William Peace University

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2020 Undergraduate Tuition
$31,950
2.4% growth from 2019
2020 Average Net Price
$25,841
After Financial Aid
2018 Student Loan
9.9%
Default Rate
2020 Acceptance Rate
61.4%
1,277 Applicants
2020 Enrolled Students
830
88.3% Full-Time
2020 Graduation Rate
38.1%
82 Graduates

About

William Peace University is a higher education institution located in Wake County, NC. In 2016, the most popular Bachelor's Degree concentrations at William Peace University were General Psychology (22 degrees awarded), General Business Administration & Management (22 degrees), and General Biological Sciences (16 degrees).

In 2020, 191 degrees were awarded across all undergraduate and graduate programs at William Peace University. 57.1% of these degrees were awarded to women, and 42.9% awarded men. The most common race/ethnicity group of degree recipients was white (99 degrees), 2.36 times more than then the next closest race/ethnicity group, black or african american (42 degrees).

The median undergraduate tuition at William Peace University is $31,950, which is $3,550 more than the national average for Baccalaureate Colleges ($28,400).

Costs

The median undergraduate tuition at William Peace University is $31,950, which is $3,550 more than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $25,841.

In 2020, 93% of undergraduate students attending William Peace University received financial aid through grants. Comparatively, 94% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$31,950
2020 Undergraduate Tuition

In 2020, the cost of tuition at William Peace University was $31,950. The cost of tuition at William Peace University is $3,550 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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

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Average Net Price

$25,841
2020 Value
3.43%
1 Year Growth

In 2020 William Peace University had an average net price — the price paid after factoring in grants and loans — of $25,841. Between 2019 and 2020, the average net price of William Peace University grew by 3.43%.

This chart compares the average net price of William Peace 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.

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Other Student Expenses

$10,326
Room and Board
$N/A
Books and Supplies

The average yearly cost of room and board at William Peace University was of $10,326 in 2020. During the same period, the average yearly cost of books and supplies was $N/A. The cost of room and board increased by 11.9% between 2019 and 2020. The cost of books and supplies remained the same by NaNM% during the same period.

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

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Financial Aid

Financial Aid by Income Level

93%
Undergraduates Receiving Financial Aid through Grants
94%
Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at William Peace University received financial aid through grants or loans in 2020. This represents a growth of 2.2% with respect to 2019, when 91% of undergraduate students received financial aid.

This chart compares the average award discount at William Peace 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.

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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.
9.9%
2018 Default Rate
39
Number of Defaults

In 2018 the default rate for borrower's at William Peace University was 9.9%, which represents 39 out of the 394 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.

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Admissions

William Peace University received 1,277 undergraduate applications in 2020, which represents a 40.1% annual decline. Out of those 1,277 applicants, 784 students were accepted for enrollment, representing a 61.4% acceptance rate.

There were 830 students enrolled at William Peace University in 2020, and 50% of first-time enrollees submitted SAT scores with their applications.

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

Acceptance Rate

61.4%
Acceptance Rate in 2020
784
Accepted Out of 1,277

In 2020, the undergraduate acceptance rate of William Peace University was 61.4% (784 admissions from 1,277 applications). This is higher than the acceptance rate of 2019, which was 50.5%. Between 2019 and 2020, the number of applicants declined by −40.1%, while admissions declined by −27.2%.

This chart compares the acceptance rate of William Peace University (in red) with that of other similar universities.

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SAT Scores

50%
Submission Percentage
72
Scores Submitted

50% of enrolled first-time students at William Peace University in 2020 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.

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Enrollment

William Peace University has a total enrollment of 830 students. The full-time enrollment at William Peace University is 733 students and the part-time enrollment is 97. This means that 88.3% of students enrolled at William Peace University are enrolled full-time.

The enrolled student population at William Peace University, both undergraduate and graduate, is 53.3% White, 24.3% Black or African American, 12% Hispanic or Latino, 5.3% Two or More Races, 2.05% Asian, 0.602% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at William Peace University in full-time Undergraduate programs are most commonly White Female (27.3%), followed by White Male (25.8%) and Black or African American Female (13.4%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

88.3%
Full-Time Enrollment

The total enrollment at William Peace University, both undergraduate and graduate, is 830 students. The full-time enrollment at William Peace University is 733 and the part-time enrollment is 97. This means that 88.3% of students enrolled at William Peace University are enrolled full-time compared with 80.1% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at William Peace University (in red) compares to similar universities.

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Retention Rate over Time

74%
2020 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 William Peace University was 74%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), William Peace University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    442
  2. Black or African American
    202
  3. Hispanic or Latino
    100

The enrolled student population at William Peace University is 53.3% White, 24.3% Black or African American, 12% Hispanic or Latino, 5.3% Two or More Races, 2.05% Asian, 0.602% American Indian or Alaska Native, and 0% 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 Baccalaureate Colleges is 54.8% White, 13.8% Black or African American, and 13.4% Hispanic or Latino.

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, 14 students (1.69%) did not report their race.

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Graduates

In 2020, 27 more women than men received degrees from William Peace University. The most common race/ethnicity group of degree recipients at William Peace University is white (99 degrees awarded). There were 2.36 times more white graduates than the next closest race/ethnicity group, black or african american (42 degrees).

The most common Bachelor's Degree concentration at William Peace University is General Psychology (22 degrees awarded), followed by General Business Administration & Management (22 degrees) and General Biological Sciences (16 degrees).

The most specialized majors across all degree types at William Peace University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communications (20 degrees awarded), Visual & Performing Arts (20 degrees), and Psychology (23 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at William Peace University are Other managers (444,834 people), Lawyers, & judges, magistrates, & other judicial workers (391,139 people), Elementary & middle school teachers (382,574 people), Postsecondary teachers (225,981 people), and Chief executives & legislators (183,073 people).

The most specialized majors at William Peace University are Communications (20 degrees awarded), Visual & Performing Arts (20 degrees), Psychology (23 degrees), Social Sciences (21 degrees), and Parks, Recreation, & Leisure (7 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at William Peace University are Nuclear medicine technologists and medical dosimetrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Nurse anesthetists

The most specialized majors at William Peace University are Communications (20 degrees awarded), Visual & Performing Arts (20 degrees), Psychology (23 degrees), Social Sciences (21 degrees), and Parks, Recreation, & Leisure (7 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at William Peace University are Elementary & secondary schools (891,578 people), Colleges, universities & professional schools, including junior colleges (585,883 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (404,699 people), Legal services (335,703 people), and Computer Systems Design (315,618 people).

The most specialized majors at William Peace University are Communications (20 degrees awarded), Visual & Performing Arts (20 degrees), Psychology (23 degrees), Social Sciences (21 degrees), and Parks, Recreation, & Leisure (7 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by William Peace University.
Most Common
  1. 22 degree-majorss awarded
  2. 22 degree-majorss awarded
  3. 16 degree-majorss awarded

In 2020, the most common bachelors degree concentration at William Peace University was General Psychology with 22 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at William Peace University according to their major.

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Sex Breakdown for Common Majors

82
Degrees Awarded to Men
in 2020
109
Degrees Awarded to Women
in 2020

In 2020, 82 degrees were awarded to men at William Peace University, which is 0.752 times less than the number of degrees awarded to females (109).

This chart displays the sex disparity between the top 5 majors at William Peace University by degrees awarded.

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Most Common Male Majors

In 2020, 15 degrees were awarded to men at William Peace University in General Business Administration & Management, which is 2.14 times more than the 7 female recipients with that same degree.

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Most Common Female Majors

In 2020, 17 degrees were awarded to women at William Peace University in General Psychology, which is 3.4 times more than the 5 male recipients with that same degree.

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Time to Complete

28%
100% Completion Time
37%
150% Completion Time

In 2020, 28% of students graduating from William Peace University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 37% completed their degrees within 150% of the normal time, and 38% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges 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.

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Diversity

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 at William Peace University is Male and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.4%).

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, 20.7% of graduates (17 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    99 degrees awarded
  2. Black or African American
    42 degrees awarded
  3. Hispanic or Latino
    21 degrees awarded

The most common race/ethnicity at William Peace University is white (99 degrees awarded). There were 2.36 times more white recipients than the next closest race/ethnicity group, black or african american (42 degrees).

8.38% of degree recipients (16 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    53 degrees awarded
  2. White Male
    46 degrees awarded
  3. Black or African American Female
    26 degrees awarded

The most common race/ethnicity and sex grouping at William Peace University is white female (53 degrees awarded). There were 1.15 times more white female recipients than the next closest race/ethnicity group, white male (46 degrees).

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Operations

William Peace University has an endowment valued at nearly $49.2M, as of the end of the 2020 fiscal year. The return on its endowment was of $1.4M (2.85%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, William Peace University had a total salary expenditure of $23.9M. William Peace University employs 23 Assistant professors, 9 Associate professors, and 5 Professors. Most academics at William Peace University are Female Assistant professors (15), Male Assistant professors(8), and Female Associate professors (6).

The most common positions for non-instructional staff at William Peace University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 22 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 16 employees, and Management with 12 employees.

Finances

Endowment

$49.2M
2020 Endowment
2.07%
decline from 2019

William Peace University has an endowment valued at about $49.2M, as of the end of the 2020 fiscal year. The endowment of William Peace University declined 2.07% from the previous year. The value of their endowment was $9.34M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at William Peace University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $951k - Federal
  2. $194k - State
  3. $0 - Local

As of 2020, William Peace University received $951k in grants and contracts from the federal government, $194k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$9.02M
2020 Salaries
3.33%
growth from 2019

In 2020, William Peace University paid a median of $9.02M in salaries, which represents 37.8% of their overall expenditure ($23.9M) and a 3.33% growth from the previous year. This is compared to a 3.97% growth from 2018 and a 8.55% growth from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

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Instructional Salaries

$1.93M
Instructional Salaries
37
Number of Employees

In 2020, William Peace University paid a total of $1.93M to 37 employees working as instructors, which represents 21.4% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
23 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
22 Employees

In 2020, the most common positions for instructional staff at William Peace University were Assistant professor with 23 employees; Associate professor with 9 employees; and Associate professor with 5 employees.

In 2020, the most common positions for non-instructional staff at William Peace University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 22 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 16 employees; and Management with 12 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Female Assistant professor
  2. Male Assistant professor
  3. Female Associate professor

In 2020, the most common demographic for instructional staff at William Peace University was Female Assistant professor with 15 employees, Male Assistant professor with 8 employees, and Female Associate professor with 6 employees.

This chart shows the sex split between each academic rank present at William Peace University.

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