Pennsylvania Institute of Technology

www.pit.edu

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2023 Undergraduate Tuition

$13,095

2.11% growth from 2022

2023 Average Net Price

$16,303

After Financial Aid

2021 Default Rate

on Student Loans

2023 Enrolled Students

662

50.8% Full-Time

2023 Graduation Rate

32.6%

29 Graduates

About

Pennsylvania Institute of Technology is a higher education institution located in Delaware County, PA. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Pennsylvania Institute of Technology were Other Practical Nursing, Vocational Nursing, & Nursing Assistants (181 degrees awarded).

In 2023, 233 degrees were awarded across all undergraduate and graduate programs at Pennsylvania Institute of Technology. 89.7% of these degrees were awarded to women, and 10.3% awarded men. The most common race/ethnicity group of degree recipients was black or african american (164 degrees), 4.32 times more than then the next closest race/ethnicity group, white (38 degrees).

The median undergraduate tuition at Pennsylvania Institute of Technology is $13,095, which is $4,842 more than the national average for Associates Colleges ($8,253).

In 2021 the default rate for borrower's at Pennsylvania Institute of Technology was 0%, corresponding to 0 out of the 405 total borrowers.

Associates Colleges: High Career & Technical-High Nontraditional Associates Colleges

Costs

In 2023, the median undergraduate tuition at Pennsylvania Institute of Technology is $13,095, which is $4,842 more than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $16,303.

In 2023, 87% of undergraduate students attending Pennsylvania Institute of Technology received financial aid through grants. Comparatively, 92% of undergraduate students received financial aid through loans.

Tuition Costs

$13,095

2023 Undergraduate Tuition

In 2023, the cost of tuition at Pennsylvania Institute of Technology was $13,095. The cost of tuition at Pennsylvania Institute of Technology is $4,842 more than than the overall (public and private) national average for Associates Colleges ($8,253).

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

Average Net Price

$16,303

2023 Value

6.06%

1 Year Growth

In 2023 Pennsylvania Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $16,303. Between 2022 and 2023, the average net price of Pennsylvania Institute of Technology grew by 6.06%.

This chart compares the average net price of Pennsylvania 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.

Other Student Expenses

$9,000

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Pennsylvania Institute of Technology was of $9,000 in 2023. The cost of room and board did not change between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,050. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

87%

Undergraduates Receiving Financial Aid through Grants

92%

Undergraduates Receiving Financial Aid through Loans

87% of undergraduate students at Pennsylvania Institute of Technology received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at Pennsylvania 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.

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.

2021 Default Rate

Number of Defaults

In 2021 the default rate for borrower's at Pennsylvania Institute of Technology was 0%, which represents 0 out of the 405 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

Pennsylvania Institute of Technology had a total enrollment of 662 students in 2023. The full-time enrollment at Pennsylvania Institute of Technology is 336 students and the part-time enrollment is 326. This means that 50.8% of students enrolled at Pennsylvania Institute of Technology are enrolled full-time.

The enrolled student population at Pennsylvania Institute of Technology, both undergraduate and graduate, is 60.1% Black or African American, 20.5% White, 4.68% Two or More Races, 3.32% Hispanic or Latino, 0.906% American Indian or Alaska Native, 0.755% Asian, and 0.453% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Pennsylvania Institute of Technology in full-time Undergraduate programs are most commonly Black or African American Female (59.3%), followed by White Female (16.6%) and White Male (6.29%).

Full-Time vs Part-Time Enrollment

50.8%

Full-Time Enrollment

The total enrollment at Pennsylvania Institute of Technology in 2023, both undergraduate and graduate, is 662 students. The full-time enrollment at Pennsylvania Institute of Technology is 336 and the part-time enrollment is 326. This means that 50.8% of students enrolled at Pennsylvania Institute of Technology are enrolled full-time compared with 32.3% at similar Associates Colleges.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Black or African American
398 enrolled students
White
136 enrolled students
Two or More Races
31 enrolled students

The enrolled student population at Pennsylvania Institute of Technology is 60.1% Black or African American, 20.5% White, 4.68% Two or More Races, 3.32% Hispanic or Latino, 0.906% American Indian or Alaska Native, 0.755% Asian, and 0.453% 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 Associates Colleges is 41.7% White, 28.7% Hispanic or Latino, and 12.6% 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, 60 students (9.06%) did not report their race.

Graduates

In 2023, 185 more women than men received degrees from Pennsylvania Institute of Technology. The most common race/ethnicity group of degree recipients at Pennsylvania Institute of Technology is black or african american (164 degrees awarded). There were 4.32 times more black or african american recipients than the next closest race/ethnicity group, white (38 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Pennsylvania Institute of Technology is Other Practical Nursing, Vocational Nursing, & Nursing Assistants (181 degrees awarded).

In 2023, the most specialized majors across all degree types at Pennsylvania Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (217 degrees awarded), Agriculture (8 degrees), and Engineering Technologies (3 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 Pennsylvania Institute of Technology are Registered nurses (1,551,751 people), Accountants & auditors (1,042,793 people), Other managers (904,078 people), Software developers (762,317 people), and Financial managers (540,488 people).

The most specialized majors at Pennsylvania Institute of Technology in 2023 are Health (217 degrees awarded), Agriculture (8 degrees), Engineering Technologies (3 degrees), Business (3 degrees), and Computer and Information Sciences and Support Services (1 degrees) (as of 2023).

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 Pennsylvania Institute of Technology are Cardiovascular technologists and technicians, Surgeons, Physicians, Architectural & engineering managers, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Pennsylvania Institute of Technology are Health (217 degrees awarded), Agriculture (8 degrees), Engineering Technologies (3 degrees), Business (3 degrees), and Computer and Information Sciences and Support Services (1 degrees) (as of 2023).

Common Industries by Major

uninformed

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Pennsylvania Institute of Technology are uninformed (1,955,200 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,915,905 people), Computer Systems Design (1,160,793 people), Elementary & secondary schools (782,113 people), and Colleges, universities & professional schools, including junior colleges (579,082 people).

Majors Awarded

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

Other Practical Nursing, Vocational Nursing, & Nursing Assistants

Most Common (2023)

181 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Pennsylvania Institute of Technology was Other Practical Nursing, Vocational Nursing, & Nursing Assistants with 181 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

209

Degrees Awarded to Women

in 2023

In 2023, 24 degrees were awarded to men at Pennsylvania Institute of Technology, which is 0.115 times less than the number of degrees awarded to females (209).

This chart displays the sex disparity between the top 5 majors at Pennsylvania Institute of Technology by degrees awarded.

Most Common Male Majors

In 2023, 8 degrees were awarded to men at Pennsylvania Institute of Technology in Other Practical Nursing, Vocational Nursing, & Nursing Assistants, which is 0.0452 times less than the 177 female recipients with that same degree.

Most Common Female Majors

In 2023, 177 degrees were awarded to men at Pennsylvania Institute of Technology in Other Practical Nursing, Vocational Nursing, & Nursing Assistants, which is 22.1 times more than the 8 male recipients with that same degree.

Time to Complete

74%

100% Completion Time

74%

150% Completion Time

In 2020, 74% of students graduating from Pennsylvania Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 74% within 200%.

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

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Pennsylvania Institute of Technology is Female and American Indian or Alaska Native (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (74.3%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

Black or African American
164 degrees awarded
White
38 degrees awarded
Two or More Races
8 degrees awarded

The most common race/ethnicity at Pennsylvania Institute of Technology is black or african american (164 degrees awarded). There were 4.32 times more black or african american recipients than the next closest race/ethnicity group, white (38 degrees).

4.72% of degree recipients (11 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Black or African American Female
152 degrees awarded
White Female
28 degrees awarded
Black or African American Male
12 degrees awarded

The most common race/ethnicity and sex grouping at Pennsylvania Institute of Technology is black or african american female (152 degrees awarded). There were 5.43 times more black or african american female recipients than the next closest race/ethnicity group, white female (28 degrees).

Operations

Pennsylvania Institute of Technology has an endowment valued at nearly $1.58M, as of the end of the 2023 fiscal year. The return on its endowment was of 173k (11%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.

In 2023, Pennsylvania Institute of Technology had a total salary expenditure of 11M. Pennsylvania Institute of Technology employs 14 Instructors. Most academics at Pennsylvania Institute of Technology are Female Instructor (11), and Male Instructor (3).

The most common positions for non-instructional staff at Pennsylvania Institute of Technology are: Office and Administrative Support, with 26 employees, Management, with 8 employees, and Service with 4 employees.

Endowment

$1.58M

2023 Endowment

20.1%

decline from 2022

Pennsylvania Institute of Technology has an endowment valued at about $1.58M, as of the end of the 2023 fiscal year. The endowment of Pennsylvania Institute of Technology declined 20.1% from the previous year. The value of their endowment was $4.22M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Pennsylvania 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 Associates Colleges: High Career & Technical-High Nontraditional Carnegie Classification grouping.

Salary Expenditure

$6.03M

2023 Salaries

14.8%

growth from 2022

In 2023, Pennsylvania Institute of Technology paid a median of $6.03M in salaries, which represents 54.7% of their overall expenditure ($11M) and a 14.8% growth from the previous year. This is compared to a 23.8% growth between 2021 and 2022, and a 1.37% growth between 2020 and 2021.

Instructional Salaries

$1.16M

Instructional Salaries

Number of Employees

In 2023, Pennsylvania Institute of Technology paid a total of $1.16M to 14 employees working as instructors, which represents 19.2% of all salaries paid.

This is compared to a median of $731k (4.21%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

14 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

26 Employees

In 2023, the most common positions for instructional staff at Pennsylvania Institute of Technology was Instructor with 14 employees.

In 2023, the most common positions for non-instructional staff at Pennsylvania Institute of Technology were Office and Administrative Support with 26 employees, Management with 8 employees, and Service with 4 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Instructor
Male Instructor

In 2023, the most common demographic for instructional staff at Pennsylvania Institute of Technology was Female Instructor with 11 employees, and Male Instructor with 3 employees.

This chart shows the sex split between each academic rank present at Pennsylvania Institute of Technology.

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