Lake Region State College

www.lrsc.edu

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2022 Undergraduate Tuition

$4,249

3.99% growth from 2021

2022 Average Net Price

$10,765

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

1,679

24.8% Full-Time

2022 Graduation Rate

44.9%

89 Graduates

About

Lake Region State College is a higher education institution located in Ramsey County, ND. In 2022, the most popular Associates Degree concentrations at Lake Region State College were Liberal Arts & Sciences (71 degrees awarded), Registered Nursing (25 degrees), and General Business Administration & Management (25 degrees).

In 2022, 272 degrees were awarded across all undergraduate and graduate programs at Lake Region State College. 57.7% of these degrees were awarded to women, and 42.3% awarded men. The most common race/ethnicity group of degree recipients was white (216 degrees), 15.4 times more than then the next closest race/ethnicity group, two or more races (14 degrees).

The median undergraduate tuition at Lake Region State College is $4,249, which is $−3,863 less than the national average for Associates Colleges ($8,112).

In 2020 the default rate for borrower's at Lake Region State College was 0%, corresponding to 0 out of the 250 total borrowers.

Associates Colleges: High Transfer-High Nontraditional Associates Colleges

Costs

In 2022, the median undergraduate tuition at Lake Region State College is $4,249, which is $3,863 less than the national average for Associates Colleges ($8,112).

After taking grants and loans into account, the average net price for students is $10,765.

In 2022, 32% of undergraduate students attending Lake Region State College received financial aid through grants. Comparatively, 13% of undergraduate students received financial aid through loans.

Tuition Costs

$4,249

2022 Undergraduate Tuition

In 2022, the cost of tuition at Lake Region State College was $4,249. The cost of tuition at Lake Region State College is $−3,863 less than than the overall (public and private) national average for Associates Colleges ($8,112).

This chart compares the tuition costs of Lake Region State College (in red) with those of other similar universities.

Average Net Price

$10,765

2022 Value

2.79%

1 Year Growth

In 2022 Lake Region State College had an average net price — the price paid after factoring in grants and loans — of $10,765. Between 2021 and 2022, the average net price of Lake Region State College grew by 2.79%.

This chart compares the average net price of Lake Region State 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

$6,950

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Lake Region State College was of $6,950 in 2022. The cost of room and board increased by 2.96% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Lake Region State College (in red) with that of similar universities.

Financial Aid by Income Level

32%

Undergraduates Receiving Financial Aid through Grants

13%

Undergraduates Receiving Financial Aid through Loans

32% of undergraduate students at Lake Region State College received financial aid through grants or loans in 2022. This represents a growth of 18.5% with respect to 2021, when 27% of undergraduate students received financial aid.

This chart compares the average award discount at Lake Region State 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Lake Region State College was 0%, which represents 0 out of the 250 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

Lake Region State College had a total enrollment of 1,679 students in 2022. The full-time enrollment at Lake Region State College is 416 students and the part-time enrollment is 1,263. This means that 24.8% of students enrolled at Lake Region State College are enrolled full-time.

The enrolled student population at Lake Region State College, both undergraduate and graduate, is 70.3% White, 5.24% Two or More Races, 4.41% Hispanic or Latino, 2.32% Black or African American, 2.08% American Indian or Alaska Native, and 0.774% Asian.

Students enrolled at Lake Region State College in full-time Undergraduate programs are most commonly White Female (39.2%), followed by White Male (30.8%) and Hispanic or Latino Female (5.29%).

Full-Time vs Part-Time Enrollment

24.8%

Full-Time Enrollment

The total enrollment at Lake Region State College in 2022, both undergraduate and graduate, is 1,679 students. The full-time enrollment at Lake Region State College is 416 and the part-time enrollment is 1,263. This means that 24.8% of students enrolled at Lake Region State College are enrolled full-time compared with 32.2% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Lake Region State College (in red) compares to similar universities.

Retention Rate over Time

66%

2022 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 Region State College was 66%. Compared with the full-time retention rate at similar Associates Colleges (62%), Lake Region State College had a retention rate higher than its peers.

This chart shows the retention rate over time at Lake Region State College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
1,181 enrolled students
Two or More Races
88 enrolled students
Hispanic or Latino
74 enrolled students

The enrolled student population at Lake Region State College is 70.3% White, 5.24% Two or More Races, 4.41% Hispanic or Latino, 2.32% Black or African American, 2.08% American Indian or Alaska Native, and 0.774% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 42.9% White, 27.9% 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, 188 students (11.2%) did not report their race.

Graduates

In 2022, 42 more women than men received degrees from Lake Region State College. The most common race/ethnicity group of degree recipients at Lake Region State College is white (216 degrees awarded). There were 15.4 times more white recipients than the next closest race/ethnicity group, two or more races (14 degrees).

The most common Associates Degree concentration at Lake Region State College is Liberal Arts & Sciences (71 degrees awarded), followed by Registered Nursing (25 degrees) and General Business Administration & Management (25 degrees).

In 2022, the most specialized majors across all degree types at Lake Region State College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Protective Services (37 degrees awarded), Liberal Arts & Humanities (86 degrees), and Mechanical Technologies (14 degrees).

Common Jobs by Major

Police officers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lake Region State College are Police officers (134,163 people), Elementary & middle school teachers (114,842 people), Other managers (102,111 people), Software developers (42,628 people), and Lawyers, & judges, magistrates, & other judicial workers (42,347 people).

The most specialized majors at Lake Region State College in 2022 are Protective Services (37 degrees awarded), Liberal Arts & Humanities (86 degrees), Mechanical Technologies (14 degrees), Engineering Technologies (10 degrees), and Human Sciences (6 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake Region State College are Surgeons, Cardiovascular technologists and technicians, Physicians, Skincare specialists, and Photographic process workers & processing machine operators

The most specialized majors at Lake Region State College are Protective Services (37 degrees awarded), Liberal Arts & Humanities (86 degrees), Mechanical Technologies (14 degrees), Engineering Technologies (10 degrees), and Human Sciences (6 degrees) (as of 2022).

Common Industries by Major

Justice, public order, & safety activities

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lake Region State College are Justice, public order, & safety activities (322,067 people), Elementary & secondary schools (245,538 people), Colleges, universities & professional schools, including junior colleges (82,323 people), Computer Systems Design (81,424 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (75,996 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lake Region State College.

Most Common (2022)

Liberal Arts & Sciences
71 degrees awarded
Registered Nursing
25 degrees awarded
General Business Administration & Management
25 degrees awarded

In 2022, the most common associates degree concentration at Lake Region State College was Liberal Arts & Sciences with 71 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Lake Region State College according to their major.

Sex Breakdown for Common Majors

115

Degrees Awarded to Men

in 2022

157

Degrees Awarded to Women

in 2022

In 2022, 115 degrees were awarded to men at Lake Region State College, which is 0.732 times less than the number of degrees awarded to females (157).

This chart displays the sex disparity between the top 5 majors at Lake Region State College by degrees awarded.

Most Common Male Majors

In 2022, 31 degrees were awarded to men at Lake Region State College in Liberal Arts & Sciences, which is 0.564 times less than the 55 female recipients with that same degree.

Most Common Female Majors

In 2022, 55 degrees were awarded to men at Lake Region State College in Liberal Arts & Sciences, which is 1.77 times more than the 31 male recipients with that same degree.

Time to Complete

45%

100% Completion Time

50%

150% Completion Time

In 2022, 45% of students graduating from Lake Region State College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 50% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Lake Region State College is Female and Asian (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 1.12% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
216 degrees awarded
Two or More Races
14 degrees awarded
Hispanic or Latino
11 degrees awarded

The most common race/ethnicity at Lake Region State College is white (216 degrees awarded). There were 15.4 times more white recipients than the next closest race/ethnicity group, two or more races (14 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
129 degrees awarded
White Male
87 degrees awarded
Two or More Races Male
8 degrees awarded

The most common race/ethnicity and sex grouping at Lake Region State College is white female (129 degrees awarded). There were 1.48 times more white female recipients than the next closest race/ethnicity group, white male (87 degrees).

Operations

Lake Region State College has an endowment valued at nearly $12.6M, as of the end of the 2022 fiscal year. The return on its endowment was of 10.2k (0.0809%) compared to the 0.843% average return (43.9k on 5.21M) across all Associates Colleges.

In 2022, Lake Region State College had a total salary expenditure of 19.1M. Lake Region State College employs 12 Instructors, 12 Associate professors and 6 Professors. Most academics at Lake Region State College are Female Instructor (9), Female Associate professor (9), and Male Instructor (3).

The most common positions for non-instructional staff at Lake Region State College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 19 employees, Management, with 15 employees, and Office and Administrative Support with 15 employees.

Endowment

$12.6M

2022 Endowment

7.25%

decline from 2021

Lake Region State College has an endowment valued at about $12.6M, as of the end of the 2022 fiscal year. The endowment of Lake Region State College declined 7.25% from the previous year. The value of their endowment was $7.4M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lake Region State 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: High Transfer-High Nontraditional Carnegie Classification grouping.

Salary Expenditure

$8.64M

2022 Salaries

8.49%

growth from 2021

In 2022, Lake Region State College paid a median of $8.64M in salaries, which represents 45.2% of their overall expenditure ($19.1M) and a 8.49% growth from the previous year. This is compared to a 0.0464% decline between 2020 and 2021, and a 1.12% growth between 2019 and 2020.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$2.41M

Instructional Salaries

Number of Employees

In 2022, Lake Region State College paid a total of $2.41M to 36 employees working as instructors, which represents 27.9% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

12 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

19 Employees

In 2022, the most common positions for instructional staff at Lake Region State College were Instructor with 12 employees, Associate professor with 12 employees, and Professor with 6 employees.

In 2022, the most common positions for non-instructional staff at Lake Region State College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 19 employees, Management with 15 employees, and Office and Administrative Support with 15 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Instructor
Female Associate professor
Male Instructor

In 2022, the most common demographic for instructional staff at Lake Region State College was Female Instructor with 9 employees, Female Associate professor with 9 employees, and Male Instructor with 3 employees.

This chart shows the sex split between each academic rank present at Lake Region State College.

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