NASCAR Technical Institute

www.uti.edu

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2023 Average Net Price
$23,532
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
1,306
100% Full-Time
2023 Graduation Rate
56%
359 Graduates

About

NASCAR Technical Institute is a higher education institution located in Iredell County, NC. In 2023, the most popular Associates Degree concentrations at NASCAR Technical Institute were Automobile Mechanics Technology (517 degrees awarded).

In 2023, 700 degrees were awarded across all undergraduate and graduate programs at NASCAR Technical Institute. 4.86% of these degrees were awarded to women, and 95.1% awarded men. The most common race/ethnicity group of degree recipients was white (407 degrees), 4.07 times more than then the next closest race/ethnicity group, hispanic or latino (100 degrees).

In 2020 the default rate for borrower's at NASCAR Technical Institute was 0%, corresponding to 0 out of the 4,259 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 $23,532.

In 2023, 77% of undergraduate students attending NASCAR Technical Institute received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Average Net Price

$23,532
2023 Value
4.39%
1 Year Growth

In 2023 NASCAR Technical Institute had an average net price — the price paid after factoring in grants and loans — of $23,532. Between 2022 and 2023, the average net price of NASCAR Technical Institute grew by 4.39%.

This chart compares the average net price of NASCAR 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.

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Financial Aid by Income Level

77%
Undergraduates Receiving Financial Aid through Grants
64%
Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at NASCAR Technical Institute received financial aid through grants or loans in 2023. This represents a decline of 2.53% with respect to 2022, when 79% of undergraduate students received financial aid.

This chart compares the average award discount at NASCAR 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.

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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 NASCAR Technical Institute was 0%, which represents 0 out of the 4259 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

NASCAR Technical Institute had a total enrollment of 1,306 students in 2023. The full-time enrollment at NASCAR Technical Institute is 1,306 students and the part-time enrollment is 0. This means that 100% of students enrolled at NASCAR Technical Institute are enrolled full-time.

The enrolled student population at NASCAR Technical Institute, both undergraduate and graduate, is 53.3% White, 17.8% Black or African American, 16.1% Hispanic or Latino, 8.73% Two or More Races, 0.919% Asian, 0.536% American Indian or Alaska Native, and 0.23% Native Hawaiian or Other Pacific Islanders.

Students enrolled at NASCAR Technical Institute in full-time Undergraduate programs are most commonly White Male (50.7%), followed by Black or African American Male (15.5%) and Hispanic or Latino Male (14.5%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at NASCAR Technical Institute in 2023, both undergraduate and graduate, is 1,306 students. The full-time enrollment at NASCAR Technical Institute is 1,306 and the part-time enrollment is 0.

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

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Retention Rate over Time

72%
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 NASCAR Technical Institute was 72%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    696 enrolled students
  2. Black or African American
    233 enrolled students
  3. Hispanic or Latino
    210 enrolled students

The enrolled student population at NASCAR Technical Institute is 53.3% White, 17.8% Black or African American, 16.1% Hispanic or Latino, 8.73% Two or More Races, 0.919% Asian, 0.536% American Indian or Alaska Native, and 0.23% 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, 632 fewer women than men received degrees from NASCAR Technical Institute. The most common race/ethnicity group of degree recipients at NASCAR Technical Institute is white (407 degrees awarded). There were 4.07 times more white recipients than the next closest race/ethnicity group, hispanic or latino (100 degrees).

The most common Associates Degree concentration at NASCAR Technical Institute is Automobile Mechanics Technology (517 degrees awarded).

In 2023,  the most specialized majors across all degree types at NASCAR Technical Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Mechanical Technologies (535 degrees awarded), Precision Production (165 degrees), and Engineering Technologies (0 degrees).

Common Jobs by Major

Software developers
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at NASCAR Technical Institute are Software developers (32,661 people), Other managers (28,152 people), Miscellaneous engineers, including nuclear engineers (16,907 people), Mechanical engineers (11,964 people), and Industrial engineers, including health & safety (11,587 people).

The most specialized majors at NASCAR Technical Institute in 2023 are Mechanical Technologies (535 degrees awarded), Precision Production (165 degrees), and Engineering Technologies (0 degrees) (as of 2023).

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Highest Paying Jobs by Major

General & operations managers
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at NASCAR Technical Institute are General & operations managers, Software developers, Chief executives & legislators, Aircraft pilots & flight engineers, and Other managers

The most specialized majors at NASCAR Technical Institute are Mechanical Technologies (535 degrees awarded), Precision Production (165 degrees), and Engineering Technologies (0 degrees) (as of 2023).

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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 NASCAR Technical Institute are Construction (1,896 people), Automotive repair & maintenance (1,290 people), Motor vehicles & motor vehicle equipment manufacturing (770 people), Aircraft & parts manufacturing (636 people), and Air transportation (544 people).

The most specialized majors at NASCAR Technical Institute are Mechanical Technologies (535 degrees awarded), Precision Production (165 degrees), and Engineering Technologies (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 NASCAR Technical Institute.
Automobile Mechanics Technology
Most Common (2023)
517 degrees awarded

In 2023, the most common associates degree concentration at NASCAR Technical Institute was Automobile Mechanics Technology with 517 degrees awarded.

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

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Sex Breakdown for Common Majors

666
Degrees Awarded to Men
in 2023
34
Degrees Awarded to Women
in 2023

In 2023, 666 degrees were awarded to men at NASCAR Technical Institute, which is 19.6 times more than the number of degrees awarded to females (34).

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

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Most Common Male Majors

In 2023, 511 degrees were awarded to men at NASCAR Technical Institute in Automobile Mechanics Technology, which is 21.3 times more than the 24 female recipients with that same degree.

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Most Common Female Majors

In 2023, 24 degrees were awarded to men at NASCAR Technical Institute in Automobile Mechanics Technology, which is 0.047 times less than the 511 male recipients with that same degree.

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Time to Complete

14%
100% Completion Time
50%
150% Completion Time

In 2023, 14% of students graduating from NASCAR Technical Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 50% completed their degrees within 150% of the normal time, and 54% 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 Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at NASCAR Technical Institute is Male 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. White
    407 degrees awarded
  2. Hispanic or Latino
    100 degrees awarded
  3. Black or African American
    84 degrees awarded

The most common race/ethnicity at NASCAR Technical Institute is white (407 degrees awarded). There were 4.07 times more white recipients than the next closest race/ethnicity group, hispanic or latino (100 degrees).

2.29% of degree recipients (16 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Male
    383 degrees awarded
  2. Hispanic or Latino Male
    99 degrees awarded
  3. Black or African American Male
    81 degrees awarded

The most common race/ethnicity and sex grouping at NASCAR Technical Institute is white male (383 degrees awarded). There were 3.87 times more white male recipients than the next closest race/ethnicity group, hispanic or latino male (99 degrees).

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Operations

NASCAR Technical Institute employs 36 No academic ranks. Most academics at NASCAR Technical Institute are Male No academic rank (36), and Female No academic rank (0).

The most common positions for non-instructional staff at NASCAR Technical Institute are: Business and Financial Operations, with 21 employees, Management, with 12 employees, and Natural Resources, Construction, and Maintenance with 2 employees.

Salary Expenditure

$9.69M
2023 Salaries
6.93%
growth from 2022

In 2023, NASCAR Technical Institute paid a median of $9.69M in salaries, a 6.93% growth from the previous year. This is compared to a 15.1% growth between 2021 and 2022, and a 1.4% decline between 2020 and 2021.

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

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Instructional Salaries

$2.73M
Instructional Salaries
36
Number of Employees

In 2023, NASCAR Technical Institute paid a total of $2.73M to 36 employees working as instructors, which represents 28.1% of all salaries paid.

This is compared to a median of $160k (22.2%) for similar Unknown.

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Occupations by Share

No academic rank
Most Common Instructor
36 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
21 Employees

In 2023, the most common positions for instructional staff at NASCAR Technical Institute was No academic rank with 36 employees.

In 2023, the most common positions for non-instructional staff at NASCAR Technical Institute were Business and Financial Operations with 21 employees, Management with 12 employees, and Natural Resources, Construction, and Maintenance with 2 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male No academic rank
  2. Female No academic rank

In 2023, the most common demographic for instructional staff at NASCAR Technical Institute was Male No academic rank with 36 employees, and Female No academic rank with 0 employees.

This chart shows the sex split between each academic rank present at NASCAR Technical Institute.

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