Omega Studios' School of Applied Recording Arts & Sciences

www.omegastudios.com/

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2020 Average Net Price

$35,285

After Financial Aid

2018 Student Loan

1.72%

Default Rate

2020 Enrolled Students

50.5% Full-Time

About

Omega Studios' School of Applied Recording Arts & Sciences is a higher education institution located in Montgomery County, MD. In 2016, the most popular Bachelor's Degree concentrations at Omega Studios' School of Applied Recording Arts & Sciences were .

In 2020, 53 degrees were awarded across all undergraduate and graduate programs at Omega Studios' School of Applied Recording Arts & Sciences. 11.3% of these degrees were awarded to women, and 88.7% awarded men. The most common race/ethnicity group of degree recipients was black or african american (23 degrees), 1.28 times more than then the next closest race/ethnicity group, white (18 degrees).

The median undergraduate tuition at Omega Studios' School of Applied Recording Arts & Sciences is $0, which is $−11,500 less than the national average for ($11,500).

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

The median undergraduate tuition at Omega Studios' School of Applied Recording Arts & Sciences is $0, which is $−11,500 less than the national average for ($11,500).

After taking grants and loans into account, the average net price for students is $35,285.

In 2020, 20% of undergraduate students received federal grants, while 41% of undergraduate students received federal loans.

Average Net Price

$35,285

2020 Value

7.15%

1 Year Growth

In 2020 Omega Studios' School of Applied Recording Arts & Sciences had an average net price — the price paid after factoring in grants and loans — of $35,285. Between 2019 and 2020, the average net price of Omega Studios' School of Applied Recording Arts & Sciences grew by 7.15%.

This chart compares the average net price of Omega Studios' School of Applied Recording Arts & Sciences (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.

Financial Aid

Financial Aid by Income Level

20%

Of Undergraduates Receive Grants

41%

Of Undergraduates Receive Federal Loans

20% of undergraduate students at Omega Studios' School of Applied Recording Arts & Sciences received grants or loans in 2020. This represents a decline of 42.9% with respect to 2019, when 35% of undergraduate students received financial aid.

This chart compares the average award discount at Omega Studios' School of Applied Recording Arts & Sciences (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.

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.

1.72%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Omega Studios' School of Applied Recording Arts & Sciences was 1.72%, which represents 1 out of the 58 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.

Enrollment

Omega Studios' School of Applied Recording Arts & Sciences has a total enrollment of 95 students. The full-time enrollment at Omega Studios' School of Applied Recording Arts & Sciences is 48 students and the part-time enrollment is 47. This means that 50.5% of students enrolled at Omega Studios' School of Applied Recording Arts & Sciences are enrolled full-time.

The enrolled student population at Omega Studios' School of Applied Recording Arts & Sciences, both undergraduate and graduate, is 40% Black or African American, 33.7% White, 13.7% Hispanic or Latino, 7.37% Two or More Races, 4.21% Asian, 1.05% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Omega Studios' School of Applied Recording Arts & Sciences in full-time Undergraduate programs are most commonly Black or African American Male (39.6%), followed by White Male (22.9%) and Hispanic or Latino Male (16.7%). 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

50.5%

Full-Time Enrollment

The total enrollment at Omega Studios' School of Applied Recording Arts & Sciences, both undergraduate and graduate, is 95 students. The full-time enrollment at Omega Studios' School of Applied Recording Arts & Sciences is 48 and the part-time enrollment is 47. This means that 50.5% of students enrolled at Omega Studios' School of Applied Recording Arts & Sciences are enrolled full-time compared with 65.9% at similar .

This chart shows the full-time vs part-time enrollment status at Omega Studios' School of Applied Recording Arts & Sciences (in red) compares to similar universities.

Retention Rate over Time

80%

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 Omega Studios' School of Applied Recording Arts & Sciences was 80%. Compared with the full-time retention rate at similar (77%), Omega Studios' School of Applied Recording Arts & Sciences had a retention rate higher than its peers.

This chart shows the retention rate over time at Omega Studios' School of Applied Recording Arts & Sciences (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

Black or African American
38
White
32
Hispanic or Latino
13

The enrolled student population at Omega Studios' School of Applied Recording Arts & Sciences is 40% Black or African American, 33.7% White, 13.7% Hispanic or Latino, 7.37% Two or More Races, 4.21% Asian, 1.05% American Indian or Alaska Native, and 0% 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 37.9% White, 24.6% Hispanic or Latino, and 18.7% Black or African American.

Graduates

In 2020, 41 fewer women than men received degrees from Omega Studios' School of Applied Recording Arts & Sciences. The most common race/ethnicity group of degree recipients at Omega Studios' School of Applied Recording Arts & Sciences is black or african american (23 degrees awarded). There were 1.28 times more black or african american graduates than the next closest race/ethnicity group, white (18 degrees).

The most common Bachelor's Degree concentration at Omega Studios' School of Applied Recording Arts & Sciences is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Omega Studios' School of Applied Recording Arts & Sciences, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (53 degrees awarded).

Workforce

Common Jobs by Major

Artists & related workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Omega Studios' School of Applied Recording Arts & Sciences are Artists & related workers (4,079 people), Other managers (3,524 people), Graphic designers (3,511 people), Broadcast & sound engineering technicians & radio operators, & media & communication equipment workers, all other (2,442 people), and Customer service representatives (1,965 people).

The most specialized majors at Omega Studios' School of Applied Recording Arts & Sciences are Communication Technologies (53 degrees awarded).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Omega Studios' School of Applied Recording Arts & Sciences are Chief executives & legislators, Computer & information systems managers, Sales managers, Industrial production managers, and General & operations managers

The most specialized majors at Omega Studios' School of Applied Recording Arts & Sciences are Communication Technologies (53 degrees awarded).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Omega Studios' School of Applied Recording Arts & Sciences are Computer Systems Design (3,746 people), Motion pictures & video industries (3,605 people), Elementary & secondary schools (2,850 people), Broadcasting (except internet) (2,759 people), and Restaurants & Food Services (2,651 people).

The most specialized majors at Omega Studios' School of Applied Recording Arts & Sciences are Communication Technologies (53 degrees awarded).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Omega Studios' School of Applied Recording Arts & Sciences.

Most Common

N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Omega Studios' School of Applied Recording Arts & Sciences was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Omega Studios' School of Applied Recording Arts & Sciences according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 47 degrees were awarded to men at Omega Studios' School of Applied Recording Arts & Sciences, which is 7.83 times more than the number of degrees awarded to females (6).

This chart displays the sex disparity between the top 5 majors at Omega Studios' School of Applied Recording Arts & Sciences by degrees awarded.

Most Common Male Majors

In false, 47 degrees were awarded to men at Omega Studios' School of Applied Recording Arts & Sciences in Recording Arts Technology, which is 7.83 times more than the 6 female recipients with that same degree.

Most Common Female Majors

In false, 6 degrees were awarded to women at Omega Studios' School of Applied Recording Arts & Sciences in Recording Arts Technology, which is 0.128 times less than the 47 male recipients with that same degree.

Time to Complete

100% Completion Time

45%

150% Completion Time

In 2020, 9% of students graduating from Omega Studios' School of Applied Recording Arts & Sciences completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 45% 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.

Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

N/A

Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Omega Studios' School of Applied Recording Arts & Sciences is N/A and N/A (N/A% graduation rate). Across all , 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, N/A% of graduates (N/A students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

Black or African American
23 degrees awarded
White
18 degrees awarded
Hispanic or Latino
8 degrees awarded

The most common race/ethnicity at Omega Studios' School of Applied Recording Arts & Sciences is black or african american (23 degrees awarded). There were 1.28 times more black or african american recipients than the next closest race/ethnicity group, white (18 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

Black or African American Male
20 degrees awarded
White Male
16 degrees awarded
Hispanic or Latino Male
7 degrees awarded

The most common race/ethnicity and sex grouping at Omega Studios' School of Applied Recording Arts & Sciences is black or african american male (20 degrees awarded). There were 1.25 times more black or african american male recipients than the next closest race/ethnicity group, white male (16 degrees).

Operations

Omega Studios' School of Applied Recording Arts & Sciences 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 (NaNk%), compared to the 0.162% average return ($14.1k on $8.7M) across all .

In 2020, Omega Studios' School of Applied Recording Arts & Sciences had a total salary expenditure of $N/A. Omega Studios' School of Applied Recording Arts & Sciences employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Omega Studios' School of Applied Recording Arts & Sciences are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Omega Studios' School of Applied Recording Arts & Sciences are: N/A, with N/A employees, N/A, with N/A employees, and N/A with N/A employees.

Finances

Endowment

growth from 2019

This line chart shows how the endowment at Omega Studios' School of Applied Recording Arts & Sciences (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.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2020, Omega Studios' School of Applied Recording Arts & Sciences received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$1.35M

2020 Salaries

11.4%

decline from 2019

In 2020, Omega Studios' School of Applied Recording Arts & Sciences paid a median of $1.35M in salaries, which represents NaNM% of their overall expenditure ($N/A) and a 11.4% decline from the previous year. This is compared to a 15.3% decline from 2018 and a 43.6% growth from 2017.

The median for similar is 613k (11.6% of overall expenditures).

Instructional Salaries

$N/A

Instructional Salaries

Number of Employees

In N/A, Omega Studios' School of Applied Recording Arts & Sciences 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 $348k (56.8%) for similar Unknown.

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 Omega Studios' School of Applied Recording Arts & Sciences 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 Omega Studios' School of Applied Recording Arts & Sciences were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.