Lawrence Technological University

Masters Colleges and Universities

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2016 Undergraduate Tuition

$30,420

2.84% growth from 2015

2016 Average Net Price

$27,504

After Financial Aid

2015 Student Loan

6.2%

Default Rate

2016 Acceptance Rate

69.3%

2,318 Applicants

2016 Enrolled Students

3,309

52.8% Full-Time

2016 Graduation Rate

51.4%

133 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

About

Lawrence Technological University is a higher education institution located in Oakland County, MI. In 2016, the most popular Bachelor's Degree concentrations at Lawrence Technological University were Architecture (63 degrees awarded), Mechanical Engineering (51 degrees), and Electrical & Electronics Engineering (26 degrees).

In 2016, 903 degrees were awarded across all undergraduate and graduate programs at Lawrence Technological University. 25.2% of these degrees were awarded to women, and 74.8% awarded men. The majority of degree recipients were white (420 degrees), 11.4 times more than then the next closest race/ethnicity group, black or african american (37 degrees).

The median undergraduate tuition at Lawrence Technological University is $30,420, which is $10,260 more than the national average for Masters Colleges and Universities ($20,160).

Photo by Alex Proimos

Masters Colleges & Universities: Larger ProgramsMasters Colleges and Universities

Costs

The median undergraduate tuition at Lawrence Technological University is $30,420, which is $10,260 more than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $27,504.

In 2016, 69% of undergraduate students received federal grants, while 44% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$30,420

2016 Undergraduate Tuition

In 2016, the cost of tuition at Lawrence Technological University was $30,420. The cost of tuition at Lawrence Technological University is $10,260 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

This chart compares the tuition costs of Lawrence Technological University (in red) with those of other similar universities.

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Average Net Price

$27,504

2016 Value

4.79%

1 Year Growth

In 2016 Lawrence Technological University had an average net price — the price paid after factoring in grants and loans — of $27,504. Between 2015 and 2016, the average net price of Lawrence Technological University grew by 4.79%.

This chart compares the average net price of Lawrence Technological University (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

$9,470

Room and Board

$1,427

Books and Supplies

The average yearly cost of room and board at Lawrence Technological University was of $9,470 in 2016. During the same period, the average yearly cost of books and supplies was $1,427. The cost of room and board increased by 5.39% between 2015 and 2016. The cost of books and supplies increased by 1.57% during the same period.

This chart compares the average student costs at Lawrence Technological University (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

69%

Of Undergraduates Receive Grants

44%

Of Undergraduates Receive Federal Loans

69% of undergraduate students at Lawrence Technological University received grants or loans in 2016. This represents a growth of 35.3% with respect to 2015, when 51% of undergraduate students received financial aid.

This chart compares the average award discount at Lawrence Technological University (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.

6.2%

2015 Default Rate

32

Number of Defaults

In 2015 the default rate for borrower's at Lawrence Technological University was 6.2%, which represents 32 out of the 516 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

Lawrence Technological University received 2,318 undergraduate applications in 2016, which represents a 7.96% annual growth. Out of those 2,318 applicants, 1,607 students were accepted for enrollment, representing a 69.3% acceptance rate.

There were 3,309 students enrolled at Lawrence Technological University in 2016, and 9% of first-time enrollees submitted SAT scores with their applications.

Lawrence Technological University has an overall enrollment yield of 23.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

69.3%

Acceptance Rate in 2016

1,607

Accepted Out of 2,318

In 2016, the undergraduate acceptance rate of Lawrence Technological University was 69.3% (1,607 admissions from 2,318 applications). This is higher than the acceptance rate of 2015, which was 55.3%. Between 2015 and 2016, the number of applicants grew by 7.96%, while admissions grew by 35.4%.

This chart compares the acceptance rate of Lawrence Technological University (in red) with that of other similar universities.

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SAT Scores

9%

Submission Percentage

33

Scores Submitted

9% of enrolled first-time students at Lawrence Technological University in 2016 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

Lawrence Technological University has a total enrollment of 3,309 students. The full-time enrollment at Lawrence Technological University is 1,748 students and the part-time enrollment is 1,561. This means that 52.8% of students enrolled at Lawrence Technological University are enrolled full-time.

The enrolled student population at Lawrence Technological University, both undergraduate and graduate, is 50.9% White, 5.62% Black or African American, 3.05% Hispanic or Latino, 2.57% Asian, 1.66% Two or More Races, 0.272% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lawrence Technological University in full-time Undergraduate programs are majority White Male (45.8%), followed by White Female (17.9%) and Black or African American Male (3.57%). Students enrolled in full-time Graduate programs are majority White Male (27%), followed by White Female (13.5%) and Black or African American Male (2.7%).

Full-Time vs Part-Time Enrollment

52.8%

Full-Time Enrollment

The total enrollment at Lawrence Technological University, both undergraduate and graduate, is 3,309 students. The full-time enrollment at Lawrence Technological University is 1,748 and the part-time enrollment is 1,561. This means that 52.8% of students enrolled at Lawrence Technological University are enrolled full-time compared with 68.7% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

79%

2016 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 Lawrence Technological University was 79%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Lawrence Technological University had a retention rate higher than its peers.

This chart shows the retention rate over time at Lawrence Technological University (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,684

  2. Black or African American

    186

  3. Hispanic or Latino

    101

The enrolled student population at Lawrence Technological University is 50.9% White, 5.62% Black or African American, 3.05% Hispanic or Latino, 2.57% Asian, 1.66% Two or More Races, 0.272% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 54.7% White, 14.3% Hispanic or Latino, and 13.3% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 196 students (5.92%) did not report their race.

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Graduates

In 2016, 447 fewer women than men received degrees from Lawrence Technological University. The majority of degree recipients at Lawrence Technological University are white (420 degrees awarded). There were 11.4 times more white graduates than the next closest race/ethnicity group, black or african american (37 degrees).

The most common Bachelor's Degree concentration at Lawrence Technological University is Architecture (63 degrees awarded), followed by Mechanical Engineering (51 degrees) and Electrical & Electronics Engineering (26 degrees).

The most specialized majors across all degree types at Lawrence Technological University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (167 degrees awarded), Engineering (340 degrees), and Engineering Technologies (69 degrees).

Workforce

Common Jobs by Major

Software developers, applications & systems software

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lawrence Technological University are Software developers, applications & systems software (783,665 people), Miscellaneous managers (589,306 people), Miscellaneous engineers, including nuclear engineers (336,956 people), Designers (263,239 people), and Civil engineers (243,067 people).

The most specialized majors at Lawrence Technological University are Architecture and Related Services (167 degrees awarded), Engineering (340 degrees), Engineering Technologies (69 degrees), Computer and Information Sciences and Support Services (112 degrees), and Visual & Performing Arts (33 degrees).

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Highest Paying Jobs by Major

Physicians & surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lawrence Technological University are Physicians & surgeons, Economists, Dentists, Chief executives & legislators, and Securities, commodities, & financial services sales agents

The most specialized majors at Lawrence Technological University are Architecture and Related Services (167 degrees awarded), Engineering (340 degrees), Engineering Technologies (69 degrees), Computer and Information Sciences and Support Services (112 degrees), and Visual & Performing Arts (33 degrees).

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Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lawrence Technological University are Computer Systems Design (927,245 people), Architectural, engineering & related services (587,650 people), Colleges, universities & professional schools, including junior colleges (335,652 people), Construction (333,768 people), and Elementary & secondary schools (281,009 people).

The most specialized majors at Lawrence Technological University are Architecture and Related Services (167 degrees awarded), Engineering (340 degrees), Engineering Technologies (69 degrees), Computer and Information Sciences and Support Services (112 degrees), and Visual & Performing Arts (33 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 Lawrence Technological University.

Most Common

  1. Architecture

    63 degrees awarded

  2. Mechanical Engineering

    51 degrees awarded

  3. Electrical & Electronics Engineering

    26 degrees awarded

In 2016, the most common bachelors degree concentration at Lawrence Technological University was Architecture with 63 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Lawrence Technological University according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 675

  2. 228

In 2016, 675 degrees were awarded to men at Lawrence Technological University, which is 2.96 times more than the number of degrees awarded to females (228).

This chart displays the gender disparity between the top 5 majors at Lawrence Technological University by degrees awarded.

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Most Common Male Majors

In 2016, 103 degrees were awarded to men at Lawrence Technological University in Mechanical Engineering, which is 8.58 times more than the 12 female recipients with that same degree.

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Most Common Female Majors

In 2016, 51 degrees were awarded to women at Lawrence Technological University in Architecture, which is 0.622 times less than the 82 male recipients with that same degree.

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Time to Complete

12%

100% Completion Time

43%

150% Completion Time

In 2016, 12% of students graduating from Lawrence Technological University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 43% completed their degrees within 150% of the normal time, and 45% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Lawrence Technological University is Female and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (67.2%).

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

    420 degrees awarded

  2. Black or African American

    37 degrees awarded

  3. Unknown

    19 degrees awarded

The most common race/ethnicity at Lawrence Technological University is white (420 degrees awarded). There were 11.4 times more white recipients than the next closest race/ethnicity group, black or african american (37 degrees).

2.1% of degree recipients (19 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    308 degrees awarded

  2. White Female

    112 degrees awarded

  3. Black or African American Male

    24 degrees awarded

The most common race/ethnicity and gender grouping at Lawrence Technological University is white male (308 degrees awarded). There were 2.75 times more white male recipients than the next closest race/ethnicity group, white female (112 degrees).

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Operations

Lawrence Technological University has an endowment valued at nearly $47.9M, as of the end of the 2015 fiscal year. The return on its endowment was of $-881k (-1.84%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Lawrence Technological University had a total expenditure of $63.1M. Of that $63.1M, they spent $28.6M on salaries and $63.1M on benefits.

Lawrence Technological University employs 36 Assistant professors, 33 Associate professors, and 30 Lecturers. Most academics at Lawrence Technological University are Male Assistant professors (26), Male Associate professors(24), and Male Lecturers (19).

The most common positions for non-instructional staff at Lawrence Technological University are: Management, with 77 employees, Office and Administrative Support, with 55 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 35 employees.

Finances

Endowment

$47.9M

2015 Endowment

15.4%

growth from 2014

Lawrence Technological University has an endowment valued at about $47.9M, as of the end of the 2015 fiscal year. The endowment of Lawrence Technological University grew 15.4% from the previous year. The value of their endowment was $19M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lawrence Technological University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $966k - Federal

  2. $808k - State

  3. $0 - Local

As of 2015, Lawrence Technological University received $966k in grants and contracts from the federal government, $808k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$28.6M

Salary Expenditure

$63.1M

Benefits Expenditure

In 2015, Lawrence Technological University had a total expenditure of $63.1M. Of that $63.1M, they spent $28.6M on salaries and $63.1M on benefits.

The bar chart shows the share of the primary expenses at Lawrence Technological University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Lawrence Technological University as a share of total expenditure.

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Salary Expenditure

$28.6M

2015 Salaries

5.4%

growth from 2014

In 2015, Lawrence Technological University paid a median of $28.6M in salaries, which represents 45.3% of their overall expenditure ($63.1M) and a 5.4% growth from the previous year. This is compared to a 1.97% growth from 2013 and a 1.49% growth from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

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Instructional Salaries

$7.5M

Instructional Salaries

109

Number of Employees

In 2015, Lawrence Technological University paid a total of $7.5M to 109 employees working as instructors, which represents 26.2% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

36 Employees

Management

Most Common Non-Instructional Employee

77 Employees

In 2016, the most common positions for instructional staff at Lawrence Technological University were Assistant professor with 36 employees; Associate professor with 33 employees; and Associate professor with 30 employees.

In 2016, the most common positions for non-instructional staff at Lawrence Technological University were Management with 77 employees; Office and Administrative Support with 55 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 35 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Assistant professor

  2. Male Associate professor

  3. Male Lecturer

In 2016, the most common demographic for instructional staff at Lawrence Technological University was Male Assistant professor with 26 employees, Male Associate professor with 24 employees, and Male Lecturer with 19 employees.

This chart shows the gender split between each academic rank present at Lawrence Technological University.

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