Meridian College

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2017 Average Net Price

$14,580

After Financial Aid

2016 Student Loan

4.13%

Default Rate

2017 Enrolled Students

227

100% Full-Time

2017 Graduation Rate

60.8%

76 Graduates

About

Meridian College is a higher education institution located in Sarasota County, FL. In 2016, the most popular Bachelor's Degree concentrations at Meridian College were .

In 2017, 73 degrees were awarded across all undergraduate and graduate programs at Meridian College. 97.3% of these degrees were awarded to women, and 2.74% awarded men. The majority of degree recipients were white (36 degrees), 1.57 times more than then the next closest race/ethnicity group, black or african american (23 degrees).

The median undergraduate tuition at Meridian College is $0, which is $-14,000 less than the national average for Special Focus Institutions ($14,000).

Special Focus Two-Year: Health Professions Special Focus Institutions

Costs

The median undergraduate tuition at Meridian College is $0, which is $-14,000 less than the national average for Special Focus Institutions ($14,000).

After taking grants and loans into account, the average net price for students is $14,580.

In 2017, 77% of undergraduate students received federal grants, while 80% of undergraduate students received federal loans.

Average Net Price

$14,580

2017 Value

2.34%

1 Year Growth

In 2017 Meridian College had an average net price — the price paid after factoring in grants and loans — of $14,580. Between 2016 and 2017, the average net price of Meridian College grew by 2.34%.

This chart compares the average net price of Meridian 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.

Financial Aid

Financial Aid by Income Level

77%

Of Undergraduates Receive Grants

80%

Of Undergraduates Receive Federal Loans

77% of undergraduate students at Meridian College received grants or loans in 2017. This represents a decline of 4.94% with respect to 2016, when 81% of undergraduate students received financial aid.

This chart compares the average award discount at Meridian 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.

4.13%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at Meridian College was 4.13%, which represents 5 out of the 121 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

Meridian College has a total enrollment of 227 students. The full-time enrollment at Meridian College is 227 students and the part-time enrollment is 0. This means that 100% of students enrolled at Meridian College are enrolled full-time.

The enrolled student population at Meridian College, both undergraduate and graduate, is 46.3% White, 36.6% Black or African American, 15.9% Hispanic or Latino, 0.441% Asian, 0.441% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% American Indian or Alaska Native.

Students enrolled at Meridian College in full-time Undergraduate programs are majority White Female (44.1%), followed by Black or African American Female (35.2%) and Hispanic or Latino Female (15%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Meridian College, both undergraduate and graduate, is 227 students. The full-time enrollment at Meridian College is 227 and the part-time enrollment is 0. This means that 100% of students enrolled at Meridian College are enrolled full-time compared with 71.1% at similar Special Focus Institutions.

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

Retention Rate over Time

71%

2017 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 Meridian College was 71%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Meridian College had a retention rate approximately the same as its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
105
Black or African American
83
Hispanic or Latino
36

The enrolled student population at Meridian College is 46.3% White, 36.6% Black or African American, 15.9% Hispanic or Latino, 0.441% Asian, 0.441% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% 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 Special Focus Institutions is 44.7% White, 15.6% Hispanic or Latino, and 15.5% Black or African American.

Graduates

In 2017, 69 more women than men received degrees from Meridian College. The majority of degree recipients at Meridian College are white (36 degrees awarded). There were 1.57 times more white graduates than the next closest race/ethnicity group, black or african american (23 degrees).

The most common Bachelor's Degree concentration at Meridian College is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Meridian College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (65 degrees awarded) and Personal & Culinary Services (8 degrees).

Workforce

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 Meridian College are Registered nurses (1,293,105 people), Medical & health services managers (134,634 people), Pharmacists (128,892 people), Nurse practitioners & nurse midwives (120,345 people), and Physicians (99,786 people).

The most specialized majors at Meridian College are Health (65 degrees awarded) and Personal & Culinary Services (8 degrees).

Highest Paying Jobs by Major

Public relations specialists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Meridian College are Public relations specialists, Surgeons, Podiatrists, Physicians, and Chief executives & legislators

The most specialized majors at Meridian College are Health (65 degrees awarded) and Personal & Culinary Services (8 degrees).

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 Meridian College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,405,837 people), Elementary & secondary schools (205,153 people), Outpatient care centers (190,696 people), Offices of physicians (183,832 people), and Colleges, universities & professional schools, including junior colleges (125,287 people).

The most specialized majors at Meridian College are Health (65 degrees awarded) and Personal & Culinary Services (8 degrees).

Degrees

Majors Awarded

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

Most Common

N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Meridian College was N/A with N/A degree-majorss awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Meridian College according to their major.

Gender Breakdown for Common Majors

Degrees Awarded to Men

In 2017, 2 degrees were awarded to men at Meridian College, which is 0.0282 times less than the number of degrees awarded to females (71).

This chart displays the gender disparity between the top 5 majors at Meridian College by degrees awarded.

Most Common Male Majors

In false, 1 degrees were awarded to men at Meridian College in General Cosmetology, which is 0.143 times less than the 7 female recipients with that same degree.

Most Common Female Majors

In false, 38 degrees were awarded to women at Meridian College in Medical Assistant, which is 38 times more than the 1 male recipients with that same degree.

Time to Complete

61%

100% Completion Time

65%

150% Completion Time

In 2017, 61% of students graduating from Meridian College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 65% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Female

Highest Graduation Rate (76.2%)

The student demographic with the highest graduation rate at Meridian College is Female and Hispanic or Latino (76.2% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (68.1%).

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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
36 degrees awarded
Black or African American
23 degrees awarded
Hispanic or Latino
13 degrees awarded

The most common race/ethnicity at Meridian College is white (36 degrees awarded). There were 1.57 times more white recipients than the next closest race/ethnicity group, black or african american (23 degrees).

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

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
35 degrees awarded
Black or African American Female
22 degrees awarded
Hispanic or Latino Female
13 degrees awarded

The most common race/ethnicity and gender grouping at Meridian College is white female (35 degrees awarded). There were 1.59 times more white female recipients than the next closest race/ethnicity group, black or african american female (22 degrees).

Operations

Meridian College has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $171 (NaNN%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, Meridian College had a total salary expenditure of $2.28M. Meridian College employs 5 Instructors, 0 N/A, and 0 N/A. Most academics at Meridian College are Male Instructors (3), Female Instructors(2), and N/A (0).

The most common positions for non-instructional staff at Meridian College are: Management, with 2 employees, Sales and related, with 2 employees, and Office and Administrative Support with 2 employees.

Finances

Endowment

$N/A

2017 Endowment

growth from 2016

Meridian College has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Meridian College stayed 0% from the previous year. The value of their endowment was $NaNM approximately the same as than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Two-Year: Health Professions Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2017, Meridian College received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$725k

2017 Salaries

2.43%

decline from 2016

In 2017, Meridian College paid a median of $725k in salaries, which represents 31.8% of their overall expenditure ($2.28M) and a 2.43% decline from the previous year. This is compared to a 8.37% growth from 2015 and a 3.61% growth from 2014.

The median for similar Special Focus Institutions is 2.59M (39.4% of overall expenditures).

Instructional Salaries

$163k

Instructional Salaries

Number of Employees

In 2017, Meridian College paid a total of $163k to 5 employees working as instructors, which represents 22.5% of all salaries paid.

This is compared to a median of $727k (28.1%) for similar Special Focus Institutions.

Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

5 Employees

Management

Most Common Non-Instructional Employee

2 Employees

In 2017, the most common positions for instructional staff at Meridian College were Instructor with 5 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Meridian College were Management with 2 employees; Sales and related with 2 employees; and Office and Administrative Support with 2 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Instructor
Female Instructor
false

In 2017, the most common demographic for instructional staff at Meridian College was Male Instructor with 3 employees, Female Instructor with 2 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Meridian College.

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