Morrison Institute of Technology

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2020 Undergraduate Tuition
$16,000
0% growth from 2019
2020 Average Net Price
$21,547
After Financial Aid
2018 Student Loan
10.6%
Default Rate
2020 Enrolled Students
79
98.7% Full-Time
2020 Graduation Rate
76.2%
48 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 2020, 43 degrees were awarded across all undergraduate and graduate programs at Morrison Institute of Technology. 4.65% of these degrees were awarded to women, and 95.3% awarded men. The most common race/ethnicity group of degree recipients was white (36 degrees), 7.2 times more than then the next closest race/ethnicity group, hispanic or latino (5 degrees).

The median undergraduate tuition at Morrison Institute of Technology is $16,000, which is $1,600 more than the national average for Special Focus Institutions ($14,400).

Costs

The median undergraduate tuition at Morrison Institute of Technology is $16,000, which is $1,600 more than the national average for Special Focus Institutions ($14,400).

After taking grants and loans into account, the average net price for students is $21,547.

In 2020, 94% of undergraduate students attending Morrison Institute of Technology received financial aid through grants. Comparatively, 87% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$16,000
2020 Undergraduate Tuition

In 2020, the cost of tuition at Morrison Institute of Technology was $16,000. The cost of tuition at Morrison Institute of Technology is $1,600 more than than the overall (public and private) national average for Special Focus Institutions ($14,400).

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Average Net Price

$21,547
2020 Value
20.5%
1 Year Growth

In 2020 Morrison Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $21,547. Between 2019 and 2020, the average net price of Morrison Institute of Technology grew by 20.5%.

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

$5,885
Room and Board
$1,100
Books and Supplies

The average yearly cost of room and board at Morrison Institute of Technology was of $5,885 in 2020. During the same period, the average yearly cost of books and supplies was $1,100. The cost of room and board increased by 1.55% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

94%
Undergraduates Receiving Financial Aid through Grants
87%
Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Morrison Institute of Technology received financial aid through grants or loans in 2020. This represents a growth of 22.1% with respect to 2019, when 77% 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.
10.6%
2018 Default Rate
5
Number of Defaults

In 2018 the default rate for borrower's at Morrison Institute of Technology was 10.6%, which represents 5 out of the 47 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 79 students. The full-time enrollment at Morrison Institute of Technology is 78 students and the part-time enrollment is 1. This means that 98.7% 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 88.6% White, 5.06% Black or African American, 3.8% Hispanic or Latino, 1.27% Two or More Races, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Morrison Institute of Technology in full-time Undergraduate programs are most commonly White Male (89.7%), followed by Black or African American Male (5.13%) and Hispanic or Latino Male (2.56%). 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

98.7%
Full-Time Enrollment

The total enrollment at Morrison Institute of Technology, both undergraduate and graduate, is 79 students. The full-time enrollment at Morrison Institute of Technology is 78 and the part-time enrollment is 1. This means that 98.7% of students enrolled at Morrison Institute of Technology are enrolled full-time compared with 68.5% 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

79%
2020 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 79%. Compared with the full-time retention rate at similar Special Focus Institutions (71.5%), Morrison Institute of Technology had a retention rate higher 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
    70
  2. Black or African American
    4
  3. Hispanic or Latino
    3

The enrolled student population at Morrison Institute of Technology is 88.6% White, 5.06% Black or African American, 3.8% Hispanic or Latino, 1.27% 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 Special Focus Institutions is 44% White, 17.3% Hispanic or Latino, and 14.4% Black or African American.

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Graduates

In 2020, 39 fewer women than men received degrees from Morrison Institute of Technology. The most common race/ethnicity group of degree recipients at Morrison Institute of Technology is white (36 degrees awarded). There were 7.2 times more white graduates than the next closest race/ethnicity group, hispanic or latino (5 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 (36 degrees awarded) and Computer and Information Sciences and Support Services (7 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 (453,235 people), Computer occupations, all other (115,560 people), Other managers (114,067 people), Computer programmers (107,447 people), and Computer & information systems managers (106,969 people).

The most specialized majors at Morrison Institute of Technology are Engineering Technologies (36 degrees awarded) and Computer and Information Sciences and Support Services (7 degrees).

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Highest Paying Jobs by Major

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

The most specialized majors at Morrison Institute of Technology are Engineering Technologies (36 degrees awarded) and Computer and Information Sciences and Support Services (7 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 (514,164 people), Colleges, universities & professional schools, including junior colleges (81,847 people), Insurance carriers (68,500 people), Management, scientific & technical consulting services (68,016 people), and Banking & related activities (63,580 people).

The most specialized majors at Morrison Institute of Technology are Engineering Technologies (36 degrees awarded) and Computer and Information Sciences and Support Services (7 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 degrees 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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Sex Breakdown for Common Majors

41
Degrees Awarded to Men
in 2020
2
Degrees Awarded to Women
in 2020

In 2020, 41 degrees were awarded to men at Morrison Institute of Technology, which is 20.5 times more than the number of degrees awarded to females (2).

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

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Most Common Male Majors

In false, 34 degrees were awarded to men at Morrison Institute of Technology in General Engineering Technology, which is 17 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 General Engineering Technology, which is 0.0588 times less than the 34 male recipients with that same degree.

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Time to Complete

66%
100% Completion Time
84%
150% Completion Time

In 2020, 66% 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, 84% completed their degrees within 150% of the normal time, and 84% 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 Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Morrison Institute of Technology is Female and White (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.4%).

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, 14.6% of graduates (7 students) did not report their race.

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Race & Ethnicity by Share

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

The most common race/ethnicity at Morrison Institute of Technology is white (36 degrees awarded). There were 7.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (5 degrees).

2.33% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Male
    34 degrees awarded
  2. Hispanic or Latino Male
    5 degrees awarded
  3. White Female
    2 degrees awarded

The most common race/ethnicity and sex grouping at Morrison Institute of Technology is white male (34 degrees awarded). There were 6.8 times more white male recipients than the next closest race/ethnicity group, hispanic or latino male (5 degrees).

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Operations

Morrison Institute of Technology has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 1.87% average return ($195k on $10.4M) across all Special Focus Institutions.

In 2020, Morrison Institute of Technology had a total salary expenditure of $2.07M. Morrison Institute of Technology employs 7 No academic ranks, 0 N/A, and 0 N/A. Most academics at Morrison Institute of Technology are Male No academic ranks (5), Female No academic ranks(2), and N/A (0).

The most common positions for non-instructional staff at Morrison Institute of Technology are: Business and Financial Operations, with 3 employees, Sales and related, with 2 employees, and Management with 1 employees.

Finances

Endowment

0%
growth from 2019

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 2020, 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

$1.17M
2020 Salaries
4.6%
decline from 2019

In 2020, Morrison Institute of Technology paid a median of $1.17M in salaries, which represents 56.3% of their overall expenditure ($2.07M) and a 4.6% decline from the previous year. This is compared to a 28.6% growth from 2018 and a 1.04% decline from 2017.

The median for similar Special Focus Institutions is 2.95M (42.1% of overall expenditures).

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Instructional Salaries

$390k
Instructional Salaries
7
Number of Employees

In 2020, Morrison Institute of Technology paid a total of $390k to 7 employees working as instructors, which represents 33.4% of all salaries paid.

This is compared to a median of $855k (29%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

No academic rank
Most Common Instructor
7 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
3 Employees

In 2020, the most common positions for instructional staff at Morrison Institute of Technology were No academic rank with 7 employees; false with 0 employees; and false with 0 employees.

In 2020, the most common positions for non-instructional staff at Morrison Institute of Technology were Business and Financial Operations with 3 employees; Sales and related with 2 employees; and Management with 1 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male No academic rank
  2. Female No academic rank

In 2020, the most common demographic for instructional staff at Morrison Institute of Technology was Male No academic rank with 5 employees, and Female No academic rank with 2 employees.

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

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