Truman State University

https://www.truman.edu

2024 Undergraduate Tuition

$9,500

4.03% growth from 2023

2024 Average Net Price

$13,602

After Financial Aid

2023 Default Rate

0.153%

on Student Loans

2024 Acceptance Rate

83.8%

2,883 Applicants

2024 Enrolled Students

3,664

73.6% Full-Time

2024 Graduation Rate

68.5%

749 Graduates

Costs

In 2024, the median undergraduate tuition at Truman State University is $9,500, which is $14,500 less 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 $13,602.

In 2024, 75% of undergraduate students attending Truman State University received financial aid through grants. Comparatively, 27% of undergraduate students received financial aid through loans.

Tuition Costs

$9,500

2024 Undergraduate Tuition

In 2024, the cost of tuition at Truman State University was $9,500. The cost of tuition at Truman State University is $−14,500 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

This chart compares the tuition costs of Truman State University (in red) with those of other similar universities.

Average Net Price

$13,602

2024 Value

6.28%

1 Year Growth

In 2024 Truman State University had an average net price — the price paid after factoring in grants and loans — of $13,602. Between 2023 and 2024, the average net price of Truman State University grew by 6.28%.

This chart compares the average net price of Truman State University (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

$10,701

Room and Board

$1,100

Books and Supplies

The average yearly cost of room and board at Truman State University was of $10,701 in 2024. The cost of room and board increased by 7.7% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,100. The cost of books and supplies increased by 10% during the same period.

This chart compares the average student costs at Truman State University (in red) with that of similar universities.

Financial Aid by Income Level

75%

Undergraduates Receiving Financial Aid through Grants

27%

Undergraduates Receiving Financial Aid through Loans

75% of undergraduate students at Truman State University received financial aid through grants or loans in 2024. This represents a growth of 1.35% with respect to 2023, when 74% of undergraduate students received financial aid.

This chart compares the average award discount at Truman State University (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.

0.153%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Truman State University was 0.153%, which represents 1 out of the 654 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.

Enrollment

Truman State University had a total enrollment of 3,664 students in 2024. The full-time enrollment at Truman State University is 2,695 students and the part-time enrollment is 969. This means that 73.6% of students enrolled at Truman State University are enrolled full-time.

The enrolled student population at Truman State University, both undergraduate and graduate, is 79.9% White, 3.96% Hispanic or Latino, 3.11% Two or More Races, 2.32% Black or African American, 1.42% Asian, 0.273% Native Hawaiian or Other Pacific Islanders, and 0.164% American Indian or Alaska Native.

Students enrolled at Truman State University in full-time Undergraduate programs are most commonly White Female (47.8%), followed by White Male (30.2%) and Hispanic or Latino Female (2.16%). Students enrolled in full-time Graduate programs are most commonly White Female (58.2%), followed by White Male (24.8%) and Two or More Races Female (1.84%).

Full-Time vs Part-Time Enrollment

73.6%

Full-Time Enrollment

The total enrollment at Truman State University in 2024, both undergraduate and graduate, is 3,664 students. The full-time enrollment at Truman State University is 2,695 and the part-time enrollment is 969. This means that 73.6% of students enrolled at Truman State University 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 Truman State University (in red) compares to similar universities.

Retention Rate over Time

85%

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 Truman State University was 85%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Truman State University had a retention rate higher than its peers.

This chart shows the retention rate over time at Truman State University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
2,928 enrolled students
Hispanic or Latino
145 enrolled students
Two or More Races
114 enrolled students

The enrolled student population at Truman State University is 79.9% White, 3.96% Hispanic or Latino, 3.11% Two or More Races, 2.32% Black or African American, 1.42% Asian, 0.273% Native Hawaiian or Other Pacific Islanders, and 0.164% 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 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, 57 students (1.56%) did not report their race.

Operations

Truman State University has an endowment valued at nearly $70.2M, as of the end of the 2024 fiscal year. The return on its endowment was of 12.9M (18.4%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Truman State University had a total salary expenditure of 97.5M. Truman State University employs 80 Assistant professors, 78 Professors and 46 Associate professors. Most academics at Truman State University are Male Professor (53), Male Assistant professor (41), and Female Assistant professor (39).

The most common positions for non-instructional staff at Truman State University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 92 employees, Office and Administrative Support, with 57 employees, and Service with 51 employees.

Endowment

$70.2M

2024 Endowment

13%

growth from 2023

Truman State University has an endowment valued at about $70.2M, as of the end of the 2024 fiscal year. The endowment of Truman State University grew 13% from the previous year. The value of their endowment was $24.3M 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 Truman State University (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: Medium Programs Carnegie Classification grouping.

Salary Expenditure

$40.1M

2024 Salaries

1.47%

growth from 2023

In 2024, Truman State University paid a median of $40.1M in salaries, which represents 41.2% of their overall expenditure ($97.5M) and a 1.47% growth from the previous year. This is compared to a 0.547% growth between 2022 and 2023, and a 1.65% decline between 2021 and 2022.

Instructional Salaries

$15.9M

Instructional Salaries

231

Number of Employees

In 2024, Truman State University paid a total of $15.9M to 231 employees working as instructors, which represents 39.7% 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 Truman State University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 92 employees, Office and Administrative Support with 57 employees, and Service with 51 employees.

Truman State University

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Truman State University

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

SAT Scores

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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