Lakeland University

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2022 Undergraduate Tuition
$30,400
1.5% growth from 2021
2022 Average Net Price
$21,611
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Acceptance Rate
99.5%
1,230 Applicants
2022 Enrolled Students
2,406
34.5% Full-Time
2022 Graduation Rate
51.3%
98 Graduates

About

Lakeland University is a higher education institution located in Sheboygan County, WI. In 2022, the most popular Bachelors Degree concentrations at Lakeland University were Other Business Administration, Management, & Operations (166 degrees awarded), Accounting (88 degrees), and General Computer & Information Sciences (42 degrees).

In 2022, 710 degrees were awarded across all undergraduate and graduate programs at Lakeland University. 63.7% of these degrees were awarded to women, and 36.3% awarded men. The most common race/ethnicity group of degree recipients was white (555 degrees), 13.2 times more than then the next closest race/ethnicity group, asian (42 degrees).

The median undergraduate tuition at Lakeland University is $30,400, which is $6,404 more than the national average for Masters Colleges and Universities ($23,996).

In 2020 the default rate for borrower's at Lakeland University was 0%, corresponding to 0 out of the 694 total borrowers.

Costs

In 2022, the median undergraduate tuition at Lakeland University is $30,400, which is $6,404 more than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $21,611.

In 2022, 82% of undergraduate students attending Lakeland University received financial aid through grants. Comparatively, 75% of undergraduate students received financial aid through loans.

Tuition Costs

$30,400
2022 Undergraduate Tuition

In 2022, the cost of tuition at Lakeland University was $30,400. The cost of tuition at Lakeland University is $6,404 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

This chart compares the tuition costs of Lakeland University (in red) with those of other similar universities.

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Average Net Price

$21,611
2022 Value
0.657%
1 Year Growth

In 2022 Lakeland University had an average net price — the price paid after factoring in grants and loans — of $21,611. Between 2021 and 2022, the average net price of Lakeland University grew by 0.657%.

This chart compares the average net price of Lakeland University (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

$9,209
Room and Board
$1,100
Books and Supplies

The average yearly cost of room and board at Lakeland University was of $9,209 in 2022. The cost of room and board increased by 10.5% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,100. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Lakeland University (in red) with that of similar universities.

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Financial Aid by Income Level

82%
Undergraduates Receiving Financial Aid through Grants
75%
Undergraduates Receiving Financial Aid through Loans

82% of undergraduate students at Lakeland University received financial aid through grants or loans in 2022. This represents a growth of 26.2% with respect to 2021, when 65% of undergraduate students received financial aid.

This chart compares the average award discount at Lakeland University (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%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Lakeland University was 0%, which represents 0 out of the 694 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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Admissions

Lakeland University received 1,230 undergraduate applications in 2022, which represents a 11.7% annual growth. Out of those 1,230 applicants, 1,224 students were accepted for enrollment, representing a 99.5% acceptance rate.

There were 2,406 students enrolled at Lakeland University in 2022. 31% of first-time enrollees submitted SAT scores with their applications.

Lakeland University has an overall enrollment yield of 18.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

99.5%
Acceptance Rate in 2022
1,224
Accepted Out of 1,230

In 2022, the undergraduate acceptance rate of Lakeland University was 99.5% (1,224 admissions from 1,230 applications). This is higher than the acceptance rate of 2021, which was 80.1%. Between 2021 and 2022, the number of applicants grew by 11.7%, while admissions grew by 38.8%.

This chart compares the acceptance rate of Lakeland University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

31%
Submission Percentage (2019)
66
Scores Submitted (2019)

31% of enrolled first-time students at Lakeland University in 2019 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Lakeland University had a total enrollment of 2,406 students in 2022. The full-time enrollment at Lakeland University is 830 students and the part-time enrollment is 1,576. This means that 34.5% of students enrolled at Lakeland University are enrolled full-time.

The enrolled student population at Lakeland University, both undergraduate and graduate, is 70.8% White, 7.9% Hispanic or Latino, 5.65% Black or African American, 4.78% Asian, 1.7% Two or More Races, and 0.998% American Indian or Alaska Native.

Students enrolled at Lakeland University in full-time Undergraduate programs are most commonly White Female (30.7%), followed by White Male (25.8%) and Black or African American Male (7.32%). Students enrolled in full-time Graduate programs are most commonly White Female (60%), followed by White Male (18.5%) and Black or African American Male (4.62%).

Full-Time vs Part-Time Enrollment

34.5%
Full-Time Enrollment

The total enrollment at Lakeland University in 2022, both undergraduate and graduate, is 2,406 students. The full-time enrollment at Lakeland University is 830 and the part-time enrollment is 1,576. This means that 34.5% of students enrolled at Lakeland University are enrolled full-time compared with 67.6% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

60%
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 Lakeland University was 60%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Lakeland University had a retention rate lower than its peers.

This chart shows the retention rate over time at Lakeland University (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    1,704 enrolled students
  2. Hispanic or Latino
    190 enrolled students
  3. Black or African American
    136 enrolled students

The enrolled student population at Lakeland University is 70.8% White, 7.9% Hispanic or Latino, 5.65% Black or African American, 4.78% Asian, 1.7% Two or More Races, and 0.998% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 51.2% White, 17.3% Hispanic or Latino, and 13% 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, 166 students (6.9%) did not report their race.

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Graduates

In 2022, 194 more women than men received degrees from Lakeland University. The most common race/ethnicity group of degree recipients at Lakeland University is white (555 degrees awarded). There were 13.2 times more white recipients than the next closest race/ethnicity group, asian (42 degrees).

The most common Bachelor's Degree concentration at Lakeland University is Other Business Administration, Management, & Operations (166 degrees awarded), followed by Accounting (88 degrees) and General Computer & Information Sciences (42 degrees).

In 2022,  the most specialized majors across all degree types at Lakeland University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (463 degrees awarded), Parks, Recreation, & Leisure (16 degrees), and Computer and Information Sciences and Support Services (42 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 Lakeland University are Accountants & auditors (1,068,813 people), Other managers (885,082 people), Software developers (725,534 people), Financial managers (531,192 people), and Chief executives & legislators (440,434 people).

The most specialized majors at Lakeland University in 2022 are Business (463 degrees awarded), Parks, Recreation, & Leisure (16 degrees), Computer and Information Sciences and Support Services (42 degrees), Psychology (31 degrees), and Math & Statistics (7 degrees) (as of 2022).

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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 Lakeland University are Surgeons, Securities, commodities, & financial services sales agents, Physicians, Cardiovascular technologists and technicians, and Architectural & engineering managers

The most specialized majors at Lakeland University are Business (463 degrees awarded), Parks, Recreation, & Leisure (16 degrees), Computer and Information Sciences and Support Services (42 degrees), Psychology (31 degrees), and Math & Statistics (7 degrees) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lakeland University are Computer Systems Design (1,148,238 people), Elementary & secondary schools (987,779 people), Colleges, universities & professional schools, including junior colleges (650,118 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (581,483 people), and Banking & related activities (577,060 people).

The most specialized majors at Lakeland University are Business (463 degrees awarded), Parks, Recreation, & Leisure (16 degrees), Computer and Information Sciences and Support Services (42 degrees), Psychology (31 degrees), and Math & Statistics (7 degrees) (as of 2022).

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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 Lakeland University.
Most Common (2022)
  1. 166 degrees awarded
  2. 88 degrees awarded
  3. 42 degrees awarded

In 2022, the most common bachelors degree concentration at Lakeland University was Other Business Administration, Management, & Operations with 166 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Lakeland University according to their major.

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Sex Breakdown for Common Majors

258
Degrees Awarded to Men
in 2022
452
Degrees Awarded to Women
in 2022

In 2022, 258 degrees were awarded to men at Lakeland University, which is 0.571 times less than the number of degrees awarded to females (452).

This chart displays the sex disparity between the top 5 majors at Lakeland University by degrees awarded.

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Most Common Male Majors

In 2022, 121 degrees were awarded to men at Lakeland University in Other Business Administration, Management, & Operations, which is 0.579 times less than the 209 female recipients with that same degree.

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Most Common Female Majors

In 2022, 209 degrees were awarded to men at Lakeland University in Other Business Administration, Management, & Operations, which is 1.73 times more than the 121 male recipients with that same degree.

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Time to Complete

41%
100% Completion Time
46%
150% Completion Time

In 2022, 41% of students graduating from Lakeland University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 46% completed their degrees within 150% of the normal time, and 47% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Lakeland University is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, 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, 1.02% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    555 degrees awarded
  2. Asian
    42 degrees awarded
  3. Black or African American
    39 degrees awarded

The most common race/ethnicity at Lakeland University is white (555 degrees awarded). There were 13.2 times more white recipients than the next closest race/ethnicity group, asian (42 degrees).

1.69% of degree recipients (12 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    362 degrees awarded
  2. White Male
    193 degrees awarded
  3. Asian Male
    23 degrees awarded

The most common race/ethnicity and sex grouping at Lakeland University is white female (362 degrees awarded). There were 1.88 times more white female recipients than the next closest race/ethnicity group, white male (193 degrees).

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Operations

Lakeland University has an endowment valued at nearly $18.8M, as of the end of the 2022 fiscal year. The return on its endowment was of −4.44M (−23.6%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Lakeland University had a total salary expenditure of 39.3M. Lakeland University employs 10 Assistant professors, 9 Associate professors and 7 Professors. Most academics at Lakeland University are Female Assistant professor (7), Male Associate professor (5), and Male Professor (4).

The most common positions for non-instructional staff at Lakeland University are: Management, with 48 employees, Service, with 36 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 32 employees.

Endowment

$18.8M
2022 Endowment
12.3%
decline from 2021

Lakeland University has an endowment valued at about $18.8M, as of the end of the 2022 fiscal year. The endowment of Lakeland University declined 12.3% from the previous year. The value of their endowment was $27.8M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lakeland University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

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Salary Expenditure

$16M
2022 Salaries
0.0457%
growth from 2021

In 2022, Lakeland University paid a median of $16M in salaries, which represents 40.6% of their overall expenditure ($39.3M) and a 0.0457% growth from the previous year. This is compared to a 13.8% growth between 2020 and 2021, and a 1.25% growth between 2019 and 2020.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

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Instructional Salaries

$1.7M
Instructional Salaries
27
Number of Employees

In 2022, Lakeland University paid a total of $1.7M to 27 employees working as instructors, which represents 10.7% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

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Occupations by Share

Assistant professor
Most Common Instructor
10 Employees
Management
Most Common Non-Instructional Employee
48 Employees

In 2022, the most common positions for instructional staff at Lakeland University were Assistant professor with 10 employees, Associate professor with 9 employees, and Professor with 7 employees.

In 2022, the most common positions for non-instructional staff at Lakeland University were Management with 48 employees, Service with 36 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 32 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female Assistant professor
  2. Male Associate professor
  3. Male Professor

In 2022, the most common demographic for instructional staff at Lakeland University was Female Assistant professor with 7 employees, Male Associate professor with 5 employees, and Male Professor with 4 employees.

This chart shows the sex split between each academic rank present at Lakeland University.

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