Masters Colleges & Universities: Larger Programs

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2020 Undergraduate Tuition
$14,588
1.48% growth from 2019
2020 Average Net Price
$18,828
After Financial Aid
2020 Acceptance Rate
71.7%
2,370,311 Applicants
2020 Enrolled Students
3,264,385
68.2% Full-Time
2020 Graduation Rate
57.3%
199,298 Graduates

About

Masters Colleges & Universities: Larger Programs is a Carnegie Classification grouping of higher education institutions. In 2016, the most popular Bachelor's Degree concentrations at Masters Colleges & Universities: Larger Programs were General Business Administration & Management (54,491 degrees awarded), Registered Nursing (45,109 degrees), and General Psychology (32,859 degrees).

In 2020, 858,785 degrees were awarded across all undergraduate and graduate programs at Masters Colleges & Universities: Larger Programs. 61.5% of these degrees were awarded to women, and 38.5% awarded men. The most common race/ethnicity group of degree recipients was white (479,569 degrees), 3.84 times more than then the next closest race/ethnicity group, hispanic or latino (124884 degrees).

The median undergraduate tuition at Masters Colleges & Universities: Larger Programs is $14,588, which is $4,567 more than than the national median of $10,021. The cost of out-of-state tuition is $22,400, which is 154% of the cost for in-state students, and is $7,865 more than than the national median $14,535.

Costs

The median in-state tuition for Masters Colleges & Universities: Larger Programs is $14,588, which is $4,388 more than than the national median in-state tuition of $10,200. The cost of out-of-state tuition is $22,400, which is 154% of the cost for in-state students, and is $7,865 more than than the national median out-of-state tuition of $14,535.

After taking grants and loans into account, the average net price for students is $18,828.

Student Expenses

Tuition Costs

$14,588
2020 Undergraduate Tuition

In 2020, the cost of out-of-state tuition at Masters Colleges & Universities: Larger Programs was $22,400, which is 154% of the cost for in-state students, which was $14,588. The cost of out-of-state tuition at Masters Colleges & Universities: Larger Programs is $7,865 more than than the overall (public and private) national median of $14,535, and the in-state tuition is $4,388 more than than the overall (public and private) national median $10,200.

This chart compares the tuition costs of Masters Colleges & Universities: Larger Programs (in red) with those of other similar universities.

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Average Net Price

$18,828
2020 Value
0.467%
1 Year Growth

In 2020 Masters Colleges & Universities: Larger Programs had an average net price — the price paid after factoring in grants and loans — of $18,828. Between 2019 and 2020, the average net price of Masters Colleges & Universities: Larger Programs grew by 0.467%.

This chart compares the average net price of Masters Colleges & Universities: Larger Programs (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

$10,716
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Masters Colleges & Universities: Larger Programs was of $10,716 in 2020. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 2.35% between 2019 and 2020. The cost of books and supplies decreased by 0.125% during the same period.

This chart compares the average student costs at Masters Colleges & Universities: Larger Programs (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

78.5%
Of Undergraduates Receive Grants
53%
Of Undergraduates Receive Federal Loans

78.5% of undergraduate students at Masters Colleges & Universities: Larger Programs received grants or loans in 2020. This represents a growth of 3.29% with respect to 2019, when 76% of undergraduate students received financial aid.

This chart compares the average award discount at Masters Colleges & Universities: Larger Programs (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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Admissions

Masters Colleges & Universities: Larger Programs received 2,370,311 undergraduate applications in 2020, which represents a 0.613% annual decline. Out of those 2,370,311 applicants, 1,699,864 students were accepted for enrollment, representing a 71.7% acceptance rate.

There were 3,264,385 students enrolled at Masters Colleges & Universities: Larger Programs in 2020, and 55.7% of first-time enrollees submitted SAT scores with their applications.

Masters Colleges & Universities: Larger Programs has an overall enrollment yield of 20.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

71.7%
Acceptance Rate in 2020
1,699,864
Accepted Out of 2,370,311

In 2020, the undergraduate acceptance rate of Masters Colleges & Universities: Larger Programs was 71.7% (1,699,864 admissions from 2,370,311 applications). This is higher than the acceptance rate of 2019, which was 67.5%. Between 2019 and 2020, the number of applicants declined by −0.613%, while admissions grew by 5.63%.

This chart compares the acceptance rate of Masters Colleges & Universities: Larger Programs (in red) with that of other similar universities.

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SAT Scores

55.7%
Submission Percentage
158,390
Scores Submitted

55.7% of enrolled first-time students at Masters Colleges & Universities: Larger Programs in 2020 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

Masters Colleges & Universities: Larger Programs has a total enrollment of 3,264,385 students. The full-time enrollment at Masters Colleges & Universities: Larger Programs is 2,226,154 students and the part-time enrollment is 1,038,231. This means that 68.2% of students enrolled at Masters Colleges & Universities: Larger Programs are enrolled full-time.

The enrolled student population at Masters Colleges & Universities: Larger Programs, both undergraduate and graduate, is 52.1% White, 16.8% Hispanic or Latino, 12.4% Black or African American, 5.52% Asian, 3.48% Two or More Races, 0.514% American Indian or Alaska Native, and 0.295% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Masters Colleges & Universities: Larger Programs in full-time Undergraduate programs are most commonly White Female (30.8%), followed by White Male (21.9%) and Hispanic or Latino Female (11.5%). Students enrolled in full-time Graduate programs are most commonly White Female (34.8%), followed by White Male (16%) and Hispanic or Latino Female (9.25%).

Full-Time vs Part-Time Enrollment

68.2%
Full-Time Enrollment

The total enrollment at Masters Colleges & Universities: Larger Programs, both undergraduate and graduate, is 3,264,385 students. The full-time enrollment at Masters Colleges & Universities: Larger Programs is 2,226,154 and the part-time enrollment is 1,038,231. This means that 68.2% of students enrolled at Masters Colleges & Universities: Larger Programs are enrolled full-time compared with 68.8% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Masters Colleges & Universities: Larger Programs (in red) compares to similar universities.

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Retention Rate over Time

77%
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 Masters Colleges & Universities: Larger Programs was 77%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Masters Colleges & Universities: Larger Programs had a retention rate higher than its peers.

This chart shows the retention rate over time at Masters Colleges & Universities: Larger Programs (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,700,828
  2. Hispanic or Latino
    548,387
  3. Black or African American
    403,395

The enrolled student population at Masters Colleges & Universities: Larger Programs is 52.1% White, 16.8% Hispanic or Latino, 12.4% Black or African American, 5.52% Asian, 3.48% Two or More Races, 0.514% American Indian or Alaska Native, and 0.295% 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 Masters Colleges and Universities is 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 189,750 students (5.81%) did not report their race.

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Graduates

In 2020, 198251 more women than men received degrees from Masters Colleges & Universities: Larger Programs. The most common race/ethnicity group of degree recipients at Masters Colleges & Universities: Larger Programs is white (479,569 degrees awarded). There were 3.84 times more white graduates than the next closest race/ethnicity group, hispanic or latino (124884 degrees).

The most common Bachelor's Degree concentration at Masters Colleges & Universities: Larger Programs is General Business Administration & Management (54,491 degrees awarded), followed by Registered Nursing (45,109 degrees) and General Psychology (32,859 degrees).

The most specialized majors across all degree types at Masters Colleges & Universities: Larger Programs, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Applied Sciences (1,451 degrees awarded), Education (100,015 degrees), and Library Science (1,767 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Masters Colleges & Universities: Larger Programs are Elementary & middle school teachers (1,543,040 people), Secondary school teachers (506,985 people), Education administrators (298,434 people), Social workers, all other (273,055 people), and Special education teachers (227,906 people).

The most specialized majors at Masters Colleges & Universities: Larger Programs are Applied Sciences (1,451 degrees awarded), Education (100,015 degrees), Library Science (1,767 degrees), Parks, Recreation, & Leisure (20,786 degrees), and Psychology (46,459 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 Masters Colleges & Universities: Larger Programs are Surgeons, Computer hardware engineers, Magnetic resonance imaging technologists, Public relations specialists, and Actuaries

The most specialized majors at Masters Colleges & Universities: Larger Programs are Applied Sciences (1,451 degrees awarded), Education (100,015 degrees), Library Science (1,767 degrees), Parks, Recreation, & Leisure (20,786 degrees), and Psychology (46,459 degrees).

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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 Masters Colleges & Universities: Larger Programs are Elementary & secondary schools (3,010,963 people), Colleges, universities & professional schools, including junior colleges (396,037 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (317,308 people), Individual & family services (252,303 people), and Outpatient care centers (244,306 people).

The most specialized majors at Masters Colleges & Universities: Larger Programs are Applied Sciences (1,451 degrees awarded), Education (100,015 degrees), Library Science (1,767 degrees), Parks, Recreation, & Leisure (20,786 degrees), and Psychology (46,459 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 Masters Colleges & Universities: Larger Programs.
Most Common
  1. 54491 degree-majorss awarded
  2. 45109 degree-majorss awarded
  3. 32859 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Masters Colleges & Universities: Larger Programs was General Business Administration & Management with 54491 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Masters Colleges & Universities: Larger Programs according to their major.

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Sex Breakdown for Common Majors

330,267
Degrees Awarded to Men
in 2020
528,518
Degrees Awarded to Women
in 2020

In 2020, 330,267 degrees were awarded to men at Masters Colleges & Universities: Larger Programs, which is 0.625 times less than the number of degrees awarded to females (528,518).

This chart displays the sex disparity between the top 5 majors at Masters Colleges & Universities: Larger Programs by degrees awarded.

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Most Common Male Majors

In 2020, 48335 degrees were awarded to men at Masters Colleges & Universities: Larger Programs in General Business Administration & Management, which is 1.03 times more than the 46917 female recipients with that same degree.

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Most Common Female Majors

In 2020, 46917 degrees were awarded to women at Masters Colleges & Universities: Larger Programs in General Business Administration & Management, which is 0.971 times less than the 48335 male recipients with that same degree.

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Time to Complete

37%
100% Completion Time
55%
150% Completion Time

In 2020, 37% of students graduating from Masters Colleges & Universities: Larger Programs completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 55% completed their degrees within 150% of the normal time, and 57% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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 Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (69.8%)

The student demographic with the highest graduation rate at Masters Colleges & Universities: Larger Programs is Female and Asian (69.8% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).

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, 2.2% of graduates (4378 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    479,569 degrees awarded
  2. Hispanic or Latino
    124,884 degrees awarded
  3. Black or African American
    92,823 degrees awarded

The most common race/ethnicity at Masters Colleges & Universities: Larger Programs is white (479,569 degrees awarded). There were 3.84 times more white recipients than the next closest race/ethnicity group, hispanic or latino (124884 degrees).

4.93% of degree recipients (42,304 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    297,107 degrees awarded
  2. White Male
    182,462 degrees awarded
  3. Hispanic or Latino Female
    79,790 degrees awarded

The most common race/ethnicity and sex grouping at Masters Colleges & Universities: Larger Programs is white female (297,107 degrees awarded). There were 1.63 times more white female recipients than the next closest race/ethnicity group, white male (182,462 degrees).

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Operations

Masters Colleges & Universities: Larger Programs has an endowment valued at nearly $50M, as of the end of the 2020 fiscal year. The return on its endowment was of $944M (1.89k%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Masters Colleges & Universities: Larger Programs had a total salary expenditure of $125M. Masters Colleges & Universities: Larger Programs employs 27,370 Professors, 26,868 Associate professors, and 26,417 Assistant professors. Most academics at Masters Colleges & Universities: Larger Programs are Male Professors (16,389), Female Assistant professors(15,082), and Male Associate professors (13,487).

The most common positions for non-instructional staff at Masters Colleges & Universities: Larger Programs are: Office and Administrative Support, with 38196 employees, Management, with 30782 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 25155 employees.

Finances

Endowment

$50M
2020 Endowment
5.77%
growth from 2019

Masters Colleges & Universities: Larger Programs has an endowment valued at about $50M, as of the end of the 2020 fiscal year. The endowment of Masters Colleges & Universities: Larger Programs grew 5.77% from the previous year. The value of their endowment was $10.3M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Masters Colleges & Universities: Larger Programs (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $1.59B - Federal
  2. $986M - State
  3. $119M - Local

As of 2020, Masters Colleges & Universities: Larger Programs received $1.59B in grants and contracts from the federal government, $986M from state grants and contracts, and $119M from local grants and contracts.

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Expenses

Salary Expenditure

$53.4M
2020 Salaries
1.39%
growth from 2019

In 2020, Masters Colleges & Universities: Larger Programs paid a median of $53.4M in salaries, which represents 42.8% of their overall expenditure ($125M) and a 1.39% growth from the previous year. This is compared to a 5.75% growth from 2018 and a 0.549% growth from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

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Instructional Salaries

$8.37B
Instructional Salaries
102,531
Number of Employees

In 2020, Masters Colleges & Universities: Larger Programs paid a total of $8.37B to 102,531 employees working as instructors, which represents 33.5% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
27370 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
38196 Employees

In 2020, the most common positions for instructional staff at Masters Colleges & Universities: Larger Programs were Professor with 27,370 employees; Associate professor with 26,868 employees; and Associate professor with 26,417 employees.

In 2020, the most common positions for non-instructional staff at Masters Colleges & Universities: Larger Programs were Office and Administrative Support with 38,196 employees; Management with 30,782 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 25,155 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male Professor
  2. Female Assistant professor
  3. Male Associate professor

In 2020, the most common demographic for instructional staff at Masters Colleges & Universities: Larger Programs was Male Professor with 16,389 employees, Female Assistant professor with 15,082 employees, and Male Associate professor with 13,487 employees.

This chart shows the sex split between each academic rank present at Masters Colleges & Universities: Larger Programs.

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