Wake Technical Community College

www.waketech.edu

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2022 Undergraduate Tuition

$2,432

2022 Average Net Price

$3,914

After Financial Aid

2020 Default Rate

0.0269%

on Student Loans

2022 Enrolled Students

21,551

31.5% Full-Time

2022 Graduation Rate

31.3%

624 Graduates

About

Wake Technical Community College is a higher education institution located in Wake County, NC. In 2022, the most popular Associates Degree concentrations at Wake Technical Community College were Liberal Arts & Sciences (1,429 degrees awarded), Information Technology (229 degrees), and General Business Administration & Management (176 degrees).

In 2022, 6,278 degrees were awarded across all undergraduate and graduate programs at Wake Technical Community College. 53.3% of these degrees were awarded to women, and 46.7% awarded men. The most common race/ethnicity group of degree recipients was white (3,323 degrees), 2.85 times more than then the next closest race/ethnicity group, black or african american (1,165 degrees).

The median undergraduate tuition at Wake Technical Community College is $2,432, which is $−5,680 less than the national average for Associates Colleges ($8,112).

In 2020 the default rate for borrower's at Wake Technical Community College was 0.0269%, corresponding to 1 out of the 3711 total borrowers.

Associates Colleges: High Transfer-Mixed Traditional/Nontraditional Associates Colleges

Costs

In 2022, the median undergraduate tuition at Wake Technical Community College is $2,432, which is $5,680 less than the national average for Associates Colleges ($8,112).

After taking grants and loans into account, the average net price for students is $3,914.

In 2022, 39% of undergraduate students attending Wake Technical Community College received financial aid through grants. Comparatively, 40% of undergraduate students received financial aid through loans.

Tuition Costs

$2,432

2022 Undergraduate Tuition

In 2022, the cost of tuition at Wake Technical Community College was $2,432. The cost of tuition at Wake Technical Community College is $−5,680 less than than the overall (public and private) national average for Associates Colleges ($8,112).

This chart compares the tuition costs of Wake Technical Community College (in red) with those of other similar universities.

Average Net Price

$3,914

2022 Value

21.4%

1 Year Growth

In 2022 Wake Technical Community College had an average net price — the price paid after factoring in grants and loans — of $3,914. Between 2021 and 2022, the average net price of Wake Technical Community College grew by 21.4%.

This chart compares the average net price of Wake Technical Community College (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.

Other Student Expenses

$9,900

Room and Board

$1,572

Books and Supplies

The average yearly cost of room and board at Wake Technical Community College was of $9,900 in 2022. The cost of room and board increased by 4.21% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,572. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Wake Technical Community College (in red) with that of similar universities.

Financial Aid by Income Level

39%

Undergraduates Receiving Financial Aid through Grants

40%

Undergraduates Receiving Financial Aid through Loans

39% of undergraduate students at Wake Technical Community College received financial aid through grants or loans in 2022. This represents a growth of 14.7% with respect to 2021, when 34% of undergraduate students received financial aid.

This chart compares the average award discount at Wake Technical Community College (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.

0.0269%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Wake Technical Community College was 0.0269%, which represents 1 out of the 3711 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.

Enrollment

Wake Technical Community College had a total enrollment of 21,551 students in 2022. The full-time enrollment at Wake Technical Community College is 6,790 students and the part-time enrollment is 14,761. This means that 31.5% of students enrolled at Wake Technical Community College are enrolled full-time.

The enrolled student population at Wake Technical Community College, both undergraduate and graduate, is 47.3% White, 20.8% Black or African American, 15.8% Hispanic or Latino, 6.2% Asian, 3.3% Two or More Races, 0.385% American Indian or Alaska Native, and 0.107% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Wake Technical Community College in full-time Undergraduate programs are most commonly White Male (27.2%), followed by White Female (21.5%) and Black or African American Female (10.2%).

Full-Time vs Part-Time Enrollment

31.5%

Full-Time Enrollment

The total enrollment at Wake Technical Community College in 2022, both undergraduate and graduate, is 21,551 students. The full-time enrollment at Wake Technical Community College is 6,790 and the part-time enrollment is 14,761. This means that 31.5% of students enrolled at Wake Technical Community College are enrolled full-time compared with 32.2% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Wake Technical Community College (in red) compares to similar universities.

Retention Rate over Time

68%

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 Wake Technical Community College was 68%. Compared with the full-time retention rate at similar Associates Colleges (62%), Wake Technical Community College had a retention rate higher than its peers.

This chart shows the retention rate over time at Wake Technical Community College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
10,195 enrolled students
Black or African American
4,486 enrolled students
Hispanic or Latino
3,403 enrolled students

The enrolled student population at Wake Technical Community College is 47.3% White, 20.8% Black or African American, 15.8% Hispanic or Latino, 6.2% Asian, 3.3% Two or More Races, 0.385% American Indian or Alaska Native, and 0.107% 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 Associates Colleges is 42.9% White, 27.9% Hispanic or Latino, and 12.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 912 students (4.23%) did not report their race.

Graduates

In 2022, 410 more women than men received degrees from Wake Technical Community College. The most common race/ethnicity group of degree recipients at Wake Technical Community College is white (3,323 degrees awarded). There were 2.85 times more white recipients than the next closest race/ethnicity group, black or african american (1165 degrees).

The most common Associates Degree concentration at Wake Technical Community College is Liberal Arts & Sciences (1,429 degrees awarded), followed by Information Technology (229 degrees) and General Business Administration & Management (176 degrees).

In 2022, the most specialized majors across all degree types at Wake Technical Community College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (249 degrees awarded), Visual & Performing Arts (493 degrees), and Mechanical Technologies (345 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Wake Technical Community College are Software developers (561,370 people), Other managers (203,127 people), Elementary & middle school teachers (151,859 people), Computer occupations, all other (126,591 people), and Computer & information systems managers (118,046 people).

The most specialized majors at Wake Technical Community College in 2022 are Construction (249 degrees awarded), Visual & Performing Arts (493 degrees), Mechanical Technologies (345 degrees), Computer and Information Sciences and Support Services (808 degrees), and Liberal Arts & Humanities (1,429 degrees) (as of 2022).

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 Wake Technical Community College are Surgeons, Skincare specialists, Broadcast announcers and radio disc jockeys, Physicians, and Cardiovascular technologists and technicians

The most specialized majors at Wake Technical Community College are Construction (249 degrees awarded), Visual & Performing Arts (493 degrees), Mechanical Technologies (345 degrees), Computer and Information Sciences and Support Services (808 degrees), and Liberal Arts & Humanities (1,429 degrees) (as of 2022).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Wake Technical Community College are Computer Systems Design (629,535 people), Elementary & secondary schools (340,413 people), Colleges, universities & professional schools, including junior colleges (230,727 people), Construction (163,438 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (125,172 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Wake Technical Community College.

Most Common (2022)

Liberal Arts & Sciences
1,429 degrees awarded
Information Technology
229 degrees awarded
General Business Administration & Management
176 degrees awarded

In 2022, the most common associates degree concentration at Wake Technical Community College was Liberal Arts & Sciences with 1,429 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Wake Technical Community College according to their major.

Sex Breakdown for Common Majors

2,934

Degrees Awarded to Men

in 2022

3,344

Degrees Awarded to Women

in 2022

In 2022, 2,934 degrees were awarded to men at Wake Technical Community College, which is 0.877 times less than the number of degrees awarded to females (3,344).

This chart displays the sex disparity between the top 5 majors at Wake Technical Community College by degrees awarded.

Most Common Male Majors

In 2022, 616 degrees were awarded to men at Wake Technical Community College in Liberal Arts & Sciences, which is 0.758 times less than the 813 female recipients with that same degree.

Most Common Female Majors

In 2022, 813 degrees were awarded to men at Wake Technical Community College in Liberal Arts & Sciences, which is 1.32 times more than the 616 male recipients with that same degree.

Time to Complete

14%

100% Completion Time

28%

150% Completion Time

In 2022, 14% of students graduating from Wake Technical Community College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 28% completed their degrees within 150% of the normal time, and 36% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (62.5%)

The student demographic with the highest graduation rate in 2022 at Wake Technical Community College is Female and American Indian or Alaska Native (62.5% graduation rate). Across all Associates Colleges, 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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 5.13% of graduates (32 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
3,323 degrees awarded
Black or African American
1,165 degrees awarded
Hispanic or Latino
852 degrees awarded

The most common race/ethnicity at Wake Technical Community College is white (3,323 degrees awarded). There were 2.85 times more white recipients than the next closest race/ethnicity group, black or african american (1165 degrees).

3.54% of degree recipients (222 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
1,727 degrees awarded
White Female
1,596 degrees awarded
Black or African American Female
768 degrees awarded

The most common race/ethnicity and sex grouping at Wake Technical Community College is white male (1,727 degrees awarded). There were 1.08 times more white male recipients than the next closest race/ethnicity group, white female (1596 degrees).

Operations

Wake Technical Community College has an endowment valued at nearly $13.2M, as of the end of the 2022 fiscal year. The return on its endowment was of 51.3k (0.387%) compared to the 0.843% average return (43.9k on 5.21M) across all Associates Colleges.

In 2022, Wake Technical Community College had a total salary expenditure of 233M. Wake Technical Community College employs 588 No academic ranks. Most academics at Wake Technical Community College are Female No academic rank (357), and Male No academic rank (231).

The most common positions for non-instructional staff at Wake Technical Community College are: Office and Administrative Support, with 247 employees, Management, with 236 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 114 employees.

Endowment

$13.2M

2022 Endowment

4.08%

growth from 2021

Wake Technical Community College has an endowment valued at about $13.2M, as of the end of the 2022 fiscal year. The endowment of Wake Technical Community College grew 4.08% from the previous year. The value of their endowment was $8.02M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Wake Technical Community College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-Mixed Traditional/Nontraditional Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$936k - Federal
$509k - State
$127k - Local

As of 2022, Wake Technical Community College received $936k in grants and contracts from the federal government, $509k from state grants and contracts, and $127k from local grants and contracts.

Salary Expenditure

$107M

2022 Salaries

9.79%

growth from 2021

In 2022, Wake Technical Community College paid a median of $107M in salaries, which represents 46% of their overall expenditure ($233M) and a 9.79% growth from the previous year. This is compared to a 0.212% growth between 2020 and 2021, and a 1.15% growth between 2019 and 2020.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$35.3M

Instructional Salaries

588

Number of Employees

In 2022, Wake Technical Community College paid a total of $35.3M to 588 employees working as instructors, which represents 32.9% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

Occupations by Share

No academic rank

Most Common Instructor

588 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

247 Employees

In 2022, the most common positions for instructional staff at Wake Technical Community College was No academic rank with 588 employees.

In 2022, the most common positions for non-instructional staff at Wake Technical Community College were Office and Administrative Support with 247 employees, Management with 236 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 114 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female No academic rank
Male No academic rank

In 2022, the most common demographic for instructional staff at Wake Technical Community College was Female No academic rank with 357 employees, and Male No academic rank with 231 employees.

This chart shows the sex split between each academic rank present at Wake Technical Community College.

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