Hobart Institute of Welding Technology

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2017 Average Net Price
$27,906
After Financial Aid
2016 Student Loan
12.1%
Default Rate
2017 Enrolled Students
464
100% Full-Time

About

Hobart Institute of Welding Technology is a higher education institution located in Miami County, OH. In 2016, the most popular Bachelor's Degree concentrations at Hobart Institute of Welding Technology were .

In 2017, 373 degrees were awarded across all undergraduate and graduate programs at Hobart Institute of Welding Technology. 1.88% of these degrees were awarded to women, and 98.1% awarded men. The majority of degree recipients were white (349 degrees), 38.8 times more than then the next closest race/ethnicity group, two or more races (9 degrees).

The median undergraduate tuition at Hobart Institute of Welding Technology is $0, which is $-11,737 less than the national average for ($11,738).

Costs

The median undergraduate tuition at Hobart Institute of Welding Technology is $0, which is $-11,737 less than the national average for ($11,738).

After taking grants and loans into account, the average net price for students is $27,906.

In 2017, 34% of undergraduate students received federal grants, while 34% of undergraduate students received federal loans.

Average Net Price

$27,906
2017 Value
2.45%
1 Year Growth

In 2017 Hobart Institute of Welding Technology had an average net price — the price paid after factoring in grants and loans — of $27,906. Between 2016 and 2017, the average net price of Hobart Institute of Welding Technology grew by 2.45%.

This chart compares the average net price of Hobart Institute of Welding Technology (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

Financial Aid by Income Level

34%
Of Undergraduates Receive Grants
34%
Of Undergraduates Receive Federal Loans

34% of undergraduate students at Hobart Institute of Welding Technology received grants or loans in 2017. This represents a decline of 5.56% with respect to 2016, when 36% of undergraduate students received financial aid.

This chart compares the average award discount at Hobart Institute of Welding Technology (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.
12.1%
2016 Default Rate
27
Number of Defaults

In 2016 the default rate for borrower's at Hobart Institute of Welding Technology was 12.1%, which represents 27 out of the 223 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

Hobart Institute of Welding Technology has a total enrollment of 464 students. The full-time enrollment at Hobart Institute of Welding Technology is 464 students and the part-time enrollment is 0. This means that 100% of students enrolled at Hobart Institute of Welding Technology are enrolled full-time.

The enrolled student population at Hobart Institute of Welding Technology, both undergraduate and graduate, is 90.5% White, 4.74% Two or More Races, 2.59% Hispanic or Latino, 1.29% Black or African American, 0.647% American Indian or Alaska Native, 0% Asian, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Hobart Institute of Welding Technology in full-time Undergraduate programs are majority White Male (87.3%), followed by Two or More Races Male (4.53%) and White Female (3.23%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Hobart Institute of Welding Technology, both undergraduate and graduate, is 464 students. The full-time enrollment at Hobart Institute of Welding Technology is 464 and the part-time enrollment is 0. This means that 100% of students enrolled at Hobart Institute of Welding Technology are enrolled full-time compared with 74.1% at similar .

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

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Retention Rate over Time

92%
2017 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 Hobart Institute of Welding Technology was 92%. Compared with the full-time retention rate at similar (77%), Hobart Institute of Welding Technology had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    420
  2. Two or More Races
    22
  3. Hispanic or Latino
    12

The enrolled student population at Hobart Institute of Welding Technology is 90.5% White, 4.74% Two or More Races, 2.59% Hispanic or Latino, 1.29% Black or African American, 0.647% American Indian or Alaska Native, 0% Asian, and 0% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 41.5% White, 26.6% Hispanic or Latino, and 19.2% Black or African American.

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Graduates

In 2017, 359 fewer women than men received degrees from Hobart Institute of Welding Technology. The majority of degree recipients at Hobart Institute of Welding Technology are white (349 degrees awarded). There were 38.8 times more white graduates than the next closest race/ethnicity group, two or more races (9 degrees).

The most common Bachelor's Degree concentration at Hobart Institute of Welding Technology is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Hobart Institute of Welding Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (373 degrees awarded).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Hobart Institute of Welding Technology are Elementary & middle school teachers (3,183,041 people), Other managers (2,019,921 people), Registered nurses (1,723,990 people), Accountants & auditors (1,463,040 people), and Software developers (1,117,501 people).

The most specialized majors at Hobart Institute of Welding Technology are Precision Production (373 degrees awarded).

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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 Hobart Institute of Welding Technology are Personal financial advisors, Surgeons, Physicians, Electrical & electronics engineers, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Hobart Institute of Welding Technology are Precision Production (373 degrees awarded).

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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 Hobart Institute of Welding Technology are Elementary & secondary schools (5,422,367 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,130,204 people), Colleges, universities & professional schools, including junior colleges (2,314,116 people), Computer Systems Design (1,954,710 people), and Construction (1,130,061 people).

The most specialized majors at Hobart Institute of Welding Technology are Precision Production (373 degrees awarded).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Hobart Institute of Welding Technology.
Most Common
  1. N/A
    N/A degree-majorss awarded
  2. N/A
    N/A degree-majorss awarded
  3. N/A
    N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Hobart Institute of Welding Technology was N/A with N/A degree-majorss awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men
  1. 366
  2. 7

In 2017, 366 degrees were awarded to men at Hobart Institute of Welding Technology, which is 52.3 times more than the number of degrees awarded to females (7).

This chart displays the gender disparity between the top 5 majors at Hobart Institute of Welding Technology by degrees awarded.

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Most Common Male Majors

In false, 366 degrees were awarded to men at Hobart Institute of Welding Technology in Welding Technology, which is 52.3 times more than the 7 female recipients with that same degree.

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Most Common Female Majors

In false, 7 degrees were awarded to women at Hobart Institute of Welding Technology in Welding Technology, which is 0.0191 times less than the 366 male recipients with that same degree.

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Time to Complete

79%
100% Completion Time
89%
150% Completion Time

In 2017, 79% of students graduating from Hobart Institute of Welding Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 89% completed their degrees within 150% of the normal time, and 89% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
N/A
Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Hobart Institute of Welding Technology is N/A and N/A (N/A% graduation rate). Across all , Asian Female students have the highest graduation rate (68.1%).

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, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    349 degrees awarded
  2. Two or More Races
    9 degrees awarded
  3. Hispanic or Latino
    8 degrees awarded

The most common race/ethnicity at Hobart Institute of Welding Technology is white (349 degrees awarded). There were 38.8 times more white recipients than the next closest race/ethnicity group, two or more races (9 degrees).

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

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    342 degrees awarded
  2. Two or More Races Male
    9 degrees awarded
  3. Hispanic or Latino Male
    8 degrees awarded

The most common race/ethnicity and gender grouping at Hobart Institute of Welding Technology is white male (342 degrees awarded). There were 38 times more white male recipients than the next closest race/ethnicity group, two or more races male (9 degrees).

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Operations

Hobart Institute of Welding Technology has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $256k (NaNk%), compared to the 0.0457% average return ($6.76k on $14.8M) across all .

In 2017, Hobart Institute of Welding Technology had a total salary expenditure of $N/A. Hobart Institute of Welding Technology employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Hobart Institute of Welding Technology are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Hobart Institute of Welding Technology are: N/A, with N/A employees, N/A, with N/A employees, and N/A with N/A employees.

Finances

Endowment

$N/A
2017 Endowment
0%
growth from 2016

Hobart Institute of Welding Technology has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Hobart Institute of Welding Technology stayed 0% from the previous year. The value of their endowment was $NaNM approximately the same as than the median endowment of according to the Carnegie Classification grouping.

This line chart shows how the endowment at Hobart Institute of Welding Technology (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.

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Government Grants and Contracts

Grants & Contracts
  1. $813k - Federal
  2. $0 - State
  3. $0 - Local

As of 2017, Hobart Institute of Welding Technology received $813k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$3.61M
2017 Salaries
16.4%
growth from 2016

In 2017, Hobart Institute of Welding Technology paid a median of $3.61M in salaries, which represents NaNM% of their overall expenditure ($N/A) and a 16.4% growth from the previous year. This is compared to a 14.7% growth from 2015 and a 9.93% growth from 2014.

The median for similar is 574k (13.1% of overall expenditures).

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Instructional Salaries

$N/A
Instructional Salaries
0
Number of Employees

In N/A, Hobart Institute of Welding Technology paid a total of $N/A to 0 employees working as instructors, which represents N/A% of all salaries paid.

This is compared to a median of $296k (51.6%) for similar Not applicable, not in Carnegie universe (not accredited or nondegree-granting).

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Faculty and Staff

Occupations by Share

false
Most Common Instructor
false Employees
N/A
Most Common Non-Instructional Employee
N/A Employees

In false, the most common positions for instructional staff at Hobart Institute of Welding Technology were false with 0 employees; false with 0 employees; and false with 0 employees.

In false, the most common positions for non-instructional staff at Hobart Institute of Welding Technology were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. false
  2. false
  3. false

In false, the most common demographic for instructional staff at Hobart Institute of Welding Technology was false with 0 employees, false with 0 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Hobart Institute of Welding Technology.

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