Asbury University

https://www.asbury.edu

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2024 Undergraduate Tuition

$33,072

2024 Average Net Price

$23,033

After Financial Aid

2022 Default Rate

0.252%

on Student Loans

2024 Acceptance Rate

63.4%

2,063 Applicants

2024 Enrolled Students

2,100

62.8% Full-Time

2024 Graduation Rate

65%

180 Graduates

About

Asbury University is a higher education institution located in Jessamine County, KY. In 2024, the most popular Bachelors Degree concentrations at Asbury University were Other Business Administration, Management, & Operations (27 degrees awarded), Other Radio, Television, & Digital Communication (27 degrees), and Equestrian Studies (24 degrees).

In 2024, 404 degrees were awarded across all undergraduate and graduate programs at Asbury University. 61.4% of these degrees were awarded to women, and 38.6% awarded men. The most common race/ethnicity group of degree recipients was white (335 degrees), 14.6 times more than then the next closest race/ethnicity group, black or african american (23 degrees).

The median undergraduate tuition at Asbury University is $33,072, which is $9,072 more than the national average for Masters Colleges and Universities ($24,000).

In 2022 the default rate for borrower's at Asbury University was 0.252%, corresponding to 1 out of the 397 total borrowers.

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Asbury University is $33,072, which is $9,072 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 $23,033.

In 2024, 77% of undergraduate students attending Asbury University received financial aid through grants. Comparatively, 41% of undergraduate students received financial aid through loans.

Tuition Costs

$33,072

2024 Undergraduate Tuition

In 2024, the cost of tuition at Asbury University was $33,072. The cost of tuition at Asbury University is $9,072 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$23,033

2024 Value

7.76%

1 Year Growth

In 2024 Asbury University had an average net price — the price paid after factoring in grants and loans — of $23,033. Between 2023 and 2024, the average net price of Asbury University grew by 7.76%.

This chart compares the average net price of Asbury 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

$7,887

Room and Board

$1,462

Books and Supplies

The average yearly cost of room and board at Asbury University was of $7,887 in 2024. The cost of room and board increased by 6.62% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,462. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

77%

Undergraduates Receiving Financial Aid through Grants

41%

Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at Asbury University received financial aid through grants or loans in 2024. This represents a decline of 3.75% with respect to 2023, when 80% of undergraduate students received financial aid.

This chart compares the average award discount at Asbury 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.

0.252%

2022 Default Rate

Number of Defaults

In 2022 the default rate for borrower's at Asbury University was 0.252%, which represents 1 out of the 397 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

Asbury University received 2,063 undergraduate applications in 2024, which represents a 33.1% annual growth. Out of those 2,063 applicants, 1,308 students were accepted for enrollment, representing a 63.4% acceptance rate.

There were 2,100 students enrolled at Asbury University in 2024. 31% of first-time enrollees submitted SAT scores with their applications.

Asbury University has an overall enrollment yield of 26.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

63.4%

Acceptance Rate in 2024

1,308

Accepted Out of 2,063

In 2024, the undergraduate acceptance rate of Asbury University was 63.4% (1,308 admissions from 2,063 applications). This is lower than the acceptance rate of 2023, which was 64.1%. Between 2023 and 2024, the number of applicants grew by 33.1%, while admissions grew by 31.7%.

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

SAT Scores

31%

Submission Percentage (2020)

Scores Submitted (2020)

31% of enrolled first-time students at Asbury University in 2020 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

Asbury University had a total enrollment of 2,100 students in 2024. The full-time enrollment at Asbury University is 1,319 students and the part-time enrollment is 781. This means that 62.8% of students enrolled at Asbury University are enrolled full-time.

The enrolled student population at Asbury University, both undergraduate and graduate, is 76.6% White, 6.71% Hispanic or Latino, 4.24% Black or African American, 2.76% Two or More Races, 1.86% Asian, and 0.286% American Indian or Alaska Native.

Students enrolled at Asbury University in full-time Undergraduate programs are most commonly White Female (50%), followed by White Male (29.7%) and Hispanic or Latino Female (2.31%). Students enrolled in full-time Graduate programs are most commonly White Male (41.5%), followed by White Female (35.8%) and Black or African American Male (3.77%).

Full-Time vs Part-Time Enrollment

62.8%

Full-Time Enrollment

The total enrollment at Asbury University in 2024, both undergraduate and graduate, is 2,100 students. The full-time enrollment at Asbury University is 1,319 and the part-time enrollment is 781. This means that 62.8% of students enrolled at Asbury 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 Asbury University (in red) compares to similar universities.

Retention Rate over Time

83%

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 Asbury University was 83%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Asbury University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,609 enrolled students
Hispanic or Latino
141 enrolled students
Black or African American
89 enrolled students

The enrolled student population at Asbury University is 76.6% White, 6.71% Hispanic or Latino, 4.24% Black or African American, 2.76% Two or More Races, 1.86% Asian, and 0.286% 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 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, 50 students (2.38%) did not report their race.

Graduates

In 2024, 92 more women than men received degrees from Asbury University. The most common race/ethnicity group of degree recipients at Asbury University is white (335 degrees awarded). There were 14.6 times more white recipients than the next closest race/ethnicity group, black or african american (23 degrees).

The most common Bachelor's Degree concentration at Asbury University is Other Business Administration, Management, & Operations (27 degrees awarded), followed by Other Radio, Television, & Digital Communication (27 degrees) and Equestrian Studies (24 degrees).

In 2024, the most specialized majors across all degree types at Asbury University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (29 degrees awarded), Agriculture (25 degrees), and Communications (39 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Asbury University are Other managers (238,488 people), Elementary & middle school teachers (199,061 people), Lawyers, & judges, magistrates, & other judicial workers (139,299 people), Secondary school teachers (136,458 people), and Postsecondary teachers (135,743 people).

The most specialized majors at Asbury University in 2024 are Theology (29 degrees awarded), Agriculture (25 degrees), Communications (39 degrees), English (18 degrees), and Language & Linguistics (10 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 Asbury University are Surgeons, Cardiovascular technologists and technicians, Physicians, Nuclear medicine technologists and medical dosimetrists, and Gaming services workers

The most specialized majors at Asbury University are Theology (29 degrees awarded), Agriculture (25 degrees), Communications (39 degrees), English (18 degrees), and Language & Linguistics (10 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 Asbury University are Elementary & secondary schools (515,754 people), Colleges, universities & professional schools, including junior colleges (347,222 people), Computer Systems Design (193,654 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (147,225 people), and Legal services (129,207 people).

Majors Awarded

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

General Studies

Most Common (2024)

4 degrees awarded

In 2024, the most common associates degree concentration at Asbury University was General Studies with 4 degrees awarded.

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

Sex Breakdown for Common Majors

156

Degrees Awarded to Men

in 2024

248

Degrees Awarded to Women

in 2024

In 2024, 156 degrees were awarded to men at Asbury University, which is 0.629 times less than the number of degrees awarded to females (248).

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

Most Common Male Majors

In 2024, 19 degrees were awarded to men at Asbury University in General Business Administration & Management, which is 1.19 times more than the 16 female recipients with that same degree.

Most Common Female Majors

In 2024, 23 degrees were awarded to men at Asbury University in Equestrian Studies, which is 23 times more than the 1 male recipients with that same degree.

Time to Complete

60%

100% Completion Time

70%

150% Completion Time

In 2024, 60% of students graduating from Asbury 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
335 degrees awarded
Black or African American
23 degrees awarded
Hispanic or Latino
22 degrees awarded

The most common race/ethnicity at Asbury University is white (335 degrees awarded). There were 14.6 times more white recipients than the next closest race/ethnicity group, black or african american (23 degrees).

1.49% of degree recipients (6 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
271 degrees awarded
White Female
271 degrees awarded
White Female
251 degrees awarded

The most common race/ethnicity and sex grouping at Asbury University is white female (271 degrees awarded). There were 1 times more white female recipients than the next closest race/ethnicity group, white female (271 degrees).

Operations

Asbury University has an endowment valued at nearly $78.1M, as of the end of the 2024 fiscal year. The return on its endowment was of 7.56M (9.68%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Asbury University had a total salary expenditure of 41.1M. Asbury University employs 32 Professors, 28 Associate professors and 23 Assistant professors. Most academics at Asbury University are Male Professor (22), Female Assistant professor (17), and Female Associate professor (15).

The most common positions for non-instructional staff at Asbury University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 46 employees, Office and Administrative Support, with 38 employees, and Management with 37 employees.

Endowment

$78.1M

2024 Endowment

7.9%

growth from 2023

Asbury University has an endowment valued at about $78.1M, as of the end of the 2024 fiscal year. The endowment of Asbury University grew 7.9% from the previous year. The value of their endowment was $32.3M 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 Asbury 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: Small Programs Carnegie Classification grouping.

Salary Expenditure

$18M

2024 Salaries

1.24%

growth from 2023

In 2024, Asbury University paid a median of $18M in salaries, which represents 43.7% of their overall expenditure ($41.1M) and a 1.24% growth from the previous year. This is compared to a 5.45% growth between 2022 and 2023, and a 4.23% decline between 2021 and 2022.

Instructional Salaries

$5.64M

Instructional Salaries

Number of Employees

In 2024, Asbury University paid a total of $5.64M to 84 employees working as instructors, which represents 31.4% 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 Asbury University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 46 employees, Office and Administrative Support with 38 employees, and Management with 37 employees.

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