Freed-Hardeman University (220215)

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2023 Undergraduate Tuition
$25,000
2.88% growth from 2022
2023 Average Net Price
$18,267
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
90.6%
1,077 Applicants
2023 Enrolled Students
2,294
56.5% Full-Time
2023 Graduation Rate
68.4%
214 Graduates

About

Freed-Hardeman University (220215) is a higher education institution located in Chester County, TN. In 2023, the most popular Bachelors Degree concentrations at Freed-Hardeman University (220215) were Registered Nursing (37 degrees awarded), Biblical Studies (22 degrees), and Secondary Education & Teaching (18 degrees).

In 2023, 488 degrees were awarded across all undergraduate and graduate programs at Freed-Hardeman University (220215). 61.7% of these degrees were awarded to women, and 38.3% awarded men. The most common race/ethnicity group of degree recipients was white (397 degrees), 7.78 times more than then the next closest race/ethnicity group, black or african american (51 degrees).

The median undergraduate tuition at Freed-Hardeman University (220215) is $25,000, which is $425 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Freed-Hardeman University (220215) was 0%, corresponding to 0 out of the 514 total borrowers.

Costs

In 2023, the median undergraduate tuition at Freed-Hardeman University (220215) is $25,000, which is $425 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 $18,267.

In 2023, 93% of undergraduate students attending Freed-Hardeman University (220215) received financial aid through grants. Comparatively, 40% of undergraduate students received financial aid through loans.

Tuition Costs

$25,000
2023 Undergraduate Tuition

In 2023, the cost of tuition at Freed-Hardeman University (220215) was $25,000. The cost of tuition at Freed-Hardeman University (220215) is $425 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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Average Net Price

$18,267
2023 Value
1.56%
1 Year Growth

In 2023 Freed-Hardeman University (220215) had an average net price — the price paid after factoring in grants and loans — of $18,267. Between 2022 and 2023, the average net price of Freed-Hardeman University (220215) grew by 1.56%.

This chart compares the average net price of Freed-Hardeman University (220215) (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

$6,225
Room and Board
$1,300
Books and Supplies

The average yearly cost of room and board at Freed-Hardeman University (220215) was of $6,225 in 2023. The cost of room and board did not change between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,300. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

93%
Undergraduates Receiving Financial Aid through Grants
40%
Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Freed-Hardeman University (220215) received financial aid through grants or loans in 2023. This represents a decline of 2.11% with respect to 2022, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Freed-Hardeman University (220215) (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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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Freed-Hardeman University (220215) was 0%, which represents 0 out of the 514 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.

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Admissions

Freed-Hardeman University (220215) received 1,077 undergraduate applications in 2023, which represents a 0.937% annual growth. Out of those 1,077 applicants, 976 students were accepted for enrollment, representing a 90.6% acceptance rate.

There were 2,294 students enrolled at Freed-Hardeman University (220215) in 2023. 11% of first-time enrollees submitted SAT scores with their applications.

Freed-Hardeman University (220215) has an overall enrollment yield of 27.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

90.6%
Acceptance Rate in 2023
976
Accepted Out of 1,077

In 2023, the undergraduate acceptance rate of Freed-Hardeman University (220215) was 90.6% (976 admissions from 1,077 applications). This is lower than the acceptance rate of 2022, which was 91.2%. Between 2022 and 2023, the number of applicants grew by 0.937%, while admissions grew by 0.308%.

This chart compares the acceptance rate of Freed-Hardeman University (220215) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

11%
Submission Percentage (2023)
28
Scores Submitted (2023)

11% of enrolled first-time students at Freed-Hardeman University (220215) 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

Freed-Hardeman University (220215) had a total enrollment of 2,294 students in 2023. The full-time enrollment at Freed-Hardeman University (220215) is 1,296 students and the part-time enrollment is 998. This means that 56.5% of students enrolled at Freed-Hardeman University (220215) are enrolled full-time.

The enrolled student population at Freed-Hardeman University (220215), both undergraduate and graduate, is 79.3% White, 11.9% Black or African American, 2.35% Two or More Races, 1.09% Asian, 0.567% American Indian or Alaska Native, 0.349% Hispanic or Latino, and 0.131% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Freed-Hardeman University (220215) in full-time Undergraduate programs are most commonly White Female (48.7%), followed by White Male (39%) and Black or African American Female (2.05%). Students enrolled in full-time Graduate programs are most commonly White Male (45.8%), followed by White Female (28.2%) and Black or African American Female (16.4%).

Full-Time vs Part-Time Enrollment

56.5%
Full-Time Enrollment

The total enrollment at Freed-Hardeman University (220215) in 2023, both undergraduate and graduate, is 2,294 students. The full-time enrollment at Freed-Hardeman University (220215) is 1,296 and the part-time enrollment is 998. This means that 56.5% of students enrolled at Freed-Hardeman University (220215) 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 Freed-Hardeman University (220215) (in red) compares to similar universities.

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Retention Rate over Time

81%
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 Freed-Hardeman University (220215) was 81%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Freed-Hardeman University (220215) had a retention rate higher than its peers.

This chart shows the retention rate over time at Freed-Hardeman University (220215) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    1,819 enrolled students
  2. Black or African American
    273 enrolled students
  3. Two or More Races
    54 enrolled students

The enrolled student population at Freed-Hardeman University (220215) is 79.3% White, 11.9% Black or African American, 2.35% Two or More Races, 1.09% Asian, 0.567% American Indian or Alaska Native, 0.349% Hispanic or Latino, and 0.131% 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.

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Graduates

In 2023, 114 more women than men received degrees from Freed-Hardeman University (220215). The most common race/ethnicity group of degree recipients at Freed-Hardeman University (220215) is white (397 degrees awarded). There were 7.78 times more white recipients than the next closest race/ethnicity group, black or african american (51 degrees).

The most common Bachelor's Degree concentration at Freed-Hardeman University (220215) is Registered Nursing (37 degrees awarded), followed by Biblical Studies (22 degrees) and Secondary Education & Teaching (18 degrees).

In 2023,  the most specialized majors across all degree types at Freed-Hardeman University (220215), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (32 degrees awarded), Education (129 degrees), and Visual & Performing Arts (39 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Freed-Hardeman University (220215) 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 Freed-Hardeman University (220215) in 2023 are Theology (32 degrees awarded), Education (129 degrees), Visual & Performing Arts (39 degrees), Parks, Recreation, & Leisure (18 degrees), and History (7 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 Freed-Hardeman University (220215) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Freed-Hardeman University (220215) are Theology (32 degrees awarded), Education (129 degrees), Visual & Performing Arts (39 degrees), Parks, Recreation, & Leisure (18 degrees), and History (7 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 Freed-Hardeman University (220215) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Freed-Hardeman University (220215) are Theology (32 degrees awarded), Education (129 degrees), Visual & Performing Arts (39 degrees), Parks, Recreation, & Leisure (18 degrees), and History (7 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 Freed-Hardeman University (220215).
Most Common (2023)
  1. 37 degrees awarded
  2. 22 degrees awarded
  3. 18 degrees awarded

In 2023, the most common bachelors degree concentration at Freed-Hardeman University (220215) was Registered Nursing with 37 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Freed-Hardeman University (220215) according to their major.

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Sex Breakdown for Common Majors

187
Degrees Awarded to Men
in 2023
301
Degrees Awarded to Women
in 2023

In 2023, 187 degrees were awarded to men at Freed-Hardeman University (220215), which is 0.621 times less than the number of degrees awarded to females (301).

This chart displays the sex disparity between the top 5 majors at Freed-Hardeman University (220215) by degrees awarded.

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Most Common Male Majors

In 2023, 22 degrees were awarded to men at Freed-Hardeman University (220215) in Biblical Studies, which is 22 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2023, 32 degrees were awarded to men at Freed-Hardeman University (220215) in Registered Nursing, which is 6.4 times more than the 5 male recipients with that same degree.

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Time to Complete

58%
100% Completion Time
65%
150% Completion Time

In 2023, 58% of students graduating from Freed-Hardeman University (220215) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 65% 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.
Two or More Races Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Freed-Hardeman University (220215) is Male and Two or More Races (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, 6.54% of graduates (14 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    397 degrees awarded
  2. Black or African American
    51 degrees awarded
  3. Two or More Races
    6 degrees awarded

The most common race/ethnicity at Freed-Hardeman University (220215) is white (397 degrees awarded). There were 7.78 times more white recipients than the next closest race/ethnicity group, black or african american (51 degrees).

4.71% of degree recipients (23 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    227 degrees awarded
  2. White Male
    170 degrees awarded
  3. Black or African American Female
    43 degrees awarded

The most common race/ethnicity and sex grouping at Freed-Hardeman University (220215) is white female (227 degrees awarded). There were 1.34 times more white female recipients than the next closest race/ethnicity group, white male (170 degrees).

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Operations

Freed-Hardeman University (220215) has an endowment valued at nearly $75M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.26M (4.35%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Freed-Hardeman University (220215) had a total salary expenditure of 41M. Freed-Hardeman University (220215) employs 43 Assistant professors, 29 Associate professors and 23 Professors. Most academics at Freed-Hardeman University (220215) are Male Assistant professor (24), Male Associate professor (21), and Male Professor (20).

The most common positions for non-instructional staff at Freed-Hardeman University (220215) are: Service, with 68 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 50 employees, and Management with 22 employees.

Endowment

$75M
2023 Endowment
0.702%
decline from 2022

Freed-Hardeman University (220215) has an endowment valued at about $75M, as of the end of the 2023 fiscal year. The endowment of Freed-Hardeman University (220215) declined 0.702% from the previous year. The value of their endowment was $25.3M 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 Freed-Hardeman University (220215) (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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Salary Expenditure

$17.4M
2023 Salaries
3.45%
growth from 2022

In 2023, Freed-Hardeman University (220215) paid a median of $17.4M in salaries, which represents 42.3% of their overall expenditure ($41M) and a 3.45% growth from the previous year. This is compared to a 4.05% growth between 2021 and 2022, and a 2.55% growth 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

$7.7M
Instructional Salaries
111
Number of Employees

In 2023, Freed-Hardeman University (220215) paid a total of $7.7M to 111 employees working as instructors, which represents 44.4% 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
43 Employees
Service
Most Common Non-Instructional Employee
68 Employees

In 2023, the most common positions for instructional staff at Freed-Hardeman University (220215) were Assistant professor with 43 employees, Associate professor with 29 employees, and Professor with 23 employees.

In 2023, the most common positions for non-instructional staff at Freed-Hardeman University (220215) were Service with 68 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 50 employees, and Management with 22 employees.

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Instructors by Academic Rank and Sex

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

In 2023, the most common demographic for instructional staff at Freed-Hardeman University (220215) was Male Assistant professor with 24 employees, Male Associate professor with 21 employees, and Male Professor with 20 employees.

This chart shows the sex split between each academic rank present at Freed-Hardeman University (220215).

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