Rolla Technical Institute/Center

rolla.k12.mo.us

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2021 Average Net Price

$8,788

After Financial Aid

2018 Default Rate

9.33%

on Student Loans

2021 Acceptance Rate

75%

60 Applicants

2021 Enrolled Students

100% Full-Time

About

Rolla Technical Institute/Center is a higher education institution located in Phelps County, MO. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Rolla Technical Institute/Center were Licensed Practical & Vocational Nurse Training (20 degrees awarded), Surgical Technologist (11 degrees), and General Computer & Information Sciences (3 degrees).

In 2021, 55 degrees were awarded across all undergraduate and graduate programs at Rolla Technical Institute/Center. 74.5% of these degrees were awarded to women, and 25.5% awarded men. The most common race/ethnicity group of degree recipients was white (51 degrees), 17 times more than then the next closest race/ethnicity group, hispanic or latino (3 degrees).

In 2018 the default rate for borrower's at Rolla Technical Institute/Center was 9.33%, corresponding to 7 out of the 75 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 $8,788.

In 2021, 71% of undergraduate students attending Rolla Technical Institute/Center received financial aid through grants. Comparatively, 52% of undergraduate students received financial aid through loans.

Average Net Price

$8,788

2021 Value

13.3%

1 Year Growth

In 2021 Rolla Technical Institute/Center had an average net price — the price paid after factoring in grants and loans — of $8,788. Between 2020 and 2021, the average net price of Rolla Technical Institute/Center grew by 13.3%.

This chart compares the average net price of Rolla Technical Institute/Center (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 by Income Level

71%

Undergraduates Receiving Financial Aid through Grants

52%

Undergraduates Receiving Financial Aid through Loans

71% of undergraduate students at Rolla Technical Institute/Center received financial aid through grants or loans in 2021. This represents a decline of 22% with respect to 2020, when 91% of undergraduate students received financial aid.

This chart compares the average award discount at Rolla Technical Institute/Center (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.

9.33%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Rolla Technical Institute/Center was 9.33%, which represents 7 out of the 75 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.

Admissions

Rolla Technical Institute/Center received 60 undergraduate applications in 2021, which represents a 62.2% annual growth. Out of those 60 applicants, 45 students were accepted for enrollment, representing a 75% acceptance rate.

There were 46 students enrolled at Rolla Technical Institute/Center in 2021.

Rolla Technical Institute/Center has an overall enrollment yield of 44.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75%

Acceptance Rate in 2021

Accepted Out of 60

In 2021, the undergraduate acceptance rate of Rolla Technical Institute/Center was 75% (45 admissions from 60 applications). This is higher than the acceptance rate of 2020, which was 73%. Between 2020 and 2021, the number of applicants grew by 62.2%, while admissions grew by 66.7%.

This chart compares the acceptance rate of Rolla Technical Institute/Center (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Rolla Technical Institute/Center had a total enrollment of 46 students in 2021. The full-time enrollment at Rolla Technical Institute/Center is 46 students and the part-time enrollment is 0. This means that 100% of students enrolled at Rolla Technical Institute/Center are enrolled full-time.

The enrolled student population at Rolla Technical Institute/Center, both undergraduate and graduate, is 82.6% White, 10.9% Two or More Races, 4.35% Black or African American, and 2.17% Asian.

Students enrolled at Rolla Technical Institute/Center in full-time Undergraduate programs are most commonly White Female (50%), followed by White Male (32.6%) and Two or More Races Female (6.52%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Rolla Technical Institute/Center in 2021, both undergraduate and graduate, is 46 students. The full-time enrollment at Rolla Technical Institute/Center is 46 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Rolla Technical Institute/Center (in red) compares to similar universities.

Retention Rate over Time

75%

2021 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 Rolla Technical Institute/Center was 75%.

This chart shows the retention rate over time at Rolla Technical Institute/Center (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
38 enrolled students
Two or More Races
5 enrolled students
Black or African American
2 enrolled students

The enrolled student population at Rolla Technical Institute/Center is 82.6% White, 10.9% Two or More Races, 4.35% Black or African American, and 2.17% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2021, 27 more women than men received degrees from Rolla Technical Institute/Center. The most common race/ethnicity group of degree recipients at Rolla Technical Institute/Center is white (51 degrees awarded). There were 17 times more white recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Rolla Technical Institute/Center is Licensed Practical & Vocational Nurse Training (20 degrees awarded), followed by Surgical Technologist (11 degrees) and General Computer & Information Sciences (3 degrees).

In 2021, the most specialized majors across all degree types at Rolla Technical Institute/Center, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (5 degrees awarded), Mechanical Technologies (6 degrees), and Health (41 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Rolla Technical Institute/Center are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Rolla Technical Institute/Center in 2021 are Communication Technologies (5 degrees awarded), Mechanical Technologies (6 degrees), Health (41 degrees), Computer and Information Sciences and Support Services (3 degrees), and Protective Services (0 degrees) (as of 2021).

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 Rolla Technical Institute/Center are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Rolla Technical Institute/Center are Communication Technologies (5 degrees awarded), Mechanical Technologies (6 degrees), Health (41 degrees), Computer and Information Sciences and Support Services (3 degrees), and Protective Services (0 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Rolla Technical Institute/Center are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Rolla Technical Institute/Center.

Most Common (2021)

Licensed Practical & Vocational Nurse Training
20 degrees awarded
Surgical Technologist
11 degrees awarded
General Computer & Information Sciences
3 degrees awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Rolla Technical Institute/Center was Licensed Practical & Vocational Nurse Training with 20 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 14 degrees were awarded to men at Rolla Technical Institute/Center, which is 0.341 times less than the number of degrees awarded to females (41).

This chart displays the sex disparity between the top 5 majors at Rolla Technical Institute/Center by degrees awarded.

Most Common Male Majors

In 2021, 3 degrees were awarded to men at Rolla Technical Institute/Center in General Production Graphic & Printing Equipment Operator, which is 1.5 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2021, 18 degrees were awarded to men at Rolla Technical Institute/Center in Licensed Practical & Vocational Nurse Training, which is 9 times more than the 2 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Rolla Technical Institute/Center is Female and Black or African American (100% graduation rate). Across all , 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 (2021)

White
51 degrees awarded
Hispanic or Latino
3 degrees awarded

The most common race/ethnicity at Rolla Technical Institute/Center is white (51 degrees awarded). There were 17 times more white recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
38 degrees awarded
White Male
13 degrees awarded
Hispanic or Latino Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Rolla Technical Institute/Center is white female (38 degrees awarded). There were 2.92 times more white female recipients than the next closest race/ethnicity group, white male (13 degrees).

Operations

Salary Expenditure

$742k

2021 Salaries

14.6%

decline from 2020

In 2021, Rolla Technical Institute/Center paid a median of $742k in salaries, a 14.6% decline from the previous year. This is compared to a 2.22% growth between 2019 and 2020, and a 11.7% decline between 2018 and 2019.

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

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