Laurel Technical Institute (408729)

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    2022 Undergraduate Tuition
    $10,680
    8.51% growth from 2021
    2022 Average Net Price
    $8,680
    After Financial Aid
    2022 Acceptance Rate
    60%
    15 Applicants
    2022 Enrolled Students
    21
    95.2% Full-Time
    2022 Graduation Rate
    78.6%
    33 Graduates

    About

    Laurel Technical Institute (408729) is a higher education institution located in Crawford County, PA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Laurel Technical Institute (408729) were General Cosmetology (12 degrees awarded), Veterinary/Animal Health Technology/Technician And Veterinary Assistant (10 degrees), and Medical Assistant (6 degrees).

    In 2022, 59 degrees were awarded across all undergraduate and graduate programs at Laurel Technical Institute (408729). 93.2% of these degrees were awarded to women, and 6.78% awarded men. The most common race/ethnicity group of degree recipients was white (55 degrees), 18.3 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 $10,680, which is $2,520 more than the national average for Associates Colleges ($8,160).

    Costs

    In 2022, the median undergraduate tuition at Laurel Technical Institute (408729) is $10,680.

    After taking grants and loans into account, the average net price for students is $8,680.

    In 2022, 86% of undergraduate students attending Laurel Technical Institute (408729) received financial aid through grants. Comparatively, 71% of undergraduate students received financial aid through loans.

    Tuition Costs

    $10,680
    2022 Undergraduate Tuition

    In 2022, the cost of tuition at Laurel Technical Institute (408729) was $10,680.

    This chart compares the tuition costs of Laurel Technical Institute (408729) (in red) with those of other similar universities.

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    Average Net Price

    $8,680
    2022 Value
    10.4%
    1 Year Growth

    In 2022 Laurel Technical Institute (408729) had an average net price — the price paid after factoring in grants and loans — of $8,680. Between 2021 and 2022, the average net price of Laurel Technical Institute (408729) grew by 10.4%.

    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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    Financial Aid by Income Level

    86%
    Undergraduates Receiving Financial Aid through Grants
    71%
    Undergraduates Receiving Financial Aid through Loans

    86% of undergraduate students at Laurel Technical Institute (408729) received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 86% 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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    Admissions

    Laurel Technical Institute (408729) received 15 undergraduate applications in 2022, which represents a 81.3% annual growth. Out of those 15 applicants, 9 students were accepted for enrollment, representing a 60% acceptance rate.

    There were 21 students enrolled at Laurel Technical Institute (408729) in 2022.

    Laurel Technical Institute (408729) has an overall enrollment yield of 88.9%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    60%
    Acceptance Rate in 2022
    9
    Accepted Out of 15

    In 2022, the undergraduate acceptance rate of Laurel Technical Institute (408729) was 60% (9 admissions from 15 applications). This is lower than the acceptance rate of 2021, which was 91.3%. Between 2021 and 2022, the number of applicants declined by 81.3%, while admissions declined by 87.7%.

    This chart compares the acceptance rate of Laurel Technical Institute (408729) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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    Enrollment

    Laurel Technical Institute (408729) had a total enrollment of 21 students in 2022. The full-time enrollment at Laurel Technical Institute (408729) is 20 students and the part-time enrollment is 1. This means that 95.2% 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 85.7% White and 9.52% Black or African American.

    Students enrolled at Laurel Technical Institute (408729) in full-time Undergraduate programs are most commonly White Female (78.5%), followed by White Male (10.3%) and Black or African American Female (7.48%).

    Full-Time vs Part-Time Enrollment

    95.2%
    Full-Time Enrollment

    The total enrollment at Laurel Technical Institute (408729) in 2022, both undergraduate and graduate, is 21 students. The full-time enrollment at Laurel Technical Institute (408729) is 20 and the part-time enrollment is 1. This means that 95.2% of students enrolled at Laurel Technical Institute (408729) are enrolled full-time compared with 31.9% 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

    60%
    2022 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 60%. Compared with the full-time retention rate at similar Associates Colleges (64%), Laurel Technical Institute (408729) had a retention rate lower 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 (2022)
    1. White
      18 enrolled students
    2. Black or African American
      2 enrolled students

    The enrolled student population at Laurel Technical Institute (408729) is 85.7% White and 9.52% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 41.3% White, 28.4% Hispanic or Latino, and 13.2% Black or African American.

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    Graduates

    In 2022, 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 (55 degrees awarded). There were 18.3 times more white recipients than the next closest race/ethnicity group, black or african american (3 degrees).

    The most common 1 to 2 Year Postsecondary Certificate concentration at Laurel Technical Institute (408729) is General Cosmetology (12 degrees awarded), followed by Veterinary/Animal Health Technology/Technician And Veterinary Assistant (10 degrees) and Medical Assistant (6 degrees).

    In 2022,  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 Agriculture (10 degrees awarded), Personal & Culinary Services (20 degrees), and Health (25 degrees).

    Common Jobs by Major

    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 Registered nurses (1,548,261 people), Elementary & middle school teachers (1,519,193 people), Software developers (650,569 people), Secondary school teachers (487,373 people), and Other managers (280,135 people).

    The most specialized majors at Laurel Technical Institute (408729) in 2022 are Agriculture (10 degrees awarded), Personal & Culinary Services (20 degrees), Health (25 degrees), Computer and Information Sciences and Support Services (3 degrees), and Education (1 degrees) (as of 2022).

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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 Cardiovascular technologists and technicians, Surgeons, Chief executives & legislators, Magnetic resonance imaging technologists, and Dentists

    The most specialized majors at Laurel Technical Institute (408729) are Agriculture (10 degrees awarded), Personal & Culinary Services (20 degrees), Health (25 degrees), Computer and Information Sciences and Support Services (3 degrees), and Education (1 degrees) (as of 2022).

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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 (2,917,420 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,760,406 people), Computer Systems Design (691,609 people), Colleges, universities & professional schools, including junior colleges (437,411 people), and Outpatient care centers (336,072 people).

    The most specialized majors at Laurel Technical Institute (408729) are Agriculture (10 degrees awarded), Personal & Culinary Services (20 degrees), Health (25 degrees), Computer and Information Sciences and Support Services (3 degrees), and Education (1 degrees) (as of 2022).

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    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).

    In 2022, the most common 1 to 2 year postsecondary certificate concentration at Laurel Technical Institute (408729) was General Cosmetology with 12 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Laurel Technical Institute (408729) according to their major.

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    Sex Breakdown for Common Majors

    4
    Degrees Awarded to Men
    in 2022
    55
    Degrees Awarded to Women
    in 2022

    In 2022, 4 degrees were awarded to men at Laurel Technical Institute (408729), which is 0.0727 times less than the number of degrees awarded to females (55).

    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 2022, 3 degrees were awarded to men at Laurel Technical Institute (408729) in Network & System Administration. There were no female recipients with the same degree.

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    Most Common Female Majors

    In 2022, 12 degrees were awarded to women at Laurel Technical Institute (408729) in General Cosmetology. There were no male recipients with the same degree.

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    Time to Complete

    77%
    100% Completion Time
    77%
    150% Completion Time

    In 2022, 77% 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, 77% completed their degrees within 150% of the normal time, and 77% 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2022)
    1. White
      55 degrees awarded
    2. Black or African American
      3 degrees awarded

    The most common race/ethnicity at Laurel Technical Institute (408729) is white (55 degrees awarded). There were 18.3 times more white recipients than the next closest race/ethnicity group, black or african american (3 degrees).

    1.69% of degree recipients (1 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2022)
    1. White Female
      54 degrees awarded
    2. White Female
      53 degrees awarded
    3. White Female
      52 degrees awarded

    The most common race/ethnicity and sex grouping at Laurel Technical Institute (408729) is white female (54 degrees awarded). There were 1.02 times more white female recipients than the next closest race/ethnicity group, white female (53 degrees).

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    Operations

    In 2022, Laurel Technical Institute (408729) had a total salary expenditure of 1.71M. Laurel Technical Institute (408729) employs 6 Instructors. Most academics at Laurel Technical Institute (408729) are Female Instructor (6), and Male Instructor (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 2 employees, Office and Administrative Support, with 1 employees, and Management with 1 employees.

    Salary Expenditure

    $846k
    2022 Salaries
    8.42%
    growth from 2021

    In 2022, Laurel Technical Institute (408729) paid a median of $846k in salaries, which represents 49.4% of their overall expenditure ($1.71M) and a 8.42% growth from the previous year. This is compared to a 0.307% decline between 2020 and 2021, and a 9.55% growth between 2019 and 2020.

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    Instructional Salaries

    $200k
    Instructional Salaries
    6
    Number of Employees

    In 2021, Laurel Technical Institute (408729) paid a total of $200k to 6 employees working as instructors, which represents 25.6% of all salaries paid.

    This is compared to a median of $720k (4.04%) for similar Associates Colleges.

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    Occupations by Share

    In 2022, 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 2 employees, Office and Administrative Support with 1 employees, and Management with 1 employees.

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