Furman University

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2019 Undergraduate Tuition
$50,464
2.67% growth from 2018
2019 Average Net Price
$35,621
After Financial Aid
2017 Student Loan
2.69%
Default Rate
2019 Acceptance Rate
56.8%
5,258 Applicants
2019 Enrolled Students
2,828
94.1% Full-Time
2018 Graduation Rate
80.4%
557 Graduates

About

Furman University is a higher education institution located in Greenville County, SC. In 2016, the most popular Bachelor's Degree concentrations at Furman University were General Business Administration & Management (79 degrees awarded), Speech Communication & Rhetoric (65 degrees), and General Political Science & Government (60 degrees).

In 2019, 812 degrees were awarded across all undergraduate and graduate programs at Furman University. 60.2% of these degrees were awarded to women, and 39.8% awarded men. The most common race/ethnicity group of degree recipients was white (614 degrees), 12.3 times more than then the next closest race/ethnicity group, black or african american (50 degrees).

The median undergraduate tuition at Furman University is $50,464, which is $23,184 more than the national average for Baccalaureate Colleges ($27,280).

Costs

The median undergraduate tuition at Furman University is $50,464, which is $23,184 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $35,621.

In 2019, 94% of undergraduate students received federal grants, while 31% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$50,464
2019 Undergraduate Tuition

In 2019, the cost of tuition at Furman University was $50,464. The cost of tuition at Furman University is $23,184 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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Average Net Price

$35,621
2019 Value
8.77%
1 Year Growth

In 2019 Furman University had an average net price — the price paid after factoring in grants and loans — of $35,621. Between 2018 and 2019, the average net price of Furman University grew by 8.77%.

This chart compares the average net price of Furman 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

$13,438
Room and Board
$810
Books and Supplies

The average yearly cost of room and board at Furman University was of $13,438 in 2019. During the same period, the average yearly cost of books and supplies was $810. The cost of room and board increased by 10.5% between 2018 and 2019. The cost of books and supplies decreased by 34.1% during the same period.

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Financial Aid

Financial Aid by Income Level

94%
Of Undergraduates Receive Grants
31%
Of Undergraduates Receive Federal Loans

94% of undergraduate students at Furman University received grants or loans in 2019. This represents a decline of 2.08% with respect to 2018, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Furman 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.
2.69%
2017 Default Rate
9
Number of Defaults

In 2017 the default rate for borrower's at Furman University was 2.69%, which represents 9 out of the 334 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

Furman University received 5,258 undergraduate applications in 2019, which represents a 3.86% annual decline. Out of those 5,258 applicants, 2,987 students were accepted for enrollment, representing a 56.8% acceptance rate.

There were 2,828 students enrolled at Furman University in 2019, and 41% of first-time enrollees submitted SAT scores with their applications.

Furman University has an overall enrollment yield of 21.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

56.8%
Acceptance Rate in 2019
2,987
Accepted Out of 5,258

In 2019, the undergraduate acceptance rate of Furman University was 56.8% (2,987 admissions from 5,258 applications). This is lower than the acceptance rate of 2018, which was 61.1%. Between 2018 and 2019, the number of applicants declined by −3.86%, while admissions declined by −10.5%.

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SAT Scores

41%
Submission Percentage
267
Scores Submitted

41% of enrolled first-time students at Furman 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

Furman University has a total enrollment of 2,828 students. The full-time enrollment at Furman University is 2,661 students and the part-time enrollment is 167. This means that 94.1% of students enrolled at Furman University are enrolled full-time.

The enrolled student population at Furman University, both undergraduate and graduate, is 79.1% White, 6.33% Black or African American, 5.13% Hispanic or Latino, 2.93% Two or More Races, 2.55% Asian, 0.248% American Indian or Alaska Native, and 0.0707% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Furman University in full-time Undergraduate programs are most commonly White Female (49.2%), followed by White Male (30.3%) and Black or African American Female (3.27%). Students enrolled in full-time Graduate programs are most commonly White Female (60.3%), followed by White Male (13.8%) and Black or African American Female (6.9%).

Full-Time vs Part-Time Enrollment

94.1%
Full-Time Enrollment

The total enrollment at Furman University, both undergraduate and graduate, is 2,828 students. The full-time enrollment at Furman University is 2,661 and the part-time enrollment is 167. This means that 94.1% of students enrolled at Furman University are enrolled full-time compared with 81.1% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

89%
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 Furman University was 89%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Furman University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    2,238
  2. Black or African American
    179
  3. Hispanic or Latino
    145

The enrolled student population at Furman University is 79.1% White, 6.33% Black or African American, 5.13% Hispanic or Latino, 2.93% Two or More Races, 2.55% Asian, 0.248% American Indian or Alaska Native, and 0.0707% 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 55% White, 14% Black or African American, and 13.1% 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, 32 students (1.13%) did not report their race.

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Graduates

In 2019, 166 more women than men received degrees from Furman University. The most common race/ethnicity group of degree recipients at Furman University is white (614 degrees awarded). There were 12.3 times more white graduates than the next closest race/ethnicity group, black or african american (50 degrees).

The most common Bachelor's Degree concentration at Furman University is General Business Administration & Management (79 degrees awarded), followed by Speech Communication & Rhetoric (65 degrees) and General Political Science & Government (60 degrees).

The most specialized majors across all degree types at Furman University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (35 degrees awarded), Cultural & Gender Studies (20 degrees), and Language & Linguistics (34 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 Furman University are Postsecondary teachers (159,210 people), Lawyers, & judges, magistrates, & other judicial workers (155,653 people), Other managers (129,987 people), Secondary school teachers (106,434 people), and Elementary & middle school teachers (105,775 people).

The most specialized majors at Furman University are Philosophy and Religious Studies (35 degrees awarded), Cultural & Gender Studies (20 degrees), Language & Linguistics (34 degrees), Physical Sciences (45 degrees), and History (22 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 Furman University are Surgeons, Securities, commodities, & financial services sales agents, Agents & business managers of artists, performers, & athletes, Dentists, and Physicians

The most specialized majors at Furman University are Philosophy and Religious Studies (35 degrees awarded), Cultural & Gender Studies (20 degrees), Language & Linguistics (34 degrees), Physical Sciences (45 degrees), and History (22 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 Furman University are Elementary & secondary schools (292,730 people), Colleges, universities & professional schools, including junior colleges (290,684 people), Legal services (116,346 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (111,597 people), and Computer Systems Design (106,907 people).

The most specialized majors at Furman University are Philosophy and Religious Studies (35 degrees awarded), Cultural & Gender Studies (20 degrees), Language & Linguistics (34 degrees), Physical Sciences (45 degrees), and History (22 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 Furman University.
Most Common
  1. 79 degree-majorss awarded
  2. 65 degree-majorss awarded
  3. 60 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Furman University was General Business Administration & Management with 79 degrees awarded.

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

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Gender Breakdown for Common Majors

323
Degrees Awarded to Men
in 2019
489
Degrees Awarded to Women
in 2019

In 2019, 323 degrees were awarded to men at Furman University, which is 0.661 times less than the number of degrees awarded to females (489).

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

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Most Common Male Majors

In 2019, 52 degrees were awarded to men at Furman University in General Business Administration & Management, which is 1.93 times more than the 27 female recipients with that same degree.

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Most Common Female Majors

In 2019, 48 degrees were awarded to women at Furman University in Speech Communication & Rhetoric, which is 2.82 times more than the 17 male recipients with that same degree.

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Time to Complete

73%
100% Completion Time
81%
150% Completion Time

In 2019, 73% of students graduating from Furman University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 81% completed their degrees within 150% of the normal time, and 81% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Furman University is Female and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, 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, 1.26% of graduates (7 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    614 degrees awarded
  2. Black or African American
    50 degrees awarded
  3. Hispanic or Latino
    43 degrees awarded

The most common race/ethnicity at Furman University is white (614 degrees awarded). There were 12.3 times more white recipients than the next closest race/ethnicity group, black or african american (50 degrees).

2.09% of degree recipients (17 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    382 degrees awarded
  2. White Male
    232 degrees awarded
  3. Hispanic or Latino Female
    28 degrees awarded

The most common race/ethnicity and gender grouping at Furman University is white female (382 degrees awarded). There were 1.65 times more white female recipients than the next closest race/ethnicity group, white male (232 degrees).

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Operations

Furman University has an endowment valued at nearly $694M, as of the end of the 2019 fiscal year. The return on its endowment was of $15.8M (2.28%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Furman University had a total salary expenditure of $166M. Furman University employs 109 Professors, 70 Associate professors, and 68 Assistant professors. Most academics at Furman University are Male Professors (76), Female Assistant professors(39), and Male Associate professors (37).

The most common positions for non-instructional staff at Furman University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 138 employees, Service, with 124 employees, and Office and Administrative Support with 105 employees.

Finances

Endowment

$694M
2019 Endowment
1.22%
decline from 2018

Furman University has an endowment valued at about $694M, as of the end of the 2019 fiscal year. The endowment of Furman University declined 1.22% from the previous year. The value of their endowment was $654M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Furman 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: Arts & Sciences Focus Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $2.51M - Federal
  2. $0 - State
  3. $0 - Local

As of 2019, Furman University received $2.51M 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

Salary Expenditure

$62.4M
2019 Salaries
3.78%
growth from 2018

In 2019, Furman University paid a median of $62.4M in salaries, which represents 37.5% of their overall expenditure ($166M) and a 3.78% growth from the previous year. This is compared to a 6.02% growth from 2017 and a 6.74% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

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Instructional Salaries

$23.8M
Instructional Salaries
270
Number of Employees

In 2019, Furman University paid a total of $23.8M to 270 employees working as instructors, which represents 38.1% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
109 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
138 Employees

In 2019, the most common positions for instructional staff at Furman University were Professor with 109 employees; Associate professor with 70 employees; and Associate professor with 68 employees.

In 2019, the most common positions for non-instructional staff at Furman University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 138 employees; Service with 124 employees; and Office and Administrative Support with 105 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Furman University was Male Professor with 76 employees, Female Assistant professor with 39 employees, and Male Associate professor with 37 employees.

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

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