New Horizons Medical Institute

www.newhorizonsmedical.com

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2017 Default Rate

5.62%

on Student Loans

2016 Acceptance Rate

71.7%

92 Applicants

2019 Enrolled Students

97.4% Full-Time

About

New Horizons Medical Institute is a higher education institution located in Gwinnett County, GA. In 2020, the most popular 2 to 4 Year Postsecondary Certificate concentrations at New Horizons Medical Institute were Diagnostic Medical Sonography & Ultrasound Technician (2 degrees awarded).

In 2020, 17 degrees were awarded across all undergraduate and graduate programs at New Horizons Medical Institute. 76.5% of these degrees were awarded to women, and 23.5% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (7 degrees), 1.75 times more than then the next closest race/ethnicity group, asian (4 degrees).

In 2017 the default rate for borrower's at New Horizons Medical Institute was 5.62%, corresponding to 5 out of the 89 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

In 2019, 17% of undergraduate students attending New Horizons Medical Institute received financial aid through grants. Comparatively, 12% of undergraduate students received financial aid through loans.

Average Net Price

This chart compares the average net price of New Horizons Medical 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

17%

Undergraduates Receiving Financial Aid through Grants

12%

Undergraduates Receiving Financial Aid through Loans

17% of undergraduate students at New Horizons Medical Institute received financial aid through grants or loans in 2019. This represents a decline of 39.3% with respect to 2018, when 28% of undergraduate students received financial aid.

This chart compares the average award discount at New Horizons Medical 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.

5.62%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at New Horizons Medical Institute was 5.62%, which represents 5 out of the 89 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.

Admissions

New Horizons Medical Institute received 92 undergraduate applications in 2016.

There were 39 students enrolled at New Horizons Medical Institute in 2019.

New Horizons Medical Institute has an overall enrollment yield of 100%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

71.7%

Acceptance Rate in 2016

Accepted Out of 92

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

Enrollment

New Horizons Medical Institute had a total enrollment of 39 students in 2019. The full-time enrollment at New Horizons Medical Institute is 38 students and the part-time enrollment is 1. This means that 97.4% of students enrolled at New Horizons Medical Institute are enrolled full-time.

The enrolled student population at New Horizons Medical Institute, both undergraduate and graduate, is 56.4% Black or African American, 20.5% Hispanic or Latino, 12.8% White, and 10.3% Asian.

Students enrolled at New Horizons Medical Institute in full-time Undergraduate programs are most commonly Black or African American Female (55.3%), followed by Hispanic or Latino Female (18.4%) and White Female (13.2%).

Full-Time vs Part-Time Enrollment

97.4%

Full-Time Enrollment

The total enrollment at New Horizons Medical Institute in 2019, both undergraduate and graduate, is 39 students. The full-time enrollment at New Horizons Medical Institute is 38 and the part-time enrollment is 1.

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

Retention Rate over Time

19%

2019 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 New Horizons Medical Institute was 19%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2019)

Black or African American
22 enrolled students
Hispanic or Latino
8 enrolled students
White
5 enrolled students

The enrolled student population at New Horizons Medical Institute is 56.4% Black or African American, 20.5% Hispanic or Latino, 12.8% White, and 10.3% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2020, 9 more women than men received degrees from New Horizons Medical Institute. The most common race/ethnicity group of degree recipients at New Horizons Medical Institute is hispanic or latino (7 degrees awarded). There were 1.75 times more hispanic or latino recipients than the next closest race/ethnicity group, asian (4 degrees).

The most common 2 to 4 Year Postsecondary Certificate concentration at New Horizons Medical Institute is Diagnostic Medical Sonography & Ultrasound Technician (2 degrees awarded).

In 2020, the most specialized majors across all degree types at New Horizons Medical Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (17 degrees awarded).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at New Horizons Medical Institute are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at New Horizons Medical Institute in 2020 are Health (17 degrees awarded) (as of 2020).

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 New Horizons Medical Institute are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at New Horizons Medical Institute are Health (17 degrees awarded) (as of 2020).

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 New Horizons Medical Institute 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).

The most specialized majors at New Horizons Medical Institute are Health (17 degrees awarded) (as of 2020).

Majors Awarded

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

Diagnostic Medical Sonography & Ultrasound Technician

Most Common (2020)

2 degrees awarded

In 2020, the most common 2 to 4 year postsecondary certificate concentration at New Horizons Medical Institute was Diagnostic Medical Sonography & Ultrasound Technician with 2 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 2 to 4 year postsecondary certificate programs at New Horizons Medical Institute according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 4 degrees were awarded to men at New Horizons Medical Institute, which is 0.308 times less than the number of degrees awarded to females (13).

This chart displays the sex disparity between the top 5 majors at New Horizons Medical Institute by degrees awarded.

Most Common Male Majors

In 2020, 4 degrees were awarded to men at New Horizons Medical Institute in Medical Assistant, which is 0.5 times less than the 8 female recipients with that same degree.

Most Common Female Majors

In 2020, 8 degrees were awarded to men at New Horizons Medical Institute in Medical Assistant, which is 2 times more than the 4 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2019 at New Horizons Medical Institute is Female and Black or African American (100% graduation rate). Across all , 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2020)

Hispanic or Latino
7 degrees awarded
Asian
4 degrees awarded
Black or African American
3 degrees awarded

The most common race/ethnicity at New Horizons Medical Institute is hispanic or latino (7 degrees awarded). There were 1.75 times more hispanic or latino recipients than the next closest race/ethnicity group, asian (4 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2020)

Hispanic or Latino Female
5 degrees awarded
Black or African American Female
3 degrees awarded
Asian Male
2 degrees awarded

The most common race/ethnicity and sex grouping at New Horizons Medical Institute is hispanic or latino female (5 degrees awarded). There were 1.67 times more hispanic or latino female recipients than the next closest race/ethnicity group, black or african american female (3 degrees).

Operations

Salary Expenditure

$254k

2019 Salaries

4.67%

decline from 2018

In 2019, New Horizons Medical Institute paid a median of $254k in salaries, a 4.67% decline from the previous year. This is compared to a 21.2% decline between 2017 and 2018, and a 127% growth between 2016 and 2017.

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

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