Faris Technical Institute Inc (415729)

www.faristechnicalinstitute.com

2015 Default Rate

14.8%

on Student Loans

2017 Enrolled Students

54.5% Full-Time

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.

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 Less than 1 Year Postsecondary Certificate concentration at Faris Technical Institute Inc (415729) is Medical Administrative Assistant (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

Registered nurses

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 Registered nurses (1,579,506 people), Accountants & auditors (1,021,272 people), Other managers (807,415 people), Financial managers (529,440 people), and Chief executives & legislators (417,983 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

Cardiovascular technologists and technicians

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 Cardiovascular technologists and technicians, Surgeons, Actuaries, Physicians, and Nuclear medicine technologists and medical dosimetrists

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

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

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 General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,918,587 people), Elementary & secondary schools (727,216 people), Computer Systems Design (621,537 people), Colleges, universities & professional schools, including junior colleges (484,628 people), and Banking & related activities (457,352 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).

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.

Time to Complete

21%

100% Completion Time

42%

150% Completion Time

In 2017, 21% of students graduating from Faris Technical Institute Inc (415729) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 42% completed their degrees within 150% of the normal time, and 42% 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

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).

Race & Ethnicity by Sex

Most Common Sex Demographic (2017)

White Female
7 degrees awarded
White Female
6 degrees awarded
White Male
4 degrees awarded

The most common race/ethnicity and sex grouping at Faris Technical Institute Inc (415729) is white female (7 degrees awarded). There were 1.17 times more white female recipients than the next closest race/ethnicity group, white female (6 degrees).

Faris Technical Institute Inc (415729)

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Faris Technical Institute Inc (415729)

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Costs

Average Net Price

Financial Aid by Income Level

Student Loan Default Rate

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

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