Elite Welding Academy

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2023 Average Net Price
$21,464
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
29
100% Full-Time

About

Elite Welding Academy is a higher education institution located in Harris County, TX. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Elite Welding Academy were Welding Technology (30 degrees awarded).

In 2020 the default rate for borrower's at Elite Welding Academy was 0%, corresponding to 0 out of the 54 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $21,464.

In 2023, 59% of undergraduate students attending Elite Welding Academy received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Average Net Price

$21,464
2023 Value
0.121%
1 Year Growth

In 2023 Elite Welding Academy had an average net price — the price paid after factoring in grants and loans — of $21,464. Between 2022 and 2023, the average net price of Elite Welding Academy grew by 0.121%.

This chart compares the average net price of Elite Welding 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.

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Financial Aid by Income Level

59%
Undergraduates Receiving Financial Aid through Grants
39%
Undergraduates Receiving Financial Aid through Loans

59% of undergraduate students at Elite Welding Academy received financial aid through grants or loans in 2023. This represents a decline of 11.9% with respect to 2022, when 67% of undergraduate students received financial aid.

This chart compares the average award discount at Elite Welding 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.

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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Elite Welding Academy was 0%, which represents 0 out of the 54 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

Elite Welding Academy had a total enrollment of 29 students in 2023. The full-time enrollment at Elite Welding Academy is 29 students and the part-time enrollment is 0. This means that 100% of students enrolled at Elite Welding Academy are enrolled full-time.

The enrolled student population at Elite Welding Academy, both undergraduate and graduate, is 34.5% Hispanic or Latino, 10.3% Black or African American, 6.9% White, 3.45% American Indian or Alaska Native, and 3.45% Two or More Races.

Students enrolled at Elite Welding Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Male (44.9%), followed by Black or African American Male (10.2%) and White Male (8.16%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Elite Welding Academy in 2023, both undergraduate and graduate, is 29 students. The full-time enrollment at Elite Welding Academy is 29 and the part-time enrollment is 0.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Hispanic or Latino
    10 enrolled students
  2. Black or African American
    3 enrolled students
  3. White
    2 enrolled students

The enrolled student population at Elite Welding Academy is 34.5% Hispanic or Latino, 10.3% Black or African American, 6.9% White, 3.45% American Indian or Alaska Native, and 3.45% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In N/A, N/A N/A women than men received degrees from Elite Welding Academy. The most common race/ethnicity group of degree recipients at Elite Welding Academy is hispanic or latino (19 degrees awarded). There were 2.71 times more hispanic or latino recipients than the next closest race/ethnicity group, white (7 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Elite Welding Academy is Welding Technology (30 degrees awarded).

In 2023,  the most specialized majors across all degree types at Elite Welding Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (30 degrees awarded).

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 Elite Welding Academy are Other managers (3,930,642 people), Driver/sales workers & truck drivers (2,998,637 people), Registered nurses (2,822,275 people), Elementary & middle school teachers (2,644,301 people), and Firstline supervisors of retail sales workers (2,478,609 people).

The most specialized majors at Elite Welding Academy in 2023 are Precision Production (30 degrees awarded) (as of 2023).

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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 Elite Welding Academy are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Elite Welding Academy are Precision Production (30 degrees awarded) (as of 2023).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Elite Welding Academy 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 Elite Welding Academy are Precision Production (30 degrees awarded) (as of 2023).

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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 Elite Welding Academy.
Most Common (2023)
30 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Elite Welding Academy was Welding Technology with 30 degrees awarded.

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

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Time to Complete

29%
100% Completion Time
71%
150% Completion Time

In 2023, 29% of students graduating from Elite Welding Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 71% 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 (2023)
  1. Hispanic or Latino
    19 degrees awarded
  2. White
    7 degrees awarded
  3. Black or African American
    1 degrees awarded

The most common race/ethnicity at Elite Welding Academy is hispanic or latino (19 degrees awarded). There were 2.71 times more hispanic or latino recipients than the next closest race/ethnicity group, white (7 degrees).

6.67% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Male
    17 degrees awarded
  2. White Male
    7 degrees awarded
  3. Hispanic or Latino Female
    2 degrees awarded

The most common race/ethnicity and sex grouping at Elite Welding Academy is hispanic or latino male (17 degrees awarded). There were 2.43 times more hispanic or latino male recipients than the next closest race/ethnicity group, white male (7 degrees).

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Operations

Salary Expenditure

$192k
2023 Salaries
48.7%
decline from 2022

In 2023, Elite Welding Academy paid a median of $192k in salaries, a 48.7% decline from the previous year. This is compared to a 46.2% growth between 2021 and 2022, and a 260% growth between 2020 and 2021.

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

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