Masters Colleges & Universities: Small Programs

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    2024 Undergraduate Tuition
    $24,062
    5.79% growth from 2023
    2024 Average Net Price
    $20,115
    After Financial Aid
    2024 Acceptance Rate
    74.6%
    322,484 Applicants
    2024 Enrolled Students
    290,536
    73.6% Full-Time
    2024 Graduation Rate
    52.5%
    26,562 Graduates

    About

    Masters Colleges & Universities: Small Programs is a Carnegie Classification grouping of higher education institutions. In 2024, the most popular Bachelor's Degree concentrations at Masters Colleges & Universities: Small Programs were General Business Administration & Management (5,813 degrees awarded), Registered Nursing (4,109 degrees), and General Psychology (3,223 degrees).

    The median undergraduate tuition at Masters Colleges & Universities: Small Programs is $24,062, which is $13,142 more than than the national median of $10,920. The cost of out-of-state tuition is $24,514, which is 102% of the cost for in-state students, and is $9,041 more than than the national median $15,473.

    Masters Colleges and Universities

    Costs

    The median in-state tuition for Masters Colleges & Universities: Small Programs is $24,062, which is $13,062 more than than the national median in-state tuition of $11,000. The cost of out-of-state tuition is $24,514, which is 102% of the cost for in-state students, and is $9,041 more than than the national median out-of-state tuition of $15,473.

    After taking grants and loans into account, the average net price for students is $20,115.

    Tuition Costs

    $24,062
    2024 Undergraduate Tuition

    In 2024, the cost of out-of-state tuition at Masters Colleges & Universities: Small Programs was $24,514, which is 102% of the cost for in-state students, which was $24,062. The cost of out-of-state tuition at Masters Colleges & Universities: Small Programs is $9,041 more than than the overall (public and private) national median of $15,473, and the in-state tuition is $13,062 more than than the overall (public and private) national median $11,000.

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

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    Average Net Price

    $20,115
    2024 Value
    1.24%
    1 Year Growth

    In 2024 Masters Colleges & Universities: Small Programs had an average net price — the price paid after factoring in grants and loans — of $20,115. Between 2023 and 2024, the average net price of Masters Colleges & Universities: Small Programs grew by 1.24%.

    This chart compares the average net price of Masters Colleges & Universities: Small 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

    $10,640
    Room and Board
    $1,240
    Books and Supplies

    The average yearly cost of room and board at Masters Colleges & Universities: Small Programs was of $10,640 in 2024. The cost of room and board increased by 4.75% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,240. The cost of books and supplies increased by 3.33% during the same period.

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

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    Financial Aid by Income Level

    86%
    Undergraduates Receiving Financial Aid through Grants
    49%
    Undergraduates Receiving Financial Aid through Loans

    86% of undergraduate students at Masters Colleges & Universities: Small Programs received financial aid through grants or loans in 2024. This represents a growth of 2.38% with respect to 2023, when 84% of undergraduate students received financial aid.

    This chart compares the average award discount at Masters Colleges & Universities: Small 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: Small Programs received 322,484 undergraduate applications in 2024, which represents a 3.34% annual growth. Out of those 322,484 applicants, 240,705 students were accepted for enrollment, representing a 74.6% acceptance rate.

    There were 290,536 students enrolled at Masters Colleges & Universities: Small Programs in 2024. 18.7% of first-time enrollees submitted SAT scores with their applications.

    Masters Colleges & Universities: Small Programs has an overall enrollment yield of 18.2%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    74.6%
    Acceptance Rate in 2024
    240,705
    Accepted Out of 322,484

    In 2024, the undergraduate acceptance rate of Masters Colleges & Universities: Small Programs was 74.6% (240,705 admissions from 322,484 applications). This is higher than the acceptance rate of 2023, which was 74%. Between 2023 and 2024, the number of applicants grew by 3.34%, while admissions grew by 4.18%.

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

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    SAT Scores

    18.7%
    Submission Percentage (2024)
    6,483
    Scores Submitted (2024)

    18.7% of enrolled first-time students at Masters Colleges & Universities: Small Programs in 2024 submitted SAT scores with their applications.

    The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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    Enrollment

    Masters Colleges & Universities: Small Programs had a total enrollment of 290,536 students in 2024. The full-time enrollment at Masters Colleges & Universities: Small Programs is 213,979 students and the part-time enrollment is 76,557. This means that 73.6% of students enrolled at Masters Colleges & Universities: Small Programs are enrolled full-time.

    The enrolled student population at Masters Colleges & Universities: Small Programs, both undergraduate and graduate, is 53% White, 15.2% Black or African American, 14.5% Hispanic or Latino, 3.62% Two or More Races, 3.17% Asian, 0.853% American Indian or Alaska Native, and 0.209% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Masters Colleges & Universities: Small Programs in full-time Undergraduate programs are most commonly White Female (31.2%), followed by White Male (22.8%) and Hispanic or Latino Female (9.27%). Students enrolled in full-time Graduate programs are most commonly White Female (32.9%), followed by White Male (16.3%) and Hispanic or Latino Female (9.6%).

    Full-Time vs Part-Time Enrollment

    73.6%
    Full-Time Enrollment

    The total enrollment at Masters Colleges & Universities: Small Programs in 2024, both undergraduate and graduate, is 290,536 students. The full-time enrollment at Masters Colleges & Universities: Small Programs is 213,979 and the part-time enrollment is 76,557. This means that 73.6% of students enrolled at Masters Colleges & Universities: Small Programs are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

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

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    Retention Rate over Time

    72%
    2024 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: Small Programs was 72%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Masters Colleges & Universities: Small Programs had a retention rate lower than its peers.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      154,002 enrolled students
    2. Black or African American
      44,242 enrolled students
    3. Hispanic or Latino
      42,269 enrolled students

    The enrolled student population at Masters Colleges & Universities: Small Programs is 53% White, 15.2% Black or African American, 14.5% Hispanic or Latino, 3.62% Two or More Races, 3.17% Asian, 0.853% American Indian or Alaska Native, and 0.209% 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 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 16,524 students (5.69%) did not report their race.

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    Graduates

    In 2024, 16,688 more women than men received degrees from Masters Colleges & Universities: Small Programs. The most common race/ethnicity group of degree recipients at Masters Colleges & Universities: Small Programs is white (39,550 degrees awarded). There were 4.16 times more white recipients than the next closest race/ethnicity group, hispanic or latino (9,516 degrees).

    The most common Bachelor's Degree concentration at Masters Colleges & Universities: Small Programs is General Business Administration & Management (3,962 degrees awarded), followed by Registered Nursing (3,558 degrees) and General Psychology (3,173 degrees).

    In 2024,  the most specialized majors across all degree types at Masters Colleges & Universities: Small Programs, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (1,312 degrees awarded), Parks, Recreation, & Leisure (2,323 degrees), and Visual & Performing Arts (3,950 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: Small Programs are Elementary & middle school teachers (1,556,945 people), Secondary school teachers (525,320 people), Education administrators (278,902 people), Other managers (208,610 people), and Special education teachers (203,858 people).

    The most specialized majors at Masters Colleges & Universities: Small Programs in 2024 are Theology (1,312 degrees awarded), Parks, Recreation, & Leisure (2,323 degrees), Visual & Performing Arts (3,950 degrees), Education (7,491 degrees), and Architecture and Related Services (420 degrees) (as of 2024).

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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 Masters Colleges & Universities: Small Programs are Surgeons, Physicians, Nuclear medicine technologists and medical dosimetrists, Magnetic resonance imaging technologists, and Gaming services workers

    The most specialized majors at Masters Colleges & Universities: Small Programs are Theology (1,312 degrees awarded), Parks, Recreation, & Leisure (2,323 degrees), Visual & Performing Arts (3,950 degrees), Education (7,491 degrees), and Architecture and Related Services (420 degrees) (as of 2024).

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    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: Small Programs are Elementary & secondary schools (2,880,202 people), Colleges, universities & professional schools, including junior colleges (377,273 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (225,777 people), Architectural, engineering & related services (196,098 people), and Construction (162,359 people).

    The most specialized majors at Masters Colleges & Universities: Small Programs are Theology (1,312 degrees awarded), Parks, Recreation, & Leisure (2,323 degrees), Visual & Performing Arts (3,950 degrees), Education (7,491 degrees), and Architecture and Related Services (420 degrees) (as of 2024).

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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 Masters Colleges & Universities: Small Programs.
    Most Common (2024)
    1. Aesthetician & Skin Care Specialist
      96 degrees awarded
    2. Licensed Practical & Vocational Nurse Training
      73 degrees awarded
    3. Teacher Education & Professional Development
      72 degrees awarded

    In 2024, the most common 1 to 2 year postsecondary certificate concentration at Masters Colleges & Universities: Small Programs was Aesthetician & Skin Care Specialist with 96 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Masters Colleges & Universities: Small Programs according to their major.

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    Sex Breakdown for Common Majors

    25,096
    Degrees Awarded to Men
    in 2024
    41,784
    Degrees Awarded to Women
    in 2024

    In 2024, 25,096 degrees were awarded to men at Masters Colleges & Universities: Small Programs, which is 0.601 times less than the number of degrees awarded to females (41,784).

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

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    Most Common Male Majors

    In 2024, 3,188 degrees were awarded to men at Masters Colleges & Universities: Small Programs in General Business Administration & Management, which is 1.21 times more than the 2,625 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 3,554 degrees were awarded to men at Masters Colleges & Universities: Small Programs in Registered Nursing, which is 6.4 times more than the 555 male recipients with that same degree.

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    Time to Complete

    38%
    100% Completion Time
    49%
    150% Completion Time

    In 2024, 38% of students graduating from Masters Colleges & Universities: Small Programs completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 49% completed their degrees within 150% of the normal time, and 50% 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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    Graduation Rate by Race and Sex

    Showing demographic groups with ≥ 5 graduating students.
    Asian Female
    Highest Graduation Rate (67.4%)

    The student demographic with the highest graduation rate in 2024 at Masters Colleges & Universities: Small Programs is Female and Asian (67.4% graduation rate). Across all Masters Colleges and Universities, 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.

    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, 2.78% of graduates (738 students) did not report their race.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      39,550 degrees awarded
    2. Hispanic or Latino
      9,516 degrees awarded
    3. Black or African American
      7,820 degrees awarded

    The most common race/ethnicity at Masters Colleges & Universities: Small Programs is white (39,550 degrees awarded). There were 4.16 times more white recipients than the next closest race/ethnicity group, hispanic or latino (9,516 degrees).

    3.69% of degree recipients (2,470 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      34,911 degrees awarded
    2. White Female
      34,530 degrees awarded
    3. White Female
      33,927 degrees awarded

    The most common race/ethnicity and sex grouping at Masters Colleges & Universities: Small Programs is white female (34,911 degrees awarded). There were 1.01 times more white female recipients than the next closest race/ethnicity group, white female (34,530 degrees).

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    Operations

    Masters Colleges & Universities: Small Programs has an endowment valued at nearly $34.4M, as of the end of the 2024 fiscal year. The return on its endowment was of 812M (2.36k%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

    In 2024, Masters Colleges & Universities: Small Programs had a total salary expenditure of 42.3M. Masters Colleges & Universities: Small Programs employs 3,552 Assistant professors, 3,349 Professors and 3,232 Associate professors. Most academics at Masters Colleges & Universities: Small Programs are Female Assistant professor (2,059), Male Professor (2,001), and Male Associate professor (1,642).

    The most common positions for non-instructional staff at Masters Colleges & Universities: Small Programs are: Management, with 5,047 employees, Office and Administrative Support, with 4,386 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 4,383 employees.

    Endowment

    $34.4M
    2024 Endowment
    15.8%
    growth from 2023

    Masters Colleges & Universities: Small Programs has an endowment valued at about $34.4M, as of the end of the 2024 fiscal year. The endowment of Masters Colleges & Universities: Small Programs grew 15.8% from the previous year. The value of their endowment was $11.5M lower 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: Small 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: Small Programs Carnegie Classification grouping.

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    Government Grants and Contracts

    Grants & Contracts
    1. $491M - Federal
    2. $131M - State
    3. $6.88M - Local

    As of 2024, Masters Colleges & Universities: Small Programs received $491M in grants and contracts from the federal government, $131M from state grants and contracts, and $6.88M from local grants and contracts.

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    Salary Expenditure

    $17.8M
    2024 Salaries
    13.3%
    growth from 2023

    In 2024, Masters Colleges & Universities: Small Programs paid a median of $17.8M in salaries, which represents 42% of their overall expenditure ($42.3M) and a 13.3% growth from the previous year. This is compared to a 2.15% growth between 2022 and 2023, and a 1.27% decline between 2021 and 2022.

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    Instructional Salaries

    $921M
    Instructional Salaries
    11,844
    Number of Employees

    In 2024, Masters Colleges & Universities: Small Programs paid a total of $921M to 11,844 employees working as instructors, which represents 28.6% of all salaries paid.

    This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Masters Colleges & Universities: Small Programs were Management with 5,047 employees, Office and Administrative Support with 4,386 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 4,383 employees.

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