William Peace University

www.peace.edu

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2023 Undergraduate Tuition

$32,550

2023 Average Net Price

$24,503

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

97.4%

1,286 Applicants

2023 Enrolled Students

730

80.5% Full-Time

2023 Graduation Rate

44.3%

90 Graduates

About

William Peace University is a higher education institution located in Wake County, NC. In 2023, the most popular Bachelors Degree concentrations at William Peace University were General Business Administration & Management (30 degrees awarded), Game & Interactive Media Design (18 degrees), and General Biological Sciences (17 degrees).

In 2023, 183 degrees were awarded across all undergraduate and graduate programs at William Peace University. 51.4% of these degrees were awarded to women, and 48.6% awarded men. The most common race/ethnicity group of degree recipients was white (99 degrees), 2.54 times more than then the next closest race/ethnicity group, black or african american (39 degrees).

The median undergraduate tuition at William Peace University is $32,550, which is $3,270 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at William Peace University was 0%, corresponding to 0 out of the 320 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at William Peace University is $32,550, which is $3,270 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $24,503.

In 2023, 81% of undergraduate students attending William Peace University received financial aid through grants. Comparatively, 62% of undergraduate students received financial aid through loans.

Tuition Costs

$32,550

2023 Undergraduate Tuition

In 2023, the cost of tuition at William Peace University was $32,550. The cost of tuition at William Peace University is $3,270 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$24,503

2023 Value

6.35%

1 Year Growth

In 2023 William Peace University had an average net price — the price paid after factoring in grants and loans — of $24,503. Between 2022 and 2023, the average net price of William Peace University grew by 6.35%.

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.

Other Student Expenses

$10,526

Room and Board

The average yearly cost of room and board at William Peace University was of $10,526 in 2023. The cost of room and board did not change between 2022 and 2023.

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

Financial Aid by Income Level

81%

Undergraduates Receiving Financial Aid through Grants

62%

Undergraduates Receiving Financial Aid through Loans

81% of undergraduate students at William Peace University received financial aid through grants or loans in 2023. This represents a decline of 2.41% with respect to 2022, when 83% 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.

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 William Peace University was 0%, which represents 0 out of the 320 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

William Peace University received 1,286 undergraduate applications in 2023, which represents a 10.3% annual growth. Out of those 1,286 applicants, 1,252 students were accepted for enrollment, representing a 97.4% acceptance rate.

There were 730 students enrolled at William Peace University in 2023. 7% of first-time enrollees submitted SAT scores with their applications.

William Peace University has an overall enrollment yield of 12.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

97.4%

Acceptance Rate in 2023

1,252

Accepted Out of 1,286

In 2023, the undergraduate acceptance rate of William Peace University was 97.4% (1,252 admissions from 1,286 applications). This is higher than the acceptance rate of 2022, which was 63.2%. Between 2022 and 2023, the number of applicants declined by 10.3%, while admissions grew by 38.2%.

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

SAT Scores

Submission Percentage (2023)

Scores Submitted (2023)

7% of enrolled first-time students at William Peace University in 2023 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

William Peace University had a total enrollment of 730 students in 2023. The full-time enrollment at William Peace University is 588 students and the part-time enrollment is 142. This means that 80.5% of students enrolled at William Peace University are enrolled full-time.

The enrolled student population at William Peace University, both undergraduate and graduate, is 52.1% White, 22.3% Black or African American, 12.1% Hispanic or Latino, 6.85% Two or More Races, 2.6% Asian, and 0.548% American Indian or Alaska Native.

Students enrolled at William Peace University in full-time Undergraduate programs are most commonly White Male (31.8%), followed by White Female (22%) and Black or African American Female (11.3%).

Full-Time vs Part-Time Enrollment

80.5%

Full-Time Enrollment

The total enrollment at William Peace University in 2023, both undergraduate and graduate, is 730 students. The full-time enrollment at William Peace University is 588 and the part-time enrollment is 142. This means that 80.5% of students enrolled at William Peace University are enrolled full-time compared with 78.8% 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.

Retention Rate over Time

61%

2023 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 61%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), William Peace University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
380 enrolled students
Black or African American
163 enrolled students
Hispanic or Latino
88 enrolled students

The enrolled student population at William Peace University is 52.1% White, 22.3% Black or African American, 12.1% Hispanic or Latino, 6.85% Two or More Races, 2.6% Asian, and 0.548% 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 Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 21 students (2.88%) did not report their race.

Graduates

In 2023, 5 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 2.54 times more white recipients than the next closest race/ethnicity group, black or african american (39 degrees).

The most common Bachelor's Degree concentration at William Peace University is General Business Administration & Management (30 degrees awarded), followed by Game & Interactive Media Design (18 degrees) and General Biological Sciences (17 degrees).

In 2023, 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 Parks, Recreation, & Leisure (23 degrees awarded), Visual & Performing Arts (23 degrees), and Social Sciences (18 degrees).

Common Jobs by Major

Other managers

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 (442,937 people), Physicians (436,432 people), Lawyers, & judges, magistrates, & other judicial workers (366,429 people), Postsecondary teachers (263,111 people), and Elementary & middle school teachers (261,846 people).

The most specialized majors at William Peace University in 2023 are Parks, Recreation, & Leisure (23 degrees awarded), Visual & Performing Arts (23 degrees), Social Sciences (18 degrees), Biology (17 degrees), and Natural Resources & Conservation (3 degrees) (as of 2023).

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 William Peace University are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at William Peace University are Parks, Recreation, & Leisure (23 degrees awarded), Visual & Performing Arts (23 degrees), Social Sciences (18 degrees), Biology (17 degrees), and Natural Resources & Conservation (3 degrees) (as of 2023).

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 William Peace University are Elementary & secondary schools (835,072 people), Colleges, universities & professional schools, including junior colleges (557,296 people), Legal services (398,499 people), Computer Systems Design (318,518 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (265,460 people).

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 (2023)

General Business Administration & Management
30 degrees awarded
Game & Interactive Media Design
18 degrees awarded
General Biological Sciences
17 degrees awarded

In 2023, the most common bachelors degree concentration at William Peace University was General Business Administration & Management with 30 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 89 degrees were awarded to men at William Peace University, which is 0.947 times less than the number of degrees awarded to females (94).

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

Most Common Male Majors

In 2023, 23 degrees were awarded to men at William Peace University in General Business Administration & Management, which is 3.29 times more than the 7 female recipients with that same degree.

Most Common Female Majors

In 2023, 15 degrees were awarded to men at William Peace University in General Biological Sciences, which is 7.5 times more than the 2 male recipients with that same degree.

Time to Complete

34%

100% Completion Time

42%

150% Completion Time

In 2023, 34% of students graduating from William Peace University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 42% completed their degrees within 150% of the normal time, and 42% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (52.6%)

The student demographic with the highest graduation rate in 2023 at William Peace University is Female and White (52.6% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
99 degrees awarded
Black or African American
39 degrees awarded
Hispanic or Latino
24 degrees awarded

The most common race/ethnicity at William Peace University is white (99 degrees awarded). There were 2.54 times more white recipients than the next closest race/ethnicity group, black or african american (39 degrees).

1.09% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
53 degrees awarded
White Female
46 degrees awarded
Black or African American Female
25 degrees awarded

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

Operations

William Peace University has an endowment valued at nearly $49.3M, as of the end of the 2023 fiscal year. The return on its endowment was of 4.56M (9.26%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, William Peace University had a total salary expenditure of 24.6M. William Peace University employs 14 Associate professors, 13 Assistant professors and 6 Professors. Most academics at William Peace University are Female Associate professor (9), Female Assistant professor (8), and Male Associate professor (5).

The most common positions for non-instructional staff at William Peace University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 25 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 16 employees, and Office and Administrative Support with 14 employees.

Endowment

$49.3M

2023 Endowment

3.25%

growth from 2022

William Peace University has an endowment valued at about $49.3M, as of the end of the 2023 fiscal year. The endowment of William Peace University grew 3.25% from the previous year. The value of their endowment was $2.13M lower 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.

Salary Expenditure

$9.08M

2023 Salaries

2.49%

growth from 2022

In 2023, William Peace University paid a median of $9.08M in salaries, which represents 36.9% of their overall expenditure ($24.6M) and a 2.49% growth from the previous year. This is compared to a 1.46% growth between 2021 and 2022, and a 3.27% decline between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$1.95M

Instructional Salaries

Number of Employees

In 2023, William Peace University paid a total of $1.95M to 33 employees working as instructors, which represents 21.4% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

14 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

25 Employees

In 2023, the most common positions for instructional staff at William Peace University were Associate professor with 14 employees, Assistant professor with 13 employees, and Professor with 6 employees.

In 2023, the most common positions for non-instructional staff at William Peace University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 25 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 16 employees, and Office and Administrative Support with 14 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Associate professor
Female Assistant professor
Male Associate professor

In 2023, the most common demographic for instructional staff at William Peace University was Female Associate professor with 9 employees, Female Assistant professor with 8 employees, and Male Associate professor with 5 employees.

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

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