Florida Memorial University

www.fmuniv.edu

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2024 Undergraduate Tuition

$14,274

2024 Average Net Price

$21,679

After Financial Aid

2024 Acceptance Rate

85.3%

9,121 Applicants

2024 Enrolled Students

1,277

91.9% Full-Time

2024 Graduation Rate

31.1%

102 Graduates

About

Florida Memorial University is a higher education institution located in Miami-Dade County, FL. In 2024, the most popular Bachelors Degree concentrations at Florida Memorial University were General Business Administration & Management (22 degrees awarded), General Psychology (17 degrees), and Criminal Justice - Law Enforcement Administration (11 degrees).

In 2024, 134 degrees were awarded across all undergraduate and graduate programs at Florida Memorial University. 58.2% of these degrees were awarded to women, and 41.8% awarded men. The most common race/ethnicity group of degree recipients was black or african american (90 degrees), 11.3 times more than then the next closest race/ethnicity group, hispanic or latino (8 degrees).

The median undergraduate tuition at Florida Memorial University is $14,274, which is $−13,904 less than the national average for Baccalaureate Colleges ($28,178).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2024, the median undergraduate tuition at Florida Memorial University is $14,274, which is $13,904 less than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $21,679.

In 2024, 85% of undergraduate students attending Florida Memorial University received financial aid through grants. Comparatively, 66% of undergraduate students received financial aid through loans.

Tuition Costs

$14,274

2024 Undergraduate Tuition

In 2024, the cost of tuition at Florida Memorial University was $14,274. The cost of tuition at Florida Memorial University is $−13,904 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

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

Average Net Price

$21,679

2024 Value

18%

1 Year Growth

In 2024 Florida Memorial University had an average net price — the price paid after factoring in grants and loans — of $21,679. Between 2023 and 2024, the average net price of Florida Memorial University grew by 18%.

This chart compares the average net price of Florida Memorial 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

$11,828

Room and Board

$2,600

Books and Supplies

The average yearly cost of room and board at Florida Memorial University was of $11,828 in 2024. The cost of room and board increased by 17.3% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $2,600. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

85%

Undergraduates Receiving Financial Aid through Grants

66%

Undergraduates Receiving Financial Aid through Loans

85% of undergraduate students at Florida Memorial University received financial aid through grants or loans in 2024. This represents a growth of 2.41% with respect to 2023, when 83% of undergraduate students received financial aid.

This chart compares the average award discount at Florida Memorial 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.

Admissions

Florida Memorial University received 9,121 undergraduate applications in 2024, which represents a 28.5% annual growth. Out of those 9,121 applicants, 7,777 students were accepted for enrollment, representing a 85.3% acceptance rate.

There were 1,277 students enrolled at Florida Memorial University in 2024.

Florida Memorial University has an overall enrollment yield of 4.77%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

85.3%

Acceptance Rate in 2024

7,777

Accepted Out of 9,121

In 2024, the undergraduate acceptance rate of Florida Memorial University was 85.3% (7,777 admissions from 9,121 applications). This is higher than the acceptance rate of 2023, which was 74.3%. Between 2023 and 2024, the number of applicants declined by 28.5%, while admissions declined by 17.9%.

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

Enrollment

Florida Memorial University had a total enrollment of 1,277 students in 2024. The full-time enrollment at Florida Memorial University is 1,174 students and the part-time enrollment is 103. This means that 91.9% of students enrolled at Florida Memorial University are enrolled full-time.

The enrolled student population at Florida Memorial University, both undergraduate and graduate, is 82.9% Black or African American, 4.46% White, 2.9% Hispanic or Latino, 0.235% Two or More Races, and 0.157% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Florida Memorial University in full-time Undergraduate programs are most commonly Black or African American Female (45.5%), followed by Black or African American Male (34.6%) and White Male (2.21%). Students enrolled in full-time Graduate programs are most commonly Black or African American Female (37.5%), followed by Black or African American Male (35.9%) and White Male (4.69%).

Full-Time vs Part-Time Enrollment

91.9%

Full-Time Enrollment

The total enrollment at Florida Memorial University in 2024, both undergraduate and graduate, is 1,277 students. The full-time enrollment at Florida Memorial University is 1,174 and the part-time enrollment is 103. This means that 91.9% of students enrolled at Florida Memorial University are enrolled full-time compared with 78.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

50%

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 Florida Memorial University was 50%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Florida Memorial University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

Black or African American
1,059 enrolled students
White
57 enrolled students
Hispanic or Latino
37 enrolled students

The enrolled student population at Florida Memorial University is 82.9% Black or African American, 4.46% White, 2.9% Hispanic or Latino, 0.235% Two or More Races, and 0.157% 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 Baccalaureate Colleges is 50.5% White, 15.6% Hispanic or Latino, and 13.2% 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, 17 students (1.33%) did not report their race.

Graduates

In 2024, 22 more women than men received degrees from Florida Memorial University. The most common race/ethnicity group of degree recipients at Florida Memorial University is black or african american (90 degrees awarded). There were 11.3 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (8 degrees).

The most common Bachelor's Degree concentration at Florida Memorial University is General Business Administration & Management (22 degrees awarded), followed by General Psychology (17 degrees) and Criminal Justice - Law Enforcement Administration (11 degrees).

In 2024, the most specialized majors across all degree types at Florida Memorial University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Transportation (11 degrees awarded), Protective Services (11 degrees), and Psychology (17 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 Florida Memorial University are Elementary & middle school teachers (1,585,124 people), Secondary school teachers (490,240 people), Education administrators (304,935 people), Social workers, all other (277,441 people), and Other managers (255,957 people).

The most specialized majors at Florida Memorial University in 2024 are Transportation (11 degrees awarded), Protective Services (11 degrees), Psychology (17 degrees), Public Administration and Social Service (6 degrees), and Education (19 degrees) (as of 2024).

Highest Paying Jobs by Major

Physicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Florida Memorial University are Physicians, Surgeons, Cardiovascular technologists and technicians, Geoscientists and hydrologists, except geographers, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Florida Memorial University are Transportation (11 degrees awarded), Protective Services (11 degrees), Psychology (17 degrees), Public Administration and Social Service (6 degrees), and Education (19 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 Florida Memorial University are Elementary & secondary schools (3,078,273 people), Justice, public order, & safety activities (436,941 people), Colleges, universities & professional schools, including junior colleges (409,674 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (357,276 people), and Individual & family services (288,447 people).

Majors Awarded

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

Most Common (2024)

General Business Administration & Management
22 degrees awarded
General Psychology
17 degrees awarded
Criminal Justice - Law Enforcement Administration
11 degrees awarded

In 2024, the most common bachelors degree concentration at Florida Memorial University was General Business Administration & Management with 22 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2024

Degrees Awarded to Women

in 2024

In 2024, 56 degrees were awarded to men at Florida Memorial University, which is 0.718 times less than the number of degrees awarded to females (78).

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

Most Common Male Majors

In 2024, 19 degrees were awarded to men at Florida Memorial University in General Business Administration & Management, which is 1.36 times more than the 14 female recipients with that same degree.

Most Common Female Majors

In 2024, 14 degrees were awarded to men at Florida Memorial University in General Business Administration & Management, which is 0.737 times less than the 19 male recipients with that same degree.

Time to Complete

17%

100% Completion Time

35%

150% Completion Time

In 2024, 17% of students graduating from Florida Memorial University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 35% completed their degrees within 150% of the normal time, and 36% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges 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)

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

The most common race/ethnicity at Florida Memorial University is black or african american (90 degrees awarded). There were 11.3 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (8 degrees).

6.72% of degree recipients (9 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

Black or African American Female
132 degrees awarded
Black or African American Female
119 degrees awarded
Black or African American Female
119 degrees awarded

The most common race/ethnicity and sex grouping at Florida Memorial University is black or african american female (132 degrees awarded). There were 1.11 times more black or african american female recipients than the next closest race/ethnicity group, black or african american female (119 degrees).

Operations

Florida Memorial University has an endowment valued at nearly $7.26M, as of the end of the 2024 fiscal year. The return on its endowment was of 383k (5.28%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Florida Memorial University had a total salary expenditure of 47.8M. Florida Memorial University employs 26 Assistant professors, 13 Associate professors and 13 Instructors. Most academics at Florida Memorial University are Male Assistant professor (14), Female Assistant professor (12), and Male Instructor (9).

The most common positions for non-instructional staff at Florida Memorial University are: Office and Administrative Support, with 35 employees, Service, with 35 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees.

Endowment

$7.26M

2024 Endowment

16.1%

growth from 2023

Florida Memorial University has an endowment valued at about $7.26M, as of the end of the 2024 fiscal year. The endowment of Florida Memorial University grew 16.1% from the previous year. The value of their endowment was $42.2M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Florida Memorial University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$3.77M - Federal
$64.4k - State
$142k - Local

As of 2024, Florida Memorial University received $3.77M in grants and contracts from the federal government, $64.4k from state grants and contracts, and $142k from local grants and contracts.

Salary Expenditure

$14.3M

2024 Salaries

17.5%

growth from 2023

In 2024, Florida Memorial University paid a median of $14.3M in salaries, which represents 29.9% of their overall expenditure ($47.8M) and a 17.5% growth from the previous year. This is compared to a 18.2% decline between 2022 and 2023, and a 7.15% growth between 2021 and 2022.

Instructional Salaries

$3.7M

Instructional Salaries

Number of Employees

In 2024, Florida Memorial University paid a total of $3.7M to 54 employees working as instructors, which represents 25.9% of all salaries paid.

This is compared to a median of $522k (3.48%) for similar Baccalaureate Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Florida Memorial University were Office and Administrative Support with 35 employees, Service with 35 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees.

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