First Institute of Travel, Inc.

www.firstinstitute.edu

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2022 Average Net Price

$19,125

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

274

100% Full-Time

About

First Institute of Travel, Inc. is a higher education institution located in McHenry County, IL. In 2019, the most popular < 1 Year Postsecondary Certificate concentrations at First Institute of Travel, Inc. were Medical Assistant (115 degrees awarded), Dental Assisting (39 degrees), and Massage Therapy (10 degrees).

In 2022, 162 degrees were awarded across all undergraduate and graduate programs at First Institute of Travel, Inc.. 91.4% of these degrees were awarded to women, and 8.64% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (87 degrees), 1.43 times more than then the next closest race/ethnicity group, white (61 degrees).

In 2020 the default rate for borrower's at First Institute of Travel, Inc. was 0%, corresponding to 0 out of the 152 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $19,125.

In 2022, 58% of undergraduate students attending First Institute of Travel, Inc. received financial aid through grants. Comparatively, 61% of undergraduate students received financial aid through loans.

Average Net Price

$19,125

2022 Value

8.66%

1 Year Growth

In 2022 First Institute of Travel, Inc. had an average net price — the price paid after factoring in grants and loans — of $19,125. Between 2021 and 2022, the average net price of First Institute of Travel, Inc. grew by 8.66%.

This chart compares the average net price of First Institute of Travel, 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.

Financial Aid by Income Level

58%

Undergraduates Receiving Financial Aid through Grants

61%

Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at First Institute of Travel, Inc. received financial aid through grants or loans in 2022. This represents a growth of 7.41% with respect to 2021, when 54% of undergraduate students received financial aid.

This chart compares the average award discount at First Institute of Travel, 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.

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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at First Institute of Travel, Inc. was 0%, which represents 0 out of the 152 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.

Enrollment

First Institute of Travel, Inc. had a total enrollment of 274 students in 2022. The full-time enrollment at First Institute of Travel, Inc. is 274 students and the part-time enrollment is 0. This means that 100% of students enrolled at First Institute of Travel, Inc. are enrolled full-time.

The enrolled student population at First Institute of Travel, Inc., both undergraduate and graduate, is 58.4% Hispanic or Latino, 26.6% White, 10.2% Black or African American, 2.92% Asian, and 0.73% American Indian or Alaska Native.

Students enrolled at First Institute of Travel, Inc. in full-time Undergraduate programs are most commonly Hispanic or Latino Female (55.1%), followed by White Female (23.7%) and Black or African American Female (9.49%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at First Institute of Travel, Inc. in 2022, both undergraduate and graduate, is 274 students. The full-time enrollment at First Institute of Travel, Inc. is 274 and the part-time enrollment is 0.

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

Retention Rate over Time

78%

2013 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 First Institute of Travel, Inc. was 78%.

This chart shows the retention rate over time at First Institute of Travel, Inc. (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Hispanic or Latino
160 enrolled students
White
73 enrolled students
Black or African American
28 enrolled students

The enrolled student population at First Institute of Travel, Inc. is 58.4% Hispanic or Latino, 26.6% White, 10.2% Black or African American, 2.92% Asian, and 0.73% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 134 more women than men received degrees from First Institute of Travel, Inc.. The most common race/ethnicity group of degree recipients at First Institute of Travel, Inc. is hispanic or latino (87 degrees awarded). There were 1.43 times more hispanic or latino recipients than the next closest race/ethnicity group, white (61 degrees).

The most common < 1 Year Postsecondary Certificate concentration at First Institute of Travel, Inc. is Medical Assistant (115 degrees awarded), followed by Dental Assisting (39 degrees) and Massage Therapy (10 degrees).

In 2022, the most specialized majors across all degree types at First Institute of Travel, Inc., meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (162 degrees awarded).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at First Institute of Travel, Inc. are Registered nurses (1,394,826 people), Medical & health services managers (151,000 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at First Institute of Travel, Inc. in 2022 are Health (162 degrees awarded) (as of 2022).

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 First Institute of Travel, Inc. are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at First Institute of Travel, Inc. are Health (162 degrees awarded) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at First Institute of Travel, Inc. are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,482,206 people), Outpatient care centers (237,556 people), Elementary & secondary schools (215,578 people), Offices of physicians (201,917 people), and Colleges, universities & professional schools, including junior colleges (129,843 people).

The most specialized majors at First Institute of Travel, Inc. are Health (162 degrees awarded) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by First Institute of Travel, Inc..

Most Common (2019)

Medical Assistant
115 degrees awarded
Dental Assisting
39 degrees awarded
Massage Therapy
10 degrees awarded

In 2019, the most common < 1 year postsecondary certificate concentration at First Institute of Travel, Inc. was Medical Assistant with 115 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from < 1 year postsecondary certificate programs at First Institute of Travel, Inc. according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

148

Degrees Awarded to Women

in 2022

In 2022, 14 degrees were awarded to men at First Institute of Travel, Inc., which is 0.0946 times less than the number of degrees awarded to females (148).

This chart displays the sex disparity between the top 5 majors at First Institute of Travel, Inc. by degrees awarded.

Most Common Male Majors

In 2022, 8 degrees were awarded to men at First Institute of Travel, Inc. in Medical Assistant, which is 0.0816 times less than the 98 female recipients with that same degree.

Most Common Female Majors

In 2022, 98 degrees were awarded to men at First Institute of Travel, Inc. in Medical Assistant, which is 12.3 times more than the 8 male recipients with that same degree.

Time to Complete

57%

100% Completion Time

79%

150% Completion Time

In 2022, 57% of students graduating from First Institute of Travel, Inc. completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 79% completed their degrees within 150% of the normal time, and 79% within 200%.

The following chart shows these completion rates over time compared to the average for the 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

Hispanic or Latino
87 degrees awarded
White
61 degrees awarded
Black or African American
10 degrees awarded

The most common race/ethnicity at First Institute of Travel, Inc. is hispanic or latino (87 degrees awarded). There were 1.43 times more hispanic or latino recipients than the next closest race/ethnicity group, white (61 degrees).

1.23% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Hispanic or Latino Female
80 degrees awarded
White Female
55 degrees awarded
Black or African American Female
9 degrees awarded

The most common race/ethnicity and sex grouping at First Institute of Travel, Inc. is hispanic or latino female (80 degrees awarded). There were 1.45 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (55 degrees).

Operations

Salary Expenditure

$1.39M

2022 Salaries

33.7%

growth from 2021

In 2022, First Institute of Travel, Inc. paid a median of $1.39M in salaries, a 33.7% growth from the previous year. This is compared to a 25% decline between 2020 and 2021, and a 2.69% decline between 2019 and 2020.

The median for similar is 668k (13.2% of overall expenditures).

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