Millennium Training Institute

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2020 Average Net Price
$19,386
After Financial Aid
2018 Student Loan
5.26%
Default Rate
2020 Enrolled Students
152
100% Full-Time

About

Millennium Training Institute is a higher education institution located in Middlesex County, MA. In 2016, the most popular Bachelor's Degree concentrations at Millennium Training Institute were .

In 2020, 85 degrees were awarded across all undergraduate and graduate programs at Millennium Training Institute. 85.9% of these degrees were awarded to women, and 14.1% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (25 degrees), 1.14 times more than then the next closest race/ethnicity group, black or african american (22 degrees).

The median undergraduate tuition at Millennium Training Institute is $0, which is $−11,500 less than the national average for ($11,500).

Costs

The median undergraduate tuition at Millennium Training Institute is $0, which is $−11,500 less than the national average for ($11,500).

After taking grants and loans into account, the average net price for students is $19,386.

In 2020, 66% of undergraduate students attending Millennium Training Institute received financial aid through grants. Comparatively, 35% of undergraduate students received financial aid through loans.

Average Net Price

$19,386
2020 Value
7.14%
1 Year Growth

In 2020 Millennium Training Institute had an average net price — the price paid after factoring in grants and loans — of $19,386. Between 2019 and 2020, the average net price of Millennium Training Institute grew by 7.14%.

This chart compares the average net price of Millennium Training 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.

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Financial Aid

Financial Aid by Income Level

66%
Undergraduates Receiving Financial Aid through Grants
35%
Undergraduates Receiving Financial Aid through Loans

66% of undergraduate students at Millennium Training Institute received financial aid through grants or loans in 2020. This represents a growth of 4.76% with respect to 2019, when 63% of undergraduate students received financial aid.

This chart compares the average award discount at Millennium Training 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.

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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.
5.26%
2018 Default Rate
2
Number of Defaults

In 2018 the default rate for borrower's at Millennium Training Institute was 5.26%, which represents 2 out of the 38 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

Millennium Training Institute has a total enrollment of 152 students. The full-time enrollment at Millennium Training Institute is 152 students and the part-time enrollment is 0. This means that 100% of students enrolled at Millennium Training Institute are enrolled full-time.

The enrolled student population at Millennium Training Institute, both undergraduate and graduate, is 36.2% White, 25% Black or African American, 21.1% Hispanic or Latino, 7.89% Asian, 6.58% Two or More Races, 0.658% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Millennium Training Institute in full-time Undergraduate programs are most commonly White Female (30.9%), followed by Black or African American Female (19.7%) and Hispanic or Latino Female (19.7%). 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 Millennium Training Institute, both undergraduate and graduate, is 152 students. The full-time enrollment at Millennium Training Institute is 152 and the part-time enrollment is 0. This means that 100% of students enrolled at Millennium Training Institute are enrolled full-time compared with 65.9% at similar .

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

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Retention Rate over Time

N/A%
N/A 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 Millennium Training Institute was N/A%. Compared with the full-time retention rate at similar (77%), Millennium Training Institute had a retention rate approximately the same as its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    55
  2. Black or African American
    38
  3. Hispanic or Latino
    32

The enrolled student population at Millennium Training Institute is 36.2% White, 25% Black or African American, 21.1% Hispanic or Latino, 7.89% Asian, 6.58% Two or More Races, 0.658% American Indian or Alaska Native, 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 37.9% White, 24.6% Hispanic or Latino, and 18.7% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 0 students (0%) did not report their race.

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Graduates

In 2020, 61 more women than men received degrees from Millennium Training Institute. The most common race/ethnicity group of degree recipients at Millennium Training Institute is hispanic or latino (25 degrees awarded). There were 1.14 times more hispanic or latino graduates than the next closest race/ethnicity group, black or african american (22 degrees).

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

The most specialized majors across all degree types at Millennium Training Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (51 degrees awarded), Business (28 degrees), and Computer and Information Sciences and Support Services (6 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Millennium Training Institute are Registered nurses (1,369,389 people), Accountants & auditors (1,046,693 people), Other managers (726,086 people), Software developers (538,082 people), and Financial managers (456,022 people).

The most specialized majors at Millennium Training Institute are Health (51 degrees awarded), Business (28 degrees), and Computer and Information Sciences and Support Services (6 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Millennium Training Institute are Magnetic resonance imaging technologists, Surgeons, Physicians, Nuclear medicine technologists and medical dosimetrists, and Architectural & engineering managers

The most specialized majors at Millennium Training Institute are Health (51 degrees awarded), Business (28 degrees), and Computer and Information Sciences and Support Services (6 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Millennium Training Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,736,654 people), Computer Systems Design (899,236 people), Elementary & secondary schools (648,680 people), Banking & related activities (521,306 people), and Insurance carriers (498,860 people).

The most specialized majors at Millennium Training Institute are Health (51 degrees awarded), Business (28 degrees), and Computer and Information Sciences and Support Services (6 degrees).

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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 Millennium Training Institute.
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 Millennium Training Institute was N/A with N/A degrees awarded.

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

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Sex Breakdown for Common Majors

12
Degrees Awarded to Men
in 2020
73
Degrees Awarded to Women
in 2020

In 2020, 12 degrees were awarded to men at Millennium Training Institute, which is 0.164 times less than the number of degrees awarded to females (73).

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

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Most Common Male Majors

In false, 5 degrees were awarded to men at Millennium Training Institute in Accounting Technology & Bookkeeping, which is 0.217 times less than the 23 female recipients with that same degree.

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Most Common Female Majors

In false, 33 degrees were awarded to women at Millennium Training Institute in Medical Assistant, which is 33 times more than the 1 male recipients with that same degree.

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Time to Complete

57%
100% Completion Time
90%
150% Completion Time

In 2020, 57% of students graduating from Millennium Training Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 90% completed their degrees within 150% of the normal time, and 90% 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 Sex

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

The student demographic with the highest graduation rate at Millennium Training Institute is N/A and N/A (N/A% 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, 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. Hispanic or Latino
    25 degrees awarded
  2. Black or African American
    22 degrees awarded
  3. White
    19 degrees awarded

The most common race/ethnicity at Millennium Training Institute is hispanic or latino (25 degrees awarded). There were 1.14 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (22 degrees).

1.18% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. Hispanic or Latino Female
    23 degrees awarded
  2. Black or African American Female
    18 degrees awarded
  3. White Female
    16 degrees awarded

The most common race/ethnicity and sex grouping at Millennium Training Institute is hispanic or latino female (23 degrees awarded). There were 1.28 times more hispanic or latino female recipients than the next closest race/ethnicity group, black or african american female (18 degrees).

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Operations

Millennium Training 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 0.162% average return ($14.1k on $8.7M) across all .

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

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

Finances

Endowment

0%
growth from 2019

This line chart shows how the endowment at Millennium Training 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.

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Government Grants and Contracts

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

As of 2020, Millennium Training Institute received $0 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

$835k
2020 Salaries
2.04%
growth from 2019

In 2020, Millennium Training Institute paid a median of $835k in salaries, which represents NaNk% of their overall expenditure ($N/A) and a 2.04% growth from the previous year. This is compared to a 7.89% decline from 2018 and a 2.67% decline from 2017.

The median for similar is 613k (11.6% of overall expenditures).

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Instructional Salaries

$N/A
Instructional Salaries
0
Number of Employees

In N/A, Millennium Training 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 $348k (56.8%) for similar Unknown.

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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 Millennium Training 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 Millennium Training Institute 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 Sex

This chart shows the sex split between each academic rank present at Millennium Training Institute.

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