IBMC College-Colorado Springs Campus

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2017 Average Net Price
$18,880
After Financial Aid
2014 Default Rate
13.5%
on Student Loans
2016 Enrolled Students
269
100% Full-Time

About

IBMC College-Colorado Springs Campus is a higher education institution located in El Paso County, CO. In 2017, the most popular < 1 Year Postsecondary Certificate concentrations at IBMC College-Colorado Springs Campus were Dental Assisting (35 degrees awarded), Aesthetician & Skin Care Specialist (21 degrees), and Massage Therapy (5 degrees).

In 2014 the default rate for borrower's at IBMC College-Colorado Springs Campus was 13.5%, corresponding to 32 out of the 237 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $18,880.

In 2017, 85% of undergraduate students attending IBMC College-Colorado Springs Campus received financial aid through grants. Comparatively, 90% of undergraduate students received financial aid through loans.

Average Net Price

$18,880
2017 Value
2.44%
1 Year Growth

In 2017 IBMC College-Colorado Springs Campus had an average net price — the price paid after factoring in grants and loans — of $18,880. Between 2016 and 2017, the average net price of IBMC College-Colorado Springs Campus grew by 2.44%.

This chart compares the average net price of IBMC College-Colorado Springs Campus (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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Financial Aid by Income Level

85%
Undergraduates Receiving Financial Aid through Grants
90%
Undergraduates Receiving Financial Aid through Loans

85% of undergraduate students at IBMC College-Colorado Springs Campus received financial aid through grants or loans in 2017. This represents a growth of 4.94% with respect to 2016, when 81% of undergraduate students received financial aid.

This chart compares the average award discount at IBMC College-Colorado Springs Campus (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.
13.5%
2014 Default Rate
32
Number of Defaults

In 2014 the default rate for borrower's at IBMC College-Colorado Springs Campus was 13.5%, which represents 32 out of the 237 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

IBMC College-Colorado Springs Campus had a total enrollment of 269 students in 2016. The full-time enrollment at IBMC College-Colorado Springs Campus is 269 students and the part-time enrollment is 0. This means that 100% of students enrolled at IBMC College-Colorado Springs Campus are enrolled full-time.

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at IBMC College-Colorado Springs Campus in 2016, both undergraduate and graduate, is 269 students. The full-time enrollment at IBMC College-Colorado Springs Campus is 269 and the part-time enrollment is 0. This means that 100% of students enrolled at IBMC College-Colorado Springs Campus 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 IBMC College-Colorado Springs Campus (in red) compares to similar universities.

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Retention Rate over Time

69%
2016 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 IBMC College-Colorado Springs Campus was 69%.

This chart shows the retention rate over time at IBMC College-Colorado Springs Campus (highlighted in red) compares to similar universities.

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Graduates

The most common < 1 Year Postsecondary Certificate concentration at IBMC College-Colorado Springs Campus is Dental Assisting (35 degrees awarded), followed by Aesthetician & Skin Care Specialist (21 degrees) and Massage Therapy (5 degrees).

In 2017,  the most specialized majors across all degree types at IBMC College-Colorado Springs Campus, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (21 degrees awarded), Health (92 degrees), and Parks, Recreation, & Leisure (6 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at IBMC College-Colorado Springs Campus are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at IBMC College-Colorado Springs Campus in 2017 are Personal & Culinary Services (21 degrees awarded), Health (92 degrees), and Parks, Recreation, & Leisure (6 degrees) (as of 2017).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at IBMC College-Colorado Springs Campus are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at IBMC College-Colorado Springs Campus are Personal & Culinary Services (21 degrees awarded), Health (92 degrees), and Parks, Recreation, & Leisure (6 degrees) (as of 2017).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at IBMC College-Colorado Springs Campus are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at IBMC College-Colorado Springs Campus are Personal & Culinary Services (21 degrees awarded), Health (92 degrees), and Parks, Recreation, & Leisure (6 degrees) (as of 2017).

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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 IBMC College-Colorado Springs Campus.
N/A
Most Common (2017)
N/A degrees awarded

In 2017, the most common N/A concentration at IBMC College-Colorado Springs Campus was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at IBMC College-Colorado Springs Campus according to their major.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (51.9%)

The student demographic with the highest graduation rate in 2017 at IBMC College-Colorado Springs Campus is Female and Black or African American (51.9% graduation rate). Across all Special Focus Institutions, N/A students have the highest graduation rate (N/A%).

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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Operations

The most common positions for non-instructional staff at IBMC College-Colorado Springs Campus are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 6 employees, Management, with 2 employees, and Business and Financial Operations with 2 employees.

Salary Expenditure

$5.86M
2017 Salaries
14.2%
decline from 2016

In 2017, IBMC College-Colorado Springs Campus paid a median of $5.86M in salaries, a 14.2% decline from the previous year. This is compared to a 154% growth between 2015 and 2016, and a 11.9% growth between 2014 and 2015.

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Occupations by Share

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

In 2016, the most common positions for non-instructional staff at IBMC College-Colorado Springs Campus were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 6 employees, Management with 2 employees, and Business and Financial Operations with 2 employees.

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