Anderson University

https://www.anderson.edu

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2023 Undergraduate Tuition

$34,590

4.6% growth from 2022

2023 Average Net Price

$21,914

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

53.4%

5,661 Applicants

2023 Enrolled Students

1,255

82.3% Full-Time

2023 Graduation Rate

49.4%

171 Graduates

About

Anderson University is a higher education institution located in Madison County, IN. In 2023, the most popular Bachelors Degree concentrations at Anderson University were Registered Nursing (43 degrees awarded), General Psychology (16 degrees), and Elementary Education & Teaching (12 degrees).

In 2023, 315 degrees were awarded across all undergraduate and graduate programs at Anderson University. 60.3% of these degrees were awarded to women, and 39.7% awarded men. The most common race/ethnicity group of degree recipients was white (247 degrees), 10.3 times more than then the next closest race/ethnicity group, black or african american (24 degrees).

The median undergraduate tuition at Anderson University is $34,590, which is $10,015 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Anderson University was 0%, corresponding to 0 out of the 524 total borrowers.

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Anderson University is $34,590, which is $10,015 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $21,914.

In 2023, 95% of undergraduate students attending Anderson University received financial aid through grants. Comparatively, 61% of undergraduate students received financial aid through loans.

Tuition Costs

$34,590

2023 Undergraduate Tuition

In 2023, the cost of tuition at Anderson University was $34,590. The cost of tuition at Anderson University is $10,015 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$21,914

2023 Value

2.12%

1 Year Growth

In 2023 Anderson University had an average net price — the price paid after factoring in grants and loans — of $21,914. Between 2022 and 2023, the average net price of Anderson University grew by 2.12%.

This chart compares the average net price of Anderson 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

$9,860

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Anderson University was of $9,860 in 2023. The cost of room and board increased by 5.29% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,500. The cost of books and supplies increased by 7.14% during the same period.

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

Financial Aid by Income Level

95%

Undergraduates Receiving Financial Aid through Grants

61%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Anderson University received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Anderson 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 Anderson University was 0%, which represents 0 out of the 524 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

Anderson University received 5,661 undergraduate applications in 2023, which represents a 4.52% annual growth. Out of those 5,661 applicants, 3,024 students were accepted for enrollment, representing a 53.4% acceptance rate.

There were 1,255 students enrolled at Anderson University in 2023. 56% of first-time enrollees submitted SAT scores with their applications.

Anderson University has an overall enrollment yield of 10.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

53.4%

Acceptance Rate in 2023

3,024

Accepted Out of 5,661

In 2023, the undergraduate acceptance rate of Anderson University was 53.4% (3,024 admissions from 5,661 applications). This is higher than the acceptance rate of 2022, which was 51.8%. Between 2022 and 2023, the number of applicants grew by 4.52%, while admissions grew by 7.88%.

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

SAT Scores

56%

Submission Percentage (2023)

175

Scores Submitted (2023)

56% of enrolled first-time students at Anderson 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

Anderson University had a total enrollment of 1,255 students in 2023. The full-time enrollment at Anderson University is 1,033 students and the part-time enrollment is 222. This means that 82.3% of students enrolled at Anderson University are enrolled full-time.

The enrolled student population at Anderson University, both undergraduate and graduate, is 72% White, 10.8% Black or African American, 6.45% Hispanic or Latino, 5.58% Two or More Races, 1.35% Asian, and 0.159% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Anderson University in full-time Undergraduate programs are most commonly White Female (40%), followed by White Male (34.4%) and Black or African American Male (7.14%). Students enrolled in full-time Graduate programs are most commonly White Male (53.8%), followed by White Female (15.4%) and Black or African American Male (11.5%).

Full-Time vs Part-Time Enrollment

82.3%

Full-Time Enrollment

The total enrollment at Anderson University in 2023, both undergraduate and graduate, is 1,255 students. The full-time enrollment at Anderson University is 1,033 and the part-time enrollment is 222. This means that 82.3% of students enrolled at Anderson University are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

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

Retention Rate over Time

70%

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 Anderson University was 70%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Anderson University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
903 enrolled students
Black or African American
135 enrolled students
Hispanic or Latino
81 enrolled students

The enrolled student population at Anderson University is 72% White, 10.8% Black or African American, 6.45% Hispanic or Latino, 5.58% Two or More Races, 1.35% Asian, and 0.159% 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 Masters Colleges and Universities is 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 17 students (1.35%) did not report their race.

Graduates

In 2023, 65 more women than men received degrees from Anderson University. The most common race/ethnicity group of degree recipients at Anderson University is white (247 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

The most common Bachelor's Degree concentration at Anderson University is Registered Nursing (43 degrees awarded), followed by General Psychology (16 degrees) and Elementary Education & Teaching (12 degrees).

In 2023, the most specialized majors across all degree types at Anderson University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (12 degrees awarded), Parks, Recreation, & Leisure (13 degrees), and Visual & Performing Arts (26 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Anderson University are Elementary & middle school teachers (1,597,429 people), Secondary school teachers (578,245 people), Education administrators (299,928 people), Other managers (227,070 people), and Special education teachers (212,092 people).

The most specialized majors at Anderson University in 2023 are Theology (12 degrees awarded), Parks, Recreation, & Leisure (13 degrees), Visual & Performing Arts (26 degrees), Education (36 degrees), and History (3 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Anderson University are Surgeons, Securities, commodities, & financial services sales agents, Physicians, Cardiovascular technologists and technicians, and Chief executives & legislators

The most specialized majors at Anderson University are Theology (12 degrees awarded), Parks, Recreation, & Leisure (13 degrees), Visual & Performing Arts (26 degrees), Education (36 degrees), and History (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 Anderson University are Elementary & secondary schools (800,109 people), Computer Systems Design (629,045 people), Colleges, universities & professional schools, including junior colleges (547,392 people), Banking & related activities (511,143 people), and Securities, commodities, funds, trusts & other financial investments (441,421 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Anderson University.

Most Common (2023)

Registered Nursing
43 degrees awarded
General Psychology
16 degrees awarded
Elementary Education & Teaching
12 degrees awarded

In 2023, the most common bachelors degree concentration at Anderson University was Registered Nursing with 43 degrees awarded.

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

Sex Breakdown for Common Majors

125

Degrees Awarded to Men

in 2023

190

Degrees Awarded to Women

in 2023

In 2023, 125 degrees were awarded to men at Anderson University, which is 0.658 times less than the number of degrees awarded to females (190).

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

Most Common Male Majors

In 2023, 20 degrees were awarded to men at Anderson University in General Business Administration & Management, which is 0.87 times less than the 23 female recipients with that same degree.

Most Common Female Majors

In 2023, 37 degrees were awarded to men at Anderson University in Registered Nursing, which is 6.17 times more than the 6 male recipients with that same degree.

Time to Complete

54%

100% Completion Time

63%

150% Completion Time

In 2023, 54% of students graduating from Anderson University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 63% 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.

Asian Female

Highest Graduation Rate (75%)

The student demographic with the highest graduation rate in 2023 at Anderson University is Female and Asian (75% graduation rate). Across all Masters Colleges and Universities, 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.

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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
247 degrees awarded
Black or African American
24 degrees awarded
Two or More Races
11 degrees awarded

The most common race/ethnicity at Anderson University is white (247 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

1.59% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
150 degrees awarded
White Male
97 degrees awarded
Black or African American Male
13 degrees awarded

The most common race/ethnicity and sex grouping at Anderson University is white female (150 degrees awarded). There were 1.55 times more white female recipients than the next closest race/ethnicity group, white male (97 degrees).

Operations

Anderson University has an endowment valued at nearly $33.2M, as of the end of the 2023 fiscal year. The return on its endowment was of −281k (−0.846%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Anderson University had a total salary expenditure of 42.5M. Anderson University employs 40 Assistant professors, 27 Professors and 16 Associate professors. Most academics at Anderson University are Female Assistant professor (23), Male Professor (19), and Male Assistant professor (17).

The most common positions for non-instructional staff at Anderson University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 48 employees, Management, with 32 employees, and Office and Administrative Support with 32 employees.

Endowment

$33.2M

2023 Endowment

18.2%

decline from 2022

Anderson University has an endowment valued at about $33.2M, as of the end of the 2023 fiscal year. The endowment of Anderson University declined 18.2% from the previous year. The value of their endowment was $16.5M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Anderson 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

$13M

2023 Salaries

1.44%

growth from 2022

In 2023, Anderson University paid a median of $13M in salaries, which represents 30.6% of their overall expenditure ($42.5M) and a 1.44% growth from the previous year. This is compared to a 17.8% decline between 2021 and 2022, and a 14.8% decline between 2020 and 2021.

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

Instructional Salaries

$5.07M

Instructional Salaries

Number of Employees

In 2023, Anderson University paid a total of $5.07M to 85 employees working as instructors, which represents 38.9% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

40 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

48 Employees

In 2023, the most common positions for instructional staff at Anderson University were Assistant professor with 40 employees, Professor with 27 employees, and Associate professor with 16 employees.

In 2023, the most common positions for non-instructional staff at Anderson University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 48 employees, Management with 32 employees, and Office and Administrative Support with 32 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Professor
Male Assistant professor

In 2023, the most common demographic for instructional staff at Anderson University was Female Assistant professor with 23 employees, Male Professor with 19 employees, and Male Assistant professor with 17 employees.

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

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