Providence College

www.providence.edu

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2022 Undergraduate Tuition

$56,980

3.52% growth from 2021

2022 Average Net Price

$43,970

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

52.8%

11,129 Applicants

2022 Enrolled Students

4,473

90.4% Full-Time

2022 Graduation Rate

85.6%

904 Graduates

About

Providence College is a higher education institution located in Providence County, RI. In 2022, the most popular Bachelors Degree concentrations at Providence College were General Finance (207 degrees awarded), General Psychology (102 degrees), and General Business Administration & Management (102 degrees).

In 2022, 1,479 degrees were awarded across all undergraduate and graduate programs at Providence College. 57.6% of these degrees were awarded to women, and 42.4% awarded men. The most common race/ethnicity group of degree recipients was white (1,136 degrees), 8.23 times more than then the next closest race/ethnicity group, hispanic or latino (138 degrees).

The median undergraduate tuition at Providence College is $56,980, which is $32,984 more than the national average for Masters Colleges and Universities ($23,996).

In 2020 the default rate for borrower's at Providence College was 0%, corresponding to 0 out of the 772 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2022, the median undergraduate tuition at Providence College is $56,980, which is $32,984 more than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $43,970.

In 2022, 74% of undergraduate students attending Providence College received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Tuition Costs

$56,980

2022 Undergraduate Tuition

In 2022, the cost of tuition at Providence College was $56,980. The cost of tuition at Providence College is $32,984 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

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

Average Net Price

$43,970

2022 Value

11.1%

1 Year Growth

In 2022 Providence College had an average net price — the price paid after factoring in grants and loans — of $43,970. Between 2021 and 2022, the average net price of Providence College grew by 11.1%.

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

$14,130

Room and Board

$1,150

Books and Supplies

The average yearly cost of room and board at Providence College was of $14,130 in 2022. The cost of room and board increased by 6.66% between 2021 and 2022.

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

74%

Undergraduates Receiving Financial Aid through Grants

53%

Undergraduates Receiving Financial Aid through Loans

74% of undergraduate students at Providence College received financial aid through grants or loans in 2022. This represents a growth of 5.71% with respect to 2021, 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Providence College was 0%, which represents 0 out of the 772 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 11,129 undergraduate applications in 2022, which represents a 0% annual growth. Out of those 11,129 applicants, 5,874 students were accepted for enrollment, representing a 52.8% acceptance rate.

There were 4,473 students enrolled at Providence College in 2022. 27% of first-time enrollees submitted SAT scores with their applications.

Providence College has an overall enrollment yield of 19.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

52.8%

Acceptance Rate in 2022

5,874

Accepted Out of 11,129

In 2022, the undergraduate acceptance rate of Providence College was 52.8% (5,874 admissions from 11,129 applications). This is lower than the acceptance rate of 2021, which was 58%. Between 2021 and 2022, the number of applicants remained the same, while admissions declined by 8.97%.

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

27%

Submission Percentage (2022)

313

Scores Submitted (2022)

27% of enrolled first-time students at Providence College in 2022 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 4,473 students in 2022. The full-time enrollment at Providence College is 4,044 students and the part-time enrollment is 429. This means that 90.4% 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, 8.85% Hispanic or Latino, 3.71% Black or African American, 3.13% Two or More Races, 1.77% Asian, 0.112% Native Hawaiian or Other Pacific Islanders, and 0.0447% American Indian or Alaska Native.

Students enrolled at Providence College in full-time Undergraduate programs are most commonly White Female (40.8%), followed by White Male (36.6%) and Hispanic or Latino Female (5.72%). Students enrolled in full-time Graduate programs are most commonly White Female (40.7%), followed by White Male (36%) and Black or African American Female (2.8%).

Full-Time vs Part-Time Enrollment

90.4%

Full-Time Enrollment

The total enrollment at Providence College in 2022, both undergraduate and graduate, is 4,473 students. The full-time enrollment at Providence College is 4,044 and the part-time enrollment is 429. This means that 90.4% of students enrolled at Providence College are enrolled full-time compared with 67.6% 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

90%

2022 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 90%. 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 (2022)

White
3,429 enrolled students
Hispanic or Latino
396 enrolled students
Black or African American
166 enrolled students

The enrolled student population at Providence College is 76.7% White, 8.85% Hispanic or Latino, 3.71% Black or African American, 3.13% Two or More Races, 1.77% Asian, 0.112% Native Hawaiian or Other Pacific Islanders, and 0.0447% 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 51.2% White, 17.3% 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, 165 students (3.69%) did not report their race.

Graduates

In 2022, 225 more women than men received degrees from Providence College. The most common race/ethnicity group of degree recipients at Providence College is white (1,136 degrees awarded). There were 8.23 times more white recipients than the next closest race/ethnicity group, hispanic or latino (138 degrees).

The most common Bachelor's Degree concentration at Providence College is General Finance (207 degrees awarded), followed by General Psychology (102 degrees) and General Business Administration & Management (102 degrees).

In 2022, 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 (34 degrees awarded), Social Sciences (170 degrees), and Biology (135 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 (1,115,698 people), Other managers (1,042,624 people), Lawyers, & judges, magistrates, & other judicial workers (646,065 people), Financial managers (595,119 people), and Chief executives & legislators (526,691 people).

The most specialized majors at Providence College in 2022 are History (34 degrees awarded), Social Sciences (170 degrees), Biology (135 degrees), English (37 degrees), and Business (583 degrees) (as of 2022).

Highest Paying Jobs by Major

Diagnostic medical sonographers

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 Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Providence College are History (34 degrees awarded), Social Sciences (170 degrees), Biology (135 degrees), English (37 degrees), and Business (583 degrees) (as of 2022).

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 (1,163,602 people), Colleges, universities & professional schools, including junior colleges (955,702 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (879,181 people), Computer Systems Design (758,351 people), and Banking & related activities (613,689 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 (2022)

General Finance
207 degrees awarded
General Psychology
102 degrees awarded
General Business Administration & Management
102 degrees awarded

In 2022, the most common bachelors degree concentration at Providence College was General Finance with 207 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

627

Degrees Awarded to Men

in 2022

852

Degrees Awarded to Women

in 2022

In 2022, 627 degrees were awarded to men at Providence College, which is 0.736 times less than the number of degrees awarded to females (852).

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

Most Common Male Majors

In 2022, 149 degrees were awarded to men at Providence College in General Finance, which is 2.57 times more than the 58 female recipients with that same degree.

Most Common Female Majors

In 2022, 87 degrees were awarded to men at Providence College in General Psychology, which is 5.8 times more than the 15 male recipients with that same degree.

Time to Complete

82%

100% Completion Time

85%

150% Completion Time

In 2022, 82% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Providence College is Male and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

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, 2.77% of graduates (25 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
1,136 degrees awarded
Hispanic or Latino
138 degrees awarded
Black or African American
52 degrees awarded

The most common race/ethnicity at Providence College is white (1,136 degrees awarded). There were 8.23 times more white recipients than the next closest race/ethnicity group, hispanic or latino (138 degrees).

3.92% of degree recipients (58 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
639 degrees awarded
White Male
497 degrees awarded
Hispanic or Latino Female
94 degrees awarded

The most common race/ethnicity and sex grouping at Providence College is white female (639 degrees awarded). There were 1.29 times more white female recipients than the next closest race/ethnicity group, white male (497 degrees).

Operations

Providence College has an endowment valued at nearly $317M, as of the end of the 2022 fiscal year. The return on its endowment was of −30.3M (−9.56%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Providence College had a total salary expenditure of 239M. Providence College employs 132 Assistant professors, 106 Associate professors and 68 Professors. Most academics at Providence College are Male Assistant professor (75), Male Associate professor (57), and Female Assistant professor (57).

The most common positions for non-instructional staff at Providence College are: Management, with 115 employees, Business and Financial Operations, with 106 employees, and Office and Administrative Support with 89 employees.

Endowment

$317M

2022 Endowment

1.16%

decline from 2021

Providence College has an endowment valued at about $317M, as of the end of the 2022 fiscal year. The endowment of Providence College declined 1.16% from the previous year. The value of their endowment was $270M 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

$93.2M

2022 Salaries

4.53%

growth from 2021

In 2022, Providence College paid a median of $93.2M in salaries, which represents 38.9% of their overall expenditure ($239M) and a 4.53% growth from the previous year. This is compared to a 0.121% growth between 2020 and 2021, and a 4.99% growth between 2019 and 2020.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$32M

Instructional Salaries

314

Number of Employees

In 2022, Providence College paid a total of $32M to 314 employees working as instructors, which represents 34.3% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

132 Employees

Management

Most Common Non-Instructional Employee

115 Employees

In 2022, the most common positions for instructional staff at Providence College were Assistant professor with 132 employees, Associate professor with 106 employees, and Professor with 68 employees.

In 2022, the most common positions for non-instructional staff at Providence College were Management with 115 employees, Business and Financial Operations with 106 employees, and Office and Administrative Support with 89 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Assistant professor
Male Associate professor
Female Assistant professor

In 2022, the most common demographic for instructional staff at Providence College was Male Assistant professor with 75 employees, Male Associate professor with 57 employees, and Female Assistant professor with 57 employees.

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

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