| Type | Less than 2 year, Private |
|---|---|
| Business Model | For Profit |
| Campus locale | Suburb: Large |
| Degrees offered | Undergraduate |
| Calendar system | Differs by program |
| Student body size | Small |
|---|---|
| Student to faculty ratio | 14 to 1 |
| On-time graduation rate | 45% |
Located in Woburn, Massachusetts, Millennium Training Institute is a private, for profit institution that offers undergraduate degrees.
One of the notable aspects of Millennium Training Institute is its open admission policy. This means that all high school graduates and individuals who hold a GED qualification are eligible to apply for admission. This inclusive approach allows a wide range of students to pursue their higher education goals, regardless of their academic background.
Millennium Training Institute is accredited by the Accrediting Commission of Career Schools and Colleges, ensuring that the institution meets certain standards of quality and effectiveness. This accreditation also allows students to transfer credits to other accredited institutions if they choose to continue their education elsewhere.
With a students-to-faculty ratio of 14-to-1, Millennium Training Institute emphasizes small class sizes, fostering a supportive and interactive learning environment.
While the on-time graduation rate at Millennium Training Institute is reported to be 45%, it is essential to consider the context of this statistic. For-profit institutions often serve a diverse student population, including many non-traditional students who may face unique challenges in completing their degrees. For comparison, Massachusetts state's graduation rate for the 2021-2022 was 63% whereas the national average was 69%.
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Accredited by: Accrediting Commission of Career Schools and Colleges
Tuition & Fees
Medical Insurance Specialist/Medical Biller
| Program Length | 9 months |
| Tuition and Fees | $16,250 |
| Books and Supplies | $700 |
| Total Cost | $16,950 |
Similar schools that provide the same program:
Accounting Technology/Technician and Bookkeeping
| Program Length | 9 months |
| Tuition and Fees | $16,550 |
| Books and Supplies | $400 |
| Total Cost | $16,950 |
Similar schools that provide the same program:
Network and System Administration/Administrator
| Program Length | 9 months |
| Tuition and Fees | $16,550 |
| Books and Supplies | $400 |
| Total Cost | $16,950 |
Similar schools that provide the same program:
Average Net Price
The net price represents the amount of money students pay after receiving financial aid. In 2022, the average net price for first-year, full-time students at Millennium Training Institute was $27,453. This amount varies among students due to the different levels of financial aid offered based on their family's financial status.
Financial aid includes federal, state, or local government grants and institutional grants and scholarships
Below is the average net price of Less than 2 year, private For Profit colleges in Massachusetts and nationwide.
| Massachusetts's average | $17,351 |
|---|---|
| National average | $17,367 |
Tuition Plans
Tuition plans offered by Millennium Training Institute during 2022 academic year.
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Prepaid tuition planNot Offered
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Guaranteed tuition planNot Offered
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Tuition payment planOffered
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Other alternative tuition planNot Offered
Financial Aid
Average Grant & Scholarships
In 2022, 93 of freshman students at Millennium Training Institute received on average $8,200 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.
Average Student Loans
In 2022, 48% of freshman students at Millennium Training Institute received $9,222 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.
Financial Aid By Income Level
Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.
Academic Programs
Health Professions
Total number of students graduated under this category 67Medical/Clinical Assistant
Medical Insurance Specialist/Medical Biller
Business
Total number of students graduated under this category 24Accounting Technology/Technician and Bookkeeping
Business Operations Support and Secretarial Services
Computer and Information Science
Total number of students graduated under this category 12Network and System Administration/Administrator
Outcome
Graduation Rate
Out of 31 students who enrolled in 2018 and after, 14 students graduated within the normal graduation time of their respective program and 26 students graduated late (within 150% of the normal time it takes to graduate).
83.9%
Dropout Rate
Out of 31 students who enrolled in 2018 and after, 5 students dropped out of the school.
16.1%
Students Population
Gender Diversity
Based on the 2021-2022 data, the undergraduate student population at Millennium Training Institute is greatly skewed towards women students, with 88.0% of undergraduate students being women and 12.0% being men. The total number of full-time, first-year undergraduate students is 125, with 110 women and 15 men.
- men 12.0% 15 students
- women 88.0% 110 students
Students Age Diversity
- 40-49 22% 28 students
- 50-64 18% 23 students
- 25-29 16% 20 students
- 30-34 16% 20 students
- 35-39 11% 14 students
- 22-24 10% 12 students
- 20-21 3% 4 students
- 18-19 2% 3 students
Miscellaneous
Service Offerings
- Placement services for graduates
- Employment services for students
Educational Offerings
- Occupational