Marion Technical College

www.mtc.edu/

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2021 Undergraduate Tuition

$5,000

1.21% growth from 2020

2021 Average Net Price

$6,641

After Financial Aid

2019 Student Loan

3.88%

Default Rate

2021 Enrolled Students

2,662

13.7% Full-Time

2021 Graduation Rate

31.4%

54 Graduates

About

Marion Technical College is a higher education institution located in Marion County, OH. In 2021, the most popular Associates Degree concentrations at Marion Technical College were General Studies (68 degrees awarded), Registered Nursing (62 degrees), and General Business Administration & Management (17 degrees).

In 2021, 426 degrees were awarded across all undergraduate and graduate programs at Marion Technical College. 63.8% of these degrees were awarded to women, and 36.2% awarded men. The most common race/ethnicity group of degree recipients was white (371 degrees), 19.5 times more than then the next closest race/ethnicity group, black or african american (19 degrees).

The median undergraduate tuition at Marion Technical College is $5,000, which is $−2,968 less than the national average for Associates Colleges ($7,968).

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

Costs

In 2021, the median undergraduate tuition at Marion Technical College is $5,000, which is $−2,968 less than the national average for Associates Colleges ($7,968).

After taking grants and loans into account, the average net price for students is $6,641.

In 2021, 43% of undergraduate students attending Marion Technical College received financial aid through grants. Comparatively, 14% of undergraduate students received financial aid through loans.

Tuition Costs

$5,000

2021 Undergraduate Tuition

In 2021, the cost of tuition at Marion Technical College was $5,000. The cost of tuition at Marion Technical College is $−2,968 less than than the overall (public and private) national average for Associates Colleges ($7,968).

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

Average Net Price

$6,641

2021 Value

0.958%

1 Year Growth

In 2021 Marion Technical College had an average net price — the price paid after factoring in grants and loans — of $6,641. Between 2020 and 2021, the average net price of Marion Technical College grew by 0.958%.

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 2021. The cost of room and board did not change between 2020 and 2021.

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

43%

Undergraduates Receiving Financial Aid through Grants

14%

Undergraduates Receiving Financial Aid through Loans

43% of undergraduate students at Marion Technical College received financial aid through grants or loans in 2021. This represents a growth of 19.4% with respect to 2020, when 36% 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.

3.88%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Marion Technical College was 3.88%, which represents 12 out of the 309 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 2,662 students in 2021. The full-time enrollment at Marion Technical College is 365 students and the part-time enrollment is 2,297. This means that 13.7% of students enrolled at Marion Technical College are enrolled full-time.

The enrolled student population at Marion Technical College, both undergraduate and graduate, is 77.8% White, 9.5% Black or African American, 5.52% Two or More Races, 1.47% Hispanic or Latino, 1.28% Asian, and 0.451% American Indian or Alaska Native.

Students enrolled at Marion Technical College in full-time Undergraduate programs are most commonly White Female (55.9%), followed by White Male (27.9%) and Two or More Races Female (3.84%).

Full-Time vs Part-Time Enrollment

13.7%

Full-Time Enrollment

The total enrollment at Marion Technical College in 2021, both undergraduate and graduate, is 2,662 students. The full-time enrollment at Marion Technical College is 365 and the part-time enrollment is 2,297. This means that 13.7% of students enrolled at Marion Technical College are enrolled full-time compared with 32.5% 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

62%

2021 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 62%. Compared with the full-time retention rate at similar Associates Colleges (60%), Marion Technical College had a retention rate higher 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 (2021)

White
2,070 enrolled students
Black or African American
253 enrolled students
Two or More Races
147 enrolled students

The enrolled student population at Marion Technical College is 77.8% White, 9.5% Black or African American, 5.52% Two or More Races, 1.47% Hispanic or Latino, 1.28% Asian, and 0.451% 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 44.1% White, 26.8% Hispanic or Latino, and 12.5% Black or African American.

Graduates

In 2021, 118 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 (371 degrees awarded). There were 19.5 times more white recipients than the next closest race/ethnicity group, black or african american (19 degrees).

The most common Associates Degree concentration at Marion Technical College is General Studies (68 degrees awarded), followed by Registered Nursing (62 degrees) and General Business Administration & Management (17 degrees).

In 2021, 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 (28 degrees awarded), Engineering Technologies (26 degrees), and Protective Services (39 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 (1,349,975 people), Other managers (159,275 people), Medical & health services managers (155,839 people), Police officers (133,544 people), and Nurse practitioners & nurse midwives (133,132 people).

The most specialized majors at Marion Technical College in 2021 are Construction (28 degrees awarded), Engineering Technologies (26 degrees), Protective Services (39 degrees), Health (146 degrees), and Liberal Arts & Humanities (68 degrees) (as of 2021).

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 Marion Technical College are Surgeons, Cardiovascular technologists and technicians, Physicians, Broadcast announcers and radio disc jockeys, and Magnetic resonance imaging technologists

The most specialized majors at Marion Technical College are Construction (28 degrees awarded), Engineering Technologies (26 degrees), Protective Services (39 degrees), Health (146 degrees), and Liberal Arts & Humanities (68 degrees) (as of 2021).

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 (1,497,525 people), Elementary & secondary schools (373,418 people), Justice, public order, & safety activities (344,796 people), Outpatient care centers (236,776 people), and Offices of physicians (203,305 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 (2021)

General Studies
68 degree-majors awarded
Registered Nursing
62 degree-majors awarded
General Business Administration & Management
17 degree-majors awarded

In 2021, the most common associates degree concentration at Marion Technical College was General Studies with 68 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

154

Degrees Awarded to Men

in 2021

272

Degrees Awarded to Women

in 2021

In 2021, 154 degrees were awarded to men at Marion Technical College, which is 0.566 times less than the number of degrees awarded to females (272).

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

Most Common Male Majors

In 2021, 26 degrees were awarded to men at Marion Technical College in General Business Administration & Management, which is 0.788 times less than the 33 female recipients with that same degree.

Most Common Female Majors

In 2021, 58 degrees were awarded to men at Marion Technical College in General Studies, which is 5.8 times more than the 10 male recipients with that same degree.

Time to Complete

15%

100% Completion Time

29%

150% Completion Time

In 2021, 15% of students graduating from Marion Technical College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 29% completed their degrees within 150% of the normal time, and 30% 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.

White Male

Highest Graduation Rate (38.3%)

The student demographic with the highest graduation rate in 2021 at Marion Technical College is Male and White (38.3% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (72.9%).

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 (2021)

White
371 degrees awarded
Black or African American
19 degrees awarded
Hispanic or Latino
10 degrees awarded

The most common race/ethnicity at Marion Technical College is white (371 degrees awarded). There were 19.5 times more white recipients than the next closest race/ethnicity group, black or african american (19 degrees).

3.05% of degree recipients (13 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
243 degrees awarded
White Male
128 degrees awarded
Black or African American Female
10 degrees awarded

The most common race/ethnicity and sex grouping at Marion Technical College is white female (243 degrees awarded). There were 1.9 times more white female recipients than the next closest race/ethnicity group, white male (128 degrees).

Operations

Marion Technical College has an endowment valued at nearly $1.3M, as of the end of the 2021 fiscal year. The return on its endowment was of 2.4k (0.185%) compared to the 1.65% average return (87.6k on 5.29M) across all Associates Colleges.

In 2021, Marion Technical College had a total salary expenditure of 17.7M. Marion Technical College employs 20 Professors, 18 Assistant professors and 9 Associate professors. Most academics at Marion Technical College are Female Professor (14), Male Assistant professor (9), and Female Assistant professor (9).

The most common positions for non-instructional staff at Marion Technical College are: Management, with 23 employees, Office and Administrative Support, with 18 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 10 employees.

Endowment

$1.3M

2021 Endowment

24.4%

growth from 2020

Marion Technical College has an endowment valued at about $1.3M, as of the end of the 2021 fiscal year. The endowment of Marion Technical College grew 24.4% from the previous year. The value of their endowment was $3.99M 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

$8.82M

2021 Salaries

2.49%

decline from 2020

In 2021, Marion Technical College paid a median of $8.82M in salaries, which represents 50% of their overall expenditure ($17.7M) and a 2.49% decline from the previous year.

The median for similar Associates Colleges is 16.4M (41.6% of overall expenditures).

Instructional Salaries

$3.25M

Instructional Salaries

Number of Employees

In 2021, Marion Technical College paid a total of $3.25M to 52 employees working as instructors, which represents 36.9% of all salaries paid.

This is compared to a median of $5.1M (31.2%) for similar Associates Colleges.

Occupations by Share

Professor

Most Common Instructor

20 Employees

Management

Most Common Non-Instructional Employee

23 Employees

In 2021, the most common positions for instructional staff at Marion Technical College were Professor with 20 employees, Assistant professor with 18 employees, and Associate professor with 9 employees.

In 2021, the most common positions for non-instructional staff at Marion Technical College were Management with 23 employees, Office and Administrative Support with 18 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 10 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Professor
Male Assistant professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Marion Technical College was Female Professor with 14 employees, Male Assistant professor with 9 employees, and Female Assistant professor with 9 employees.

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