Future-Tech Institute

www.futuretechinstitute.com/

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2020 Undergraduate Tuition

$17,813

22.4% growth from 2019

2020 Average Net Price

$19,705

After Financial Aid

2020 Enrolled Students

105

100% Full-Time

2020 Graduation Rate

83.3%

50 Graduates

About

Future-Tech Institute is a higher education institution located in Miami-Dade County, FL. In 2016, the most popular Bachelor's Degree concentrations at Future-Tech Institute were .

In 2020, 14 degrees were awarded across all undergraduate and graduate programs at Future-Tech Institute. 64.3% of these degrees were awarded to women, and 35.7% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (13 degrees), 13 times more than then the next closest race/ethnicity group, black or african american (1 degrees).

The median undergraduate tuition at Future-Tech Institute is $17,813, which is $6,313 more than the national average for ($11,500).

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

Costs

The median undergraduate tuition at Future-Tech Institute is $17,813, which is $6,313 more than the national average for ($11,500).

After taking grants and loans into account, the average net price for students is $19,705.

In 2020, 100% of undergraduate students received federal grants, while 100% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$17,813

2020 Undergraduate Tuition

In 2020, the cost of tuition at Future-Tech Institute was $17,813. The cost of tuition at Future-Tech Institute is $6,313 more than than the overall (public and private) national average for ($11,500).

This chart compares the tuition costs of Future-Tech Institute (in red) with those of other similar universities.

Average Net Price

$19,705

2020 Value

140%

1 Year Growth

In 2020 Future-Tech Institute had an average net price — the price paid after factoring in grants and loans — of $19,705. Between 2019 and 2020, the average net price of Future-Tech Institute grew by 140%.

This chart compares the average net price of Future-Tech 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.

Other Student Expenses

$2,237

Room and Board

Books and Supplies

The average yearly cost of room and board at Future-Tech Institute was of $2,237 in 2020. During the same period, the average yearly cost of books and supplies was $0. The cost of room and board decreased by 71.7% between 2019 and 2020. The cost of books and supplies decreased by 100% during the same period.

This chart compares the average student costs at Future-Tech Institute (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

100%

Of Undergraduates Receive Grants

100%

Of Undergraduates Receive Federal Loans

100% of undergraduate students at Future-Tech Institute received grants or loans in 2020. This represents a growth of 0% with respect to 2019, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Future-Tech 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.

Enrollment

Future-Tech Institute has a total enrollment of 105 students. The full-time enrollment at Future-Tech Institute is 105 students and the part-time enrollment is 0. This means that 100% of students enrolled at Future-Tech Institute are enrolled full-time.

The enrolled student population at Future-Tech Institute, both undergraduate and graduate, is 83.8% Hispanic or Latino, 12.4% Black or African American, 1.9% White, 0.952% Asian, 0.952% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races.

Students enrolled at Future-Tech Institute in full-time Undergraduate programs are most commonly Hispanic or Latino Female (67.6%), followed by Hispanic or Latino Male (16.2%) and Black or African American Female (12.4%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Future-Tech Institute, both undergraduate and graduate, is 105 students. The full-time enrollment at Future-Tech Institute is 105 and the part-time enrollment is 0. This means that 100% of students enrolled at Future-Tech Institute are enrolled full-time compared with 65.9% at similar .

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

Retention Rate over Time

93%

2020 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 Future-Tech Institute was 93%. Compared with the full-time retention rate at similar (77%), Future-Tech Institute had a retention rate higher than its peers.

This chart shows the retention rate over time at Future-Tech Institute (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

Hispanic or Latino
88
Black or African American
13
White
2

The enrolled student population at Future-Tech Institute is 83.8% Hispanic or Latino, 12.4% Black or African American, 1.9% White, 0.952% Asian, 0.952% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 37.9% White, 24.6% Hispanic or Latino, and 18.7% Black or African American.

Graduates

In 2020, 4 more women than men received degrees from Future-Tech Institute. The most common race/ethnicity group of degree recipients at Future-Tech Institute is hispanic or latino (13 degrees awarded). There were 13 times more hispanic or latino graduates than the next closest race/ethnicity group, black or african american (1 degrees).

The most common Bachelor's Degree concentration at Future-Tech Institute is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Future-Tech Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (14 degrees awarded).

Workforce

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 Future-Tech Institute are Registered nurses (1,370,804 people), Medical & health services managers (143,726 people), Pharmacists (133,114 people), Nurse practitioners & nurse midwives (128,961 people), and Physicians (98,309 people).

The most specialized majors at Future-Tech Institute are Health (14 degrees awarded).

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 Future-Tech Institute are Surgeons, Physicians, Chief executives & legislators, Dentists, and Nurse anesthetists

The most specialized majors at Future-Tech Institute are Health (14 degrees awarded).

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 Future-Tech Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,439,585 people), Outpatient care centers (221,078 people), Offices of physicians (213,822 people), Elementary & secondary schools (194,060 people), and Colleges, universities & professional schools, including junior colleges (121,974 people).

The most specialized majors at Future-Tech Institute are Health (14 degrees awarded).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Future-Tech Institute.

Most Common

N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Future-Tech Institute was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Future-Tech Institute according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 5 degrees were awarded to men at Future-Tech Institute, which is 0.556 times less than the number of degrees awarded to females (9).

This chart displays the sex disparity between the top 5 majors at Future-Tech Institute by degrees awarded.

Most Common Male Majors

In false, 5 degrees were awarded to men at Future-Tech Institute in Registered Nursing, which is 0.556 times less than the 9 female recipients with that same degree.

Most Common Female Majors

In false, 9 degrees were awarded to women at Future-Tech Institute in Registered Nursing, which is 1.8 times more than the 5 male recipients with that same degree.

Time to Complete

100%

100% Completion Time

100%

150% Completion Time

In 2020, 100% of students graduating from Future-Tech Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 100% completed their degrees within 150% of the normal time, and 100% 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.

Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Future-Tech Institute is Male and Asian (100% graduation rate). Across all , Asian Female students have the highest graduation rate (72.4%).

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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

Hispanic or Latino
13 degrees awarded
Black or African American
1 degrees awarded
Asian
0 degrees awarded

The most common race/ethnicity at Future-Tech Institute is hispanic or latino (13 degrees awarded). There were 13 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (1 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic

Hispanic or Latino Female
8 degrees awarded
Hispanic or Latino Male
5 degrees awarded
Black or African American Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Future-Tech Institute is hispanic or latino female (8 degrees awarded). There were 1.6 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (5 degrees).

Operations

Future-Tech Institute has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 0.162% average return ($14.1k on $8.7M) across all .

In 2020, Future-Tech Institute had a total salary expenditure of $1.08M. Future-Tech Institute employs 4 Instructors, 0 N/A, and 0 N/A. Most academics at Future-Tech Institute are Male Instructors (2), Female Instructors(2), and N/A (0).

The most common positions for non-instructional staff at Future-Tech Institute are: Management, with 8 employees, Business and Financial Operations, with 1 employees, and Computer, Engineering, and Science with 1 employees.

Finances

Endowment

growth from 2019

This line chart shows how the endowment at Future-Tech Institute (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Not applicable, not in Carnegie universe (not accredited or nondegree-granting) Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2020, Future-Tech Institute received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$1.03M

2020 Salaries

42.9%

growth from 2019

In 2020, Future-Tech Institute paid a median of $1.03M in salaries, which represents 95% of their overall expenditure ($1.08M) and a 42.9% growth from the previous year. This is compared to a 7.97% growth from 2018 and a 19.4% decline from 2017.

The median for similar is 613k (11.6% of overall expenditures).

Instructional Salaries

$199k

Instructional Salaries

Number of Employees

In 2020, Future-Tech Institute paid a total of $199k to 4 employees working as instructors, which represents 19.4% of all salaries paid.

This is compared to a median of $348k (56.8%) for similar Unknown.

Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

4 Employees

Management

Most Common Non-Instructional Employee

8 Employees

In 2020, the most common positions for instructional staff at Future-Tech Institute were Instructor with 4 employees; false with 0 employees; and false with 0 employees.

In 2020, the most common positions for non-instructional staff at Future-Tech Institute were Management with 8 employees; Business and Financial Operations with 1 employees; and Computer, Engineering, and Science with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Instructor
Female Instructor

In 2020, the most common demographic for instructional staff at Future-Tech Institute was Male Instructor with 2 employees, and Female Instructor with 2 employees.

This chart shows the sex split between each academic rank present at Future-Tech Institute.

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