Iowa Lakes Community College

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2022 Undergraduate Tuition
$6,272
2.62% growth from 2021
2022 Average Net Price
$11,789
After Financial Aid
2019 Default Rate
5%
on Student Loans
2022 Enrolled Students
1,960
39.2% Full-Time
2022 Graduation Rate
37.4%
102 Graduates

About

Iowa Lakes Community College is a higher education institution located in Emmet County, IA. In 2022, the most popular Associates Degree concentrations at Iowa Lakes Community College were Liberal Arts & Sciences (145 degrees awarded), Registered Nursing (13 degrees), and Electrician (9 degrees).

In 2022, 311 degrees were awarded across all undergraduate and graduate programs at Iowa Lakes Community College. 52.7% of these degrees were awarded to women, and 47.3% awarded men. The most common race/ethnicity group of degree recipients was white (266 degrees), 13.3 times more than then the next closest race/ethnicity group, hispanic or latino (20 degrees).

The median undergraduate tuition at Iowa Lakes Community College is $6,272, which is $−1,840 less than the national average for Associates Colleges ($8,112).

Costs

In 2022, the median undergraduate tuition at Iowa Lakes Community College is $6,272, which is $−1,840 less than the national average for Associates Colleges ($8,112).

After taking grants and loans into account, the average net price for students is $11,789.

In 2022, 51% of undergraduate students attending Iowa Lakes Community College received financial aid through grants. Comparatively, 20% of undergraduate students received financial aid through loans.

Tuition Costs

$6,272
2022 Undergraduate Tuition

In 2022, the cost of tuition at Iowa Lakes Community College was $6,272. The cost of tuition at Iowa Lakes Community College is $−1,840 less than than the overall (public and private) national average for Associates Colleges ($8,112).

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

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Average Net Price

$11,789
2022 Value
4.11%
1 Year Growth

In 2022 Iowa Lakes Community College had an average net price — the price paid after factoring in grants and loans — of $11,789. Between 2021 and 2022, the average net price of Iowa Lakes Community College grew by 4.11%.

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.

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Other Student Expenses

$9,834
Room and Board
$1,456
Books and Supplies

The average yearly cost of room and board at Iowa Lakes Community College was of $9,834 in 2022. The cost of room and board increased by 10.3% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,456. The cost of books and supplies increased by 3.12% during the same period.

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

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Financial Aid by Income Level

51%
Undergraduates Receiving Financial Aid through Grants
20%
Undergraduates Receiving Financial Aid through Loans

51% of undergraduate students at Iowa Lakes Community College received financial aid through grants or loans in 2022. This represents a growth of 18.6% with respect to 2021, 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.

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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.
5%
2019 Default Rate
24
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.

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Enrollment

Iowa Lakes Community College had a total enrollment of 1,960 students in 2022. The full-time enrollment at Iowa Lakes Community College is 769 students and the part-time enrollment is 1,191. This means that 39.2% 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 73.7% White, 6.28% Hispanic or Latino, 3.78% Black or African American, 0.816% Asian, 0.561% Two or More Races, 0.255% Native Hawaiian or Other Pacific Islanders, and 0.255% American Indian or Alaska Native.

Students enrolled at Iowa Lakes Community College in full-time Undergraduate programs are most commonly White Male (37.3%), followed by White Female (35.4%) and Hispanic or Latino Male (5.33%).

Full-Time vs Part-Time Enrollment

39.2%
Full-Time Enrollment

The total enrollment at Iowa Lakes Community College in 2022, both undergraduate and graduate, is 1,960 students. The full-time enrollment at Iowa Lakes Community College is 769 and the part-time enrollment is 1,191. This means that 39.2% of students enrolled at Iowa Lakes Community College are enrolled full-time compared with 32.2% 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.

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Retention Rate over Time

60%
2022 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 60%. Compared with the full-time retention rate at similar Associates Colleges (62%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    1,445 enrolled students
  2. Hispanic or Latino
    123 enrolled students
  3. Black or African American
    74 enrolled students

The enrolled student population at Iowa Lakes Community College is 73.7% White, 6.28% Hispanic or Latino, 3.78% Black or African American, 0.816% Asian, 0.561% Two or More Races, 0.255% Native Hawaiian or Other Pacific Islanders, and 0.255% 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 42.9% White, 27.9% 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, 210 students (10.7%) did not report their race.

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Graduates

In 2022, 17 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 (266 degrees awarded). There were 13.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (20 degrees).

The most common Associates Degree concentration at Iowa Lakes Community College is Liberal Arts & Sciences (145 degrees awarded), followed by Registered Nursing (13 degrees) and Electrician (9 degrees).

In 2022,  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 Construction (17 degrees awarded), Liberal Arts & Humanities (145 degrees), and Mechanical Technologies (23 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Iowa Lakes Community College are Elementary & middle school teachers (94,021 people), Other managers (68,814 people), Construction managers (45,762 people), Software developers (36,519 people), and Education administrators (27,240 people).

The most specialized majors at Iowa Lakes Community College in 2022 are Construction (17 degrees awarded), Liberal Arts & Humanities (145 degrees), Mechanical Technologies (23 degrees), Precision Production (10 degrees), and Human Sciences (5 degrees) (as of 2022).

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Highest Paying Jobs by Major

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, Skincare specialists, Broadcast announcers and radio disc jockeys, and Physicians

The most specialized majors at Iowa Lakes Community College are Construction (17 degrees awarded), Liberal Arts & Humanities (145 degrees), Mechanical Technologies (23 degrees), Precision Production (10 degrees), and Human Sciences (5 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 Iowa Lakes Community College are Elementary & secondary schools (190,258 people), Construction (114,154 people), Computer Systems Design (62,710 people), Colleges, universities & professional schools, including junior colleges (57,242 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (49,739 people).

The most specialized majors at Iowa Lakes Community College are Construction (17 degrees awarded), Liberal Arts & Humanities (145 degrees), Mechanical Technologies (23 degrees), Precision Production (10 degrees), and Human Sciences (5 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 Iowa Lakes Community College.
Most Common (2022)
  1. 145 degrees awarded
  2. 13 degrees awarded
  3. 9 degrees awarded

In 2022, the most common associates degree concentration at Iowa Lakes Community College was Liberal Arts & Sciences with 145 degrees awarded.

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

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Sex Breakdown for Common Majors

147
Degrees Awarded to Men
in 2022
164
Degrees Awarded to Women
in 2022

In 2022, 147 degrees were awarded to men at Iowa Lakes Community College, which is 0.896 times less than the number of degrees awarded to females (164).

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

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Most Common Male Majors

In 2022, 60 degrees were awarded to men at Iowa Lakes Community College in Liberal Arts & Sciences, which is 0.706 times less than the 85 female recipients with that same degree.

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Most Common Female Majors

In 2022, 85 degrees were awarded to men at Iowa Lakes Community College in Liberal Arts & Sciences, which is 1.42 times more than the 60 male recipients with that same degree.

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Time to Complete

48%
100% Completion Time
50%
150% Completion Time

In 2022, 48% 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, 50% completed their degrees within 150% of the normal time, and 51% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Male
Highest Graduation Rate (50%)

The student demographic with the highest graduation rate in 2022 at Iowa Lakes Community College is Male and American Indian or Alaska Native (50% graduation rate). Across all 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, 4.9% of graduates (5 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    266 degrees awarded
  2. Hispanic or Latino
    20 degrees awarded
  3. Black or African American
    13 degrees awarded

The most common race/ethnicity at Iowa Lakes Community College is white (266 degrees awarded). There were 13.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (20 degrees).

2.57% of degree recipients (8 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    143 degrees awarded
  2. White Male
    123 degrees awarded
  3. Hispanic or Latino Female
    11 degrees awarded

The most common race/ethnicity and sex grouping at Iowa Lakes Community College is white female (143 degrees awarded). There were 1.16 times more white female recipients than the next closest race/ethnicity group, white male (123 degrees).

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Operations

Iowa Lakes Community College has an endowment valued at nearly $8.22M, as of the end of the 2022 fiscal year. The return on its endowment was of 55.7k (0.677%) compared to the 0.843% average return (43.9k on 5.21M) across all Associates Colleges.

In 2022, Iowa Lakes Community College had a total salary expenditure of 42.3M. Iowa Lakes Community College employs 27 Professors, 23 Assistant professors and 10 Instructors. Most academics at Iowa Lakes Community College are Female Professor (17), Male Assistant professor (14), and Male Professor (10).

The most common positions for non-instructional staff at Iowa Lakes Community College are: Management, with 34 employees, Office and Administrative Support, with 29 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 18 employees.

Endowment

$8.22M
2022 Endowment
1.64%
decline from 2021

Iowa Lakes Community College has an endowment valued at about $8.22M, as of the end of the 2022 fiscal year. The endowment of Iowa Lakes Community College declined 1.64% from the previous year. The value of their endowment was $3.01M 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.

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Salary Expenditure

$14.5M
2022 Salaries
2.88%
growth from 2021

In 2022, Iowa Lakes Community College paid a median of $14.5M in salaries, which represents 34.2% of their overall expenditure ($42.3M) and a 2.88% growth from the previous year.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

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Instructional Salaries

$4.25M
Instructional Salaries
67
Number of Employees

In 2022, Iowa Lakes Community College paid a total of $4.25M to 67 employees working as instructors, which represents 29.4% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

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Occupations by Share

Professor
Most Common Instructor
27 Employees
Management
Most Common Non-Instructional Employee
34 Employees

In 2022, the most common positions for instructional staff at Iowa Lakes Community College were Professor with 27 employees, Assistant professor with 23 employees, and Instructor with 10 employees.

In 2022, the most common positions for non-instructional staff at Iowa Lakes Community College were Management with 34 employees, Office and Administrative Support with 29 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 18 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female Professor
  2. Male Assistant professor
  3. Male Professor

In 2022, the most common demographic for instructional staff at Iowa Lakes Community College was Female Professor with 17 employees, Male Assistant professor with 14 employees, and Male Professor with 10 employees.

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

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