Milan Institute-Merced

www.milaninstitute.edu/

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2021 Average Net Price

$24,630

After Financial Aid

2019 Student Loan

3.25%

Default Rate

2021 Enrolled Students

254

100% Full-Time

About

Milan Institute-Merced is a higher education institution located in Merced County, CA. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Milan Institute-Merced were General Cosmetology (29 degrees awarded) and Barbering (5 degrees).

In 2021, 168 degrees were awarded across all undergraduate and graduate programs at Milan Institute-Merced. 95.8% of these degrees were awarded to women, and 4.17% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (122 degrees), 4.52 times more than then the next closest race/ethnicity group, white (27 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 $24,630.

In 2021, 62% of undergraduate students attending Milan Institute-Merced received financial aid through grants. Comparatively, 59% of undergraduate students received financial aid through loans.

Average Net Price

$24,630

2021 Value

11.9%

1 Year Growth

In 2021 Milan Institute-Merced had an average net price — the price paid after factoring in grants and loans — of $24,630. Between 2020 and 2021, the average net price of Milan Institute-Merced grew by 11.9%.

This chart compares the average net price of Milan Institute-Merced (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

62%

Undergraduates Receiving Financial Aid through Grants

59%

Undergraduates Receiving Financial Aid through Loans

62% of undergraduate students at Milan Institute-Merced received financial aid through grants or loans in 2021. This represents a decline of 15.1% with respect to 2020, when 73% of undergraduate students received financial aid.

This chart compares the average award discount at Milan Institute-Merced (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.

3.25%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Milan Institute-Merced was 3.25%, which represents 39 out of the 1200 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

Milan Institute-Merced had a total enrollment of 254 students in 2021. The full-time enrollment at Milan Institute-Merced is 254 students and the part-time enrollment is 0. This means that 100% of students enrolled at Milan Institute-Merced are enrolled full-time.

The enrolled student population at Milan Institute-Merced, both undergraduate and graduate, is 67.3% Hispanic or Latino, 16.5% White, 6.69% Black or African American, 3.54% Two or More Races, 1.97% Asian, 0.394% Native Hawaiian or Other Pacific Islanders, and 0.394% American Indian or Alaska Native.

Students enrolled at Milan Institute-Merced in full-time Undergraduate programs are most commonly Hispanic or Latino Female (61.8%), followed by White Female (15.7%) and Black or African American Female (5.91%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Milan Institute-Merced in 2021, both undergraduate and graduate, is 254 students. The full-time enrollment at Milan Institute-Merced is 254 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Milan Institute-Merced (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 Milan Institute-Merced was 70%. Compared with the full-time retention rate at similar (77%), Milan Institute-Merced had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Hispanic or Latino
171 enrolled students
White
42 enrolled students
Black or African American
17 enrolled students

The enrolled student population at Milan Institute-Merced is 67.3% Hispanic or Latino, 16.5% White, 6.69% Black or African American, 3.54% Two or More Races, 1.97% Asian, 0.394% Native Hawaiian or Other Pacific Islanders, and 0.394% 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, 154 more women than men received degrees from Milan Institute-Merced. The most common race/ethnicity group of degree recipients at Milan Institute-Merced is hispanic or latino (122 degrees awarded). There were 4.52 times more hispanic or latino recipients than the next closest race/ethnicity group, white (27 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Milan Institute-Merced is General Cosmetology (29 degrees awarded), followed by Barbering (5 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 Milan Institute-Merced are Registered nurses (1,332,143 people), Medical & health services managers (145,611 people), Nurse practitioners & nurse midwives (131,680 people), Pharmacists (131,120 people), and Physicians (106,819 people).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Milan Institute-Merced are Chief executives & legislators, Surgeons, Physicians, Podiatrists, and Nurse anesthetists

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 Milan Institute-Merced are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,442,537 people), Outpatient care centers (215,028 people), Elementary & secondary schools (208,642 people), Offices of physicians (192,448 people), and Colleges, universities & professional schools, including junior colleges (123,331 people).

Majors Awarded

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

Most Common (2021)

General Cosmetology
29 degrees awarded
Barbering
5 degrees awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Milan Institute-Merced was General Cosmetology with 29 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

161

Degrees Awarded to Women

in 2021

In 2021, 7 degrees were awarded to men at Milan Institute-Merced, which is 0.0435 times less than the number of degrees awarded to females (161).

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

Most Common Male Majors

In 2021, 3 degrees were awarded to men at Milan Institute-Merced in Barbering, which is 1.5 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2021, 75 degrees were awarded to men at Milan Institute-Merced in Medical Assistant, which is 75 times more than the 1 male recipients with that same degree.

Time to Complete

12%

100% Completion Time

46%

150% Completion Time

In 2021, 12% of students graduating from Milan Institute-Merced completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 46% completed their degrees within 150% of the normal time, and 52% 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)

Hispanic or Latino
122 degrees awarded
White
27 degrees awarded
Black or African American
6 degrees awarded

The most common race/ethnicity at Milan Institute-Merced is hispanic or latino (122 degrees awarded). There were 4.52 times more hispanic or latino recipients than the next closest race/ethnicity group, white (27 degrees).

3.57% of degree recipients (6 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Hispanic or Latino Female
116 degrees awarded
White Female
27 degrees awarded
Black or African American Female
6 degrees awarded

The most common race/ethnicity and sex grouping at Milan Institute-Merced is hispanic or latino female (116 degrees awarded). There were 4.3 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (27 degrees).