Lakes Region Community College

www.lrcc.edu

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2023 Undergraduate Tuition

$6,450

2023 Average Net Price

$18,473

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

695

31.4% Full-Time

2023 Graduation Rate

42.9%

42 Graduates

About

Lakes Region Community College is a higher education institution located in Belknap County, NH. In 2023, the most popular Associates Degree concentrations at Lakes Region Community College were Registered Nursing (15 degrees awarded), Automobile Mechanics Technology (13 degrees), and Liberal Arts & Sciences (13 degrees).

In 2023, 116 degrees were awarded across all undergraduate and graduate programs at Lakes Region Community College. 46.6% of these degrees were awarded to women, and 53.4% awarded men. The most common race/ethnicity group of degree recipients was white (100 degrees), 20 times more than then the next closest race/ethnicity group, hispanic or latino (5 degrees).

The median undergraduate tuition at Lakes Region Community College is $6,450, which is $−1,803 less than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at Lakes Region Community College was 0%, corresponding to 0 out of the 568 total borrowers.

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

Costs

In 2023, the median undergraduate tuition at Lakes Region Community College is $6,450, which is $1,803 less than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $18,473.

In 2023, 57% of undergraduate students attending Lakes Region Community College received financial aid through grants. Comparatively, 32% of undergraduate students received financial aid through loans.

Tuition Costs

$6,450

2023 Undergraduate Tuition

In 2023, the cost of tuition at Lakes Region Community College was $6,450. The cost of tuition at Lakes Region Community College is $−1,803 less than than the overall (public and private) national average for Associates Colleges ($8,253).

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

Average Net Price

$18,473

2023 Value

13.2%

1 Year Growth

In 2023 Lakes Region Community College had an average net price — the price paid after factoring in grants and loans — of $18,473. Between 2022 and 2023, the average net price of Lakes Region Community College grew by 13.2%.

This chart compares the average net price of Lakes Region 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

$13,912

Room and Board

$1,400

Books and Supplies

The average yearly cost of room and board at Lakes Region Community College was of $13,912 in 2023. The cost of room and board increased by 3.86% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,400. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

57%

Undergraduates Receiving Financial Aid through Grants

32%

Undergraduates Receiving Financial Aid through Loans

57% of undergraduate students at Lakes Region Community College received financial aid through grants or loans in 2023. This represents a decline of 16.2% with respect to 2022, when 68% of undergraduate students received financial aid.

This chart compares the average award discount at Lakes Region 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Lakes Region Community College was 0%, which represents 0 out of the 568 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

Lakes Region Community College had a total enrollment of 695 students in 2023. The full-time enrollment at Lakes Region Community College is 218 students and the part-time enrollment is 477. This means that 31.4% of students enrolled at Lakes Region Community College are enrolled full-time.

The enrolled student population at Lakes Region Community College, both undergraduate and graduate, is 77.7% White, 5.04% Hispanic or Latino, 1.58% Two or More Races, 1.29% American Indian or Alaska Native, 1.15% Asian, 0.863% Black or African American, and 0.144% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lakes Region Community College in full-time Undergraduate programs are most commonly White Male (53.4%), followed by White Female (25.6%) and Hispanic or Latino Male (4.26%).

Full-Time vs Part-Time Enrollment

31.4%

Full-Time Enrollment

The total enrollment at Lakes Region Community College in 2023, both undergraduate and graduate, is 695 students. The full-time enrollment at Lakes Region Community College is 218 and the part-time enrollment is 477. This means that 31.4% of students enrolled at Lakes Region Community College are enrolled full-time compared with 32.3% at similar Associates Colleges.

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

Retention Rate over Time

75%

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 Lakes Region Community College was 75%. Compared with the full-time retention rate at similar Associates Colleges (64%), Lakes Region Community College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
540 enrolled students
Hispanic or Latino
35 enrolled students
Two or More Races
11 enrolled students

The enrolled student population at Lakes Region Community College is 77.7% White, 5.04% Hispanic or Latino, 1.58% Two or More Races, 1.29% American Indian or Alaska Native, 1.15% Asian, 0.863% Black or African American, and 0.144% 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 Associates Colleges is 41.7% White, 28.7% Hispanic or Latino, and 12.6% Black or African American.

Graduates

In 2023, 8 fewer women than men received degrees from Lakes Region Community College. The most common race/ethnicity group of degree recipients at Lakes Region Community College is white (100 degrees awarded). There were 20 times more white recipients than the next closest race/ethnicity group, hispanic or latino (5 degrees).

The most common Associates Degree concentration at Lakes Region Community College is Registered Nursing (15 degrees awarded), followed by Automobile Mechanics Technology (13 degrees) and Liberal Arts & Sciences (13 degrees).

In 2023, the most specialized majors across all degree types at Lakes Region Community College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Mechanical Technologies (33 degrees awarded), Protective Services (13 degrees), and Engineering Technologies (5 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lakes Region Community College are Elementary & middle school teachers (1,456,240 people), Secondary school teachers (464,339 people), Education administrators (243,083 people), Special education teachers (196,590 people), and Preschool & kindergarten teachers (179,928 people).

The most specialized majors at Lakes Region Community College in 2023 are Mechanical Technologies (33 degrees awarded), Protective Services (13 degrees), Engineering Technologies (5 degrees), Personal & Culinary Services (6 degrees), and Education (10 degrees) (as of 2023).

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 Lakes Region Community College are Surgeons, Cardiovascular technologists and technicians, Physicians, Chief executives & legislators, and Skincare specialists

The most specialized majors at Lakes Region Community College are Mechanical Technologies (33 degrees awarded), Protective Services (13 degrees), Engineering Technologies (5 degrees), Personal & Culinary Services (6 degrees), and Education (10 degrees) (as of 2023).

Common Industries by Major

Justice, public order, & safety activities

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lakes Region Community College are Justice, public order, & safety activities (318,130 people), Elementary & secondary schools (173,316 people), Computer Systems Design (76,925 people), Construction (69,069 people), and Colleges, universities & professional schools, including junior colleges (67,808 people).

Majors Awarded

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

Most Common (2023)

Registered Nursing
15 degrees awarded
Automobile Mechanics Technology
13 degrees awarded
Liberal Arts & Sciences
13 degrees awarded

In 2023, the most common associates degree concentration at Lakes Region Community College was Registered Nursing with 15 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 62 degrees were awarded to men at Lakes Region Community College, which is 1.15 times more than the number of degrees awarded to females (54).

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

Most Common Male Majors

In 2023, 15 degrees were awarded to men at Lakes Region Community College in Automobile Mechanics Technology, which is 7.5 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2023, 13 degrees were awarded to men at Lakes Region Community College in Registered Nursing, which is 6.5 times more than the 2 male recipients with that same degree.

Time to Complete

25%

100% Completion Time

34%

150% Completion Time

In 2023, 25% of students graduating from Lakes Region Community College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 34% completed their degrees within 150% of the normal time, and 36% 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.

White Male

Highest Graduation Rate (44.4%)

The student demographic with the highest graduation rate in 2023 at Lakes Region Community College is Male and White (44.4% graduation rate). Across all Associates 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
100 degrees awarded
Hispanic or Latino
5 degrees awarded
Two or More Races
2 degrees awarded

The most common race/ethnicity at Lakes Region Community College is white (100 degrees awarded). There were 20 times more white recipients than the next closest race/ethnicity group, hispanic or latino (5 degrees).

6.03% of degree recipients (7 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
53 degrees awarded
White Female
47 degrees awarded
Hispanic or Latino Female
3 degrees awarded

The most common race/ethnicity and sex grouping at Lakes Region Community College is white male (53 degrees awarded). There were 1.13 times more white male recipients than the next closest race/ethnicity group, white female (47 degrees).

Operations

Lakes Region Community College has an endowment valued at nearly $260k, as of the end of the 2023 fiscal year. The return on its endowment was of 382k (147%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.

In 2023, Lakes Region Community College had a total salary expenditure of 11.9M. Lakes Region Community College employs 11 Associate professors, 8 Professors and 3 Assistant professors. Most academics at Lakes Region Community College are Male Associate professor (8), Female Professor (5), and Male Professor (3).

The most common positions for non-instructional staff at Lakes Region Community College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 12 employees, Service, with 4 employees, and Office and Administrative Support with 4 employees.

Endowment

$260k

2023 Endowment

9.53%

growth from 2022

Lakes Region Community College has an endowment valued at about $260k, as of the end of the 2023 fiscal year. The endowment of Lakes Region Community College grew 9.53% from the previous year. The value of their endowment was $5.54M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lakes Region 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.

Government Grants and Contracts

Grants & Contracts

$100k - Federal
$113k - State
$33.1k - Local

As of 2023, Lakes Region Community College received $100k in grants and contracts from the federal government, $113k from state grants and contracts, and $33.1k from local grants and contracts.

Salary Expenditure

$5.36M

2023 Salaries

5.93%

growth from 2022

In 2023, Lakes Region Community College paid a median of $5.36M in salaries, which represents 44.9% of their overall expenditure ($11.9M) and a 5.93% growth from the previous year. This is compared to a 2.85% decline between 2021 and 2022, and a 1.67% growth between 2020 and 2021.

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

Instructional Salaries

$1.63M

Instructional Salaries

Number of Employees

In 2023, Lakes Region Community College paid a total of $1.63M to 24 employees working as instructors, which represents 30.4% of all salaries paid.

This is compared to a median of $731k (4.21%) for similar Associates Colleges.

Occupations by Share

Associate professor

Most Common Instructor

11 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

12 Employees

In 2023, the most common positions for instructional staff at Lakes Region Community College were Associate professor with 11 employees, Professor with 8 employees, and Assistant professor with 3 employees.

In 2023, the most common positions for non-instructional staff at Lakes Region Community College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 12 employees, Service with 4 employees, and Office and Administrative Support with 4 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Associate professor
Female Professor
Male Professor

In 2023, the most common demographic for instructional staff at Lakes Region Community College was Male Associate professor with 8 employees, Female Professor with 5 employees, and Male Professor with 3 employees.

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

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