Florida Memorial University

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2017 Undergraduate Tuition

$12,576

0% growth from 2016

2017 Average Net Price

$16,280

After Financial Aid

2016 Student Loan

13.3%

Default Rate

2017 Acceptance Rate

27.3%

6,802 Applicants

2017 Enrolled Students

1,250

91.5% Full-Time

2017 Graduation Rate

37.6%

144 Graduates

About

Florida Memorial University is a higher education institution located in Miami-Dade County, FL. In 2016, the most popular Bachelor's Degree concentrations at Florida Memorial University were Criminal Justice - Law Enforcement Administration (28 degrees awarded), Accounting & Finance (22 degrees), and General Psychology (21 degrees).

In 2017, 214 degrees were awarded across all undergraduate and graduate programs at Florida Memorial University. 62.6% of these degrees were awarded to women, and 37.4% awarded men. The majority of degree recipients were black or african american (131 degrees), 8.19 times more than then the next closest race/ethnicity group, unknown (16 degrees).

The median undergraduate tuition at Florida Memorial University is $12,576, which is $-12,618 less than the national average for Baccalaureate Colleges ($25,194).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

The median undergraduate tuition at Florida Memorial University is $12,576, which is $-12,618 less than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $16,280.

In 2017, 88% of undergraduate students received federal grants, while 72% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$12,576

2017 Undergraduate Tuition

In 2017, the cost of tuition at Florida Memorial University was $12,576. The cost of tuition at Florida Memorial University is $-12,618 less than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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

Average Net Price

$16,280

2017 Value

2.25%

1 Year Growth

In 2017 Florida Memorial University had an average net price — the price paid after factoring in grants and loans — of $16,280. Between 2016 and 2017, the average net price of Florida Memorial University grew by 2.25%.

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

$8,367

Room and Board

$2,300

Books and Supplies

The average yearly cost of room and board at Florida Memorial University was of $8,367 in 2017. During the same period, the average yearly cost of books and supplies was $2,300. The cost of room and board increased by 1.9% between 2016 and 2017. The cost of books and supplies increased by 15% during the same period.

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

Financial Aid

Financial Aid by Income Level

88%

Of Undergraduates Receive Grants

72%

Of Undergraduates Receive Federal Loans

88% of undergraduate students at Florida Memorial University received grants or loans in 2017. This represents a decline of 7.37% with respect to 2016, when 95% 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.

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.

13.3%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at Florida Memorial University was 13.3%, which represents 82 out of the 617 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

Florida Memorial University received 6,802 undergraduate applications in 2017, which represents a 22.3% annual growth. Out of those 6,802 applicants, 1,859 students were accepted for enrollment, representing a 27.3% acceptance rate.

There were 1,250 students enrolled at Florida Memorial University in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Florida Memorial University has an overall enrollment yield of 17.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

27.3%

Acceptance Rate in 2017

1,859

Accepted Out of 6,802

In 2017, the undergraduate acceptance rate of Florida Memorial University was 27.3% (1,859 admissions from 6,802 applications). This is higher than the acceptance rate of 2016, which was 25%. Between 2016 and 2017, the number of applicants grew by 22.3%, while admissions grew by 33.9%.

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

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Florida Memorial University in 2017 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.

Enrollment

Florida Memorial University has a total enrollment of 1,250 students. The full-time enrollment at Florida Memorial University is 1,144 students and the part-time enrollment is 106. This means that 91.5% of students enrolled at Florida Memorial University are enrolled full-time.

The enrolled student population at Florida Memorial University, both undergraduate and graduate, is 72.9% Black or African American, 7.2% Hispanic or Latino, 1.52% White, 0.64% Two or More Races, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Florida Memorial University in full-time Undergraduate programs are majority Black or African American Female (46.6%), followed by Black or African American Male (26%) and Hispanic or Latino Male (4.61%). Students enrolled in full-time Graduate programs are majority Black or African American Female (53.3%), followed by Black or African American Male (33.3%) and Hispanic or Latino Female (0%).

Full-Time vs Part-Time Enrollment

91.5%

Full-Time Enrollment

The total enrollment at Florida Memorial University, both undergraduate and graduate, is 1,250 students. The full-time enrollment at Florida Memorial University is 1,144 and the part-time enrollment is 106. This means that 91.5% of students enrolled at Florida Memorial University are enrolled full-time compared with 80.6% 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

56%

2017 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 56%. 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

Black or African American
911
Hispanic or Latino
90
White
19

The enrolled student population at Florida Memorial University is 72.9% Black or African American, 7.2% Hispanic or Latino, 1.52% White, 0.64% Two or More Races, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% 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 Baccalaureate Colleges is 54.9% White, 14% Black or African American, and 12.6% 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, 89 students (7.12%) did not report their race.

Graduates

In 2017, 54 more women than men received degrees from Florida Memorial University. The majority of degree recipients at Florida Memorial University are black or african american (131 degrees awarded). There were 8.19 times more black or african american graduates than the next closest race/ethnicity group, unknown (16 degrees).

The most common Bachelor's Degree concentration at Florida Memorial University is Criminal Justice - Law Enforcement Administration (28 degrees awarded), followed by Accounting & Finance (22 degrees) and General Psychology (21 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 (10 degrees awarded), Protective Services (28 degrees), and Communications (18 degrees).

Workforce

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 (230,055 people), Other managers (224,479 people), Lawyers, & judges, magistrates, & other judicial workers (140,019 people), Police officers (136,496 people), and Social workers, all other (129,902 people).

The most specialized majors at Florida Memorial University are Transportation (10 degrees awarded), Protective Services (28 degrees), Communications (18 degrees), Philosophy and Religious Studies (2 degrees), and Psychology (21 degrees).

Highest Paying Jobs by Major

Personal financial advisors

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 Personal financial advisors, Surgeons, Physicians, Dentists, and Magnetic resonance imaging technologists

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 (524,557 people), Justice, public order, & safety activities (379,508 people), Colleges, universities & professional schools, including junior colleges (309,843 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (250,461 people), and Outpatient care centers (156,555 people).

Degrees

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

Criminal Justice - Law Enforcement Administration
28 degree-majorss awarded
Accounting & Finance
22 degree-majorss awarded
General Psychology
21 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Florida Memorial University was Criminal Justice - Law Enforcement Administration with 28 degree-majorss awarded.

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

Gender Breakdown for Common Majors

Degrees Awarded to Men

In 2017, 80 degrees were awarded to men at Florida Memorial University, which is 0.597 times less than the number of degrees awarded to females (134).

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

Most Common Male Majors

In 2017, 16 degrees were awarded to men at Florida Memorial University in Accounting & Finance, which is 2.67 times more than the 6 female recipients with that same degree.

Most Common Female Majors

In 2017, 20 degrees were awarded to women at Florida Memorial University in Criminal Justice - Law Enforcement Administration, which is 2.5 times more than the 8 male recipients with that same degree.

Time to Complete

13%

100% Completion Time

39%

150% Completion Time

In 2017, 13% of students graduating from Florida Memorial University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 39% completed their degrees within 150% of the normal time, and 40% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Florida Memorial University is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (68.1%).

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, 8.33% of graduates (12 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

Black or African American
131 degrees awarded
Unknown
16 degrees awarded
Hispanic or Latino
15 degrees awarded

The most common race/ethnicity at Florida Memorial University is black or african american (131 degrees awarded). There were 8.19 times more black or african american recipients than the next closest race/ethnicity group, unknown (16 degrees).

7.48% of degree recipients (16 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

Black or African American Female
91 degrees awarded
Black or African American Male
40 degrees awarded
Hispanic or Latino Male
8 degrees awarded

The most common race/ethnicity and gender grouping at Florida Memorial University is black or african american female (91 degrees awarded). There were 2.27 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (40 degrees).

Operations

Florida Memorial University has an endowment valued at nearly $5.93M, as of the end of the 2017 fiscal year. The return on its endowment was of $731k (12.3%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Florida Memorial University had a total salary expenditure of $35.6M. Florida Memorial University employs 33 Associate professors, 20 Assistant professors, and 10 Instructors. Most academics at Florida Memorial University are Male Associate professors (20), Female Associate professors(13), and Male Assistant professors (12).

The most common positions for non-instructional staff at Florida Memorial University are: Office and Administrative Support, with 48 employees, Management, with 31 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 13 employees.

Finances

Endowment

$5.93M

2017 Endowment

15.8%

growth from 2016

Florida Memorial University has an endowment valued at about $5.93M, as of the end of the 2017 fiscal year. The endowment of Florida Memorial University grew 15.8% from the previous year. The value of their endowment was $31.2M 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

$4.71M - Federal
$118k - State
$0 - Local

As of 2017, Florida Memorial University received $4.71M in grants and contracts from the federal government, $118k from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$12.6M

2017 Salaries

4.54%

decline from 2016

In 2017, Florida Memorial University paid a median of $12.6M in salaries, which represents 35.3% of their overall expenditure ($35.6M) and a 4.54% decline from the previous year. This is compared to a 12.5% growth from 2015 and a 9.83% decline from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

Instructional Salaries

$4.45M

Instructional Salaries

Number of Employees

In 2017, Florida Memorial University paid a total of $4.45M to 69 employees working as instructors, which represents 35.4% of all salaries paid.

This is compared to a median of $3.02M (30.9%) for similar Baccalaureate Colleges: Diverse Fields.

Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

33 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

48 Employees

In 2017, the most common positions for instructional staff at Florida Memorial University were Associate professor with 33 employees; Assistant professor with 20 employees; and Assistant professor with 10 employees.

In 2017, the most common positions for non-instructional staff at Florida Memorial University were Office and Administrative Support with 48 employees; Management with 31 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 13 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Associate professor
Female Associate professor
Male Assistant professor

In 2017, the most common demographic for instructional staff at Florida Memorial University was Male Associate professor with 20 employees, Female Associate professor with 13 employees, and Male Assistant professor with 12 employees.

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

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