Pennco Tech-Blackwood

www.penncotech.edu

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2022 Average Net Price

$20,632

After Financial Aid

2019 Default Rate

3.7%

on Student Loans

2022 Enrolled Students

886

68.6% Full-Time

2022 Graduation Rate

61.7%

208 Graduates

About

Pennco Tech-Blackwood is a higher education institution located in Camden County, NJ. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Pennco Tech-Blackwood were HVAC Maintenance (165 degrees awarded), Electrician (160 degrees), and Autobody & Collision Repair Technology (42 degrees).

In 2022, 553 degrees were awarded across all undergraduate and graduate programs at Pennco Tech-Blackwood. 19.2% of these degrees were awarded to women, and 80.8% awarded men. The most common race/ethnicity group of degree recipients was white (213 degrees), 1.28 times more than then the next closest race/ethnicity group, hispanic or latino (167 degrees).

In 2019 the default rate for borrower's at Pennco Tech-Blackwood was 3.7%, corresponding to 17 out of the 460 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 $20,632.

In 2022, 69% of undergraduate students attending Pennco Tech-Blackwood received financial aid through grants. Comparatively, 56% of undergraduate students received financial aid through loans.

Average Net Price

$20,632

2022 Value

1.8%

1 Year Growth

In 2022 Pennco Tech-Blackwood had an average net price — the price paid after factoring in grants and loans — of $20,632. Between 2021 and 2022, the average net price of Pennco Tech-Blackwood grew by 1.8%.

This chart compares the average net price of Pennco Tech-Blackwood (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

69%

Undergraduates Receiving Financial Aid through Grants

56%

Undergraduates Receiving Financial Aid through Loans

69% of undergraduate students at Pennco Tech-Blackwood received financial aid through grants or loans in 2022. This represents a growth of 6.15% with respect to 2021, when 65% of undergraduate students received financial aid.

This chart compares the average award discount at Pennco Tech-Blackwood (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.

3.7%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Pennco Tech-Blackwood was 3.7%, which represents 17 out of the 460 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

Pennco Tech-Blackwood had a total enrollment of 886 students in 2022. The full-time enrollment at Pennco Tech-Blackwood is 608 students and the part-time enrollment is 278. This means that 68.6% of students enrolled at Pennco Tech-Blackwood are enrolled full-time.

The enrolled student population at Pennco Tech-Blackwood, both undergraduate and graduate, is 32.7% Hispanic or Latino, 32.2% White, 31.3% Black or African American, 2.6% Asian, 0.903% Two or More Races, 0.226% American Indian or Alaska Native, and 0.113% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Pennco Tech-Blackwood in full-time Undergraduate programs are most commonly Hispanic or Latino Male (29.6%), followed by Black or African American Male (27.6%) and White Male (24.8%).

Full-Time vs Part-Time Enrollment

68.6%

Full-Time Enrollment

The total enrollment at Pennco Tech-Blackwood in 2022, both undergraduate and graduate, is 886 students. The full-time enrollment at Pennco Tech-Blackwood is 608 and the part-time enrollment is 278.

This chart shows the full-time vs part-time enrollment status at Pennco Tech-Blackwood (in red) compares to similar universities.

Retention Rate over Time

71%

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 Pennco Tech-Blackwood was 71%.

This chart shows the retention rate over time at Pennco Tech-Blackwood (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Hispanic or Latino
290 enrolled students
White
285 enrolled students
Black or African American
277 enrolled students

The enrolled student population at Pennco Tech-Blackwood is 32.7% Hispanic or Latino, 32.2% White, 31.3% Black or African American, 2.6% Asian, 0.903% Two or More Races, 0.226% American Indian or Alaska Native, and 0.113% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 341 fewer women than men received degrees from Pennco Tech-Blackwood. The most common race/ethnicity group of degree recipients at Pennco Tech-Blackwood is white (213 degrees awarded). There were 1.28 times more white recipients than the next closest race/ethnicity group, hispanic or latino (167 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Pennco Tech-Blackwood is HVAC Maintenance (165 degrees awarded), followed by Electrician (160 degrees) and Autobody & Collision Repair Technology (42 degrees).

In 2022, the most specialized majors across all degree types at Pennco Tech-Blackwood, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (160 degrees awarded), Mechanical Technologies (298 degrees), and Health (95 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 Pennco Tech-Blackwood are Registered nurses (1,395,243 people), Medical & health services managers (151,153 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,776 people).

The most specialized majors at Pennco Tech-Blackwood in 2022 are Construction (160 degrees awarded), Mechanical Technologies (298 degrees), and Health (95 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 Pennco Tech-Blackwood are Surgeons, Chief executives & legislators, Physicians, Podiatrists, and Nurse anesthetists

The most specialized majors at Pennco Tech-Blackwood are Construction (160 degrees awarded), Mechanical Technologies (298 degrees), and Health (95 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 Pennco Tech-Blackwood are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,483,160 people), Outpatient care centers (237,927 people), Elementary & secondary schools (217,755 people), Offices of physicians (202,251 people), and Colleges, universities & professional schools, including junior colleges (131,835 people).

The most specialized majors at Pennco Tech-Blackwood are Construction (160 degrees awarded), Mechanical Technologies (298 degrees), and Health (95 degrees) (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 Pennco Tech-Blackwood.

Most Common (2022)

HVAC Maintenance
165 degrees awarded
Electrician
160 degrees awarded
Autobody & Collision Repair Technology
42 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Pennco Tech-Blackwood was HVAC Maintenance with 165 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Pennco Tech-Blackwood according to their major.

Sex Breakdown for Common Majors

447

Degrees Awarded to Men

in 2022

106

Degrees Awarded to Women

in 2022

In 2022, 447 degrees were awarded to men at Pennco Tech-Blackwood, which is 4.22 times more than the number of degrees awarded to females (106).

This chart displays the sex disparity between the top 5 majors at Pennco Tech-Blackwood by degrees awarded.

Most Common Male Majors

In 2022, 161 degrees were awarded to men at Pennco Tech-Blackwood in HVAC Maintenance, which is 40.3 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2022, 71 degrees were awarded to men at Pennco Tech-Blackwood in Medical Administrative Assistant, which is 10.1 times more than the 7 male recipients with that same degree.

Time to Complete

24%

100% Completion Time

71%

150% Completion Time

In 2022, 24% of students graduating from Pennco Tech-Blackwood completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 71% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Pennco Tech-Blackwood is Female and Two or More Races (100% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
213 degrees awarded
Hispanic or Latino
167 degrees awarded
Black or African American
149 degrees awarded

The most common race/ethnicity at Pennco Tech-Blackwood is white (213 degrees awarded). There were 1.28 times more white recipients than the next closest race/ethnicity group, hispanic or latino (167 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
175 degrees awarded
Hispanic or Latino Male
125 degrees awarded
Black or African American Male
124 degrees awarded

The most common race/ethnicity and sex grouping at Pennco Tech-Blackwood is white male (175 degrees awarded). There were 1.4 times more white male recipients than the next closest race/ethnicity group, hispanic or latino male (125 degrees).

Operations

Salary Expenditure

$6.23M

2022 Salaries

3.7%

decline from 2021

In 2022, Pennco Tech-Blackwood paid a median of $6.23M in salaries, a 3.7% decline from the previous year. This is compared to a 60.9% growth between 2020 and 2021, and a 7.79% growth between 2019 and 2020.

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

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