Herzing University-Akron

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2017 Undergraduate Tuition

$13,000

3.5% growth from 2016

2017 Average Net Price

$22,446

After Financial Aid

2016 Student Loan

12.7%

Default Rate

2017 Acceptance Rate

86.6%

82 Applicants

2017 Enrolled Students

494

53.6% Full-Time

About

Herzing University-Akron is a higher education institution located in Summit County, OH. In 2016, the most popular Bachelor's Degree concentrations at Herzing University-Akron were Criminal Justice - Safety Studies (3 degrees awarded), General Business Administration & Management (3 degrees), and Accounting (3 degrees).

In 2017, 124 degrees were awarded across all undergraduate and graduate programs at Herzing University-Akron. 87.1% of these degrees were awarded to women, and 12.9% awarded men. The majority of degree recipients were white (72 degrees), 2.77 times more than then the next closest race/ethnicity group, unknown (26 degrees).

The median undergraduate tuition at Herzing University-Akron is $13,000, which is $110 more than the national average for Baccalaureate/Associates Colleges ($12,890).

Costs

The median undergraduate tuition at Herzing University-Akron is $13,000, which is $110 more than the national average for Baccalaureate/Associates Colleges ($12,890).

After taking grants and loans into account, the average net price for students is $22,446.

In 2017, 95% of undergraduate students received federal grants, while 93% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$13,000

2017 Undergraduate Tuition

In 2017, the cost of tuition at Herzing University-Akron was $13,000. The cost of tuition at Herzing University-Akron is $110 more than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($12,890).

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

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Average Net Price

$22,446

2017 Value

5.5%

1 Year Growth

In 2017 Herzing University-Akron had an average net price — the price paid after factoring in grants and loans — of $22,446. Between 2016 and 2017, the average net price of Herzing University-Akron grew by 5.5%.

This chart compares the average net price of Herzing University-Akron (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

$9,702

Room and Board

$N/A

Books and Supplies

The average yearly cost of room and board at Herzing University-Akron was of $9,702 in 2017. During the same period, the average yearly cost of books and supplies was $N/A. The cost of room and board increased by 0.279% between 2016 and 2017. The cost of books and supplies remained the same by NaNk% during the same period.

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Financial Aid

Financial Aid by Income Level

95%

Of Undergraduates Receive Grants

93%

Of Undergraduates Receive Federal Loans

95% of undergraduate students at Herzing University-Akron received grants or loans in 2017. This represents a decline of 1.04% with respect to 2016, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Herzing University-Akron (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.

12.7%

2016 Default Rate

657

Number of Defaults

In 2016 the default rate for borrower's at Herzing University-Akron was 12.7%, which represents 657 out of the 5163 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

Herzing University-Akron received 82 undergraduate applications in 2017, which represents a 1.23% annual growth. Out of those 82 applicants, 71 students were accepted for enrollment, representing a 86.6% acceptance rate.

There were 494 students enrolled at Herzing University-Akron in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Herzing University-Akron has an overall enrollment yield of 62%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

86.6%

Acceptance Rate in 2017

71

Accepted Out of 82

In 2017, the undergraduate acceptance rate of Herzing University-Akron was 86.6% (71 admissions from 82 applications). This is lower than the acceptance rate of 2016, which was 92.6%. Between 2016 and 2017, the number of applicants grew by 1.23%, while admissions declined by -5.33%.

This chart compares the acceptance rate of Herzing University-Akron (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 Herzing University-Akron in 2017 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

Herzing University-Akron has a total enrollment of 494 students. The full-time enrollment at Herzing University-Akron is 265 students and the part-time enrollment is 229. This means that 53.6% of students enrolled at Herzing University-Akron are enrolled full-time.

The enrolled student population at Herzing University-Akron, both undergraduate and graduate, is 44.5% White, 26.9% Black or African American, 2.63% Two or More Races, 2.02% Hispanic or Latino, 1.01% Asian, 0.202% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Herzing University-Akron in full-time Undergraduate programs are majority White Female (32.5%), followed by Black or African American Female (25.3%) and White Male (9.06%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

53.6%

Full-Time Enrollment

The total enrollment at Herzing University-Akron, both undergraduate and graduate, is 494 students. The full-time enrollment at Herzing University-Akron is 265 and the part-time enrollment is 229. This means that 53.6% of students enrolled at Herzing University-Akron are enrolled full-time compared with 45.4% at similar Baccalaureate/Associates Colleges.

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

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Retention Rate over Time

46%

2017 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 Herzing University-Akron was 46%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (64%), Herzing University-Akron had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    220

  2. Black or African American

    133

  3. Two or More Races

    13

The enrolled student population at Herzing University-Akron is 44.5% White, 26.9% Black or African American, 2.63% Two or More Races, 2.02% Hispanic or Latino, 1.01% Asian, 0.202% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate/Associates Colleges is 46.1% White, 24.4% Hispanic or Latino, and 14% Black or African American.

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Graduates

In 2017, 92 more women than men received degrees from Herzing University-Akron. The majority of degree recipients at Herzing University-Akron are white (72 degrees awarded). There were 2.77 times more white graduates than the next closest race/ethnicity group, unknown (26 degrees).

The most common Bachelor's Degree concentration at Herzing University-Akron is Criminal Justice - Safety Studies (3 degrees awarded), followed by General Business Administration & Management (3 degrees) and Accounting (3 degrees).

The most specialized majors across all degree types at Herzing University-Akron, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (89 degrees awarded), Business (25 degrees), and Protective Services (4 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 Herzing University-Akron are Registered nurses (1,389,856 people), Accountants & auditors (1,119,339 people), Other managers (744,440 people), Software developers (514,554 people), and Financial managers (442,953 people).

The most specialized majors at Herzing University-Akron are Health (89 degrees awarded), Business (25 degrees), Protective Services (4 degrees), Computer and Information Sciences and Support Services (5 degrees), and Legal (1 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Herzing University-Akron are Magnetic resonance imaging technologists, Public relations specialists, Surgeons, Physicians, and Podiatrists

The most specialized majors at Herzing University-Akron are Health (89 degrees awarded), Business (25 degrees), Protective Services (4 degrees), Computer and Information Sciences and Support Services (5 degrees), and Legal (1 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 Herzing University-Akron are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,758,644 people), Computer Systems Design (875,467 people), Elementary & secondary schools (722,209 people), Banking & related activities (555,211 people), and Colleges, universities & professional schools, including junior colleges (510,090 people).

The most specialized majors at Herzing University-Akron are Health (89 degrees awarded), Business (25 degrees), Protective Services (4 degrees), Computer and Information Sciences and Support Services (5 degrees), and Legal (1 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 Herzing University-Akron.

Most Common

  1. 3 degrees awarded

  2. 3 degrees awarded

  3. 3 degrees awarded

In 2017, the most common bachelors degree concentration at Herzing University-Akron was Criminal Justice - Safety Studies with 3 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 16

  2. 108

In 2017, 16 degrees were awarded to men at Herzing University-Akron, which is 0.148 times less than the number of degrees awarded to females (108).

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

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Most Common Male Majors

In 2017, 5 degrees were awarded to men at Herzing University-Akron in Registered Nursing, which is 0.167 times less than the 30 female recipients with that same degree.

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Most Common Female Majors

In 2017, 30 degrees were awarded to women at Herzing University-Akron in Registered Nursing, which is 6 times more than the 5 male recipients with that same degree.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

N/A

Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Herzing University-Akron is N/A and N/A (N/A% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (68.1%).

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, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    72 degrees awarded

  2. Unknown

    26 degrees awarded

  3. Black or African American

    19 degrees awarded

The most common race/ethnicity at Herzing University-Akron is white (72 degrees awarded). There were 2.77 times more white recipients than the next closest race/ethnicity group, unknown (26 degrees).

21% of degree recipients (26 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    66 degrees awarded

  2. Black or African American Female

    18 degrees awarded

  3. White Male

    6 degrees awarded

The most common race/ethnicity and gender grouping at Herzing University-Akron is white female (66 degrees awarded). There were 3.67 times more white female recipients than the next closest race/ethnicity group, black or african american female (18 degrees).

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Operations

Herzing University-Akron has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $0 (N/A%), compared to the 1.44% average return ($144k on $10M) across all Baccalaureate/Associates Colleges.

In 2017, Herzing University-Akron had a total salary expenditure of $5.5M. Herzing University-Akron employs 6 Assistant professors, 4 Instructors, and 4 Associate professors. Most academics at Herzing University-Akron are Female Assistant professors (5), Female Instructors(4), and Female Associate professors (4).

The most common positions for non-instructional staff at Herzing University-Akron are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 7 employees, Management, with 3 employees, and Office and Administrative Support with 3 employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

Herzing University-Akron has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Herzing University-Akron stayed 0% from the previous year. The value of their endowment was $N/A approximately the same as than the median endowment of Baccalaureate/Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Herzing University-Akron (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Herzing University-Akron received $0 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

$1.97M

2017 Salaries

9.95%

growth from 2016

In 2017, Herzing University-Akron paid a median of $1.97M in salaries, which represents 35.9% of their overall expenditure ($5.5M) and a 9.95% growth from the previous year. This is compared to a 13.3% growth from 2015 and a 26.1% decline from 2014.

The median for similar Baccalaureate/Associates Colleges is 6.2M (33.2% of overall expenditures).

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Instructional Salaries

$958k

Instructional Salaries

16

Number of Employees

In 2017, Herzing University-Akron paid a total of $958k to 16 employees working as instructors, which represents 48.5% of all salaries paid.

This is compared to a median of $916k (25.3%) for similar Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

6 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

7 Employees

In 2017, the most common positions for instructional staff at Herzing University-Akron were Assistant professor with 6 employees; Instructor with 4 employees; and Instructor with 4 employees.

In 2017, the most common positions for non-instructional staff at Herzing University-Akron were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 7 employees; Management with 3 employees; and Office and Administrative Support with 3 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Assistant professor

  2. Female Instructor

  3. Female Associate professor

In 2017, the most common demographic for instructional staff at Herzing University-Akron was Female Assistant professor with 5 employees, Female Instructor with 4 employees, and Female Associate professor with 4 employees.

This chart shows the gender split between each academic rank present at Herzing University-Akron.

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