Laurus College

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    2024 Average Net Price
    $22,326
    After Financial Aid
    2024 Enrolled Students
    1,116
    93.6% Full-Time
    2024 Graduation Rate
    50%
    22 Graduates

    About

    Laurus College is a higher education institution located in San Luis Obispo County, CA. In 2024, the most popular Associates Degree concentrations at Laurus College were General Business Administration & Management (29 degrees awarded), Computer Support Specialist (15 degrees), and Medical Insurance Specialist (14 degrees).

    In 2024, 111 degrees were awarded across all undergraduate and graduate programs at Laurus 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 asian (36 degrees), 1.38 times more than then the next closest race/ethnicity group, hispanic or latino (26 degrees).

    Costs

    After taking grants and loans into account, the average net price for students is $22,326.

    In 2024, 70% of undergraduate students attending Laurus College received financial aid through grants. Comparatively, 65% of undergraduate students received financial aid through loans.

    Average Net Price

    $22,326
    2024 Value
    42%
    1 Year Growth

    In 2024 Laurus College had an average net price — the price paid after factoring in grants and loans — of $22,326. Between 2023 and 2024, the average net price of Laurus College grew by 42%.

    This chart compares the average net price of Laurus 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.

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    Financial Aid by Income Level

    70%
    Undergraduates Receiving Financial Aid through Grants
    65%
    Undergraduates Receiving Financial Aid through Loans

    70% of undergraduate students at Laurus College received financial aid through grants or loans in 2024. This represents a growth of 2.94% with respect to 2023, when 68% of undergraduate students received financial aid.

    This chart compares the average award discount at Laurus 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.

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    Enrollment

    Laurus College had a total enrollment of 1,116 students in 2024. The full-time enrollment at Laurus College is 1,045 students and the part-time enrollment is 71. This means that 93.6% of students enrolled at Laurus College are enrolled full-time.

    The enrolled student population at Laurus College, both undergraduate and graduate, is 56.8% Asian, 13.8% Hispanic or Latino, 13.1% Black or African American, 11.7% White, 1.7% Native Hawaiian or Other Pacific Islanders, 0.986% Two or More Races, and 0.269% American Indian or Alaska Native.

    Students enrolled at Laurus College in full-time Undergraduate programs are most commonly Asian Male (48.8%), followed by Hispanic or Latino Male (10.5%) and Black or African American Male (9.85%).

    Full-Time vs Part-Time Enrollment

    93.6%
    Full-Time Enrollment

    The total enrollment at Laurus College in 2024, both undergraduate and graduate, is 1,116 students. The full-time enrollment at Laurus College is 1,045 and the part-time enrollment is 71. This means that 93.6% of students enrolled at Laurus College are enrolled full-time compared with 38.3% at similar Baccalaureate/Associates Colleges.

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

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    Retention Rate over Time

    79%
    2024 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 Laurus College was 79%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (59%), Laurus College had a retention rate higher than its peers.

    This chart shows the retention rate over time at Laurus College (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. Asian
      634 enrolled students
    2. Hispanic or Latino
      154 enrolled students
    3. Black or African American
      146 enrolled students

    The enrolled student population at Laurus College is 56.8% Asian, 13.8% Hispanic or Latino, 13.1% Black or African American, 11.7% White, 1.7% Native Hawaiian or Other Pacific Islanders, 0.986% Two or More Races, and 0.269% 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 Baccalaureate/Associates Colleges is 35% White, 33.8% Hispanic or Latino, and 11.8% Black or African American.

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    Graduates

    In 2024, 27 fewer women than men received degrees from Laurus College. The most common race/ethnicity group of degree recipients at Laurus College is asian (36 degrees awarded). There were 1.38 times more asian recipients than the next closest race/ethnicity group, hispanic or latino (26 degrees).

    The most common Associates Degree concentration at Laurus College is General Business Administration & Management (29 degrees awarded), followed by Computer Support Specialist (15 degrees) and Medical Insurance Specialist (14 degrees).

    In 2024,  the most specialized majors across all degree types at Laurus College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (19 degrees awarded), Computer and Information Sciences and Support Services (32 degrees), and Business (46 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 Laurus College are Registered nurses (1,587,069 people), Accountants & auditors (1,038,347 people), Other managers (881,629 people), Software developers (785,648 people), and Financial managers (546,027 people).

    The most specialized majors at Laurus College in 2024 are Communication Technologies (19 degrees awarded), Computer and Information Sciences and Support Services (32 degrees), Business (46 degrees), and Health (14 degrees) (as of 2024).

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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 Laurus College are Agents & business managers of artists, performers, & athletes, Surgeons, Cardiovascular technologists and technicians, Magnetic resonance imaging technologists, and Dentists

    The most specialized majors at Laurus College are Communication Technologies (19 degrees awarded), Computer and Information Sciences and Support Services (32 degrees), Business (46 degrees), and Health (14 degrees) (as of 2024).

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    Common Industries by Major

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Laurus College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,971,443 people), Computer Systems Design (1,181,586 people), Elementary & secondary schools (781,999 people), Colleges, universities & professional schools, including junior colleges (559,800 people), and Banking & related activities (518,244 people).

    The most specialized majors at Laurus College are Communication Technologies (19 degrees awarded), Computer and Information Sciences and Support Services (32 degrees), Business (46 degrees), and Health (14 degrees) (as of 2024).

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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 Laurus College.
    Most Common (2024)
    1. 29 degrees awarded
    2. 15 degrees awarded
    3. 14 degrees awarded

    In 2024, the most common associates degree concentration at Laurus College was General Business Administration & Management with 29 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Laurus College according to their major.

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    Sex Breakdown for Common Majors

    69
    Degrees Awarded to Men
    in 2024
    42
    Degrees Awarded to Women
    in 2024

    In 2024, 69 degrees were awarded to men at Laurus College, which is 1.64 times more than the number of degrees awarded to females (42).

    This chart displays the sex disparity between the top 5 majors at Laurus College by degrees awarded.

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    Most Common Male Majors

    In 2024, 31 degrees were awarded to men at Laurus College in General Business Administration & Management, which is 2.07 times more than the 15 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 15 degrees were awarded to men at Laurus College in General Business Administration & Management, which is 0.484 times less than the 31 male recipients with that same degree.

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    Time to Complete

    82%
    100% Completion Time
    82%
    150% Completion Time

    In 2017, 82% of students graduating from Laurus College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 82% completed their degrees within 150% of the normal time, and 83% within 200%.

    The following chart shows these completion rates over time compared to the average for the Baccalaureate/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 (2024)
    1. Asian
      36 degrees awarded
    2. Hispanic or Latino
      26 degrees awarded
    3. White
      25 degrees awarded

    The most common race/ethnicity at Laurus College is asian (36 degrees awarded). There were 1.38 times more asian recipients than the next closest race/ethnicity group, hispanic or latino (26 degrees).

    5.41% of degree recipients (6 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      65 degrees awarded
    2. Hispanic or Latino Female
      61 degrees awarded
    3. White Female
      61 degrees awarded

    The most common race/ethnicity and sex grouping at Laurus College is white female (65 degrees awarded). There were 1.07 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (61 degrees).

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    Operations

    In 2024, Laurus College had a total salary expenditure of 15.4M. Laurus College employs 29 Instructors. Most academics at Laurus College are Female Instructor (18), and Male Instructor (11).

    The most common positions for non-instructional staff at Laurus College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 31 employees, Management, with 16 employees, and Computer, Engineering, and Science with 8 employees.

    Salary Expenditure

    $6.44M
    2024 Salaries
    15.8%
    decline from 2023

    In 2024, Laurus College paid a median of $6.44M in salaries, which represents 41.8% of their overall expenditure ($15.4M) and a 15.8% decline from the previous year. This is compared to a 10.3% decline between 2022 and 2023, and a 1.19% growth between 2021 and 2022.

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    Instructional Salaries

    $1.87M
    Instructional Salaries
    29
    Number of Employees

    In 2024, Laurus College paid a total of $1.87M to 29 employees working as instructors, which represents 29% of all salaries paid.

    This is compared to a median of $744k (3.92%) for similar Baccalaureate/Associates Colleges.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Laurus College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 31 employees, Management with 16 employees, and Computer, Engineering, and Science with 8 employees.

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