American Institute-Somerset

www.americaninstitute.edu

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2023 Average Net Price
$16,188
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
274
59.5% Full-Time
2023 Graduation Rate
46.6%
81 Graduates

About

American Institute-Somerset is a higher education institution located in Somerset County, NJ. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at American Institute-Somerset were Medical Assistant (91 degrees awarded) and Dental Assisting (30 degrees).

In 2023, 165 degrees were awarded across all undergraduate and graduate programs at American Institute-Somerset. 86.1% of these degrees were awarded to women, and 13.9% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (71 degrees), 1.45 times more than then the next closest race/ethnicity group, black or african american (49 degrees).

In 2020 the default rate for borrower's at American Institute-Somerset was 0%, corresponding to 0 out of the 1,299 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 $16,188.

In 2023, 83% of undergraduate students attending American Institute-Somerset received financial aid through grants. Comparatively, 84% of undergraduate students received financial aid through loans.

Average Net Price

$16,188
2023 Value
8.13%
1 Year Growth

In 2023 American Institute-Somerset had an average net price — the price paid after factoring in grants and loans — of $16,188. Between 2022 and 2023, the average net price of American Institute-Somerset grew by 8.13%.

This chart compares the average net price of American Institute-Somerset (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

83%
Undergraduates Receiving Financial Aid through Grants
84%
Undergraduates Receiving Financial Aid through Loans

83% of undergraduate students at American Institute-Somerset received financial aid through grants or loans in 2023. This represents a decline of 1.19% with respect to 2022, when 84% of undergraduate students received financial aid.

This chart compares the average award discount at American Institute-Somerset (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 American Institute-Somerset was 0%, which represents 0 out of the 1299 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

American Institute-Somerset had a total enrollment of 274 students in 2023. The full-time enrollment at American Institute-Somerset is 163 students and the part-time enrollment is 111. This means that 59.5% of students enrolled at American Institute-Somerset are enrolled full-time.

The enrolled student population at American Institute-Somerset, both undergraduate and graduate, is 51.5% Hispanic or Latino, 26.3% Black or African American, 17.5% White, 2.55% Two or More Races, and 1.46% Asian.

Students enrolled at American Institute-Somerset in full-time Undergraduate programs are most commonly Hispanic or Latino Female (44.1%), followed by Black or African American Female (23.1%) and White Female (14.6%).

Full-Time vs Part-Time Enrollment

59.5%
Full-Time Enrollment

The total enrollment at American Institute-Somerset in 2023, both undergraduate and graduate, is 274 students. The full-time enrollment at American Institute-Somerset is 163 and the part-time enrollment is 111.

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

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Retention Rate over Time

61%
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 American Institute-Somerset was 61%.

This chart shows the retention rate over time at American Institute-Somerset (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Hispanic or Latino
    141 enrolled students
  2. Black or African American
    72 enrolled students
  3. White
    48 enrolled students

The enrolled student population at American Institute-Somerset is 51.5% Hispanic or Latino, 26.3% Black or African American, 17.5% White, 2.55% Two or More Races, and 1.46% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 119 more women than men received degrees from American Institute-Somerset. The most common race/ethnicity group of degree recipients at American Institute-Somerset is hispanic or latino (71 degrees awarded). There were 1.45 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (49 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at American Institute-Somerset is Medical Assistant (91 degrees awarded), followed by Dental Assisting (30 degrees).

In 2023,  the most specialized majors across all degree types at American Institute-Somerset, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (159 degrees awarded), Business (6 degrees), and Construction (0 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 American Institute-Somerset are Registered nurses (1,535,451 people), Accountants & auditors (1,017,148 people), Other managers (761,446 people), Financial managers (514,228 people), and Chief executives & legislators (403,994 people).

The most specialized majors at American Institute-Somerset in 2023 are Health (159 degrees awarded), Business (6 degrees), and Construction (0 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 American Institute-Somerset are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at American Institute-Somerset are Health (159 degrees awarded), Business (6 degrees), and Construction (0 degrees) (as of 2023).

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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 American Institute-Somerset 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 American Institute-Somerset are Health (159 degrees awarded), Business (6 degrees), and Construction (0 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 American Institute-Somerset.
Most Common (2023)
  1. Medical Assistant
    91 degrees awarded
  2. Dental Assisting
    30 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at American Institute-Somerset was Medical Assistant with 91 degrees awarded.

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

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Sex Breakdown for Common Majors

23
Degrees Awarded to Men
in 2023
142
Degrees Awarded to Women
in 2023

In 2023, 23 degrees were awarded to men at American Institute-Somerset, which is 0.162 times less than the number of degrees awarded to females (142).

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

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Most Common Male Majors

In 2023, 10 degrees were awarded to men at American Institute-Somerset in Medical Assistant, which is 0.123 times less than the 81 female recipients with that same degree.

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Most Common Female Majors

In 2023, 81 degrees were awarded to men at American Institute-Somerset in Medical Assistant, which is 8.1 times more than the 10 male recipients with that same degree.

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Time to Complete

23%
100% Completion Time
45%
150% Completion Time

In 2023, 23% of students graduating from American Institute-Somerset completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 45% 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at American Institute-Somerset is Female and Asian (100% graduation rate). Across all , Non-resident Alien Male students have the highest graduation rate (65.7%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. Hispanic or Latino
    71 degrees awarded
  2. Black or African American
    49 degrees awarded
  3. White
    29 degrees awarded

The most common race/ethnicity at American Institute-Somerset is hispanic or latino (71 degrees awarded). There were 1.45 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (49 degrees).

1.82% of degree recipients (3 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    63 degrees awarded
  2. Black or African American Female
    38 degrees awarded
  3. White Female
    27 degrees awarded

The most common race/ethnicity and sex grouping at American Institute-Somerset is hispanic or latino female (63 degrees awarded). There were 1.66 times more hispanic or latino female recipients than the next closest race/ethnicity group, black or african american female (38 degrees).

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Operations

Salary Expenditure

$1.12M
2023 Salaries
6.44%
decline from 2022

In 2023, American Institute-Somerset paid a median of $1.12M in salaries, a 6.44% decline from the previous year. This is compared to a 28.8% growth between 2021 and 2022, and a 5.66% growth between 2020 and 2021.

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

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