Lake Technical College

www.laketech.org

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2023 Average Net Price
$15,231
After Financial Aid
2022 Default Rate
0%
on Student Loans
2023 Enrolled Students
822
64.4% Full-Time
2014 Graduation Rate
70%
243 Graduates

About

Lake Technical College is a higher education institution located in Lake County, FL. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lake Technical College were Licensed Practical & Vocational Nurse Training (62 degrees awarded), Welding Technology (54 degrees), and Emergency Medical Technician (EMT Paramedic) (54 degrees).

In 2023, 682 degrees were awarded across all undergraduate and graduate programs at Lake Technical College. 43% of these degrees were awarded to women, and 57% awarded men. The most common race/ethnicity group of degree recipients was white (400 degrees), 2.58 times more than then the next closest race/ethnicity group, hispanic or latino (155 degrees).

In 2022 the default rate for borrower's at Lake Technical College was 0%, corresponding to 0 out of the 2 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $15,231.

In 2023, 52% of undergraduate students attending Lake Technical College received financial aid through grants.

Average Net Price

$15,231
2023 Value
186%
1 Year Growth

In 2023 Lake Technical College had an average net price — the price paid after factoring in grants and loans — of $15,231. Between 2022 and 2023, the average net price of Lake Technical College grew by 186%.

This chart compares the average net price of Lake Technical 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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Financial Aid by Income Level

52%
Undergraduates Receiving Financial Aid through Grants

52% of undergraduate students at Lake Technical College received financial aid through grants or loans in 2023. This represents a decline of 43.5% with respect to 2022, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at Lake Technical 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.
0%
2022 Default Rate
0
Number of Defaults

In 2022 the default rate for borrower's at Lake Technical College was 0%, which represents 0 out of the 2 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 Technical College had a total enrollment of 822 students in 2023. The full-time enrollment at Lake Technical College is 529 students and the part-time enrollment is 293. This means that 64.4% of students enrolled at Lake Technical College are enrolled full-time.

The enrolled student population at Lake Technical College, both undergraduate and graduate, is 59.4% White, 24.1% Hispanic or Latino, 13% Black or African American, 1.7% Asian, 1.34% Two or More Races, 0.243% Native Hawaiian or Other Pacific Islanders, and 0.243% American Indian or Alaska Native.

Students enrolled at Lake Technical College in full-time Undergraduate programs are most commonly White Male (33.2%), followed by White Female (24.1%) and Hispanic or Latino Male (11.2%).

Full-Time vs Part-Time Enrollment

64.4%
Full-Time Enrollment

The total enrollment at Lake Technical College in 2023, both undergraduate and graduate, is 822 students. The full-time enrollment at Lake Technical College is 529 and the part-time enrollment is 293.

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

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Retention Rate over Time

28%
2023 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 Technical College was 28%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    488 enrolled students
  2. Hispanic or Latino
    198 enrolled students
  3. Black or African American
    107 enrolled students

The enrolled student population at Lake Technical College is 59.4% White, 24.1% Hispanic or Latino, 13% Black or African American, 1.7% Asian, 1.34% Two or More Races, 0.243% Native Hawaiian or Other Pacific Islanders, and 0.243% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 96 fewer women than men received degrees from Lake Technical College. The most common race/ethnicity group of degree recipients at Lake Technical College is white (400 degrees awarded). There were 2.58 times more white recipients than the next closest race/ethnicity group, hispanic or latino (155 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lake Technical College is Licensed Practical & Vocational Nurse Training (62 degrees awarded), followed by Welding Technology (54 degrees) and Emergency Medical Technician (EMT Paramedic) (54 degrees).

In 2023,  the most specialized majors across all degree types at Lake Technical College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (75 degrees awarded), Protective Services (158 degrees), and Personal & Culinary Services (87 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 Technical College are Police officers (134,729 people), Other managers (100,134 people), Software developers (44,228 people), Elementary & middle school teachers (34,722 people), and Lawyers, & judges, magistrates, & other judicial workers (34,018 people).

The most specialized majors at Lake Technical College in 2023 are Precision Production (75 degrees awarded), Protective Services (158 degrees), Personal & Culinary Services (87 degrees), Mechanical Technologies (48 degrees), and Agriculture (19 degrees) (as of 2023).

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Highest Paying Jobs by Major

Cardiovascular technologists and technicians
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake Technical College are Cardiovascular technologists and technicians, Physicians, Chief executives & legislators, Surgeons, and Nurse anesthetists

The most specialized majors at Lake Technical College are Precision Production (75 degrees awarded), Protective Services (158 degrees), Personal & Culinary Services (87 degrees), Mechanical Technologies (48 degrees), and Agriculture (19 degrees) (as of 2023).

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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 Technical College are Justice, public order, & safety activities (313,312 people), uninformed (194,482 people), Elementary & secondary schools (100,813 people), Construction (77,582 people), and Colleges, universities & professional schools, including junior colleges (69,997 people).

The most specialized majors at Lake Technical College are Precision Production (75 degrees awarded), Protective Services (158 degrees), Personal & Culinary Services (87 degrees), Mechanical Technologies (48 degrees), and Agriculture (19 degrees) (as of 2023).

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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 Technical College.
Most Common (2023)
  1. Licensed Practical & Vocational Nurse Training
    62 degrees awarded
  2. Welding Technology
    54 degrees awarded
  3. Emergency Medical Technician (EMT Paramedic)
    54 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Lake Technical College was Licensed Practical & Vocational Nurse Training with 62 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Lake Technical College according to their major.

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Sex Breakdown for Common Majors

389
Degrees Awarded to Men
in 2023
293
Degrees Awarded to Women
in 2023

In 2023, 389 degrees were awarded to men at Lake Technical College, which is 1.33 times more than the number of degrees awarded to females (293).

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

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Most Common Male Majors

In 2023, 72 degrees were awarded to men at Lake Technical College in Criminal Justice - Police Science, which is 9 times more than the 8 female recipients with that same degree.

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Most Common Female Majors

In 2023, 52 degrees were awarded to men at Lake Technical College in Licensed Practical & Vocational Nurse Training, which is 5.2 times more than the 10 male recipients with that same degree.

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Time to Complete

64%
100% Completion Time
70%
150% Completion Time

In 2023, 64% of students graduating from Lake Technical College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 73% within 200%.

The following chart shows these completion rates over time compared to the average for the 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2014 at Lake Technical College is Female and Two or More Races (100% graduation rate). Across all , Asian Female students have the highest graduation rate (74.3%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    400 degrees awarded
  2. Hispanic or Latino
    155 degrees awarded
  3. Black or African American
    91 degrees awarded

The most common race/ethnicity at Lake Technical College is white (400 degrees awarded). There were 2.58 times more white recipients than the next closest race/ethnicity group, hispanic or latino (155 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Male
    237 degrees awarded
  2. White Female
    163 degrees awarded
  3. Hispanic or Latino Male
    85 degrees awarded

The most common race/ethnicity and sex grouping at Lake Technical College is white male (237 degrees awarded). There were 1.45 times more white male recipients than the next closest race/ethnicity group, white female (163 degrees).

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Operations

Salary Expenditure

$5.02M
2023 Salaries
3.27%
growth from 2022

In 2023, Lake Technical College paid a median of $5.02M in salaries, a 3.27% growth from the previous year. This is compared to a 1.72% growth between 2021 and 2022, and a 2.07% decline between 2020 and 2021.

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