Richmont Graduate University

www.richmont.edu

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2020 Default Rate

on Student Loans

2022 Enrolled Students

343

52.8% Full-Time

About

Richmont Graduate University is a higher education institution located in Hamilton County, TN. In 2022, the most popular Masters Degree concentrations at Richmont Graduate University were Counseling Psychology (73 degrees awarded).

In 2022, 73 degrees were awarded across all undergraduate and graduate programs at Richmont Graduate University. 79.5% of these degrees were awarded to women, and 20.5% awarded men. The most common race/ethnicity group of degree recipients was white (57 degrees), 7.13 times more than then the next closest race/ethnicity group, black or african american (8 degrees).

In 2020 the default rate for borrower's at Richmont Graduate University was 0%, corresponding to 0 out of the 82 total borrowers.

Special Focus Four-Year: Other Health Professions Schools Special Focus Institutions

Costs

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 Richmont Graduate University was 0%, which represents 0 out of the 82 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

Richmont Graduate University had a total enrollment of 343 students in 2022. The full-time enrollment at Richmont Graduate University is 181 students and the part-time enrollment is 162. This means that 52.8% of students enrolled at Richmont Graduate University are enrolled full-time.

The enrolled student population at Richmont Graduate University, both undergraduate and graduate, is 84% White, 10.8% Black or African American, 2.04% Asian, 2.04% Hispanic or Latino, and 0.583% American Indian or Alaska Native.

Students enrolled in full-time Graduate programs are most commonly White Female (66.9%), followed by Black or African American Female (13.8%) and White Male (13.8%).

Full-Time vs Part-Time Enrollment

52.8%

Full-Time Enrollment

The total enrollment at Richmont Graduate University in 2022, both undergraduate and graduate, is 343 students. The full-time enrollment at Richmont Graduate University is 181 and the part-time enrollment is 162. This means that 52.8% of students enrolled at Richmont Graduate University are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
288 enrolled students
Black or African American
37 enrolled students
Asian
7 enrolled students

The enrolled student population at Richmont Graduate University is 84% White, 10.8% Black or African American, 2.04% Asian, 2.04% Hispanic or Latino, and 0.583% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% Black or African American.

Graduates

In 2022, 43 more women than men received degrees from Richmont Graduate University. The most common race/ethnicity group of degree recipients at Richmont Graduate University is white (57 degrees awarded). There were 7.13 times more white recipients than the next closest race/ethnicity group, black or african american (8 degrees).

The most common Masters Degree concentration at Richmont Graduate University is Counseling Psychology (73 degrees awarded).

In 2022, the most specialized majors across all degree types at Richmont Graduate University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Psychology (73 degrees awarded).

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 Richmont Graduate University are Elementary & middle school teachers (105,240 people), Social workers, all other (92,750 people), Other managers (86,787 people), Educational, guidance, and career counselors and advisors (64,942 people), and Other psychologists (56,598 people).

The most specialized majors at Richmont Graduate University in 2022 are Psychology (73 degrees awarded) (as of 2022).

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 Richmont Graduate University are Surgeons, Physicians, Magnetic resonance imaging technologists, Dentists, and Chief executives & legislators

The most specialized majors at Richmont Graduate University are Psychology (73 degrees awarded) (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 Richmont Graduate University are Elementary & secondary schools (327,635 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (163,782 people), Colleges, universities & professional schools, including junior colleges (156,142 people), Outpatient care centers (145,382 people), and Individual & family services (119,221 people).

The most specialized majors at Richmont Graduate University are Psychology (73 degrees awarded) (as of 2022).

Majors Awarded

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

Counseling Psychology

Most Common (2022)

73 degrees awarded

In 2022, the most common masters degree concentration at Richmont Graduate University was Counseling Psychology with 73 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 15 degrees were awarded to men at Richmont Graduate University, which is 0.259 times less than the number of degrees awarded to females (58).

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

Most Common Male Majors

In 2022, 15 degrees were awarded to men at Richmont Graduate University in Counseling Psychology, which is 0.259 times less than the 58 female recipients with that same degree.

Most Common Female Majors

In 2022, 58 degrees were awarded to men at Richmont Graduate University in Counseling Psychology, which is 3.87 times more than the 15 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
57 degrees awarded
Black or African American
8 degrees awarded
Hispanic or Latino
3 degrees awarded

The most common race/ethnicity at Richmont Graduate University is white (57 degrees awarded). There were 7.13 times more white recipients than the next closest race/ethnicity group, black or african american (8 degrees).

5.48% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
46 degrees awarded
White Male
11 degrees awarded
Black or African American Female
5 degrees awarded

The most common race/ethnicity and sex grouping at Richmont Graduate University is white female (46 degrees awarded). There were 4.18 times more white female recipients than the next closest race/ethnicity group, white male (11 degrees).

Operations

Richmont Graduate University has an endowment valued at nearly $2.03M, as of the end of the 2022 fiscal year. The return on its endowment was of −92.3k (−4.56%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Richmont Graduate University had a total salary expenditure of 8.35M. Richmont Graduate University employs 10 Assistant professors, 7 Professors and 3 Associate professors. Most academics at Richmont Graduate University are Male Assistant professor (6), Female Professor (4), and Female Assistant professor (4).

The most common positions for non-instructional staff at Richmont Graduate University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 22 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 14 employees, and Business and Financial Operations with 9 employees.

Endowment

$2.03M

2022 Endowment

5.03%

decline from 2021

Richmont Graduate University has an endowment valued at about $2.03M, as of the end of the 2022 fiscal year. The endowment of Richmont Graduate University declined 5.03% from the previous year. The value of their endowment was $9.61M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Richmont Graduate 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: Other Health Professions Schools Carnegie Classification grouping.

Salary Expenditure

$5.98M

2022 Salaries

6.54%

growth from 2021

In 2022, Richmont Graduate University paid a median of $5.98M in salaries, which represents 71.6% of their overall expenditure ($8.35M) and a 6.54% growth from the previous year. This is compared to a 9.14% growth between 2020 and 2021, and a 9.65% growth between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$1.26M

Instructional Salaries

Number of Employees

In 2022, Richmont Graduate University paid a total of $1.26M to 20 employees working as instructors, which represents 21% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

Occupations by Share

Assistant professor

Most Common Instructor

10 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

22 Employees

In 2022, the most common positions for instructional staff at Richmont Graduate University were Assistant professor with 10 employees, Professor with 7 employees, and Associate professor with 3 employees.

In 2022, the most common positions for non-instructional staff at Richmont Graduate University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 22 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 14 employees, and Business and Financial Operations with 9 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Assistant professor
Female Professor
Female Assistant professor

In 2022, the most common demographic for instructional staff at Richmont Graduate University was Male Assistant professor with 6 employees, Female Professor with 4 employees, and Female Assistant professor with 4 employees.

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

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