Midway University

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2016 Undergraduate Tuition

$23,100

5% growth from 2015

2016 Average Net Price

$23,802

After Financial Aid

2015 Student Loan

8.11%

Default Rate

2016 Acceptance Rate

60.3%

499 Applicants

2016 Enrolled Students

1,194

76% Full-Time

2016 Graduation Rate

52.9%

118 Graduates

About

Midway University is a higher education institution located in Woodford County, KY. In 2016, the most popular Bachelor's Degree concentrations at Midway University were General Business (54 degrees awarded), Health Care Administration & Management (26 degrees), and General Psychology (20 degrees).

In 2016, 260 degrees were awarded across all undergraduate and graduate programs at Midway University. 81.2% of these degrees were awarded to women, and 18.8% awarded men. The majority of degree recipients were white (206 degrees), 9.36 times more than then the next closest race/ethnicity group, black or african american (22 degrees).

The median undergraduate tuition at Midway University is $23,100, which is $2,940 more than the national average for Masters Colleges and Universities ($20,160).

Costs

The median undergraduate tuition at Midway University is $23,100, which is $2,940 more than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $23,802.

In 2016, 73% of undergraduate students received federal grants, while 67% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$23,100

2016 Undergraduate Tuition

In 2016, the cost of tuition at Midway University was $23,100. The cost of tuition at Midway University is $2,940 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

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

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Average Net Price

$23,802

2016 Value

15.9%

1 Year Growth

In 2016 Midway University had an average net price — the price paid after factoring in grants and loans — of $23,802. Between 2015 and 2016, the average net price of Midway University grew by 15.9%.

This chart compares the average net price of Midway 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

$8,000

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Midway University was of $8,000 in 2016. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board did not change between 2015 and 2016. The cost of books and supplies did not change during the same period.

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

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Financial Aid

Financial Aid by Income Level

73%

Of Undergraduates Receive Grants

67%

Of Undergraduates Receive Federal Loans

73% of undergraduate students at Midway University received grants or loans in 2016. This represents a decline of 15.1% with respect to 2015, when 86% of undergraduate students received financial aid.

This chart compares the average award discount at Midway 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.

8.11%

2015 Default Rate

46

Number of Defaults

In 2015 the default rate for borrower's at Midway University was 8.11%, which represents 46 out of the 567 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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Admissions

Midway University received 499 undergraduate applications in 2016, which represents a 25.7% annual growth. Out of those 499 applicants, 301 students were accepted for enrollment, representing a 60.3% acceptance rate.

There were 1,194 students enrolled at Midway University in 2016, and 1% of first-time enrollees submitted SAT scores with their applications.

Midway University has an overall enrollment yield of 42.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

60.3%

Acceptance Rate in 2016

301

Accepted Out of 499

In 2016, the undergraduate acceptance rate of Midway University was 60.3% (301 admissions from 499 applications). This is higher than the acceptance rate of 2015, which was 45.6%. Between 2015 and 2016, the number of applicants grew by 25.7%, while admissions grew by 66.3%.

This chart compares the acceptance rate of Midway University (in red) with that of other similar universities.

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SAT Scores

1%

Submission Percentage

2

Scores Submitted

1% of enrolled first-time students at Midway University in 2016 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

Midway University has a total enrollment of 1,194 students. The full-time enrollment at Midway University is 907 students and the part-time enrollment is 287. This means that 76% of students enrolled at Midway University are enrolled full-time.

The enrolled student population at Midway University, both undergraduate and graduate, is 77.5% White, 9.05% Black or African American, 4.1% Hispanic or Latino, 2.6% Two or More Races, 0.586% Asian, 0.0838% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Midway University in full-time Undergraduate programs are majority White Female (62.2%), followed by White Male (13.6%) and Black or African American Female (4.81%). Students enrolled in full-time Graduate programs are majority White Female (61.4%), followed by White Male (20.9%) and Black or African American Female (6.96%).

Full-Time vs Part-Time Enrollment

76%

Full-Time Enrollment

The total enrollment at Midway University, both undergraduate and graduate, is 1,194 students. The full-time enrollment at Midway University is 907 and the part-time enrollment is 287. This means that 76% of students enrolled at Midway University are enrolled full-time compared with 68.7% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

80%

2016 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 Midway University was 80%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Midway University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    925

  2. Black or African American

    108

  3. Hispanic or Latino

    49

The enrolled student population at Midway University is 77.5% White, 9.05% Black or African American, 4.1% Hispanic or Latino, 2.6% Two or More Races, 0.586% Asian, 0.0838% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native. 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 54.7% White, 14.3% Hispanic or Latino, and 13.3% 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, 31 students (2.6%) did not report their race.

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Graduates

In 2016, 162 more women than men received degrees from Midway University. The majority of degree recipients at Midway University are white (206 degrees awarded). There were 9.36 times more white graduates than the next closest race/ethnicity group, black or african american (22 degrees).

The most common Bachelor's Degree concentration at Midway University is General Business (54 degrees awarded), followed by Health Care Administration & Management (26 degrees) and General Psychology (20 degrees).

The most specialized majors across all degree types at Midway University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Agriculture (14 degrees awarded), Business (102 degrees), and Psychology (20 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 Midway University are Registered nurses (1,357,521 people), Accountants & auditors (1,105,089 people), Miscellaneous managers (842,596 people), Financial managers (440,702 people), and Elementary & middle school teachers (373,595 people).

The most specialized majors at Midway University are Agriculture (14 degrees awarded), Business (102 degrees), Psychology (20 degrees), Parks, Recreation, & Leisure (6 degrees), and Health (78 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 Midway University are Physicians & surgeons, Chief executives & legislators, Military, rank not specified, Lawyers, & judges, magistrates, & other judicial workers, and Securities, commodities, & financial services sales agents

The most specialized majors at Midway University are Agriculture (14 degrees awarded), Business (102 degrees), Psychology (20 degrees), Parks, Recreation, & Leisure (6 degrees), and Health (78 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 Midway University are Hospitals (1,904,415 people), Elementary & secondary schools (945,682 people), Insurance carriers & related activities (652,114 people), Colleges, universities & professional schools, including junior colleges (571,275 people), and Banking & related activities (508,843 people).

The most specialized majors at Midway University are Agriculture (14 degrees awarded), Business (102 degrees), Psychology (20 degrees), Parks, Recreation, & Leisure (6 degrees), and Health (78 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 Midway University.

Most Common

  1. 54 degrees awarded

  2. 26 degrees awarded

  3. 20 degrees awarded

In 2016, the most common bachelors degree concentration at Midway University was General Business with 54 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 49

  2. 211

In 2016, 49 degrees were awarded to men at Midway University, which is 0.232 times less than the number of degrees awarded to females (211).

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

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Most Common Male Majors

In 2016, 20 degrees were awarded to men at Midway University in General Business, which is 0.435 times less than the 46 female recipients with that same degree.

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Most Common Female Majors

In 2016, 46 degrees were awarded to women at Midway University in General Business, which is 2.3 times more than the 20 male recipients with that same degree.

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Time to Complete

24%

100% Completion Time

28%

150% Completion Time

In 2016, 24% of students graduating from Midway University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 28% completed their degrees within 150% of the normal time, and 29% 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 Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Midway University is Female and Two or More Races (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (67.2%).

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, 3.39% of graduates (4 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    206 degrees awarded

  2. Black or African American

    22 degrees awarded

  3. Unknown

    16 degrees awarded

The most common race/ethnicity at Midway University is white (206 degrees awarded). There were 9.36 times more white recipients than the next closest race/ethnicity group, black or african american (22 degrees).

6.15% of degree recipients (16 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    162 degrees awarded

  2. White Male

    44 degrees awarded

  3. Black or African American Female

    19 degrees awarded

The most common race/ethnicity and gender grouping at Midway University is white female (162 degrees awarded). There were 3.68 times more white female recipients than the next closest race/ethnicity group, white male (44 degrees).

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Operations

Midway University has an endowment valued at nearly $27M, as of the end of the 2015 fiscal year. The return on its endowment was of $-76.7k (-0.284%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Midway University had a total expenditure of $18M. Of that $18M, they spent $6.44M on salaries and $18M on benefits.

Midway University employs 12 Assistant professors, 6 Associate professors, and 5 Instructors. Most academics at Midway University are Female Assistant professors (11), Female Instructors(5), and Female Associate professors (5).

The most common positions for non-instructional staff at Midway University are: Management, with 22 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 12 employees, and Office and Administrative Support with 9 employees.

Finances

Endowment

$27M

2015 Endowment

5.18%

decline from 2014

Midway University has an endowment valued at about $27M, as of the end of the 2015 fiscal year. The endowment of Midway University declined 5.18% from the previous year. The value of their endowment was $1.89M 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 Midway University (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. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Midway 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

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$6.44M

Salary Expenditure

$18M

Benefits Expenditure

In 2015, Midway University had a total expenditure of $18M. Of that $18M, they spent $6.44M on salaries and $18M on benefits.

The bar chart shows the share of the primary expenses at Midway University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Midway University as a share of total expenditure.

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Salary Expenditure

$6.44M

2015 Salaries

13.8%

decline from 2014

In 2015, Midway University paid a median of $6.44M in salaries, which represents 35.7% of their overall expenditure ($18M) and a 13.8% decline from the previous year. This is compared to a 23.4% decline from 2013 and a 13.5% decline from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

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Instructional Salaries

$1.84M

Instructional Salaries

32

Number of Employees

In 2015, Midway University paid a total of $1.84M to 32 employees working as instructors, which represents 28.6% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

12 Employees

Management

Most Common Non-Instructional Employee

22 Employees

In 2016, the most common positions for instructional staff at Midway University were Assistant professor with 12 employees; Associate professor with 6 employees; and Associate professor with 5 employees.

In 2016, the most common positions for non-instructional staff at Midway University were Management with 22 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 12 employees; and Office and Administrative Support with 9 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Assistant professor

  2. Female Instructor

  3. Female Associate professor

In 2016, the most common demographic for instructional staff at Midway University was Female Assistant professor with 11 employees, Female Instructor with 5 employees, and Female Associate professor with 5 employees.

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

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