Providence College

www.providence.edu/

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2020 Undergraduate Tuition

$53,440

3.79% growth from 2019

2020 Average Net Price

$37,284

After Financial Aid

2018 Student Loan

1.87%

Default Rate

2020 Acceptance Rate

53.9%

10,817 Applicants

2020 Enrolled Students

4,821

89% Full-Time

2020 Graduation Rate

85%

875 Graduates

About

Providence College is a higher education institution located in Providence County, RI. In 2020, the most popular Bachelor's Degree concentrations at Providence College were General Finance (184 degrees awarded), General Marketing & Marketing Management (124 degrees), and General Biological Sciences (86 degrees).

In 2020, 1,428 degrees were awarded across all undergraduate and graduate programs at Providence College. 56.3% of these degrees were awarded to women, and 43.7% awarded men. The most common race/ethnicity group of degree recipients was white (1,133 degrees), 9.68 times more than then the next closest race/ethnicity group, hispanic or latino (117 degrees).

The median undergraduate tuition at Providence College is $53,440, which is $30,910 more than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Providence College is $53,440, which is $30,910 more than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $37,284.

In 2020, 71% of undergraduate students attending Providence College received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Tuition Costs

$53,440

2020 Undergraduate Tuition

In 2020, the cost of tuition at Providence College was $53,440. The cost of tuition at Providence College is $30,910 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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

Average Net Price

$37,284

2020 Value

4.16%

1 Year Growth

In 2020 Providence College had an average net price — the price paid after factoring in grants and loans — of $37,284. Between 2019 and 2020, the average net price of Providence College grew by 4.16%.

This chart compares the average net price of Providence 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

$13,670

Room and Board

$1,100

Books and Supplies

The average yearly cost of room and board at Providence College was of $13,670 in 2020. During the same period, the average yearly cost of books and supplies was $1,100. The cost of room and board increased by 1.64% between 2019 and 2020. The cost of books and supplies increased by 4.76% during the same period.

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

Financial Aid by Income Level

71%

Undergraduates Receiving Financial Aid through Grants

53%

Undergraduates Receiving Financial Aid through Loans

71% of undergraduate students at Providence College received financial aid through grants or loans in 2020. This represents a growth of 7.58% with respect to 2019, when 66% of undergraduate students received financial aid.

This chart compares the average award discount at Providence 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.

1.87%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Providence College was 1.87%, which represents 16 out of the 857 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

Providence College received 10,817 undergraduate applications in 2020, which represents a 5.76% annual decline. Out of those 10,817 applicants, 5,826 students were accepted for enrollment, representing a 53.9% acceptance rate.

There were 4,821 students enrolled at Providence College in 2020, and 44% of first-time enrollees submitted SAT scores with their applications.

Providence College has an overall enrollment yield of 17.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

53.9%

Acceptance Rate in 2020

5,826

Accepted Out of 10,817

In 2020, the undergraduate acceptance rate of Providence College was 53.9% (5,826 admissions from 10,817 applications). This is higher than the acceptance rate of 2019, which was 47.5%. Between 2019 and 2020, the number of applicants declined by −5.76%, while admissions grew by 6.96%.

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

SAT Scores

44%

Submission Percentage

441

Scores Submitted

44% of enrolled first-time students at Providence 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

Providence College has a total enrollment of 4,821 students. The full-time enrollment at Providence College is 4,293 students and the part-time enrollment is 528. This means that 89% of students enrolled at Providence College are enrolled full-time.

The enrolled student population at Providence College, both undergraduate and graduate, is 76.9% White, 9.67% Hispanic or Latino, 3.65% Black or African American, 2.28% Two or More Races, 1.58% Asian, 0.27% Native Hawaiian or Other Pacific Islanders, and 0.104% American Indian or Alaska Native.

Students enrolled at Providence College in full-time Undergraduate programs are most commonly White Female (41.1%), followed by White Male (36.1%) and Hispanic or Latino Female (6.54%). Students enrolled in full-time Graduate programs are most commonly White Female (42.1%), followed by White Male (34.4%) and Hispanic or Latino Female (5.13%).

Full-Time vs Part-Time Enrollment

89%

Full-Time Enrollment

The total enrollment at Providence College, both undergraduate and graduate, is 4,821 students. The full-time enrollment at Providence College is 4,293 and the part-time enrollment is 528. This means that 89% of students enrolled at Providence College are enrolled full-time compared with 68.8% at similar Masters Colleges and Universities.

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

Retention Rate over Time

92%

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 Providence College was 92%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Providence College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
3,707
Hispanic or Latino
466
Black or African American
176

The enrolled student population at Providence College is 76.9% White, 9.67% Hispanic or Latino, 3.65% Black or African American, 2.28% Two or More Races, 1.58% Asian, 0.27% Native Hawaiian or Other Pacific Islanders, and 0.104% 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 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 189 students (3.92%) did not report their race.

Graduates

In 2020, 180 more women than men received degrees from Providence College. The most common race/ethnicity group of degree recipients at Providence College is white (1,133 degrees awarded). There were 9.68 times more white graduates than the next closest race/ethnicity group, hispanic or latino (117 degrees).

The most common Bachelor's Degree concentration at Providence College is General Finance (184 degrees awarded), followed by General Marketing & Marketing Management (124 degrees) and General Biological Sciences (86 degrees).

The most specialized majors across all degree types at Providence College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are History (44 degrees awarded), Cultural & Gender Studies (13 degrees), and Philosophy and Religious Studies (12 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Providence College are Accountants & auditors (1,041,885 people), Other managers (719,782 people), Financial managers (457,190 people), Physicians (405,285 people), and Chief executives & legislators (372,251 people).

The most specialized majors at Providence College are History (44 degrees awarded), Cultural & Gender Studies (13 degrees), Philosophy and Religious Studies (12 degrees), Business (604 degrees), and Biology (114 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 Providence College are Surgeons, Securities, commodities, & financial services sales agents, Clinical and counseling psychologists, Aerospace engineers, and Computer hardware engineers

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Providence College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (723,882 people), Elementary & secondary schools (701,494 people), Colleges, universities & professional schools, including junior colleges (630,105 people), Banking & related activities (487,496 people), and Computer Systems Design (483,299 people).

Majors Awarded

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

Most Common

General Finance
184 degree-majorss awarded
General Marketing & Marketing Management
124 degree-majorss awarded
General Biological Sciences
86 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Providence College was General Finance with 184 degrees awarded.

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

Sex Breakdown for Common Majors

624

Degrees Awarded to Men

in 2020

804

Degrees Awarded to Women

in 2020

In 2020, 624 degrees were awarded to men at Providence College, which is 0.776 times less than the number of degrees awarded to females (804).

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

Most Common Male Majors

In 2020, 140 degrees were awarded to men at Providence College in General Finance, which is 3.18 times more than the 44 female recipients with that same degree.

Most Common Female Majors

In 2020, 82 degrees were awarded to women at Providence College in General Marketing & Marketing Management, which is 1.95 times more than the 42 male recipients with that same degree.

Time to Complete

83%

100% Completion Time

86%

150% Completion Time

In 2020, 83% of students graduating from Providence College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 86% completed their degrees within 150% of the normal time, and 87% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Providence College is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, 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, 2.86% of graduates (25 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
1,133 degrees awarded
Hispanic or Latino
117 degrees awarded
Black or African American
58 degrees awarded

The most common race/ethnicity at Providence College is white (1,133 degrees awarded). There were 9.68 times more white recipients than the next closest race/ethnicity group, hispanic or latino (117 degrees).

3.5% of degree recipients (50 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
640 degrees awarded
White Male
493 degrees awarded
Hispanic or Latino Female
69 degrees awarded

The most common race/ethnicity and sex grouping at Providence College is white female (640 degrees awarded). There were 1.3 times more white female recipients than the next closest race/ethnicity group, white male (493 degrees).

Operations

Providence College has an endowment valued at nearly $232M, as of the end of the 2020 fiscal year. The return on its endowment was of $4.09M (1.77%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Providence College had a total salary expenditure of $212M. Providence College employs 115 Assistant professors, 104 Associate professors, and 69 Professors. Most academics at Providence College are Male Assistant professors (63), Male Associate professors(57), and Female Assistant professors (52).

The most common positions for non-instructional staff at Providence College are: Management, with 115 employees, Business and Financial Operations, with 97 employees, and Office and Administrative Support with 95 employees.

Endowment

$232M

2020 Endowment

1.07%

decline from 2019

Providence College has an endowment valued at about $232M, as of the end of the 2020 fiscal year. The endowment of Providence College declined 1.07% from the previous year. The value of their endowment was $192M 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 Providence College (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.

Government Grants and Contracts

Grants & Contracts

$4.2M - Federal
$0 - State
$0 - Local

As of 2020, Providence College received $4.2M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$89M

2020 Salaries

4.99%

growth from 2019

In 2020, Providence College paid a median of $89M in salaries, which represents 41.9% of their overall expenditure ($212M) and a 4.99% growth from the previous year. This is compared to a 6.23% growth from 2018 and a 5.1% growth from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

Instructional Salaries

$30.2M

Instructional Salaries

303

Number of Employees

In 2020, Providence College paid a total of $30.2M to 303 employees working as instructors, which represents 34% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

115 Employees

Management

Most Common Non-Instructional Employee

115 Employees

In 2020, the most common positions for instructional staff at Providence College were Assistant professor with 115 employees; Associate professor with 104 employees; and Associate professor with 69 employees.

In 2020, the most common positions for non-instructional staff at Providence College were Management with 115 employees; Business and Financial Operations with 97 employees; and Office and Administrative Support with 95 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Assistant professor
Male Associate professor
Female Assistant professor

In 2020, the most common demographic for instructional staff at Providence College was Male Assistant professor with 63 employees, Male Associate professor with 57 employees, and Female Assistant professor with 52 employees.

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