Midwest Technical Institute

www.midwesttech.edu

2016 Average Net Price

$25,098

After Financial Aid

2023 Default Rate

2.13%

on Student Loans

2016 Enrolled Students

129

100% Full-Time

Costs

After taking grants and loans into account, the average net price for students is $25,098.

In 2016, 64% of undergraduate students attending Midwest Technical Institute received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

Average Net Price

$25,098

2016 Value

0.392%

1 Year Growth

In 2016 Midwest Technical Institute had an average net price — the price paid after factoring in grants and loans — of $25,098. Between 2015 and 2016, the average net price of Midwest Technical Institute grew by 0.392%.

This chart compares the average net price of Midwest Technical 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

64%

Undergraduates Receiving Financial Aid through Grants

72%

Undergraduates Receiving Financial Aid through Loans

64% of undergraduate students at Midwest Technical Institute received financial aid through grants or loans in 2016. This represents a decline of 9.86% with respect to 2015, when 71% of undergraduate students received financial aid.

This chart compares the average award discount at Midwest Technical 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.

2.13%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Midwest Technical Institute was 2.13%, which represents 59 out of the 2767 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.

Midwest Technical Institute

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Midwest Technical Institute

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About

Costs

Average Net Price

Financial Aid by Income Level

Student Loan Default Rate

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Race & Ethnicity by Share

Race & Ethnicity by Sex