Summit Academy Opportunities Industrialization Center

www.saoic.org/

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2021 Average Net Price

$16,725

After Financial Aid

2019 Student Loan

4.56%

Default Rate

2021 Enrolled Students

409

100% Full-Time

About

Summit Academy Opportunities Industrialization Center is a higher education institution located in Hennepin County, MN. In 2019, the most popular < 1 Year Postsecondary Certificate concentrations at Summit Academy Opportunities Industrialization Center were General Construction Trades (251 degrees awarded), Medical Administrative Assistant (66 degrees), and Community Health Services (61 degrees).

In 2021, 355 degrees were awarded across all undergraduate and graduate programs at Summit Academy Opportunities Industrialization Center. 37.2% of these degrees were awarded to women, and 62.8% awarded men. The most common race/ethnicity group of degree recipients was black or african american (149 degrees), 1.64 times more than then the next closest race/ethnicity group, white (91 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 $16,725.

In 2021, 100% of undergraduate students attending Summit Academy Opportunities Industrialization Center received financial aid through grants.

Average Net Price

$16,725

2021 Value

64.6%

1 Year Growth

In 2021 Summit Academy Opportunities Industrialization Center had an average net price — the price paid after factoring in grants and loans — of $16,725. Between 2020 and 2021, the average net price of Summit Academy Opportunities Industrialization Center grew by 64.6%.

This chart compares the average net price of Summit Academy Opportunities Industrialization Center (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

100%

Undergraduates Receiving Financial Aid through Grants

100% of undergraduate students at Summit Academy Opportunities Industrialization Center received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Summit Academy Opportunities Industrialization Center (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.

4.56%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Summit Academy Opportunities Industrialization Center was 4.56%, which represents 86 out of the 1884 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

Summit Academy Opportunities Industrialization Center had a total enrollment of 409 students in 2021. The full-time enrollment at Summit Academy Opportunities Industrialization Center is 409 students and the part-time enrollment is 0. This means that 100% of students enrolled at Summit Academy Opportunities Industrialization Center are enrolled full-time.

The enrolled student population at Summit Academy Opportunities Industrialization Center, both undergraduate and graduate, is 44.7% Black or African American, 14.7% White, 12.5% Hispanic or Latino, 11% Two or More Races, 9.78% Asian, 2.69% American Indian or Alaska Native, and 0.244% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Summit Academy Opportunities Industrialization Center in full-time Undergraduate programs are most commonly Black or African American Male (27.1%), followed by Black or African American Female (17.6%) and White Male (10.8%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Summit Academy Opportunities Industrialization Center in 2021, both undergraduate and graduate, is 409 students. The full-time enrollment at Summit Academy Opportunities Industrialization Center is 409 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Summit Academy Opportunities Industrialization Center (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Black or African American
183 enrolled students
White
60 enrolled students
Hispanic or Latino
51 enrolled students

The enrolled student population at Summit Academy Opportunities Industrialization Center is 44.7% Black or African American, 14.7% White, 12.5% Hispanic or Latino, 11% Two or More Races, 9.78% Asian, 2.69% American Indian or Alaska Native, and 0.244% 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 34.9% White, 24.8% Hispanic or Latino, and 17.5% 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, 11 students (2.69%) did not report their race.

Graduates

In 2021, 91 fewer women than men received degrees from Summit Academy Opportunities Industrialization Center. The most common race/ethnicity group of degree recipients at Summit Academy Opportunities Industrialization Center is black or african american (149 degrees awarded). There were 1.64 times more black or african american recipients than the next closest race/ethnicity group, white (91 degrees).

The most common < 1 Year Postsecondary Certificate concentration at Summit Academy Opportunities Industrialization Center is General Construction Trades (251 degrees awarded), followed by Medical Administrative Assistant (66 degrees) and Community Health Services (61 degrees).

In 2021, the most specialized majors across all degree types at Summit Academy Opportunities Industrialization Center, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (201 degrees awarded), Computer and Information Sciences and Support Services (69 degrees), and Health (85 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 Summit Academy Opportunities Industrialization Center are Registered nurses (1,340,354 people), Software developers (484,119 people), Other managers (160,282 people), Medical & health services managers (150,744 people), and Pharmacists (132,696 people).

The most specialized majors at Summit Academy Opportunities Industrialization Center in 2021 are Construction (201 degrees awarded), Computer and Information Sciences and Support Services (69 degrees), and Health (85 degrees) (as of 2021).

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 Summit Academy Opportunities Industrialization Center are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Chief executives & legislators

The most specialized majors at Summit Academy Opportunities Industrialization Center are Construction (201 degrees awarded), Computer and Information Sciences and Support Services (69 degrees), and Health (85 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 Summit Academy Opportunities Industrialization Center are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,493,774 people), Computer Systems Design (541,518 people), Elementary & secondary schools (262,476 people), Outpatient care centers (224,980 people), and Offices of physicians (202,025 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Summit Academy Opportunities Industrialization Center.

Most Common (2019)

General Construction Trades
251 degree-majors awarded
Medical Administrative Assistant
66 degree-majors awarded
Community Health Services
61 degree-majors awarded

In 2019, the most common < 1 year postsecondary certificate concentration at Summit Academy Opportunities Industrialization Center was General Construction Trades with 251 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from < 1 year postsecondary certificate programs at Summit Academy Opportunities Industrialization Center according to their major.

Sex Breakdown for Common Majors

223

Degrees Awarded to Men

in 2021

132

Degrees Awarded to Women

in 2021

In 2021, 223 degrees were awarded to men at Summit Academy Opportunities Industrialization Center, which is 1.69 times more than the number of degrees awarded to females (132).

This chart displays the sex disparity between the top 5 majors at Summit Academy Opportunities Industrialization Center by degrees awarded.

Most Common Male Majors

In 2021, 161 degrees were awarded to men at Summit Academy Opportunities Industrialization Center in General Construction Trades, which is 4.03 times more than the 40 female recipients with that same degree.

Most Common Female Majors

In 2021, 69 degrees were awarded to men at Summit Academy Opportunities Industrialization Center in Medical Administrative Assistant, which is 9.86 times more than the 7 male recipients with that same degree.

Time to Complete

54%

100% Completion Time

57%

150% Completion Time

In 2021, 54% of students graduating from Summit Academy Opportunities Industrialization Center completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 57% 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)

Black or African American
149 degrees awarded
White
91 degrees awarded
Two or More Races
46 degrees awarded

The most common race/ethnicity at Summit Academy Opportunities Industrialization Center is black or african american (149 degrees awarded). There were 1.64 times more black or african american recipients than the next closest race/ethnicity group, white (91 degrees).

2.82% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Male
82 degrees awarded
Black or African American Female
67 degrees awarded
White Male
62 degrees awarded

The most common race/ethnicity and sex grouping at Summit Academy Opportunities Industrialization Center is black or african american male (82 degrees awarded). There were 1.22 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (67 degrees).

Operations

Government Grants and Contracts

Grants & Contracts

$4.28M - Federal
$2.14M - State
$1.03M - Local

As of 2021, Summit Academy Opportunities Industrialization Center received $4.28M in grants and contracts from the federal government, $2.14M from state grants and contracts, and $1.03M from local grants and contracts.