William Peace University

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2016 Undergraduate Tuition

$26,880

4.8% growth from 2015

2016 Average Net Price

$23,345

After Financial Aid

2015 Student Loan

9.18%

Default Rate

2016 Acceptance Rate

62.8%

1,631 Applicants

2016 Enrolled Students

1,034

85.1% Full-Time

2016 Graduation Rate

41.7%

68 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 Business Administration & Management (58 degrees awarded), General Psychology (35 degrees), and Speech Communication & Rhetoric (18 degrees).

In 2016, 188 degrees were awarded across all undergraduate and graduate programs at William Peace University. 71.3% of these degrees were awarded to women, and 28.7% awarded men. The majority of degree recipients were white (81 degrees), 1.11 times more than then the next closest race/ethnicity group, black or african american (73 degrees).

The median undergraduate tuition at William Peace University is $26,880, which is $2,465 more than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at William Peace University is $26,880, which is $2,465 more than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $23,345.

In 2016, 91% of undergraduate students received federal grants, while 88% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$26,880

2016 Undergraduate Tuition

In 2016, the cost of tuition at William Peace University was $26,880. The cost of tuition at William Peace University is $2,465 more than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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Average Net Price

$23,345

2016 Value

7.61%

1 Year Growth

In 2016 William Peace University had an average net price — the price paid after factoring in grants and loans — of $23,345. Between 2015 and 2016, the average net price of William Peace University grew by 7.61%.

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

$8,550

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at William Peace University was of $8,550 in 2016. During the same period, the average yearly cost of books and supplies was $1,300. The cost of room and board increased by 1.79% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

91%

Of Undergraduates Receive Grants

88%

Of Undergraduates Receive Federal Loans

91% of undergraduate students at William Peace University received grants or loans in 2016. This represents a decline of 4.21% with respect to 2015, when 95% 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.

9.18%

2015 Default Rate

36

Number of Defaults

In 2015 the default rate for borrower's at William Peace University was 9.18%, which represents 36 out of the 392 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 1,631 undergraduate applications in 2016, which represents a 10.8% annual decline. Out of those 1,631 applicants, 1,025 students were accepted for enrollment, representing a 62.8% acceptance rate.

There were 1,034 students enrolled at William Peace University in 2016, and 52% of first-time enrollees submitted SAT scores with their applications.

William Peace University has an overall enrollment yield of 19.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

62.8%

Acceptance Rate in 2016

1,025

Accepted Out of 1,631

In 2016, the undergraduate acceptance rate of William Peace University was 62.8% (1,025 admissions from 1,631 applications). This is higher than the acceptance rate of 2015, which was 50.2%. Between 2015 and 2016, the number of applicants declined by -108%, while admissions grew by 11.7%.

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

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SAT Scores

52%

Submission Percentage

103

Scores Submitted

52% of enrolled first-time students at William Peace University in 2016 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 1,034 students. The full-time enrollment at William Peace University is 880 students and the part-time enrollment is 154. This means that 85.1% of students enrolled at William Peace University are enrolled full-time.

The enrolled student population at William Peace University, both undergraduate and graduate, is 45.6% White, 32.5% Black or African American, 6.96% Hispanic or Latino, 1.84% Two or More Races, 1.55% Asian, 1.26% American Indian or Alaska Native, and 0.193% Native Hawaiian or Other Pacific Islanders.

Students enrolled at William Peace University in full-time Undergraduate programs are majority White Female (25.7%), followed by White Male (20.8%) and Black or African American Female (19.8%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

85.1%

Full-Time Enrollment

The total enrollment at William Peace University, both undergraduate and graduate, is 1,034 students. The full-time enrollment at William Peace University is 880 and the part-time enrollment is 154. This means that 85.1% of students enrolled at William Peace University are enrolled full-time compared with 81% 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

70%

2016 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 70%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    471

  2. Black or African American

    336

  3. Hispanic or Latino

    72

The enrolled student population at William Peace University is 45.6% White, 32.5% Black or African American, 6.96% Hispanic or Latino, 1.84% Two or More Races, 1.55% Asian, 1.26% American Indian or Alaska Native, and 0.193% 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 55.6% White, 14% Black or African American, and 12.4% 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, 103 students (9.96%) did not report their race.

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Graduates

In 2016, 80 more women than men received degrees from William Peace University. The majority of degree recipients at William Peace University are white (81 degrees awarded). There were 1.11 times more white graduates than the next closest race/ethnicity group, black or african american (73 degrees).

The most common Bachelor's Degree concentration at William Peace University is General Business Administration & Management (58 degrees awarded), followed by General Psychology (35 degrees) and Speech Communication & Rhetoric (18 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 Psychology (35 degrees awarded), Communications (18 degrees), and English (5 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 Physicians & surgeons (448,306 people), Elementary & middle school teachers (444,683 people), Miscellaneous managers (433,533 people), Postsecondary teachers (304,751 people), and Designers (226,898 people).

The most specialized majors at William Peace University are Psychology (35 degrees awarded), Communications (18 degrees), English (5 degrees), Biology (12 degrees), and Visual & Performing Arts (12 degrees).

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Highest Paying Jobs by Major

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 Physicians & surgeons, Dentists, Dental hygienists, Chief executives & legislators, and Securities, commodities, & financial services sales agents

The most specialized majors at William Peace University are Psychology (35 degrees awarded), Communications (18 degrees), English (5 degrees), Biology (12 degrees), and Visual & Performing Arts (12 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 (901,520 people), Hospitals (727,938 people), Colleges, universities & professional schools, including junior colleges (678,801 people), Computer Systems Design (241,516 people), and Outpatient care centers (222,123 people).

The most specialized majors at William Peace University are Psychology (35 degrees awarded), Communications (18 degrees), English (5 degrees), Biology (12 degrees), and Visual & Performing Arts (12 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. 58 degrees awarded

  2. 35 degrees awarded

  3. 18 degrees awarded

In 2016, the most common bachelors degree concentration at William Peace University was General Business Administration & Management with 58 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 54

  2. 134

In 2016, 54 degrees were awarded to men at William Peace University, which is 0.403 times less than the number of degrees awarded to females (134).

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

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Most Common Male Majors

In 2016, 23 degrees were awarded to men at William Peace University in General Business Administration & Management, which is 0.657 times less than the 35 female recipients with that same degree.

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Most Common Female Majors

In 2016, 35 degrees were awarded to women at William Peace University in General Business Administration & Management, which is 1.52 times more than the 23 male recipients with that same degree.

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Time to Complete

29%

100% Completion Time

36%

150% Completion Time

In 2016, 29% of students graduating from William Peace University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 36% completed their degrees within 150% of the normal time, and 36% 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 Gender

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Female

Highest Graduation Rate (62.5%)

The student demographic with the highest graduation rate at William Peace University is Female and Hispanic or Latino (62.5% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

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, 20.6% of graduates (14 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    81 degrees awarded

  2. Black or African American

    73 degrees awarded

  3. Unknown

    13 degrees awarded

The most common race/ethnicity at William Peace University is white (81 degrees awarded). There were 1.11 times more white recipients than the next closest race/ethnicity group, black or african american (73 degrees).

6.91% of degree recipients (13 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    57 degrees awarded

  2. Black or African American Female

    49 degrees awarded

  3. Black or African American Male

    24 degrees awarded

The most common race/ethnicity and gender grouping at William Peace University is white female (57 degrees awarded). There were 1.16 times more white female recipients than the next closest race/ethnicity group, black or african american female (49 degrees).

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Operations

William Peace University has an endowment valued at nearly $36.3M, as of the end of the 2015 fiscal year. The return on its endowment was of $-286k (-0.788%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, William Peace University had a total expenditure of $21.7M. Of that $21.7M, they spent $7.43M on salaries and $21.7M on benefits.

William Peace University employs 14 Assistant professors, 11 Associate professors, and 2 Professors. Most academics at William Peace University are Male Assistant professors (7), Female Assistant professors(7), and Male 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 20 employees, Office and Administrative Support, with 13 employees, and Management with 9 employees.

Finances

Endowment

$36.3M

2015 Endowment

4.27%

decline from 2014

William Peace University has an endowment valued at about $36.3M, as of the end of the 2015 fiscal year. The endowment of William Peace University declined 4.27% from the previous year. The value of their endowment was $2.68M 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. $115k - Federal

  2. $3.47k - State

  3. $0 - Local

As of 2015, William Peace University received $115k in grants and contracts from the federal government, $3.47k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$7.43M

Salary Expenditure

$21.7M

Benefits Expenditure

In 2015, William Peace University had a total expenditure of $21.7M. Of that $21.7M, they spent $7.43M on salaries and $21.7M on benefits.

The bar chart shows the share of the primary expenses at William Peace University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at William Peace University as a share of total expenditure.

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Salary Expenditure

$7.43M

2015 Salaries

2.61%

decline from 2014

In 2015, William Peace University paid a median of $7.43M in salaries, which represents 34.3% of their overall expenditure ($21.7M) and a 2.61% decline from the previous year. This is compared to a 3.04% growth from 2013 and a 8.1% growth from 2012.

The median for similar Baccalaureate Colleges is 13.3M (38.4% of overall expenditures).

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Instructional Salaries

$1.13M

Instructional Salaries

22

Number of Employees

In 2015, William Peace University paid a total of $1.13M to 22 employees working as instructors, which represents 15.2% of all salaries paid.

This is compared to a median of $4.52M (34%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

14 Employees

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

Most Common Non-Instructional Employee

20 Employees

In 2016, the most common positions for instructional staff at William Peace University were Assistant professor with 14 employees; Associate professor with 11 employees; and Associate professor with 2 employees.

In 2016, the most common positions for non-instructional staff at William Peace University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 20 employees; Office and Administrative Support with 13 employees; and Management with 9 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Assistant professor

  2. Female Assistant professor

  3. Male Associate professor

In 2016, the most common demographic for instructional staff at William Peace University was Male Assistant professor with 7 employees, Female Assistant professor with 7 employees, and Male Associate professor with 6 employees.

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

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