NASCAR Technical Institute

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2019 Average Net Price
$21,393
After Financial Aid
2017 Student Loan
13.8%
Default Rate
2019 Enrolled Students
1,132
100% Full-Time
2018 Graduation Rate
59.1%
392 Graduates

About

NASCAR Technical Institute is a higher education institution located in Iredell County, NC. In 2016, the most popular Bachelor's Degree concentrations at NASCAR Technical Institute were .

In 2019, 576 degrees were awarded across all undergraduate and graduate programs at NASCAR Technical Institute. 3.99% of these degrees were awarded to women, and 96% awarded men. The most common race/ethnicity group of degree recipients was white (382 degrees), 5.03 times more than then the next closest race/ethnicity group, black or african american (76 degrees).

The median undergraduate tuition at NASCAR Technical Institute is $0, which is $−11,750 less than the national average for ($11,750).

Costs

The median undergraduate tuition at NASCAR Technical Institute is $0, which is $−11,750 less than the national average for ($11,750).

After taking grants and loans into account, the average net price for students is $21,393.

In 2019, 72% of undergraduate students received federal grants, while 62% of undergraduate students received federal loans.

Average Net Price

$21,393
2019 Value
3.37%
1 Year Growth

In 2019 NASCAR Technical Institute had an average net price — the price paid after factoring in grants and loans — of $21,393. Between 2018 and 2019, the average net price of NASCAR Technical Institute grew by 3.37%.

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

Financial Aid by Income Level

72%
Of Undergraduates Receive Grants
62%
Of Undergraduates Receive Federal Loans

72% of undergraduate students at NASCAR Technical Institute received grants or loans in 2019. This represents a growth of 1.41% with respect to 2018, when 71% 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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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.
13.8%
2017 Default Rate
598
Number of Defaults

In 2017 the default rate for borrower's at NASCAR Technical Institute was 13.8%, which represents 598 out of the 4328 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

NASCAR Technical Institute has a total enrollment of 1,132 students. The full-time enrollment at NASCAR Technical Institute is 1,132 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 61.7% White, 14.9% Black or African American, 13.8% Hispanic or Latino, 5.57% Two or More Races, 1.15% Asian, 1.15% American Indian or Alaska Native, and 0.177% Native Hawaiian or Other Pacific Islanders.

Students enrolled at NASCAR Technical Institute in full-time Undergraduate programs are most commonly White Male (59%), followed by Black or African American Male (14.5%) and Hispanic or Latino Male (13.3%). 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

100%
Full-Time Enrollment

The total enrollment at NASCAR Technical Institute, both undergraduate and graduate, is 1,132 students. The full-time enrollment at NASCAR Technical Institute is 1,132 and the part-time enrollment is 0. This means that 100% of students enrolled at NASCAR Technical Institute are enrolled full-time compared with 69.5% at similar .

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

69%
2019 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 69%. Compared with the full-time retention rate at similar (78%), NASCAR Technical Institute had a retention rate lower than its peers.

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
  1. White
    698
  2. Black or African American
    169
  3. Hispanic or Latino
    156

The enrolled student population at NASCAR Technical Institute is 61.7% White, 14.9% Black or African American, 13.8% Hispanic or Latino, 5.57% Two or More Races, 1.15% Asian, 1.15% American Indian or Alaska Native, and 0.177% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 40.5% White, 25.8% Hispanic or Latino, and 18.8% Black or African American.

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Graduates

In 2019, 530 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 (382 degrees awarded). There were 5.03 times more white graduates than the next closest race/ethnicity group, black or african american (76 degrees).

The most common Bachelor's Degree concentration at NASCAR Technical Institute is N/A, followed by N/A and N/A.

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 (486 degrees awarded) and Precision Production (90 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 NASCAR Technical Institute are Other managers (1,164 people), Welding, soldering, & brazing workers (1,032 people), Automotive service technicians & mechanics (973 people), and Aerospace engineers (477 people).

The most specialized majors at NASCAR Technical Institute are Mechanical Technologies (486 degrees awarded) and Precision Production (90 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 NASCAR Technical Institute are Other managers, Aerospace engineers, Welding, soldering, & brazing workers, and Automotive service technicians & mechanics

The most specialized majors at NASCAR Technical Institute are Mechanical Technologies (486 degrees awarded) and Precision Production (90 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 NASCAR Technical Institute are Construction (1,938 people), Automotive repair & maintenance (1,547 people), Aircraft & parts manufacturing (1,085 people), Air transportation (612 people), and Motor vehicles & motor vehicle equipment manufacturing (595 people).

The most specialized majors at NASCAR Technical Institute are Mechanical Technologies (486 degrees awarded) and Precision Production (90 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 NASCAR Technical Institute.
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 NASCAR Technical Institute was N/A with N/A degrees awarded.

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

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Gender Breakdown for Common Majors

553
Degrees Awarded to Men
in 2019
23
Degrees Awarded to Women
in 2019

In 2019, 553 degrees were awarded to men at NASCAR Technical Institute, which is 24 times more than the number of degrees awarded to females (23).

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

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Most Common Male Majors

In false, 468 degrees were awarded to men at NASCAR Technical Institute in Automobile Mechanics Technology, which is 26 times more than the 18 female recipients with that same degree.

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Most Common Female Majors

In false, 18 degrees were awarded to women at NASCAR Technical Institute in Automobile Mechanics Technology, which is 0.0385 times less than the 468 male recipients with that same degree.

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Time to Complete

18%
100% Completion Time
59%
150% Completion Time

In 2019, 18% of students graduating from NASCAR Technical Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 60% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at NASCAR Technical Institute is Female and Black or African American (100% graduation rate). Across all , Asian Female students have the highest graduation rate (69.1%).

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, 1.79% 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
    382 degrees awarded
  2. Black or African American
    76 degrees awarded
  3. Hispanic or Latino
    57 degrees awarded

The most common race/ethnicity at NASCAR Technical Institute is white (382 degrees awarded). There were 5.03 times more white recipients than the next closest race/ethnicity group, black or african american (76 degrees).

4.69% of degree recipients (27 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    366 degrees awarded
  2. Black or African American Male
    76 degrees awarded
  3. Hispanic or Latino Male
    54 degrees awarded

The most common race/ethnicity and gender grouping at NASCAR Technical Institute is white male (366 degrees awarded). There were 4.82 times more white male recipients than the next closest race/ethnicity group, black or african american male (76 degrees).

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Operations

NASCAR Technical Institute has an endowment valued at nearly $N/A, as of the end of the 2019 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 0.0946% average return ($10.2k on $10.8M) across all .

In 2019, NASCAR Technical Institute had a total salary expenditure of $N/A. NASCAR Technical Institute employs 0 N/A, 0 N/A, and 0 N/A. Most academics at NASCAR Technical Institute are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at NASCAR Technical Institute are: N/A, with N/A employees, N/A, with N/A employees, and N/A with N/A employees.

Finances

Endowment

$N/A
2019 Endowment
0%
growth from 2018

NASCAR Technical Institute has an endowment valued at about $N/A, as of the end of the 2019 fiscal year. The endowment of NASCAR Technical Institute stayed 0% from the previous year. The value of their endowment was $NaNM approximately the same as than the median endowment of according to the Carnegie Classification grouping.

This line chart shows how the endowment at NASCAR Technical Institute (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Not applicable, not in Carnegie universe (not accredited or nondegree-granting) Carnegie Classification grouping.

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Government Grants and Contracts

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

As of 2019, NASCAR Technical Institute 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

$8.62M
2019 Salaries
2.74%
decline from 2018

In 2019, NASCAR Technical Institute paid a median of $8.62M in salaries, which represents NaNM% of their overall expenditure ($N/A) and a 2.74% decline from the previous year. This is compared to a 4.87% growth from 2017 and a 14.3% decline from 2016.

The median for similar is 605k (13.4% of overall expenditures).

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Instructional Salaries

$N/A
Instructional Salaries
0
Number of Employees

In N/A, NASCAR Technical Institute paid a total of $N/A to 0 employees working as instructors, which represents N/A% of all salaries paid.

This is compared to a median of $338k (55.9%) for similar Unknown.

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Faculty and Staff

Occupations by Share

false
Most Common Instructor
false Employees
N/A
Most Common Non-Instructional Employee
N/A Employees

In false, the most common positions for instructional staff at NASCAR Technical Institute were false with 0 employees; false with 0 employees; and false with 0 employees.

In false, the most common positions for non-instructional staff at NASCAR Technical Institute were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. false
  2. false
  3. false

In false, the most common demographic for instructional staff at NASCAR Technical Institute was false with 0 employees, false with 0 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at NASCAR Technical Institute.

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