Laurus College

www.lauruscollege.edu/

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2021 Average Net Price

$13,721

After Financial Aid

2019 Student Loan

10.6%

Default Rate

2021 Enrolled Students

734

22.8% Full-Time

2021 Graduation Rate

49.1%

55 Graduates

About

Laurus College is a higher education institution located in San Luis Obispo County, CA. In 2021, the most popular Associates Degree concentrations at Laurus College were Medical Insurance Specialist (37 degrees awarded), General Business Administration & Management (33 degrees), and Computer Support Specialist (25 degrees).

In 2021, 129 degrees were awarded across all undergraduate and graduate programs at Laurus College. 39.5% of these degrees were awarded to women, and 60.5% awarded men. The most common race/ethnicity group of degree recipients was white (41 degrees), 1.41 times more than then the next closest race/ethnicity group, hispanic or latino (29 degrees).

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $13,721.

In 2021, 77% of undergraduate students attending Laurus College received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Average Net Price

$13,721

2021 Value

19.9%

1 Year Growth

In 2021 Laurus College had an average net price — the price paid after factoring in grants and loans — of $13,721. Between 2020 and 2021, the average net price of Laurus College grew by 19.9%.

This chart compares the average net price of Laurus College (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.

Financial Aid by Income Level

77%

Undergraduates Receiving Financial Aid through Grants

64%

Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at Laurus College received financial aid through grants or loans in 2021. This represents a growth of 11.6% with respect to 2020, when 69% of undergraduate students received financial aid.

This chart compares the average award discount at Laurus College (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.

10.6%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Laurus College was 10.6%, which represents 38 out of the 358 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.

Enrollment

Laurus College had a total enrollment of 734 students in 2021. The full-time enrollment at Laurus College is 167 students and the part-time enrollment is 567. This means that 22.8% of students enrolled at Laurus College are enrolled full-time.

The enrolled student population at Laurus College, both undergraduate and graduate, is 25.7% Hispanic or Latino, 24.3% White, 21.7% Asian, 17.7% Black or African American, 3% Native Hawaiian or Other Pacific Islanders, 2.32% Two or More Races, and 1.77% American Indian or Alaska Native.

Students enrolled at Laurus College in full-time Undergraduate programs are most commonly Asian Male (23.4%), followed by Hispanic or Latino Female (18%) and Black or African American Male (10.8%).

Full-Time vs Part-Time Enrollment

22.8%

Full-Time Enrollment

The total enrollment at Laurus College in 2021, both undergraduate and graduate, is 734 students. The full-time enrollment at Laurus College is 167 and the part-time enrollment is 567.

This chart shows the full-time vs part-time enrollment status at Laurus College (in red) compares to similar universities.

Retention Rate over Time

75%

2021 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 Laurus College was 75%. Compared with the full-time retention rate at similar (77%), Laurus College had a retention rate lower than its peers.

This chart shows the retention rate over time at Laurus College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Hispanic or Latino
189 enrolled students
White
178 enrolled students
Asian
159 enrolled students

The enrolled student population at Laurus College is 25.7% Hispanic or Latino, 24.3% White, 21.7% Asian, 17.7% Black or African American, 3% Native Hawaiian or Other Pacific Islanders, 2.32% Two or More Races, and 1.77% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

Graduates

In 2021, 27 fewer women than men received degrees from Laurus College. The most common race/ethnicity group of degree recipients at Laurus College is white (41 degrees awarded). There were 1.41 times more white recipients than the next closest race/ethnicity group, hispanic or latino (29 degrees).

The most common Associates Degree concentration at Laurus College is Medical Insurance Specialist (37 degrees awarded), followed by General Business Administration & Management (33 degrees) and Computer Support Specialist (25 degrees).

In 2021, the most specialized majors across all degree types at Laurus College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (11 degrees awarded), Computer and Information Sciences and Support Services (38 degrees), and Business (43 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Laurus College are Registered nurses (1,413,614 people), Accountants & auditors (1,049,366 people), Other managers (774,374 people), Software developers (598,979 people), and Financial managers (479,270 people).

The most specialized majors at Laurus College in 2021 are Communication Technologies (11 degrees awarded), Computer and Information Sciences and Support Services (38 degrees), Business (43 degrees), and Health (37 degrees) (as of 2021).

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 Laurus College are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Magnetic resonance imaging technologists

The most specialized majors at Laurus College are Communication Technologies (11 degrees awarded), Computer and Information Sciences and Support Services (38 degrees), Business (43 degrees), and Health (37 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Laurus College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,776,692 people), Computer Systems Design (979,357 people), Elementary & secondary schools (687,358 people), Banking & related activities (528,629 people), and Insurance carriers (498,667 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Laurus College.

Most Common (2021)

Medical Insurance Specialist
37 degrees awarded
General Business Administration & Management
33 degrees awarded
Computer Support Specialist
25 degrees awarded

In 2021, the most common associates degree concentration at Laurus College was Medical Insurance Specialist with 37 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Laurus College according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 78 degrees were awarded to men at Laurus College, which is 1.53 times more than the number of degrees awarded to females (51).

This chart displays the sex disparity between the top 5 majors at Laurus College by degrees awarded.

Most Common Male Majors

In 2021, 32 degrees were awarded to men at Laurus College in General Business Administration & Management, which is 2.91 times more than the 11 female recipients with that same degree.

Most Common Female Majors

In 2021, 29 degrees were awarded to men at Laurus College in Medical Insurance Specialist, which is 3.63 times more than the 8 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Female

Highest Graduation Rate (64%)

The student demographic with the highest graduation rate in 2021 at Laurus College is Female and Hispanic or Latino (64% graduation rate). Across all , Asian Female students have the highest graduation rate (72.9%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
41 degrees awarded
Hispanic or Latino
29 degrees awarded
Asian
24 degrees awarded

The most common race/ethnicity at Laurus College is white (41 degrees awarded). There were 1.41 times more white recipients than the next closest race/ethnicity group, hispanic or latino (29 degrees).

7.75% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
21 degrees awarded
White Female
20 degrees awarded
Asian Male
17 degrees awarded

The most common race/ethnicity and sex grouping at Laurus College is white male (21 degrees awarded). There were 1.05 times more white male recipients than the next closest race/ethnicity group, white female (20 degrees).

Operations

Laurus College employs 36 Instructors. Most academics at Laurus College are Male Instructor (20), and Female Instructor (16).

The most common positions for non-instructional staff at Laurus College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 30 employees, Management, with 10 employees, and Office and Administrative Support with 5 employees.

Salary Expenditure

$8.42M

2021 Salaries

27.9%

growth from 2020

In 2021, Laurus College paid a median of $8.42M in salaries, a 27.9% growth from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

Instructional Salaries

$2.04M

Instructional Salaries

Number of Employees

In 2021, Laurus College paid a total of $2.04M to 36 employees working as instructors, which represents 24.2% of all salaries paid.

This is compared to a median of $398k (66.7%) for similar Unknown.

Occupations by Share

Instructor

Most Common Instructor

36 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

30 Employees

In 2021, the most common positions for instructional staff at Laurus College was Instructor with 36 employees.

In 2021, the most common positions for non-instructional staff at Laurus College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 30 employees, Management with 10 employees, and Office and Administrative Support with 5 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Instructor
Female Instructor

In 2021, the most common demographic for instructional staff at Laurus College was Male Instructor with 20 employees, and Female Instructor with 16 employees.

This chart shows the sex split between each academic rank present at Laurus College.