Private for-profit · Community college

Formations Institute

Enid, Oklahoma · Small city

4%
Transfer rate
$24,213
Avg net price
64%
Grad / completion
$22,058
Median earnings

Formations Institute is a private for-profit certificate-granting institution in Enid, Oklahoma (small city setting), enrolling 39 undergraduates. Admission is open to all applicants.

Private for-profitSmall · 39 undergradsSmall cityCold winters

About Enid, Oklahoma

Enid is the ninth-largest city in the U.S. state of Oklahoma. Prior to the Land Run of 1893, the land where present-day Enid, Oklahoma sits was part of O County in the Cherokee Outlet, and was occupied by the Cherokee people following the Treaty of New Echota and the Cherokee trail of tears. Enid is home to the annual Tri-State Music Festival which was started in 1932 by Russell L. Wiley, who was Phillips University band director from 1928 to 1934. From 1933 to 1936, Edwin Franko Goldman headlined the festival. The festival takes place each spring in Enid. (Wikipedia)

Setting
Small city
Highest degree offered
Certificate
To the ocean
488 miles
Nearest airport
50 miles to Stillwater (SWO)

How Formations Institute compares

Graduation rate64%

Higher than 54% · #39 of 67 in Oklahoma

First-year retention22%

Higher than 2%

Earnings, 10 years after entry$22,058

Higher than 9% · #52 of 61 in Oklahoma

Average net price$24,213

Cheaper than 20% · #57 cheapest of 62 in Oklahoma

Student–faculty ratio9 : 1

Lower than 86%

Undergraduate enrollment39

Larger than 10%

Percentiles compare Formations Institute with the nation's 3,519 two-year and certificate schools, among schools reporting each statistic. State ranks count two-year and certificate schools in Oklahoma.

Student body

Undergraduates by race / ethnicity

  • White79%
  • Black7.7%
  • Hispanic7.7%
  • Other or multiracial5.1%

Graduate gender splits aren't published in this data, so the gender chart covers undergraduates only.

By the numbers

Undergraduate enrollment
39
Student–faculty ratio
9 : 1
Pell Grant recipients
71%
First-generation students
Students over 25
40%
Median family income
$17,591

Colleges don't publish true class-size data; student–faculty ratio (IPEDS) is the closest public measure of it.

Cost

In-state tuition
Room & board
Total cost of attendance
Average net price
$24,213

Net price is the total cost minus grants and scholarships — what students actually pay. It varies sharply by family income; see the breakdown below.

Outcomes

Graduated
64%
First-year retention
22%
Transferred to another college
4%
Median earnings, 6 years after entry
$18,719
Median earnings, 10 years after entry
$22,058
Median debt at graduation
Students with federal loans
66%
Paying down their loans (1 year in)
40%

Campus life & athletics

On-campus housing
No
Application fee
Free

Housing and fees: IPEDS 2023–24. Athletics rosters: Equity in Athletics data, 2024–25. Dorm capacity can include graduate and family housing, so the share of undergrads can top 100%.

What you'll actually pay, by family income

Average net price (total cost minus grants and scholarships) paid by aided students in each family-income band.

< $30k
$23,063
$30–48k
$48–75k
$27,089
$75–110k
$110k+

College Scorecard / IPEDS, most recent year. Family income is total household income; net price covers tuition, fees, room, board and supplies after grant aid, for students receiving federal aid.

Is it worth it?

A rough return-on-investment read from what graduates earn versus what they borrow.

Median earnings (10 years)
$22,058
Typical debt at graduation
Debt vs. one year's pay
Out-earn a HS grad
17%
Weigh it value

The payoff is less clear-cut here — weigh the debt against the earnings and your intended field before borrowing heavily.

Earnings are the College Scorecard median for former students (working, not enrolled) 10 years after entry — not a guarantee, and they vary a lot by major. Debt is the median federal loan balance at graduation.

Campus climate

Summer high
95°F
Winter low
25°F
Annual rain
33.3″
Annual snow
9.4″

Average temperature

HighLow
20°60°100°JFMAMJJASOND

Average precipitation (inches)

0.02.44.8JFMAMJJASOND

NOAA 1991–2020 climate normals, Enid, OK US station (3.4 mi from campus).

What Formations Institute graduates study — and earn

Median earnings of this school's own graduates 1 and 5 years after finishing each program, and median federal-loan debt at completion (College Scorecard). Small programs are privacy-suppressed (—). Click a major to compare colleges nationally.

Colleges similar to Formations Institute

Schools with a comparable profile — size, selectivity, cost, and graduate outcomes. Compare Formations Institute side by side →

Colleges near Formations Institute

Source: US Department of Education College Scorecard (most recent cohorts), IPEDS institutional characteristics, Equity in Athletics (EADA) data, Clery Act Campus Safety and Security data, and NOAA US Climate Normals. Distances are straight-line from campus coordinates. Percentiles compare schools of the same level (four-year vs. two-year) that report each statistic.