Providence College

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2017 Undergraduate Tuition

$47,870

3.88% growth from 2016

2017 Average Net Price

$36,099

After Financial Aid

2016 Student Loan

3.78%

Default Rate

2017 Acceptance Rate

51.5%

11,251 Applicants

2017 Enrolled Students

4,645

87.3% Full-Time

2017 Graduation Rate

84.2%

827 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 (139 degrees awarded), General Marketing & Marketing Management (133 degrees), and General Biological Sciences (83 degrees).

In 2017, 1,421 degrees were awarded across all undergraduate and graduate programs at Providence College. 58.1% of these degrees were awarded to women, and 41.9% awarded men. The majority of degree recipients were white (1,093 degrees), 10.3 times more than then the next closest race/ethnicity group, hispanic or latino (106 degrees).

The median undergraduate tuition at Providence College is $47,870, which is $27,137 more than the national average for Masters Colleges and Universities ($20,733).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

The median undergraduate tuition at Providence College is $47,870, which is $27,137 more than the national average for Masters Colleges and Universities ($20,733).

After taking grants and loans into account, the average net price for students is $36,099.

In 2017, 71% of undergraduate students received federal grants, while 55% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$47,870

2017 Undergraduate Tuition

In 2017, the cost of tuition at Providence College was $47,870. The cost of tuition at Providence College is $27,137 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

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

Average Net Price

$36,099

2017 Value

2.44%

1 Year Growth

In 2017 Providence College had an average net price — the price paid after factoring in grants and loans — of $36,099. Between 2016 and 2017, the average net price of Providence College grew by 2.44%.

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

$13,720

Room and Board

$940

Books and Supplies

The average yearly cost of room and board at Providence College was of $13,720 in 2017. During the same period, the average yearly cost of books and supplies was $940. The cost of room and board increased by 1.48% between 2016 and 2017. 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.

Financial Aid

Financial Aid by Income Level

71%

Of Undergraduates Receive Grants

55%

Of Undergraduates Receive Federal Loans

71% of undergraduate students at Providence College received grants or loans in 2017. This represents a decline of 1.39% with respect to 2016, when 72% 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.

3.78%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at Providence College was 3.78%, which represents 30 out of the 794 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 11,251 undergraduate applications in 2017, which represents a 3.98% annual growth. Out of those 11,251 applicants, 5,797 students were accepted for enrollment, representing a 51.5% acceptance rate.

There were 4,645 students enrolled at Providence College in 2017, and 46% of first-time enrollees submitted SAT scores with their applications.

Providence College has an overall enrollment yield of 18.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

51.5%

Acceptance Rate in 2017

5,797

Accepted Out of 11,251

In 2017, the undergraduate acceptance rate of Providence College was 51.5% (5,797 admissions from 11,251 applications). This is lower than the acceptance rate of 2016, which was 55%. Between 2016 and 2017, the number of applicants grew by 3.98%, while admissions declined by -2.64%.

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

SAT Scores

46%

Submission Percentage

487

Scores Submitted

46% of enrolled first-time students at Providence College in 2017 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 4,645 students. The full-time enrollment at Providence College is 4,055 students and the part-time enrollment is 590. This means that 87.3% of students enrolled at Providence College are enrolled full-time.

The enrolled student population at Providence College, both undergraduate and graduate, is 77.7% White, 8.83% Hispanic or Latino, 4.13% Black or African American, 1.7% Two or More Races, 1.23% Asian, 0.301% Native Hawaiian or Other Pacific Islanders, and 0.215% 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 (35.9%) and Hispanic or Latino Female (5.67%). Students enrolled in full-time Graduate programs are majority White Female (45.4%), followed by White Male (31.9%) and Hispanic or Latino Female (5.24%).

Full-Time vs Part-Time Enrollment

87.3%

Full-Time Enrollment

The total enrollment at Providence College, both undergraduate and graduate, is 4,645 students. The full-time enrollment at Providence College is 4,055 and the part-time enrollment is 590. This means that 87.3% of students enrolled at Providence College are enrolled full-time compared with 68.6% 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%

2017 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
3,611
Hispanic or Latino
410
Black or African American
192

The enrolled student population at Providence College is 77.7% White, 8.83% Hispanic or Latino, 4.13% Black or African American, 1.7% Two or More Races, 1.23% Asian, 0.301% Native Hawaiian or Other Pacific Islanders, and 0.215% 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 54.4% White, 15% Hispanic or Latino, and 13.2% 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, 179 students (3.85%) did not report their race.

Graduates

In 2017, 229 more women than men received degrees from Providence College. The majority of degree recipients at Providence College are white (1,093 degrees awarded). There were 10.3 times more white graduates than the next closest race/ethnicity group, hispanic or latino (106 degrees).

The most common Bachelor's Degree concentration at Providence College is General Finance (139 degrees awarded), followed by General Marketing & Marketing Management (133 degrees) and General Biological Sciences (83 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 (45 degrees awarded), Business (588 degrees), and Cultural & Gender Studies (10 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 (1,098,903 people), Other managers (671,133 people), Financial managers (432,211 people), Elementary & middle school teachers (399,612 people), and Chief executives & legislators (336,267 people).

The most specialized majors at Providence College are History (45 degrees awarded), Business (588 degrees), Cultural & Gender Studies (10 degrees), English (41 degrees), and Philosophy and Religious Studies (11 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, Electrical & electronics engineers, Physicians, Sales managers, and Dentists

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 (784,803 people), Colleges, universities & professional schools, including junior colleges (520,087 people), Banking & related activities (503,746 people), Computer Systems Design (467,846 people), and Securities, commodities, funds, trusts & other financial investments (417,207 people).

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
139 degree-majorss awarded
General Marketing & Marketing Management
133 degree-majorss awarded
General Biological Sciences
83 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Providence College was General Finance with 139 degree-majorss 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

Degrees Awarded to Men

In 2017, 596 degrees were awarded to men at Providence College, which is 0.722 times less than the number of degrees awarded to females (825).

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

Most Common Male Majors

In 2017, 109 degrees were awarded to men at Providence College in General Finance, which is 3.63 times more than the 30 female recipients with that same degree.

Most Common Female Majors

In 2017, 84 degrees were awarded to women at Providence College in General Marketing & Marketing Management, which is 1.71 times more than the 49 male recipients with that same degree.

Time to Complete

81%

100% Completion Time

85%

150% Completion Time

In 2017, 81% of students graduating from Providence College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 85% 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.

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 (68.1%).

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, 9.19% of graduates (76 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
1,093 degrees awarded
Hispanic or Latino
106 degrees awarded
Unknown
87 degrees awarded

The most common race/ethnicity at Providence College is white (1,093 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (106 degrees).

6.12% of degree recipients (87 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
616 degrees awarded
White Male
477 degrees awarded
Hispanic or Latino Female
73 degrees awarded

The most common race/ethnicity and gender grouping at Providence College is white female (616 degrees awarded). There were 1.29 times more white female recipients than the next closest race/ethnicity group, white male (477 degrees).

Operations

Providence College has an endowment valued at nearly $221M, as of the end of the 2017 fiscal year. The return on its endowment was of $22.1M (9.98%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, Providence College had a total salary expenditure of $193M. Providence College employs 119 Assistant professors, 97 Associate professors, and 61 Professors. Most academics at Providence College are Male Assistant professors (65), Male Associate professors(58), and Female Assistant professors (54).

The most common positions for non-instructional staff at Providence College are: Management, with 109 employees, Office and Administrative Support, with 109 employees, and Business and Financial Operations with 88 employees.

Finances

Endowment

$221M

2017 Endowment

11.3%

growth from 2016

Providence College has an endowment valued at about $221M, as of the end of the 2017 fiscal year. The endowment of Providence College grew 11.3% from the previous year. The value of their endowment was $188M 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

$1.75M - Federal
$0 - State
$0 - Local

As of 2017, Providence College received $1.75M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$76M

2017 Salaries

3.48%

growth from 2016

In 2017, Providence College paid a median of $76M in salaries, which represents 39.3% of their overall expenditure ($193M) and a 3.48% growth from the previous year. This is compared to a 1.11% decline from 2015 and a 3.48% growth from 2014.

The median for similar Masters Colleges and Universities is 31.4M (40.5% of overall expenditures).

Instructional Salaries

$27.4M

Instructional Salaries

296

Number of Employees

In 2017, Providence College paid a total of $27.4M to 296 employees working as instructors, which represents 36.1% of all salaries paid.

This is compared to a median of $10.4M (33%) for similar Masters Colleges and Universities.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

119 Employees

Management

Most Common Non-Instructional Employee

109 Employees

In 2017, the most common positions for instructional staff at Providence College were Assistant professor with 119 employees; Associate professor with 97 employees; and Associate professor with 61 employees.

In 2017, the most common positions for non-instructional staff at Providence College were Management with 109 employees; Office and Administrative Support with 109 employees; and Business and Financial Operations with 88 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Assistant professor
Male Associate professor
Female Assistant professor

In 2017, the most common demographic for instructional staff at Providence College was Male Assistant professor with 65 employees, Male Associate professor with 58 employees, and Female Assistant professor with 54 employees.

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

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