oThe Classification of Instructional Programs (CIP) taxonomic coding scheme was developed in 1980 by the National Center for Education Statistics to facilitate the organization, collection, and reporting of fields of study and program completions.  The CIP titles and program descriptions are intended to be generic categories into which program completions data can be placed, not exact duplicates of a specific major or field of study titles used by individual institutions.  This institution’s programs generally are intended to provide training for occupations associated with multiple CIP codes and each program’s graduates generally occupy a wide variety of positions both following graduation and within a few years.  However, the institution is required to choose one CIP code and believes that a code of 51.0601 is the best representation of expected occupations.  The institution is required to list the following occupations (by name and Standard Occupational Classification—or SOC—code) that the O*NET crosswalk identifies as a representative sample of identified occupations for completers of a program with a CIP code of 51.0601. 

25-1071.00 Health Specialties Teachers, Postsecondary  

31-9091.00 Dental Assistants  

The institution notes that, due to the nature of CIP codes and SOC codes, this list of representative occupations may be expected to comprise a subset of actual graduates’ occupations; further, graduates may or may not work in each of these listed occupations.

o   The on-time graduation rate as defined by the U.S. Department of Education for students who completed the program between July 1, 2010 and June 30, 2011 is 97%.  The definition is the percentage of graduates that completed the program within the normal timeframe.

o    The placement rates as of September 15, 2011 for graduates between July 1, 2010 and June 30, 2011  and as reported to ACICS  was 78% for the degree program.  More graduates may have been placed subsequently, as may be shown elsewhere on this site.

o   Tuition and fees charged for completing the program within the normal time for students who start the program between January 1, 2012 and December 31, 2012 is $28,400.  (Note that financial aid is available for those who qualify and the net price paid may be materially less; please visit www.ibcindianapolis.edu/aid.)

o   The typical costs for books and supplies for completing the program within the normal time is expected—as of the spring of 2011—to be approximately $2,600 for students who start the program between January 1, 2012 and December 31, 2012.

o   The total charges for school-sponsored housing for completing the program within the normal time are $13,120 for students who start the program between January 1, 2012 and December 31, 2012.

o   Potential applicants may find the following information at www.ibcindianapolis.edu/catalog.pdf: institutional accreditation; programmatic accreditation; contact information for accrediting agencies and state licensing/approval agencies; admissions policies and practices; policies on transfer of credits to and from the institution; policies and processes for withdrawal and for refunds of tuition/fees; and additional consumer information.

o For graduates between July 1, 2010 and June 30, 2011, median federal loan debt was $12, 768, median private loan debt was zero, and median institutional loan debt was zero.