Morrison Institute of Technology

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2017 Undergraduate Tuition
$14,700
2.15% growth from 2016
2017 Average Net Price
$17,509
After Financial Aid
2016 Student Loan
10.3%
Default Rate
2017 Enrolled Students
102
99% Full-Time
2017 Graduation Rate
69.2%
27 Graduates

About

Morrison Institute of Technology is a higher education institution located in Whiteside County, IL. In 2016, the most popular Bachelor's Degree concentrations at Morrison Institute of Technology were .

In 2017, 45 degrees were awarded across all undergraduate and graduate programs at Morrison Institute of Technology. 8.89% of these degrees were awarded to women, and 91.1% awarded men. The majority of degree recipients were white (38 degrees), 6.33 times more than then the next closest race/ethnicity group, hispanic or latino (6 degrees).

The median undergraduate tuition at Morrison Institute of Technology is $14,700, which is $700 more than the national average for Special Focus Institutions ($14,000).

Costs

The median undergraduate tuition at Morrison Institute of Technology is $14,700, which is $700 more than the national average for Special Focus Institutions ($14,000).

After taking grants and loans into account, the average net price for students is $17,509.

In 2017, 69% of undergraduate students received federal grants, while 77% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$14,700
2017 Undergraduate Tuition

In 2017, the cost of tuition at Morrison Institute of Technology was $14,700. The cost of tuition at Morrison Institute of Technology is $700 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

This chart compares the tuition costs of Morrison Institute of Technology (in red) with those of other similar universities.

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Average Net Price

$17,509
2017 Value
5.72%
1 Year Growth

In 2017 Morrison Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $17,509. Between 2016 and 2017, the average net price of Morrison Institute of Technology grew by 5.72%.

This chart compares the average net price of Morrison Institute of Technology (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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Other Student Expenses

$5,968
Room and Board
$975
Books and Supplies

The average yearly cost of room and board at Morrison Institute of Technology was of $5,968 in 2017. During the same period, the average yearly cost of books and supplies was $975. The cost of room and board increased by 29.7% between 2016 and 2017. The cost of books and supplies decreased by 7.14% during the same period.

This chart compares the average student costs at Morrison Institute of Technology (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

69%
Of Undergraduates Receive Grants
77%
Of Undergraduates Receive Federal Loans

69% of undergraduate students at Morrison Institute of Technology received grants or loans in 2017. This represents a decline of 5.48% with respect to 2016, when 73% of undergraduate students received financial aid.

This chart compares the average award discount at Morrison Institute of Technology (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.
10.3%
2016 Default Rate
4
Number of Defaults

In 2016 the default rate for borrower's at Morrison Institute of Technology was 10.3%, which represents 4 out of the 39 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

Morrison Institute of Technology has a total enrollment of 102 students. The full-time enrollment at Morrison Institute of Technology is 101 students and the part-time enrollment is 1. This means that 99% of students enrolled at Morrison Institute of Technology are enrolled full-time.

The enrolled student population at Morrison Institute of Technology, both undergraduate and graduate, is 79.4% White, 6.86% Hispanic or Latino, 3.92% Black or African American, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% American Indian or Alaska Native.

Students enrolled at Morrison Institute of Technology in full-time Undergraduate programs are majority White Male (75.2%), followed by Hispanic or Latino Male (6.93%) and White Female (4.95%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

99%
Full-Time Enrollment

The total enrollment at Morrison Institute of Technology, both undergraduate and graduate, is 102 students. The full-time enrollment at Morrison Institute of Technology is 101 and the part-time enrollment is 1. This means that 99% of students enrolled at Morrison Institute of Technology 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 Morrison Institute of Technology (in red) compares to similar universities.

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Retention Rate over Time

59%
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 Morrison Institute of Technology was 59%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Morrison Institute of Technology had a retention rate lower than its peers.

This chart shows the retention rate over time at Morrison Institute of Technology (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    81
  2. Hispanic or Latino
    7
  3. Black or African American
    4

The enrolled student population at Morrison Institute of Technology is 79.4% White, 6.86% Hispanic or Latino, 3.92% Black or African American, 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 44.7% White, 15.6% Hispanic or Latino, and 15.5% Black or African American.

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Graduates

In 2017, 37 fewer women than men received degrees from Morrison Institute of Technology. The majority of degree recipients at Morrison Institute of Technology are white (38 degrees awarded). There were 6.33 times more white graduates than the next closest race/ethnicity group, hispanic or latino (6 degrees).

The most common Bachelor's Degree concentration at Morrison Institute of Technology is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Morrison Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (32 degrees awarded) and Computer and Information Sciences and Support Services (13 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Morrison Institute of Technology are Software developers (427,971 people), Computer occupations, all other (127,216 people), Computer programmers (115,467 people), Other managers (114,688 people), and Computer & information systems managers (102,720 people).

The most specialized majors at Morrison Institute of Technology are Engineering Technologies (32 degrees awarded) and Computer and Information Sciences and Support Services (13 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Morrison Institute of Technology are Physicians, Magnetic resonance imaging technologists, Marketing managers, Diagnostic medical sonographers, and Architectural & engineering managers

The most specialized majors at Morrison Institute of Technology are Engineering Technologies (32 degrees awarded) and Computer and Information Sciences and Support Services (13 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Morrison Institute of Technology are Computer Systems Design (491,180 people), Colleges, universities & professional schools, including junior colleges (81,315 people), Management, scientific & technical consulting services (74,559 people), Banking & related activities (69,945 people), and Insurance carriers (68,029 people).

The most specialized majors at Morrison Institute of Technology are Engineering Technologies (32 degrees awarded) and Computer and Information Sciences and Support Services (13 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Morrison Institute of Technology.
Most Common
  1. N/A
    N/A degree-majorss awarded
  2. N/A
    N/A degree-majorss awarded
  3. N/A
    N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Morrison Institute of Technology was N/A with N/A degree-majorss awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Morrison Institute of Technology according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men
  1. 41
  2. 4

In 2017, 41 degrees were awarded to men at Morrison Institute of Technology, which is 10.3 times more than the number of degrees awarded to females (4).

This chart displays the gender disparity between the top 5 majors at Morrison Institute of Technology by degrees awarded.

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Most Common Male Majors

In false, 30 degrees were awarded to men at Morrison Institute of Technology in General Engineering Technology, which is 15 times more than the 2 female recipients with that same degree.

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Most Common Female Majors

In false, 2 degrees were awarded to women at Morrison Institute of Technology in System, Networking, & LAN/WAN Management, which is 0.182 times less than the 11 male recipients with that same degree.

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Time to Complete

65%
100% Completion Time
68%
150% Completion Time

In 2017, 65% of students graduating from Morrison Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 76% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Morrison Institute of Technology is Male and Hispanic or Latino (100% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    38 degrees awarded
  2. Hispanic or Latino
    6 degrees awarded
  3. Native Hawaiian or Other Pacific Islanders
    1 degrees awarded

The most common race/ethnicity at Morrison Institute of Technology is white (38 degrees awarded). There were 6.33 times more white recipients than the next closest race/ethnicity group, hispanic or latino (6 degrees).

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

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    35 degrees awarded
  2. Hispanic or Latino Male
    6 degrees awarded
  3. White Female
    3 degrees awarded

The most common race/ethnicity and gender grouping at Morrison Institute of Technology is white male (35 degrees awarded). There were 5.83 times more white male recipients than the next closest race/ethnicity group, hispanic or latino male (6 degrees).

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Operations

Morrison Institute of Technology 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, Morrison Institute of Technology had a total salary expenditure of $1.71M. Morrison Institute of Technology employs 8 Instructors, 0 N/A, and 0 N/A. Most academics at Morrison Institute of Technology are Male Instructors (6), Female Instructors(2), and N/A (0).

The most common positions for non-instructional staff at Morrison Institute of Technology are: Sales and related, with 3 employees, Business and Financial Operations, with 3 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 2 employees.

Finances

Endowment

$N/A
2017 Endowment
0%
growth from 2016

Morrison Institute of Technology has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Morrison Institute of Technology 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 Morrison Institute of Technology (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 Two-Year: Technical Professions Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $0 - Federal
  2. $0 - State
  3. $0 - Local

As of 2017, Morrison Institute of Technology received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$961k
2017 Salaries
11.7%
growth from 2016

In 2017, Morrison Institute of Technology paid a median of $961k in salaries, which represents 56.2% of their overall expenditure ($1.71M) and a 11.7% growth from the previous year. This is compared to a 0.967% growth from 2015 and a 0.306% growth from 2014.

The median for similar Special Focus Institutions is 2.59M (39.4% of overall expenditures).

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Instructional Salaries

$355k
Instructional Salaries
8
Number of Employees

In 2017, Morrison Institute of Technology paid a total of $355k to 8 employees working as instructors, which represents 36.9% of all salaries paid.

This is compared to a median of $584k (28.9%) for similar Special Focus Two-Year: Technical Professions.

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Faculty and Staff

Occupations by Share

Instructor
Most Common Instructor
8 Employees
Sales and related
Most Common Non-Instructional Employee
3 Employees

In 2017, the most common positions for instructional staff at Morrison Institute of Technology were Instructor with 8 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Morrison Institute of Technology were Sales and related with 3 employees; Business and Financial Operations with 3 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 2 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male Instructor
  2. Female Instructor
  3. false

In 2017, the most common demographic for instructional staff at Morrison Institute of Technology was Male Instructor with 6 employees, Female Instructor with 2 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Morrison Institute of Technology.

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