Milan Institute-Sparks

www.milaninstitute.edu

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2023 Average Net Price
$27,104
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
166
100% Full-Time

About

Milan Institute-Sparks is a higher education institution located in Washoe County, NV. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Milan Institute-Sparks were Aesthetician & Skin Care Specialist (17 degrees awarded), Massage Therapy (16 degrees), and Medical Assistant (14 degrees).

In 2023, 60 degrees were awarded across all undergraduate and graduate programs at Milan Institute-Sparks. 91.7% of these degrees were awarded to women, and 8.33% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (26 degrees), 1.04 times more than then the next closest race/ethnicity group, white (25 degrees).

In 2020 the default rate for borrower's at Milan Institute-Sparks was 0%, corresponding to 0 out of the 411 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 $27,104.

In 2023, 55% of undergraduate students attending Milan Institute-Sparks received financial aid through grants. Comparatively, 59% of undergraduate students received financial aid through loans.

Average Net Price

$27,104
2023 Value
12.6%
1 Year Growth

In 2023 Milan Institute-Sparks had an average net price — the price paid after factoring in grants and loans — of $27,104. Between 2022 and 2023, the average net price of Milan Institute-Sparks grew by 12.6%.

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.

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Financial Aid by Income Level

55%
Undergraduates Receiving Financial Aid through Grants
59%
Undergraduates Receiving Financial Aid through Loans

55% of undergraduate students at Milan Institute-Sparks received financial aid through grants or loans in 2023. This represents a decline of 21.4% with respect to 2022, when 70% 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.

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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Milan Institute-Sparks was 0%, which represents 0 out of the 411 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

Milan Institute-Sparks had a total enrollment of 166 students in 2023. The full-time enrollment at Milan Institute-Sparks is 166 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 46.4% Hispanic or Latino, 36.1% White, 6.02% Two or More Races, 4.22% Black or African American, 3.61% Asian, 1.81% American Indian or Alaska Native, and 0.602% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Milan Institute-Sparks in full-time Undergraduate programs are most commonly Hispanic or Latino Female (43.8%), followed by White Female (35.7%) and Two or More Races Female (4.68%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Milan Institute-Sparks in 2023, both undergraduate and graduate, is 166 students. The full-time enrollment at Milan Institute-Sparks is 166 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Hispanic or Latino
    77 enrolled students
  2. White
    60 enrolled students
  3. Two or More Races
    10 enrolled students

The enrolled student population at Milan Institute-Sparks is 46.4% Hispanic or Latino, 36.1% White, 6.02% Two or More Races, 4.22% Black or African American, 3.61% Asian, 1.81% American Indian or Alaska Native, and 0.602% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 50 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 (26 degrees awarded). There were 1.04 times more hispanic or latino recipients than the next closest race/ethnicity group, white (25 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Milan Institute-Sparks is Aesthetician & Skin Care Specialist (17 degrees awarded), followed by Massage Therapy (16 degrees) and Medical Assistant (14 degrees).

In 2023,  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 Personal & Culinary Services (17 degrees awarded) and Health (43 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 Milan Institute-Sparks are Registered nurses (1,452,593 people), Medical & health services managers (156,374 people), Nurse practitioners & nurse midwives (152,116 people), Pharmacists (133,517 people), and Physicians (108,029 people).

The most specialized majors at Milan Institute-Sparks in 2023 are Personal & Culinary Services (17 degrees awarded) and Health (43 degrees) (as of 2023).

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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 Personal & Culinary Services (17 degrees awarded) and Health (43 degrees) (as of 2023).

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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 Personal & Culinary Services (17 degrees awarded) and Health (43 degrees) (as of 2023).

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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 Milan Institute-Sparks.
Most Common (2023)
  1. Aesthetician & Skin Care Specialist
    17 degrees awarded
  2. Massage Therapy
    16 degrees awarded
  3. Medical Assistant
    14 degrees awarded

In 2023, the most common N/A concentration at Milan Institute-Sparks was Aesthetician & Skin Care Specialist with 17 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Milan Institute-Sparks according to their major.

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Sex Breakdown for Common Majors

5
Degrees Awarded to Men
in 2023
55
Degrees Awarded to Women
in 2023

In 2023, 5 degrees were awarded to men at Milan Institute-Sparks, which is 0.0909 times less than the number of degrees awarded to females (55).

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

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Most Common Male Majors

In 2023, 5 degrees were awarded to men at Milan Institute-Sparks in Massage Therapy, which is 0.455 times less than the 11 female recipients with that same degree.

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Most Common Female Majors

In 2023, 17 degrees were awarded to women at Milan Institute-Sparks in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

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Time to Complete

6%
100% Completion Time
64%
150% Completion Time

In 2023, 6% of students graduating from Milan Institute-Sparks completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 64% completed their degrees within 150% of the normal time, and 69% 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 (2023)
  1. Hispanic or Latino
    26 degrees awarded
  2. White
    25 degrees awarded
  3. Black or African American
    3 degrees awarded

The most common race/ethnicity at Milan Institute-Sparks is hispanic or latino (26 degrees awarded). There were 1.04 times more hispanic or latino recipients than the next closest race/ethnicity group, white (25 degrees).

8.33% of degree recipients (5 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    26 degrees awarded
  2. White Female
    21 degrees awarded
  3. White Male
    4 degrees awarded

The most common race/ethnicity and sex grouping at Milan Institute-Sparks is hispanic or latino female (26 degrees awarded). There were 1.24 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (21 degrees).

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Operations

Salary Expenditure

$559k
2023 Salaries
9.04%
decline from 2022

In 2023, Milan Institute-Sparks paid a median of $559k in salaries, a 9.04% decline from the previous year. This is compared to a 1.36% growth between 2021 and 2022, and a 18.5% decline between 2020 and 2021.

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

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