Milan Institute-Amarillo

www.milaninstitute.edu

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2022 Average Net Price

$25,964

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

154

100% Full-Time

About

Milan Institute-Amarillo is a higher education institution located in Potter County, TX. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Milan Institute-Amarillo were General Cosmetology (38 degrees awarded).

In 2022, 77 degrees were awarded across all undergraduate and graduate programs at Milan Institute-Amarillo. 97.4% of these degrees were awarded to women, and 2.6% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (42 degrees), 2.1 times more than then the next closest race/ethnicity group, white (20 degrees).

In 2020 the default rate for borrower's at Milan Institute-Amarillo was 0%, corresponding to 0 out of the 209 total borrowers.

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 $25,964.

In 2022, 77% of undergraduate students attending Milan Institute-Amarillo received financial aid through grants. Comparatively, 70% of undergraduate students received financial aid through loans.

Average Net Price

$25,964

2022 Value

2.82%

1 Year Growth

In 2022 Milan Institute-Amarillo had an average net price — the price paid after factoring in grants and loans — of $25,964. Between 2021 and 2022, the average net price of Milan Institute-Amarillo grew by 2.82%.

This chart compares the average net price of Milan Institute-Amarillo (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

77%

Undergraduates Receiving Financial Aid through Grants

70%

Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at Milan Institute-Amarillo received financial aid through grants or loans in 2022. This represents a growth of 6.94% with respect to 2021, when 72% of undergraduate students received financial aid.

This chart compares the average award discount at Milan Institute-Amarillo (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Milan Institute-Amarillo was 0%, which represents 0 out of the 209 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

Milan Institute-Amarillo had a total enrollment of 154 students in 2022. The full-time enrollment at Milan Institute-Amarillo is 154 students and the part-time enrollment is 0. This means that 100% of students enrolled at Milan Institute-Amarillo are enrolled full-time.

The enrolled student population at Milan Institute-Amarillo, both undergraduate and graduate, is 51.3% Hispanic or Latino, 27.9% White, 13% Black or African American, and 6.49% Two or More Races.

Students enrolled at Milan Institute-Amarillo in full-time Undergraduate programs are most commonly Hispanic or Latino Female (48.7%), followed by White Female (27.9%) and Black or African American Female (11.7%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Milan Institute-Amarillo in 2022, both undergraduate and graduate, is 154 students. The full-time enrollment at Milan Institute-Amarillo is 154 and the part-time enrollment is 0.

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

Retention Rate over Time

84%

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 Milan Institute-Amarillo was 84%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Hispanic or Latino
79 enrolled students
White
43 enrolled students
Black or African American
20 enrolled students

The enrolled student population at Milan Institute-Amarillo is 51.3% Hispanic or Latino, 27.9% White, 13% Black or African American, and 6.49% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

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, 1 students (0.649%) did not report their race.

Graduates

In 2022, 73 more women than men received degrees from Milan Institute-Amarillo. The most common race/ethnicity group of degree recipients at Milan Institute-Amarillo is hispanic or latino (42 degrees awarded). There were 2.1 times more hispanic or latino recipients than the next closest race/ethnicity group, white (20 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Milan Institute-Amarillo is General Cosmetology (38 degrees awarded).

In 2022, the most specialized majors across all degree types at Milan Institute-Amarillo, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (38 degrees awarded) and Health (39 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 Milan Institute-Amarillo are Registered nurses (1,394,973 people), Medical & health services managers (151,169 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Milan Institute-Amarillo in 2022 are Personal & Culinary Services (38 degrees awarded) and Health (39 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 Milan Institute-Amarillo are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at Milan Institute-Amarillo are Personal & Culinary Services (38 degrees awarded) and Health (39 degrees) (as of 2022).

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 Milan Institute-Amarillo are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,483,204 people), Outpatient care centers (237,738 people), Elementary & secondary schools (217,353 people), Offices of physicians (202,325 people), and Colleges, universities & professional schools, including junior colleges (130,917 people).

The most specialized majors at Milan Institute-Amarillo are Personal & Culinary Services (38 degrees awarded) and Health (39 degrees) (as of 2022).

Majors Awarded

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

General Cosmetology

Most Common (2022)

38 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Milan Institute-Amarillo was General Cosmetology with 38 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Milan Institute-Amarillo according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 2 degrees were awarded to men at Milan Institute-Amarillo, which is 0.0267 times less than the number of degrees awarded to females (75).

This chart displays the sex disparity between the top 5 majors at Milan Institute-Amarillo by degrees awarded.

Most Common Male Majors

In 2022, 2 degrees were awarded to men at Milan Institute-Amarillo in General Cosmetology, which is 0.0556 times less than the 36 female recipients with that same degree.

Most Common Female Majors

In 2022, 36 degrees were awarded to men at Milan Institute-Amarillo in General Cosmetology, which is 18 times more than the 2 male recipients with that same degree.

Time to Complete

100% Completion Time

67%

150% Completion Time

In 2022, 7% of students graduating from Milan Institute-Amarillo completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 67% 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 (2022)

Hispanic or Latino
42 degrees awarded
White
20 degrees awarded
Black or African American
11 degrees awarded

The most common race/ethnicity at Milan Institute-Amarillo is hispanic or latino (42 degrees awarded). There were 2.1 times more hispanic or latino recipients than the next closest race/ethnicity group, white (20 degrees).

1.3% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Hispanic or Latino Female
40 degrees awarded
White Female
20 degrees awarded
Black or African American Female
11 degrees awarded

The most common race/ethnicity and sex grouping at Milan Institute-Amarillo is hispanic or latino female (40 degrees awarded). There were 2 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (20 degrees).

Operations

Salary Expenditure

$663k

2022 Salaries

17.2%

growth from 2021

In 2022, Milan Institute-Amarillo paid a median of $663k in salaries, a 17.2% growth from the previous year. This is compared to a 46.9% growth between 2020 and 2021, and a 4.12% decline between 2019 and 2020.

The median for similar is 668k (13.2% of overall expenditures).

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