Independence University

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2019 Undergraduate Tuition
$14,585
19.1% growth from 2018
2019 Average Net Price
$26,332
After Financial Aid
2017 Student Loan
18.1%
Default Rate
2019 Enrolled Students
11,228
100% Full-Time
2018 Graduation Rate
10.1%
34 Graduates

About

Independence University is a higher education institution located in Salt Lake County, UT. In 2016, the most popular Bachelor's Degree concentrations at Independence University were General Business Administration & Management (155 degrees awarded), Health Services Administration (114 degrees), and Respiratory Care Therapist (63 degrees).

In 2019, 1,116 degrees were awarded across all undergraduate and graduate programs at Independence University. 82.5% of these degrees were awarded to women, and 17.5% awarded men. The most common race/ethnicity group of degree recipients was unknown (434 degrees), 1.32 times more than then the next closest race/ethnicity group, white (328 degrees).

The median undergraduate tuition at Independence University is $14,585, which is $85 more than the national average for Special Focus Institutions ($14,500).

Costs

The median undergraduate tuition at Independence University is $14,585, which is $85 more than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $26,332.

In 2019, 86% of undergraduate students received federal grants, while 87% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$14,585
2019 Undergraduate Tuition

In 2019, the cost of tuition at Independence University was $14,585. The cost of tuition at Independence University is $85 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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

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Average Net Price

$26,332
2019 Value
2.25%
1 Year Growth

In 2019 Independence University had an average net price — the price paid after factoring in grants and loans — of $26,332. Between 2018 and 2019, the average net price of Independence University grew by 2.25%.

This chart compares the average net price of Independence 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

$8,919
Room and Board
$N/A
Books and Supplies

The average yearly cost of room and board at Independence University was of $8,919 in 2019. During the same period, the average yearly cost of books and supplies was $N/A. The cost of room and board increased by 2.21% between 2018 and 2019. The cost of books and supplies remained the same by NaNk% during the same period.

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

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Financial Aid

Financial Aid by Income Level

86%
Of Undergraduates Receive Grants
87%
Of Undergraduates Receive Federal Loans

86% of undergraduate students at Independence University received grants or loans in 2019. This represents a growth of 2.38% with respect to 2018, when 84% of undergraduate students received financial aid.

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

In 2017 the default rate for borrower's at Independence University 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 has a total enrollment of 11,228 students. The full-time enrollment at Independence University is 11,228 students and the part-time enrollment is 0. This means that 100% of students enrolled at Independence University are enrolled full-time.

The enrolled student population at Independence University, both undergraduate and graduate, is 25.3% White, 14.3% Black or African American, 8.87% Hispanic or Latino, 8.67% Two or More Races, 0.552% American Indian or Alaska Native, 0.436% Native Hawaiian or Other Pacific Islanders, and 0.401% Asian.

Students enrolled at Independence University in full-time Undergraduate programs are most commonly White Female (18.3%), followed by Black or African American Female (11.1%) and White Male (6.9%). Students enrolled in full-time Graduate programs are most commonly White Female (19.6%), followed by White Male (13.5%) and Two or More Races Female (11.4%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Independence University, both undergraduate and graduate, is 11,228 students. The full-time enrollment at Independence University is 11,228 and the part-time enrollment is 0. This means that 100% of students enrolled at Independence University are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

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

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Retention Rate over Time

43%
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 Independence University was 43%. Compared with the full-time retention rate at similar Special Focus Institutions (72%), Independence University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    2,844
  2. Black or African American
    1,607
  3. Hispanic or Latino
    996

The enrolled student population at Independence University is 25.3% White, 14.3% Black or African American, 8.87% Hispanic or Latino, 8.67% Two or More Races, 0.552% American Indian or Alaska Native, 0.436% Native Hawaiian or Other Pacific Islanders, and 0.401% 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 44.8% White, 15.6% Hispanic or Latino, and 14.5% 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, 4,645 students (41.4%) did not report their race.

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Graduates

In 2019, 726 more women than men received degrees from Independence University. The most common race/ethnicity group of degree recipients at Independence University is unknown (434 degrees awarded). There were 1.32 times more unknown graduates than the next closest race/ethnicity group, white (328 degrees).

The most common Bachelor's Degree concentration at Independence University is General Business Administration & Management (155 degrees awarded), followed by Health Services Administration (114 degrees) and Respiratory Care Therapist (63 degrees).

The most specialized majors across all degree types at Independence University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (608 degrees awarded), Health (443 degrees), and Visual & Performing Arts (39 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 Independence University are Registered nurses (1,461,975 people), Accountants & auditors (1,012,784 people), Other managers (867,612 people), Software developers (649,636 people), and Financial managers (517,542 people).

The most specialized majors at Independence University are Business (608 degrees awarded), Health (443 degrees), Visual & Performing Arts (39 degrees), and Computer and Information Sciences and Support Services (26 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 Independence University are Surgeons, Physicians, Architectural & engineering managers, Chief executives & legislators, and Cardiovascular technologists and technicians

The most specialized majors at Independence University are Business (608 degrees awarded), Health (443 degrees), Visual & Performing Arts (39 degrees), and Computer and Information Sciences and Support Services (26 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 Independence University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,784,582 people), Computer Systems Design (1,041,172 people), Elementary & secondary schools (843,420 people), Colleges, universities & professional schools, including junior colleges (616,185 people), and Banking & related activities (556,137 people).

The most specialized majors at Independence University are Business (608 degrees awarded), Health (443 degrees), Visual & Performing Arts (39 degrees), and Computer and Information Sciences and Support Services (26 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 Independence University.
Most Common
  1. 155 degree-majorss awarded
  2. 114 degree-majorss awarded
  3. 63 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Independence University was General Business Administration & Management with 155 degrees awarded.

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

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Gender Breakdown for Common Majors

195
Degrees Awarded to Men
in 2019
921
Degrees Awarded to Women
in 2019

In 2019, 195 degrees were awarded to men at Independence University, which is 0.212 times less than the number of degrees awarded to females (921).

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

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Most Common Male Majors

In 2019, 125 degrees were awarded to men at Independence University in General Business Administration & Management, which is 0.285 times less than the 439 female recipients with that same degree.

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Most Common Female Majors

In 2019, 439 degrees were awarded to women at Independence University in General Business Administration & Management, which is 3.51 times more than the 125 male recipients with that same degree.

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Time to Complete

33%
100% Completion Time
33%
150% Completion Time

In 2019, 33% of students graduating from Independence University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 33% completed their degrees within 150% of the normal time, and 33% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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 Female
Highest Graduation Rate (40%)

The student demographic with the highest graduation rate at Independence University is Female and Two or More Races (40% graduation rate). Across all Special Focus Institutions, 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, 20.6% of graduates (7 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. Unknown
    434 degrees awarded
  2. White
    328 degrees awarded
  3. Black or African American
    143 degrees awarded

The most common race/ethnicity at Independence University is unknown (434 degrees awarded). There were 1.32 times more unknown recipients than the next closest race/ethnicity group, white (328 degrees).

38.9% of degree recipients (434 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    274 degrees awarded
  2. Black or African American Female
    122 degrees awarded
  3. Two or More Races Female
    97 degrees awarded

The most common race/ethnicity and gender grouping at Independence University is white female (274 degrees awarded). There were 2.25 times more white female recipients than the next closest race/ethnicity group, black or african american female (122 degrees).

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Operations

Independence University has an endowment valued at nearly $N/A, as of the end of the 2019 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 2.77% average return ($279k on $10.1M) across all Special Focus Institutions.

In 2019, Independence University had a total salary expenditure of $134M. Independence University employs 169 No academic ranks, 0 N/A, and 0 N/A. Most academics at Independence University are Female No academic ranks (105), Male No academic ranks(64), and N/A (0).

The most common positions for non-instructional staff at Independence University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 117 employees, Business and Financial Operations, with 59 employees, and Computer, Engineering, and Science with 18 employees.

Finances

Endowment

$N/A
2019 Endowment
0%
growth from 2018

Independence University has an endowment valued at about $N/A, as of the end of the 2019 fiscal year. The endowment of Independence University stayed 0% from the previous year. The value of their endowment was $NaNM approximately the same as than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Other Health Professions Schools Carnegie Classification grouping.

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Government Grants and Contracts

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

As of 2019, Independence University 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

$53M
2019 Salaries
233%
growth from 2018

In 2019, Independence University paid a median of $53M in salaries, which represents 39.5% of their overall expenditure ($134M) and a 233% growth from the previous year. This is compared to a 8.14% growth from 2017 and a 13.3% growth from 2016.

The median for similar Special Focus Institutions is 2.89M (42.3% of overall expenditures).

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Instructional Salaries

$9.79M
Instructional Salaries
169
Number of Employees

In 2019, Independence University paid a total of $9.79M to 169 employees working as instructors, which represents 18.5% of all salaries paid.

This is compared to a median of $857k (29.6%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

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

In 2019, the most common positions for instructional staff at Independence University were No academic rank with 169 employees; false with 0 employees; and false with 0 employees.

In 2019, the most common positions for non-instructional staff at Independence University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 117 employees; Business and Financial Operations with 59 employees; and Computer, Engineering, and Science with 18 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Female No academic rank
  2. Male No academic rank
  3. false

In 2019, the most common demographic for instructional staff at Independence University was Female No academic rank with 105 employees, Male No academic rank with 64 employees, and false with 0 employees.

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

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