Institute of Technology (441663)

www.iot.edu

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2022 Average Net Price

$40,578

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

261

100% Full-Time

About

Institute of Technology (441663) is a higher education institution located in Marion County, OR. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Institute of Technology (441663) were Licensed Practical & Vocational Nurse Training (103 degrees awarded), Medical Assistant (86 degrees), and Medical Office Assistant (6 degrees).

In 2022, 195 degrees were awarded across all undergraduate and graduate programs at Institute of Technology (441663). 92.8% of these degrees were awarded to women, and 7.18% awarded men. The most common race/ethnicity group of degree recipients was white (105 degrees), 2.92 times more than then the next closest race/ethnicity group, hispanic or latino (36 degrees).

In 2020 the default rate for borrower's at Institute of Technology (441663) was 0%, corresponding to 0 out of the 249 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 $40,578.

In 2022, 53% of undergraduate students attending Institute of Technology (441663) received financial aid through grants. Comparatively, 52% of undergraduate students received financial aid through loans.

Average Net Price

$40,578

2022 Value

23.1%

1 Year Growth

In 2022 Institute of Technology (441663) had an average net price — the price paid after factoring in grants and loans — of $40,578. Between 2021 and 2022, the average net price of Institute of Technology (441663) grew by 23.1%.

This chart compares the average net price of Institute of Technology (441663) (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

53%

Undergraduates Receiving Financial Aid through Grants

52%

Undergraduates Receiving Financial Aid through Loans

53% of undergraduate students at Institute of Technology (441663) received financial aid through grants or loans in 2022. This represents a decline of 17.2% with respect to 2021, when 64% of undergraduate students received financial aid.

This chart compares the average award discount at Institute of Technology (441663) (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 Institute of Technology (441663) was 0%, which represents 0 out of the 249 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

Institute of Technology (441663) had a total enrollment of 261 students in 2022. The full-time enrollment at Institute of Technology (441663) is 261 students and the part-time enrollment is 0. This means that 100% of students enrolled at Institute of Technology (441663) are enrolled full-time.

The enrolled student population at Institute of Technology (441663), both undergraduate and graduate, is 50.6% White, 23.4% Hispanic or Latino, 4.21% Black or African American, 2.3% Two or More Races, 1.15% Asian, and 1.15% American Indian or Alaska Native.

Students enrolled at Institute of Technology (441663) in full-time Undergraduate programs are most commonly White Female (43.7%), followed by Hispanic or Latino Female (21.8%) and White Male (6.9%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Institute of Technology (441663) in 2022, both undergraduate and graduate, is 261 students. The full-time enrollment at Institute of Technology (441663) is 261 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Institute of Technology (441663) (in red) compares to similar universities.

Retention Rate over Time

76%

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 Institute of Technology (441663) was 76%.

This chart shows the retention rate over time at Institute of Technology (441663) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
132 enrolled students
Hispanic or Latino
61 enrolled students
Black or African American
11 enrolled students

The enrolled student population at Institute of Technology (441663) is 50.6% White, 23.4% Hispanic or Latino, 4.21% Black or African American, 2.3% Two or More Races, 1.15% Asian, and 1.15% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 167 more women than men received degrees from Institute of Technology (441663). The most common race/ethnicity group of degree recipients at Institute of Technology (441663) is white (105 degrees awarded). There were 2.92 times more white recipients than the next closest race/ethnicity group, hispanic or latino (36 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Institute of Technology (441663) is Licensed Practical & Vocational Nurse Training (103 degrees awarded), followed by Medical Assistant (86 degrees) and Medical Office Assistant (6 degrees).

In 2022, the most specialized majors across all degree types at Institute of Technology (441663), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (195 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 Institute of Technology (441663) 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 Institute of Technology (441663) in 2022 are Health (195 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 Institute of Technology (441663) are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at Institute of Technology (441663) are Health (195 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 Institute of Technology (441663) 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 Institute of Technology (441663) are Health (195 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 Institute of Technology (441663).

Most Common (2022)

Licensed Practical & Vocational Nurse Training
103 degrees awarded
Medical Assistant
86 degrees awarded
Medical Office Assistant
6 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Institute of Technology (441663) was Licensed Practical & Vocational Nurse Training with 103 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Institute of Technology (441663) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

181

Degrees Awarded to Women

in 2022

In 2022, 14 degrees were awarded to men at Institute of Technology (441663), which is 0.0773 times less than the number of degrees awarded to females (181).

This chart displays the sex disparity between the top 5 majors at Institute of Technology (441663) by degrees awarded.

Most Common Male Majors

In 2022, 10 degrees were awarded to men at Institute of Technology (441663) in Licensed Practical & Vocational Nurse Training, which is 0.108 times less than the 93 female recipients with that same degree.

Most Common Female Majors

In 2022, 93 degrees were awarded to men at Institute of Technology (441663) in Licensed Practical & Vocational Nurse Training, which is 9.3 times more than the 10 male recipients with that same degree.

Time to Complete

79%

100% Completion Time

82%

150% Completion Time

In 2022, 79% of students graduating from Institute of Technology (441663) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 82% completed their degrees within 150% of the normal time, and 82% 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)

White
105 degrees awarded
Hispanic or Latino
36 degrees awarded
Two or More Races
7 degrees awarded

The most common race/ethnicity at Institute of Technology (441663) is white (105 degrees awarded). There were 2.92 times more white recipients than the next closest race/ethnicity group, hispanic or latino (36 degrees).

15.9% of degree recipients (31 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
101 degrees awarded
Hispanic or Latino Female
35 degrees awarded
Two or More Races Female
6 degrees awarded

The most common race/ethnicity and sex grouping at Institute of Technology (441663) is white female (101 degrees awarded). There were 2.89 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (35 degrees).

Operations

Salary Expenditure

$1.84M

2022 Salaries

5.28%

growth from 2021

In 2022, Institute of Technology (441663) paid a median of $1.84M in salaries, a 5.28% growth from the previous year. This is compared to a 7.08% decline between 2020 and 2021, and a 5.09% growth between 2019 and 2020.

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

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