Marion Technical College

www.mtc.edu

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2023 Undergraduate Tuition

$5,850

2.63% growth from 2022

2023 Average Net Price

$7,625

After Financial Aid

2020 Default Rate

0.427%

on Student Loans

2023 Enrolled Students

3,008

15.3% Full-Time

2023 Graduation Rate

22.3%

23 Graduates

About

Marion Technical College is a higher education institution located in Marion County, OH. In 2023, the most popular Associates Degree concentrations at Marion Technical College were Registered Nursing (71 degrees awarded), General Studies (61 degrees), and General Business Administration & Management (38 degrees).

In 2023, 473 degrees were awarded across all undergraduate and graduate programs at Marion Technical College. 61.1% of these degrees were awarded to women, and 38.9% awarded men. The most common race/ethnicity group of degree recipients was white (412 degrees), 14.7 times more than then the next closest race/ethnicity group, black or african american (28 degrees).

The median undergraduate tuition at Marion Technical College is $5,850, which is $−2,403 less than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at Marion Technical College was 0.427%, corresponding to 1 out of the 234 total borrowers.

Associates Colleges: High Transfer-Mixed Traditional/Nontraditional Associates Colleges

Costs

In 2023, the median undergraduate tuition at Marion Technical College is $5,850, which is $2,403 less than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $7,625.

In 2023, 39% of undergraduate students attending Marion Technical College received financial aid through grants. Comparatively, 8% of undergraduate students received financial aid through loans.

Tuition Costs

$5,850

2023 Undergraduate Tuition

In 2023, the cost of tuition at Marion Technical College was $5,850. The cost of tuition at Marion Technical College is $−2,403 less than than the overall (public and private) national average for Associates Colleges ($8,253).

This chart compares the tuition costs of Marion Technical College (in red) with those of other similar universities.

Average Net Price

$7,625

2023 Value

13%

1 Year Growth

In 2023 Marion Technical College had an average net price — the price paid after factoring in grants and loans — of $7,625. Between 2022 and 2023, the average net price of Marion Technical College grew by 13%.

This chart compares the average net price of Marion Technical College (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.

Other Student Expenses

$5,500

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Marion Technical College was of $5,500 in 2023. The cost of room and board increased by 10% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $900. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Marion Technical College (in red) with that of similar universities.

Financial Aid by Income Level

39%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

39% of undergraduate students at Marion Technical College received financial aid through grants or loans in 2023. This represents a decline of 7.14% with respect to 2022, when 42% of undergraduate students received financial aid.

This chart compares the average award discount at Marion Technical College (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.

0.427%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Marion Technical College was 0.427%, which represents 1 out of the 234 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

Marion Technical College had a total enrollment of 3,008 students in 2023. The full-time enrollment at Marion Technical College is 459 students and the part-time enrollment is 2,549. This means that 15.3% of students enrolled at Marion Technical College are enrolled full-time.

The enrolled student population at Marion Technical College, both undergraduate and graduate, is 76.8% White, 8.58% Black or African American, 6.05% Two or More Races, 2.13% Hispanic or Latino, 1.4% Asian, and 0.299% American Indian or Alaska Native.

Students enrolled at Marion Technical College in full-time Undergraduate programs are most commonly White Female (54.6%), followed by White Male (30.2%) and Black or African American Male (4.86%).

Full-Time vs Part-Time Enrollment

15.3%

Full-Time Enrollment

The total enrollment at Marion Technical College in 2023, both undergraduate and graduate, is 3,008 students. The full-time enrollment at Marion Technical College is 459 and the part-time enrollment is 2,549. This means that 15.3% of students enrolled at Marion Technical College are enrolled full-time compared with 32.3% at similar Associates Colleges.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
2,310 enrolled students
Black or African American
258 enrolled students
Two or More Races
182 enrolled students

The enrolled student population at Marion Technical College is 76.8% White, 8.58% Black or African American, 6.05% Two or More Races, 2.13% Hispanic or Latino, 1.4% Asian, and 0.299% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 41.7% White, 28.7% Hispanic or Latino, and 12.6% Black or African American.

Graduates

In 2023, 105 more women than men received degrees from Marion Technical College. The most common race/ethnicity group of degree recipients at Marion Technical College is white (412 degrees awarded). There were 14.7 times more white recipients than the next closest race/ethnicity group, black or african american (28 degrees).

The most common Associates Degree concentration at Marion Technical College is Registered Nursing (71 degrees awarded), followed by General Studies (61 degrees) and General Business Administration & Management (38 degrees).

In 2023, the most specialized majors across all degree types at Marion Technical College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (33 degrees awarded), Protective Services (31 degrees), and Health (171 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 Marion Technical College are Registered nurses (1,546,707 people), Accountants & auditors (1,029,879 people), Other managers (834,221 people), Financial managers (526,485 people), and Chief executives & legislators (421,649 people).

The most specialized majors at Marion Technical College in 2023 are Construction (33 degrees awarded), Protective Services (31 degrees), Health (171 degrees), Engineering Technologies (15 degrees), and Business (138 degrees) (as of 2023).

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

The most specialized majors at Marion Technical College are Construction (33 degrees awarded), Protective Services (31 degrees), Health (171 degrees), Engineering Technologies (15 degrees), and Business (138 degrees) (as of 2023).

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 Marion Technical College 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).

Majors Awarded

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

Most Common (2023)

Registered Nursing
71 degrees awarded
General Studies
61 degrees awarded
General Business Administration & Management
38 degrees awarded

In 2023, the most common associates degree concentration at Marion Technical College was Registered Nursing with 71 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Marion Technical College according to their major.

Sex Breakdown for Common Majors

184

Degrees Awarded to Men

in 2023

289

Degrees Awarded to Women

in 2023

In 2023, 184 degrees were awarded to men at Marion Technical College, which is 0.637 times less than the number of degrees awarded to females (289).

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

Most Common Male Majors

In 2023, 63 degrees were awarded to men at Marion Technical College in General Business Administration & Management, which is 1.62 times more than the 39 female recipients with that same degree.

Most Common Female Majors

In 2023, 61 degrees were awarded to men at Marion Technical College in Registered Nursing, which is 6.1 times more than the 10 male recipients with that same degree.

Time to Complete

19%

100% Completion Time

31%

150% Completion Time

In 2022, 19% of students graduating from Marion Technical College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 31% completed their degrees within 150% of the normal time, and 38% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges 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.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Marion Technical College is Male and Hispanic or Latino (100% graduation rate). Across all Associates Colleges, 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
412 degrees awarded
Black or African American
28 degrees awarded
Two or More Races
22 degrees awarded

The most common race/ethnicity at Marion Technical College is white (412 degrees awarded). There were 14.7 times more white recipients than the next closest race/ethnicity group, black or african american (28 degrees).

1.06% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
265 degrees awarded
White Male
147 degrees awarded
Black or African American Male
19 degrees awarded

The most common race/ethnicity and sex grouping at Marion Technical College is white female (265 degrees awarded). There were 1.8 times more white female recipients than the next closest race/ethnicity group, white male (147 degrees).

Operations

Marion Technical College has an endowment valued at nearly $1.45M, as of the end of the 2023 fiscal year. The return on its endowment was of 175k (12.1%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.

In 2023, Marion Technical College had a total salary expenditure of 18.3M. Marion Technical College employs 16 Instructors, 15 Assistant professors and 13 Professors. Most academics at Marion Technical College are Female Instructor (12), Female Professor (9), and Female Assistant professor (8).

The most common positions for non-instructional staff at Marion Technical College are: Management, with 23 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 16 employees, and Office and Administrative Support with 11 employees.

Endowment

$1.45M

2023 Endowment

19.3%

growth from 2022

Marion Technical College has an endowment valued at about $1.45M, as of the end of the 2023 fiscal year. The endowment of Marion Technical College grew 19.3% from the previous year. The value of their endowment was $4.35M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Marion Technical College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-Mixed Traditional/Nontraditional Carnegie Classification grouping.

Salary Expenditure

$9.38M

2023 Salaries

2.51%

growth from 2022

In 2023, Marion Technical College paid a median of $9.38M in salaries, which represents 51.4% of their overall expenditure ($18.3M) and a 2.51% growth from the previous year. This is compared to a 3.73% growth between 2021 and 2022, and a 2.49% decline between 2020 and 2021.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$3.16M

Instructional Salaries

Number of Employees

In 2023, Marion Technical College paid a total of $3.16M to 50 employees working as instructors, which represents 33.6% of all salaries paid.

This is compared to a median of $731k (4.21%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

16 Employees

Management

Most Common Non-Instructional Employee

23 Employees

In 2023, the most common positions for instructional staff at Marion Technical College were Instructor with 16 employees, Assistant professor with 15 employees, and Professor with 13 employees.

In 2023, the most common positions for non-instructional staff at Marion Technical College were Management with 23 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 16 employees, and Office and Administrative Support with 11 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Instructor
Female Professor
Female Assistant professor

In 2023, the most common demographic for instructional staff at Marion Technical College was Female Instructor with 12 employees, Female Professor with 9 employees, and Female Assistant professor with 8 employees.

This chart shows the sex split between each academic rank present at Marion Technical College.

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