Pace University

www.pace.edu

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2023 Undergraduate Tuition

$49,550

2.9% growth from 2022

2023 Average Net Price

$34,299

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

77.1%

28,469 Applicants

2023 Enrolled Students

14,092

80.1% Full-Time

2023 Graduation Rate

61.3%

1,225 Graduates

About

Pace University is a higher education institution located in New York County, NY. In 2023, the most popular Professional Doctorate concentrations at Pace University were Law (257 degrees awarded), Registered Nursing (9 degrees), and Family Practice Nurse (6 degrees).

In 2023, 3,836 degrees were awarded across all undergraduate and graduate programs at Pace University. 66.2% of these degrees were awarded to women, and 33.8% awarded men. The most common race/ethnicity group of degree recipients was white (1,761 degrees), 3.29 times more than then the next closest race/ethnicity group, hispanic or latino (535 degrees).

The median undergraduate tuition at Pace University is $49,550, which is $18,547 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Pace University was 0%, corresponding to 0 out of the 2,662 total borrowers.

Photo by Benjamin KRAFT

Doctoral Universities: Moderate Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at Pace University is $49,550, which is $18,547 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $34,299.

In 2023, 90% of undergraduate students attending Pace University received financial aid through grants. Comparatively, 46% of undergraduate students received financial aid through loans.

Tuition Costs

$49,550

2023 Undergraduate Tuition

In 2023, the cost of tuition at Pace University was $49,550. The cost of tuition at Pace University is $18,547 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

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

Average Net Price

$34,299

2023 Value

2.81%

1 Year Growth

In 2023 Pace University had an average net price — the price paid after factoring in grants and loans — of $34,299. Between 2022 and 2023, the average net price of Pace University grew by 2.81%.

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

$22,240

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Pace University was of $22,240 in 2023. The cost of room and board increased by 8.08% between 2022 and 2023.

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

46%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Pace University received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, 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 28,469 undergraduate applications in 2023, which represents a 6.97% annual growth. Out of those 28,469 applicants, 21,961 students were accepted for enrollment, representing a 77.1% acceptance rate.

There were 14,092 students enrolled at Pace University in 2023. 18% of first-time enrollees submitted SAT scores with their applications.

Pace University has an overall enrollment yield of 8.87%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

77.1%

Acceptance Rate in 2023

21,961

Accepted Out of 28,469

In 2023, the undergraduate acceptance rate of Pace University was 77.1% (21,961 admissions from 28,469 applications). This is lower than the acceptance rate of 2022, which was 82.9%. Between 2022 and 2023, the number of applicants grew by 6.97%, while admissions declined by 0.494%.

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 (2023)

346

Scores Submitted (2023)

18% of enrolled first-time students at Pace University in 2023 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 14,092 students in 2023. The full-time enrollment at Pace University is 11,294 students and the part-time enrollment is 2,798. This means that 80.1% of students enrolled at Pace University are enrolled full-time.

The enrolled student population at Pace University, both undergraduate and graduate, is 38.1% White, 17.2% Hispanic or Latino, 9.67% Black or African American, 6.98% Asian, 3.59% Two or More Races, 0.163% American Indian or Alaska Native, and 0.106% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Pace University in full-time Undergraduate programs are most commonly White Female (31.3%), followed by Hispanic or Latino Female (15.7%) and White Male (15.3%). Students enrolled in full-time Graduate programs are most commonly White Female (20.4%), followed by White Male (8.7%) and Hispanic or Latino Female (6.29%).

Full-Time vs Part-Time Enrollment

80.1%

Full-Time Enrollment

The total enrollment at Pace University in 2023, both undergraduate and graduate, is 14,092 students. The full-time enrollment at Pace University is 11,294 and the part-time enrollment is 2,798. This means that 80.1% of students enrolled at Pace University are enrolled full-time compared with 77.9% 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

77%

2023 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 77%. 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 (2023)

White
5,375 enrolled students
Hispanic or Latino
2,429 enrolled students
Black or African American
1,363 enrolled students

The enrolled student population at Pace University is 38.1% White, 17.2% Hispanic or Latino, 9.67% Black or African American, 6.98% Asian, 3.59% Two or More Races, 0.163% American Indian or Alaska Native, and 0.106% 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 46.5% White, 15.9% Hispanic or Latino, and 9.78% 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, 344 students (2.44%) did not report their race.

Graduates

In 2023, 1,240 more women than men received degrees from Pace University. The most common race/ethnicity group of degree recipients at Pace University is white (1,761 degrees awarded). There were 3.29 times more white recipients than the next closest race/ethnicity group, hispanic or latino (535 degrees).

The most common Professional Doctorate concentration at Pace University is Law (257 degrees awarded), followed by Registered Nursing (9 degrees) and Family Practice Nurse (6 degrees).

In 2023, 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 Legal (285 degrees awarded), History (106 degrees), and Communications (266 degrees).

Common Jobs by Major

Software developers

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 Software developers (638,587 people), Other managers (347,056 people), Elementary & middle school teachers (208,303 people), Lawyers, & judges, magistrates, & other judicial workers (177,008 people), and Computer occupations, all other (145,365 people).

The most specialized majors at Pace University in 2023 are Legal (285 degrees awarded), History (106 degrees), Communications (266 degrees), Visual & Performing Arts (302 degrees), and Computer and Information Sciences and Support Services (412 degrees) (as of 2023).

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 Legal (285 degrees awarded), History (106 degrees), Communications (266 degrees), Visual & Performing Arts (302 degrees), and Computer and Information Sciences and Support Services (412 degrees) (as of 2023).

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 (2023)

Information Science
139 degrees awarded
General Special Education & Teaching
126 degrees awarded
Physician Assistant
117 degrees awarded

In 2023, the most common masters degree concentration at Pace University was Information Science with 139 degrees awarded.

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

Sex Breakdown for Common Majors

1,298

Degrees Awarded to Men

in 2023

2,538

Degrees Awarded to Women

in 2023

In 2023, 1,298 degrees were awarded to men at Pace University, which is 0.511 times less than the number of degrees awarded to females (2,538).

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

Most Common Male Majors

In 2023, 119 degrees were awarded to men at Pace University in Computer Science, which is 2.38 times more than the 50 female recipients with that same degree.

Most Common Female Majors

In 2023, 199 degrees were awarded to men at Pace University in Registered Nursing, which is 7.11 times more than the 28 male recipients with that same degree.

Time to Complete

46%

100% Completion Time

59%

150% Completion Time

In 2023, 46% of students graduating from Pace University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% 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 Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Pace University is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 2.53% of graduates (31 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
1,761 degrees awarded
Hispanic or Latino
535 degrees awarded
Black or African American
370 degrees awarded

The most common race/ethnicity at Pace University is white (1,761 degrees awarded). There were 3.29 times more white recipients than the next closest race/ethnicity group, hispanic or latino (535 degrees).

3.42% of degree recipients (131 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
1,182 degrees awarded
White Male
579 degrees awarded
Hispanic or Latino Female
391 degrees awarded

The most common race/ethnicity and sex grouping at Pace University is white female (1,182 degrees awarded). There were 2.04 times more white female recipients than the next closest race/ethnicity group, white male (579 degrees).

Operations

Pace University has an endowment valued at nearly $232M, as of the end of the 2023 fiscal year. The return on its endowment was of 30.4M (13.1%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Pace University had a total salary expenditure of 415M. Pace University employs 179 Professors, 157 Associate professors and 117 Assistant professors. Most academics at Pace University are Female Associate professor (101), Female Professor (90), and Male Professor (89).

The most common positions for non-instructional staff at Pace University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 256 employees, Business and Financial Operations, with 220 employees, and Office and Administrative Support with 202 employees.

Endowment

$232M

2023 Endowment

10.4%

growth from 2022

Pace University has an endowment valued at about $232M, as of the end of the 2023 fiscal year. The endowment of Pace University grew 10.4% from the previous year. The value of their endowment was $202M 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

$9.64M - Federal
$4.82M - State
$502k - Local

As of 2023, Pace University received $9.64M in grants and contracts from the federal government, $4.82M from state grants and contracts, and $502k from local grants and contracts.

Salary Expenditure

$172M

2023 Salaries

9.18%

growth from 2022

In 2023, Pace University paid a median of $172M in salaries, which represents 41.4% of their overall expenditure ($415M) and a 9.18% growth from the previous year. This is compared to a 1.63% growth between 2021 and 2022, and a 6.02% decline between 2020 and 2021.

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

Instructional Salaries

$56.9M

Instructional Salaries

487

Number of Employees

In 2023, Pace University paid a total of $56.9M to 487 employees working as instructors, which represents 33.1% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

179 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

256 Employees

In 2023, the most common positions for instructional staff at Pace University were Professor with 179 employees, Associate professor with 157 employees, and Assistant professor with 117 employees.

In 2023, the most common positions for non-instructional staff at Pace University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 256 employees, Business and Financial Operations with 220 employees, and Office and Administrative Support with 202 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Associate professor
Female Professor
Male Professor

In 2023, the most common demographic for instructional staff at Pace University was Female Associate professor with 101 employees, Female Professor with 90 employees, and Male Professor with 89 employees.

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

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