Park University

www.park.edu

2024 Undergraduate Tuition

$11,018

7.47% growth from 2023

2024 Average Net Price

$19,519

After Financial Aid

2023 Default Rate

0.474%

on Student Loans

2017 Acceptance Rate

69%

1,922 Applicants

2024 Enrolled Students

5,736

46.8% Full-Time

2024 Graduation Rate

36.9%

76 Graduates

Costs

In 2024, the median undergraduate tuition at Park University is $11,018, which is $12,982 less than the national average for Masters Colleges and Universities ($24,000).

After taking grants and loans into account, the average net price for students is $19,519.

In 2024, 59% of undergraduate students attending Park University received financial aid through grants. Comparatively, 31% of undergraduate students received financial aid through loans.

Tuition Costs

$11,018

2024 Undergraduate Tuition

In 2024, the cost of tuition at Park University was $11,018. The cost of tuition at Park University is $−12,982 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$19,519

2024 Value

24.8%

1 Year Growth

In 2024 Park University had an average net price — the price paid after factoring in grants and loans — of $19,519. Between 2023 and 2024, the average net price of Park University grew by 24.8%.

This chart compares the average net price of Park 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.

Other Student Expenses

$10,089

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Park University was of $10,089 in 2024. The cost of room and board increased by 28.3% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies decreased by 19.2% during the same period.

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

Financial Aid by Income Level

59%

Undergraduates Receiving Financial Aid through Grants

31%

Undergraduates Receiving Financial Aid through Loans

59% of undergraduate students at Park University received financial aid through grants or loans in 2024. This represents a growth of 7.27% with respect to 2023, when 55% of undergraduate students received financial aid.

This chart compares the average award discount at Park 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.

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.

0.474%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Park University was 0.474%, which represents 8 out of the 1686 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.

Enrollment

Park University had a total enrollment of 5,736 students in 2024. The full-time enrollment at Park University is 2,682 students and the part-time enrollment is 3,054. This means that 46.8% of students enrolled at Park University are enrolled full-time.

The enrolled student population at Park University, both undergraduate and graduate, is 37.2% White, 22.1% Hispanic or Latino, 18.3% Black or African American, 8.07% Two or More Races, 2.63% Asian, 0.854% Native Hawaiian or Other Pacific Islanders, and 0.523% American Indian or Alaska Native.

Students enrolled at Park University in full-time Undergraduate programs are most commonly White Male (20.9%), followed by White Female (20.6%) and Hispanic or Latino Female (12%). Students enrolled in full-time Graduate programs are most commonly White Female (18.2%), followed by White Male (9.61%) and Black or African American Female (9.36%).

Full-Time vs Part-Time Enrollment

46.8%

Full-Time Enrollment

The total enrollment at Park University in 2024, both undergraduate and graduate, is 5,736 students. The full-time enrollment at Park University is 2,682 and the part-time enrollment is 3,054. This means that 46.8% of students enrolled at Park University 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 Park University (in red) compares to similar universities.

Retention Rate over Time

58%

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 Park University was 58%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Park University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
2,132 enrolled students
Hispanic or Latino
1,266 enrolled students
Black or African American
1,049 enrolled students

The enrolled student population at Park University is 37.2% White, 22.1% Hispanic or Latino, 18.3% Black or African American, 8.07% Two or More Races, 2.63% Asian, 0.854% Native Hawaiian or Other Pacific Islanders, and 0.523% 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 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, 83 students (1.45%) did not report their race.

Operations

Park University has an endowment valued at nearly $59.6M, as of the end of the 2024 fiscal year. The return on its endowment was of 6.18M (10.4%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Park University had a total salary expenditure of 74.6M. Park University employs 33 Associate professors, 30 Assistant professors and 16 Professors. Most academics at Park University are Female Assistant professor (23), Female Associate professor (19), and Male Associate professor (14).

The most common positions for non-instructional staff at Park University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 99 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 40 employees, and Business and Financial Operations with 36 employees.

Endowment

$59.6M

2024 Endowment

4.77%

growth from 2023

Park University has an endowment valued at about $59.6M, as of the end of the 2024 fiscal year. The endowment of Park University grew 4.77% from the previous year. The value of their endowment was $13.7M 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 Park 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: Larger Programs Carnegie Classification grouping.

Salary Expenditure

$33.3M

2024 Salaries

1.41%

decline from 2023

In 2024, Park University paid a median of $33.3M in salaries, which represents 44.6% of their overall expenditure ($74.6M) and a 1.41% decline from the previous year. This is compared to a 12.4% decline between 2022 and 2023, and a 3.75% decline between 2021 and 2022.

Instructional Salaries

$5.58M

Instructional Salaries

Number of Employees

In 2024, Park University paid a total of $5.58M to 79 employees working as instructors, which represents 16.8% of all salaries paid.

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

Occupations by Share

In 2024, the most common positions for non-instructional staff at Park University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 99 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 40 employees, and Business and Financial Operations with 36 employees.

Park University

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Park University

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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