More Tech Institute (483470)

moretechinstitute.edu

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2022 Average Net Price
$34,293
After Financial Aid
2020 Default Rate
16.7%
on Student Loans
2022 Enrolled Students
63
100% Full-Time

About

More Tech Institute (483470) is a higher education institution located in Miami-Dade County, FL. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at More Tech Institute (483470) were Medical Office Assistant (26 degrees awarded).

In 2022, 40 degrees were awarded across all undergraduate and graduate programs at More Tech Institute (483470). 95% of these degrees were awarded to women, and 5% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (40 degrees).

In 2020 the default rate for borrower's at More Tech Institute (483470) was 16.7%, corresponding to 6 out of the 36 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 $34,293.

In 2022, 100% of undergraduate students attending More Tech Institute (483470) received financial aid through grants. Comparatively, 100% of undergraduate students received financial aid through loans.

Average Net Price

$34,293
2022 Value
24%
1 Year Growth

In 2022 More Tech Institute (483470) had an average net price — the price paid after factoring in grants and loans — of $34,293. Between 2021 and 2022, the average net price of More Tech Institute (483470) grew by 24%.

This chart compares the average net price of More Tech Institute (483470) (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

100%
Undergraduates Receiving Financial Aid through Grants
100%
Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at More Tech Institute (483470) received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at More Tech Institute (483470) (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.
16.7%
2020 Default Rate
6
Number of Defaults

In 2020 the default rate for borrower's at More Tech Institute (483470) was 16.7%, which represents 6 out of the 36 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

More Tech Institute (483470) had a total enrollment of 63 students in 2022. The full-time enrollment at More Tech Institute (483470) is 63 students and the part-time enrollment is 0. This means that 100% of students enrolled at More Tech Institute (483470) are enrolled full-time.

The enrolled student population at More Tech Institute (483470), both undergraduate and graduate, is 100% Hispanic or Latino.

Students enrolled at More Tech Institute (483470) in full-time Undergraduate programs are most commonly Hispanic or Latino Female (92.1%), followed by Hispanic or Latino Male (7.94%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at More Tech Institute (483470) in 2022, both undergraduate and graduate, is 63 students. The full-time enrollment at More Tech Institute (483470) is 63 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at More Tech Institute (483470) (in red) compares to similar universities.

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Retention Rate over Time

100%
2022 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 More Tech Institute (483470) was 100%.

This chart shows the retention rate over time at More Tech Institute (483470) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Hispanic or Latino
Most Common Race or Ethnicity (2022)
63 enrolled students

The enrolled student population at More Tech Institute (483470) is 100% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 36 more women than men received degrees from More Tech Institute (483470). The most common race/ethnicity group of degree recipients at More Tech Institute (483470) is hispanic or latino (40 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at More Tech Institute (483470) is Medical Office Assistant (26 degrees awarded).

In 2022,  the most specialized majors across all degree types at More Tech Institute (483470), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (40 degrees awarded) and Computer and Information Sciences and Support Services (0 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 More Tech Institute (483470) are Registered nurses (1,403,088 people), Software developers (538,561 people), Other managers (159,425 people), Medical & health services managers (155,939 people), and Nurse practitioners & nurse midwives (141,302 people).

The most specialized majors at More Tech Institute (483470) in 2022 are Health (40 degrees awarded) and Computer and Information Sciences and Support Services (0 degrees) (as of 2022).

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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 More Tech Institute (483470) are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Chief executives & legislators

The most specialized majors at More Tech Institute (483470) are Health (40 degrees awarded) and Computer and Information Sciences and Support Services (0 degrees) (as of 2022).

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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 More Tech Institute (483470) are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,536,228 people), Computer Systems Design (571,620 people), Elementary & secondary schools (274,266 people), Outpatient care centers (248,573 people), and Offices of physicians (212,840 people).

The most specialized majors at More Tech Institute (483470) are Health (40 degrees awarded) and Computer and Information Sciences and Support Services (0 degrees) (as of 2022).

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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 More Tech Institute (483470).
Medical Office Assistant
Most Common (2022)
26 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at More Tech Institute (483470) was Medical Office Assistant with 26 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at More Tech Institute (483470) according to their major.

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Sex Breakdown for Common Majors

2
Degrees Awarded to Men
in 2022
38
Degrees Awarded to Women
in 2022

In 2022, 2 degrees were awarded to men at More Tech Institute (483470), which is 0.0526 times less than the number of degrees awarded to females (38).

This chart displays the sex disparity between the top 5 majors at More Tech Institute (483470) by degrees awarded.

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Most Common Male Majors

In 2022, 2 degrees were awarded to men at More Tech Institute (483470) in Medical Insurance Coding Specialist, which is 0.167 times less than the 12 female recipients with that same degree.

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Most Common Female Majors

In 2022, 26 degrees were awarded to women at More Tech Institute (483470) in Medical Office Assistant. There were no male recipients with the same degree.

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Time to Complete

100%
100% Completion Time
100%
150% Completion Time

In 2022, 100% of students graduating from More Tech Institute (483470) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 100% completed their degrees within 150% of the normal time, and 100% 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.

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Race & Ethnicity by Share

Hispanic or Latino
Most Common Student Race or Ethnicity (2022)
40 degrees awarded

The most common race/ethnicity at More Tech Institute (483470) is hispanic or latino (40 degrees awarded).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Hispanic or Latino Female
    38 degrees awarded
  2. Hispanic or Latino Male
    2 degrees awarded

The most common race/ethnicity and sex grouping at More Tech Institute (483470) is hispanic or latino female (38 degrees awarded). There were 19 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (2 degrees).

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Operations

Salary Expenditure

$261k
2022 Salaries
10.3%
growth from 2021

In 2022, More Tech Institute (483470) paid a median of $261k in salaries, a 10.3% growth from the previous year. This is compared to a 15.1% decline between 2020 and 2021, and a 23.7% growth between 2019 and 2020.

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

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