Richmont Graduate University

www.richmont.edu

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2020 Default Rate

on Student Loans

2023 Enrolled Students

351

43.6% Full-Time

About

Richmont Graduate University is a higher education institution located in Hamilton County, TN. In 2023, the most popular Masters Degree concentrations at Richmont Graduate University were Counseling Psychology (93 degrees awarded).

In 2023, 93 degrees were awarded across all undergraduate and graduate programs at Richmont Graduate University. 81.7% of these degrees were awarded to women, and 18.3% awarded men. The most common race/ethnicity group of degree recipients was white (76 degrees), 6.33 times more than then the next closest race/ethnicity group, black or african american (12 degrees).

In 2020 the default rate for borrower's at Richmont Graduate University was 0%, corresponding to 0 out of the 82 total borrowers.

Special Focus Four-Year: Other Health Professions Schools Special Focus Institutions

Costs

Tuition Costs

2023 Undergraduate Tuition

In 2023, the cost of tuition at Richmont Graduate University was $0. The cost of tuition at Richmont Graduate University is $−15,164 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

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

Other Student Expenses

The average yearly cost of room and board at Richmont Graduate University was of $0 in 2023. The cost of room and board remained the same by NaNM% between 2022 and 2023.

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

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 Richmont Graduate University was 0%, which represents 0 out of the 82 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.

Enrollment

Richmont Graduate University had a total enrollment of 351 students in 2023. The full-time enrollment at Richmont Graduate University is 153 students and the part-time enrollment is 198. This means that 43.6% of students enrolled at Richmont Graduate University are enrolled full-time.

The enrolled student population at Richmont Graduate University, both undergraduate and graduate, is 81.2% White, 11.1% Black or African American, 2.85% Hispanic or Latino, 2.28% Asian, and 0.285% American Indian or Alaska Native.

Students enrolled in full-time Graduate programs are most commonly White Female (63.8%), followed by White Male (16.8%) and Black or African American Female (13.5%).

Full-Time vs Part-Time Enrollment

43.6%

Full-Time Enrollment

The total enrollment at Richmont Graduate University in 2023, both undergraduate and graduate, is 351 students. The full-time enrollment at Richmont Graduate University is 153 and the part-time enrollment is 198. This means that 43.6% of students enrolled at Richmont Graduate University are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
285 enrolled students
Black or African American
39 enrolled students
Hispanic or Latino
10 enrolled students

The enrolled student population at Richmont Graduate University is 81.2% White, 11.1% Black or African American, 2.85% Hispanic or Latino, 2.28% Asian, and 0.285% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% Black or African American.

Graduates

In 2023, 59 more women than men received degrees from Richmont Graduate University. The most common race/ethnicity group of degree recipients at Richmont Graduate University is white (76 degrees awarded). There were 6.33 times more white recipients than the next closest race/ethnicity group, black or african american (12 degrees).

The most common Masters Degree concentration at Richmont Graduate University is Counseling Psychology (93 degrees awarded).

In 2023, the most specialized majors across all degree types at Richmont Graduate University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Psychology (93 degrees awarded).

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 Richmont Graduate University are Elementary & middle school teachers (104,201 people), Other managers (91,105 people), Social workers, all other (90,586 people), Educational, guidance, and career counselors and advisors (68,630 people), and Other psychologists (58,064 people).

The most specialized majors at Richmont Graduate University in 2023 are Psychology (93 degrees awarded) (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 Richmont Graduate University are Surgeons, Physicians, Magnetic resonance imaging technologists, Dentists, and Chief executives & legislators

The most specialized majors at Richmont Graduate University are Psychology (93 degrees awarded) (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 Richmont Graduate University are Elementary & secondary schools (327,635 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (163,782 people), Colleges, universities & professional schools, including junior colleges (156,142 people), Outpatient care centers (145,382 people), and Individual & family services (119,221 people).

The most specialized majors at Richmont Graduate University are Psychology (93 degrees awarded) (as of 2023).

Majors Awarded

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

Counseling Psychology

Most Common (2023)

93 degrees awarded

In 2023, the most common masters degree concentration at Richmont Graduate University was Counseling Psychology with 93 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Richmont Graduate University according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 17 degrees were awarded to men at Richmont Graduate University, which is 0.224 times less than the number of degrees awarded to females (76).

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

Most Common Male Majors

In 2023, 17 degrees were awarded to men at Richmont Graduate University in Counseling Psychology, which is 0.224 times less than the 76 female recipients with that same degree.

Most Common Female Majors

In 2023, 76 degrees were awarded to men at Richmont Graduate University in Counseling Psychology, which is 4.47 times more than the 17 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
76 degrees awarded
Black or African American
12 degrees awarded
Asian
2 degrees awarded

The most common race/ethnicity at Richmont Graduate University is white (76 degrees awarded). There were 6.33 times more white recipients than the next closest race/ethnicity group, black or african american (12 degrees).

1.08% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
61 degrees awarded
White Male
15 degrees awarded
Black or African American Female
10 degrees awarded

The most common race/ethnicity and sex grouping at Richmont Graduate University is white female (61 degrees awarded). There were 4.07 times more white female recipients than the next closest race/ethnicity group, white male (15 degrees).

Operations

Richmont Graduate University has an endowment valued at nearly $2.19M, as of the end of the 2023 fiscal year. The return on its endowment was of 182k (8.34%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Richmont Graduate University had a total salary expenditure of 9.03M. Richmont Graduate University employs 11 Assistant professors, 4 Professors and 4 Associate professors. Most academics at Richmont Graduate University are Male Assistant professor (7), Female Assistant professor (4), and Female Professor (3).

The most common positions for non-instructional staff at Richmont Graduate University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 17 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 13 employees, and Business and Financial Operations with 9 employees.

Endowment

$2.19M

2023 Endowment

7.87%

growth from 2022

Richmont Graduate University has an endowment valued at about $2.19M, as of the end of the 2023 fiscal year. The endowment of Richmont Graduate University grew 7.87% from the previous year. The value of their endowment was $10.3M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Other Health Professions Schools Carnegie Classification grouping.

Salary Expenditure

$6.31M

2023 Salaries

5.59%

growth from 2022

In 2023, Richmont Graduate University paid a median of $6.31M in salaries, which represents 69.9% of their overall expenditure ($9.03M) and a 5.59% growth from the previous year. This is compared to a 6.54% growth between 2021 and 2022, and a 9.14% growth between 2020 and 2021.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$1.31M

Instructional Salaries

Number of Employees

In 2023, Richmont Graduate University paid a total of $1.31M to 19 employees working as instructors, which represents 20.8% of all salaries paid.

This is compared to a median of $208k (5.9%) for similar Special Focus Institutions.

Occupations by Share

Assistant professor

Most Common Instructor

11 Employees

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

Most Common Non-Instructional Employee

17 Employees

In 2023, the most common positions for instructional staff at Richmont Graduate University were Assistant professor with 11 employees, Professor with 4 employees, and Associate professor with 4 employees.

In 2023, the most common positions for non-instructional staff at Richmont Graduate University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 17 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 13 employees, and Business and Financial Operations with 9 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Assistant professor
Female Assistant professor
Female Professor

In 2023, the most common demographic for instructional staff at Richmont Graduate University was Male Assistant professor with 7 employees, Female Assistant professor with 4 employees, and Female Professor with 3 employees.

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

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