Omega Studios' School of Applied Recording Arts & Sciences

www.omegastudios.com

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2020 Default Rate

on Student Loans

2022 Enrolled Students

0% Full-Time

About

Omega Studios' School of Applied Recording Arts & Sciences is a higher education institution located in Montgomery County, MD.

In 2022, 17 degrees were awarded across all undergraduate and graduate programs at Omega Studios' School of Applied Recording Arts & Sciences. 11.8% of these degrees were awarded to women, and 88.2% awarded men. The most common race/ethnicity group of degree recipients was white (6 degrees), 1.5 times more than then the next closest race/ethnicity group, hispanic or latino (4 degrees).

In 2020 the default rate for borrower's at Omega Studios' School of Applied Recording Arts & Sciences was 0%, corresponding to 0 out of the 45 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

In 2022, 39% of undergraduate students attending Omega Studios' School of Applied Recording Arts & Sciences received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Average Net Price

This chart compares the average net price of Omega Studios' School of Applied Recording Arts & Sciences (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

39%

Undergraduates Receiving Financial Aid through Grants

39%

Undergraduates Receiving Financial Aid through Loans

39% of undergraduate students at Omega Studios' School of Applied Recording Arts & Sciences received financial aid through grants or loans in 2022. This represents a growth of 11.4% with respect to 2021, when 35% of undergraduate students received financial aid.

This chart compares the average award discount at Omega Studios' School of Applied Recording Arts & Sciences (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Omega Studios' School of Applied Recording Arts & Sciences was 0%, which represents 0 out of the 45 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

Omega Studios' School of Applied Recording Arts & Sciences had a total enrollment of 86 students in 2022. The full-time enrollment at Omega Studios' School of Applied Recording Arts & Sciences is 0 students and the part-time enrollment is 86. This means that 0% of students enrolled at Omega Studios' School of Applied Recording Arts & Sciences are enrolled full-time.

The enrolled student population at Omega Studios' School of Applied Recording Arts & Sciences, both undergraduate and graduate, is 38.4% Black or African American, 30.2% White, 15.1% Hispanic or Latino, 6.98% Two or More Races, 3.49% Asian, and 1.16% American Indian or Alaska Native.

Full-Time vs Part-Time Enrollment

Full-Time Enrollment

The total enrollment at Omega Studios' School of Applied Recording Arts & Sciences in 2022, both undergraduate and graduate, is 86 students. The full-time enrollment at Omega Studios' School of Applied Recording Arts & Sciences is 0 and the part-time enrollment is 86.

This chart shows the full-time vs part-time enrollment status at Omega Studios' School of Applied Recording Arts & Sciences (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Black or African American
33 enrolled students
White
26 enrolled students
Hispanic or Latino
13 enrolled students

The enrolled student population at Omega Studios' School of Applied Recording Arts & Sciences is 38.4% Black or African American, 30.2% White, 15.1% Hispanic or Latino, 6.98% Two or More Races, 3.49% Asian, and 1.16% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 13 fewer women than men received degrees from Omega Studios' School of Applied Recording Arts & Sciences. The most common race/ethnicity group of degree recipients at Omega Studios' School of Applied Recording Arts & Sciences is white (6 degrees awarded). There were 1.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (4 degrees).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Omega Studios' School of Applied Recording Arts & Sciences.

N/A

Most Common (2022)

N/A degrees awarded

In 2022, the most common N/A concentration at Omega Studios' School of Applied Recording Arts & Sciences was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Omega Studios' School of Applied Recording Arts & Sciences according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 15 degrees were awarded to men at Omega Studios' School of Applied Recording Arts & Sciences, which is 7.5 times more than the number of degrees awarded to females (2).

This chart displays the sex disparity between the top 5 majors at Omega Studios' School of Applied Recording Arts & Sciences by degrees awarded.

Most Common Male Majors

In 2022, 15 degrees were awarded to men at Omega Studios' School of Applied Recording Arts & Sciences in Recording Arts Technology, which is 7.5 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2022, 2 degrees were awarded to men at Omega Studios' School of Applied Recording Arts & Sciences in Recording Arts Technology, which is 0.133 times less than the 15 male recipients with that same degree.

Time to Complete

100% Completion Time

45%

150% Completion Time

In 2020, 9% of students graduating from Omega Studios' School of Applied Recording Arts & Sciences completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 45% 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 (2022)

White
6 degrees awarded
Hispanic or Latino
4 degrees awarded
Black or African American
4 degrees awarded

The most common race/ethnicity at Omega Studios' School of Applied Recording Arts & Sciences is white (6 degrees awarded). There were 1.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (4 degrees).

17.6% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
6 degrees awarded
Black or African American Male
4 degrees awarded
Hispanic or Latino Male
3 degrees awarded

The most common race/ethnicity and sex grouping at Omega Studios' School of Applied Recording Arts & Sciences is white male (6 degrees awarded). There were 1.5 times more white male recipients than the next closest race/ethnicity group, black or african american male (4 degrees).

Operations

Salary Expenditure

$1.23M

2022 Salaries

2.38%

decline from 2021

In 2022, Omega Studios' School of Applied Recording Arts & Sciences paid a median of $1.23M in salaries, a 2.38% decline from the previous year. This is compared to a 7.28% decline between 2020 and 2021, and a 11.4% decline between 2019 and 2020.

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

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