Iowa Lakes Community College

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2016 Undergraduate Tuition

$5,344

4.38% growth from 2015

2016 Average Net Price

$8,537

After Financial Aid

2015 Student Loan

14%

Default Rate

2016 Enrolled Students

2,122

48.5% Full-Time

2016 Graduation Rate

47.6%

195 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 2016, 428 degrees were awarded across all undergraduate and graduate programs at Iowa Lakes Community College. 50% of these degrees were awarded to women, and 50% awarded men. The majority of degree recipients were white (383 degrees), 18.2 times more than then the next closest race/ethnicity group, hispanic or latino (21 degrees).

The median undergraduate tuition at Iowa Lakes Community College is $5,344, which is $-1,976 less than the national average for Associates Colleges ($7,320).

Costs

The median undergraduate tuition at Iowa Lakes Community College is $5,344, which is $-1,976 less than the national average for Associates Colleges ($7,320).

After taking grants and loans into account, the average net price for students is $8,537.

In 2016, 40% of undergraduate students received federal grants, while 30% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$5,344

2016 Undergraduate Tuition

In 2016, the cost of tuition at Iowa Lakes Community College was $5,344. The cost of tuition at Iowa Lakes Community College is $-1,976 less than than the overall (public and private) national average for Associates Colleges ($7,320).

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

$8,537

2016 Value

9.56%

1 Year Growth

In 2016 Iowa Lakes Community College had an average net price — the price paid after factoring in grants and loans — of $8,537. Between 2015 and 2016, the average net price of Iowa Lakes Community College grew by 9.56%.

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

$5,425

Room and Board

$1,188

Books and Supplies

The average yearly cost of room and board at Iowa Lakes Community College was of $5,425 in 2016. During the same period, the average yearly cost of books and supplies was $1,188. The cost of room and board decreased by 1.36% between 2015 and 2016. The cost of books and supplies decreased by 8.62% during the same period.

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Financial Aid

Financial Aid by Income Level

40%

Of Undergraduates Receive Grants

30%

Of Undergraduates Receive Federal Loans

40% of undergraduate students at Iowa Lakes Community College received grants or loans in 2016. This represents a decline of 6.98% with respect to 2015, when 43% 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.

14%

2015 Default Rate

105

Number of Defaults

In 2015 the default rate for borrower's at Iowa Lakes Community College was 14%, which represents 105 out of the 749 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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Admissions

Iowa Lakes Community College received N/A undergraduate applications in N/A, which represents a 0% annual growth. Out of those N/A applicants, N/A students were accepted for enrollment, representing a N/A% acceptance rate.

There were 2,122 students enrolled at Iowa Lakes Community College in 2016, and N/A% of first-time enrollees submitted SAT scores with their applications.

Iowa Lakes Community College has an overall enrollment yield of N/A%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

N/A%

Acceptance Rate in N/A

N/A

Accepted Out of N/A

In N/A, the undergraduate acceptance rate of Iowa Lakes Community College was N/A% (N/A admissions from N/A applications). This is approximately the same as the acceptance rate of N/A, which was N/A%. Between N/A and N/A, the number of applicants stayed by N/A%, while admissions stayed by N/A%.

This chart compares the acceptance rate of Iowa Lakes Community College (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Iowa Lakes Community College in N/A submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Iowa Lakes Community College has a total enrollment of 2,122 students. The full-time enrollment at Iowa Lakes Community College is 1,030 students and the part-time enrollment is 1,092. This means that 48.5% 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 85% White, 4.95% Hispanic or Latino, 4.34% Black or African American, 1.56% Asian, 0.754% American Indian or Alaska Native, 0.377% Two or More Races, and 0.0471% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Iowa Lakes Community College in full-time Undergraduate programs are majority White Male (42.2%), followed by White Female (37.8%) and Black or African American Male (4.56%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

48.5%

Full-Time Enrollment

The total enrollment at Iowa Lakes Community College, both undergraduate and graduate, is 2,122 students. The full-time enrollment at Iowa Lakes Community College is 1,030 and the part-time enrollment is 1,092. This means that 48.5% of students enrolled at Iowa Lakes Community College are enrolled full-time compared with 36.5% 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

64%

2016 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 64%. 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

    1,804

  2. Hispanic or Latino

    105

  3. Black or African American

    92

The enrolled student population at Iowa Lakes Community College is 85% White, 4.95% Hispanic or Latino, 4.34% Black or African American, 1.56% Asian, 0.754% American Indian or Alaska Native, 0.377% Two or More Races, and 0.0471% 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 Associates Colleges is 46.8% White, 24.4% Hispanic or Latino, and 13% 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, 26 students (1.23%) did not report their race.

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Graduates

In 2016, 0 more women than men received degrees from Iowa Lakes Community College. The majority of degree recipients at Iowa Lakes Community College are white (383 degrees awarded). There were 18.2 times more white graduates than the next closest race/ethnicity group, hispanic or latino (21 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 (42 degrees awarded), Liberal Arts & Humanities (157 degrees), and Natural Resources & Conservation (8 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 Miscellaneous managers (95,304 people), Elementary & middle school teachers (84,980 people), Construction managers (35,114 people), Farmers, ranchers, & other agricultural managers (30,821 people), and Firstline supervisors of retail sales workers (28,868 people).

The most specialized majors at Iowa Lakes Community College are Agriculture (42 degrees awarded), Liberal Arts & Humanities (157 degrees), Natural Resources & Conservation (8 degrees), Precision Production (15 degrees), and Mechanical Technologies (28 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Iowa Lakes Community College are Securities, commodities, & financial services sales agents, Physicians & surgeons, Aircraft pilots & flight engineers, Chief executives & legislators, and Other Sales Workers

The most specialized majors at Iowa Lakes Community College are Agriculture (42 degrees awarded), Liberal Arts & Humanities (157 degrees), Natural Resources & Conservation (8 degrees), Precision Production (15 degrees), and Mechanical Technologies (28 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 (137,215 people), Construction (98,107 people), Colleges, universities & professional schools, including junior colleges (69,831 people), Hospitals (47,683 people), and Management, scientific & technical consulting services (33,389 people).

The most specialized majors at Iowa Lakes Community College are Agriculture (42 degrees awarded), Liberal Arts & Humanities (157 degrees), Natural Resources & Conservation (8 degrees), Precision Production (15 degrees), and Mechanical Technologies (28 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 degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In N/A, 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 recipients from bachelors degree programs at Iowa Lakes Community College according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 214

  2. 214

In 2016, 214 degrees were awarded to men at Iowa Lakes Community College, which is 1 times approximately the same the number of degrees awarded to females (214).

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

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Most Common Male Majors

In N/A, 72 degrees were awarded to men at Iowa Lakes Community College in Liberal Arts & Sciences, which is 0.847 times less than the 85 female recipients with that same degree.

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Most Common Female Majors

In N/A, 85 degrees were awarded to women at Iowa Lakes Community College in Liberal Arts & Sciences, which is 1.18 times more than the 72 male recipients with that same degree.

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Time to Complete

36%

100% Completion Time

43%

150% Completion Time

In 2016, 36% 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, 43% completed their degrees within 150% of the normal time, and 44% 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 Gender

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Female

Highest Graduation Rate (71.4%)

The student demographic with the highest graduation rate at Iowa Lakes Community College is Female and Hispanic or Latino (71.4% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (67.2%).

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, 4.1% of graduates (8 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    383 degrees awarded

  2. Hispanic or Latino

    21 degrees awarded

  3. Black or African American

    15 degrees awarded

The most common race/ethnicity at Iowa Lakes Community College is white (383 degrees awarded). There were 18.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (21 degrees).

0.234% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    197 degrees awarded

  2. White Male

    186 degrees awarded

  3. Hispanic or Latino Male

    15 degrees awarded

The most common race/ethnicity and gender grouping at Iowa Lakes Community College is white female (197 degrees awarded). There were 1.06 times more white female recipients than the next closest race/ethnicity group, white male (186 degrees).

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Operations

Iowa Lakes Community College has an endowment valued at nearly $7.84M, as of the end of the 2015 fiscal year. The return on its endowment was of $78.8k (1.01%), compared to the 1.4% average return ($43.5k on $3.12M) across all Associates Colleges.

In 2015, Iowa Lakes Community College had a total expenditure of $37.8M. Of that $37.8M, they spent $14.4M on salaries and $37.8M on benefits.

Iowa Lakes Community College employs 31 Professors, 20 Assistant professors, and 15 Associate professors. Most academics at Iowa Lakes Community College are Female Professors (20), Male Professors(11), and Male Assistant professors (11).

The most common positions for non-instructional staff at Iowa Lakes Community College are: Management, with 32 employees, Office and Administrative Support, with 30 employees, and Service with 21 employees.

Finances

Endowment

$7.84M

2015 Endowment

0.487%

growth from 2014

Iowa Lakes Community College has an endowment valued at about $7.84M, as of the end of the 2015 fiscal year. The endowment of Iowa Lakes Community College grew 0.487% from the previous year. The value of their endowment was $4.72M 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. $1.81M - Federal

  2. $1.99M - State

  3. $0 - Local

As of 2015, Iowa Lakes Community College received $1.81M in grants and contracts from the federal government, $1.99M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$14.4M

Salary Expenditure

$37.8M

Benefits Expenditure

In 2015, Iowa Lakes Community College had a total expenditure of $37.8M. Of that $37.8M, they spent $14.4M on salaries and $37.8M on benefits.

The bar chart shows the share of the primary expenses at Iowa Lakes Community College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Associates Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Iowa Lakes Community College as a share of total expenditure.

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Salary Expenditure

$14.4M

2015 Salaries

2.36%

growth from 2014

In 2015, Iowa Lakes Community College paid a median of $14.4M in salaries, which represents 38.2% of their overall expenditure ($37.8M) and a 2.36% growth from the previous year. This is compared to a 3.73% decline from 2013 and a 0.529% growth from 2012.

The median for similar Associates Colleges is 14.3M (44.1% of overall expenditures).

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Instructional Salaries

$4.63M

Instructional Salaries

81

Number of Employees

In 2015, Iowa Lakes Community College paid a total of $4.63M to 81 employees working as instructors, which represents 32.1% of all salaries paid.

This is compared to a median of $4.44M (31%) for similar Associates Colleges.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

31 Employees

Management

Most Common Non-Instructional Employee

32 Employees

In 2016, the most common positions for instructional staff at Iowa Lakes Community College were Professor with 31 employees; Assistant professor with 20 employees; and Assistant professor with 15 employees.

In 2016, the most common positions for non-instructional staff at Iowa Lakes Community College were Management with 32 employees; Office and Administrative Support with 30 employees; and Service with 21 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Professor

  2. Male Professor

  3. Male Assistant professor

In 2016, the most common demographic for instructional staff at Iowa Lakes Community College was Female Professor with 20 employees, Male Professor with 11 employees, and Male Assistant professor with 11 employees.

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

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