Arclabs

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2023 Average Net Price
$23,944
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
643
61.4% Full-Time

About

Arclabs is a higher education institution located in Anderson County, SC. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Arclabs were Welding Technology (458 degrees awarded).

In 2023, 475 degrees were awarded across all undergraduate and graduate programs at Arclabs. 7.58% of these degrees were awarded to women, and 92.4% awarded men. The most common race/ethnicity group of degree recipients was white (213 degrees), 1.42 times more than then the next closest race/ethnicity group, hispanic or latino (150 degrees).

In 2020 the default rate for borrower's at Arclabs was 0%, corresponding to 0 out of the 447 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $23,944.

In 2023, 58% of undergraduate students attending Arclabs received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Average Net Price

$23,944
2023 Value
7.42%
1 Year Growth

In 2023 Arclabs had an average net price — the price paid after factoring in grants and loans — of $23,944. Between 2022 and 2023, the average net price of Arclabs grew by 7.42%.

This chart compares the average net price of Arclabs (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

58%
Undergraduates Receiving Financial Aid through Grants
55%
Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at Arclabs received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 58% of undergraduate students received financial aid.

This chart compares the average award discount at Arclabs (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 Arclabs was 0%, which represents 0 out of the 447 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

Arclabs had a total enrollment of 643 students in 2023. The full-time enrollment at Arclabs is 395 students and the part-time enrollment is 248. This means that 61.4% of students enrolled at Arclabs are enrolled full-time.

The enrolled student population at Arclabs, both undergraduate and graduate, is 34.7% White, 31.9% Hispanic or Latino, 25.2% Black or African American, 5.6% Two or More Races, 0.778% Native Hawaiian or Other Pacific Islanders, 0.467% American Indian or Alaska Native, and 0.311% Asian.

Students enrolled at Arclabs in full-time Undergraduate programs are most commonly White Male (34.6%), followed by Hispanic or Latino Male (30.7%) and Black or African American Male (16.8%).

Full-Time vs Part-Time Enrollment

61.4%
Full-Time Enrollment

The total enrollment at Arclabs in 2023, both undergraduate and graduate, is 643 students. The full-time enrollment at Arclabs is 395 and the part-time enrollment is 248.

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

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Retention Rate over Time

88%
2023 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 Arclabs was 88%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    223 enrolled students
  2. Hispanic or Latino
    205 enrolled students
  3. Black or African American
    162 enrolled students

The enrolled student population at Arclabs is 34.7% White, 31.9% Hispanic or Latino, 25.2% Black or African American, 5.6% Two or More Races, 0.778% Native Hawaiian or Other Pacific Islanders, 0.467% American Indian or Alaska Native, and 0.311% Asian. 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, 2 students (0.311%) did not report their race.

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Graduates

In 2023, 403 fewer women than men received degrees from Arclabs. The most common race/ethnicity group of degree recipients at Arclabs is white (213 degrees awarded). There were 1.42 times more white recipients than the next closest race/ethnicity group, hispanic or latino (150 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Arclabs is Welding Technology (458 degrees awarded).

In 2023,  the most specialized majors across all degree types at Arclabs, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (475 degrees awarded).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Arclabs are Other managers (3,930,642 people), Driver/sales workers & truck drivers (2,998,637 people), Registered nurses (2,822,275 people), Elementary & middle school teachers (2,644,301 people), and Firstline supervisors of retail sales workers (2,478,609 people).

The most specialized majors at Arclabs in 2023 are Precision Production (475 degrees awarded) (as of 2023).

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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 Arclabs are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Arclabs are Precision Production (475 degrees awarded) (as of 2023).

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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 Arclabs 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 Arclabs are Precision Production (475 degrees awarded) (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 Arclabs.
Most Common (2023)
458 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Arclabs was Welding Technology with 458 degrees awarded.

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

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Sex Breakdown for Common Majors

439
Degrees Awarded to Men
in 2023
36
Degrees Awarded to Women
in 2023

In 2023, 439 degrees were awarded to men at Arclabs, which is 12.2 times more than the number of degrees awarded to females (36).

This chart displays the sex disparity between the top 5 majors at Arclabs by degrees awarded.

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Most Common Male Majors

In 2023, 439 degrees were awarded to men at Arclabs in Welding Technology, which is 12.2 times more than the 36 female recipients with that same degree.

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Most Common Female Majors

In 2023, 36 degrees were awarded to men at Arclabs in Welding Technology, which is 0.082 times less than the 439 male recipients with that same degree.

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Time to Complete

76%
100% Completion Time
78%
150% Completion Time

In 2023, 76% of students graduating from Arclabs completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 78% completed their degrees within 150% of the normal time, and 78% 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. White
    213 degrees awarded
  2. Hispanic or Latino
    150 degrees awarded
  3. Black or African American
    70 degrees awarded

The most common race/ethnicity at Arclabs is white (213 degrees awarded). There were 1.42 times more white recipients than the next closest race/ethnicity group, hispanic or latino (150 degrees).

0.211% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Male
    194 degrees awarded
  2. Hispanic or Latino Male
    142 degrees awarded
  3. Black or African American Male
    65 degrees awarded

The most common race/ethnicity and sex grouping at Arclabs is white male (194 degrees awarded). There were 1.37 times more white male recipients than the next closest race/ethnicity group, hispanic or latino male (142 degrees).

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Operations

Salary Expenditure

$3.89M
2023 Salaries
2.16%
decline from 2022

In 2023, Arclabs paid a median of $3.89M in salaries, a 2.16% decline from the previous year. This is compared to a 26.1% growth between 2021 and 2022, and a 4.06% decline between 2020 and 2021.

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