Erie Institute of Technology Inc

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2016 Undergraduate Tuition

$12,528

0% growth from 2015

2016 Average Net Price

$15,167

After Financial Aid

2015 Student Loan

14.2%

Default Rate

2016 Enrolled Students

363

100% Full-Time

2016 Graduation Rate

63.2%

48 Graduates

About

Erie Institute of Technology Inc is a higher education institution located in Erie County, PA. In 2016, the most popular Bachelor's Degree concentrations at Erie Institute of Technology Inc were .

In 2016, 150 degrees were awarded across all undergraduate and graduate programs at Erie Institute of Technology Inc. 4.67% of these degrees were awarded to women, and 95.3% awarded men. The majority of degree recipients were white (127 degrees), 12.7 times more than then the next closest race/ethnicity group, black or african american (10 degrees).

The median undergraduate tuition at Erie Institute of Technology Inc is $12,528, which is $-1,443 less than the national average for Special Focus Institutions ($13,971).

Costs

The median undergraduate tuition at Erie Institute of Technology Inc is $12,528, which is $-1,443 less than the national average for Special Focus Institutions ($13,971).

After taking grants and loans into account, the average net price for students is $15,167.

In 2016, 90% of undergraduate students received federal grants, while 74% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$12,528

2016 Undergraduate Tuition

In 2016, the cost of tuition at Erie Institute of Technology Inc was $12,528. The cost of tuition at Erie Institute of Technology Inc is $-1,443 less than than the overall (public and private) national average for Special Focus Institutions ($13,971).

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Average Net Price

$15,167

2016 Value

0.966%

1 Year Growth

In 2016 Erie Institute of Technology Inc had an average net price — the price paid after factoring in grants and loans — of $15,167. Between 2015 and 2016, the average net price of Erie Institute of Technology Inc grew by 0.966%.

This chart compares the average net price of Erie Institute of Technology Inc (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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Other Student Expenses

$7,065

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Erie Institute of Technology Inc was of $7,065 in 2016. During the same period, the average yearly cost of books and supplies was $1,500. The cost of room and board did not change between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

90%

Of Undergraduates Receive Grants

74%

Of Undergraduates Receive Federal Loans

90% of undergraduate students at Erie Institute of Technology Inc received grants or loans in 2016. This represents a growth of 2.27% with respect to 2015, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at Erie Institute of Technology Inc (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.

14.2%

2015 Default Rate

22

Number of Defaults

In 2015 the default rate for borrower's at Erie Institute of Technology Inc was 14.2%, which represents 22 out of the 155 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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Admissions

Erie Institute of Technology Inc received N/A undergraduate applications in N/A, which represents a 0% annual growth. Out of those N/A applicants, N/A students were accepted for enrollment, representing a N/A% acceptance rate.

There were 363 students enrolled at Erie Institute of Technology Inc in 2016, and N/A% of first-time enrollees submitted SAT scores with their applications.

Erie Institute of Technology Inc has an overall enrollment yield of N/A%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

N/A%

Acceptance Rate in N/A

N/A

Accepted Out of N/A

In N/A, the undergraduate acceptance rate of Erie Institute of Technology Inc was N/A% (N/A admissions from N/A applications). This is approximately the same as the acceptance rate of N/A, which was N/A%. Between N/A and N/A, the number of applicants stayed by N/A%, while admissions stayed by N/A%.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Erie Institute of Technology Inc in N/A submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Erie Institute of Technology Inc has a total enrollment of 363 students. The full-time enrollment at Erie Institute of Technology Inc is 363 students and the part-time enrollment is 0. This means that 100% of students enrolled at Erie Institute of Technology Inc are enrolled full-time.

The enrolled student population at Erie Institute of Technology Inc, both undergraduate and graduate, is 89.8% White, 4.41% Black or African American, 3.58% Hispanic or Latino, 1.65% Asian, 0.551% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races.

Students enrolled at Erie Institute of Technology Inc in full-time Undergraduate programs are majority White Male (84%), followed by White Female (5.79%) and Black or African American Male (3.86%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Erie Institute of Technology Inc, both undergraduate and graduate, is 363 students. The full-time enrollment at Erie Institute of Technology Inc is 363 and the part-time enrollment is 0. This means that 100% of students enrolled at Erie Institute of Technology Inc are enrolled full-time compared with 70.8% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Erie Institute of Technology Inc (in red) compares to similar universities.

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Retention Rate over Time

73%

2016 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 Erie Institute of Technology Inc was 73%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Erie Institute of Technology Inc had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    326

  2. Black or African American

    16

  3. Hispanic or Latino

    13

The enrolled student population at Erie Institute of Technology Inc is 89.8% White, 4.41% Black or African American, 3.58% Hispanic or Latino, 1.65% Asian, 0.551% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 45.5% White, 15.4% Black or African American, and 15.3% Hispanic or Latino.

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.

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Graduates

In 2016, 136 fewer women than men received degrees from Erie Institute of Technology Inc. The majority of degree recipients at Erie Institute of Technology Inc are white (127 degrees awarded). There were 12.7 times more white graduates than the next closest race/ethnicity group, black or african american (10 degrees).

The most common Bachelor's Degree concentration at Erie Institute of Technology Inc is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Erie Institute of Technology Inc, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (126 degrees awarded) and Computer and Information Sciences and Support Services (24 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Erie Institute of Technology Inc are Software developers, applications & systems software (429,215 people), Miscellaneous managers (140,847 people), Computer programmers (123,306 people), Other Computer Occupations (118,701 people), and Computer & information systems managers (107,010 people).

The most specialized majors at Erie Institute of Technology Inc are Engineering Technologies (126 degrees awarded) and Computer and Information Sciences and Support Services (24 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Erie Institute of Technology Inc are Physicians & surgeons, Securities, commodities, & financial services sales agents, Chief executives & legislators, Personal financial advisors, and Aircraft pilots & flight engineers

The most specialized majors at Erie Institute of Technology Inc are Engineering Technologies (126 degrees awarded) and Computer and Information Sciences and Support Services (24 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Erie Institute of Technology Inc are Computer Systems Design (510,386 people), Insurance carriers & related activities (82,130 people), Colleges, universities & professional schools, including junior colleges (78,028 people), Management, scientific & technical consulting services (65,463 people), and Banking & related activities (65,461 people).

The most specialized majors at Erie Institute of Technology Inc are Engineering Technologies (126 degrees awarded) and Computer and Information Sciences and Support Services (24 degrees).

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Degrees

Majors Awarded

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

Most Common

  1. N/A

    N/A degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In N/A, the most common bachelors degree concentration at Erie Institute of Technology Inc was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Erie Institute of Technology Inc according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 143

  2. 7

In 2016, 143 degrees were awarded to men at Erie Institute of Technology Inc, which is 20.4 times more than the number of degrees awarded to females (7).

This chart displays the gender disparity between the top 5 majors at Erie Institute of Technology Inc by degrees awarded.

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Most Common Male Majors

In N/A, 114 degrees were awarded to men at Erie Institute of Technology Inc in Manufacturing Engineering Technology, which is 22.8 times more than the 5 female recipients with that same degree.

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Most Common Female Majors

In N/A, 5 degrees were awarded to women at Erie Institute of Technology Inc in Manufacturing Engineering Technology, which is 0.0439 times less than the 114 male recipients with that same degree.

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Time to Complete

55%

100% Completion Time

64%

150% Completion Time

In 2016, 55% of students graduating from Erie Institute of Technology Inc completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 64% completed their degrees within 150% of the normal time, and 64% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Erie Institute of Technology Inc is Male and Asian (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (67.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    127 degrees awarded

  2. Black or African American

    10 degrees awarded

  3. Hispanic or Latino

    10 degrees awarded

The most common race/ethnicity at Erie Institute of Technology Inc is white (127 degrees awarded). There were 12.7 times more white recipients than the next closest race/ethnicity group, black or african american (10 degrees).

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

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    122 degrees awarded

  2. Black or African American Male

    10 degrees awarded

  3. Hispanic or Latino Male

    8 degrees awarded

The most common race/ethnicity and gender grouping at Erie Institute of Technology Inc is white male (122 degrees awarded). There were 12.2 times more white male recipients than the next closest race/ethnicity group, black or african american male (10 degrees).

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Operations

Erie Institute of Technology Inc has an endowment valued at nearly $N/A, as of the end of the 2015 fiscal year. The return on its endowment was of $198k (N/A%), compared to the 0.512% average return ($49.1k on $9.59M) across all Special Focus Institutions.

In 2015, Erie Institute of Technology Inc had a total expenditure of $3.73M. Of that $3.73M, they spent $1.72M on salaries and $3.73M on benefits.

Erie Institute of Technology Inc employs N/A N/A, N/A N/A, and N/A N/A. Most academics at Erie Institute of Technology Inc are N/A (N/A), N/A(N/A), and N/A (N/A).

The most common positions for non-instructional staff at Erie Institute of Technology Inc are: Office and Administrative Support, with 5 employees, Management, with 2 employees, and Business and Financial Operations with 1 employees.

Finances

Endowment

$N/A

2015 Endowment

0%

growth from 2014

Erie Institute of Technology Inc has an endowment valued at about $N/A, as of the end of the 2015 fiscal year. The endowment of Erie Institute of Technology Inc stayed 0% from the previous year. The value of their endowment was $N/A approximately the same as than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Erie Institute of Technology Inc (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Two-Year: Technical Professions Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $940k - Federal

  2. $1.37M - State

  3. $0 - Local

As of 2015, Erie Institute of Technology Inc received $940k in grants and contracts from the federal government, $1.37M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$1.72M

Salary Expenditure

$3.73M

Benefits Expenditure

In 2015, Erie Institute of Technology Inc had a total expenditure of $3.73M. Of that $3.73M, they spent $1.72M on salaries and $3.73M on benefits.

The bar chart shows the share of the primary expenses at Erie Institute of Technology Inc over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Special Focus Institutions Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Erie Institute of Technology Inc as a share of total expenditure.

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Salary Expenditure

$1.72M

2015 Salaries

3.07%

growth from 2014

In 2015, Erie Institute of Technology Inc paid a median of $1.72M in salaries, which represents 46% of their overall expenditure ($3.73M) and a 3.07% growth from the previous year. This is compared to a 0% growth from 2013 and a 0% growth from 2012.

The median for similar Special Focus Institutions is 2.52M (38.1% of overall expenditures).

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Instructional Salaries

$804k

Instructional Salaries

20

Number of Employees

In 2015, Erie Institute of Technology Inc paid a total of $804k to 20 employees working as instructors, which represents 46.8% of all salaries paid.

This is compared to a median of $639k (25.3%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

N/A

Most Common Instructor

N/A Employees

Office and Administrative Support

Most Common Non-Instructional Employee

5 Employees

In N/A, the most common positions for instructional staff at Erie Institute of Technology Inc were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.

In N/A, the most common positions for non-instructional staff at Erie Institute of Technology Inc were Office and Administrative Support with 5 employees; Management with 2 employees; and Business and Financial Operations with 1 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. N/A

  2. N/A

  3. N/A

In N/A, the most common demographic for instructional staff at Erie Institute of Technology Inc was N/A with N/A employees, N/A with N/A employees, and N/A with N/A employees.

This chart shows the gender split between each academic rank present at Erie Institute of Technology Inc.

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