Medical Career Institute

www.mcinj.edu/

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2020 Average Net Price

$18,821

After Financial Aid

2018 Student Loan

6.74%

Default Rate

2020 Enrolled Students

162

100% Full-Time

2020 Graduation Rate

95.9%

47 Graduates

About

Medical Career Institute is a higher education institution located in Monmouth County, NJ. In N/A, the most popular Bachelor's Degree concentrations at Medical Career Institute were N/A.

In 2020, 80 degrees were awarded across all undergraduate and graduate programs at Medical Career Institute. 88.8% of these degrees were awarded to women, and 11.3% awarded men. The most common race/ethnicity group of degree recipients was white (47 degrees), 1.74 times more than then the next closest race/ethnicity group, black or african american (27 degrees).

The median undergraduate tuition at Medical Career Institute is $0, which is $−11,562 less than the national average for ($11,563).

Costs

The median undergraduate tuition at Medical Career Institute is $0, which is $−11,562 less than the national average for ($11,563).

After taking grants and loans into account, the average net price for students is $18,821.

In 2020, 50% of undergraduate students attending Medical Career Institute received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Average Net Price

$18,821

2020 Value

12.9%

1 Year Growth

In 2020 Medical Career Institute had an average net price — the price paid after factoring in grants and loans — of $18,821. Between 2019 and 2020, the average net price of Medical Career Institute grew by 12.9%.

This chart compares the average net price of Medical Career 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.

Financial Aid by Income Level

50%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

50% of undergraduate students at Medical Career Institute received financial aid through grants or loans in 2020. This represents a growth of 28.2% with respect to 2019, when 39% of undergraduate students received financial aid.

This chart compares the average award discount at Medical Career 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.

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.

6.74%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Medical Career Institute was 6.74%, which represents 6 out of the 89 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

Medical Career Institute has a total enrollment of 162 students. The full-time enrollment at Medical Career Institute is 162 students and the part-time enrollment is 0. This means that 100% of students enrolled at Medical Career Institute are enrolled full-time.

The enrolled student population at Medical Career Institute, both undergraduate and graduate, is 58.6% White, 26.5% Black or African American, 3.09% Hispanic or Latino, 1.85% Asian, 0.617% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races.

Students enrolled at Medical Career Institute in full-time Undergraduate programs are most commonly White Female (58.6%), followed by Black or African American Female (22.8%) and Black or African American Male (3.7%). 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 Medical Career Institute, both undergraduate and graduate, is 162 students. The full-time enrollment at Medical Career Institute is 162 and the part-time enrollment is 0. This means that 100% of students enrolled at Medical Career Institute are enrolled full-time compared with 66.2% at similar .

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

Retention Rate over Time

100%

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 Medical Career Institute was 100%. Compared with the full-time retention rate at similar (78%), Medical Career Institute had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
95
Black or African American
43
Hispanic or Latino
5

The enrolled student population at Medical Career Institute is 58.6% White, 26.5% Black or African American, 3.09% Hispanic or Latino, 1.85% Asian, 0.617% 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 37.7% White, 24.8% Hispanic or Latino, and 18.6% Black or African American.

Graduates

In 2020, 62 more women than men received degrees from Medical Career Institute. The most common race/ethnicity group of degree recipients at Medical Career Institute is white (47 degrees awarded). There were 1.74 times more white graduates than the next closest race/ethnicity group, black or african american (27 degrees).

The most common Bachelor's Degree concentration at Medical Career Institute is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Medical Career Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (80 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 Medical Career Institute are Registered nurses (1,293,143 people), Medical & health services managers (143,575 people), Pharmacists (130,778 people), Nurse practitioners & nurse midwives (118,390 people), and Physicians (103,837 people).

The most specialized majors at Medical Career Institute are Health (80 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 Medical Career Institute are Surgeons, Physicians, Podiatrists, Chief executives & legislators, and Nurse anesthetists

The most specialized majors at Medical Career Institute are Health (80 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 Medical Career Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,414,995 people), Outpatient care centers (200,992 people), Elementary & secondary schools (194,713 people), Offices of physicians (180,542 people), and Colleges, universities & professional schools, including junior colleges (117,887 people).

The most specialized majors at Medical Career Institute are Health (80 degrees awarded).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Medical Career 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 Medical Career Institute was N/A with N/A degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 9 degrees were awarded to men at Medical Career Institute, which is 0.127 times less than the number of degrees awarded to females (71).

This chart displays the sex disparity between the top 5 majors at Medical Career Institute by degrees awarded.

Most Common Male Majors

In false, 5 degrees were awarded to men at Medical Career Institute in Sterile Processing Technician, which is 0.313 times less than the 16 female recipients with that same degree.

Most Common Female Majors

In false, 26 degrees were awarded to women at Medical Career Institute in Diagnostic Medical Sonography & Ultrasound Technician, which is 26 times more than the 1 male recipients with that same degree.

Time to Complete

87%

100% Completion Time

87%

150% Completion Time

In 2020, 87% of students graduating from Medical Career Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 87% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Medical Career Institute is Male and White (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

White
47 degrees awarded
Black or African American
27 degrees awarded
Hispanic or Latino
4 degrees awarded

The most common race/ethnicity at Medical Career Institute is white (47 degrees awarded). There were 1.74 times more white recipients than the next closest race/ethnicity group, black or african american (27 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
42 degrees awarded
Black or African American Female
24 degrees awarded
White Male
5 degrees awarded

The most common race/ethnicity and sex grouping at Medical Career Institute is white female (42 degrees awarded). There were 1.75 times more white female recipients than the next closest race/ethnicity group, black or african american female (24 degrees).

Operations

Medical Career 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 0.165% average return ($13.7k on $8.3M) across all .

In 2020, Medical Career Institute had a total salary expenditure of $N/A. Medical Career Institute employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Medical Career Institute are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Medical Career Institute are: N/A, with N/A employees, N/A, with N/A employees, and N/A with N/A employees.

Endowment

growth from 2019

This line chart shows how the endowment at Medical Career 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, Medical Career Institute received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$701k

2020 Salaries

6.69%

growth from 2019

In 2020, Medical Career Institute paid a median of $701k in salaries, which represents NaNk% of their overall expenditure ($N/A) and a 6.69% growth from the previous year. This is compared to a 16.8% growth from 2018 and a 4.98% growth from 2017.

The median for similar is 594k (12.7% of overall expenditures).

Instructional Salaries

$N/A

Instructional Salaries

Number of Employees

In N/A, Medical Career Institute 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 $333k (56%) for similar Unknown.

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 Medical Career Institute 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 Medical Career Institute were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.