Ridley-Lowell Business & Technical Institute

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2017 Average Net Price
$22,053
After Financial Aid
2014 Default Rate
14%
on Student Loans
2017 Enrolled Students
72
100% Full-Time

About

Ridley-Lowell Business & Technical Institute is a higher education institution located in Kent County, RI. In 2017, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Ridley-Lowell Business & Technical Institute were Medical Assistant (22 degrees awarded), Medical Insurance Specialist (15 degrees), and Massage Therapy (15 degrees).

In 2017, 65 degrees were awarded across all undergraduate and graduate programs at Ridley-Lowell Business & Technical Institute. 87.7% of these degrees were awarded to women, and 12.3% awarded men. The most common race/ethnicity group of degree recipients was white (49 degrees), 7 times more than then the next closest race/ethnicity group, black or african american (7 degrees).

In 2014 the default rate for borrower's at Ridley-Lowell Business & Technical Institute was 14%, corresponding to 95 out of the 677 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $22,053.

In 2017, 64% of undergraduate students attending Ridley-Lowell Business & Technical Institute received financial aid through grants. Comparatively, 70% of undergraduate students received financial aid through loans.

Average Net Price

$22,053
2017 Value
5.57%
1 Year Growth

In 2017 Ridley-Lowell Business & Technical Institute had an average net price — the price paid after factoring in grants and loans — of $22,053. Between 2016 and 2017, the average net price of Ridley-Lowell Business & Technical Institute grew by 5.57%.

This chart compares the average net price of Ridley-Lowell Business & 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

64%
Undergraduates Receiving Financial Aid through Grants
70%
Undergraduates Receiving Financial Aid through Loans

64% of undergraduate students at Ridley-Lowell Business & Technical Institute received financial aid through grants or loans in 2017. This represents a decline of 23.8% with respect to 2016, when 84% of undergraduate students received financial aid.

This chart compares the average award discount at Ridley-Lowell Business & 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.
14%
2014 Default Rate
95
Number of Defaults

In 2014 the default rate for borrower's at Ridley-Lowell Business & Technical Institute was 14%, which represents 95 out of the 677 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

Ridley-Lowell Business & Technical Institute had a total enrollment of 72 students in 2017. The full-time enrollment at Ridley-Lowell Business & Technical Institute is 72 students and the part-time enrollment is 0. This means that 100% of students enrolled at Ridley-Lowell Business & Technical Institute are enrolled full-time.

The enrolled student population at Ridley-Lowell Business & Technical Institute, both undergraduate and graduate, is 72.2% White, 15.3% Hispanic or Latino, 6.94% Black or African American, and 1.39% Two or More Races.

Students enrolled at Ridley-Lowell Business & Technical Institute in full-time Undergraduate programs are most commonly White Female (69.4%), followed by Hispanic or Latino Female (15.3%) and Black or African American Female (6.94%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Ridley-Lowell Business & Technical Institute in 2017, both undergraduate and graduate, is 72 students. The full-time enrollment at Ridley-Lowell Business & Technical Institute is 72 and the part-time enrollment is 0.

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

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Retention Rate over Time

65%
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 Ridley-Lowell Business & Technical Institute was 65%.

This chart shows the retention rate over time at Ridley-Lowell Business & Technical Institute (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2017)
  1. White
    52 enrolled students
  2. Hispanic or Latino
    11 enrolled students
  3. Black or African American
    5 enrolled students

The enrolled student population at Ridley-Lowell Business & Technical Institute is 72.2% White, 15.3% Hispanic or Latino, 6.94% Black or African American, and 1.39% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2017, 49 more women than men received degrees from Ridley-Lowell Business & Technical Institute. The most common race/ethnicity group of degree recipients at Ridley-Lowell Business & Technical Institute is white (49 degrees awarded). There were 7 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Ridley-Lowell Business & Technical Institute is Medical Assistant (22 degrees awarded), followed by Medical Insurance Specialist (15 degrees) and Massage Therapy (15 degrees).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Ridley-Lowell Business & Technical Institute.
Most Common (2017)
  1. 22 degrees awarded
  2. 15 degrees awarded
  3. 15 degrees awarded

In 2017, the most common 1 to 2 year postsecondary certificate concentration at Ridley-Lowell Business & Technical Institute was Medical Assistant with 22 degrees awarded.

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

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Sex Breakdown for Common Majors

8
Degrees Awarded to Men
in 2017
57
Degrees Awarded to Women
in 2017

In 2017, 8 degrees were awarded to men at Ridley-Lowell Business & Technical Institute, which is 0.14 times less than the number of degrees awarded to females (57).

This chart displays the sex disparity between the top 5 majors at Ridley-Lowell Business & Technical Institute by degrees awarded.

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Most Common Male Majors

In 2017, 5 degrees were awarded to men at Ridley-Lowell Business & Technical Institute in Information Technology. There were no female recipients with the same degree.

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Most Common Female Majors

In 2017, 22 degrees were awarded to women at Ridley-Lowell Business & Technical Institute in Medical Assistant. There were no male recipients with the same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2017)
  1. White
    49 degrees awarded
  2. Black or African American
    7 degrees awarded
  3. Hispanic or Latino
    7 degrees awarded

The most common race/ethnicity at Ridley-Lowell Business & Technical Institute is white (49 degrees awarded). There were 7 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

3.08% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2017)
  1. White Female
    45 degrees awarded
  2. Hispanic or Latino Female
    7 degrees awarded
  3. Black or African American Male
    4 degrees awarded

The most common race/ethnicity and sex grouping at Ridley-Lowell Business & Technical Institute is white female (45 degrees awarded). There were 6.43 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (7 degrees).

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Operations

Salary Expenditure

$452k
2017 Salaries
3.84%
growth from 2016

In 2017, Ridley-Lowell Business & Technical Institute paid a median of $452k in salaries, a 3.84% growth from the previous year. This is compared to a 10.9% decline between 2015 and 2016, and a 224% growth between 2014 and 2015.

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

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