Franklin Pierce University

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    2024 Undergraduate Tuition
    $41,836
    3% growth from 2023
    2024 Average Net Price
    $26,152
    After Financial Aid
    2024 Acceptance Rate
    93.5%
    2,373 Applicants
    2024 Enrolled Students
    1,654
    84.2% Full-Time
    2024 Graduation Rate
    53.9%
    244 Graduates

    About

    Franklin Pierce University is a higher education institution located in Cheshire County, NH. In 2024, the most popular Professional Doctorate concentrations at Franklin Pierce University were Physical Therapy (92 degrees awarded).

    In 2024, 496 degrees were awarded across all undergraduate and graduate programs at Franklin Pierce University. 63.5% of these degrees were awarded to women, and 36.5% awarded men. The most common race/ethnicity group of degree recipients was white (362 degrees), 7.39 times more than then the next closest race/ethnicity group, hispanic or latino (49 degrees).

    The median undergraduate tuition at Franklin Pierce University is $41,836, which is $17,836 more than the national average for Masters Colleges and Universities ($24,000).

    Costs

    In 2024, the median undergraduate tuition at Franklin Pierce University is $41,836, which is $17,836 more than the national average for Masters Colleges and Universities ($24,000).

    After taking grants and loans into account, the average net price for students is $26,152.

    In 2024, 93% of undergraduate students attending Franklin Pierce University received financial aid through grants. Comparatively, 70% of undergraduate students received financial aid through loans.

    Tuition Costs

    $41,836
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Franklin Pierce University was $41,836. The cost of tuition at Franklin Pierce University is $17,836 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

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    Average Net Price

    $26,152
    2024 Value
    2.33%
    1 Year Growth

    In 2024 Franklin Pierce University had an average net price — the price paid after factoring in grants and loans — of $26,152. Between 2023 and 2024, the average net price of Franklin Pierce University grew by 2.33%.

    This chart compares the average net price of Franklin Pierce 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.

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    Other Student Expenses

    $15,912
    Room and Board
    $1,110
    Books and Supplies

    The average yearly cost of room and board at Franklin Pierce University was of $15,912 in 2024. The cost of room and board increased by 5.03% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,110. The cost of books and supplies decreased by 14.6% during the same period.

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

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    Financial Aid by Income Level

    93%
    Undergraduates Receiving Financial Aid through Grants
    70%
    Undergraduates Receiving Financial Aid through Loans

    93% of undergraduate students at Franklin Pierce University received financial aid through grants or loans in 2024. This represents a growth of 1.09% with respect to 2023, when 92% of undergraduate students received financial aid.

    This chart compares the average award discount at Franklin Pierce 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.

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    Admissions

    Franklin Pierce University received 2,373 undergraduate applications in 2024, which represents a 13.1% annual growth. Out of those 2,373 applicants, 2,218 students were accepted for enrollment, representing a 93.5% acceptance rate.

    There were 1,654 students enrolled at Franklin Pierce University in 2024. 9% of first-time enrollees submitted SAT scores with their applications.

    Franklin Pierce University has an overall enrollment yield of 13.2%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    93.5%
    Acceptance Rate in 2024
    2,218
    Accepted Out of 2,373

    In 2024, the undergraduate acceptance rate of Franklin Pierce University was 93.5% (2,218 admissions from 2,373 applications). This is higher than the acceptance rate of 2023, which was 90.2%. Between 2023 and 2024, the number of applicants declined by 13.1%, while admissions declined by 9.95%.

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

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    SAT Scores

    9%
    Submission Percentage (2024)
    26
    Scores Submitted (2024)

    9% of enrolled first-time students at Franklin Pierce University in 2024 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.

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    Enrollment

    Franklin Pierce University had a total enrollment of 1,654 students in 2024. The full-time enrollment at Franklin Pierce University is 1,392 students and the part-time enrollment is 262. This means that 84.2% of students enrolled at Franklin Pierce University are enrolled full-time.

    The enrolled student population at Franklin Pierce University, both undergraduate and graduate, is 66.3% White, 10.3% Hispanic or Latino, 7.26% Black or African American, 3.57% Asian, 2.78% Two or More Races, 0.423% American Indian or Alaska Native, and 0.0605% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Franklin Pierce University in full-time Undergraduate programs are most commonly White Male (35.3%), followed by White Female (33%) and Black or African American Male (6.82%). Students enrolled in full-time Graduate programs are most commonly White Female (45.3%), followed by White Male (17.8%) and Hispanic or Latino Female (8.95%).

    Full-Time vs Part-Time Enrollment

    84.2%
    Full-Time Enrollment

    The total enrollment at Franklin Pierce University in 2024, both undergraduate and graduate, is 1,654 students. The full-time enrollment at Franklin Pierce University is 1,392 and the part-time enrollment is 262. This means that 84.2% of students enrolled at Franklin Pierce University are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

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

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    Retention Rate over Time

    74%
    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 Franklin Pierce University was 74%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Franklin Pierce University had a retention rate higher than its peers.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      1,097 enrolled students
    2. Hispanic or Latino
      171 enrolled students
    3. Black or African American
      120 enrolled students

    The enrolled student population at Franklin Pierce University is 66.3% White, 10.3% Hispanic or Latino, 7.26% Black or African American, 3.57% Asian, 2.78% Two or More Races, 0.423% American Indian or Alaska Native, and 0.0605% 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 Masters Colleges and Universities is 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 80 students (4.84%) did not report their race.

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    Graduates

    In 2024, 134 more women than men received degrees from Franklin Pierce University. The most common race/ethnicity group of degree recipients at Franklin Pierce University is white (362 degrees awarded). There were 7.39 times more white recipients than the next closest race/ethnicity group, hispanic or latino (49 degrees).

    The most common Professional Doctorate concentration at Franklin Pierce University is Physical Therapy (92 degrees awarded).

    In 2024,  the most specialized majors across all degree types at Franklin Pierce University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Natural Resources & Conservation (18 degrees awarded), Parks, Recreation, & Leisure (30 degrees), and Cultural & Gender Studies (5 degrees).

    Common Jobs by Major

    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Franklin Pierce University are Registered nurses (1,532,681 people), Other managers (263,830 people), Medical & health services managers (183,903 people), Nurse practitioners & nurse midwives (171,572 people), and Elementary & middle school teachers (169,265 people).

    The most specialized majors at Franklin Pierce University in 2024 are Natural Resources & Conservation (18 degrees awarded), Parks, Recreation, & Leisure (30 degrees), Cultural & Gender Studies (5 degrees), Health (234 degrees), and Communications (16 degrees) (as of 2024).

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    Highest Paying Jobs by Major

    Highest Paying Job

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Franklin Pierce University are Surgeons, Diagnostic medical sonographers, Logisticians, Economists, and Securities, commodities, & financial services sales agents

    The most specialized majors at Franklin Pierce University are Natural Resources & Conservation (18 degrees awarded), Parks, Recreation, & Leisure (30 degrees), Cultural & Gender Studies (5 degrees), Health (234 degrees), and Communications (16 degrees) (as of 2024).

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    Common Industries by Major

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Franklin Pierce University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,736,402 people), Elementary & secondary schools (534,478 people), Outpatient care centers (346,667 people), Colleges, universities & professional schools, including junior colleges (342,544 people), and Offices of physicians (233,226 people).

    The most specialized majors at Franklin Pierce University are Natural Resources & Conservation (18 degrees awarded), Parks, Recreation, & Leisure (30 degrees), Cultural & Gender Studies (5 degrees), Health (234 degrees), and Communications (16 degrees) (as of 2024).

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    Majors Awarded

    IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Franklin Pierce University.
    Most Common (2024)
    4 degrees awarded

    In 2024, the most common 1 to 2 year postsecondary certificate concentration at Franklin Pierce University was Paralegal with 4 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Franklin Pierce University according to their major.

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    Sex Breakdown for Common Majors

    181
    Degrees Awarded to Men
    in 2024
    315
    Degrees Awarded to Women
    in 2024

    In 2024, 181 degrees were awarded to men at Franklin Pierce University, which is 0.575 times less than the number of degrees awarded to females (315).

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

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    Most Common Male Majors

    In 2024, 35 degrees were awarded to men at Franklin Pierce University in Physical Therapy, which is 0.614 times less than the 57 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 57 degrees were awarded to men at Franklin Pierce University in Physical Therapy, which is 1.63 times more than the 35 male recipients with that same degree.

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    Time to Complete

    47%
    100% Completion Time
    52%
    150% Completion Time

    In 2024, 47% of students graduating from Franklin Pierce University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 52% within 200%.

    The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      362 degrees awarded
    2. Hispanic or Latino
      49 degrees awarded
    3. Black or African American
      25 degrees awarded

    The most common race/ethnicity at Franklin Pierce University is white (362 degrees awarded). There were 7.39 times more white recipients than the next closest race/ethnicity group, hispanic or latino (49 degrees).

    3.23% of degree recipients (16 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      329 degrees awarded
    2. White Female
      318 degrees awarded
    3. White Female
      315 degrees awarded

    The most common race/ethnicity and sex grouping at Franklin Pierce University is white female (329 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white female (318 degrees).

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    Operations

    Franklin Pierce University has an endowment valued at nearly $22.7M, as of the end of the 2024 fiscal year. The return on its endowment was of 2.82M (12.4%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

    In 2024, Franklin Pierce University had a total salary expenditure of 54.4M. Franklin Pierce University employs 34 Assistant professors, 22 Associate professors and 16 Professors. Most academics at Franklin Pierce University are Female Assistant professor (24), Female Associate professor (13), and Male Assistant professor (10).

    The most common positions for non-instructional staff at Franklin Pierce University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 43 employees, Management, with 40 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 33 employees.

    Endowment

    $22.7M
    2024 Endowment
    8.87%
    growth from 2023

    Franklin Pierce University has an endowment valued at about $22.7M, as of the end of the 2024 fiscal year. The endowment of Franklin Pierce University grew 8.87% from the previous year. The value of their endowment was $23.1M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

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

    The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

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    Salary Expenditure

    $20.8M
    2024 Salaries
    1.67%
    growth from 2023

    In 2024, Franklin Pierce University paid a median of $20.8M in salaries, which represents 38.3% of their overall expenditure ($54.4M) and a 1.67% growth from the previous year. This is compared to a 2.05% growth between 2022 and 2023, and a 3.47% growth between 2021 and 2022.

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    Instructional Salaries

    $6.12M
    Instructional Salaries
    74
    Number of Employees

    In 2024, Franklin Pierce University paid a total of $6.12M to 74 employees working as instructors, which represents 29.4% of all salaries paid.

    This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Franklin Pierce University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 43 employees, Management with 40 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 33 employees.

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