Prism Career Institute-Philadelphia

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2022 Average Net Price
$28,449
After Financial Aid
2019 Default Rate
4.05%
on Student Loans
2016 Acceptance Rate
38.7%
915 Applicants
2022 Enrolled Students
393
100% Full-Time

About

Prism Career Institute-Philadelphia is a higher education institution located in Philadelphia County, PA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Prism Career Institute-Philadelphia were Other Practical Nursing, Vocational Nursing, & Nursing Assistants (138 degrees awarded).

In 2022, 138 degrees were awarded across all undergraduate and graduate programs at Prism Career Institute-Philadelphia. 97.8% of these degrees were awarded to women, and 2.17% awarded men. The most common race/ethnicity group of degree recipients was black or african american (108 degrees), 7.71 times more than then the next closest race/ethnicity group, white (14 degrees).

In 2019 the default rate for borrower's at Prism Career Institute-Philadelphia was 4.05%, corresponding to 22 out of the 543 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $28,449.

In 2022, 61% of undergraduate students attending Prism Career Institute-Philadelphia received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Average Net Price

$28,449
2022 Value
8.41%
1 Year Growth

In 2022 Prism Career Institute-Philadelphia had an average net price — the price paid after factoring in grants and loans — of $28,449. Between 2021 and 2022, the average net price of Prism Career Institute-Philadelphia grew by 8.41%.

This chart compares the average net price of Prism Career Institute-Philadelphia (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

61%
Undergraduates Receiving Financial Aid through Grants
45%
Undergraduates Receiving Financial Aid through Loans

61% of undergraduate students at Prism Career Institute-Philadelphia received financial aid through grants or loans in 2022. This represents a growth of 15.1% with respect to 2021, when 53% of undergraduate students received financial aid.

This chart compares the average award discount at Prism Career Institute-Philadelphia (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.
4.05%
2019 Default Rate
22
Number of Defaults

In 2019 the default rate for borrower's at Prism Career Institute-Philadelphia was 4.05%, which represents 22 out of the 543 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

Prism Career Institute-Philadelphia received 915 undergraduate applications in 2016, which represents a 23% annual growth. Out of those 915 applicants, 354 students were accepted for enrollment, representing a 38.7% acceptance rate.

There were 393 students enrolled at Prism Career Institute-Philadelphia in 2022.

Prism Career Institute-Philadelphia has an overall enrollment yield of 59.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

38.7%
Acceptance Rate in 2016
354
Accepted Out of 915

In 2016, the undergraduate acceptance rate of Prism Career Institute-Philadelphia was 38.7% (354 admissions from 915 applications). This is higher than the acceptance rate of 2015, which was 36.4%. Between 2015 and 2016, the number of applicants grew by 23%, while admissions grew by 30.6%.

This chart compares the acceptance rate of Prism Career Institute-Philadelphia (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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Enrollment

Prism Career Institute-Philadelphia had a total enrollment of 393 students in 2022. The full-time enrollment at Prism Career Institute-Philadelphia is 393 students and the part-time enrollment is 0. This means that 100% of students enrolled at Prism Career Institute-Philadelphia are enrolled full-time.

The enrolled student population at Prism Career Institute-Philadelphia, both undergraduate and graduate, is 80.2% Black or African American, 9.92% Hispanic or Latino, 5.34% White, 2.29% Asian, and 1.02% Two or More Races.

Students enrolled at Prism Career Institute-Philadelphia in full-time Undergraduate programs are most commonly Black or African American Female (73.8%), followed by Hispanic or Latino Female (9.67%) and Black or African American Male (6.36%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Prism Career Institute-Philadelphia in 2022, both undergraduate and graduate, is 393 students. The full-time enrollment at Prism Career Institute-Philadelphia is 393 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Prism Career Institute-Philadelphia (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 Prism Career Institute-Philadelphia was 71%.

This chart shows the retention rate over time at Prism Career Institute-Philadelphia (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Black or African American
    315 enrolled students
  2. Hispanic or Latino
    39 enrolled students
  3. White
    21 enrolled students

The enrolled student population at Prism Career Institute-Philadelphia is 80.2% Black or African American, 9.92% Hispanic or Latino, 5.34% White, 2.29% Asian, and 1.02% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 132 more women than men received degrees from Prism Career Institute-Philadelphia. The most common race/ethnicity group of degree recipients at Prism Career Institute-Philadelphia is black or african american (108 degrees awarded). There were 7.71 times more black or african american recipients than the next closest race/ethnicity group, white (14 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Prism Career Institute-Philadelphia is Other Practical Nursing, Vocational Nursing, & Nursing Assistants (138 degrees awarded).

In 2022,  the most specialized majors across all degree types at Prism Career Institute-Philadelphia, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (138 degrees awarded).

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 Prism Career Institute-Philadelphia are Registered nurses (1,394,826 people), Medical & health services managers (151,000 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Prism Career Institute-Philadelphia in 2022 are Health (138 degrees awarded) (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 Prism Career Institute-Philadelphia are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at Prism Career Institute-Philadelphia are Health (138 degrees awarded) (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 Prism Career Institute-Philadelphia are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,482,206 people), Outpatient care centers (237,556 people), Elementary & secondary schools (215,578 people), Offices of physicians (201,917 people), and Colleges, universities & professional schools, including junior colleges (129,843 people).

The most specialized majors at Prism Career Institute-Philadelphia are Health (138 degrees awarded) (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 Prism Career Institute-Philadelphia.

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Prism Career Institute-Philadelphia was Other Practical Nursing, Vocational Nursing, & Nursing Assistants with 138 degrees awarded.

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

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Sex Breakdown for Common Majors

3
Degrees Awarded to Men
in 2022
135
Degrees Awarded to Women
in 2022

In 2022, 3 degrees were awarded to men at Prism Career Institute-Philadelphia, which is 0.0222 times less than the number of degrees awarded to females (135).

This chart displays the sex disparity between the top 5 majors at Prism Career Institute-Philadelphia by degrees awarded.

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Most Common Male Majors

In 2022, 3 degrees were awarded to men at Prism Career Institute-Philadelphia in Other Practical Nursing, Vocational Nursing, & Nursing Assistants, which is 0.0222 times less than the 135 female recipients with that same degree.

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Most Common Female Majors

In 2022, 135 degrees were awarded to men at Prism Career Institute-Philadelphia in Other Practical Nursing, Vocational Nursing, & Nursing Assistants, which is 45 times more than the 3 male recipients with that same degree.

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Time to Complete

32%
100% Completion Time
51%
150% Completion Time

In 2022, 32% of students graduating from Prism Career Institute-Philadelphia completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 53% 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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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. Black or African American
    108 degrees awarded
  2. White
    14 degrees awarded
  3. Hispanic or Latino
    12 degrees awarded

The most common race/ethnicity at Prism Career Institute-Philadelphia is black or african american (108 degrees awarded). There were 7.71 times more black or african american recipients than the next closest race/ethnicity group, white (14 degrees).

0.725% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

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

The most common race/ethnicity and sex grouping at Prism Career Institute-Philadelphia is black or african american female (107 degrees awarded). There were 8.92 times more black or african american female recipients than the next closest race/ethnicity group, hispanic or latino female (12 degrees).

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