Northwood University

www.northwood.edu

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2024 Undergraduate Tuition

$32,800

4.46% growth from 2023

2024 Average Net Price

$25,549

After Financial Aid

2024 Acceptance Rate

64.5%

1,851 Applicants

2024 Enrolled Students

2,409

61.1% Full-Time

2024 Graduation Rate

63.3%

164 Graduates

About

Northwood University is a higher education institution located in Midland County, MI. In 2024, the most popular Bachelors Degree concentrations at Northwood University were General Business Administration & Management (222 degrees awarded), Accounting (58 degrees), and General Finance (53 degrees).

In 2024, 815 degrees were awarded across all undergraduate and graduate programs at Northwood University. 45.2% of these degrees were awarded to women, and 54.8% awarded men. The most common race/ethnicity group of degree recipients was white (556 degrees), 9.27 times more than then the next closest race/ethnicity group, black or african american (60 degrees).

The median undergraduate tuition at Northwood University is $32,800, which is $17,903 more than the national average for Special Focus Institutions ($14,897).

Special Focus Four-Year: Business & Management Schools Special Focus Institutions

Costs

In 2024, the median undergraduate tuition at Northwood University is $32,800, which is $17,903 more than the national average for Special Focus Institutions ($14,897).

After taking grants and loans into account, the average net price for students is $25,549.

In 2024, 69% of undergraduate students attending Northwood University received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Tuition Costs

$32,800

2024 Undergraduate Tuition

In 2024, the cost of tuition at Northwood University was $32,800. The cost of tuition at Northwood University is $17,903 more than than the overall (public and private) national average for Special Focus Institutions ($14,897).

This chart compares the tuition costs of Northwood University (in red) with those of other similar universities.

Average Net Price

$25,549

2024 Value

3.33%

1 Year Growth

In 2024 Northwood University had an average net price — the price paid after factoring in grants and loans — of $25,549. Between 2023 and 2024, the average net price of Northwood University grew by 3.33%.

This chart compares the average net price of Northwood University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$12,036

Room and Board

$1,342

Books and Supplies

The average yearly cost of room and board at Northwood University was of $12,036 in 2024. The cost of room and board increased by 5.51% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,342. The cost of books and supplies increased by 8.23% during the same period.

This chart compares the average student costs at Northwood University (in red) with that of similar universities.

Financial Aid by Income Level

69%

Undergraduates Receiving Financial Aid through Grants

45%

Undergraduates Receiving Financial Aid through Loans

69% of undergraduate students at Northwood University received financial aid through grants or loans in 2024. This represents a growth of 27.8% with respect to 2023, when 54% of undergraduate students received financial aid.

This chart compares the average award discount at Northwood University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Admissions

Northwood University received 1,851 undergraduate applications in 2024, which represents a 10.8% annual growth. Out of those 1,851 applicants, 1,194 students were accepted for enrollment, representing a 64.5% acceptance rate.

There were 2,409 students enrolled at Northwood University in 2024. 65% of first-time enrollees submitted SAT scores with their applications.

Northwood University has an overall enrollment yield of 28.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

64.5%

Acceptance Rate in 2024

1,194

Accepted Out of 1,851

In 2024, the undergraduate acceptance rate of Northwood University was 64.5% (1,194 admissions from 1,851 applications). This is lower than the acceptance rate of 2023, which was 83.9%. Between 2023 and 2024, the number of applicants declined by 10.8%, while admissions declined by 31.4%.

This chart compares the acceptance rate of Northwood University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

65%

Submission Percentage (2022)

146

Scores Submitted (2022)

65% of enrolled first-time students at Northwood University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Northwood University had a total enrollment of 2,409 students in 2024. The full-time enrollment at Northwood University is 1,472 students and the part-time enrollment is 937. This means that 61.1% of students enrolled at Northwood University are enrolled full-time.

The enrolled student population at Northwood University, both undergraduate and graduate, is 69.1% White, 8.72% Black or African American, 7.14% Hispanic or Latino, 2.7% Two or More Races, 1.29% Asian, 0.332% American Indian or Alaska Native, and 0.083% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Northwood University in full-time Undergraduate programs are most commonly White Male (47%), followed by White Female (28.2%) and Hispanic or Latino Male (4.36%). Students enrolled in full-time Graduate programs are most commonly White Female (27%), followed by White Male (22.2%) and Hispanic or Latino Female (1.59%).

Full-Time vs Part-Time Enrollment

61.1%

Full-Time Enrollment

The total enrollment at Northwood University in 2024, both undergraduate and graduate, is 2,409 students. The full-time enrollment at Northwood University is 1,472 and the part-time enrollment is 937. This means that 61.1% of students enrolled at Northwood University are enrolled full-time compared with 74.1% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Northwood University (in red) compares to similar universities.

Retention Rate over Time

79%

2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Northwood University was 79%. Compared with the full-time retention rate at similar Special Focus Institutions (76%), Northwood University had a retention rate higher than its peers.

This chart shows the retention rate over time at Northwood University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,664 enrolled students
Black or African American
210 enrolled students
Hispanic or Latino
172 enrolled students

The enrolled student population at Northwood University is 69.1% White, 8.72% Black or African American, 7.14% Hispanic or Latino, 2.7% Two or More Races, 1.29% Asian, 0.332% American Indian or Alaska Native, and 0.083% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 39.9% White, 19.4% Hispanic or Latino, and 17% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 154 students (6.39%) did not report their race.

Graduates

In 2024, 79 fewer women than men received degrees from Northwood University. The most common race/ethnicity group of degree recipients at Northwood University is white (556 degrees awarded). There were 9.27 times more white recipients than the next closest race/ethnicity group, black or african american (60 degrees).

The most common Bachelor's Degree concentration at Northwood University is General Business Administration & Management (222 degrees awarded), followed by Accounting (58 degrees) and General Finance (53 degrees).

In 2024, the most specialized majors across all degree types at Northwood University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (723 degrees awarded), Parks, Recreation, & Leisure (26 degrees), and Computer and Information Sciences and Support Services (42 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Northwood University are Registered nurses (1,623,421 people), Accountants & auditors (1,067,462 people), Other managers (1,028,687 people), Software developers (812,298 people), and Financial managers (578,910 people).

The most specialized majors at Northwood University in 2024 are Business (723 degrees awarded), Parks, Recreation, & Leisure (26 degrees), Computer and Information Sciences and Support Services (42 degrees), Communications (7 degrees), and Health (17 degrees) (as of 2024).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Northwood University are Surgeons, Cardiovascular technologists and technicians, Physicians, Magnetic resonance imaging technologists, and Dentists

The most specialized majors at Northwood University are Business (723 degrees awarded), Parks, Recreation, & Leisure (26 degrees), Computer and Information Sciences and Support Services (42 degrees), Communications (7 degrees), and Health (17 degrees) (as of 2024).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Northwood University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,098,647 people), Computer Systems Design (1,301,958 people), Elementary & secondary schools (1,029,568 people), Colleges, universities & professional schools, including junior colleges (721,159 people), and Banking & related activities (560,930 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Northwood University.

Most Common (2024)

General Business Administration & Management
49 degrees awarded
Sport & Fitness Management
1 degrees awarded

In 2024, the most common associates degree concentration at Northwood University was General Business Administration & Management with 49 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Northwood University according to their major.

Sex Breakdown for Common Majors

447

Degrees Awarded to Men

in 2024

368

Degrees Awarded to Women

in 2024

In 2024, 447 degrees were awarded to men at Northwood University, which is 1.21 times more than the number of degrees awarded to females (368).

This chart displays the sex disparity between the top 5 majors at Northwood University by degrees awarded.

Most Common Male Majors

In 2024, 188 degrees were awarded to men at Northwood University in General Business Administration & Management, which is 1 times approximately the same the 188 female recipients with that same degree.

Most Common Female Majors

In 2024, 188 degrees were awarded to men at Northwood University in General Business Administration & Management, which is 1 times approximately the same the 188 male recipients with that same degree.

Time to Complete

51%

100% Completion Time

63%

150% Completion Time

In 2024, 51% of students graduating from Northwood University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 63% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
556 degrees awarded
Black or African American
60 degrees awarded
Hispanic or Latino
56 degrees awarded

The most common race/ethnicity at Northwood University is white (556 degrees awarded). There were 9.27 times more white recipients than the next closest race/ethnicity group, black or african american (60 degrees).

5.77% of degree recipients (47 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Male
566 degrees awarded
White Male
508 degrees awarded
White Female
499 degrees awarded

The most common race/ethnicity and sex grouping at Northwood University is white male (566 degrees awarded). There were 1.11 times more white male recipients than the next closest race/ethnicity group, white male (508 degrees).

Operations

Northwood University has an endowment valued at nearly $123M, as of the end of the 2024 fiscal year. The return on its endowment was of 14M (11.4%) compared to the 2.96% average return (416k on 14.1M) across all Special Focus Institutions.

In 2024, Northwood University had a total salary expenditure of 57.3M. Northwood University employs 24 Associate professors, 20 Assistant professors and 6 Professors. Most academics at Northwood University are Male Assistant professor (16), Female Associate professor (13), and Male Associate professor (11).

The most common positions for non-instructional staff at Northwood University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 68 employees, Management, with 28 employees, and Service with 24 employees.

Endowment

$123M

2024 Endowment

16.5%

growth from 2023

Northwood University has an endowment valued at about $123M, as of the end of the 2024 fiscal year. The endowment of Northwood University grew 16.5% from the previous year. The value of their endowment was $109M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Northwood University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Business & Management Schools Carnegie Classification grouping.

Salary Expenditure

$21.7M

2024 Salaries

15.2%

growth from 2023

In 2024, Northwood University paid a median of $21.7M in salaries, which represents 37.9% of their overall expenditure ($57.3M) and a 15.2% growth from the previous year. This is compared to a 2.21% growth between 2022 and 2023, and a 0.263% decline between 2021 and 2022.

Instructional Salaries

$4.06M

Instructional Salaries

Number of Employees

In 2024, Northwood University paid a total of $4.06M to 50 employees working as instructors, which represents 18.7% of all salaries paid.

This is compared to a median of $213k (6.38%) for similar Special Focus Institutions.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Northwood University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 68 employees, Management with 28 employees, and Service with 24 employees.

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