Lake Washington Institute of Technology

www.lwtech.edu

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2023 Undergraduate Tuition

$3,195

3% growth from 2022

2023 Average Net Price

$8,545

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

3,357

48.9% Full-Time

2023 Graduation Rate

39.8%

53 Graduates

About

Lake Washington Institute of Technology is a higher education institution located in King County, WA. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Lake Washington Institute of Technology were Early Childhood Education & Teaching (152 degrees awarded), Autobody & Collision Repair Technology (41 degrees), and Welding Technology (25 degrees).

In 2023, 1,210 degrees were awarded across all undergraduate and graduate programs at Lake Washington Institute of Technology. 61.6% of these degrees were awarded to women, and 38.4% awarded men. The most common race/ethnicity group of degree recipients was white (560 degrees), 2.84 times more than then the next closest race/ethnicity group, hispanic or latino (197 degrees).

The median undergraduate tuition at Lake Washington Institute of Technology is $3,195, which is $−8,996 less than the national average for Baccalaureate/Associates Colleges ($12,192).

In 2020 the default rate for borrower's at Lake Washington Institute of Technology was 0%, corresponding to 0 out of the 263 total borrowers.

Baccalaureate/Associates Colleges: Associates Dominant Baccalaureate/Associates Colleges

Costs

In 2023, the median undergraduate tuition at Lake Washington Institute of Technology is $3,195, which is $8,997 less than the national average for Baccalaureate/Associates Colleges ($12,192).

After taking grants and loans into account, the average net price for students is $8,545.

In 2023, 30% of undergraduate students attending Lake Washington Institute of Technology received financial aid through grants. Comparatively, 5% of undergraduate students received financial aid through loans.

Tuition Costs

$3,195

2023 Undergraduate Tuition

In 2023, the cost of tuition at Lake Washington Institute of Technology was $3,195. The cost of tuition at Lake Washington Institute of Technology is $−8,997 less than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($12,192).

This chart compares the tuition costs of Lake Washington Institute of Technology (in red) with those of other similar universities.

Average Net Price

$8,545

2023 Value

11.9%

1 Year Growth

In 2023 Lake Washington Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $8,545. Between 2022 and 2023, the average net price of Lake Washington Institute of Technology grew by 11.9%.

This chart compares the average net price of Lake Washington Institute of Technology (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

$11,274

Room and Board

$1,119

Books and Supplies

The average yearly cost of room and board at Lake Washington Institute of Technology was of $11,274 in 2023. The cost of room and board increased by 1.4% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,119. The cost of books and supplies increased by 1.63% during the same period.

This chart compares the average student costs at Lake Washington Institute of Technology (in red) with that of similar universities.

Financial Aid by Income Level

30%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

30% of undergraduate students at Lake Washington Institute of Technology received financial aid through grants or loans in 2023. This represents a decline of 11.8% with respect to 2022, when 34% of undergraduate students received financial aid.

This chart compares the average award discount at Lake Washington Institute of Technology (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 Lake Washington Institute of Technology was 0%, which represents 0 out of the 263 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

Lake Washington Institute of Technology had a total enrollment of 3,357 students in 2023. The full-time enrollment at Lake Washington Institute of Technology is 1,641 students and the part-time enrollment is 1,716. This means that 48.9% of students enrolled at Lake Washington Institute of Technology are enrolled full-time.

The enrolled student population at Lake Washington Institute of Technology, both undergraduate and graduate, is 40% White, 15% Hispanic or Latino, 11.9% Asian, 6.32% Two or More Races, 4.53% Black or African American, 0.447% American Indian or Alaska Native, and 0.179% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lake Washington Institute of Technology in full-time Undergraduate programs are most commonly White Male (22.8%), followed by White Female (22.5%) and Hispanic or Latino Female (7.83%).

Full-Time vs Part-Time Enrollment

48.9%

Full-Time Enrollment

The total enrollment at Lake Washington Institute of Technology in 2023, both undergraduate and graduate, is 3,357 students. The full-time enrollment at Lake Washington Institute of Technology is 1,641 and the part-time enrollment is 1,716. This means that 48.9% of students enrolled at Lake Washington Institute of Technology are enrolled full-time compared with 44% at similar Baccalaureate/Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Lake Washington Institute of Technology (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,342 enrolled students
Hispanic or Latino
504 enrolled students
Asian
398 enrolled students

The enrolled student population at Lake Washington Institute of Technology is 40% White, 15% Hispanic or Latino, 11.9% Asian, 6.32% Two or More Races, 4.53% Black or African American, 0.447% American Indian or Alaska Native, and 0.179% 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/Associates Colleges is 42.4% White, 27.4% Hispanic or Latino, and 13.9% 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, 550 students (16.4%) did not report their race.

Graduates

In 2023, 280 more women than men received degrees from Lake Washington Institute of Technology. The most common race/ethnicity group of degree recipients at Lake Washington Institute of Technology is white (560 degrees awarded). There were 2.84 times more white recipients than the next closest race/ethnicity group, hispanic or latino (197 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Lake Washington Institute of Technology is Early Childhood Education & Teaching (152 degrees awarded), followed by Autobody & Collision Repair Technology (41 degrees) and Welding Technology (25 degrees).

In 2023, the most specialized majors across all degree types at Lake Washington Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (44 degrees awarded), Precision Production (98 degrees), and Agriculture (45 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 Lake Washington Institute of Technology are Elementary & middle school teachers (1,458,227 people), Software developers (595,489 people), Secondary school teachers (473,606 people), Education administrators (245,548 people), and Other managers (198,274 people).

The most specialized majors at Lake Washington Institute of Technology in 2023 are Communication Technologies (44 degrees awarded), Precision Production (98 degrees), Agriculture (45 degrees), Education (267 degrees), and Mechanical Technologies (86 degrees) (as of 2023).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake Washington Institute of Technology are Cardiovascular technologists and technicians, Surgeons, Physicians, Architectural & engineering managers, and Physician assistants

The most specialized majors at Lake Washington Institute of Technology are Communication Technologies (44 degrees awarded), Precision Production (98 degrees), Agriculture (45 degrees), Education (267 degrees), and Mechanical Technologies (86 degrees) (as of 2023).

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 Lake Washington Institute of Technology are Elementary & secondary schools (2,651,314 people), Computer Systems Design (620,771 people), Colleges, universities & professional schools, including junior colleges (269,447 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (148,630 people), and Insurance carriers (108,599 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lake Washington Institute of Technology.

Most Common (2023)

Registered Nursing
74 degrees awarded
Animation, Interactive Technology, Video Graphics, & Special Effects
27 degrees awarded
Welding Technology
25 degrees awarded

In 2023, the most common associates degree concentration at Lake Washington Institute of Technology was Registered Nursing with 74 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Lake Washington Institute of Technology according to their major.

Sex Breakdown for Common Majors

465

Degrees Awarded to Men

in 2023

745

Degrees Awarded to Women

in 2023

In 2023, 465 degrees were awarded to men at Lake Washington Institute of Technology, which is 0.624 times less than the number of degrees awarded to females (745).

This chart displays the sex disparity between the top 5 majors at Lake Washington Institute of Technology by degrees awarded.

Most Common Male Majors

In 2023, 63 degrees were awarded to men at Lake Washington Institute of Technology in Welding Technology, which is 5.73 times more than the 11 female recipients with that same degree.

Most Common Female Majors

In 2023, 248 degrees were awarded to men at Lake Washington Institute of Technology in Early Childhood Education & Teaching, which is 14.6 times more than the 17 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Lake Washington Institute of Technology is Female and Black or African American (100% graduation rate). Across all Baccalaureate/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.

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, 11.3% of graduates (6 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
560 degrees awarded
Hispanic or Latino
197 degrees awarded
Asian
159 degrees awarded

The most common race/ethnicity at Lake Washington Institute of Technology is white (560 degrees awarded). There were 2.84 times more white recipients than the next closest race/ethnicity group, hispanic or latino (197 degrees).

6.03% of degree recipients (73 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
311 degrees awarded
White Male
249 degrees awarded
Hispanic or Latino Female
142 degrees awarded

The most common race/ethnicity and sex grouping at Lake Washington Institute of Technology is white female (311 degrees awarded). There were 1.25 times more white female recipients than the next closest race/ethnicity group, white male (249 degrees).

Operations

Lake Washington Institute of Technology has an endowment valued at nearly $491k, as of the end of the 2023 fiscal year. The return on its endowment was of 4.91k (1%) compared to the 2.77% average return (416k on 15M) across all Baccalaureate/Associates Colleges.

In 2023, Lake Washington Institute of Technology had a total salary expenditure of 50.4M. Lake Washington Institute of Technology employs 77 No academic ranks. Most academics at Lake Washington Institute of Technology are Female No academic rank (49), and Male No academic rank (28).

The most common positions for non-instructional staff at Lake Washington Institute of Technology are: Management, with 53 employees, Office and Administrative Support, with 35 employees, and Service with 21 employees.

Endowment

$491k

2023 Endowment

2.23%

growth from 2022

Lake Washington Institute of Technology has an endowment valued at about $491k, as of the end of the 2023 fiscal year. The endowment of Lake Washington Institute of Technology grew 2.23% from the previous year. The value of their endowment was $14.5M lower than than the median endowment of Baccalaureate/Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lake Washington Institute of Technology (in red) compares to that of some similar universities.

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

Government Grants and Contracts

Grants & Contracts

$3.62M - Federal
$7.67M - State
$1.82M - Local

As of 2023, Lake Washington Institute of Technology received $3.62M in grants and contracts from the federal government, $7.67M from state grants and contracts, and $1.82M from local grants and contracts.

Salary Expenditure

$25.7M

2023 Salaries

5.46%

growth from 2022

In 2023, Lake Washington Institute of Technology paid a median of $25.7M in salaries, which represents 51% of their overall expenditure ($50.4M) and a 5.46% growth from the previous year. This is compared to a 2.27% growth between 2021 and 2022, and a 0.704% growth between 2020 and 2021.

The median for similar Baccalaureate/Associates Colleges is 13M (33.2% of overall expenditures).

Instructional Salaries

$6.46M

Instructional Salaries

Number of Employees

In 2023, Lake Washington Institute of Technology paid a total of $6.46M to 77 employees working as instructors, which represents 25.2% of all salaries paid.

This is compared to a median of $533k (3.76%) for similar Baccalaureate/Associates Colleges.

Occupations by Share

No academic rank

Most Common Instructor

77 Employees

Management

Most Common Non-Instructional Employee

53 Employees

In 2023, the most common positions for instructional staff at Lake Washington Institute of Technology was No academic rank with 77 employees.

In 2023, the most common positions for non-instructional staff at Lake Washington Institute of Technology were Management with 53 employees, Office and Administrative Support with 35 employees, and Service with 21 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female No academic rank
Male No academic rank

In 2023, the most common demographic for instructional staff at Lake Washington Institute of Technology was Female No academic rank with 49 employees, and Male No academic rank with 28 employees.

This chart shows the sex split between each academic rank present at Lake Washington Institute of Technology.

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