Paine College

www.paine.edu

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2023 Undergraduate Tuition

$12,706

2023 Average Net Price

$17,048

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

83.4%

2,253 Applicants

2023 Enrolled Students

344

88.4% Full-Time

2023 Graduation Rate

21.7%

18 Graduates

About

Paine College is a higher education institution located in Richmond County, GA. In 2023, the most popular Bachelors Degree concentrations at Paine College were General Business Administration & Management (14 degrees awarded), General Psychology (3 degrees), and Sociology (2 degrees).

In 2023, 22 degrees were awarded across all undergraduate and graduate programs at Paine College. 54.5% of these degrees were awarded to women, and 45.5% awarded men. The most common race/ethnicity group of degree recipients was black or african american (19 degrees), 9.5 times more than then the next closest race/ethnicity group, hispanic or latino (2 degrees).

The median undergraduate tuition at Paine College is $12,706, which is $−16,574 less than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Paine College was 0%, corresponding to 0 out of the 232 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Paine College is $12,706, which is $16,574 less than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $17,048.

In 2023, 99% of undergraduate students attending Paine College received financial aid through grants. Comparatively, 74% of undergraduate students received financial aid through loans.

Tuition Costs

$12,706

2023 Undergraduate Tuition

In 2023, the cost of tuition at Paine College was $12,706. The cost of tuition at Paine College is $−16,574 less than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$17,048

2023 Value

7.38%

1 Year Growth

In 2023 Paine College had an average net price — the price paid after factoring in grants and loans — of $17,048. Between 2022 and 2023, the average net price of Paine College grew by 7.38%.

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

$7,512

Room and Board

$2,500

Books and Supplies

The average yearly cost of room and board at Paine College was of $7,512 in 2023. The cost of room and board did not change between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $2,500. 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 by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

74%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Paine College received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Paine College was 0%, which represents 0 out of the 232 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 2,253 undergraduate applications in 2023, which represents a 31.8% annual growth. Out of those 2,253 applicants, 1,878 students were accepted for enrollment, representing a 83.4% acceptance rate.

There were 344 students enrolled at Paine College in 2023. 55% of first-time enrollees submitted SAT scores with their applications.

Paine College has an overall enrollment yield of 6.39%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

83.4%

Acceptance Rate in 2023

1,878

Accepted Out of 2,253

In 2023, the undergraduate acceptance rate of Paine College was 83.4% (1,878 admissions from 2,253 applications). This is higher than the acceptance rate of 2022, which was 51.5%. Between 2022 and 2023, the number of applicants declined by 31.8%, while admissions grew by 10.4%.

This chart compares the acceptance rate of Paine College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

55%

Submission Percentage (2020)

Scores Submitted (2020)

55% of enrolled first-time students at Paine College in 2020 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.

Enrollment

Paine College had a total enrollment of 344 students in 2023. The full-time enrollment at Paine College is 304 students and the part-time enrollment is 40. This means that 88.4% of students enrolled at Paine College are enrolled full-time.

The enrolled student population at Paine College, both undergraduate and graduate, is 85.8% Black or African American, 3.2% Hispanic or Latino, 3.2% Two or More Races, 1.74% White, and 0.291% American Indian or Alaska Native.

Students enrolled at Paine College in full-time Undergraduate programs are most commonly Black or African American Female (48.4%), followed by Black or African American Male (34.7%) and Hispanic or Latino Female (2.08%).

Full-Time vs Part-Time Enrollment

88.4%

Full-Time Enrollment

The total enrollment at Paine College in 2023, both undergraduate and graduate, is 344 students. The full-time enrollment at Paine College is 304 and the part-time enrollment is 40. This means that 88.4% of students enrolled at Paine College are enrolled full-time compared with 78.8% 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

54%

2023 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 54%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), 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 (2023)

Black or African American
295 enrolled students
Hispanic or Latino
11 enrolled students
Two or More Races
11 enrolled students

The enrolled student population at Paine College is 85.8% Black or African American, 3.2% Hispanic or Latino, 3.2% Two or More Races, 1.74% White, and 0.291% 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 Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 7 students (2.03%) did not report their race.

Graduates

In 2023, 2 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 (19 degrees awarded). There were 9.5 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (2 degrees).

The most common Bachelor's Degree concentration at Paine College is General Business Administration & Management (14 degrees awarded), followed by General Psychology (3 degrees) and Sociology (2 degrees).

In 2023, 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 English (1 degrees awarded), Business (14 degrees), and Psychology (3 degrees).

Common Jobs by Major

Other managers

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 Other managers (1,161,312 people), Accountants & auditors (1,122,512 people), Financial managers (648,458 people), Lawyers, & judges, magistrates, & other judicial workers (629,385 people), and Chief executives & legislators (585,838 people).

The most specialized majors at Paine College in 2023 are English (1 degrees awarded), Business (14 degrees), Psychology (3 degrees), Social Sciences (2 degrees), and Communications (1 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

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 Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Paine College are English (1 degrees awarded), Business (14 degrees), Psychology (3 degrees), Social Sciences (2 degrees), and Communications (1 degrees) (as of 2023).

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 (931,899 people), Colleges, universities & professional schools, including junior colleges (739,764 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (734,851 people), Legal services (391,741 people), and Computer Systems Design (360,177 people).

The most specialized majors at Paine College are English (1 degrees awarded), Business (14 degrees), Psychology (3 degrees), Social Sciences (2 degrees), and Communications (1 degrees) (as of 2023).

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 (2023)

General Business Administration & Management
14 degrees awarded
General Psychology
3 degrees awarded
Sociology
2 degrees awarded

In 2023, the most common bachelors degree concentration at Paine College was General Business Administration & Management with 14 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 2023

Degrees Awarded to Women

in 2023

In 2023, 10 degrees were awarded to men at Paine College, which is 0.833 times less than the number of degrees awarded to females (12).

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

Most Common Male Majors

In 2023, 9 degrees were awarded to men at Paine College in General Business Administration & Management, which is 1.8 times more than the 5 female recipients with that same degree.

Most Common Female Majors

In 2023, 5 degrees were awarded to men at Paine College in General Business Administration & Management, which is 0.556 times less than the 9 male recipients with that same degree.

Time to Complete

100% Completion Time

150% Completion Time

In 2023, 5% of students graduating from Paine College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 8% completed their degrees within 150% of the normal time, and 10% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Paine College is Female and Hispanic or Latino (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

Black or African American
19 degrees awarded
Hispanic or Latino
2 degrees awarded

The most common race/ethnicity at Paine College is black or african american (19 degrees awarded). There were 9.5 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (2 degrees).

4.55% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Black or African American Female
11 degrees awarded
Black or African American Male
8 degrees awarded
Hispanic or Latino Male
2 degrees awarded

The most common race/ethnicity and sex grouping at Paine College is black or african american female (11 degrees awarded). There were 1.38 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (8 degrees).

Operations

Paine College has an endowment valued at nearly $11.9M, as of the end of the 2023 fiscal year. The return on its endowment was of 915k (7.69%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Paine College had a total salary expenditure of 12.3M. Paine College employs 11 Assistant professors, 6 Instructors and 3 Associate professors. Most academics at Paine College are Female Assistant professor (6), Male Assistant professor (5), and Female Instructor (4).

The most common positions for non-instructional staff at Paine College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 20 employees, Management, with 13 employees, and Office and Administrative Support with 12 employees.

Endowment

$11.9M

2023 Endowment

1.24%

decline from 2022

Paine College has an endowment valued at about $11.9M, as of the end of the 2023 fiscal year. The endowment of Paine College declined 1.24% from the previous year. The value of their endowment was $39.5M 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.

Salary Expenditure

$4.37M

2023 Salaries

13.1%

growth from 2022

In 2023, Paine College paid a median of $4.37M in salaries, which represents 35.5% of their overall expenditure ($12.3M) and a 13.1% growth from the previous year. This is compared to a 36.3% growth between 2021 and 2022, and a 48.4% decline between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$746k

Instructional Salaries

Number of Employees

In 2023, Paine College paid a total of $746k to 22 employees working as instructors, which represents 17.1% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

11 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

20 Employees

In 2023, the most common positions for instructional staff at Paine College were Assistant professor with 11 employees, Instructor with 6 employees, and Associate professor with 3 employees.

In 2023, the most common positions for non-instructional staff at Paine College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 20 employees, Management with 13 employees, and Office and Administrative Support with 12 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Assistant professor
Female Instructor

In 2023, the most common demographic for instructional staff at Paine College was Female Assistant professor with 6 employees, Male Assistant professor with 5 employees, and Female Instructor with 4 employees.

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

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