Future-Tech Institute

www.futuretechinstitute.com/

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2021 Undergraduate Tuition

$17,813

2021 Average Net Price

$16,847

After Financial Aid

2019 Student Loan

4.56%

Default Rate

2021 Enrolled Students

100% Full-Time

2021 Graduation Rate

95.9%

47 Graduates

About

Future-Tech Institute is a higher education institution located in Miami-Dade County, FL. In 2021, the most popular Associates Degree concentrations at Future-Tech Institute were Registered Nursing (32 degrees awarded).

In 2021, 32 degrees were awarded across all undergraduate and graduate programs at Future-Tech Institute. 75% of these degrees were awarded to women, and 25% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (27 degrees), 5.4 times more than then the next closest race/ethnicity group, black or african american (5 degrees).

The median undergraduate tuition at Future-Tech Institute is $17,813, which is $5,828 more than the national average for ($11,985).

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

Costs

In 2021, the median undergraduate tuition at Future-Tech Institute is $17,813, which is $5,828 more than the national average for ($11,985).

After taking grants and loans into account, the average net price for students is $16,847.

In 2021, 100% of undergraduate students attending Future-Tech Institute received financial aid through grants. Comparatively, 100% of undergraduate students received financial aid through loans.

Tuition Costs

$17,813

2021 Undergraduate Tuition

In 2021, the cost of tuition at Future-Tech Institute was $17,813. The cost of tuition at Future-Tech Institute is $5,828 more than than the overall (public and private) national average for ($11,985).

This chart compares the tuition costs of Future-Tech Institute (in red) with those of other similar universities.

Average Net Price

$16,847

2021 Value

14.5%

1 Year Growth

In 2021 Future-Tech Institute had an average net price — the price paid after factoring in grants and loans — of $16,847. Between 2020 and 2021, the average net price of Future-Tech Institute grew by 14.5%.

This chart compares the average net price of Future-Tech 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.

Other Student Expenses

$2,237

Room and Board

$2,429

Books and Supplies

The average yearly cost of room and board at Future-Tech Institute was of $2,237 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $2,429. The cost of books and supplies increased by Infinityk% during the same period.

This chart compares the average student costs at Future-Tech Institute (in red) with that of similar universities.

Financial Aid by Income Level

100%

Undergraduates Receiving Financial Aid through Grants

100%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Future-Tech Institute received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Future-Tech 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.

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

Number of Defaults

In 2019 the default rate for borrower's at Future-Tech 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.

Enrollment

Future-Tech Institute had a total enrollment of 77 students in 2021. The full-time enrollment at Future-Tech Institute is 77 students and the part-time enrollment is 0. This means that 100% of students enrolled at Future-Tech Institute are enrolled full-time.

The enrolled student population at Future-Tech Institute, both undergraduate and graduate, is 80.5% Hispanic or Latino, 18.2% Black or African American, and 1.3% Asian.

Students enrolled at Future-Tech Institute in full-time Undergraduate programs are most commonly Hispanic or Latino Female (67.5%), followed by Black or African American Female (16.9%) and Hispanic or Latino Male (13%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Future-Tech Institute in 2021, both undergraduate and graduate, is 77 students. The full-time enrollment at Future-Tech Institute is 77 and the part-time enrollment is 0.

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

Retention Rate over Time

71%

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 Future-Tech Institute was 71%. Compared with the full-time retention rate at similar (77%), Future-Tech Institute had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Hispanic or Latino
62 enrolled students
Black or African American
14 enrolled students
Asian
1 enrolled students

The enrolled student population at Future-Tech Institute is 80.5% Hispanic or Latino, 18.2% Black or African American, and 1.3% Asian. 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.

Graduates

In 2021, 16 more women than men received degrees from Future-Tech Institute. The most common race/ethnicity group of degree recipients at Future-Tech Institute is hispanic or latino (27 degrees awarded). There were 5.4 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (5 degrees).

The most common Associates Degree concentration at Future-Tech Institute is Registered Nursing (32 degrees awarded).

In 2021, the most specialized majors across all degree types at Future-Tech Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (32 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 Future-Tech Institute are Registered nurses (1,331,984 people), Medical & health services managers (145,611 people), Nurse practitioners & nurse midwives (131,680 people), Pharmacists (131,120 people), and Physicians (106,819 people).

The most specialized majors at Future-Tech Institute in 2021 are Health (32 degrees awarded) (as of 2021).

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 Future-Tech Institute are Surgeons, Physicians, Chief executives & legislators, Podiatrists, and Nurse anesthetists

The most specialized majors at Future-Tech Institute are Health (32 degrees awarded) (as of 2021).

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 Future-Tech Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,441,543 people), Outpatient care centers (214,960 people), Elementary & secondary schools (206,921 people), Offices of physicians (192,003 people), and Colleges, universities & professional schools, including junior colleges (122,299 people).

The most specialized majors at Future-Tech Institute are Health (32 degrees awarded) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Future-Tech Institute.

Registered Nursing

Most Common (2021)

32 degree-majors awarded

In 2021, the most common associates degree concentration at Future-Tech Institute was Registered Nursing with 32 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Future-Tech Institute according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 8 degrees were awarded to men at Future-Tech Institute, which is 0.333 times less than the number of degrees awarded to females (24).

This chart displays the sex disparity between the top 5 majors at Future-Tech Institute by degrees awarded.

Most Common Male Majors

In 2021, 8 degrees were awarded to men at Future-Tech Institute in Registered Nursing, which is 0.333 times less than the 24 female recipients with that same degree.

Most Common Female Majors

In 2021, 24 degrees were awarded to men at Future-Tech Institute in Registered Nursing, which is 3 times more than the 8 male recipients with that same degree.

Time to Complete

82%

100% Completion Time

83%

150% Completion Time

In 2021, 82% of students graduating from Future-Tech Institute 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Future-Tech Institute is Female and Hispanic or Latino (100% graduation rate). Across all , Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

Hispanic or Latino
27 degrees awarded
Black or African American
5 degrees awarded

The most common race/ethnicity at Future-Tech Institute is hispanic or latino (27 degrees awarded). There were 5.4 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (5 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Hispanic or Latino Female
19 degrees awarded
Hispanic or Latino Male
8 degrees awarded
Black or African American Female
5 degrees awarded

The most common race/ethnicity and sex grouping at Future-Tech Institute is hispanic or latino female (19 degrees awarded). There were 2.38 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (8 degrees).

Operations

Future-Tech Institute employs 7 Instructors. Most academics at Future-Tech Institute are Female Instructor (4), and Male Instructor (3).

The most common positions for non-instructional staff at Future-Tech Institute are: Management, with 8 employees, Business and Financial Operations, with 2 employees, and Computer, Engineering, and Science with 1 employees.

Salary Expenditure

$1.32M

2021 Salaries

28.4%

growth from 2020

In 2021, Future-Tech Institute paid a median of $1.32M in salaries, a 28.4% growth from the previous year.

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

Instructional Salaries

$328k

Instructional Salaries

Number of Employees

In 2021, Future-Tech Institute paid a total of $328k to 7 employees working as instructors, which represents 24.9% of all salaries paid.

This is compared to a median of $398k (66.7%) for similar Unknown.

Occupations by Share

Instructor

Most Common Instructor

7 Employees

Management

Most Common Non-Instructional Employee

8 Employees

In 2021, the most common positions for instructional staff at Future-Tech Institute was Instructor with 7 employees.

In 2021, the most common positions for non-instructional staff at Future-Tech Institute were Management with 8 employees, Business and Financial Operations with 2 employees, and Computer, Engineering, and Science with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Instructor
Male Instructor

In 2021, the most common demographic for instructional staff at Future-Tech Institute was Female Instructor with 4 employees, and Male Instructor with 3 employees.

This chart shows the sex split between each academic rank present at Future-Tech Institute.