Independence University (465812)

www.independence.edu

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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
    2020 Graduation Rate
    12.4%
    188 Graduates

    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 $1,703 more than the national average for Special Focus Institutions ($14,897).

    In 2017 the default rate for borrower's at Independence University (465812) was 18.1%, corresponding to 1053 out of the 5,805 total borrowers.

    Special Focus Four-Year: Other Health Professions SchoolsSpecial Focus Institutions

    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.

    This chart compares the tuition costs of Independence University (465812) (in red) with those of other similar universities.

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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%.

    This chart compares the average net price of Independence University (465812) (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

    $9,503
    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.

    This chart compares the average student costs at Independence University (465812) (in red) with that of similar universities.

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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 (18.4%), followed by Black or African American Female (11.6%) and White Male (6.74%). Students enrolled in full-time Graduate programs are most commonly White Female (18.9%), followed by White Male (14.9%) and Black or African American Female (11.2%).

    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 74.1% 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 (76%), Independence University (465812) had a retention rate lower than its peers.

    This chart shows the retention rate over time at Independence University (465812) (highlighted in red) compares to similar universities.

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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 39.9% White, 19.4% Hispanic or Latino, and 17% 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

    Registered nurses
    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Independence University (465812) are Registered nurses (1,604,951 people), Accountants & auditors (1,053,828 people), Other managers (961,611 people), Software developers (816,946 people), and Financial managers (561,774 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

    Surgeons
    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, Cardiovascular technologists and technicians, Magnetic resonance imaging technologists, Dentists, and Physicians

    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

    General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals
    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 General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,021,867 people), Computer Systems Design (1,259,751 people), Elementary & secondary schools (965,029 people), Colleges, universities & professional schools, including junior colleges (687,068 people), and Banking & related activities (538,439 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. General Business Administration & Management
      458 degrees awarded
    2. Medical Assistant
      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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    Time to Complete

    10%
    100% Completion Time
    10%
    150% Completion Time

    In 2020, 10% of students graduating from Independence University (465812) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 10% completed their degrees within 150% of the normal time, and 10% 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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    Graduation Rate by Race and Sex

    Showing demographic groups with ≥ 5 graduating students.
    White Female
    Highest Graduation Rate (16%)

    The student demographic with the highest graduation rate in 2020 at Independence University (465812) is Female and White (16% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (75.5%).

    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
      399 degrees awarded
    2. White Female
      379 degrees awarded
    3. White Female
      344 degrees awarded

    The most common race/ethnicity and sex grouping at Independence University (465812) is white female (399 degrees awarded). There were 1.05 times more white female recipients than the next closest race/ethnicity group, white female (379 degrees).

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    Operations

    In 2020, Independence University (465812) had a total salary expenditure of 186M. 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, which represents 12.8% of their overall expenditure ($186M) and 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.

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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 $213k (6.38%) for similar Special Focus Institutions.

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    Occupations by Share

    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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