IBMC College-Colorado Springs Campus

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    2017 Average Net Price
    $18,880
    After Financial Aid
    2014 Default Rate
    13.5%
    on Student Loans
    2016 Enrolled Students
    269
    100% Full-Time
    2017 Graduation Rate
    45.8%
    114 Graduates

    About

    IBMC College-Colorado Springs Campus is a higher education institution located in El Paso County, CO. In 2017, the most popular Less than 1 Year Postsecondary Certificate concentrations at IBMC College-Colorado Springs Campus were Dental Assisting (35 degrees awarded), Aesthetician & Skin Care Specialist (21 degrees), and Massage Therapy (5 degrees).

    In 2017, 119 degrees were awarded across all undergraduate and graduate programs at IBMC College-Colorado Springs Campus. 88.2% of these degrees were awarded to women, and 11.8% awarded men. The most common race/ethnicity group of degree recipients was white (101 degrees), 7.77 times more than then the next closest race/ethnicity group, hispanic or latino (13 degrees).

    In 2014 the default rate for borrower's at IBMC College-Colorado Springs Campus was 13.5%, corresponding to 32 out of the 237 total borrowers.

    Costs

    After taking grants and loans into account, the average net price for students is $18,880.

    In 2017, 85% of undergraduate students attending IBMC College-Colorado Springs Campus received financial aid through grants. Comparatively, 90% of undergraduate students received financial aid through loans.

    Average Net Price

    $18,880
    2017 Value
    2.44%
    1 Year Growth

    In 2017 IBMC College-Colorado Springs Campus had an average net price — the price paid after factoring in grants and loans — of $18,880. Between 2016 and 2017, the average net price of IBMC College-Colorado Springs Campus grew by 2.44%.

    This chart compares the average net price of IBMC College-Colorado Springs Campus (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

    85%
    Undergraduates Receiving Financial Aid through Grants
    90%
    Undergraduates Receiving Financial Aid through Loans

    85% of undergraduate students at IBMC College-Colorado Springs Campus received financial aid through grants or loans in 2017. This represents a growth of 4.94% with respect to 2016, when 81% of undergraduate students received financial aid.

    This chart compares the average award discount at IBMC College-Colorado Springs Campus (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.
    13.5%
    2014 Default Rate
    32
    Number of Defaults

    In 2014 the default rate for borrower's at IBMC College-Colorado Springs Campus was 13.5%, which represents 32 out of the 237 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

    IBMC College-Colorado Springs Campus had a total enrollment of 269 students in 2016. The full-time enrollment at IBMC College-Colorado Springs Campus is 269 students and the part-time enrollment is 0. This means that 100% of students enrolled at IBMC College-Colorado Springs Campus are enrolled full-time.

    The enrolled student population at IBMC College-Colorado Springs Campus, both undergraduate and graduate, is 66.2% White, 17.5% Hispanic or Latino, 7.06% Black or African American, 3.35% Two or More Races, 1.86% Native Hawaiian or Other Pacific Islanders, 1.49% Asian, and 0.372% American Indian or Alaska Native.

    Students enrolled at IBMC College-Colorado Springs Campus in full-time Undergraduate programs are most commonly White Female (53%), followed by White Male (17.6%) and Hispanic or Latino Female (12.4%).

    Full-Time vs Part-Time Enrollment

    100%
    Full-Time Enrollment

    The total enrollment at IBMC College-Colorado Springs Campus in 2016, both undergraduate and graduate, is 269 students. The full-time enrollment at IBMC College-Colorado Springs Campus is 269 and the part-time enrollment is 0. This means that 100% of students enrolled at IBMC College-Colorado Springs Campus are enrolled full-time compared with 74.1% at similar Special Focus Institutions.

    This chart shows the full-time vs part-time enrollment status at IBMC College-Colorado Springs Campus (in red) compares to similar universities.

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    Retention Rate over Time

    69%
    2016 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 IBMC College-Colorado Springs Campus was 69%. Compared with the full-time retention rate at similar Special Focus Institutions (76%), IBMC College-Colorado Springs Campus had a retention rate lower than its peers.

    This chart shows the retention rate over time at IBMC College-Colorado Springs Campus (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2016)
    1. White
      178 enrolled students
    2. Hispanic or Latino
      47 enrolled students
    3. Black or African American
      19 enrolled students

    The enrolled student population at IBMC College-Colorado Springs Campus is 66.2% White, 17.5% Hispanic or Latino, 7.06% Black or African American, 3.35% Two or More Races, 1.86% Native Hawaiian or Other Pacific Islanders, 1.49% Asian, and 0.372% 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 Special Focus Institutions is 39.9% White, 19.4% Hispanic or Latino, and 17% Black or African American.

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    Graduates

    In 2017, 91 more women than men received degrees from IBMC College-Colorado Springs Campus. The most common race/ethnicity group of degree recipients at IBMC College-Colorado Springs Campus is white (101 degrees awarded). There were 7.77 times more white recipients than the next closest race/ethnicity group, hispanic or latino (13 degrees).

    The most common Less than 1 Year Postsecondary Certificate concentration at IBMC College-Colorado Springs Campus is Dental Assisting (35 degrees awarded), followed by Aesthetician & Skin Care Specialist (21 degrees) and Massage Therapy (5 degrees).

    In 2017,  the most specialized majors across all degree types at IBMC College-Colorado Springs Campus, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (21 degrees awarded), Health (92 degrees), and Parks, Recreation, & Leisure (6 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 IBMC College-Colorado Springs Campus are Registered nurses (1,506,982 people), Medical & health services managers (169,535 people), Nurse practitioners & nurse midwives (168,045 people), Pharmacists (138,946 people), and Physicians (124,107 people).

    The most specialized majors at IBMC College-Colorado Springs Campus in 2017 are Personal & Culinary Services (21 degrees awarded), Health (92 degrees), and Parks, Recreation, & Leisure (6 degrees) (as of 2017).

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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 IBMC College-Colorado Springs Campus are Surgeons, Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Skincare specialists, and Physicians

    The most specialized majors at IBMC College-Colorado Springs Campus are Personal & Culinary Services (21 degrees awarded), Health (92 degrees), and Parks, Recreation, & Leisure (6 degrees) (as of 2017).

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    Common Industries by Major

    The most common industries for people who hold a degree in one of the 5 most specialized majors at IBMC College-Colorado Springs Campus are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,656,548 people), Elementary & secondary schools (328,034 people), Outpatient care centers (315,076 people), Offices of physicians (215,207 people), and Colleges, universities & professional schools, including junior colleges (182,100 people).

    The most specialized majors at IBMC College-Colorado Springs Campus are Personal & Culinary Services (21 degrees awarded), Health (92 degrees), and Parks, Recreation, & Leisure (6 degrees) (as of 2017).

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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 IBMC College-Colorado Springs Campus.
    Most Common (2017)
    1. 35 degrees awarded
    2. 21 degrees awarded
    3. 5 degrees awarded

    In 2017, the most common less than 1 year postsecondary certificate concentration at IBMC College-Colorado Springs Campus was Dental Assisting with 35 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from less than 1 year postsecondary certificate programs at IBMC College-Colorado Springs Campus according to their major.

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    Sex Breakdown for Common Majors

    14
    Degrees Awarded to Men
    in 2017
    105
    Degrees Awarded to Women
    in 2017

    In 2017, 14 degrees were awarded to men at IBMC College-Colorado Springs Campus, which is 0.133 times less than the number of degrees awarded to females (105).

    This chart displays the sex disparity between the top 5 majors at IBMC College-Colorado Springs Campus by degrees awarded.

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    Most Common Male Majors

    In 2017, 4 degrees were awarded to men at IBMC College-Colorado Springs Campus in Physical Fitness Technician, which is 2 times more than the 2 female recipients with that same degree.

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    Most Common Female Majors

    In 2017, 34 degrees were awarded to men at IBMC College-Colorado Springs Campus in Dental Assisting, which is 34 times more than the 1 male recipients with that same degree.

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    Time to Complete

    62%
    100% Completion Time
    77%
    150% Completion Time

    In 2017, 62% of students graduating from IBMC College-Colorado Springs Campus completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 77% completed their degrees within 150% of the normal time, and 77% 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2017)
    1. White
      101 degrees awarded
    2. Hispanic or Latino
      13 degrees awarded
    3. Asian
      2 degrees awarded

    The most common race/ethnicity at IBMC College-Colorado Springs Campus is white (101 degrees awarded). There were 7.77 times more white recipients than the next closest race/ethnicity group, hispanic or latino (13 degrees).

    1.68% of degree recipients (2 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2017)
    1. White Female
      138 degrees awarded
    2. White Female
      100 degrees awarded
    3. White Female
      98 degrees awarded

    The most common race/ethnicity and sex grouping at IBMC College-Colorado Springs Campus is white female (138 degrees awarded). There were 1.38 times more white female recipients than the next closest race/ethnicity group, white female (100 degrees).

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    Operations

    In 2017, IBMC College-Colorado Springs Campus had a total salary expenditure of 18.3M. IBMC College-Colorado Springs Campus employs 11 Instructors. Most academics at IBMC College-Colorado Springs Campus are Female Instructor (8), and Male Instructor (3).

    The most common positions for non-instructional staff at IBMC College-Colorado Springs Campus are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 6 employees, Business and Financial Operations, with 2 employees, and Management with 2 employees.

    Salary Expenditure

    $5.86M
    2017 Salaries
    14.2%
    decline from 2016

    In 2017, IBMC College-Colorado Springs Campus paid a median of $5.86M in salaries, which represents 32.1% of their overall expenditure ($18.3M) and a 14.2% decline from the previous year. This is compared to a 154% growth between 2015 and 2016, and a 11.9% growth between 2014 and 2015.

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    Instructional Salaries

    $319k
    Instructional Salaries
    11
    Number of Employees

    In 2016, IBMC College-Colorado Springs Campus paid a total of $319k to 11 employees working as instructors, which represents 4.67% of all salaries paid.

    This is compared to a median of $213k (6.38%) for similar Special Focus Institutions.

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    Occupations by Share

    In 2016, the most common positions for non-instructional staff at IBMC College-Colorado Springs Campus were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 6 employees, Business and Financial Operations with 2 employees, and Management with 2 employees.

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