Laurel Technical Institute

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    2024 Undergraduate Tuition
    $12,386
    16% growth from 2023
    2024 Average Net Price
    $6,914
    After Financial Aid
    2024 Acceptance Rate
    85.3%
    102 Applicants
    2024 Enrolled Students
    163
    100% Full-Time
    2024 Graduation Rate
    73.2%
    41 Graduates

    About

    Laurel Technical Institute is a higher education institution located in Mercer County, PA. In 2024, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Laurel Technical Institute were General Cosmetology (20 degrees awarded), Welding Technology (11 degrees), and Culinary Arts & Chef Training (11 degrees).

    In 2024, 100 degrees were awarded across all undergraduate and graduate programs at Laurel Technical Institute. 65% of these degrees were awarded to women, and 35% awarded men. The most common race/ethnicity group of degree recipients was white (76 degrees), 5.43 times more than then the next closest race/ethnicity group, black or african american (14 degrees).

    The median undergraduate tuition at Laurel Technical Institute is $12,386, which is $4,226 more than the national average for Associates Colleges ($8,160).

    Costs

    In 2024, the median undergraduate tuition at Laurel Technical Institute is $12,386, which is $4,226 more than the national average for Associates Colleges ($8,160).

    After taking grants and loans into account, the average net price for students is $6,914.

    In 2024, 80% of undergraduate students attending Laurel Technical Institute received financial aid through grants. Comparatively, 82% of undergraduate students received financial aid through loans.

    Tuition Costs

    $12,386
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Laurel Technical Institute was $12,386. The cost of tuition at Laurel Technical Institute is $4,226 more than than the overall (public and private) national average for Associates Colleges ($8,160).

    This chart compares the tuition costs of Laurel Technical Institute (in red) with those of other similar universities.

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    Average Net Price

    $6,914
    2024 Value
    22.6%
    1 Year Growth

    In 2024 Laurel Technical Institute had an average net price — the price paid after factoring in grants and loans — of $6,914. Between 2023 and 2024, the average net price of Laurel Technical Institute grew by 22.6%.

    This chart compares the average net price of Laurel Technical Institute (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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    Admissions

    Laurel Technical Institute received 102 undergraduate applications in 2024, which represents a 23.9% annual growth. Out of those 102 applicants, 87 students were accepted for enrollment, representing a 85.3% acceptance rate.

    There were 163 students enrolled at Laurel Technical Institute in 2024.

    Laurel Technical Institute has an overall enrollment yield of 77%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    85.3%
    Acceptance Rate in 2024
    87
    Accepted Out of 102

    In 2024, the undergraduate acceptance rate of Laurel Technical Institute was 85.3% (87 admissions from 102 applications). This is lower than the acceptance rate of 2023, which was 93.3%. Between 2023 and 2024, the number of applicants declined by 23.9%, while admissions declined by 30.4%.

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

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    Enrollment

    Laurel Technical Institute had a total enrollment of 163 students in 2024. The full-time enrollment at Laurel Technical Institute is 163 students and the part-time enrollment is 0. This means that 100% of students enrolled at Laurel Technical Institute are enrolled full-time.

    The enrolled student population at Laurel Technical Institute, both undergraduate and graduate, is 78.5% White, 14.7% Black or African American, 3.07% Two or More Races, 1.23% Hispanic or Latino, 0.613% American Indian or Alaska Native, and 0.613% Asian.

    Students enrolled at Laurel Technical Institute in full-time Undergraduate programs are most commonly White Female (49.1%), followed by White Male (25.5%) and Black or African American Female (8.39%).

    Full-Time vs Part-Time Enrollment

    100%
    Full-Time Enrollment

    The total enrollment at Laurel Technical Institute in 2024, both undergraduate and graduate, is 163 students. The full-time enrollment at Laurel Technical Institute is 163 and the part-time enrollment is 0. This means that 100% of students enrolled at Laurel Technical Institute are enrolled full-time compared with 31.9% at similar Associates Colleges.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      128 enrolled students
    2. Black or African American
      24 enrolled students
    3. Two or More Races
      5 enrolled students

    The enrolled student population at Laurel Technical Institute is 78.5% White, 14.7% Black or African American, 3.07% Two or More Races, 1.23% Hispanic or Latino, 0.613% American Indian or Alaska Native, and 0.613% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 41.3% White, 28.4% Hispanic or Latino, and 13.2% Black or African American.

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    Graduates

    In 2024, 30 more women than men received degrees from Laurel Technical Institute. The most common race/ethnicity group of degree recipients at Laurel Technical Institute is white (76 degrees awarded). There were 5.43 times more white recipients than the next closest race/ethnicity group, black or african american (14 degrees).

    The most common 1 to 2 Year Postsecondary Certificate concentration at Laurel Technical Institute is General Cosmetology (20 degrees awarded), followed by Welding Technology (11 degrees) and Culinary Arts & Chef Training (11 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 Laurel Technical Institute are Registered nurses (1,500,225 people), Software developers (631,438 people), Other managers (189,462 people), Medical & health services managers (167,487 people), and Nurse practitioners & nurse midwives (166,638 people).

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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 Laurel Technical Institute are Surgeons, Cardiovascular technologists and technicians, Chief executives & legislators, Magnetic resonance imaging technologists, and Dentists

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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 Laurel Technical Institute.
    Most Common (2024)
    1. 20 degrees awarded
    2. 11 degrees awarded
    3. 11 degrees awarded

    In 2024, the most common 1 to 2 year postsecondary certificate concentration at Laurel Technical Institute was General Cosmetology with 20 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Laurel Technical Institute according to their major.

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    Sex Breakdown for Common Majors

    35
    Degrees Awarded to Men
    in 2024
    65
    Degrees Awarded to Women
    in 2024

    In 2024, 35 degrees were awarded to men at Laurel Technical Institute, which is 0.538 times less than the number of degrees awarded to females (65).

    This chart displays the sex disparity between the top 5 majors at Laurel Technical Institute by degrees awarded.

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    Most Common Male Majors

    In 2024, 11 degrees were awarded to men at Laurel Technical Institute in Electrician, which is 11 times more than the 1 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 25 degrees were awarded to women at Laurel Technical Institute in Other Cosmetology & Related Personal Grooming Arts. There were no male recipients with the same degree.

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    Time to Complete

    74%
    100% Completion Time
    74%
    150% Completion Time

    In 2024, 74% of students graduating from Laurel Technical Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 74% 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.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      76 degrees awarded
    2. Black or African American
      14 degrees awarded
    3. Two or More Races
      4 degrees awarded

    The most common race/ethnicity at Laurel Technical Institute is white (76 degrees awarded). There were 5.43 times more white recipients than the next closest race/ethnicity group, black or african american (14 degrees).

    2% of degree recipients (2 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      108 degrees awarded
    2. White Female
      87 degrees awarded
    3. White Female
      76 degrees awarded

    The most common race/ethnicity and sex grouping at Laurel Technical Institute is white female (108 degrees awarded). There were 1.24 times more white female recipients than the next closest race/ethnicity group, white female (87 degrees).

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    Operations

    In 2024, Laurel Technical Institute had a total salary expenditure of 3.16M. Laurel Technical Institute employs 21 Instructors. Most academics at Laurel Technical Institute are Female Instructor (14), and Male Instructor (7).

    The most common positions for non-instructional staff at Laurel Technical Institute are: Business and Financial Operations, with 5 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 5 employees, and Office and Administrative Support with 4 employees.

    Salary Expenditure

    $1.32M
    2024 Salaries
    6.19%
    growth from 2023

    In 2024, Laurel Technical Institute paid a median of $1.32M in salaries, which represents 41.7% of their overall expenditure ($3.16M) and a 6.19% growth from the previous year. This is compared to a 11.7% growth between 2022 and 2023, and a 0.39% growth between 2021 and 2022.

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    Instructional Salaries

    $1.38M
    Instructional Salaries
    21
    Number of Employees

    In 2024, Laurel Technical Institute paid a total of $1.38M to 21 employees working as instructors, which represents 104% of all salaries paid.

    This is compared to a median of $720k (4.04%) for similar Associates Colleges.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Laurel Technical Institute were Business and Financial Operations with 5 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 5 employees, and Office and Administrative Support with 4 employees.

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