Cortiva Institute-Virginia

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2018 Average Net Price
$20,501
After Financial Aid
2015 Default Rate
18.1%
on Student Loans
2017 Enrolled Students
60
53.3% Full-Time

About

Cortiva Institute-Virginia is a higher education institution located in Charlottesville city, VA. In 2017, the most popular < 1 Year Postsecondary Certificate concentrations at Cortiva Institute-Virginia were Massage Therapy (35 degrees awarded) and Aesthetician & Skin Care Specialist (19 degrees).

In 2017, 54 degrees were awarded across all undergraduate and graduate programs at Cortiva Institute-Virginia. 88.9% of these degrees were awarded to women, and 11.1% awarded men.

In 2015 the default rate for borrower's at Cortiva Institute-Virginia was 18.1%, corresponding to 13 out of the 72 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $20,501.

In 2018, 71% of undergraduate students attending Cortiva Institute-Virginia received financial aid through grants. Comparatively, 84% of undergraduate students received financial aid through loans.

Average Net Price

$20,501
2018 Value
2.41%
1 Year Growth

In 2018 Cortiva Institute-Virginia had an average net price — the price paid after factoring in grants and loans — of $20,501. Between 2017 and 2018, the average net price of Cortiva Institute-Virginia grew by 2.41%.

This chart compares the average net price of Cortiva Institute-Virginia (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

71%
Undergraduates Receiving Financial Aid through Grants
84%
Undergraduates Receiving Financial Aid through Loans

71% of undergraduate students at Cortiva Institute-Virginia received financial aid through grants or loans in 2018. This represents a growth of 44.9% with respect to 2017, when 49% of undergraduate students received financial aid.

This chart compares the average award discount at Cortiva Institute-Virginia (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.
18.1%
2015 Default Rate
13
Number of Defaults

In 2015 the default rate for borrower's at Cortiva Institute-Virginia was 18.1%, which represents 13 out of the 72 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

Cortiva Institute-Virginia had a total enrollment of 60 students in 2017. The full-time enrollment at Cortiva Institute-Virginia is 32 students and the part-time enrollment is 28. This means that 53.3% of students enrolled at Cortiva Institute-Virginia are enrolled full-time.

The enrolled student population at Cortiva Institute-Virginia, both undergraduate and graduate, is 61.7% White, 21.7% Black or African American, 5% Hispanic or Latino, and 1.67% Asian.

Students enrolled at Cortiva Institute-Virginia in full-time Undergraduate programs are most commonly White Female (53.1%), followed by Black or African American Female (21.9%) and White Male (9.38%).

Full-Time vs Part-Time Enrollment

53.3%
Full-Time Enrollment

The total enrollment at Cortiva Institute-Virginia in 2017, both undergraduate and graduate, is 60 students. The full-time enrollment at Cortiva Institute-Virginia is 32 and the part-time enrollment is 28.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2017)
  1. White
    37 enrolled students
  2. Black or African American
    13 enrolled students
  3. Hispanic or Latino
    3 enrolled students

The enrolled student population at Cortiva Institute-Virginia is 61.7% White, 21.7% Black or African American, 5% Hispanic or Latino, and 1.67% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

The most common < 1 Year Postsecondary Certificate concentration at Cortiva Institute-Virginia is Massage Therapy (35 degrees awarded), followed by Aesthetician & Skin Care Specialist (19 degrees).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Cortiva Institute-Virginia.
Most Common (2017)
  1. 35 degrees awarded
  2. 19 degrees awarded

In 2017, the most common < 1 year postsecondary certificate concentration at Cortiva Institute-Virginia was Massage Therapy with 35 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from < 1 year postsecondary certificate programs at Cortiva Institute-Virginia according to their major.

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Sex Breakdown for Common Majors

6
Degrees Awarded to Men
in 2017
48
Degrees Awarded to Women
in 2017

In 2017, 6 degrees were awarded to men at Cortiva Institute-Virginia, which is 0.125 times less than the number of degrees awarded to females (48).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2017)
  1. White Female
    31 degrees awarded
  2. White Male
    6 degrees awarded
  3. Black or African American Female
    5 degrees awarded

The most common race/ethnicity and sex grouping at Cortiva Institute-Virginia is white female (31 degrees awarded). There were 5.17 times more white female recipients than the next closest race/ethnicity group, white male (6 degrees).

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Operations

Salary Expenditure

$301k
2018 Salaries
31.8%
decline from 2017

In 2018, Cortiva Institute-Virginia paid a median of $301k in salaries, a 31.8% decline from the previous year. This is compared to a 4.42% decline between 2016 and 2017, and a 20.4% growth between 2015 and 2016.

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

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