HVAC Technical Institute

www.hvac-tech.com

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2023 Average Net Price

$23,216

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

216

50.9% Full-Time

About

HVAC Technical Institute is a higher education institution located in Cook County, IL. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at HVAC Technical Institute were HVAC Maintenance (116 degrees awarded) and Electrician (55 degrees).

In 2023, 171 degrees were awarded across all undergraduate and graduate programs at HVAC Technical Institute. 1.17% of these degrees were awarded to women, and 98.8% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (117 degrees), 3.55 times more than then the next closest race/ethnicity group, black or african american (33 degrees).

In 2020 the default rate for borrower's at HVAC Technical Institute was 0%, corresponding to 0 out of the 86 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 $23,216.

In 2023, 53% of undergraduate students attending HVAC Technical Institute received financial aid through grants. Comparatively, 46% of undergraduate students received financial aid through loans.

Average Net Price

$23,216

2023 Value

9.02%

1 Year Growth

In 2023 HVAC Technical Institute had an average net price — the price paid after factoring in grants and loans — of $23,216. Between 2022 and 2023, the average net price of HVAC Technical Institute grew by 9.02%.

This chart compares the average net price of HVAC Technical Institute (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

53%

Undergraduates Receiving Financial Aid through Grants

46%

Undergraduates Receiving Financial Aid through Loans

53% of undergraduate students at HVAC Technical Institute received financial aid through grants or loans in 2023. This represents a growth of 20.5% with respect to 2022, when 44% of undergraduate students received financial aid.

This chart compares the average award discount at HVAC Technical Institute (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at HVAC Technical Institute was 0%, which represents 0 out of the 86 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

HVAC Technical Institute had a total enrollment of 216 students in 2023. The full-time enrollment at HVAC Technical Institute is 110 students and the part-time enrollment is 106. This means that 50.9% of students enrolled at HVAC Technical Institute are enrolled full-time.

The enrolled student population at HVAC Technical Institute, both undergraduate and graduate, is 68.5% Hispanic or Latino, 17.6% Black or African American, 7.87% White, 1.85% Asian, and 0.463% Two or More Races.

Students enrolled at HVAC Technical Institute in full-time Undergraduate programs are most commonly Hispanic or Latino Male (64.4%), followed by Black or African American Male (18.5%) and White Male (7.66%).

Full-Time vs Part-Time Enrollment

50.9%

Full-Time Enrollment

The total enrollment at HVAC Technical Institute in 2023, both undergraduate and graduate, is 216 students. The full-time enrollment at HVAC Technical Institute is 110 and the part-time enrollment is 106.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Hispanic or Latino
148 enrolled students
Black or African American
38 enrolled students
White
17 enrolled students

The enrolled student population at HVAC Technical Institute is 68.5% Hispanic or Latino, 17.6% Black or African American, 7.87% White, 1.85% Asian, and 0.463% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 167 fewer women than men received degrees from HVAC Technical Institute. The most common race/ethnicity group of degree recipients at HVAC Technical Institute is hispanic or latino (117 degrees awarded). There were 3.55 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (33 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at HVAC Technical Institute is HVAC Maintenance (116 degrees awarded), followed by Electrician (55 degrees).

In 2023, the most specialized majors across all degree types at HVAC Technical Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (55 degrees awarded) and Mechanical Technologies (116 degrees).

Common Jobs by Major

Construction managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at HVAC Technical Institute are Construction managers (38,750 people), Other managers (9,377 people), Cost estimators (6,561 people), Civil engineers (6,472 people), and Chief executives & legislators (4,713 people).

The most specialized majors at HVAC Technical Institute in 2023 are Construction (55 degrees awarded) and Mechanical Technologies (116 degrees) (as of 2023).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at HVAC Technical Institute are Chief executives & legislators, Physicians, Sales managers, Personal financial advisors, and Medical & health services managers

The most specialized majors at HVAC Technical Institute are Construction (55 degrees awarded) and Mechanical Technologies (116 degrees) (as of 2023).

Common Industries by Major

Construction

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at HVAC Technical Institute are Construction (72,597 people), Architectural, engineering & related services (4,339 people), Elementary & secondary schools (2,177 people), Lessors of real estate, and offices of real estate agents and brokers (2,038 people), and Colleges, universities & professional schools, including junior colleges (1,992 people).

The most specialized majors at HVAC Technical Institute are Construction (55 degrees awarded) and Mechanical Technologies (116 degrees) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by HVAC Technical Institute.

Most Common (2023)

HVAC Maintenance
116 degrees awarded
Electrician
55 degrees awarded

In 2023, the most common N/A concentration at HVAC Technical Institute was HVAC Maintenance with 116 degrees awarded.

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

Sex Breakdown for Common Majors

169

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 169 degrees were awarded to men at HVAC Technical Institute, which is 84.5 times more than the number of degrees awarded to females (2).

This chart displays the sex disparity between the top 5 majors at HVAC Technical Institute by degrees awarded.

Most Common Male Majors

In 2023, 114 degrees were awarded to men at HVAC Technical Institute in HVAC Maintenance, which is 57 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2023, 2 degrees were awarded to men at HVAC Technical Institute in HVAC Maintenance, which is 0.0175 times less than the 114 male recipients with that same degree.

Time to Complete

79%

100% Completion Time

79%

150% Completion Time

In 2023, 79% of students graduating from HVAC Technical Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 79% completed their degrees within 150% of the normal time, and 79% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

Hispanic or Latino
117 degrees awarded
Black or African American
33 degrees awarded
White
15 degrees awarded

The most common race/ethnicity at HVAC Technical Institute is hispanic or latino (117 degrees awarded). There were 3.55 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (33 degrees).

2.92% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Hispanic or Latino Male
116 degrees awarded
Black or African American Male
32 degrees awarded
White Male
15 degrees awarded

The most common race/ethnicity and sex grouping at HVAC Technical Institute is hispanic or latino male (116 degrees awarded). There were 3.63 times more hispanic or latino male recipients than the next closest race/ethnicity group, black or african american male (32 degrees).

Operations

Salary Expenditure

$1.24M

2023 Salaries

7.2%

growth from 2022

In 2023, HVAC Technical Institute paid a median of $1.24M in salaries, a 7.2% growth from the previous year. This is compared to a 24.4% growth between 2021 and 2022, and a 0.94% growth between 2020 and 2021.

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

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