Furman University

www.furman.edu

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2023 Undergraduate Tuition

$57,902

4.53% growth from 2022

2023 Average Net Price

$32,901

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

52.6%

8,406 Applicants

2023 Enrolled Students

2,505

96.3% Full-Time

2023 Graduation Rate

81.5%

568 Graduates

About

Furman University is a higher education institution located in Greenville County, SC. In 2023, the most popular Bachelors Degree concentrations at Furman University were General Political Science & Government (58 degrees awarded), Kinesiology & Exercise Science (55 degrees), and Speech Communication & Rhetoric (47 degrees).

In 2023, 746 degrees were awarded across all undergraduate and graduate programs at Furman University. 69.2% of these degrees were awarded to women, and 30.8% awarded men. The most common race/ethnicity group of degree recipients was white (590 degrees), 13.4 times more than then the next closest race/ethnicity group, black or african american (44 degrees).

The median undergraduate tuition at Furman University is $57,902, which is $28,622 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Furman University was 0%, corresponding to 0 out of the 342 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Furman University is $57,902, which is $28,622 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $32,901.

In 2023, 97% of undergraduate students attending Furman University received financial aid through grants. Comparatively, 28% of undergraduate students received financial aid through loans.

Tuition Costs

$57,902

2023 Undergraduate Tuition

In 2023, the cost of tuition at Furman University was $57,902. The cost of tuition at Furman University is $28,622 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$32,901

2023 Value

1.41%

1 Year Growth

In 2023 Furman University had an average net price — the price paid after factoring in grants and loans — of $32,901. Between 2022 and 2023, the average net price of Furman University grew by 1.41%.

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.

Other Student Expenses

$15,148

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Furman University was of $15,148 in 2023. The cost of room and board increased by 10.6% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies increased by 23.5% during the same period.

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

Financial Aid by Income Level

97%

Undergraduates Receiving Financial Aid through Grants

28%

Undergraduates Receiving Financial Aid through Loans

97% of undergraduate students at Furman University received financial aid through grants or loans in 2023. This represents a growth of 1.04% with respect to 2022, 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.

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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Furman University was 0%, which represents 0 out of the 342 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

Furman University received 8,406 undergraduate applications in 2023, which represents a 11.9% annual growth. Out of those 8,406 applicants, 4,419 students were accepted for enrollment, representing a 52.6% acceptance rate.

There were 2,505 students enrolled at Furman University in 2023. 28% of first-time enrollees submitted SAT scores with their applications.

Furman University has an overall enrollment yield of 14%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

52.6%

Acceptance Rate in 2023

4,419

Accepted Out of 8,406

In 2023, the undergraduate acceptance rate of Furman University was 52.6% (4,419 admissions from 8,406 applications). This is lower than the acceptance rate of 2022, which was 67%. Between 2022 and 2023, the number of applicants grew by 11.9%, while admissions declined by 12.3%.

This chart compares the acceptance rate of Furman University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

28%

Submission Percentage (2023)

175

Scores Submitted (2023)

28% of enrolled first-time students at Furman University in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Furman University had a total enrollment of 2,505 students in 2023. The full-time enrollment at Furman University is 2,412 students and the part-time enrollment is 93. This means that 96.3% of students enrolled at Furman University are enrolled full-time.

The enrolled student population at Furman University, both undergraduate and graduate, is 73.2% White, 7.31% Black or African American, 6.79% Hispanic or Latino, 3.83% Two or More Races, 3.19% Asian, 0.24% American Indian or Alaska Native, and 0.0798% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Furman University in full-time Undergraduate programs are most commonly White Female (43.5%), followed by White Male (31.3%) and Hispanic or Latino Female (4.36%). Students enrolled in full-time Graduate programs are most commonly White Female (55.4%), followed by White Male (18.5%) and Black or African American Female (9.87%).

Full-Time vs Part-Time Enrollment

96.3%

Full-Time Enrollment

The total enrollment at Furman University in 2023, both undergraduate and graduate, is 2,505 students. The full-time enrollment at Furman University is 2,412 and the part-time enrollment is 93. This means that 96.3% of students enrolled at Furman University are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

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

Retention Rate over Time

91%

2023 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 91%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,834 enrolled students
Black or African American
183 enrolled students
Hispanic or Latino
170 enrolled students

The enrolled student population at Furman University is 73.2% White, 7.31% Black or African American, 6.79% Hispanic or Latino, 3.83% Two or More Races, 3.19% Asian, 0.24% American Indian or Alaska Native, and 0.0798% 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 53.2% White, 14.1% 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, 18 students (0.719%) did not report their race.

Graduates

In 2023, 286 more women than men received degrees from Furman University. The most common race/ethnicity group of degree recipients at Furman University is white (590 degrees awarded). There were 13.4 times more white recipients than the next closest race/ethnicity group, black or african american (44 degrees).

The most common Bachelor's Degree concentration at Furman University is General Political Science & Government (58 degrees awarded), followed by Kinesiology & Exercise Science (55 degrees) and Speech Communication & Rhetoric (47 degrees).

In 2023, 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 (29 degrees awarded), Language & Linguistics (42 degrees), and Cultural & Gender Studies (19 degrees).

Common Jobs by Major

Postsecondary teachers

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 (131,196 people), Other managers (122,221 people), Elementary & middle school teachers (91,579 people), Physicians (89,451 people), and Secondary school teachers (83,318 people).

The most specialized majors at Furman University in 2023 are Philosophy and Religious Studies (29 degrees awarded), Language & Linguistics (42 degrees), Cultural & Gender Studies (19 degrees), Physical Sciences (38 degrees), and Parks, Recreation, & Leisure (55 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

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 Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at Furman University are Philosophy and Religious Studies (29 degrees awarded), Language & Linguistics (42 degrees), Cultural & Gender Studies (19 degrees), Physical Sciences (38 degrees), and Parks, Recreation, & Leisure (55 degrees) (as of 2023).

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 Furman University are Elementary & secondary schools (360,223 people), Colleges, universities & professional schools, including junior colleges (311,083 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (174,272 people), Computer Systems Design (125,258 people), and Legal services (120,586 people).

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 (2023)

General Political Science & Government
58 degrees awarded
Kinesiology & Exercise Science
55 degrees awarded
Speech Communication & Rhetoric
47 degrees awarded

In 2023, the most common bachelors degree concentration at Furman University was General Political Science & Government with 58 degrees awarded.

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

Sex Breakdown for Common Majors

230

Degrees Awarded to Men

in 2023

516

Degrees Awarded to Women

in 2023

In 2023, 230 degrees were awarded to men at Furman University, which is 0.446 times less than the number of degrees awarded to females (516).

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

Most Common Male Majors

In 2023, 31 degrees were awarded to men at Furman University in General Business Administration & Management, which is 2.21 times more than the 14 female recipients with that same degree.

Most Common Female Majors

In 2023, 39 degrees were awarded to men at Furman University in General Political Science & Government, which is 2.05 times more than the 19 male recipients with that same degree.

Time to Complete

75%

100% Completion Time

81%

150% Completion Time

In 2023, 75% 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 82% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Furman University is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 0.88% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
590 degrees awarded
Black or African American
44 degrees awarded
Hispanic or Latino
42 degrees awarded

The most common race/ethnicity at Furman University is white (590 degrees awarded). There were 13.4 times more white recipients than the next closest race/ethnicity group, black or african american (44 degrees).

1.07% of degree recipients (8 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
413 degrees awarded
White Male
177 degrees awarded
Hispanic or Latino Female
34 degrees awarded

The most common race/ethnicity and sex grouping at Furman University is white female (413 degrees awarded). There were 2.33 times more white female recipients than the next closest race/ethnicity group, white male (177 degrees).

Operations

Furman University has an endowment valued at nearly $787M, as of the end of the 2023 fiscal year. The return on its endowment was of 5.04M (0.64%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Furman University had a total salary expenditure of 180M. Furman University employs 117 Professors, 70 Associate professors and 57 Assistant professors. Most academics at Furman University are Male Professor (77), Female Professor (40), and Male Associate professor (37).

The most common positions for non-instructional staff at Furman University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 130 employees, Management, with 113 employees, and Service with 110 employees.

Endowment

$787M

2023 Endowment

3.05%

decline from 2022

Furman University has an endowment valued at about $787M, as of the end of the 2023 fiscal year. The endowment of Furman University declined 3.05% from the previous year. The value of their endowment was $736M 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.

Government Grants and Contracts

Grants & Contracts

$3.74M - Federal
$43.9k - State
$46.8k - Local

As of 2023, Furman University received $3.74M in grants and contracts from the federal government, $43.9k from state grants and contracts, and $46.8k from local grants and contracts.

Salary Expenditure

$65.7M

2023 Salaries

4.78%

growth from 2022

In 2023, Furman University paid a median of $65.7M in salaries, which represents 36.6% of their overall expenditure ($180M) and a 4.78% growth from the previous year. This is compared to a 2.59% growth between 2021 and 2022, and a 4.7% decline between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$25.3M

Instructional Salaries

270

Number of Employees

In 2023, Furman University paid a total of $25.3M to 270 employees working as instructors, which represents 38.5% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

117 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

130 Employees

In 2023, the most common positions for instructional staff at Furman University were Professor with 117 employees, Associate professor with 70 employees, and Assistant professor with 57 employees.

In 2023, the most common positions for non-instructional staff at Furman University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 130 employees, Management with 113 employees, and Service with 110 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Professor
Male Associate professor

In 2023, the most common demographic for instructional staff at Furman University was Male Professor with 77 employees, Female Professor with 40 employees, and Male Associate professor with 37 employees.

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

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