Elite Welding Academy South Point

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2022 Average Net Price
$28,190
After Financial Aid
2019 Default Rate
3.57%
on Student Loans
2022 Enrolled Students
8
100% Full-Time

About

Elite Welding Academy South Point is a higher education institution located in Lawrence County, OH. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Elite Welding Academy South Point were Welding Technology (10 degrees awarded).

In 2022, 12 degrees were awarded across all undergraduate and graduate programs at Elite Welding Academy South Point. 8.33% of these degrees were awarded to women, and 91.7% awarded men. The most common race/ethnicity group of degree recipients was white (11 degrees), 11 times more than then the next closest race/ethnicity group, two or more races (1 degrees).

In 2019 the default rate for borrower's at Elite Welding Academy South Point was 3.57%, corresponding to 2 out of the 56 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $28,190.

In 2022, 79% of undergraduate students attending Elite Welding Academy South Point received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Average Net Price

$28,190
2022 Value

In 2022 Elite Welding Academy South Point had an average net price — the price paid after factoring in grants and loans — of $28,190.

This chart compares the average net price of Elite Welding Academy South Point (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

79%
Undergraduates Receiving Financial Aid through Grants
53%
Undergraduates Receiving Financial Aid through Loans

79% of undergraduate students at Elite Welding Academy South Point received financial aid through grants or loans in 2022. This represents a growth of 58% with respect to 2021, when 50% of undergraduate students received financial aid.

This chart compares the average award discount at Elite Welding Academy South Point (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.
3.57%
2019 Default Rate
2
Number of Defaults

In 2019 the default rate for borrower's at Elite Welding Academy South Point was 3.57%, which represents 2 out of the 56 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

Elite Welding Academy South Point had a total enrollment of 8 students in 2022. The full-time enrollment at Elite Welding Academy South Point is 8 students and the part-time enrollment is 0. This means that 100% of students enrolled at Elite Welding Academy South Point are enrolled full-time.

The enrolled student population at Elite Welding Academy South Point, both undergraduate and graduate, is 87.5% White and 12.5% Black or African American.

Students enrolled at Elite Welding Academy South Point in full-time Undergraduate programs are most commonly White Male (87.5%), followed by Black or African American Male (12.5%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Elite Welding Academy South Point in 2022, both undergraduate and graduate, is 8 students. The full-time enrollment at Elite Welding Academy South Point is 8 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Elite Welding Academy South Point (in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    7 enrolled students
  2. Black or African American
    1 enrolled students

The enrolled student population at Elite Welding Academy South Point is 87.5% White and 12.5% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 10 fewer women than men received degrees from Elite Welding Academy South Point. The most common race/ethnicity group of degree recipients at Elite Welding Academy South Point is white (11 degrees awarded). There were 11 times more white recipients than the next closest race/ethnicity group, two or more races (1 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Elite Welding Academy South Point is Welding Technology (10 degrees awarded).

In 2022,  the most specialized majors across all degree types at Elite Welding Academy South Point, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (12 degrees awarded).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Elite Welding Academy South Point are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Elite Welding Academy South Point in 2022 are Precision Production (12 degrees awarded) (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 Elite Welding Academy South Point are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Elite Welding Academy South Point are Precision Production (12 degrees awarded) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Elite Welding Academy South Point are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Elite Welding Academy South Point are Precision Production (12 degrees awarded) (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 Elite Welding Academy South Point.
Most Common (2022)
10 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Elite Welding Academy South Point was Welding Technology with 10 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Elite Welding Academy South Point according to their major.

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Sex Breakdown for Common Majors

11
Degrees Awarded to Men
in 2022
1
Degrees Awarded to Women
in 2022

In 2022, 11 degrees were awarded to men at Elite Welding Academy South Point, which is 11 times more than the number of degrees awarded to females (1).

This chart displays the sex disparity between the top 5 majors at Elite Welding Academy South Point by degrees awarded.

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Most Common Male Majors

In 2022, 11 degrees were awarded to men at Elite Welding Academy South Point in Welding Technology, which is 11 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2022, 1 degrees were awarded to men at Elite Welding Academy South Point in Welding Technology, which is 0.0909 times less than the 11 male recipients with that same degree.

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Time to Complete

75%
100% Completion Time
75%
150% Completion Time

In 2022, 75% of students graduating from Elite Welding Academy South Point 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 75% 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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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    11 degrees awarded
  2. Two or More Races
    1 degrees awarded

The most common race/ethnicity at Elite Welding Academy South Point is white (11 degrees awarded). There were 11 times more white recipients than the next closest race/ethnicity group, two or more races (1 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    10 degrees awarded
  2. Two or More Races Male
    1 degrees awarded
  3. White Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at Elite Welding Academy South Point is white male (10 degrees awarded). There were 10 times more white male recipients than the next closest race/ethnicity group, two or more races male (1 degrees).

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Operations

Salary Expenditure

$111k
2022 Salaries
237%
growth from 2021

In 2022, Elite Welding Academy South Point paid a median of $111k in salaries, a 237% growth from the previous year. This is compared to a 907% growth between 2020 and 2021.

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

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