Southern Careers Institute-Waco

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2022 Average Net Price
$18,552
After Financial Aid
2019 Default Rate
2.31%
on Student Loans
2022 Enrolled Students
263
100% Full-Time

About

Southern Careers Institute-Waco is a higher education institution located in McLennan County, TX. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Southern Careers Institute-Waco were Medical Assistant (86 degrees awarded) and Medical Insurance Coding Specialist (5 degrees).

In 2022, 152 degrees were awarded across all undergraduate and graduate programs at Southern Careers Institute-Waco. 58.6% of these degrees were awarded to women, and 41.4% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (62 degrees), 1.29 times more than then the next closest race/ethnicity group, white (48 degrees).

Costs

After taking grants and loans into account, the average net price for students is $18,552.

In 2022, 67% of undergraduate students attending Southern Careers Institute-Waco received financial aid through grants. Comparatively, 54% of undergraduate students received financial aid through loans.

Average Net Price

$18,552
2022 Value
7.62%
1 Year Growth

In 2022 Southern Careers Institute-Waco had an average net price — the price paid after factoring in grants and loans — of $18,552. Between 2021 and 2022, the average net price of Southern Careers Institute-Waco grew by 7.62%.

This chart compares the average net price of Southern Careers Institute-Waco (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

67%
Undergraduates Receiving Financial Aid through Grants
54%
Undergraduates Receiving Financial Aid through Loans

67% of undergraduate students at Southern Careers Institute-Waco received financial aid through grants or loans in 2022. This represents a decline of 15.2% with respect to 2021, when 79% of undergraduate students received financial aid.

This chart compares the average award discount at Southern Careers Institute-Waco (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.
2.31%
2019 Default Rate
74
Number of Defaults

In 2019 the default rate for borrower's at Southern Careers Institute-Waco was 2.31%, which represents 74 out of the 3199 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

Southern Careers Institute-Waco had a total enrollment of 263 students in 2022. The full-time enrollment at Southern Careers Institute-Waco is 263 students and the part-time enrollment is 0. This means that 100% of students enrolled at Southern Careers Institute-Waco are enrolled full-time.

The enrolled student population at Southern Careers Institute-Waco, both undergraduate and graduate, is 34.6% White, 33.5% Black or African American, 29.3% Hispanic or Latino, 0.76% Two or More Races, 0.76% American Indian or Alaska Native, 0.38% Asian, and 0.38% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Southern Careers Institute-Waco in full-time Undergraduate programs are most commonly Black or African American Female (27%), followed by White Female (25.5%) and Hispanic or Latino Female (22.8%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Southern Careers Institute-Waco in 2022, both undergraduate and graduate, is 263 students. The full-time enrollment at Southern Careers Institute-Waco is 263 and the part-time enrollment is 0.

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

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Retention Rate over Time

60%
2022 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 Southern Careers Institute-Waco was 60%. Compared with the full-time retention rate at similar (79%), Southern Careers Institute-Waco had a retention rate lower than its peers.

This chart shows the retention rate over time at Southern Careers Institute-Waco (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    91 enrolled students
  2. Black or African American
    88 enrolled students
  3. Hispanic or Latino
    77 enrolled students

The enrolled student population at Southern Careers Institute-Waco is 34.6% White, 33.5% Black or African American, 29.3% Hispanic or Latino, 0.76% Two or More Races, 0.76% American Indian or Alaska Native, 0.38% Asian, and 0.38% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

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Graduates

In 2022, 26 more women than men received degrees from Southern Careers Institute-Waco. The most common race/ethnicity group of degree recipients at Southern Careers Institute-Waco is hispanic or latino (62 degrees awarded). There were 1.29 times more hispanic or latino recipients than the next closest race/ethnicity group, white (48 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Southern Careers Institute-Waco is Medical Assistant (86 degrees awarded), followed by Medical Insurance Coding Specialist (5 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Southern Careers Institute-Waco are Registered nurses (1,395,243 people), Medical & health services managers (151,153 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,776 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 Southern Careers Institute-Waco are Surgeons, Chief executives & legislators, Physicians, Podiatrists, and Nurse anesthetists

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Southern Careers Institute-Waco are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,482,960 people), Outpatient care centers (237,835 people), Elementary & secondary schools (217,393 people), Offices of physicians (202,251 people), and Colleges, universities & professional schools, including junior colleges (131,615 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 Southern Careers Institute-Waco.
Most Common (2022)
  1. 86 degrees awarded
  2. 5 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Southern Careers Institute-Waco was Medical Assistant with 86 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Southern Careers Institute-Waco according to their major.

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Sex Breakdown for Common Majors

63
Degrees Awarded to Men
in 2022
89
Degrees Awarded to Women
in 2022

In 2022, 63 degrees were awarded to men at Southern Careers Institute-Waco, which is 0.708 times less than the number of degrees awarded to females (89).

This chart displays the sex disparity between the top 5 majors at Southern Careers Institute-Waco by degrees awarded.

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Most Common Male Majors

In 2022, 30 degrees were awarded to men at Southern Careers Institute-Waco in Electrician, which is 30 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2022, 79 degrees were awarded to men at Southern Careers Institute-Waco in Medical Assistant, which is 11.3 times more than the 7 male recipients with that same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. Hispanic or Latino
    62 degrees awarded
  2. White
    48 degrees awarded
  3. Black or African American
    36 degrees awarded

The most common race/ethnicity at Southern Careers Institute-Waco is hispanic or latino (62 degrees awarded). There were 1.29 times more hispanic or latino recipients than the next closest race/ethnicity group, white (48 degrees).

1.32% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Hispanic or Latino Female
    38 degrees awarded
  2. White Female
    27 degrees awarded
  3. Hispanic or Latino Male
    24 degrees awarded

The most common race/ethnicity and sex grouping at Southern Careers Institute-Waco is hispanic or latino female (38 degrees awarded). There were 1.41 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (27 degrees).

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Operations

Salary Expenditure

$2.13M
2022 Salaries
4.88%
growth from 2021

In 2022, Southern Careers Institute-Waco paid a median of $2.13M in salaries, a 4.88% growth from the previous year.

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

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