Verve College

www.vervecollege.edu

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2020 Default Rate

on Student Loans

2022 Enrolled Students

226

100% Full-Time

About

Verve College is a higher education institution located in DuPage County, IL. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Verve College were Licensed Practical & Vocational Nurse Training (100 degrees awarded).

In 2022, 100 degrees were awarded across all undergraduate and graduate programs at Verve College. 93% of these degrees were awarded to women, and 7% awarded men. The most common race/ethnicity group of degree recipients was black or african american (76 degrees), 8.44 times more than then the next closest race/ethnicity group, hispanic or latino (9 degrees).

In 2020 the default rate for borrower's at Verve College was 0%, corresponding to 0 out of the 147 total borrowers.

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

Costs

In 2022, 29% of undergraduate students attending Verve College received financial aid through grants. Comparatively, 22% of undergraduate students received financial aid through loans.

Average Net Price

This chart compares the average net price of Verve College (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

29%

Undergraduates Receiving Financial Aid through Grants

22%

Undergraduates Receiving Financial Aid through Loans

29% of undergraduate students at Verve College received financial aid through grants or loans in 2022. This represents a decline of 68.8% with respect to 2021, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at Verve College (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 Verve College was 0%, which represents 0 out of the 147 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

Verve College had a total enrollment of 226 students in 2022. The full-time enrollment at Verve College is 226 students and the part-time enrollment is 0. This means that 100% of students enrolled at Verve College are enrolled full-time.

The enrolled student population at Verve College, both undergraduate and graduate, is 79.2% Black or African American, 10.2% Hispanic or Latino, 6.19% Asian, and 4.42% White.

Students enrolled at Verve College in full-time Undergraduate programs are most commonly Black or African American Female (75.2%), followed by Hispanic or Latino Female (9.73%) and Black or African American Male (3.98%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Verve College in 2022, both undergraduate and graduate, is 226 students. The full-time enrollment at Verve College is 226 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Verve College (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Black or African American
179 enrolled students
Hispanic or Latino
23 enrolled students
Asian
14 enrolled students

The enrolled student population at Verve College is 79.2% Black or African American, 10.2% Hispanic or Latino, 6.19% Asian, and 4.42% White. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 86 more women than men received degrees from Verve College. The most common race/ethnicity group of degree recipients at Verve College is black or african american (76 degrees awarded). There were 8.44 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (9 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Verve College is Licensed Practical & Vocational Nurse Training (100 degrees awarded).

In 2022, the most specialized majors across all degree types at Verve College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (100 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 Verve College 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 Verve College in 2022 are Health (100 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 Verve College are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at Verve College are Health (100 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 Verve College 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 Verve College are Health (100 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 Verve College.

Licensed Practical & Vocational Nurse Training

Most Common (2022)

100 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Verve College was Licensed Practical & Vocational Nurse Training with 100 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Verve College according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 7 degrees were awarded to men at Verve College, which is 0.0753 times less than the number of degrees awarded to females (93).

This chart displays the sex disparity between the top 5 majors at Verve College by degrees awarded.

Most Common Male Majors

In 2022, 7 degrees were awarded to men at Verve College in Licensed Practical & Vocational Nurse Training, which is 0.0753 times less than the 93 female recipients with that same degree.

Most Common Female Majors

In 2022, 93 degrees were awarded to men at Verve College in Licensed Practical & Vocational Nurse Training, which is 13.3 times more than the 7 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

Black or African American
76 degrees awarded
Hispanic or Latino
9 degrees awarded
Asian
6 degrees awarded

The most common race/ethnicity at Verve College is black or african american (76 degrees awarded). There were 8.44 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (9 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Black or African American Female
74 degrees awarded
Hispanic or Latino Female
8 degrees awarded
White Female
6 degrees awarded

The most common race/ethnicity and sex grouping at Verve College is black or african american female (74 degrees awarded). There were 9.25 times more black or african american female recipients than the next closest race/ethnicity group, hispanic or latino female (8 degrees).

Operations

Salary Expenditure

$1.28M

2022 Salaries

1.25%

decline from 2021

In 2022, Verve College paid a median of $1.28M in salaries, a 1.25% decline from the previous year. This is compared to a 15% decline between 2020 and 2021, and a 12.1% growth between 2019 and 2020.

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

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