Erie Institute of Technology Inc

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2022 Undergraduate Tuition
$12,285
2022 Average Net Price
$15,772
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Enrolled Students
136
100% Full-Time
2022 Graduation Rate
70.2%
66 Graduates

About

Erie Institute of Technology Inc is a higher education institution located in Erie County, PA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Erie Institute of Technology Inc were Manufacturing Engineering Technology (83 degrees awarded), Electrical, Electronic, & Communications Engineering Technology (36 degrees), and General Computer & Information Sciences (2 degrees).

In 2022, 176 degrees were awarded across all undergraduate and graduate programs at Erie Institute of Technology Inc. 8.52% of these degrees were awarded to women, and 91.5% awarded men. The most common race/ethnicity group of degree recipients was white (147 degrees), 9.19 times more than then the next closest race/ethnicity group, black or african american (16 degrees).

The median undergraduate tuition at Erie Institute of Technology Inc is $12,285, which is $−2,656 less than the national average for Special Focus Institutions ($14,942).

In 2020 the default rate for borrower's at Erie Institute of Technology Inc was 0%, corresponding to 0 out of the 122 total borrowers.

Costs

In 2022, the median undergraduate tuition at Erie Institute of Technology Inc is $12,285, which is $2,657 less than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $15,772.

In 2022, 95% of undergraduate students attending Erie Institute of Technology Inc received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

Tuition Costs

$12,285
2022 Undergraduate Tuition

In 2022, the cost of tuition at Erie Institute of Technology Inc was $12,285. The cost of tuition at Erie Institute of Technology Inc is $−2,657 less than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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Average Net Price

$15,772
2022 Value
0.446%
1 Year Growth

In 2022 Erie Institute of Technology Inc had an average net price — the price paid after factoring in grants and loans — of $15,772. Between 2021 and 2022, the average net price of Erie Institute of Technology Inc grew by 0.446%.

This chart compares the average net price of Erie Institute of Technology Inc (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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Other Student Expenses

$8,550
Room and Board
$2,405
Books and Supplies

The average yearly cost of room and board at Erie Institute of Technology Inc was of $8,550 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $2,405. The cost of books and supplies increased by 6.79% during the same period.

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Financial Aid by Income Level

95%
Undergraduates Receiving Financial Aid through Grants
60%
Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Erie Institute of Technology Inc received financial aid through grants or loans in 2022. This represents a growth of 4.4% with respect to 2021, when 91% of undergraduate students received financial aid.

This chart compares the average award discount at Erie Institute of Technology Inc (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.

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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Erie Institute of Technology Inc was 0%, which represents 0 out of the 122 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.

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Enrollment

Erie Institute of Technology Inc had a total enrollment of 136 students in 2022. The full-time enrollment at Erie Institute of Technology Inc is 136 students and the part-time enrollment is 0. This means that 100% of students enrolled at Erie Institute of Technology Inc are enrolled full-time.

The enrolled student population at Erie Institute of Technology Inc, both undergraduate and graduate, is 90.4% White, 6.62% Black or African American, 2.21% Asian, and 0.735% Hispanic or Latino.

Students enrolled at Erie Institute of Technology Inc in full-time Undergraduate programs are most commonly White Male (78.7%), followed by White Female (11.8%) and Black or African American Male (4.41%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Erie Institute of Technology Inc in 2022, both undergraduate and graduate, is 136 students. The full-time enrollment at Erie Institute of Technology Inc is 136 and the part-time enrollment is 0. This means that 100% of students enrolled at Erie Institute of Technology Inc are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Erie Institute of Technology Inc (in red) compares to similar universities.

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Retention Rate over Time

66%
2022 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 Erie Institute of Technology Inc was 66%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Erie Institute of Technology Inc had a retention rate lower than its peers.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    123 enrolled students
  2. Black or African American
    9 enrolled students
  3. Asian
    3 enrolled students

The enrolled student population at Erie Institute of Technology Inc is 90.4% White, 6.62% Black or African American, 2.21% Asian, and 0.735% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% Black or African American.

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Graduates

In 2022, 146 fewer women than men received degrees from Erie Institute of Technology Inc. The most common race/ethnicity group of degree recipients at Erie Institute of Technology Inc is white (147 degrees awarded). There were 9.19 times more white recipients than the next closest race/ethnicity group, black or african american (16 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Erie Institute of Technology Inc is Manufacturing Engineering Technology (83 degrees awarded), followed by Electrical, Electronic, & Communications Engineering Technology (36 degrees) and General Computer & Information Sciences (2 degrees).

In 2022,  the most specialized majors across all degree types at Erie Institute of Technology Inc, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (129 degrees awarded), Computer and Information Sciences and Support Services (39 degrees), and Health (8 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 Erie Institute of Technology Inc are Registered nurses (1,404,585 people), Software developers (568,319 people), Other managers (186,846 people), Medical & health services managers (156,977 people), and Nurse practitioners & nurse midwives (141,491 people).

The most specialized majors at Erie Institute of Technology Inc in 2022 are Engineering Technologies (129 degrees awarded), Computer and Information Sciences and Support Services (39 degrees), and Health (8 degrees) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Erie Institute of Technology Inc are Cardiovascular technologists and technicians, Surgeons, Physicians, Architectural & engineering managers, and Physician assistants

The most specialized majors at Erie Institute of Technology Inc are Engineering Technologies (129 degrees awarded), Computer and Information Sciences and Support Services (39 degrees), and Health (8 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Erie Institute of Technology Inc are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,543,036 people), Computer Systems Design (610,819 people), Elementary & secondary schools (284,339 people), Outpatient care centers (249,989 people), and Colleges, universities & professional schools, including junior colleges (218,935 people).

The most specialized majors at Erie Institute of Technology Inc are Engineering Technologies (129 degrees awarded), Computer and Information Sciences and Support Services (39 degrees), and Health (8 degrees) (as of 2022).

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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 Erie Institute of Technology Inc.

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Erie Institute of Technology Inc was Manufacturing Engineering Technology with 83 degrees awarded.

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

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Sex Breakdown for Common Majors

161
Degrees Awarded to Men
in 2022
15
Degrees Awarded to Women
in 2022

In 2022, 161 degrees were awarded to men at Erie Institute of Technology Inc, which is 10.7 times more than the number of degrees awarded to females (15).

This chart displays the sex disparity between the top 5 majors at Erie Institute of Technology Inc by degrees awarded.

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Most Common Male Majors

In 2022, 82 degrees were awarded to men at Erie Institute of Technology Inc in Manufacturing Engineering Technology, which is 82 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2022, 6 degrees were awarded to men at Erie Institute of Technology Inc in General Computer & Information Sciences, which is 0.182 times less than the 33 male recipients with that same degree.

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Time to Complete

83%
100% Completion Time
83%
150% Completion Time

In 2022, 83% of students graduating from Erie Institute of Technology Inc completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 83% completed their degrees within 150% of the normal time, and 83% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Erie Institute of Technology Inc is Male and Asian (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    147 degrees awarded
  2. Black or African American
    16 degrees awarded
  3. Asian
    10 degrees awarded

The most common race/ethnicity at Erie Institute of Technology Inc is white (147 degrees awarded). There were 9.19 times more white recipients than the next closest race/ethnicity group, black or african american (16 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    138 degrees awarded
  2. Black or African American Male
    13 degrees awarded
  3. Asian Male
    9 degrees awarded

The most common race/ethnicity and sex grouping at Erie Institute of Technology Inc is white male (138 degrees awarded). There were 10.6 times more white male recipients than the next closest race/ethnicity group, black or african american male (13 degrees).

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Operations

Erie Institute of Technology Inc employs 17 Instructors. Most academics at Erie Institute of Technology Inc are Male Instructor (13), and Female Instructor (4).

The most common positions for non-instructional staff at Erie Institute of Technology Inc are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 5 employees, Management, with 3 employees, and Office and Administrative Support with 2 employees.

Government Grants and Contracts

Grants & Contracts
  1. $2.4M - Federal
  2. $338k - State
  3. $15.3k - Local

As of 2022, Erie Institute of Technology Inc received $2.4M in grants and contracts from the federal government, $338k from state grants and contracts, and $15.3k from local grants and contracts.

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Salary Expenditure

$1.96M
2022 Salaries
22.9%
growth from 2021

In 2022, Erie Institute of Technology Inc paid a median of $1.96M in salaries, a 22.9% growth from the previous year. This is compared to a 1.91% decline between 2020 and 2021, and a 2.27% growth between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Instructional Salaries

$844k
Instructional Salaries
17
Number of Employees

In 2022, Erie Institute of Technology Inc paid a total of $844k to 17 employees working as instructors, which represents 43.1% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

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Occupations by Share

Instructor
Most Common Instructor
17 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
5 Employees

In 2022, the most common positions for instructional staff at Erie Institute of Technology Inc was Instructor with 17 employees.

In 2022, the most common positions for non-instructional staff at Erie Institute of Technology Inc were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 5 employees, Management with 3 employees, and Office and Administrative Support with 2 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Instructor
  2. Female Instructor

In 2022, the most common demographic for instructional staff at Erie Institute of Technology Inc was Male Instructor with 13 employees, and Female Instructor with 4 employees.

This chart shows the sex split between each academic rank present at Erie Institute of Technology Inc.

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