Great Lakes Institute of Technology

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2017 Average Net Price

$15,511

After Financial Aid

2016 Student Loan

5.66%

Default Rate

2017 Acceptance Rate

75.9%

162 Applicants

2017 Enrolled Students

396

100% Full-Time

2017 Graduation Rate

73.6%

270 Graduates

About

Great Lakes Institute of Technology is a higher education institution located in Erie County, PA. In 2016, the most popular Bachelor's Degree concentrations at Great Lakes Institute of Technology were .

In 2017, 268 degrees were awarded across all undergraduate and graduate programs at Great Lakes Institute of Technology. 90.3% of these degrees were awarded to women, and 9.7% awarded men. The majority of degree recipients were white (203 degrees), 7.81 times more than then the next closest race/ethnicity group, black or african american (26 degrees).

The median undergraduate tuition at Great Lakes Institute of Technology is $0, which is $-14,000 less than the national average for Special Focus Institutions ($14,000).

Costs

The median undergraduate tuition at Great Lakes Institute of Technology is $0, which is $-14,000 less than the national average for Special Focus Institutions ($14,000).

After taking grants and loans into account, the average net price for students is $15,511.

In 2017, 76% of undergraduate students received federal grants, while 64% of undergraduate students received federal loans.

Average Net Price

$15,511

2017 Value

13.6%

1 Year Growth

In 2017 Great Lakes Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $15,511. Between 2016 and 2017, the average net price of Great Lakes Institute of Technology grew by 13.6%.

This chart compares the average net price of Great Lakes 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

Financial Aid by Income Level

76%

Of Undergraduates Receive Grants

64%

Of Undergraduates Receive Federal Loans

76% of undergraduate students at Great Lakes Institute of Technology received grants or loans in 2017. This represents a decline of 9.52% with respect to 2016, when 84% of undergraduate students received financial aid.

This chart compares the average award discount at Great Lakes 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.

5.66%

2016 Default Rate

18

Number of Defaults

In 2016 the default rate for borrower's at Great Lakes Institute of Technology was 5.66%, which represents 18 out of the 318 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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Admissions

Great Lakes Institute of Technology received 162 undergraduate applications in 2017, which represents a 0% annual growth. Out of those 162 applicants, 123 students were accepted for enrollment, representing a 75.9% acceptance rate.

There were 396 students enrolled at Great Lakes Institute of Technology in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Great Lakes Institute of Technology has an overall enrollment yield of 68.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75.9%

Acceptance Rate in 2017

123

Accepted Out of 162

In 2017, the undergraduate acceptance rate of Great Lakes Institute of Technology was 75.9% (123 admissions from 162 applications). This is higher than the acceptance rate of false, which was N/A%. Between false and 2017, the number of applicants stayed by N/A%, while admissions stayed by N/A%.

This chart compares the acceptance rate of Great Lakes Institute of Technology (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Great Lakes Institute of Technology in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Great Lakes Institute of Technology has a total enrollment of 396 students. The full-time enrollment at Great Lakes Institute of Technology is 396 students and the part-time enrollment is 0. This means that 100% of students enrolled at Great Lakes Institute of Technology are enrolled full-time.

The enrolled student population at Great Lakes Institute of Technology, both undergraduate and graduate, is 77.5% White, 10.1% Black or African American, 6.82% Hispanic or Latino, 3.28% Asian, 1.52% Two or More Races, 0.253% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Great Lakes Institute of Technology in full-time Undergraduate programs are majority White Female (71.7%), followed by Black or African American Female (8.33%) and Hispanic or Latino Female (6.31%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Great Lakes Institute of Technology, both undergraduate and graduate, is 396 students. The full-time enrollment at Great Lakes Institute of Technology is 396 and the part-time enrollment is 0. This means that 100% of students enrolled at Great Lakes Institute of Technology are enrolled full-time compared with 71.1% at similar Special Focus Institutions.

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

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Retention Rate over Time

76%

2017 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 Great Lakes Institute of Technology was 76%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Great Lakes Institute of Technology had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    307

  2. Black or African American

    40

  3. Hispanic or Latino

    27

The enrolled student population at Great Lakes Institute of Technology is 77.5% White, 10.1% Black or African American, 6.82% Hispanic or Latino, 3.28% Asian, 1.52% Two or More Races, 0.253% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44.7% White, 15.6% Hispanic or Latino, and 15.5% Black or African American.

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Graduates

In 2017, 216 more women than men received degrees from Great Lakes Institute of Technology. The majority of degree recipients at Great Lakes Institute of Technology are white (203 degrees awarded). There were 7.81 times more white graduates than the next closest race/ethnicity group, black or african american (26 degrees).

The most common Bachelor's Degree concentration at Great Lakes Institute of Technology is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Great Lakes Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (44 degrees awarded), Health (206 degrees), and Education (6 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Great Lakes Institute of Technology are Elementary & middle school teachers (2,039,980 people), Registered nurses (1,409,623 people), Accountants & auditors (1,117,362 people), Other managers (680,224 people), and Financial managers (433,088 people).

The most specialized majors at Great Lakes Institute of Technology are Personal & Culinary Services (44 degrees awarded), Health (206 degrees), Education (6 degrees), and Business (12 degrees).

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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 Great Lakes Institute of Technology are Public relations specialists, Surgeons, Geoscientists and hydrologists, except geographers, Podiatrists, and Physicians

The most specialized majors at Great Lakes Institute of Technology are Personal & Culinary Services (44 degrees awarded), Health (206 degrees), Education (6 degrees), and Business (12 degrees).

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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 Great Lakes Institute of Technology are Elementary & secondary schools (3,189,649 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,765,138 people), Colleges, universities & professional schools, including junior colleges (583,693 people), Banking & related activities (500,981 people), and Insurance carriers (441,692 people).

The most specialized majors at Great Lakes Institute of Technology are Personal & Culinary Services (44 degrees awarded), Health (206 degrees), Education (6 degrees), and Business (12 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Great Lakes Institute of Technology.

Most Common

  1. N/A

    N/A degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In false, the most common bachelors degree concentration at Great Lakes Institute of Technology was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Great Lakes Institute of Technology according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 26

  2. 242

In 2017, 26 degrees were awarded to men at Great Lakes Institute of Technology, which is 0.107 times less than the number of degrees awarded to females (242).

This chart displays the gender disparity between the top 5 majors at Great Lakes Institute of Technology by degrees awarded.

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Most Common Male Majors

In false, 8 degrees were awarded to men at Great Lakes Institute of Technology in Massage Therapy, which is 0.8 times less than the 10 female recipients with that same degree.

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Most Common Female Majors

In false, 61 degrees were awarded to women at Great Lakes Institute of Technology in Medical Assistant, which is 10.2 times more than the 6 male recipients with that same degree.

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Time to Complete

59%

100% Completion Time

65%

150% Completion Time

In 2017, 59% of students graduating from Great Lakes Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 65% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (90.9%)

The student demographic with the highest graduation rate at Great Lakes Institute of Technology is Female and Asian (90.9% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (68.1%).

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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 3.7% of graduates (10 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    203 degrees awarded

  2. Black or African American

    26 degrees awarded

  3. Hispanic or Latino

    16 degrees awarded

The most common race/ethnicity at Great Lakes Institute of Technology is white (203 degrees awarded). There were 7.81 times more white recipients than the next closest race/ethnicity group, black or african american (26 degrees).

1.87% of degree recipients (5 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    182 degrees awarded

  2. Black or African American Female

    25 degrees awarded

  3. White Male

    21 degrees awarded

The most common race/ethnicity and gender grouping at Great Lakes Institute of Technology is white female (182 degrees awarded). There were 7.28 times more white female recipients than the next closest race/ethnicity group, black or african american female (25 degrees).

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Operations

Great Lakes Institute of Technology has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $0 (N/A%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, Great Lakes Institute of Technology had a total salary expenditure of $5.85M. Great Lakes Institute of Technology employs 23 No academic ranks, 0 N/A, and 0 N/A. Most academics at Great Lakes Institute of Technology are Female No academic ranks (20), Male No academic ranks(3), and N/A (0).

The most common positions for non-instructional staff at Great Lakes Institute of Technology are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 15 employees, Management, with 6 employees, and Office and Administrative Support with 3 employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

Great Lakes Institute of Technology has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Great Lakes Institute of Technology stayed 0% from the previous year. The value of their endowment was $N/A approximately the same as than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Great Lakes Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Two-Year: Health Professions Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $1.77M - Federal

  2. $520k - State

  3. $0 - Local

As of 2017, Great Lakes Institute of Technology received $1.77M in grants and contracts from the federal government, $520k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$2.24M

2017 Salaries

23.7%

decline from 2016

In 2017, Great Lakes Institute of Technology paid a median of $2.24M in salaries, which represents 38.3% of their overall expenditure ($5.85M) and a 23.7% decline from the previous year. This is compared to a 0.147% growth from 2015 and a 3.45% decline from 2014.

The median for similar Special Focus Institutions is 2.59M (39.4% of overall expenditures).

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Instructional Salaries

$933k

Instructional Salaries

23

Number of Employees

In 2017, Great Lakes Institute of Technology paid a total of $933k to 23 employees working as instructors, which represents 41.6% of all salaries paid.

This is compared to a median of $656k (28.3%) for similar Special Focus Two-Year: Health Professions.

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Faculty and Staff

Occupations by Share

No academic rank

Most Common Instructor

23 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

15 Employees

In 2017, the most common positions for instructional staff at Great Lakes Institute of Technology were No academic rank with 23 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Great Lakes Institute of Technology were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 15 employees; Management with 6 employees; and Office and Administrative Support with 3 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female No academic rank

  2. Male No academic rank

  3. false

In 2017, the most common demographic for instructional staff at Great Lakes Institute of Technology was Female No academic rank with 20 employees, Male No academic rank with 3 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Great Lakes Institute of Technology.

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