Marion Technical College

www.mtc.edu

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2022 Undergraduate Tuition

$5,700

14% growth from 2021

2022 Average Net Price

$6,748

After Financial Aid

2020 Default Rate

0.427%

on Student Loans

2022 Enrolled Students

2,767

15.4% Full-Time

2022 Graduation Rate

29.9%

58 Graduates

About

Marion Technical College is a higher education institution located in Marion County, OH. In 2022, the most popular Associates Degree concentrations at Marion Technical College were General Studies (55 degrees awarded), Registered Nursing (37 degrees), and General Business Administration & Management (31 degrees).

In 2022, 416 degrees were awarded across all undergraduate and graduate programs at Marion Technical College. 56.7% of these degrees were awarded to women, and 43.3% awarded men. The most common race/ethnicity group of degree recipients was white (354 degrees), 14.8 times more than then the next closest race/ethnicity group, black or african american (24 degrees).

The median undergraduate tuition at Marion Technical College is $5,700, which is $−2,412 less than the national average for Associates Colleges ($8,112).

In 2020 the default rate for borrower's at Marion Technical College was 0.427%, corresponding to 1 out of the 234 total borrowers.

Associates Colleges: High Transfer-Mixed Traditional/Nontraditional Associates Colleges

Costs

In 2022, the median undergraduate tuition at Marion Technical College is $5,700, which is $2,412 less than the national average for Associates Colleges ($8,112).

After taking grants and loans into account, the average net price for students is $6,748.

In 2022, 42% of undergraduate students attending Marion Technical College received financial aid through grants. Comparatively, 9% of undergraduate students received financial aid through loans.

Tuition Costs

$5,700

2022 Undergraduate Tuition

In 2022, the cost of tuition at Marion Technical College was $5,700. The cost of tuition at Marion Technical College is $−2,412 less than than the overall (public and private) national average for Associates Colleges ($8,112).

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

Average Net Price

$6,748

2022 Value

1.61%

1 Year Growth

In 2022 Marion Technical College had an average net price — the price paid after factoring in grants and loans — of $6,748. Between 2021 and 2022, the average net price of Marion Technical College grew by 1.61%.

This chart compares the average net price of Marion Technical College (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

$5,000

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Marion Technical College was of $5,000 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $900. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

42%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

42% of undergraduate students at Marion Technical College received financial aid through grants or loans in 2022. This represents a decline of 2.33% with respect to 2021, when 43% of undergraduate students received financial aid.

This chart compares the average award discount at Marion Technical College (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.

0.427%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Marion Technical College was 0.427%, which represents 1 out of the 234 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

Marion Technical College had a total enrollment of 2,767 students in 2022. The full-time enrollment at Marion Technical College is 425 students and the part-time enrollment is 2,342. This means that 15.4% of students enrolled at Marion Technical College are enrolled full-time.

The enrolled student population at Marion Technical College, both undergraduate and graduate, is 78.9% White, 8.46% Black or African American, 5.53% Two or More Races, 1.63% Asian, 1.48% Hispanic or Latino, and 0.253% American Indian or Alaska Native.

Students enrolled at Marion Technical College in full-time Undergraduate programs are most commonly White Female (54.4%), followed by White Male (29.6%) and Black or African American Male (5.41%).

Full-Time vs Part-Time Enrollment

15.4%

Full-Time Enrollment

The total enrollment at Marion Technical College in 2022, both undergraduate and graduate, is 2,767 students. The full-time enrollment at Marion Technical College is 425 and the part-time enrollment is 2,342. This means that 15.4% of students enrolled at Marion Technical College are enrolled full-time compared with 32.2% at similar Associates Colleges.

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

Retention Rate over Time

56%

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 Marion Technical College was 56%. Compared with the full-time retention rate at similar Associates Colleges (62%), Marion Technical College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
2,182 enrolled students
Black or African American
234 enrolled students
Two or More Races
153 enrolled students

The enrolled student population at Marion Technical College is 78.9% White, 8.46% Black or African American, 5.53% Two or More Races, 1.63% Asian, 1.48% Hispanic or Latino, 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 Associates Colleges is 42.9% White, 27.9% Hispanic or Latino, and 12.5% Black or African American.

Graduates

In 2022, 56 more women than men received degrees from Marion Technical College. The most common race/ethnicity group of degree recipients at Marion Technical College is white (354 degrees awarded). There were 14.8 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

The most common Associates Degree concentration at Marion Technical College is General Studies (55 degrees awarded), followed by Registered Nursing (37 degrees) and General Business Administration & Management (31 degrees).

In 2022, the most specialized majors across all degree types at Marion Technical College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (40 degrees awarded), Engineering Technologies (27 degrees), and Protective Services (24 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 Marion Technical College are Registered nurses (1,484,583 people), Accountants & auditors (1,043,644 people), Other managers (791,923 people), Financial managers (498,835 people), and Chief executives & legislators (399,456 people).

The most specialized majors at Marion Technical College in 2022 are Construction (40 degrees awarded), Engineering Technologies (27 degrees), Protective Services (24 degrees), Health (135 degrees), and Business (110 degrees) (as of 2022).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Marion Technical College are Cardiovascular technologists and technicians, Surgeons, Physicians, Photographic process workers & processing machine operators, and Chief executives & legislators

The most specialized majors at Marion Technical College are Construction (40 degrees awarded), Engineering Technologies (27 degrees), Protective Services (24 degrees), Health (135 degrees), and Business (110 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 Marion Technical College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,806,222 people), Elementary & secondary schools (723,216 people), Computer Systems Design (564,582 people), Construction (504,540 people), and Justice, public order, & safety activities (502,163 people).

Majors Awarded

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

Most Common (2022)

General Studies
55 degrees awarded
Registered Nursing
37 degrees awarded
General Business Administration & Management
31 degrees awarded

In 2022, the most common associates degree concentration at Marion Technical College was General Studies with 55 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Marion Technical College according to their major.

Sex Breakdown for Common Majors

180

Degrees Awarded to Men

in 2022

236

Degrees Awarded to Women

in 2022

In 2022, 180 degrees were awarded to men at Marion Technical College, which is 0.763 times less than the number of degrees awarded to females (236).

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

Most Common Male Majors

In 2022, 43 degrees were awarded to men at Marion Technical College in General Business Administration & Management, which is 1.39 times more than the 31 female recipients with that same degree.

Most Common Female Majors

In 2022, 45 degrees were awarded to men at Marion Technical College in General Studies, which is 4.5 times more than the 10 male recipients with that same degree.

Time to Complete

19%

100% Completion Time

31%

150% Completion Time

In 2022, 19% of students graduating from Marion Technical College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 31% completed their degrees within 150% of the normal time, and 38% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (40%)

The student demographic with the highest graduation rate in 2022 at Marion Technical College is Female and Two or More Races (40% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (73.2%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
354 degrees awarded
Black or African American
24 degrees awarded
Two or More Races
9 degrees awarded

The most common race/ethnicity at Marion Technical College is white (354 degrees awarded). There were 14.8 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

4.57% of degree recipients (19 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
209 degrees awarded
White Male
145 degrees awarded
Black or African American Male
18 degrees awarded

The most common race/ethnicity and sex grouping at Marion Technical College is white female (209 degrees awarded). There were 1.44 times more white female recipients than the next closest race/ethnicity group, white male (145 degrees).

Operations

Marion Technical College has an endowment valued at nearly $1.21M, as of the end of the 2022 fiscal year. The return on its endowment was of 4.5k (0.37%) compared to the 0.843% average return (43.9k on 5.21M) across all Associates Colleges.

In 2022, Marion Technical College had a total salary expenditure of 16.7M. Marion Technical College employs 16 Assistant professors, 15 Professors and 12 Instructors. Most academics at Marion Technical College are Female Professor (11), Female Instructor (10), and Male Assistant professor (8).

The most common positions for non-instructional staff at Marion Technical College are: Management, with 27 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 21 employees, and Office and Administrative Support with 7 employees.

Endowment

$1.21M

2022 Endowment

6.61%

decline from 2021

Marion Technical College has an endowment valued at about $1.21M, as of the end of the 2022 fiscal year. The endowment of Marion Technical College declined 6.61% from the previous year. The value of their endowment was $4M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Marion Technical College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-Mixed Traditional/Nontraditional Carnegie Classification grouping.

Salary Expenditure

$9.15M

2022 Salaries

3.73%

growth from 2021

In 2022, Marion Technical College paid a median of $9.15M in salaries, which represents 54.7% of their overall expenditure ($16.7M) and a 3.73% growth from the previous year. This is compared to a 2.49% decline between 2020 and 2021, and a 5.68% growth between 2019 and 2020.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$3.05M

Instructional Salaries

Number of Employees

In 2022, Marion Technical College paid a total of $3.05M to 49 employees working as instructors, which represents 33.3% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

16 Employees

Management

Most Common Non-Instructional Employee

27 Employees

In 2022, the most common positions for instructional staff at Marion Technical College were Assistant professor with 16 employees, Professor with 15 employees, and Instructor with 12 employees.

In 2022, the most common positions for non-instructional staff at Marion Technical College were Management with 27 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 21 employees, and Office and Administrative Support with 7 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Professor
Female Instructor
Male Assistant professor

In 2022, the most common demographic for instructional staff at Marion Technical College was Female Professor with 11 employees, Female Instructor with 10 employees, and Male Assistant professor with 8 employees.

This chart shows the sex split between each academic rank present at Marion Technical College.

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