Hobart Institute of Welding Technology

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2022 Average Net Price
$17,118
After Financial Aid
2019 Default Rate
3.31%
on Student Loans
2022 Enrolled Students
396
100% Full-Time

About

Hobart Institute of Welding Technology is a higher education institution located in Miami County, OH. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Hobart Institute of Welding Technology were Welding Technology (256 degrees awarded).

In 2022, 306 degrees were awarded across all undergraduate and graduate programs at Hobart Institute of Welding Technology. 7.84% of these degrees were awarded to women, and 92.2% awarded men. The most common race/ethnicity group of degree recipients was white (283 degrees), 31.4 times more than then the next closest race/ethnicity group, two or more races (9 degrees).

Costs

After taking grants and loans into account, the average net price for students is $17,118.

In 2022, 59% of undergraduate students attending Hobart Institute of Welding Technology received financial aid through grants. Comparatively, 28% of undergraduate students received financial aid through loans.

Average Net Price

$17,118
2022 Value
0.123%
1 Year Growth

In 2022 Hobart Institute of Welding Technology had an average net price — the price paid after factoring in grants and loans — of $17,118. Between 2021 and 2022, the average net price of Hobart Institute of Welding Technology grew by 0.123%.

This chart compares the average net price of Hobart Institute of Welding 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 by Income Level

59%
Undergraduates Receiving Financial Aid through Grants
28%
Undergraduates Receiving Financial Aid through Loans

59% of undergraduate students at Hobart Institute of Welding Technology received financial aid through grants or loans in 2022. This represents a growth of 1.72% with respect to 2021, when 58% of undergraduate students received financial aid.

This chart compares the average award discount at Hobart Institute of Welding 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.
3.31%
2019 Default Rate
8
Number of Defaults

In 2019 the default rate for borrower's at Hobart Institute of Welding Technology was 3.31%, which represents 8 out of the 242 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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Enrollment

Hobart Institute of Welding Technology had a total enrollment of 396 students in 2022. The full-time enrollment at Hobart Institute of Welding Technology is 396 students and the part-time enrollment is 0. This means that 100% of students enrolled at Hobart Institute of Welding Technology are enrolled full-time.

The enrolled student population at Hobart Institute of Welding Technology, both undergraduate and graduate, is 90.7% White, 3.79% Hispanic or Latino, 3.03% Two or More Races, 1.77% Black or African American, 0.505% Asian, and 0.253% American Indian or Alaska Native.

Students enrolled at Hobart Institute of Welding Technology in full-time Undergraduate programs are most commonly White Male (84.1%), followed by White Female (6.57%) and Hispanic or Latino Male (3.28%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Hobart Institute of Welding Technology in 2022, both undergraduate and graduate, is 396 students. The full-time enrollment at Hobart Institute of Welding Technology is 396 and the part-time enrollment is 0.

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

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Retention Rate over Time

93%
2022 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 Hobart Institute of Welding Technology was 93%. Compared with the full-time retention rate at similar (79%), Hobart Institute of Welding Technology had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    359 enrolled students
  2. Hispanic or Latino
    15 enrolled students
  3. Two or More Races
    12 enrolled students

The enrolled student population at Hobart Institute of Welding Technology is 90.7% White, 3.79% Hispanic or Latino, 3.03% Two or More Races, 1.77% Black or African American, 0.505% Asian, and 0.253% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

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Graduates

In 2022, 258 fewer women than men received degrees from Hobart Institute of Welding Technology. The most common race/ethnicity group of degree recipients at Hobart Institute of Welding Technology is white (283 degrees awarded). There were 31.4 times more white recipients than the next closest race/ethnicity group, two or more races (9 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Hobart Institute of Welding Technology is Welding Technology (256 degrees awarded).

In 2022,  the most specialized majors across all degree types at Hobart Institute of Welding Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (306 degrees awarded).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Hobart Institute of Welding Technology are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Hobart Institute of Welding Technology in 2022 are Precision Production (306 degrees awarded) (as of 2022).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Hobart Institute of Welding Technology are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Hobart Institute of Welding Technology are Precision Production (306 degrees awarded) (as of 2022).

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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 Hobart Institute of Welding Technology are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Hobart Institute of Welding Technology are Precision Production (306 degrees awarded) (as of 2022).

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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 Hobart Institute of Welding Technology.
Most Common (2022)
256 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Hobart Institute of Welding Technology was Welding Technology with 256 degrees awarded.

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

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Sex Breakdown for Common Majors

282
Degrees Awarded to Men
in 2022
24
Degrees Awarded to Women
in 2022

In 2022, 282 degrees were awarded to men at Hobart Institute of Welding Technology, which is 11.8 times more than the number of degrees awarded to females (24).

This chart displays the sex disparity between the top 5 majors at Hobart Institute of Welding Technology by degrees awarded.

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Most Common Male Majors

In 2022, 282 degrees were awarded to men at Hobart Institute of Welding Technology in Welding Technology, which is 11.8 times more than the 24 female recipients with that same degree.

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Most Common Female Majors

In 2022, 24 degrees were awarded to men at Hobart Institute of Welding Technology in Welding Technology, which is 0.0851 times less than the 282 male recipients with that same degree.

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Time to Complete

82%
100% Completion Time
92%
150% Completion Time

In 2022, 82% of students graduating from Hobart Institute of Welding Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 92% completed their degrees within 150% of the normal time, and 92% 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. White
    283 degrees awarded
  2. Two or More Races
    9 degrees awarded
  3. Hispanic or Latino
    7 degrees awarded

The most common race/ethnicity at Hobart Institute of Welding Technology is white (283 degrees awarded). There were 31.4 times more white recipients than the next closest race/ethnicity group, two or more races (9 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    260 degrees awarded
  2. White Female
    23 degrees awarded
  3. Two or More Races Male
    9 degrees awarded

The most common race/ethnicity and sex grouping at Hobart Institute of Welding Technology is white male (260 degrees awarded). There were 11.3 times more white male recipients than the next closest race/ethnicity group, white female (23 degrees).

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Operations

Salary Expenditure

$3.32M
2022 Salaries
0.97%
growth from 2021

In 2022, Hobart Institute of Welding Technology paid a median of $3.32M in salaries, a 0.97% growth from the previous year.

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

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