Midwest Technical Institute

www.midwesttech.edu

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2016 Average Net Price

$25,098

After Financial Aid

2019 Student Loan

2.91%

Default Rate

2016 Enrolled Students

129

100% Full-Time

About

Midwest Technical Institute is a higher education institution located in Hendricks County, IN. In 2016, the most popular < 1 Year Postsecondary Certificate concentrations at Midwest Technical Institute were Welding Technology (75 degrees awarded), HVAC & Refrigeration Engineering Technology (47 degrees), and Medical Assistant (34 degrees).

In 2016, 215 degrees were awarded across all undergraduate and graduate programs at Midwest Technical Institute. 35.3% of these degrees were awarded to women, and 64.7% awarded men. The most common race/ethnicity group of degree recipients was white (158 degrees), 3.95 times more than then the next closest race/ethnicity group, black or african american (40 degrees).

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

Costs

After taking grants and loans into account, the average net price for students is $25,098.

In 2016, 64% of undergraduate students attending Midwest Technical Institute received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

Average Net Price

$25,098

2016 Value

0.392%

1 Year Growth

In 2016 Midwest Technical Institute had an average net price — the price paid after factoring in grants and loans — of $25,098. Between 2015 and 2016, the average net price of Midwest Technical Institute grew by 0.392%.

This chart compares the average net price of Midwest Technical 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

64%

Undergraduates Receiving Financial Aid through Grants

72%

Undergraduates Receiving Financial Aid through Loans

64% of undergraduate students at Midwest Technical Institute received financial aid through grants or loans in 2016. This represents a decline of 9.86% with respect to 2015, when 71% of undergraduate students received financial aid.

This chart compares the average award discount at Midwest Technical 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.

2.91%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Midwest Technical Institute was 2.91%, which represents 78 out of the 2676 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

Midwest Technical Institute had a total enrollment of 129 students in 2016. The full-time enrollment at Midwest Technical Institute is 129 students and the part-time enrollment is 0. This means that 100% of students enrolled at Midwest Technical Institute are enrolled full-time.

The enrolled student population at Midwest Technical Institute, both undergraduate and graduate, is 73.6% White, 17.1% Black or African American, 6.2% Hispanic or Latino, 1.55% Asian, and 0.775% Two or More Races.

Students enrolled at Midwest Technical Institute in full-time Undergraduate programs are most commonly White Male (58.1%), followed by White Female (15.5%) and Black or African American Male (14%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Midwest Technical Institute in 2016, both undergraduate and graduate, is 129 students. The full-time enrollment at Midwest Technical Institute is 129 and the part-time enrollment is 0.

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

Retention Rate over Time

94%

2016 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 Midwest Technical Institute was 94%. Compared with the full-time retention rate at similar (77%), Midwest Technical Institute had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2016)

White
95 enrolled students
Black or African American
22 enrolled students
Hispanic or Latino
8 enrolled students

The enrolled student population at Midwest Technical Institute is 73.6% White, 17.1% Black or African American, 6.2% Hispanic or Latino, 1.55% Asian, and 0.775% 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 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

Graduates

In 2016, 63 fewer women than men received degrees from Midwest Technical Institute. The most common race/ethnicity group of degree recipients at Midwest Technical Institute is white (158 degrees awarded). There were 3.95 times more white recipients than the next closest race/ethnicity group, black or african american (40 degrees).

The most common < 1 Year Postsecondary Certificate concentration at Midwest Technical Institute is Welding Technology (75 degrees awarded), followed by HVAC & Refrigeration Engineering Technology (47 degrees) and Medical Assistant (34 degrees).

In 2016, the most specialized majors across all degree types at Midwest Technical Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (75 degrees awarded), Construction (19 degrees), and Engineering Technologies (47 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Midwest Technical Institute are Elementary & middle school teachers (2,731,503 people), Other managers (2,146,940 people), Registered nurses (1,770,878 people), Accountants & auditors (1,376,162 people), and Software developers (1,312,199 people).

The most specialized majors at Midwest Technical Institute in 2016 are Precision Production (75 degrees awarded), Construction (19 degrees), Engineering Technologies (47 degrees), Health (67 degrees), and Personal & Culinary Services (7 degrees) (as of 2016).

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 Midwest Technical Institute are Surgeons, Podiatrists, Cardiovascular technologists and technicians, Physicians, and Media and communication workers, all other

The most specialized majors at Midwest Technical Institute are Precision Production (75 degrees awarded), Construction (19 degrees), Engineering Technologies (47 degrees), Health (67 degrees), and Personal & Culinary Services (7 degrees) (as of 2016).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Midwest Technical Institute are Elementary & secondary schools (5,483,119 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,202,014 people), Colleges, universities & professional schools, including junior colleges (2,391,445 people), Computer Systems Design (2,185,689 people), and Construction (1,229,470 people).

Majors Awarded

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

Most Common (2016)

Welding Technology
75 degree-majors awarded
HVAC & Refrigeration Engineering Technology
47 degree-majors awarded
Medical Assistant
34 degree-majors awarded

In 2016, the most common < 1 year postsecondary certificate concentration at Midwest Technical Institute was Welding Technology with 75 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from < 1 year postsecondary certificate programs at Midwest Technical Institute according to their major.

Sex Breakdown for Common Majors

139

Degrees Awarded to Men

in 2016

Degrees Awarded to Women

in 2016

In 2016, 139 degrees were awarded to men at Midwest Technical Institute, which is 1.83 times more than the number of degrees awarded to females (76).

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

Most Common Male Majors

In 2016, 72 degrees were awarded to men at Midwest Technical Institute in Welding Technology, which is 24 times more than the 3 female recipients with that same degree.

Most Common Female Majors

In 2016, 32 degrees were awarded to men at Midwest Technical Institute in Dental Assisting, which is 32 times more than the 1 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2016)

White
158 degrees awarded
Black or African American
40 degrees awarded
Hispanic or Latino
11 degrees awarded

The most common race/ethnicity at Midwest Technical Institute is white (158 degrees awarded). There were 3.95 times more white recipients than the next closest race/ethnicity group, black or african american (40 degrees).

0.93% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2016)

White Male
95 degrees awarded
White Female
63 degrees awarded
Black or African American Male
34 degrees awarded

The most common race/ethnicity and sex grouping at Midwest Technical Institute is white male (95 degrees awarded). There were 1.51 times more white male recipients than the next closest race/ethnicity group, white female (63 degrees).

Operations

Salary Expenditure

$1.15M

2016 Salaries

11.5%

growth from 2015

In 2016, Midwest Technical Institute paid a median of $1.15M in salaries, a 11.5% growth from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

Midwest Technical Institute

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