LDS Business College

www.ldsbc.edu

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2021 Undergraduate Tuition

$3,656

2.99% growth from 2020

2021 Average Net Price

$9,998

After Financial Aid

2019 Student Loan

2.26%

Default Rate

2021 Enrolled Students

2,665

42.1% Full-Time

2021 Graduation Rate

30.4%

126 Graduates

About

LDS Business College is a higher education institution located in Salt Lake County, UT. In 2021, the most popular Associates Degree concentrations at LDS Business College were General Studies (298 degrees awarded), Small Business Administration & Management (45 degrees), and Interior Design (25 degrees).

In 2021, 793 degrees were awarded across all undergraduate and graduate programs at LDS Business College. 48.2% of these degrees were awarded to women, and 51.8% awarded men. The most common race/ethnicity group of degree recipients was white (294 degrees), 2.35 times more than then the next closest race/ethnicity group, hispanic or latino (125 degrees).

The median undergraduate tuition at LDS Business College is $3,656, which is $−4,312 less than the national average for Associates Colleges ($7,968).

Associates Colleges: Mixed Transfer/Career & Technical-High Traditional Associates Colleges

Costs

In 2021, the median undergraduate tuition at LDS Business College is $3,656, which is $−4,312 less than the national average for Associates Colleges ($7,968).

After taking grants and loans into account, the average net price for students is $9,998.

In 2021, 56% of undergraduate students attending LDS Business College received financial aid through grants. Comparatively, 6% of undergraduate students received financial aid through loans.

Tuition Costs

$3,656

2021 Undergraduate Tuition

In 2021, the cost of tuition at LDS Business College was $3,656. The cost of tuition at LDS Business College is $−4,312 less than than the overall (public and private) national average for Associates Colleges ($7,968).

This chart compares the tuition costs of LDS Business College (in red) with those of other similar universities.

Average Net Price

$9,998

2021 Value

5.98%

1 Year Growth

In 2021 LDS Business College had an average net price — the price paid after factoring in grants and loans — of $9,998. Between 2020 and 2021, the average net price of LDS Business College grew by 5.98%.

This chart compares the average net price of LDS Business 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.

Other Student Expenses

$6,200

Room and Board

$200

Books and Supplies

The average yearly cost of room and board at LDS Business College was of $6,200 in 2021. The cost of room and board decreased by 12% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $200. The cost of books and supplies decreased by 42.9% during the same period.

This chart compares the average student costs at LDS Business College (in red) with that of similar universities.

Financial Aid by Income Level

56%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

56% of undergraduate students at LDS Business College received financial aid through grants or loans in 2021. This represents a decline of 6.67% with respect to 2020, when 60% of undergraduate students received financial aid.

This chart compares the average award discount at LDS Business 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.

2.26%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at LDS Business College was 2.26%, which represents 6 out of the 266 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

LDS Business College had a total enrollment of 2,665 students in 2021. The full-time enrollment at LDS Business College is 1,122 students and the part-time enrollment is 1,543. This means that 42.1% of students enrolled at LDS Business College are enrolled full-time.

The enrolled student population at LDS Business College, both undergraduate and graduate, is 43.6% White, 7.69% Hispanic or Latino, 5.4% Black or African American, 4.28% Asian, 2.48% Two or More Races, 1.69% Native Hawaiian or Other Pacific Islanders, and 0.788% American Indian or Alaska Native.

Students enrolled at LDS Business College in full-time Undergraduate programs are most commonly White Female (20.6%), followed by White Male (18%) and Hispanic or Latino Male (4.46%).

Full-Time vs Part-Time Enrollment

42.1%

Full-Time Enrollment

The total enrollment at LDS Business College in 2021, both undergraduate and graduate, is 2,665 students. The full-time enrollment at LDS Business College is 1,122 and the part-time enrollment is 1,543. This means that 42.1% of students enrolled at LDS Business College are enrolled full-time compared with 32.5% at similar Associates Colleges.

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

Retention Rate over Time

61%

2020 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 LDS Business College was 61%. Compared with the full-time retention rate at similar Associates Colleges (60%), LDS Business College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,161 enrolled students
Hispanic or Latino
205 enrolled students
Black or African American
144 enrolled students

The enrolled student population at LDS Business College is 43.6% White, 7.69% Hispanic or Latino, 5.4% Black or African American, 4.28% Asian, 2.48% Two or More Races, 1.69% Native Hawaiian or Other Pacific Islanders, and 0.788% 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 Associates Colleges is 44.1% White, 26.8% Hispanic or Latino, and 12.5% 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, 303 students (11.4%) did not report their race.

Graduates

In 2021, 29 fewer women than men received degrees from LDS Business College. The most common race/ethnicity group of degree recipients at LDS Business College is white (294 degrees awarded). There were 2.35 times more white recipients than the next closest race/ethnicity group, hispanic or latino (125 degrees).

The most common Associates Degree concentration at LDS Business College is General Studies (298 degrees awarded), followed by Small Business Administration & Management (45 degrees) and Interior Design (25 degrees).

In 2021, the most specialized majors across all degree types at LDS Business College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Liberal Arts & Humanities (298 degrees awarded), Legal (25 degrees), and Business (305 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at LDS Business College are Accountants & auditors (1,055,248 people), Other managers (807,146 people), Software developers (617,588 people), Financial managers (488,876 people), and Chief executives & legislators (401,760 people).

The most specialized majors at LDS Business College in 2021 are Liberal Arts & Humanities (298 degrees awarded), Legal (25 degrees), Business (305 degrees), Visual & Performing Arts (35 degrees), and Computer and Information Sciences and Support Services (59 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 LDS Business College are Surgeons, Broadcast announcers and radio disc jockeys, Physicians, Cardiovascular technologists and technicians, and Magnetic resonance imaging technologists

The most specialized majors at LDS Business College are Liberal Arts & Humanities (298 degrees awarded), Legal (25 degrees), Business (305 degrees), Visual & Performing Arts (35 degrees), and Computer and Information Sciences and Support Services (59 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 LDS Business College are Computer Systems Design (1,028,299 people), Elementary & secondary schools (753,442 people), Banking & related activities (548,898 people), Colleges, universities & professional schools, including junior colleges (520,628 people), and Insurance carriers (467,448 people).

Majors Awarded

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

Most Common (2021)

General Studies
298 degree-majors awarded
Small Business Administration & Management
45 degree-majors awarded
Interior Design
25 degree-majors awarded

In 2021, the most common associates degree concentration at LDS Business College was General Studies with 298 degrees awarded.

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

Sex Breakdown for Common Majors

411

Degrees Awarded to Men

in 2021

382

Degrees Awarded to Women

in 2021

In 2021, 411 degrees were awarded to men at LDS Business College, which is 1.08 times more than the number of degrees awarded to females (382).

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

Most Common Male Majors

In 2021, 161 degrees were awarded to men at LDS Business College in General Studies, which is 1.18 times more than the 137 female recipients with that same degree.

Most Common Female Majors

In 2021, 137 degrees were awarded to men at LDS Business College in General Studies, which is 0.851 times less than the 161 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at LDS Business College is Female and Black or African American (100% graduation rate). Across all Associates Colleges, 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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
294 degrees awarded
Hispanic or Latino
125 degrees awarded
Two or More Races
29 degrees awarded

The most common race/ethnicity at LDS Business College is white (294 degrees awarded). There were 2.35 times more white recipients than the next closest race/ethnicity group, hispanic or latino (125 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
158 degrees awarded
White Male
136 degrees awarded
Hispanic or Latino Male
83 degrees awarded

The most common race/ethnicity and sex grouping at LDS Business College is white female (158 degrees awarded). There were 1.16 times more white female recipients than the next closest race/ethnicity group, white male (136 degrees).

Operations

LDS Business College has an endowment valued at nearly $20.6M, as of the end of the 2021 fiscal year. The return on its endowment was of 6.22M (30.2%) compared to the 1.65% average return (87.6k on 5.29M) across all Associates Colleges.

In 2021, LDS Business College had a total salary expenditure of 26.2M. LDS Business College employs 16 No academic ranks. Most academics at LDS Business College are Male No academic rank (10), and Female No academic rank (6).

The most common positions for non-instructional staff at LDS Business College are: Management, with 34 employees, Business and Financial Operations, with 11 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 8 employees.

Endowment

$20.6M

2021 Endowment

14.3%

growth from 2020

LDS Business College has an endowment valued at about $20.6M, as of the end of the 2021 fiscal year. The endowment of LDS Business College grew 14.3% from the previous year. The value of their endowment was $15.3M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at LDS Business College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: Mixed Transfer/Career & Technical-High Traditional Carnegie Classification grouping.

Salary Expenditure

$10.2M

2021 Salaries

0.156%

decline from 2020

In 2021, LDS Business College paid a median of $10.2M in salaries, which represents 38.8% of their overall expenditure ($26.2M) and a 0.156% decline from the previous year.

The median for similar Associates Colleges is 16.4M (41.6% of overall expenditures).

Instructional Salaries

$1.48M

Instructional Salaries

Number of Employees

In 2021, LDS Business College paid a total of $1.48M to 16 employees working as instructors, which represents 14.5% of all salaries paid.

This is compared to a median of $5.1M (31.2%) for similar Associates Colleges.

Occupations by Share

No academic rank

Most Common Instructor

16 Employees

Management

Most Common Non-Instructional Employee

34 Employees

In 2021, the most common positions for instructional staff at LDS Business College was No academic rank with 16 employees.

In 2021, the most common positions for non-instructional staff at LDS Business College were Management with 34 employees, Business and Financial Operations with 11 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 8 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male No academic rank
Female No academic rank

In 2021, the most common demographic for instructional staff at LDS Business College was Male No academic rank with 10 employees, and Female No academic rank with 6 employees.

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