Gainful Employment Methodology
COST: Tuition and Fees
The current tuition and fee rates for each program are listed in the linked disclosure on each program page.
The loan percentage is determined by calculating the total student population in each program versus how many students in that population received any type of education loan between July 1, 2014 and June 30, 2015.
FINANCING: Median Debt
The median loan debt, incurred by students who completed their program between July 1, 2014 and June 30, 2015, is calculated separately by Title IV loans, private educational loans and institutional financing plans.
SUCCESS: Program Name and Standard Occupation Classification
Program Name and U.S. Department of Labor’s Standard Occupational Classification (SOC) code of the occupations that the program prepares students to enter, along with links to occupational profiles on the U.S. Department of Labor’s O*NET Web site.
SUCCESS: On-Time Graduation Rate
Alaska Career College calculates on-time graduation rates for students who completed their program of study between July 1, 2014 and June 30, 2015 using the published calendar for each program, which is measured in months of instructional time. Students who complete their program of study within 30 days of their original anticipated graduation date are counted as completers for this calculation. Alaska Career College allows this time margin due to the required Externship or Clinic course each student must complete.
SUCCESS: Job Placement Rate
The job placement rates were calculated using the Accrediting Commission for Career Schools and Colleges (ACCSC) requirements for reporting placements annually.
Job placement data figures represent prior years and are not a predictor of future employment and do not guarantee employment. The graduates excluded from the calculation were unable to accept employment for the following reasons: death, incarceration, and active military, on-set of medical condition that prevents employment, international students who have returned to their country of origin, continuing education.
SUCCESS: Placement Rate Methodology
The placement rate is calculated by the number of graduates that are/were working in an industry related position divided by the total number of graduates in each program based on the timeframes for the ACCSC Annual Report requirements. The placement data is collected by ACC’s Career Services Department and feedback from graduate employers.