Lake Area Technical Institute

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2017 Undergraduate Tuition
$2,736
4.59% growth from 2016
2017 Average Net Price
$11,536
After Financial Aid
2016 Student Loan
8.45%
Default Rate
2017 Enrolled Students
2,055
73.8% Full-Time

About

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

In N/A, N/A degrees were awarded across all undergraduate and graduate programs at Lake Area Technical Institute. N/A of these degrees were awarded to women, and N/A awarded men. The majority of degree recipients were N/A (N/A degrees), N/A times N/A then the next closest race/ethnicity group, N/A (N/A degrees).

The median undergraduate tuition at Lake Area Technical Institute is $2,736, which is $N/A N/A the national average for N/A ($N/A).

Costs

The median undergraduate tuition at Lake Area Technical Institute is $2,736, which is $N/A N/A the national average for N/A ($N/A).

After taking grants and loans into account, the average net price for students is $11,536.

In 2017, 59% of undergraduate students received federal grants, while 71% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$2,736
2017 Undergraduate Tuition

In 2017, the cost of tuition at Lake Area Technical Institute was $2,736. The cost of tuition at Lake Area Technical Institute is $N/A N/A than the overall (public and private) national average for N/A ($N/A).

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Average Net Price

$11,536
2017 Value
2.85%
1 Year Growth

In 2017 Lake Area Technical Institute had an average net price — the price paid after factoring in grants and loans — of $11,536. Between 2016 and 2017, the average net price of Lake Area Technical Institute grew by 2.85%.

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.

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Other Student Expenses

$6,700
Room and Board
$1,400
Books and Supplies

The average yearly cost of room and board at Lake Area Technical Institute was of $6,700 in 2017. During the same period, the average yearly cost of books and supplies was $1,400. The cost of room and board did not change between 2016 and 2017. The cost of books and supplies increased by 7.69% during the same period.

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

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Financial Aid

Financial Aid by Income Level

59%
Of Undergraduates Receive Grants
71%
Of Undergraduates Receive Federal Loans

59% of undergraduate students at Lake Area Technical Institute received grants or loans in 2017. This represents a decline of 3.28% with respect to 2016, when 61% 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.

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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.
8.45%
2016 Default Rate
64
Number of Defaults

In 2016 the default rate for borrower's at Lake Area Technical Institute was 8.45%, which represents 64 out of the 757 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

Lake Area Technical Institute has a total enrollment of 2,055 students. The full-time enrollment at Lake Area Technical Institute is 1,517 students and the part-time enrollment is 538. This means that 73.8% 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 91.4% White, 2.04% American Indian or Alaska Native, 1.56% Hispanic or Latino, 0.827% Asian, 0.633% Black or African American, 0.292% Native Hawaiian or Other Pacific Islanders, and 0.0487% Two or More Races.

Students enrolled at Lake Area Technical Institute in full-time Undergraduate programs are majority White Male (55.1%), followed by White Female (35.9%) and American Indian or Alaska Native Male (1.32%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

73.8%
Full-Time Enrollment

The total enrollment at Lake Area Technical Institute, both undergraduate and graduate, is 2,055 students. The full-time enrollment at Lake Area Technical Institute is 1,517 and the part-time enrollment is 538. This means that 73.8% of students enrolled at Lake Area Technical Institute are enrolled full-time compared with N/A% at similar N/A.

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

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Retention Rate over Time

81%
2017 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 81%. Compared with the full-time retention rate at similar N/A (N/A%), Lake Area Technical Institute had a retention rate N/A its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,878
  2. American Indian or Alaska Native
    42
  3. Hispanic or Latino
    32

The enrolled student population at Lake Area Technical Institute is 91.4% White, 2.04% American Indian or Alaska Native, 1.56% Hispanic or Latino, 0.827% Asian, 0.633% Black or African American, 0.292% Native Hawaiian or Other Pacific Islanders, and 0.0487% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all N/A is .

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, 61 students (2.97%) did not report their race.

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Graduates

In N/A, N/A N/A women than men received degrees from Lake Area Technical Institute. The majority of degree recipients at Lake Area Technical Institute are N/A (N/A degrees awarded). There were N/A times more N/A graduates than the next closest race/ethnicity group, N/A (N/A 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 N/A.

Workforce

Common Jobs by Major

N/A
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 N/A.

The most specialized majors at Lake Area Technical Institute are N/A.

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Highest Paying Jobs by Major

N/A
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake Area Technical Institute are N/A

The most specialized majors at Lake Area Technical Institute are N/A.

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Common Industries by Major

N/A
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 N/A.

The most specialized majors at Lake Area Technical Institute are N/A.

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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 Lake Area Technical Institute.
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 N/A, the most common bachelors degree concentration at Lake Area Technical Institute was N/A with N/A degree-majorss awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men
  1. N/A
  2. N/A

In N/A, N/A degrees were awarded to men at Lake Area Technical Institute, which is N/A times N/A the number of degrees awarded to females (N/A).

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

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Most Common Male Majors

In N/A, N/A degrees were awarded to men at Lake Area Technical Institute in N/A, which is N/A times N/A the N/A female recipients with that same degree.

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Most Common Female Majors

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

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Time to Complete

62%
100% Completion Time
71%
150% Completion Time

In 2017, 62% 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, 71% completed their degrees within 150% of the normal time, and 75% within 200%.

The following chart shows these completion rates over time compared to the average for the N/A 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.
N/A
Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Lake Area Technical Institute is N/A and N/A (N/A% graduation rate). Across all N/A, Asian Female students have the highest graduation rate (68.1%).

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, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. N/A
    N/A degrees awarded
  2. N/A
    N/A degrees awarded
  3. N/A
    N/A degrees awarded

The most common race/ethnicity at Lake Area Technical Institute is N/A (N/A degrees awarded). There were N/A times N/A N/A recipients than the next closest race/ethnicity group, N/A (N/A degrees).

N/A% of degree recipients (N/A students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. N/A
    N/A degrees awarded
  2. N/A
    N/A degrees awarded
  3. N/A
    N/A degrees awarded

The most common race/ethnicity and gender grouping at Lake Area Technical Institute is N/A (N/A degrees awarded). There were N/A times N/A N/A recipients than the next closest race/ethnicity group, N/A (N/A degrees).

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Operations

Lake Area Technical Institute has an endowment valued at nearly $3.55M, as of the end of the 2017 fiscal year. The return on its endowment was of $47.6k (1.34%), compared to the N/A% average return ($N/A on $N/A) across all N/A.

In 2017, Lake Area Technical Institute had a total salary expenditure of $23.1M. Lake Area Technical Institute employs 108 Instructors, 0 N/A, and 0 N/A. Most academics at Lake Area Technical Institute are Male Instructors (64), Female Instructors(44), and N/A (0).

The most common positions for non-instructional staff at Lake Area Technical Institute are: Service, with 21 employees, Office and Administrative Support, with 20 employees, and Management with 11 employees.

Finances

Endowment

$3.55M
2017 Endowment
32.1%
growth from 2016

Lake Area Technical Institute has an endowment valued at about $3.55M, as of the end of the 2017 fiscal year. The endowment of Lake Area Technical Institute grew 32.1% from the previous year. The value of their endowment was $N/A N/A than the median endowment of N/A 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 N/A Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $1.97M - Federal
  2. $0 - State
  3. $0 - Local

As of 2017, Lake Area Technical Institute received $1.97M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$10.3M
2017 Salaries
15%
growth from 2016

In 2017, Lake Area Technical Institute paid a median of $10.3M in salaries, which represents 44.5% of their overall expenditure ($23.1M) and a 15% growth from the previous year. This is compared to a 5.36% growth from 2015 and a 7.55% growth from 2014.

The median for similar N/A is N/A (N/A% of overall expenditures).

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Instructional Salaries

$6.33M
Instructional Salaries
108
Number of Employees

In 2017, Lake Area Technical Institute paid a total of $6.33M to 108 employees working as instructors, which represents 61.5% of all salaries paid.

This is compared to a median of $4.65M (31.1%) for similar Associates Colleges.

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Faculty and Staff

Occupations by Share

Instructor
Most Common Instructor
108 Employees
Service
Most Common Non-Instructional Employee
21 Employees

In 2017, the most common positions for instructional staff at Lake Area Technical Institute were Instructor with 108 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Lake Area Technical Institute were Service with 21 employees; Office and Administrative Support with 20 employees; and Management with 11 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male Instructor
  2. Female Instructor
  3. false

In 2017, the most common demographic for instructional staff at Lake Area Technical Institute was Male Instructor with 64 employees, Female Instructor with 44 employees, and false with 0 employees.

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

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