Friends University

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2016 Undergraduate Tuition

$26,550

5.99% growth from 2015

2016 Average Net Price

$19,644

After Financial Aid

2015 Student Loan

8.09%

Default Rate

2016 Acceptance Rate

55%

749 Applicants

2016 Enrolled Students

1,676

65.9% Full-Time

2016 Graduation Rate

38.9%

68 Graduates

About

Friends University is a higher education institution located in Sedgwick County, KS. In 2016, the most popular Bachelor's Degree concentrations at Friends University were General Business Administration & Management (71 degrees awarded), Organizational Leadership (45 degrees), and Accounting (27 degrees).

In 2016, 641 degrees were awarded across all undergraduate and graduate programs at Friends University. 65.1% of these degrees were awarded to women, and 34.9% awarded men. The majority of degree recipients were white (437 degrees), 8.09 times more than then the next closest race/ethnicity group, unknown (54 degrees).

The median undergraduate tuition at Friends University is $26,550, which is $6,390 more than the national average for Masters Colleges and Universities ($20,160).

Costs

The median undergraduate tuition at Friends University is $26,550, which is $6,390 more 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 $19,644.

In 2016, 82% of undergraduate students received federal grants, while 64% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$26,550

2016 Undergraduate Tuition

In 2016, the cost of tuition at Friends University was $26,550. The cost of tuition at Friends University is $6,390 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

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

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Average Net Price

$19,644

2016 Value

5.26%

1 Year Growth

In 2016 Friends University had an average net price — the price paid after factoring in grants and loans — of $19,644. Between 2015 and 2016, the average net price of Friends University grew by 5.26%.

This chart compares the average net price of Friends 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

$7,320

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Friends University was of $7,320 in 2016. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 3.98% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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

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Financial Aid

Financial Aid by Income Level

82%

Of Undergraduates Receive Grants

64%

Of Undergraduates Receive Federal Loans

82% of undergraduate students at Friends University received grants or loans in 2016. This represents a decline of 5.75% with respect to 2015, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at Friends 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.

8.09%

2015 Default Rate

72

Number of Defaults

In 2015 the default rate for borrower's at Friends University was 8.09%, which represents 72 out of the 890 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

Friends University received 749 undergraduate applications in 2016, which represents a 2.6% annual growth. Out of those 749 applicants, 412 students were accepted for enrollment, representing a 55% acceptance rate.

There were 1,676 students enrolled at Friends University in 2016, and 9% of first-time enrollees submitted SAT scores with their applications.

Friends University has an overall enrollment yield of 40%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

55%

Acceptance Rate in 2016

412

Accepted Out of 749

In 2016, the undergraduate acceptance rate of Friends University was 55% (412 admissions from 749 applications). This is lower than the acceptance rate of 2015, which was 58.5%. Between 2015 and 2016, the number of applicants grew by 2.6%, while admissions declined by -3.51%.

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

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SAT Scores

9%

Submission Percentage

15

Scores Submitted

9% of enrolled first-time students at Friends 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

Friends University has a total enrollment of 1,676 students. The full-time enrollment at Friends University is 1,105 students and the part-time enrollment is 571. This means that 65.9% of students enrolled at Friends University are enrolled full-time.

The enrolled student population at Friends University, both undergraduate and graduate, is 63.9% White, 12.6% Black or African American, 5.85% Two or More Races, 5.25% Hispanic or Latino, 1.91% Asian, 1.85% American Indian or Alaska Native, and 0.179% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Friends University in full-time Undergraduate programs are majority White Female (36.6%), followed by White Male (28.2%) and Black or African American Male (6.85%). Students enrolled in full-time Graduate programs are majority White Female (50.3%), followed by White Male (11.9%) and Black or African American Female (7.57%).

Full-Time vs Part-Time Enrollment

65.9%

Full-Time Enrollment

The total enrollment at Friends University, both undergraduate and graduate, is 1,676 students. The full-time enrollment at Friends University is 1,105 and the part-time enrollment is 571. This means that 65.9% of students enrolled at Friends 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 Friends University (in red) compares to similar universities.

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Retention Rate over Time

63%

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 Friends University was 63%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Friends University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,071

  2. Black or African American

    211

  3. Two or More Races

    98

The enrolled student population at Friends University is 63.9% White, 12.6% Black or African American, 5.85% Two or More Races, 5.25% Hispanic or Latino, 1.91% Asian, 1.85% American Indian or Alaska Native, and 0.179% 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, 139 students (8.29%) did not report their race.

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Graduates

In 2016, 193 more women than men received degrees from Friends University. The majority of degree recipients at Friends University are white (437 degrees awarded). There were 8.09 times more white graduates than the next closest race/ethnicity group, unknown (54 degrees).

The most common Bachelor's Degree concentration at Friends University is General Business Administration & Management (71 degrees awarded), followed by Organizational Leadership (45 degrees) and Accounting (27 degrees).

The most specialized majors across all degree types at Friends University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (331 degrees awarded), Computer and Information Sciences and Support Services (43 degrees), and Theology (6 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 Friends University are Accountants & auditors (1,097,400 people), Miscellaneous managers (843,597 people), Software developers, applications & systems software (528,118 people), Financial managers (434,432 people), and Chief executives & legislators (348,453 people).

The most specialized majors at Friends University are Business (331 degrees awarded), Computer and Information Sciences and Support Services (43 degrees), Theology (6 degrees), Philosophy and Religious Studies (3 degrees), and Visual & Performing Arts (25 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 Friends University are Physicians & surgeons, Aircraft pilots & flight engineers, Dentists, Securities, commodities, & financial services sales agents, and Dental hygienists

The most specialized majors at Friends University are Business (331 degrees awarded), Computer and Information Sciences and Support Services (43 degrees), Theology (6 degrees), Philosophy and Religious Studies (3 degrees), and Visual & Performing Arts (25 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 Friends University are Computer Systems Design (902,226 people), Elementary & secondary schools (627,232 people), Insurance carriers & related activities (599,812 people), Banking & related activities (539,642 people), and Colleges, universities & professional schools, including junior colleges (492,328 people).

The most specialized majors at Friends University are Business (331 degrees awarded), Computer and Information Sciences and Support Services (43 degrees), Theology (6 degrees), Philosophy and Religious Studies (3 degrees), and Visual & Performing Arts (25 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 Friends University.

Most Common

  1. 71 degrees awarded

  2. 45 degrees awarded

  3. 27 degrees awarded

In 2016, the most common bachelors degree concentration at Friends University was General Business Administration & Management with 71 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 224

  2. 417

In 2016, 224 degrees were awarded to men at Friends University, which is 0.537 times less than the number of degrees awarded to females (417).

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

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Most Common Male Majors

In 2016, 66 degrees were awarded to men at Friends University in General Business Administration & Management, which is 0.564 times less than the 117 female recipients with that same degree.

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Most Common Female Majors

In 2016, 117 degrees were awarded to women at Friends University in General Business Administration & Management, which is 1.77 times more than the 66 male recipients with that same degree.

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Time to Complete

14%

100% Completion Time

34%

150% Completion Time

In 2016, 14% of students graduating from Friends University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 34% completed their degrees within 150% of the normal time, and 37% 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Friends University is Female 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, 7.35% of graduates (5 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    437 degrees awarded

  2. Unknown

    54 degrees awarded

  3. Black or African American

    53 degrees awarded

The most common race/ethnicity at Friends University is white (437 degrees awarded). There were 8.09 times more white recipients than the next closest race/ethnicity group, unknown (54 degrees).

8.42% of degree recipients (54 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    291 degrees awarded

  2. White Male

    146 degrees awarded

  3. Black or African American Female

    32 degrees awarded

The most common race/ethnicity and gender grouping at Friends University is white female (291 degrees awarded). There were 1.99 times more white female recipients than the next closest race/ethnicity group, white male (146 degrees).

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Operations

Friends University has an endowment valued at nearly $45.8M, as of the end of the 2015 fiscal year. The return on its endowment was of $-797k (-1.74%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Friends University had a total expenditure of $32.5M. Of that $32.5M, they spent $15.9M on salaries and $32.5M on benefits.

Friends University employs 26 Professors, 23 Assistant professors, and 10 Associate professors. Most academics at Friends University are Male Professors (17), Female Assistant professors(13), and Male Assistant professors (10).

The most common positions for non-instructional staff at Friends University are: Office and Administrative Support, with 39 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 28 employees, and Management with 27 employees.

Finances

Endowment

$45.8M

2015 Endowment

5.09%

decline from 2014

Friends University has an endowment valued at about $45.8M, as of the end of the 2015 fiscal year. The endowment of Friends University declined 5.09% from the previous year. The value of their endowment was $16.9M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Friends 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: Larger Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $147k - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Friends University received $147k 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.

$15.9M

Salary Expenditure

$32.5M

Benefits Expenditure

In 2015, Friends University had a total expenditure of $32.5M. Of that $32.5M, they spent $15.9M on salaries and $32.5M on benefits.

The bar chart shows the share of the primary expenses at Friends 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 Friends University as a share of total expenditure.

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Salary Expenditure

$15.9M

2015 Salaries

10.5%

decline from 2014

In 2015, Friends University paid a median of $15.9M in salaries, which represents 48.8% of their overall expenditure ($32.5M) and a 10.5% decline from the previous year. This is compared to a 2.8% growth from 2013 and a 2.78% decline from 2012.

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

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Instructional Salaries

$4.05M

Instructional Salaries

67

Number of Employees

In 2015, Friends University paid a total of $4.05M to 67 employees working as instructors, which represents 25.5% 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

26 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

39 Employees

In 2016, the most common positions for instructional staff at Friends University were Professor with 26 employees; Assistant professor with 23 employees; and Assistant professor with 10 employees.

In 2016, the most common positions for non-instructional staff at Friends University were Office and Administrative Support with 39 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 28 employees; and Management with 27 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Assistant professor

  3. Male Assistant professor

In 2016, the most common demographic for instructional staff at Friends University was Male Professor with 17 employees, Female Assistant professor with 13 employees, and Male Assistant professor with 10 employees.

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

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