Providence College

www.providence.edu

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2019 Undergraduate Tuition

$51,490

3.81% growth from 2018

2019 Average Net Price

$35,796

After Financial Aid

2017 Student Loan

2.39%

Default Rate

2019 Acceptance Rate

47.5%

11,478 Applicants

2019 Enrolled Students

4,618

88.7% Full-Time

2018 Graduation Rate

86%

858 Graduates

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 (181 degrees awarded), General Marketing & Marketing Management (154 degrees), and General Biological Sciences (99 degrees).

In 2019, 1,476 degrees were awarded across all undergraduate and graduate programs at Providence College. 60.6% of these degrees were awarded to women, and 39.4% awarded men. The most common race/ethnicity group of degree recipients was white (1,176 degrees), 10.6 times more than then the next closest race/ethnicity group, hispanic or latino (111 degrees).

The median undergraduate tuition at Providence College is $51,490, which is $29,464 more than the national average for Masters Colleges and Universities ($22,027).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

The median undergraduate tuition at Providence College is $51,490, which is $29,464 more than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $35,796.

In 2019, 66% of undergraduate students received federal grants, while 51% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$51,490

2019 Undergraduate Tuition

In 2019, the cost of tuition at Providence College was $51,490. The cost of tuition at Providence College is $29,464 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

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

Average Net Price

$35,796

2019 Value

5.41%

1 Year Growth

In 2019 Providence College had an average net price — the price paid after factoring in grants and loans — of $35,796. Between 2018 and 2019, the average net price of Providence College grew by 5.41%.

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

$13,450

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Providence College was of $13,450 in 2019. During the same period, the average yearly cost of books and supplies was $1,050. The cost of room and board increased by 4.1% between 2018 and 2019. The cost of books and supplies increased by 7.14% during the same period.

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

Financial Aid

Financial Aid by Income Level

66%

Of Undergraduates Receive Grants

51%

Of Undergraduates Receive Federal Loans

66% of undergraduate students at Providence College received grants or loans in 2019. This represents a decline of 5.71% with respect to 2018, when 70% 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.

2.39%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Providence College was 2.39%, which represents 18 out of the 754 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 11,478 undergraduate applications in 2019, which represents a 0.499% annual growth. Out of those 11,478 applicants, 5,447 students were accepted for enrollment, representing a 47.5% acceptance rate.

There were 4,618 students enrolled at Providence College in 2019, and 51% of first-time enrollees submitted SAT scores with their applications.

Providence College has an overall enrollment yield of 20.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

47.5%

Acceptance Rate in 2019

5,447

Accepted Out of 11,478

In 2019, the undergraduate acceptance rate of Providence College was 47.5% (5,447 admissions from 11,478 applications). This is lower than the acceptance rate of 2018, which was 49%. Between 2018 and 2019, the number of applicants grew by 0.499%, while admissions declined by -2.61%.

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

SAT Scores

51%

Submission Percentage

551

Scores Submitted

51% of enrolled first-time students at Providence College in 2019 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 4,618 students. The full-time enrollment at Providence College is 4,096 students and the part-time enrollment is 522. This means that 88.7% of students enrolled at Providence College are enrolled full-time.

The enrolled student population at Providence College, both undergraduate and graduate, is 76.7% White, 9.9% Hispanic or Latino, 3.9% Black or African American, 2.06% Two or More Races, 1.32% Asian, 0.26% Native Hawaiian or Other Pacific Islanders, and 0.152% American Indian or Alaska Native.

Students enrolled at Providence College in full-time Undergraduate programs are most commonly White Female (40%), followed by White Male (36.4%) and Hispanic or Latino Female (6.45%). Students enrolled in full-time Graduate programs are most commonly White Female (45.9%), followed by White Male (33.7%) and Hispanic or Latino Female (4.88%).

Full-Time vs Part-Time Enrollment

88.7%

Full-Time Enrollment

The total enrollment at Providence College, both undergraduate and graduate, is 4,618 students. The full-time enrollment at Providence College is 4,096 and the part-time enrollment is 522. This means that 88.7% of students enrolled at Providence College are enrolled full-time compared with 69.2% 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

91%

2019 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 91%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), 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
3,540
Hispanic or Latino
457
Black or African American
180

The enrolled student population at Providence College is 76.7% White, 9.9% Hispanic or Latino, 3.9% Black or African American, 2.06% Two or More Races, 1.32% Asian, 0.26% Native Hawaiian or Other Pacific Islanders, and 0.152% 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 53.3% White, 16% 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, 180 students (3.9%) did not report their race.

Graduates

In 2019, 314 more women than men received degrees from Providence College. The most common race/ethnicity group of degree recipients at Providence College is white (1,176 degrees awarded). There were 10.6 times more white graduates than the next closest race/ethnicity group, hispanic or latino (111 degrees).

The most common Bachelor's Degree concentration at Providence College is General Finance (181 degrees awarded), followed by General Marketing & Marketing Management (154 degrees) and General Biological Sciences (99 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 (38 degrees awarded), Biology (127 degrees), and Business (646 degrees).

Workforce

Common Jobs by Major

Elementary & middle school teachers

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 Elementary & middle school teachers (1,726,506 people), Accountants & auditors (1,069,212 people), Other managers (1,036,002 people), Secondary school teachers (677,773 people), and Financial managers (593,691 people).

The most specialized majors at Providence College are History (38 degrees awarded), Biology (127 degrees), Business (646 degrees), Education (200 degrees), and Social Sciences (126 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, Agents & business managers of artists, performers, & athletes, Magnetic resonance imaging technologists, Physicians, and Actuaries

The most specialized majors at Providence College are History (38 degrees awarded), Biology (127 degrees), Business (646 degrees), Education (200 degrees), and Social Sciences (126 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 Providence College are Elementary & secondary schools (3,494,841 people), Colleges, universities & professional schools, including junior colleges (979,215 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (855,346 people), Computer Systems Design (687,794 people), and Banking & related activities (613,992 people).

The most specialized majors at Providence College are History (38 degrees awarded), Biology (127 degrees), Business (646 degrees), Education (200 degrees), and Social Sciences (126 degrees).

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

General Finance
181 degree-majorss awarded
General Marketing & Marketing Management
154 degree-majorss awarded
General Biological Sciences
99 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Providence College was General Finance with 181 degrees awarded.

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

Gender Breakdown for Common Majors

581

Degrees Awarded to Men

in 2019

895

Degrees Awarded to Women

in 2019

In 2019, 581 degrees were awarded to men at Providence College, which is 0.649 times less than the number of degrees awarded to females (895).

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

Most Common Male Majors

In 2019, 126 degrees were awarded to men at Providence College in General Finance, which is 2.29 times more than the 55 female recipients with that same degree.

Most Common Female Majors

In 2019, 89 degrees were awarded to women at Providence College in General Marketing & Marketing Management, which is 1.37 times more than the 65 male recipients with that same degree.

Time to Complete

80%

100% Completion Time

84%

150% Completion Time

In 2019, 80% of students graduating from Providence College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 84% completed their degrees within 150% of the normal time, and 85% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Black or African American Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Providence College is Female and Black or African American (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (69.1%).

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, 5.48% of graduates (47 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
1,176 degrees awarded
Hispanic or Latino
111 degrees awarded
Unknown
58 degrees awarded

The most common race/ethnicity at Providence College is white (1,176 degrees awarded). There were 10.6 times more white recipients than the next closest race/ethnicity group, hispanic or latino (111 degrees).

3.93% of degree recipients (58 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
690 degrees awarded
White Male
486 degrees awarded
Hispanic or Latino Female
79 degrees awarded

The most common race/ethnicity and gender grouping at Providence College is white female (690 degrees awarded). There were 1.42 times more white female recipients than the next closest race/ethnicity group, white male (486 degrees).

Operations

Providence College has an endowment valued at nearly $234M, as of the end of the 2019 fiscal year. The return on its endowment was of $8.8M (3.76%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Providence College had a total salary expenditure of $215M. Providence College employs 117 Assistant professors, 98 Associate professors, and 68 Professors. Most academics at Providence College are Male Assistant professors (66), Male Associate professors(53), and Female Assistant professors (51).

The most common positions for non-instructional staff at Providence College are: Management, with 115 employees, Office and Administrative Support, with 95 employees, and Business and Financial Operations with 92 employees.

Finances

Endowment

$234M

2019 Endowment

1.8%

decline from 2018

Providence College has an endowment valued at about $234M, as of the end of the 2019 fiscal year. The endowment of Providence College declined 1.8% from the previous year. The value of their endowment was $196M 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

$1.67M - Federal
$0 - State
$0 - Local

As of 2019, Providence College received $1.67M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$84.8M

2019 Salaries

6.23%

growth from 2018

In 2019, Providence College paid a median of $84.8M in salaries, which represents 39.5% of their overall expenditure ($215M) and a 6.23% growth from the previous year. This is compared to a 5.1% growth from 2017 and a 3.48% growth from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

Instructional Salaries

$29.4M

Instructional Salaries

298

Number of Employees

In 2019, Providence College paid a total of $29.4M to 298 employees working as instructors, which represents 34.7% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

117 Employees

Management

Most Common Non-Instructional Employee

115 Employees

In 2019, the most common positions for instructional staff at Providence College were Assistant professor with 117 employees; Associate professor with 98 employees; and Associate professor with 68 employees.

In 2019, the most common positions for non-instructional staff at Providence College were Management with 115 employees; Office and Administrative Support with 95 employees; and Business and Financial Operations with 92 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Assistant professor
Male Associate professor
Female Assistant professor

In 2019, the most common demographic for instructional staff at Providence College was Male Assistant professor with 66 employees, Male Associate professor with 53 employees, and Female Assistant professor with 51 employees.

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

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