Laurel Technical Institute (408729)

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2020 Undergraduate Tuition
$10,172
2.75% growth from 2019
2020 Average Net Price
$6,432
After Financial Aid
2018 Student Loan
7.23%
Default Rate
2020 Acceptance Rate
94.4%
71 Applicants
2020 Enrolled Students
78
96.2% Full-Time
2020 Graduation Rate
60%
18 Graduates

About

Laurel Technical Institute (408729) is a higher education institution located in Crawford County, PA. In 2016, the most popular Bachelor's Degree concentrations at Laurel Technical Institute (408729) were .

In 2020, 75 degrees were awarded across all undergraduate and graduate programs at Laurel Technical Institute (408729). 84% of these degrees were awarded to women, and 16% awarded men. The most common race/ethnicity group of degree recipients was white (64 degrees), 21.3 times more than then the next closest race/ethnicity group, black or african american (3 degrees).

The median undergraduate tuition at Laurel Technical Institute (408729) is $10,172, which is $2,192 more than the national average for Associates Colleges ($7,980).

Costs

The median undergraduate tuition at Laurel Technical Institute (408729) 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 $6,432.

In 2020, 73% of undergraduate students attending Laurel Technical Institute (408729) received financial aid through grants. Comparatively, 80% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$10,172
2020 Undergraduate Tuition

In 2020, the cost of tuition at Laurel Technical Institute (408729) was $10,172. The cost of tuition at Laurel Technical Institute (408729) is $2,192 more than than the overall (public and private) national average for Associates Colleges ($7,980).

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Average Net Price

$6,432
2020 Value
8.19%
1 Year Growth

In 2020 Laurel Technical Institute (408729) had an average net price — the price paid after factoring in grants and loans — of $6,432. Between 2019 and 2020, the average net price of Laurel Technical Institute (408729) grew by 8.19%.

This chart compares the average net price of Laurel Technical Institute (408729) (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

$3,240
Room and Board
$1,242
Books and Supplies

The average yearly cost of room and board at Laurel Technical Institute (408729) was of $3,240 in 2020. During the same period, the average yearly cost of books and supplies was $1,242. The cost of room and board did not change between 2019 and 2020. The cost of books and supplies decreased by 19.6% during the same period.

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Financial Aid

Financial Aid by Income Level

73%
Undergraduates Receiving Financial Aid through Grants
80%
Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Laurel Technical Institute (408729) received financial aid through grants or loans in 2020. This represents a growth of 4.29% with respect to 2019, when 70% of undergraduate students received financial aid.

This chart compares the average award discount at Laurel Technical Institute (408729) (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.
7.23%
2018 Default Rate
12
Number of Defaults

In 2018 the default rate for borrower's at Laurel Technical Institute (408729) 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.

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Admissions

Laurel Technical Institute (408729) received 71 undergraduate applications in 2020, which represents a 9.23% annual growth. Out of those 71 applicants, 67 students were accepted for enrollment, representing a 94.4% acceptance rate.

There were 78 students enrolled at Laurel Technical Institute (408729) in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Laurel Technical Institute (408729) has an overall enrollment yield of 49.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

94.4%
Acceptance Rate in 2020
67
Accepted Out of 71

In 2020, the undergraduate acceptance rate of Laurel Technical Institute (408729) was 94.4% (67 admissions from 71 applications). This is higher than the acceptance rate of 2019, which was 92.3%. Between 2019 and 2020, the number of applicants grew by 9.23%, while admissions grew by 11.7%.

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SAT Scores

N/A%
Submission Percentage
N/A
Scores Submitted

N/A% of enrolled first-time students at Laurel Technical Institute (408729) 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.

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Enrollment

Laurel Technical Institute (408729) has a total enrollment of 78 students. The full-time enrollment at Laurel Technical Institute (408729) is 75 students and the part-time enrollment is 3. This means that 96.2% of students enrolled at Laurel Technical Institute (408729) are enrolled full-time.

The enrolled student population at Laurel Technical Institute (408729), both undergraduate and graduate, is 92.3% White, 5.13% Black or African American, 1.28% Two or More Races, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Hispanic or Latino, and 0% American Indian or Alaska Native.

Students enrolled at Laurel Technical Institute (408729) in full-time Undergraduate programs are most commonly White Female (77.3%), followed by White Male (14.7%) and Black or African American Female (5.33%). 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

96.2%
Full-Time Enrollment

The total enrollment at Laurel Technical Institute (408729), both undergraduate and graduate, is 78 students. The full-time enrollment at Laurel Technical Institute (408729) is 75 and the part-time enrollment is 3. This means that 96.2% of students enrolled at Laurel Technical Institute (408729) 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 (408729) (in red) compares to similar universities.

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Retention Rate over Time

79%
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 (408729) was 79%. Compared with the full-time retention rate at similar Associates Colleges (60%), Laurel Technical Institute (408729) had a retention rate higher than its peers.

This chart shows the retention rate over time at Laurel Technical Institute (408729) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    72
  2. Black or African American
    4
  3. Two or More Races
    1

The enrolled student population at Laurel Technical Institute (408729) is 92.3% White, 5.13% Black or African American, 1.28% Two or More Races, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 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.

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Graduates

In 2020, 51 more women than men received degrees from Laurel Technical Institute (408729). The most common race/ethnicity group of degree recipients at Laurel Technical Institute (408729) is white (64 degrees awarded). There were 21.3 times more white graduates than the next closest race/ethnicity group, black or african american (3 degrees).

The most common Bachelor's Degree concentration at Laurel Technical Institute (408729) is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Laurel Technical Institute (408729), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (18 degrees awarded), Computer and Information Sciences and Support Services (10 degrees), and Health (27 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Laurel Technical Institute (408729) are Elementary & middle school teachers (1,863,626 people), Registered nurses (1,407,454 people), Accountants & auditors (1,074,919 people), Other managers (788,003 people), and Software developers (548,420 people).

The most specialized majors at Laurel Technical Institute (408729) are Personal & Culinary Services (18 degrees awarded), Computer and Information Sciences and Support Services (10 degrees), Health (27 degrees), Business (6 degrees), and Education (2 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Laurel Technical Institute (408729) are Chief executives & legislators, Magnetic resonance imaging technologists, Surgeons, Physicians, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Laurel Technical Institute (408729) are Personal & Culinary Services (18 degrees awarded), Computer and Information Sciences and Support Services (10 degrees), Health (27 degrees), Business (6 degrees), and Education (2 degrees).

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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 Laurel Technical Institute (408729) are Elementary & secondary schools (3,227,279 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,823,105 people), Computer Systems Design (930,406 people), Colleges, universities & professional schools, including junior colleges (651,471 people), and Banking & related activities (548,734 people).

The most specialized majors at Laurel Technical Institute (408729) are Personal & Culinary Services (18 degrees awarded), Computer and Information Sciences and Support Services (10 degrees), Health (27 degrees), Business (6 degrees), and Education (2 degrees).

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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 (408729).
Most Common
  1. N/A
    N/A degree-majorss awarded
  2. N/A
    N/A degree-majorss awarded
  3. N/A
    N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Laurel Technical Institute (408729) 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 (408729) according to their major.

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Sex Breakdown for Common Majors

12
Degrees Awarded to Men
in 2020
63
Degrees Awarded to Women
in 2020

In 2020, 12 degrees were awarded to men at Laurel Technical Institute (408729), which is 0.19 times less than the number of degrees awarded to females (63).

This chart displays the sex disparity between the top 5 majors at Laurel Technical Institute (408729) by degrees awarded.

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Most Common Male Majors

In false, 10 degrees were awarded to men at Laurel Technical Institute (408729) in Network & System Administration, which is Infinityk times more than the 0 female recipients with that same degree.

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Most Common Female Majors

In false, 17 degrees were awarded to women at Laurel Technical Institute (408729) in Medical Assistant, which is Infinityk times more than the 0 male recipients with that same degree.

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Time to Complete

47%
100% Completion Time
50%
150% Completion Time

In 2020, 47% of students graduating from Laurel Technical Institute (408729) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 50% completed their degrees within 150% of the normal time, and 50% 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.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Laurel Technical Institute (408729) is Female and Black or African American (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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    64 degrees awarded
  2. Black or African American
    3 degrees awarded
  3. Two or More Races
    3 degrees awarded

The most common race/ethnicity at Laurel Technical Institute (408729) is white (64 degrees awarded). There were 21.3 times more white recipients than the next closest race/ethnicity group, black or african american (3 degrees).

4% of degree recipients (3 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    52 degrees awarded
  2. White Male
    12 degrees awarded
  3. Black or African American Female
    3 degrees awarded

The most common race/ethnicity and sex grouping at Laurel Technical Institute (408729) is white female (52 degrees awarded). There were 4.33 times more white female recipients than the next closest race/ethnicity group, white male (12 degrees).

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Operations

Laurel Technical Institute (408729) 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 (408729) had a total salary expenditure of $1.69M. Laurel Technical Institute (408729) employs 9 Instructors, 0 N/A, and 0 N/A. Most academics at Laurel Technical Institute (408729) are Female Instructors (8), Male Instructors(1), and N/A (0).

The most common positions for non-instructional staff at Laurel Technical Institute (408729) are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 4 employees, Management, with 3 employees, and Business and Financial Operations with 1 employees.

Finances

Endowment

0%
growth from 2019

This line chart shows how the endowment at Laurel Technical Institute (408729) (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 Nontraditional Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $0 - Federal
  2. $0 - State
  3. $0 - Local

As of 2020, Laurel Technical Institute (408729) received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$782k
2020 Salaries
9.55%
growth from 2019

In 2020, Laurel Technical Institute (408729) paid a median of $782k in salaries, which represents 46.4% of their overall expenditure ($1.69M) and a 9.55% growth from the previous year. This is compared to a 0.519% decline from 2018 and a 5.32% decline from 2017.

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

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Instructional Salaries

$303k
Instructional Salaries
9
Number of Employees

In 2020, Laurel Technical Institute (408729) paid a total of $303k to 9 employees working as instructors, which represents 38.7% of all salaries paid.

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

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Faculty and Staff

Occupations by Share

Instructor
Most Common Instructor
9 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
4 Employees

In 2020, the most common positions for instructional staff at Laurel Technical Institute (408729) were Instructor with 9 employees; false with 0 employees; and false with 0 employees.

In 2020, the most common positions for non-instructional staff at Laurel Technical Institute (408729) were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 4 employees; Management with 3 employees; and Business and Financial Operations with 1 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Female Instructor
  2. Male Instructor

In 2020, the most common demographic for instructional staff at Laurel Technical Institute (408729) was Female Instructor with 8 employees, and Male Instructor with 1 employees.

This chart shows the sex split between each academic rank present at Laurel Technical Institute (408729).

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