Faris Technical Institute Inc (415729)

www.faristechnicalinstitute.com

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2015 Default Rate

14.8%

on Student Loans

2017 Enrolled Students

54.5% Full-Time

About

Faris Technical Institute Inc (415729) is a higher education institution located in Jefferson County, TX. In 2017, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Faris Technical Institute Inc (415729) were CAD/CADD Drafting & Design Technology (1 degrees awarded).

In 2017, 2 degrees were awarded across all undergraduate and graduate programs at Faris Technical Institute Inc (415729). 50% of these degrees were awarded to women, and 50% awarded men. The most common race/ethnicity group of degree recipients was white (2 degrees).

In 2015 the default rate for borrower's at Faris Technical Institute Inc (415729) was 14.8%, corresponding to 4 out of the 27 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

In 2017, 73% of undergraduate students attending Faris Technical Institute Inc (415729) received financial aid through grants. Comparatively, 73% of undergraduate students received financial aid through loans.

Average Net Price

100%

1 Year Growth

This chart compares the average net price of Faris Technical Institute Inc (415729) (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

73%

Undergraduates Receiving Financial Aid through Grants

73%

Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Faris Technical Institute Inc (415729) received financial aid through grants or loans in 2017. This represents a growth of 204% with respect to 2016, when 24% of undergraduate students received financial aid.

This chart compares the average award discount at Faris Technical Institute Inc (415729) (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.

14.8%

2015 Default Rate

Number of Defaults

In 2015 the default rate for borrower's at Faris Technical Institute Inc (415729) was 14.8%, which represents 4 out of the 27 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

Faris Technical Institute Inc (415729) had a total enrollment of 11 students in 2017. The full-time enrollment at Faris Technical Institute Inc (415729) is 6 students and the part-time enrollment is 5. This means that 54.5% of students enrolled at Faris Technical Institute Inc (415729) are enrolled full-time.

The enrolled student population at Faris Technical Institute Inc (415729), both undergraduate and graduate, is 45.5% White and 36.4% Black or African American.

Students enrolled at Faris Technical Institute Inc (415729) in full-time Undergraduate programs are most commonly White Male (50%), followed by Black or African American Female (33.3%).

Full-Time vs Part-Time Enrollment

54.5%

Full-Time Enrollment

The total enrollment at Faris Technical Institute Inc (415729) in 2017, both undergraduate and graduate, is 11 students. The full-time enrollment at Faris Technical Institute Inc (415729) is 6 and the part-time enrollment is 5.

This chart shows the full-time vs part-time enrollment status at Faris Technical Institute Inc (415729) (in red) compares to similar universities.

Retention Rate over Time

40%

2017 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 Faris Technical Institute Inc (415729) was 40%.

This chart shows the retention rate over time at Faris Technical Institute Inc (415729) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2017)

White
5 enrolled students
Black or African American
4 enrolled students

The enrolled student population at Faris Technical Institute Inc (415729) is 45.5% White and 36.4% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2017, 0 more women than men received degrees from Faris Technical Institute Inc (415729). The most common race/ethnicity group of degree recipients at Faris Technical Institute Inc (415729) is white (2 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Faris Technical Institute Inc (415729) is CAD/CADD Drafting & Design Technology (1 degrees awarded).

In 2017, the most specialized majors across all degree types at Faris Technical Institute Inc (415729), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (1 degrees awarded), Health (1 degrees), and Legal (0 degrees).

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 Faris Technical Institute Inc (415729) 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 Faris Technical Institute Inc (415729) in 2017 are Engineering Technologies (1 degrees awarded), Health (1 degrees), Legal (0 degrees), and Business (0 degrees) (as of 2017).

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 Faris Technical Institute Inc (415729) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Faris Technical Institute Inc (415729) are Engineering Technologies (1 degrees awarded), Health (1 degrees), Legal (0 degrees), and Business (0 degrees) (as of 2017).

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 Faris Technical Institute Inc (415729) 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 Faris Technical Institute Inc (415729) are Engineering Technologies (1 degrees awarded), Health (1 degrees), Legal (0 degrees), and Business (0 degrees) (as of 2017).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Faris Technical Institute Inc (415729).

Medical Administrative Assistant

Most Common (2017)

1 degrees awarded

In 2017, the most common < 1 year postsecondary certificate concentration at Faris Technical Institute Inc (415729) was Medical Administrative Assistant with 1 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from < 1 year postsecondary certificate programs at Faris Technical Institute Inc (415729) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2017

Degrees Awarded to Women

in 2017

In 2017, 1 degrees were awarded to men at Faris Technical Institute Inc (415729), which is 1 times approximately the same the number of degrees awarded to females (1).

This chart displays the sex disparity between the top 5 majors at Faris Technical Institute Inc (415729) by degrees awarded.

Most Common Male Majors

In 2017, 1 degrees were awarded to men at Faris Technical Institute Inc (415729) in CAD/CADD Drafting & Design Technology. There were no female recipients with the same degree.

Most Common Female Majors

In 2017, 1 degrees were awarded to women at Faris Technical Institute Inc (415729) in Medical Administrative Assistant. There were no male recipients with the same degree.

Race & Ethnicity by Share

White

Most Common Student Race or Ethnicity (2017)

2 degrees awarded

The most common race/ethnicity at Faris Technical Institute Inc (415729) is white (2 degrees awarded).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2017)

White Male
1 degrees awarded
White Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Faris Technical Institute Inc (415729) is white male (1 degrees awarded). There were 1 times more white male recipients than the next closest race/ethnicity group, white female (1 degrees).

Operations

Salary Expenditure

$5.49k

2017 Salaries

6.81%

decline from 2016

In 2017, Faris Technical Institute Inc (415729) paid a median of $5.49k in salaries, a 6.81% decline from the previous year. This is compared to a 28.3% decline between 2015 and 2016, and a 34.8% decline between 2014 and 2015.

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

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