InterAmerican Technical Institute

www.itischool.com

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2017 Undergraduate Tuition

$6,016

8.32% growth from 2016

2022 Average Net Price

$30,480

After Financial Aid

2020 Default Rate

1.85%

on Student Loans

2022 Enrolled Students

124

100% Full-Time

About

InterAmerican Technical Institute is a higher education institution located in Miami-Dade County, FL. In 2020, the most popular 1 to 2 Year Postsecondary Certificate concentrations at InterAmerican Technical Institute were HVAC Maintenance (11 degrees awarded).

In 2022, 114 degrees were awarded across all undergraduate and graduate programs at InterAmerican Technical Institute. 80.7% of these degrees were awarded to women, and 19.3% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (114 degrees).

The median undergraduate tuition at InterAmerican Technical Institute is $6,016, which is $−6,666 less than the national average for ($12,682).

In 2020 the default rate for borrower's at InterAmerican Technical Institute was 1.85%, corresponding to 1 out of the 54 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

In 2017, the median undergraduate tuition at InterAmerican Technical Institute is $6,016

After taking grants and loans into account, the average net price for students is $30,480.

In 2022, 82% of undergraduate students attending InterAmerican Technical Institute received financial aid through grants. Comparatively, 78% of undergraduate students received financial aid through loans.

Tuition Costs

$6,016

2017 Undergraduate Tuition

In 2017, the cost of tuition at InterAmerican Technical Institute was $6,016.

This chart compares the tuition costs of InterAmerican Technical Institute (in red) with those of other similar universities.

Average Net Price

$30,480

2022 Value

31.9%

1 Year Growth

In 2022 InterAmerican Technical Institute had an average net price — the price paid after factoring in grants and loans — of $30,480. Between 2021 and 2022, the average net price of InterAmerican Technical Institute grew by 31.9%.

This chart compares the average net price of InterAmerican Technical Institute (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.

Other Student Expenses

$10,440

Room and Board

The average yearly cost of room and board at InterAmerican Technical Institute was of $10,440 in 2017. The cost of room and board did not change between 2016 and 2017.

This chart compares the average student costs at InterAmerican Technical Institute (in red) with that of similar universities.

Financial Aid by Income Level

82%

Undergraduates Receiving Financial Aid through Grants

78%

Undergraduates Receiving Financial Aid through Loans

82% of undergraduate students at InterAmerican Technical Institute received financial aid through grants or loans in 2022. This represents a growth of 28.1% with respect to 2021, when 64% of undergraduate students received financial aid.

This chart compares the average award discount at InterAmerican Technical Institute (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.

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.

1.85%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at InterAmerican Technical Institute was 1.85%, which represents 1 out of the 54 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.

Enrollment

InterAmerican Technical Institute had a total enrollment of 124 students in 2022. The full-time enrollment at InterAmerican Technical Institute is 124 students and the part-time enrollment is 0. This means that 100% of students enrolled at InterAmerican Technical Institute are enrolled full-time.

The enrolled student population at InterAmerican Technical Institute, both undergraduate and graduate, is 100% Hispanic or Latino.

Students enrolled at InterAmerican Technical Institute in full-time Undergraduate programs are most commonly Hispanic or Latino Female (73.4%), followed by Hispanic or Latino Male (26.6%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at InterAmerican Technical Institute in 2022, both undergraduate and graduate, is 124 students. The full-time enrollment at InterAmerican Technical Institute is 124 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at InterAmerican Technical Institute (in red) compares to similar universities.

Retention Rate over Time

92%

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 InterAmerican Technical Institute was 92%.

This chart shows the retention rate over time at InterAmerican Technical Institute (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Hispanic or Latino

Most Common Race or Ethnicity (2022)

124 enrolled students

The enrolled student population at InterAmerican Technical Institute is 100% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 70 more women than men received degrees from InterAmerican Technical Institute. The most common race/ethnicity group of degree recipients at InterAmerican Technical Institute is hispanic or latino (114 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at InterAmerican Technical Institute is HVAC Maintenance (11 degrees awarded).

In 2022, the most specialized majors across all degree types at InterAmerican Technical Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Mechanical Technologies (14 degrees awarded), Computer and Information Sciences and Support Services (30 degrees), and Health (70 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at InterAmerican Technical Institute are Registered nurses (1,403,088 people), Software developers (539,000 people), Other managers (160,157 people), Medical & health services managers (155,939 people), and Nurse practitioners & nurse midwives (141,302 people).

The most specialized majors at InterAmerican Technical Institute in 2022 are Mechanical Technologies (14 degrees awarded), Computer and Information Sciences and Support Services (30 degrees), and Health (70 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at InterAmerican Technical Institute are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Chief executives & legislators

The most specialized majors at InterAmerican Technical Institute are Mechanical Technologies (14 degrees awarded), Computer and Information Sciences and Support Services (30 degrees), and Health (70 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at InterAmerican Technical Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,536,428 people), Computer Systems Design (571,982 people), Elementary & secondary schools (274,628 people), Outpatient care centers (248,665 people), and Offices of physicians (212,840 people).

Majors Awarded

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

HVAC Maintenance

Most Common (2020)

11 degrees awarded

In 2020, the most common 1 to 2 year postsecondary certificate concentration at InterAmerican Technical Institute was HVAC Maintenance with 11 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 22 degrees were awarded to men at InterAmerican Technical Institute, which is 0.239 times less than the number of degrees awarded to females (92).

This chart displays the sex disparity between the top 5 majors at InterAmerican Technical Institute by degrees awarded.

Most Common Male Majors

In 2022, 13 degrees were awarded to men at InterAmerican Technical Institute in HVAC Maintenance, which is 13 times more than the 1 female recipients with that same degree.

Most Common Female Majors

In 2022, 40 degrees were awarded to men at InterAmerican Technical Institute in Home Health Aide, which is 20 times more than the 2 male recipients with that same degree.

Time to Complete

63%

100% Completion Time

96%

150% Completion Time

In 2022, 63% of students graduating from InterAmerican Technical Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 96% completed their degrees within 150% of the normal time, and 96% 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.

Race & Ethnicity by Share

Hispanic or Latino

Most Common Student Race or Ethnicity (2022)

114 degrees awarded

The most common race/ethnicity at InterAmerican Technical Institute is hispanic or latino (114 degrees awarded).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Hispanic or Latino Female
92 degrees awarded
Hispanic or Latino Male
22 degrees awarded

The most common race/ethnicity and sex grouping at InterAmerican Technical Institute is hispanic or latino female (92 degrees awarded). There were 4.18 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (22 degrees).

Operations

Salary Expenditure

$400k

2022 Salaries

22%

growth from 2021

In 2022, InterAmerican Technical Institute paid a median of $400k in salaries, a 22% growth from the previous year. This is compared to a 18.7% growth between 2020 and 2021, and a 17.3% growth between 2019 and 2020.

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

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