Lawrence Technological University

www.ltu.edu/

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2020 Undergraduate Tuition

$35,430

3.96% growth from 2019

2020 Average Net Price

$33,159

After Financial Aid

2018 Student Loan

4.29%

Default Rate

2020 Acceptance Rate

82.5%

2,588 Applicants

2020 Enrolled Students

2,812

59.1% Full-Time

2020 Graduation Rate

58.4%

192 Graduates

About

Lawrence Technological University is a higher education institution located in Oakland County, MI. In 2020, the most popular Bachelor's Degree concentrations at Lawrence Technological University were Mechanical Engineering (81 degrees awarded), Architectural & Building Sciences & Technology (50 degrees), and Computer Science (28 degrees).

In 2020, 655 degrees were awarded across all undergraduate and graduate programs at Lawrence Technological University. 27.3% of these degrees were awarded to women, and 72.7% awarded men. The most common race/ethnicity group of degree recipients was white (369 degrees), 10.9 times more than then the next closest race/ethnicity group, black or african american (34 degrees).

The median undergraduate tuition at Lawrence Technological University is $35,430, which is $12,900 more than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Lawrence Technological University is $35,430, which is $12,900 more than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $33,159.

In 2020, 73% of undergraduate students attending Lawrence Technological University received financial aid through grants. Comparatively, 46% of undergraduate students received financial aid through loans.

Tuition Costs

$35,430

2020 Undergraduate Tuition

In 2020, the cost of tuition at Lawrence Technological University was $35,430. The cost of tuition at Lawrence Technological University is $12,900 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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

Average Net Price

$33,159

2020 Value

2.32%

1 Year Growth

In 2020 Lawrence Technological University had an average net price — the price paid after factoring in grants and loans — of $33,159. Between 2019 and 2020, the average net price of Lawrence Technological University grew by 2.32%.

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

$10,540

Room and Board

$1,536

Books and Supplies

The average yearly cost of room and board at Lawrence Technological University was of $10,540 in 2020. During the same period, the average yearly cost of books and supplies was $1,536. The cost of room and board increased by 5.93% between 2019 and 2020. The cost of books and supplies increased by 1.99% during the same period.

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

Financial Aid by Income Level

73%

Undergraduates Receiving Financial Aid through Grants

46%

Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Lawrence Technological University received financial aid through grants or loans in 2020. This represents a growth of 1.39% with respect to 2019, when 72% 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.

4.29%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Lawrence Technological University was 4.29%, which represents 20 out of the 466 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 2,588 undergraduate applications in 2020, which represents a 7.92% annual growth. Out of those 2,588 applicants, 2,134 students were accepted for enrollment, representing a 82.5% acceptance rate.

There were 2,812 students enrolled at Lawrence Technological University in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Lawrence Technological University has an overall enrollment yield of 17.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

82.5%

Acceptance Rate in 2020

2,134

Accepted Out of 2,588

In 2020, the undergraduate acceptance rate of Lawrence Technological University was 82.5% (2,134 admissions from 2,588 applications). This is higher than the acceptance rate of 2019, which was 79.3%. Between 2019 and 2020, the number of applicants grew by 7.92%, while admissions grew by 12.3%.

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

SAT Scores

N/A%

Submission Percentage

Scores Submitted

N/A% of enrolled first-time students at Lawrence Technological University in 2020 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 2,812 students. The full-time enrollment at Lawrence Technological University is 1,663 students and the part-time enrollment is 1,149. This means that 59.1% 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% White, 8.75% Black or African American, 2.95% Asian, 2.95% Hispanic or Latino, 1.92% Two or More Races, 0.142% American Indian or Alaska Native, and 0.0711% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lawrence Technological University in full-time Undergraduate programs are most commonly White Male (48.2%), followed by White Female (21.6%) and Black or African American Male (6.75%). Students enrolled in full-time Graduate programs are most commonly White Female (33.3%), followed by White Male (30.3%) and Asian Female (6.06%).

Full-Time vs Part-Time Enrollment

59.1%

Full-Time Enrollment

The total enrollment at Lawrence Technological University, both undergraduate and graduate, is 2,812 students. The full-time enrollment at Lawrence Technological University is 1,663 and the part-time enrollment is 1,149. This means that 59.1% of students enrolled at Lawrence Technological University are enrolled full-time compared with 68.8% 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

77%

2020 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 77%. 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,658
Black or African American
246
Asian
83

The enrolled student population at Lawrence Technological University is 59% White, 8.75% Black or African American, 2.95% Asian, 2.95% Hispanic or Latino, 1.92% Two or More Races, 0.142% American Indian or Alaska Native, and 0.0711% 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 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 322 students (11.5%) did not report their race.

Graduates

In 2020, 297 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 (369 degrees awarded). There were 10.9 times more white graduates than the next closest race/ethnicity group, black or african american (34 degrees).

The most common Bachelor's Degree concentration at Lawrence Technological University is Mechanical Engineering (81 degrees awarded), followed by Architectural & Building Sciences & Technology (50 degrees) and Computer Science (28 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 (106 degrees awarded), Engineering (274 degrees), and Communication Technologies (20 degrees).

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 (804,843 people), Other managers (416,561 people), Miscellaneous engineers, including nuclear engineers (351,986 people), Civil engineers (258,769 people), and Mechanical engineers (194,215 people).

The most specialized majors at Lawrence Technological University are Architecture and Related Services (106 degrees awarded), Engineering (274 degrees), Communication Technologies (20 degrees), Engineering Technologies (54 degrees), and Computer and Information Sciences and Support Services (61 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, Cardiovascular technologists and technicians, Physicians, Magnetic resonance imaging technologists, and Dentists

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 (901,334 people), Architectural, engineering & related services (566,499 people), Construction (327,438 people), Colleges, universities & professional schools, including junior colleges (241,818 people), and Management, scientific & technical consulting services (186,158 people).

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
81 degree-majorss awarded
Architectural & Building Sciences & Technology
50 degree-majorss awarded
Computer Science
28 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Lawrence Technological University was Mechanical Engineering with 81 degrees awarded.

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

Sex Breakdown for Common Majors

476

Degrees Awarded to Men

in 2020

179

Degrees Awarded to Women

in 2020

In 2020, 476 degrees were awarded to men at Lawrence Technological University, which is 2.66 times more than the number of degrees awarded to females (179).

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

Most Common Male Majors

In 2020, 95 degrees were awarded to men at Lawrence Technological University in Mechanical Engineering, which is 6.79 times more than the 14 female recipients with that same degree.

Most Common Female Majors

In 2020, 34 degrees were awarded to women at Lawrence Technological University in Architectural & Building Sciences & Technology, which is 0.586 times less than the 58 male recipients with that same degree.

Time to Complete

20%

100% Completion Time

58%

150% Completion Time

In 2020, 20% of students graduating from Lawrence Technological University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 58% completed their degrees within 150% of the normal time, and 63% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Lawrence Technological University is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).

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, 1.56% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
369 degrees awarded
Black or African American
34 degrees awarded
Asian
22 degrees awarded

The most common race/ethnicity at Lawrence Technological University is white (369 degrees awarded). There were 10.9 times more white recipients than the next closest race/ethnicity group, black or african american (34 degrees).

3.21% of degree recipients (21 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Male
260 degrees awarded
White Female
109 degrees awarded
Black or African American Male
20 degrees awarded

The most common race/ethnicity and sex grouping at Lawrence Technological University is white male (260 degrees awarded). There were 2.39 times more white male recipients than the next closest race/ethnicity group, white female (109 degrees).

Operations

Lawrence Technological University has an endowment valued at nearly $48.7M, as of the end of the 2020 fiscal year. The return on its endowment was of $3.6M (7.39%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Lawrence Technological University had a total salary expenditure of $72.4M. Lawrence Technological University employs 42 Assistant professors, 32 Lecturers, and 24 Associate professors. Most academics at Lawrence Technological University are Male Assistant professors (28), Male Lecturers(20), and Male Associate professors (20).

The most common positions for non-instructional staff at Lawrence Technological University are: Management, with 77 employees, Office and Administrative Support, with 54 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 37 employees.

Endowment

$48.7M

2020 Endowment

3.02%

decline from 2019

Lawrence Technological University has an endowment valued at about $48.7M, as of the end of the 2020 fiscal year. The endowment of Lawrence Technological University declined 3.02% from the previous year. The value of their endowment was $9.04M 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

$1.83M - Federal
$609k - State
$489k - Local

As of 2020, Lawrence Technological University received $1.83M in grants and contracts from the federal government, $609k from state grants and contracts, and $489k from local grants and contracts.

Salary Expenditure

$29.3M

2020 Salaries

0.146%

growth from 2019

In 2020, Lawrence Technological University paid a median of $29.3M in salaries, which represents 40.5% of their overall expenditure ($72.4M) and a 0.146% growth from the previous year. This is compared to a 0.853% growth from 2018 and a 1.9% decline from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

Instructional Salaries

$7.89M

Instructional Salaries

108

Number of Employees

In 2020, Lawrence Technological University paid a total of $7.89M to 108 employees working as instructors, which represents 26.9% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

42 Employees

Management

Most Common Non-Instructional Employee

77 Employees

In 2020, the most common positions for instructional staff at Lawrence Technological University were Assistant professor with 42 employees; Lecturer with 32 employees; and Lecturer with 24 employees.

In 2020, the most common positions for non-instructional staff at Lawrence Technological University were Management with 77 employees; Office and Administrative Support with 54 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 37 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Assistant professor
Male Lecturer
Male Associate professor

In 2020, the most common demographic for instructional staff at Lawrence Technological University was Male Assistant professor with 28 employees, Male Lecturer with 20 employees, and Male Associate professor with 20 employees.

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