Institute for Business and Technology

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2022 Average Net Price
$27,032
After Financial Aid
2019 Default Rate
3.4%
on Student Loans
2022 Enrolled Students
614
100% Full-Time
2022 Graduation Rate
77.1%
243 Graduates

About

Institute for Business and Technology is a higher education institution located in Santa Clara County, CA. In 2021, the most popular Associates Degree concentrations at Institute for Business and Technology were Diagnostic Medical Sonography & Ultrasound Technician (1 degrees awarded).

In 2022, 555 degrees were awarded across all undergraduate and graduate programs at Institute for Business and Technology. 27.9% of these degrees were awarded to women, and 72.1% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (369 degrees), 5.95 times more than then the next closest race/ethnicity group, white (62 degrees).

Costs

After taking grants and loans into account, the average net price for students is $27,032.

In 2022, 41% of undergraduate students attending Institute for Business and Technology received financial aid through grants. Comparatively, 44% of undergraduate students received financial aid through loans.

Average Net Price

$27,032
2022 Value
1.07%
1 Year Growth

In 2022 Institute for Business and Technology had an average net price — the price paid after factoring in grants and loans — of $27,032. Between 2021 and 2022, the average net price of Institute for Business and Technology grew by 1.07%.

This chart compares the average net price of Institute for Business and 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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Financial Aid by Income Level

41%
Undergraduates Receiving Financial Aid through Grants
44%
Undergraduates Receiving Financial Aid through Loans

41% of undergraduate students at Institute for Business and Technology received financial aid through grants or loans in 2022. This represents a decline of 6.82% with respect to 2021, when 44% of undergraduate students received financial aid.

This chart compares the average award discount at Institute for Business and 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.
3.4%
2019 Default Rate
31
Number of Defaults

In 2019 the default rate for borrower's at Institute for Business and Technology was 3.4%, which represents 31 out of the 911 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

Institute for Business and Technology had a total enrollment of 614 students in 2022. The full-time enrollment at Institute for Business and Technology is 614 students and the part-time enrollment is 0. This means that 100% of students enrolled at Institute for Business and Technology are enrolled full-time.

The enrolled student population at Institute for Business and Technology, both undergraduate and graduate, is 69.7% Hispanic or Latino, 8.14% White, 7.33% Asian, 4.89% Black or African American, 0.489% Native Hawaiian or Other Pacific Islanders, 0.489% Two or More Races, and 0.326% American Indian or Alaska Native.

Students enrolled at Institute for Business and Technology in full-time Undergraduate programs are most commonly Hispanic or Latino Male (56.5%), followed by Hispanic or Latino Female (13.2%) and White Male (6.19%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Institute for Business and Technology in 2022, both undergraduate and graduate, is 614 students. The full-time enrollment at Institute for Business and Technology is 614 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Institute for Business and Technology (in red) compares to similar universities.

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Retention Rate over Time

85%
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 Institute for Business and Technology was 85%. Compared with the full-time retention rate at similar (79%), Institute for Business and Technology had a retention rate higher than its peers.

This chart shows the retention rate over time at Institute for Business and Technology (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Hispanic or Latino
    428 enrolled students
  2. White
    50 enrolled students
  3. Asian
    45 enrolled students

The enrolled student population at Institute for Business and Technology is 69.7% Hispanic or Latino, 8.14% White, 7.33% Asian, 4.89% Black or African American, 0.489% Native Hawaiian or Other Pacific Islanders, 0.489% Two or More Races, and 0.326% 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 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

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Graduates

In 2022, 245 fewer women than men received degrees from Institute for Business and Technology. The most common race/ethnicity group of degree recipients at Institute for Business and Technology is hispanic or latino (369 degrees awarded). There were 5.95 times more hispanic or latino recipients than the next closest race/ethnicity group, white (62 degrees).

The most common Associates Degree concentration at Institute for Business and Technology is Diagnostic Medical Sonography & Ultrasound Technician (1 degrees awarded).

In 2022,  the most specialized majors across all degree types at Institute for Business and Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (239 degrees awarded), Mechanical Technologies (159 degrees), and Health (157 degrees).

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 Institute for Business and Technology are Registered nurses (1,403,505 people), Software developers (539,533 people), Other managers (168,719 people), Medical & health services managers (156,092 people), and Nurse practitioners & nurse midwives (141,302 people).

The most specialized majors at Institute for Business and Technology in 2022 are Construction (239 degrees awarded), Mechanical Technologies (159 degrees), Health (157 degrees), and Computer and Information Sciences and Support Services (0 degrees) (as of 2022).

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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 Institute for Business and Technology are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Chief executives & legislators

The most specialized majors at Institute for Business and Technology are Construction (239 degrees awarded), Mechanical Technologies (159 degrees), Health (157 degrees), and Computer and Information Sciences and Support Services (0 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Institute for Business and Technology are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,537,182 people), Computer Systems Design (573,372 people), Elementary & secondary schools (276,443 people), Outpatient care centers (248,944 people), and Offices of physicians (213,174 people).

The most specialized majors at Institute for Business and Technology are Construction (239 degrees awarded), Mechanical Technologies (159 degrees), Health (157 degrees), and Computer and Information Sciences and Support Services (0 degrees) (as of 2022).

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Majors Awarded

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

In 2021, the most common associates degree concentration at Institute for Business and Technology was Diagnostic Medical Sonography & Ultrasound Technician with 1 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Institute for Business and Technology according to their major.

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Sex Breakdown for Common Majors

400
Degrees Awarded to Men
in 2022
155
Degrees Awarded to Women
in 2022

In 2022, 400 degrees were awarded to men at Institute for Business and Technology, which is 2.58 times more than the number of degrees awarded to females (155).

This chart displays the sex disparity between the top 5 majors at Institute for Business and Technology by degrees awarded.

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Most Common Male Majors

In 2022, 228 degrees were awarded to men at Institute for Business and Technology in Electrician, which is 20.7 times more than the 11 female recipients with that same degree.

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Most Common Female Majors

In 2022, 76 degrees were awarded to men at Institute for Business and Technology in Medical Office Assistant, which is 12.7 times more than the 6 male recipients with that same degree.

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Time to Complete

64%
100% Completion Time
80%
150% Completion Time

In 2022, 64% of students graduating from Institute for Business and Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 80% completed their degrees within 150% of the normal time, and 81% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Institute for Business and Technology is Male and American Indian or Alaska Native (100% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. Hispanic or Latino
    369 degrees awarded
  2. White
    62 degrees awarded
  3. Asian
    33 degrees awarded

The most common race/ethnicity at Institute for Business and Technology is hispanic or latino (369 degrees awarded). There were 5.95 times more hispanic or latino recipients than the next closest race/ethnicity group, white (62 degrees).

11% of degree recipients (61 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Hispanic or Latino Male
    270 degrees awarded
  2. Hispanic or Latino Female
    99 degrees awarded
  3. White Male
    43 degrees awarded

The most common race/ethnicity and sex grouping at Institute for Business and Technology is hispanic or latino male (270 degrees awarded). There were 2.73 times more hispanic or latino male recipients than the next closest race/ethnicity group, hispanic or latino female (99 degrees).

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Operations

Institute for Business and Technology employs 14 No academic ranks. Most academics at Institute for Business and Technology are Male No academic rank (9), and Female No academic rank (5).

The most common positions for non-instructional staff at Institute for Business and Technology are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 13 employees, Management, with 5 employees, and Office and Administrative Support with 2 employees.

Salary Expenditure

$2.56M
2022 Salaries
1.43%
growth from 2021

In 2022, Institute for Business and Technology paid a median of $2.56M in salaries, a 1.43% growth from the previous year.

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

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Instructional Salaries

$1.04M
Instructional Salaries
14
Number of Employees

In 2022, Institute for Business and Technology paid a total of $1.04M to 14 employees working as instructors, which represents 40.6% of all salaries paid.

This is compared to a median of $446k (66.8%) for similar Unknown.

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Occupations by Share

No academic rank
Most Common Instructor
14 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
13 Employees

In 2022, the most common positions for instructional staff at Institute for Business and Technology was No academic rank with 14 employees.

In 2022, the most common positions for non-instructional staff at Institute for Business and Technology were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 13 employees, Management with 5 employees, and Office and Administrative Support with 2 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male No academic rank
  2. Female No academic rank

In 2022, the most common demographic for instructional staff at Institute for Business and Technology was Male No academic rank with 9 employees, and Female No academic rank with 5 employees.

This chart shows the sex split between each academic rank present at Institute for Business and Technology.

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