When must a school calculate and disclose a placement rate? – A placement rate must be calculated if an educational program is designed to lead to, or the institution makes any express or implied claim related to preparing students for, a recognized career, occupation, vocation, job, or job title.
Which graduates are included in the rate? – The number of graduates is the number of students who have completed the program within 100% of the published program length. Graduates available for employment means the number of graduates minus the number of graduates unavailable for employment (or excluded from the rate).
Which students are excluded from the rate? – Graduates unavailable for employment means graduates who, after graduation, die, become incarcerated, are called to active military duty, are international students that leave the United States or do not have a visa allowing employment in the United States, or are continuing their education in an accredited or bureau‐approved postsecondary institution.
How is the rate calculated? – The placement rate is calculated by dividing the number of graduates gainfully employed in the field by the number of graduates available for employment. Graduates employed in the field means graduates who are gainfully employed in a single position for which the institution represents the program prepares its graduates within six months after a student completes the applicable educational program. For occupations for which the state requires passing an examination, the period of employment shall begin within six months of the announcement of the examination results for the first examination available after a student completes an applicable educational program. Schools must separately report those who graduate and get a job in their field working part time, and those who work full time (more than 32 hours a week.)
In determining its placement rate, Premiere Career College utilizes the following methodology:
The College has systems in place to assist with the successful initial employment of its graduates. The placement rate is determined by using the Accrediting Bureau of Health Education Schools (ABHES) required method of calculation, for the reporting period July 1 through June 30. A graduate must be employed for 15 days and the verification must take place no earlier than 15 days after employment. The calculation is as follows:
Placement Rate = (F + R)/ (G-U)
F = Graduates placed in their field of training
R* = Graduates placed in a related field of training
G = Total graduates
U** = Graduates unavailable for placement
*Related field refers to a position wherein the majority of the graduates job functions require the use of skills and knowledge acquired through successful completion of the training program.
**Unavailable is defined only as documented: health-related issues, military obligations, incarceration, continuing education status, or death.