Lake Area Technical College
Watertown, SD 57201-0730
About Lake Area Technical College
Lake Area Technical College is a public community college in Watertown, South Dakota, enrolling about 1,812 students. The college offers associate degrees, career certificates, and transfer pathways to four-year universities. Typical net price after grant aid is about $15,979 for students who receive it, compared with published tuition near $6,718. Student demographics in federal data include White (88.0%) and Race/ethnicity unknown (3.1%) among the largest enrollment groups.
Key findings
- Lake Area Technical College charges 22% above the national public median tuition ($6,718).
- Versus the South Dakota median, sticker tuition is 24% below.
- Completion within 150% of normal time is 73.09%.
- Median earnings 10 years after entry are $45,473.
Research findings
Finding
Modeled return on investment at Lake Area Technical College is strong.
Estimated ROI reaches about 611% using Scorecard cost and 10-year earnings fields in this extract.
Interpretation: On this institution-wide model, typical graduate earnings over a decade substantially exceed estimated net education cost.
Limitation: ROI is institution-wide and not program-specific; individual outcomes vary by major, aid package, and labor market.
Cost benchmarks
| Benchmark | Median Tuition | Median Net Price | Count |
|---|---|---|---|
| Lake Area Technical College | $6,718 | $15,979 | 1 |
| Public (national median) | $5,512 | — | 1,688 |
| South Dakota (state median) | $8,845 | $15,911 | 19 |
| Town (locale median) | $9,600 | $14,971 | 1,517 |
| United States (national median) | $11,900 | $17,156 | — |
Compares this campus to school-type, state, and locale medians plus a U.S. national median (College Scorecard–derived). Locale groups campuses by NCES locale type; state tuition is the median published tuition among campuses in that state.
How expensive is Lake Area Technical College really?
Key findings
- Lake Area Technical College charges 22% above the national public median tuition ($6,718).
- Versus the South Dakota median, sticker tuition is 24% below.
Lake Area Technical College tuition
Published undergraduate tuition $6,718
Finding Lake Area Technical College charges 22% above the national public median tuition.
Evidence Published tuition is $6,718. That is 22% above the national public median ($5,512). Versus the South Dakota median ($8,845), sticker tuition is 24% below. Versus the U.S. median ($11,900), sticker is about 0.6×.
Method Sticker tuition compared with Scorecard-derived medians by ownership, state, locale, and national rollups when available.
Interpretation Published tuition measures sticker price relative to public and geographic peers; it does not equal what undergraduates typically pay after aid.
Limitation Sticker comparisons omit room, board, and institutional aid; average net price and income-band net prices are the stronger signals of typical family cost.
Evidence: published tuition at Lake Area Technical College versus school-type, state, locale, and U.S. medians.
Evidence: average net price at Lake Area Technical College versus state, locale, and U.S. medians.
What undergraduates typically pay
Finding Average net price at Lake Area Technical College is $15,979.
Evidence College Scorecard average net price is $15,979 (cost of attendance minus average grant aid for aided undergraduates). That is about $68 above the South Dakota median net price. Versus town campuses, net price runs $1,008 above the locale median.
Method Average net price from College Scorecard; compared with state, locale, and U.S. medians from EDsmart aggregates.
Interpretation Average net price is a stronger institutional cost signal than published tuition because it incorporates grant aid.
Limitation The campus average masks large differences by household income; income-band net prices can diverge sharply from the overall average.
Key takeaway At Lake Area Technical College, average net price exceeds published tuition alone because net price uses a fuller cost-of-attendance base.
Lake Area Technical College: research record
Canonical EDsmart Data findings for Lake Area Technical College—costs, outcomes, admissions, and programs—with evidence and methodology notes.
Research findings
Interpretation
The combination of completion and 10-year earnings is a multidimensional outcomes signal; it does not measure educational quality by itself.
Financial profile
Annual tuition
$6,718
Avg. net price
$15,979
Net price by family income
| Income bracket | Avg. annual net price |
|---|---|
| $0–$30,000 | $11,193 |
| $30,001–$48,000 | $12,971 |
| $48,001–$75,000 | $14,129 |
| $75,001–$110,000 | $18,118 |
| $110,001+ | $18,230 |
Sticker tuition × four years (estimate, no room/board): $26,872. See cost investigation.
Student outcomes
Share of first-year students returning the following fall.
Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.
What Lake Area Technical College is known for
Top program completions
- Licensed Practical/Vocational Nurse Training94
- Diesel Mechanics Technology/Technician92
- Agricultural Business and Management, General87
- Marketing/Marketing Management, General66
- Welding Technology/Welder55
See earnings & programs for more.
Is Lake Area Technical College a good school?
Data-framed fit—not a prestige rating.
Lake Area Technical College is a good school for those looking for strong completion alongside solid mid-career earnings.
EDsmart Data does not assign an opinion score; this framing summarizes the strongest Scorecard signals for this campus.
More from the data
Location, control, enrollment, and aid context for Lake Area Technical College.
Campus
Location
Watertown, SD
City / state
- ZIP
- 57201-0730
- NCES locale
- Town remote
Compared with Town campuses nationally, net price is 7% above the median for Town campuses ($14,971 median).
Control
Institution type
Public
Control
- Region
- Plains
- Carnegie
- Associate's Colleges: High Vocational & Technical-High Traditional
Size
Enrollment
1,812
Total enrollment
- Undergraduate
- 2,905
- Full-time share
- 81%
Student aid
Debt & aid
$12,000
Median federal loan debt
- Pell grant share
- 27.49%
Total Cost, Aid & Default
Total Cost of Attendance
Tuition vs average net price after aid for Lake Area Technical College.
Financial Aid by Income Level
Financial aid distribution by income level.
Student Loan Default Rate
The published 3-year cohort default rate for borrowers at Lake Area Technical College was 0.00%.
Cohort default rates account for borrowers who default in the first three years.
Tuition tracker
Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Lake Area Technical College in that year.
Reporting years in the table below: 2013–2023 (Scorecard labels refer to the institutional submission cycle).
| Year | In-state tuition & fees | Out-of-state tuition & fees | Average net price |
|---|---|---|---|
| 2013 | $4,850 | $4,850 | $12,436 |
| 2014 | $4,930 | $4,930 | $11,403 |
| 2015 | $5,056 | $5,056 | $11,934 |
| 2016 | $5,076 | $5,076 | $12,441 |
| 2017 | $5,264 | $5,264 | $12,394 |
| 2018 | $5,332 | $5,332 | $12,437 |
| 2019 | $5,514 | $5,514 | $12,939 |
| 2020 | $6,862 | $6,862 | $13,301 |
| 2021 | $6,718 | $6,718 | $14,595 |
| 2022 | $6,718 | $6,718 | $14,454 |
| 2023 | $6,718 | $6,718 | $14,826 |
Sticker tuition and net price over time
Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.
College Scorecard reporting-year fields (not inflation-adjusted).
Net price by family income
Brackets follow Scorecard definitions for the series shown (public vs private institution).
Latest income-band net prices available in the processed extract.
How difficult is it to get in?
Acceptance Rate
Acceptance rate data is not available for this institution.
Admissions funnel data is not available for this institution.
Test Scores
Test score data is not available for this institution.
Score distribution is not available for this institution.
Academic Requirements
GPA requirements are not published by this institution. Contact the admissions office for specific academic requirements.
Estimated GPA range is not available for this institution.
Enrollment & Student Demographics
Lake Area Technical College reported total enrollment of about 1,812 students in the latest College Scorecard extract. The student body is about 53% male and 47% female. Enrollment by race and ethnicity includes White (88.0%), Race/ethnicity unknown (3.1%), and Hispanic or Latino (2.8%). About 27.49% of undergraduates receive Pell Grants. Roughly 28.7% of students are first-generation college students.
Full-Time vs Part-Time Enrollment
80.6% Full-Time Enrollment
The total enrollment at Lake Area Technical College in 2024 is 1,812 students.
Undergraduate enrollment is about 2,905 students.
Full-time vs part-time enrollment comparison.
Retention Rate over Time
81.3%
2024 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.
Retention rate over time compared to similar institutions.
Enrollment by Race & Ethnicity
Largest share of total enrollment in our College Scorecard extract.
College Scorecard student demographics (total enrollment shares).
Do students complete their programs?
Time to Complete
66.01% 100% Completion Time
73.09% 150% Completion Time
In 2024, 66.01% of students graduating from Lake Area Technical College completed their program within 100% "normal time".
Completion rates over time compared to similar institutions.
Completions by Sex (Top Programs)
- Licensed Practical/Vocational Nurse Training: 10% male / 90% female
- Diesel Mechanics Technology/Technician: 97% male / 3% female
- Agricultural Business and Management, General: 72% male / 28% female
IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).
Completions by Race & Ethnicity
Largest group by summed IPEDS award counts across reported programs.
Summed across program completion records in our extract.
Lake Area Technical College graduates earn a median of $45,473 ten years after entry
Finding Earnings, debt, and program mix define the financial profile of Lake Area Technical College.
Evidence Median earnings 10 years after entry: $45,473. Median federal loan debt: $12,000. Average net price used in cost models: $15,979.
Method College Scorecard median earnings (10-year), median debt, and EDsmart ROI / payback models using campus net price.
Interpretation Institution-wide ROI and debt ratios summarize campus averages; program choice still drives individual outcomes.
Limitation Salary reflects median earnings ten years after entry; ROI is not program-specific.
Key takeaway Lake Area Technical College graduates report median earnings of $45,473 ten years after entry—an institution-wide outcomes signal, not a program guarantee.
Return on Investment
Debt and 4-year net cost vs. cumulative 10-year median earnings for Lake Area Technical College.
Top Programs by Completions
Largest 10 programs by IPEDS completions (31 reported codes; aggregate/unknown CIP buckets excluded).
IPEDS award counts for the largest programs at Lake Area Technical College.
Employment Outcomes
Median earnings 6, 8, and 10 years after entry for Lake Area Technical College graduates.
How financially powerful is this institution?
Finding: federal finance and Scorecard instructional fields for Lake Area Technical College—endowment assets (fiscal year 2023), instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.
Institutional endowment
$25.4M
End-of-year assets · Fiscal year 2023
- South Dakota median 0.75× the median ($34M)
- Plains median 1.1× the median ($24.1M)
- U.S. median near the median ($26.4M)
- South Dakota median 0.50× the median ($25,074)
- Plains median 0.83× the median ($15,020)
- U.S. median near the median ($12,100)
Instructional Resources
- Full-time faculty share: 79.4%
- South Dakota median 13.8 pp above median (65.7%)
- Plains median 14.7 pp above median (64.7%)
- U.S. median 21.5 pp above median (58.0%)
- Average faculty salary (monthly): $7,792
- South Dakota median 1.1× the median ($7,234)
- Plains median 1.1× the median ($7,194)
- U.S. median near the median ($7,615)
- Instructional expenditure per FTE: $11,996
- South Dakota median 1.6× the median ($7,480)
- Plains median 1.5× the median ($8,150)
- U.S. median 1.6× the median ($7,288)
Instructional metrics from College Scorecard. Peer medians are campus-level; see the institutional financials deep dive. Detailed non-instructional staff counts are not included here.
Lake Area Technical College at a glance
Lake Area Technical College
Lake Area Technical College is a public institution in Watertown, SD, classified as Associate's Colleges: High Vocational & Technical-High Traditional.
- Largest programs (IPEDS awards)
- Licensed Practical/Vocational Nurse TrainingDiesel Mechanics Technology/TechnicianAgricultural Business and Management, General
- Largest enrollment groups
- White or Caucasian88.0%Race/ethnicity unknown3.1%Hispanic or Latino2.8%
Schools near Lake Area Technical College
Other campuses in Watertown, SD when available, plus nearby institutions in South Dakota.
Similar schools
Peers matched by the same EDsmart outcomes grade (Grade B) within South Dakota, then by similar ownership and admissions.
Frequently Asked Questions
Where is Lake Area Technical College located?
Lake Area Technical College is located in Watertown, SD.
What is Lake Area Technical College's tuition?
Lake Area Technical College tuition (published undergraduate sticker price) is $6,718 in the latest College Scorecard data. Average net price after grant aid is $15,979 for undergraduates receiving Title IV aid.
How much does Lake Area Technical College cost?
Reported tuition is $6,718 and average net price is $15,979 in the latest College Scorecard data. On-campus room and board is estimated at $9,000 annually.
What explains Lake Area Technical College's return on investment in EDsmart Data?
EDsmart Data models ROI using campus average net price ($15,979), completion (73.1% within 150% of normal time where reported), and median earnings ten years after entry ($45,473). High completion and strong mid-career earnings relative to net cost raise modeled ROI; the estimate is institution-wide and not program-specific. Debt-to-earnings ratios, when available, further contextualize borrowing pressure. Limitations include suppressed fields, program mix, and labor-market variation over time.
What is the student body demographics at Lake Area Technical College?
Lake Area Technical College reports undergraduate enrollment of about 2,905 students, White (88.0%), Race/ethnicity unknown (3.1%) in federal College Scorecard data.
How many first-generation students attend Lake Area Technical College?
About 28.7% of students at Lake Area Technical College are first-generation college students.
What do graduates of Lake Area Technical College earn?
Median earnings are $43,659 six years after entry and $45,473 ten years after entry.
What is the graduation rate at Lake Area Technical College?
The 150%-time completion rate is 73.1% for the cohort reported to the College Scorecard.
How much debt do Lake Area Technical College students have?
Median federal loan debt among completers is $12,000.
Is Lake Area Technical College public or private?
Lake Area Technical College is a public institution located in Watertown, SD.
Is Lake Area Technical College an HBCU?
No. Lake Area Technical College is not flagged as an HBCU in the IPEDS institutional directory.
Is Lake Area Technical College a tribal college?
No. Lake Area Technical College is not flagged as a tribal college in IPEDS.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
- Related geography & profiles
Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.
Last Updated: Data reflects the most recent available information as of January 2025.
Methodology & Data Scope
This profile uses institution-level fields from the U.S. Department of Education College Scorecard, merged with IPEDS directory attributes where needed for locale, ownership, and program completions.
Benchmark rows compare this campus to NCES locale-type medians (for example Suburban) from our processed location extract. Implied U.S. medians are derived from locale-vs-national percentage fields in that extract—not a separate national Scorecard table.