Lawrence Technological University

www.ltu.edu

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2019 Undergraduate Tuition

$34,080

5.28% growth from 2018

2019 Average Net Price

$32,406

After Financial Aid

2017 Student Loan

5.65%

Default Rate

2019 Acceptance Rate

79.3%

2,398 Applicants

2019 Enrolled Students

2,848

59.8% Full-Time

2018 Graduation Rate

58%

188 Graduates

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 Mechanical Engineering (70 degrees awarded), Architectural & Building Sciences & Technology (54 degrees), and Electrical & Electronics Engineering (22 degrees).

In 2019, 630 degrees were awarded across all undergraduate and graduate programs at Lawrence Technological University. 26% of these degrees were awarded to women, and 74% awarded men. The most common race/ethnicity group of degree recipients was white (335 degrees), 16.8 times more than then the next closest race/ethnicity group, hispanic or latino (20 degrees).

The median undergraduate tuition at Lawrence Technological University is $34,080, which is $12,054 more than the national average for Masters Colleges and Universities ($22,027).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

The median undergraduate tuition at Lawrence Technological University is $34,080, which is $12,054 more than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $32,406.

In 2019, 72% of undergraduate students received federal grants, while 47% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$34,080

2019 Undergraduate Tuition

In 2019, the cost of tuition at Lawrence Technological University was $34,080. The cost of tuition at Lawrence Technological University is $12,054 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

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

Average Net Price

$32,406

2019 Value

7.23%

1 Year Growth

In 2019 Lawrence Technological University had an average net price — the price paid after factoring in grants and loans — of $32,406. Between 2018 and 2019, the average net price of Lawrence Technological University grew by 7.23%.

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.

Other Student Expenses

$9,950

Room and Board

$1,506

Books and Supplies

The average yearly cost of room and board at Lawrence Technological University was of $9,950 in 2019. During the same period, the average yearly cost of books and supplies was $1,506. The cost of room and board increased by 4.74% between 2018 and 2019. The cost of books and supplies increased by 2.03% during the same period.

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

Financial Aid

Financial Aid by Income Level

72%

Of Undergraduates Receive Grants

47%

Of Undergraduates Receive Federal Loans

72% of undergraduate students at Lawrence Technological University received grants or loans in 2019. This represents a growth of 1.41% with respect to 2018, when 71% 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.

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.

5.65%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Lawrence Technological University was 5.65%, which represents 27 out of the 478 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.

Admissions

Lawrence Technological University received 2,398 undergraduate applications in 2019, which represents a 1.96% annual growth. Out of those 2,398 applicants, 1,901 students were accepted for enrollment, representing a 79.3% acceptance rate.

There were 2,848 students enrolled at Lawrence Technological University in 2019, and 83% of first-time enrollees submitted SAT scores with their applications.

Lawrence Technological University has an overall enrollment yield of 19%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

79.3%

Acceptance Rate in 2019

1,901

Accepted Out of 2,398

In 2019, the undergraduate acceptance rate of Lawrence Technological University was 79.3% (1,901 admissions from 2,398 applications). This is higher than the acceptance rate of 2018, which was 77.7%. Between 2018 and 2019, the number of applicants grew by 1.96%, while admissions grew by 3.99%.

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

SAT Scores

83%

Submission Percentage

300

Scores Submitted

83% of enrolled first-time students at Lawrence Technological University in 2019 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.

Enrollment

Lawrence Technological University has a total enrollment of 2,848 students. The full-time enrollment at Lawrence Technological University is 1,703 students and the part-time enrollment is 1,145. This means that 59.8% of students enrolled at Lawrence Technological University are enrolled full-time.

The enrolled student population at Lawrence Technological University, both undergraduate and graduate, is 59.9% White, 7.76% Black or African American, 3.2% Asian, 2.77% Hispanic or Latino, 1.72% Two or More Races, 0.105% American Indian or Alaska Native, and 0.0351% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lawrence Technological University in full-time Undergraduate programs are most commonly White Male (47.3%), followed by White Female (20.7%) and Black or African American Male (5.78%). Students enrolled in full-time Graduate programs are most commonly White Male (30.8%), followed by White Female (30.8%) and Asian Male (3.85%).

Full-Time vs Part-Time Enrollment

59.8%

Full-Time Enrollment

The total enrollment at Lawrence Technological University, both undergraduate and graduate, is 2,848 students. The full-time enrollment at Lawrence Technological University is 1,703 and the part-time enrollment is 1,145. This means that 59.8% of students enrolled at Lawrence Technological University are enrolled full-time compared with 69.2% 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.

Retention Rate over Time

74%

2019 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 74%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Lawrence Technological University had a retention rate approximately the same as its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,705
Black or African American
221
Asian
91

The enrolled student population at Lawrence Technological University is 59.9% White, 7.76% Black or African American, 3.2% Asian, 2.77% Hispanic or Latino, 1.72% Two or More Races, 0.105% American Indian or Alaska Native, and 0.0351% 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 53.3% White, 16% Hispanic or Latino, and 12.9% 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, 256 students (8.99%) did not report their race.

Graduates

In 2019, 302 fewer women than men received degrees from Lawrence Technological University. The most common race/ethnicity group of degree recipients at Lawrence Technological University is white (335 degrees awarded). There were 16.8 times more white graduates than the next closest race/ethnicity group, hispanic or latino (20 degrees).

The most common Bachelor's Degree concentration at Lawrence Technological University is Mechanical Engineering (70 degrees awarded), followed by Architectural & Building Sciences & Technology (54 degrees) and Electrical & Electronics Engineering (22 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 (102 degrees awarded), Engineering (258 degrees), and Engineering Technologies (59 degrees).

Workforce

Common Jobs by Major

Software developers

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 (940,986 people), Other managers (400,352 people), Miscellaneous engineers, including nuclear engineers (364,963 people), Civil engineers (279,868 people), and Mechanical engineers (216,044 people).

The most specialized majors at Lawrence Technological University are Architecture and Related Services (102 degrees awarded), Engineering (258 degrees), Engineering Technologies (59 degrees), Communication Technologies (7 degrees), and Computer and Information Sciences and Support Services (58 degrees).

Highest Paying Jobs by Major

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 Surgeons, Securities, commodities, & financial services sales agents, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Cardiovascular technologists and technicians

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 (956,232 people), Architectural, engineering & related services (579,827 people), Construction (345,829 people), Colleges, universities & professional schools, including junior colleges (243,933 people), and Management, scientific & technical consulting services (187,038 people).

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

Mechanical Engineering
70 degree-majorss awarded
Architectural & Building Sciences & Technology
54 degree-majorss awarded
Electrical & Electronics Engineering
22 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Lawrence Technological University was Mechanical Engineering with 70 degrees awarded.

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

Gender Breakdown for Common Majors

466

Degrees Awarded to Men

in 2019

164

Degrees Awarded to Women

in 2019

In 2019, 466 degrees were awarded to men at Lawrence Technological University, which is 2.84 times more than the number of degrees awarded to females (164).

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

Most Common Male Majors

In 2019, 87 degrees were awarded to men at Lawrence Technological University in Mechanical Engineering, which is 9.67 times more than the 9 female recipients with that same degree.

Most Common Female Majors

In 2019, 39 degrees were awarded to women at Lawrence Technological University in Architectural & Building Sciences & Technology, which is 0.736 times less than the 53 male recipients with that same degree.

Time to Complete

18%

100% Completion Time

52%

150% Completion Time

In 2019, 18% of students graduating from Lawrence Technological University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 56% 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.

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 (69.1%).

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, 2.66% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
335 degrees awarded
Hispanic or Latino
20 degrees awarded
Unknown
19 degrees awarded

The most common race/ethnicity at Lawrence Technological University is white (335 degrees awarded). There were 16.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (20 degrees).

3.02% of degree recipients (19 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Male
248 degrees awarded
White Female
87 degrees awarded
Hispanic or Latino Male
12 degrees awarded

The most common race/ethnicity and gender grouping at Lawrence Technological University is white male (248 degrees awarded). There were 2.85 times more white male recipients than the next closest race/ethnicity group, white female (87 degrees).

Operations

Lawrence Technological University has an endowment valued at nearly $50.2M, as of the end of the 2019 fiscal year. The return on its endowment was of $3.94M (7.84%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Lawrence Technological University had a total salary expenditure of $71.5M. Lawrence Technological University employs 38 Assistant professors, 30 Lecturers, and 26 Associate professors. Most academics at Lawrence Technological University are Male Assistant professors (29), Male Associate professors(22), and Male Lecturers (20).

The most common positions for non-instructional staff at Lawrence Technological University are: Management, with 84 employees, Office and Administrative Support, with 56 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 37 employees.

Finances

Endowment

$50.2M

2019 Endowment

0.353%

decline from 2018

Lawrence Technological University has an endowment valued at about $50.2M, as of the end of the 2019 fiscal year. The endowment of Lawrence Technological University declined 0.353% from the previous year. The value of their endowment was $11.7M 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.

Government Grants and Contracts

Grants & Contracts

$304k - Federal
$676k - State
$0 - Local

As of 2019, Lawrence Technological University received $304k in grants and contracts from the federal government, $676k from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$29.3M

2019 Salaries

0.853%

growth from 2018

In 2019, Lawrence Technological University paid a median of $29.3M in salaries, which represents 41% of their overall expenditure ($71.5M) and a 0.853% growth from the previous year. This is compared to a 1.9% decline from 2017 and a 1.94% growth from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

Instructional Salaries

$7.47M

Instructional Salaries

104

Number of Employees

In 2019, Lawrence Technological University paid a total of $7.47M to 104 employees working as instructors, which represents 25.5% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

38 Employees

Management

Most Common Non-Instructional Employee

84 Employees

In 2019, the most common positions for instructional staff at Lawrence Technological University were Assistant professor with 38 employees; Lecturer with 30 employees; and Lecturer with 26 employees.

In 2019, the most common positions for non-instructional staff at Lawrence Technological University were Management with 84 employees; Office and Administrative Support with 56 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 37 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Assistant professor
Male Associate professor
Male Lecturer

In 2019, the most common demographic for instructional staff at Lawrence Technological University was Male Assistant professor with 29 employees, Male Associate professor with 22 employees, and Male Lecturer with 20 employees.

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

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