Laurel Technical Institute

www.laurel.edu

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2020 Undergraduate Tuition

$10,172

2.75% growth from 2019

2020 Average Net Price

$4,663

After Financial Aid

2018 Student Loan

7.23%

Default Rate

2020 Acceptance Rate

94.3%

70 Applicants

2020 Enrolled Students

122

90.2% Full-Time

2020 Graduation Rate

59.2%

29 Graduates

About

Laurel Technical Institute is a higher education institution located in Mercer County, PA. In 2016, the most popular Bachelor's Degree concentrations at Laurel Technical Institute were .

In 2020, 100 degrees were awarded across all undergraduate and graduate programs at Laurel Technical Institute. 66% of these degrees were awarded to women, and 34% awarded men. The most common race/ethnicity group of degree recipients was white (82 degrees), 5.86 times more than then the next closest race/ethnicity group, black or african american (14 degrees).

The median undergraduate tuition at Laurel Technical Institute is $10,172, which is $2,192 more than the national average for Associates Colleges ($7,980).

Associates Colleges: High Career & Technical-High Traditional Associates Colleges

Costs

The median undergraduate tuition at Laurel Technical Institute is $10,172, which is $2,192 more than the national average for Associates Colleges ($7,980).

After taking grants and loans into account, the average net price for students is $4,663.

In 2020, 79% of undergraduate students received federal grants, while 74% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$10,172

2020 Undergraduate Tuition

In 2020, the cost of tuition at Laurel Technical Institute was $10,172. The cost of tuition at Laurel Technical Institute is $2,192 more than than the overall (public and private) national average for Associates Colleges ($7,980).

This chart compares the tuition costs of Laurel Technical Institute (in red) with those of other similar universities.

Average Net Price

$4,663

2020 Value

12.7%

1 Year Growth

In 2020 Laurel Technical Institute had an average net price — the price paid after factoring in grants and loans — of $4,663. Between 2019 and 2020, the average net price of Laurel Technical Institute grew by 12.7%.

This chart compares the average net price of Laurel Technical Institute (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

$3,240

Room and Board

$1,113

Books and Supplies

The average yearly cost of room and board at Laurel Technical Institute was of $3,240 in 2020. During the same period, the average yearly cost of books and supplies was $1,113. The cost of room and board did not change between 2019 and 2020. The cost of books and supplies decreased by 15.9% during the same period.

This chart compares the average student costs at Laurel Technical Institute (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

79%

Of Undergraduates Receive Grants

74%

Of Undergraduates Receive Federal Loans

79% of undergraduate students at Laurel Technical Institute received grants or loans in 2020. This represents a decline of 3.66% with respect to 2019, when 82% of undergraduate students received financial aid.

This chart compares the average award discount at Laurel Technical Institute (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.

7.23%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Laurel Technical Institute was 7.23%, which represents 12 out of the 166 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.

Admissions

Laurel Technical Institute received 70 undergraduate applications in 2020, which represents a 18.6% annual decline. Out of those 70 applicants, 66 students were accepted for enrollment, representing a 94.3% acceptance rate.

There were 122 students enrolled at Laurel Technical Institute in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Laurel Technical Institute has an overall enrollment yield of 60.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

94.3%

Acceptance Rate in 2020

Accepted Out of 70

In 2020, the undergraduate acceptance rate of Laurel Technical Institute was 94.3% (66 admissions from 70 applications). This is higher than the acceptance rate of 2019, which was 91.9%. Between 2019 and 2020, the number of applicants declined by −18.6%, while admissions declined by −16.5%.

This chart compares the acceptance rate of Laurel Technical Institute (in red) with that of other similar universities.

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Laurel Technical Institute in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Laurel Technical Institute has a total enrollment of 122 students. The full-time enrollment at Laurel Technical Institute is 110 students and the part-time enrollment is 12. This means that 90.2% of students enrolled at Laurel Technical Institute are enrolled full-time.

The enrolled student population at Laurel Technical Institute, both undergraduate and graduate, is 79.5% White, 11.5% Black or African American, 6.56% Two or More Races, 1.64% Native Hawaiian or Other Pacific Islanders, 0% Asian, 0% Hispanic or Latino, and 0% American Indian or Alaska Native.

Students enrolled at Laurel Technical Institute in full-time Undergraduate programs are most commonly White Female (49.1%), followed by White Male (30%) and Black or African American Male (7.27%). 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

90.2%

Full-Time Enrollment

The total enrollment at Laurel Technical Institute, both undergraduate and graduate, is 122 students. The full-time enrollment at Laurel Technical Institute is 110 and the part-time enrollment is 12. This means that 90.2% of students enrolled at Laurel Technical Institute are enrolled full-time compared with 34.4% at similar Associates Colleges.

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

Retention Rate over Time

60%

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 Laurel Technical Institute was 60%. Compared with the full-time retention rate at similar Associates Colleges (60%), Laurel Technical Institute had a retention rate approximately the same as its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
97
Black or African American
14
Two or More Races
8

The enrolled student population at Laurel Technical Institute is 79.5% White, 11.5% Black or African American, 6.56% Two or More Races, 1.64% Native Hawaiian or Other Pacific Islanders, 0% Asian, 0% Hispanic or Latino, and 0% 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 Associates Colleges is 44.5% White, 26.8% Hispanic or Latino, and 12.2% Black or African American.

Graduates

In 2020, 32 more women than men received degrees from Laurel Technical Institute. The most common race/ethnicity group of degree recipients at Laurel Technical Institute is white (82 degrees awarded). There were 5.86 times more white graduates than the next closest race/ethnicity group, black or african american (14 degrees).

The most common Bachelor's Degree concentration at Laurel Technical Institute is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Laurel Technical Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (16 degrees awarded), Precision Production (10 degrees), and Personal & Culinary Services (14 degrees).

Workforce

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 Laurel Technical Institute are Registered nurses (1,377,885 people), Software developers (515,969 people), Other managers (161,011 people), Medical & health services managers (147,640 people), and Pharmacists (135,479 people).

The most specialized majors at Laurel Technical Institute are Construction (16 degrees awarded), Precision Production (10 degrees), Personal & Culinary Services (14 degrees), Health (51 degrees), and Computer and Information Sciences and Support Services (5 degrees).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Laurel Technical Institute are Surgeons, Physicians, Architectural & engineering managers, Radiologic technologists and technicians, and Lawyers, & judges, magistrates, & other judicial workers

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 Laurel Technical Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,487,776 people), Computer Systems Design (547,559 people), Elementary & secondary schools (248,407 people), Outpatient care centers (230,436 people), and Offices of physicians (226,187 people).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Laurel Technical Institute.

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 Laurel Technical Institute was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Laurel Technical Institute according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 34 degrees were awarded to men at Laurel Technical Institute, which is 0.515 times less than the number of degrees awarded to females (66).

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

Most Common Male Majors

In false, 16 degrees were awarded to men at Laurel Technical Institute in Electrician, which is Infinityk times more than the 0 female recipients with that same degree.

Most Common Female Majors

In false, 16 degrees were awarded to women at Laurel Technical Institute in Medical Assistant, which is Infinityk times more than the 0 male recipients with that same degree.

Time to Complete

76%

100% Completion Time

76%

150% Completion Time

In 2020, 76% of students graduating from Laurel Technical Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 76% completed their degrees within 150% of the normal time, and 76% 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.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Laurel Technical Institute is Male and Two or More Races (100% 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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
82 degrees awarded
Black or African American
14 degrees awarded
Hispanic or Latino
2 degrees awarded

The most common race/ethnicity at Laurel Technical Institute is white (82 degrees awarded). There were 5.86 times more white recipients than the next closest race/ethnicity group, black or african american (14 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
54 degrees awarded
White Male
28 degrees awarded
Black or African American Female
9 degrees awarded

The most common race/ethnicity and sex grouping at Laurel Technical Institute is white female (54 degrees awarded). There were 1.93 times more white female recipients than the next closest race/ethnicity group, white male (28 degrees).

Operations

Laurel Technical Institute has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 5.11% average return ($226k on $4.42M) across all Associates Colleges.

In 2020, Laurel Technical Institute had a total salary expenditure of $2.89M. Laurel Technical Institute employs 15 Instructors, 0 N/A, and 0 N/A. Most academics at Laurel Technical Institute are Female Instructors (9), Male Instructors(6), and N/A (0).

The most common positions for non-instructional staff at Laurel Technical Institute are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 3 employees, Natural Resources, Construction, and Maintenance, with 2 employees, and Business and Financial Operations with 1 employees.

Finances

Endowment

growth from 2019

This line chart shows how the endowment at Laurel Technical Institute (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: High Career & Technical-High Traditional Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2020, Laurel Technical Institute received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$1.19M

2020 Salaries

2.4%

growth from 2019

In 2020, Laurel Technical Institute paid a median of $1.19M in salaries, which represents 41% of their overall expenditure ($2.89M) and a 2.4% growth from the previous year. This is compared to a 4.69% growth from 2018 and a 3.4% decline from 2017.

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

Instructional Salaries

$594k

Instructional Salaries

Number of Employees

In 2020, Laurel Technical Institute paid a total of $594k to 15 employees working as instructors, which represents 50% 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

Instructor

Most Common Instructor

15 Employees

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

Most Common Non-Instructional Employee

3 Employees

In 2020, the most common positions for instructional staff at Laurel Technical Institute were Instructor with 15 employees; false with 0 employees; and false with 0 employees.

In 2020, the most common positions for non-instructional staff at Laurel Technical Institute were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees; Natural Resources, Construction, and Maintenance with 2 employees; and Business and Financial Operations with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Female Instructor
Male Instructor

In 2020, the most common demographic for instructional staff at Laurel Technical Institute was Female Instructor with 9 employees, and Male Instructor with 6 employees.

This chart shows the sex split between each academic rank present at Laurel Technical Institute.

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