Faulkner University

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2016 Undergraduate Tuition

$18,320

4.69% growth from 2015

2016 Average Net Price

$19,877

After Financial Aid

2015 Student Loan

12.2%

Default Rate

2016 Acceptance Rate

45.4%

2,446 Applicants

2016 Enrolled Students

3,319

71.6% Full-Time

2016 Graduation Rate

32.1%

71 Graduates

About

Faulkner University is a higher education institution located in Montgomery County, AL. In 2016, the most popular Bachelor's Degree concentrations at Faulkner University were General Business Administration & Management (179 degrees awarded), General Human Resources Management & Personnel Administration (73 degrees), and Criminal Justice - Safety Studies (73 degrees).

In 2016, 724 degrees were awarded across all undergraduate and graduate programs at Faulkner University. 67.4% of these degrees were awarded to women, and 32.6% awarded men. The majority of degree recipients were black or african american (335 degrees), 1.06 times more than then the next closest race/ethnicity group, white (317 degrees).

The median undergraduate tuition at Faulkner University is $18,320, which is $-1,840 less than the national average for Masters Colleges and Universities ($20,160).

Costs

The median undergraduate tuition at Faulkner University is $18,320, which is $-1,840 less than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $19,877.

In 2016, 53% of undergraduate students received federal grants, while 70% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$18,320

2016 Undergraduate Tuition

In 2016, the cost of tuition at Faulkner University was $18,320. The cost of tuition at Faulkner University is $-1,840 less than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

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

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Average Net Price

$19,877

2016 Value

1.2%

1 Year Growth

In 2016 Faulkner University had an average net price — the price paid after factoring in grants and loans — of $19,877. Between 2015 and 2016, the average net price of Faulkner University grew by 1.2%.

This chart compares the average net price of Faulkner 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

$7,565

Room and Board

$1,800

Books and Supplies

The average yearly cost of room and board at Faulkner University was of $7,565 in 2016. During the same period, the average yearly cost of books and supplies was $1,800. The cost of room and board increased by 2.37% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

53%

Of Undergraduates Receive Grants

70%

Of Undergraduates Receive Federal Loans

53% of undergraduate students at Faulkner University received grants or loans in 2016. This represents a decline of 33.8% with respect to 2015, when 80% of undergraduate students received financial aid.

This chart compares the average award discount at Faulkner 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.

12.2%

2015 Default Rate

180

Number of Defaults

In 2015 the default rate for borrower's at Faulkner University was 12.2%, which represents 180 out of the 1471 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

Faulkner University received 2,446 undergraduate applications in 2016, which represents a 42.9% annual growth. Out of those 2,446 applicants, 1,110 students were accepted for enrollment, representing a 45.4% acceptance rate.

There were 3,319 students enrolled at Faulkner University in 2016, and 6% of first-time enrollees submitted SAT scores with their applications.

Faulkner University has an overall enrollment yield of 28.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

45.4%

Acceptance Rate in 2016

1,110

Accepted Out of 2,446

In 2016, the undergraduate acceptance rate of Faulkner University was 45.4% (1,110 admissions from 2,446 applications). This is lower than the acceptance rate of 2015, which was 57.3%. Between 2015 and 2016, the number of applicants grew by 42.9%, while admissions grew by 13.1%.

This chart compares the acceptance rate of Faulkner University (in red) with that of other similar universities.

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SAT Scores

6%

Submission Percentage

18

Scores Submitted

6% of enrolled first-time students at Faulkner University in 2016 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Faulkner University has a total enrollment of 3,319 students. The full-time enrollment at Faulkner University is 2,377 students and the part-time enrollment is 942. This means that 71.6% of students enrolled at Faulkner University are enrolled full-time.

The enrolled student population at Faulkner University, both undergraduate and graduate, is 46.6% White, 44.4% Black or African American, 2.17% Hispanic or Latino, 1.78% Two or More Races, 0.753% Asian, 0.693% American Indian or Alaska Native, and 0.181% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Faulkner University in full-time Undergraduate programs are majority Black or African American Female (31.3%), followed by White Female (23.5%) and White Male (21.1%). Students enrolled in full-time Graduate programs are majority Black or African American Female (33.6%), followed by White Male (24.9%) and White Female (22.9%).

Full-Time vs Part-Time Enrollment

71.6%

Full-Time Enrollment

The total enrollment at Faulkner University, both undergraduate and graduate, is 3,319 students. The full-time enrollment at Faulkner University is 2,377 and the part-time enrollment is 942. This means that 71.6% of students enrolled at Faulkner University are enrolled full-time compared with 68.7% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

54%

2016 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 Faulkner University was 54%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Faulkner University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,547

  2. Black or African American

    1,475

  3. Hispanic or Latino

    72

The enrolled student population at Faulkner University is 46.6% White, 44.4% Black or African American, 2.17% Hispanic or Latino, 1.78% Two or More Races, 0.753% Asian, 0.693% American Indian or Alaska Native, and 0.181% 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 54.7% White, 14.3% Hispanic or Latino, and 13.3% 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, 48 students (1.45%) did not report their race.

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Graduates

In 2016, 252 more women than men received degrees from Faulkner University. The majority of degree recipients at Faulkner University are black or african american (335 degrees awarded). There were 1.06 times more black or african american graduates than the next closest race/ethnicity group, white (317 degrees).

The most common Bachelor's Degree concentration at Faulkner University is General Business Administration & Management (179 degrees awarded), followed by General Human Resources Management & Personnel Administration (73 degrees) and Criminal Justice - Safety Studies (73 degrees).

The most specialized majors across all degree types at Faulkner University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (82 degrees awarded), Protective Services (100 degrees), and Business (376 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Faulkner University are Accountants & auditors (1,074,537 people), Miscellaneous managers (730,065 people), Financial managers (424,728 people), Chief executives & legislators (314,741 people), and Firstline supervisors of retail sales workers (285,575 people).

The most specialized majors at Faulkner University are Legal (82 degrees awarded), Protective Services (100 degrees), Business (376 degrees), Interdisciplinary Studies (27 degrees), and Theology (9 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Faulkner University are Physicians & surgeons, Aircraft pilots & flight engineers, Sales representatives, wholesale & manufacturing, Firstline supervisors of nonretail sales workers, and Chief executives & legislators

The most specialized majors at Faulkner University are Legal (82 degrees awarded), Protective Services (100 degrees), Business (376 degrees), Interdisciplinary Studies (27 degrees), and Theology (9 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Faulkner University are Insurance carriers & related activities (541,872 people), Elementary & secondary schools (536,476 people), Banking & related activities (483,047 people), Justice, public order, & safety activities (470,943 people), and Computer Systems Design (408,280 people).

The most specialized majors at Faulkner University are Legal (82 degrees awarded), Protective Services (100 degrees), Business (376 degrees), Interdisciplinary Studies (27 degrees), and Theology (9 degrees).

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Degrees

Majors Awarded

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

In 2016, the most common bachelors degree concentration at Faulkner University was General Business Administration & Management with 179 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 236

  2. 488

In 2016, 236 degrees were awarded to men at Faulkner University, which is 0.484 times less than the number of degrees awarded to females (488).

This chart displays the gender disparity between the top 5 majors at Faulkner University by degrees awarded.

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Most Common Male Majors

In 2016, 63 degrees were awarded to men at Faulkner University in General Business Administration & Management, which is 0.417 times less than the 151 female recipients with that same degree.

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Most Common Female Majors

In 2016, 151 degrees were awarded to women at Faulkner University in General Business Administration & Management, which is 2.4 times more than the 63 male recipients with that same degree.

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Time to Complete

13%

100% Completion Time

28%

150% Completion Time

In 2016, 13% of students graduating from Faulkner University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 28% completed their degrees within 150% of the normal time, and 29% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Faulkner University is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (67.2%).

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, 1.41% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. Black or African American

    335 degrees awarded

  2. White

    317 degrees awarded

  3. Unknown

    24 degrees awarded

The most common race/ethnicity at Faulkner University is black or african american (335 degrees awarded). There were 1.06 times more black or african american recipients than the next closest race/ethnicity group, white (317 degrees).

3.31% of degree recipients (24 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. Black or African American Female

    272 degrees awarded

  2. White Female

    170 degrees awarded

  3. White Male

    147 degrees awarded

The most common race/ethnicity and gender grouping at Faulkner University is black or african american female (272 degrees awarded). There were 1.6 times more black or african american female recipients than the next closest race/ethnicity group, white female (170 degrees).

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Operations

Faulkner University has an endowment valued at nearly $18.2M, as of the end of the 2015 fiscal year. The return on its endowment was of $636k (3.49%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Faulkner University had a total expenditure of $43.3M. Of that $43.3M, they spent $19.1M on salaries and $43.3M on benefits.

Faulkner University employs 36 Professors, 27 Assistant professors, and 26 Associate professors. Most academics at Faulkner University are Male Professors (24), Male Associate professors(18), and Male Assistant professors (15).

The most common positions for non-instructional staff at Faulkner University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 55 employees, Office and Administrative Support, with 39 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 37 employees.

Finances

Endowment

$18.2M

2015 Endowment

4.65%

decline from 2014

Faulkner University has an endowment valued at about $18.2M, as of the end of the 2015 fiscal year. The endowment of Faulkner University declined 4.65% from the previous year. The value of their endowment was $10.6M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Faulkner 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.

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Government Grants and Contracts

Grants & Contracts

  1. $1.28M - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Faulkner University received $1.28M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$19.1M

Salary Expenditure

$43.3M

Benefits Expenditure

In 2015, Faulkner University had a total expenditure of $43.3M. Of that $43.3M, they spent $19.1M on salaries and $43.3M on benefits.

The bar chart shows the share of the primary expenses at Faulkner University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Faulkner University as a share of total expenditure.

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Salary Expenditure

$19.1M

2015 Salaries

1.91%

decline from 2014

In 2015, Faulkner University paid a median of $19.1M in salaries, which represents 44.1% of their overall expenditure ($43.3M) and a 1.91% decline from the previous year. This is compared to a 0.981% growth from 2013 and a 2.8% growth from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

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Instructional Salaries

$7.16M

Instructional Salaries

115

Number of Employees

In 2015, Faulkner University paid a total of $7.16M to 115 employees working as instructors, which represents 37.5% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

36 Employees

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

Most Common Non-Instructional Employee

55 Employees

In 2016, the most common positions for instructional staff at Faulkner University were Professor with 36 employees; Assistant professor with 27 employees; and Assistant professor with 26 employees.

In 2016, the most common positions for non-instructional staff at Faulkner University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 55 employees; Office and Administrative Support with 39 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 37 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Male Assistant professor

In 2016, the most common demographic for instructional staff at Faulkner University was Male Professor with 24 employees, Male Associate professor with 18 employees, and Male Assistant professor with 15 employees.

This chart shows the gender split between each academic rank present at Faulkner University.

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