Erie Institute
of Technology Inc
For-profit College in Erie, PA. Six-year graduation rate 67%. Median 10-year earnings $41,951.
Students who entered Erie Institute of Technology Inc reach a median of $41,951 a decade later, a figure that trails the typical four-year outcome. Completion is a strength: 67% of students finish within six years. Median debt at graduation is $10,738, a light load against those earnings.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.26 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
A 67% six-year graduation rate is the strongest academic signal on this page. 80% of full-time first-years return for a second year — a healthy figure. Retention and graduation track closely, so most of the attrition shows up in the first year rather than after it. The 10:1 student-faculty ratio is small enough that seminar-sized classes are the norm. Being a for-profit two-year institution is the single most useful context for these numbers — the sector's spread is wide enough that the school-level figures matter more than usual.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 183 degree- or certificate-seeking undergraduates
Students pay $29,018 a year on average after aid, a premium price that the earnings data has to justify. The gap between the $0–30k and $110k+ bands is narrow ($28,897 versus $36,267), meaning aid is not strongly need-weighted. 70% of students receive grant aid, averaging $8,970 — common but not automatic. 50% of students take federal loans, a middling borrowing rate.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 51 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $28,897 |
| $30–48k | $27,512 |
| $48–75k | $34,540 |
| $75–110k | $33,285 |
| $110k+ | $36,267 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 92 of these 183 students, totalling $647,625 — an average of $7,039 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Erie County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
Heightened Cash Monitoring (Compliance Audit Late or Missing); School placed on Heightened Cash Monitoring
VA GI Bill Comparison Tool (Veterans Affairs GIDS)