Elite Welding Academy LLC

www.eliteweldingacademy.com

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2022 Average Net Price

$23,473

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

100% Full-Time

About

Elite Welding Academy LLC is a higher education institution located in Butler County, OH. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Elite Welding Academy LLC were Welding Technology (91 degrees awarded).

In 2022, 91 degrees were awarded across all undergraduate and graduate programs at Elite Welding Academy LLC. 3.3% of these degrees were awarded to women, and 96.7% awarded men. The most common race/ethnicity group of degree recipients was white (87 degrees), 43.5 times more than then the next closest race/ethnicity group, black or african american (2 degrees).

In 2020 the default rate for borrower's at Elite Welding Academy LLC was 0%, corresponding to 0 out of the 54 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 $23,473.

In 2022, 30% of undergraduate students attending Elite Welding Academy LLC received financial aid through grants. Comparatively, 35% of undergraduate students received financial aid through loans.

Average Net Price

$23,473

2022 Value

20.6%

1 Year Growth

In 2022 Elite Welding Academy LLC had an average net price — the price paid after factoring in grants and loans — of $23,473. Between 2021 and 2022, the average net price of Elite Welding Academy LLC grew by 20.6%.

This chart compares the average net price of Elite Welding Academy LLC (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

30%

Undergraduates Receiving Financial Aid through Grants

35%

Undergraduates Receiving Financial Aid through Loans

30% of undergraduate students at Elite Welding Academy LLC received financial aid through grants or loans in 2022. This represents a decline of 25% with respect to 2021, when 40% of undergraduate students received financial aid.

This chart compares the average award discount at Elite Welding Academy LLC (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 Elite Welding Academy LLC 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.

Enrollment

Elite Welding Academy LLC had a total enrollment of 49 students in 2022. The full-time enrollment at Elite Welding Academy LLC is 49 students and the part-time enrollment is 0. This means that 100% of students enrolled at Elite Welding Academy LLC are enrolled full-time.

The enrolled student population at Elite Welding Academy LLC, both undergraduate and graduate, is 85.7% White, 10.2% Black or African American, and 4.08% Two or More Races.

Students enrolled at Elite Welding Academy LLC in full-time Undergraduate programs are most commonly White Male (81.6%), followed by Black or African American Male (8.16%) and White Female (4.08%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Elite Welding Academy LLC in 2022, both undergraduate and graduate, is 49 students. The full-time enrollment at Elite Welding Academy LLC is 49 and the part-time enrollment is 0.

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

Retention Rate over Time

100%

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 Elite Welding Academy LLC was 100%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
42 enrolled students
Black or African American
5 enrolled students
Two or More Races
2 enrolled students

The enrolled student population at Elite Welding Academy LLC is 85.7% White, 10.2% Black or African American, and 4.08% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 85 fewer women than men received degrees from Elite Welding Academy LLC. The most common race/ethnicity group of degree recipients at Elite Welding Academy LLC is white (87 degrees awarded). There were 43.5 times more white recipients than the next closest race/ethnicity group, black or african american (2 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Elite Welding Academy LLC is Welding Technology (91 degrees awarded).

In 2022, the most specialized majors across all degree types at Elite Welding Academy LLC, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (91 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 Elite Welding Academy LLC 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 Elite Welding Academy LLC in 2022 are Precision Production (91 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 Elite Welding Academy LLC 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 LLC are Precision Production (91 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 Elite Welding Academy LLC 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 LLC are Precision Production (91 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 Elite Welding Academy LLC.

Welding Technology

Most Common (2022)

91 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Elite Welding Academy LLC was Welding Technology with 91 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 88 degrees were awarded to men at Elite Welding Academy LLC, which is 29.3 times more than the number of degrees awarded to females (3).

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

Most Common Male Majors

In 2022, 88 degrees were awarded to men at Elite Welding Academy LLC in Welding Technology, which is 29.3 times more than the 3 female recipients with that same degree.

Most Common Female Majors

In 2022, 3 degrees were awarded to men at Elite Welding Academy LLC in Welding Technology, which is 0.0341 times less than the 88 male recipients with that same degree.

Time to Complete

85%

100% Completion Time

87%

150% Completion Time

In 2022, 85% of students graduating from Elite Welding Academy LLC completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 87% 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
87 degrees awarded
Black or African American
2 degrees awarded
Asian
1 degrees awarded

The most common race/ethnicity at Elite Welding Academy LLC is white (87 degrees awarded). There were 43.5 times more white recipients than the next closest race/ethnicity group, black or african american (2 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
84 degrees awarded
White Female
3 degrees awarded
Black or African American Male
2 degrees awarded

The most common race/ethnicity and sex grouping at Elite Welding Academy LLC is white male (84 degrees awarded). There were 28 times more white male recipients than the next closest race/ethnicity group, white female (3 degrees).

Operations

Salary Expenditure

$782k

2022 Salaries

20.5%

decline from 2021

In 2022, Elite Welding Academy LLC paid a median of $782k in salaries, a 20.5% decline from the previous year. This is compared to a 4.29% growth between 2020 and 2021, and a 33.1% growth between 2019 and 2020.

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

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