Elite Welding Academy

https://www.eliteweldingacademy.com

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2022 Average Net Price

$21,490

After Financial Aid

2019 Default Rate

3.57%

on Student Loans

2022 Enrolled Students

100% Full-Time

About

Elite Welding Academy is a higher education institution located in Harris County, TX. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Elite Welding Academy were Welding Technology (41 degrees awarded).

In 2022, 41 degrees were awarded across all undergraduate and graduate programs at Elite Welding Academy. 12.2% of these degrees were awarded to women, and 87.8% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (24 degrees), 2.67 times more than then the next closest race/ethnicity group, black or african american (9 degrees).

In 2019 the default rate for borrower's at Elite Welding Academy was 3.57%, corresponding to 2 out of the 56 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 $21,490.

In 2022, 67% of undergraduate students attending Elite Welding Academy received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Average Net Price

$21,490

2022 Value

1.2%

1 Year Growth

In 2022 Elite Welding Academy had an average net price — the price paid after factoring in grants and loans — of $21,490. Between 2021 and 2022, the average net price of Elite Welding Academy grew by 1.2%.

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

67%

Undergraduates Receiving Financial Aid through Grants

45%

Undergraduates Receiving Financial Aid through Loans

67% of undergraduate students at Elite Welding Academy received financial aid through grants or loans in 2022. This represents a decline of 2.9% with respect to 2021, when 69% of undergraduate students received financial aid.

This chart compares the average award discount at Elite Welding Academy (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.

3.57%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Elite Welding Academy 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.

Enrollment

Elite Welding Academy had a total enrollment of 20 students in 2022. The full-time enrollment at Elite Welding Academy is 20 students and the part-time enrollment is 0. This means that 100% of students enrolled at Elite Welding Academy are enrolled full-time.

The enrolled student population at Elite Welding Academy, both undergraduate and graduate, is 65% Hispanic or Latino, 15% White, and 10% Black or African American.

Students enrolled at Elite Welding Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Male (60%), followed by White Male (15%) and Black or African American Male (10%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Elite Welding Academy in 2022, both undergraduate and graduate, is 20 students. The full-time enrollment at Elite Welding Academy is 20 and the part-time enrollment is 0.

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

Retention Rate over Time

88%

2022 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 Elite Welding Academy was 88%.

This chart shows the retention rate over time at Elite Welding Academy (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Hispanic or Latino
13 enrolled students
White
3 enrolled students
Black or African American
2 enrolled students

The enrolled student population at Elite Welding Academy is 65% Hispanic or Latino, 15% White, and 10% Black or African American. 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, 1 students (5%) did not report their race.

Graduates

In 2022, 31 fewer women than men received degrees from Elite Welding Academy. The most common race/ethnicity group of degree recipients at Elite Welding Academy is hispanic or latino (24 degrees awarded). There were 2.67 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (9 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Elite Welding Academy is Welding Technology (41 degrees awarded).

In 2022, the most specialized majors across all degree types at Elite Welding Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (41 degrees awarded).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Elite Welding Academy 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 in 2022 are Precision Production (41 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 Elite Welding Academy 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 are Precision Production (41 degrees awarded) (as of 2022).

Common Industries by Major

Elementary & secondary schools

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 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 are Precision Production (41 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 Elite Welding Academy.

Welding Technology

Most Common (2022)

41 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Elite Welding Academy was Welding Technology with 41 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 36 degrees were awarded to men at Elite Welding Academy, which is 7.2 times more than the number of degrees awarded to females (5).

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

Most Common Male Majors

In 2022, 36 degrees were awarded to men at Elite Welding Academy in Welding Technology, which is 7.2 times more than the 5 female recipients with that same degree.

Most Common Female Majors

In 2022, 5 degrees were awarded to men at Elite Welding Academy in Welding Technology, which is 0.139 times less than the 36 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

Hispanic or Latino
24 degrees awarded
Black or African American
9 degrees awarded
White
7 degrees awarded

The most common race/ethnicity at Elite Welding Academy is hispanic or latino (24 degrees awarded). There were 2.67 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (9 degrees).

2.44% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Hispanic or Latino Male
23 degrees awarded
White Male
7 degrees awarded
Black or African American Male
6 degrees awarded

The most common race/ethnicity and sex grouping at Elite Welding Academy is hispanic or latino male (23 degrees awarded). There were 3.29 times more hispanic or latino male recipients than the next closest race/ethnicity group, white male (7 degrees).

Operations

Salary Expenditure

$375k

2022 Salaries

46.2%

growth from 2021

In 2022, Elite Welding Academy paid a median of $375k in salaries, a 46.2% growth from the previous year. This is compared to a 260% growth between 2020 and 2021.

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