Monty Tech

www.montytech.net

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2023 Average Net Price

$29,767

After Financial Aid

2020 Default Rate

1.11%

on Student Loans

2023 Acceptance Rate

100%

9 Applicants

2023 Enrolled Students

100% Full-Time

About

Monty Tech is a higher education institution located in Worcester County, MA. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Monty Tech were Licensed Practical & Vocational Nurse Training (30 degrees awarded).

In 2023, 30 degrees were awarded across all undergraduate and graduate programs at Monty Tech. 93.3% of these degrees were awarded to women, and 6.67% awarded men. The most common race/ethnicity group of degree recipients was white (15 degrees), 2.14 times more than then the next closest race/ethnicity group, black or african american (7 degrees).

In 2020 the default rate for borrower's at Monty Tech was 1.11%, corresponding to 1 out of the 90 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 $29,767.

In 2023, 44% of undergraduate students attending Monty Tech received financial aid through grants. Comparatively, 88% of undergraduate students received financial aid through loans.

Average Net Price

$29,767

2023 Value

100%

1 Year Growth

In 2023 Monty Tech had an average net price — the price paid after factoring in grants and loans — of $29,767. Between 2022 and 2023, the average net price of Monty Tech grew by 100%.

This chart compares the average net price of Monty Tech (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

44%

Undergraduates Receiving Financial Aid through Grants

88%

Undergraduates Receiving Financial Aid through Loans

44% of undergraduate students at Monty Tech received financial aid through grants or loans in 2023. This represents a decline of 30.2% with respect to 2022, when 63% of undergraduate students received financial aid.

This chart compares the average award discount at Monty Tech (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.

1.11%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Monty Tech was 1.11%, which represents 1 out of the 90 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.

Admissions

Monty Tech received 9 undergraduate applications in 2023, which represents a 82.7% annual growth. Out of those 9 applicants, 9 students were accepted for enrollment, representing a 100% acceptance rate.

There were 33 students enrolled at Monty Tech in 2023.

Monty Tech has an overall enrollment yield of 100%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

100%

Acceptance Rate in 2023

Accepted Out of 9

In 2023, the undergraduate acceptance rate of Monty Tech was 100% (9 admissions from 9 applications). This is higher than the acceptance rate of 2022, which was 78.8%. Between 2022 and 2023, the number of applicants declined by 82.7%, while admissions declined by 78%.

This chart compares the acceptance rate of Monty Tech (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

N/A% of enrolled first-time students at Monty Tech in false submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Monty Tech had a total enrollment of 33 students in 2023. The full-time enrollment at Monty Tech is 33 students and the part-time enrollment is 0. This means that 100% of students enrolled at Monty Tech are enrolled full-time.

The enrolled student population at Monty Tech, both undergraduate and graduate, is 45.5% White, 24.2% Hispanic or Latino, 12.1% Black or African American, 6.06% Two or More Races, and 3.03% Asian.

Students enrolled at Monty Tech in full-time Undergraduate programs are most commonly White Female (40.5%), followed by Hispanic or Latino Female (20.3%) and Black or African American Female (20.3%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Monty Tech in 2023, both undergraduate and graduate, is 33 students. The full-time enrollment at Monty Tech is 33 and the part-time enrollment is 0.

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

Retention Rate over Time

67%

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 Monty Tech was 67%.

This chart shows the retention rate over time at Monty Tech (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
15 enrolled students
Hispanic or Latino
8 enrolled students
Black or African American
4 enrolled students

The enrolled student population at Monty Tech is 45.5% White, 24.2% Hispanic or Latino, 12.1% Black or African American, 6.06% Two or More Races, and 3.03% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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, 1 students (3.03%) did not report their race.

Graduates

In 2023, 26 more women than men received degrees from Monty Tech. The most common race/ethnicity group of degree recipients at Monty Tech is white (15 degrees awarded). There were 2.14 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Monty Tech is Licensed Practical & Vocational Nurse Training (30 degrees awarded).

In 2023, the most specialized majors across all degree types at Monty Tech, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (30 degrees awarded).

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 Monty Tech are Registered nurses (1,452,497 people), Medical & health services managers (156,128 people), Nurse practitioners & nurse midwives (152,116 people), Pharmacists (133,517 people), and Physicians (108,029 people).

The most specialized majors at Monty Tech in 2023 are Health (30 degrees awarded) (as of 2023).

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 Monty Tech are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at Monty Tech are Health (30 degrees awarded) (as of 2023).

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 Monty Tech are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,482,206 people), Outpatient care centers (237,556 people), Elementary & secondary schools (215,578 people), Offices of physicians (201,917 people), and Colleges, universities & professional schools, including junior colleges (129,843 people).

The most specialized majors at Monty Tech are Health (30 degrees awarded) (as of 2023).

Majors Awarded

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

Licensed Practical & Vocational Nurse Training

Most Common (2023)

30 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Monty Tech was Licensed Practical & Vocational Nurse Training with 30 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 2 degrees were awarded to men at Monty Tech, which is 0.0714 times less than the number of degrees awarded to females (28).

This chart displays the sex disparity between the top 5 majors at Monty Tech by degrees awarded.

Most Common Male Majors

In 2023, 2 degrees were awarded to men at Monty Tech in Licensed Practical & Vocational Nurse Training, which is 0.0714 times less than the 28 female recipients with that same degree.

Most Common Female Majors

In 2023, 28 degrees were awarded to men at Monty Tech in Licensed Practical & Vocational Nurse Training, which is 14 times more than the 2 male recipients with that same degree.

Time to Complete

N/A%

100% Completion Time

75%

150% Completion Time

In 2023, N/A% of students graduating from Monty Tech completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 75% completed their degrees within 150% of the normal time, and 75% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
15 degrees awarded
Black or African American
7 degrees awarded
Hispanic or Latino
6 degrees awarded

The most common race/ethnicity at Monty Tech is white (15 degrees awarded). There were 2.14 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
14 degrees awarded
Black or African American Female
6 degrees awarded
Hispanic or Latino Female
6 degrees awarded

The most common race/ethnicity and sex grouping at Monty Tech is white female (14 degrees awarded). There were 2.33 times more white female recipients than the next closest race/ethnicity group, black or african american female (6 degrees).

Operations

Salary Expenditure

$357k

2023 Salaries

14.6%

growth from 2022

In 2023, Monty Tech paid a median of $357k in salaries, a 14.6% growth from the previous year. This is compared to a 21.7% growth between 2021 and 2022, and a 13% decline between 2020 and 2021.

The median for similar is 668k (13.2% of overall expenditures).

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