Wake Technical Community College

www.waketech.edu

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2023 Undergraduate Tuition

$2,076

14.6% growth from 2022

2023 Average Net Price

$8,493

After Financial Aid

2020 Default Rate

0.0269%

on Student Loans

2023 Enrolled Students

22,763

32.7% Full-Time

2023 Graduation Rate

31.4%

517 Graduates

About

Wake Technical Community College is a higher education institution located in Wake County, NC. In 2023, the most popular Associates Degree concentrations at Wake Technical Community College were Liberal Arts & Sciences (1,388 degrees awarded), Information Technology (240 degrees), and General Business Administration & Management (152 degrees).

In 2023, 5,381 degrees were awarded across all undergraduate and graduate programs at Wake Technical Community College. 52% of these degrees were awarded to women, and 48% awarded men. The most common race/ethnicity group of degree recipients was white (2,887 degrees), 2.96 times more than then the next closest race/ethnicity group, black or african american (974 degrees).

The median undergraduate tuition at Wake Technical Community College is $2,076, which is $−6,177 less than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at Wake Technical Community College was 0.0269%, corresponding to 1 out of the 3,711 total borrowers.

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

Costs

In 2023, the median undergraduate tuition at Wake Technical Community College is $2,076, which is $6,177 less than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $8,493.

In 2023, 46% of undergraduate students attending Wake Technical Community College received financial aid through grants. Comparatively, 15% of undergraduate students received financial aid through loans.

Tuition Costs

$2,076

2023 Undergraduate Tuition

In 2023, the cost of tuition at Wake Technical Community College was $2,076. The cost of tuition at Wake Technical Community College is $−6,177 less than than the overall (public and private) national average for Associates Colleges ($8,253).

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

Average Net Price

$8,493

2023 Value

117%

1 Year Growth

In 2023 Wake Technical Community College had an average net price — the price paid after factoring in grants and loans — of $8,493. Between 2022 and 2023, the average net price of Wake Technical Community College grew by 117%.

This chart compares the average net price of Wake Technical Community 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

$21,717

Room and Board

$1,808

Books and Supplies

The average yearly cost of room and board at Wake Technical Community College was of $21,717 in 2023. The cost of room and board increased by 119% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,808. The cost of books and supplies increased by 15% during the same period.

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

Financial Aid by Income Level

46%

Undergraduates Receiving Financial Aid through Grants

15%

Undergraduates Receiving Financial Aid through Loans

46% of undergraduate students at Wake Technical Community College received financial aid through grants or loans in 2023. This represents a growth of 17.9% with respect to 2022, when 39% of undergraduate students received financial aid.

This chart compares the average award discount at Wake Technical Community 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.

0.0269%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Wake Technical Community College was 0.0269%, which represents 1 out of the 3711 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

Wake Technical Community College had a total enrollment of 22,763 students in 2023. The full-time enrollment at Wake Technical Community College is 7,433 students and the part-time enrollment is 15,330. This means that 32.7% of students enrolled at Wake Technical Community College are enrolled full-time.

The enrolled student population at Wake Technical Community College, both undergraduate and graduate, is 45.7% White, 20.2% Black or African American, 16.9% Hispanic or Latino, 7.3% Asian, 3.97% Two or More Races, 0.426% American Indian or Alaska Native, and 0.158% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Wake Technical Community College in full-time Undergraduate programs are most commonly White Male (26.7%), followed by White Female (20.5%) and Black or African American Female (10%).

Full-Time vs Part-Time Enrollment

32.7%

Full-Time Enrollment

The total enrollment at Wake Technical Community College in 2023, both undergraduate and graduate, is 22,763 students. The full-time enrollment at Wake Technical Community College is 7,433 and the part-time enrollment is 15,330. This means that 32.7% of students enrolled at Wake Technical Community 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 Wake Technical Community College (in red) compares to similar universities.

Retention Rate over Time

70%

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 Wake Technical Community College was 70%. Compared with the full-time retention rate at similar Associates Colleges (64%), Wake Technical Community College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
10,410 enrolled students
Black or African American
4,595 enrolled students
Hispanic or Latino
3,843 enrolled students

The enrolled student population at Wake Technical Community College is 45.7% White, 20.2% Black or African American, 16.9% Hispanic or Latino, 7.3% Asian, 3.97% Two or More Races, 0.426% American Indian or Alaska Native, and 0.158% Native Hawaiian or Other Pacific Islanders. 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.

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, 765 students (3.36%) did not report their race.

Graduates

In 2023, 211 more women than men received degrees from Wake Technical Community College. The most common race/ethnicity group of degree recipients at Wake Technical Community College is white (2,887 degrees awarded). There were 2.96 times more white recipients than the next closest race/ethnicity group, black or african american (974 degrees).

The most common Associates Degree concentration at Wake Technical Community College is Liberal Arts & Sciences (1,388 degrees awarded), followed by Information Technology (240 degrees) and General Business Administration & Management (152 degrees).

In 2023, the most specialized majors across all degree types at Wake Technical Community College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (242 degrees awarded), Liberal Arts & Humanities (1,388 degrees), and Visual & Performing Arts (333 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 Wake Technical Community College are Software developers (612,060 people), Other managers (212,356 people), Elementary & middle school teachers (150,011 people), Computer occupations, all other (130,072 people), and Computer & information systems managers (121,114 people).

The most specialized majors at Wake Technical Community College in 2023 are Construction (242 degrees awarded), Liberal Arts & Humanities (1,388 degrees), Visual & Performing Arts (333 degrees), Mechanical Technologies (228 degrees), and Computer and Information Sciences and Support Services (591 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 Wake Technical Community College are Surgeons, Skincare specialists, Broadcast announcers and radio disc jockeys, Physicians, and Cardiovascular technologists and technicians

The most specialized majors at Wake Technical Community College are Construction (242 degrees awarded), Liberal Arts & Humanities (1,388 degrees), Visual & Performing Arts (333 degrees), Mechanical Technologies (228 degrees), and Computer and Information Sciences and Support Services (591 degrees) (as of 2023).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Wake Technical Community College are Computer Systems Design (629,535 people), Elementary & secondary schools (340,413 people), Colleges, universities & professional schools, including junior colleges (230,727 people), Construction (163,438 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (125,172 people).

Majors Awarded

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

Most Common (2023)

Liberal Arts & Sciences
1,388 degrees awarded
Information Technology
240 degrees awarded
General Business Administration & Management
152 degrees awarded

In 2023, the most common associates degree concentration at Wake Technical Community College was Liberal Arts & Sciences with 1,388 degrees awarded.

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

Sex Breakdown for Common Majors

2,585

Degrees Awarded to Men

in 2023

2,796

Degrees Awarded to Women

in 2023

In 2023, 2,585 degrees were awarded to men at Wake Technical Community College, which is 0.925 times less than the number of degrees awarded to females (2,796).

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

Most Common Male Majors

In 2023, 644 degrees were awarded to men at Wake Technical Community College in Liberal Arts & Sciences, which is 0.866 times less than the 744 female recipients with that same degree.

Most Common Female Majors

In 2023, 744 degrees were awarded to men at Wake Technical Community College in Liberal Arts & Sciences, which is 1.16 times more than the 644 male recipients with that same degree.

Time to Complete

17%

100% Completion Time

31%

150% Completion Time

In 2023, 17% of students graduating from Wake Technical Community 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 40% 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.

Asian Female

Highest Graduation Rate (41.3%)

The student demographic with the highest graduation rate in 2023 at Wake Technical Community College is Female and Asian (41.3% 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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 2.71% of graduates (14 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
2,887 degrees awarded
Black or African American
974 degrees awarded
Hispanic or Latino
809 degrees awarded

The most common race/ethnicity at Wake Technical Community College is white (2,887 degrees awarded). There were 2.96 times more white recipients than the next closest race/ethnicity group, black or african american (974 degrees).

3.05% of degree recipients (164 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
1,539 degrees awarded
White Female
1,348 degrees awarded
Black or African American Female
635 degrees awarded

The most common race/ethnicity and sex grouping at Wake Technical Community College is white male (1,539 degrees awarded). There were 1.14 times more white male recipients than the next closest race/ethnicity group, white female (1,348 degrees).

Operations

Wake Technical Community College has an endowment valued at nearly $17.2M, as of the end of the 2023 fiscal year. The return on its endowment was of 188k (1.09%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.

In 2023, Wake Technical Community College had a total salary expenditure of 240M. Wake Technical Community College employs 591 No academic ranks. Most academics at Wake Technical Community College are Female No academic rank (353), and Male No academic rank (238).

The most common positions for non-instructional staff at Wake Technical Community College are: Management, with 250 employees, Office and Administrative Support, with 245 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 116 employees.

Endowment

$17.2M

2023 Endowment

29.7%

growth from 2022

Wake Technical Community College has an endowment valued at about $17.2M, as of the end of the 2023 fiscal year. The endowment of Wake Technical Community College grew 29.7% from the previous year. The value of their endowment was $11.4M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Wake Technical Community 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.

Government Grants and Contracts

Grants & Contracts

$1.03M - Federal
$286k - State
$235k - Local

As of 2023, Wake Technical Community College received $1.03M in grants and contracts from the federal government, $286k from state grants and contracts, and $235k from local grants and contracts.

Salary Expenditure

$113M

2023 Salaries

5.55%

growth from 2022

In 2023, Wake Technical Community College paid a median of $113M in salaries, which represents 47.1% of their overall expenditure ($240M) and a 5.55% growth from the previous year. This is compared to a 9.79% growth between 2021 and 2022, and a 0.212% growth between 2020 and 2021.

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

Instructional Salaries

$37.5M

Instructional Salaries

591

Number of Employees

In 2023, Wake Technical Community College paid a total of $37.5M to 591 employees working as instructors, which represents 33.1% of all salaries paid.

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

Occupations by Share

No academic rank

Most Common Instructor

591 Employees

Management

Most Common Non-Instructional Employee

250 Employees

In 2023, the most common positions for instructional staff at Wake Technical Community College was No academic rank with 591 employees.

In 2023, the most common positions for non-instructional staff at Wake Technical Community College were Management with 250 employees, Office and Administrative Support with 245 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 116 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female No academic rank
Male No academic rank

In 2023, the most common demographic for instructional staff at Wake Technical Community College was Female No academic rank with 353 employees, and Male No academic rank with 238 employees.

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

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