Morrison Institute of Technology

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2016 Undergraduate Tuition

$14,390

0% growth from 2015

2016 Average Net Price

$18,572

After Financial Aid

2015 Student Loan

11.1%

Default Rate

2016 Enrolled Students

88

97.7% Full-Time

2016 Graduation Rate

67.6%

25 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 2016, 30 degrees were awarded across all undergraduate and graduate programs at Morrison Institute of Technology. 6.67% of these degrees were awarded to women, and 93.3% awarded men. The majority of degree recipients were white (28 degrees), 14 times more than then the next closest race/ethnicity group, hispanic or latino (2 degrees).

The median undergraduate tuition at Morrison Institute of Technology is $14,390, which is $419 more than the national average for Special Focus Institutions ($13,971).

Costs

The median undergraduate tuition at Morrison Institute of Technology is $14,390, which is $419 more than the national average for Special Focus Institutions ($13,971).

After taking grants and loans into account, the average net price for students is $18,572.

In 2016, 73% of undergraduate students received federal grants, while 68% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$14,390

2016 Undergraduate Tuition

In 2016, the cost of tuition at Morrison Institute of Technology was $14,390. The cost of tuition at Morrison Institute of Technology is $419 more than than the overall (public and private) national average for Special Focus Institutions ($13,971).

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

$18,572

2016 Value

7.67%

1 Year Growth

In 2016 Morrison Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $18,572. Between 2015 and 2016, the average net price of Morrison Institute of Technology grew by 7.67%.

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

$4,600

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Morrison Institute of Technology was of $4,600 in 2016. During the same period, the average yearly cost of books and supplies was $1,050. The cost of room and board decreased by 1.08% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

73%

Of Undergraduates Receive Grants

68%

Of Undergraduates Receive Federal Loans

73% of undergraduate students at Morrison Institute of Technology received grants or loans in 2016. This represents a decline of 15.1% with respect to 2015, when 86% 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.

11.1%

2015 Default Rate

5

Number of Defaults

In 2015 the default rate for borrower's at Morrison Institute of Technology was 11.1%, which represents 5 out of the 45 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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Admissions

Morrison Institute of Technology received N/A undergraduate applications in N/A, which represents a 0% annual growth. Out of those N/A applicants, N/A students were accepted for enrollment, representing a N/A% acceptance rate.

There were 88 students enrolled at Morrison Institute of Technology in 2016, and N/A% of first-time enrollees submitted SAT scores with their applications.

Morrison Institute of Technology has an overall enrollment yield of N/A%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

N/A%

Acceptance Rate in N/A

N/A

Accepted Out of N/A

In N/A, the undergraduate acceptance rate of Morrison Institute of Technology was N/A% (N/A admissions from N/A applications). This is approximately the same as the acceptance rate of N/A, which was N/A%. Between N/A and N/A, the number of applicants stayed by N/A%, while admissions stayed by N/A%.

This chart compares the acceptance rate of Morrison Institute of Technology (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Morrison Institute of Technology in N/A submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Morrison Institute of Technology has a total enrollment of 88 students. The full-time enrollment at Morrison Institute of Technology is 86 students and the part-time enrollment is 2. This means that 97.7% 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 84.1% White, 11.4% Hispanic or Latino, 2.27% Black or African American, 1.14% Native Hawaiian or Other Pacific Islanders, 0% Asian, 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 (77.9%), followed by Hispanic or Latino Male (10.5%) and White Female (5.81%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

97.7%

Full-Time Enrollment

The total enrollment at Morrison Institute of Technology, both undergraduate and graduate, is 88 students. The full-time enrollment at Morrison Institute of Technology is 86 and the part-time enrollment is 2. This means that 97.7% of students enrolled at Morrison Institute of Technology are enrolled full-time compared with 70.8% 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

78%

2016 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 78%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), 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

    74

  2. Hispanic or Latino

    10

  3. Black or African American

    2

The enrolled student population at Morrison Institute of Technology is 84.1% White, 11.4% Hispanic or Latino, 2.27% Black or African American, 1.14% Native Hawaiian or Other Pacific Islanders, 0% Asian, 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 45.5% White, 15.4% Black or African American, and 15.3% Hispanic or Latino.

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 (1.14%) did not report their race.

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Graduates

In 2016, 26 fewer women than men received degrees from Morrison Institute of Technology. The majority of degree recipients at Morrison Institute of Technology are white (28 degrees awarded). There were 14 times more white graduates than the next closest race/ethnicity group, hispanic or latino (2 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 (25 degrees awarded) and Computer and Information Sciences and Support Services (5 degrees).

Workforce

Common Jobs by Major

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, applications & systems software (429,215 people), Miscellaneous managers (140,847 people), Computer programmers (123,306 people), Other Computer Occupations (118,701 people), and Computer & information systems managers (107,010 people).

The most specialized majors at Morrison Institute of Technology are Engineering Technologies (25 degrees awarded) and Computer and Information Sciences and Support Services (5 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 & surgeons, Securities, commodities, & financial services sales agents, Chief executives & legislators, Personal financial advisors, and Aircraft pilots & flight engineers

The most specialized majors at Morrison Institute of Technology are Engineering Technologies (25 degrees awarded) and Computer and Information Sciences and Support Services (5 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 (510,386 people), Insurance carriers & related activities (82,130 people), Colleges, universities & professional schools, including junior colleges (78,028 people), Management, scientific & technical consulting services (65,463 people), and Banking & related activities (65,461 people).

The most specialized majors at Morrison Institute of Technology are Engineering Technologies (25 degrees awarded) and Computer and Information Sciences and Support Services (5 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 degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In N/A, 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 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. 28

  2. 2

In 2016, 28 degrees were awarded to men at Morrison Institute of Technology, which is 14 times more than the number of degrees awarded to females (2).

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 N/A, 23 degrees were awarded to men at Morrison Institute of Technology in General Engineering Technology, which is 11.5 times more than the 2 female recipients with that same degree.

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Most Common Female Majors

In N/A, 2 degrees were awarded to women at Morrison Institute of Technology in General Engineering Technology, which is 0.087 times less than the 23 male recipients with that same degree.

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Time to Complete

43%

100% Completion Time

79%

150% Completion Time

In 2016, 43% 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, 79% completed their degrees within 150% of the normal time, and 86% 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.

White Male

Highest Graduation Rate (72.7%)

The student demographic with the highest graduation rate at Morrison Institute of Technology is Male and White (72.7% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (67.2%).

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

    28 degrees awarded

  2. Hispanic or Latino

    2 degrees awarded

  3. Asian

    0 degrees awarded

The most common race/ethnicity at Morrison Institute of Technology is white (28 degrees awarded). There were 14 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2 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

    26 degrees awarded

  2. White Female

    2 degrees awarded

  3. Hispanic or Latino Male

    2 degrees awarded

The most common race/ethnicity and gender grouping at Morrison Institute of Technology is white male (26 degrees awarded). There were 13 times more white male recipients than the next closest race/ethnicity group, white female (2 degrees).

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Operations

Morrison Institute of Technology has an endowment valued at nearly $N/A, as of the end of the 2015 fiscal year. The return on its endowment was of $0 (N/A%), compared to the 0.512% average return ($49.1k on $9.59M) across all Special Focus Institutions.

In 2015, Morrison Institute of Technology had a total expenditure of $1.57M. Of that $1.57M, they spent $852k on salaries and $1.57M on benefits.

Morrison Institute of Technology employs N/A N/A, N/A N/A, and N/A N/A. Most academics at Morrison Institute of Technology are N/A (N/A), N/A(N/A), and N/A (N/A).

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

2015 Endowment

0%

growth from 2014

Morrison Institute of Technology has an endowment valued at about $N/A, as of the end of the 2015 fiscal year. The endowment of Morrison Institute of Technology stayed 0% from the previous year. The value of their endowment was $N/A 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 2015, 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

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$852k

Salary Expenditure

$1.57M

Benefits Expenditure

In 2015, Morrison Institute of Technology had a total expenditure of $1.57M. Of that $1.57M, they spent $852k on salaries and $1.57M on benefits.

The bar chart shows the share of the primary expenses at Morrison Institute of Technology over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Special Focus Institutions Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Morrison Institute of Technology as a share of total expenditure.

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Salary Expenditure

$852k

2015 Salaries

0.306%

growth from 2014

In 2015, Morrison Institute of Technology paid a median of $852k in salaries, which represents 54.2% of their overall expenditure ($1.57M) and a 0.306% growth from the previous year. This is compared to a 8.28% growth from 2013 and a 9.43% decline from 2012.

The median for similar Special Focus Institutions is 2.52M (38.1% of overall expenditures).

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Instructional Salaries

$211k

Instructional Salaries

5

Number of Employees

In 2015, Morrison Institute of Technology paid a total of $211k to 5 employees working as instructors, which represents 24.7% of all salaries paid.

This is compared to a median of $639k (25.3%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

N/A

Most Common Instructor

N/A Employees

Sales and related

Most Common Non-Instructional Employee

3 Employees

In N/A, the most common positions for instructional staff at Morrison Institute of Technology were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.

In N/A, 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. N/A

  2. N/A

  3. N/A

In N/A, the most common demographic for instructional staff at Morrison Institute of Technology was N/A with N/A employees, N/A with N/A employees, and N/A with N/A employees.

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

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