Ridley-Lowell Business & Technical Institute-New London

www.ridley.edu

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    2017 Average Net Price
    $17,673
    After Financial Aid
    2014 Default Rate
    14%
    on Student Loans
    2017 Acceptance Rate
    94.3%
    106 Applicants
    2017 Enrolled Students
    185
    100% Full-Time

    About

    Ridley-Lowell Business & Technical Institute-New London is a higher education institution located in New London County, CT. In 2017, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Ridley-Lowell Business & Technical Institute-New London were Medical Assistant (39 degrees awarded), Other Electrical Maintenance & Repair Technology (16 degrees), and Dental Assisting (11 degrees).

    In 2017, 96 degrees were awarded across all undergraduate and graduate programs at Ridley-Lowell Business & Technical Institute-New London. 74% of these degrees were awarded to women, and 26% awarded men. The most common race/ethnicity group of degree recipients was white (41 degrees), 1.52 times more than then the next closest race/ethnicity group, hispanic or latino (27 degrees).

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

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

    Costs

    After taking grants and loans into account, the average net price for students is $17,673.

    In 2017, 63% of undergraduate students attending Ridley-Lowell Business & Technical Institute-New London received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

    Average Net Price

    $17,673
    2017 Value
    0.518%
    1 Year Growth

    In 2017 Ridley-Lowell Business & Technical Institute-New London had an average net price — the price paid after factoring in grants and loans — of $17,673. Between 2016 and 2017, the average net price of Ridley-Lowell Business & Technical Institute-New London grew by 0.518%.

    This chart compares the average net price of Ridley-Lowell Business & Technical Institute-New London (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

    63%
    Undergraduates Receiving Financial Aid through Grants
    53%
    Undergraduates Receiving Financial Aid through Loans

    63% of undergraduate students at Ridley-Lowell Business & Technical Institute-New London received financial aid through grants or loans in 2017. This represents a growth of 43.2% with respect to 2016, when 44% of undergraduate students received financial aid.

    This chart compares the average award discount at Ridley-Lowell Business & Technical Institute-New London (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-New London 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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    Admissions

    Ridley-Lowell Business & Technical Institute-New London received 106 undergraduate applications in 2017.

    There were 185 students enrolled at Ridley-Lowell Business & Technical Institute-New London in 2017.

    Ridley-Lowell Business & Technical Institute-New London has an overall enrollment yield of 70%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    94.3%
    Acceptance Rate in 2017
    100
    Accepted Out of 106

    This chart compares the acceptance rate of Ridley-Lowell Business & Technical Institute-New London (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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    Enrollment

    Ridley-Lowell Business & Technical Institute-New London had a total enrollment of 185 students in 2017. The full-time enrollment at Ridley-Lowell Business & Technical Institute-New London is 185 students and the part-time enrollment is 0. This means that 100% of students enrolled at Ridley-Lowell Business & Technical Institute-New London are enrolled full-time.

    The enrolled student population at Ridley-Lowell Business & Technical Institute-New London, both undergraduate and graduate, is 44.3% White, 24.9% Hispanic or Latino, 21.1% Black or African American, 6.49% Two or More Races, 0.541% Native Hawaiian or Other Pacific Islanders, and 0.541% Asian.

    Students enrolled at Ridley-Lowell Business & Technical Institute-New London in full-time Undergraduate programs are most commonly White Female (41.1%), followed by Hispanic or Latino Female (17.6%) and Black or African American Female (14.4%).

    Full-Time vs Part-Time Enrollment

    100%
    Full-Time Enrollment

    The total enrollment at Ridley-Lowell Business & Technical Institute-New London in 2017, both undergraduate and graduate, is 185 students. The full-time enrollment at Ridley-Lowell Business & Technical Institute-New London is 185 and the part-time enrollment is 0.

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

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    Retention Rate over Time

    80%
    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-New London was 80%.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2017)
    1. White
      82 enrolled students
    2. Hispanic or Latino
      46 enrolled students
    3. Black or African American
      39 enrolled students

    The enrolled student population at Ridley-Lowell Business & Technical Institute-New London is 44.3% White, 24.9% Hispanic or Latino, 21.1% Black or African American, 6.49% Two or More Races, 0.541% Native Hawaiian or Other Pacific Islanders, and 0.541% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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    Graduates

    In 2017, 46 more women than men received degrees from Ridley-Lowell Business & Technical Institute-New London. The most common race/ethnicity group of degree recipients at Ridley-Lowell Business & Technical Institute-New London is white (41 degrees awarded). There were 1.52 times more white recipients than the next closest race/ethnicity group, hispanic or latino (27 degrees).

    The most common 1 to 2 Year Postsecondary Certificate concentration at Ridley-Lowell Business & Technical Institute-New London is Medical Assistant (39 degrees awarded), followed by Other Electrical Maintenance & Repair Technology (16 degrees) and Dental Assisting (11 degrees).

    In 2017,  the most specialized majors across all degree types at Ridley-Lowell Business & Technical Institute-New London, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Mechanical Technologies (16 degrees awarded), Health (65 degrees), and Computer and Information Sciences and Support Services (9 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 Ridley-Lowell Business & Technical Institute-New London are Registered nurses (1,499,923 people), Software developers (631,215 people), Other managers (181,722 people), Medical & health services managers (167,238 people), and Nurse practitioners & nurse midwives (166,638 people).

    The most specialized majors at Ridley-Lowell Business & Technical Institute-New London in 2017 are Mechanical Technologies (16 degrees awarded), Health (65 degrees), Computer and Information Sciences and Support Services (9 degrees), and Personal & Culinary Services (6 degrees) (as of 2017).

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    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 Ridley-Lowell Business & Technical Institute-New London are Surgeons, Cardiovascular technologists and technicians, Chief executives & legislators, Magnetic resonance imaging technologists, and Dentists

    The most specialized majors at Ridley-Lowell Business & Technical Institute-New London are Mechanical Technologies (16 degrees awarded), Health (65 degrees), Computer and Information Sciences and Support Services (9 degrees), and Personal & Culinary Services (6 degrees) (as of 2017).

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    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 Ridley-Lowell Business & Technical Institute-New London are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,652,744 people), Computer Systems Design (642,610 people), Elementary & secondary schools (311,417 people), Outpatient care centers (289,347 people), and Colleges, universities & professional schools, including junior colleges (227,114 people).

    The most specialized majors at Ridley-Lowell Business & Technical Institute-New London are Mechanical Technologies (16 degrees awarded), Health (65 degrees), Computer and Information Sciences and Support Services (9 degrees), and Personal & Culinary Services (6 degrees) (as of 2017).

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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 Ridley-Lowell Business & Technical Institute-New London.
    Most Common (2017)
    1. Medical Assistant
      39 degrees awarded
    2. Other Electrical Maintenance & Repair Technology
      16 degrees awarded
    3. Dental Assisting
      11 degrees awarded

    In 2017, the most common 1 to 2 year postsecondary certificate concentration at Ridley-Lowell Business & Technical Institute-New London was Medical Assistant with 39 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-New London according to their major.

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    Sex Breakdown for Common Majors

    25
    Degrees Awarded to Men
    in 2017
    71
    Degrees Awarded to Women
    in 2017

    In 2017, 25 degrees were awarded to men at Ridley-Lowell Business & Technical Institute-New London, which is 0.352 times less than the number of degrees awarded to females (71).

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

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    Most Common Male Majors

    In 2017, 15 degrees were awarded to men at Ridley-Lowell Business & Technical Institute-New London in Other Electrical Maintenance & Repair Technology, which is 15 times more than the 1 female recipients with that same degree.

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    Most Common Female Majors

    In 2017, 38 degrees were awarded to men at Ridley-Lowell Business & Technical Institute-New London in Medical Assistant, which is 38 times more than the 1 male recipients with that same degree.

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    Time to Complete

    65%
    100% Completion Time
    65%
    150% Completion Time

    In 2017, 65% of students graduating from Ridley-Lowell Business & Technical Institute-New London completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 74% 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 (2017)
    1. White
      41 degrees awarded
    2. Hispanic or Latino
      27 degrees awarded
    3. Black or African American
      17 degrees awarded

    The most common race/ethnicity at Ridley-Lowell Business & Technical Institute-New London is white (41 degrees awarded). There were 1.52 times more white recipients than the next closest race/ethnicity group, hispanic or latino (27 degrees).

    2.08% 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
      107 degrees awarded
    2. White Female
      75 degrees awarded
    3. White Female
      72 degrees awarded

    The most common race/ethnicity and sex grouping at Ridley-Lowell Business & Technical Institute-New London is white female (107 degrees awarded). There were 1.43 times more white female recipients than the next closest race/ethnicity group, white female (75 degrees).

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