Lawrence Technological University

www.ltu.edu

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2024 Undergraduate Tuition

$42,360

4.15% growth from 2023

2024 Average Net Price

$34,083

After Financial Aid

2024 Acceptance Rate

55.9%

3,943 Applicants

2024 Enrolled Students

3,693

46.4% Full-Time

2024 Graduation Rate

60.1%

227 Graduates

About

Lawrence Technological University is a higher education institution located in Oakland County, MI. In 2024, the most popular Masters Degree concentrations at Lawrence Technological University were Architectural & Building Sciences & Technology (71 degrees awarded), General Business Administration & Management (44 degrees), and Other Engineering (20 degrees).

In 2024, 652 degrees were awarded across all undergraduate and graduate programs at Lawrence Technological University. 30.1% of these degrees were awarded to women, and 69.9% awarded men. The most common race/ethnicity group of degree recipients was white (372 degrees), 9.54 times more than then the next closest race/ethnicity group, black or african american (39 degrees).

The median undergraduate tuition at Lawrence Technological University is $42,360, which is $18,360 more than the national average for Masters Colleges and Universities ($24,000).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Lawrence Technological University is $42,360, which is $18,360 more than the national average for Masters Colleges and Universities ($24,000).

After taking grants and loans into account, the average net price for students is $34,083.

In 2024, 64% of undergraduate students attending Lawrence Technological University received financial aid through grants. Comparatively, 35% of undergraduate students received financial aid through loans.

Tuition Costs

$42,360

2024 Undergraduate Tuition

In 2024, the cost of tuition at Lawrence Technological University was $42,360. The cost of tuition at Lawrence Technological University is $18,360 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$34,083

2024 Value

0.816%

1 Year Growth

In 2024 Lawrence Technological University had an average net price — the price paid after factoring in grants and loans — of $34,083. Between 2023 and 2024, the average net price of Lawrence Technological University grew by 0.816%.

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

$11,670

Room and Board

$1,762

Books and Supplies

The average yearly cost of room and board at Lawrence Technological University was of $11,670 in 2024. The cost of room and board increased by 3.09% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,762. The cost of books and supplies increased by 6.02% 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

64%

Undergraduates Receiving Financial Aid through Grants

35%

Undergraduates Receiving Financial Aid through Loans

64% of undergraduate students at Lawrence Technological University received financial aid through grants or loans in 2024. This represents a decline of 7.25% with respect to 2023, when 69% 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.

Admissions

Lawrence Technological University received 3,943 undergraduate applications in 2024, which represents a 85.9% annual growth. Out of those 3,943 applicants, 2,204 students were accepted for enrollment, representing a 55.9% acceptance rate.

There were 3,693 students enrolled at Lawrence Technological University in 2024. 83% of first-time enrollees submitted SAT scores with their applications.

Lawrence Technological University has an overall enrollment yield of 17.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

55.9%

Acceptance Rate in 2024

2,204

Accepted Out of 3,943

In 2024, the undergraduate acceptance rate of Lawrence Technological University was 55.9% (2,204 admissions from 3,943 applications). This is lower than the acceptance rate of 2023, which was 80.2%. Between 2023 and 2024, the number of applicants grew by 85.9%, while admissions grew by 29.5%.

This chart compares the acceptance rate of Lawrence Technological University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

83%

Submission Percentage (2019)

300

Scores Submitted (2019)

83% of enrolled first-time students at Lawrence Technological University in 2019 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Lawrence Technological University had a total enrollment of 3,693 students in 2024. The full-time enrollment at Lawrence Technological University is 1,713 students and the part-time enrollment is 1,980. This means that 46.4% of students enrolled at Lawrence Technological University are enrolled full-time.

The enrolled student population at Lawrence Technological University, both undergraduate and graduate, is 44.1% White, 15.6% Black or African American, 4.58% Asian, 2.82% Hispanic or Latino, 1.57% Two or More Races, 0.244% American Indian or Alaska Native, and 0.108% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lawrence Technological University in full-time Undergraduate programs are most commonly White Male (39.8%), followed by White Female (22.2%) and Black or African American Male (7.76%). Students enrolled in full-time Graduate programs are most commonly White Female (22.9%), followed by White Male (16.5%) and Asian Male (1.38%).

Full-Time vs Part-Time Enrollment

46.4%

Full-Time Enrollment

The total enrollment at Lawrence Technological University in 2024, both undergraduate and graduate, is 3,693 students. The full-time enrollment at Lawrence Technological University is 1,713 and the part-time enrollment is 1,980. This means that 46.4% of students enrolled at Lawrence Technological University are enrolled full-time compared with 67.1% 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

78%

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 Lawrence Technological University was 78%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), 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 (2024)

White
1,629 enrolled students
Black or African American
575 enrolled students
Asian
169 enrolled students

The enrolled student population at Lawrence Technological University is 44.1% White, 15.6% Black or African American, 4.58% Asian, 2.82% Hispanic or Latino, 1.57% Two or More Races, 0.244% American Indian or Alaska Native, and 0.108% 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 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 271 students (7.34%) did not report their race.

Graduates

In 2024, 260 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 (372 degrees awarded). There were 9.54 times more white recipients than the next closest race/ethnicity group, black or african american (39 degrees).

The most common Masters Degree concentration at Lawrence Technological University is Architectural & Building Sciences & Technology (71 degrees awarded), followed by General Business Administration & Management (44 degrees) and Other Engineering (20 degrees).

In 2024, 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 (124 degrees awarded), Engineering (264 degrees), and Communication Technologies (11 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 (1,126,630 people), Other managers (444,682 people), Miscellaneous engineers, including nuclear engineers (415,280 people), Civil engineers (324,788 people), and Mechanical engineers (235,001 people).

The most specialized majors at Lawrence Technological University in 2024 are Architecture and Related Services (124 degrees awarded), Engineering (264 degrees), Communication Technologies (11 degrees), Engineering Technologies (26 degrees), and Computer and Information Sciences and Support Services (65 degrees) (as of 2024).

Highest Paying Jobs by Major

Agents & business managers of artists, performers, & athletes

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 Agents & business managers of artists, performers, & athletes, Surgeons, Cardiovascular technologists and technicians, Podiatrists, and Actuaries

The most specialized majors at Lawrence Technological University are Architecture and Related Services (124 degrees awarded), Engineering (264 degrees), Communication Technologies (11 degrees), Engineering Technologies (26 degrees), and Computer and Information Sciences and Support Services (65 degrees) (as of 2024).

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 (1,115,604 people), Architectural, engineering & related services (640,999 people), Construction (404,954 people), Colleges, universities & professional schools, including junior colleges (277,009 people), and Management, scientific & technical consulting services (227,435 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 (2024)

Pre-Medical Studies
3 degrees awarded
Mechatronics, Robotics, & Automation Engineering
1 degrees awarded
Modeling, Virtual Environments, & Simulation
1 degrees awarded

In 2024, the most common 1 to 2 year postsecondary certificate concentration at Lawrence Technological University was Pre-Medical Studies with 3 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Lawrence Technological University according to their major.

Sex Breakdown for Common Majors

456

Degrees Awarded to Men

in 2024

196

Degrees Awarded to Women

in 2024

In 2024, 456 degrees were awarded to men at Lawrence Technological University, which is 2.33 times more than the number of degrees awarded to females (196).

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

Most Common Male Majors

In 2024, 68 degrees were awarded to men at Lawrence Technological University in Architectural & Building Sciences & Technology, which is 1.28 times more than the 53 female recipients with that same degree.

Most Common Female Majors

In 2024, 53 degrees were awarded to men at Lawrence Technological University in Architectural & Building Sciences & Technology, which is 0.779 times less than the 68 male recipients with that same degree.

Time to Complete

35%

100% Completion Time

65%

150% Completion Time

In 2024, 35% of students graduating from Lawrence Technological University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 70% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
372 degrees awarded
Black or African American
39 degrees awarded
Asian
25 degrees awarded

The most common race/ethnicity at Lawrence Technological University is white (372 degrees awarded). There were 9.54 times more white recipients than the next closest race/ethnicity group, black or african american (39 degrees).

2.76% of degree recipients (18 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Male
470 degrees awarded
White Male
417 degrees awarded
White Male
395 degrees awarded

The most common race/ethnicity and sex grouping at Lawrence Technological University is white male (470 degrees awarded). There were 1.13 times more white male recipients than the next closest race/ethnicity group, white male (417 degrees).

Operations

Lawrence Technological University has an endowment valued at nearly $54.3M, as of the end of the 2024 fiscal year. The return on its endowment was of 4.96M (9.12%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Lawrence Technological University had a total salary expenditure of 91.9M. Lawrence Technological University employs 48 Assistant professors, 31 Associate professors and 25 Lecturers. Most academics at Lawrence Technological University are Male Assistant professor (29), Male Associate professor (26), and Female Assistant professor (19).

The most common positions for non-instructional staff at Lawrence Technological University are: Management, with 86 employees, Office and Administrative Support, with 60 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 42 employees.

Endowment

$54.3M

2024 Endowment

6.12%

growth from 2023

Lawrence Technological University has an endowment valued at about $54.3M, as of the end of the 2024 fiscal year. The endowment of Lawrence Technological University grew 6.12% from the previous year. The value of their endowment was $8.46M 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.

Salary Expenditure

$41.5M

2024 Salaries

5.93%

growth from 2023

In 2024, Lawrence Technological University paid a median of $41.5M in salaries, which represents 45.2% of their overall expenditure ($91.9M) and a 5.93% growth from the previous year. This is compared to a 17.3% growth between 2022 and 2023, and a 13.9% growth between 2021 and 2022.

Instructional Salaries

$10.1M

Instructional Salaries

121

Number of Employees

In 2024, Lawrence Technological University paid a total of $10.1M to 121 employees working as instructors, which represents 24.3% of all salaries paid.

This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Lawrence Technological University were Management with 86 employees, Office and Administrative Support with 60 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 42 employees.

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