Iowa Lakes Community College

www.iowalakes.edu/

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2021 Undergraduate Tuition

$6,112

1.6% growth from 2020

2021 Average Net Price

$12,294

After Financial Aid

2019 Student Loan

Default Rate

2021 Enrolled Students

1,803

40.2% Full-Time

2021 Graduation Rate

50%

181 Graduates

About

Iowa Lakes Community College is a higher education institution located in Emmet County, IA. In 2021, the most popular Associates Degree concentrations at Iowa Lakes Community College were Liberal Arts & Sciences (146 degrees awarded), Registered Nursing (27 degrees), and General Business Administration & Management (15 degrees).

In 2021, 342 degrees were awarded across all undergraduate and graduate programs at Iowa Lakes Community College. 54.1% of these degrees were awarded to women, and 45.9% awarded men. The most common race/ethnicity group of degree recipients was white (290 degrees), 18.1 times more than then the next closest race/ethnicity group, hispanic or latino (16 degrees).

The median undergraduate tuition at Iowa Lakes Community College is $6,112, which is $−1,856 less than the national average for Associates Colleges ($7,968).

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

Costs

In 2021, the median undergraduate tuition at Iowa Lakes Community College is $6,112, which is $−1,856 less than the national average for Associates Colleges ($7,968).

After taking grants and loans into account, the average net price for students is $12,294.

In 2021, 43% of undergraduate students attending Iowa Lakes Community College received financial aid through grants. Comparatively, 21% of undergraduate students received financial aid through loans.

Tuition Costs

$6,112

2021 Undergraduate Tuition

In 2021, the cost of tuition at Iowa Lakes Community College was $6,112. The cost of tuition at Iowa Lakes Community College is $−1,856 less than than the overall (public and private) national average for Associates Colleges ($7,968).

This chart compares the tuition costs of Iowa Lakes Community College (in red) with those of other similar universities.

Average Net Price

$12,294

2021 Value

25.4%

1 Year Growth

In 2021 Iowa Lakes Community College had an average net price — the price paid after factoring in grants and loans — of $12,294. Between 2020 and 2021, the average net price of Iowa Lakes Community College grew by 25.4%.

This chart compares the average net price of Iowa Lakes Community 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

$8,913

Room and Board

$1,412

Books and Supplies

The average yearly cost of room and board at Iowa Lakes Community College was of $8,913 in 2021. The cost of room and board increased by 4.05% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,412. The cost of books and supplies increased by 2.02% during the same period.

This chart compares the average student costs at Iowa Lakes Community College (in red) with that of similar universities.

Financial Aid by Income Level

43%

Undergraduates Receiving Financial Aid through Grants

21%

Undergraduates Receiving Financial Aid through Loans

43% of undergraduate students at Iowa Lakes Community College received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 43% of undergraduate students received financial aid.

This chart compares the average award discount at Iowa Lakes Community 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.

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Iowa Lakes Community College was 5%, which represents 24 out of the 480 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

Iowa Lakes Community College had a total enrollment of 1,803 students in 2021. The full-time enrollment at Iowa Lakes Community College is 725 students and the part-time enrollment is 1,078. This means that 40.2% of students enrolled at Iowa Lakes Community College are enrolled full-time.

The enrolled student population at Iowa Lakes Community College, both undergraduate and graduate, is 76.4% White, 5.88% Hispanic or Latino, 3.83% Black or African American, 1.05% Asian, 0.444% Native Hawaiian or Other Pacific Islanders, 0.388% American Indian or Alaska Native, and 0.222% Two or More Races.

Students enrolled at Iowa Lakes Community College in full-time Undergraduate programs are most commonly White Male (37.2%), followed by White Female (36.1%) and Black or African American Male (4.97%).

Full-Time vs Part-Time Enrollment

40.2%

Full-Time Enrollment

The total enrollment at Iowa Lakes Community College in 2021, both undergraduate and graduate, is 1,803 students. The full-time enrollment at Iowa Lakes Community College is 725 and the part-time enrollment is 1,078. This means that 40.2% of students enrolled at Iowa Lakes Community 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 Iowa Lakes Community College (in red) compares to similar universities.

Retention Rate over Time

51%

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 Iowa Lakes Community College was 51%. Compared with the full-time retention rate at similar Associates Colleges (60%), Iowa Lakes Community College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,377 enrolled students
Hispanic or Latino
106 enrolled students
Black or African American
69 enrolled students

The enrolled student population at Iowa Lakes Community College is 76.4% White, 5.88% Hispanic or Latino, 3.83% Black or African American, 1.05% Asian, 0.444% Native Hawaiian or Other Pacific Islanders, 0.388% American Indian or Alaska Native, and 0.222% Two or More Races. 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, 152 students (8.43%) did not report their race.

Graduates

In 2021, 28 more women than men received degrees from Iowa Lakes Community College. The most common race/ethnicity group of degree recipients at Iowa Lakes Community College is white (290 degrees awarded). There were 18.1 times more white recipients than the next closest race/ethnicity group, hispanic or latino (16 degrees).

The most common Associates Degree concentration at Iowa Lakes Community College is Liberal Arts & Sciences (146 degrees awarded), followed by Registered Nursing (27 degrees) and General Business Administration & Management (15 degrees).

In 2021, the most specialized majors across all degree types at Iowa Lakes Community College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Agriculture (18 degrees awarded), Liberal Arts & Humanities (146 degrees), and Engineering Technologies (19 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Iowa Lakes Community College are Other managers (84,991 people), Elementary & middle school teachers (72,242 people), Construction managers (45,329 people), Software developers (36,716 people), and Sales representatives, wholesale & manufacturing (32,202 people).

The most specialized majors at Iowa Lakes Community College in 2021 are Agriculture (18 degrees awarded), Liberal Arts & Humanities (146 degrees), Engineering Technologies (19 degrees), Mechanical Technologies (20 degrees), and Precision Production (9 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 Iowa Lakes Community College are Surgeons, Cardiovascular technologists and technicians, Broadcast announcers and radio disc jockeys, Nurse anesthetists, and Magnetic resonance imaging technologists

The most specialized majors at Iowa Lakes Community College are Agriculture (18 degrees awarded), Liberal Arts & Humanities (146 degrees), Engineering Technologies (19 degrees), Mechanical Technologies (20 degrees), and Precision Production (9 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Iowa Lakes Community College are Elementary & secondary schools (140,120 people), Construction (122,643 people), Colleges, universities & professional schools, including junior colleges (69,570 people), Computer Systems Design (62,628 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (43,669 people).

Majors Awarded

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

Most Common (2021)

Liberal Arts & Sciences
146 degree-majors awarded
Registered Nursing
27 degree-majors awarded
General Business Administration & Management
15 degree-majors awarded

In 2021, the most common associates degree concentration at Iowa Lakes Community College was Liberal Arts & Sciences with 146 degrees awarded.

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

Sex Breakdown for Common Majors

157

Degrees Awarded to Men

in 2021

185

Degrees Awarded to Women

in 2021

In 2021, 157 degrees were awarded to men at Iowa Lakes Community College, which is 0.849 times less than the number of degrees awarded to females (185).

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

Most Common Male Majors

In 2021, 56 degrees were awarded to men at Iowa Lakes Community College in Liberal Arts & Sciences, which is 0.622 times less than the 90 female recipients with that same degree.

Most Common Female Majors

In 2021, 90 degrees were awarded to men at Iowa Lakes Community College in Liberal Arts & Sciences, which is 1.61 times more than the 56 male recipients with that same degree.

Time to Complete

46%

100% Completion Time

46%

150% Completion Time

In 2021, 46% of students graduating from Iowa Lakes Community College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 46% completed their degrees within 150% of the normal time, and 46% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges 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.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Iowa Lakes Community College is Female and Two or More Races (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, 3.31% of graduates (6 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
290 degrees awarded
Hispanic or Latino
16 degrees awarded
Black or African American
15 degrees awarded

The most common race/ethnicity at Iowa Lakes Community College is white (290 degrees awarded). There were 18.1 times more white recipients than the next closest race/ethnicity group, hispanic or latino (16 degrees).

1.46% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
164 degrees awarded
White Male
126 degrees awarded
Black or African American Male
11 degrees awarded

The most common race/ethnicity and sex grouping at Iowa Lakes Community College is white female (164 degrees awarded). There were 1.3 times more white female recipients than the next closest race/ethnicity group, white male (126 degrees).

Operations

Iowa Lakes Community College has an endowment valued at nearly $8.36M, as of the end of the 2021 fiscal year. The return on its endowment was of 64.8k (0.776%) compared to the 1.65% average return (87.6k on 5.29M) across all Associates Colleges.

In 2021, Iowa Lakes Community College had a total salary expenditure of 39.2M. Iowa Lakes Community College employs 30 Professors, 27 Assistant professors and 10 Instructors. Most academics at Iowa Lakes Community College are Female Professor (20), Male Assistant professor (16), and Female Assistant professor (11).

The most common positions for non-instructional staff at Iowa Lakes Community College are: Office and Administrative Support, with 32 employees, Management, with 27 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 22 employees.

Endowment

$8.36M

2021 Endowment

0.811%

growth from 2020

Iowa Lakes Community College has an endowment valued at about $8.36M, as of the end of the 2021 fiscal year. The endowment of Iowa Lakes Community College grew 0.811% from the previous year. The value of their endowment was $3.06M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Iowa Lakes Community 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 Nontraditional Carnegie Classification grouping.

Salary Expenditure

$14.1M

2021 Salaries

0.275%

growth from 2020

In 2021, Iowa Lakes Community College paid a median of $14.1M in salaries, which represents 35.8% of their overall expenditure ($39.2M) and a 0.275% growth from the previous year.

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

Instructional Salaries

$4.51M

Instructional Salaries

Number of Employees

In 2021, Iowa Lakes Community College paid a total of $4.51M to 73 employees working as instructors, which represents 32.1% of all salaries paid.

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

Occupations by Share

Professor

Most Common Instructor

30 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

32 Employees

In 2021, the most common positions for instructional staff at Iowa Lakes Community College were Professor with 30 employees, Assistant professor with 27 employees, and Instructor with 10 employees.

In 2021, the most common positions for non-instructional staff at Iowa Lakes Community College were Office and Administrative Support with 32 employees, Management with 27 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 22 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Professor
Male Assistant professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Iowa Lakes Community College was Female Professor with 20 employees, Male Assistant professor with 16 employees, and Female Assistant professor with 11 employees.

This chart shows the sex split between each academic rank present at Iowa Lakes Community College.