Med Academy

www.medacademy.edu/

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2021 Average Net Price

$24,612

After Financial Aid

2021 Enrolled Students

175

100% Full-Time

2021 Graduation Rate

82.9%

29 Graduates

About

Med Academy is a higher education institution located in Miami-Dade County, FL. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Med Academy were Radiographer (11 degrees awarded) and Magnetic Resonance Imaging (MRI) Technician (2 degrees).

In 2021, 26 degrees were awarded across all undergraduate and graduate programs at Med Academy. 53.8% of these degrees were awarded to women, and 46.2% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (21 degrees), 4.2 times more than then the next closest race/ethnicity group, white (5 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 $24,612.

In 2021, 89% of undergraduate students attending Med Academy received financial aid through grants. Comparatively, 86% of undergraduate students received financial aid through loans.

Average Net Price

$24,612

2021 Value

15.4%

1 Year Growth

In 2021 Med Academy had an average net price — the price paid after factoring in grants and loans — of $24,612. Between 2020 and 2021, the average net price of Med Academy grew by 15.4%.

This chart compares the average net price of Med Academy (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

89%

Undergraduates Receiving Financial Aid through Grants

86%

Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Med Academy received financial aid through grants or loans in 2021. This represents a decline of 9.18% with respect to 2020, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at Med Academy (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.

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Med Academy was 0%, which represents 0 out of the 34 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

Med Academy had a total enrollment of 175 students in 2021. The full-time enrollment at Med Academy is 175 students and the part-time enrollment is 0. This means that 100% of students enrolled at Med Academy are enrolled full-time.

The enrolled student population at Med Academy, both undergraduate and graduate, is 86.9% Hispanic or Latino, 7.43% White, 4.57% Black or African American, and 0.571% Asian.

Students enrolled at Med Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Female (56%), followed by Hispanic or Latino Male (30.9%) and White Female (5.71%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Med Academy in 2021, both undergraduate and graduate, is 175 students. The full-time enrollment at Med Academy is 175 and the part-time enrollment is 0.

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

Retention Rate over Time

86%

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 Med Academy was 86%. Compared with the full-time retention rate at similar (77%), Med Academy had a retention rate higher than its peers.

This chart shows the retention rate over time at Med Academy (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Hispanic or Latino
152 enrolled students
White
13 enrolled students
Black or African American
8 enrolled students

The enrolled student population at Med Academy is 86.9% Hispanic or Latino, 7.43% White, 4.57% Black or African American, and 0.571% 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.

Graduates

In 2021, 2 more women than men received degrees from Med Academy. The most common race/ethnicity group of degree recipients at Med Academy is hispanic or latino (21 degrees awarded). There were 4.2 times more hispanic or latino recipients than the next closest race/ethnicity group, white (5 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Med Academy is Radiographer (11 degrees awarded), followed by Magnetic Resonance Imaging (MRI) Technician (2 degrees).

In 2021, the most specialized majors across all degree types at Med Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (26 degrees awarded).

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 Med Academy 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 Med Academy in 2021 are Health (26 degrees awarded) (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 Med Academy are Surgeons, Physicians, Chief executives & legislators, Podiatrists, and Nurse anesthetists

The most specialized majors at Med Academy are Health (26 degrees awarded) (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 Med Academy are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,441,543 people), Outpatient care centers (214,960 people), Elementary & secondary schools (206,921 people), Offices of physicians (192,003 people), and Colleges, universities & professional schools, including junior colleges (122,299 people).

The most specialized majors at Med Academy are Health (26 degrees awarded) (as of 2021).

Majors Awarded

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

Most Common (2021)

Radiographer
11 degrees awarded
Magnetic Resonance Imaging (MRI) Technician
2 degrees awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Med Academy was Radiographer with 11 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 12 degrees were awarded to men at Med Academy, which is 0.857 times less than the number of degrees awarded to females (14).

This chart displays the sex disparity between the top 5 majors at Med Academy by degrees awarded.

Most Common Male Majors

In 2021, 6 degrees were awarded to men at Med Academy in Radiographer, which is 0.857 times less than the 7 female recipients with that same degree.

Most Common Female Majors

In 2021, 7 degrees were awarded to men at Med Academy in Radiographer, which is 1.17 times more than the 6 male recipients with that same degree.

Time to Complete

58%

100% Completion Time

58%

150% Completion Time

In 2021, 58% of students graduating from Med Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 58% completed their degrees within 150% of the normal time, and 58% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Med Academy is Male and White (100% graduation rate). Across all , Asian Female students have the highest graduation rate (72.9%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

Hispanic or Latino
21 degrees awarded
White
5 degrees awarded

The most common race/ethnicity at Med Academy is hispanic or latino (21 degrees awarded). There were 4.2 times more hispanic or latino recipients than the next closest race/ethnicity group, white (5 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Hispanic or Latino Female
14 degrees awarded
Hispanic or Latino Male
7 degrees awarded
White Male
5 degrees awarded

The most common race/ethnicity and sex grouping at Med Academy is hispanic or latino female (14 degrees awarded). There were 2 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (7 degrees).

Operations

Med Academy employs 1 Instructors. Most academics at Med Academy are Male Instructor (1), and Female Instructor (0).

The most common positions for non-instructional staff at Med Academy are: Office and Administrative Support, with 4 employees, Management, with 1 employees, and Business and Financial Operations with 1 employees.

Salary Expenditure

$591k

2021 Salaries

20%

decline from 2020

In 2021, Med Academy paid a median of $591k in salaries, a 20% decline from the previous year.

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

Instructional Salaries

$72.8k

Instructional Salaries

Number of Employees

In 2021, Med Academy paid a total of $72.8k to 1 employees working as instructors, which represents 12.3% of all salaries paid.

This is compared to a median of $398k (66.7%) for similar Unknown.

Occupations by Share

Instructor

Most Common Instructor

1 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

4 Employees

In 2021, the most common positions for instructional staff at Med Academy was Instructor with 1 employees.

In 2021, the most common positions for non-instructional staff at Med Academy were Office and Administrative Support with 4 employees, Management with 1 employees, and Business and Financial Operations with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Instructor
Female Instructor

In 2021, the most common demographic for instructional staff at Med Academy was Male Instructor with 1 employees, and Female Instructor with 0 employees.

This chart shows the sex split between each academic rank present at Med Academy.