Masters Colleges & Universities: Small Programs

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2023 Undergraduate Tuition
$19,757
1.07% growth from 2022
2023 Average Net Price
$19,899
After Financial Aid
2023 Acceptance Rate
73.5%
311,676 Applicants
2023 Enrolled Students
334,781
68.6% Full-Time
2023 Graduation Rate
53.4%
24,768 Graduates

About

Masters Colleges & Universities: Small Programs is a Carnegie Classification grouping of higher education institutions. In 2023, the most popular Bachelor's Degree concentrations at Masters Colleges & Universities: Small Programs were General Business Administration & Management (7,479 degrees awarded), General Psychology (4,525 degrees), and Registered Nursing (4,243 degrees).

The median undergraduate tuition at Masters Colleges & Universities: Small Programs is $19,757, which is $9,177 more than than the national median of $10,580. The cost of out-of-state tuition is $21,811, which is 110% of the cost for in-state students, and is $6,852 more than than the national median $14,959.

Costs

The median in-state tuition for Masters Colleges & Universities: Small Programs is $19,757, which is $8,985 more than than the national median in-state tuition of $10,773. The cost of out-of-state tuition is $21,811, which is 110% of the cost for in-state students, and is $6,852 more than than the national median out-of-state tuition of $14,959.

After taking grants and loans into account, the average net price for students is $19,899.

Tuition Costs

$19,757
2023 Undergraduate Tuition

In 2023, the cost of out-of-state tuition at Masters Colleges & Universities: Small Programs was $21,811, which is 110% of the cost for in-state students, which was $19,757. The cost of out-of-state tuition at Masters Colleges & Universities: Small Programs is $6,852 more than than the overall (public and private) national median of $14,959, and the in-state tuition is $8,985 more than than the overall (public and private) national median $10,773.

This chart compares the tuition costs of Masters Colleges & Universities: Small Programs (in red) with those of other similar universities.

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Average Net Price

$19,899
2023 Value
4.83%
1 Year Growth

In 2023 Masters Colleges & Universities: Small Programs had an average net price — the price paid after factoring in grants and loans — of $19,899. Between 2022 and 2023, the average net price of Masters Colleges & Universities: Small Programs grew by 4.83%.

This chart compares the average net price of Masters Colleges & Universities: Small Programs (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

$10,276
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Masters Colleges & Universities: Small Programs was of $10,276 in 2023. The cost of room and board increased by 3.18% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Masters Colleges & Universities: Small Programs (in red) with that of similar universities.

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Financial Aid by Income Level

83%
Undergraduates Receiving Financial Aid through Grants
50%
Undergraduates Receiving Financial Aid through Loans

83% of undergraduate students at Masters Colleges & Universities: Small Programs received financial aid through grants or loans in 2023. This represents a decline of 6.21% with respect to 2022, when 88.5% of undergraduate students received financial aid.

This chart compares the average award discount at Masters Colleges & Universities: Small Programs (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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Admissions

Masters Colleges & Universities: Small Programs received 311,676 undergraduate applications in 2023, which represents a 9.6% annual growth. Out of those 311,676 applicants, 228,985 students were accepted for enrollment, representing a 73.5% acceptance rate.

There were 334,781 students enrolled at Masters Colleges & Universities: Small Programs in 2023. 20.1% of first-time enrollees submitted SAT scores with their applications.

Masters Colleges & Universities: Small Programs has an overall enrollment yield of 18.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

73.5%
Acceptance Rate in 2023
228,985
Accepted Out of 311,676

In 2023, the undergraduate acceptance rate of Masters Colleges & Universities: Small Programs was 73.5% (228,985 admissions from 311,676 applications). This is lower than the acceptance rate of 2022, which was 74.4%. Between 2022 and 2023, the number of applicants grew by 9.6%, while admissions grew by 8.26%.

This chart compares the acceptance rate of Masters Colleges & Universities: Small Programs (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

20.1%
Submission Percentage (2023)
6,415
Scores Submitted (2023)

20.1% of enrolled first-time students at Masters Colleges & Universities: Small Programs 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.

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Enrollment

Masters Colleges & Universities: Small Programs had a total enrollment of 334,781 students in 2023. The full-time enrollment at Masters Colleges & Universities: Small Programs is 229,529 students and the part-time enrollment is 105,252. This means that 68.6% of students enrolled at Masters Colleges & Universities: Small Programs are enrolled full-time.

The enrolled student population at Masters Colleges & Universities: Small Programs, both undergraduate and graduate, is 54.7% White, 16.7% Hispanic or Latino, 13.6% Black or African American, 3.79% Two or More Races, 3.17% Asian, 0.634% American Indian or Alaska Native, and 0.318% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Masters Colleges & Universities: Small Programs in full-time Undergraduate programs are most commonly White Female (31.2%), followed by White Male (23.5%) and Hispanic or Latino Female (10.5%). Students enrolled in full-time Graduate programs are most commonly White Female (30%), followed by White Male (15.1%) and Hispanic or Latino Female (9.11%).

Full-Time vs Part-Time Enrollment

68.6%
Full-Time Enrollment

The total enrollment at Masters Colleges & Universities: Small Programs in 2023, both undergraduate and graduate, is 334,781 students. The full-time enrollment at Masters Colleges & Universities: Small Programs is 229,529 and the part-time enrollment is 105,252. This means that 68.6% of students enrolled at Masters Colleges & Universities: Small Programs 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 Masters Colleges & Universities: Small Programs (in red) compares to similar universities.

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Retention Rate over Time

73%
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 Masters Colleges & Universities: Small Programs was 73%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Masters Colleges & Universities: Small Programs had a retention rate lower than its peers.

This chart shows the retention rate over time at Masters Colleges & Universities: Small Programs (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    183,038 enrolled students
  2. Hispanic or Latino
    56,073 enrolled students
  3. Black or African American
    45,682 enrolled students

The enrolled student population at Masters Colleges & Universities: Small Programs is 54.7% White, 16.7% Hispanic or Latino, 13.6% Black or African American, 3.79% Two or More Races, 3.17% Asian, 0.634% American Indian or Alaska Native, and 0.318% 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, 12,095 students (3.61%) did not report their race.

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Graduates

In 2023, 21,201 more women than men received degrees from Masters Colleges & Universities: Small Programs. The most common race/ethnicity group of degree recipients at Masters Colleges & Universities: Small Programs is white (48,594 degrees awarded). There were 3.72 times more white recipients than the next closest race/ethnicity group, hispanic or latino (13,056 degrees).

The most common Bachelor's Degree concentration at Masters Colleges & Universities: Small Programs is General Business Administration & Management (4,605 degrees awarded), followed by General Psychology (4,476 degrees) and Registered Nursing (3,560 degrees).

In 2023,  the most specialized majors across all degree types at Masters Colleges & Universities: Small Programs, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (1,298 degrees awarded), Parks, Recreation, & Leisure (2,096 degrees), and Natural Resources & Conservation (930 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Masters Colleges & Universities: Small Programs are Elementary & middle school teachers (1,581,706 people), Secondary school teachers (514,346 people), Education administrators (301,844 people), Special education teachers (224,719 people), and Other managers (219,185 people).

The most specialized majors at Masters Colleges & Universities: Small Programs in 2023 are Theology (1,298 degrees awarded), Parks, Recreation, & Leisure (2,096 degrees), Natural Resources & Conservation (930 degrees), Education (8,537 degrees), and Psychology (5,429 degrees) (as of 2023).

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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 Masters Colleges & Universities: Small Programs are Surgeons, Cardiovascular technologists and technicians, Physicians, Nurse anesthetists, and Magnetic resonance imaging technologists

The most specialized majors at Masters Colleges & Universities: Small Programs are Theology (1,298 degrees awarded), Parks, Recreation, & Leisure (2,096 degrees), Natural Resources & Conservation (930 degrees), Education (8,537 degrees), and Psychology (5,429 degrees) (as of 2023).

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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 Masters Colleges & Universities: Small Programs are Elementary & secondary schools (3,179,626 people), Colleges, universities & professional schools, including junior colleges (501,870 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (362,291 people), Outpatient care centers (237,481 people), and Individual & family services (188,700 people).

The most specialized majors at Masters Colleges & Universities: Small Programs are Theology (1,298 degrees awarded), Parks, Recreation, & Leisure (2,096 degrees), Natural Resources & Conservation (930 degrees), Education (8,537 degrees), and Psychology (5,429 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Masters Colleges & Universities: Small Programs.
Most Common (2023)
  1. 4,605 degrees awarded
  2. 4,476 degrees awarded
  3. 3,560 degrees awarded

In 2023, the most common bachelors degree concentration at Masters Colleges & Universities: Small Programs was General Business Administration & Management with 4,605 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Masters Colleges & Universities: Small Programs according to their major.

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Sex Breakdown for Common Majors

31,620
Degrees Awarded to Men
in 2023
52,821
Degrees Awarded to Women
in 2023

In 2023, 31,620 degrees were awarded to men at Masters Colleges & Universities: Small Programs, which is 0.599 times less than the number of degrees awarded to females (52,821).

This chart displays the sex disparity between the top 5 majors at Masters Colleges & Universities: Small Programs by degrees awarded.

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Most Common Male Majors

In 2023, 3,888 degrees were awarded to men at Masters Colleges & Universities: Small Programs in General Business Administration & Management, which is 1.08 times more than the 3,591 female recipients with that same degree.

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Most Common Female Majors

In 2023, 3,746 degrees were awarded to men at Masters Colleges & Universities: Small Programs in Registered Nursing, which is 7.54 times more than the 497 male recipients with that same degree.

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Time to Complete

34%
100% Completion Time
51%
150% Completion Time

In 2023, 34% of students graduating from Masters Colleges & Universities: Small Programs completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 52% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (69%)

The student demographic with the highest graduation rate in 2023 at Masters Colleges & Universities: Small Programs is Female and Asian (69% 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, 3.18% of graduates (787 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    48,594 degrees awarded
  2. Hispanic or Latino
    13,056 degrees awarded
  3. Black or African American
    10,071 degrees awarded

The most common race/ethnicity at Masters Colleges & Universities: Small Programs is white (48,594 degrees awarded). There were 3.72 times more white recipients than the next closest race/ethnicity group, hispanic or latino (13,056 degrees).

3.58% of degree recipients (3,020 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    29,607 degrees awarded
  2. White Male
    18,987 degrees awarded
  3. Hispanic or Latino Female
    8,576 degrees awarded

The most common race/ethnicity and sex grouping at Masters Colleges & Universities: Small Programs is white female (29,607 degrees awarded). There were 1.56 times more white female recipients than the next closest race/ethnicity group, white male (18,987 degrees).

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Operations

Masters Colleges & Universities: Small Programs has an endowment valued at nearly $33.2M, as of the end of the 2023 fiscal year. The return on its endowment was of 377M (1.14k%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Masters Colleges & Universities: Small Programs had a total salary expenditure of 51.9M. Masters Colleges & Universities: Small Programs employs 4,271 Assistant professors, 3,741 Associate professors and 3,138 Professors. Most academics at Masters Colleges & Universities: Small Programs are Female Assistant professor (2,382), Male Associate professor (1,981), and Male Professor (1,924).

The most common positions for non-instructional staff at Masters Colleges & Universities: Small Programs are: Management, with 4,660 employees, Office and Administrative Support, with 4,611 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 3,858 employees.

Endowment

$33.2M
2023 Endowment
14.8%
growth from 2022

Masters Colleges & Universities: Small Programs has an endowment valued at about $33.2M, as of the end of the 2023 fiscal year. The endowment of Masters Colleges & Universities: Small Programs grew 14.8% 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 Masters Colleges & Universities: Small Programs (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.

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Government Grants and Contracts

Grants & Contracts
  1. $528M - Federal
  2. $142M - State
  3. $11.8M - Local

As of 2023, Masters Colleges & Universities: Small Programs received $528M in grants and contracts from the federal government, $142M from state grants and contracts, and $11.8M from local grants and contracts.

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Salary Expenditure

$20.9M
2023 Salaries
3.6%
growth from 2022

In 2023, Masters Colleges & Universities: Small Programs paid a median of $20.9M in salaries, which represents 40.3% of their overall expenditure ($51.9M) and a 3.6% growth from the previous year. This is compared to a 3.22% growth between 2021 and 2022, and a 4.37% decline between 2020 and 2021.

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

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Instructional Salaries

$1.07B
Instructional Salaries
13,311
Number of Employees

In 2023, Masters Colleges & Universities: Small Programs paid a total of $1.07B to 13,311 employees working as instructors, which represents 33.3% of all salaries paid.

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

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Occupations by Share

Assistant professor
Most Common Instructor
4,271 Employees
Management
Most Common Non-Instructional Employee
4,660 Employees

In 2023, the most common positions for instructional staff at Masters Colleges & Universities: Small Programs were Assistant professor with 4,271 employees, Associate professor with 3,741 employees, and Professor with 3,138 employees.

In 2023, the most common positions for non-instructional staff at Masters Colleges & Universities: Small Programs were Management with 4,660 employees, Office and Administrative Support with 4,611 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 3,858 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Female Assistant professor
  2. Male Associate professor
  3. Male Professor

In 2023, the most common demographic for instructional staff at Masters Colleges & Universities: Small Programs was Female Assistant professor with 2,382 employees, Male Associate professor with 1,981 employees, and Male Professor with 1,924 employees.

This chart shows the sex split between each academic rank present at Masters Colleges & Universities: Small Programs.

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