Lake Technical College

www.laketech.org

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2022 Average Net Price

$5,333

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

744

60.6% Full-Time

About

Lake Technical College is a higher education institution located in Lake County, FL. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lake Technical College were Welding Technology (48 degrees awarded), Emergency Medical Technician (EMT Paramedic) (44 degrees), and General Cosmetology (30 degrees).

In 2022, 527 degrees were awarded across all undergraduate and graduate programs at Lake Technical College. 41.4% of these degrees were awarded to women, and 58.6% awarded men. The most common race/ethnicity group of degree recipients was white (317 degrees), 2.71 times more than then the next closest race/ethnicity group, hispanic or latino (117 degrees).

In 2020 the default rate for borrower's at Lake Technical College was 0%, corresponding to 0 out of the 3 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 $5,333.

In 2022, 92% of undergraduate students attending Lake Technical College received financial aid through grants.

Average Net Price

$5,333

2022 Value

54.9%

1 Year Growth

In 2022 Lake Technical College had an average net price — the price paid after factoring in grants and loans — of $5,333. Between 2021 and 2022, the average net price of Lake Technical College grew by 54.9%.

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.

Financial Aid by Income Level

92%

Undergraduates Receiving Financial Aid through Grants

92% of undergraduate students at Lake Technical College received financial aid through grants or loans in 2022. This represents a growth of 21.1% with respect to 2021, when 76% 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.

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 Technical College was 0%, which represents 0 out of the 3 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 Technical College had a total enrollment of 744 students in 2022. The full-time enrollment at Lake Technical College is 451 students and the part-time enrollment is 293. This means that 60.6% of students enrolled at Lake Technical College are enrolled full-time.

The enrolled student population at Lake Technical College, both undergraduate and graduate, is 58.7% White, 20% Hispanic or Latino, 14% Black or African American, 3.23% Two or More Races, 2.28% American Indian or Alaska Native, 1.21% Asian, and 0.538% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lake Technical College in full-time Undergraduate programs are most commonly White Male (35%), followed by White Female (22%) and Hispanic or Latino Male (10.9%).

Full-Time vs Part-Time Enrollment

60.6%

Full-Time Enrollment

The total enrollment at Lake Technical College in 2022, both undergraduate and graduate, is 744 students. The full-time enrollment at Lake Technical College is 451 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.

Retention Rate over Time

79%

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 Technical College was 79%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
437 enrolled students
Hispanic or Latino
149 enrolled students
Black or African American
104 enrolled students

The enrolled student population at Lake Technical College is 58.7% White, 20% Hispanic or Latino, 14% Black or African American, 3.23% Two or More Races, 2.28% American Indian or Alaska Native, 1.21% Asian, and 0.538% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 91 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 (317 degrees awarded). There were 2.71 times more white recipients than the next closest race/ethnicity group, hispanic or latino (117 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lake Technical College is Welding Technology (48 degrees awarded), followed by Emergency Medical Technician (EMT Paramedic) (44 degrees) and General Cosmetology (30 degrees).

In 2022, 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 (66 degrees awarded), Protective Services (161 degrees), and Personal & Culinary Services (75 degrees).

Common Jobs by Major

Registered nurses

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 Registered nurses (1,406,116 people), Medical & health services managers (158,568 people), Nurse practitioners & nurse midwives (141,473 people), Other managers (135,525 people), and Pharmacists (135,184 people).

The most specialized majors at Lake Technical College in 2022 are Precision Production (66 degrees awarded), Protective Services (161 degrees), Personal & Culinary Services (75 degrees), Mechanical Technologies (34 degrees), and Engineering Technologies (13 degrees) (as of 2022).

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, Surgeons, Physicians, Chief executives & legislators, and Photographic process workers & processing machine operators

The most specialized majors at Lake Technical College are Precision Production (66 degrees awarded), Protective Services (161 degrees), Personal & Culinary Services (75 degrees), Mechanical Technologies (34 degrees), and Engineering Technologies (13 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

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 General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,517,223 people), Justice, public order, & safety activities (335,404 people), Elementary & secondary schools (284,883 people), Outpatient care centers (252,440 people), and Offices of physicians (208,222 people).

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 (2022)

Welding Technology
48 degrees awarded
Emergency Medical Technician (EMT Paramedic)
44 degrees awarded
General Cosmetology
30 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Lake Technical College was Welding Technology with 48 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.

Sex Breakdown for Common Majors

309

Degrees Awarded to Men

in 2022

218

Degrees Awarded to Women

in 2022

In 2022, 309 degrees were awarded to men at Lake Technical College, which is 1.42 times more than the number of degrees awarded to females (218).

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

Most Common Male Majors

In 2022, 53 degrees were awarded to men at Lake Technical College in Criminal Justice - Police Science, which is 3.79 times more than the 14 female recipients with that same degree.

Most Common Female Majors

In 2022, 28 degrees were awarded to men at Lake Technical College in General Cosmetology, which is 14 times more than the 2 male recipients with that same degree.

Time to Complete

55%

100% Completion Time

79%

150% Completion Time

In 2022, 55% of students graduating from Lake Technical College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 79% completed their degrees within 150% of the normal time, and 79% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

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

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
317 degrees awarded
Hispanic or Latino
117 degrees awarded
Black or African American
63 degrees awarded

The most common race/ethnicity at Lake Technical College is white (317 degrees awarded). There were 2.71 times more white recipients than the next closest race/ethnicity group, hispanic or latino (117 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
192 degrees awarded
White Female
125 degrees awarded
Hispanic or Latino Male
66 degrees awarded

The most common race/ethnicity and sex grouping at Lake Technical College is white male (192 degrees awarded). There were 1.54 times more white male recipients than the next closest race/ethnicity group, white female (125 degrees).

Operations

Salary Expenditure

$4.86M

2022 Salaries

1.72%

growth from 2021

In 2022, Lake Technical College paid a median of $4.86M in salaries, a 1.72% growth from the previous year. This is compared to a 2.07% decline between 2020 and 2021, and a 4.31% growth between 2019 and 2020.

The median for similar is 668k (13.2% of overall expenditures).

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