Providence College

Masters Colleges and Universities

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2016 Undergraduate Tuition

$46,080

3.5% growth from 2015

2016 Average Net Price

$35,238

After Financial Aid

2015 Student Loan

2.6%

Default Rate

2016 Acceptance Rate

55%

10,820 Applicants

2016 Enrolled Students

4,568

87.4% Full-Time

2016 Graduation Rate

83.3%

918 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

About

Providence College is a higher education institution located in Providence County, RI. In 2016, the most popular Bachelor's Degree concentrations at Providence College were General Finance (117 degrees awarded), General Marketing & Marketing Management (109 degrees), and General Biological Sciences (87 degrees).

In 2016, 1,417 degrees were awarded across all undergraduate and graduate programs at Providence College. 59.1% of these degrees were awarded to women, and 40.9% awarded men. The majority of degree recipients were white (1,116 degrees), 11.9 times more than then the next closest race/ethnicity group, hispanic or latino (94 degrees).

The median undergraduate tuition at Providence College is $46,080, which is $25,920 more than the national average for Masters Colleges and Universities ($20,160).

Photo by Alex Proimos

Masters Colleges & Universities: Larger ProgramsMasters Colleges and Universities

Costs

The median undergraduate tuition at Providence College is $46,080, which is $25,920 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 $35,238.

In 2016, 72% of undergraduate students received federal grants, while 55% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$46,080

2016 Undergraduate Tuition

In 2016, the cost of tuition at Providence College was $46,080. The cost of tuition at Providence College is $25,920 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

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

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Average Net Price

$35,238

2016 Value

1.15%

1 Year Growth

In 2016 Providence College had an average net price — the price paid after factoring in grants and loans — of $35,238. Between 2015 and 2016, the average net price of Providence College grew by 1.15%.

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.

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Other Student Expenses

$13,520

Room and Board

$940

Books and Supplies

The average yearly cost of room and board at Providence College was of $13,520 in 2016. During the same period, the average yearly cost of books and supplies was $940. The cost of room and board increased by 1.24% 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 Providence College (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

72%

Of Undergraduates Receive Grants

55%

Of Undergraduates Receive Federal Loans

72% of undergraduate students at Providence College received grants or loans in 2016. This represents a growth of 1.41% with respect to 2015, when 71% 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.

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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.

2.6%

2015 Default Rate

23

Number of Defaults

In 2015 the default rate for borrower's at Providence College was 2.6%, which represents 23 out of the 884 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

Providence College received 10,820 undergraduate applications in 2016, which represents a 5.92% annual growth. Out of those 10,820 applicants, 5,954 students were accepted for enrollment, representing a 55% acceptance rate.

There were 4,568 students enrolled at Providence College in 2016, and 74% of first-time enrollees submitted SAT scores with their applications.

Providence College has an overall enrollment yield of 17.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

55%

Acceptance Rate in 2016

5,954

Accepted Out of 10,820

In 2016, the undergraduate acceptance rate of Providence College was 55% (5,954 admissions from 10,820 applications). This is lower than the acceptance rate of 2015, which was 56.8%. Between 2015 and 2016, the number of applicants grew by 5.92%, while admissions grew by 2.66%.

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

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SAT Scores

74%

Submission Percentage

786

Scores Submitted

74% of enrolled first-time students at Providence College 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

Providence College has a total enrollment of 4,568 students. The full-time enrollment at Providence College is 3,993 students and the part-time enrollment is 575. This means that 87.4% of students enrolled at Providence College are enrolled full-time.

The enrolled student population at Providence College, both undergraduate and graduate, is 77.3% White, 8.69% Hispanic or Latino, 4.07% Black or African American, 1.47% Two or More Races, 1.14% Asian, 0.306% Native Hawaiian or Other Pacific Islanders, and 0.241% American Indian or Alaska Native.

Students enrolled at Providence College in full-time Undergraduate programs are majority White Female (41.3%), followed by White Male (35.4%) and Hispanic or Latino Female (5.77%). Students enrolled in full-time Graduate programs are majority White Female (46.7%), followed by White Male (32.2%) and Hispanic or Latino Female (2.8%).

Full-Time vs Part-Time Enrollment

87.4%

Full-Time Enrollment

The total enrollment at Providence College, both undergraduate and graduate, is 4,568 students. The full-time enrollment at Providence College is 3,993 and the part-time enrollment is 575. This means that 87.4% of students enrolled at Providence College 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 Providence College (in red) compares to similar universities.

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Retention Rate over Time

93%

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 Providence College was 93%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    3,531

  2. Hispanic or Latino

    397

  3. Black or African American

    186

The enrolled student population at Providence College is 77.3% White, 8.69% Hispanic or Latino, 4.07% Black or African American, 1.47% Two or More Races, 1.14% Asian, 0.306% Native Hawaiian or Other Pacific Islanders, and 0.241% 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, 209 students (4.58%) did not report their race.

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Graduates

In 2016, 259 more women than men received degrees from Providence College. The majority of degree recipients at Providence College are white (1,116 degrees awarded). There were 11.9 times more white graduates than the next closest race/ethnicity group, hispanic or latino (94 degrees).

The most common Bachelor's Degree concentration at Providence College is General Finance (117 degrees awarded), followed by General Marketing & Marketing Management (109 degrees) and General Biological Sciences (87 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 (55 degrees awarded), Cultural & Gender Studies (14 degrees), and English (51 degrees).

Workforce

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 (1,097,082 people), Miscellaneous managers (848,500 people), Financial managers (442,202 people), Elementary & middle school teachers (434,898 people), and Physicians & surgeons (428,877 people).

The most specialized majors at Providence College are History (55 degrees awarded), Cultural & Gender Studies (14 degrees), English (51 degrees), Biology (109 degrees), and Business (556 degrees).

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Highest Paying Jobs by Major

Physicians & 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 Physicians & surgeons, Chief executives & legislators, Securities, commodities, & financial services sales agents, Dentists, and Financial managers

The most specialized majors at Providence College are History (55 degrees awarded), Cultural & Gender Studies (14 degrees), English (51 degrees), Biology (109 degrees), and Business (556 degrees).

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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 Providence College are Elementary & secondary schools (863,436 people), Hospitals (781,513 people), Colleges, universities & professional schools, including junior colleges (698,807 people), Insurance carriers & related activities (582,521 people), and Banking & related activities (507,400 people).

The most specialized majors at Providence College are History (55 degrees awarded), Cultural & Gender Studies (14 degrees), English (51 degrees), Biology (109 degrees), and Business (556 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 Providence College.

Most Common

  1. General Finance

    117 degrees awarded

  2. General Marketing & Marketing Management

    109 degrees awarded

  3. General Biological Sciences

    87 degrees awarded

In 2016, the most common bachelors degree concentration at Providence College was General Finance with 117 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 579

  2. 838

In 2016, 579 degrees were awarded to men at Providence College, which is 0.691 times less than the number of degrees awarded to females (838).

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

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Most Common Male Majors

In 2016, 94 degrees were awarded to men at Providence College in General Finance, which is 4.09 times more than the 23 female recipients with that same degree.

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Most Common Female Majors

In 2016, 75 degrees were awarded to women at Providence College in Other Business Administration, Management, & Operations, which is 2.68 times more than the 28 male recipients with that same degree.

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Time to Complete

83%

100% Completion Time

86%

150% Completion Time

In 2016, 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Providence College is Male 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, 10.8% of graduates (99 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,116 degrees awarded

  2. Hispanic or Latino

    94 degrees awarded

  3. Unknown

    63 degrees awarded

The most common race/ethnicity at Providence College is white (1,116 degrees awarded). There were 11.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (94 degrees).

4.45% of degree recipients (63 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    662 degrees awarded

  2. White Male

    454 degrees awarded

  3. Hispanic or Latino Female

    62 degrees awarded

The most common race/ethnicity and gender grouping at Providence College is white female (662 degrees awarded). There were 1.46 times more white female recipients than the next closest race/ethnicity group, white male (454 degrees).

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Operations

Providence College has an endowment valued at nearly $209M, as of the end of the 2015 fiscal year. The return on its endowment was of $-62.9k (-0.0302%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Providence College had a total expenditure of $177M. Of that $177M, they spent $74.2M on salaries and $177M on benefits.

Providence College employs 129 Assistant professors, 94 Associate professors, and 59 Professors. Most academics at Providence College are Male Assistant professors (67), Female Assistant professors(62), and Male Associate professors (57).

The most common positions for non-instructional staff at Providence College are: Office and Administrative Support, with 110 employees, Management, with 108 employees, and Business and Financial Operations with 75 employees.

Finances

Endowment

$209M

2015 Endowment

2.35%

decline from 2014

Providence College has an endowment valued at about $209M, as of the end of the 2015 fiscal year. The endowment of Providence College declined 2.35% from the previous year. The value of their endowment was $180M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $1.6M - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Providence College received $1.6M 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.

$74.2M

Salary Expenditure

$177M

Benefits Expenditure

In 2015, Providence College had a total expenditure of $177M. Of that $177M, they spent $74.2M on salaries and $177M on benefits.

The bar chart shows the share of the primary expenses at Providence College 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 Providence College as a share of total expenditure.

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Salary Expenditure

$74.2M

2015 Salaries

3.48%

growth from 2014

In 2015, Providence College paid a median of $74.2M in salaries, which represents 42% of their overall expenditure ($177M) and a 3.48% growth from the previous year. This is compared to a 6.27% growth from 2013 and a 9.8% growth from 2012.

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

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Instructional Salaries

$25.6M

Instructional Salaries

295

Number of Employees

In 2015, Providence College paid a total of $25.6M to 295 employees working as instructors, which represents 34.5% 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

129 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

110 Employees

In 2016, the most common positions for instructional staff at Providence College were Assistant professor with 129 employees; Associate professor with 94 employees; and Associate professor with 59 employees.

In 2016, the most common positions for non-instructional staff at Providence College were Office and Administrative Support with 110 employees; Management with 108 employees; and Business and Financial Operations with 75 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Assistant professor

  2. Female Assistant professor

  3. Male Associate professor

In 2016, the most common demographic for instructional staff at Providence College was Male Assistant professor with 67 employees, Female Assistant professor with 62 employees, and Male Associate professor with 57 employees.

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

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