Northeast Technical Institute

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2022 Average Net Price
$20,694
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Enrolled Students
407
100% Full-Time

About

Northeast Technical Institute is a higher education institution located in Cumberland County, ME. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Northeast Technical Institute were Medical Assistant (74 degrees awarded), Computer Engineering Technology (18 degrees), and Other Allied Health & Medical Assisting Services (3 degrees).

In 2022, 208 degrees were awarded across all undergraduate and graduate programs at Northeast Technical Institute. 53.4% of these degrees were awarded to women, and 46.6% awarded men. The most common race/ethnicity group of degree recipients was white (186 degrees), 20.7 times more than then the next closest race/ethnicity group, black or african american (9 degrees).

In 2020 the default rate for borrower's at Northeast Technical Institute was 0%, corresponding to 0 out of the 239 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $20,694.

In 2022, 81% of undergraduate students attending Northeast Technical Institute received financial aid through grants. Comparatively, 61% of undergraduate students received financial aid through loans.

Average Net Price

$20,694
2022 Value
15.8%
1 Year Growth

In 2022 Northeast Technical Institute had an average net price — the price paid after factoring in grants and loans — of $20,694. Between 2021 and 2022, the average net price of Northeast Technical Institute grew by 15.8%.

This chart compares the average net price of Northeast 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

81%
Undergraduates Receiving Financial Aid through Grants
61%
Undergraduates Receiving Financial Aid through Loans

81% of undergraduate students at Northeast Technical Institute received financial aid through grants or loans in 2022. This represents a decline of 1.22% with respect to 2021, when 82% of undergraduate students received financial aid.

This chart compares the average award discount at Northeast 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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Northeast Technical Institute was 0%, which represents 0 out of the 239 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

Northeast Technical Institute had a total enrollment of 407 students in 2022. The full-time enrollment at Northeast Technical Institute is 407 students and the part-time enrollment is 0. This means that 100% of students enrolled at Northeast Technical Institute are enrolled full-time.

The enrolled student population at Northeast Technical Institute, both undergraduate and graduate, is 81.3% White, 14.5% Black or African American, 1.47% Hispanic or Latino, 1.23% Asian, 0.983% Two or More Races, and 0.246% American Indian or Alaska Native.

Students enrolled at Northeast Technical Institute in full-time Undergraduate programs are most commonly White Male (61.4%), followed by White Female (19.9%) and Black or African American Male (12%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Northeast Technical Institute in 2022, both undergraduate and graduate, is 407 students. The full-time enrollment at Northeast Technical Institute is 407 and the part-time enrollment is 0.

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

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Retention Rate over Time

77%
2021 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 Northeast Technical Institute was 77%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    331 enrolled students
  2. Black or African American
    59 enrolled students
  3. Hispanic or Latino
    6 enrolled students

The enrolled student population at Northeast Technical Institute is 81.3% White, 14.5% Black or African American, 1.47% Hispanic or Latino, 1.23% Asian, 0.983% Two or More Races, and 0.246% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 14 more women than men received degrees from Northeast Technical Institute. The most common race/ethnicity group of degree recipients at Northeast Technical Institute is white (186 degrees awarded). There were 20.7 times more white recipients than the next closest race/ethnicity group, black or african american (9 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Northeast Technical Institute is Medical Assistant (74 degrees awarded), followed by Computer Engineering Technology (18 degrees) and Other Allied Health & Medical Assisting Services (3 degrees).

In 2022,  the most specialized majors across all degree types at Northeast Technical Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Mechanical Technologies (87 degrees awarded), Health (117 degrees), and Engineering Technologies (4 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 Northeast Technical Institute are Registered nurses (1,396,323 people), Medical & health services managers (152,038 people), Nurse practitioners & nurse midwives (140,815 people), Pharmacists (134,189 people), and Physicians (108,060 people).

The most specialized majors at Northeast Technical Institute in 2022 are Mechanical Technologies (87 degrees awarded), Health (117 degrees), and Engineering Technologies (4 degrees) (as of 2022).

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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 Northeast Technical Institute are Cardiovascular technologists and technicians, Surgeons, Physicians, Physician assistants, and Chief executives & legislators

The most specialized majors at Northeast Technical Institute are Mechanical Technologies (87 degrees awarded), Health (117 degrees), and Engineering Technologies (4 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Northeast Technical Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,489,214 people), Outpatient care centers (239,064 people), Elementary & secondary schools (226,013 people), Offices of physicians (203,111 people), and Colleges, universities & professional schools, including junior colleges (140,561 people).

The most specialized majors at Northeast Technical Institute are Mechanical Technologies (87 degrees awarded), Health (117 degrees), and Engineering Technologies (4 degrees) (as of 2022).

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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 Northeast Technical Institute.
Most Common (2021)
  1. 74 degrees awarded
  2. 18 degrees awarded
  3. 3 degrees awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Northeast Technical Institute was Medical Assistant with 74 degrees awarded.

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

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Sex Breakdown for Common Majors

97
Degrees Awarded to Men
in 2022
111
Degrees Awarded to Women
in 2022

In 2022, 97 degrees were awarded to men at Northeast Technical Institute, which is 0.874 times less than the number of degrees awarded to females (111).

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

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Most Common Male Majors

In 2022, 84 degrees were awarded to men at Northeast Technical Institute in HVAC Maintenance, which is 28 times more than the 3 female recipients with that same degree.

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Most Common Female Majors

In 2022, 72 degrees were awarded to men at Northeast Technical Institute in Medical Assistant, which is 12 times more than the 6 male recipients with that same degree.

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Time to Complete

55%
100% Completion Time
82%
150% Completion Time

In 2022, 55% of students graduating from Northeast Technical Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 82% completed their degrees within 150% of the normal time, and 82% 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 (2022)
  1. White
    186 degrees awarded
  2. Black or African American
    9 degrees awarded
  3. Two or More Races
    8 degrees awarded

The most common race/ethnicity at Northeast Technical Institute is white (186 degrees awarded). There were 20.7 times more white recipients than the next closest race/ethnicity group, black or african american (9 degrees).

0.481% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    101 degrees awarded
  2. White Male
    85 degrees awarded
  3. Black or African American Male
    8 degrees awarded

The most common race/ethnicity and sex grouping at Northeast Technical Institute is white female (101 degrees awarded). There were 1.19 times more white female recipients than the next closest race/ethnicity group, white male (85 degrees).

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Operations

Salary Expenditure

$2.54M
2022 Salaries
5.52%
growth from 2021

In 2022, Northeast Technical Institute paid a median of $2.54M in salaries, a 5.52% growth from the previous year. This is compared to a 16% decline between 2020 and 2021, and a 7.59% growth between 2019 and 2020.

The median for similar is 668k (13.2% of overall expenditures).

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