NASCAR Technical Institute

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2022 Average Net Price
$22,543
After Financial Aid
2019 Default Rate
3.12%
on Student Loans
2022 Enrolled Students
1,274
100% Full-Time
2022 Graduation Rate
49.5%
358 Graduates

About

NASCAR Technical Institute is a higher education institution located in Iredell County, NC. In 2022, the most popular 2 to 4 Year Postsecondary Certificate concentrations at NASCAR Technical Institute were Automobile Mechanics Technology (472 degrees awarded).

In 2022, 543 degrees were awarded across all undergraduate and graduate programs at NASCAR Technical Institute. 5.34% of these degrees were awarded to women, and 94.7% awarded men. The most common race/ethnicity group of degree recipients was white (311 degrees), 3.46 times more than then the next closest race/ethnicity group, hispanic or latino (90 degrees).

Costs

After taking grants and loans into account, the average net price for students is $22,543.

In 2022, 79% of undergraduate students attending NASCAR Technical Institute received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans.

Average Net Price

$22,543
2022 Value
2.38%
1 Year Growth

In 2022 NASCAR Technical Institute had an average net price — the price paid after factoring in grants and loans — of $22,543. Between 2021 and 2022, the average net price of NASCAR Technical Institute grew by 2.38%.

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

79%
Undergraduates Receiving Financial Aid through Grants
63%
Undergraduates Receiving Financial Aid through Loans

79% of undergraduate students at NASCAR Technical Institute received financial aid through grants or loans in 2022. This represents a decline of 7.06% with respect to 2021, when 85% 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.
3.12%
2019 Default Rate
124
Number of Defaults

In 2019 the default rate for borrower's at NASCAR Technical Institute was 3.12%, which represents 124 out of the 3977 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 1,274 students in 2022. The full-time enrollment at NASCAR Technical Institute is 1,274 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 56.6% White, 15.8% Black or African American, 14.4% Hispanic or Latino, 9.42% Two or More Races, 1.33% Asian, 0.863% American Indian or Alaska Native, and 0.314% Native Hawaiian or Other Pacific Islanders.

Students enrolled at NASCAR Technical Institute in full-time Undergraduate programs are most commonly White Male (52.4%), followed by Black or African American Male (14.8%) and Hispanic or Latino Male (14%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at NASCAR Technical Institute in 2022, both undergraduate and graduate, is 1,274 students. The full-time enrollment at NASCAR Technical Institute is 1,274 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

57%
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 NASCAR Technical Institute was 57%. Compared with the full-time retention rate at similar (79%), NASCAR Technical Institute had a retention rate lower than its peers.

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 (2022)
  1. White
    721 enrolled students
  2. Black or African American
    201 enrolled students
  3. Hispanic or Latino
    183 enrolled students

The enrolled student population at NASCAR Technical Institute is 56.6% White, 15.8% Black or African American, 14.4% Hispanic or Latino, 9.42% Two or More Races, 1.33% Asian, 0.863% American Indian or Alaska Native, and 0.314% 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 is 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

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Graduates

In 2022, 485 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 (311 degrees awarded). There were 3.46 times more white recipients than the next closest race/ethnicity group, hispanic or latino (90 degrees).

The most common 2 to 4 Year Postsecondary Certificate concentration at NASCAR Technical Institute is Automobile Mechanics Technology (472 degrees awarded).

In 2022,  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 (472 degrees awarded) and Precision Production (71 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at NASCAR Technical Institute are Welding, soldering, & brazing workers (1,125 people), Other managers (732 people), Automotive service technicians & mechanics (719 people), Aircraft mechanics & service technicians (653 people), and Maintenance & repair workers, general (584 people).

The most specialized majors at NASCAR Technical Institute in 2022 are Mechanical Technologies (472 degrees awarded) and Precision Production (71 degrees) (as of 2022).

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Highest Paying Jobs by Major

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 (472 degrees awarded) and Precision Production (71 degrees) (as of 2022).

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Common Industries by Major

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 (472 degrees awarded) and Precision Production (71 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 NASCAR Technical Institute.
Most Common (2022)
472 degrees awarded

In 2022, the most common 2 to 4 year postsecondary certificate concentration at NASCAR Technical Institute was Automobile Mechanics Technology with 472 degrees awarded.

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

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Sex Breakdown for Common Majors

514
Degrees Awarded to Men
in 2022
29
Degrees Awarded to Women
in 2022

In 2022, 514 degrees were awarded to men at NASCAR Technical Institute, which is 17.7 times more than the number of degrees awarded to females (29).

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 2022, 448 degrees were awarded to men at NASCAR Technical Institute in Automobile Mechanics Technology, which is 18.7 times more than the 24 female recipients with that same degree.

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Most Common Female Majors

In 2022, 24 degrees were awarded to men at NASCAR Technical Institute in Automobile Mechanics Technology, which is 0.0536 times less than the 448 male recipients with that same degree.

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Time to Complete

19%
100% Completion Time
58%
150% Completion Time

In 2022, 19% of students graduating from NASCAR Technical Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 58% completed their degrees within 150% of the normal time, and 62% 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.
American Indian or Alaska Native Male
Highest Graduation Rate (75%)

The student demographic with the highest graduation rate in 2022 at NASCAR Technical Institute is Male and American Indian or Alaska Native (75% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    311 degrees awarded
  2. Hispanic or Latino
    90 degrees awarded
  3. Black or African American
    68 degrees awarded

The most common race/ethnicity at NASCAR Technical Institute is white (311 degrees awarded). There were 3.46 times more white recipients than the next closest race/ethnicity group, hispanic or latino (90 degrees).

2.76% of degree recipients (15 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    301 degrees awarded
  2. Hispanic or Latino Male
    85 degrees awarded
  3. Black or African American Male
    62 degrees awarded

The most common race/ethnicity and sex grouping at NASCAR Technical Institute is white male (301 degrees awarded). There were 3.54 times more white male recipients than the next closest race/ethnicity group, hispanic or latino male (85 degrees).

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Operations

NASCAR Technical Institute employs 39 No academic ranks. Most academics at NASCAR Technical Institute are Male No academic rank (39), and Female No academic rank (0).

The most common positions for non-instructional staff at NASCAR Technical Institute are: Business and Financial Operations, with 20 employees, Management, with 9 employees, and Natural Resources, Construction, and Maintenance with 2 employees.

Salary Expenditure

$9.06M
2022 Salaries
15.1%
growth from 2021

In 2022, NASCAR Technical Institute paid a median of $9.06M in salaries, a 15.1% growth from the previous year.

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

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Instructional Salaries

$2.7M
Instructional Salaries
39
Number of Employees

In 2022, NASCAR Technical Institute paid a total of $2.7M to 39 employees working as instructors, which represents 29.8% of all salaries paid.

This is compared to a median of $446k (66.8%) for similar Unknown.

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Occupations by Share

No academic rank
Most Common Instructor
39 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
20 Employees

In 2022, the most common positions for instructional staff at NASCAR Technical Institute was No academic rank with 39 employees.

In 2022, the most common positions for non-instructional staff at NASCAR Technical Institute were Business and Financial Operations with 20 employees, Management with 9 employees, and Natural Resources, Construction, and Maintenance with 2 employees.

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Instructors by Academic Rank and Sex

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

In 2022, the most common demographic for instructional staff at NASCAR Technical Institute was Male No academic rank with 39 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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