Fairfield University

fairfield.edu

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2023 Undergraduate Tuition
$55,510
3.51% growth from 2022
2023 Average Net Price
$47,630
After Financial Aid
2021 Default Rate
0%
on Student Loans
2023 Acceptance Rate
45%
15,463 Applicants
2023 Enrolled Students
6,289
87.9% Full-Time
2023 Graduation Rate
83.8%
832 Graduates

About

Fairfield University is a higher education institution located in None. In 2023, the most popular Bachelors Degree concentrations at Fairfield University were General Finance (254 degrees awarded), Registered Nursing (197 degrees), and General Marketing & Marketing Management (147 degrees).

In 2023, 1,989 degrees were awarded across all undergraduate and graduate programs at Fairfield University. 58.3% of these degrees were awarded to women, and 41.7% awarded men. The most common race/ethnicity group of degree recipients was white (1,426 degrees), 11 times more than then the next closest race/ethnicity group, hispanic or latino (130 degrees).

The median undergraduate tuition at Fairfield University is $55,510, which is $30,935 more than the national average for Masters Colleges and Universities ($24,575).

In 2021 the default rate for borrower's at Fairfield University was 0%, corresponding to 0 out of the 853 total borrowers.

Masters Colleges & Universities: Larger ProgramsMasters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Fairfield University is $55,510, which is $30,935 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $47,630.

In 2023, 91% of undergraduate students attending Fairfield University received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Tuition Costs

$55,510
2023 Undergraduate Tuition

In 2023, the cost of tuition at Fairfield University was $55,510. The cost of tuition at Fairfield University is $30,935 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

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Average Net Price

$47,630
2023 Value
3.4%
1 Year Growth

In 2023 Fairfield University had an average net price — the price paid after factoring in grants and loans — of $47,630. Between 2022 and 2023, the average net price of Fairfield University grew by 3.4%.

This chart compares the average net price of Fairfield 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.

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Other Student Expenses

$16,750
Room and Board
$1,150
Books and Supplies

The average yearly cost of room and board at Fairfield University was of $16,750 in 2023. The cost of room and board increased by 3.97% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,150. The cost of books and supplies did not change during the same period.

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

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Financial Aid by Income Level

91%
Undergraduates Receiving Financial Aid through Grants
48%
Undergraduates Receiving Financial Aid through Loans

91% of undergraduate students at Fairfield University received financial aid through grants or loans in 2023. This represents a growth of 1.11% with respect to 2022, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Fairfield 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.

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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%
2021 Default Rate
0
Number of Defaults

In 2021 the default rate for borrower's at Fairfield University was 0%, which represents 0 out of the 853 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.

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Admissions

Fairfield University received 15,463 undergraduate applications in 2023, which represents a 15.7% annual growth. Out of those 15,463 applicants, 6,956 students were accepted for enrollment, representing a 45% acceptance rate.

There were 6,289 students enrolled at Fairfield University in 2023. 21% of first-time enrollees submitted SAT scores with their applications.

Fairfield University has an overall enrollment yield of 20.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

45%
Acceptance Rate in 2023
6,956
Accepted Out of 15,463

In 2023, the undergraduate acceptance rate of Fairfield University was 45% (6,956 admissions from 15,463 applications). This is lower than the acceptance rate of 2022, which was 52.2%. Between 2022 and 2023, the number of applicants grew by 15.7%, while admissions declined by 0.215%.

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

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SAT Scores

21%
Submission Percentage (2023)
302
Scores Submitted (2023)

21% of enrolled first-time students at Fairfield 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.

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Enrollment

Fairfield University had a total enrollment of 6,289 students in 2023. The full-time enrollment at Fairfield University is 5,528 students and the part-time enrollment is 761. This means that 87.9% of students enrolled at Fairfield University are enrolled full-time.

The enrolled student population at Fairfield University, both undergraduate and graduate, is 77.6% White, 8.28% Hispanic or Latino, 2.35% Asian, 2.26% Black or African American, 1.8% Two or More Races, 0.0636% American Indian or Alaska Native, and 0.0318% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Fairfield University in full-time Undergraduate programs are most commonly White Female (47.3%), followed by White Male (34%) and Hispanic or Latino Female (3.95%). Students enrolled in full-time Graduate programs are most commonly White Female (37.1%), followed by White Male (23.2%) and Hispanic or Latino Female (6.17%).

Full-Time vs Part-Time Enrollment

87.9%
Full-Time Enrollment

The total enrollment at Fairfield University in 2023, both undergraduate and graduate, is 6,289 students. The full-time enrollment at Fairfield University is 5,528 and the part-time enrollment is 761. This means that 87.9% of students enrolled at Fairfield University are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

90%
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 Fairfield University was 90%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Fairfield University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    4,878 enrolled students
  2. Hispanic or Latino
    521 enrolled students
  3. Asian
    148 enrolled students

The enrolled student population at Fairfield University is 77.6% White, 8.28% Hispanic or Latino, 2.35% Asian, 2.26% Black or African American, 1.8% Two or More Races, 0.0636% American Indian or Alaska Native, and 0.0318% 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 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 332 students (5.28%) did not report their race.

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Graduates

In 2023, 331 more women than men received degrees from Fairfield University. The most common race/ethnicity group of degree recipients at Fairfield University is white (1,426 degrees awarded). There were 11 times more white recipients than the next closest race/ethnicity group, hispanic or latino (130 degrees).

The most common Bachelor's Degree concentration at Fairfield University is General Finance (254 degrees awarded), followed by Registered Nursing (197 degrees) and General Marketing & Marketing Management (147 degrees).

In 2023,  the most specialized majors across all degree types at Fairfield University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (854 degrees awarded), English (47 degrees), and Math & Statistics (42 degrees).

Common Jobs by Major

Accountants & auditors
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Fairfield University are Accountants & auditors (1,055,349 people), Other managers (928,388 people), Financial managers (559,689 people), Chief executives & legislators (473,337 people), and Elementary & middle school teachers (369,786 people).

The most specialized majors at Fairfield University in 2023 are Business (854 degrees awarded), English (47 degrees), Math & Statistics (42 degrees), Communications (90 degrees), and Interdisciplinary Studies (85 degrees) (as of 2023).

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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 Fairfield University are Surgeons, Physicians, Magnetic resonance imaging technologists, Securities, commodities, & financial services sales agents, and Chief executives & legislators

The most specialized majors at Fairfield University are Business (854 degrees awarded), English (47 degrees), Math & Statistics (42 degrees), Communications (90 degrees), and Interdisciplinary Studies (85 degrees) (as of 2023).

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Common Industries by Major

uninformed
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Fairfield University are uninformed (1,975,431 people), Elementary & secondary schools (1,019,452 people), Computer Systems Design (765,300 people), Colleges, universities & professional schools, including junior colleges (686,463 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (499,480 people).

The most specialized majors at Fairfield University are Business (854 degrees awarded), English (47 degrees), Math & Statistics (42 degrees), Communications (90 degrees), and Interdisciplinary Studies (85 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Fairfield University.
Most Common (2023)
  1. General Finance
    254 degrees awarded
  2. Registered Nursing
    197 degrees awarded
  3. General Marketing & Marketing Management
    147 degrees awarded

In 2023, the most common bachelors degree concentration at Fairfield University was General Finance with 254 degrees awarded.

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

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Sex Breakdown for Common Majors

829
Degrees Awarded to Men
in 2023
1,160
Degrees Awarded to Women
in 2023

In 2023, 829 degrees were awarded to men at Fairfield University, which is 0.715 times less than the number of degrees awarded to females (1,160).

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

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Most Common Male Majors

In 2023, 189 degrees were awarded to men at Fairfield University in General Finance, which is 2.86 times more than the 66 female recipients with that same degree.

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Most Common Female Majors

In 2023, 197 degrees were awarded to men at Fairfield University in Registered Nursing, which is 24.6 times more than the 8 male recipients with that same degree.

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Time to Complete

82%
100% Completion Time
84%
150% Completion Time

In 2023, 82% of students graduating from Fairfield University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 84% completed their degrees within 150% of the normal time, and 84% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Black or African American Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Fairfield University is Male and Black or African American (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (74.3%).

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, 3.85% of graduates (32 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    1,426 degrees awarded
  2. Hispanic or Latino
    130 degrees awarded
  3. Black or African American
    50 degrees awarded

The most common race/ethnicity at Fairfield University is white (1,426 degrees awarded). There were 11 times more white recipients than the next closest race/ethnicity group, hispanic or latino (130 degrees).

10.7% of degree recipients (212 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    826 degrees awarded
  2. White Male
    600 degrees awarded
  3. Hispanic or Latino Female
    88 degrees awarded

The most common race/ethnicity and sex grouping at Fairfield University is white female (826 degrees awarded). There were 1.38 times more white female recipients than the next closest race/ethnicity group, white male (600 degrees).

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Operations

Fairfield University has an endowment valued at nearly $380M, as of the end of the 2023 fiscal year. The return on its endowment was of 38.3M (10.1%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Fairfield University had a total salary expenditure of 256M. Fairfield University employs 147 Assistant professors, 105 Associate professors and 77 Professors. Most academics at Fairfield University are Female Assistant professor (77), Male Assistant professor (70), and Female Associate professor (57).

The most common positions for non-instructional staff at Fairfield University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 151 employees, Office and Administrative Support, with 112 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 97 employees.

Endowment

$380M
2023 Endowment
6.27%
growth from 2022

Fairfield University has an endowment valued at about $380M, as of the end of the 2023 fiscal year. The endowment of Fairfield University grew 6.27% from the previous year. The value of their endowment was $330M 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 Fairfield 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: Larger Programs Carnegie Classification grouping.

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Salary Expenditure

$108M
2023 Salaries
9.21%
growth from 2022

In 2023, Fairfield University paid a median of $108M in salaries, which represents 42.3% of their overall expenditure ($256M) and a 9.21% growth from the previous year. This is compared to a 4.89% growth between 2021 and 2022, and a 5.33% growth between 2020 and 2021.

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Instructional Salaries

$41.9M
Instructional Salaries
358
Number of Employees

In 2023, Fairfield University paid a total of $41.9M to 358 employees working as instructors, which represents 38.7% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

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Occupations by Share

Assistant professor
Most Common Instructor
147 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
151 Employees

In 2023, the most common positions for instructional staff at Fairfield University were Assistant professor with 147 employees, Associate professor with 105 employees, and Professor with 77 employees.

In 2023, the most common positions for non-instructional staff at Fairfield University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 151 employees, Office and Administrative Support with 112 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 97 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Female Assistant professor
  2. Male Assistant professor
  3. Female Associate professor

In 2023, the most common demographic for instructional staff at Fairfield University was Female Assistant professor with 77 employees, Male Assistant professor with 70 employees, and Female Associate professor with 57 employees.

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

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