Lake Washington Institute of Technology

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2022 Undergraduate Tuition
$3,102
2.41% growth from 2021
2022 Average Net Price
$9,694
After Financial Aid
2019 Default Rate
1.86%
on Student Loans
2022 Enrolled Students
3,150
48.4% Full-Time
2022 Graduation Rate
43.7%
66 Graduates

About

Lake Washington Institute of Technology is a higher education institution located in King County, WA. In 2022, the most popular Associates Degree concentrations at Lake Washington Institute of Technology were Registered Nursing (83 degrees awarded), Animation, Interactive Technology, Video Graphics, & Special Effects (37 degrees), and Early Childhood Education & Teaching (33 degrees).

In 2022, 1,272 degrees were awarded across all undergraduate and graduate programs at Lake Washington Institute of Technology. 62.2% of these degrees were awarded to women, and 37.8% awarded men. The most common race/ethnicity group of degree recipients was white (590 degrees), 2.96 times more than then the next closest race/ethnicity group, hispanic or latino (199 degrees).

The median undergraduate tuition at Lake Washington Institute of Technology is $3,102, which is $−8,862 less than the national average for Baccalaureate/Associates Colleges ($11,964).

Costs

In 2022, the median undergraduate tuition at Lake Washington Institute of Technology is $3,102, which is $−8,862 less than the national average for Baccalaureate/Associates Colleges ($11,964).

After taking grants and loans into account, the average net price for students is $9,694.

In 2022, 34% of undergraduate students attending Lake Washington Institute of Technology received financial aid through grants. Comparatively, 5% of undergraduate students received financial aid through loans.

Tuition Costs

$3,102
2022 Undergraduate Tuition

In 2022, the cost of tuition at Lake Washington Institute of Technology was $3,102. The cost of tuition at Lake Washington Institute of Technology is $−8,862 less than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($11,964).

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Average Net Price

$9,694
2022 Value
10.7%
1 Year Growth

In 2022 Lake Washington Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $9,694. Between 2021 and 2022, the average net price of Lake Washington Institute of Technology grew by 10.7%.

This chart compares the average net price of Lake Washington Institute of Technology (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

$11,118
Room and Board
$1,101
Books and Supplies

The average yearly cost of room and board at Lake Washington Institute of Technology was of $11,118 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,101. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

34%
Undergraduates Receiving Financial Aid through Grants
5%
Undergraduates Receiving Financial Aid through Loans

34% of undergraduate students at Lake Washington Institute of Technology received financial aid through grants or loans in 2022. This represents a decline of 2.86% with respect to 2021, when 35% of undergraduate students received financial aid.

This chart compares the average award discount at Lake Washington Institute of Technology (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.
1.86%
2019 Default Rate
6
Number of Defaults

In 2019 the default rate for borrower's at Lake Washington Institute of Technology was 1.86%, which represents 6 out of the 323 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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Enrollment

Lake Washington Institute of Technology had a total enrollment of 3,150 students in 2022. The full-time enrollment at Lake Washington Institute of Technology is 1,526 students and the part-time enrollment is 1,624. This means that 48.4% of students enrolled at Lake Washington Institute of Technology are enrolled full-time.

The enrolled student population at Lake Washington Institute of Technology, both undergraduate and graduate, is 46.6% White, 14.4% Hispanic or Latino, 12.1% Asian, 5.87% Two or More Races, 5.21% Black or African American, 0.54% American Indian or Alaska Native, and 0.286% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lake Washington Institute of Technology in full-time Undergraduate programs are most commonly White Male (25.6%), followed by White Female (24.4%) and Hispanic or Latino Male (7.14%).

Full-Time vs Part-Time Enrollment

48.4%
Full-Time Enrollment

The total enrollment at Lake Washington Institute of Technology in 2022, both undergraduate and graduate, is 3,150 students. The full-time enrollment at Lake Washington Institute of Technology is 1,526 and the part-time enrollment is 1,624. This means that 48.4% of students enrolled at Lake Washington Institute of Technology are enrolled full-time compared with 43.2% at similar Baccalaureate/Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Lake Washington Institute of Technology (in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    1,468 enrolled students
  2. Hispanic or Latino
    453 enrolled students
  3. Asian
    381 enrolled students

The enrolled student population at Lake Washington Institute of Technology is 46.6% White, 14.4% Hispanic or Latino, 12.1% Asian, 5.87% Two or More Races, 5.21% Black or African American, 0.54% American Indian or Alaska Native, and 0.286% 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 Baccalaureate/Associates Colleges is 42.6% White, 27.7% Hispanic or Latino, and 14% 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, 341 students (10.8%) did not report their race.

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Graduates

In 2022, 310 more women than men received degrees from Lake Washington Institute of Technology. The most common race/ethnicity group of degree recipients at Lake Washington Institute of Technology is white (590 degrees awarded). There were 2.96 times more white recipients than the next closest race/ethnicity group, hispanic or latino (199 degrees).

The most common Associates Degree concentration at Lake Washington Institute of Technology is Registered Nursing (83 degrees awarded), followed by Animation, Interactive Technology, Video Graphics, & Special Effects (37 degrees) and Early Childhood Education & Teaching (33 degrees).

In 2022,  the most specialized majors across all degree types at Lake Washington Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (45 degrees awarded), Precision Production (66 degrees), and Mechanical Technologies (111 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lake Washington Institute of Technology are Elementary & middle school teachers (1,520,725 people), Software developers (574,097 people), Secondary school teachers (434,938 people), Education administrators (241,129 people), and Other managers (193,947 people).

The most specialized majors at Lake Washington Institute of Technology in 2022 are Communication Technologies (45 degrees awarded), Precision Production (66 degrees), Mechanical Technologies (111 degrees), Education (255 degrees), and Engineering Technologies (64 degrees) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake Washington Institute of Technology are Cardiovascular technologists and technicians, Surgeons, Physicians, Architectural & engineering managers, and Physician assistants

The most specialized majors at Lake Washington Institute of Technology are Communication Technologies (45 degrees awarded), Precision Production (66 degrees), Mechanical Technologies (111 degrees), Education (255 degrees), and Engineering Technologies (64 degrees) (as of 2022).

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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 Lake Washington Institute of Technology are Elementary & secondary schools (2,651,314 people), Computer Systems Design (620,771 people), Colleges, universities & professional schools, including junior colleges (269,447 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (148,630 people), and Insurance carriers (108,599 people).

The most specialized majors at Lake Washington Institute of Technology are Communication Technologies (45 degrees awarded), Precision Production (66 degrees), Mechanical Technologies (111 degrees), Education (255 degrees), and Engineering Technologies (64 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lake Washington Institute of Technology.

In 2022, the most common associates degree concentration at Lake Washington Institute of Technology was Registered Nursing with 83 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Lake Washington Institute of Technology according to their major.

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Sex Breakdown for Common Majors

481
Degrees Awarded to Men
in 2022
791
Degrees Awarded to Women
in 2022

In 2022, 481 degrees were awarded to men at Lake Washington Institute of Technology, which is 0.608 times less than the number of degrees awarded to females (791).

This chart displays the sex disparity between the top 5 majors at Lake Washington Institute of Technology by degrees awarded.

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Most Common Male Majors

In 2022, 52 degrees were awarded to men at Lake Washington Institute of Technology in Welding Technology, which is 6.5 times more than the 8 female recipients with that same degree.

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Most Common Female Majors

In 2022, 247 degrees were awarded to men at Lake Washington Institute of Technology in Early Childhood Education & Teaching, which is 41.2 times more than the 6 male recipients with that same degree.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Female
Highest Graduation Rate (88.9%)

The student demographic with the highest graduation rate in 2022 at Lake Washington Institute of Technology is Female and Hispanic or Latino (88.9% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 13.6% of graduates (9 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    590 degrees awarded
  2. Hispanic or Latino
    199 degrees awarded
  3. Asian
    176 degrees awarded

The most common race/ethnicity at Lake Washington Institute of Technology is white (590 degrees awarded). There were 2.96 times more white recipients than the next closest race/ethnicity group, hispanic or latino (199 degrees).

9.2% of degree recipients (117 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    322 degrees awarded
  2. White Male
    268 degrees awarded
  3. Hispanic or Latino Female
    140 degrees awarded

The most common race/ethnicity and sex grouping at Lake Washington Institute of Technology is white female (322 degrees awarded). There were 1.2 times more white female recipients than the next closest race/ethnicity group, white male (268 degrees).

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Operations

Lake Washington Institute of Technology has an endowment valued at nearly $480k, as of the end of the 2022 fiscal year. The return on its endowment was of 19.3k (4.02%) compared to the 0.527% average return (72.1k on 13.7M) across all Baccalaureate/Associates Colleges.

In 2022, Lake Washington Institute of Technology had a total salary expenditure of 49M. Lake Washington Institute of Technology employs 82 No academic ranks. Most academics at Lake Washington Institute of Technology are Female No academic rank (52), and Male No academic rank (30).

The most common positions for non-instructional staff at Lake Washington Institute of Technology are: Management, with 45 employees, Office and Administrative Support, with 37 employees, and Business and Financial Operations with 20 employees.

Endowment

$480k
2022 Endowment
4.49%
decline from 2021

Lake Washington Institute of Technology has an endowment valued at about $480k, as of the end of the 2022 fiscal year. The endowment of Lake Washington Institute of Technology declined 4.49% from the previous year. The value of their endowment was $13.2M lower than than the median endowment of Baccalaureate/Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lake Washington Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate/Associates Colleges: Associates Dominant Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $1.79M - Federal
  2. $4.9M - State
  3. $1.21M - Local

As of 2022, Lake Washington Institute of Technology received $1.79M in grants and contracts from the federal government, $4.9M from state grants and contracts, and $1.21M from local grants and contracts.

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Salary Expenditure

$24.3M
2022 Salaries
2.27%
growth from 2021

In 2022, Lake Washington Institute of Technology paid a median of $24.3M in salaries, which represents 49.7% of their overall expenditure ($49M) and a 2.27% growth from the previous year.

The median for similar Baccalaureate/Associates Colleges is 13M (33.2% of overall expenditures).

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Instructional Salaries

$6.26M
Instructional Salaries
82
Number of Employees

In 2022, Lake Washington Institute of Technology paid a total of $6.26M to 82 employees working as instructors, which represents 25.7% of all salaries paid.

This is compared to a median of $3.45M (26.6%) for similar Baccalaureate/Associates Colleges.

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Occupations by Share

No academic rank
Most Common Instructor
82 Employees
Management
Most Common Non-Instructional Employee
45 Employees

In 2022, the most common positions for instructional staff at Lake Washington Institute of Technology was No academic rank with 82 employees.

In 2022, the most common positions for non-instructional staff at Lake Washington Institute of Technology were Management with 45 employees, Office and Administrative Support with 37 employees, and Business and Financial Operations with 20 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female No academic rank
  2. Male No academic rank

In 2022, the most common demographic for instructional staff at Lake Washington Institute of Technology was Female No academic rank with 52 employees, and Male No academic rank with 30 employees.

This chart shows the sex split between each academic rank present at Lake Washington Institute of Technology.

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