Formations Institute

Enid, OK

School Background

2022 Undergraduate Enrollment: 25
Graduate Enrollment: 0
N/A
Highest degree awarded: Certificate
Religious Affiliation: None

Campus Details

Town: Remote (in urban cluster more than 35 miles from an urbanized area)
N/A // N/A

Applicant and Admittance Traits

2022 Admission Rate: 0%

Male/Female: /

First generation college students: 53.8% (2012)
Percentage of students who are married when enrolled: 27.3% (2017)
Percentage of students who are veterans:

Test scores for admission:


Appliants applying to 2+ schools: 38.5% (2016)
Appliants applying to 3+ schools:
Appliants applying to 4+ schools:
Appliants applying to 5+ schools: 23.3% (2008)

Ethnicity Information

White: 68.0%
Black: 8.0%
Hispanic: 16.0%
Asian: 0.0%
American Indian/Alaska Native: 4.0%
Native Hawaiian/Pacific Islander: 0.0%
2+ races: 4.0%
Non-resident alien: 0.0%
Unknown race: 0.0%

Costs & Fees

2022 Average Tuition & Fees (Room/Board/Books): $0
In-State tuition: $0
Out-of-State tuition: $0

Estimated books and supplies:
Estimated on-campus room & board:
Estimated on-campus other fees:

Estimated off-campus room & board:
Estimated off-campus other fees:

Average Family Income: $34,504 (2017)
Median Family Income: $17,591 (2017)

Scholarships & Financial Aid

Percentage of students receiving Pell Grant: 67.4%
Percentage of students with Federal Loans: 36.7%

Median federal loan debt at graduation: $8,975 (2020)
Median federal loan payment:

Household Income Net Cost
0-$30k $17,244
$30k-48k $19,508
$48k-75k $19,956
$75k-110k $0
$110k+ $20,855

Graduate Outcomes & Job Placements

4-year graduation rate: 0%
6-year graduation rate: 0%

1 year post-graduation workforce participation: 97.4% (2020)

Loans

Median federal debt for graduates: $8,975 (2020)
Median federal debt for non-graduates: $5,500 (2010)

Median federal debt for first-generation graduates: $4,750 (2016)
Median federal debt for Pell grant recipient graduates:

Ability to Repay Loans

Graduates, % of Loans in Repayment
(Non-delinquent/default)		 Percentage
@1 Year
@3 year
@5 year


1-year Graduate % of Loans being Repaid (Non-delinquent/default) - Pell Grant Recipients:
1-year Graduate % of Loans being Repaid - 1st Generation Attendees: 43.6% (2013)

Earnings Power

Median earnings, 1 year post graduation: $11,053 (2020)
Median earnings, 4 years post graduation: $15,749 (2020)

Popular Majors

Type of Degree Major 2022 Graduates Median Federal Debt Median Monthly Payment 1yr Median Earnings (monthly gross) 4yr Median Earnings (monthly gross)
Undergraduate Certificate or Diploma Cosmetology and Related Personal Grooming Services. 17 $9,500 $95 $10,929 ($911) $15,681 ($1,307)


Campus Resources

Average faculty salary: $0
Full time faculty: 0%

Undergraduate student-to-faculty ratio: 8.0

School's endowment start of year:
School's endowment end of year: