Omnitech Institute (444796)

www.omnitech.edu

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2021 Average Net Price
$26,306
After Financial Aid
2019 Default Rate
7.35%
on Student Loans
2021 Enrolled Students
131
100% Full-Time

About

Omnitech Institute (444796) is a higher education institution located in Fulton County, GA. In 2021, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Omnitech Institute (444796) were Computer Engineering Technology (30 degrees awarded) and Digital Arts (19 degrees).

In 2021, 55 degrees were awarded across all undergraduate and graduate programs at Omnitech Institute (444796). 29.1% of these degrees were awarded to women, and 70.9% awarded men. The most common race/ethnicity group of degree recipients was black or african american (53 degrees), 53 times more than then the next closest race/ethnicity group, native hawaiian or other pacific islanders (1 degrees).

In 2019 the default rate for borrower's at Omnitech Institute (444796) was 7.35%, corresponding to 10 out of the 136 total borrowers.

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 $26,306.

In 2021, 98% of undergraduate students attending Omnitech Institute (444796) received financial aid through grants. Comparatively, 99% of undergraduate students received financial aid through loans.

Average Net Price

$26,306
2021 Value
2.35%
1 Year Growth

In 2021 Omnitech Institute (444796) had an average net price — the price paid after factoring in grants and loans — of $26,306. Between 2020 and 2021, the average net price of Omnitech Institute (444796) grew by 2.35%.

This chart compares the average net price of Omnitech Institute (444796) (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 by Income Level

98%
Undergraduates Receiving Financial Aid through Grants
99%
Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at Omnitech Institute (444796) received financial aid through grants or loans in 2021. This represents a growth of 84.9% with respect to 2020, when 53% of undergraduate students received financial aid.

This chart compares the average award discount at Omnitech Institute (444796) (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.
7.35%
2019 Default Rate
10
Number of Defaults

In 2019 the default rate for borrower's at Omnitech Institute (444796) was 7.35%, which represents 10 out of the 136 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

Omnitech Institute (444796) had a total enrollment of 131 students in 2021. The full-time enrollment at Omnitech Institute (444796) is 131 students and the part-time enrollment is 0. This means that 100% of students enrolled at Omnitech Institute (444796) are enrolled full-time.

The enrolled student population at Omnitech Institute (444796), both undergraduate and graduate, is 95.4% Black or African American, 3.05% Hispanic or Latino, 0.763% White, and 0.763% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Omnitech Institute (444796) in full-time Undergraduate programs are most commonly Black or African American Male (61.6%), followed by Black or African American Female (34.7%) and Hispanic or Latino Female (1.39%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Omnitech Institute (444796) in 2021, both undergraduate and graduate, is 131 students. The full-time enrollment at Omnitech Institute (444796) is 131 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Omnitech Institute (444796) (in red) compares to similar universities.

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Retention Rate over Time

82%
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 Omnitech Institute (444796) was 82%.

This chart shows the retention rate over time at Omnitech Institute (444796) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. Black or African American
    125 enrolled students
  2. Hispanic or Latino
    4 enrolled students
  3. White
    1 enrolled students

The enrolled student population at Omnitech Institute (444796) is 95.4% Black or African American, 3.05% Hispanic or Latino, 0.763% White, and 0.763% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2021, 23 fewer women than men received degrees from Omnitech Institute (444796). The most common race/ethnicity group of degree recipients at Omnitech Institute (444796) is black or african american (53 degrees awarded). There were 53 times more black or african american recipients than the next closest race/ethnicity group, native hawaiian or other pacific islanders (1 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Omnitech Institute (444796) is Computer Engineering Technology (30 degrees awarded), followed by Digital Arts (19 degrees).

In 2021,  the most specialized majors across all degree types at Omnitech Institute (444796), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (30 degrees awarded), Visual & Performing Arts (19 degrees), and Health (6 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 Omnitech Institute (444796) are Registered nurses (1,471,577 people), Other managers (179,256 people), Medical & health services managers (164,885 people), Nurse practitioners & nurse midwives (154,536 people), and Pharmacists (135,866 people).

The most specialized majors at Omnitech Institute (444796) in 2021 are Engineering Technologies (30 degrees awarded), Visual & Performing Arts (19 degrees), and Health (6 degrees) (as of 2021).

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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 Omnitech Institute (444796) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Omnitech Institute (444796) are Engineering Technologies (30 degrees awarded), Visual & Performing Arts (19 degrees), and Health (6 degrees) (as of 2021).

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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 Omnitech Institute (444796) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Omnitech Institute (444796) are Engineering Technologies (30 degrees awarded), Visual & Performing Arts (19 degrees), and Health (6 degrees) (as of 2021).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Omnitech Institute (444796).
Most Common (2021)
  1. Computer Engineering Technology
    30 degrees awarded
  2. Digital Arts
    19 degrees awarded

In 2021, the most common N/A concentration at Omnitech Institute (444796) was Computer Engineering Technology with 30 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Omnitech Institute (444796) according to their major.

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Sex Breakdown for Common Majors

39
Degrees Awarded to Men
in 2021
16
Degrees Awarded to Women
in 2021

In 2021, 39 degrees were awarded to men at Omnitech Institute (444796), which is 2.44 times more than the number of degrees awarded to females (16).

This chart displays the sex disparity between the top 5 majors at Omnitech Institute (444796) by degrees awarded.

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Most Common Male Majors

In 2021, 24 degrees were awarded to men at Omnitech Institute (444796) in Computer Engineering Technology, which is 4 times more than the 6 female recipients with that same degree.

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Most Common Female Majors

In 2021, 6 degrees were awarded to women at Omnitech Institute (444796) in Medical Assistant. There were no male recipients with the same degree.

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Time to Complete

49%
100% Completion Time
57%
150% Completion Time

In 2021, 49% of students graduating from Omnitech Institute (444796) 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 60% 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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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. Black or African American
    53 degrees awarded
  2. Native Hawaiian or Other Pacific Islanders
    1 degrees awarded
  3. Hispanic or Latino
    1 degrees awarded

The most common race/ethnicity at Omnitech Institute (444796) is black or african american (53 degrees awarded). There were 53 times more black or african american recipients than the next closest race/ethnicity group, native hawaiian or other pacific islanders (1 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. Black or African American Male
    37 degrees awarded
  2. Black or African American Female
    16 degrees awarded
  3. Native Hawaiian or Other Pacific Islanders Male
    1 degrees awarded

The most common race/ethnicity and sex grouping at Omnitech Institute (444796) is black or african american male (37 degrees awarded). There were 2.31 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (16 degrees).

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Operations

Salary Expenditure

$411k
2021 Salaries
40.5%
decline from 2020

In 2021, Omnitech Institute (444796) paid a median of $411k in salaries, a 40.5% decline from the previous year. This is compared to a 31.2% growth between 2019 and 2020, and a 14.1% decline between 2018 and 2019.

The median for similar is 668k (13.2% of overall expenditures).

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