Modern Welding School

modernwelding.com

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2019 Average Net Price

$16,277

After Financial Aid

2017 Student Loan

14.3%

Default Rate

2019 Enrolled Students

71% Full-Time

About

Modern Welding School is a higher education institution located in Schenectady County, NY. In 2016, the most popular Bachelor's Degree concentrations at Modern Welding School were .

In 2019, 106 degrees were awarded across all undergraduate and graduate programs at Modern Welding School. 3.77% of these degrees were awarded to women, and 96.2% awarded men. The most common race/ethnicity group of degree recipients was white (96 degrees), 24 times more than then the next closest race/ethnicity group, black or african american (4 degrees).

The median undergraduate tuition at Modern Welding School is $0, which is $−11,750 less than the national average for ($11,750).

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

The median undergraduate tuition at Modern Welding School is $0, which is $−11,750 less than the national average for ($11,750).

After taking grants and loans into account, the average net price for students is $16,277.

In 2019, 55% of undergraduate students received federal grants, while 65% of undergraduate students received federal loans.

Average Net Price

$16,277

2019 Value

0.919%

1 Year Growth

In 2019 Modern Welding School had an average net price — the price paid after factoring in grants and loans — of $16,277. Between 2018 and 2019, the average net price of Modern Welding School grew by 0.919%.

This chart compares the average net price of Modern Welding School (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

55%

Of Undergraduates Receive Grants

65%

Of Undergraduates Receive Federal Loans

55% of undergraduate students at Modern Welding School received grants or loans in 2019. This represents a decline of 8.33% with respect to 2018, when 60% of undergraduate students received financial aid.

This chart compares the average award discount at Modern Welding School (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.

14.3%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Modern Welding School was 14.3%, which represents 7 out of the 49 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

Modern Welding School has a total enrollment of 93 students. The full-time enrollment at Modern Welding School is 66 students and the part-time enrollment is 27. This means that 71% of students enrolled at Modern Welding School are enrolled full-time.

The enrolled student population at Modern Welding School, both undergraduate and graduate, is 92.5% White, 2.15% Black or African American, 2.15% Hispanic or Latino, 2.15% Two or More Races, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Modern Welding School in full-time Undergraduate programs are most commonly White Male (90.9%), followed by White Female (4.55%) and Black or African American Male (1.52%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

71%

Full-Time Enrollment

The total enrollment at Modern Welding School, both undergraduate and graduate, is 93 students. The full-time enrollment at Modern Welding School is 66 and the part-time enrollment is 27. This means that 71% of students enrolled at Modern Welding School are enrolled full-time compared with 69.5% at similar .

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

Retention Rate over Time

98%

2019 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 Modern Welding School was 98%. Compared with the full-time retention rate at similar (78%), Modern Welding School had a retention rate higher than its peers.

This chart shows the retention rate over time at Modern Welding School (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
86
Black or African American
2
Hispanic or Latino
2

The enrolled student population at Modern Welding School is 92.5% White, 2.15% Black or African American, 2.15% Hispanic or Latino, 2.15% Two or More Races, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 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 is 40.5% White, 25.8% Hispanic or Latino, and 18.8% Black or African American.

Graduates

In 2019, 98 fewer women than men received degrees from Modern Welding School. The most common race/ethnicity group of degree recipients at Modern Welding School is white (96 degrees awarded). There were 24 times more white graduates than the next closest race/ethnicity group, black or african american (4 degrees).

The most common Bachelor's Degree concentration at Modern Welding School is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Modern Welding School, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (106 degrees awarded).

Workforce

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Modern Welding School are Elementary & middle school teachers (2,393,123 people), Other managers (2,159,741 people), Registered nurses (1,789,309 people), Software developers (1,366,512 people), and Accountants & auditors (1,274,288 people).

The most specialized majors at Modern Welding School are Precision Production (106 degrees awarded).

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 Modern Welding School are Surgeons, Dentists, Securities, commodities, & financial services sales agents, Other financial specialists, and Physicians

The most specialized majors at Modern Welding School are Precision Production (106 degrees awarded).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Modern Welding School are Elementary & secondary schools (5,400,741 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,059,354 people), Colleges, universities & professional schools, including junior colleges (2,390,141 people), Computer Systems Design (2,161,674 people), and Construction (1,249,986 people).

The most specialized majors at Modern Welding School are Precision Production (106 degrees awarded).

Degrees

Majors Awarded

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

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 Modern Welding School was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Modern Welding School according to their major.

Gender Breakdown for Common Majors

102

Degrees Awarded to Men

in 2019

Degrees Awarded to Women

in 2019

In 2019, 102 degrees were awarded to men at Modern Welding School, which is 25.5 times more than the number of degrees awarded to females (4).

This chart displays the gender disparity between the top 5 majors at Modern Welding School by degrees awarded.

Most Common Male Majors

In false, 102 degrees were awarded to men at Modern Welding School in Welding Technology, which is 25.5 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In false, 4 degrees were awarded to women at Modern Welding School in Welding Technology, which is 0.0392 times less than the 102 male recipients with that same degree.

Time to Complete

85%

100% Completion Time

87%

150% Completion Time

In 2019, 85% of students graduating from Modern Welding School completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 87% within 200%.

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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

N/A

Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Modern Welding School is N/A and N/A (N/A% graduation rate). Across all , Asian Female students have the highest graduation rate (69.1%).

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, N/A% of graduates (N/A students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
96 degrees awarded
Black or African American
4 degrees awarded
Unknown
2 degrees awarded

The most common race/ethnicity at Modern Welding School is white (96 degrees awarded). There were 24 times more white recipients than the next closest race/ethnicity group, black or african american (4 degrees).

1.89% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Male
93 degrees awarded
Black or African American Male
3 degrees awarded
White Female
3 degrees awarded

The most common race/ethnicity and gender grouping at Modern Welding School is white male (93 degrees awarded). There were 31 times more white male recipients than the next closest race/ethnicity group, black or african american male (3 degrees).

Operations

Modern Welding School has an endowment valued at nearly $N/A, as of the end of the 2019 fiscal year. The return on its endowment was of $0 (NaNk%), compared to the 0.0946% average return ($10.2k on $10.8M) across all .

In 2019, Modern Welding School had a total salary expenditure of $N/A. Modern Welding School employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Modern Welding School are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Modern Welding School are: N/A, with N/A employees, N/A, with N/A employees, and N/A with N/A employees.

Finances

Endowment

$N/A

2019 Endowment

growth from 2018

Modern Welding School has an endowment valued at about $N/A, as of the end of the 2019 fiscal year. The endowment of Modern Welding School stayed 0% from the previous year. The value of their endowment was $NaNM approximately the same as than the median endowment of according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Not applicable, not in Carnegie universe (not accredited or nondegree-granting) Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

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

As of 2019, Modern Welding School 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

$880k

2019 Salaries

3.03%

decline from 2018

In 2019, Modern Welding School paid a median of $880k in salaries, which represents NaNk% of their overall expenditure ($N/A) and a 3.03% decline from the previous year. This is compared to a 18.2% growth from 2017 and a 6.57% decline from 2016.

The median for similar is 605k (13.4% of overall expenditures).

Instructional Salaries

$N/A

Instructional Salaries

Number of Employees

In N/A, Modern Welding School paid a total of $N/A to 0 employees working as instructors, which represents N/A% of all salaries paid.

This is compared to a median of $338k (55.9%) for similar Unknown.

Faculty and Staff

Occupations by Share

false

Most Common Instructor

false Employees

N/A

Most Common Non-Instructional Employee

N/A Employees

In false, the most common positions for instructional staff at Modern Welding School 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 Modern Welding School were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.

Instructors by Academic Rank and Gender

Most Common Demographic

false
false
false

In false, the most common demographic for instructional staff at Modern Welding School 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 Modern Welding School.

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