Institute for Business & Technology - 2022 Annual Report Summary

1. Report Year: 2022

2. Institution Code: 4300501

3. Institution Name: Institute for Business & Technology

4. Street Address (Physical Location): 2400 Walsh Ave

5. City: Santa Clara

6. State: CA

7. Zip Code: 95051

8. Form of business organization of this institution: N/A

9. Number of Branch Locations: 1

10. Number of Satellite Locations: 0

11a. Is this institution current with all assessments to the Student Tuition Recovery Fund? Yes

11b. Is this institution current on Annual Fees?: Yes

12. Is your institution accredited by an accrediting agency/agencies recognized by the United States Department of Education? Yes

13. If your institution has specialized accreditation from a recognized United States Department of Education approved specialized/programmatic accreditor? N/A

14. Has any accreditation agency taken any final disciplinary action against this institution in the reporting year? No

15. Does your institution participate in federal financial aid programs under Title IV of the Federal Higher Education Act? (This includes federal loans and grants) Yes

16. Does your institution participate in veterans' financial aid education programs? Yes

16a. What is the total amount of veterans' financial aid funds received by your institution in this Reporting Year? $778,876.07

17. Does your institution participate in the Cal Grant program? No

18. Is your institution on California`s Eligible Training Provider List (ETPL)? Yes

19. Is your institution receiving funds from the Work Innovation and Opportunity Act (WIOA) Program? Yes

20. Does your Institution participate in, or offer, any other state or federal government financial aid programs? (i.e., vocational rehab…) Yes

20a. You indicated "Yes" for #20, please provide the name of the financial aid program below: VocRehab

21. Provide the percentage of institutional income during this Reporting Year that was derived from public funding: 64

22. Does your Institution participate in, or offer any non-government financial aid programs? (i.e., private grants/loans, institutional grants/loans): Yes

22a. You indicated "Yes" for #22, please provide the name of the financial aid programs below.: Institutional loans - serviced by Tuition Options

23. The percentage of institutional income in the reporting year that was derived from any non-government financial aid: 14

24. Enter the most recent three-year cohort default rate reported by the U.S. Department of Education for this institution, if applicable: 0

25. Provide the percentage of the students who attended this institution during this Reporting Year who received federal student loans to help pay their cost of education at the school: 78

27. Total number of students currently enrolled at this institution. Indicate the number of students attending and/or enrolled in all programs at your institution (minus the number of students who cancelled during the cancellation period) January 1st through December 31st: 929

28. Number of Doctorate Degree Programs Offered? Indicate the number of Doctorate degree Programs the institution offered for the reporting year. (Number of Programs not Students): 0

29. Number of Students enrolled in Doctorate programs at this institution? Indicate the number of students enrolled and/or active in all Doctorate programs at your institution as of January 1st through December 31st, minus the number of students who cancelled during the cancellation period: 0

30. Number of Master Degree Programs Offered? Indicate the number of Master degree Programs the institution offered for the reporting year. (Number of Programs not Students): 0

31. Number of Students enrolled in Master programs at this institution? Indicate the number of students enrolled and/or active in all Master programs at your institution as of January 1st through December 31st, minus the number of students who cancelled during the cancellation period: 0

32. Number of Bachelor Degree Programs Offered? Indicate the number of Bachelor degree Programs the institution offered for the reporting year. (Number of Programs not Students): 0

33. Number of Students enrolled in Bachelor programs at this institution? Indicate the number of students enrolled and/or active in all Bachelor programs at your institution as of January 1st through December 31st, minus the number of students who cancelled during the cancellation period: 0

34. Number of Associate Degree Programs Offered? Indicate the number of Associate degree Programs offered for the reporting year. (Number of Programs not Students) : N/A

35. Number of Students enrolled in Associate programs at this institution? Indicate the number of students enrolled and/or active in all Associate programs at your institution as of January 1st through December 31st, minus the number of students who cancelled during the cancellation period: 23

36. Number of Diploma or Certificate Programs Offered? Indicate the number of Diploma or Certificate Programs offered for the reporting year. (Number of Programs not Students): 5

37. Number of Students enrolled in diploma or certificate programs at this institution? Indicate the number of students enrolled and/or active in all diploma/certificate programs at your institution as of January 1st through December 31st, minus the number of students who cancelled during the cancellation period: 906

Institution's Website: https://ibt.edu/about/student-consumer-information/

School Performance Fact Sheet

Catalog

1. Report Year: 2022

2. Institution Code: 4300501

3. Institution Name: Institute for Business and Technology

4. Name of Program: Medical Assistant

5. Program Level: Diploma/Certificate

6. Select the Classification of Instructional Programs (CIP) Code that applies to this educational program: Medical/Clinical Assistant.

7. Select all Standard Occupational Classification (SOC) Codes that apply to this program: 11-9111 - Medical and Health Services Managers, 29-2072 - Medical Records Specialists, 29-9021 - Health Information Technologists and Medical Registrars, 31-9092 - Medical Assistants, 31-9099 - Healthcare Support Workers, All Other

8. Number of Degrees, Diplomas or Certificates Awarded: 136

9. Total Charges for this Program: $13,785.00

10. The percentage of enrolled students in the reporting year receiving federal student loans to pay for this program: 82

11. The percentage of graduates in the reporting year who took out federal student loans to pay for this program: 80

12. Number of Students Who Began the Program: 157

13. Number of Students Available for Graduation: 157

14. Number of On-time Graduates: 97

15. Completion Rate: 61.78

16. 150% Graduates?: N/A

17. 150% Completion Rate: N/A

18. Is the above data taken from the Integrated Postsecondary Education Data System (IPEDS) of the United States Department of Education?: No

19. Graduates Available for Employment: 135

20. Graduates Employed in the Field: 91

21. Placement Rate: 67.41

22. Graduates employed in the field

22a. 20 to 29 hours per week: 7

22b. at least 30 hours per week: 84

23. Indicate the number of graduates employed

23a. In a single position in the field of study: 91

23b. In concurrent aggregated positions in the field of study (2 or more positions at the same time): 0

23c. Freelance/self-employed: 0

23d. By the institution or an employer owned by the institution, or an employer who shares ownership with the institution: 0

24. Does this "Program" lead to a certificate or degree related to one or more of the following allied health professionals that requires clinical training?: Yes

24a. The Allied Health Professions requiring clinical training: Medical Assistant

26. Does this educational program lead to an occupation that requires State licensing? No

43. Graduates Available for Employment: 135

44. Graduates Employed in the Field: 91

45. Graduates Employed in the Field Reported receiving the following Salary or Wage:

1. Report Year: 2022

2. Institution Code: 4300501

3. Institution Name: Institute for Business and Technology

4. Name of Program: Lab Assistant (EKG Techn/Phlebotomist)

5. Program Level: Diploma/Certificate

6. Select the Classification of Instructional Programs (CIP) Code that applies to this educational program: Clinical/Medical Laboratory Technician.

7. Select all Standard Occupational Classification (SOC) Codes that apply to this program: 19-4021 - Biological Technicians, 29-2012 - Medical and Clinical Laboratory Technicians, 29-2031 - Cardiovascular Technologists and Technicians, 31-9092 - Medical Assistants, 31-9093 - Medical Equipment Preparers, 31-9096 - Veterinary Assistants and Laboratory Animal Caretakers, 31-9097 - Phlebotomists, 31-9099 - Healthcare Support Workers

8. Number of Degrees, Diplomas or Certificates Awarded: 64

9. Total Charges for this Program: $14,777.50

10. The percentage of enrolled students in the reporting year receiving federal student loans to pay for this program: 85

11. The percentage of graduates in the reporting year who took out federal student loans to pay for this program: 78

12. Number of Students Who Began the Program: 93

13. Number of Students Available for Graduation: 93

14. Number of On-time Graduates: 46

15. Completion Rate: 49.46

16. 150% Graduates?: N/A

17. 150% Completion Rate: N/A

18. Is the above data taken from the Integrated Postsecondary Education Data System (IPEDS) of the United States Department of Education?: No

19. Graduates Available for Employment: 63

20. Graduates Employed in the Field: 23

21. Placement Rate: 36.51

22. Graduates employed in the field

22a. 20 to 29 hours per week: 1

22b. at least 30 hours per week: 22

23. Indicate the number of graduates employed

23a. In a single position in the field of study: 23

23b. In concurrent aggregated positions in the field of study (2 or more positions at the same time): 0

23c. Freelance/self-employed: 0

23d. By the institution or an employer owned by the institution, or an employer who shares ownership with the institution: 0

24. Does this "Program" lead to a certificate or degree related to one or more of the following allied health professionals that requires clinical training?: Yes

24a. The Allied Health Professions requiring clinical training: Medical Lab Technician

26. Does this educational program lead to an occupation that requires State licensing? Yes

26a. Do graduates have the option or requirement for more than one type of licensing State exam? Yes

Exam Passage Rate Data - 2020

Exam Passage Rate Data - 2019

43. Graduates Available for Employment: 63

44. Graduates Employed in the Field: 23

45. Graduates Employed in the Field Reported receiving the following Salary or Wage:

1. Report Year: 2022

2. Institution Code: 4300501

3. Institution Name: Institute for Business and Technology

4. Name of Program: Cloud Computing & Cybersecurity

5. Program Level: Associate

6. Select the Classification of Instructional Programs (CIP) Code that applies to this educational program: Computer and Information Systems Security.

7. Select all Standard Occupational Classification (SOC) Codes that apply to this program: 11-3021 - Computer and Information Systems Managers, 15-1211 - Computer Systems Analysts, 15-1212 - Information Security Analysts, 15-1231 - Computer Network Support Specialists, 15-1241 - Computer Network Architects, 15-1299 - Computer Occupations

8. Number of Degrees, Diplomas or Certificates Awarded: 0

9. Total Charges for this Program: $35,537.50

10. The percentage of enrolled students in the reporting year receiving federal student loans to pay for this program: 91

11. The percentage of graduates in the reporting year who took out federal student loans to pay for this program: 0

12. Number of Students Who Began the Program: 23

13. Number of Students Available for Graduation: 0

14. Number of On-time Graduates: 0

15. Completion Rate: N/A

16. 150% Graduates?: N/A

17. 150% Completion Rate: N/A

18. Is the above data taken from the Integrated Postsecondary Education Data System (IPEDS) of the United States Department of Education?: No

19. Graduates Available for Employment: 0

20. Graduates Employed in the Field: 0

21. Placement Rate: N/A

22. Graduates employed in the field

22a. 20 to 29 hours per week: 0

22b. at least 30 hours per week: 0

23. Indicate the number of graduates employed

23a. In a single position in the field of study: 0

23b. In concurrent aggregated positions in the field of study (2 or more positions at the same time): 0

23c. Freelance/self-employed: 0

23d. By the institution or an employer owned by the institution, or an employer who shares ownership with the institution: 0

24. Does this "Program" lead to a certificate or degree related to one or more of the following allied health professionals that requires clinical training?: No

26. Does this educational program lead to an occupation that requires State licensing? No

43. Graduates Available for Employment: 0

44. Graduates Employed in the Field: 0

45. Graduates Employed in the Field Reported receiving the following Salary or Wage:

1. Report Year: 2022

2. Institution Code: 4300501

3. Institution Name: Institute for Business and Technology

4. Name of Program: Medical Biller and Coder/Office Specialist

5. Program Level: Diploma/Certificate

6. Select the Classification of Instructional Programs (CIP) Code that applies to this educational program: 51.0707 - Health Information/Medical Records Technology/Technician.

7. Select all Standard Occupational Classification (SOC) Codes that apply to this program: 29-2072 - Medical Records Specialists, 29-9021 - Health Information Technologists and Medical Registrars, 43-6013 - Medical Secretaries and Administrative Assistants

8. Number of Degrees, Diplomas or Certificates Awarded: 19

9. Total Charges for this Program: $13,810.00

10. The percentage of enrolled students in the reporting year receiving federal student loans to pay for this program: 77

11. The percentage of graduates in the reporting year who took out federal student loans to pay for this program: 79

12. Number of Students Who Began the Program: 32

13. Number of Students Available for Graduation: 32

14. Number of On-time Graduates: 9

15. Completion Rate: 28.13

16. 150% Graduates?: N/A

17. 150% Completion Rate: N/A

18. Is the above data taken from the Integrated Postsecondary Education Data System (IPEDS) of the United States Department of Education?: No

19. Graduates Available for Employment: 19

20. Graduates Employed in the Field: 14

21. Placement Rate: 73.68

22. Graduates employed in the field

22a. 20 to 29 hours per week: 1

22b. at least 30 hours per week: 13

23. Indicate the number of graduates employed

23a. In a single position in the field of study: 14

23b. In concurrent aggregated positions in the field of study (2 or more positions at the same time): 0

23c. Freelance/self-employed: 0

23d. By the institution or an employer owned by the institution, or an employer who shares ownership with the institution: 0

24. Does this "Program" lead to a certificate or degree related to one or more of the following allied health professionals that requires clinical training?: No

26. Does this educational program lead to an occupation that requires State licensing? No

43. Graduates Available for Employment: 19

44. Graduates Employed in the Field: 14

45. Graduates Employed in the Field Reported receiving the following Salary or Wage:

1. Report Year: 2022

2. Institution Code: 4300501

3. Institution Name: Institute for Business and Technology

4. Name of Program: Cardiovascular Sonography

5. Program Level: Associate

6. Select the Classification of Instructional Programs (CIP) Code that applies to this educational program: Diagnostic Medical Sonography/Sonographer and Ultrasound Technician.

7. Select all Standard Occupational Classification (SOC) Codes that apply to this program: 29-2012 - Medical and Clinical Laboratory Technicians, 29-2031 - Cardiovascular Technologists and Technicians, 29-2032 - Diagnostic Medical Sonographers, 29-2099 - Health Technologists and Technicians

8. Number of Degrees, Diplomas or Certificates Awarded: 0

9. Total Charges for this Program: $58,034.00

10. The percentage of enrolled students in the reporting year receiving federal student loans to pay for this program: 0

11. The percentage of graduates in the reporting year who took out federal student loans to pay for this program: 0

12. Number of Students Who Began the Program: 0

13. Number of Students Available for Graduation: 0

14. Number of On-time Graduates: 0

15. Completion Rate: N/A

16. 150% Graduates?: N/A

17. 150% Completion Rate: N/A

18. Is the above data taken from the Integrated Postsecondary Education Data System (IPEDS) of the United States Department of Education?: No

19. Graduates Available for Employment: 0

20. Graduates Employed in the Field: 0

21. Placement Rate: N/A

22. Graduates employed in the field

22a. 20 to 29 hours per week: 0

22b. at least 30 hours per week: 0

23. Indicate the number of graduates employed

23a. In a single position in the field of study: 0

23b. In concurrent aggregated positions in the field of study (2 or more positions at the same time): 0

23c. Freelance/self-employed: 0

23d. By the institution or an employer owned by the institution, or an employer who shares ownership with the institution: 0

24. Does this "Program" lead to a certificate or degree related to one or more of the following allied health professionals that requires clinical training?: Yes

24a. The Allied Health Professions requiring clinical training: Cardiovascular Technologist, Diagnostic Medical Sonographer

26. Does this educational program lead to an occupation that requires State licensing? No

43. Graduates Available for Employment: 0

44. Graduates Employed in the Field: 0

45. Graduates Employed in the Field Reported receiving the following Salary or Wage:

1. Report Year: 2022

2. Institution Code: 4300501

3. Institution Name: Institute for Business and Technology

4. Name of Program: Commercial Refrigeration, Heating & Air Conditioning

5. Program Level: Diploma/Certificate

6. Select the Classification of Instructional Programs (CIP) Code that applies to this educational program: Heating

7. Select all Standard Occupational Classification (SOC) Codes that apply to this program: 17-3029 - Engineering Technologists and Technicians, Except Drafters, All Other, 49-9021 - Heating

8. Number of Degrees, Diplomas or Certificates Awarded: 234

9. Total Charges for this Program: $16,912.50

10. The percentage of enrolled students in the reporting year receiving federal student loans to pay for this program: 74

11. The percentage of graduates in the reporting year who took out federal student loans to pay for this program: 74

12. Number of Students Who Began the Program: 288

13. Number of Students Available for Graduation: 288

14. Number of On-time Graduates: 211

15. Completion Rate: 73.26

16. 150% Graduates?: N/A

17. 150% Completion Rate: N/A

18. Is the above data taken from the Integrated Postsecondary Education Data System (IPEDS) of the United States Department of Education?: No

19. Graduates Available for Employment: 228

20. Graduates Employed in the Field: 155

21. Placement Rate: 67.98

22. Graduates employed in the field

22a. 20 to 29 hours per week: 0

22b. at least 30 hours per week: 155

23. Indicate the number of graduates employed

23a. In a single position in the field of study: 155

23b. In concurrent aggregated positions in the field of study (2 or more positions at the same time): 0

23c. Freelance/self-employed: 0

23d. By the institution or an employer owned by the institution, or an employer who shares ownership with the institution: 0

24. Does this "Program" lead to a certificate or degree related to one or more of the following allied health professionals that requires clinical training?: No

26. Does this educational program lead to an occupation that requires State licensing? No

43. Graduates Available for Employment: 228

44. Graduates Employed in the Field: 155

45. Graduates Employed in the Field Reported receiving the following Salary or Wage:

1. Report Year: 2022

2. Institution Code: 4300501

3. Institution Name: Institute for Business and Technology

4. Name of Program: Electrician

5. Program Level: Diploma/Certificate

6. Select the Classification of Instructional Programs (CIP) Code that applies to this educational program: Electrician.

7. Select all Standard Occupational Classification (SOC) Codes that apply to this program: N/A

8. Number of Degrees, Diplomas or Certificates Awarded: 422

9. Total Charges for this Program: $17,492.50

10. The percentage of enrolled students in the reporting year receiving federal student loans to pay for this program: 78

11. The percentage of graduates in the reporting year who took out federal student loans to pay for this program: 44

12. Number of Students Who Began the Program: 490

13. Number of Students Available for Graduation: 490

14. Number of On-time Graduates: 391

15. Completion Rate: 79.8

16. 150% Graduates?: N/A

17. 150% Completion Rate: N/A

18. Is the above data taken from the Integrated Postsecondary Education Data System (IPEDS) of the United States Department of Education?: No

19. Graduates Available for Employment: 417

20. Graduates Employed in the Field: 254

21. Placement Rate: 60.91

22. Graduates employed in the field

22a. 20 to 29 hours per week: 11

22b. at least 30 hours per week: 243

23. Indicate the number of graduates employed

23a. In a single position in the field of study: 254

23b. In concurrent aggregated positions in the field of study (2 or more positions at the same time): 0

23c. Freelance/self-employed: 0

23d. By the institution or an employer owned by the institution, or an employer who shares ownership with the institution: 1

24. Does this "Program" lead to a certificate or degree related to one or more of the following allied health professionals that requires clinical training?: No

26. Does this educational program lead to an occupation that requires State licensing? No

43. Graduates Available for Employment: 417

44. Graduates Employed in the Field: 254

45. Graduates Employed in the Field Reported receiving the following Salary or Wage:

1. Report Year: 2022

2. Institution Code: 4300501

3. School Code: \t3403741

4. Institution Name: Institute for Business and Technology

5. Total number of students at this branch location: 662

6. Name of Programs offered at this branch location: Electrician, Commercial Refrigeration, Heating & Air Conditioning, Lab Assistant (EKG Techn/Phlebotomist), Medical Assistant

7. Street Address (Physical Location): 6249 Sunrise Blvd

8. City: Citrus Heights

9. State: CA

10. Zip Code: 95610

No Satellite Data was inputted by this Institution.