Millennia Atlantic University

www.maufl.edu

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2020 Undergraduate Tuition

$9,576

13.8% growth from 2019

2020 Average Net Price

$28,795

After Financial Aid

2020 Enrolled Students

196

88.3% Full-Time

2020 Graduation Rate

30%

6 Graduates

About

Millennia Atlantic University is a higher education institution located in Miami-Dade County, FL. In 2016, the most popular Bachelor's Degree concentrations at Millennia Atlantic University were General Business Administration & Management (19 degrees awarded), Health Information & Medical Records Technology (1 degrees), and General Human Resources Management & Personnel Administration (1 degrees).

In 2020, 83 degrees were awarded across all undergraduate and graduate programs at Millennia Atlantic University. 54.2% of these degrees were awarded to women, and 45.8% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (9 degrees), 9 times more than then the next closest race/ethnicity group, black or african american (1 degrees).

The median undergraduate tuition at Millennia Atlantic University is $9,576, which is $−4,824 less than the national average for Special Focus Institutions ($14,400).

Special Focus Four-Year: Business & Management Schools Special Focus Institutions

Costs

The median undergraduate tuition at Millennia Atlantic University is $9,576, which is $−4,824 less than the national average for Special Focus Institutions ($14,400).

After taking grants and loans into account, the average net price for students is $28,795.

In 2020, 46% of undergraduate students received federal grants, while 12% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$9,576

2020 Undergraduate Tuition

In 2020, the cost of tuition at Millennia Atlantic University was $9,576. The cost of tuition at Millennia Atlantic University is $−4,824 less than than the overall (public and private) national average for Special Focus Institutions ($14,400).

This chart compares the tuition costs of Millennia Atlantic University (in red) with those of other similar universities.

Average Net Price

$28,795

2020 Value

21.1%

1 Year Growth

In 2020 Millennia Atlantic University had an average net price — the price paid after factoring in grants and loans — of $28,795. Between 2019 and 2020, the average net price of Millennia Atlantic University grew by 21.1%.

This chart compares the average net price of Millennia Atlantic University (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.

Other Student Expenses

$9,448

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Millennia Atlantic University was of $9,448 in 2020. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 7.07% between 2019 and 2020. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Millennia Atlantic University (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

46%

Of Undergraduates Receive Grants

12%

Of Undergraduates Receive Federal Loans

46% of undergraduate students at Millennia Atlantic University received grants or loans in 2020. This represents a growth of 360% with respect to 2019, when 10% of undergraduate students received financial aid.

This chart compares the average award discount at Millennia Atlantic University (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.

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Millennia Atlantic University was 0%, which represents 0 out of the 40 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

Millennia Atlantic University has a total enrollment of 196 students. The full-time enrollment at Millennia Atlantic University is 173 students and the part-time enrollment is 23. This means that 88.3% of students enrolled at Millennia Atlantic University are enrolled full-time.

The enrolled student population at Millennia Atlantic University, both undergraduate and graduate, is 14.3% Hispanic or Latino, 2.04% Black or African American, 0.51% White, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% American Indian or Alaska Native.

Students enrolled at Millennia Atlantic University in full-time Undergraduate programs are most commonly Hispanic or Latino Female (4.76%), followed by White Male (1.59%) and Asian Male (0%). Students enrolled in full-time Graduate programs are most commonly Hispanic or Latino Male (2.73%), followed by Hispanic or Latino Female (2.73%) and Asian Male (0%).

Full-Time vs Part-Time Enrollment

88.3%

Full-Time Enrollment

The total enrollment at Millennia Atlantic University, both undergraduate and graduate, is 196 students. The full-time enrollment at Millennia Atlantic University is 173 and the part-time enrollment is 23. This means that 88.3% of students enrolled at Millennia Atlantic University are enrolled full-time compared with 68.5% at similar Special Focus Institutions.

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

Retention Rate over Time

80%

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 Millennia Atlantic University was 80%. Compared with the full-time retention rate at similar Special Focus Institutions (71.5%), Millennia Atlantic University had a retention rate higher than its peers.

This chart shows the retention rate over time at Millennia Atlantic University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

Hispanic or Latino
28
Black or African American
4
White
1

The enrolled student population at Millennia Atlantic University is 14.3% Hispanic or Latino, 2.04% Black or African American, 0.51% White, 0% Asian, 0% 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% White, 17.3% Hispanic or Latino, and 14.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 0 students (0%) did not report their race.

Graduates

In 2020, 7 more women than men received degrees from Millennia Atlantic University. The most common race/ethnicity group of degree recipients at Millennia Atlantic University is hispanic or latino (9 degrees awarded). There were 9 times more hispanic or latino graduates than the next closest race/ethnicity group, black or african american (1 degrees).

The most common Bachelor's Degree concentration at Millennia Atlantic University is General Business Administration & Management (19 degrees awarded), followed by Health Information & Medical Records Technology (1 degrees) and General Human Resources Management & Personnel Administration (1 degrees).

The most specialized majors across all degree types at Millennia Atlantic University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (82 degrees awarded), Health (1 degrees), and Legal (0 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 Millennia Atlantic University are Registered nurses (1,439,449 people), Accountants & auditors (986,837 people), Other managers (709,374 people), Financial managers (484,514 people), and Chief executives & legislators (370,482 people).

The most specialized majors at Millennia Atlantic University are Business (82 degrees awarded), Health (1 degrees), and Legal (0 degrees).

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 Millennia Atlantic University are Surgeons, Physicians, Chief executives & legislators, Cardiovascular technologists and technicians, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Millennia Atlantic University are Business (82 degrees awarded), Health (1 degrees), and Legal (0 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 Millennia Atlantic University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,701,551 people), Elementary & secondary schools (627,038 people), Banking & related activities (470,835 people), Computer Systems Design (467,945 people), and Insurance carriers (444,531 people).

The most specialized majors at Millennia Atlantic University are Business (82 degrees awarded), Health (1 degrees), and Legal (0 degrees).

Degrees

Majors Awarded

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

Most Common

General Business Administration & Management
19 degree-majorss awarded
Health Information & Medical Records Technology
1 degree-majorss awarded
General Human Resources Management & Personnel Administration
1 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Millennia Atlantic University was General Business Administration & Management with 19 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Millennia Atlantic University according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 38 degrees were awarded to men at Millennia Atlantic University, which is 0.844 times less than the number of degrees awarded to females (45).

This chart displays the sex disparity between the top 5 majors at Millennia Atlantic University by degrees awarded.

Most Common Male Majors

In 2020, 32 degrees were awarded to men at Millennia Atlantic University in General Business Administration & Management, which is 1 times approximately the same the 32 female recipients with that same degree.

Most Common Female Majors

In 2020, 32 degrees were awarded to women at Millennia Atlantic University in General Business Administration & Management, which is 1 times approximately the same the 32 male recipients with that same degree.

Time to Complete

100% Completion Time

33%

150% Completion Time

In 2020, 0% of students graduating from Millennia Atlantic University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 33% completed their degrees within 150% of the normal time, and 33% 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 Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (0%)

The student demographic with the highest graduation rate at Millennia Atlantic University is Male and Asian (0% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.4%).

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

Hispanic or Latino
9 degrees awarded
Black or African American
1 degrees awarded
Asian
0 degrees awarded

The most common race/ethnicity at Millennia Atlantic University is hispanic or latino (9 degrees awarded). There were 9 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (1 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic

Hispanic or Latino Female
5 degrees awarded
Hispanic or Latino Male
4 degrees awarded
Black or African American Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Millennia Atlantic University is hispanic or latino female (5 degrees awarded). There were 1.25 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (4 degrees).

Operations

Millennia Atlantic University has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 1.87% average return ($195k on $10.4M) across all Special Focus Institutions.

In 2020, Millennia Atlantic University had a total salary expenditure of $1.85M. Millennia Atlantic University employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Millennia Atlantic University are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Millennia Atlantic University are: Management, with 8 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 3 employees, and Business and Financial Operations with 1 employees.

Finances

Endowment

growth from 2019

This line chart shows how the endowment at Millennia Atlantic University (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 Four-Year: Business & Management Schools Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

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

As of 2020, Millennia Atlantic University 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

$1.09M

2020 Salaries

3.98%

decline from 2019

In 2020, Millennia Atlantic University paid a median of $1.09M in salaries, which represents 59% of their overall expenditure ($1.85M) and a 3.98% decline from the previous year. This is compared to a 1.4% decline from 2018 and a 8.96% decline from 2017.

The median for similar Special Focus Institutions is 2.95M (42.1% of overall expenditures).

Instructional Salaries

$115k

Instructional Salaries

Number of Employees

In 2014, Millennia Atlantic University paid a total of $115k to 2 employees working as instructors, which represents 10.5% of all salaries paid.

This is compared to a median of $855k (29%) for similar Special Focus Institutions.

Faculty and Staff

Occupations by Share

false

Most Common Instructor

false Employees

Management

Most Common Non-Instructional Employee

8 Employees

In false, the most common positions for instructional staff at Millennia Atlantic University were false with 0 employees; false with 0 employees; and false with 0 employees.

In false, the most common positions for non-instructional staff at Millennia Atlantic University were Management with 8 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees; and Business and Financial Operations with 1 employees.