Future-Tech Institute

www.futuretechinstitute.com

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    2022 Undergraduate Tuition
    $17,813
    2021 Average Net Price
    $16,847
    After Financial Aid
    2021 Enrolled Students
    77
    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 2022, the most popular Associates Degree concentrations at Future-Tech Institute were Registered Nursing (36 degrees awarded).

    In 2022, 36 degrees were awarded across all undergraduate and graduate programs at Future-Tech Institute. 91.7% of these degrees were awarded to women, and 8.33% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (25 degrees), 2.5 times more than then the next closest race/ethnicity group, black or african american (10 degrees).

    The median undergraduate tuition at Future-Tech Institute is $17,813, which is $1,650 more than the national average for ($16,163).

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

    Costs

    In 2022, the median undergraduate tuition at Future-Tech Institute is $17,813.

    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
    2022 Undergraduate Tuition

    In 2022, the cost of tuition at Future-Tech Institute was $17,813.

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

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    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.

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    Other Student Expenses

    $2,100
    Room and Board
    $2,429
    Books and Supplies

    The average yearly cost of room and board at Future-Tech Institute was of $2,100 in 2022. The cost of room and board decreased by 6.12% between 2021 and 2022.

    During the same period, the average yearly cost of books and supplies was $2,429. The cost of books and supplies did not change during the same period.

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

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    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.

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    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 (67.6%), followed by Hispanic or Latino Male (14.8%) and Black or African American Female (14.3%).

    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.

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    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%.

    This chart shows the retention rate over time at Future-Tech 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
      62 enrolled students
    2. Black or African American
      14 enrolled students
    3. 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.

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    Graduates

    In 2022, 30 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 (25 degrees awarded). There were 2.5 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (10 degrees).

    The most common Associates Degree concentration at Future-Tech Institute is Registered Nursing (36 degrees awarded).

    In 2022,  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 (36 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 (1,489,862 people), Nurse practitioners & nurse midwives (165,916 people), Medical & health services managers (160,993 people), Pharmacists (134,176 people), and Physicians (109,759 people).

    The most specialized majors at Future-Tech Institute in 2022 are Health (36 degrees awarded) (as of 2022).

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    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, Nurse anesthetists, Chief executives & legislators, and Podiatrists

    The most specialized majors at Future-Tech Institute are Health (36 degrees awarded) (as of 2022).

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    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 (1,590,457 people), Outpatient care centers (275,040 people), Elementary & secondary schools (242,126 people), Offices of physicians (199,498 people), and Colleges, universities & professional schools, including junior colleges (140,302 people).

    The most specialized majors at Future-Tech Institute are Health (36 degrees awarded) (as of 2022).

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    Sex Breakdown for Common Majors

    3
    Degrees Awarded to Men
    in 2022
    33
    Degrees Awarded to Women
    in 2022

    In 2022, 3 degrees were awarded to men at Future-Tech Institute, which is 0.0909 times less than the number of degrees awarded to females (33).

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

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    Most Common Male Majors

    In 2022, 3 degrees were awarded to men at Future-Tech Institute in Registered Nursing, which is 0.0909 times less than the 33 female recipients with that same degree.

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    Most Common Female Majors

    In 2022, 33 degrees were awarded to men at Future-Tech Institute in Registered Nursing, which is 11 times more than the 3 male recipients with that same degree.

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    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.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2022)
    1. Hispanic or Latino
      25 degrees awarded
    2. Black or African American
      10 degrees awarded
    3. Asian
      1 degrees awarded

    The most common race/ethnicity at Future-Tech Institute is hispanic or latino (25 degrees awarded). There were 2.5 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (10 degrees).

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2022)
    1. Hispanic or Latino Female
      100 degrees awarded
    2. Hispanic or Latino Female
      91 degrees awarded
    3. Hispanic or Latino Female
      90 degrees awarded

    The most common race/ethnicity and sex grouping at Future-Tech Institute is hispanic or latino female (100 degrees awarded). There were 1.1 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino female (91 degrees).

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    Operations

    In 2021, Future-Tech Institute had a total salary expenditure of 1.42M. 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, which represents 92.9% of their overall expenditure ($1.42M) and a 28.4% growth from the previous year. This is compared to a 42.9% growth between 2019 and 2020, and a 7.97% growth between 2018 and 2019.

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    Instructional Salaries

    $328k
    Instructional Salaries
    7
    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 $194k (27.9%) for similar Unknown.

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    Occupations by Share

    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.

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