Lawrence Technological University

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2017 Undergraduate Tuition

$31,410

3.25% growth from 2016

2017 Average Net Price

$27,373

After Financial Aid

2016 Student Loan

5.31%

Default Rate

2017 Acceptance Rate

59.6%

2,173 Applicants

2017 Enrolled Students

3,069

55.6% Full-Time

2017 Graduation Rate

52.4%

132 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 (75 degrees awarded), Architectural & Building Sciences & Technology (66 degrees), and Electrical & Electronics Engineering (25 degrees).

In 2017, 999 degrees were awarded across all undergraduate and graduate programs at Lawrence Technological University. 29.2% of these degrees were awarded to women, and 70.8% awarded men. The majority of degree recipients were white (397 degrees), 9.68 times more than then the next closest race/ethnicity group, black or african american (41 degrees).

The median undergraduate tuition at Lawrence Technological University is $31,410, which is $10,677 more than the national average for Masters Colleges and Universities ($20,733).

Costs

The median undergraduate tuition at Lawrence Technological University is $31,410, which is $10,677 more than the national average for Masters Colleges and Universities ($20,733).

After taking grants and loans into account, the average net price for students is $27,373.

In 2017, 71% of undergraduate students received federal grants, while 45% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$31,410

2017 Undergraduate Tuition

In 2017, the cost of tuition at Lawrence Technological University was $31,410. The cost of tuition at Lawrence Technological University is $10,677 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

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

$27,373

2017 Value

0.476%

1 Year Growth

In 2017 Lawrence Technological University had an average net price — the price paid after factoring in grants and loans — of $27,373. Between 2016 and 2017, the average net price of Lawrence Technological University grew by 0.476%.

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

$10,107

Room and Board

$1,453

Books and Supplies

The average yearly cost of room and board at Lawrence Technological University was of $10,107 in 2017. During the same period, the average yearly cost of books and supplies was $1,453. The cost of room and board increased by 6.73% between 2016 and 2017. The cost of books and supplies increased by 1.82% during the same period.

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Financial Aid

Financial Aid by Income Level

71%

Of Undergraduates Receive Grants

45%

Of Undergraduates Receive Federal Loans

71% of undergraduate students at Lawrence Technological University received grants or loans in 2017. This represents a growth of 2.9% with respect to 2016, 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.

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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.

5.31%

2016 Default Rate

26

Number of Defaults

In 2016 the default rate for borrower's at Lawrence Technological University was 5.31%, which represents 26 out of the 490 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 2,173 undergraduate applications in 2017, which represents a 6.26% annual decline. Out of those 2,173 applicants, 1,296 students were accepted for enrollment, representing a 59.6% acceptance rate.

There were 3,069 students enrolled at Lawrence Technological University in 2017, and 69% of first-time enrollees submitted SAT scores with their applications.

Lawrence Technological University has an overall enrollment yield of 28.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

59.6%

Acceptance Rate in 2017

1,296

Accepted Out of 2,173

In 2017, the undergraduate acceptance rate of Lawrence Technological University was 59.6% (1,296 admissions from 2,173 applications). This is lower than the acceptance rate of 2016, which was 69.3%. Between 2016 and 2017, the number of applicants declined by -6.26%, while admissions declined by -19.4%.

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

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SAT Scores

69%

Submission Percentage

256

Scores Submitted

69% of enrolled first-time students at Lawrence Technological University in 2017 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 3,069 students. The full-time enrollment at Lawrence Technological University is 1,706 students and the part-time enrollment is 1,363. This means that 55.6% of students enrolled at Lawrence Technological University are enrolled full-time.

The enrolled student population at Lawrence Technological University, both undergraduate and graduate, is 53.7% White, 5.8% Black or African American, 2.83% Asian, 2.83% Hispanic or Latino, 1.34% Two or More Races, 0.293% 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 (47.6%), followed by White Female (18.1%) and Black or African American Male (3.95%). Students enrolled in full-time Graduate programs are majority White Male (32.4%), followed by White Female (26.5%) and Asian Female (5.88%).

Full-Time vs Part-Time Enrollment

55.6%

Full-Time Enrollment

The total enrollment at Lawrence Technological University, both undergraduate and graduate, is 3,069 students. The full-time enrollment at Lawrence Technological University is 1,706 and the part-time enrollment is 1,363. This means that 55.6% of students enrolled at Lawrence Technological University are enrolled full-time compared with 68.6% 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

82%

2017 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 82%. 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

    1,649

  2. Black or African American

    178

  3. Asian

    87

The enrolled student population at Lawrence Technological University is 53.7% White, 5.8% Black or African American, 2.83% Asian, 2.83% Hispanic or Latino, 1.34% Two or More Races, 0.293% 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 54.4% White, 15% Hispanic or Latino, and 13.2% 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, 311 students (10.1%) did not report their race.

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Graduates

In 2017, 415 fewer women than men received degrees from Lawrence Technological University. The majority of degree recipients at Lawrence Technological University are white (397 degrees awarded). There were 9.68 times more white graduates than the next closest race/ethnicity group, black or african american (41 degrees).

The most common Bachelor's Degree concentration at Lawrence Technological University is Mechanical Engineering (75 degrees awarded), followed by Architectural & Building Sciences & Technology (66 degrees) and Electrical & Electronics Engineering (25 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 (158 degrees awarded), Engineering (455 degrees), and Communication Technologies (13 degrees).

Workforce

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 Lawrence Technological University are Software developers (771,121 people), Other managers (426,418 people), Miscellaneous engineers, including nuclear engineers (335,268 people), Civil engineers (238,937 people), and Mechanical engineers (185,226 people).

The most specialized majors at Lawrence Technological University are Architecture and Related Services (158 degrees awarded), Engineering (455 degrees), Communication Technologies (13 degrees), Computer and Information Sciences and Support Services (131 degrees), and Engineering Technologies (52 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The most specialized majors at Lawrence Technological University are Architecture and Related Services (158 degrees awarded), Engineering (455 degrees), Communication Technologies (13 degrees), Computer and Information Sciences and Support Services (131 degrees), and Engineering Technologies (52 degrees).

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Common Industries by Major

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 (878,989 people), Architectural, engineering & related services (549,356 people), Construction (318,014 people), Colleges, universities & professional schools, including junior colleges (246,549 people), and Management, scientific & technical consulting services (203,047 people).

The most specialized majors at Lawrence Technological University are Architecture and Related Services (158 degrees awarded), Engineering (455 degrees), Communication Technologies (13 degrees), Computer and Information Sciences and Support Services (131 degrees), and Engineering Technologies (52 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.

In 2017, the most common bachelors degree concentration at Lawrence Technological University was Mechanical Engineering with 75 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. 707

  2. 292

In 2017, 707 degrees were awarded to men at Lawrence Technological University, which is 2.42 times more than the number of degrees awarded to females (292).

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 2017, 139 degrees were awarded to men at Lawrence Technological University in Mechanical Engineering, which is 6.95 times more than the 20 female recipients with that same degree.

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Most Common Female Majors

In 2017, 54 degrees were awarded to women at Lawrence Technological University in Architectural & Building Sciences & Technology, which is 0.675 times less than the 80 male recipients with that same degree.

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Time to Complete

31%

100% Completion Time

56%

150% Completion Time

In 2017, 31% of students graduating from Lawrence Technological University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 150% of the normal time, and 58% 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 (68.1%).

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, 1.52% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    397 degrees awarded

  2. Black or African American

    41 degrees awarded

  3. Unknown

    25 degrees awarded

The most common race/ethnicity at Lawrence Technological University is white (397 degrees awarded). There were 9.68 times more white recipients than the next closest race/ethnicity group, black or african american (41 degrees).

2.5% of degree recipients (25 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    267 degrees awarded

  2. White Female

    130 degrees awarded

  3. Black or African American Male

    22 degrees awarded

The most common race/ethnicity and gender grouping at Lawrence Technological University is white male (267 degrees awarded). There were 2.05 times more white male recipients than the next closest race/ethnicity group, white female (130 degrees).

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Operations

Lawrence Technological University has an endowment valued at nearly $49.1M, as of the end of the 2017 fiscal year. The return on its endowment was of $5.6M (11.4%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, Lawrence Technological University had a total salary expenditure of $67.7M. Lawrence Technological University employs 38 Assistant professors, 34 Associate professors, and 31 Lecturers. Most academics at Lawrence Technological University are Male Assistant professors (28), Male Associate professors(25), and Male Lecturers (19).

The most common positions for non-instructional staff at Lawrence Technological University are: Management, with 82 employees, Office and Administrative Support, with 55 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 36 employees.

Finances

Endowment

$49.1M

2017 Endowment

8.16%

growth from 2016

Lawrence Technological University has an endowment valued at about $49.1M, as of the end of the 2017 fiscal year. The endowment of Lawrence Technological University grew 8.16% from the previous year. The value of their endowment was $16M 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. $581k - Federal

  2. $560k - State

  3. $0 - Local

As of 2017, Lawrence Technological University received $581k in grants and contracts from the federal government, $560k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$29.6M

2017 Salaries

1.94%

growth from 2016

In 2017, Lawrence Technological University paid a median of $29.6M in salaries, which represents 43.7% of their overall expenditure ($67.7M) and a 1.94% growth from the previous year. This is compared to a 1.52% growth from 2015 and a 5.4% growth from 2014.

The median for similar Masters Colleges and Universities is 31.4M (40.5% of overall expenditures).

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Instructional Salaries

$7.66M

Instructional Salaries

113

Number of Employees

In 2017, Lawrence Technological University paid a total of $7.66M to 113 employees working as instructors, which represents 25.9% of all salaries paid.

This is compared to a median of $16.8M (34%) for similar Masters Colleges & Universities: Larger Programs.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

38 Employees

Management

Most Common Non-Instructional Employee

82 Employees

In 2017, the most common positions for instructional staff at Lawrence Technological University were Assistant professor with 38 employees; Associate professor with 34 employees; and Associate professor with 31 employees.

In 2017, the most common positions for non-instructional staff at Lawrence Technological University were Management with 82 employees; Office and Administrative Support with 55 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 36 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 2017, the most common demographic for instructional staff at Lawrence Technological University was Male Assistant professor with 28 employees, Male Associate professor with 25 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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