Millennium Training Institute (451264)

www.millennium.edu

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2021 Average Net Price

$27,453

After Financial Aid

2019 Default Rate

on Student Loans

2021 Enrolled Students

125

100% Full-Time

About

Millennium Training Institute (451264) is a higher education institution located in Middlesex County, MA. In 2019, the most popular < 1 Year Postsecondary Certificate concentrations at Millennium Training Institute (451264) were Accounting Technology & Bookkeeping (23 degrees awarded), Medical Insurance Specialist (18 degrees), and Medical Assistant (17 degrees).

In 2022, 74 degrees were awarded across all undergraduate and graduate programs at Millennium Training Institute (451264). 87.8% of these degrees were awarded to women, and 12.2% awarded men. The most common race/ethnicity group of degree recipients was white (31 degrees), 1.41 times more than then the next closest race/ethnicity group, black or african american (22 degrees).

In 2019 the default rate for borrower's at Millennium Training Institute (451264) was 0%, corresponding to 0 out of the 65 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 $27,453.

In 2021, 44% of undergraduate students attending Millennium Training Institute (451264) received financial aid through grants. Comparatively, 18% of undergraduate students received financial aid through loans.

Average Net Price

$27,453

2021 Value

41.6%

1 Year Growth

In 2021 Millennium Training Institute (451264) had an average net price — the price paid after factoring in grants and loans — of $27,453. Between 2020 and 2021, the average net price of Millennium Training Institute (451264) grew by 41.6%.

This chart compares the average net price of Millennium Training Institute (451264) (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

44%

Undergraduates Receiving Financial Aid through Grants

18%

Undergraduates Receiving Financial Aid through Loans

44% of undergraduate students at Millennium Training Institute (451264) received financial aid through grants or loans in 2021. This represents a decline of 33.3% with respect to 2020, when 66% of undergraduate students received financial aid.

This chart compares the average award discount at Millennium Training Institute (451264) (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.

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Millennium Training Institute (451264) was 0%, which represents 0 out of the 65 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

Millennium Training Institute (451264) had a total enrollment of 125 students in 2021. The full-time enrollment at Millennium Training Institute (451264) is 125 students and the part-time enrollment is 0. This means that 100% of students enrolled at Millennium Training Institute (451264) are enrolled full-time.

The enrolled student population at Millennium Training Institute (451264), both undergraduate and graduate, is 32.8% White, 31.2% Black or African American, 20% Hispanic or Latino, 6.4% Asian, 4% Two or More Races, and 0.8% American Indian or Alaska Native.

Students enrolled at Millennium Training Institute (451264) in full-time Undergraduate programs are most commonly White Female (29.6%), followed by Black or African American Female (26.4%) and Hispanic or Latino Female (19.2%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Millennium Training Institute (451264) in 2021, both undergraduate and graduate, is 125 students. The full-time enrollment at Millennium Training Institute (451264) is 125 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Millennium Training Institute (451264) (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
41 enrolled students
Black or African American
39 enrolled students
Hispanic or Latino
25 enrolled students

The enrolled student population at Millennium Training Institute (451264) is 32.8% White, 31.2% Black or African American, 20% Hispanic or Latino, 6.4% Asian, 4% Two or More Races, and 0.8% American Indian or Alaska Native. 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, 0 students (0%) did not report their race.

Graduates

In 2022, 56 more women than men received degrees from Millennium Training Institute (451264). The most common race/ethnicity group of degree recipients at Millennium Training Institute (451264) is white (31 degrees awarded). There were 1.41 times more white recipients than the next closest race/ethnicity group, black or african american (22 degrees).

The most common < 1 Year Postsecondary Certificate concentration at Millennium Training Institute (451264) is Accounting Technology & Bookkeeping (23 degrees awarded), followed by Medical Insurance Specialist (18 degrees) and Medical Assistant (17 degrees).

In 2022, the most specialized majors across all degree types at Millennium Training Institute (451264), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (56 degrees awarded), Computer and Information Sciences and Support Services (6 degrees), and Business (12 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 Millennium Training Institute (451264) are Registered nurses (1,481,285 people), Accountants & auditors (1,048,028 people), Other managers (808,768 people), Software developers (664,254 people), and Financial managers (504,628 people).

The most specialized majors at Millennium Training Institute (451264) in 2022 are Health (56 degrees awarded), Computer and Information Sciences and Support Services (6 degrees), and Business (12 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 Millennium Training Institute (451264) are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Magnetic resonance imaging technologists

The most specialized majors at Millennium Training Institute (451264) are Health (56 degrees awarded), Computer and Information Sciences and Support Services (6 degrees), and Business (12 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 Millennium Training Institute (451264) are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,825,671 people), Computer Systems Design (1,043,054 people), Elementary & secondary schools (712,921 people), Banking & related activities (536,130 people), and Colleges, universities & professional schools, including junior colleges (518,826 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Millennium Training Institute (451264).

Most Common (2019)

Accounting Technology & Bookkeeping
23 degrees awarded
Medical Insurance Specialist
18 degrees awarded
Medical Assistant
17 degrees awarded

In 2019, the most common < 1 year postsecondary certificate concentration at Millennium Training Institute (451264) was Accounting Technology & Bookkeeping with 23 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from < 1 year postsecondary certificate programs at Millennium Training Institute (451264) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 9 degrees were awarded to men at Millennium Training Institute (451264), which is 0.138 times less than the number of degrees awarded to females (65).

This chart displays the sex disparity between the top 5 majors at Millennium Training Institute (451264) by degrees awarded.

Most Common Male Majors

In 2022, 6 degrees were awarded to men at Millennium Training Institute (451264) in Network & System Administration. There were no female recipients with the same degree.

Most Common Female Majors

In 2022, 28 degrees were awarded to men at Millennium Training Institute (451264) in Medical Insurance Specialist, which is 9.33 times more than the 3 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
31 degrees awarded
Black or African American
22 degrees awarded
Hispanic or Latino
14 degrees awarded

The most common race/ethnicity at Millennium Training Institute (451264) is white (31 degrees awarded). There were 1.41 times more white recipients than the next closest race/ethnicity group, black or african american (22 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
27 degrees awarded
Black or African American Female
19 degrees awarded
Hispanic or Latino Female
13 degrees awarded

The most common race/ethnicity and sex grouping at Millennium Training Institute (451264) is white female (27 degrees awarded). There were 1.42 times more white female recipients than the next closest race/ethnicity group, black or african american female (19 degrees).

Operations

Salary Expenditure

$841k

2021 Salaries

0.655%

growth from 2020

In 2021, Millennium Training Institute (451264) paid a median of $841k in salaries, a 0.655% growth from the previous year. This is compared to a 2.04% growth between 2019 and 2020, and a 7.89% decline between 2018 and 2019.

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

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