Abcott Institute

www.abcott.edu

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2022 Average Net Price

$40,908

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

100% Full-Time

About

Abcott Institute is a higher education institution located in Oakland County, MI. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Abcott Institute were Licensed Practical & Vocational Nurse Training (42 degrees awarded) and Surgical Technologist (11 degrees).

In 2022, 81 degrees were awarded across all undergraduate and graduate programs at Abcott Institute. 88.9% of these degrees were awarded to women, and 11.1% awarded men. The most common race/ethnicity group of degree recipients was black or african american (72 degrees), 14.4 times more than then the next closest race/ethnicity group, white (5 degrees).

In 2020 the default rate for borrower's at Abcott Institute was 0%, corresponding to 0 out of the 100 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 $40,908.

In 2022, 63% of undergraduate students attending Abcott Institute received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Average Net Price

$40,908

2022 Value

1.34k%

1 Year Growth

In 2022 Abcott Institute had an average net price — the price paid after factoring in grants and loans — of $40,908. Between 2021 and 2022, the average net price of Abcott Institute grew by 1.34k%.

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.

Financial Aid by Income Level

63%

Undergraduates Receiving Financial Aid through Grants

64%

Undergraduates Receiving Financial Aid through Loans

63% of undergraduate students at Abcott Institute received financial aid through grants or loans in 2022. This represents a growth of 31.3% with respect to 2021, when 48% 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.

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 Abcott Institute was 0%, which represents 0 out of the 100 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

Abcott Institute had a total enrollment of 71 students in 2022. The full-time enrollment at Abcott Institute is 71 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 90.1% Black or African American and 8.45% White.

Students enrolled at Abcott Institute in full-time Undergraduate programs are most commonly Black or African American Female (78.9%), followed by Black or African American Male (11.3%) and White Female (5.63%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Abcott Institute in 2022, both undergraduate and graduate, is 71 students. The full-time enrollment at Abcott Institute is 71 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.

Retention Rate over Time

56%

2022 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 56%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Black or African American
64 enrolled students
White
6 enrolled students

The enrolled student population at Abcott Institute is 90.1% Black or African American and 8.45% White. This includes both full-time and part-time students as well as graduate and undergraduates.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 0 students (0%) did not report their race.

Graduates

In 2022, 63 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 (72 degrees awarded). There were 14.4 times more black or african american recipients than the next closest race/ethnicity group, white (5 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Abcott Institute is Licensed Practical & Vocational Nurse Training (42 degrees awarded), followed by Surgical Technologist (11 degrees).

In 2022, 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 (77 degrees awarded) and Mechanical Technologies (4 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 Abcott Institute are Registered nurses (1,394,826 people), Medical & health services managers (151,000 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Abcott Institute in 2022 are Health (77 degrees awarded) and Mechanical Technologies (4 degrees) (as of 2022).

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 Abcott Institute are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at Abcott Institute are Health (77 degrees awarded) and Mechanical Technologies (4 degrees) (as of 2022).

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 Abcott Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,482,406 people), Outpatient care centers (237,648 people), Elementary & secondary schools (215,940 people), Offices of physicians (201,917 people), and Colleges, universities & professional schools, including junior colleges (130,063 people).

The most specialized majors at Abcott Institute are Health (77 degrees awarded) and Mechanical Technologies (4 degrees) (as of 2022).

Majors Awarded

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

Most Common (2022)

Licensed Practical & Vocational Nurse Training
42 degrees awarded
Surgical Technologist
11 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Abcott Institute was Licensed Practical & Vocational Nurse Training with 42 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.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 9 degrees were awarded to men at Abcott Institute, which is 0.125 times less than the number of degrees awarded to females (72).

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

Most Common Male Majors

In 2022, 4 degrees were awarded to men at Abcott Institute in HVAC Maintenance. There were no female recipients with the same degree.

Most Common Female Majors

In 2022, 41 degrees were awarded to men at Abcott Institute in Licensed Practical & Vocational Nurse Training, which is 41 times more than the 1 male recipients with that same degree.

Time to Complete

49%

100% Completion Time

65%

150% Completion Time

In 2022, 49% of students graduating from Abcott Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 78% 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)

Black or African American
72 degrees awarded
White
5 degrees awarded
Asian
2 degrees awarded

The most common race/ethnicity at Abcott Institute is black or african american (72 degrees awarded). There were 14.4 times more black or african american 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 (2022)

Black or African American Female
65 degrees awarded
Black or African American Male
7 degrees awarded
White Female
4 degrees awarded

The most common race/ethnicity and sex grouping at Abcott Institute is black or african american female (65 degrees awarded). There were 9.29 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (7 degrees).

Operations

Salary Expenditure

$1.46M

2022 Salaries

40.4%

growth from 2021

In 2022, Abcott Institute paid a median of $1.46M in salaries, a 40.4% growth from the previous year. This is compared to a 14% decline between 2020 and 2021, and a 42.1% growth between 2019 and 2020.

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

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