Milan Institute-Merced

www.milaninstitute.edu

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2023 Average Net Price
$28,092
After Financial Aid
2022 Default Rate
0%
on Student Loans
2023 Enrolled Students
308
100% Full-Time

About

Milan Institute-Merced is a higher education institution located in Merced County, CA. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Milan Institute-Merced were General Cosmetology (37 degrees awarded) and Barbering (15 degrees).

In 2023, 171 degrees were awarded across all undergraduate and graduate programs at Milan Institute-Merced. 90.6% of these degrees were awarded to women, and 9.36% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (119 degrees), 4.58 times more than then the next closest race/ethnicity group, white (26 degrees).

In 2022 the default rate for borrower's at Milan Institute-Merced was 0%, corresponding to 0 out of the 1,399 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 $28,092.

In 2023, 65% of undergraduate students attending Milan Institute-Merced received financial aid through grants. Comparatively, 58% of undergraduate students received financial aid through loans.

Average Net Price

$28,092
2023 Value
36%
1 Year Growth

In 2023 Milan Institute-Merced had an average net price — the price paid after factoring in grants and loans — of $28,092. Between 2022 and 2023, the average net price of Milan Institute-Merced grew by 36%.

This chart compares the average net price of Milan Institute-Merced (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

65%
Undergraduates Receiving Financial Aid through Grants
58%
Undergraduates Receiving Financial Aid through Loans

65% of undergraduate students at Milan Institute-Merced received financial aid through grants or loans in 2023. This represents a decline of 16.7% with respect to 2022, when 78% of undergraduate students received financial aid.

This chart compares the average award discount at Milan Institute-Merced (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.
0%
2022 Default Rate
0
Number of Defaults

In 2022 the default rate for borrower's at Milan Institute-Merced was 0%, which represents 0 out of the 1399 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

Milan Institute-Merced had a total enrollment of 308 students in 2023. The full-time enrollment at Milan Institute-Merced is 308 students and the part-time enrollment is 0. This means that 100% of students enrolled at Milan Institute-Merced are enrolled full-time.

The enrolled student population at Milan Institute-Merced, both undergraduate and graduate, is 73.1% Hispanic or Latino, 11.7% White, 6.49% Black or African American, 3.25% Asian, 2.6% Two or More Races, 1.3% American Indian or Alaska Native, and 0.325% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Milan Institute-Merced in full-time Undergraduate programs are most commonly Hispanic or Latino Female (61.5%), followed by White Female (11.4%) and Hispanic or Latino Male (10.3%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Milan Institute-Merced in 2023, both undergraduate and graduate, is 308 students. The full-time enrollment at Milan Institute-Merced is 308 and the part-time enrollment is 0.

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

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Retention Rate over Time

82%
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 Milan Institute-Merced was 82%.

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

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Enrollment by Race & Ethnicity

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

The enrolled student population at Milan Institute-Merced is 73.1% Hispanic or Latino, 11.7% White, 6.49% Black or African American, 3.25% Asian, 2.6% Two or More Races, 1.3% American Indian or Alaska Native, and 0.325% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 139 more women than men received degrees from Milan Institute-Merced. The most common race/ethnicity group of degree recipients at Milan Institute-Merced is hispanic or latino (119 degrees awarded). There were 4.58 times more hispanic or latino recipients than the next closest race/ethnicity group, white (26 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Milan Institute-Merced is General Cosmetology (37 degrees awarded), followed by Barbering (15 degrees).

In 2023,  the most specialized majors across all degree types at Milan Institute-Merced, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (116 degrees awarded) and Health (55 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 Milan Institute-Merced 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 Milan Institute-Merced in 2023 are Personal & Culinary Services (116 degrees awarded) and Health (55 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 Milan Institute-Merced are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Lodging managers

The most specialized majors at Milan Institute-Merced are Personal & Culinary Services (116 degrees awarded) and Health (55 degrees) (as of 2023).

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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 Milan Institute-Merced are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,537,800 people), Outpatient care centers (258,526 people), Elementary & secondary schools (228,345 people), uninformed (204,555 people), and Offices of physicians (203,235 people).

The most specialized majors at Milan Institute-Merced are Personal & Culinary Services (116 degrees awarded) and Health (55 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 Milan Institute-Merced.
Most Common (2023)
  1. General Cosmetology
    37 degrees awarded
  2. Barbering
    15 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Milan Institute-Merced was General Cosmetology with 37 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Milan Institute-Merced according to their major.

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Sex Breakdown for Common Majors

16
Degrees Awarded to Men
in 2023
155
Degrees Awarded to Women
in 2023

In 2023, 16 degrees were awarded to men at Milan Institute-Merced, which is 0.103 times less than the number of degrees awarded to females (155).

This chart displays the sex disparity between the top 5 majors at Milan Institute-Merced by degrees awarded.

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Most Common Male Majors

In 2023, 10 degrees were awarded to men at Milan Institute-Merced in Barbering, which is 2 times more than the 5 female recipients with that same degree.

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Most Common Female Majors

In 2023, 58 degrees were awarded to men at Milan Institute-Merced in Aesthetician & Skin Care Specialist, which is 58 times more than the 1 male recipients with that same degree.

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Time to Complete

49%
150% Completion Time

In 2023, 49% of students graduating from Milan Institute-Merced completed their program within 150% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 200% of the normal time.

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
    119 degrees awarded
  2. White
    26 degrees awarded
  3. Two or More Races
    7 degrees awarded

The most common race/ethnicity at Milan Institute-Merced is hispanic or latino (119 degrees awarded). There were 4.58 times more hispanic or latino recipients than the next closest race/ethnicity group, white (26 degrees).

3.51% of degree recipients (6 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    105 degrees awarded
  2. White Female
    25 degrees awarded
  3. Hispanic or Latino Male
    14 degrees awarded

The most common race/ethnicity and sex grouping at Milan Institute-Merced is hispanic or latino female (105 degrees awarded). There were 4.2 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (25 degrees).

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Operations

Salary Expenditure

$1.07M
2023 Salaries
5.11%
decline from 2022

In 2023, Milan Institute-Merced paid a median of $1.07M in salaries, a 5.11% decline from the previous year. This is compared to a 20.8% growth between 2021 and 2022, and a 5.09% decline between 2020 and 2021.

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