Advantage Career Institute (490896)

www.aci.edu

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2022 Average Net Price

$11,511

After Financial Aid

2019 Default Rate

2.94%

on Student Loans

2022 Enrolled Students

100

66% Full-Time

About

Advantage Career Institute (490896) is a higher education institution located in Monmouth County, NJ. In 2019, the most popular < 1 Year Postsecondary Certificate concentrations at Advantage Career Institute (490896) were Medical Assistant (141 degrees awarded), Dental Assisting (52 degrees), and Medical Office Assistant (50 degrees).

In 2022, 171 degrees were awarded across all undergraduate and graduate programs at Advantage Career Institute (490896). 90.6% of these degrees were awarded to women, and 9.36% awarded men. The most common race/ethnicity group of degree recipients was white (77 degrees), 1.57 times more than then the next closest race/ethnicity group, hispanic or latino (49 degrees).

In 2019 the default rate for borrower's at Advantage Career Institute (490896) was 2.94%, corresponding to 1 out of the 34 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 $11,511.

In 2022, 40% of undergraduate students attending Advantage Career Institute (490896) received financial aid through grants. Comparatively, 27% of undergraduate students received financial aid through loans.

Average Net Price

$11,511

2022 Value

39.2%

1 Year Growth

In 2022 Advantage Career Institute (490896) had an average net price — the price paid after factoring in grants and loans — of $11,511. Between 2021 and 2022, the average net price of Advantage Career Institute (490896) grew by 39.2%.

This chart compares the average net price of Advantage Career Institute (490896) (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

40%

Undergraduates Receiving Financial Aid through Grants

27%

Undergraduates Receiving Financial Aid through Loans

40% of undergraduate students at Advantage Career Institute (490896) received financial aid through grants or loans in 2022. This represents a growth of 11.1% with respect to 2021, when 36% of undergraduate students received financial aid.

This chart compares the average award discount at Advantage Career Institute (490896) (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.

2.94%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Advantage Career Institute (490896) was 2.94%, which represents 1 out of the 34 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

Advantage Career Institute (490896) had a total enrollment of 100 students in 2022. The full-time enrollment at Advantage Career Institute (490896) is 66 students and the part-time enrollment is 34. This means that 66% of students enrolled at Advantage Career Institute (490896) are enrolled full-time.

The enrolled student population at Advantage Career Institute (490896), both undergraduate and graduate, is 44% White, 28% Hispanic or Latino, 23% Black or African American, and 4% Asian.

Students enrolled at Advantage Career Institute (490896) in full-time Undergraduate programs are most commonly White Female (42.4%), followed by Hispanic or Latino Female (30.3%) and Black or African American Female (18.2%).

Full-Time vs Part-Time Enrollment

66%

Full-Time Enrollment

The total enrollment at Advantage Career Institute (490896) in 2022, both undergraduate and graduate, is 100 students. The full-time enrollment at Advantage Career Institute (490896) is 66 and the part-time enrollment is 34.

This chart shows the full-time vs part-time enrollment status at Advantage Career Institute (490896) (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
44 enrolled students
Hispanic or Latino
28 enrolled students
Black or African American
23 enrolled students

The enrolled student population at Advantage Career Institute (490896) is 44% White, 28% Hispanic or Latino, 23% Black or African American, and 4% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 139 more women than men received degrees from Advantage Career Institute (490896). The most common race/ethnicity group of degree recipients at Advantage Career Institute (490896) is white (77 degrees awarded). There were 1.57 times more white recipients than the next closest race/ethnicity group, hispanic or latino (49 degrees).

The most common < 1 Year Postsecondary Certificate concentration at Advantage Career Institute (490896) is Medical Assistant (141 degrees awarded), followed by Dental Assisting (52 degrees) and Medical Office Assistant (50 degrees).

In 2022, the most specialized majors across all degree types at Advantage Career Institute (490896), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (171 degrees awarded).

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 Advantage Career Institute (490896) are Registered nurses (1,394,826 people), Medical & health services managers (151,000 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Advantage Career Institute (490896) in 2022 are Health (171 degrees awarded) (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 Advantage Career Institute (490896) are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at Advantage Career Institute (490896) are Health (171 degrees awarded) (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 Advantage Career Institute (490896) are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,482,206 people), Outpatient care centers (237,556 people), Elementary & secondary schools (215,578 people), Offices of physicians (201,917 people), and Colleges, universities & professional schools, including junior colleges (129,843 people).

The most specialized majors at Advantage Career Institute (490896) are Health (171 degrees awarded) (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 Advantage Career Institute (490896).

Most Common (2019)

Medical Assistant
141 degrees awarded
Dental Assisting
52 degrees awarded
Medical Office Assistant
50 degrees awarded

In 2019, the most common < 1 year postsecondary certificate concentration at Advantage Career Institute (490896) was Medical Assistant with 141 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from < 1 year postsecondary certificate programs at Advantage Career Institute (490896) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

155

Degrees Awarded to Women

in 2022

In 2022, 16 degrees were awarded to men at Advantage Career Institute (490896), which is 0.103 times less than the number of degrees awarded to females (155).

This chart displays the sex disparity between the top 5 majors at Advantage Career Institute (490896) by degrees awarded.

Most Common Male Majors

In 2022, 8 degrees were awarded to men at Advantage Career Institute (490896) in Medical Assistant, which is 0.116 times less than the 69 female recipients with that same degree.

Most Common Female Majors

In 2022, 69 degrees were awarded to men at Advantage Career Institute (490896) in Medical Assistant, which is 8.63 times more than the 8 male recipients with that same degree.

Time to Complete

86%

100% Completion Time

92%

150% Completion Time

In 2022, 86% of students graduating from Advantage Career Institute (490896) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 92% completed their degrees within 150% of the normal time, and 92% 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)

White
77 degrees awarded
Hispanic or Latino
49 degrees awarded
Black or African American
40 degrees awarded

The most common race/ethnicity at Advantage Career Institute (490896) is white (77 degrees awarded). There were 1.57 times more white recipients than the next closest race/ethnicity group, hispanic or latino (49 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
72 degrees awarded
Hispanic or Latino Female
45 degrees awarded
Black or African American Female
33 degrees awarded

The most common race/ethnicity and sex grouping at Advantage Career Institute (490896) is white female (72 degrees awarded). There were 1.6 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (45 degrees).

Operations

Salary Expenditure

$720k

2022 Salaries

17.9%

decline from 2021

In 2022, Advantage Career Institute (490896) paid a median of $720k in salaries, a 17.9% decline from the previous year. This is compared to a 10.2% growth between 2020 and 2021, and a 4.42% growth between 2019 and 2020.

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