Lake Area Technical Institute

Add Comparison

2016 Undergraduate Tuition

$2,616

0% growth from 2015

2016 Average Net Price

$11,216

After Financial Aid

2015 Student Loan

10.2%

Default Rate

2016 Enrolled Students

2,061

77.6% Full-Time

2016 Graduation Rate

71.1%

467 Graduates

About

Lake Area Technical Institute is a higher education institution located in Codington County, SD. In 2016, the most popular Bachelor's Degree concentrations at Lake Area Technical Institute were .

In 2016, 693 degrees were awarded across all undergraduate and graduate programs at Lake Area Technical Institute. 46.6% of these degrees were awarded to women, and 53.4% awarded men. The majority of degree recipients were white (613 degrees), 13.3 times more than then the next closest race/ethnicity group, unknown (46 degrees).

The median undergraduate tuition at Lake Area Technical Institute is $2,616, which is $-4,704 less than the national average for Associates Colleges ($7,320).

Costs

The median undergraduate tuition at Lake Area Technical Institute is $2,616, which is $-4,704 less than the national average for Associates Colleges ($7,320).

After taking grants and loans into account, the average net price for students is $11,216.

In 2016, 61% of undergraduate students received federal grants, while 75% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$2,616

2016 Undergraduate Tuition

In 2016, the cost of tuition at Lake Area Technical Institute was $2,616. The cost of tuition at Lake Area Technical Institute is $-4,704 less than than the overall (public and private) national average for Associates Colleges ($7,320).

This chart compares the tuition costs of Lake Area Technical Institute (in red) with those of other similar universities.

View Data
Save Image
Add Data to Cart

Average Net Price

$11,216

2016 Value

2.64%

1 Year Growth

In 2016 Lake Area Technical Institute had an average net price — the price paid after factoring in grants and loans — of $11,216. Between 2015 and 2016, the average net price of Lake Area Technical Institute grew by 2.64%.

This chart compares the average net price of Lake Area Technical Institute (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.

View Data
Save Image
Add Data to Cart

Other Student Expenses

$6,700

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at Lake Area Technical Institute was of $6,700 in 2016. During the same period, the average yearly cost of books and supplies was $1,300. The cost of room and board increased by 3.08% between 2015 and 2016. The cost of books and supplies increased by 4% during the same period.

This chart compares the average student costs at Lake Area Technical Institute (in red) with that of similar universities.

View Data
Save Image
Add Data to Cart

Financial Aid

Financial Aid by Income Level

61%

Of Undergraduates Receive Grants

75%

Of Undergraduates Receive Federal Loans

61% of undergraduate students at Lake Area Technical Institute received grants or loans in 2016. This represents a decline of 3.17% with respect to 2015, when 63% of undergraduate students received financial aid.

This chart compares the average award discount at Lake Area Technical Institute (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.

View Data
Save Image
Add Data to Cart

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.

10.2%

2015 Default Rate

72

Number of Defaults

In 2015 the default rate for borrower's at Lake Area Technical Institute was 10.2%, which represents 72 out of the 704 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.

View Data
Save Image
Add Data to Cart

Admissions

Lake Area Technical Institute 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 2,061 students enrolled at Lake Area Technical Institute in 2016, and N/A% of first-time enrollees submitted SAT scores with their applications.

Lake Area Technical Institute 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 Lake Area Technical Institute 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 Lake Area Technical Institute (in red) with that of other similar universities.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Lake Area Technical Institute 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.

View Data
Save Image
Add Data to Cart

Enrollment

Lake Area Technical Institute has a total enrollment of 2,061 students. The full-time enrollment at Lake Area Technical Institute is 1,600 students and the part-time enrollment is 461. This means that 77.6% of students enrolled at Lake Area Technical Institute are enrolled full-time.

The enrolled student population at Lake Area Technical Institute, both undergraduate and graduate, is 92% White, 2.18% American Indian or Alaska Native, 1.6% Hispanic or Latino, 0.728% Asian, 0.437% Black or African American, 0.34% Native Hawaiian or Other Pacific Islanders, and 0.0485% Two or More Races.

Students enrolled at Lake Area Technical Institute in full-time Undergraduate programs are majority White Male (54.7%), followed by White Female (37.8%) and American Indian or Alaska Native Male (1.31%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

77.6%

Full-Time Enrollment

The total enrollment at Lake Area Technical Institute, both undergraduate and graduate, is 2,061 students. The full-time enrollment at Lake Area Technical Institute is 1,600 and the part-time enrollment is 461. This means that 77.6% of students enrolled at Lake Area Technical Institute are enrolled full-time compared with 36.5% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Lake Area Technical Institute (in red) compares to similar universities.

View Data
Save Image
Add Data to Cart

Retention Rate over Time

88%

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 Lake Area Technical Institute was 88%. Compared with the full-time retention rate at similar Associates Colleges (60%), Lake Area Technical Institute had a retention rate higher than its peers.

This chart shows the retention rate over time at Lake Area Technical Institute (highlighted in red) compares to similar universities.

View Data
Save Image
Add Data to Cart

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,896

  2. American Indian or Alaska Native

    45

  3. Hispanic or Latino

    33

The enrolled student population at Lake Area Technical Institute is 92% White, 2.18% American Indian or Alaska Native, 1.6% Hispanic or Latino, 0.728% Asian, 0.437% Black or African American, 0.34% Native Hawaiian or Other Pacific Islanders, and 0.0485% 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 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, 52 students (2.52%) did not report their race.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Graduates

In 2016, 47 fewer women than men received degrees from Lake Area Technical Institute. The majority of degree recipients at Lake Area Technical Institute are white (613 degrees awarded). There were 13.3 times more white graduates than the next closest race/ethnicity group, unknown (46 degrees).

The most common Bachelor's Degree concentration at Lake Area Technical Institute is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Lake Area Technical Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Agriculture (137 degrees awarded), Precision Production (74 degrees), and Mechanical Technologies (132 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 Lake Area Technical Institute are Social workers (174,574 people), Miscellaneous managers (98,798 people), Counselors (40,350 people), Elementary & middle school teachers (36,643 people), and Software developers, applications & systems software (32,527 people).

The most specialized majors at Lake Area Technical Institute are Agriculture (137 degrees awarded), Precision Production (74 degrees), Mechanical Technologies (132 degrees), Public Administration and Social Service (47 degrees), and Engineering Technologies (25 degrees).

View Data
Save Image
Add Data to Cart

Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake Area Technical Institute are Public relations specialists, Marketing & sales managers, Physicians & surgeons, Financial analysts, and Chief executives & legislators

The most specialized majors at Lake Area Technical Institute are Agriculture (137 degrees awarded), Precision Production (74 degrees), Mechanical Technologies (132 degrees), Public Administration and Social Service (47 degrees), and Engineering Technologies (25 degrees).

View Data
Save Image
Add Data to Cart

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 Lake Area Technical Institute are Elementary & secondary schools (100,923 people), Individual & family services (92,926 people), Hospitals (74,509 people), Colleges, universities & professional schools, including junior colleges (64,711 people), and Computer Systems Design (56,225 people).

The most specialized majors at Lake Area Technical Institute are Agriculture (137 degrees awarded), Precision Production (74 degrees), Mechanical Technologies (132 degrees), Public Administration and Social Service (47 degrees), and Engineering Technologies (25 degrees).

View Data
Save Image
Add Data to Cart

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lake Area Technical Institute.

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 Lake Area Technical Institute was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Lake Area Technical Institute according to their major.

View Data
Save Image
Add Data to Cart

Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 370

  2. 323

In 2016, 370 degrees were awarded to men at Lake Area Technical Institute, which is 1.15 times more than the number of degrees awarded to females (323).

This chart displays the gender disparity between the top 5 majors at Lake Area Technical Institute by degrees awarded.

View Data
Save Image
Add Data to Cart

Most Common Male Majors

In N/A, 98 degrees were awarded to men at Lake Area Technical Institute in General Agriculture Management, which is 2.51 times more than the 39 female recipients with that same degree.

View Data
Save Image
Add Data to Cart

Most Common Female Majors

In N/A, 49 degrees were awarded to women at Lake Area Technical Institute in Dental Assisting, which is 49 times more than the 1 male recipients with that same degree.

View Data
Save Image
Add Data to Cart

Time to Complete

56%

100% Completion Time

67%

150% Completion Time

In 2016, 56% of students graduating from Lake Area Technical Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 71% 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.

View Data
Save Image
Add Data to Cart

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Lake Area Technical Institute is Male and Asian (100% 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, 5.14% of graduates (24 students) did not report their race.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    613 degrees awarded

  2. Unknown

    46 degrees awarded

  3. American Indian or Alaska Native

    15 degrees awarded

The most common race/ethnicity at Lake Area Technical Institute is white (613 degrees awarded). There were 13.3 times more white recipients than the next closest race/ethnicity group, unknown (46 degrees).

6.64% of degree recipients (46 students) did not report their race.

View Data
Save Image
Add Data to Cart

Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    326 degrees awarded

  2. White Female

    287 degrees awarded

  3. American Indian or Alaska Native Male

    9 degrees awarded

The most common race/ethnicity and gender grouping at Lake Area Technical Institute is white male (326 degrees awarded). There were 1.14 times more white male recipients than the next closest race/ethnicity group, white female (287 degrees).

View Data
Save Image
Add Data to Cart

Operations

Lake Area Technical Institute has an endowment valued at nearly $2.42M, as of the end of the 2015 fiscal year. The return on its endowment was of $10.7k (0.443%), compared to the 1.4% average return ($43.5k on $3.12M) across all Associates Colleges.

In 2015, Lake Area Technical Institute had a total expenditure of $20M. Of that $20M, they spent $8.5M on salaries and $20M on benefits.

Lake Area Technical Institute employs N/A N/A, N/A N/A, and N/A N/A. Most academics at Lake Area Technical Institute are N/A (N/A), N/A(N/A), and N/A (N/A).

The most common positions for non-instructional staff at Lake Area Technical Institute are: Office and Administrative Support, with 20 employees, Service, with 20 employees, and Sales and related with 12 employees.

Finances

Endowment

$2.42M

2015 Endowment

7.7%

growth from 2014

Lake Area Technical Institute has an endowment valued at about $2.42M, as of the end of the 2015 fiscal year. The endowment of Lake Area Technical Institute grew 7.7% from the previous year. The value of their endowment was $704k lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lake Area Technical Institute (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: High Career & Technical-High Traditional Carnegie Classification grouping.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Government Grants and Contracts

Grants & Contracts

  1. $2.4M - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Lake Area Technical Institute received $2.4M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

View Data
Save Image
Add Data to Cart

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.

$8.5M

Salary Expenditure

$20M

Benefits Expenditure

In 2015, Lake Area Technical Institute had a total expenditure of $20M. Of that $20M, they spent $8.5M on salaries and $20M on benefits.

The bar chart shows the share of the primary expenses at Lake Area Technical Institute 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.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Expenditure by Category

This tree map shows all of the primary expenses of Research at Lake Area Technical Institute as a share of total expenditure.

View Data
Save Image
Add Data to Cart

Salary Expenditure

$8.5M

2015 Salaries

7.55%

growth from 2014

In 2015, Lake Area Technical Institute paid a median of $8.5M in salaries, which represents 42.5% of their overall expenditure ($20M) and a 7.55% growth from the previous year. This is compared to a 5.61% growth from 2013 and a 14.2% growth from 2012.

The median for similar Associates Colleges is 17.1M (52.8% of overall expenditures).

View Data
Save Image
Add Data to Cart

Instructional Salaries

$4.79M

Instructional Salaries

97

Number of Employees

In 2015, Lake Area Technical Institute paid a total of $4.79M to 97 employees working as instructors, which represents 56.3% of all salaries paid.

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

View Data
Save Image
Add Data to Cart

Faculty and Staff

Occupations by Share

N/A

Most Common Instructor

N/A Employees

Office and Administrative Support

Most Common Non-Instructional Employee

20 Employees

In N/A, the most common positions for instructional staff at Lake Area Technical Institute were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.

In N/A, the most common positions for non-instructional staff at Lake Area Technical Institute were Office and Administrative Support with 20 employees; Service with 20 employees; and Sales and related with 12 employees.

View Data
Save Image
Add Data to Cart

Instructors by Academic Rank and Gender

Most Common Demographic

  1. N/A

  2. N/A

  3. N/A

In N/A, the most common demographic for instructional staff at Lake Area Technical Institute was N/A with N/A employees, N/A with N/A employees, and N/A with N/A employees.

This chart shows the gender split between each academic rank present at Lake Area Technical Institute.

View Data
Save Image
Add Data to Cart