Fayette Institute of Technology

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2021 Average Net Price
$3,466
After Financial Aid
2019 Student Loan
4.56%
Default Rate
2021 Enrolled Students
32
100% Full-Time

About

Fayette Institute of Technology is a higher education institution located in Fayette County, WV. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Fayette Institute of Technology were Licensed Practical & Vocational Nurse Training (18 degrees awarded) and Electrician (9 degrees).

In 2021, 27 degrees were awarded across all undergraduate and graduate programs at Fayette Institute of Technology. 66.7% of these degrees were awarded to women, and 33.3% awarded men. The most common race/ethnicity group of degree recipients was white (26 degrees), 26 times more than then the next closest race/ethnicity group, black or african american (1 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $3,466.

In 2021, 90% of undergraduate students attending Fayette Institute of Technology received financial aid through grants.

Average Net Price

$3,466
2021 Value
1.05%
1 Year Growth

In 2021 Fayette Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $3,466. Between 2020 and 2021, the average net price of Fayette Institute of Technology grew by 1.05%.

This chart compares the average net price of Fayette Institute of Technology (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

90%
Undergraduates Receiving Financial Aid through Grants

90% of undergraduate students at Fayette Institute of Technology received financial aid through grants or loans in 2021. This represents a growth of 16.9% with respect to 2020, when 77% of undergraduate students received financial aid.

This chart compares the average award discount at Fayette Institute of Technology (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.
4.56%
2019 Default Rate
86
Number of Defaults

In 2019 the default rate for borrower's at Fayette Institute of Technology was 4.56%, which represents 86 out of the 1884 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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bookEnrollment

Fayette Institute of Technology had a total enrollment of 32 students in 2021. The full-time enrollment at Fayette Institute of Technology is 32 students and the part-time enrollment is 0. This means that 100% of students enrolled at Fayette Institute of Technology are enrolled full-time.

The enrolled student population at Fayette Institute of Technology, both undergraduate and graduate, is 90.6% White and 9.38% Black or African American.

Students enrolled at Fayette Institute of Technology in full-time Undergraduate programs are most commonly White Female (46.9%), followed by White Male (43.8%) and Black or African American Male (9.38%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Fayette Institute of Technology in 2021, both undergraduate and graduate, is 32 students. The full-time enrollment at Fayette Institute of Technology is 32 and the part-time enrollment is 0.

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

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Retention Rate over Time

86%
2021 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 Fayette Institute of Technology was 86%. Compared with the full-time retention rate at similar (77%), Fayette Institute of Technology had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. White
    29 enrolled students
  2. Black or African American
    3 enrolled students

The enrolled student population at Fayette Institute of Technology is 90.6% White and 9.38% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

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learningGraduates

In 2021, 9 more women than men received degrees from Fayette Institute of Technology. The most common race/ethnicity group of degree recipients at Fayette Institute of Technology is white (26 degrees awarded). There were 26 times more white recipients than the next closest race/ethnicity group, black or african american (1 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Fayette Institute of Technology is Licensed Practical & Vocational Nurse Training (18 degrees awarded), followed by Electrician (9 degrees).

In 2021,  the most specialized majors across all degree types at Fayette Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (9 degrees awarded) and Health (18 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Fayette Institute of Technology are Registered nurses (1,332,421 people), Medical & health services managers (145,831 people), Nurse practitioners & nurse midwives (131,680 people), Pharmacists (131,120 people), and Physicians (106,819 people).

The most specialized majors at Fayette Institute of Technology in 2021 are Construction (9 degrees awarded) and Health (18 degrees) (as of 2021).

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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 Fayette Institute of Technology are Surgeons, Physicians, Chief executives & legislators, Podiatrists, and Nurse anesthetists

The most specialized majors at Fayette Institute of Technology are Construction (9 degrees awarded) and Health (18 degrees) (as of 2021).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Fayette Institute of Technology are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,442,467 people), Outpatient care centers (215,226 people), Elementary & secondary schools (208,717 people), Offices of physicians (192,264 people), and Colleges, universities & professional schools, including junior colleges (123,958 people).

The most specialized majors at Fayette Institute of Technology are Construction (9 degrees awarded) and Health (18 degrees) (as of 2021).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Fayette Institute of Technology.
Most Common (2021)
  1. 18 degrees awarded
  2. 9 degrees awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Fayette Institute of Technology was Licensed Practical & Vocational Nurse Training with 18 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Fayette Institute of Technology according to their major.

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Sex Breakdown for Common Majors

9
Degrees Awarded to Men
in 2021
18
Degrees Awarded to Women
in 2021

In 2021, 9 degrees were awarded to men at Fayette Institute of Technology, which is 0.5 times less than the number of degrees awarded to females (18).

This chart displays the sex disparity between the top 5 majors at Fayette Institute of Technology by degrees awarded.

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Most Common Male Majors

In 2021, 7 degrees were awarded to men at Fayette Institute of Technology in Electrician, which is 3.5 times more than the 2 female recipients with that same degree.

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Most Common Female Majors

In 2021, 16 degrees were awarded to men at Fayette Institute of Technology in Licensed Practical & Vocational Nurse Training, which is 8 times more than the 2 male recipients with that same degree.

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Time to Complete

83%
100% Completion Time
83%
150% Completion Time

In 2021, 83% of students graduating from Fayette Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 83% completed their degrees within 150% of the normal time, and 83% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. White
    26 degrees awarded
  2. Black or African American
    1 degrees awarded

The most common race/ethnicity at Fayette Institute of Technology is white (26 degrees awarded). There were 26 times more white recipients than the next closest race/ethnicity group, black or african american (1 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    17 degrees awarded
  2. White Male
    9 degrees awarded
  3. Black or African American Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at Fayette Institute of Technology is white female (17 degrees awarded). There were 1.89 times more white female recipients than the next closest race/ethnicity group, white male (9 degrees).

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Salary Expenditure

$216k
2021 Salaries
7.29%
decline from 2020

In 2021, Fayette Institute of Technology paid a median of $216k in salaries, a 7.29% decline from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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