Pace University

www.pace.edu

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2022 Undergraduate Tuition

$48,152

2.5% growth from 2021

2022 Average Net Price

$33,363

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

82.9%

26,613 Applicants

2022 Enrolled Students

13,609

78.7% Full-Time

2022 Graduation Rate

61.4%

1,210 Graduates

About

Pace University is a higher education institution located in New York County, NY. In 2022, the most popular Bachelors Degree concentrations at Pace University were Registered Nursing (234 degrees awarded), General Finance (124 degrees), and Accounting (95 degrees).

In 2022, 3,829 degrees were awarded across all undergraduate and graduate programs at Pace University. 64.4% of these degrees were awarded to women, and 35.6% awarded men. The most common race/ethnicity group of degree recipients was white (1,852 degrees), 3.71 times more than then the next closest race/ethnicity group, hispanic or latino (499 degrees).

The median undergraduate tuition at Pace University is $48,152, which is $18,002 more than the national average for Doctoral Universities ($30,150).

In 2020 the default rate for borrower's at Pace University was 0%, corresponding to 0 out of the 2662 total borrowers.

Photo by Benjamin KRAFT

Doctoral Universities: Moderate Research Activity Doctoral Universities

Costs

In 2022, the median undergraduate tuition at Pace University is $48,152, which is $18,002 more than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $33,363.

In 2022, 90% of undergraduate students attending Pace University received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Tuition Costs

$48,152

2022 Undergraduate Tuition

In 2022, the cost of tuition at Pace University was $48,152. The cost of tuition at Pace University is $18,002 more than than the overall (public and private) national average for Doctoral Universities ($30,150).

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

Average Net Price

$33,363

2022 Value

8.92%

1 Year Growth

In 2022 Pace University had an average net price — the price paid after factoring in grants and loans — of $33,363. Between 2021 and 2022, the average net price of Pace University grew by 8.92%.

This chart compares the average net price of Pace 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

$20,578

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Pace University was of $20,578 in 2022. The cost of room and board increased by 1.54% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Pace University received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Pace 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.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Pace University was 0%, which represents 0 out of the 2662 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Pace University received 26,613 undergraduate applications in 2022, which represents a 7.33% annual growth. Out of those 26,613 applicants, 22,070 students were accepted for enrollment, representing a 82.9% acceptance rate.

There were 13,609 students enrolled at Pace University in 2022. 18% of first-time enrollees submitted SAT scores with their applications.

Pace University has an overall enrollment yield of 9.54%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

82.9%

Acceptance Rate in 2022

22,070

Accepted Out of 26,613

In 2022, the undergraduate acceptance rate of Pace University was 82.9% (22,070 admissions from 26,613 applications). This is lower than the acceptance rate of 2021, which was 87.6%. Between 2021 and 2022, the number of applicants grew by 7.33%, while admissions grew by 1.58%.

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

SAT Scores

18%

Submission Percentage (2022)

377

Scores Submitted (2022)

18% of enrolled first-time students at Pace 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

Pace University had a total enrollment of 13,609 students in 2022. The full-time enrollment at Pace University is 10,717 students and the part-time enrollment is 2,892. This means that 78.7% of students enrolled at Pace University are enrolled full-time.

The enrolled student population at Pace University, both undergraduate and graduate, is 41.3% White, 17.2% Hispanic or Latino, 9.68% Black or African American, 7.38% Asian, 3.76% Two or More Races, 0.147% American Indian or Alaska Native, and 0.14% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Pace University in full-time Undergraduate programs are most commonly White Female (32.1%), followed by White Male (15.5%) and Hispanic or Latino Female (15%). Students enrolled in full-time Graduate programs are most commonly White Female (23%), followed by White Male (9.55%) and Hispanic or Latino Female (7.26%).

Full-Time vs Part-Time Enrollment

78.7%

Full-Time Enrollment

The total enrollment at Pace University in 2022, both undergraduate and graduate, is 13,609 students. The full-time enrollment at Pace University is 10,717 and the part-time enrollment is 2,892. This means that 78.7% of students enrolled at Pace University are enrolled full-time compared with 77.4% at similar Doctoral Universities.

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

Retention Rate over Time

72%

2022 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 Pace University was 72%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Pace University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
5,624 enrolled students
Hispanic or Latino
2,341 enrolled students
Black or African American
1,317 enrolled students

The enrolled student population at Pace University is 41.3% White, 17.2% Hispanic or Latino, 9.68% Black or African American, 7.38% Asian, 3.76% Two or More Races, 0.147% American Indian or Alaska Native, and 0.14% 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 Doctoral Universities is 47.5% White, 15.5% Hispanic or Latino, and 9.58% 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, 380 students (2.79%) did not report their race.

Graduates

In 2022, 1,103 more women than men received degrees from Pace University. The most common race/ethnicity group of degree recipients at Pace University is white (1,852 degrees awarded). There were 3.71 times more white recipients than the next closest race/ethnicity group, hispanic or latino (499 degrees).

The most common Bachelor's Degree concentration at Pace University is Registered Nursing (234 degrees awarded), followed by General Finance (124 degrees) and Accounting (95 degrees).

In 2022, the most specialized majors across all degree types at Pace University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are History (180 degrees awarded), Legal (245 degrees), and Visual & Performing Arts (315 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Pace University are Elementary & middle school teachers (1,652,396 people), Software developers (578,046 people), Secondary school teachers (523,377 people), Education administrators (287,515 people), and Other managers (284,380 people).

The most specialized majors at Pace University in 2022 are History (180 degrees awarded), Legal (245 degrees), Visual & Performing Arts (315 degrees), Computer and Information Sciences and Support Services (349 degrees), and Education (321 degrees) (as of 2022).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Pace University are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Pace University are History (180 degrees awarded), Legal (245 degrees), Visual & Performing Arts (315 degrees), Computer and Information Sciences and Support Services (349 degrees), and Education (321 degrees) (as of 2022).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Pace University are Elementary & secondary schools (2,954,170 people), Computer Systems Design (680,620 people), Colleges, universities & professional schools, including junior colleges (451,108 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (214,412 people), and Management, scientific & technical consulting services (150,229 people).

Majors Awarded

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

Most Common (2022)

Registered Nursing
234 degrees awarded
General Finance
124 degrees awarded
Accounting
95 degrees awarded

In 2022, the most common bachelors degree concentration at Pace University was Registered Nursing with 234 degrees awarded.

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

Sex Breakdown for Common Majors

1,363

Degrees Awarded to Men

in 2022

2,466

Degrees Awarded to Women

in 2022

In 2022, 1,363 degrees were awarded to men at Pace University, which is 0.553 times less than the number of degrees awarded to females (2,466).

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

Most Common Male Majors

In 2022, 101 degrees were awarded to men at Pace University in General Finance, which is 2.24 times more than the 45 female recipients with that same degree.

Most Common Female Majors

In 2022, 203 degrees were awarded to men at Pace University in Registered Nursing, which is 5.64 times more than the 36 male recipients with that same degree.

Time to Complete

46%

100% Completion Time

58%

150% Completion Time

In 2022, 46% of students graduating from Pace University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 58% completed their degrees within 150% of the normal time, and 60% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Pace University is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.65% of graduates (20 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
1,852 degrees awarded
Hispanic or Latino
499 degrees awarded
Black or African American
414 degrees awarded

The most common race/ethnicity at Pace University is white (1,852 degrees awarded). There were 3.71 times more white recipients than the next closest race/ethnicity group, hispanic or latino (499 degrees).

3.53% of degree recipients (135 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
1,179 degrees awarded
White Male
673 degrees awarded
Hispanic or Latino Female
350 degrees awarded

The most common race/ethnicity and sex grouping at Pace University is white female (1,179 degrees awarded). There were 1.75 times more white female recipients than the next closest race/ethnicity group, white male (673 degrees).

Operations

Pace University has an endowment valued at nearly $210M, as of the end of the 2022 fiscal year. The return on its endowment was of −25.7M (−12.2%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, Pace University had a total salary expenditure of 380M. Pace University employs 188 Professors, 152 Associate professors and 106 Assistant professors. Most academics at Pace University are Male Professor (96), Female Associate professor (95), and Female Professor (92).

The most common positions for non-instructional staff at Pace University are: Management, with 243 employees, Office and Administrative Support, with 201 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 166 employees.

Endowment

$210M

2022 Endowment

16%

decline from 2021

Pace University has an endowment valued at about $210M, as of the end of the 2022 fiscal year. The endowment of Pace University declined 16% from the previous year. The value of their endowment was $162M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Moderate Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$12.8M - Federal
$1.1M - State
$415k - Local

As of 2022, Pace University received $12.8M in grants and contracts from the federal government, $1.1M from state grants and contracts, and $415k from local grants and contracts.

Salary Expenditure

$157M

2022 Salaries

1.63%

growth from 2021

In 2022, Pace University paid a median of $157M in salaries, which represents 41.4% of their overall expenditure ($380M) and a 1.63% growth from the previous year. This is compared to a 6.02% decline between 2020 and 2021, and a 0.374% decline between 2019 and 2020.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$55.3M

Instructional Salaries

483

Number of Employees

In 2022, Pace University paid a total of $55.3M to 483 employees working as instructors, which represents 35.1% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

188 Employees

Management

Most Common Non-Instructional Employee

243 Employees

In 2022, the most common positions for instructional staff at Pace University were Professor with 188 employees, Associate professor with 152 employees, and Assistant professor with 106 employees.

In 2022, the most common positions for non-instructional staff at Pace University were Management with 243 employees, Office and Administrative Support with 201 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 166 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Female Associate professor
Female Professor

In 2022, the most common demographic for instructional staff at Pace University was Male Professor with 96 employees, Female Associate professor with 95 employees, and Female Professor with 92 employees.

This chart shows the sex split between each academic rank present at Pace University.

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