Formations Institute is a private for-profit smaller institution in Enid, OK with an urban campus setting, with about 39 undergraduates, typical net price of $24,213 after grants, first-year retention of 22.2%, a graduation rate of about 64.3%, and median earnings of $18,719 six years after enrollment.

Key facts for Formations Institute

Listed tuition
Not reported
Average net price
$24,213
Acceptance rate
Not reported
Total enrollment
39
Graduation rate
64.3%
Median earnings, 6 years after entry
$18,719

Key rankings for Formations Institute

Where Formations Institute ranks among all institutions in the dataset (mixed types) nationwide on selected cost and outcome measures. Rank 1 is best on that measure (lowest cost or debt; highest earnings, retention, or graduation). These are single-measure standings, not Best Universities list placement.

#2,080 of 2,710

Net Price

#2,587 of 2,883

Earnings

#2,342 of 2,407

Retention

#1,508 of 2,747

Graduation

What stands out at Formations Institute

Formations Institute in Enid, OK is a college.

  • Small city
  • 39 undergraduates
Average net price$24,213
Pell Grant recipient share71.2%
Graduation rate64.3%
Median earnings, 6 years after entry$18,719
First-year retention22.2%

Average net price after aid sits above the national median for similar schools while six-year earnings fall short of it. That combination deserves a closer look at aid packages and likely majors.

Best Universities methodology explains how grades and ranked-list placements are calculated.

Student measures: Cost, completion, earnings, retention, and debt.

Institution context: Enrollment, demographics, faculty, setting, and admissions.

At a glance

Cost, outcomes & access at Formations Institute

Two related measures side by side for a quick scan.

Net Price and Earnings

Average net price (after aid)
$24,213
Median earnings 6 years after entry
$18,719

Retention and Graduation

First-year retention
22.2%
Graduation rate
64.3%

Acceptance and Pell Grant Share

Acceptance rate
Not reported
Undergraduate Pell recipient share
71.2%

How Formations Institute compares

Figures are for all institutions in the dataset (mixed types). State, region, and national columns use the middle value (median) for similar schools; retention uses averages for region and nation. Region shown: Southwest (region 6).

This school vs state, regional, and national benchmarks

Net price

This school$24,213
State (OK)$11,504
Region$16,134
National$17,258

Earnings, 6 years

This school$18,719
State (OK)$33,947
Region$33,836
National$35,678

Retention

This school22.2%
State (OK)71.4%
Region71.1%
National72.9%

Graduation

This school64.3%
State (OK)60.7%
Region56.5%
National58.2%

Swipe sideways to compare state, region, and national figures.

Measure This school State (OK) Region Nation
Net price$24,213Above national median$11,504$16,134$17,258
Earnings, 6 years$18,719Below national median$33,947$33,836$35,678
Retention22.2%Below national median71.4%71.1%72.9%
Graduation64.3%Above national median60.7%56.5%58.2%
Acceptance rateNot reported76.0%83.0%77.8%
Pell share71.2%Above national median33.3%45.5%39.9%
Median debtNot reported$15,917$11,000$13,621
3-year cohort default rate0.0%About the same0.0%0.0%0.0%

Recent 3-year cohort default rates are near zero because of the federal student loan payment pause and are not useful for school-to-school comparison.

Campus & institution details for Formations Institute

Campus settingSmall city
Student–faculty ratio9:1

Share of undergraduates in each group. Gender and race or ethnicity are reported separately, so each set totals about 100%.

Women87.2%
Men12.8%
Black or African American7.7%
Hispanic / Latino7.7%
White79.5%
Asian0.0%
Two or more races2.6%
International students0.0%

Confirm program details and current staffing on the college website.

Frequently asked questions about Formations Institute

Common questions about Formations Institute, answered with Best Universities cost and outcome figures. For how we rank schools, use the methodology link in the header; for deadlines and aid, rely on the college’s official site.

Where is Formations Institute located?

Formations Institute is located in Enid, OK. If the college has more than one campus, confirm addresses and program locations on the school's official site or with the admissions office.

What kind of school is Formations Institute?

Formations Institute is a college. Best Universities groups similar schools this way so you can compare them fairly. Confirm program level (undergraduate vs graduate) on the college's site.

How much does it cost to attend Formations Institute (tuition and net price)?

Average net price (typical annual cost after grant and scholarship aid for full-time, first-time undergraduates) is about $24,213. Your actual net price depends on income, residency, and aid.

What is Formations Institute's acceptance rate?

An overall acceptance rate is not shown for Formations Institute. That is common for open-admission colleges, specialized institutions, or when figures are suppressed. Contact admissions for program-specific requirements.

How large is Formations Institute's undergraduate student body?

Undergraduate enrollment is about 39. Enrollment changes over time and may span multiple campuses depending on how the school reports.

What are completion and earnings outcomes for Formations Institute?

Median earnings six years after entry at Formations Institute are roughly $18,719. Outcomes vary widely by major, occupation, and region. About 64.3% of students graduate on time or soon after. Individual trajectories differ from these population-level measures.

How does Best Universities rank Formations Institute?

Among similar schools nationwide, Formations Institute stands as follows on selected measures: Average net price (#2,080 of 2,710); Median earnings, 6 years after entry (#2,587 of 2,883); First-year retention (#2,342 of 2,407); Graduation rate (#1,508 of 2,747). Those are single-measure ranks, not a single overall list place. See the methodology page for how Best Universities builds ranked lists.

Where should I go for admissions and official information about Formations Institute?

For application deadlines, requirements, campus visits, and program lists, use Formations Institute’s official website. Best Universities publishes cost and outcome figures for comparison; it does not replace the institution’s admissions or financial aid office.

All figures for Formations Institute Expand to view

A fuller table of the figures Best Universities uses for this school. Useful if you are double-checking a number.

All figures for Formations Institute
FieldValue
InstitutionFormations Institute
Official websitewww.formationsinstitute.edu/
City, stateEnid, OK
School typeCollege
Undergraduate enrollment39
Listed tuition (in-state)Not reported
Listed tuition (out-of-state)Not reported
Listed tuition (generic)Not reported
Total cost of attendanceNot reported
Room and board (on campus)Not reported
Average net price$24,213
Median earnings, 6 years after entry$18,719
Median earnings, 8 years after entry$19,740
Median earnings, 10 years after entry$22,058
Median loan debtNot reported
3-year cohort default rate0.0%
First-year retention22.2%
Graduation rate (4-year programs)Not reported
Graduation rate (shorter programs)64.3%
Acceptance rateNot reported
SAT averageNot reported
ACT averageNot reported
Pell Grant share71.2%
Share with federal loans65.8%
Part-time enrollment share0.0%
Campus settingSmall city
Student–faculty ratio9
Avg monthly faculty salaryNot reported
Full-time faculty shareNot reported
Online onlyNo
HBCUNo
SAT midpoint, MathNot reported
SAT midpoint, Reading & WritingNot reported
Share of undergraduates, women87.2%
Share of undergraduates, men12.8%
Share of undergraduates, Black7.7%
Share of undergraduates, Hispanic7.7%
Share of undergraduates, White79.5%
Share of undergraduates, Asian0.0%
Share of undergraduates, two or more races2.6%
Share of undergraduates, international0.0%
Net price, family income $0–30kNot reported
Net price, family income $30–48kNot reported
Net price, family income $48–75kNot reported
Net price, family income $75–110kNot reported
Net price, family income $110k+Not reported

Sources for Formations Institute

Figures from the same school data Best Universities uses for rankings. Shortlist with them, then verify on the college’s official site.