Instituto Educativo Premier

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2021 Average Net Price
$10,178
After Financial Aid
2019 Student Loan
4.56%
Default Rate
2021 Enrolled Students
258
100% Full-Time

About

Instituto Educativo Premier is a higher education institution located in Ponce Municipio, PR. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Instituto Educativo Premier were Nail Specialist & Manicurist (71 degrees awarded), General Cosmetology (70 degrees), and Barbering (62 degrees).

In 2021, 245 degrees were awarded across all undergraduate and graduate programs at Instituto Educativo Premier. 79.2% of these degrees were awarded to women, and 20.8% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (245 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $10,178.

In 2021, 97% of undergraduate students attending Instituto Educativo Premier received financial aid through grants.

Average Net Price

$10,178
2021 Value
2.58%
1 Year Growth

In 2021 Instituto Educativo Premier had an average net price — the price paid after factoring in grants and loans — of $10,178. Between 2020 and 2021, the average net price of Instituto Educativo Premier grew by 2.58%.

This chart compares the average net price of Instituto Educativo Premier (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

97%
Undergraduates Receiving Financial Aid through Grants

97% of undergraduate students at Instituto Educativo Premier received financial aid through grants or loans in 2021. This represents a decline of 2.02% with respect to 2020, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Instituto Educativo Premier (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.
4.56%
2019 Default Rate
86
Number of Defaults

In 2019 the default rate for borrower's at Instituto Educativo Premier was 4.56%, which represents 86 out of the 1884 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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bookEnrollment

Instituto Educativo Premier had a total enrollment of 258 students in 2021. The full-time enrollment at Instituto Educativo Premier is 258 students and the part-time enrollment is 0. This means that 100% of students enrolled at Instituto Educativo Premier are enrolled full-time.

The enrolled student population at Instituto Educativo Premier, both undergraduate and graduate, is 100% Hispanic or Latino.

Students enrolled at Instituto Educativo Premier in full-time Undergraduate programs are most commonly Hispanic or Latino Female (68.2%), followed by Hispanic or Latino Male (31.8%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Instituto Educativo Premier in 2021, both undergraduate and graduate, is 258 students. The full-time enrollment at Instituto Educativo Premier is 258 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Instituto Educativo Premier (in red) compares to similar universities.

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Retention Rate over Time

81%
2020 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 Instituto Educativo Premier was 81%. Compared with the full-time retention rate at similar (77%), Instituto Educativo Premier had a retention rate higher than its peers.

This chart shows the retention rate over time at Instituto Educativo Premier (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Hispanic or Latino
Most Common Race or Ethnicity (2021)
258 enrolled students

The enrolled student population at Instituto Educativo Premier is 100% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

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learningGraduates

In 2021, 143 more women than men received degrees from Instituto Educativo Premier. The most common race/ethnicity group of degree recipients at Instituto Educativo Premier is hispanic or latino (245 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Instituto Educativo Premier is Nail Specialist & Manicurist (71 degrees awarded), followed by General Cosmetology (70 degrees) and Barbering (62 degrees).

In 2021,  the most specialized majors across all degree types at Instituto Educativo Premier, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (240 degrees awarded) and Health (5 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 Instituto Educativo Premier are Registered nurses (1,332,143 people), Medical & health services managers (145,611 people), Nurse practitioners & nurse midwives (131,680 people), Pharmacists (131,120 people), and Physicians (106,819 people).

The most specialized majors at Instituto Educativo Premier in 2021 are Personal & Culinary Services (240 degrees awarded) and Health (5 degrees) (as of 2021).

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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 Instituto Educativo Premier are Chief executives & legislators, Surgeons, Physicians, Podiatrists, and Nurse anesthetists

The most specialized majors at Instituto Educativo Premier are Personal & Culinary Services (240 degrees awarded) and Health (5 degrees) (as of 2021).

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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 Instituto Educativo Premier are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,442,537 people), Outpatient care centers (215,028 people), Elementary & secondary schools (208,642 people), Offices of physicians (192,448 people), and Colleges, universities & professional schools, including junior colleges (123,331 people).

The most specialized majors at Instituto Educativo Premier are Personal & Culinary Services (240 degrees awarded) and Health (5 degrees) (as of 2021).

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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 Instituto Educativo Premier.
Most Common (2021)
  1. 71 degrees awarded
  2. 70 degrees awarded
  3. 62 degrees awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Instituto Educativo Premier was Nail Specialist & Manicurist with 71 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Instituto Educativo Premier according to their major.

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Sex Breakdown for Common Majors

51
Degrees Awarded to Men
in 2021
194
Degrees Awarded to Women
in 2021

In 2021, 51 degrees were awarded to men at Instituto Educativo Premier, which is 0.263 times less than the number of degrees awarded to females (194).

This chart displays the sex disparity between the top 5 majors at Instituto Educativo Premier by degrees awarded.

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Most Common Male Majors

In 2021, 45 degrees were awarded to men at Instituto Educativo Premier in Barbering, which is 2.65 times more than the 17 female recipients with that same degree.

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Most Common Female Majors

In 2021, 70 degrees were awarded to men at Instituto Educativo Premier in Nail Specialist & Manicurist, which is 70 times more than the 1 male recipients with that same degree.

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Time to Complete

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

In 2021, 77% of students graduating from Instituto Educativo Premier 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 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

Hispanic or Latino
Most Common Student Race or Ethnicity (2021)
245 degrees awarded

The most common race/ethnicity at Instituto Educativo Premier is hispanic or latino (245 degrees awarded).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. Hispanic or Latino Female
    194 degrees awarded
  2. Hispanic or Latino Male
    51 degrees awarded

The most common race/ethnicity and sex grouping at Instituto Educativo Premier is hispanic or latino female (194 degrees awarded). There were 3.8 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (51 degrees).

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briefcaseOperations

Salary Expenditure

$1.73M
2021 Salaries
7.89%
growth from 2020

In 2021, Instituto Educativo Premier paid a median of $1.73M in salaries, a 7.89% growth from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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