Massachusetts Maritime Academy

www.maritime.edu

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2023 Undergraduate Tuition

$2,054

3.01% growth from 2022

2023 Average Net Price

$20,759

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

94.6%

1,120 Applicants

2023 Enrolled Students

1,362

98.2% Full-Time

2023 Graduation Rate

79.1%

307 Graduates

About

Massachusetts Maritime Academy is a higher education institution located in Barnstable County, MA. In 2023, the most popular Bachelors Degree concentrations at Massachusetts Maritime Academy were Naval Architecture & Marine Engineering (73 degrees awarded), Other Homeland Security, Law Enforcement, Firefighting, & Related Protective Services (69 degrees), and International Business, Trade, & Commerce (54 degrees).

In 2023, 391 degrees were awarded across all undergraduate and graduate programs at Massachusetts Maritime Academy. 13.3% of these degrees were awarded to women, and 86.7% awarded men. The most common race/ethnicity group of degree recipients was white (350 degrees), 25 times more than then the next closest race/ethnicity group, hispanic or latino (14 degrees).

The median undergraduate tuition at Massachusetts Maritime Academy is $2,054, which is $−22,521 less than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Massachusetts Maritime Academy was 0%, corresponding to 0 out of the 413 total borrowers.

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Massachusetts Maritime Academy is $2,054, which is $22,521 less 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 $20,759.

In 2023, 80% of undergraduate students attending Massachusetts Maritime Academy received financial aid through grants. Comparatively, 79% of undergraduate students received financial aid through loans.

Tuition Costs

$2,054

2023 Undergraduate Tuition

In 2023, the cost of tuition at Massachusetts Maritime Academy was $2,054. The cost of tuition at Massachusetts Maritime Academy is $−22,521 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

This chart compares the tuition costs of Massachusetts Maritime Academy (in red) with those of other similar universities.

Average Net Price

$20,759

2023 Value

4.2%

1 Year Growth

In 2023 Massachusetts Maritime Academy had an average net price — the price paid after factoring in grants and loans — of $20,759. Between 2022 and 2023, the average net price of Massachusetts Maritime Academy grew by 4.2%.

This chart compares the average net price of Massachusetts Maritime Academy (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

$14,048

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Massachusetts Maritime Academy was of $14,048 in 2023. The cost of room and board increased by 3.46% 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 did not change during the same period.

This chart compares the average student costs at Massachusetts Maritime Academy (in red) with that of similar universities.

Financial Aid by Income Level

80%

Undergraduates Receiving Financial Aid through Grants

79%

Undergraduates Receiving Financial Aid through Loans

80% of undergraduate students at Massachusetts Maritime Academy received financial aid through grants or loans in 2023. This represents a decline of 17.5% with respect to 2022, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Massachusetts Maritime Academy (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 Massachusetts Maritime Academy was 0%, which represents 0 out of the 413 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

Massachusetts Maritime Academy received 1,120 undergraduate applications in 2023, which represents a 8.95% annual growth. Out of those 1,120 applicants, 1,059 students were accepted for enrollment, representing a 94.6% acceptance rate.

There were 1,362 students enrolled at Massachusetts Maritime Academy in 2023.

Massachusetts Maritime Academy has an overall enrollment yield of 37.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

94.6%

Acceptance Rate in 2023

1,059

Accepted Out of 1,120

In 2023, the undergraduate acceptance rate of Massachusetts Maritime Academy was 94.6% (1,059 admissions from 1,120 applications). This is higher than the acceptance rate of 2022, which was 89.4%. Between 2022 and 2023, the number of applicants grew by 8.95%, while admissions grew by 15.2%.

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

SAT Scores

0% of enrolled first-time students at Massachusetts Maritime Academy in 2022 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

Massachusetts Maritime Academy had a total enrollment of 1,362 students in 2023. The full-time enrollment at Massachusetts Maritime Academy is 1,337 students and the part-time enrollment is 25. This means that 98.2% of students enrolled at Massachusetts Maritime Academy are enrolled full-time.

The enrolled student population at Massachusetts Maritime Academy, both undergraduate and graduate, is 78.6% White, 5.29% Hispanic or Latino, 2.94% Two or More Races, 1.25% Black or African American, 1.1% Asian, 0.808% American Indian or Alaska Native, and 0.147% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Massachusetts Maritime Academy in full-time Undergraduate programs are most commonly White Male (70.9%), followed by White Female (10.5%) and Hispanic or Latino Male (4.41%). Students enrolled in full-time Graduate programs are most commonly White Male (58.9%), followed by White Female (14.7%) and Asian Male (2.63%).

Full-Time vs Part-Time Enrollment

98.2%

Full-Time Enrollment

The total enrollment at Massachusetts Maritime Academy in 2023, both undergraduate and graduate, is 1,362 students. The full-time enrollment at Massachusetts Maritime Academy is 1,337 and the part-time enrollment is 25. This means that 98.2% of students enrolled at Massachusetts Maritime Academy 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 Massachusetts Maritime Academy (in red) compares to similar universities.

Retention Rate over Time

79%

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 Massachusetts Maritime Academy was 79%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Massachusetts Maritime Academy had a retention rate higher than its peers.

This chart shows the retention rate over time at Massachusetts Maritime Academy (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,071 enrolled students
Hispanic or Latino
72 enrolled students
Two or More Races
40 enrolled students

The enrolled student population at Massachusetts Maritime Academy is 78.6% White, 5.29% Hispanic or Latino, 2.94% Two or More Races, 1.25% Black or African American, 1.1% Asian, 0.808% American Indian or Alaska Native, and 0.147% 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, 114 students (8.37%) did not report their race.

Graduates

In 2023, 287 fewer women than men received degrees from Massachusetts Maritime Academy. The most common race/ethnicity group of degree recipients at Massachusetts Maritime Academy is white (350 degrees awarded). There were 25 times more white recipients than the next closest race/ethnicity group, hispanic or latino (14 degrees).

The most common Bachelor's Degree concentration at Massachusetts Maritime Academy is Naval Architecture & Marine Engineering (73 degrees awarded), followed by Other Homeland Security, Law Enforcement, Firefighting, & Related Protective Services (69 degrees) and International Business, Trade, & Commerce (54 degrees).

In 2023, the most specialized majors across all degree types at Massachusetts Maritime Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Transportation (47 degrees awarded), Natural Resources & Conservation (30 degrees), and Engineering (141 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Massachusetts Maritime Academy are Software developers (491,290 people), Other managers (392,665 people), Miscellaneous engineers, including nuclear engineers (376,017 people), Civil engineers (303,929 people), and Mechanical engineers (226,326 people).

The most specialized majors at Massachusetts Maritime Academy in 2023 are Transportation (47 degrees awarded), Natural Resources & Conservation (30 degrees), Engineering (141 degrees), Protective Services (86 degrees), and Engineering Technologies (21 degrees) (as of 2023).

Highest Paying Jobs by Major

Podiatrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Massachusetts Maritime Academy are Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Photographic process workers & processing machine operators

The most specialized majors at Massachusetts Maritime Academy are Transportation (47 degrees awarded), Natural Resources & Conservation (30 degrees), Engineering (141 degrees), Protective Services (86 degrees), and Engineering Technologies (21 degrees) (as of 2023).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Massachusetts Maritime Academy are Computer Systems Design (956,952 people), Construction (684,519 people), Elementary & secondary schools (582,488 people), Architectural, engineering & related services (546,325 people), and Banking & related activities (539,458 people).

Majors Awarded

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

Most Common (2023)

Naval Architecture & Marine Engineering
73 degrees awarded
Other Homeland Security, Law Enforcement, Firefighting, & Related Protective Services
69 degrees awarded
International Business, Trade, & Commerce
54 degrees awarded

In 2023, the most common bachelors degree concentration at Massachusetts Maritime Academy was Naval Architecture & Marine Engineering with 73 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Massachusetts Maritime Academy according to their major.

Sex Breakdown for Common Majors

339

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 339 degrees were awarded to men at Massachusetts Maritime Academy, which is 6.52 times more than the number of degrees awarded to females (52).

This chart displays the sex disparity between the top 5 majors at Massachusetts Maritime Academy by degrees awarded.

Most Common Male Majors

In 2023, 72 degrees were awarded to men at Massachusetts Maritime Academy in Other Homeland Security, Law Enforcement, Firefighting, & Related Protective Services, which is 5.14 times more than the 14 female recipients with that same degree.

Most Common Female Majors

In 2023, 14 degrees were awarded to men at Massachusetts Maritime Academy in Other Homeland Security, Law Enforcement, Firefighting, & Related Protective Services, which is 0.194 times less than the 72 male recipients with that same degree.

Time to Complete

66%

100% Completion Time

78%

150% Completion Time

In 2023, 66% of students graduating from Massachusetts Maritime Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 78% completed their degrees within 150% of the normal time, and 80% 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 Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Massachusetts Maritime Academy is Male and Asian (100% 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, 9.45% of graduates (29 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
350 degrees awarded
Hispanic or Latino
14 degrees awarded
American Indian or Alaska Native
5 degrees awarded

The most common race/ethnicity at Massachusetts Maritime Academy is white (350 degrees awarded). There were 25 times more white recipients than the next closest race/ethnicity group, hispanic or latino (14 degrees).

3.07% of degree recipients (12 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
308 degrees awarded
White Female
42 degrees awarded
Hispanic or Latino Male
11 degrees awarded

The most common race/ethnicity and sex grouping at Massachusetts Maritime Academy is white male (308 degrees awarded). There were 7.33 times more white male recipients than the next closest race/ethnicity group, white female (42 degrees).

Operations

Massachusetts Maritime Academy has an endowment valued at nearly $53.8M, as of the end of the 2023 fiscal year. The return on its endowment was of 4.95M (9.2%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Massachusetts Maritime Academy had a total salary expenditure of 80.4M. Massachusetts Maritime Academy employs 36 Professors, 28 Associate professors and 16 Assistant professors. Most academics at Massachusetts Maritime Academy are Male Professor (24), Male Associate professor (20), and Female Professor (12).

The most common positions for non-instructional staff at Massachusetts Maritime Academy are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 29 employees, Management, with 24 employees, and Business and Financial Operations with 19 employees.

Endowment

$53.8M

2023 Endowment

32.7%

growth from 2022

Massachusetts Maritime Academy has an endowment valued at about $53.8M, as of the end of the 2023 fiscal year. The endowment of Massachusetts Maritime Academy grew 32.7% from the previous year. The value of their endowment was $4.11M 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 Massachusetts Maritime Academy (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: Small Programs Carnegie Classification grouping.

Salary Expenditure

$26.5M

2023 Salaries

0.528%

growth from 2022

In 2023, Massachusetts Maritime Academy paid a median of $26.5M in salaries, which represents 32.9% of their overall expenditure ($80.4M) and a 0.528% growth from the previous year. This is compared to a 5.25% growth between 2021 and 2022, and a 5.64% decline between 2020 and 2021.

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

Instructional Salaries

$8.76M

Instructional Salaries

Number of Employees

In 2023, Massachusetts Maritime Academy paid a total of $8.76M to 92 employees working as instructors, which represents 33.1% of all salaries paid.

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

Occupations by Share

Professor

Most Common Instructor

36 Employees

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

Most Common Non-Instructional Employee

29 Employees

In 2023, the most common positions for instructional staff at Massachusetts Maritime Academy were Professor with 36 employees, Associate professor with 28 employees, and Assistant professor with 16 employees.

In 2023, the most common positions for non-instructional staff at Massachusetts Maritime Academy were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 29 employees, Management with 24 employees, and Business and Financial Operations with 19 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Male Associate professor
Female Professor

In 2023, the most common demographic for instructional staff at Massachusetts Maritime Academy was Male Professor with 24 employees, Male Associate professor with 20 employees, and Female Professor with 12 employees.

This chart shows the sex split between each academic rank present at Massachusetts Maritime Academy.

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