University of St Thomas

www.stthomas.edu

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2023 Undergraduate Tuition

$50,788

3.8% growth from 2022

2023 Average Net Price

$32,637

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

84.9%

8,813 Applicants

2023 Enrolled Students

9,121

76.6% Full-Time

2023 Graduation Rate

76.8%

1,065 Graduates

About

University of St Thomas is a higher education institution located in Ramsey County, MN. In 2023, the most popular Bachelors Degree concentrations at University of St Thomas were General Finance (154 degrees awarded), General Marketing & Marketing Management (130 degrees), and Mechanical Engineering (79 degrees).

In 2023, 2,887 degrees were awarded across all undergraduate and graduate programs at University of St Thomas. 53.5% of these degrees were awarded to women, and 46.5% awarded men. The most common race/ethnicity group of degree recipients was white (1,939 degrees), 10.7 times more than then the next closest race/ethnicity group, asian (181 degrees).

The median undergraduate tuition at University of St Thomas is $50,788, which is $19,785 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at University of St Thomas was 0%, corresponding to 0 out of the 1,882 total borrowers.

Doctoral Universities: Moderate Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at University of St Thomas is $50,788, which is $19,785 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $32,637.

In 2023, 95% of undergraduate students attending University of St Thomas received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Tuition Costs

$50,788

2023 Undergraduate Tuition

In 2023, the cost of tuition at University of St Thomas was $50,788. The cost of tuition at University of St Thomas is $19,785 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

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

Average Net Price

$32,637

2023 Value

8.3%

1 Year Growth

In 2023 University of St Thomas had an average net price — the price paid after factoring in grants and loans — of $32,637. Between 2022 and 2023, the average net price of University of St Thomas grew by 8.3%.

This chart compares the average net price of University of St Thomas (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

$13,769

Room and Board

$1,100

Books and Supplies

The average yearly cost of room and board at University of St Thomas was of $13,769 in 2023. The cost of room and board increased by 5.11% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,100. The cost of books and supplies increased by 10% during the same period.

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

Financial Aid by Income Level

95%

Undergraduates Receiving Financial Aid through Grants

45%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at University of St Thomas received financial aid through grants or loans in 2023. This represents a growth of 1.06% with respect to 2022, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at University of St Thomas (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 University of St Thomas was 0%, which represents 0 out of the 1882 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

University of St Thomas received 8,813 undergraduate applications in 2023, which represents a 7.05% annual growth. Out of those 8,813 applicants, 7,486 students were accepted for enrollment, representing a 84.9% acceptance rate.

There were 9,121 students enrolled at University of St Thomas in 2023. 3% of first-time enrollees submitted SAT scores with their applications.

University of St Thomas has an overall enrollment yield of 22.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

84.9%

Acceptance Rate in 2023

7,486

Accepted Out of 8,813

In 2023, the undergraduate acceptance rate of University of St Thomas was 84.9% (7,486 admissions from 8,813 applications). This is higher than the acceptance rate of 2022, which was 77%. Between 2022 and 2023, the number of applicants declined by 7.05%, while admissions grew by 2.55%.

This chart compares the acceptance rate of University of St Thomas (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)

3% of enrolled first-time students at University of St Thomas 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

University of St Thomas had a total enrollment of 9,121 students in 2023. The full-time enrollment at University of St Thomas is 6,984 students and the part-time enrollment is 2,137. This means that 76.6% of students enrolled at University of St Thomas are enrolled full-time.

The enrolled student population at University of St Thomas, both undergraduate and graduate, is 64.3% White, 8.31% Hispanic or Latino, 7.12% Black or African American, 5.76% Asian, 3.86% Two or More Races, 0.208% American Indian or Alaska Native, and 0.0439% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of St Thomas in full-time Undergraduate programs are most commonly White Male (35%), followed by White Female (32.6%) and Hispanic or Latino Female (4.79%). Students enrolled in full-time Graduate programs are most commonly White Female (39.8%), followed by White Male (26.1%) and Hispanic or Latino Female (3.89%).

Full-Time vs Part-Time Enrollment

76.6%

Full-Time Enrollment

The total enrollment at University of St Thomas in 2023, both undergraduate and graduate, is 9,121 students. The full-time enrollment at University of St Thomas is 6,984 and the part-time enrollment is 2,137. This means that 76.6% of students enrolled at University of St Thomas are enrolled full-time compared with 77.9% at similar Doctoral Universities.

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

Retention Rate over Time

86%

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 University of St Thomas was 86%. Compared with the full-time retention rate at similar Doctoral Universities (84%), University of St Thomas had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
5,863 enrolled students
Hispanic or Latino
758 enrolled students
Black or African American
649 enrolled students

The enrolled student population at University of St Thomas is 64.3% White, 8.31% Hispanic or Latino, 7.12% Black or African American, 5.76% Asian, 3.86% Two or More Races, 0.208% American Indian or Alaska Native, and 0.0439% 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 Doctoral Universities is 46.5% White, 15.9% Hispanic or Latino, and 9.78% 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, 461 students (5.05%) did not report their race.

Graduates

In 2023, 201 more women than men received degrees from University of St Thomas. The most common race/ethnicity group of degree recipients at University of St Thomas is white (1,939 degrees awarded). There were 10.7 times more white recipients than the next closest race/ethnicity group, asian (181 degrees).

The most common Bachelor's Degree concentration at University of St Thomas is General Finance (154 degrees awarded), followed by General Marketing & Marketing Management (130 degrees) and Mechanical Engineering (79 degrees).

In 2023, the most specialized majors across all degree types at University of St Thomas, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (70 degrees awarded), Legal (181 degrees), and Public Administration and Social Service (134 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of St Thomas are Accountants & auditors (1,007,194 people), Other managers (732,060 people), Financial managers (510,759 people), Chief executives & legislators (394,019 people), and Human resources workers (247,896 people).

The most specialized majors at University of St Thomas in 2023 are Philosophy and Religious Studies (70 degrees awarded), Legal (181 degrees), Public Administration and Social Service (134 degrees), Business (980 degrees), and Theology (27 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 University of St Thomas are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Aircraft pilots & flight engineers, and Dentists

The most specialized majors at University of St Thomas are Philosophy and Religious Studies (70 degrees awarded), Legal (181 degrees), Public Administration and Social Service (134 degrees), Business (980 degrees), and Theology (27 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 University of St Thomas are Elementary & secondary schools (560,868 people), Computer Systems Design (499,413 people), Banking & related activities (474,402 people), Securities, commodities, funds, trusts & other financial investments (407,281 people), and Accounting, tax preparation, bookkeeping & payroll services (405,847 people).

Majors Awarded

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

Most Common (2023)

General Finance
154 degrees awarded
General Marketing & Marketing Management
130 degrees awarded
Mechanical Engineering
79 degrees awarded

In 2023, the most common bachelors degree concentration at University of St Thomas was General Finance with 154 degrees awarded.

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

Sex Breakdown for Common Majors

1,343

Degrees Awarded to Men

in 2023

1,544

Degrees Awarded to Women

in 2023

In 2023, 1,343 degrees were awarded to men at University of St Thomas, which is 0.87 times less than the number of degrees awarded to females (1,544).

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

Most Common Male Majors

In 2023, 136 degrees were awarded to men at University of St Thomas in General Business Administration & Management, which is 1.25 times more than the 109 female recipients with that same degree.

Most Common Female Majors

In 2023, 127 degrees were awarded to men at University of St Thomas in Social Work, which is 18.1 times more than the 7 male recipients with that same degree.

Time to Complete

69%

100% Completion Time

78%

150% Completion Time

In 2023, 69% of students graduating from University of St Thomas 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 79% within 200%.

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

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at University of St Thomas is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral 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, 3.29% of graduates (35 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
1,939 degrees awarded
Asian
181 degrees awarded
Hispanic or Latino
172 degrees awarded

The most common race/ethnicity at University of St Thomas is white (1,939 degrees awarded). There were 10.7 times more white recipients than the next closest race/ethnicity group, asian (181 degrees).

6.65% of degree recipients (192 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
1,018 degrees awarded
White Male
921 degrees awarded
Asian Female
109 degrees awarded

The most common race/ethnicity and sex grouping at University of St Thomas is white female (1,018 degrees awarded). There were 1.11 times more white female recipients than the next closest race/ethnicity group, white male (921 degrees).

Operations

University of St Thomas has an endowment valued at nearly $710M, as of the end of the 2023 fiscal year. The return on its endowment was of 43.5M (6.13%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, University of St Thomas had a total salary expenditure of 297M. University of St Thomas employs 147 Professors, 141 Associate professors and 67 Assistant professors. Most academics at University of St Thomas are Male Professor (100), Male Associate professor (74), and Female Associate professor (67).

The most common positions for non-instructional staff at University of St Thomas are: Service, with 196 employees, Business and Financial Operations, with 185 employees, and Management with 171 employees.

Endowment

$710M

2023 Endowment

1.62%

growth from 2022

University of St Thomas has an endowment valued at about $710M, as of the end of the 2023 fiscal year. The endowment of University of St Thomas grew 1.62% from the previous year. The value of their endowment was $276M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Moderate Research Activity Carnegie Classification grouping.

Salary Expenditure

$153M

2023 Salaries

0.658%

growth from 2022

In 2023, University of St Thomas paid a median of $153M in salaries, which represents 51.5% of their overall expenditure ($297M) and a 0.658% growth from the previous year. This is compared to a 9.13% growth between 2021 and 2022, and a 0.637% growth between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$42.6M

Instructional Salaries

411

Number of Employees

In 2023, University of St Thomas paid a total of $42.6M to 411 employees working as instructors, which represents 27.9% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

147 Employees

Service

Most Common Non-Instructional Employee

196 Employees

In 2023, the most common positions for instructional staff at University of St Thomas were Professor with 147 employees, Associate professor with 141 employees, and Assistant professor with 67 employees.

In 2023, the most common positions for non-instructional staff at University of St Thomas were Service with 196 employees, Business and Financial Operations with 185 employees, and Management with 171 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Male Associate professor
Female Associate professor

In 2023, the most common demographic for instructional staff at University of St Thomas was Male Professor with 100 employees, Male Associate professor with 74 employees, and Female Associate professor with 67 employees.

This chart shows the sex split between each academic rank present at University of St Thomas.

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