Lawrence Technological University

www.ltu.edu/

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2021 Undergraduate Tuition

$36,480

2.96% growth from 2020

2021 Average Net Price

$32,628

After Financial Aid

2019 Student Loan

0.866%

Default Rate

2021 Acceptance Rate

81.1%

2,641 Applicants

2021 Enrolled Students

2,955

58.5% Full-Time

2021 Graduation Rate

55%

187 Graduates

About

Lawrence Technological University is a higher education institution located in Oakland County, MI. In 2021, the most popular Bachelors Degree concentrations at Lawrence Technological University were Mechanical Engineering (68 degrees awarded), Architectural & Building Sciences & Technology (46 degrees), and Electrical & Electronics Engineering (43 degrees).

In 2021, 673 degrees were awarded across all undergraduate and graduate programs at Lawrence Technological University. 31.9% of these degrees were awarded to women, and 68.1% awarded men. The most common race/ethnicity group of degree recipients was white (383 degrees), 11.3 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 $36,480, which is $13,296 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Lawrence Technological University is $36,480, which is $13,296 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $32,628.

In 2021, 72% of undergraduate students attending Lawrence Technological University received financial aid through grants. Comparatively, 46% of undergraduate students received financial aid through loans.

Tuition Costs

$36,480

2021 Undergraduate Tuition

In 2021, the cost of tuition at Lawrence Technological University was $36,480. The cost of tuition at Lawrence Technological University is $13,296 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

Average Net Price

$32,628

2021 Value

1.6%

1 Year Growth

In 2021 Lawrence Technological University had an average net price — the price paid after factoring in grants and loans — of $32,628. Between 2020 and 2021, the average net price of Lawrence Technological University grew by 1.6%.

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

$10,900

Room and Board

$1,567

Books and Supplies

The average yearly cost of room and board at Lawrence Technological University was of $10,900 in 2021. The cost of room and board increased by 3.42% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,567. The cost of books and supplies increased by 2.02% 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

72%

Undergraduates Receiving Financial Aid through Grants

46%

Undergraduates Receiving Financial Aid through Loans

72% of undergraduate students at Lawrence Technological University received financial aid through grants or loans in 2021. This represents a decline of 1.37% with respect to 2020, when 73% 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.

0.866%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Lawrence Technological University was 0.866%, which represents 4 out of the 462 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 2,641 undergraduate applications in 2021, which represents a 2.05% annual growth. Out of those 2,641 applicants, 2,141 students were accepted for enrollment, representing a 81.1% acceptance rate.

There were 2,955 students enrolled at Lawrence Technological University in 2021.

Lawrence Technological University has an overall enrollment yield of 22.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

81.1%

Acceptance Rate in 2021

2,141

Accepted Out of 2,641

In 2021, the undergraduate acceptance rate of Lawrence Technological University was 81.1% (2,141 admissions from 2,641 applications). This is lower than the acceptance rate of 2020, which was 82.5%. Between 2020 and 2021, the number of applicants grew by 2.05%, while admissions grew by 0.328%..

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.

Enrollment

Lawrence Technological University had a total enrollment of 2,955 students in 2021. The full-time enrollment at Lawrence Technological University is 1,729 students and the part-time enrollment is 1,226. This means that 58.5% of students enrolled at Lawrence Technological University are enrolled full-time.

The enrolled student population at Lawrence Technological University, both undergraduate and graduate, is 53.8% White, 9.31% Black or African American, 3.59% Hispanic or Latino, 2.88% Asian, 1.93% Two or More Races, 0.169% American Indian or Alaska Native, and 0.102% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lawrence Technological University in full-time Undergraduate programs are most commonly White Male (45%), followed by White Female (21.1%) and Black or African American Male (8.05%). Students enrolled in full-time Graduate programs are most commonly White Male (55.6%), followed by White Female (18.5%) and Black or African American Male (3.7%).

Full-Time vs Part-Time Enrollment

58.5%

Full-Time Enrollment

The total enrollment at Lawrence Technological University in 2021, both undergraduate and graduate, is 2,955 students. The full-time enrollment at Lawrence Technological University is 1,729 and the part-time enrollment is 1,226. This means that 58.5% of students enrolled at Lawrence Technological University are enrolled full-time compared with 68.3% 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

73%

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 Lawrence Technological University was 73%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Lawrence Technological University had a retention rate approximately the same as 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 (2021)

White
1,589 enrolled students
Black or African American
275 enrolled students
Hispanic or Latino
106 enrolled students

The enrolled student population at Lawrence Technological University is 53.8% White, 9.31% Black or African American, 3.59% Hispanic or Latino, 2.88% Asian, 1.93% Two or More Races, 0.169% American Indian or Alaska Native, and 0.102% 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% White, 16.9% Hispanic or Latino, and 12.8% 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, 501 students (17%) did not report their race.

Graduates

In 2021, 243 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 (383 degrees awarded). There were 11.3 times more white recipients 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 (68 degrees awarded), followed by Architectural & Building Sciences & Technology (46 degrees) and Electrical & Electronics Engineering (43 degrees).

In 2021, 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 (98 degrees awarded), Engineering (282 degrees), and Communication Technologies (7 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 (890,057 people), Other managers (424,715 people), Miscellaneous engineers, including nuclear engineers (373,537 people), Civil engineers (272,303 people), and Mechanical engineers (205,524 people).

The most specialized majors at Lawrence Technological University in 2021 are Architecture and Related Services (98 degrees awarded), Engineering (282 degrees), Communication Technologies (7 degrees), Engineering Technologies (39 degrees), and Computer and Information Sciences and Support Services (77 degrees) (as of 2021).

Highest Paying Jobs by Major

Podiatrists

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 Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Magnetic resonance imaging technologists

The most specialized majors at Lawrence Technological University are Architecture and Related Services (98 degrees awarded), Engineering (282 degrees), Communication Technologies (7 degrees), Engineering Technologies (39 degrees), and Computer and Information Sciences and Support Services (77 degrees) (as of 2021).

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 (966,239 people), Architectural, engineering & related services (579,815 people), Construction (345,868 people), Colleges, universities & professional schools, including junior colleges (251,779 people), and Management, scientific & technical consulting services (195,047 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 (2021)

Mechanical Engineering
68 degree-majors awarded
Architectural & Building Sciences & Technology
46 degree-majors awarded
Electrical & Electronics Engineering
43 degree-majors awarded

In 2021, the most common bachelors degree concentration at Lawrence Technological University was Mechanical Engineering with 68 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

458

Degrees Awarded to Men

in 2021

215

Degrees Awarded to Women

in 2021

In 2021, 458 degrees were awarded to men at Lawrence Technological University, which is 2.13 times more than the number of degrees awarded to females (215).

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

Most Common Male Majors

In 2021, 83 degrees were awarded to men at Lawrence Technological University in Mechanical Engineering, which is 4.15 times more than the 20 female recipients with that same degree.

Most Common Female Majors

In 2021, 33 degrees were awarded to men at Lawrence Technological University in Architectural & Building Sciences & Technology, which is 0.569 times less than the 58 male recipients with that same degree.

Time to Complete

22%

100% Completion Time

59%

150% Completion Time

In 2021, 22% of students graduating from Lawrence Technological University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 65% 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 in 2021 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 (72.9%).

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.

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, 2.67% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
383 degrees awarded
Black or African American
34 degrees awarded
Asian
27 degrees awarded

The most common race/ethnicity at Lawrence Technological University is white (383 degrees awarded). There were 11.3 times more white recipients than the next closest race/ethnicity group, black or african american (34 degrees).

3.57% of degree recipients (24 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
251 degrees awarded
White Female
132 degrees awarded
Black or African American Male
19 degrees awarded

The most common race/ethnicity and sex grouping at Lawrence Technological University is white male (251 degrees awarded). There were 1.9 times more white male recipients than the next closest race/ethnicity group, white female (132 degrees).

Operations

Lawrence Technological University has an endowment valued at nearly $57.9M, as of the end of the 2021 fiscal year. The return on its endowment was of 12.4M (21.4%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Lawrence Technological University had a total salary expenditure of 72M. Lawrence Technological University employs 45 Assistant professors, 36 Lecturers and 24 Associate professors. Most academics at Lawrence Technological University are Male Assistant professor (31), Male Lecturer (25), and Male Associate professor (19).

The most common positions for non-instructional staff at Lawrence Technological University are: Management, with 86 employees, Office and Administrative Support, with 54 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 40 employees.

Endowment

$57.9M

2021 Endowment

19%

growth from 2020

Lawrence Technological University has an endowment valued at about $57.9M, as of the end of the 2021 fiscal year. The endowment of Lawrence Technological University grew 19% from the previous year. The value of their endowment was $7.49M 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

$1.91M - Federal
$870k - State
$388k - Local

As of 2021, Lawrence Technological University received $1.91M in grants and contracts from the federal government, $870k from state grants and contracts, and $388k from local grants and contracts.

Salary Expenditure

$29.3M

2021 Salaries

growth from 2020

In 2021, Lawrence Technological University paid a median of $29.3M in salaries, which represents 40.8% of their overall expenditure ($72M) and a 0% growth from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$8.35M

Instructional Salaries

115

Number of Employees

In 2021, Lawrence Technological University paid a total of $8.35M to 115 employees working as instructors, which represents 28.4% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

45 Employees

Management

Most Common Non-Instructional Employee

86 Employees

In 2021, the most common positions for instructional staff at Lawrence Technological University were Assistant professor with 45 employees, Lecturer with 36 employees, and Associate professor with 24 employees.

In 2021, the most common positions for non-instructional staff at Lawrence Technological University were Management with 86 employees, Office and Administrative Support with 54 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 40 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Assistant professor
Male Lecturer
Male Associate professor

In 2021, the most common demographic for instructional staff at Lawrence Technological University was Male Assistant professor with 31 employees, Male Lecturer with 25 employees, and Male Associate professor with 19 employees.

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