Precision Manufacturing Institute

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2017 Undergraduate Tuition

$15,532

NaNk% growth from N/A

2017 Average Net Price

$15,092

After Financial Aid

2016 Student Loan

25%

Default Rate

2017 Enrolled Students

34

100% Full-Time

About

Costs

Enrollment

Graduates

Operations

About

Precision Manufacturing Institute is a higher education institution located in Crawford County, PA. In 2016, the most popular Bachelor's Degree concentrations at Precision Manufacturing Institute were .

In 2017, 79 degrees were awarded across all undergraduate and graduate programs at Precision Manufacturing Institute. 3.8% of these degrees were awarded to women, and 96.2% awarded men. The majority of degree recipients were white (75 degrees), 75 times more than then the next closest race/ethnicity group, black or african american (1 degrees).

The median undergraduate tuition at Precision Manufacturing Institute is $15,532, which is $3,795 more than the national average for ($11,738).

Photo by Alex Proimos

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

Costs

The median undergraduate tuition at Precision Manufacturing Institute is $15,532, which is $3,795 more than the national average for ($11,738).

After taking grants and loans into account, the average net price for students is $15,092.

In 2017, 91% of undergraduate students received federal grants, while 40% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$15,532

2017 Undergraduate Tuition

In 2017, the cost of tuition at Precision Manufacturing Institute was $15,532. The cost of tuition at Precision Manufacturing Institute is $3,795 more than than the overall (public and private) national average for ($11,738).

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Average Net Price

$15,092

2017 Value

10.5%

1 Year Growth

In 2017 Precision Manufacturing Institute had an average net price — the price paid after factoring in grants and loans — of $15,092. Between 2016 and 2017, the average net price of Precision Manufacturing Institute grew by 10.5%.

This chart compares the average net price of Precision Manufacturing 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

91%

Of Undergraduates Receive Grants

40%

Of Undergraduates Receive Federal Loans

91% of undergraduate students at Precision Manufacturing Institute received grants or loans in 2017. This represents a growth of 12.3% with respect to 2016, when 81% of undergraduate students received financial aid.

This chart compares the average award discount at Precision Manufacturing 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.

25%

2016 Default Rate

9

Number of Defaults

In 2016 the default rate for borrower's at Precision Manufacturing Institute was 25%, which represents 9 out of the 36 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

Precision Manufacturing Institute has a total enrollment of 34 students. The full-time enrollment at Precision Manufacturing Institute is 34 students and the part-time enrollment is 0. This means that 100% of students enrolled at Precision Manufacturing Institute are enrolled full-time.

The enrolled student population at Precision Manufacturing Institute, both undergraduate and graduate, is 97.1% White, 2.94% Two or More Races, 0% Asian, 0% Black or African American, 0% Native Hawaiian or Other Pacific Islanders, 0% Hispanic or Latino, and 0% American Indian or Alaska Native.

Students enrolled at Precision Manufacturing Institute in full-time Undergraduate programs are majority White Male (91.2%), followed by White Female (5.88%) and Two or More Races Male (2.94%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Precision Manufacturing Institute, both undergraduate and graduate, is 34 students. The full-time enrollment at Precision Manufacturing Institute is 34 and the part-time enrollment is 0. This means that 100% of students enrolled at Precision Manufacturing Institute are enrolled full-time compared with 74.1% at similar .

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

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Retention Rate over Time

90%

2017 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 Precision Manufacturing Institute was 90%. Compared with the full-time retention rate at similar (77%), Precision Manufacturing Institute had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    33

  2. Two or More Races

    1

  3. Asian

    0

The enrolled student population at Precision Manufacturing Institute is 97.1% White, 2.94% Two or More Races, 0% Asian, 0% Black or African American, 0% Native Hawaiian or Other Pacific Islanders, 0% Hispanic or Latino, and 0% 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 is 41.5% White, 26.6% Hispanic or Latino, and 19.2% Black or African American.

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Graduates

In 2017, 73 fewer women than men received degrees from Precision Manufacturing Institute. The majority of degree recipients at Precision Manufacturing Institute are white (75 degrees awarded). There were 75 times more white graduates than the next closest race/ethnicity group, black or african american (1 degrees).

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

The most specialized majors across all degree types at Precision Manufacturing Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (48 degrees awarded) and Engineering Technologies (31 degrees).

Workforce

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Precision Manufacturing Institute are Other managers (28,083 people), Software developers (20,295 people), Miscellaneous engineers, including nuclear engineers (15,047 people), Industrial engineers, including health & safety (10,906 people), and Mechanical engineers (10,624 people).

The most specialized majors at Precision Manufacturing Institute are Precision Production (48 degrees awarded) and Engineering Technologies (31 degrees).

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Highest Paying Jobs by Major

Physicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Precision Manufacturing Institute are Physicians, Marketing managers, Information security analysts, Aircraft pilots & flight engineers, and Chief executives & legislators

The most specialized majors at Precision Manufacturing Institute are Precision Production (48 degrees awarded) and Engineering Technologies (31 degrees).

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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 Precision Manufacturing Institute are Computer Systems Design (39,526 people), Construction (21,678 people), Architectural, engineering & related services (16,158 people), Motor vehicles & motor vehicle equipment manufacturing (13,928 people), and Elementary & secondary schools (12,157 people).

The most specialized majors at Precision Manufacturing Institute are Precision Production (48 degrees awarded) and Engineering Technologies (31 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 Precision Manufacturing Institute.

Most Common

  1. N/A

    N/A degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In false, the most common bachelors degree concentration at Precision Manufacturing Institute was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Precision Manufacturing Institute according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 76

  2. 3

In 2017, 76 degrees were awarded to men at Precision Manufacturing Institute, which is 25.3 times more than the number of degrees awarded to females (3).

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

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Most Common Male Majors

In false, 33 degrees were awarded to men at Precision Manufacturing Institute in Computer Numerically Controlled (CNC) Machinist Technology, which is N/A times more than the 0 female recipients with that same degree.

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Most Common Female Majors

In false, 2 degrees were awarded to women at Precision Manufacturing Institute in Other Electromechanical, Instrumentation, & Maintenance Technology, which is 0.069 times less than the 29 male recipients with that same degree.

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Time to Complete

88%

100% Completion Time

88%

150% Completion Time

In 2017, 88% of students graduating from Precision Manufacturing Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 88% completed their degrees within 150% of the normal time, and 88% 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.

N/A

Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Precision Manufacturing Institute is N/A and N/A (N/A% graduation rate). Across all , Asian Female students have the highest graduation rate (68.1%).

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, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    75 degrees awarded

  2. Black or African American

    1 degrees awarded

  3. Hispanic or Latino

    1 degrees awarded

The most common race/ethnicity at Precision Manufacturing Institute is white (75 degrees awarded). There were 75 times more white recipients than the next closest race/ethnicity group, black or african american (1 degrees).

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

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    72 degrees awarded

  2. White Female

    3 degrees awarded

  3. Black or African American Male

    1 degrees awarded

The most common race/ethnicity and gender grouping at Precision Manufacturing Institute is white male (72 degrees awarded). There were 24 times more white male recipients than the next closest race/ethnicity group, white female (3 degrees).

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Operations

Precision Manufacturing Institute has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $19 (N/A%), compared to the 0.0457% average return ($6.76k on $14.8M) across all .

In 2017, Precision Manufacturing Institute had a total salary expenditure of $N/A. Precision Manufacturing Institute employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Precision Manufacturing Institute are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Precision Manufacturing 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

2017 Endowment

0%

growth from 2016

Precision Manufacturing Institute has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Precision Manufacturing Institute stayed 0% from the previous year. The value of their endowment was $N/A approximately the same as than the median endowment of according to the Carnegie Classification grouping.

This line chart shows how the endowment at Precision Manufacturing 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. $96.1k - Federal

  2. $90.4k - State

  3. $0 - Local

As of 2017, Precision Manufacturing Institute received $96.1k in grants and contracts from the federal government, $90.4k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$738k

2017 Salaries

4.37%

growth from 2016

In 2017, Precision Manufacturing Institute paid a median of $738k in salaries, which represents N/A% of their overall expenditure ($N/A) and a 4.37% growth from the previous year. This is compared to a 2.47% decline from 2015 and a 27.7% growth from 2014.

The median for similar is 574k (13.1% of overall expenditures).

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Instructional Salaries

$N/A

Instructional Salaries

0

Number of Employees

In N/A, Precision Manufacturing 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 $296k (51.6%) for similar Not applicable, not in Carnegie universe (not accredited or nondegree-granting).

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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 Precision Manufacturing 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 Precision Manufacturing 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 Precision Manufacturing 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 Precision Manufacturing Institute.

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