Florida Memorial University

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2020 Undergraduate Tuition
$12,576
0% growth from 2019
2020 Average Net Price
$16,113
After Financial Aid
2018 Student Loan
15.6%
Default Rate
2020 Acceptance Rate
38.4%
3,929 Applicants
2020 Enrolled Students
928
88% Full-Time
2020 Graduation Rate
34.9%
145 Graduates

About

Florida Memorial University is a higher education institution located in Miami-Dade County, FL. In 2020, the most popular Bachelor's Degree concentrations at Florida Memorial University were General Psychology (20 degrees awarded), Public Relations, Advertising, & Applied Communication (17 degrees), and Criminal Justice - Law Enforcement Administration (17 degrees).

In 2020, 184 degrees were awarded across all undergraduate and graduate programs at Florida Memorial University. 71.2% of these degrees were awarded to women, and 28.8% awarded men. The most common race/ethnicity group of degree recipients was black or african american (123 degrees), 7.24 times more than then the next closest race/ethnicity group, unknown (17 degrees).

The median undergraduate tuition at Florida Memorial University is $12,576, which is $−15,824 less than the national average for Baccalaureate Colleges ($28,400).

dollarCosts

The median undergraduate tuition at Florida Memorial University is $12,576, which is $−15,824 less than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $16,113.

In 2020, 95% of undergraduate students attending Florida Memorial University received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Tuition Costs

$12,576
2020 Undergraduate Tuition

In 2020, the cost of tuition at Florida Memorial University was $12,576. The cost of tuition at Florida Memorial University is $−15,824 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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

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Average Net Price

$16,113
2020 Value
6.58%
1 Year Growth

In 2020 Florida Memorial University had an average net price — the price paid after factoring in grants and loans — of $16,113. Between 2019 and 2020, the average net price of Florida Memorial University grew by 6.58%.

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.

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Other Student Expenses

$9,138
Room and Board
$2,500
Books and Supplies

The average yearly cost of room and board at Florida Memorial University was of $9,138 in 2020. During the same period, the average yearly cost of books and supplies was $2,500. The cost of room and board did not change between 2019 and 2020. 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.

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Financial Aid by Income Level

95%
Undergraduates Receiving Financial Aid through Grants
64%
Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Florida Memorial University received financial aid through grants or loans in 2020. This represents a growth of 4.4% with respect to 2019, when 91% 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.

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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.
15.6%
2018 Default Rate
82
Number of Defaults

In 2018 the default rate for borrower's at Florida Memorial University was 15.6%, which represents 82 out of the 526 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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predictive-analysisAdmissions

Florida Memorial University received 3,929 undergraduate applications in 2020, which represents a 49.8% annual decline. Out of those 3,929 applicants, 1,509 students were accepted for enrollment, representing a 38.4% acceptance rate.

There were 928 students enrolled at Florida Memorial University in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Florida Memorial University has an overall enrollment yield of 20.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

38.4%
Acceptance Rate in 2020
1,509
Accepted Out of 3,929

In 2020, the undergraduate acceptance rate of Florida Memorial University was 38.4% (1,509 admissions from 3,929 applications). This is lower than the acceptance rate of 2019, which was 40%. Between 2019 and 2020, the number of applicants declined by −49.8%, while admissions declined by −51.8%.

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

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SAT Scores

N/A%
Submission Percentage
N/A
Scores Submitted

N/A% of enrolled first-time students at Florida Memorial University in 2020 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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bookEnrollment

Florida Memorial University has a total enrollment of 928 students. The full-time enrollment at Florida Memorial University is 817 students and the part-time enrollment is 111. This means that 88% of students enrolled at Florida Memorial University are enrolled full-time.

The enrolled student population at Florida Memorial University, both undergraduate and graduate, is 64.9% Black or African American, 8.51% Hispanic or Latino, 1.51% Two or More Races, 1.29% White, 0.108% American Indian or Alaska Native, 0% Asian, and 0% 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 (34.3%), followed by Black or African American Male (29.2%) and Hispanic or Latino Male (4.58%). Students enrolled in full-time Graduate programs are most commonly Black or African American Male (20%), followed by Black or African American Female (20%) and Hispanic or Latino Male (10%).

Full-Time vs Part-Time Enrollment

88%
Full-Time Enrollment

The total enrollment at Florida Memorial University, both undergraduate and graduate, is 928 students. The full-time enrollment at Florida Memorial University is 817 and the part-time enrollment is 111. This means that 88% of students enrolled at Florida Memorial University are enrolled full-time compared with 80.1% 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.

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Retention Rate over Time

50%
2020 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 (73%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. Black or African American
    602
  2. Hispanic or Latino
    79
  3. Two or More Races
    14

The enrolled student population at Florida Memorial University is 64.9% Black or African American, 8.51% Hispanic or Latino, 1.51% Two or More Races, 1.29% White, 0.108% American Indian or Alaska Native, 0% Asian, and 0% 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 54.8% White, 13.8% Black or African American, and 13.4% Hispanic or Latino.

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, 46 students (4.96%) did not report their race.

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learningGraduates

In 2020, 78 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 (123 degrees awarded). There were 7.24 times more black or african american graduates than the next closest race/ethnicity group, unknown (17 degrees).

The most common Bachelor's Degree concentration at Florida Memorial University is General Psychology (20 degrees awarded), followed by Public Relations, Advertising, & Applied Communication (17 degrees) and Criminal Justice - Law Enforcement Administration (17 degrees).

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 (9 degrees awarded), Legal (16 degrees), and Communications (17 degrees).

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 Florida Memorial University are Other managers (220,558 people), Elementary & middle school teachers (192,402 people), Police officers (144,397 people), Social workers, all other (124,478 people), and Lawyers, & judges, magistrates, & other judicial workers (123,107 people).

The most specialized majors at Florida Memorial University are Transportation (9 degrees awarded), Legal (16 degrees), Communications (17 degrees), Protective Services (17 degrees), and Psychology (20 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Florida Memorial University are Nuclear medicine technologists and medical dosimetrists, Surgeons, Physicians, Other financial specialists, and Personal financial advisors

The most specialized majors at Florida Memorial University are Transportation (9 degrees awarded), Legal (16 degrees), Communications (17 degrees), Protective Services (17 degrees), and Psychology (20 degrees).

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Common Industries by Major

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 (497,040 people), Justice, public order, & safety activities (387,564 people), Colleges, universities & professional schools, including junior colleges (280,307 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (237,972 people), and Individual & family services (160,527 people).

The most specialized majors at Florida Memorial University are Transportation (9 degrees awarded), Legal (16 degrees), Communications (17 degrees), Protective Services (17 degrees), and Psychology (20 degrees).

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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 Florida Memorial University.
Most Common
  1. 20 degree-majorss awarded
  2. 17 degree-majorss awarded
  3. 17 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Florida Memorial University was General Psychology with 20 degrees awarded.

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

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Sex Breakdown for Common Majors

53
Degrees Awarded to Men
in 2020
131
Degrees Awarded to Women
in 2020

In 2020, 53 degrees were awarded to men at Florida Memorial University, which is 0.405 times less than the number of degrees awarded to females (131).

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

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Most Common Male Majors

In 2020, 8 degrees were awarded to men at Florida Memorial University in General Business Administration & Management, which is 0.889 times less than the 9 female recipients with that same degree.

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Most Common Female Majors

In 2020, 17 degrees were awarded to women at Florida Memorial University in General Psychology, which is 5.67 times more than the 3 male recipients with that same degree.

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Time to Complete

16%
100% Completion Time
36%
150% Completion Time

In 2020, 16% of students graduating from Florida Memorial University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 36% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Florida Memorial University is Female and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.4%).

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, 7.59% of graduates (11 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
    123 degrees awarded
  2. Unknown
    17 degrees awarded
  3. Hispanic or Latino
    11 degrees awarded

The most common race/ethnicity at Florida Memorial University is black or african american (123 degrees awarded). There were 7.24 times more black or african american recipients than the next closest race/ethnicity group, unknown (17 degrees).

9.24% of degree recipients (17 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. Black or African American Female
    87 degrees awarded
  2. Black or African American Male
    36 degrees awarded
  3. Hispanic or Latino Female
    6 degrees awarded

The most common race/ethnicity and sex grouping at Florida Memorial University is black or african american female (87 degrees awarded). There were 2.42 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (36 degrees).

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briefcaseOperations

Florida Memorial University has an endowment valued at nearly $4.47M, as of the end of the 2020 fiscal year. The return on its endowment was of $425k (9.5%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Florida Memorial University had a total salary expenditure of $43.6M. Florida Memorial University employs 26 Associate professors, 21 Assistant professors, and 8 Instructors. Most academics at Florida Memorial University are Male Assistant professors (14), Male Associate professors(13), and Female Associate professors (13).

The most common positions for non-instructional staff at Florida Memorial University are: Office and Administrative Support, with 43 employees, Service, with 36 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees.

Endowment

$4.47M
2020 Endowment
11.9%
growth from 2019

Florida Memorial University has an endowment valued at about $4.47M, as of the end of the 2020 fiscal year. The endowment of Florida Memorial University grew 11.9% from the previous year. The value of their endowment was $35.4M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $4.68M - Federal
  2. $107k - State
  3. $0 - Local

As of 2020, Florida Memorial University received $4.68M in grants and contracts from the federal government, $107k from state grants and contracts, and $0 from local grants and contracts.

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Salary Expenditure

$11.2M
2020 Salaries
9.28%
decline from 2019

In 2020, Florida Memorial University paid a median of $11.2M in salaries, which represents 25.6% of their overall expenditure ($43.6M) and a 9.28% decline from the previous year. This is compared to a 7.82% growth from 2018 and a 9.21% decline from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

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Instructional Salaries

$4.16M
Instructional Salaries
61
Number of Employees

In 2020, Florida Memorial University paid a total of $4.16M to 61 employees working as instructors, which represents 37.3% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

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Occupations by Share

Associate professor
Most Common Instructor
26 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
43 Employees

In 2020, the most common positions for instructional staff at Florida Memorial University were Associate professor with 26 employees; Assistant professor with 21 employees; and Assistant professor with 8 employees.

In 2020, the most common positions for non-instructional staff at Florida Memorial University were Office and Administrative Support with 43 employees; Service with 36 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees.

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Instructors by Academic Rank and Sex

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

In 2020, the most common demographic for instructional staff at Florida Memorial University was Male Assistant professor with 14 employees, Male Associate professor with 13 employees, and Female Associate professor with 13 employees.

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

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