Freed-Hardeman University

www.fhu.edu

2024 Undergraduate Tuition

$25,620

2.48% growth from 2023

2024 Average Net Price

$20,178

After Financial Aid

2023 Default Rate

0.461%

on Student Loans

2024 Acceptance Rate

59.7%

1,302 Applicants

2024 Enrolled Students

2,306

55.3% Full-Time

2024 Graduation Rate

69.1%

210 Graduates

Costs

In 2024, the median undergraduate tuition at Freed-Hardeman University is $25,620, which is $1,620 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 $20,178.

In 2024, 90% of undergraduate students attending Freed-Hardeman University received financial aid through grants. Comparatively, 34% of undergraduate students received financial aid through loans.

Tuition Costs

$25,620

2024 Undergraduate Tuition

In 2024, the cost of tuition at Freed-Hardeman University was $25,620. The cost of tuition at Freed-Hardeman University is $1,620 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$20,178

2024 Value

10.5%

1 Year Growth

In 2024 Freed-Hardeman University had an average net price — the price paid after factoring in grants and loans — of $20,178. Between 2023 and 2024, the average net price of Freed-Hardeman University grew by 10.5%.

This chart compares the average net price of Freed-Hardeman 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

$6,520

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at Freed-Hardeman University was of $6,520 in 2024. The cost of room and board increased by 4.74% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,300. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

34%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Freed-Hardeman University received financial aid through grants or loans in 2024. This represents a decline of 3.23% with respect to 2023, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at Freed-Hardeman 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.

0.461%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Freed-Hardeman University was 0.461%, which represents 2 out of the 434 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.

Enrollment

Freed-Hardeman University had a total enrollment of 2,306 students in 2024. The full-time enrollment at Freed-Hardeman University is 1,276 students and the part-time enrollment is 1,030. This means that 55.3% of students enrolled at Freed-Hardeman University are enrolled full-time.

The enrolled student population at Freed-Hardeman University, both undergraduate and graduate, is 77.4% White, 12.7% Black or African American, 2.12% Two or More Races, 1.17% Asian, 0.217% American Indian or Alaska Native, 0.217% Hispanic or Latino, and 0.0867% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Freed-Hardeman University in full-time Undergraduate programs are most commonly White Female (47.8%), followed by White Male (39.9%) and Black or African American Male (2.21%). Students enrolled in full-time Graduate programs are most commonly White Male (32.1%), followed by White Female (26.7%) and Black or African American Female (22.9%).

Full-Time vs Part-Time Enrollment

55.3%

Full-Time Enrollment

The total enrollment at Freed-Hardeman University in 2024, both undergraduate and graduate, is 2,306 students. The full-time enrollment at Freed-Hardeman University is 1,276 and the part-time enrollment is 1,030. This means that 55.3% of students enrolled at Freed-Hardeman 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 Freed-Hardeman University (in red) compares to similar universities.

Retention Rate over Time

86%

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 Freed-Hardeman University was 86%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Freed-Hardeman University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,784 enrolled students
Black or African American
292 enrolled students
Two or More Races
49 enrolled students

The enrolled student population at Freed-Hardeman University is 77.4% White, 12.7% Black or African American, 2.12% Two or More Races, 1.17% Asian, 0.217% American Indian or Alaska Native, 0.217% Hispanic or Latino, and 0.0867% 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.

Graduates

In 2024, 106 more women than men received degrees from Freed-Hardeman University. The most common race/ethnicity group of degree recipients at Freed-Hardeman University is white (510 degrees awarded). There were 6.07 times more white recipients than the next closest race/ethnicity group, black or african american (84 degrees).

The most common Bachelor's Degree concentration at Freed-Hardeman University is Registered Nursing (31 degrees awarded), followed by General Psychology (29 degrees) and Biblical Studies (22 degrees).

In 2024, the most specialized majors across all degree types at Freed-Hardeman University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (53 degrees awarded), Parks, Recreation, & Leisure (34 degrees), and Education (121 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 Freed-Hardeman University are Elementary & middle school teachers (1,661,675 people), Secondary school teachers (553,475 people), Education administrators (327,953 people), Other managers (285,703 people), and Special education teachers (230,217 people).

The most specialized majors at Freed-Hardeman University in 2024 are Theology (53 degrees awarded), Parks, Recreation, & Leisure (34 degrees), Education (121 degrees), Visual & Performing Arts (48 degrees), and Psychology (56 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 Freed-Hardeman University are Surgeons, Nuclear medicine technologists and medical dosimetrists, Gaming services workers, Physicians, and Diagnostic medical sonographers

The most specialized majors at Freed-Hardeman University are Theology (53 degrees awarded), Parks, Recreation, & Leisure (34 degrees), Education (121 degrees), Visual & Performing Arts (48 degrees), and Psychology (56 degrees) (as of 2024).

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 Freed-Hardeman University are Elementary & secondary schools (3,222,201 people), Colleges, universities & professional schools, including junior colleges (531,286 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (397,395 people), Outpatient care centers (276,993 people), and Computer Systems Design (218,575 people).

Majors Awarded

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

Most Common (2024)

General Studies
16 degrees awarded
Physical Therapy Technician
6 degrees awarded

In 2024, the most common associates degree concentration at Freed-Hardeman University was General Studies with 16 degrees awarded.

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

Sex Breakdown for Common Majors

267

Degrees Awarded to Men

in 2024

373

Degrees Awarded to Women

in 2024

In 2024, 267 degrees were awarded to men at Freed-Hardeman University, which is 0.716 times less than the number of degrees awarded to females (373).

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

Most Common Male Majors

In 2024, 27 degrees were awarded to men at Freed-Hardeman University in Biblical Studies, which is 13.5 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2024, 29 degrees were awarded to men at Freed-Hardeman University in Registered Nursing, which is 14.5 times more than the 2 male recipients with that same degree.

Time to Complete

58%

100% Completion Time

70%

150% Completion Time

In 2024, 58% of students graduating from Freed-Hardeman University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 70% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
510 degrees awarded
Black or African American
84 degrees awarded
American Indian or Alaska Native
7 degrees awarded

The most common race/ethnicity at Freed-Hardeman University is white (510 degrees awarded). There were 6.07 times more white recipients than the next closest race/ethnicity group, black or african american (84 degrees).

4.22% of degree recipients (27 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
288 degrees awarded
White Female
227 degrees awarded
White Male
222 degrees awarded

The most common race/ethnicity and sex grouping at Freed-Hardeman University is white female (288 degrees awarded). There were 1.27 times more white female recipients than the next closest race/ethnicity group, white female (227 degrees).

Operations

Freed-Hardeman University has an endowment valued at nearly $85.2M, as of the end of the 2024 fiscal year. The return on its endowment was of 12.1M (14.3%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Freed-Hardeman University had a total salary expenditure of 40.9M. Freed-Hardeman University employs 42 Assistant professors, 30 Associate professors and 25 Professors. Most academics at Freed-Hardeman University are Male Professor (22), Male Assistant professor (22), and Male Associate professor (22).

The most common positions for non-instructional staff at Freed-Hardeman University are: Service, with 74 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 61 employees, and Management with 27 employees.

Endowment

$85.2M

2024 Endowment

13.7%

growth from 2023

Freed-Hardeman University has an endowment valued at about $85.2M, as of the end of the 2024 fiscal year. The endowment of Freed-Hardeman University grew 13.7% from the previous year. The value of their endowment was $39.4M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Freed-Hardeman 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.

Salary Expenditure

$17.2M

2024 Salaries

1.1%

decline from 2023

In 2024, Freed-Hardeman University paid a median of $17.2M in salaries, which represents 41.9% of their overall expenditure ($40.9M) and a 1.1% decline from the previous year. This is compared to a 3.45% growth between 2022 and 2023, and a 4.05% growth between 2021 and 2022.

Instructional Salaries

$7.79M

Instructional Salaries

113

Number of Employees

In 2024, Freed-Hardeman University paid a total of $7.79M to 113 employees working as instructors, which represents 45.4% of all salaries paid.

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

Occupations by Share

In 2024, the most common positions for non-instructional staff at Freed-Hardeman University were Service with 74 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 61 employees, and Management with 27 employees.

Freed-Hardeman University

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Freed-Hardeman University

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

SAT Scores

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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