Independence University (465812)

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2020 Undergraduate Tuition
$16,600
13.8% growth from 2019
2020 Average Net Price
$25,616
After Financial Aid
2017 Default Rate
18.1%
on Student Loans
2020 Enrolled Students
11,578
100% Full-Time

About

Independence University (465812) is a higher education institution located in Salt Lake County, UT. In 2020, the most popular Associates Degree concentrations at Independence University (465812) were General Business Administration & Management (458 degrees awarded) and Medical Assistant (362 degrees).

In 2020, 1,439 degrees were awarded across all undergraduate and graduate programs at Independence University (465812). 81% of these degrees were awarded to women, and 19% awarded men. The most common race/ethnicity group of degree recipients was white (375 degrees), 2.02 times more than then the next closest race/ethnicity group, black or african american (186 degrees).

The median undergraduate tuition at Independence University (465812) is $16,600, which is $1,659 more than the national average for Special Focus Institutions ($14,942).

In 2017 the default rate for borrower's at Independence University (465812) was 18.1%, corresponding to 1053 out of the 5805 total borrowers.

Costs

In 2020, the median undergraduate tuition at Independence University (465812) is $16,600

After taking grants and loans into account, the average net price for students is $25,616.

In 2020, 90% of undergraduate students attending Independence University (465812) received financial aid through grants. Comparatively, 81% of undergraduate students received financial aid through loans.

Tuition Costs

$16,600
2020 Undergraduate Tuition

In 2020, the cost of tuition at Independence University (465812) was $16,600.

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Average Net Price

$25,616
2020 Value
2.72%
1 Year Growth

In 2020 Independence University (465812) had an average net price — the price paid after factoring in grants and loans — of $25,616. Between 2019 and 2020, the average net price of Independence University (465812) grew by 2.72%.

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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

$9,503
Room and Board

The average yearly cost of room and board at Independence University (465812) was of $9,503 in 2020. The cost of room and board increased by 6.55% between 2019 and 2020.

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Financial Aid by Income Level

90%
Undergraduates Receiving Financial Aid through Grants
81%
Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Independence University (465812) received financial aid through grants or loans in 2020. This represents a growth of 4.65% with respect to 2019, when 86% of undergraduate students received financial aid.

This chart compares the average award discount at Independence University (465812) (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.
18.1%
2017 Default Rate
1053
Number of Defaults

In 2017 the default rate for borrower's at Independence University (465812) was 18.1%, which represents 1053 out of the 5805 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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Enrollment

Independence University (465812) had a total enrollment of 11,578 students in 2020. The full-time enrollment at Independence University (465812) is 11,578 students and the part-time enrollment is 0. This means that 100% of students enrolled at Independence University (465812) are enrolled full-time.

The enrolled student population at Independence University (465812), both undergraduate and graduate, is 25.1% White, 15.5% Black or African American, 9.52% Hispanic or Latino, 8.78% Two or More Races, 0.579% American Indian or Alaska Native, 0.458% Native Hawaiian or Other Pacific Islanders, and 0.44% Asian.

Students enrolled at Independence University (465812) in full-time Undergraduate programs are most commonly White Female (18.5%), followed by Black or African American Female (12.1%) and Two or More Races Female (6.7%). Students enrolled in full-time Graduate programs are most commonly White Male (19.5%), followed by White Female (16.9%) and Black or African American Female (13%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Independence University (465812) in 2020, both undergraduate and graduate, is 11,578 students. The full-time enrollment at Independence University (465812) is 11,578 and the part-time enrollment is 0. This means that 100% of students enrolled at Independence University (465812) are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Independence University (465812) (in red) compares to similar universities.

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Retention Rate over Time

48%
2020 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 Independence University (465812) was 48%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Independence University (465812) had a retention rate lower than its peers.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2020)
  1. White
    2,908 enrolled students
  2. Black or African American
    1,793 enrolled students
  3. Hispanic or Latino
    1,102 enrolled students

The enrolled student population at Independence University (465812) is 25.1% White, 15.5% Black or African American, 9.52% Hispanic or Latino, 8.78% Two or More Races, 0.579% American Indian or Alaska Native, 0.458% Native Hawaiian or Other Pacific Islanders, and 0.44% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 4,582 students (39.6%) did not report their race.

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Graduates

In 2020, 891 more women than men received degrees from Independence University (465812). The most common race/ethnicity group of degree recipients at Independence University (465812) is white (375 degrees awarded). There were 2.02 times more white recipients than the next closest race/ethnicity group, black or african american (186 degrees).

The most common Associates Degree concentration at Independence University (465812) is General Business Administration & Management (458 degrees awarded), followed by Medical Assistant (362 degrees).

In 2020,  the most specialized majors across all degree types at Independence University (465812), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (715 degrees awarded), Health (599 degrees), and Computer and Information Sciences and Support Services (77 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Independence University (465812) are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Independence University (465812) in 2020 are Business (715 degrees awarded), Health (599 degrees), Computer and Information Sciences and Support Services (77 degrees), and Visual & Performing Arts (48 degrees) (as of 2020).

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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 Independence University (465812) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Independence University (465812) are Business (715 degrees awarded), Health (599 degrees), Computer and Information Sciences and Support Services (77 degrees), and Visual & Performing Arts (48 degrees) (as of 2020).

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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 Independence University (465812) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Independence University (465812) are Business (715 degrees awarded), Health (599 degrees), Computer and Information Sciences and Support Services (77 degrees), and Visual & Performing Arts (48 degrees) (as of 2020).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Independence University (465812).
Most Common (2020)
  1. 458 degrees awarded
  2. 362 degrees awarded

In 2020, the most common associates degree concentration at Independence University (465812) was General Business Administration & Management with 458 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Independence University (465812) according to their major.

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Sex Breakdown for Common Majors

274
Degrees Awarded to Men
in 2020
1,165
Degrees Awarded to Women
in 2020

In 2020, 274 degrees were awarded to men at Independence University (465812), which is 0.235 times less than the number of degrees awarded to females (1,165).

This chart displays the sex disparity between the top 5 majors at Independence University (465812) by degrees awarded.

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Most Common Male Majors

In 2020, 166 degrees were awarded to men at Independence University (465812) in General Business Administration & Management, which is 0.324 times less than the 512 female recipients with that same degree.

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Most Common Female Majors

In 2020, 512 degrees were awarded to men at Independence University (465812) in General Business Administration & Management, which is 3.08 times more than the 166 male recipients with that same degree.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate in 2020 at Independence University (465812) is Male and Asian (66.7% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2020)
  1. White
    375 degrees awarded
  2. Black or African American
    186 degrees awarded
  3. Two or More Races
    174 degrees awarded

The most common race/ethnicity at Independence University (465812) is white (375 degrees awarded). There were 2.02 times more white recipients than the next closest race/ethnicity group, black or african american (186 degrees).

42% of degree recipients (605 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2020)
  1. White Female
    280 degrees awarded
  2. Black or African American Female
    146 degrees awarded
  3. Two or More Races Female
    128 degrees awarded

The most common race/ethnicity and sex grouping at Independence University (465812) is white female (280 degrees awarded). There were 1.92 times more white female recipients than the next closest race/ethnicity group, black or african american female (146 degrees).

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Operations

Independence University (465812) employs 232 No academic ranks. Most academics at Independence University (465812) are Female No academic rank (152), and Male No academic rank (80).

The most common positions for non-instructional staff at Independence University (465812) are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 209 employees, Business and Financial Operations, with 83 employees, and Computer, Engineering, and Science with 25 employees.

Salary Expenditure

$23.8M
2020 Salaries
55.2%
decline from 2019

In 2020, Independence University (465812) paid a median of $23.8M in salaries, a 55.2% decline from the previous year. This is compared to a 233% growth between 2018 and 2019, and a 8.14% growth between 2017 and 2018.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Instructional Salaries

$13.5M
Instructional Salaries
232
Number of Employees

In 2020, Independence University (465812) paid a total of $13.5M to 232 employees working as instructors, which represents 56.9% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

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Occupations by Share

No academic rank
Most Common Instructor
232 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
209 Employees

In 2020, the most common positions for instructional staff at Independence University (465812) was No academic rank with 232 employees.

In 2020, the most common positions for non-instructional staff at Independence University (465812) were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 209 employees, Business and Financial Operations with 83 employees, and Computer, Engineering, and Science with 25 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2020)
  1. Female No academic rank
  2. Male No academic rank

In 2020, the most common demographic for instructional staff at Independence University (465812) was Female No academic rank with 152 employees, and Male No academic rank with 80 employees.

This chart shows the sex split between each academic rank present at Independence University (465812).

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