Milan Institute-Sparks

www.milaninstitute.edu

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2022 Average Net Price

$31,008

After Financial Aid

2019 Default Rate

1.76%

on Student Loans

2022 Enrolled Students

100% Full-Time

About

Milan Institute-Sparks is a higher education institution located in Washoe County, NV. In 2019, the most popular < 1 Year Postsecondary Certificate concentrations at Milan Institute-Sparks were Nursing Assistant & Patient Care Assistant (51 degrees awarded), Medical Assistant (38 degrees), and Dental Assisting (34 degrees).

In 2022, 89 degrees were awarded across all undergraduate and graduate programs at Milan Institute-Sparks. 91% of these degrees were awarded to women, and 8.99% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (44 degrees), 1.47 times more than then the next closest race/ethnicity group, white (30 degrees).

In 2019 the default rate for borrower's at Milan Institute-Sparks was 1.76%, corresponding to 6 out of the 341 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 $31,008.

In 2022, 70% of undergraduate students attending Milan Institute-Sparks received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Average Net Price

$31,008

2022 Value

3.57%

1 Year Growth

In 2022 Milan Institute-Sparks had an average net price — the price paid after factoring in grants and loans — of $31,008. Between 2021 and 2022, the average net price of Milan Institute-Sparks grew by 3.57%.

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

70%

Undergraduates Receiving Financial Aid through Grants

67%

Undergraduates Receiving Financial Aid through Loans

70% of undergraduate students at Milan Institute-Sparks received financial aid through grants or loans in 2022. This represents a growth of 22.8% with respect to 2021, when 57% of undergraduate students received financial aid.

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

1.76%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Milan Institute-Sparks was 1.76%, which represents 6 out of the 341 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-Sparks had a total enrollment of 69 students in 2022. The full-time enrollment at Milan Institute-Sparks is 69 students and the part-time enrollment is 0. This means that 100% of students enrolled at Milan Institute-Sparks are enrolled full-time.

The enrolled student population at Milan Institute-Sparks, both undergraduate and graduate, is 44.9% White, 40.6% Hispanic or Latino, 2.9% Black or African American, and 1.45% Two or More Races.

Students enrolled at Milan Institute-Sparks in full-time Undergraduate programs are most commonly Hispanic or Latino Female (40.6%), followed by White Female (37.7%) and White Male (7.25%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Milan Institute-Sparks in 2022, both undergraduate and graduate, is 69 students. The full-time enrollment at Milan Institute-Sparks is 69 and the part-time enrollment is 0.

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

Retention Rate over Time

83%

2021 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-Sparks was 83%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
31 enrolled students
Hispanic or Latino
28 enrolled students
Black or African American
2 enrolled students

The enrolled student population at Milan Institute-Sparks is 44.9% White, 40.6% Hispanic or Latino, 2.9% Black or African American, and 1.45% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 73 more women than men received degrees from Milan Institute-Sparks. The most common race/ethnicity group of degree recipients at Milan Institute-Sparks is hispanic or latino (44 degrees awarded). There were 1.47 times more hispanic or latino recipients than the next closest race/ethnicity group, white (30 degrees).

The most common < 1 Year Postsecondary Certificate concentration at Milan Institute-Sparks is Nursing Assistant & Patient Care Assistant (51 degrees awarded), followed by Medical Assistant (38 degrees) and Dental Assisting (34 degrees).

In 2022, the most specialized majors across all degree types at Milan Institute-Sparks, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (89 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 Milan Institute-Sparks 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 Milan Institute-Sparks in 2022 are Health (89 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 Milan Institute-Sparks are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at Milan Institute-Sparks are Health (89 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 Milan Institute-Sparks 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 Milan Institute-Sparks are Health (89 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 Milan Institute-Sparks.

Most Common (2019)

Nursing Assistant & Patient Care Assistant
51 degrees awarded
Medical Assistant
38 degrees awarded
Dental Assisting
34 degrees awarded

In 2019, the most common < 1 year postsecondary certificate concentration at Milan Institute-Sparks was Nursing Assistant & Patient Care Assistant with 51 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 8 degrees were awarded to men at Milan Institute-Sparks, which is 0.0988 times less than the number of degrees awarded to females (81).

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

Most Common Male Majors

In 2022, 6 degrees were awarded to men at Milan Institute-Sparks in Massage Therapy, which is 0.3 times less than the 20 female recipients with that same degree.

Most Common Female Majors

In 2022, 38 degrees were awarded to women at Milan Institute-Sparks in Medical Assistant. There were no male recipients with the same degree.

Time to Complete

20%

100% Completion Time

75%

150% Completion Time

In 2022, 20% of students graduating from Milan Institute-Sparks completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 75% completed their degrees within 150% of the normal time, and 77% 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
44 degrees awarded
White
30 degrees awarded
American Indian or Alaska Native
5 degrees awarded

The most common race/ethnicity at Milan Institute-Sparks is hispanic or latino (44 degrees awarded). There were 1.47 times more hispanic or latino recipients than the next closest race/ethnicity group, white (30 degrees).

4.49% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Hispanic or Latino Female
41 degrees awarded
White Female
27 degrees awarded
American Indian or Alaska Native Female
5 degrees awarded

The most common race/ethnicity and sex grouping at Milan Institute-Sparks is hispanic or latino female (41 degrees awarded). There were 1.52 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (27 degrees).

Operations

Salary Expenditure

$614k

2022 Salaries

1.36%

growth from 2021

In 2022, Milan Institute-Sparks paid a median of $614k in salaries, a 1.36% growth from the previous year. This is compared to a 18.5% decline between 2020 and 2021, and a 13.4% decline between 2019 and 2020.

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

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