Universal Therapeutic Massage Institute

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2019 Average Net Price
$19,282
After Financial Aid
2017 Default Rate
5%
on Student Loans
2019 Enrolled Students
65
100% Full-Time

About

Universal Therapeutic Massage Institute is a higher education institution located in Bernalillo County, NM.

In 2017 the default rate for borrower's at Universal Therapeutic Massage Institute was 5%, corresponding to 2 out of the 40 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $19,282.

In 2019, 36% of undergraduate students attending Universal Therapeutic Massage Institute received financial aid through grants. Comparatively, 31% of undergraduate students received financial aid through loans.

Average Net Price

$19,282
2019 Value
18.1%
1 Year Growth

In 2019 Universal Therapeutic Massage Institute had an average net price — the price paid after factoring in grants and loans — of $19,282. Between 2018 and 2019, the average net price of Universal Therapeutic Massage Institute grew by 18.1%.

This chart compares the average net price of Universal Therapeutic Massage Institute (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

36%
Undergraduates Receiving Financial Aid through Grants
31%
Undergraduates Receiving Financial Aid through Loans

36% of undergraduate students at Universal Therapeutic Massage Institute received financial aid through grants or loans in 2019. This represents a growth of 33.3% with respect to 2018, when 27% of undergraduate students received financial aid.

This chart compares the average award discount at Universal Therapeutic Massage Institute (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.
5%
2017 Default Rate
2
Number of Defaults

In 2017 the default rate for borrower's at Universal Therapeutic Massage Institute was 5%, which represents 2 out of the 40 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

Universal Therapeutic Massage Institute had a total enrollment of 65 students in 2019. The full-time enrollment at Universal Therapeutic Massage Institute is 65 students and the part-time enrollment is 0. This means that 100% of students enrolled at Universal Therapeutic Massage Institute are enrolled full-time.

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Universal Therapeutic Massage Institute in 2019, both undergraduate and graduate, is 65 students. The full-time enrollment at Universal Therapeutic Massage Institute is 65 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Universal Therapeutic Massage Institute (in red) compares to similar universities.

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Retention Rate over Time

72%
2018 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 Universal Therapeutic Massage Institute was 72%.

This chart shows the retention rate over time at Universal Therapeutic Massage Institute (highlighted in red) compares to similar universities.

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Operations

Salary Expenditure

$507k
2019 Salaries
8.47%
growth from 2018

In 2019, Universal Therapeutic Massage Institute paid a median of $507k in salaries, a 8.47% growth from the previous year. This is compared to a 9.39% growth between 2017 and 2018, and a 14.5% growth between 2016 and 2017.

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

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