Precision Manufacturing Institute

www.gopmi.org/

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2020 Undergraduate Tuition

$15,532

0% growth from 2019

2020 Average Net Price

$20,300

After Financial Aid

2018 Student Loan

11.6%

Default Rate

2020 Enrolled Students

100% Full-Time

About

Precision Manufacturing Institute is a higher education institution located in Crawford County, PA. In N/A, the most popular Bachelor's Degree concentrations at Precision Manufacturing Institute were N/A.

In 2020, 20 degrees were awarded across all undergraduate and graduate programs at Precision Manufacturing Institute. 10% of these degrees were awarded to women, and 90% awarded men. The most common race/ethnicity group of degree recipients was white (20 degrees), NaNy times more than then the next closest race/ethnicity group, asian (0 degrees).

The median undergraduate tuition at Precision Manufacturing Institute is $15,532, which is $3,970 more than the national average for ($11,563).

Costs

The median undergraduate tuition at Precision Manufacturing Institute is $15,532, which is $3,970 more than the national average for ($11,563).

After taking grants and loans into account, the average net price for students is $20,300.

In 2020, 97% of undergraduate students attending Precision Manufacturing Institute received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Tuition Costs

$15,532

2020 Undergraduate Tuition

In 2020, the cost of tuition at Precision Manufacturing Institute was $15,532. The cost of tuition at Precision Manufacturing Institute is $3,970 more than than the overall (public and private) national average for ($11,563).

This chart compares the tuition costs of Precision Manufacturing Institute (in red) with those of other similar universities.

Average Net Price

$20,300

2020 Value

18.1%

1 Year Growth

In 2020 Precision Manufacturing Institute had an average net price — the price paid after factoring in grants and loans — of $20,300. Between 2019 and 2020, the average net price of Precision Manufacturing Institute grew by 18.1%.

This chart compares the average net price of Precision Manufacturing Institute (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

$6,000

Room and Board

$2,125

Books and Supplies

The average yearly cost of room and board at Precision Manufacturing Institute was of $6,000 in 2020. During the same period, the average yearly cost of books and supplies was $2,125. The cost of room and board did not change between 2019 and 2020. The cost of books and supplies increased by 6.25% during the same period.

This chart compares the average student costs at Precision Manufacturing Institute (in red) with that of similar universities.

Financial Aid by Income Level

97%

Undergraduates Receiving Financial Aid through Grants

55%

Undergraduates Receiving Financial Aid through Loans

97% of undergraduate students at Precision Manufacturing Institute received financial aid through grants or loans in 2020. This represents a growth of 29.3% with respect to 2019, when 75% of undergraduate students received financial aid.

This chart compares the average award discount at Precision Manufacturing Institute (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

Number of Defaults

In 2018 the default rate for borrower's at Precision Manufacturing Institute was 11.6%, which represents 5 out of the 43 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

Precision Manufacturing Institute has a total enrollment of 35 students. The full-time enrollment at Precision Manufacturing Institute is 35 students and the part-time enrollment is 0. This means that 100% of students enrolled at Precision Manufacturing Institute are enrolled full-time.

The enrolled student population at Precision Manufacturing Institute, both undergraduate and graduate, is 82.9% White, 14.3% Black or African American, 2.86% Hispanic or Latino, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% American Indian or Alaska Native.

Students enrolled at Precision Manufacturing Institute in full-time Undergraduate programs are most commonly White Male (77.1%), followed by Black or African American Male (8.57%) and Black or African American Female (5.71%). 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

100%

Full-Time Enrollment

The total enrollment at Precision Manufacturing Institute, both undergraduate and graduate, is 35 students. The full-time enrollment at Precision Manufacturing Institute is 35 and the part-time enrollment is 0. This means that 100% of students enrolled at Precision Manufacturing Institute are enrolled full-time compared with 66.2% at similar .

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

Retention Rate over Time

78%

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 Precision Manufacturing Institute was 78%. Compared with the full-time retention rate at similar (78%), Precision Manufacturing Institute had a retention rate approximately the same as its peers.

This chart shows the retention rate over time at Precision Manufacturing Institute (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
29
Black or African American
5
Hispanic or Latino
1

The enrolled student population at Precision Manufacturing Institute is 82.9% White, 14.3% Black or African American, 2.86% Hispanic or Latino, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% 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 37.7% White, 24.8% Hispanic or Latino, and 18.6% Black or African American.

Graduates

In 2020, 16 fewer women than men received degrees from Precision Manufacturing Institute. The most common race/ethnicity group of degree recipients at Precision Manufacturing Institute is white (20 degrees awarded). There were NaNy times more white graduates than the next closest race/ethnicity group, asian (0 degrees).

The most common Bachelor's Degree concentration at Precision Manufacturing Institute is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Precision Manufacturing Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (17 degrees awarded) and Engineering Technologies (3 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Precision Manufacturing Institute are Other managers (26,760 people), Software developers (26,708 people), Miscellaneous engineers, including nuclear engineers (15,167 people), Industrial engineers, including health & safety (10,342 people), and Mechanical engineers (10,291 people).

The most specialized majors at Precision Manufacturing Institute are Precision Production (17 degrees awarded) and Engineering Technologies (3 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 Precision Manufacturing Institute are Cardiovascular technologists and technicians, Physicians, Economists, Chief executives & legislators, and Other financial clerks

The most specialized majors at Precision Manufacturing Institute are Precision Production (17 degrees awarded) and Engineering Technologies (3 degrees).

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 Precision Manufacturing Institute are Computer Systems Design (38,106 people), Construction (22,155 people), Architectural, engineering & related services (14,928 people), Motor vehicles & motor vehicle equipment manufacturing (14,610 people), and Electronic component & product manufacturing, n.e.c. (10,860 people).

The most specialized majors at Precision Manufacturing Institute are Precision Production (17 degrees awarded) and Engineering Technologies (3 degrees).

Majors Awarded

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

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 Precision Manufacturing Institute was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Precision Manufacturing Institute according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 18 degrees were awarded to men at Precision Manufacturing Institute, which is 9 times more than the number of degrees awarded to females (2).

This chart displays the sex disparity between the top 5 majors at Precision Manufacturing Institute by degrees awarded.

Most Common Male Majors

In false, 9 degrees were awarded to men at Precision Manufacturing Institute in Computer Numerically Controlled (CNC) Machinist Technology, which is NaNy times more than the 0 female recipients with that same degree.

Most Common Female Majors

In false, 2 degrees were awarded to women at Precision Manufacturing Institute in Welding Technology, which is 0.333 times less than the 6 male recipients with that same degree.

Time to Complete

85%

100% Completion Time

85%

150% Completion Time

In 2020, 85% of students graduating from Precision Manufacturing Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 85% completed their degrees within 150% of the normal time, and 85% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

N/A

Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Precision Manufacturing Institute is N/A and N/A (N/A% graduation rate). Across all , 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, N/A% of graduates (N/A students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
20 degrees awarded
Asian
0 degrees awarded
Black or African American
0 degrees awarded

The most common race/ethnicity at Precision Manufacturing Institute is white (20 degrees awarded). There were NaNy times more white recipients than the next closest race/ethnicity group, asian (0 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Male
18 degrees awarded
White Female
2 degrees awarded
Asian Male
0 degrees awarded

The most common race/ethnicity and sex grouping at Precision Manufacturing Institute is white male (18 degrees awarded). There were 9 times more white male recipients than the next closest race/ethnicity group, white female (2 degrees).

Operations

Precision Manufacturing Institute has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 0.165% average return ($13.7k on $8.3M) across all .

In 2020, Precision Manufacturing Institute had a total salary expenditure of $N/A. Precision Manufacturing Institute employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Precision Manufacturing Institute are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Precision Manufacturing Institute are: N/A, with N/A employees, N/A, with N/A employees, and N/A with N/A employees.

Endowment

growth from 2019

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

The small bar chart below shows the endowment quintiles for all universities in the Not applicable, not in Carnegie universe (not accredited or nondegree-granting) Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$44.7k - Federal
$14.8k - State
$0 - Local

As of 2020, Precision Manufacturing Institute received $44.7k in grants and contracts from the federal government, $14.8k from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$431k

2020 Salaries

16.8%

decline from 2019

In 2020, Precision Manufacturing Institute paid a median of $431k in salaries, which represents NaNk% of their overall expenditure ($N/A) and a 16.8% decline from the previous year. This is compared to a 15.9% decline from 2018 and a 16.6% decline from 2017.

The median for similar is 594k (12.7% of overall expenditures).

Instructional Salaries

$N/A

Instructional Salaries

Number of Employees

In N/A, Precision Manufacturing Institute paid a total of $N/A to 0 employees working as instructors, which represents N/A% of all salaries paid.

This is compared to a median of $333k (56%) for similar Unknown.

Occupations by Share

false

Most Common Instructor

false Employees

N/A

Most Common Non-Instructional Employee

N/A Employees

In false, the most common positions for instructional staff at Precision Manufacturing Institute were false with 0 employees; false with 0 employees; and false with 0 employees.

In false, the most common positions for non-instructional staff at Precision Manufacturing Institute were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.