Futura Career Institute

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2015 Undergraduate Tuition
$8,900
2021 Average Net Price
$16,901
After Financial Aid
2019 Student Loan
4.56%
Default Rate
2021 Enrolled Students
300
100% Full-Time

About

Futura Career Institute is a higher education institution located in Miami-Dade County, FL. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Futura Career Institute were Hair Styling & Design (86 degrees awarded) and General Cosmetology (14 degrees).

In 2021, 132 degrees were awarded across all undergraduate and graduate programs at Futura Career Institute. 23.5% of these degrees were awarded to women, and 76.5% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (129 degrees), 43 times more than then the next closest race/ethnicity group, white (3 degrees).

The median undergraduate tuition at Futura Career Institute is $8,900, which is $−3,085 less than the national average for ($11,985).

dollarCosts

In 2015, the median undergraduate tuition at Futura Career Institute is $8,900

After taking grants and loans into account, the average net price for students is $16,901.

In 2021, 95% of undergraduate students attending Futura Career Institute received financial aid through grants.

Tuition Costs

$8,900
2015 Undergraduate Tuition

In 2015, the cost of tuition at Futura Career Institute was $8,900.

This chart compares the tuition costs of Futura Career Institute (in red) with those of other similar universities.

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Average Net Price

$16,901
2021 Value
2.59%
1 Year Growth

In 2021 Futura Career Institute had an average net price — the price paid after factoring in grants and loans — of $16,901. Between 2020 and 2021, the average net price of Futura Career Institute grew by 2.59%.

This chart compares the average net price of Futura Career Institute (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

95%
Undergraduates Receiving Financial Aid through Grants

95% of undergraduate students at Futura Career Institute received financial aid through grants or loans in 2021. This represents a growth of 20.3% with respect to 2020, when 79% of undergraduate students received financial aid.

This chart compares the average award discount at Futura Career Institute (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 Futura Career Institute 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

Futura Career Institute had a total enrollment of 300 students in 2021. The full-time enrollment at Futura Career Institute is 300 students and the part-time enrollment is 0. This means that 100% of students enrolled at Futura Career Institute are enrolled full-time.

The enrolled student population at Futura Career Institute, both undergraduate and graduate, is 98.7% Hispanic or Latino and 1.33% White.

Students enrolled at Futura Career Institute in full-time Undergraduate programs are most commonly Hispanic or Latino Male (62%), followed by Hispanic or Latino Female (36.7%) and White Male (1.33%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Futura Career Institute in 2021, both undergraduate and graduate, is 300 students. The full-time enrollment at Futura Career Institute is 300 and the part-time enrollment is 0.

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

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Retention Rate over Time

91%
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 Futura Career Institute was 91%. Compared with the full-time retention rate at similar (77%), Futura Career Institute had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. Hispanic or Latino
    296 enrolled students
  2. White
    4 enrolled students

The enrolled student population at Futura Career Institute is 98.7% Hispanic or Latino and 1.33% White. 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, 70 fewer women than men received degrees from Futura Career Institute. The most common race/ethnicity group of degree recipients at Futura Career Institute is hispanic or latino (129 degrees awarded). There were 43 times more hispanic or latino recipients than the next closest race/ethnicity group, white (3 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Futura Career Institute is Hair Styling & Design (86 degrees awarded), followed by General Cosmetology (14 degrees).

In 2021,  the most specialized majors across all degree types at Futura Career Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (113 degrees awarded), Engineering Technologies (14 degrees), and Mechanical Technologies (5 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 Futura Career Institute are Other managers (30,308 people), Software developers (29,287 people), Miscellaneous engineers, including nuclear engineers (15,580 people), Mechanical engineers (11,601 people), and Industrial engineers, including health & safety (10,292 people).

The most specialized majors at Futura Career Institute in 2021 are Personal & Culinary Services (113 degrees awarded), Engineering Technologies (14 degrees), and Mechanical Technologies (5 degrees) (as of 2021).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Futura Career Institute are Cardiovascular technologists and technicians, Chief executives & legislators, Physicians, Physician assistants, and Lawyers, & judges, magistrates, & other judicial workers

The most specialized majors at Futura Career Institute are Personal & Culinary Services (113 degrees awarded), Engineering Technologies (14 degrees), and Mechanical Technologies (5 degrees) (as of 2021).

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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 Futura Career Institute are Computer Systems Design (40,717 people), Construction (27,297 people), Restaurants & Food Services (16,210 people), Motor vehicles & motor vehicle equipment manufacturing (15,582 people), and Architectural, engineering & related services (15,575 people).

The most specialized majors at Futura Career Institute are Personal & Culinary Services (113 degrees awarded), Engineering Technologies (14 degrees), and Mechanical Technologies (5 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 Futura Career Institute.
Most Common (2021)
  1. 86 degree-majors awarded
  2. 14 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Futura Career Institute was Hair Styling & Design with 86 degrees awarded.

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

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Sex Breakdown for Common Majors

101
Degrees Awarded to Men
in 2021
31
Degrees Awarded to Women
in 2021

In 2021, 101 degrees were awarded to men at Futura Career Institute, which is 3.26 times more than the number of degrees awarded to females (31).

This chart displays the sex disparity between the top 5 majors at Futura Career Institute by degrees awarded.

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Most Common Male Majors

In 2021, 81 degrees were awarded to men at Futura Career Institute in Hair Styling & Design, which is 16.2 times more than the 5 female recipients with that same degree.

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Most Common Female Majors

In 2021, 13 degrees were awarded to men at Futura Career Institute in General Cosmetology, which is 13 times more than the 1 male recipients with that same degree.

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Time to Complete

14%
100% Completion Time
88%
150% Completion Time

In 2021, 14% of students graduating from Futura Career Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 88% completed their degrees within 150% of the normal time, and 88% 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. Hispanic or Latino
    129 degrees awarded
  2. White
    3 degrees awarded

The most common race/ethnicity at Futura Career Institute is hispanic or latino (129 degrees awarded). There were 43 times more hispanic or latino recipients than the next closest race/ethnicity group, white (3 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. Hispanic or Latino Male
    98 degrees awarded
  2. Hispanic or Latino Female
    31 degrees awarded
  3. White Male
    3 degrees awarded

The most common race/ethnicity and sex grouping at Futura Career Institute is hispanic or latino male (98 degrees awarded). There were 3.16 times more hispanic or latino male recipients than the next closest race/ethnicity group, hispanic or latino female (31 degrees).

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Salary Expenditure

$490k
2021 Salaries
6.07%
decline from 2020

In 2021, Futura Career Institute paid a median of $490k in salaries, a 6.07% decline from the previous year.

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

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