Lake-Sumter State College

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2021 Undergraduate Tuition
$3,292
2021 Average Net Price
$5,457
After Financial Aid
2019 Student Loan
3.5%
Default Rate
2021 Enrolled Students
4,342
32% Full-Time
2021 Graduation Rate
38.3%
223 Graduates

About

Lake-Sumter State College is a higher education institution located in Lake County, FL. In 2021, the most popular Associates Degree concentrations at Lake-Sumter State College were Liberal Arts & Sciences (809 degrees awarded), Registered Nursing (58 degrees), and General Engineering Technology (26 degrees).

In 2021, 1,139 degrees were awarded across all undergraduate and graduate programs at Lake-Sumter State College. 63.4% of these degrees were awarded to women, and 36.6% awarded men. The most common race/ethnicity group of degree recipients was white (646 degrees), 2.62 times more than then the next closest race/ethnicity group, hispanic or latino (247 degrees).

The median undergraduate tuition at Lake-Sumter State College is $3,292, which is $−8,492 less than the national average for Baccalaureate/Associates Colleges ($11,784).

dollarCosts

In 2021, the median undergraduate tuition at Lake-Sumter State College is $3,292, which is $−8,492 less than the national average for Baccalaureate/Associates Colleges ($11,784).

After taking grants and loans into account, the average net price for students is $5,457.

In 2021, 53% of undergraduate students attending Lake-Sumter State College received financial aid through grants. Comparatively, 41% of undergraduate students received financial aid through loans.

Tuition Costs

$3,292
2021 Undergraduate Tuition

In 2021, the cost of tuition at Lake-Sumter State College was $3,292. The cost of tuition at Lake-Sumter State College is $−8,492 less than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($11,784).

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Average Net Price

$5,457
2021 Value
3.6%
1 Year Growth

In 2021 Lake-Sumter State College had an average net price — the price paid after factoring in grants and loans — of $5,457. Between 2020 and 2021, the average net price of Lake-Sumter State College grew by 3.6%.

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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

$8,001
Room and Board
$2,000
Books and Supplies

The average yearly cost of room and board at Lake-Sumter State College was of $8,001 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $2,000. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

53%
Undergraduates Receiving Financial Aid through Grants
41%
Undergraduates Receiving Financial Aid through Loans

53% of undergraduate students at Lake-Sumter State College received financial aid through grants or loans in 2021. This represents a growth of 23.3% with respect to 2020, when 43% of undergraduate students received financial aid.

This chart compares the average award discount at Lake-Sumter 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.

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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.
3.5%
2019 Default Rate
12
Number of Defaults

In 2019 the default rate for borrower's at Lake-Sumter State College was 3.5%, which represents 12 out of the 343 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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bookEnrollment

Lake-Sumter State College had a total enrollment of 4,342 students in 2021. The full-time enrollment at Lake-Sumter State College is 1,390 students and the part-time enrollment is 2,952. This means that 32% of students enrolled at Lake-Sumter State College are enrolled full-time.

The enrolled student population at Lake-Sumter State College, both undergraduate and graduate, is 53.1% White, 22.4% Hispanic or Latino, 10.5% Black or African American, 5.04% Asian, 3.36% Two or More Races, 0.622% American Indian or Alaska Native, and 0.23% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lake-Sumter State College in full-time Undergraduate programs are most commonly White Female (31.4%), followed by White Male (20.5%) and Hispanic or Latino Female (14.3%).

Full-Time vs Part-Time Enrollment

32%
Full-Time Enrollment

The total enrollment at Lake-Sumter State College in 2021, both undergraduate and graduate, is 4,342 students. The full-time enrollment at Lake-Sumter State College is 1,390 and the part-time enrollment is 2,952. This means that 32% of students enrolled at Lake-Sumter State College are enrolled full-time compared with 42.4% at similar Baccalaureate/Associates Colleges.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. White
    2,307 enrolled students
  2. Hispanic or Latino
    974 enrolled students
  3. Black or African American
    456 enrolled students

The enrolled student population at Lake-Sumter State College is 53.1% White, 22.4% Hispanic or Latino, 10.5% Black or African American, 5.04% Asian, 3.36% Two or More Races, 0.622% American Indian or Alaska Native, and 0.23% 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 Baccalaureate/Associates Colleges is 43.3% White, 26.7% Hispanic or Latino, and 13.8% 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, 161 students (3.71%) did not report their race.

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learningGraduates

In 2021, 305 more women than men received degrees from Lake-Sumter State College. The most common race/ethnicity group of degree recipients at Lake-Sumter State College is white (646 degrees awarded). There were 2.62 times more white recipients than the next closest race/ethnicity group, hispanic or latino (247 degrees).

The most common Associates Degree concentration at Lake-Sumter State College is Liberal Arts & Sciences (809 degrees awarded), followed by Registered Nursing (58 degrees) and General Engineering Technology (26 degrees).

In 2021,  the most specialized majors across all degree types at Lake-Sumter State College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Science Technologies (69 degrees awarded), Liberal Arts & Humanities (809 degrees), and Construction (26 degrees).

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-Sumter State College are Registered nurses (1,340,970 people), Medical & health services managers (150,819 people), Nurse practitioners & nurse midwives (132,471 people), Pharmacists (131,906 people), and Other managers (120,099 people).

The most specialized majors at Lake-Sumter State College in 2021 are Science Technologies (69 degrees awarded), Liberal Arts & Humanities (809 degrees), Construction (26 degrees), Engineering Technologies (45 degrees), and Health (121 degrees) (as of 2021).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake-Sumter State College are Surgeons, Cardiovascular technologists and technicians, Broadcast announcers and radio disc jockeys, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at Lake-Sumter State College are Science Technologies (69 degrees awarded), Liberal Arts & Humanities (809 degrees), Construction (26 degrees), Engineering Technologies (45 degrees), and Health (121 degrees) (as of 2021).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lake-Sumter State College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,477,508 people), Elementary & secondary schools (320,733 people), Outpatient care centers (224,751 people), Offices of physicians (199,541 people), and Colleges, universities & professional schools, including junior colleges (162,501 people).

The most specialized majors at Lake-Sumter State College are Science Technologies (69 degrees awarded), Liberal Arts & Humanities (809 degrees), Construction (26 degrees), Engineering Technologies (45 degrees), and Health (121 degrees) (as of 2021).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lake-Sumter State College.
Most Common (2021)
  1. 809 degrees awarded
  2. 58 degrees awarded
  3. 26 degrees awarded

In 2021, the most common associates degree concentration at Lake-Sumter State College was Liberal Arts & Sciences with 809 degrees awarded.

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

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Sex Breakdown for Common Majors

417
Degrees Awarded to Men
in 2021
722
Degrees Awarded to Women
in 2021

In 2021, 417 degrees were awarded to men at Lake-Sumter State College, which is 0.578 times less than the number of degrees awarded to females (722).

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

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Most Common Male Majors

In 2021, 278 degrees were awarded to men at Lake-Sumter State College in Liberal Arts & Sciences, which is 0.524 times less than the 531 female recipients with that same degree.

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Most Common Female Majors

In 2021, 531 degrees were awarded to men at Lake-Sumter State College in Liberal Arts & Sciences, which is 1.91 times more than the 278 male recipients with that same degree.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Female
Highest Graduation Rate (84.6%)

The student demographic with the highest graduation rate in 2021 at Lake-Sumter State College is Female and Hispanic or Latino (84.6% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 10.3% of graduates (23 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. White
    646 degrees awarded
  2. Hispanic or Latino
    247 degrees awarded
  3. Black or African American
    81 degrees awarded

The most common race/ethnicity at Lake-Sumter State College is white (646 degrees awarded). There were 2.62 times more white recipients than the next closest race/ethnicity group, hispanic or latino (247 degrees).

4.92% of degree recipients (56 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    397 degrees awarded
  2. White Male
    249 degrees awarded
  3. Hispanic or Latino Female
    161 degrees awarded

The most common race/ethnicity and sex grouping at Lake-Sumter State College is white female (397 degrees awarded). There were 1.59 times more white female recipients than the next closest race/ethnicity group, white male (249 degrees).

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briefcaseOperations

Lake-Sumter State College has an endowment valued at nearly $12.3M, as of the end of the 2021 fiscal year. The return on its endowment was of 67.4k (0.549%) compared to the 1.05% average return (152k on 14.5M) across all Baccalaureate/Associates Colleges.

In 2021, Lake-Sumter State College had a total salary expenditure of 41.9M. Lake-Sumter State College employs 26 Assistant professors, 23 Instructors and 8 Associate professors. Most academics at Lake-Sumter State College are Female Assistant professor (16), Female Instructor (12), and Male Instructor (11).

The most common positions for non-instructional staff at Lake-Sumter State College are: Management, with 52 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 33 employees, and Office and Administrative Support with 30 employees.

Endowment

$12.3M
2021 Endowment
11.5%
growth from 2020

Lake-Sumter State College has an endowment valued at about $12.3M, as of the end of the 2021 fiscal year. The endowment of Lake-Sumter State College grew 11.5% from the previous year. The value of their endowment was $2.2M lower than than the median endowment of Baccalaureate/Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lake-Sumter 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 Baccalaureate/Associates Colleges: Associates Dominant Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $96.4k - Federal
  2. $146k - State
  3. $1.69M - Local

As of 2021, Lake-Sumter State College received $96.4k in grants and contracts from the federal government, $146k from state grants and contracts, and $1.69M from local grants and contracts.

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Salary Expenditure

$14.8M
2021 Salaries
4.6%
growth from 2020

In 2021, Lake-Sumter State College paid a median of $14.8M in salaries, which represents 35.3% of their overall expenditure ($41.9M) and a 4.6% growth from the previous year.

The median for similar Baccalaureate/Associates Colleges is 12.8M (34.8% of overall expenditures).

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Instructional Salaries

$2.98M
Instructional Salaries
61
Number of Employees

In 2021, Lake-Sumter State College paid a total of $2.98M to 61 employees working as instructors, which represents 20.2% of all salaries paid.

This is compared to a median of $3.32M (26%) for similar Baccalaureate/Associates Colleges.

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Occupations by Share

Assistant professor
Most Common Instructor
26 Employees
Management
Most Common Non-Instructional Employee
52 Employees

In 2021, the most common positions for instructional staff at Lake-Sumter State College were Assistant professor with 26 employees, Instructor with 23 employees, and Associate professor with 8 employees.

In 2021, the most common positions for non-instructional staff at Lake-Sumter State College were Management with 52 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 33 employees, and Office and Administrative Support with 30 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2021)
  1. Female Assistant professor
  2. Female Instructor
  3. Male Instructor

In 2021, the most common demographic for instructional staff at Lake-Sumter State College was Female Assistant professor with 16 employees, Female Instructor with 12 employees, and Male Instructor with 11 employees.

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

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