Lakes Region Community College

What Lakes Region Community College does

Lakes Region Community College (LRCC) is a public two-year institution headquartered at 379 Belmont Rd in Laconia, New Hampshire, and has operated since 1967 (originally as the New Hampshire Vocational Institute). It is part of the Community College System of New Hampshire (CCSNH) and is led by President Patrick Cate. LRCC serves the Lakes Region with 80+ associate degree and certificate programs across arts, business, health sciences, hospitality, industry, social sciences, and STEM, alongside workforce development training, early college dual enrollment, non-credit Summer Enrichment classes, student housing (Apple Ridge Apartments), and a student-run teaching restaurant (Community Table).

The college's technology stack is built on shared CCSNH infrastructure: Canvas LMS for course delivery, an SIS for enrollment and academic records, Okta MFA, TargetX for admissions, Navigate for student success, EBSCOhost and ProQuest for library research, College Central Network for career services, and the BKSTR virtual bookstore. Pricing is anchored at $263 per in-state credit — advertised as the lowest per-credit tuition in New Hampshire — with Early College high school students receiving a 50% discount at $115/credit. Apple Ridge housing is billed by semester at $4,360-$5,887 depending on room type, and non-credit Summer Enrichment classes range from $69 to $299.

LRCC's go-to-market is event-driven and direct-to-consumer: $0 application fee, open houses, campus tours, and a dual enrollment pipeline embedded in 16 regional high schools. Revenue mechanics span tuition and fees (primary), housing, financial aid administration (over $2M annually in federal Pell, SEOG, loans, work-study, and scholarships), customized workforce training contracts (including a $1.2M TREC state grant for energy-efficiency training), and ancillary services such as the Community Table restaurant. The customer base is dominated by recent high school graduates (73% age 24 and under), adult learners, veterans, and local employers seeking workforce credentials.

Name

Lakes Region Community College

Legal name

Lakes Region Community College

Website

https://lrcc.edu

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Lakes Region Community College is a public two-year institution in Laconia, New Hampshire, operating within CCSNH. It serves the Lakes Region with 80+ associate degree, certificate, workforce training, and early college programs at the state's lowest per-credit tuition.

Ownership category

akta.pro rank

Product category

Higher Education / Community College

NAICS

Junior Colleges (6112), Junior Colleges (61121)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Comprehensive Community Colleges (Transfer + Workforce) (EDAHADAE)

akta.pro secondary industry

Dual Enrollment / Early College Programs (via Community Colleges) (EDAHADAH)

Keywords

• Community college education
• Associate degree programs
• Workforce development training
• Dual enrollment programs
• Vocational certificate programs

Headquarters

HQ city

Laconia

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Tuition and Fees: Primary revenue stream from tuition charged per credit. In-state tuition is $263 per credit. Additional fees include program-specific fees, activity fees, and technology fees. Full-time students pay approximately $2,856 per semester in tuition plus $218 in fees.
2. Student Housing: Apple Ridge Student Apartments provide on-campus housing. Semester rates range from $4,360 to $5,887 depending on room type and program. Additional fees include $75 activity fee and $50 cleaning fee per semester.
3. Financial Aid Administration: Federal and state financial aid flows through the institution including Pell Grants, SEOG, federal loans, and work-study. Total awarded in financial aid and scholarships exceeds $2M annually.
4. Workforce Development Training: Customized training programs for businesses and industry. Programs include Building Operator Certificate, Medical Assistant, Building Science Principles, CNC Basics, and weatherization training. Revenue from employer-sponsored and individually-funded workforce training.
5. Culinary Arts Dining Services: The Community Table restaurant operated by culinary students provides lunch service. Priced at $15-18 per person, revenue supports program operations while providing practical training experience.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Lakes Region Community College delivers public two-year higher education in New Hampshire, offering 80+ associate degree and certificate programs, workforce development training, dual-enrollment Early College courses for high school students, and non-credit Summer Enrichment classes. Core programs span Liberal Arts, Nursing, Fire Science, Business Management, Automotive Technologies, Culinary Arts, Electrical Systems, Computer Information Systems, and Early Childhood Education. Supporting services include on-campus housing (Apple Ridge Apartments), the Community Table student-run restaurant, and administration of federal and state financial aid exceeding $2 million annually.

Product overview

Lakes Region Community College offers a comprehensive portfolio of educational products and services centered around its 30+ associate degree and certificate programs across academic and vocational disciplines. The core academic offerings include degree programs in fields such as Liberal Arts, Fire Science, Nursing, Business, Automotive Technology, Culinary Arts, Electrical Systems, and Computer Information Systems, alongside certificate programs for specialized vocational training. Workforce Development Training provides industry-recognized certifications including Building Operator Certificate, Medical Assistant, and CNC training. Early College Programs enable high school students to earn college credit through multiple delivery modes. Summer Enrichment Series offers 25+ non-credit recreational classes. Student support services include Apple Ridge Student Apartments for housing and the Community Table restaurant for culinary student training.

Differentiator

Problem solved

Functional benefit

Products and services

• Associate Degree Programs Two-year associate degree programs across 30+ fields including Liberal Arts, Fire Science, Nursing, Business Management, Automotive Technologies, Culinary Arts, Electrical Systems, Accounting, Early Childhood Education, and Computer Information Systems. Delivered in-person, online, and hybrid formats; most programs require 60-70 credits at $263/credit in-state tuition. Designed for recent high school graduates, adult learners, and transfer-bound students.
• Certificate Programs Short-term vocational and professional certificate programs in fields such as Automated Manufacturing, Automotive (GM ASEP, Toyota T-TEN), CIS Technologist, Electrical Power and Control, Fire Science, Graphic Design, Licensed Nursing Assistant, Marine Maintenance, Paramedic, Pastry Arts, Programming, and Social Work. Designed for career-focused learners seeking industry-recognized credentials.
• Workforce Development Training Customized and short-term training programs for individuals and businesses, including Building Operator Certificate (BOC I/II), Building Analyst Professional, Building Science Principles, CNC Basics, Medical Assistant, Weatherization Installer Fundamentals, Peer Support, and apprenticeship-aligned tracks. Delivered on campus or at employer locations to address regional workforce skills gaps.
• Early College Programs Dual-enrollment programs enabling high school students to earn college credit through on-campus, online, or at-high-school course options at $115/credit (50% tuition discount). Courses taught by credentialed high school teachers using college curriculum. The Early College at Your High School option is offered at low or no cost via scholarship and state funding.
• Summer Enrichment Series Non-credit recreational and personal-development classes for all ages covering pottery, cooking, photography, AI productivity, financial planning, grant writing, fitness, and creative arts. Pricing ranges from $69 to $299 per class with examples such as Beginner Pottery Wheel ($299), Wine 101 ($139), and 3D Printing Essentials ($99).
• Student Housing (Apple Ridge Student Apartments) Fully furnished one-, two-, and three-bedroom apartment housing located one mile from campus. Semester rates range from $4,360 (double room, GM ASEP/Toyota TTEN) to $5,887 (single room), plus $75 activity fee and $50 cleaning fee per semester. Includes laundry facilities, kitchens, and balconies.
• Community Table Restaurant Student-run restaurant offering French regional menus for lunch service to the public. Operated by Culinary Arts and Pastry Arts students as a practical-training venue, priced at $15-$18 per person with reservations via OpenTable.

Quantifiable outcome

• 75% full-time student retention rate
• +3 more outcomes

Named customers11 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability2 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Plymouth State UniversitycoreStrategic or Co-development PartnerNH Transfer Guarantee partner. Students earning an associate degree from LRCC with required GPA are guaranteed admission. Application fee and essay waived. Eligible for institutional grants and scholarships.
• Colby-Sawyer CollegecoreStrategic or Co-development PartnerNH Transfer Guarantee partner enabling seamless transfer for LRCC associate degree graduates.
• Franklin Pierce UniversitycoreStrategic or Co-development PartnerNH Transfer Guarantee partner offering guaranteed admission and scholarship consideration for LRCC transfer students.
• Keene State CollegecoreStrategic or Co-development PartnerNH Transfer Guarantee partner providing streamlined transfer pathway for LRCC graduates.
• New England CollegecoreStrategic or Co-development PartnerNH Transfer Guarantee partner accepting LRCC associate degree graduates with guaranteed admission.
• Unity Environmental UniversityminorStrategic or Co-development PartnerApplied Bachelor of Science pathway. LRCC graduates can transfer 60 credits and complete remaining 30 credits for 90-credit ABS degree.
• UNH College of Professional StudiescoreStrategic or Co-development PartnerRN to BSN pathway for LRCC nursing graduates. Online program at same cost per credit as community college. Includes UNH CPS online courses and field-based capstone practicum.
• Granite EdvancecoreStrategic or Co-development PartnerFree resource partnership helping students navigate financial aid process and complete FAFSA applications. Provides in-person and virtual meetings.
• College Central NetworkcoreTechnology or IntegrationOnline career services management system providing job board access for students, alumni, and employers. All services available 24/7, free to users.
• ApprenticeshipNHminorStrategic or Co-development PartnerState apprenticeship program partnership connecting workforce training participants with registered apprenticeship opportunities.
• Local EmployerscoreStrategic or Co-development PartnerDirect partnerships with regional employers to create customized training programs that address specific workforce skills gaps. Employers provide input on curriculum and job placement opportunities.

Scale indicators10 records

Recent moves3 records

Expansion highlights5 records

Direct peers

• NHTI – Concord's Community College: Another CCSNH community college offering associate degrees, certificates, and transfer pathways. Directly comparable as a system peer with overlapping program mix and shared administrative infrastructure (TargetX, Canvas LMS, shared portal).
• Manchester Community College: CCSNH peer institution serving the Manchester, NH market with associate degrees, workforce training, and transfer partnerships. Most direct comparable in terms of scale, program breadth, and urban-adjacent service area.
• Nashua Community College: CCSNH community college in southern NH offering similar associate degree, certificate, and workforce programs. Comparable business model, pricing, and transfer pathway structure.
• Great Bay Community College: CCSNH peer offering associate degrees, technical certificates, and workforce training along NH's seacoast. Directly comparable in program mix and target student segments (recent high school grads and adult learners).
• River Valley Community College: CCSNH peer institution with a similar rural/regional service profile, associate degree and certificate offerings, and workforce training partnerships. Closest geographic and demographic comparable to LRCC.
• White Mountains Community College: CCSNH peer in northern NH offering associate degrees, certificates, and workforce training. Comparable rural service area, small campus footprint, and reliance on dual enrollment with regional high schools.

Broad incumbents

• Southern New Hampshire University: Large, well-known NH-based institution offering associate, bachelor's, and graduate programs with significant online presence. Competes for the same adult-learner and transfer-student segments but at much larger scale and broader portfolio.

Regional players

• Vermont State University (formerly Community College of Vermont): Formerly the Community College of Vermont, now part of Vermont State University, offering associate degrees and workforce training across Vermont. Comparable community college mission and rural service model in an adjacent New England state.
• Northern Essex Community College: Massachusetts community college serving the Merrimack Valley with associate degrees, transfer pathways, and workforce training. Comparable in size and program mix, operating just across the NH border.

Emerging players

• Granite State College: New Hampshire public college focused on adult learners, online delivery, and workforce-aligned credentials. Overlaps with LRCC on adult-learner and career-changer segments, with a more flexible/online delivery model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC6J80lWQMylsCmpuMPucE8Q
• Facebookfacebook.com/193105639277
• LinkedInlinkedin.com/school/lakes-region-community-college/about
• Instagraminstagram.com/lakesregioncc

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lakes Region Community College