SOLEX Medical Academy

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2019 Student Loan
4.56%
Default Rate
2014 Enrolled Students
11
100% Full-Time

About

SOLEX Medical Academy is a higher education institution located in Cook County, IL. In 2015, the most popular < 1 Year Postsecondary Certificate concentrations at SOLEX Medical Academy were Massage Therapy (11 degrees awarded).

In 2015, 11 degrees were awarded across all undergraduate and graduate programs at SOLEX Medical Academy. 72.7% of these degrees were awarded to women, and 27.3% awarded men.

dollarCosts

In 2015, 45% of undergraduate students attending SOLEX Medical Academy received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Average Net Price

100%
1 Year Growth

This chart compares the average net price of SOLEX Medical Academy (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

45%
Undergraduates Receiving Financial Aid through Grants
45%
Undergraduates Receiving Financial Aid through Loans

45% of undergraduate students at SOLEX Medical Academy received financial aid through grants or loans in 2015. This represents a decline of 29.7% with respect to 2014, when 64% of undergraduate students received financial aid.

This chart compares the average award discount at SOLEX Medical Academy (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.
4.56%
2019 Default Rate
86
Number of Defaults

In 2019 the default rate for borrower's at SOLEX Medical Academy was 4.56%, which represents 86 out of the 1884 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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bookEnrollment

SOLEX Medical Academy had a total enrollment of 11 students in 2014. The full-time enrollment at SOLEX Medical Academy is 11 students and the part-time enrollment is 0. This means that 100% of students enrolled at SOLEX Medical Academy are enrolled full-time.

The enrolled student population at SOLEX Medical Academy, both undergraduate and graduate, is 63.6% White and 36.4% Hispanic or Latino.

Students enrolled at SOLEX Medical Academy in full-time Undergraduate programs are most commonly White Female (45.5%), followed by Hispanic or Latino Female (27.3%) and White Male (18.2%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at SOLEX Medical Academy in 2014, both undergraduate and graduate, is 11 students. The full-time enrollment at SOLEX Medical Academy is 11 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at SOLEX Medical Academy (in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2014)
  1. White
    7 enrolled students
  2. Hispanic or Latino
    4 enrolled students

The enrolled student population at SOLEX Medical Academy is 63.6% White and 36.4% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

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learningGraduates

In 2015, 5 more women than men received degrees from SOLEX Medical Academy.

The most common < 1 Year Postsecondary Certificate concentration at SOLEX Medical Academy is Massage Therapy (11 degrees awarded).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at SOLEX Medical Academy are Elementary & middle school teachers (2,731,503 people), Other managers (2,146,940 people), Registered nurses (1,770,878 people), Accountants & auditors (1,376,162 people), and Software developers (1,312,199 people).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at SOLEX Medical Academy are Surgeons, Podiatrists, Cardiovascular technologists and technicians, Physicians, and Media and communication workers, all other

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at SOLEX Medical Academy are Elementary & secondary schools (5,483,119 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,202,014 people), Colleges, universities & professional schools, including junior colleges (2,391,445 people), Computer Systems Design (2,185,689 people), and Construction (1,229,470 people).

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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 SOLEX Medical Academy.
Most Common (2015)
11 degree-majors awarded

In 2015, the most common < 1 year postsecondary certificate concentration at SOLEX Medical Academy was Massage Therapy with 11 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from < 1 year postsecondary certificate programs at SOLEX Medical Academy according to their major.

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Sex Breakdown for Common Majors

3
Degrees Awarded to Men
in 2015
8
Degrees Awarded to Women
in 2015

In 2015, 3 degrees were awarded to men at SOLEX Medical Academy, which is 0.375 times less than the number of degrees awarded to females (8).

This chart displays the sex disparity between the top 5 majors at SOLEX Medical Academy by degrees awarded.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2015)
  1. White Female
    6 degrees awarded
  2. Hispanic or Latino Female
    2 degrees awarded
  3. White Male
    2 degrees awarded

The most common race/ethnicity and sex grouping at SOLEX Medical Academy is white female (6 degrees awarded). There were 3 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (2 degrees).

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Salary Expenditure

$39.5k
2016 Salaries
46.8%
decline from 2015

In 2016, SOLEX Medical Academy paid a median of $39.5k in salaries, a 46.8% decline from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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