Arkansas Welding Academy

www.arkansasweldingacademy.com

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2021 Average Net Price

$23,836

After Financial Aid

2019 Student Loan

4.56%

Default Rate

2021 Acceptance Rate

61.5%

13 Applicants

2021 Enrolled Students

100% Full-Time

About

Arkansas Welding Academy is a higher education institution located in Pulaski County, AR. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Arkansas Welding Academy were Welding Technology (42 degrees awarded).

In 2021, 42 degrees were awarded across all undergraduate and graduate programs at Arkansas Welding Academy. 4.76% of these degrees were awarded to women, and 95.2% awarded men. The most common race/ethnicity group of degree recipients was white (32 degrees), 4.57 times more than then the next closest race/ethnicity group, black or african american (7 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 $23,836.

In 2021, 70% of undergraduate students attending Arkansas Welding Academy received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans.

Average Net Price

$23,836

2021 Value

7.89%

1 Year Growth

In 2021 Arkansas Welding Academy had an average net price — the price paid after factoring in grants and loans — of $23,836. Between 2020 and 2021, the average net price of Arkansas Welding Academy grew by 7.89%.

This chart compares the average net price of Arkansas 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.

Financial Aid by Income Level

70%

Undergraduates Receiving Financial Aid through Grants

63%

Undergraduates Receiving Financial Aid through Loans

70% of undergraduate students at Arkansas Welding Academy received financial aid through grants or loans in 2021. This represents a growth of 9.38% with respect to 2020, when 64% of undergraduate students received financial aid.

This chart compares the average award discount at Arkansas 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.

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.

4.56%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Arkansas Welding Academy was 4.56%, which represents 86 out of the 1884 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.

Admissions

Arkansas Welding Academy received 13 undergraduate applications in 2021, which represents a 65.8% annual growth. Out of those 13 applicants, 8 students were accepted for enrollment, representing a 61.5% acceptance rate.

There were 15 students enrolled at Arkansas Welding Academy in 2021.

Arkansas Welding Academy has an overall enrollment yield of 100%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

61.5%

Acceptance Rate in 2021

Accepted Out of 13

In 2021, the undergraduate acceptance rate of Arkansas Welding Academy was 61.5% (8 admissions from 13 applications). This is lower than the acceptance rate of 2020, which was 78.9%. Between 2020 and 2021, the number of applicants grew by 65.8%, while admissions declined by −73.3%..

This chart compares the acceptance rate of Arkansas Welding Academy (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Arkansas Welding Academy had a total enrollment of 15 students in 2021. The full-time enrollment at Arkansas Welding Academy is 15 students and the part-time enrollment is 0. This means that 100% of students enrolled at Arkansas Welding Academy are enrolled full-time.

The enrolled student population at Arkansas Welding Academy, both undergraduate and graduate, is 73.3% White, 20% Black or African American, and 6.67% Hispanic or Latino.

Students enrolled at Arkansas Welding Academy in full-time Undergraduate programs are most commonly White Male (66.7%), followed by Black or African American Male (20%) and Hispanic or Latino Male (6.67%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Arkansas Welding Academy in 2021, both undergraduate and graduate, is 15 students. The full-time enrollment at Arkansas Welding Academy is 15 and the part-time enrollment is 0.

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

Retention Rate over Time

93%

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 Arkansas Welding Academy was 93%. Compared with the full-time retention rate at similar (77%), Arkansas Welding Academy had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
11 enrolled students
Black or African American
3 enrolled students
Hispanic or Latino
1 enrolled students

The enrolled student population at Arkansas Welding Academy is 73.3% White, 20% Black or African American, and 6.67% Hispanic or Latino. 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, 38 fewer women than men received degrees from Arkansas Welding Academy. The most common race/ethnicity group of degree recipients at Arkansas Welding Academy is white (32 degrees awarded). There were 4.57 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Arkansas Welding Academy is Welding Technology (42 degrees awarded).

In 2021, the most specialized majors across all degree types at Arkansas Welding Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (42 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 Arkansas Welding Academy are Elementary & middle school teachers (2,731,503 people), Other managers (2,146,940 people), Registered nurses (1,770,878 people), Accountants & auditors (1,376,162 people), and Software developers (1,312,199 people).

The most specialized majors at Arkansas Welding Academy in 2021 are Precision Production (42 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 Arkansas Welding Academy are Surgeons, Podiatrists, Cardiovascular technologists and technicians, Physicians, and Media and communication workers, all other

The most specialized majors at Arkansas Welding Academy are Precision Production (42 degrees awarded) (as of 2021).

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 Arkansas Welding Academy are Elementary & secondary schools (5,483,119 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,202,014 people), Colleges, universities & professional schools, including junior colleges (2,391,445 people), Computer Systems Design (2,185,689 people), and Construction (1,229,470 people).

The most specialized majors at Arkansas Welding Academy are Precision Production (42 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 Arkansas Welding Academy.

Welding Technology

Most Common (2021)

42 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Arkansas Welding Academy was Welding Technology with 42 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 40 degrees were awarded to men at Arkansas Welding Academy, which is 20 times more than the number of degrees awarded to females (2).

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

Most Common Male Majors

In 2021, 40 degrees were awarded to men at Arkansas Welding Academy in Welding Technology, which is 20 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2021, 2 degrees were awarded to men at Arkansas Welding Academy in Welding Technology, which is 0.05 times less than the 40 male recipients with that same degree.

Time to Complete

67%

100% Completion Time

97%

150% Completion Time

In 2021, 67% of students graduating from Arkansas Welding Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 97% completed their degrees within 150% of the normal time, and 97% 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 (2021)

White
32 degrees awarded
Black or African American
7 degrees awarded
Hispanic or Latino
2 degrees awarded

The most common race/ethnicity at Arkansas Welding Academy is white (32 degrees awarded). There were 4.57 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
31 degrees awarded
Black or African American Male
6 degrees awarded
Hispanic or Latino Male
2 degrees awarded

The most common race/ethnicity and sex grouping at Arkansas Welding Academy is white male (31 degrees awarded). There were 5.17 times more white male recipients than the next closest race/ethnicity group, black or african american male (6 degrees).

Operations

Salary Expenditure

$254k

2021 Salaries

129%

growth from 2020

In 2021, Arkansas Welding Academy paid a median of $254k in salaries, a 129% growth from the previous year.

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

Arkansas Welding Academy

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