Franklin Pierce University

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2019 Undergraduate Tuition
$35,900
5.9% growth from 2018
2019 Average Net Price
$27,876
After Financial Aid
2017 Student Loan
7.27%
Default Rate
2019 Acceptance Rate
66.5%
5,150 Applicants
2019 Enrolled Students
2,114
78.9% Full-Time
2018 Graduation Rate
49.6%
269 Graduates

About

Franklin Pierce University is a higher education institution located in Cheshire County, NH. In 2016, the most popular Bachelor's Degree concentrations at Franklin Pierce University were General Health Services (57 degrees awarded), Criminal Justice - Law Enforcement Administration (39 degrees), and General Business Administration & Management (38 degrees).

In 2019, 574 degrees were awarded across all undergraduate and graduate programs at Franklin Pierce University. 57.1% of these degrees were awarded to women, and 42.9% awarded men. The most common race/ethnicity group of degree recipients was white (442 degrees), 11.9 times more than then the next closest race/ethnicity group, hispanic or latino (37 degrees).

The median undergraduate tuition at Franklin Pierce University is $35,900, which is $13,874 more than the national average for Masters Colleges and Universities ($22,027).

Costs

The median undergraduate tuition at Franklin Pierce University is $35,900, which is $13,874 more than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $27,876.

In 2019, 94% of undergraduate students received federal grants, while 80% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$35,900
2019 Undergraduate Tuition

In 2019, the cost of tuition at Franklin Pierce University was $35,900. The cost of tuition at Franklin Pierce University is $13,874 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

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

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Average Net Price

$27,876
2019 Value
4.66%
1 Year Growth

In 2019 Franklin Pierce University had an average net price — the price paid after factoring in grants and loans — of $27,876. Between 2018 and 2019, the average net price of Franklin Pierce University grew by 4.66%.

This chart compares the average net price of Franklin Pierce 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

$13,345
Room and Board
$1,300
Books and Supplies

The average yearly cost of room and board at Franklin Pierce University was of $13,345 in 2019. During the same period, the average yearly cost of books and supplies was $1,300. The cost of room and board increased by 4% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

94%
Of Undergraduates Receive Grants
80%
Of Undergraduates Receive Federal Loans

94% of undergraduate students at Franklin Pierce University received grants or loans in 2019. This represents a decline of 6% with respect to 2018, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Franklin Pierce 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.
7.27%
2017 Default Rate
59
Number of Defaults

In 2017 the default rate for borrower's at Franklin Pierce University was 7.27%, which represents 59 out of the 811 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

Franklin Pierce University received 5,150 undergraduate applications in 2019, which represents a 1.72% annual decline. Out of those 5,150 applicants, 3,424 students were accepted for enrollment, representing a 66.5% acceptance rate.

There were 2,114 students enrolled at Franklin Pierce University in 2019, and N/A% of first-time enrollees submitted SAT scores with their applications.

Franklin Pierce University has an overall enrollment yield of 12.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

66.5%
Acceptance Rate in 2019
3,424
Accepted Out of 5,150

In 2019, the undergraduate acceptance rate of Franklin Pierce University was 66.5% (3,424 admissions from 5,150 applications). This is higher than the acceptance rate of 2018, which was 66.1%. Between 2018 and 2019, the number of applicants declined by −1.72%, while admissions declined by −1.15%.

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

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SAT Scores

N/A%
Submission Percentage
0
Scores Submitted

N/A% of enrolled first-time students at Franklin Pierce University in 2019 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

Franklin Pierce University has a total enrollment of 2,114 students. The full-time enrollment at Franklin Pierce University is 1,668 students and the part-time enrollment is 446. This means that 78.9% of students enrolled at Franklin Pierce University are enrolled full-time.

The enrolled student population at Franklin Pierce University, both undergraduate and graduate, is 73.4% White, 7.62% Hispanic or Latino, 6.24% Black or African American, 2.65% Asian, 2.46% Two or More Races, 0.284% American Indian or Alaska Native, and 0.0946% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Franklin Pierce University in full-time Undergraduate programs are most commonly White Female (40.7%), followed by White Male (31.3%) and Black or African American Male (5.72%). Students enrolled in full-time Graduate programs are most commonly White Female (41.7%), followed by White Male (30.7%) and Asian Female (7.34%).

Full-Time vs Part-Time Enrollment

78.9%
Full-Time Enrollment

The total enrollment at Franklin Pierce University, both undergraduate and graduate, is 2,114 students. The full-time enrollment at Franklin Pierce University is 1,668 and the part-time enrollment is 446. This means that 78.9% of students enrolled at Franklin Pierce University are enrolled full-time compared with 69.2% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

68%
2019 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 Franklin Pierce University was 68%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Franklin Pierce University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,552
  2. Hispanic or Latino
    161
  3. Black or African American
    132

The enrolled student population at Franklin Pierce University is 73.4% White, 7.62% Hispanic or Latino, 6.24% Black or African American, 2.65% Asian, 2.46% Two or More Races, 0.284% American Indian or Alaska Native, and 0.0946% 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 53.3% White, 16% Hispanic or Latino, and 12.9% 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, 110 students (5.2%) did not report their race.

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Graduates

In 2019, 82 more women than men received degrees from Franklin Pierce University. The most common race/ethnicity group of degree recipients at Franklin Pierce University is white (442 degrees awarded). There were 11.9 times more white graduates than the next closest race/ethnicity group, hispanic or latino (37 degrees).

The most common Bachelor's Degree concentration at Franklin Pierce University is General Health Services (57 degrees awarded), followed by Criminal Justice - Law Enforcement Administration (39 degrees) and General Business Administration & Management (38 degrees).

The most specialized majors across all degree types at Franklin Pierce University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Natural Resources & Conservation (10 degrees awarded), Protective Services (39 degrees), and Health (256 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 Franklin Pierce University are Registered nurses (1,410,367 people), Other managers (196,499 people), Elementary & middle school teachers (171,653 people), Medical & health services managers (162,507 people), and Police officers (146,826 people).

The most specialized majors at Franklin Pierce University are Natural Resources & Conservation (10 degrees awarded), Protective Services (39 degrees), Health (256 degrees), Parks, Recreation, & Leisure (19 degrees), and English (10 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 Franklin Pierce University are Surgeons, Physicians, Chief executives & legislators, Construction & building inspectors, and Architectural & engineering managers

The most specialized majors at Franklin Pierce University are Natural Resources & Conservation (10 degrees awarded), Protective Services (39 degrees), Health (256 degrees), Parks, Recreation, & Leisure (19 degrees), and English (10 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 Franklin Pierce University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,561,770 people), Elementary & secondary schools (521,657 people), Justice, public order, & safety activities (389,749 people), Colleges, universities & professional schools, including junior colleges (329,462 people), and Outpatient care centers (279,904 people).

The most specialized majors at Franklin Pierce University are Natural Resources & Conservation (10 degrees awarded), Protective Services (39 degrees), Health (256 degrees), Parks, Recreation, & Leisure (19 degrees), and English (10 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 Franklin Pierce University.
Most Common
  1. 57 degree-majorss awarded
  2. 39 degree-majorss awarded
  3. 38 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Franklin Pierce University was General Health Services with 57 degrees awarded.

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

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Gender Breakdown for Common Majors

246
Degrees Awarded to Men
in 2019
328
Degrees Awarded to Women
in 2019

In 2019, 246 degrees were awarded to men at Franklin Pierce University, which is 0.75 times less than the number of degrees awarded to females (328).

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

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Most Common Male Majors

In 2019, 42 degrees were awarded to men at Franklin Pierce University in Physical Therapy, which is 0.933 times less than the 45 female recipients with that same degree.

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Most Common Female Majors

In 2019, 45 degrees were awarded to women at Franklin Pierce University in Physical Therapy, which is 1.07 times more than the 42 male recipients with that same degree.

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Time to Complete

42%
100% Completion Time
49%
150% Completion Time

In 2019, 42% of students graduating from Franklin Pierce University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 49% completed their degrees within 150% of the normal time, and 50% 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.
Two or More Races Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Franklin Pierce University is Male and Two or More Races (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (69.1%).

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, 7.43% of graduates (20 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    442 degrees awarded
  2. Hispanic or Latino
    37 degrees awarded
  3. Unknown
    35 degrees awarded

The most common race/ethnicity at Franklin Pierce University is white (442 degrees awarded). There were 11.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (37 degrees).

6.1% of degree recipients (35 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    259 degrees awarded
  2. White Male
    183 degrees awarded
  3. Hispanic or Latino Female
    21 degrees awarded

The most common race/ethnicity and gender grouping at Franklin Pierce University is white female (259 degrees awarded). There were 1.42 times more white female recipients than the next closest race/ethnicity group, white male (183 degrees).

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Operations

Franklin Pierce University has an endowment valued at nearly $14.6M, as of the end of the 2019 fiscal year. The return on its endowment was of $456k (3.13%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Franklin Pierce University had a total salary expenditure of $51.9M. Franklin Pierce University employs 38 Assistant professors, 27 Associate professors, and 19 Professors. Most academics at Franklin Pierce University are Female Assistant professors (25), Male Associate professors(16), and Male Professors (13).

The most common positions for non-instructional staff at Franklin Pierce University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 42 employees, Management, with 36 employees, and Office and Administrative Support with 29 employees.

Finances

Endowment

$14.6M
2019 Endowment
10.7%
growth from 2018

Franklin Pierce University has an endowment valued at about $14.6M, as of the end of the 2019 fiscal year. The endowment of Franklin Pierce University grew 10.7% from the previous year. The value of their endowment was $23.9M 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 Franklin Pierce 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: Medium Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $306k - Federal
  2. $211k - State
  3. $0 - Local

As of 2019, Franklin Pierce University received $306k in grants and contracts from the federal government, $211k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$19.9M
2019 Salaries
2.71%
growth from 2018

In 2019, Franklin Pierce University paid a median of $19.9M in salaries, which represents 38.3% of their overall expenditure ($51.9M) and a 2.71% growth from the previous year. This is compared to a 0.0858% growth from 2017 and a 4.15% growth from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

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Instructional Salaries

$6.44M
Instructional Salaries
89
Number of Employees

In 2019, Franklin Pierce University paid a total of $6.44M to 89 employees working as instructors, which represents 32.4% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
38 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
42 Employees

In 2019, the most common positions for instructional staff at Franklin Pierce University were Assistant professor with 38 employees; Associate professor with 27 employees; and Associate professor with 19 employees.

In 2019, the most common positions for non-instructional staff at Franklin Pierce University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 42 employees; Management with 36 employees; and Office and Administrative Support with 29 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Franklin Pierce University was Female Assistant professor with 25 employees, Male Associate professor with 16 employees, and Male Professor with 13 employees.

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

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