First Institute of Travel, Inc.

www.firstinstitute.edu

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2023 Average Net Price

$19,741

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

274

100% Full-Time

About

First Institute of Travel, Inc. is a higher education institution located in McHenry County, IL. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at First Institute of Travel, Inc. were Medical Assistant (99 degrees awarded), Dental Assisting (25 degrees), and Massage Therapy (21 degrees).

In 2023, 145 degrees were awarded across all undergraduate and graduate programs at First Institute of Travel, Inc.. 95.9% of these degrees were awarded to women, and 4.14% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (78 degrees), 1.56 times more than then the next closest race/ethnicity group, white (50 degrees).

In 2020 the default rate for borrower's at First Institute of Travel, Inc. was 0%, corresponding to 0 out of the 152 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 $19,741.

In 2023, 52% of undergraduate students attending First Institute of Travel, Inc. received financial aid through grants. Comparatively, 58% of undergraduate students received financial aid through loans.

Average Net Price

$19,741

2023 Value

3.22%

1 Year Growth

In 2023 First Institute of Travel, Inc. had an average net price — the price paid after factoring in grants and loans — of $19,741. Between 2022 and 2023, the average net price of First Institute of Travel, Inc. grew by 3.22%.

This chart compares the average net price of First Institute of Travel, 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.

Financial Aid by Income Level

52%

Undergraduates Receiving Financial Aid through Grants

58%

Undergraduates Receiving Financial Aid through Loans

52% of undergraduate students at First Institute of Travel, Inc. received financial aid through grants or loans in 2023. This represents a decline of 10.3% with respect to 2022, when 58% of undergraduate students received financial aid.

This chart compares the average award discount at First Institute of Travel, 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.

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 First Institute of Travel, Inc. was 0%, which represents 0 out of the 152 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

First Institute of Travel, Inc. had a total enrollment of 274 students in 2023. The full-time enrollment at First Institute of Travel, Inc. is 274 students and the part-time enrollment is 0. This means that 100% of students enrolled at First Institute of Travel, Inc. are enrolled full-time.

The enrolled student population at First Institute of Travel, Inc., both undergraduate and graduate, is 53.6% Hispanic or Latino, 26.6% White, 15.7% Black or African American, 2.19% Asian, and 0.365% Native Hawaiian or Other Pacific Islanders.

Students enrolled at First Institute of Travel, Inc. in full-time Undergraduate programs are most commonly Hispanic or Latino Female (53.3%), followed by White Female (24.1%) and Black or African American Female (11.5%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at First Institute of Travel, Inc. in 2023, both undergraduate and graduate, is 274 students. The full-time enrollment at First Institute of Travel, Inc. is 274 and the part-time enrollment is 0.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Hispanic or Latino
147 enrolled students
White
73 enrolled students
Black or African American
43 enrolled students

The enrolled student population at First Institute of Travel, Inc. is 53.6% Hispanic or Latino, 26.6% White, 15.7% Black or African American, 2.19% Asian, and 0.365% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 133 more women than men received degrees from First Institute of Travel, Inc.. The most common race/ethnicity group of degree recipients at First Institute of Travel, Inc. is hispanic or latino (78 degrees awarded). There were 1.56 times more hispanic or latino recipients than the next closest race/ethnicity group, white (50 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at First Institute of Travel, Inc. is Medical Assistant (99 degrees awarded), followed by Dental Assisting (25 degrees) and Massage Therapy (21 degrees).

In 2023, the most specialized majors across all degree types at First Institute of Travel, Inc., meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (145 degrees awarded).

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 First Institute of Travel, Inc. are Registered nurses (1,452,497 people), Medical & health services managers (156,128 people), Nurse practitioners & nurse midwives (152,116 people), Pharmacists (133,517 people), and Physicians (108,029 people).

The most specialized majors at First Institute of Travel, Inc. in 2023 are Health (145 degrees awarded) (as of 2023).

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 First Institute of Travel, Inc. are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at First Institute of Travel, Inc. are Health (145 degrees awarded) (as of 2023).

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 First Institute of Travel, Inc. are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,482,206 people), Outpatient care centers (237,556 people), Elementary & secondary schools (215,578 people), Offices of physicians (201,917 people), and Colleges, universities & professional schools, including junior colleges (129,843 people).

The most specialized majors at First Institute of Travel, Inc. are Health (145 degrees awarded) (as of 2023).

Majors Awarded

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

Most Common (2023)

Medical Assistant
99 degrees awarded
Dental Assisting
25 degrees awarded
Massage Therapy
21 degrees awarded

In 2023, the most common N/A concentration at First Institute of Travel, Inc. was Medical Assistant with 99 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at First Institute of Travel, Inc. according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

139

Degrees Awarded to Women

in 2023

In 2023, 6 degrees were awarded to men at First Institute of Travel, Inc., which is 0.0432 times less than the number of degrees awarded to females (139).

This chart displays the sex disparity between the top 5 majors at First Institute of Travel, Inc. by degrees awarded.

Most Common Male Majors

In 2023, 3 degrees were awarded to men at First Institute of Travel, Inc. in Massage Therapy, which is 0.167 times less than the 18 female recipients with that same degree.

Most Common Female Majors

In 2023, 97 degrees were awarded to men at First Institute of Travel, Inc. in Medical Assistant, which is 48.5 times more than the 2 male recipients with that same degree.

Time to Complete

30%

100% Completion Time

74%

150% Completion Time

In 2023, 30% of students graduating from First Institute of Travel, Inc. completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 79% 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 (2023)

Hispanic or Latino
78 degrees awarded
White
50 degrees awarded
Black or African American
9 degrees awarded

The most common race/ethnicity at First Institute of Travel, Inc. is hispanic or latino (78 degrees awarded). There were 1.56 times more hispanic or latino recipients than the next closest race/ethnicity group, white (50 degrees).

0.69% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Hispanic or Latino Female
75 degrees awarded
White Female
48 degrees awarded
Black or African American Female
8 degrees awarded

The most common race/ethnicity and sex grouping at First Institute of Travel, Inc. is hispanic or latino female (75 degrees awarded). There were 1.56 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (48 degrees).

Operations

Salary Expenditure

$1.39M

2023 Salaries

0.231%

decline from 2022

In 2023, First Institute of Travel, Inc. paid a median of $1.39M in salaries, a 0.231% decline from the previous year. This is compared to a 33.7% growth between 2021 and 2022, and a 25% decline between 2020 and 2021.

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

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