Wake Technical Community College

www.waketech.edu/

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2020 Undergraduate Tuition

$2,432

0% growth from 2019

2020 Average Net Price

$5,269

After Financial Aid

2018 Student Loan

11.6%

Default Rate

2020 Enrolled Students

21,760

31.9% Full-Time

2020 Graduation Rate

27.6%

481 Graduates

About

Wake Technical Community College is a higher education institution located in Wake County, NC. In 2016, the most popular Bachelor's Degree concentrations at Wake Technical Community College were .

In 2020, 8,788 degrees were awarded across all undergraduate and graduate programs at Wake Technical Community College. 48.5% of these degrees were awarded to women, and 51.5% awarded men. The most common race/ethnicity group of degree recipients was white (4,825 degrees), 3.08 times more than then the next closest race/ethnicity group, black or african american (1568 degrees).

The median undergraduate tuition at Wake Technical Community College is $2,432, which is $−5,548 less than the national average for Associates Colleges ($7,980).

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

Costs

The median undergraduate tuition at Wake Technical Community College is $2,432, which is $−5,548 less than the national average for Associates Colleges ($7,980).

After taking grants and loans into account, the average net price for students is $5,269.

In 2020, 36% of undergraduate students attending Wake Technical Community College received financial aid through grants. Comparatively, 41% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$2,432

2020 Undergraduate Tuition

In 2020, the cost of tuition at Wake Technical Community College was $2,432. The cost of tuition at Wake Technical Community College is $−5,548 less than than the overall (public and private) national average for Associates Colleges ($7,980).

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

Average Net Price

$5,269

2020 Value

8.49%

1 Year Growth

In 2020 Wake Technical Community College had an average net price — the price paid after factoring in grants and loans — of $5,269. Between 2019 and 2020, the average net price of Wake Technical Community College grew by 8.49%.

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

$9,531

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Wake Technical Community College was of $9,531 in 2020. During the same period, the average yearly cost of books and supplies was $1,500. The cost of room and board did not change between 2019 and 2020. 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

Financial Aid by Income Level

36%

Undergraduates Receiving Financial Aid through Grants

41%

Undergraduates Receiving Financial Aid through Loans

36% of undergraduate students at Wake Technical Community College received financial aid through grants or loans in 2020. This represents a growth of 0% with respect to 2019, when 36% 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.

11.6%

2018 Default Rate

486

Number of Defaults

In 2018 the default rate for borrower's at Wake Technical Community College was 11.6%, which represents 486 out of the 4186 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 has a total enrollment of 21,760 students. The full-time enrollment at Wake Technical Community College is 6,944 students and the part-time enrollment is 14,816. This means that 31.9% 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 50.3% White, 21.2% Black or African American, 13.5% Hispanic or Latino, 5.44% Asian, 3.17% Two or More Races, 0.473% American Indian or Alaska Native, and 0.17% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Wake Technical Community College in full-time Undergraduate programs are most commonly White Male (27%), followed by White Female (24.5%) and Black or African American Female (10.3%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

31.9%

Full-Time Enrollment

The total enrollment at Wake Technical Community College, both undergraduate and graduate, is 21,760 students. The full-time enrollment at Wake Technical Community College is 6,944 and the part-time enrollment is 14,816. This means that 31.9% of students enrolled at Wake Technical Community College are enrolled full-time compared with 34.4% 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

70%

2020 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 70%. Compared with the full-time retention rate at similar Associates Colleges (60%), 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

White
10,956
Black or African American
4,610
Hispanic or Latino
2,933

The enrolled student population at Wake Technical Community College is 50.3% White, 21.2% Black or African American, 13.5% Hispanic or Latino, 5.44% Asian, 3.17% Two or More Races, 0.473% American Indian or Alaska Native, and 0.17% 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 44.5% White, 26.8% Hispanic or Latino, and 12.2% 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, 758 students (3.48%) did not report their race.

Graduates

In 2020, 264 fewer 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 (4,825 degrees awarded). There were 3.08 times more white graduates than the next closest race/ethnicity group, black or african american (1568 degrees).

The most common Bachelor's Degree concentration at Wake Technical Community College is N/A, followed by N/A and N/A.

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 (544 degrees awarded), Visual & Performing Arts (887 degrees), and Mechanical Technologies (548 degrees).

Workforce

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 (475,533 people), Other managers (192,216 people), Computer occupations, all other (125,912 people), Computer & information systems managers (117,179 people), and Computer programmers (112,409 people).

The most specialized majors at Wake Technical Community College are Construction (544 degrees awarded), Visual & Performing Arts (887 degrees), Mechanical Technologies (548 degrees), Engineering Technologies (381 degrees), and Computer and Information Sciences and Support Services (1,064 degrees).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

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 Cardiovascular technologists and technicians, Physicians, Magnetic resonance imaging technologists, Nuclear medicine technologists and medical dosimetrists, and Architectural & engineering managers

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 (573,534 people), Elementary & secondary schools (224,393 people), Colleges, universities & professional schools, including junior colleges (197,119 people), Construction (155,320 people), and Management, scientific & technical consulting services (100,669 people).

Degrees

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

N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Wake Technical Community College was N/A with N/A degrees awarded.

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

Sex Breakdown for Common Majors

4,526

Degrees Awarded to Men

in 2020

4,262

Degrees Awarded to Women

in 2020

In 2020, 4,526 degrees were awarded to men at Wake Technical Community College, which is 1.06 times more than the number of degrees awarded to females (4,262).

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

Most Common Male Majors

In false, 780 degrees were awarded to men at Wake Technical Community College in Information Technology, which is 2.99 times more than the 261 female recipients with that same degree.

Most Common Female Majors

In false, 840 degrees were awarded to women at Wake Technical Community College in Liberal Arts & Sciences, which is 1.27 times more than the 662 male recipients with that same degree.

Time to Complete

12%

100% Completion Time

25%

150% Completion Time

In 2020, 12% 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, 25% completed their degrees within 150% of the normal time, and 34% 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.

Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (48.5%)

The student demographic with the highest graduation rate at Wake Technical Community College is Female and Asian (48.5% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (72.4%).

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, 2.08% of graduates (10 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
4,825 degrees awarded
Black or African American
1,568 degrees awarded
Hispanic or Latino
1,060 degrees awarded

The most common race/ethnicity at Wake Technical Community College is white (4,825 degrees awarded). There were 3.08 times more white recipients than the next closest race/ethnicity group, black or african american (1568 degrees).

3.06% of degree recipients (269 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Male
2,844 degrees awarded
White Female
1,981 degrees awarded
Black or African American Female
1,039 degrees awarded

The most common race/ethnicity and sex grouping at Wake Technical Community College is white male (2,844 degrees awarded). There were 1.44 times more white male recipients than the next closest race/ethnicity group, white female (1,981 degrees).

Operations

Wake Technical Community College has an endowment valued at nearly $9.89M, as of the end of the 2020 fiscal year. The return on its endowment was of $79.7k (0.806%), compared to the 5.11% average return ($226k on $4.42M) across all Associates Colleges.

In 2020, Wake Technical Community College had a total salary expenditure of $220M. Wake Technical Community College employs 569 No academic ranks, 0 N/A, and 0 N/A. Most academics at Wake Technical Community College are Female No academic ranks (345), Male No academic ranks(224), and N/A (0).

The most common positions for non-instructional staff at Wake Technical Community College are: Office and Administrative Support, with 231 employees, Management, with 225 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 111 employees.

Finances

Endowment

$9.89M

2020 Endowment

20%

growth from 2019

Wake Technical Community College has an endowment valued at about $9.89M, as of the end of the 2020 fiscal year. The endowment of Wake Technical Community College grew 20% from the previous year. The value of their endowment was $5.47M 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

$1.91M - Federal
$432k - State
$0 - Local

As of 2020, Wake Technical Community College received $1.91M in grants and contracts from the federal government, $432k from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$97.5M

2020 Salaries

1.15%

growth from 2019

In 2020, Wake Technical Community College paid a median of $97.5M in salaries, which represents 44.2% of their overall expenditure ($220M) and a 1.15% growth from the previous year. This is compared to a 6.73% growth from 2018 and a 0.812% growth from 2017.

The median for similar Associates Colleges is 16.8M (43.6% of overall expenditures).

Instructional Salaries

$30.8M

Instructional Salaries

569

Number of Employees

In 2020, Wake Technical Community College paid a total of $30.8M to 569 employees working as instructors, which represents 31.5% of all salaries paid.

This is compared to a median of $4.98M (29.6%) for similar Associates Colleges.

Faculty and Staff

Occupations by Share

No academic rank

Most Common Instructor

569 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

231 Employees

In 2020, the most common positions for instructional staff at Wake Technical Community College were No academic rank with 569 employees; false with 0 employees; and false with 0 employees.

In 2020, the most common positions for non-instructional staff at Wake Technical Community College were Office and Administrative Support with 231 employees; Management with 225 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 111 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Female No academic rank
Male No academic rank

In 2020, the most common demographic for instructional staff at Wake Technical Community College was Female No academic rank with 345 employees, and Male No academic rank with 224 employees.

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

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