Arclabs

www.arclabs.edu

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2022 Average Net Price

$22,290

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

503

61.2% Full-Time

About

Arclabs is a higher education institution located in Anderson County, SC. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Arclabs were Welding Technology (422 degrees awarded).

In 2022, 458 degrees were awarded across all undergraduate and graduate programs at Arclabs. 8.95% of these degrees were awarded to women, and 91% awarded men. The most common race/ethnicity group of degree recipients was white (219 degrees), 1.9 times more than then the next closest race/ethnicity group, hispanic or latino (115 degrees).

In 2020 the default rate for borrower's at Arclabs was 0%, corresponding to 0 out of the 447 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 $22,290.

In 2022, 58% of undergraduate students attending Arclabs received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Average Net Price

$22,290

2022 Value

6.42%

1 Year Growth

In 2022 Arclabs had an average net price — the price paid after factoring in grants and loans — of $22,290. Between 2021 and 2022, the average net price of Arclabs grew by 6.42%.

This chart compares the average net price of Arclabs (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

58%

Undergraduates Receiving Financial Aid through Grants

57%

Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at Arclabs received financial aid through grants or loans in 2022. This represents a decline of 4.92% with respect to 2021, when 61% of undergraduate students received financial aid.

This chart compares the average award discount at Arclabs (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 Arclabs was 0%, which represents 0 out of the 447 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

Arclabs had a total enrollment of 503 students in 2022. The full-time enrollment at Arclabs is 308 students and the part-time enrollment is 195. This means that 61.2% of students enrolled at Arclabs are enrolled full-time.

The enrolled student population at Arclabs, both undergraduate and graduate, is 41.9% White, 31% Hispanic or Latino, 17.7% Black or African American, 5.37% Two or More Races, 1.19% Asian, 0.596% American Indian or Alaska Native, and 0.199% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Arclabs in full-time Undergraduate programs are most commonly White Male (37.3%), followed by Hispanic or Latino Male (30.5%) and Black or African American Male (14.6%).

Full-Time vs Part-Time Enrollment

61.2%

Full-Time Enrollment

The total enrollment at Arclabs in 2022, both undergraduate and graduate, is 503 students. The full-time enrollment at Arclabs is 308 and the part-time enrollment is 195.

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

Retention Rate over Time

85%

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 Arclabs was 85%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
211 enrolled students
Hispanic or Latino
156 enrolled students
Black or African American
89 enrolled students

The enrolled student population at Arclabs is 41.9% White, 31% Hispanic or Latino, 17.7% Black or African American, 5.37% Two or More Races, 1.19% Asian, 0.596% American Indian or Alaska Native, and 0.199% Native Hawaiian or Other Pacific Islanders. 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, 2 students (0.398%) did not report their race.

Graduates

In 2022, 376 fewer women than men received degrees from Arclabs. The most common race/ethnicity group of degree recipients at Arclabs is white (219 degrees awarded). There were 1.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (115 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Arclabs is Welding Technology (422 degrees awarded).

In 2022, the most specialized majors across all degree types at Arclabs, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (458 degrees awarded).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Arclabs are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Arclabs in 2022 are Precision Production (458 degrees awarded) (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 Arclabs are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Arclabs are Precision Production (458 degrees awarded) (as of 2022).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Arclabs 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 Arclabs are Precision Production (458 degrees awarded) (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 Arclabs.

Welding Technology

Most Common (2022)

422 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Arclabs was Welding Technology with 422 degrees awarded.

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

Sex Breakdown for Common Majors

417

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 417 degrees were awarded to men at Arclabs, which is 10.2 times more than the number of degrees awarded to females (41).

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

Most Common Male Majors

In 2022, 417 degrees were awarded to men at Arclabs in Welding Technology, which is 10.2 times more than the 41 female recipients with that same degree.

Most Common Female Majors

In 2022, 41 degrees were awarded to men at Arclabs in Welding Technology, which is 0.0983 times less than the 417 male recipients with that same degree.

Time to Complete

71%

100% Completion Time

74%

150% Completion Time

In 2022, 71% of students graduating from Arclabs completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 74% 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
219 degrees awarded
Hispanic or Latino
115 degrees awarded
Black or African American
93 degrees awarded

The most common race/ethnicity at Arclabs is white (219 degrees awarded). There were 1.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (115 degrees).

0.218% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
195 degrees awarded
Hispanic or Latino Male
107 degrees awarded
Black or African American Male
86 degrees awarded

The most common race/ethnicity and sex grouping at Arclabs is white male (195 degrees awarded). There were 1.82 times more white male recipients than the next closest race/ethnicity group, hispanic or latino male (107 degrees).

Operations

Salary Expenditure

$3.97M

2022 Salaries

26.1%

growth from 2021

In 2022, Arclabs paid a median of $3.97M in salaries, a 26.1% growth from the previous year. This is compared to a 4.06% decline between 2020 and 2021, and a 23.1% growth between 2019 and 2020.

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

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