New England Institute of Technology

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2017 Undergraduate Tuition

$27,000

10.2% growth from 2016

2017 Average Net Price

$30,538

After Financial Aid

2016 Student Loan

1.23%

Default Rate

2017 Enrolled Students

2,793

82.4% Full-Time

2017 Graduation Rate

52.4%

239 Graduates

About

New England Institute of Technology is a higher education institution located in Kent County, RI. In 2016, the most popular Bachelor's Degree concentrations at New England Institute of Technology were Computer & Information Systems Security (31 degrees awarded), Radio & Television Broadcasting Technology (25 degrees), and Registered Nursing (23 degrees).

In 2017, 1,117 degrees were awarded across all undergraduate and graduate programs at New England Institute of Technology. 34.9% of these degrees were awarded to women, and 65.1% awarded men. The majority of degree recipients were white (768 degrees), 6.8 times more than then the next closest race/ethnicity group, unknown (113 degrees).

The median undergraduate tuition at New England Institute of Technology is $27,000, which is $14,110 more than the national average for Baccalaureate/Associates Colleges ($12,890).

Costs

The median undergraduate tuition at New England Institute of Technology is $27,000, which is $14,110 more than the national average for Baccalaureate/Associates Colleges ($12,890).

After taking grants and loans into account, the average net price for students is $30,538.

In 2017, 63% of undergraduate students received federal grants, while 76% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$27,000

2017 Undergraduate Tuition

In 2017, the cost of tuition at New England Institute of Technology was $27,000. The cost of tuition at New England Institute of Technology is $14,110 more than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($12,890).

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Average Net Price

$30,538

2017 Value

8.36%

1 Year Growth

In 2017 New England Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $30,538. Between 2016 and 2017, the average net price of New England Institute of Technology grew by 8.36%.

This chart compares the average net price of New England Institute of Technology (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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Other Student Expenses

$9,353

Room and Board

$1,521

Books and Supplies

The average yearly cost of room and board at New England Institute of Technology was of $9,353 in 2017. During the same period, the average yearly cost of books and supplies was $1,521. The cost of room and board increased by 32.4% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

63%

Of Undergraduates Receive Grants

76%

Of Undergraduates Receive Federal Loans

63% of undergraduate students at New England Institute of Technology received grants or loans in 2017. This represents a growth of 1.61% with respect to 2016, when 62% of undergraduate students received financial aid.

This chart compares the average award discount at New England Institute of Technology (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.

1.23%

2016 Default Rate

18

Number of Defaults

In 2016 the default rate for borrower's at New England Institute of Technology was 1.23%, which represents 18 out of the 1460 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

New England Institute of Technology has a total enrollment of 2,793 students. The full-time enrollment at New England Institute of Technology is 2,301 students and the part-time enrollment is 492. This means that 82.4% of students enrolled at New England Institute of Technology are enrolled full-time.

The enrolled student population at New England Institute of Technology, both undergraduate and graduate, is 42.8% White, 10.8% Hispanic or Latino, 3.19% Black or African American, 2.47% Two or More Races, 1.68% Asian, 0.358% American Indian or Alaska Native, and 0.0358% Native Hawaiian or Other Pacific Islanders.

Students enrolled at New England Institute of Technology in full-time Undergraduate programs are majority White Male (25.6%), followed by White Female (14.1%) and Hispanic or Latino Male (7.67%). Students enrolled in full-time Graduate programs are majority White Female (35.1%), followed by White Male (14.4%) and Hispanic or Latino Male (6.31%).

Full-Time vs Part-Time Enrollment

82.4%

Full-Time Enrollment

The total enrollment at New England Institute of Technology, both undergraduate and graduate, is 2,793 students. The full-time enrollment at New England Institute of Technology is 2,301 and the part-time enrollment is 492. This means that 82.4% of students enrolled at New England Institute of Technology are enrolled full-time compared with 45.4% at similar Baccalaureate/Associates Colleges.

This chart shows the full-time vs part-time enrollment status at New England Institute of Technology (in red) compares to similar universities.

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Retention Rate over Time

N/A%

N/A 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 New England Institute of Technology was N/A%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (64%), New England Institute of Technology had a retention rate approximately the same as its peers.

This chart shows the retention rate over time at New England Institute of Technology (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,195

  2. Hispanic or Latino

    303

  3. Black or African American

    89

The enrolled student population at New England Institute of Technology is 42.8% White, 10.8% Hispanic or Latino, 3.19% Black or African American, 2.47% Two or More Races, 1.68% Asian, 0.358% American Indian or Alaska Native, and 0.0358% 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 Baccalaureate/Associates Colleges is 46.1% White, 24.4% Hispanic or Latino, and 14% 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, 986 students (35.3%) did not report their race.

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Graduates

In 2017, 337 fewer women than men received degrees from New England Institute of Technology. The majority of degree recipients at New England Institute of Technology are white (768 degrees awarded). There were 6.8 times more white graduates than the next closest race/ethnicity group, unknown (113 degrees).

The most common Bachelor's Degree concentration at New England Institute of Technology is Computer & Information Systems Security (31 degrees awarded), followed by Radio & Television Broadcasting Technology (25 degrees) and Registered Nursing (23 degrees).

The most specialized majors across all degree types at New England Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (65 degrees awarded), Engineering Technologies (158 degrees), and Construction (43 degrees).

Workforce

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 New England Institute of Technology are Other managers (110,713 people), Elementary & middle school teachers (104,667 people), Graphic designers (95,459 people), Other designers (60,402 people), and Postsecondary teachers (60,122 people).

The most specialized majors at New England Institute of Technology are Communication Technologies (65 degrees awarded), Engineering Technologies (158 degrees), Construction (43 degrees), Mechanical Technologies (121 degrees), and Visual & Performing Arts (124 degrees).

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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 New England Institute of Technology are Physicians, Marketing managers, Chief executives & legislators, Nurse anesthetists, and Information security analysts

The most specialized majors at New England Institute of Technology are Communication Technologies (65 degrees awarded), Engineering Technologies (158 degrees), Construction (43 degrees), Mechanical Technologies (121 degrees), and Visual & Performing Arts (124 degrees).

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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 New England Institute of Technology are Elementary & secondary schools (182,283 people), Construction (126,628 people), Colleges, universities & professional schools, including junior colleges (124,359 people), Computer Systems Design (106,474 people), and Specialized design services (65,230 people).

The most specialized majors at New England Institute of Technology are Communication Technologies (65 degrees awarded), Engineering Technologies (158 degrees), Construction (43 degrees), Mechanical Technologies (121 degrees), and Visual & Performing Arts (124 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by New England Institute of Technology.

In 2017, the most common bachelors degree concentration at New England Institute of Technology was Computer & Information Systems Security with 31 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at New England Institute of Technology according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 727

  2. 390

In 2017, 727 degrees were awarded to men at New England Institute of Technology, which is 1.86 times more than the number of degrees awarded to females (390).

This chart displays the gender disparity between the top 5 majors at New England Institute of Technology by degrees awarded.

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Most Common Male Majors

In 2017, 73 degrees were awarded to men at New England Institute of Technology in Game & Interactive Media Design, which is 18.3 times more than the 4 female recipients with that same degree.

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Most Common Female Majors

In 2017, 60 degrees were awarded to women at New England Institute of Technology in Registered Nursing, which is 7.5 times more than the 8 male recipients with that same degree.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at New England Institute of Technology is Female and Asian (100% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (68.1%).

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, 9.21% of graduates (22 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    768 degrees awarded

  2. Unknown

    113 degrees awarded

  3. Hispanic or Latino

    93 degrees awarded

The most common race/ethnicity at New England Institute of Technology is white (768 degrees awarded). There were 6.8 times more white recipients than the next closest race/ethnicity group, unknown (113 degrees).

10.1% of degree recipients (113 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    487 degrees awarded

  2. White Female

    281 degrees awarded

  3. Hispanic or Latino Male

    66 degrees awarded

The most common race/ethnicity and gender grouping at New England Institute of Technology is white male (487 degrees awarded). There were 1.73 times more white male recipients than the next closest race/ethnicity group, white female (281 degrees).

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Operations

New England Institute of Technology has an endowment valued at nearly $200M, as of the end of the 2017 fiscal year. The return on its endowment was of $11.2M (5.57%), compared to the 1.44% average return ($144k on $10M) across all Baccalaureate/Associates Colleges.

In 2017, New England Institute of Technology had a total salary expenditure of $68.8M. New England Institute of Technology employs 57 Assistant professors, 41 Associate professors, and 21 Instructors. Most academics at New England Institute of Technology are Male Assistant professors (33), Male Associate professors(26), and Female Assistant professors (24).

The most common positions for non-instructional staff at New England Institute of Technology are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 60 employees, Office and Administrative Support, with 59 employees, and Management with 23 employees.

Finances

Endowment

$200M

2017 Endowment

8.99%

growth from 2016

New England Institute of Technology has an endowment valued at about $200M, as of the end of the 2017 fiscal year. The endowment of New England Institute of Technology grew 8.99% from the previous year. The value of their endowment was $190M higher than than the median endowment of Baccalaureate/Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at New England Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $8.05M - Federal

  2. $1.16M - State

  3. $0 - Local

As of 2017, New England Institute of Technology received $8.05M in grants and contracts from the federal government, $1.16M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$31.8M

2017 Salaries

6.26%

growth from 2016

In 2017, New England Institute of Technology paid a median of $31.8M in salaries, which represents 46.2% of their overall expenditure ($68.8M) and a 6.26% growth from the previous year. This is compared to a 3.49% growth from 2015 and a 8.88% growth from 2014.

The median for similar Baccalaureate/Associates Colleges is 6.2M (33.2% of overall expenditures).

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Instructional Salaries

$10.3M

Instructional Salaries

130

Number of Employees

In 2017, New England Institute of Technology paid a total of $10.3M to 130 employees working as instructors, which represents 32.4% of all salaries paid.

This is compared to a median of $916k (25.3%) for similar Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

57 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

60 Employees

In 2017, the most common positions for instructional staff at New England Institute of Technology were Assistant professor with 57 employees; Associate professor with 41 employees; and Associate professor with 21 employees.

In 2017, the most common positions for non-instructional staff at New England Institute of Technology were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 60 employees; Office and Administrative Support with 59 employees; and Management with 23 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Assistant professor

  2. Male Associate professor

  3. Female Assistant professor

In 2017, the most common demographic for instructional staff at New England Institute of Technology was Male Assistant professor with 33 employees, Male Associate professor with 26 employees, and Female Assistant professor with 24 employees.

This chart shows the gender split between each academic rank present at New England Institute of Technology.

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