Friends University

www.friends.edu

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2023 Undergraduate Tuition

$32,108

3% growth from 2022

2023 Average Net Price

$22,579

After Financial Aid

2020 Default Rate

0.177%

on Student Loans

2023 Acceptance Rate

55.6%

1,134 Applicants

2023 Enrolled Students

1,927

57.9% Full-Time

2023 Graduation Rate

61.5%

107 Graduates

About

Friends University is a higher education institution located in Sedgwick County, KS. In 2023, the most popular Masters Degree concentrations at Friends University were General Business Administration & Management (63 degrees awarded), Marriage & Family Therapy (48 degrees), and Christian Studies (36 degrees).

In 2023, 456 degrees were awarded across all undergraduate and graduate programs at Friends University. 64.3% of these degrees were awarded to women, and 35.7% awarded men. The most common race/ethnicity group of degree recipients was white (282 degrees), 5.64 times more than then the next closest race/ethnicity group, black or african american (50 degrees).

The median undergraduate tuition at Friends University is $32,108, which is $7,533 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Friends University was 0.177%, corresponding to 1 out of the 565 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Friends University is $32,108, which is $7,533 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 $22,579.

In 2023, 78% of undergraduate students attending Friends University received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Tuition Costs

$32,108

2023 Undergraduate Tuition

In 2023, the cost of tuition at Friends University was $32,108. The cost of tuition at Friends University is $7,533 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$22,579

2023 Value

4.81%

1 Year Growth

In 2023 Friends University had an average net price — the price paid after factoring in grants and loans — of $22,579. Between 2022 and 2023, the average net price of Friends University grew by 4.81%.

This chart compares the average net price of Friends University (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

$8,234

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Friends University was of $8,234 in 2023. The cost of room and board increased by 7.73% 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 Friends University (in red) with that of similar universities.

Financial Aid by Income Level

78%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

78% of undergraduate students at Friends University received financial aid through grants or loans in 2023. This represents a growth of 1.3% with respect to 2022, when 77% of undergraduate students received financial aid.

This chart compares the average award discount at Friends University (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.

0.177%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Friends University was 0.177%, which represents 1 out of the 565 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

Friends University received 1,134 undergraduate applications in 2023, which represents a 30% annual growth. Out of those 1,134 applicants, 631 students were accepted for enrollment, representing a 55.6% acceptance rate.

There were 1,927 students enrolled at Friends University in 2023. 15% of first-time enrollees submitted SAT scores with their applications.

Friends University has an overall enrollment yield of 39.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

55.6%

Acceptance Rate in 2023

631

Accepted Out of 1,134

In 2023, the undergraduate acceptance rate of Friends University was 55.6% (631 admissions from 1,134 applications). This is lower than the acceptance rate of 2022, which was 63.3%. Between 2022 and 2023, the number of applicants declined by 30%, while admissions declined by 38.4%.

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

SAT Scores

15%

Submission Percentage (2023)

Scores Submitted (2023)

15% of enrolled first-time students at Friends University 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

Friends University had a total enrollment of 1,927 students in 2023. The full-time enrollment at Friends University is 1,116 students and the part-time enrollment is 811. This means that 57.9% of students enrolled at Friends University are enrolled full-time.

The enrolled student population at Friends University, both undergraduate and graduate, is 53.8% White, 16.7% Hispanic or Latino, 8.67% Black or African American, 6.75% Two or More Races, 3.48% Asian, 0.675% American Indian or Alaska Native, and 0.156% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Friends University in full-time Undergraduate programs are most commonly White Female (27.4%), followed by White Male (22.5%) and Hispanic or Latino Male (10.6%). Students enrolled in full-time Graduate programs are most commonly White Female (59.3%), followed by White Male (15.2%) and Hispanic or Latino Female (5.39%).

Full-Time vs Part-Time Enrollment

57.9%

Full-Time Enrollment

The total enrollment at Friends University in 2023, both undergraduate and graduate, is 1,927 students. The full-time enrollment at Friends University is 1,116 and the part-time enrollment is 811. This means that 57.9% of students enrolled at Friends University 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 Friends University (in red) compares to similar universities.

Retention Rate over Time

70%

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 Friends University was 70%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Friends University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,036 enrolled students
Hispanic or Latino
321 enrolled students
Black or African American
167 enrolled students

The enrolled student population at Friends University is 53.8% White, 16.7% Hispanic or Latino, 8.67% Black or African American, 6.75% Two or More Races, 3.48% Asian, 0.675% American Indian or Alaska Native, and 0.156% 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, 119 students (6.18%) did not report their race.

Graduates

In 2023, 130 more women than men received degrees from Friends University. The most common race/ethnicity group of degree recipients at Friends University is white (282 degrees awarded). There were 5.64 times more white recipients than the next closest race/ethnicity group, black or african american (50 degrees).

The most common Masters Degree concentration at Friends University is General Business Administration & Management (63 degrees awarded), followed by Marriage & Family Therapy (48 degrees) and Christian Studies (36 degrees).

In 2023, the most specialized majors across all degree types at Friends University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (39 degrees awarded), Parks, Recreation, & Leisure (16 degrees), and Education (57 degrees).

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 Friends University are Elementary & middle school teachers (1,651,385 people), Accountants & auditors (1,037,698 people), Other managers (808,109 people), Secondary school teachers (584,210 people), and Financial managers (534,636 people).

The most specialized majors at Friends University in 2023 are Philosophy and Religious Studies (39 degrees awarded), Parks, Recreation, & Leisure (16 degrees), Education (57 degrees), Business (145 degrees), and Language & Linguistics (5 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 Friends University are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Dentists, and Physicians

The most specialized majors at Friends University are Philosophy and Religious Studies (39 degrees awarded), Parks, Recreation, & Leisure (16 degrees), Education (57 degrees), Business (145 degrees), and Language & Linguistics (5 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 Friends University are Elementary & secondary schools (3,392,085 people), Colleges, universities & professional schools, including junior colleges (686,914 people), Computer Systems Design (583,922 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (560,211 people), and Banking & related activities (524,825 people).

Majors Awarded

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

Most Common (2023)

General Business Administration & Management
40 degrees awarded
General Psychology
22 degrees awarded
General Studies
19 degrees awarded

In 2023, the most common bachelors degree concentration at Friends University was General Business Administration & Management with 40 degrees awarded.

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

Sex Breakdown for Common Majors

163

Degrees Awarded to Men

in 2023

293

Degrees Awarded to Women

in 2023

In 2023, 163 degrees were awarded to men at Friends University, which is 0.556 times less than the number of degrees awarded to females (293).

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

Most Common Male Majors

In 2023, 57 degrees were awarded to men at Friends University in General Business Administration & Management, which is 1.24 times more than the 46 female recipients with that same degree.

Most Common Female Majors

In 2023, 46 degrees were awarded to men at Friends University in General Business Administration & Management, which is 0.807 times less than the 57 male recipients with that same degree.

Time to Complete

29%

100% Completion Time

40%

150% Completion Time

In 2023, 29% of students graduating from Friends University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 40% completed their degrees within 150% of the normal time, and 41% 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.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Friends University 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, 34.6% of graduates (37 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
282 degrees awarded
Black or African American
50 degrees awarded
Hispanic or Latino
44 degrees awarded

The most common race/ethnicity at Friends University is white (282 degrees awarded). There were 5.64 times more white recipients than the next closest race/ethnicity group, black or african american (50 degrees).

5.7% of degree recipients (26 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
195 degrees awarded
White Male
87 degrees awarded
Hispanic or Latino Female
28 degrees awarded

The most common race/ethnicity and sex grouping at Friends University is white female (195 degrees awarded). There were 2.24 times more white female recipients than the next closest race/ethnicity group, white male (87 degrees).

Operations

Friends University has an endowment valued at nearly $62.7M, as of the end of the 2023 fiscal year. The return on its endowment was of 7.86M (12.5%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Friends University had a total salary expenditure of 28.9M. Friends University employs 25 Assistant professors, 15 Associate professors and 13 Professors. Most academics at Friends University are Female Assistant professor (14), Male Assistant professor (11), and Male Professor (10).

The most common positions for non-instructional staff at Friends University are: Management, with 38 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 26 employees, and Office and Administrative Support with 22 employees.

Endowment

$62.7M

2023 Endowment

6.83%

growth from 2022

Friends University has an endowment valued at about $62.7M, as of the end of the 2023 fiscal year. The endowment of Friends University grew 6.83% from the previous year. The value of their endowment was $13M 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 Friends University (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: Larger Programs Carnegie Classification grouping.

Salary Expenditure

$13.5M

2023 Salaries

3.11%

growth from 2022

In 2023, Friends University paid a median of $13.5M in salaries, which represents 46.7% of their overall expenditure ($28.9M) and a 3.11% growth from the previous year. This is compared to a 1.01% decline between 2021 and 2022, and a 1.05% decline between 2020 and 2021.

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

Instructional Salaries

$3.86M

Instructional Salaries

Number of Employees

In 2023, Friends University paid a total of $3.86M to 59 employees working as instructors, which represents 28.6% of all salaries paid.

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

Occupations by Share

Assistant professor

Most Common Instructor

25 Employees

Management

Most Common Non-Instructional Employee

38 Employees

In 2023, the most common positions for instructional staff at Friends University were Assistant professor with 25 employees, Associate professor with 15 employees, and Professor with 13 employees.

In 2023, the most common positions for non-instructional staff at Friends University were Management with 38 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 26 employees, and Office and Administrative Support with 22 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Assistant professor
Male Professor

In 2023, the most common demographic for instructional staff at Friends University was Female Assistant professor with 14 employees, Male Assistant professor with 11 employees, and Male Professor with 10 employees.

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

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