Pennsylvania Institute of Technology

www.pit.edu

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2022 Undergraduate Tuition

$12,825

18.8% growth from 2021

2022 Average Net Price

$17,354

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

651

51% Full-Time

2022 Graduation Rate

74.5%

35 Graduates

About

Pennsylvania Institute of Technology is a higher education institution located in Delaware County, PA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Pennsylvania Institute of Technology were Other Practical Nursing, Vocational Nursing, & Nursing Assistants (111 degrees awarded).

In 2022, 180 degrees were awarded across all undergraduate and graduate programs at Pennsylvania Institute of Technology. 87.2% of these degrees were awarded to women, and 12.8% awarded men. The most common race/ethnicity group of degree recipients was black or african american (121 degrees), 4.84 times more than then the next closest race/ethnicity group, white (25 degrees).

The median undergraduate tuition at Pennsylvania Institute of Technology is $12,825, which is $4,713 more than the national average for Associates Colleges ($8,112).

In 2020 the default rate for borrower's at Pennsylvania Institute of Technology was 0%, corresponding to 0 out of the 370 total borrowers.

Associates Colleges: High Career & Technical-High Nontraditional Associates Colleges

Costs

In 2022, the median undergraduate tuition at Pennsylvania Institute of Technology is $12,825, which is $4,713 more than the national average for Associates Colleges ($8,112).

After taking grants and loans into account, the average net price for students is $17,354.

In 2022, 87% of undergraduate students attending Pennsylvania Institute of Technology received financial aid through grants. Comparatively, 94% of undergraduate students received financial aid through loans.

Tuition Costs

$12,825

2022 Undergraduate Tuition

In 2022, the cost of tuition at Pennsylvania Institute of Technology was $12,825. The cost of tuition at Pennsylvania Institute of Technology is $4,713 more than than the overall (public and private) national average for Associates Colleges ($8,112).

This chart compares the tuition costs of Pennsylvania Institute of Technology (in red) with those of other similar universities.

Average Net Price

$17,354

2022 Value

7.93%

1 Year Growth

In 2022 Pennsylvania Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $17,354. Between 2021 and 2022, the average net price of Pennsylvania Institute of Technology grew by 7.93%.

This chart compares the average net price of Pennsylvania 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.

Other Student Expenses

$9,000

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Pennsylvania Institute of Technology was of $9,000 in 2022. The cost of room and board increased by 50% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,050. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Pennsylvania Institute of Technology (in red) with that of similar universities.

Financial Aid by Income Level

87%

Undergraduates Receiving Financial Aid through Grants

94%

Undergraduates Receiving Financial Aid through Loans

87% of undergraduate students at Pennsylvania Institute of Technology received financial aid through grants or loans in 2022. This represents a decline of 5.43% with respect to 2021, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at Pennsylvania 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.

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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Pennsylvania Institute of Technology was 0%, which represents 0 out of the 370 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

Pennsylvania Institute of Technology had a total enrollment of 651 students in 2022. The full-time enrollment at Pennsylvania Institute of Technology is 332 students and the part-time enrollment is 319. This means that 51% of students enrolled at Pennsylvania Institute of Technology are enrolled full-time.

The enrolled student population at Pennsylvania Institute of Technology, both undergraduate and graduate, is 62.8% Black or African American, 18.4% White, 5.68% Two or More Races, 2.61% Hispanic or Latino, 0.614% Asian, and 0.614% American Indian or Alaska Native.

Students enrolled at Pennsylvania Institute of Technology in full-time Undergraduate programs are most commonly Black or African American Female (61.4%), followed by White Female (16.3%) and White Male (6.33%).

Full-Time vs Part-Time Enrollment

51%

Full-Time Enrollment

The total enrollment at Pennsylvania Institute of Technology in 2022, both undergraduate and graduate, is 651 students. The full-time enrollment at Pennsylvania Institute of Technology is 332 and the part-time enrollment is 319. This means that 51% of students enrolled at Pennsylvania Institute of Technology are enrolled full-time compared with 32.2% at similar Associates Colleges.

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

Retention Rate over Time

40%

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 Pennsylvania Institute of Technology was 40%. Compared with the full-time retention rate at similar Associates Colleges (62%), Pennsylvania Institute of Technology had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Black or African American
409 enrolled students
White
120 enrolled students
Two or More Races
37 enrolled students

The enrolled student population at Pennsylvania Institute of Technology is 62.8% Black or African American, 18.4% White, 5.68% Two or More Races, 2.61% Hispanic or Latino, 0.614% Asian, and 0.614% 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 Associates Colleges is 42.9% White, 27.9% Hispanic or Latino, and 12.5% Black or African American.

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, 58 students (8.91%) did not report their race.

Graduates

In 2022, 134 more women than men received degrees from Pennsylvania Institute of Technology. The most common race/ethnicity group of degree recipients at Pennsylvania Institute of Technology is black or african american (121 degrees awarded). There were 4.84 times more black or african american recipients than the next closest race/ethnicity group, white (25 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Pennsylvania Institute of Technology is Other Practical Nursing, Vocational Nursing, & Nursing Assistants (111 degrees awarded).

In 2022, the most specialized majors across all degree types at Pennsylvania Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (167 degrees awarded), Engineering Technologies (4 degrees), and Business (6 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Pennsylvania Institute of Technology are Registered nurses (1,489,691 people), Accountants & auditors (1,059,180 people), Other managers (859,380 people), Software developers (698,714 people), and Financial managers (513,913 people).

The most specialized majors at Pennsylvania Institute of Technology in 2022 are Health (167 degrees awarded), Engineering Technologies (4 degrees), Business (6 degrees), Computer and Information Sciences and Support Services (1 degrees), and Liberal Arts & Humanities (2 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Pennsylvania Institute of Technology are Surgeons, Cardiovascular technologists and technicians, Skincare specialists, Broadcast announcers and radio disc jockeys, and Physicians

The most specialized majors at Pennsylvania Institute of Technology are Health (167 degrees awarded), Engineering Technologies (4 degrees), Business (6 degrees), Computer and Information Sciences and Support Services (1 degrees), and Liberal Arts & Humanities (2 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Pennsylvania Institute of Technology are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,855,406 people), Computer Systems Design (1,098,760 people), Elementary & secondary schools (827,005 people), Colleges, universities & professional schools, including junior colleges (558,487 people), and Banking & related activities (552,729 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Pennsylvania Institute of Technology.

Other Practical Nursing, Vocational Nursing, & Nursing Assistants

Most Common (2022)

111 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Pennsylvania Institute of Technology was Other Practical Nursing, Vocational Nursing, & Nursing Assistants with 111 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

157

Degrees Awarded to Women

in 2022

In 2022, 23 degrees were awarded to men at Pennsylvania Institute of Technology, which is 0.146 times less than the number of degrees awarded to females (157).

This chart displays the sex disparity between the top 5 majors at Pennsylvania Institute of Technology by degrees awarded.

Most Common Male Majors

In 2022, 5 degrees were awarded to men at Pennsylvania Institute of Technology in Physical Therapy Technician, which is 0.625 times less than the 8 female recipients with that same degree.

Most Common Female Majors

In 2022, 113 degrees were awarded to men at Pennsylvania Institute of Technology in Other Practical Nursing, Vocational Nursing, & Nursing Assistants, which is 37.7 times more than the 3 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Pennsylvania Institute of Technology is Male and Black or African American (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (73.2%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

Black or African American
121 degrees awarded
White
25 degrees awarded
Hispanic or Latino
5 degrees awarded

The most common race/ethnicity at Pennsylvania Institute of Technology is black or african american (121 degrees awarded). There were 4.84 times more black or african american recipients than the next closest race/ethnicity group, white (25 degrees).

11.7% of degree recipients (21 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Black or African American Female
112 degrees awarded
White Female
18 degrees awarded
Black or African American Male
9 degrees awarded

The most common race/ethnicity and sex grouping at Pennsylvania Institute of Technology is black or african american female (112 degrees awarded). There were 6.22 times more black or african american female recipients than the next closest race/ethnicity group, white female (18 degrees).

Operations

Pennsylvania Institute of Technology has an endowment valued at nearly $1.98M, as of the end of the 2022 fiscal year. The return on its endowment was of 10.9k (0.551%) compared to the 0.843% average return (43.9k on 5.21M) across all Associates Colleges.

In 2022, Pennsylvania Institute of Technology had a total salary expenditure of 9.74M. Pennsylvania Institute of Technology employs 17 Instructors. Most academics at Pennsylvania Institute of Technology are Female Instructor (11), and Male Instructor (6).

The most common positions for non-instructional staff at Pennsylvania Institute of Technology are: Office and Administrative Support, with 24 employees, Management, with 7 employees, and Service with 3 employees.

Endowment

$1.98M

2022 Endowment

Pennsylvania Institute of Technology has an endowment valued at about $1.98M, as of the end of the 2022 fiscal year. The endowment of Pennsylvania Institute of Technology grew 0% from the previous year. The value of their endowment was $3.24M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Pennsylvania 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 Associates Colleges: High Career & Technical-High Nontraditional Carnegie Classification grouping.

Salary Expenditure

$5.26M

2022 Salaries

23.8%

growth from 2021

In 2022, Pennsylvania Institute of Technology paid a median of $5.26M in salaries, which represents 54% of their overall expenditure ($9.74M) and a 23.8% growth from the previous year. This is compared to a 1.37% growth between 2020 and 2021, and a 1.2% decline between 2019 and 2020.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$1.43M

Instructional Salaries

Number of Employees

In 2022, Pennsylvania Institute of Technology paid a total of $1.43M to 17 employees working as instructors, which represents 27.1% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

17 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

24 Employees

In 2022, the most common positions for instructional staff at Pennsylvania Institute of Technology was Instructor with 17 employees.

In 2022, the most common positions for non-instructional staff at Pennsylvania Institute of Technology were Office and Administrative Support with 24 employees, Management with 7 employees, and Service with 3 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Instructor
Male Instructor

In 2022, the most common demographic for instructional staff at Pennsylvania Institute of Technology was Female Instructor with 11 employees, and Male Instructor with 6 employees.

This chart shows the sex split between each academic rank present at Pennsylvania Institute of Technology.

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