Furman University

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2016 Undergraduate Tuition

$46,784

2.52% growth from 2015

2016 Average Net Price

$31,050

After Financial Aid

2015 Student Loan

3.41%

Default Rate

2016 Acceptance Rate

67.8%

5,232 Applicants

2016 Enrolled Students

3,003

92% Full-Time

2016 Graduation Rate

84%

576 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 (93 degrees awarded), Other Health Professions & Related Clinical Sciences (77 degrees), and General Political Science & Government (74 degrees).

In 2016, 799 degrees were awarded across all undergraduate and graduate programs at Furman University. 59.1% of these degrees were awarded to women, and 40.9% awarded men. The majority of degree recipients were white (625 degrees), 16 times more than then the next closest race/ethnicity group, black or african american (39 degrees).

The median undergraduate tuition at Furman University is $46,784, which is $22,369 more than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Furman University is $46,784, which is $22,369 more than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $31,050.

In 2016, 90% of undergraduate students received federal grants, while 30% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$46,784

2016 Undergraduate Tuition

In 2016, the cost of tuition at Furman University was $46,784. The cost of tuition at Furman University is $22,369 more than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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

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Average Net Price

$31,050

2016 Value

0.0386%

1 Year Growth

In 2016 Furman University had an average net price — the price paid after factoring in grants and loans — of $31,050. Between 2015 and 2016, the average net price of Furman University grew by 0.0386%.

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

$11,522

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Furman University was of $11,522 in 2016. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 2.84% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

90%

Of Undergraduates Receive Grants

30%

Of Undergraduates Receive Federal Loans

90% of undergraduate students at Furman University received grants or loans in 2016. This represents a growth of 1.12% with respect to 2015, when 89% 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.

3.41%

2015 Default Rate

14

Number of Defaults

In 2015 the default rate for borrower's at Furman University was 3.41%, which represents 14 out of the 411 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 5,232 undergraduate applications in 2016, which represents a 1.73% annual growth. Out of those 5,232 applicants, 3,545 students were accepted for enrollment, representing a 67.8% acceptance rate.

There were 3,003 students enrolled at Furman University in 2016, and N/A% of first-time enrollees submitted SAT scores with their applications.

Furman University has an overall enrollment yield of 21.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

67.8%

Acceptance Rate in 2016

3,545

Accepted Out of 5,232

In 2016, the undergraduate acceptance rate of Furman University was 67.8% (3,545 admissions from 5,232 applications). This is higher than the acceptance rate of 2015, which was 63.5%. Between 2015 and 2016, the number of applicants grew by 1.73%, while admissions grew by 8.48%.

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

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Furman 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

Furman University has a total enrollment of 3,003 students. The full-time enrollment at Furman University is 2,764 students and the part-time enrollment is 239. This means that 92% of students enrolled at Furman University are enrolled full-time.

The enrolled student population at Furman University, both undergraduate and graduate, is 78.4% White, 5.76% Black or African American, 4.63% Hispanic or Latino, 2.46% Two or More Races, 1.5% Asian, 0.167% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Furman University in full-time Undergraduate programs are majority White Female (47.4%), followed by White Male (31.1%) and Black or African American Male (2.82%). Students enrolled in full-time Graduate programs are majority White Female (65.7%), followed by White Male (19.4%) and Hispanic or Latino Male (4.48%).

Full-Time vs Part-Time Enrollment

92%

Full-Time Enrollment

The total enrollment at Furman University, both undergraduate and graduate, is 3,003 students. The full-time enrollment at Furman University is 2,764 and the part-time enrollment is 239. This means that 92% of students enrolled at Furman University are enrolled full-time compared with 81% 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

83%

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 Furman University was 83%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    2,353

  2. Black or African American

    173

  3. Hispanic or Latino

    139

The enrolled student population at Furman University is 78.4% White, 5.76% Black or African American, 4.63% Hispanic or Latino, 2.46% Two or More Races, 1.5% Asian, 0.167% American Indian or Alaska Native, and 0% 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 55.6% White, 14% Black or African American, and 12.4% 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, 82 students (2.73%) did not report their race.

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Graduates

In 2016, 145 more women than men received degrees from Furman University. The majority of degree recipients at Furman University are white (625 degrees awarded). There were 16 times more white graduates than the next closest race/ethnicity group, black or african american (39 degrees).

The most common Bachelor's Degree concentration at Furman University is General Business Administration & Management (93 degrees awarded), followed by Other Health Professions & Related Clinical Sciences (77 degrees) and General Political Science & Government (74 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 (44 degrees awarded), Cultural & Gender Studies (20 degrees), and Language & Linguistics (45 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 (163,793 people), Elementary & middle school teachers (154,415 people), Miscellaneous managers (148,766 people), Lawyers, & judges, magistrates, & other judicial workers (138,753 people), and Physicians & surgeons (90,482 people).

The most specialized majors at Furman University are Philosophy and Religious Studies (44 degrees awarded), Cultural & Gender Studies (20 degrees), Language & Linguistics (45 degrees), History (35 degrees), and Physical Sciences (41 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 Physicians & surgeons, Real estate brokers & sales agents, Chief executives & legislators, Securities, commodities, & financial services sales agents, and Credit counselors & loan officers

The most specialized majors at Furman University are Philosophy and Religious Studies (44 degrees awarded), Cultural & Gender Studies (20 degrees), Language & Linguistics (45 degrees), History (35 degrees), and Physical Sciences (41 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 Furman University are Colleges, universities & professional schools, including junior colleges (286,081 people), Elementary & secondary schools (280,469 people), Hospitals (123,901 people), Legal services (115,024 people), and Computer Systems Design (90,536 people).

The most specialized majors at Furman University are Philosophy and Religious Studies (44 degrees awarded), Cultural & Gender Studies (20 degrees), Language & Linguistics (45 degrees), History (35 degrees), and Physical Sciences (41 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.

In 2016, the most common bachelors degree concentration at Furman University was General Business Administration & Management with 93 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 327

  2. 472

In 2016, 327 degrees were awarded to men at Furman University, which is 0.693 times less than the number of degrees awarded to females (472).

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 2016, 53 degrees were awarded to men at Furman University in General Business Administration & Management, which is 1.32 times more than the 40 female recipients with that same degree.

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Most Common Female Majors

In 2016, 53 degrees were awarded to women at Furman University in Other Health Professions & Related Clinical Sciences, which is 2.21 times more than the 24 male recipients with that same degree.

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Time to Complete

80%

100% Completion Time

84%

150% Completion Time

In 2016, 80% of students graduating from Furman University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 84% completed their degrees within 150% of the normal time, and 84% 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.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Furman University is Male and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, 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, 0.174% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    625 degrees awarded

  2. Black or African American

    39 degrees awarded

  3. Hispanic or Latino

    36 degrees awarded

The most common race/ethnicity at Furman University is white (625 degrees awarded). There were 16 times more white recipients than the next closest race/ethnicity group, black or african american (39 degrees).

1.63% of degree recipients (13 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    373 degrees awarded

  2. White Male

    252 degrees awarded

  3. Black or African American Female

    20 degrees awarded

The most common race/ethnicity and gender grouping at Furman University is white female (373 degrees awarded). There were 1.48 times more white female recipients than the next closest race/ethnicity group, white male (252 degrees).

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Operations

Furman University has an endowment valued at nearly $631M, as of the end of the 2015 fiscal year. The return on its endowment was of $4.74M (0.751%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Furman University had a total expenditure of $141M. Of that $141M, they spent $54.8M on salaries and $141M on benefits.

Furman University employs 114 Professors, 69 Associate professors, and 52 Assistant professors. Most academics at Furman University are Male Professors (85), Male Associate professors(42), and Female Professors (29).

The most common positions for non-instructional staff at Furman University are: Service, with 111 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 103 employees, and Office and Administrative Support with 102 employees.

Finances

Endowment

$631M

2015 Endowment

2.87%

decline from 2014

Furman University has an endowment valued at about $631M, as of the end of the 2015 fiscal year. The endowment of Furman University declined 2.87% from the previous year. The value of their endowment was $598M 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. $2.29M - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Furman University received $2.29M 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.

$54.8M

Salary Expenditure

$141M

Benefits Expenditure

In 2015, Furman University had a total expenditure of $141M. Of that $141M, they spent $54.8M on salaries and $141M on benefits.

The bar chart shows the share of the primary expenses at Furman University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Furman University as a share of total expenditure.

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Salary Expenditure

$54.8M

2015 Salaries

2.89%

decline from 2014

In 2015, Furman University paid a median of $54.8M in salaries, which represents 39% of their overall expenditure ($141M) and a 2.89% decline from the previous year. This is compared to a 1.18% growth from 2013 and a 2.99% growth from 2012.

The median for similar Baccalaureate Colleges is 13.3M (38.4% of overall expenditures).

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Instructional Salaries

$19.6M

Instructional Salaries

232

Number of Employees

In 2015, Furman University paid a total of $19.6M to 232 employees working as instructors, which represents 35.7% of all salaries paid.

This is compared to a median of $4.52M (34%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

114 Employees

Service

Most Common Non-Instructional Employee

111 Employees

In 2016, the most common positions for instructional staff at Furman University were Professor with 114 employees; Associate professor with 69 employees; and Associate professor with 52 employees.

In 2016, the most common positions for non-instructional staff at Furman University were Service with 111 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 103 employees; and Office and Administrative Support with 102 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Female Professor

In 2016, the most common demographic for instructional staff at Furman University was Male Professor with 85 employees, Male Associate professor with 42 employees, and Female Professor with 29 employees.

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

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