Institute of Production and Recording

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2017 Undergraduate Tuition

$17,550

5.98% growth from 2016

2017 Average Net Price

$23,680

After Financial Aid

2016 Student Loan

19.4%

Default Rate

2017 Enrolled Students

212

75.9% Full-Time

2017 Graduation Rate

61.8%

34 Graduates

About

Institute of Production and Recording is a higher education institution located in Hennepin County, MN. In 2016, the most popular Bachelor's Degree concentrations at Institute of Production and Recording were Advertising (3 degrees awarded) and Animation, Interactive Technology, Video Graphics, & Special Effects (0 degrees).

In 2017, 77 degrees were awarded across all undergraduate and graduate programs at Institute of Production and Recording. 11.7% of these degrees were awarded to women, and 88.3% awarded men. The majority of degree recipients were white (65 degrees), 16.3 times more than then the next closest race/ethnicity group, hispanic or latino (4 degrees).

The median undergraduate tuition at Institute of Production and Recording is $17,550, which is $3,550 more than the national average for Special Focus Institutions ($14,000).

Costs

The median undergraduate tuition at Institute of Production and Recording is $17,550, which is $3,550 more than the national average for Special Focus Institutions ($14,000).

After taking grants and loans into account, the average net price for students is $23,680.

In 2017, 27% of undergraduate students received federal grants, while 38% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$17,550

2017 Undergraduate Tuition

In 2017, the cost of tuition at Institute of Production and Recording was $17,550. The cost of tuition at Institute of Production and Recording is $3,550 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

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Average Net Price

$23,680

2017 Value

6.31%

1 Year Growth

In 2017 Institute of Production and Recording had an average net price — the price paid after factoring in grants and loans — of $23,680. Between 2016 and 2017, the average net price of Institute of Production and Recording grew by 6.31%.

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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

$5,702

Room and Board

$279

Books and Supplies

The average yearly cost of room and board at Institute of Production and Recording was of $5,702 in 2017. During the same period, the average yearly cost of books and supplies was $279. The cost of room and board increased by 4.2% between 2016 and 2017. The cost of books and supplies decreased by 89.7% during the same period.

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Financial Aid

Financial Aid by Income Level

27%

Of Undergraduates Receive Grants

38%

Of Undergraduates Receive Federal Loans

27% of undergraduate students at Institute of Production and Recording received grants or loans in 2017. This represents a decline of 55.7% with respect to 2016, when 61% of undergraduate students received financial aid.

This chart compares the average award discount at Institute of Production and Recording (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.

19.4%

2016 Default Rate

26

Number of Defaults

In 2016 the default rate for borrower's at Institute of Production and Recording was 19.4%, which represents 26 out of the 134 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

Institute of Production and Recording has a total enrollment of 212 students. The full-time enrollment at Institute of Production and Recording is 161 students and the part-time enrollment is 51. This means that 75.9% of students enrolled at Institute of Production and Recording are enrolled full-time.

The enrolled student population at Institute of Production and Recording, both undergraduate and graduate, is 74.5% White, 9.91% Black or African American, 8.02% Hispanic or Latino, 1.42% Asian, 1.42% Native Hawaiian or Other Pacific Islanders, 1.42% American Indian or Alaska Native, and 0.943% Two or More Races.

Students enrolled at Institute of Production and Recording in full-time Undergraduate programs are majority White Male (62.1%), followed by White Female (14.3%) and Black or African American Male (6.83%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

75.9%

Full-Time Enrollment

The total enrollment at Institute of Production and Recording, both undergraduate and graduate, is 212 students. The full-time enrollment at Institute of Production and Recording is 161 and the part-time enrollment is 51. This means that 75.9% of students enrolled at Institute of Production and Recording 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 Institute of Production and Recording (in red) compares to similar universities.

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Retention Rate over Time

83%

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 Institute of Production and Recording was 83%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Institute of Production and Recording had a retention rate higher than its peers.

This chart shows the retention rate over time at Institute of Production and Recording (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    158

  2. Black or African American

    21

  3. Hispanic or Latino

    17

The enrolled student population at Institute of Production and Recording is 74.5% White, 9.91% Black or African American, 8.02% Hispanic or Latino, 1.42% Asian, 1.42% Native Hawaiian or Other Pacific Islanders, 1.42% American Indian or Alaska Native, and 0.943% Two or More Races. 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, 59 fewer women than men received degrees from Institute of Production and Recording. The majority of degree recipients at Institute of Production and Recording are white (65 degrees awarded). There were 16.3 times more white graduates than the next closest race/ethnicity group, hispanic or latino (4 degrees).

The most common Bachelor's Degree concentration at Institute of Production and Recording is Advertising (3 degrees awarded), followed by Animation, Interactive Technology, Video Graphics, & Special Effects (0 degrees) and N/A.

The most specialized majors across all degree types at Institute of Production and Recording, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (67 degrees awarded), Visual & Performing Arts (7 degrees), and Communications (3 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 Institute of Production and Recording are Elementary & middle school teachers (172,483 people), Other managers (170,152 people), Graphic designers (109,366 people), Postsecondary teachers (85,154 people), and Customer service representatives (81,958 people).

The most specialized majors at Institute of Production and Recording are Communication Technologies (67 degrees awarded), Visual & Performing Arts (7 degrees), and Communications (3 degrees).

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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 Institute of Production and Recording are Dentists, Magnetic resonance imaging technologists, Sales engineers, Physicians, and Diagnostic medical sonographers

The most specialized majors at Institute of Production and Recording are Communication Technologies (67 degrees awarded), Visual & Performing Arts (7 degrees), and Communications (3 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 Institute of Production and Recording are Elementary & secondary schools (309,358 people), Colleges, universities & professional schools, including junior colleges (218,695 people), Computer Systems Design (139,617 people), Advertising, public relations & related services (131,125 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (102,574 people).

The most specialized majors at Institute of Production and Recording are Communication Technologies (67 degrees awarded), Visual & Performing Arts (7 degrees), and Communications (3 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 Institute of Production and Recording.

Most Common

  1. 3 degrees awarded

  2. 0 degrees awarded

  3. N/A

    N/A degrees awarded

In 2017, the most common bachelors degree concentration at Institute of Production and Recording was Advertising with 3 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Institute of Production and Recording according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 68

  2. 9

In 2017, 68 degrees were awarded to men at Institute of Production and Recording, which is 7.56 times more than the number of degrees awarded to females (9).

This chart displays the gender disparity between the top 5 majors at Institute of Production and Recording by degrees awarded.

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Most Common Male Majors

In 2017, 56 degrees were awarded to men at Institute of Production and Recording in Recording Arts Technology, which is 9.33 times more than the 6 female recipients with that same degree.

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Most Common Female Majors

In 2017, 6 degrees were awarded to women at Institute of Production and Recording in Recording Arts Technology, which is 0.107 times less than the 56 male recipients with that same degree.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Institute of Production and Recording is Female and Hispanic or Latino (100% 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, 11.8% of graduates (4 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    65 degrees awarded

  2. Hispanic or Latino

    4 degrees awarded

  3. Unknown

    3 degrees awarded

The most common race/ethnicity at Institute of Production and Recording is white (65 degrees awarded). There were 16.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (4 degrees).

3.9% of degree recipients (3 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    58 degrees awarded

  2. White Female

    7 degrees awarded

  3. Hispanic or Latino Male

    4 degrees awarded

The most common race/ethnicity and gender grouping at Institute of Production and Recording is white male (58 degrees awarded). There were 8.29 times more white male recipients than the next closest race/ethnicity group, white female (7 degrees).

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Operations

Institute of Production and Recording has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $39 (N/A%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, Institute of Production and Recording had a total salary expenditure of $5.03M. Institute of Production and Recording employs 5 Instructors, 0 N/A, and 0 N/A. Most academics at Institute of Production and Recording are Male Instructors (5), Female Instructors(0), and N/A (0).

The most common positions for non-instructional staff at Institute of Production and Recording are: Management, with 6 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 6 employees, and Office and Administrative Support with 1 employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

Institute of Production and Recording has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Institute of Production and Recording 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 Institute of Production and Recording (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: Technical Professions Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Institute of Production and Recording received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$1.85M

2017 Salaries

0.467%

decline from 2016

In 2017, Institute of Production and Recording paid a median of $1.85M in salaries, which represents 36.9% of their overall expenditure ($5.03M) and a 0.467% decline from the previous year. This is compared to a 16.7% decline from 2015 and a 19.1% decline from 2014.

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

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Instructional Salaries

$276k

Instructional Salaries

5

Number of Employees

In 2017, Institute of Production and Recording paid a total of $276k to 5 employees working as instructors, which represents 14.9% of all salaries paid.

This is compared to a median of $584k (28.9%) for similar Special Focus Two-Year: Technical Professions.

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Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

5 Employees

Management

Most Common Non-Instructional Employee

6 Employees

In 2017, the most common positions for instructional staff at Institute of Production and Recording were Instructor with 5 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Institute of Production and Recording were Management with 6 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 6 employees; and Office and Administrative Support with 1 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Instructor

  2. Female Instructor

  3. false

In 2017, the most common demographic for instructional staff at Institute of Production and Recording was Male Instructor with 5 employees, Female Instructor with 0 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Institute of Production and Recording.

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