360 degrees were awarded across all undergraduate and graduate programs at Iowa Lakes Community College. 51.4% of these degrees were awarded to women, and 48.6% awarded men. The most common race/ethnicity group of degree recipients was white (316 degrees), 15.8 times more than then the next closest race/ethnicity group, hispanic or latino (20 degrees).

The median undergraduate tuition at Iowa Lakes Community College is $5,856, which is $−1,968 less than the national average for Associates Colleges ($7,824).

Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional Associates Colleges

Costs

The median undergraduate tuition at Iowa Lakes Community College is $5,856, which is $−1,968 less than the national average for Associates Colleges ($7,824).

After taking grants and loans into account, the average net price for students is $9,947.

In 2019, 38% of undergraduate students received federal grants, while 27% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$5,856

2019 Undergraduate Tuition

In 2019, the cost of tuition at Iowa Lakes Community College was $5,856. The cost of tuition at Iowa Lakes Community College is $−1,968 less than than the overall (public and private) national average for Associates Colleges ($7,824).

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

Average Net Price

$9,947

2019 Value

1.52%

1 Year Growth

In 2019 Iowa Lakes Community College had an average net price — the price paid after factoring in grants and loans — of $9,947. Between 2018 and 2019, the average net price of Iowa Lakes Community College grew by 1.52%.

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.

Other Student Expenses

$8,205

Room and Board

$1,324

Books and Supplies

The average yearly cost of room and board at Iowa Lakes Community College was of $8,205 in 2019. During the same period, the average yearly cost of books and supplies was $1,324. The cost of room and board increased by 7.89% between 2018 and 2019. The cost of books and supplies decreased by 1.19% during the same period.

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

Financial Aid

Financial Aid by Income Level

38%

Of Undergraduates Receive Grants

27%

Of Undergraduates Receive Federal Loans

38% of undergraduate students at Iowa Lakes Community College received grants or loans in 2019. This represents a decline of 5% with respect to 2018, when 40% 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.

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.

16.9%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Iowa Lakes Community College was 16.9%, which represents 96 out of the 567 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

Iowa Lakes Community College has a total enrollment of 2,035 students. The full-time enrollment at Iowa Lakes Community College is 845 students and the part-time enrollment is 1,190. This means that 41.5% 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 69.4% White, 5.06% Black or African American, 4.32% Hispanic or Latino, 1.08% Asian, 0.639% American Indian or Alaska Native, 0.442% Native Hawaiian or Other Pacific Islanders, and 0.0983% Two or More Races.

Students enrolled at Iowa Lakes Community College in full-time Undergraduate programs are most commonly White Male (38.2%), followed by White Female (34.6%) 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

41.5%

Full-Time Enrollment

The total enrollment at Iowa Lakes Community College, both undergraduate and graduate, is 2,035 students. The full-time enrollment at Iowa Lakes Community College is 845 and the part-time enrollment is 1,190. This means that 41.5% of students enrolled at Iowa Lakes Community College are enrolled full-time compared with 34.9% 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.

Retention Rate over Time

68%

2019 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 68%. Compared with the full-time retention rate at similar Associates Colleges (61%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,412
Black or African American
103
Hispanic or Latino
88

The enrolled student population at Iowa Lakes Community College is 69.4% White, 5.06% Black or African American, 4.32% Hispanic or Latino, 1.08% Asian, 0.639% American Indian or Alaska Native, 0.442% Native Hawaiian or Other Pacific Islanders, and 0.0983% 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% White, 26.9% Hispanic or Latino, and 12.5% 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, 332 students (16.3%) did not report their race.

Graduates

In 2019, 10 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 (316 degrees awarded). There were 15.8 times more white graduates than the next closest race/ethnicity group, hispanic or latino (20 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 (24 degrees awarded), Natural Resources & Conservation (13 degrees), and Construction (15 degrees).

Workforce

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 Iowa Lakes Community College are Other managers (105,560 people), Elementary & middle school teachers (69,872 people), Construction managers (50,654 people), Software developers (39,925 people), and Sales representatives, wholesale & manufacturing (36,202 people).

The most specialized majors at Iowa Lakes Community College are Agriculture (24 degrees awarded), Natural Resources & Conservation (13 degrees), Construction (15 degrees), Engineering Technologies (28 degrees), and Liberal Arts & Humanities (146 degrees).

Highest Paying Jobs by Major

Dentists

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, Lawyers, & judges, magistrates, & other judicial workers, Physicians, Real estate brokers & sales agents, and Personal financial advisors

Common Industries by Major

Elementary & secondary schools

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 (158,686 people), Construction (138,275 people), Colleges, universities & professional schools, including junior colleges (82,895 people), Computer Systems Design (62,074 people), and Architectural, engineering & related services (49,822 people).

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

N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded
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.

Gender Breakdown for Common Majors

175

Degrees Awarded to Men

in 2019

185

Degrees Awarded to Women

in 2019

In 2019, 175 degrees were awarded to men at Iowa Lakes Community College, which is 0.946 times less than the number of degrees awarded to females (185).

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

Most Common Male Majors

In false, 54 degrees were awarded to men at Iowa Lakes Community College in Liberal Arts & Sciences, which is 0.587 times less than the 92 female recipients with that same degree.

Most Common Female Majors

In false, 92 degrees were awarded to women at Iowa Lakes Community College in Liberal Arts & Sciences, which is 1.7 times more than the 54 male recipients with that same degree.

Time to Complete

48%

100% Completion Time

54%

150% Completion Time

In 2019, 48% 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, 54% completed their degrees within 150% of the normal time, and 54% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Iowa Lakes Community College is Female and Asian (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (69.1%).

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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
316 degrees awarded
Hispanic or Latino
20 degrees awarded
Black or African American
11 degrees awarded

The most common race/ethnicity at Iowa Lakes Community College is white (316 degrees awarded). There were 15.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (20 degrees).

1.94% of degree recipients (7 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
169 degrees awarded
White Male
147 degrees awarded
Hispanic or Latino Male
13 degrees awarded

The most common race/ethnicity and gender grouping at Iowa Lakes Community College is white female (169 degrees awarded). There were 1.15 times more white female recipients than the next closest race/ethnicity group, white male (147 degrees).

Operations

Iowa Lakes Community College has an endowment valued at nearly $7.8M, as of the end of the 2019 fiscal year. The return on its endowment was of $280k (3.59%), compared to the 5.92% average return ($255k on $4.3M) across all Associates Colleges.

In 2019, Iowa Lakes Community College had a total salary expenditure of $38.7M. Iowa Lakes Community College employs 27 Professors, 23 Assistant professors, and 11 Associate professors. Most academics at Iowa Lakes Community College are Female Professors (18), Male Assistant professors(14), and Male Professors (9).

The most common positions for non-instructional staff at Iowa Lakes Community College are: Office and Administrative Support, with 34 employees, Management, with 32 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 20 employees.

Finances

Endowment

$7.8M

2019 Endowment

2.61%

growth from 2018

Iowa Lakes Community College has an endowment valued at about $7.8M, as of the end of the 2019 fiscal year. The endowment of Iowa Lakes Community College grew 2.61% from the previous year. The value of their endowment was $3.5M 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.

Government Grants and Contracts

Grants & Contracts

$2.17M - Federal
$1.76M - State
$0 - Local

As of 2019, Iowa Lakes Community College received $2.17M in grants and contracts from the federal government, $1.76M from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$14M

2019 Salaries

1.02%

decline from 2018

In 2019, Iowa Lakes Community College paid a median of $14M in salaries, which represents 36.3% of their overall expenditure ($38.7M) and a 1.02% decline from the previous year. This is compared to a 0.193% decline from 2017 and a 0.759% decline from 2016.

The median for similar Associates Colleges is 16.6M (44.7% of overall expenditures).

Instructional Salaries

$4.22M

Instructional Salaries

Number of Employees

In 2019, Iowa Lakes Community College paid a total of $4.22M to 70 employees working as instructors, which represents 30.1% of all salaries paid.

This is compared to a median of $5.1M (30.7%) for similar Associates Colleges.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

27 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

34 Employees

In 2019, the most common positions for instructional staff at Iowa Lakes Community College were Professor with 27 employees; Assistant professor with 23 employees; and Assistant professor with 11 employees.

In 2019, the most common positions for non-instructional staff at Iowa Lakes Community College were Office and Administrative Support with 34 employees; Management with 32 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 20 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Female Professor
Male Assistant professor
Male Professor

In 2019, the most common demographic for instructional staff at Iowa Lakes Community College was Female Professor with 18 employees, Male Assistant professor with 14 employees, and Male Professor with 9 employees.

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

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