Loras College

www.loras.edu/

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2021 Undergraduate Tuition

$33,500

2021 Average Net Price

$20,068

After Financial Aid

2019 Student Loan

2.07%

Default Rate

2021 Acceptance Rate

72%

2,086 Applicants

2021 Enrolled Students

1,386

91.3% Full-Time

2021 Graduation Rate

67.4%

261 Graduates

About

Loras College is a higher education institution located in Dubuque County, IA. In 2021, the most popular Bachelors Degree concentrations at Loras College were General Psychology (29 degrees awarded), General Business Administration & Management (27 degrees), and Kinesiology & Exercise Science (21 degrees).

In 2021, 393 degrees were awarded across all undergraduate and graduate programs at Loras College. 51.4% of these degrees were awarded to women, and 48.6% awarded men. The most common race/ethnicity group of degree recipients was white (328 degrees), 11.7 times more than then the next closest race/ethnicity group, hispanic or latino (28 degrees).

The median undergraduate tuition at Loras College is $33,500, which is $4,995 more than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Loras College is $33,500, which is $4,995 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $20,068.

In 2021, 99% of undergraduate students attending Loras College received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans.

Tuition Costs

$33,500

2021 Undergraduate Tuition

In 2021, the cost of tuition at Loras College was $33,500. The cost of tuition at Loras College is $4,995 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$20,068

2021 Value

10.5%

1 Year Growth

In 2021 Loras College had an average net price — the price paid after factoring in grants and loans — of $20,068. Between 2020 and 2021, the average net price of Loras College grew by 10.5%.

This chart compares the average net price of Loras 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

$8,600

Room and Board

$1,100

Books and Supplies

The average yearly cost of room and board at Loras College was of $8,600 in 2021. The cost of room and board increased by 2.08% between 2020 and 2021.

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 Loras College (in red) with that of similar universities.

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

63%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Loras College received financial aid through grants or loans in 2021. This represents a growth of 3.13% with respect to 2020, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Loras 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.

2.07%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Loras College was 2.07%, which represents 8 out of the 386 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

Loras College received 2,086 undergraduate applications in 2021, which represents a 16% annual growth. Out of those 2,086 applicants, 1,501 students were accepted for enrollment, representing a 72% acceptance rate.

There were 1,386 students enrolled at Loras College in 2021.

Loras College has an overall enrollment yield of 19.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

72%

Acceptance Rate in 2021

1,501

Accepted Out of 2,086

In 2021, the undergraduate acceptance rate of Loras College was 72% (1,501 admissions from 2,086 applications). This is higher than the acceptance rate of 2020, which was 58.4%. Between 2020 and 2021, the number of applicants grew by 16%, while admissions grew by 3.59%..

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

Enrollment

Loras College had a total enrollment of 1,386 students in 2021. The full-time enrollment at Loras College is 1,266 students and the part-time enrollment is 120. This means that 91.3% of students enrolled at Loras College are enrolled full-time.

The enrolled student population at Loras College, both undergraduate and graduate, is 74.6% White, 10.1% Hispanic or Latino, 4.11% Black or African American, 2.6% Two or More Races, 1.37% Asian, and 0.144% American Indian or Alaska Native.

Students enrolled at Loras College in full-time Undergraduate programs are most commonly White Male (40.8%), followed by White Female (33.7%) and Hispanic or Latino Male (6.16%). Students enrolled in full-time Graduate programs are most commonly White Female (53.1%), followed by White Male (21%) and Hispanic or Latino Female (4.94%).

Full-Time vs Part-Time Enrollment

91.3%

Full-Time Enrollment

The total enrollment at Loras College in 2021, both undergraduate and graduate, is 1,386 students. The full-time enrollment at Loras College is 1,266 and the part-time enrollment is 120. This means that 91.3% of students enrolled at Loras College are enrolled full-time compared with 79.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

78%

2021 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 Loras College was 78%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Loras College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,034 enrolled students
Hispanic or Latino
140 enrolled students
Black or African American
57 enrolled students

The enrolled student population at Loras College is 74.6% White, 10.1% Hispanic or Latino, 4.11% Black or African American, 2.6% Two or More Races, 1.37% Asian, and 0.144% 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 Baccalaureate Colleges is 55% White, 13.5% Black or African American, and 13.4% Hispanic or Latino.

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, 70 students (5.05%) did not report their race.

Graduates

In 2021, 11 more women than men received degrees from Loras College. The most common race/ethnicity group of degree recipients at Loras College is white (328 degrees awarded). There were 11.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (28 degrees).

The most common Bachelor's Degree concentration at Loras College is General Psychology (29 degrees awarded), followed by General Business Administration & Management (27 degrees) and Kinesiology & Exercise Science (21 degrees).

In 2021, the most specialized majors across all degree types at Loras College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are PHILOSOPHY AND RELIGIOUS STUDIES. (12 degrees awarded), Parks, Recreation, & Leisure (32 degrees), and Language & Linguistics (13 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 Loras College are Elementary & middle school teachers (236,044 people), Lawyers, & judges, magistrates, & other judicial workers (186,082 people), Other managers (173,071 people), Postsecondary teachers (139,514 people), and Secondary school teachers (108,656 people).

The most specialized majors at Loras College in 2021 are PHILOSOPHY AND RELIGIOUS STUDIES. (12 degrees awarded), Parks, Recreation, & Leisure (32 degrees), Language & Linguistics (13 degrees), History (8 degrees), and Psychology (41 degrees) (as of 2021).

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 Loras College are Surgeons, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Cardiovascular technologists and technicians, and Physicians

The most specialized majors at Loras College are PHILOSOPHY AND RELIGIOUS STUDIES. (12 degrees awarded), Parks, Recreation, & Leisure (32 degrees), Language & Linguistics (13 degrees), History (8 degrees), and Psychology (41 degrees) (as of 2021).

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 Loras College are Elementary & secondary schools (614,354 people), Colleges, universities & professional schools, including junior colleges (332,688 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (270,039 people), Outpatient care centers (181,359 people), and Legal services (153,855 people).

Majors Awarded

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

Most Common (2021)

General Psychology
29 degree-majors awarded
General Business Administration & Management
27 degree-majors awarded
Kinesiology & Exercise Science
21 degree-majors awarded

In 2021, the most common bachelors degree concentration at Loras College was General Psychology with 29 degrees awarded.

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

Sex Breakdown for Common Majors

191

Degrees Awarded to Men

in 2021

202

Degrees Awarded to Women

in 2021

In 2021, 191 degrees were awarded to men at Loras College, which is 0.946 times less than the number of degrees awarded to females (202).

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

Most Common Male Majors

In 2021, 22 degrees were awarded to men at Loras College in General Business Administration & Management, which is 1.57 times more than the 14 female recipients with that same degree.

Most Common Female Majors

In 2021, 21 degrees were awarded to men at Loras College in General Psychology, which is 1.91 times more than the 11 male recipients with that same degree.

Time to Complete

59%

100% Completion Time

67%

150% Completion Time

In 2021, 59% of students graduating from Loras College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 67% 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.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Loras College is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 2.3% of graduates (6 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
328 degrees awarded
Hispanic or Latino
28 degrees awarded
Black or African American
10 degrees awarded

The most common race/ethnicity at Loras College is white (328 degrees awarded). There were 11.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (28 degrees).

2.54% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
179 degrees awarded
White Male
149 degrees awarded
Hispanic or Latino Male
20 degrees awarded

The most common race/ethnicity and sex grouping at Loras College is white female (179 degrees awarded). There were 1.2 times more white female recipients than the next closest race/ethnicity group, white male (149 degrees).

Operations

Loras College has an endowment valued at nearly $55.3M, as of the end of the 2021 fiscal year. The return on its endowment was of 9.68M (17.5%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Loras College had a total salary expenditure of 38.7M. Loras College employs 39 Associate professors, 30 Assistant professors and 28 Professors. Most academics at Loras College are Male Professor (20), Female Associate professor (20), and Male Associate professor (19).

The most common positions for non-instructional staff at Loras College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 52 employees, Service, with 41 employees, and Management with 31 employees.

Endowment

$55.3M

2021 Endowment

29.4%

growth from 2020

Loras College has an endowment valued at about $55.3M, as of the end of the 2021 fiscal year. The endowment of Loras College grew 29.4% from the previous year. The value of their endowment was $2.92M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Loras 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.

Government Grants and Contracts

Grants & Contracts

$3.67M - Federal
$59.8k - State
$95.9k - Local

As of 2021, Loras College received $3.67M in grants and contracts from the federal government, $59.8k from state grants and contracts, and $95.9k from local grants and contracts.

Salary Expenditure

$17.2M

2021 Salaries

1.06%

decline from 2020

In 2021, Loras College paid a median of $17.2M in salaries, which represents 44.5% of their overall expenditure ($38.7M) and a 1.06% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Instructional Salaries

$5.94M

Instructional Salaries

Number of Employees

In 2021, Loras College paid a total of $5.94M to 98 employees working as instructors, which represents 34.5% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

39 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

52 Employees

In 2021, the most common positions for instructional staff at Loras College were Associate professor with 39 employees, Assistant professor with 30 employees, and Professor with 28 employees.

In 2021, the most common positions for non-instructional staff at Loras College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 52 employees, Service with 41 employees, and Management with 31 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Associate professor
Male Associate professor

In 2021, the most common demographic for instructional staff at Loras College was Male Professor with 20 employees, Female Associate professor with 20 employees, and Male Associate professor with 19 employees.

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