Lakeland University

www.lakeland.edu/

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2021 Undergraduate Tuition

$29,950

1.76% growth from 2020

2021 Average Net Price

$21,470

After Financial Aid

2019 Student Loan

1.94%

Default Rate

2021 Acceptance Rate

80.1%

1,101 Applicants

2021 Enrolled Students

2,094

41% Full-Time

2021 Graduation Rate

42.4%

87 Graduates

About

Lakeland University is a higher education institution located in Sheboygan County, WI. In 2021, the most popular Bachelors Degree concentrations at Lakeland University were Other Business Administration, Management, & Operations (162 degrees awarded), Accounting (107 degrees), and General Psychology (36 degrees).

In 2021, 685 degrees were awarded across all undergraduate and graduate programs at Lakeland University. 66.4% of these degrees were awarded to women, and 33.6% awarded men. The most common race/ethnicity group of degree recipients was white (520 degrees), 15.3 times more than then the next closest race/ethnicity group, black or african american (34 degrees).

The median undergraduate tuition at Lakeland University is $29,950, which is $6,766 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 Lakeland University is $29,950, which is $6,766 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 $21,470.

In 2021, 65% of undergraduate students attending Lakeland University received financial aid through grants. Comparatively, 59% of undergraduate students received financial aid through loans.

Tuition Costs

$29,950

2021 Undergraduate Tuition

In 2021, the cost of tuition at Lakeland University was $29,950. The cost of tuition at Lakeland University is $6,766 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

Average Net Price

$21,470

2021 Value

6.98%

1 Year Growth

In 2021 Lakeland University had an average net price — the price paid after factoring in grants and loans — of $21,470. Between 2020 and 2021, the average net price of Lakeland University grew by 6.98%.

This chart compares the average net price of Lakeland 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

$8,336

Room and Board

$1,100

Books and Supplies

The average yearly cost of room and board at Lakeland University was of $8,336 in 2021. The cost of room and board increased by 6.14% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,100. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Lakeland University (in red) with that of similar universities.

Financial Aid by Income Level

65%

Undergraduates Receiving Financial Aid through Grants

59%

Undergraduates Receiving Financial Aid through Loans

65% of undergraduate students at Lakeland University received financial aid through grants or loans in 2021. This represents a decline of 4.41% with respect to 2020, when 68% of undergraduate students received financial aid.

This chart compares the average award discount at Lakeland 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.

1.94%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Lakeland University was 1.94%, which represents 14 out of the 722 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

Lakeland University received 1,101 undergraduate applications in 2021, which represents a 33.8% annual growth. Out of those 1,101 applicants, 882 students were accepted for enrollment, representing a 80.1% acceptance rate.

There were 2,094 students enrolled at Lakeland University in 2021.

Lakeland University has an overall enrollment yield of 18.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

80.1%

Acceptance Rate in 2021

882

Accepted Out of 1,101

In 2021, the undergraduate acceptance rate of Lakeland University was 80.1% (882 admissions from 1,101 applications). This is lower than the acceptance rate of 2020, which was 92.5%. Between 2020 and 2021, the number of applicants grew by 33.8%, while admissions grew by 15.9%..

This chart compares the acceptance rate of Lakeland University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Lakeland University had a total enrollment of 2,094 students in 2021. The full-time enrollment at Lakeland University is 858 students and the part-time enrollment is 1,236. This means that 41% of students enrolled at Lakeland University are enrolled full-time.

The enrolled student population at Lakeland University, both undergraduate and graduate, is 66.2% White, 6.35% Hispanic or Latino, 5.97% Black or African American, 4.2% Asian, 1.58% American Indian or Alaska Native, and 1.38% Two or More Races.

Students enrolled at Lakeland University in full-time Undergraduate programs are most commonly White Female (28.5%), followed by White Male (18.9%) and Black or African American Male (6.13%). Students enrolled in full-time Graduate programs are most commonly White Female (54.2%), followed by White Male (13.1%) and Black or African American Male (5.61%).

Full-Time vs Part-Time Enrollment

41%

Full-Time Enrollment

The total enrollment at Lakeland University in 2021, both undergraduate and graduate, is 2,094 students. The full-time enrollment at Lakeland University is 858 and the part-time enrollment is 1,236. This means that 41% of students enrolled at Lakeland 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 Lakeland 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 Lakeland University was 73%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Lakeland University had a retention rate approximately the same as its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,387 enrolled students
Hispanic or Latino
133 enrolled students
Black or African American
125 enrolled students

The enrolled student population at Lakeland University is 66.2% White, 6.35% Hispanic or Latino, 5.97% Black or African American, 4.2% Asian, 1.58% American Indian or Alaska Native, and 1.38% Two or More Races. 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, 277 students (13.2%) did not report their race.

Graduates

In 2021, 225 more women than men received degrees from Lakeland University. The most common race/ethnicity group of degree recipients at Lakeland University is white (520 degrees awarded). There were 15.3 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 Lakeland University is Other Business Administration, Management, & Operations (162 degrees awarded), followed by Accounting (107 degrees) and General Psychology (36 degrees).

In 2021, the most specialized majors across all degree types at Lakeland University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (451 degrees awarded), Parks, Recreation, & Leisure (15 degrees), and Psychology (36 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 Lakeland University are Accountants & auditors (1,072,937 people), Other managers (865,231 people), Software developers (618,726 people), Financial managers (506,914 people), and Chief executives & legislators (427,239 people).

The most specialized majors at Lakeland University in 2021 are Business (451 degrees awarded), Parks, Recreation, & Leisure (15 degrees), Psychology (36 degrees), Computer and Information Sciences and Support Services (34 degrees), and English (7 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 Lakeland University are Surgeons, Physicians, Nurse anesthetists, Cardiovascular technologists and technicians, and Architectural & engineering managers

The most specialized majors at Lakeland University are Business (451 degrees awarded), Parks, Recreation, & Leisure (15 degrees), Psychology (36 degrees), Computer and Information Sciences and Support Services (34 degrees), and English (7 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 Lakeland University are Elementary & secondary schools (1,070,023 people), Computer Systems Design (1,057,862 people), Colleges, universities & professional schools, including junior colleges (685,913 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (586,324 people), and Banking & related activities (570,057 people).

Majors Awarded

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

Most Common (2021)

Other Business Administration, Management, & Operations
162 degree-majors awarded
Accounting
107 degree-majors awarded
General Psychology
36 degree-majors awarded

In 2021, the most common bachelors degree concentration at Lakeland University was Other Business Administration, Management, & Operations with 162 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Lakeland University according to their major.

Sex Breakdown for Common Majors

230

Degrees Awarded to Men

in 2021

455

Degrees Awarded to Women

in 2021

In 2021, 230 degrees were awarded to men at Lakeland University, which is 0.505 times less than the number of degrees awarded to females (455).

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

Most Common Male Majors

In 2021, 118 degrees were awarded to men at Lakeland University in Other Business Administration, Management, & Operations, which is 0.638 times less than the 185 female recipients with that same degree.

Most Common Female Majors

In 2021, 185 degrees were awarded to men at Lakeland University in Other Business Administration, Management, & Operations, which is 1.57 times more than the 118 male recipients with that same degree.

Time to Complete

43%

100% Completion Time

47%

150% Completion Time

In 2021, 43% of students graduating from Lakeland University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 47% completed their degrees within 150% of the normal time, and 48% 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 Lakeland 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, 2.3% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
520 degrees awarded
Black or African American
34 degrees awarded
Hispanic or Latino
34 degrees awarded

The most common race/ethnicity at Lakeland University is white (520 degrees awarded). There were 15.3 times more white recipients than the next closest race/ethnicity group, black or african american (34 degrees).

3.07% of degree recipients (21 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
358 degrees awarded
White Male
162 degrees awarded
Hispanic or Latino Female
22 degrees awarded

The most common race/ethnicity and sex grouping at Lakeland University is white female (358 degrees awarded). There were 2.21 times more white female recipients than the next closest race/ethnicity group, white male (162 degrees).

Operations

Lakeland University has an endowment valued at nearly $21.4M, as of the end of the 2021 fiscal year. The return on its endowment was of 5.86M (27.4%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Lakeland University had a total salary expenditure of 38.9M. Lakeland University employs 13 Associate professors, 10 Assistant professors and 8 Professors. Most academics at Lakeland University are Male Associate professor (9), Female Assistant professor (6), and Male Professor (5).

The most common positions for non-instructional staff at Lakeland University are: Management, with 46 employees, Service, with 46 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 39 employees.

Endowment

$21.4M

2021 Endowment

22.3%

growth from 2020

Lakeland University has an endowment valued at about $21.4M, as of the end of the 2021 fiscal year. The endowment of Lakeland University grew 22.3% from the previous year. The value of their endowment was $29M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lakeland 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.

Salary Expenditure

$16M

2021 Salaries

13.8%

growth from 2020

In 2021, Lakeland University paid a median of $16M in salaries, which represents 41% of their overall expenditure ($38.9M) and a 13.8% growth from the previous year.

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

Instructional Salaries

$2.32M

Instructional Salaries

Number of Employees

In 2021, Lakeland University paid a total of $2.32M to 36 employees working as instructors, which represents 14.6% of all salaries paid.

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

Occupations by Share

Associate professor

Most Common Instructor

13 Employees

Management

Most Common Non-Instructional Employee

46 Employees

In 2021, the most common positions for instructional staff at Lakeland University were Associate professor with 13 employees, Assistant professor with 10 employees, and Professor with 8 employees.

In 2021, the most common positions for non-instructional staff at Lakeland University were Management with 46 employees, Service with 46 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 39 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Associate professor
Female Assistant professor
Male Professor

In 2021, the most common demographic for instructional staff at Lakeland University was Male Associate professor with 9 employees, Female Assistant professor with 6 employees, and Male Professor with 5 employees.

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