Midwest Technical Institute-Springfield

www.midwesttech.edu/

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2021 Average Net Price

$19,293

After Financial Aid

2019 Student Loan

2.91%

Default Rate

2021 Enrolled Students

1,246

96.1% Full-Time

About

Midwest Technical Institute-Springfield is a higher education institution located in Sangamon County, IL. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Midwest Technical Institute-Springfield were Welding Technology (289 degrees awarded), Medical Assistant (257 degrees), and HVAC & Refrigeration Engineering Technology (200 degrees).

In 2021, 1,168 degrees were awarded across all undergraduate and graduate programs at Midwest Technical Institute-Springfield. 57.2% of these degrees were awarded to women, and 42.8% awarded men. The most common race/ethnicity group of degree recipients was white (782 degrees), 3.39 times more than then the next closest race/ethnicity group, black or african american (231 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 $19,293.

In 2021, 69% of undergraduate students attending Midwest Technical Institute-Springfield received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans.

Average Net Price

$19,293

2021 Value

7.53%

1 Year Growth

In 2021 Midwest Technical Institute-Springfield had an average net price — the price paid after factoring in grants and loans — of $19,293. Between 2020 and 2021, the average net price of Midwest Technical Institute-Springfield grew by 7.53%.

This chart compares the average net price of Midwest Technical Institute-Springfield (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

69%

Undergraduates Receiving Financial Aid through Grants

63%

Undergraduates Receiving Financial Aid through Loans

69% of undergraduate students at Midwest Technical Institute-Springfield received financial aid through grants or loans in 2021. This represents a decline of 27.4% with respect to 2020, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Midwest Technical Institute-Springfield (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-Springfield 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-Springfield had a total enrollment of 1,246 students in 2021. The full-time enrollment at Midwest Technical Institute-Springfield is 1,197 students and the part-time enrollment is 49. This means that 96.1% of students enrolled at Midwest Technical Institute-Springfield are enrolled full-time.

The enrolled student population at Midwest Technical Institute-Springfield, both undergraduate and graduate, is 64.9% White, 21.7% Black or African American, 8.35% Hispanic or Latino, 2.17% Two or More Races, 0.562% Asian, and 0.321% American Indian or Alaska Native.

Students enrolled at Midwest Technical Institute-Springfield in full-time Undergraduate programs are most commonly White Male (33%), followed by White Female (32.2%) and Black or African American Female (15%).

Full-Time vs Part-Time Enrollment

96.1%

Full-Time Enrollment

The total enrollment at Midwest Technical Institute-Springfield in 2021, both undergraduate and graduate, is 1,246 students. The full-time enrollment at Midwest Technical Institute-Springfield is 1,197 and the part-time enrollment is 49.

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

Retention Rate over Time

70%

2021 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-Springfield was 70%. Compared with the full-time retention rate at similar (77%), Midwest Technical Institute-Springfield had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
809 enrolled students
Black or African American
271 enrolled students
Hispanic or Latino
104 enrolled students

The enrolled student population at Midwest Technical Institute-Springfield is 64.9% White, 21.7% Black or African American, 8.35% Hispanic or Latino, 2.17% Two or More Races, 0.562% Asian, and 0.321% American Indian or Alaska Native. 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 2021, 168 more women than men received degrees from Midwest Technical Institute-Springfield. The most common race/ethnicity group of degree recipients at Midwest Technical Institute-Springfield is white (782 degrees awarded). There were 3.39 times more white recipients than the next closest race/ethnicity group, black or african american (231 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Midwest Technical Institute-Springfield is Welding Technology (289 degrees awarded), followed by Medical Assistant (257 degrees) and HVAC & Refrigeration Engineering Technology (200 degrees).

In 2021, the most specialized majors across all degree types at Midwest Technical Institute-Springfield, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (289 degrees awarded), Engineering Technologies (200 degrees), and Health (666 degrees).

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 Midwest Technical Institute-Springfield are Registered nurses (1,333,419 people), Medical & health services managers (146,356 people), Nurse practitioners & nurse midwives (131,850 people), Pharmacists (131,220 people), and Physicians (107,349 people).

The most specialized majors at Midwest Technical Institute-Springfield in 2021 are Precision Production (289 degrees awarded), Engineering Technologies (200 degrees), Health (666 degrees), and Personal & Culinary Services (13 degrees) (as of 2021).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

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-Springfield are Cardiovascular technologists and technicians, Chief executives & legislators, Surgeons, Physicians, and Physician assistants

The most specialized majors at Midwest Technical Institute-Springfield are Precision Production (289 degrees awarded), Engineering Technologies (200 degrees), Health (666 degrees), and Personal & Culinary Services (13 degrees) (as of 2021).

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 Midwest Technical Institute-Springfield are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,449,135 people), Elementary & secondary schools (218,375 people), Outpatient care centers (216,338 people), Offices of physicians (193,410 people), and Colleges, universities & professional schools, including junior colleges (133,662 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-Springfield.

Most Common (2021)

Welding Technology
289 degrees awarded
Medical Assistant
257 degrees awarded
HVAC & Refrigeration Engineering Technology
200 degrees awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Midwest Technical Institute-Springfield was Welding Technology with 289 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Midwest Technical Institute-Springfield according to their major.

Sex Breakdown for Common Majors

500

Degrees Awarded to Men

in 2021

668

Degrees Awarded to Women

in 2021

In 2021, 500 degrees were awarded to men at Midwest Technical Institute-Springfield, which is 0.749 times less than the number of degrees awarded to females (668).

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

Most Common Male Majors

In 2021, 262 degrees were awarded to men at Midwest Technical Institute-Springfield in Welding Technology, which is 9.7 times more than the 27 female recipients with that same degree.

Most Common Female Majors

In 2021, 249 degrees were awarded to men at Midwest Technical Institute-Springfield in Medical Assistant, which is 31.1 times more than the 8 male recipients with that same degree.

Time to Complete

67%

100% Completion Time

68%

150% Completion Time

In 2021, 67% of students graduating from Midwest Technical Institute-Springfield completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 68% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
782 degrees awarded
Black or African American
231 degrees awarded
Hispanic or Latino
73 degrees awarded

The most common race/ethnicity at Midwest Technical Institute-Springfield is white (782 degrees awarded). There were 3.39 times more white recipients than the next closest race/ethnicity group, black or african american (231 degrees).

2.48% of degree recipients (29 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
409 degrees awarded
White Male
373 degrees awarded
Black or African American Female
174 degrees awarded

The most common race/ethnicity and sex grouping at Midwest Technical Institute-Springfield is white female (409 degrees awarded). There were 1.1 times more white female recipients than the next closest race/ethnicity group, white male (373 degrees).