Great Lakes Institute of Technology

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2022 Average Net Price
$18,402
After Financial Aid
2019 Default Rate
2.28%
on Student Loans
2017 Acceptance Rate
75.9%
162 Applicants
2022 Enrolled Students
350
86% Full-Time
2022 Graduation Rate
50.5%
111 Graduates

About

Great Lakes Institute of Technology is a higher education institution located in Erie County, PA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Great Lakes Institute of Technology were General Cosmetology (43 degrees awarded), Medical Assistant (36 degrees), and Licensed Practical & Vocational Nurse Training (27 degrees).

In 2022, 238 degrees were awarded across all undergraduate and graduate programs at Great Lakes Institute of Technology. 94.1% of these degrees were awarded to women, and 5.88% awarded men. The most common race/ethnicity group of degree recipients was white (167 degrees), 6.96 times more than then the next closest race/ethnicity group, black or african american (24 degrees).

In 2019 the default rate for borrower's at Great Lakes Institute of Technology was 2.28%, corresponding to 7 out of the 307 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $18,402.

In 2022, 67% of undergraduate students attending Great Lakes Institute of Technology received financial aid through grants. Comparatively, 66% of undergraduate students received financial aid through loans.

Average Net Price

$18,402
2022 Value
7.24%
1 Year Growth

In 2022 Great Lakes Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $18,402. Between 2021 and 2022, the average net price of Great Lakes Institute of Technology grew by 7.24%.

This chart compares the average net price of Great Lakes Institute of Technology (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

67%
Undergraduates Receiving Financial Aid through Grants
66%
Undergraduates Receiving Financial Aid through Loans

67% of undergraduate students at Great Lakes Institute of Technology received financial aid through grants or loans in 2022. This represents a decline of 24.7% with respect to 2021, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Great Lakes Institute of Technology (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.
2.28%
2019 Default Rate
7
Number of Defaults

In 2019 the default rate for borrower's at Great Lakes Institute of Technology was 2.28%, which represents 7 out of the 307 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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Admissions

Great Lakes Institute of Technology received 162 undergraduate applications in 2017.

There were 350 students enrolled at Great Lakes Institute of Technology in 2022.

Great Lakes Institute of Technology has an overall enrollment yield of 68.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75.9%
Acceptance Rate in 2017
123
Accepted Out of 162

This chart compares the acceptance rate of Great Lakes Institute of Technology (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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Enrollment

Great Lakes Institute of Technology had a total enrollment of 350 students in 2022. The full-time enrollment at Great Lakes Institute of Technology is 301 students and the part-time enrollment is 49. This means that 86% of students enrolled at Great Lakes Institute of Technology are enrolled full-time.

The enrolled student population at Great Lakes Institute of Technology, both undergraduate and graduate, is 68.3% White, 16.3% Black or African American, 5.43% Two or More Races, 5.14% Hispanic or Latino, and 2.86% Asian.

Students enrolled at Great Lakes Institute of Technology in full-time Undergraduate programs are most commonly White Female (64.5%), followed by Black or African American Female (14.3%) and Two or More Races Female (5.32%).

Full-Time vs Part-Time Enrollment

86%
Full-Time Enrollment

The total enrollment at Great Lakes Institute of Technology in 2022, both undergraduate and graduate, is 350 students. The full-time enrollment at Great Lakes Institute of Technology is 301 and the part-time enrollment is 49. This means that 86% of students enrolled at Great Lakes Institute of Technology are enrolled full-time compared with N/A% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Great Lakes Institute of Technology (in red) compares to similar universities.

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Retention Rate over Time

71%
2022 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 Great Lakes Institute of Technology was 71%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Great Lakes Institute of Technology had a retention rate lower than its peers.

This chart shows the retention rate over time at Great Lakes Institute of Technology (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    239 enrolled students
  2. Black or African American
    57 enrolled students
  3. Two or More Races
    19 enrolled students

The enrolled student population at Great Lakes Institute of Technology is 68.3% White, 16.3% Black or African American, 5.43% Two or More Races, 5.14% Hispanic or Latino, and 2.86% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% Black or African American.

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Graduates

In 2022, 210 more women than men received degrees from Great Lakes Institute of Technology. The most common race/ethnicity group of degree recipients at Great Lakes Institute of Technology is white (167 degrees awarded). There were 6.96 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Great Lakes Institute of Technology is General Cosmetology (43 degrees awarded), followed by Medical Assistant (36 degrees) and Licensed Practical & Vocational Nurse Training (27 degrees).

In 2022,  the most specialized majors across all degree types at Great Lakes Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (101 degrees awarded) and Health (133 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Great Lakes Institute of Technology are Registered nurses (1,394,973 people), Medical & health services managers (151,169 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Great Lakes Institute of Technology in 2022 are Personal & Culinary Services (101 degrees awarded) and Health (133 degrees) (as of 2022).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Great Lakes Institute of Technology are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at Great Lakes Institute of Technology are Personal & Culinary Services (101 degrees awarded) and Health (133 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Great Lakes Institute of Technology are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,483,204 people), Outpatient care centers (237,738 people), Elementary & secondary schools (217,353 people), Offices of physicians (202,325 people), and Colleges, universities & professional schools, including junior colleges (130,917 people).

The most specialized majors at Great Lakes Institute of Technology are Personal & Culinary Services (101 degrees awarded) and Health (133 degrees) (as of 2022).

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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 Great Lakes Institute of Technology.
Most Common (2022)
  1. 43 degrees awarded
  2. 36 degrees awarded
  3. 27 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Great Lakes Institute of Technology was General Cosmetology with 43 degrees awarded.

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

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Sex Breakdown for Common Majors

14
Degrees Awarded to Men
in 2022
224
Degrees Awarded to Women
in 2022

In 2022, 14 degrees were awarded to men at Great Lakes Institute of Technology, which is 0.0625 times less than the number of degrees awarded to females (224).

This chart displays the sex disparity between the top 5 majors at Great Lakes Institute of Technology by degrees awarded.

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Most Common Male Majors

In 2022, 7 degrees were awarded to men at Great Lakes Institute of Technology in Massage Therapy, which is 0.467 times less than the 15 female recipients with that same degree.

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Most Common Female Majors

In 2022, 41 degrees were awarded to men at Great Lakes Institute of Technology in General Cosmetology, which is 20.5 times more than the 2 male recipients with that same degree.

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Time to Complete

38%
100% Completion Time
61%
150% Completion Time

In 2022, 38% of students graduating from Great Lakes Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 61% completed their degrees within 150% of the normal time, and 65% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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.
Hispanic or Latino Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Great Lakes Institute of Technology is Male and Hispanic or Latino (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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 (2022)
  1. White
    167 degrees awarded
  2. Black or African American
    24 degrees awarded
  3. Hispanic or Latino
    20 degrees awarded

The most common race/ethnicity at Great Lakes Institute of Technology is white (167 degrees awarded). There were 6.96 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

1.68% of degree recipients (4 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    156 degrees awarded
  2. Black or African American Female
    23 degrees awarded
  3. Hispanic or Latino Female
    20 degrees awarded

The most common race/ethnicity and sex grouping at Great Lakes Institute of Technology is white female (156 degrees awarded). There were 6.78 times more white female recipients than the next closest race/ethnicity group, black or african american female (23 degrees).

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Operations

Great Lakes Institute of Technology employs 26 No academic ranks. Most academics at Great Lakes Institute of Technology are Female No academic rank (24), and Male No academic rank (2).

The most common positions for non-instructional staff at Great Lakes Institute of Technology are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 7 employees, Management, with 6 employees, and Office and Administrative Support with 6 employees.

Government Grants and Contracts

Grants & Contracts
  1. $1.6M - Federal
  2. $300k - State
  3. $29.7k - Local

As of 2022, Great Lakes Institute of Technology received $1.6M in grants and contracts from the federal government, $300k from state grants and contracts, and $29.7k from local grants and contracts.

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Salary Expenditure

$2.88M
2022 Salaries
0.762%
growth from 2021

In 2022, Great Lakes Institute of Technology paid a median of $2.88M in salaries, a 0.762% growth from the previous year. This is compared to a 0.181% growth between 2020 and 2021, and a 1.33% growth between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Instructional Salaries

$1.39M
Instructional Salaries
26
Number of Employees

In 2022, Great Lakes Institute of Technology paid a total of $1.39M to 26 employees working as instructors, which represents 48.1% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

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Occupations by Share

No academic rank
Most Common Instructor
26 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
7 Employees

In 2022, the most common positions for instructional staff at Great Lakes Institute of Technology was No academic rank with 26 employees.

In 2022, the most common positions for non-instructional staff at Great Lakes Institute of Technology were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 7 employees, Management with 6 employees, and Office and Administrative Support with 6 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female No academic rank
  2. Male No academic rank

In 2022, the most common demographic for instructional staff at Great Lakes Institute of Technology was Female No academic rank with 24 employees, and Male No academic rank with 2 employees.

This chart shows the sex split between each academic rank present at Great Lakes Institute of Technology.

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