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Lawrence Technological University is a private school founded in 1932 during the great depression, a time pervaded by a shared feeling of uncertainty. The founders, Henry and Edsel Ford decided to turn their assembly plant into a school for experimental and scientific students.
The students and faculty of Lawrence Technological University value the concepts of theory and practice, and the sense of having a powerful community. There were and currently are no limits on who the school accepts into the program, regardless of race, gender, or nationality. Anyone who qualifies for the school program and has a desire to go above and beyond is welcome at LTU.
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Overview of Lawrence Technological University
In less than one hundred years since the opening of Lawrence Technological University, the school now partners with schools and programs from Europe, Mexico, the Middle East, and Asia. There are over 25 sports teams at the school, including a pep band and a dance team.
LTU has four fundamental values that the staff and students of the school believe in.
These values are:
- Teamwork and Trust
- Theory and Practice
- Student-focused and Caring
- Character and Integrity
By following these values, LTU can turn students into critical thinkers and leaders.
General Information
School Type | Private not-for-profit |
---|---|
Campus Setting | City: Small |
Campus Housing | Yes |
Student Faculty Ratio | 11:1 |
Graduation Rate | 60% |
Year Founded | 1932 |
Student Enrollment
Total Students2,848
2,136
712
Undergraduate Student
Male 1,517
Female 619
Graduate Student
Male 506
Female 206
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Top Rankings For Lawrence Technological University
Admissions
APPLICATIONS2,398
ACCEPTANCE1,894
Acceptance Rate79%
Enrollment 360
Admissions | |
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Application Fee | $30 |
High School GPA | Required |
High School Rank | Recommended |
High School Transcripts | Required |
College Prep Courses | Recommended |
Recommendations | NA |
Formal demonstration of competencies | Required |
SAT/ACT | Required |
TOEFL (Test of English as a Foreign Language) | Required |
Application Deadline | Rolling |
Common Application Accepted | Yes |
Tuition Cost & Financial Aid
The cost of attending LTU can depend on the student's major and any financial aid they may receive.
According to the Lawrence Technological University site, the average tuition cost for a freshman taking two 15-credit semesters is $35,430. That does not include meal plans, housing, transportation, books, supplies, or general fees.
The total cost after all of the general student-life costs is roughly $53,676. Students who take part in special programs or extracurricular activities may owe more after a single year, or less if the program they are involved in provides them with income. Depending on factors such as financial aid, the average tuition costs can range from $28,000 to $33,000.
Average net price | 2018-2019 |
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Net Price | $32,406 |
Average Total Aid | $15,257 |
Students Receiving Financial Aid | 98% |
Room & Board | $10,540 |
Sticker Price
- Tuition In-State - $35,280
- Tuition Out-of-State - $35,280
- Books and Supplies - $1,536
- Room & Board - $10,540
- Other - $4,490
Academics
Lawrence Technological University's graduation rate after 6 years is 60%, ranking the university in the top 55% in the country. On average, the first-year retention rate is 74%, which is excellent. The student-to-faculty ratio is 11:1, 11 students for every faculty member.Â
It’s important to know the retention rates and other statistical information about universities. The graduation rates that you discover through these statistics can help students prepare for how much time they may need to complete their college education and let them know if students at the school receive the attention and support they need to complete their degree in a reasonable time frame. The retention rate shows how many students continue through to their second year at the school, showing that students at least approve of the education they received in their first year.Â
Student-to-faculty ratios are also essential. The smaller a student-to-faculty ratio, the more time professors and other staff members can spend with individual students. In the United States, the average ratio of students and staff members is 14:1. By knowing the student-to-faculty ratio, students can prepare themselves on what to expect in terms of their classrooms' size and how much direct help from teachers they may receive.
Retention
Rate
4 year
Graduation
Rate
6 year
Graduation
Rate
Student Population Total
Student Population 2,848
2,136
712
Most Popular Programs & Majors
(# of Diplomas Awarded by Subject)
All Engineering Majors | 141 Total Graduates / 42% |
---|---|
Mechanical Engineering | 70 Graduates |
Electrical and Electronics Engineering | 22 Graduates |
Bioengineering and Biomedical Engineering | 20 Graduates |
Civil Engineering, General | 16 Graduates |
Architecture and Related Services | 61 Total Graduates / 18% |
Architectural and Building Sciences/Technology | 54 Graduates |
Interior Architecture | 7 Graduates |
Engineering Technology and Engineering-Related Fields | 30 Total Graduates / 9% |
Engineering Technology, General | 16 Graduates |
Telecommunications Technology/Technician | 14 Graduates |
All Computer Information Science Majors | 28 Total Graduates / 8% |
Computer Science | 21 Graduates |
Information Technology | 7 Graduates |
All Business Majors | 27 Total Graduates / 8% |
Business Administration and Management, General | 10 Graduates |
Construction Management | 8 Graduates |
Marketing Research | 4 Graduates |
Accounting | 2 Graduates |
Finance, General | 2 Graduates |
All Other Diplomas | 14% |
Outcome & Salary
The outcome of students who attend and graduate Lawrence Technological University can vary depending on the program the student studies and the career path they choose.Â
The average starting salary for graduate’s is $56,700. Their average mid-career salary is $106,400.
Those who attend LTU and take out student loans to help pay for tuition will typically face an average loan balance of $27,000 student debt after graduation. Roughly 67% of students from LTU will pay back their student loans. Compare that to the national average of 47%, and the number looks great in Lawrence Technological University's favor.
One notable alumnus of Lawrence Technological University is Steven A. Ballemer who is a former CEO of Microsoft. Another notable alumnus of LTU is Larry A. Lawson, who is the current president and CEO of Spirit AeroSystems.
Graduates Salary | |
---|---|
College Grads Early Career Salary | $47,300 |
College Grads Average Salary | $84,800 |
College Grads Mid Career Salary | $69,600 |
Return on Investment (ROI) | |
---|---|
10 Year Salary Earnings Potential | $848,000 |
20 Year Salary Earnings Potential | $1,544,000 |
Cost of Education (Net Price) 4 Year | $129,624 |
10 Year Projected ROI | $718,376 |
20 Year Projected ROI | $1,414,376 |
No College Education Salary Comparison | |
---|---|
National Average Salary | $38,792 |
10 Year Projected Income | $387,920 |
20 Year Projected Income | $775,840 |
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