Lakeland University

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2023 Undergraduate Tuition
$30,900
1.64% growth from 2022
2023 Average Net Price
$22,593
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
91.1%
1,066 Applicants
2023 Enrolled Students
2,786
29.1% Full-Time
2023 Graduation Rate
55.7%
97 Graduates

About

Lakeland University is a higher education institution located in Sheboygan County, WI. In 2023, the most popular Bachelors Degree concentrations at Lakeland University were Other Business Administration, Management, & Operations (141 degrees awarded), Accounting (70 degrees), and General Computer & Information Sciences (42 degrees).

In 2023, 588 degrees were awarded across all undergraduate and graduate programs at Lakeland University. 63.4% of these degrees were awarded to women, and 36.6% awarded men. The most common race/ethnicity group of degree recipients was white (441 degrees), 12.6 times more than then the next closest race/ethnicity group, hispanic or latino (35 degrees).

The median undergraduate tuition at Lakeland University is $30,900, which is $6,325 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Lakeland University was 0%, corresponding to 0 out of the 694 total borrowers.

Costs

In 2023, the median undergraduate tuition at Lakeland University is $30,900, which is $6,325 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $22,593.

In 2023, 55% of undergraduate students attending Lakeland University received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Tuition Costs

$30,900
2023 Undergraduate Tuition

In 2023, the cost of tuition at Lakeland University was $30,900. The cost of tuition at Lakeland University is $6,325 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

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Average Net Price

$22,593
2023 Value
4.54%
1 Year Growth

In 2023 Lakeland University had an average net price — the price paid after factoring in grants and loans — of $22,593. Between 2022 and 2023, the average net price of Lakeland University grew by 4.54%.

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.

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Other Student Expenses

$9,418
Room and Board
$1,100
Books and Supplies

The average yearly cost of room and board at Lakeland University was of $9,418 in 2023. The cost of room and board increased by 2.27% between 2022 and 2023.

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.

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Financial Aid by Income Level

55%
Undergraduates Receiving Financial Aid through Grants
55%
Undergraduates Receiving Financial Aid through Loans

55% of undergraduate students at Lakeland University received financial aid through grants or loans in 2023. This represents a decline of 32.9% with respect to 2022, when 82% 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.

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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 Lakeland University was 0%, which represents 0 out of the 694 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

Lakeland University received 1,066 undergraduate applications in 2023, which represents a 13.3% annual growth. Out of those 1,066 applicants, 971 students were accepted for enrollment, representing a 91.1% acceptance rate.

There were 2,786 students enrolled at Lakeland University in 2023. 31% of first-time enrollees submitted SAT scores with their applications.

Lakeland University has an overall enrollment yield of 21.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

91.1%
Acceptance Rate in 2023
971
Accepted Out of 1,066

In 2023, the undergraduate acceptance rate of Lakeland University was 91.1% (971 admissions from 1,066 applications). This is lower than the acceptance rate of 2022, which was 99.5%. Between 2022 and 2023, the number of applicants declined by 13.3%, while admissions declined by 20.7%.

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.

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SAT Scores

31%
Submission Percentage (2019)
66
Scores Submitted (2019)

31% of enrolled first-time students at Lakeland University 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

Lakeland University had a total enrollment of 2,786 students in 2023. The full-time enrollment at Lakeland University is 810 students and the part-time enrollment is 1,976. This means that 29.1% of students enrolled at Lakeland University are enrolled full-time.

The enrolled student population at Lakeland University, both undergraduate and graduate, is 57.2% White, 5.17% Black or African American, 4.59% Hispanic or Latino, 4.13% Asian, 1.51% Two or More Races, and 0.574% American Indian or Alaska Native.

Students enrolled at Lakeland University in full-time Undergraduate programs are most commonly White Female (32%), followed by White Male (25.8%) and Black or African American Male (8.38%). Students enrolled in full-time Graduate programs are most commonly White Female (61.6%), followed by White Male (17.6%) and Hispanic or Latino Female (3.2%).

Full-Time vs Part-Time Enrollment

29.1%
Full-Time Enrollment

The total enrollment at Lakeland University in 2023, both undergraduate and graduate, is 2,786 students. The full-time enrollment at Lakeland University is 810 and the part-time enrollment is 1,976. This means that 29.1% of students enrolled at Lakeland University are enrolled full-time compared with 68.2% 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.

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Retention Rate over Time

67%
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 Lakeland University was 67%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Lakeland University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    1,594 enrolled students
  2. Black or African American
    144 enrolled students
  3. Hispanic or Latino
    128 enrolled students

The enrolled student population at Lakeland University is 57.2% White, 5.17% Black or African American, 4.59% Hispanic or Latino, 4.13% Asian, 1.51% Two or More Races, and 0.574% 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 Masters Colleges and Universities is 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 735 students (26.4%) did not report their race.

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Graduates

In 2023, 158 more women than men received degrees from Lakeland University. The most common race/ethnicity group of degree recipients at Lakeland University is white (441 degrees awarded). There were 12.6 times more white recipients than the next closest race/ethnicity group, hispanic or latino (35 degrees).

The most common Bachelor's Degree concentration at Lakeland University is Other Business Administration, Management, & Operations (141 degrees awarded), followed by Accounting (70 degrees) and General Computer & Information Sciences (42 degrees).

In 2023,  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 (356 degrees awarded), Parks, Recreation, & Leisure (20 degrees), and Psychology (33 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lakeland University are Elementary & middle school teachers (1,735,244 people), Accountants & auditors (1,073,940 people), Other managers (965,249 people), Software developers (753,652 people), and Secondary school teachers (594,487 people).

The most specialized majors at Lakeland University in 2023 are Business (356 degrees awarded), Parks, Recreation, & Leisure (20 degrees), Psychology (33 degrees), Computer and Information Sciences and Support Services (42 degrees), and Education (39 degrees) (as of 2023).

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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 Lakeland University are Surgeons, Securities, commodities, & financial services sales agents, Physicians, Cardiovascular technologists and technicians, and Architectural & engineering managers

The most specialized majors at Lakeland University are Business (356 degrees awarded), Parks, Recreation, & Leisure (20 degrees), Psychology (33 degrees), Computer and Information Sciences and Support Services (42 degrees), and Education (39 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 Lakeland University are Computer Systems Design (1,148,238 people), Elementary & secondary schools (987,779 people), Colleges, universities & professional schools, including junior colleges (650,118 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (581,483 people), and Banking & related activities (577,060 people).

The most specialized majors at Lakeland University are Business (356 degrees awarded), Parks, Recreation, & Leisure (20 degrees), Psychology (33 degrees), Computer and Information Sciences and Support Services (42 degrees), and Education (39 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 Lakeland University.
Most Common (2023)
  1. 141 degrees awarded
  2. 70 degrees awarded
  3. 42 degrees awarded

In 2023, the most common bachelors degree concentration at Lakeland University was Other Business Administration, Management, & Operations with 141 degrees awarded.

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

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Sex Breakdown for Common Majors

215
Degrees Awarded to Men
in 2023
373
Degrees Awarded to Women
in 2023

In 2023, 215 degrees were awarded to men at Lakeland University, which is 0.576 times less than the number of degrees awarded to females (373).

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

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Most Common Male Majors

In 2023, 101 degrees were awarded to men at Lakeland University in Other Business Administration, Management, & Operations, which is 0.62 times less than the 163 female recipients with that same degree.

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Most Common Female Majors

In 2023, 163 degrees were awarded to men at Lakeland University in Other Business Administration, Management, & Operations, which is 1.61 times more than the 101 male recipients with that same degree.

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Time to Complete

35%
100% Completion Time
42%
150% Completion Time

In 2023, 35% of students graduating from Lakeland University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 42% completed their degrees within 150% of the normal time, and 43% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Lakeland University is Female and Hispanic or Latino (100% graduation rate). Across all Masters Colleges and Universities, 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, 2.06% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

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

The most common race/ethnicity at Lakeland University is white (441 degrees awarded). There were 12.6 times more white recipients than the next closest race/ethnicity group, hispanic or latino (35 degrees).

1.87% of degree recipients (11 students) did not report their race.

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Race & Ethnicity by Sex

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

The most common race/ethnicity and sex grouping at Lakeland University is white female (277 degrees awarded). There were 1.69 times more white female recipients than the next closest race/ethnicity group, white male (164 degrees).

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Operations

Lakeland University has an endowment valued at nearly $19.8M, as of the end of the 2023 fiscal year. The return on its endowment was of 84.2k (0.424%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Lakeland University had a total salary expenditure of 38.1M. Lakeland University employs 11 Assistant professors, 10 Associate professors and 8 Professors. Most academics at Lakeland University are Male Associate professor (7), Female Assistant professor (7), and Male Professor (5).

The most common positions for non-instructional staff at Lakeland University are: Service, with 38 employees, Management, with 36 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 34 employees.

Endowment

$19.8M
2023 Endowment
5.7%
growth from 2022

Lakeland University has an endowment valued at about $19.8M, as of the end of the 2023 fiscal year. The endowment of Lakeland University grew 5.7% from the previous year. The value of their endowment was $29.9M 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.

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Salary Expenditure

$15.6M
2023 Salaries
2.52%
decline from 2022

In 2023, Lakeland University paid a median of $15.6M in salaries, which represents 40.8% of their overall expenditure ($38.1M) and a 2.52% decline from the previous year. This is compared to a 0.0457% growth between 2021 and 2022, and a 13.8% growth between 2020 and 2021.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

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Instructional Salaries

$2.24M
Instructional Salaries
32
Number of Employees

In 2023, Lakeland University paid a total of $2.24M to 32 employees working as instructors, which represents 14.4% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

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Occupations by Share

Assistant professor
Most Common Instructor
11 Employees
Service
Most Common Non-Instructional Employee
38 Employees

In 2023, the most common positions for instructional staff at Lakeland University were Assistant professor with 11 employees, Associate professor with 10 employees, and Professor with 8 employees.

In 2023, the most common positions for non-instructional staff at Lakeland University were Service with 38 employees, Management with 36 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 34 employees.

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Instructors by Academic Rank and Sex

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

In 2023, the most common demographic for instructional staff at Lakeland University was Male Associate professor with 7 employees, Female Assistant professor with 7 employees, and Male Professor with 5 employees.

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

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