Medical Career Institute

www.mcinj.edu

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2020 Default Rate

on Student Loans

2014 Acceptance Rate

65.2%

92 Applicants

2022 Enrolled Students

142

100% Full-Time

2022 Graduation Rate

100%

2 Graduates

About

Medical Career Institute is a higher education institution located in Monmouth County, NJ. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Medical Career Institute were Surgical Technologist (26 degrees awarded).

In 2022, 79 degrees were awarded across all undergraduate and graduate programs at Medical Career Institute. 87.3% of these degrees were awarded to women, and 12.7% awarded men. The most common race/ethnicity group of degree recipients was white (52 degrees), 2.74 times more than then the next closest race/ethnicity group, black or african american (19 degrees).

In 2020 the default rate for borrower's at Medical Career Institute was 0%, corresponding to 0 out of the 108 total borrowers.

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

Costs

In 2022, 39% of undergraduate students attending Medical Career Institute received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Average Net Price

This chart compares the average net price of Medical Career 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.

Financial Aid by Income Level

39%

Undergraduates Receiving Financial Aid through Grants

53%

Undergraduates Receiving Financial Aid through Loans

39% of undergraduate students at Medical Career Institute received financial aid through grants or loans in 2022. This represents a decline of 29.1% with respect to 2021, when 55% of undergraduate students received financial aid.

This chart compares the average award discount at Medical Career 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Medical Career Institute was 0%, which represents 0 out of the 108 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.

Admissions

Medical Career Institute received 92 undergraduate applications in 2014.

There were 142 students enrolled at Medical Career Institute in 2022.

Medical Career Institute has an overall enrollment yield of 100%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

65.2%

Acceptance Rate in 2014

Accepted Out of 92

This chart compares the acceptance rate of Medical Career Institute (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Medical Career Institute had a total enrollment of 142 students in 2022. The full-time enrollment at Medical Career Institute is 142 students and the part-time enrollment is 0. This means that 100% of students enrolled at Medical Career Institute are enrolled full-time.

The enrolled student population at Medical Career Institute, both undergraduate and graduate, is 59.9% White, 14.8% Black or African American, 13.4% Hispanic or Latino, and 0.704% Two or More Races.

Students enrolled at Medical Career Institute in full-time Undergraduate programs are most commonly White Female (54.9%), followed by Black or African American Female (12.7%) and Hispanic or Latino Female (9.86%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Medical Career Institute in 2022, both undergraduate and graduate, is 142 students. The full-time enrollment at Medical Career Institute is 142 and the part-time enrollment is 0.

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

Retention Rate over Time

100%

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 Medical Career Institute was 100%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
85 enrolled students
Black or African American
21 enrolled students
Hispanic or Latino
19 enrolled students

The enrolled student population at Medical Career Institute is 59.9% White, 14.8% Black or African American, 13.4% Hispanic or Latino, and 0.704% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 59 more women than men received degrees from Medical Career Institute. The most common race/ethnicity group of degree recipients at Medical Career Institute is white (52 degrees awarded). There were 2.74 times more white recipients than the next closest race/ethnicity group, black or african american (19 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Medical Career Institute is Surgical Technologist (26 degrees awarded).

In 2022, the most specialized majors across all degree types at Medical Career Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (79 degrees awarded).

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 Medical Career Institute are Registered nurses (1,394,826 people), Medical & health services managers (151,000 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Medical Career Institute in 2022 are Health (79 degrees awarded) (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 Medical Career Institute are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at Medical Career Institute are Health (79 degrees awarded) (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 Medical Career Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,482,206 people), Outpatient care centers (237,556 people), Elementary & secondary schools (215,578 people), Offices of physicians (201,917 people), and Colleges, universities & professional schools, including junior colleges (129,843 people).

The most specialized majors at Medical Career Institute are Health (79 degrees awarded) (as of 2022).

Majors Awarded

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

Most Common (2022)

Cardiovascular Technologist
18 degrees awarded
Diagnostic Medical Sonography & Ultrasound Technician
18 degrees awarded

In 2022, the most common 2 to 4 year postsecondary certificate concentration at Medical Career Institute was Cardiovascular Technologist with 18 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 2 to 4 year postsecondary certificate programs at Medical Career Institute according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 10 degrees were awarded to men at Medical Career Institute, which is 0.145 times less than the number of degrees awarded to females (69).

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

Most Common Male Majors

In 2022, 4 degrees were awarded to men at Medical Career Institute in Cardiovascular Technologist, which is 0.286 times less than the 14 female recipients with that same degree.

Most Common Female Majors

In 2022, 23 degrees were awarded to men at Medical Career Institute in Surgical Technologist, which is 7.67 times more than the 3 male recipients with that same degree.

Time to Complete

100%

100% Completion Time

100%

150% Completion Time

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

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Medical Career Institute is Female and Black or African American (100% graduation rate). Across all , 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
52 degrees awarded
Black or African American
19 degrees awarded
Hispanic or Latino
4 degrees awarded

The most common race/ethnicity at Medical Career Institute is white (52 degrees awarded). There were 2.74 times more white recipients than the next closest race/ethnicity group, black or african american (19 degrees).

1.27% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
47 degrees awarded
Black or African American Female
15 degrees awarded
White Male
5 degrees awarded

The most common race/ethnicity and sex grouping at Medical Career Institute is white female (47 degrees awarded). There were 3.13 times more white female recipients than the next closest race/ethnicity group, black or african american female (15 degrees).

Operations

Salary Expenditure

$552k

2022 Salaries

8.59%

growth from 2021

In 2022, Medical Career Institute paid a median of $552k in salaries, a 8.59% growth from the previous year. This is compared to a 27.5% decline between 2020 and 2021, and a 6.69% growth between 2019 and 2020.

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

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