Laurel Technical Institute (408729)

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2017 Undergraduate Tuition
$9,414
7.05% growth from 2016
2017 Average Net Price
$7,561
After Financial Aid
2016 Student Loan
8.68%
Default Rate
2017 Acceptance Rate
77.9%
77 Applicants
2017 Enrolled Students
96
90.6% Full-Time

About

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

In N/A, N/A degrees were awarded across all undergraduate and graduate programs at Laurel Technical Institute (408729). N/A of these degrees were awarded to women, and N/A awarded men. The majority of degree recipients were N/A (N/A degrees), N/A times N/A then the next closest race/ethnicity group, N/A (N/A degrees).

The median undergraduate tuition at Laurel Technical Institute (408729) is $9,414, which is $N/A N/A the national average for N/A ($N/A).

Costs

The median undergraduate tuition at Laurel Technical Institute (408729) is $9,414, which is $N/A N/A the national average for N/A ($N/A).

After taking grants and loans into account, the average net price for students is $7,561.

In 2017, 82% of undergraduate students received federal grants, while 68% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$9,414
2017 Undergraduate Tuition

In 2017, the cost of tuition at Laurel Technical Institute (408729) was $9,414. The cost of tuition at Laurel Technical Institute (408729) is $N/A N/A than the overall (public and private) national average for N/A ($N/A).

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Average Net Price

$7,561
2017 Value
3.73%
1 Year Growth

In 2017 Laurel Technical Institute (408729) had an average net price — the price paid after factoring in grants and loans — of $7,561. Between 2016 and 2017, the average net price of Laurel Technical Institute (408729) grew by 3.73%.

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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
$1,638
Books and Supplies

The average yearly cost of room and board at Laurel Technical Institute (408729) was of $3,240 in 2017. During the same period, the average yearly cost of books and supplies was $1,638. The cost of room and board did not change between 2016 and 2017. The cost of books and supplies increased by 16.2% during the same period.

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Financial Aid

Financial Aid by Income Level

82%
Of Undergraduates Receive Grants
68%
Of Undergraduates Receive Federal Loans

82% of undergraduate students at Laurel Technical Institute (408729) received grants or loans in 2017. This represents a growth of 2.5% with respect to 2016, when 80% 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.
8.68%
2016 Default Rate
19
Number of Defaults

In 2016 the default rate for borrower's at Laurel Technical Institute (408729) was 8.68%, which represents 19 out of the 219 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 77 undergraduate applications in 2017, which represents a 30% annual decline. Out of those 77 applicants, 60 students were accepted for enrollment, representing a 77.9% acceptance rate.

There were 96 students enrolled at Laurel Technical Institute (408729) in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Laurel Technical Institute (408729) has an overall enrollment yield of 53.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

77.9%
Acceptance Rate in 2017
60
Accepted Out of 77

In 2017, the undergraduate acceptance rate of Laurel Technical Institute (408729) was 77.9% (60 admissions from 77 applications). This is lower than the acceptance rate of 2016, which was 100%. Between 2016 and 2017, the number of applicants declined by -30%, while admissions declined by -45.5%.

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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 2017 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 96 students. The full-time enrollment at Laurel Technical Institute (408729) is 87 students and the part-time enrollment is 9. This means that 90.6% 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 93.8% White, 2.08% Black or African American, 1.04% Hispanic or Latino, 1.04% Two or More Races, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Laurel Technical Institute (408729) in full-time Undergraduate programs are majority White Female (75.9%), followed by White Male (19.5%) and Black or African American Female (1.15%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

90.6%
Full-Time Enrollment

The total enrollment at Laurel Technical Institute (408729), both undergraduate and graduate, is 96 students. The full-time enrollment at Laurel Technical Institute (408729) is 87 and the part-time enrollment is 9. This means that 90.6% of students enrolled at Laurel Technical Institute (408729) are enrolled full-time compared with N/A% at similar N/A.

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

50%
2017 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 50%. Compared with the full-time retention rate at similar N/A (N/A%), Laurel Technical Institute (408729) had a retention rate N/A 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
    90
  2. Black or African American
    2
  3. Hispanic or Latino
    1

The enrolled student population at Laurel Technical Institute (408729) is 93.8% White, 2.08% Black or African American, 1.04% Hispanic or Latino, 1.04% Two or More Races, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 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 N/A is .

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Graduates

In N/A, N/A N/A women than men received degrees from Laurel Technical Institute (408729). The majority of degree recipients at Laurel Technical Institute (408729) are N/A (N/A degrees awarded). There were N/A times more N/A graduates than the next closest race/ethnicity group, N/A (N/A 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 N/A.

Workforce

Common Jobs by Major

N/A
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 (408729) are N/A.

The most specialized majors at Laurel Technical Institute (408729) are N/A.

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Highest Paying Jobs by Major

N/A
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 (408729) are N/A

The most specialized majors at Laurel Technical Institute (408729) are N/A.

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Common Industries by Major

N/A
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 N/A.

The most specialized majors at Laurel Technical Institute (408729) are N/A.

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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 N/A, the most common bachelors degree concentration at Laurel Technical Institute (408729) was N/A with N/A degree-majorss 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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Gender Breakdown for Common Majors

Degrees Awarded to Men
  1. N/A
  2. N/A

In N/A, N/A degrees were awarded to men at Laurel Technical Institute (408729), which is N/A times N/A the number of degrees awarded to females (N/A).

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

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Most Common Male Majors

In N/A, N/A degrees were awarded to men at Laurel Technical Institute (408729) in N/A, which is N/A times N/A the N/A female recipients with that same degree.

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Most Common Female Majors

In N/A, N/A degrees were awarded to women at Laurel Technical Institute (408729) in N/A, which is N/A times N/A the N/A male recipients with that same degree.

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Time to Complete

61%
100% Completion Time
61%
150% Completion Time

In 2017, 61% 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, 61% completed their degrees within 150% of the normal time, and 61% within 200%.

The following chart shows these completion rates over time compared to the average for the N/A 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 Gender

Showing demographic groups with ≥ 5 graduating students.
N/A
Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Laurel Technical Institute (408729) is N/A and N/A (N/A% graduation rate). Across all N/A, Asian Female students have the highest graduation rate (68.1%).

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, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. N/A
    N/A degrees awarded
  2. N/A
    N/A degrees awarded
  3. N/A
    N/A degrees awarded

The most common race/ethnicity at Laurel Technical Institute (408729) is N/A (N/A degrees awarded). There were N/A times N/A N/A recipients than the next closest race/ethnicity group, N/A (N/A degrees).

N/A% of degree recipients (N/A students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. N/A
    N/A degrees awarded
  2. N/A
    N/A degrees awarded
  3. N/A
    N/A degrees awarded

The most common race/ethnicity and gender grouping at Laurel Technical Institute (408729) is N/A (N/A degrees awarded). There were N/A times N/A N/A recipients than the next closest race/ethnicity group, N/A (N/A degrees).

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Operations

Laurel Technical Institute (408729) has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the N/A% average return ($N/A on $N/A) across all N/A.

In 2017, Laurel Technical Institute (408729) had a total salary expenditure of $1.58M. 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: Management, with 2 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 2 employees, and Business and Financial Operations with 1 employees.

Finances

Endowment

$N/A
2017 Endowment
0%
growth from 2016

Laurel Technical Institute (408729) has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Laurel Technical Institute (408729) stayed 0% from the previous year. The value of their endowment was $N/A N/A than the median endowment of N/A according to the Carnegie Classification grouping.

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 N/A Carnegie Classification grouping.

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Government Grants and Contracts

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

As of 2017, 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

$758k
2017 Salaries
1.45%
decline from 2016

In 2017, Laurel Technical Institute (408729) paid a median of $758k in salaries, which represents 48.1% of their overall expenditure ($1.58M) and a 1.45% decline from the previous year. This is compared to a 27.5% growth from 2015 and a 11.3% decline from 2014.

The median for similar N/A is N/A (N/A% of overall expenditures).

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Instructional Salaries

$269k
Instructional Salaries
9
Number of Employees

In 2017, Laurel Technical Institute (408729) paid a total of $269k to 9 employees working as instructors, which represents 35.5% of all salaries paid.

This is compared to a median of $4.65M (31.1%) for similar Associates Colleges.

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Faculty and Staff

Occupations by Share

Instructor
Most Common Instructor
9 Employees
Management
Most Common Non-Instructional Employee
2 Employees

In 2017, 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 2017, the most common positions for non-instructional staff at Laurel Technical Institute (408729) were Management with 2 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 2 employees; and Business and Financial Operations with 1 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Female Instructor
  2. Male Instructor
  3. false

In 2017, the most common demographic for instructional staff at Laurel Technical Institute (408729) was Female Instructor with 8 employees, Male Instructor with 1 employees, and false with 0 employees.

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

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