Millennia Atlantic University

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2017 Undergraduate Tuition

$10,584

5% growth from 2016

2016 Student Loan

2.33%

Default Rate

2017 Enrolled Students

172

90.1% Full-Time

2017 Graduation Rate

50%

3 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 (9 degrees awarded), Paralegal (0 degrees), and Health Information & Medical Records Technology (0 degrees).

In 2017, 152 degrees were awarded across all undergraduate and graduate programs at Millennia Atlantic University. 52.6% of these degrees were awarded to women, and 47.4% awarded men. The majority of degree recipients were hispanic or latino (11 degrees), 3.67 times more than then the next closest race/ethnicity group, black or african american (3 degrees).

The median undergraduate tuition at Millennia Atlantic University is $10,584, which is $-3,416 less than the national average for Special Focus Institutions ($14,000).

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

Costs

The median undergraduate tuition at Millennia Atlantic University is $10,584, which is $-3,416 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 $0.

In 2017, 2% of undergraduate students received federal grants, while 10% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$10,584

2017 Undergraduate Tuition

In 2017, the cost of tuition at Millennia Atlantic University was $10,584. The cost of tuition at Millennia Atlantic University is $-3,416 less than than the overall (public and private) national average for Special Focus Institutions ($14,000).

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

Average Net Price

2017 Value

100%

1 Year Growth

In 2017 Millennia Atlantic University had an average net price — the price paid after factoring in grants and loans — of $0. Between 2016 and 2017, the average net price of Millennia Atlantic University grew by 100%.

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

$8,544

Room and Board

$1,212

Books and Supplies

The average yearly cost of room and board at Millennia Atlantic University was of $8,544 in 2017. During the same period, the average yearly cost of books and supplies was $1,212. The cost of room and board increased by 2.3% between 2016 and 2017. 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

Of Undergraduates Receive Grants

10%

Of Undergraduates Receive Federal Loans

2% of undergraduate students at Millennia Atlantic University received grants or loans in 2017. This represents a decline of 83.3% with respect to 2016, when 12% 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.

2.33%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at Millennia Atlantic University was 2.33%, which represents 1 out of the 43 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 172 students. The full-time enrollment at Millennia Atlantic University is 155 students and the part-time enrollment is 17. This means that 90.1% of students enrolled at Millennia Atlantic University are enrolled full-time.

The enrolled student population at Millennia Atlantic University, both undergraduate and graduate, is 15.7% Hispanic or Latino, 0.581% Asian, 0.581% Black or African American, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, 0% American Indian or Alaska Native, and 0% White.

Students enrolled at Millennia Atlantic University in full-time Undergraduate programs are majority Hispanic or Latino Female (4.82%), followed by Hispanic or Latino Male (3.61%) and Asian Male (0%). Students enrolled in full-time Graduate programs are majority Hispanic or Latino Female (5.56%), followed by Hispanic or Latino Male (1.39%) and Asian Male (0%).

Full-Time vs Part-Time Enrollment

90.1%

Full-Time Enrollment

The total enrollment at Millennia Atlantic University, both undergraduate and graduate, is 172 students. The full-time enrollment at Millennia Atlantic University is 155 and the part-time enrollment is 17. This means that 90.1% of students enrolled at Millennia Atlantic University 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 Millennia Atlantic University (in red) compares to similar universities.

Retention Rate over Time

58%

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 Millennia Atlantic University was 58%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Millennia Atlantic University had a retention rate lower 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
27
Asian
1
Black or African American
1

The enrolled student population at Millennia Atlantic University is 15.7% Hispanic or Latino, 0.581% Asian, 0.581% Black or African American, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, 0% American Indian or Alaska Native, and 0% White. 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.

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 2017, 8 more women than men received degrees from Millennia Atlantic University. The majority of degree recipients at Millennia Atlantic University are hispanic or latino (11 degrees awarded). There were 3.67 times more hispanic or latino graduates than the next closest race/ethnicity group, black or african american (3 degrees).

The most common Bachelor's Degree concentration at Millennia Atlantic University is General Business Administration & Management (9 degrees awarded), followed by Paralegal (0 degrees) and Health Information & Medical Records Technology (0 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 (147 degrees awarded), Health (5 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 (1,372,553 people), Accountants & auditors (1,087,755 people), Other managers (621,799 people), Financial managers (417,276 people), and Chief executives & legislators (312,511 people).

The most specialized majors at Millennia Atlantic University are Business (147 degrees awarded), Health (5 degrees), and Legal (0 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 Millennia Atlantic University are Public relations specialists, Surgeons, Podiatrists, Physicians, and Dentists

The most specialized majors at Millennia Atlantic University are Business (147 degrees awarded), Health (5 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 (1,684,949 people), Elementary & secondary schools (616,078 people), Banking & related activities (476,852 people), Colleges, universities & professional schools, including junior colleges (414,082 people), and Computer Systems Design (408,916 people).

The most specialized majors at Millennia Atlantic University are Business (147 degrees awarded), Health (5 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
9 degree-majorss awarded
Paralegal
0 degree-majorss awarded
Health Information & Medical Records Technology
0 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Millennia Atlantic University was General Business Administration & Management with 9 degree-majorss awarded.

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

Gender Breakdown for Common Majors

Degrees Awarded to Men

In 2017, 72 degrees were awarded to men at Millennia Atlantic University, which is 0.9 times less than the number of degrees awarded to females (80).

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

Most Common Male Majors

In 2017, 41 degrees were awarded to men at Millennia Atlantic University in General Business Administration & Management, which is 1 times approximately the same the 41 female recipients with that same degree.

Most Common Female Majors

In 2017, 41 degrees were awarded to women at Millennia Atlantic University in General Business Administration & Management, which is 1 times approximately the same the 41 male recipients with that same degree.

Diversity

Graduation Rate by Race and Gender

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 (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

Hispanic or Latino
11 degrees awarded
Black or African American
3 degrees awarded
White
3 degrees awarded

The most common race/ethnicity at Millennia Atlantic University is hispanic or latino (11 degrees awarded). There were 3.67 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (3 degrees).

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

Race & Ethnicity by Gender

Most Common Gender Demographic

Hispanic or Latino Male
6 degrees awarded
Hispanic or Latino Female
5 degrees awarded
Black or African American Male
2 degrees awarded

The most common race/ethnicity and gender grouping at Millennia Atlantic University is hispanic or latino male (6 degrees awarded). There were 1.2 times more hispanic or latino male recipients than the next closest race/ethnicity group, hispanic or latino female (5 degrees).

Operations

Millennia Atlantic University has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, Millennia Atlantic University had a total salary expenditure of $1.86M. 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 6 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 6 employees, and Office and Administrative Support with 2 employees.

Finances

Endowment

$N/A

2017 Endowment

growth from 2016

Millennia Atlantic University has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Millennia Atlantic University 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 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 2017, 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

$1.27M

2017 Salaries

1.82%

growth from 2016

In 2017, Millennia Atlantic University paid a median of $1.27M in salaries, which represents 68.2% of their overall expenditure ($1.86M) and a 1.82% growth from the previous year. This is compared to a 23.4% growth from 2015 and a 7.59% decline from 2014.

The median for similar Special Focus Institutions is 2.59M (39.4% 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 $727k (28.1%) for similar Special Focus Institutions.

Faculty and Staff

Occupations by Share

false

Most Common Instructor

false Employees

Management

Most Common Non-Instructional Employee

6 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 6 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 6 employees; and Office and Administrative Support with 2 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

false
false
false

In false, the most common demographic for instructional staff at Millennia Atlantic University was false with 0 employees, false with 0 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Millennia Atlantic University.

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