Lane College

www.lanecollege.edu

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2023 Undergraduate Tuition

$9,270

2023 Average Net Price

$13,384

After Financial Aid

2020 Default Rate

on Student Loans

2017 Acceptance Rate

48.5%

6,097 Applicants

2023 Enrolled Students

822

95.5% Full-Time

2023 Graduation Rate

17%

71 Graduates

About

Lane College is a higher education institution located in Madison County, TN. In 2023, the most popular Bachelors Degree concentrations at Lane College were General Business Administration & Management (26 degrees awarded), Sociology (21 degrees), and Physical Education Teaching & Coaching (20 degrees).

In 2023, 146 degrees were awarded across all undergraduate and graduate programs at Lane College. 56.2% of these degrees were awarded to women, and 43.8% awarded men. The most common race/ethnicity group of degree recipients was black or african american (124 degrees), 31 times more than then the next closest race/ethnicity group, white (4 degrees).

The median undergraduate tuition at Lane College is $9,270, which is $−20,010 less than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Lane College was 0%, corresponding to 0 out of the 509 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Lane College is $9,270, which is $20,010 less than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $13,384.

In 2023, 91% of undergraduate students attending Lane College received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

Tuition Costs

$9,270

2023 Undergraduate Tuition

In 2023, the cost of tuition at Lane College was $9,270. The cost of tuition at Lane College is $−20,010 less than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$13,384

2023 Value

0.105%

1 Year Growth

In 2023 Lane College had an average net price — the price paid after factoring in grants and loans — of $13,384. Between 2022 and 2023, the average net price of Lane College grew by 0.105%.

This chart compares the average net price of Lane 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

$7,745

Room and Board

$700

Books and Supplies

The average yearly cost of room and board at Lane College was of $7,745 in 2023. The cost of room and board did not change between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $700. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

91%

Undergraduates Receiving Financial Aid through Grants

60%

Undergraduates Receiving Financial Aid through Loans

91% of undergraduate students at Lane College received financial aid through grants or loans in 2023. This represents a decline of 2.15% with respect to 2022, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at Lane 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 Lane College was 0%, which represents 0 out of the 509 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

Lane College received 6,097 undergraduate applications in 2017, which represents a 14.8% annual growth. Out of those 6,097 applicants, 2,955 students were accepted for enrollment, representing a 48.5% acceptance rate.

There were 822 students enrolled at Lane College in 2023.

Lane College has an overall enrollment yield of 14%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

48.5%

Acceptance Rate in 2017

2,955

Accepted Out of 6,097

In 2017, the undergraduate acceptance rate of Lane College was 48.5% (2,955 admissions from 6,097 applications). This is lower than the acceptance rate of 2016, which was 50.3%. Between 2016 and 2017, the number of applicants grew by 14.8%, while admissions grew by 10.7%.

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

SAT Scores

0% of enrolled first-time students at Lane College in 2017 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.

Enrollment

Lane College had a total enrollment of 822 students in 2023. The full-time enrollment at Lane College is 785 students and the part-time enrollment is 37. This means that 95.5% of students enrolled at Lane College are enrolled full-time.

The enrolled student population at Lane College, both undergraduate and graduate, is 79.4% Black or African American, 3.28% Hispanic or Latino, 1.82% White, 0.973% Two or More Races, 0.243% Asian, and 0.122% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lane College in full-time Undergraduate programs are most commonly Black or African American Male (43.9%), followed by Black or African American Female (35.3%) and Hispanic or Latino Male (1.67%).

Full-Time vs Part-Time Enrollment

95.5%

Full-Time Enrollment

The total enrollment at Lane College in 2023, both undergraduate and graduate, is 822 students. The full-time enrollment at Lane College is 785 and the part-time enrollment is 37. This means that 95.5% of students enrolled at Lane 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 Lane College (in red) compares to similar universities.

Retention Rate over Time

45%

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 Lane College was 45%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Lane College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Black or African American
653 enrolled students
Hispanic or Latino
27 enrolled students
White
15 enrolled students

The enrolled student population at Lane College is 79.4% Black or African American, 3.28% Hispanic or Latino, 1.82% White, 0.973% Two or More Races, 0.243% Asian, and 0.122% 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, 99 students (12%) did not report their race.

Graduates

In 2023, 18 more women than men received degrees from Lane College. The most common race/ethnicity group of degree recipients at Lane College is black or african american (124 degrees awarded). There were 31 times more black or african american recipients than the next closest race/ethnicity group, white (4 degrees).

The most common Bachelor's Degree concentration at Lane College is General Business Administration & Management (26 degrees awarded), followed by Sociology (21 degrees) and Physical Education Teaching & Coaching (20 degrees).

In 2023, the most specialized majors across all degree types at Lane College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communications (15 degrees awarded), Protective Services (18 degrees), and History (4 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lane College are Lawyers, & judges, magistrates, & other judicial workers (488,226 people), Other managers (461,019 people), Elementary & middle school teachers (270,532 people), Chief executives & legislators (196,447 people), and Police officers (188,656 people).

The most specialized majors at Lane College in 2023 are Communications (15 degrees awarded), Protective Services (18 degrees), History (4 degrees), Social Sciences (22 degrees), and Interdisciplinary Studies (9 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 Lane College are Surgeons, Cardiovascular technologists and technicians, Physicians, Securities, commodities, & financial services sales agents, and Photographic process workers & processing machine operators

The most specialized majors at Lane College are Communications (15 degrees awarded), Protective Services (18 degrees), History (4 degrees), Social Sciences (22 degrees), and Interdisciplinary Studies (9 degrees) (as of 2023).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lane College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (612,455 people), Colleges, universities & professional schools, including junior colleges (470,565 people), Elementary & secondary schools (366,152 people), Justice, public order, & safety activities (364,864 people), and Offices of physicians (242,620 people).

Majors Awarded

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

Most Common (2023)

General Business Administration & Management
26 degrees awarded
Sociology
21 degrees awarded
Physical Education Teaching & Coaching
20 degrees awarded

In 2023, the most common bachelors degree concentration at Lane College was General Business Administration & Management with 26 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 64 degrees were awarded to men at Lane College, which is 0.78 times less than the number of degrees awarded to females (82).

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

Most Common Male Majors

In 2023, 15 degrees were awarded to men at Lane College in General Business Administration & Management, which is 1.36 times more than the 11 female recipients with that same degree.

Most Common Female Majors

In 2023, 17 degrees were awarded to men at Lane College in Sociology, which is 3.4 times more than the 5 male recipients with that same degree.

Time to Complete

17%

100% Completion Time

24%

150% Completion Time

In 2023, 17% of students graduating from Lane College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 24% completed their degrees within 150% of the normal time, and 26% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (50%)

The student demographic with the highest graduation rate in 2023 at Lane College is Female and Two or More Races (50% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

Black or African American
124 degrees awarded
White
4 degrees awarded
Two or More Races
2 degrees awarded

The most common race/ethnicity at Lane College is black or african american (124 degrees awarded). There were 31 times more black or african american recipients than the next closest race/ethnicity group, white (4 degrees).

11% of degree recipients (16 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Black or African American Female
73 degrees awarded
Black or African American Male
51 degrees awarded
White Male
3 degrees awarded

The most common race/ethnicity and sex grouping at Lane College is black or african american female (73 degrees awarded). There were 1.43 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (51 degrees).

Operations

Lane College has an endowment valued at nearly $8.31M, as of the end of the 2023 fiscal year. The return on its endowment was of 734k (8.83%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Lane College had a total salary expenditure of 33.4M. Lane College employs 33 Assistant professors, 9 Associate professors and 4 Instructors. Most academics at Lane College are Male Assistant professor (20), Female Assistant professor (13), and Male Associate professor (7).

The most common positions for non-instructional staff at Lane College are: Service, with 27 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 21 employees, and Office and Administrative Support with 19 employees.

Endowment

$8.31M

2023 Endowment

29.1%

growth from 2022

Lane College has an endowment valued at about $8.31M, as of the end of the 2023 fiscal year. The endowment of Lane College grew 29.1% from the previous year. The value of their endowment was $43.1M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lane 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.

Salary Expenditure

$10.8M

2023 Salaries

6.68%

growth from 2022

In 2023, Lane College paid a median of $10.8M in salaries, which represents 32.3% of their overall expenditure ($33.4M) and a 6.68% growth from the previous year. This is compared to a 21.5% growth between 2021 and 2022, and a 8.83% decline between 2020 and 2021.

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

Instructional Salaries

$2.72M

Instructional Salaries

Number of Employees

In 2023, Lane College paid a total of $2.72M to 48 employees working as instructors, which represents 25.2% of all salaries paid.

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

Occupations by Share

Assistant professor

Most Common Instructor

33 Employees

Service

Most Common Non-Instructional Employee

27 Employees

In 2023, the most common positions for instructional staff at Lane College were Assistant professor with 33 employees, Associate professor with 9 employees, and Instructor with 4 employees.

In 2023, the most common positions for non-instructional staff at Lane College were Service with 27 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 21 employees, and Office and Administrative Support with 19 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Assistant professor
Female Assistant professor
Male Associate professor

In 2023, the most common demographic for instructional staff at Lane College was Male Assistant professor with 20 employees, Female Assistant professor with 13 employees, and Male Associate professor with 7 employees.

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

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