Masters Colleges & Universities: Larger Programs

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2021 Undergraduate Tuition

$14,392

1.34% growth from 2020

2021 Average Net Price

$18,481

After Financial Aid

2021 Acceptance Rate

75.7%

2,305,157 Applicants

2021 Enrolled Students

3,177,015

67.8% Full-Time

2021 Graduation Rate

57.5%

201,866 Graduates

About

Masters Colleges & Universities: Larger Programs is a Carnegie Classification grouping of higher education institutions. In 2021, the most popular Bachelor's Degree concentrations at Masters Colleges & Universities: Larger Programs were General Business Administration & Management (100,465 degrees awarded), Registered Nursing (52,738 degrees), and General Psychology (37,111 degrees).

In 2021, 888,626 degrees were awarded across all undergraduate and graduate programs at Masters Colleges & Universities: Larger Programs. 62% of these degrees were awarded to women, and 38% awarded men. The most common race/ethnicity group of degree recipients was white (486,626 degrees), 3.62 times more than then the next closest race/ethnicity group, hispanic or latino (134,324 degrees).

The median undergraduate tuition at Masters Colleges & Universities: Larger Programs is $14,392, which is $4,192 more than than the national median of $10,200. The cost of out-of-state tuition is $23,184, which is 161% of the cost for in-state students, and is $8,610 more than than the national median $14,574.

Masters Colleges and Universities

Costs

The median in-state tuition for Masters Colleges & Universities: Larger Programs is $14,392, which is $3,994 more than than the national median in-state tuition of $10,398. The cost of out-of-state tuition is $23,184, which is 161% of the cost for in-state students, and is $8,610 more than than the national median out-of-state tuition of $14,574.

After taking grants and loans into account, the average net price for students is $18,481.

Tuition Costs

$14,392

2021 Undergraduate Tuition

In 2021, the cost of out-of-state tuition at Masters Colleges & Universities: Larger Programs was $23,184, which is 161% of the cost for in-state students, which was $14,392. The cost of out-of-state tuition at Masters Colleges & Universities: Larger Programs is $8,610 more than than the overall (public and private) national median of $14,574, and the in-state tuition is $3,994 more than than the overall (public and private) national median $10,398.

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

Average Net Price

$18,481

2021 Value

1.84%

1 Year Growth

In 2021 Masters Colleges & Universities: Larger Programs had an average net price — the price paid after factoring in grants and loans — of $18,481. Between 2020 and 2021, the average net price of Masters Colleges & Universities: Larger Programs grew by 1.84%.

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.

Other Student Expenses

$10,957

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Masters Colleges & Universities: Larger Programs was of $10,957 in 2021. The cost of room and board increased by 2.25% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

81%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

81% of undergraduate students at Masters Colleges & Universities: Larger Programs received financial aid through grants or loans in 2021. This represents a growth of 3.18% with respect to 2020, when 78.5% 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.

Admissions

Masters Colleges & Universities: Larger Programs received 2,305,157 undergraduate applications in 2021, which represents a 2.75% annual growth. Out of those 2,305,157 applicants, 1,745,836 students were accepted for enrollment, representing a 75.7% acceptance rate.

There were 3,177,015 students enrolled at Masters Colleges & Universities: Larger Programs in 2021. 23.1% of first-time enrollees submitted SAT scores with their applications.

Masters Colleges & Universities: Larger Programs has an overall enrollment yield of 19.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75.7%

Acceptance Rate in 2021

1,745,836

Accepted Out of 2,305,157

In 2021, the undergraduate acceptance rate of Masters Colleges & Universities: Larger Programs was 75.7% (1,745,836 admissions from 2,305,157 applications). This is higher than the acceptance rate of 2020, which was 71.7%. Between 2020 and 2021, the number of applicants grew by 2.75%, while admissions grew by 2.7%..

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

SAT Scores

23.1%

Submission Percentage (2021)

49,082

Scores Submitted (2021)

23.1% of enrolled first-time students at Masters Colleges & Universities: Larger Programs in 2021 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.

Enrollment

Masters Colleges & Universities: Larger Programs had a total enrollment of 3,177,015 students in 2021. The full-time enrollment at Masters Colleges & Universities: Larger Programs is 2,153,522 students and the part-time enrollment is 1,023,493. This means that 67.8% 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 51.5% White, 17.1% Hispanic or Latino, 12.2% Black or African American, 5.74% Asian, 3.53% Two or More Races, 0.548% American Indian or Alaska Native, and 0.289% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Masters Colleges & Universities: Larger Programs in full-time Undergraduate programs are most commonly White Female (30.6%), followed by White Male (21.7%) and Hispanic or Latino Female (11.6%). Students enrolled in full-time Graduate programs are most commonly White Female (35.1%), followed by White Male (15.8%) and Hispanic or Latino Female (9.5%).

Full-Time vs Part-Time Enrollment

67.8%

Full-Time Enrollment

The total enrollment at Masters Colleges & Universities: Larger Programs in 2021, both undergraduate and graduate, is 3,177,015 students. The full-time enrollment at Masters Colleges & Universities: Larger Programs is 2,153,522 and the part-time enrollment is 1,023,493. This means that 67.8% of students enrolled at Masters Colleges & Universities: Larger Programs are enrolled full-time compared with 68.3% 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.

Retention Rate over Time

74%

2021 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 74%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,634,882 enrolled students
Hispanic or Latino
544,487 enrolled students
Black or African American
387,716 enrolled students

The enrolled student population at Masters Colleges & Universities: Larger Programs is 51.5% White, 17.1% Hispanic or Latino, 12.2% Black or African American, 5.74% Asian, 3.53% Two or More Races, 0.548% American Indian or Alaska Native, and 0.289% 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% White, 16.9% Hispanic or Latino, and 12.8% 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, 187,840 students (5.91%) did not report their race.

Graduates

In 2021, 213,480 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 (486,626 degrees awarded). There were 3.62 times more white recipients than the next closest race/ethnicity group, hispanic or latino (134324 degrees).

The most common Bachelor's Degree concentration at Masters Colleges & Universities: Larger Programs is General Business Administration & Management (57,240 degrees awarded), followed by Registered Nursing (45,381 degrees) and General Psychology (34,622 degrees).

In 2021, 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 (1,629 degrees awarded), EDUCATION. (106,467 degrees), and Library Science (1,900 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

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 (1,717,997 people), Secondary school teachers (431,537 people), Education administrators (299,477 people), Social workers, all other (255,638 people), and Other managers (192,715 people).

The most specialized majors at Masters Colleges & Universities: Larger Programs in 2021 are Applied Sciences (1,629 degrees awarded), EDUCATION. (106,467 degrees), Library Science (1,900 degrees), Parks, Recreation, & Leisure (21,034 degrees), and Public Administration and Social Service (24,997 degrees) (as of 2021).

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 Masters Colleges & Universities: Larger Programs are Surgeons, Aircraft pilots & flight engineers, Physicians, Nurse anesthetists, and Cardiovascular technologists and technicians

The most specialized majors at Masters Colleges & Universities: Larger Programs are Applied Sciences (1,629 degrees awarded), EDUCATION. (106,467 degrees), Library Science (1,900 degrees), Parks, Recreation, & Leisure (21,034 degrees), and Public Administration and Social Service (24,997 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

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 (3,033,188 people), Colleges, universities & professional schools, including junior colleges (391,093 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (352,580 people), Individual & family services (255,886 people), and Outpatient care centers (245,751 people).

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 (2021)

General Business Administration & Management
57,240 degree-majors awarded
Registered Nursing
45,381 degree-majors awarded
General Psychology
34,622 degree-majors awarded

In 2021, the most common bachelors degree concentration at Masters Colleges & Universities: Larger Programs was General Business Administration & Management with 57,240 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.

Sex Breakdown for Common Majors

337,573

Degrees Awarded to Men

in 2021

551,053

Degrees Awarded to Women

in 2021

In 2021, 337,573 degrees were awarded to men at Masters Colleges & Universities: Larger Programs, which is 0.613 times less than the number of degrees awarded to females (551,053).

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

Most Common Male Majors

In 2021, 50753 degrees were awarded to men at Masters Colleges & Universities: Larger Programs in General Business Administration & Management, which is 1.02 times more than the 49712 female recipients with that same degree.

Most Common Female Majors

In 2021, 49712 degrees were awarded to men at Masters Colleges & Universities: Larger Programs in General Business Administration & Management, which is 0.979 times less than the 50753 male recipients with that same degree.

Time to Complete

38%

100% Completion Time

56%

150% Completion Time

In 2021, 38% 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, 56% completed their degrees within 150% of the normal time, and 58% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (70.3%)

The student demographic with the highest graduation rate in 2021 at Masters Colleges & Universities: Larger Programs is Female and Asian (70.3% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.9%).

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, 2.35% of graduates (4742 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
486,626 degrees awarded
Hispanic or Latino
134,324 degrees awarded
Black or African American
97,376 degrees awarded

The most common race/ethnicity at Masters Colleges & Universities: Larger Programs is white (486,626 degrees awarded). There were 3.62 times more white recipients than the next closest race/ethnicity group, hispanic or latino (134324 degrees).

5.35% of degree recipients (47,532 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
302,944 degrees awarded
White Male
183,682 degrees awarded
Hispanic or Latino Female
86,578 degrees awarded

The most common race/ethnicity and sex grouping at Masters Colleges & Universities: Larger Programs is white female (302,944 degrees awarded). There were 1.65 times more white female recipients than the next closest race/ethnicity group, white male (183682 degrees).

Operations

Masters Colleges & Universities: Larger Programs has an endowment valued at nearly $63.4M, as of the end of the 2021 fiscal year. The return on its endowment was of 7.89B (12.4k%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Masters Colleges & Universities: Larger Programs had a total salary expenditure of 122M. Masters Colleges & Universities: Larger Programs employs 27,117 Professors, 26,710 Associate professors and 25,347 Assistant professors. Most academics at Masters Colleges & Universities: Larger Programs are Male Professor (16,064), Female Assistant professor (14,599), and Female Associate professor (13,427).

The most common positions for non-instructional staff at Masters Colleges & Universities: Larger Programs are: Office and Administrative Support, with 37,035 employees, Management, with 30,646 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 24,809 employees.

Endowment

$63.4M

2021 Endowment

26.9%

growth from 2020

Masters Colleges & Universities: Larger Programs has an endowment valued at about $63.4M, as of the end of the 2021 fiscal year. The endowment of Masters Colleges & Universities: Larger Programs grew 26.9% from the previous year. The value of their endowment was $13M 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.

Government Grants and Contracts

Grants & Contracts

$2.47B - Federal
$847M - State
$100M - Local

As of 2021, Masters Colleges & Universities: Larger Programs received $2.47B in grants and contracts from the federal government, $847M from state grants and contracts, and $100M from local grants and contracts.

Salary Expenditure

$52.7M

2021 Salaries

1.36%

decline from 2020

In 2021, Masters Colleges & Universities: Larger Programs paid a median of $52.7M in salaries, which represents 43.1% of their overall expenditure ($122M) and a 1.36% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$8.41B

Instructional Salaries

101,265

Number of Employees

In 2021, Masters Colleges & Universities: Larger Programs paid a total of $8.41B to 101,265 employees working as instructors, which represents 34.2% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

27,117 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

37,035 Employees

In 2021, the most common positions for instructional staff at Masters Colleges & Universities: Larger Programs were Professor with 27,117 employees, Associate professor with 26,710 employees, and Assistant professor with 25,347 employees.

In 2021, the most common positions for non-instructional staff at Masters Colleges & Universities: Larger Programs were Office and Administrative Support with 37,035 employees, Management with 30,646 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 24,809 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Assistant professor
Female Associate professor

In 2021, the most common demographic for instructional staff at Masters Colleges & Universities: Larger Programs was Male Professor with 16,064 employees, Female Assistant professor with 14,599 employees, and Female Associate professor with 13,427 employees.

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