Abcott Institute

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2021 Average Net Price
$2,846
After Financial Aid
2019 Student Loan
7.56%
Default Rate
2021 Enrolled Students
110
100% Full-Time

About

Abcott Institute is a higher education institution located in Oakland County, MI. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Abcott Institute were Other Practical Nursing, Vocational Nursing, & Nursing Assistants (10 degrees awarded) and Surgical Technologist (6 degrees).

In 2021, 108 degrees were awarded across all undergraduate and graduate programs at Abcott Institute. 88% of these degrees were awarded to women, and 12% awarded men. The most common race/ethnicity group of degree recipients was black or african american (86 degrees), 6.62 times more than then the next closest race/ethnicity group, white (13 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $2,846.

In 2021, 48% of undergraduate students attending Abcott Institute received financial aid through grants. Comparatively, 42% of undergraduate students received financial aid through loans.

Average Net Price

$2,846
2021 Value

In 2021 Abcott Institute had an average net price — the price paid after factoring in grants and loans — of $2,846. Between 2020 and 2021, the average net price of Abcott Institute grew by 0%.

This chart compares the average net price of Abcott 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 by Income Level

48%
Undergraduates Receiving Financial Aid through Grants
42%
Undergraduates Receiving Financial Aid through Loans

48% of undergraduate students at Abcott Institute received financial aid through grants or loans in 2021. This represents a growth of 6.67% with respect to 2020, when 45% of undergraduate students received financial aid.

This chart compares the average award discount at Abcott 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.
7.56%
2019 Default Rate
9
Number of Defaults

In 2019 the default rate for borrower's at Abcott Institute was 7.56%, which represents 9 out of the 119 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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bookEnrollment

Abcott Institute had a total enrollment of 110 students in 2021. The full-time enrollment at Abcott Institute is 110 students and the part-time enrollment is 0. This means that 100% of students enrolled at Abcott Institute are enrolled full-time.

The enrolled student population at Abcott Institute, both undergraduate and graduate, is 94.5% Black or African American, 4.55% White, and 0.909% Asian.

Students enrolled at Abcott Institute in full-time Undergraduate programs are most commonly Black or African American Female (86.4%), followed by Black or African American Male (8.18%) and White Female (3.64%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Abcott Institute in 2021, both undergraduate and graduate, is 110 students. The full-time enrollment at Abcott Institute is 110 and the part-time enrollment is 0.

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

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Retention Rate over Time

28%
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 Abcott Institute was 28%. Compared with the full-time retention rate at similar (77%), Abcott Institute had a retention rate lower than its peers.

This chart shows the retention rate over time at Abcott Institute (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
    104 enrolled students
  2. White
    5 enrolled students
  3. Asian
    1 enrolled students

The enrolled student population at Abcott Institute is 94.5% Black or African American, 4.55% White, and 0.909% Asian. 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.

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learningGraduates

In 2021, 82 more women than men received degrees from Abcott Institute. The most common race/ethnicity group of degree recipients at Abcott Institute is black or african american (86 degrees awarded). There were 6.62 times more black or african american recipients than the next closest race/ethnicity group, white (13 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Abcott Institute is Other Practical Nursing, Vocational Nursing, & Nursing Assistants (10 degrees awarded), followed by Surgical Technologist (6 degrees).

In 2021,  the most specialized majors across all degree types at Abcott Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (103 degrees awarded) and Mechanical Technologies (5 degrees).

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 Abcott Institute are Registered nurses (1,331,984 people), Medical & health services managers (145,611 people), Nurse practitioners & nurse midwives (131,680 people), Pharmacists (131,120 people), and Physicians (106,819 people).

The most specialized majors at Abcott Institute in 2021 are Health (103 degrees awarded) and Mechanical Technologies (5 degrees) (as of 2021).

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Highest Paying Jobs by Major

Highest Paying Job

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

The most specialized majors at Abcott Institute are Health (103 degrees awarded) and Mechanical Technologies (5 degrees) (as of 2021).

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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 Abcott Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,441,631 people), Outpatient care centers (215,047 people), Elementary & secondary schools (207,120 people), Offices of physicians (192,003 people), and Colleges, universities & professional schools, including junior colleges (122,529 people).

The most specialized majors at Abcott Institute are Health (103 degrees awarded) and Mechanical Technologies (5 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 Abcott Institute.

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Abcott Institute was Other Practical Nursing, Vocational Nursing, & Nursing Assistants with 10 degrees awarded.

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

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Sex Breakdown for Common Majors

13
Degrees Awarded to Men
in 2021
95
Degrees Awarded to Women
in 2021

In 2021, 13 degrees were awarded to men at Abcott Institute, which is 0.137 times less than the number of degrees awarded to females (95).

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

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Most Common Male Majors

In 2021, 6 degrees were awarded to men at Abcott Institute in General Health Services, which is 0.105 times less than the 57 female recipients with that same degree.

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Most Common Female Majors

In 2021, 57 degrees were awarded to men at Abcott Institute in General Health Services, which is 9.5 times more than the 6 male recipients with that same degree.

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Time to Complete

51%
100% Completion Time
59%
150% Completion Time

In 2021, 51% of students graduating from Abcott Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 62% 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
    86 degrees awarded
  2. White
    13 degrees awarded
  3. Asian
    5 degrees awarded

The most common race/ethnicity at Abcott Institute is black or african american (86 degrees awarded). There were 6.62 times more black or african american recipients than the next closest race/ethnicity group, white (13 degrees).

0.926% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. Black or African American Female
    75 degrees awarded
  2. Black or African American Male
    11 degrees awarded
  3. White Female
    11 degrees awarded

The most common race/ethnicity and sex grouping at Abcott Institute is black or african american female (75 degrees awarded). There were 6.82 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (11 degrees).

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Salary Expenditure

$1.04M
2021 Salaries
14%
decline from 2020

In 2021, Abcott Institute paid a median of $1.04M in salaries, a 14% decline from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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