Paine College

www.paine.edu

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2020 Undergraduate Tuition

$12,705

10.6% growth from 2019

2020 Average Net Price

$14,699

After Financial Aid

2018 Student Loan

24%

Default Rate

2020 Acceptance Rate

75%

2,403 Applicants

2020 Enrolled Students

189

82% Full-Time

2020 Graduation Rate

7.84%

16 Graduates

About

Paine College is a higher education institution located in Richmond County, GA. In 2016, the most popular Bachelor's Degree concentrations at Paine College were General Business Administration & Management (8 degrees awarded), General Psychology (5 degrees), and Sociology (5 degrees).

In 2020, 28 degrees were awarded across all undergraduate and graduate programs at Paine College. 50% of these degrees were awarded to women, and 50% awarded men. The most common race/ethnicity group of degree recipients was black or african american (27 degrees), 27 times more than then the next closest race/ethnicity group, hispanic or latino (1 degrees).

The median undergraduate tuition at Paine College is $12,705, which is $−15,695 less than the national average for Baccalaureate Colleges ($28,400).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at Paine College is $12,705, which is $−15,695 less than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $14,699.

In 2020, 98% of undergraduate students attending Paine College received financial aid through grants. Comparatively, 87% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$12,705

2020 Undergraduate Tuition

In 2020, the cost of tuition at Paine College was $12,705. The cost of tuition at Paine College is $−15,695 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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

Average Net Price

$14,699

2020 Value

15.9%

1 Year Growth

In 2020 Paine College had an average net price — the price paid after factoring in grants and loans — of $14,699. Between 2019 and 2020, the average net price of Paine College grew by 15.9%.

This chart compares the average net price of Paine College (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

$6,662

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Paine College was of $6,662 in 2020. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board did not change between 2019 and 2020. The cost of books and supplies did not change during the same period.

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

Financial Aid

Financial Aid by Income Level

98%

Undergraduates Receiving Financial Aid through Grants

87%

Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at Paine College received financial aid through grants or loans in 2020. This represents a decline of 1.01% with respect to 2019, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Paine College (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.

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.

24%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Paine College was 24%, which represents 55 out of the 229 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.

Admissions

Paine College received 2,403 undergraduate applications in 2020, which represents a 24% annual decline. Out of those 2,403 applicants, 1,802 students were accepted for enrollment, representing a 75% acceptance rate.

There were 189 students enrolled at Paine College in 2020, and 55% of first-time enrollees submitted SAT scores with their applications.

Paine College has an overall enrollment yield of 1.22%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75%

Acceptance Rate in 2020

1,802

Accepted Out of 2,403

In 2020, the undergraduate acceptance rate of Paine College was 75% (1,802 admissions from 2,403 applications). This is higher than the acceptance rate of 2019, which was 64.9%. Between 2019 and 2020, the number of applicants declined by −24%, while admissions declined by −12.2%.

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

SAT Scores

55%

Submission Percentage

Scores Submitted

55% of enrolled first-time students at Paine College 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.

Enrollment

Paine College has a total enrollment of 189 students. The full-time enrollment at Paine College is 155 students and the part-time enrollment is 34. This means that 82% of students enrolled at Paine College are enrolled full-time.

The enrolled student population at Paine College, both undergraduate and graduate, is 92.6% Black or African American, 2.65% Hispanic or Latino, 2.65% Two or More Races, 0.529% American Indian or Alaska Native, 0.529% White, 0% Asian, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Paine College in full-time Undergraduate programs are most commonly Black or African American Female (51.6%), followed by Black or African American Male (42.6%) and Hispanic or Latino Male (1.29%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

82%

Full-Time Enrollment

The total enrollment at Paine College, both undergraduate and graduate, is 189 students. The full-time enrollment at Paine College is 155 and the part-time enrollment is 34. This means that 82% of students enrolled at Paine College are enrolled full-time compared with 80.1% at similar Baccalaureate Colleges.

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

Retention Rate over Time

18%

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 Paine College was 18%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Paine College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

Black or African American
175
Hispanic or Latino
5
Two or More Races
5

The enrolled student population at Paine College is 92.6% Black or African American, 2.65% Hispanic or Latino, 2.65% Two or More Races, 0.529% American Indian or Alaska Native, 0.529% White, 0% Asian, and 0% 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 Baccalaureate Colleges is 54.8% White, 13.8% Black or African American, and 13.4% Hispanic or Latino.

Graduates

In 2020, 0 more women than men received degrees from Paine College. The most common race/ethnicity group of degree recipients at Paine College is black or african american (27 degrees awarded). There were 27 times more black or african american graduates than the next closest race/ethnicity group, hispanic or latino (1 degrees).

The most common Bachelor's Degree concentration at Paine College is General Business Administration & Management (8 degrees awarded), followed by General Psychology (5 degrees) and Sociology (5 degrees).

The most specialized majors across all degree types at Paine College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are History (3 degrees awarded), English (2 degrees), and Psychology (5 degrees).

Workforce

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Paine College are Lawyers, & judges, magistrates, & other judicial workers (529,866 people), Other managers (441,946 people), Elementary & middle school teachers (432,499 people), Postsecondary teachers (260,963 people), and Chief executives & legislators (196,880 people).

The most specialized majors at Paine College are History (3 degrees awarded), English (2 degrees), Psychology (5 degrees), Communications (3 degrees), and Social Sciences (5 degrees).

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 Paine College are Surgeons, Nuclear medicine technologists and medical dosimetrists, Clinical and counseling psychologists, Computer hardware engineers, and Entertainers & performers, sports & related workers, all other

The most specialized majors at Paine College are History (3 degrees awarded), English (2 degrees), Psychology (5 degrees), Communications (3 degrees), and Social Sciences (5 degrees).

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 Paine College are Elementary & secondary schools (994,198 people), Colleges, universities & professional schools, including junior colleges (638,715 people), Legal services (437,982 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (369,154 people), and Computer Systems Design (315,596 people).

The most specialized majors at Paine College are History (3 degrees awarded), English (2 degrees), Psychology (5 degrees), Communications (3 degrees), and Social Sciences (5 degrees).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Paine College.

Most Common

General Business Administration & Management
8 degree-majorss awarded
General Psychology
5 degree-majorss awarded
Sociology
5 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Paine College was General Business Administration & Management with 8 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Paine College according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 14 degrees were awarded to men at Paine College, which is 1 times approximately the same the number of degrees awarded to females (14).

This chart displays the sex disparity between the top 5 majors at Paine College by degrees awarded.

Most Common Male Majors

In 2020, 5 degrees were awarded to men at Paine College in General Business Administration & Management, which is 1.67 times more than the 3 female recipients with that same degree.

Most Common Female Majors

In 2020, 4 degrees were awarded to women at Paine College in Sociology, which is 4 times more than the 1 male recipients with that same degree.

Time to Complete

15%

100% Completion Time

27%

150% Completion Time

In 2020, 15% of students graduating from Paine College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 27% 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 Baccalaureate Colleges 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.

Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (50%)

The student demographic with the highest graduation rate at Paine College is Female and American Indian or Alaska Native (50% graduation rate). Across all Baccalaureate Colleges, 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, 6.25% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

Black or African American
27 degrees awarded
Hispanic or Latino
1 degrees awarded
Asian
0 degrees awarded

The most common race/ethnicity at Paine College is black or african american (27 degrees awarded). There were 27 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

Black or African American Male
14 degrees awarded
Black or African American Female
13 degrees awarded
Hispanic or Latino Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Paine College is black or african american male (14 degrees awarded). There were 1.08 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (13 degrees).

Operations

Paine College has an endowment valued at nearly $12.3M, as of the end of the 2020 fiscal year. The return on its endowment was of $376k (3.07%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Paine College had a total salary expenditure of $15.3M. Paine College employs 19 Assistant professors, 6 Instructors, and 4 Associate professors. Most academics at Paine College are Male Assistant professors (12), Female Assistant professors(7), and Male Associate professors (4).

The most common positions for non-instructional staff at Paine College are: Office and Administrative Support, with 17 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 16 employees, and Management with 14 employees.

Finances

Endowment

$12.3M

2020 Endowment

1.11%

growth from 2019

Paine College has an endowment valued at about $12.3M, as of the end of the 2020 fiscal year. The endowment of Paine College grew 1.11% from the previous year. The value of their endowment was $27.6M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Paine College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$4.96M - Federal
$0 - State
$0 - Local

As of 2020, Paine College received $4.96M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$5.5M

2020 Salaries

10.1%

decline from 2019

In 2020, Paine College paid a median of $5.5M in salaries, which represents 35.9% of their overall expenditure ($15.3M) and a 10.1% decline from the previous year. This is compared to a 18.3% growth from 2018 and a 29.3% decline from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

Instructional Salaries

$848k

Instructional Salaries

Number of Employees

In 2020, Paine College paid a total of $848k to 31 employees working as instructors, which represents 15.4% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

19 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

17 Employees

In 2020, the most common positions for instructional staff at Paine College were Assistant professor with 19 employees; Instructor with 6 employees; and Instructor with 4 employees.

In 2020, the most common positions for non-instructional staff at Paine College were Office and Administrative Support with 17 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 16 employees; and Management with 14 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Assistant professor
Female Assistant professor
Male Associate professor

In 2020, the most common demographic for instructional staff at Paine College was Male Assistant professor with 12 employees, Female Assistant professor with 7 employees, and Male Associate professor with 4 employees.

This chart shows the sex split between each academic rank present at Paine College.

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