Carnegie Institute is a private for-profit trade school in Troy, Michigan, enrolling about 93 students. Programs focus on certificates and workforce credentials that prepare students for skilled trades and technical careers. Typical net price after grant aid is about $17,042 for students who receive it, compared with published tuition near $15,645. Median earnings about ten years after entry reach about $38,244 among students who received federal aid.

Key Facts

  • 2024 Undergraduate Tuition: $15,645
  • 2024 Average Net Price: $17,042 After Financial Aid
  • 2024 Acceptance Rate: N/A Moderate Selectivity
  • 2024 Enrolled Students: 93 28.0% Full-Time
  • 2024 Graduation Rate: 50.00%
  • First-Generation Students: 53.9%
  • Tuition trend: In-state tuition increase of 2.0% from 2022 to 2023 (College Scorecard).
  • Net price trend: Average net price decrease of 3.6% from 2022 to 2023 (College Scorecard).
  • Undergraduate Enrollment: 142
  • Room & Board: $9,909 annual estimate

Carnegie Institute: what the data shows

Common questions about Carnegie Institute, answered from College Scorecard and IPEDS in this repository.

Where is Carnegie Institute?

Carnegie Institute is located in Troy, MI (ZIP 48083).

NCES locale classification: Town.

Is Carnegie Institute public or private?

Carnegie Institute is a Private For-profit institution.

How much does Carnegie Institute cost?

Published tuition: $15,645.

Average net price after aid: $17,042.

Family income bandAvg. net price
$30,001–$48,000$14,198
$48,001–$75,000$17,921
$110,001+$21,852

Sticker tuition × four years (estimate, no room/board): $62,580.

How big is Carnegie Institute?

Total enrollment: 93 students.

Undergraduate enrollment: 142 students.

About 28% enroll full-time in our extract.

What is the graduation rate at Carnegie Institute?

150%-time completion rate: 50.00%.

First-year retention: 66.7%.

What do graduates of Carnegie Institute earn?

Median earnings: $36,364 six years after entry; $38,244 ten years after entry (College Scorecard).

How much debt do students have?

Median federal loan debt among completers: $9,336.

63.11% of students receive Pell grants.

What is Carnegie Institute known for?

Largest IPEDS program completions at this institution:

See ROI & Programs for more.

Is Carnegie Institute a good school?

We do not score schools on opinion. Federal data in our extract show completion rate 50.00%; median earnings $38,244 at 10 years; net price $17,042. Compare these figures to your cost, aid, and career goals.

Tuition & Cost

Tuition Costs

$15,645
2024 Undergraduate Tuition

In 2024, the cost of tuition at Carnegie Institute was $15,645.

Tuition comparison with similar institutions.

Average Net Price

$17,042
2024 Value

In 2024 Carnegie Institute had an average net price — the price paid after factoring in grants and loans — of $17,042.

Average net price comparison with similar institutions.

Total Cost of Attendance

$68,168 Estimated 4-Year Total Cost

$17,042 Average Annual Net Price (after aid)

$62,580 4-Year Tuition

$9,909 Room & Board (annual, on-campus estimate)

$185 Books & Supplies (annual estimate)

$25,739 Estimated Annual Sticker (tuition + room/board + books)

$102,956 Estimated 4-Year Sticker (before aid)

4-year total cost breakdown for Carnegie Institute.

Financial Aid by Income Level

63.11% Undergraduates Receiving Financial Aid through Grants

75.73% Undergraduates Receiving Financial Aid through Loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00%
3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at Carnegie Institute was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Carnegie Institute in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$11,765$11,765$13,376
2014$12,640$12,640$13,274
2015$12,666$12,666$14,930
2016$13,100$13,100$18,139
2017$13,290$13,290$17,229
2018$13,670$13,670$16,362
2019$14,070$14,070$15,364
2020$14,402$14,402$14,771
2021$14,702$14,702$16,978
2022$15,042$15,042$14,960
2023$15,342$15,342$14,418

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Acceptance Rate & Admissions

Acceptance Rate

Acceptance rate data is not available for this institution.

Acceptance rate compared to national average.

Test Scores

Test score data is not available for this institution.

Average SAT and ACT scores for admitted students.

Academic Requirements

GPA requirements are not published by this institution. Contact the admissions office for specific academic requirements.

Estimated GPA and test score ranges.

Enrollment & Student Demographics

Carnegie Institute reported total enrollment of about 93 students in the latest College Scorecard extract. The student body is about 15% male and 85% female. Enrollment by race and ethnicity includes White (67.7%), Black or African American (14.0%), and Asian (8.6%). About 63.11% of undergraduates receive Pell Grants. Roughly 53.9% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

28.0% Full-Time Enrollment

The total enrollment at Carnegie Institute in 2024 is 93 students.

Undergraduate enrollment is about 142 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

66.7%
2024 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.

Retention rate over time compared to similar institutions.

Enrollment by Race & Ethnicity

The largest enrollment share in our College Scorecard extract is White at 67.7%.

Shares are for total enrollment (undergraduate and graduate combined when reported).

College Scorecard student demographics.

Graduates & Outcomes

Time to Complete

50.00% 100% Completion Time

50.00% 150% Completion Time

In 2024, 50.00% of students graduating from Carnegie Institute completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Cardiovascular Technology/Technologist: 4% male / 96% female
  • Electroneurodiagnostic/Electroencephalographic Technology/Technologist: 12% male / 88% female
  • Medical/Clinical Assistant: 22% male / 78% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

Combined IPEDS award counts across reported programs; largest group: White.

Summed across program completion records in our extract.

ROI & Programs

Financial value and program information for Carnegie Institute.

Return on Investment

$9,336 Median Student Debt

$38,244 Median Annual Earnings (10 years)

24.41% Debt-to-Earnings Ratio

461.03% Return on Investment

2.4 years Estimated Payback Period

Financial value analysis for Carnegie Institute.

Top Programs by Completions

8 largest programs by IPEDS completions (of 9 reported codes; aggregate/unknown CIP buckets excluded).

1. Cardiovascular Technology/Technologist: 25 completions

2. Electroneurodiagnostic/Electroencephalographic Technology/Technologist: 16 completions

3. Medical/Clinical Assistant: 9 completions

4. Massage Therapy/Therapeutic Massage: 9 completions

5. Allied Health Diagnostic, Intervention, and Treatment Professions, Other: 5 completions

6. Electrocardiograph Technology/Technician: 4 completions

7. Medical Insurance Specialist/Medical Biller: 1 completions

8. Medical Administrative/Executive Assistant and Medical Secretary: 1 completions

Most popular programs at Carnegie Institute.

Employment Outcomes

Employment outcome data is not available for this institution.

Earnings outcomes for Carnegie Institute graduates.

Operations

Instructional staffing and expenditure indicators for Carnegie Institute from College Scorecard (not a full IPEDS finance statement).

Instructional Resources

  • Instructional expenditure per FTE: $7,621

Endowment and detailed non-instructional staff counts require IPEDS Finance/HR surveys and are not in this extract.

Scorecard instructional metrics where reported.

About

Carnegie Institute is a private for-profit institution located in Troy, MI. In the latest IPEDS completions in our extract, the largest programs by awards were Cardiovascular Technology/Technologist, Electroneurodiagnostic/Electroencephalographic Technology/Technologist, Medical/Clinical Assistant. Enrollment is approximately 93 students. Student body composition includes White (67.7%), Black or African American (14.0%), Asian (8.6%). The 150%-time completion rate is 50.00%. Approximately 63.11% of students receive Pell Grants. About 53.9% of students are first-generation college students.

Institution Type

Private For-profit

Location

Troy, MI 48083

Region: Great Lakes

Insights and Analysis

Carnegie Institute provides educational opportunities for students seeking higher education. Prospective students should carefully evaluate all factors including costs, outcomes, and program offerings when making their enrollment decisions.

Frequently Asked Questions

Where is Carnegie Institute located?

Carnegie Institute is located in Troy, MI.

How much does Carnegie Institute cost?

Reported tuition is $15,645 and average net price is $17,042 in the latest College Scorecard data. On-campus room and board is estimated at $9,909 annually.

What is the student body demographics at Carnegie Institute?

Carnegie Institute reports undergraduate enrollment of about 142 students, White (67.7%), Black or African American (14.0%) in federal College Scorecard data.

How many first-generation students attend Carnegie Institute?

About 53.9% of students at Carnegie Institute are first-generation college students.

What do graduates of Carnegie Institute earn?

Median earnings are $36,364 six years after entry and $38,244 ten years after entry.

What is the graduation rate at Carnegie Institute?

The 150%-time completion rate is 50.0% for the cohort reported to the College Scorecard.

How much debt do Carnegie Institute students have?

Median federal loan debt among completers is $9,336.

Is Carnegie Institute public or private?

Carnegie Institute is a private for-profit institution located in Troy, MI.

Is Carnegie Institute an HBCU?

No. Carnegie Institute is not flagged as an HBCU in the IPEDS institutional directory.

Is Carnegie Institute a tribal college?

No. Carnegie Institute is not flagged as a tribal college in IPEDS.

Is Carnegie Institute a Hispanic-serving institution (HSI)?

Using a 25% Hispanic enrollment threshold on College Scorecard demographics, Carnegie Institute does not meet that proxy (reported share 5.4%).

Is Carnegie Institute religiously affiliated?

No religious affiliation is reported for Carnegie Institute in IPEDS institutional characteristics.

Data Sources

This page uses data from the following sources:

  • Michigan trade schools profile
  • Troy, Michigan city profile
  • Great Lakes regional profile
  • All state profiles
  • Regional profiles
  • National benchmarks
  • School directory
  • All schools in Michigan
  • Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

    Last Updated: Data reflects the most recent available information as of January 2025.

    Methodology

    Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, which provides comprehensive information on institutions of higher education in the United States.

    All financial figures are adjusted for inflation and represent the most recent available data. Graduation rates and completion times are calculated according to federal standards.