Providence College

https://www.providence.edu

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2024 Undergraduate Tuition

$62,520

4.5% growth from 2023

2024 Average Net Price

$48,618

After Financial Aid

2024 Acceptance Rate

50.9%

12,521 Applicants

2024 Enrolled Students

4,666

94.6% Full-Time

2024 Graduation Rate

85.8%

962 Graduates

About

Providence College is a higher education institution located in Providence County, RI. In 2024, the most popular Bachelors Degree concentrations at Providence College were General Finance (164 degrees awarded), General Marketing & Marketing Management (131 degrees), and General Business Administration & Management (115 degrees).

In 2024, 1,315 degrees were awarded across all undergraduate and graduate programs at Providence College. 56.7% of these degrees were awarded to women, and 43.3% awarded men. The most common race/ethnicity group of degree recipients was white (1,027 degrees), 9.25 times more than then the next closest race/ethnicity group, hispanic or latino (111 degrees).

The median undergraduate tuition at Providence College is $62,520, which is $38,520 more than the national average for Masters Colleges and Universities ($24,000).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Providence College is $62,520, which is $38,520 more 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 $48,618.

In 2024, 78% of undergraduate students attending Providence College received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Tuition Costs

$62,520

2024 Undergraduate Tuition

In 2024, the cost of tuition at Providence College was $62,520. The cost of tuition at Providence College is $38,520 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$48,618

2024 Value

4.23%

1 Year Growth

In 2024 Providence College had an average net price — the price paid after factoring in grants and loans — of $48,618. Between 2023 and 2024, the average net price of Providence College grew by 4.23%.

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

$16,845

Room and Board

$1,150

Books and Supplies

The average yearly cost of room and board at Providence College was of $16,845 in 2024. The cost of room and board increased by 8.19% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,150. 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 by Income Level

78%

Undergraduates Receiving Financial Aid through Grants

57%

Undergraduates Receiving Financial Aid through Loans

78% of undergraduate students at Providence College received financial aid through grants or loans in 2024. This represents a growth of 0% with respect to 2023, when 78% 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.

Admissions

Providence College received 12,521 undergraduate applications in 2024, which represents a 0.417% annual growth. Out of those 12,521 applicants, 6,372 students were accepted for enrollment, representing a 50.9% acceptance rate.

There were 4,666 students enrolled at Providence College in 2024. 19% of first-time enrollees submitted SAT scores with their applications.

Providence College has an overall enrollment yield of 19.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

50.9%

Acceptance Rate in 2024

6,372

Accepted Out of 12,521

In 2024, the undergraduate acceptance rate of Providence College was 50.9% (6,372 admissions from 12,521 applications). This is higher than the acceptance rate of 2023, which was 48.7%. Between 2023 and 2024, the number of applicants grew by 0.417%, while admissions grew by 4.89%.

This chart compares the acceptance rate of Providence College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

19%

Submission Percentage (2024)

237

Scores Submitted (2024)

19% of enrolled first-time students at Providence College in 2024 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Providence College had a total enrollment of 4,666 students in 2024. The full-time enrollment at Providence College is 4,414 students and the part-time enrollment is 252. This means that 94.6% of students enrolled at Providence College are enrolled full-time.

The enrolled student population at Providence College, both undergraduate and graduate, is 78.8% White, 8.55% Hispanic or Latino, 3.02% Two or More Races, 2.51% Black or African American, 1.44% Asian, 0.0643% American Indian or Alaska Native, and 0.0643% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Providence College in full-time Undergraduate programs are most commonly White Female (42.2%), followed by White Male (37.2%) and Hispanic or Latino Female (5.39%). Students enrolled in full-time Graduate programs are most commonly White Female (36.8%), followed by White Male (36.3%) and Hispanic or Latino Female (4.73%).

Full-Time vs Part-Time Enrollment

94.6%

Full-Time Enrollment

The total enrollment at Providence College in 2024, both undergraduate and graduate, is 4,666 students. The full-time enrollment at Providence College is 4,414 and the part-time enrollment is 252. This means that 94.6% of students enrolled at Providence College 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 Providence College (in red) compares to similar universities.

Retention Rate over Time

94%

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 Providence College was 94%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), 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 (2024)

White
3,675 enrolled students
Hispanic or Latino
399 enrolled students
Two or More Races
141 enrolled students

The enrolled student population at Providence College is 78.8% White, 8.55% Hispanic or Latino, 3.02% Two or More Races, 2.51% Black or African American, 1.44% Asian, 0.0643% American Indian or Alaska Native, and 0.0643% Native Hawaiian or Other Pacific Islanders. 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, 172 students (3.69%) did not report their race.

Graduates

In 2024, 175 more women than men received degrees from Providence College. The most common race/ethnicity group of degree recipients at Providence College is white (1,027 degrees awarded). There were 9.25 times more white recipients 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 (164 degrees awarded), followed by General Marketing & Marketing Management (131 degrees) and General Business Administration & Management (115 degrees).

In 2024, 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 (39 degrees awarded), Cultural & Gender Studies (11 degrees), and Social Sciences (132 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 (1,090,687 people), Other managers (1,077,547 people), Financial managers (628,130 people), Lawyers, & judges, magistrates, & other judicial workers (595,292 people), and Chief executives & legislators (543,501 people).

The most specialized majors at Providence College in 2024 are History (39 degrees awarded), Cultural & Gender Studies (11 degrees), Social Sciences (132 degrees), Business (565 degrees), and Biology (104 degrees) (as of 2024).

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, Diagnostic medical sonographers, Logisticians, Magnetic resonance imaging technologists, and Economists

The most specialized majors at Providence College are History (39 degrees awarded), Cultural & Gender Studies (11 degrees), Social Sciences (132 degrees), Business (565 degrees), and Biology (104 degrees) (as of 2024).

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 (1,034,117 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (930,057 people), Colleges, universities & professional schools, including junior colleges (889,555 people), Computer Systems Design (806,383 people), and Securities, commodities, funds, trusts & other financial investments (595,212 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 (2024)

Liberal Arts & Sciences
1 degrees awarded
General Business Administration & Management
1 degrees awarded

In 2024, the most common associates degree concentration at Providence College was Liberal Arts & Sciences with 1 degrees awarded.

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

Sex Breakdown for Common Majors

570

Degrees Awarded to Men

in 2024

745

Degrees Awarded to Women

in 2024

In 2024, 570 degrees were awarded to men at Providence College, which is 0.765 times less than the number of degrees awarded to females (745).

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

Most Common Male Majors

In 2024, 125 degrees were awarded to men at Providence College in General Finance, which is 3.21 times more than the 39 female recipients with that same degree.

Most Common Female Majors

In 2024, 87 degrees were awarded to men at Providence College in General Psychology, which is 8.7 times more than the 10 male recipients with that same degree.

Time to Complete

83%

100% Completion Time

86%

150% Completion Time

In 2024, 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 86% 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.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2024 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 (75.5%).

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, 3.87% of graduates (37 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
1,027 degrees awarded
Hispanic or Latino
111 degrees awarded
Black or African American
57 degrees awarded

The most common race/ethnicity at Providence College is white (1,027 degrees awarded). There were 9.25 times more white recipients than the next closest race/ethnicity group, hispanic or latino (111 degrees).

2.28% of degree recipients (30 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
690 degrees awarded
White Female
667 degrees awarded
White Female
662 degrees awarded

The most common race/ethnicity and sex grouping at Providence College is white female (690 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white female (667 degrees).

Operations

Providence College has an endowment valued at nearly $353M, as of the end of the 2024 fiscal year. The return on its endowment was of 34.4M (9.75%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Providence College had a total salary expenditure of 274M. Providence College employs 164 Assistant professors, 113 Associate professors and 76 Professors. Most academics at Providence College are Male Assistant professor (86), Female Assistant professor (78), and Male Associate professor (61).

The most common positions for non-instructional staff at Providence College are: Business and Financial Operations, with 117 employees, Management, with 115 employees, and Office and Administrative Support with 101 employees.

Endowment

$353M

2024 Endowment

9.69%

growth from 2023

Providence College has an endowment valued at about $353M, as of the end of the 2024 fiscal year. The endowment of Providence College grew 9.69% from the previous year. The value of their endowment was $307M 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.

Salary Expenditure

$106M

2024 Salaries

8.25%

growth from 2023

In 2024, Providence College paid a median of $106M in salaries, which represents 38.6% of their overall expenditure ($274M) and a 8.25% growth from the previous year. This is compared to a 4.99% growth between 2022 and 2023, and a 4.53% growth between 2021 and 2022.

Instructional Salaries

$38.9M

Instructional Salaries

355

Number of Employees

In 2024, Providence College paid a total of $38.9M to 355 employees working as instructors, which represents 36.8% 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 Providence College were Business and Financial Operations with 117 employees, Management with 115 employees, and Office and Administrative Support with 101 employees.

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