MCVSD (374592)

www.mcvsd.org

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2023 Average Net Price
$24,171
After Financial Aid
2020 Default Rate
3.95%
on Student Loans
2023 Enrolled Students
63
100% Full-Time

About

MCVSD (374592) is a higher education institution located in Monmouth County, NJ. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at MCVSD (374592) were General Cosmetology (40 degrees awarded) and Licensed Practical & Vocational Nurse Training (12 degrees).

In 2023, 52 degrees were awarded across all undergraduate and graduate programs at MCVSD (374592). 71.2% of these degrees were awarded to women, and 28.8% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (18 degrees), 1.13 times more than then the next closest race/ethnicity group, white (16 degrees).

In 2020 the default rate for borrower's at MCVSD (374592) was 3.95%, corresponding to 3 out of the 76 total borrowers.

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

Costs

After taking grants and loans into account, the average net price for students is $24,171.

In 2023, 99% of undergraduate students attending MCVSD (374592) received financial aid through grants. Comparatively, 15% of undergraduate students received financial aid through loans.

Average Net Price

$24,171
2023 Value
8.84%
1 Year Growth

In 2023 MCVSD (374592) had an average net price — the price paid after factoring in grants and loans — of $24,171. Between 2022 and 2023, the average net price of MCVSD (374592) grew by 8.84%.

This chart compares the average net price of MCVSD (374592) (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

99%
Undergraduates Receiving Financial Aid through Grants
15%
Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at MCVSD (374592) received financial aid through grants or loans in 2023. This represents a decline of 1% with respect to 2022, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at MCVSD (374592) (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.
3.95%
2020 Default Rate
3
Number of Defaults

In 2020 the default rate for borrower's at MCVSD (374592) was 3.95%, which represents 3 out of the 76 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

MCVSD (374592) had a total enrollment of 63 students in 2023. The full-time enrollment at MCVSD (374592) is 63 students and the part-time enrollment is 0. This means that 100% of students enrolled at MCVSD (374592) are enrolled full-time.

The enrolled student population at MCVSD (374592), both undergraduate and graduate, is 39.7% Black or African American, 30.2% Hispanic or Latino, and 30.2% White.

Students enrolled at MCVSD (374592) in full-time Undergraduate programs are most commonly Hispanic or Latino Female (20.9%), followed by Black or African American Female (20.9%) and White Female (20%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at MCVSD (374592) in 2023, both undergraduate and graduate, is 63 students. The full-time enrollment at MCVSD (374592) is 63 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at MCVSD (374592) (in red) compares to similar universities.

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Retention Rate over Time

22%
2023 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 MCVSD (374592) was 22%.

This chart shows the retention rate over time at MCVSD (374592) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Black or African American
    25 enrolled students
  2. Hispanic or Latino
    19 enrolled students
  3. White
    19 enrolled students

The enrolled student population at MCVSD (374592) is 39.7% Black or African American, 30.2% Hispanic or Latino, and 30.2% White. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 22 more women than men received degrees from MCVSD (374592). The most common race/ethnicity group of degree recipients at MCVSD (374592) is hispanic or latino (18 degrees awarded). There were 1.13 times more hispanic or latino recipients than the next closest race/ethnicity group, white (16 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at MCVSD (374592) is General Cosmetology (40 degrees awarded), followed by Licensed Practical & Vocational Nurse Training (12 degrees).

In 2023,  the most specialized majors across all degree types at MCVSD (374592), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (40 degrees awarded) and Health (12 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 MCVSD (374592) are Registered nurses (1,452,593 people), Medical & health services managers (156,374 people), Nurse practitioners & nurse midwives (152,116 people), Pharmacists (133,517 people), and Physicians (108,029 people).

The most specialized majors at MCVSD (374592) in 2023 are Personal & Culinary Services (40 degrees awarded) and Health (12 degrees) (as of 2023).

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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 MCVSD (374592) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at MCVSD (374592) are Personal & Culinary Services (40 degrees awarded) and Health (12 degrees) (as of 2023).

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Common Industries by Major

Elementary & secondary schools
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at MCVSD (374592) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at MCVSD (374592) are Personal & Culinary Services (40 degrees awarded) and Health (12 degrees) (as of 2023).

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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 MCVSD (374592).
Most Common (2023)
  1. General Cosmetology
    40 degrees awarded
  2. Licensed Practical & Vocational Nurse Training
    12 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at MCVSD (374592) was General Cosmetology with 40 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at MCVSD (374592) according to their major.

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Sex Breakdown for Common Majors

15
Degrees Awarded to Men
in 2023
37
Degrees Awarded to Women
in 2023

In 2023, 15 degrees were awarded to men at MCVSD (374592), which is 0.405 times less than the number of degrees awarded to females (37).

This chart displays the sex disparity between the top 5 majors at MCVSD (374592) by degrees awarded.

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Most Common Male Majors

In 2023, 13 degrees were awarded to men at MCVSD (374592) in General Cosmetology, which is 0.481 times less than the 27 female recipients with that same degree.

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Most Common Female Majors

In 2023, 27 degrees were awarded to men at MCVSD (374592) in General Cosmetology, which is 2.08 times more than the 13 male recipients with that same degree.

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Time to Complete

47%
100% Completion Time
55%
150% Completion Time

In 2023, 47% of students graduating from MCVSD (374592) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 55% completed their degrees within 150% of the normal time, and 55% 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

Most Common Student Race or Ethnicity (2023)
  1. Hispanic or Latino
    18 degrees awarded
  2. White
    16 degrees awarded
  3. Black or African American
    15 degrees awarded

The most common race/ethnicity at MCVSD (374592) is hispanic or latino (18 degrees awarded). There were 1.13 times more hispanic or latino recipients than the next closest race/ethnicity group, white (16 degrees).

5.77% of degree recipients (3 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    13 degrees awarded
  2. Hispanic or Latino Female
    13 degrees awarded
  3. Black or African American Female
    11 degrees awarded

The most common race/ethnicity and sex grouping at MCVSD (374592) is white female (13 degrees awarded). There were 1 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (13 degrees).

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Operations

Salary Expenditure

$434k
2023 Salaries
22.2%
decline from 2022

In 2023, MCVSD (374592) paid a median of $434k in salaries, a 22.2% decline from the previous year. This is compared to a 0.471% growth between 2021 and 2022, and a 18.6% growth between 2020 and 2021.

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

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