Lakes Region Community College

www.lrcc.edu

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2019 Undergraduate Tuition

$6,450

6.25% growth from 2018

2019 Average Net Price

$15,409

After Financial Aid

2017 Student Loan

14.8%

Default Rate

2019 Enrolled Students

700

41.6% Full-Time

2018 Graduation Rate

31%

49 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 2019, 188 degrees were awarded across all undergraduate and graduate programs at Lakes Region Community College. 37.8% of these degrees were awarded to women, and 62.2% awarded men. The most common race/ethnicity group of degree recipients was white (143 degrees), 3.49 times more than then the next closest race/ethnicity group, unknown (41 degrees).

The median undergraduate tuition at Lakes Region Community College is $6,450, which is $−1,374 less than the national average for Associates Colleges ($7,824).

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 $−1,374 less than the national average for Associates Colleges ($7,824).

After taking grants and loans into account, the average net price for students is $15,409.

In 2019, 49% of undergraduate students received federal grants, while 50% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$6,450

2019 Undergraduate Tuition

In 2019, the cost of tuition at Lakes Region Community College was $6,450. The cost of tuition at Lakes Region Community College is $−1,374 less than than the overall (public and private) national average for Associates Colleges ($7,824).

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

Average Net Price

$15,409

2019 Value

5.42%

1 Year Growth

In 2019 Lakes Region Community College had an average net price — the price paid after factoring in grants and loans — of $15,409. Between 2018 and 2019, the average net price of Lakes Region Community College grew by 5.42%.

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

$12,190

Room and Board

$1,400

Books and Supplies

The average yearly cost of room and board at Lakes Region Community College was of $12,190 in 2019. During the same period, the average yearly cost of books and supplies was $1,400. The cost of room and board decreased by 0.91% between 2018 and 2019. 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

49%

Of Undergraduates Receive Grants

50%

Of Undergraduates Receive Federal Loans

49% of undergraduate students at Lakes Region Community College received grants or loans in 2019. This represents a decline of 7.55% with respect to 2018, when 53% 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.

14.8%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Lakes Region Community College was 14.8%, which represents 57 out of the 386 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 700 students. The full-time enrollment at Lakes Region Community College is 291 students and the part-time enrollment is 409. This means that 41.6% 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 79.6% White, 3.14% Two or More Races, 1.71% Hispanic or Latino, 1% Asian, 0.571% Black or African American, 0.286% 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 (47.4%), followed by White Female (30.6%) and Two or More Races Female (2.41%). 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

41.6%

Full-Time Enrollment

The total enrollment at Lakes Region Community College, both undergraduate and graduate, is 700 students. The full-time enrollment at Lakes Region Community College is 291 and the part-time enrollment is 409. This means that 41.6% of students enrolled at Lakes Region Community College are enrolled full-time compared with 34.9% 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

63%

2019 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 63%. Compared with the full-time retention rate at similar Associates Colleges (61%), Lakes Region Community College had a retention rate higher 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
557
Two or More Races
22
Hispanic or Latino
12

The enrolled student population at Lakes Region Community College is 79.6% White, 3.14% Two or More Races, 1.71% Hispanic or Latino, 1% Asian, 0.571% Black or African American, 0.286% 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% White, 26.9% Hispanic or Latino, and 12.5% Black or African American.

Graduates

In 2019, 46 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 (143 degrees awarded). There were 3.49 times more white graduates than the next closest race/ethnicity group, unknown (41 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 (48 degrees awarded), Communication Technologies (6 degrees), and Protective Services (30 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 (133,099 people), Other managers (68,677 people), Software developers (38,313 people), Probation officers & correctional treatment specialists (37,755 people), and Lawyers, & judges, magistrates, & other judicial workers (28,889 people).

The most specialized majors at Lakes Region Community College are Mechanical Technologies (48 degrees awarded), Communication Technologies (6 degrees), Protective Services (30 degrees), Personal & Culinary Services (15 degrees), and Engineering Technologies (9 degrees).

Highest Paying Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

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 Lawyers, & judges, magistrates, & other judicial workers, Chief executives & legislators, Physicians, Real estate brokers & sales agents, and Personal financial advisors

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 (316,374 people), Elementary & secondary schools (61,287 people), Computer Systems Design (56,194 people), Construction (54,276 people), and Restaurants & Food Services (39,054 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.

Gender Breakdown for Common Majors

117

Degrees Awarded to Men

in 2019

Degrees Awarded to Women

in 2019

In 2019, 117 degrees were awarded to men at Lakes Region Community College, which is 1.65 times more than the number of degrees awarded to females (71).

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

Most Common Male Majors

In false, 23 degrees were awarded to men at Lakes Region Community College in General Electrical Equipment Installation & Repair, which is Infinityk times more than the 0 female recipients with that same degree.

Most Common Female Majors

In false, 10 degrees were awarded to women at Lakes Region Community College in General Business Administration & Management, which is 2 times more than the 5 male recipients with that same degree.

Time to Complete

22%

100% Completion Time

31%

150% Completion Time

In 2019, 22% 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, 31% completed their degrees within 150% of the normal time, and 39% 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 Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate at Lakes Region Community College is Female and Two or More Races (66.7% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (69.1%).

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, 14.3% of graduates (7 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
143 degrees awarded
Unknown
41 degrees awarded
Asian
2 degrees awarded

The most common race/ethnicity at Lakes Region Community College is white (143 degrees awarded). There were 3.49 times more white recipients than the next closest race/ethnicity group, unknown (41 degrees).

21.8% of degree recipients (41 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Male
90 degrees awarded
White Female
53 degrees awarded
Asian Male
1 degrees awarded

The most common race/ethnicity and gender grouping at Lakes Region Community College is white male (90 degrees awarded). There were 1.7 times more white male recipients than the next closest race/ethnicity group, white female (53 degrees).

Operations

Lakes Region Community College has an endowment valued at nearly $166k, as of the end of the 2019 fiscal year. The return on its endowment was of $98.8k (59.4%), compared to the 5.92% average return ($255k on $4.3M) across all Associates Colleges.

In 2019, Lakes Region Community College had a total salary expenditure of $11M. Lakes Region Community College employs 13 Professors, 6 Assistant professors, and 2 Instructors. Most academics at Lakes Region Community College are Female Professors (8), Male Assistant professors(6), and Male Professors (5).

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, Business and Financial Operations, with 4 employees, and Service with 4 employees.

Finances

Endowment

$166k

2019 Endowment

5.38%

growth from 2018

Lakes Region Community College has an endowment valued at about $166k, as of the end of the 2019 fiscal year. The endowment of Lakes Region Community College grew 5.38% from the previous year. The value of their endowment was $4.14M 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

$67.8k - Federal
$101k - State
$26.7k - Local

As of 2019, Lakes Region Community College received $67.8k in grants and contracts from the federal government, $101k from state grants and contracts, and $26.7k from local grants and contracts.

Expenses

Salary Expenditure

$4.78M

2019 Salaries

18.8%

decline from 2018

In 2019, Lakes Region Community College paid a median of $4.78M in salaries, which represents 43.6% of their overall expenditure ($11M) and a 18.8% decline from the previous year. This is compared to a 0.365% decline from 2017 and a 5.09% decline from 2016.

The median for similar Associates Colleges is 16.6M (44.7% of overall expenditures).

Instructional Salaries

$1.55M

Instructional Salaries

Number of Employees

In 2019, Lakes Region Community College paid a total of $1.55M to 23 employees working as instructors, which represents 32.3% of all salaries paid.

This is compared to a median of $5.1M (30.7%) for similar Associates Colleges.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

13 Employees

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

Most Common Non-Instructional Employee

11 Employees

In 2019, the most common positions for instructional staff at Lakes Region Community College were Professor with 13 employees; Assistant professor with 6 employees; and Assistant professor with 2 employees.

In 2019, 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; Business and Financial Operations with 4 employees; and Service with 4 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Female Professor
Male Assistant professor
Male Professor

In 2019, the most common demographic for instructional staff at Lakes Region Community College was Female Professor with 8 employees, Male Assistant professor with 6 employees, and Male Professor with 5 employees.

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

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