NASCAR Technical Institute

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    2024 Average Net Price
    $27,938
    After Financial Aid
    2024 Enrolled Students
    1,345
    100% Full-Time
    2024 Graduation Rate
    65.3%
    478 Graduates

    About

    NASCAR Technical Institute is a higher education institution located in Iredell County, NC. In 2024, the most popular Associates Degree concentrations at NASCAR Technical Institute were Automobile Mechanics Technology (506 degrees awarded).

    In 2024, 665 degrees were awarded across all undergraduate and graduate programs at NASCAR Technical Institute. 7.97% of these degrees were awarded to women, and 92% awarded men. The most common race/ethnicity group of degree recipients was white (367 degrees), 3.08 times more than then the next closest race/ethnicity group, hispanic or latino (119 degrees).

    Costs

    After taking grants and loans into account, the average net price for students is $27,938.

    In 2024, 74% of undergraduate students attending NASCAR Technical Institute received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans.

    Average Net Price

    $27,938
    2024 Value
    18.7%
    1 Year Growth

    In 2024 NASCAR Technical Institute had an average net price — the price paid after factoring in grants and loans — of $27,938. Between 2023 and 2024, the average net price of NASCAR Technical Institute grew by 18.7%.

    This chart compares the average net price of NASCAR Technical Institute (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

    74%
    Undergraduates Receiving Financial Aid through Grants
    63%
    Undergraduates Receiving Financial Aid through Loans

    74% of undergraduate students at NASCAR Technical Institute received financial aid through grants or loans in 2024. This represents a decline of 3.9% with respect to 2023, when 77% of undergraduate students received financial aid.

    This chart compares the average award discount at NASCAR Technical Institute (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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    Enrollment

    NASCAR Technical Institute had a total enrollment of 1,345 students in 2024. The full-time enrollment at NASCAR Technical Institute is 1,345 students and the part-time enrollment is 0. This means that 100% of students enrolled at NASCAR Technical Institute are enrolled full-time.

    The enrolled student population at NASCAR Technical Institute, both undergraduate and graduate, is 47.6% White, 18.6% Black or African American, 17.6% Hispanic or Latino, 9.67% Two or More Races, 0.967% Asian, 0.818% American Indian or Alaska Native, and 0.297% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at NASCAR Technical Institute in full-time Undergraduate programs are most commonly White Male (46.3%), followed by Black or African American Male (16.7%) and Hispanic or Latino Male (15.7%).

    Full-Time vs Part-Time Enrollment

    100%
    Full-Time Enrollment

    The total enrollment at NASCAR Technical Institute in 2024, both undergraduate and graduate, is 1,345 students. The full-time enrollment at NASCAR Technical Institute is 1,345 and the part-time enrollment is 0.

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

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    Retention Rate over Time

    77%
    2024 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 NASCAR Technical Institute was 77%.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      640 enrolled students
    2. Black or African American
      250 enrolled students
    3. Hispanic or Latino
      237 enrolled students

    The enrolled student population at NASCAR Technical Institute is 47.6% White, 18.6% Black or African American, 17.6% Hispanic or Latino, 9.67% Two or More Races, 0.967% Asian, 0.818% American Indian or Alaska Native, and 0.297% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

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    Graduates

    In 2024, 559 fewer women than men received degrees from NASCAR Technical Institute. The most common race/ethnicity group of degree recipients at NASCAR Technical Institute is white (367 degrees awarded). There were 3.08 times more white recipients than the next closest race/ethnicity group, hispanic or latino (119 degrees).

    The most common Associates Degree concentration at NASCAR Technical Institute is Automobile Mechanics Technology (506 degrees awarded).

    In 2024,  the most specialized majors across all degree types at NASCAR Technical Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Mechanical Technologies (512 degrees awarded), Precision Production (153 degrees), and Engineering Technologies (0 degrees).

    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 NASCAR Technical Institute are Software developers (33,942 people), Other managers (29,361 people), Miscellaneous engineers, including nuclear engineers (17,737 people), Mechanical engineers (12,018 people), and Industrial engineers, including health & safety (11,557 people).

    The most specialized majors at NASCAR Technical Institute in 2024 are Mechanical Technologies (512 degrees awarded), Precision Production (153 degrees), and Engineering Technologies (0 degrees) (as of 2024).

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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 NASCAR Technical Institute are Cardiovascular technologists and technicians, Actuaries, Physicians, Commercial and industrial designers, and Chief executives & legislators

    The most specialized majors at NASCAR Technical Institute are Mechanical Technologies (512 degrees awarded), Precision Production (153 degrees), and Engineering Technologies (0 degrees) (as of 2024).

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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 NASCAR Technical Institute are Computer Systems Design (43,417 people), Construction (30,392 people), Architectural, engineering & related services (16,892 people), Motor vehicles & motor vehicle equipment manufacturing (15,236 people), and Electronic component & product manufacturing, n.e.c. (12,874 people).

    The most specialized majors at NASCAR Technical Institute are Mechanical Technologies (512 degrees awarded), Precision Production (153 degrees), and Engineering Technologies (0 degrees) (as of 2024).

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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 NASCAR Technical Institute.
    Most Common (2024)
    1. 105 degrees awarded
    2. 48 degrees awarded
    3. 6 degrees awarded

    In 2024, the most common 1 to 2 year postsecondary certificate concentration at NASCAR Technical Institute was Welding Technology with 105 degrees awarded.

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

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    Sex Breakdown for Common Majors

    612
    Degrees Awarded to Men
    in 2024
    53
    Degrees Awarded to Women
    in 2024

    In 2024, 612 degrees were awarded to men at NASCAR Technical Institute, which is 11.5 times more than the number of degrees awarded to females (53).

    This chart displays the sex disparity between the top 5 majors at NASCAR Technical Institute by degrees awarded.

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    Most Common Male Majors

    In 2024, 470 degrees were awarded to men at NASCAR Technical Institute in Automobile Mechanics Technology, which is 13.1 times more than the 36 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 36 degrees were awarded to men at NASCAR Technical Institute in Automobile Mechanics Technology, which is 0.0766 times less than the 470 male recipients with that same degree.

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    Time to Complete

    21%
    100% Completion Time
    56%
    150% Completion Time

    In 2024, 21% of students graduating from NASCAR Technical Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 150% of the normal time, and 58% 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

    Most Common Student Race or Ethnicity (2024)
    1. White
      367 degrees awarded
    2. Hispanic or Latino
      119 degrees awarded
    3. Black or African American
      92 degrees awarded

    The most common race/ethnicity at NASCAR Technical Institute is white (367 degrees awarded). There were 3.08 times more white recipients than the next closest race/ethnicity group, hispanic or latino (119 degrees).

    2.56% of degree recipients (17 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Male
      557 degrees awarded
    2. White Male
      465 degrees awarded
    3. White Male
      433 degrees awarded

    The most common race/ethnicity and sex grouping at NASCAR Technical Institute is white male (557 degrees awarded). There were 1.2 times more white male recipients than the next closest race/ethnicity group, white male (465 degrees).

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    Operations

    In 2024, NASCAR Technical Institute had a total salary expenditure of 31.3M. NASCAR Technical Institute employs 43 No academic ranks. Most academics at NASCAR Technical Institute are Male No academic rank (42), and Female No academic rank (1).

    The most common positions for non-instructional staff at NASCAR Technical Institute are: Business and Financial Operations, with 20 employees, Management, with 10 employees, and Office and Administrative Support with 2 employees.

    Salary Expenditure

    $9.78M
    2024 Salaries
    0.888%
    growth from 2023

    In 2024, NASCAR Technical Institute paid a median of $9.78M in salaries, which represents 31.2% of their overall expenditure ($31.3M) and a 0.888% growth from the previous year. This is compared to a 6.93% growth between 2022 and 2023.

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    Instructional Salaries

    $3.34M
    Instructional Salaries
    43
    Number of Employees

    In 2024, NASCAR Technical Institute paid a total of $3.34M to 43 employees working as instructors, which represents 34.2% of all salaries paid.

    This is compared to a median of $194k (27.9%) for similar Unknown.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at NASCAR Technical Institute were Business and Financial Operations with 20 employees, Management with 10 employees, and Office and Administrative Support with 2 employees.

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