Lakes Region Community College

www.lrcc.edu

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2020 Undergraduate Tuition

$6,450

0% growth from 2019

2020 Average Net Price

$16,741

After Financial Aid

2018 Student Loan

11%

Default Rate

2020 Enrolled Students

697

32.4% Full-Time

2020 Graduation Rate

38.3%

67 Graduates

About

Lakes Region Community College is a higher education institution located in Belknap County, NH. In 2016, the most popular Bachelor's Degree concentrations at Lakes Region Community College were .

In 2020, 129 degrees were awarded across all undergraduate and graduate programs at Lakes Region Community College. 48.8% of these degrees were awarded to women, and 51.2% awarded men. The most common race/ethnicity group of degree recipients was white (113 degrees), 8.69 times more than then the next closest race/ethnicity group, unknown (13 degrees).

The median undergraduate tuition at Lakes Region Community College is $6,450, which is $−1,530 less than the national average for Associates Colleges ($7,980).

Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional Associates Colleges

Costs

The median undergraduate tuition at Lakes Region Community College is $6,450, which is $−1,530 less than the national average for Associates Colleges ($7,980).

After taking grants and loans into account, the average net price for students is $16,741.

In 2020, 67% of undergraduate students attending Lakes Region Community College received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$6,450

2020 Undergraduate Tuition

In 2020, the cost of tuition at Lakes Region Community College was $6,450. The cost of tuition at Lakes Region Community College is $−1,530 less than than the overall (public and private) national average for Associates Colleges ($7,980).

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

Average Net Price

$16,741

2020 Value

8.64%

1 Year Growth

In 2020 Lakes Region Community College had an average net price — the price paid after factoring in grants and loans — of $16,741. Between 2019 and 2020, the average net price of Lakes Region Community College grew by 8.64%.

This chart compares the average net price of Lakes Region Community 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

$13,821

Room and Board

$1,400

Books and Supplies

The average yearly cost of room and board at Lakes Region Community College was of $13,821 in 2020. During the same period, the average yearly cost of books and supplies was $1,400. The cost of room and board increased by 13.4% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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

Financial Aid

Financial Aid by Income Level

67%

Undergraduates Receiving Financial Aid through Grants

45%

Undergraduates Receiving Financial Aid through Loans

67% of undergraduate students at Lakes Region Community College received financial aid through grants or loans in 2020. This represents a growth of 36.7% with respect to 2019, when 49% of undergraduate students received financial aid.

This chart compares the average award discount at Lakes Region Community 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.

11%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Lakes Region Community College was 11%, which represents 43 out of the 390 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

Lakes Region Community College has a total enrollment of 697 students. The full-time enrollment at Lakes Region Community College is 226 students and the part-time enrollment is 471. This means that 32.4% of students enrolled at Lakes Region Community College are enrolled full-time.

The enrolled student population at Lakes Region Community College, both undergraduate and graduate, is 82.6% White, 3.16% Hispanic or Latino, 1.87% Two or More Races, 1.72% Black or African American, 0.717% Asian, 0.287% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lakes Region Community College in full-time Undergraduate programs are most commonly White Male (50%), followed by White Female (30.5%) and Hispanic or Latino Female (3.54%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

32.4%

Full-Time Enrollment

The total enrollment at Lakes Region Community College, both undergraduate and graduate, is 697 students. The full-time enrollment at Lakes Region Community College is 226 and the part-time enrollment is 471. This means that 32.4% of students enrolled at Lakes Region Community College are enrolled full-time compared with 34.4% at similar Associates Colleges.

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

Retention Rate over Time

52%

2020 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 Lakes Region Community College was 52%. Compared with the full-time retention rate at similar Associates Colleges (60%), Lakes Region Community College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
576
Hispanic or Latino
22
Two or More Races
13

The enrolled student population at Lakes Region Community College is 82.6% White, 3.16% Hispanic or Latino, 1.87% Two or More Races, 1.72% Black or African American, 0.717% Asian, 0.287% American Indian or Alaska Native, and 0% 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 Associates Colleges is 44.5% White, 26.8% Hispanic or Latino, and 12.2% Black or African American.

Graduates

In 2020, 3 fewer women than men received degrees from Lakes Region Community College. The most common race/ethnicity group of degree recipients at Lakes Region Community College is white (113 degrees awarded). There were 8.69 times more white graduates than the next closest race/ethnicity group, unknown (13 degrees).

The most common Bachelor's Degree concentration at Lakes Region Community College is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Lakes Region Community College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Mechanical Technologies (31 degrees awarded), Protective Services (23 degrees), and Engineering Technologies (9 degrees).

Workforce

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 Lakes Region Community College are Police officers (123,092 people), Other managers (68,220 people), Software developers (33,638 people), Probation officers & correctional treatment specialists (30,662 people), and Security guards & gaming surveillance officers (28,348 people).

The most specialized majors at Lakes Region Community College are Mechanical Technologies (31 degrees awarded), Protective Services (23 degrees), Engineering Technologies (9 degrees), Communication Technologies (1 degrees), and Personal & Culinary Services (6 degrees).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lakes Region Community College are Chief executives & legislators, Cardiovascular technologists and technicians, Physicians, Economists, and Other financial clerks

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 Lakes Region Community College are Justice, public order, & safety activities (290,757 people), Elementary & secondary schools (63,287 people), Computer Systems Design (58,082 people), Construction (48,839 people), and Colleges, universities & professional schools, including junior colleges (38,077 people).

Degrees

Majors Awarded

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

Most Common

N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Lakes Region Community College was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Lakes Region Community College according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 66 degrees were awarded to men at Lakes Region Community College, which is 1.05 times more than the number of degrees awarded to females (63).

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

Most Common Male Majors

In false, 21 degrees were awarded to men at Lakes Region Community College in Automobile Mechanics Technology, which is 21 times more than the 1 female recipients with that same degree.

Most Common Female Majors

In false, 14 degrees were awarded to women at Lakes Region Community College in Registered Nursing, which is 14 times more than the 1 male recipients with that same degree.

Time to Complete

32%

100% Completion Time

41%

150% Completion Time

In 2020, 32% of students graduating from Lakes Region Community College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 41% completed their degrees within 150% of the normal time, and 42% 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.

Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Male

Highest Graduation Rate (51.3%)

The student demographic with the highest graduation rate at Lakes Region Community College is Male and White (51.3% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (72.4%).

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, 23.9% of graduates (16 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
113 degrees awarded
Unknown
13 degrees awarded
Native Hawaiian or Other Pacific Islanders
2 degrees awarded

The most common race/ethnicity at Lakes Region Community College is white (113 degrees awarded). There were 8.69 times more white recipients than the next closest race/ethnicity group, unknown (13 degrees).

10.1% of degree recipients (13 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Male
58 degrees awarded
White Female
55 degrees awarded
Native Hawaiian or Other Pacific Islanders Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Lakes Region Community College is white male (58 degrees awarded). There were 1.05 times more white male recipients than the next closest race/ethnicity group, white female (55 degrees).

Operations

Lakes Region Community College has an endowment valued at nearly $171k, as of the end of the 2020 fiscal year. The return on its endowment was of $82.4k (48.2%), compared to the 5.11% average return ($226k on $4.42M) across all Associates Colleges.

In 2020, Lakes Region Community College had a total salary expenditure of $11.4M. Lakes Region Community College employs 11 Professors, 6 Associate professors, and 5 Assistant professors. Most academics at Lakes Region Community College are Female Professors (7), Male Assistant professors(5), and Male Professors (4).

The most common positions for non-instructional staff at Lakes Region Community College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 11 employees, Service, with 4 employees, and Office and Administrative Support with 4 employees.

Finances

Endowment

$171k

2020 Endowment

2.85%

growth from 2019

Lakes Region Community College has an endowment valued at about $171k, as of the end of the 2020 fiscal year. The endowment of Lakes Region Community College grew 2.85% from the previous year. The value of their endowment was $4.25M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lakes Region Community 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: Mixed Transfer/Career & Technical-High Nontraditional Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$170k - Federal
$76.3k - State
$35.3k - Local

As of 2020, Lakes Region Community College received $170k in grants and contracts from the federal government, $76.3k from state grants and contracts, and $35.3k from local grants and contracts.

Expenses

Salary Expenditure

$5.12M

2020 Salaries

7.03%

growth from 2019

In 2020, Lakes Region Community College paid a median of $5.12M in salaries, which represents 45% of their overall expenditure ($11.4M) and a 7.03% growth from the previous year. This is compared to a 18.8% decline from 2018 and a 0.365% decline from 2017.

The median for similar Associates Colleges is 16.8M (43.6% of overall expenditures).

Instructional Salaries

$1.65M

Instructional Salaries

Number of Employees

In 2020, Lakes Region Community College paid a total of $1.65M to 24 employees working as instructors, which represents 32.3% of all salaries paid.

This is compared to a median of $4.98M (29.6%) for similar Associates Colleges.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

11 Employees

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

Most Common Non-Instructional Employee

11 Employees

In 2020, the most common positions for instructional staff at Lakes Region Community College were Professor with 11 employees; Associate professor with 6 employees; and Associate professor with 5 employees.

In 2020, the most common positions for non-instructional staff at Lakes Region Community College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 11 employees; Service with 4 employees; and Office and Administrative Support with 4 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Female Professor
Male Assistant professor
Male Professor

In 2020, the most common demographic for instructional staff at Lakes Region Community College was Female Professor with 7 employees, Male Assistant professor with 5 employees, and Male Professor with 4 employees.

This chart shows the sex split between each academic rank present at Lakes Region Community College.

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