Loras College

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2023 Undergraduate Tuition
$36,454
4.9% growth from 2022
2023 Average Net Price
$22,338
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
91.8%
1,652 Applicants
2023 Enrolled Students
1,213
94.1% Full-Time
2023 Graduation Rate
69.9%
234 Graduates

About

Loras College is a higher education institution located in Dubuque County, IA. In 2023, the most popular Bachelors Degree concentrations at Loras College were General Business Administration & Management (49 degrees awarded), Kinesiology & Exercise Science (28 degrees), and General Psychology (28 degrees).

In 2023, 440 degrees were awarded across all undergraduate and graduate programs at Loras College. 47.3% of these degrees were awarded to women, and 52.7% awarded men. The most common race/ethnicity group of degree recipients was white (339 degrees), 8.07 times more than then the next closest race/ethnicity group, hispanic or latino (42 degrees).

The median undergraduate tuition at Loras College is $36,454, which is $7,174 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Loras College was 0%, corresponding to 0 out of the 365 total borrowers.

Costs

In 2023, the median undergraduate tuition at Loras College is $36,454, which is $7,174 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $22,338.

In 2023, 98% of undergraduate students attending Loras College received financial aid through grants. Comparatively, 59% of undergraduate students received financial aid through loans.

Tuition Costs

$36,454
2023 Undergraduate Tuition

In 2023, the cost of tuition at Loras College was $36,454. The cost of tuition at Loras College is $7,174 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

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Average Net Price

$22,338
2023 Value
2.07%
1 Year Growth

In 2023 Loras College had an average net price — the price paid after factoring in grants and loans — of $22,338. Between 2022 and 2023, the average net price of Loras College grew by 2.07%.

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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

$8,756
Room and Board
$712
Books and Supplies

The average yearly cost of room and board at Loras College was of $8,756 in 2023. The cost of room and board increased by 14.5% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $712. The cost of books and supplies decreased by 11% during the same period.

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

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Financial Aid by Income Level

98%
Undergraduates Receiving Financial Aid through Grants
59%
Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at Loras College received financial aid through grants or loans in 2023. This represents a decline of 2% with respect to 2022, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Loras 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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Loras College was 0%, which represents 0 out of the 365 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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Admissions

Loras College received 1,652 undergraduate applications in 2023, which represents a 11.2% annual growth. Out of those 1,652 applicants, 1,517 students were accepted for enrollment, representing a 91.8% acceptance rate.

There were 1,213 students enrolled at Loras College in 2023. 31% of first-time enrollees submitted SAT scores with their applications.

Loras College has an overall enrollment yield of 16.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

91.8%
Acceptance Rate in 2023
1,517
Accepted Out of 1,652

In 2023, the undergraduate acceptance rate of Loras College was 91.8% (1,517 admissions from 1,652 applications). This is higher than the acceptance rate of 2022, which was 89.8%. Between 2022 and 2023, the number of applicants declined by 11.2%, while admissions declined by 9.22%.

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

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SAT Scores

31%
Submission Percentage (2019)
101
Scores Submitted (2019)

31% of enrolled first-time students at Loras College in 2019 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Loras College had a total enrollment of 1,213 students in 2023. The full-time enrollment at Loras College is 1,141 students and the part-time enrollment is 72. This means that 94.1% of students enrolled at Loras College are enrolled full-time.

The enrolled student population at Loras College, both undergraduate and graduate, is 74.9% White, 8.57% Hispanic or Latino, 4.12% Black or African American, 2.47% Two or More Races, 1.15% Asian, and 0.0824% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Loras College in full-time Undergraduate programs are most commonly White Male (41.6%), followed by White Female (32.2%) and Hispanic or Latino Male (5.29%). Students enrolled in full-time Graduate programs are most commonly White Female (56.4%), followed by White Male (22.4%) and Hispanic or Latino Female (4.49%).

Full-Time vs Part-Time Enrollment

94.1%
Full-Time Enrollment

The total enrollment at Loras College in 2023, both undergraduate and graduate, is 1,213 students. The full-time enrollment at Loras College is 1,141 and the part-time enrollment is 72. This means that 94.1% of students enrolled at Loras College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

83%
2023 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 Loras College was 83%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Loras College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    909 enrolled students
  2. Hispanic or Latino
    104 enrolled students
  3. Black or African American
    50 enrolled students

The enrolled student population at Loras College is 74.9% White, 8.57% Hispanic or Latino, 4.12% Black or African American, 2.47% Two or More Races, 1.15% Asian, and 0.0824% 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 Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 52 students (4.29%) did not report their race.

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Graduates

In 2023, 24 fewer women than men received degrees from Loras College. The most common race/ethnicity group of degree recipients at Loras College is white (339 degrees awarded). There were 8.07 times more white recipients than the next closest race/ethnicity group, hispanic or latino (42 degrees).

The most common Bachelor's Degree concentration at Loras College is General Business Administration & Management (49 degrees awarded), followed by Kinesiology & Exercise Science (28 degrees) and General Psychology (28 degrees).

In 2023,  the most specialized majors across all degree types at Loras College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (55 degrees awarded), Language & Linguistics (16 degrees), and Philosophy and Religious Studies (7 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Loras College are Other managers (204,036 people), Social workers, all other (165,765 people), Elementary & middle school teachers (146,996 people), Lawyers, & judges, magistrates, & other judicial workers (103,217 people), and Marketing managers (93,134 people).

The most specialized majors at Loras College in 2023 are Parks, Recreation, & Leisure (55 degrees awarded), Language & Linguistics (16 degrees), Philosophy and Religious Studies (7 degrees), Communications (36 degrees), and Public Administration and Social Service (22 degrees) (as of 2023).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Loras College are Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at Loras College are Parks, Recreation, & Leisure (55 degrees awarded), Language & Linguistics (16 degrees), Philosophy and Religious Studies (7 degrees), Communications (36 degrees), and Public Administration and Social Service (22 degrees) (as of 2023).

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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 Loras College are Elementary & secondary schools (516,833 people), Colleges, universities & professional schools, including junior colleges (314,254 people), Legal services (169,466 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (147,175 people), and Computer Systems Design (124,427 people).

The most specialized majors at Loras College are Parks, Recreation, & Leisure (55 degrees awarded), Language & Linguistics (16 degrees), Philosophy and Religious Studies (7 degrees), Communications (36 degrees), and Public Administration and Social Service (22 degrees) (as of 2023).

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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 Loras College.
Most Common (2023)
  1. 49 degrees awarded
  2. 28 degrees awarded
  3. 28 degrees awarded

In 2023, the most common bachelors degree concentration at Loras College was General Business Administration & Management with 49 degrees awarded.

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

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Sex Breakdown for Common Majors

232
Degrees Awarded to Men
in 2023
208
Degrees Awarded to Women
in 2023

In 2023, 232 degrees were awarded to men at Loras College, which is 1.12 times more than the number of degrees awarded to females (208).

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

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Most Common Male Majors

In 2023, 38 degrees were awarded to men at Loras College in General Business Administration & Management, which is 3.45 times more than the 11 female recipients with that same degree.

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Most Common Female Majors

In 2023, 21 degrees were awarded to men at Loras College in Social Work, which is 21 times more than the 1 male recipients with that same degree.

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Time to Complete

60%
100% Completion Time
67%
150% Completion Time

In 2023, 60% of students graduating from Loras College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 68% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate 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.
Asian Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Loras College is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 3.85% of graduates (9 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    339 degrees awarded
  2. Hispanic or Latino
    42 degrees awarded
  3. Black or African American
    17 degrees awarded

The most common race/ethnicity at Loras College is white (339 degrees awarded). There were 8.07 times more white recipients than the next closest race/ethnicity group, hispanic or latino (42 degrees).

2.05% of degree recipients (9 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Male
    175 degrees awarded
  2. White Female
    164 degrees awarded
  3. Hispanic or Latino Female
    22 degrees awarded

The most common race/ethnicity and sex grouping at Loras College is white male (175 degrees awarded). There were 1.07 times more white male recipients than the next closest race/ethnicity group, white female (164 degrees).

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Operations

Loras College has an endowment valued at nearly $52.5M, as of the end of the 2023 fiscal year. The return on its endowment was of −1.06M (−2.02%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Loras College had a total salary expenditure of 40.7M. Loras College employs 33 Associate professors, 27 Assistant professors and 22 Professors. Most academics at Loras College are Male Associate professor (18), Female Assistant professor (15), and Female Associate professor (15).

The most common positions for non-instructional staff at Loras College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 44 employees, Service, with 32 employees, and Management with 32 employees.

Endowment

$52.5M
2023 Endowment
1.9%
decline from 2022

Loras College has an endowment valued at about $52.5M, as of the end of the 2023 fiscal year. The endowment of Loras College declined 1.9% from the previous year. The value of their endowment was $1.02M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $576k - Federal
  2. $31.1k - State
  3. $102k - Local

As of 2023, Loras College received $576k in grants and contracts from the federal government, $31.1k from state grants and contracts, and $102k from local grants and contracts.

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Salary Expenditure

$19M
2023 Salaries
2.79%
growth from 2022

In 2023, Loras College paid a median of $19M in salaries, which represents 46.7% of their overall expenditure ($40.7M) and a 2.79% growth from the previous year. This is compared to a 7.29% growth between 2021 and 2022, and a 1.06% decline between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

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Instructional Salaries

$5.17M
Instructional Salaries
84
Number of Employees

In 2023, Loras College paid a total of $5.17M to 84 employees working as instructors, which represents 27.2% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

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Occupations by Share

Associate professor
Most Common Instructor
33 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
44 Employees

In 2023, the most common positions for instructional staff at Loras College were Associate professor with 33 employees, Assistant professor with 27 employees, and Professor with 22 employees.

In 2023, the most common positions for non-instructional staff at Loras College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 44 employees, Service with 32 employees, and Management with 32 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Associate professor
  2. Female Assistant professor
  3. Female Associate professor

In 2023, the most common demographic for instructional staff at Loras College was Male Associate professor with 18 employees, Female Assistant professor with 15 employees, and Female Associate professor with 15 employees.

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

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