Midwest Technical Institute-Springfield (482097)

www.midwesttech.edu/

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2021 Average Net Price

$21,345

After Financial Aid

2019 Student Loan

2.91%

Default Rate

2021 Enrolled Students

385

97.9% Full-Time

About

Midwest Technical Institute-Springfield (482097) is a higher education institution located in Greene County, MO. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Midwest Technical Institute-Springfield (482097) were Welding Technology (112 degrees awarded), Dental Assisting (83 degrees), and HVAC & Refrigeration Engineering Technology (56 degrees).

In 2021, 441 degrees were awarded across all undergraduate and graduate programs at Midwest Technical Institute-Springfield (482097). 40.6% of these degrees were awarded to women, and 59.4% awarded men. The most common race/ethnicity group of degree recipients was white (378 degrees), 23.6 times more than then the next closest race/ethnicity group, black or african american (16 degrees).

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $21,345.

In 2021, 60% of undergraduate students attending Midwest Technical Institute-Springfield (482097) received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Average Net Price

$21,345

2021 Value

4.61%

1 Year Growth

In 2021 Midwest Technical Institute-Springfield (482097) had an average net price — the price paid after factoring in grants and loans — of $21,345. Between 2020 and 2021, the average net price of Midwest Technical Institute-Springfield (482097) grew by 4.61%.

This chart compares the average net price of Midwest Technical Institute-Springfield (482097) (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.

Financial Aid by Income Level

60%

Undergraduates Receiving Financial Aid through Grants

57%

Undergraduates Receiving Financial Aid through Loans

60% of undergraduate students at Midwest Technical Institute-Springfield (482097) received financial aid through grants or loans in 2021. This represents a decline of 27.7% with respect to 2020, when 83% of undergraduate students received financial aid.

This chart compares the average award discount at Midwest Technical Institute-Springfield (482097) (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.

2.91%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Midwest Technical Institute-Springfield (482097) was 2.91%, which represents 78 out of the 2676 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

Midwest Technical Institute-Springfield (482097) had a total enrollment of 385 students in 2021. The full-time enrollment at Midwest Technical Institute-Springfield (482097) is 377 students and the part-time enrollment is 8. This means that 97.9% of students enrolled at Midwest Technical Institute-Springfield (482097) are enrolled full-time.

The enrolled student population at Midwest Technical Institute-Springfield (482097), both undergraduate and graduate, is 81.8% White, 7.27% Black or African American, 5.45% Hispanic or Latino, 2.08% Two or More Races, 1.3% Asian, and 0.519% American Indian or Alaska Native.

Students enrolled at Midwest Technical Institute-Springfield (482097) in full-time Undergraduate programs are most commonly White Male (44%), followed by White Female (37.4%) and Black or African American Male (4.51%).

Full-Time vs Part-Time Enrollment

97.9%

Full-Time Enrollment

The total enrollment at Midwest Technical Institute-Springfield (482097) in 2021, both undergraduate and graduate, is 385 students. The full-time enrollment at Midwest Technical Institute-Springfield (482097) is 377 and the part-time enrollment is 8.

This chart shows the full-time vs part-time enrollment status at Midwest Technical Institute-Springfield (482097) (in red) compares to similar universities.

Retention Rate over Time

77%

2021 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 Midwest Technical Institute-Springfield (482097) was 77%. Compared with the full-time retention rate at similar (77%), Midwest Technical Institute-Springfield (482097) had a retention rate approximately the same as its peers.

This chart shows the retention rate over time at Midwest Technical Institute-Springfield (482097) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
315 enrolled students
Black or African American
28 enrolled students
Hispanic or Latino
21 enrolled students

The enrolled student population at Midwest Technical Institute-Springfield (482097) is 81.8% White, 7.27% Black or African American, 5.45% Hispanic or Latino, 2.08% Two or More Races, 1.3% Asian, and 0.519% American Indian or Alaska Native. 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.

Graduates

In 2021, 83 fewer women than men received degrees from Midwest Technical Institute-Springfield (482097). The most common race/ethnicity group of degree recipients at Midwest Technical Institute-Springfield (482097) is white (378 degrees awarded). There were 23.6 times more white recipients than the next closest race/ethnicity group, black or african american (16 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Midwest Technical Institute-Springfield (482097) is Welding Technology (112 degrees awarded), followed by Dental Assisting (83 degrees) and HVAC & Refrigeration Engineering Technology (56 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Midwest Technical Institute-Springfield (482097) are Registered nurses (1,333,901 people), Medical & health services managers (146,695 people), Nurse practitioners & nurse midwives (131,850 people), Pharmacists (131,387 people), and Physicians (107,563 people).

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 Midwest Technical Institute-Springfield (482097) are Cardiovascular technologists and technicians, Physicians, Chief executives & legislators, Surgeons, and Personal financial advisors

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Midwest Technical Institute-Springfield (482097) are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,450,638 people), Elementary & secondary schools (221,924 people), Outpatient care centers (216,797 people), Offices of physicians (193,702 people), and Colleges, universities & professional schools, including junior colleges (137,129 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Midwest Technical Institute-Springfield (482097).

Most Common (2021)

Welding Technology
112 degree-majors awarded
Dental Assisting
83 degree-majors awarded
HVAC & Refrigeration Engineering Technology
56 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Midwest Technical Institute-Springfield (482097) was Welding Technology with 112 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Midwest Technical Institute-Springfield (482097) according to their major.

Sex Breakdown for Common Majors

262

Degrees Awarded to Men

in 2021

179

Degrees Awarded to Women

in 2021

In 2021, 262 degrees were awarded to men at Midwest Technical Institute-Springfield (482097), which is 1.46 times more than the number of degrees awarded to females (179).

This chart displays the sex disparity between the top 5 majors at Midwest Technical Institute-Springfield (482097) by degrees awarded.

Most Common Male Majors

In 2021, 97 degrees were awarded to men at Midwest Technical Institute-Springfield (482097) in Truck, Bus, & Commercial Vehicle Operator & Instructor, which is 8.08 times more than the 12 female recipients with that same degree.

Most Common Female Majors

In 2021, 77 degrees were awarded to men at Midwest Technical Institute-Springfield (482097) in Dental Assisting, which is 12.8 times more than the 6 male recipients with that same degree.

Time to Complete

65%

100% Completion Time

71%

150% Completion Time

In 2021, 65% of students graduating from Midwest Technical Institute-Springfield (482097) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 71% within 200%.

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

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
378 degrees awarded
Black or African American
16 degrees awarded
Hispanic or Latino
15 degrees awarded

The most common race/ethnicity at Midwest Technical Institute-Springfield (482097) is white (378 degrees awarded). There were 23.6 times more white recipients than the next closest race/ethnicity group, black or african american (16 degrees).

2.27% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
230 degrees awarded
White Female
148 degrees awarded
Two or More Races Female
9 degrees awarded

The most common race/ethnicity and sex grouping at Midwest Technical Institute-Springfield (482097) is white male (230 degrees awarded). There were 1.55 times more white male recipients than the next closest race/ethnicity group, white female (148 degrees).