Midway University

www.midway.edu

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2023 Undergraduate Tuition

$25,480

4% growth from 2022

2023 Average Net Price

$24,739

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

95.2%

1,120 Applicants

2023 Enrolled Students

1,945

63.5% Full-Time

2023 Graduation Rate

45.5%

56 Graduates

About

Midway University is a higher education institution located in Woodford County, KY. In 2023, the most popular Masters Degree concentrations at Midway University were General Business Administration & Management (85 degrees awarded), General Education (16 degrees), and Nursing Administration (4 degrees).

In 2023, 377 degrees were awarded across all undergraduate and graduate programs at Midway University. 71.4% of these degrees were awarded to women, and 28.6% awarded men. The most common race/ethnicity group of degree recipients was white (287 degrees), 8.2 times more than then the next closest race/ethnicity group, black or african american (35 degrees).

The median undergraduate tuition at Midway University is $25,480, which is $905 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Midway University was 0%, corresponding to 0 out of the 476 total borrowers.

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Midway University is $25,480, which is $905 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 $24,739.

In 2023, 91% of undergraduate students attending Midway University received financial aid through grants. Comparatively, 62% of undergraduate students received financial aid through loans.

Tuition Costs

$25,480

2023 Undergraduate Tuition

In 2023, the cost of tuition at Midway University was $25,480. The cost of tuition at Midway University is $905 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$24,739

2023 Value

8.28%

1 Year Growth

In 2023 Midway University had an average net price — the price paid after factoring in grants and loans — of $24,739. Between 2022 and 2023, the average net price of Midway University grew by 8.28%.

This chart compares the average net price of Midway 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

$8,600

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Midway University was of $8,600 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 $1,200. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

91%

Undergraduates Receiving Financial Aid through Grants

62%

Undergraduates Receiving Financial Aid through Loans

91% of undergraduate students at Midway University received financial aid through grants or loans in 2023. This represents a decline of 8.08% with respect to 2022, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Midway 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Midway University was 0%, which represents 0 out of the 476 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

Midway University received 1,120 undergraduate applications in 2023, which represents a 5.96% annual growth. Out of those 1,120 applicants, 1,066 students were accepted for enrollment, representing a 95.2% acceptance rate.

There were 1,945 students enrolled at Midway University in 2023. 3% of first-time enrollees submitted SAT scores with their applications.

Midway University has an overall enrollment yield of 24.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

95.2%

Acceptance Rate in 2023

1,066

Accepted Out of 1,120

In 2023, the undergraduate acceptance rate of Midway University was 95.2% (1,066 admissions from 1,120 applications). This is higher than the acceptance rate of 2022, which was 93.8%. Between 2022 and 2023, the number of applicants grew by 5.96%, while admissions grew by 7.57%.

This chart compares the acceptance rate of Midway University (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 Midway 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

Midway University had a total enrollment of 1,945 students in 2023. The full-time enrollment at Midway University is 1,235 students and the part-time enrollment is 710. This means that 63.5% of students enrolled at Midway University are enrolled full-time.

The enrolled student population at Midway University, both undergraduate and graduate, is 54.4% White, 7.56% Black or African American, 5.19% Hispanic or Latino, 3.03% Two or More Races, 0.771% Asian, and 0.36% American Indian or Alaska Native.

Students enrolled at Midway University in full-time Undergraduate programs are most commonly White Female (45.1%), followed by White Male (25.9%) and Black or African American Male (6.7%). Students enrolled in full-time Graduate programs are most commonly White Female (34.3%), followed by White Male (18%) and Black or African American Female (5.02%).

Full-Time vs Part-Time Enrollment

63.5%

Full-Time Enrollment

The total enrollment at Midway University in 2023, both undergraduate and graduate, is 1,945 students. The full-time enrollment at Midway University is 1,235 and the part-time enrollment is 710. This means that 63.5% of students enrolled at Midway 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 Midway University (in red) compares to similar universities.

Retention Rate over Time

69%

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 Midway University was 69%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Midway University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,059 enrolled students
Black or African American
147 enrolled students
Hispanic or Latino
101 enrolled students

The enrolled student population at Midway University is 54.4% White, 7.56% Black or African American, 5.19% Hispanic or Latino, 3.03% Two or More Races, 0.771% Asian, and 0.36% 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 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, 458 students (23.5%) did not report their race.

Graduates

In 2023, 161 more women than men received degrees from Midway University. The most common race/ethnicity group of degree recipients at Midway University is white (287 degrees awarded). There were 8.2 times more white recipients than the next closest race/ethnicity group, black or african american (35 degrees).

The most common Masters Degree concentration at Midway University is General Business Administration & Management (85 degrees awarded), followed by General Education (16 degrees) and Nursing Administration (4 degrees).

In 2023, the most specialized majors across all degree types at Midway University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Agriculture (24 degrees awarded), Parks, Recreation, & Leisure (23 degrees), and Business (161 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 Midway University are Accountants & auditors (1,043,390 people), Other managers (909,122 people), Financial managers (551,727 people), Chief executives & legislators (464,722 people), and Elementary & middle school teachers (339,171 people).

The most specialized majors at Midway University in 2023 are Agriculture (24 degrees awarded), Parks, Recreation, & Leisure (23 degrees), Business (161 degrees), Communications (21 degrees), and English (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 Midway University are Surgeons, Physicians, Nurse anesthetists, Financial examiners, and Cardiovascular technologists and technicians

The most specialized majors at Midway University are Agriculture (24 degrees awarded), Parks, Recreation, & Leisure (23 degrees), Business (161 degrees), Communications (21 degrees), and English (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 Midway University are Elementary & secondary schools (3,513,187 people), Colleges, universities & professional schools, including junior colleges (719,656 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (677,465 people), Computer Systems Design (612,117 people), and Banking & related activities (535,562 people).

Majors Awarded

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

Most Common (2023)

General Business
55 degrees awarded
Equestrian Studies
24 degrees awarded
Sport & Fitness Management
23 degrees awarded

In 2023, the most common bachelors degree concentration at Midway University was General Business with 55 degrees awarded.

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

Sex Breakdown for Common Majors

108

Degrees Awarded to Men

in 2023

269

Degrees Awarded to Women

in 2023

In 2023, 108 degrees were awarded to men at Midway University, which is 0.401 times less than the number of degrees awarded to females (269).

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

Most Common Male Majors

In 2023, 29 degrees were awarded to men at Midway University in General Business Administration & Management, which is 0.518 times less than the 56 female recipients with that same degree.

Most Common Female Majors

In 2023, 56 degrees were awarded to men at Midway University in General Business Administration & Management, which is 1.93 times more than the 29 male recipients with that same degree.

Time to Complete

54%

100% Completion Time

59%

150% Completion Time

In 2023, 54% of students graduating from Midway University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 59% 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.

Hispanic or Latino Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Midway University is Female and Hispanic or Latino (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, 5.36% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
287 degrees awarded
Black or African American
35 degrees awarded
Hispanic or Latino
20 degrees awarded

The most common race/ethnicity at Midway University is white (287 degrees awarded). There were 8.2 times more white recipients than the next closest race/ethnicity group, black or african american (35 degrees).

1.86% of degree recipients (7 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
207 degrees awarded
White Male
80 degrees awarded
Black or African American Female
25 degrees awarded

The most common race/ethnicity and sex grouping at Midway University is white female (207 degrees awarded). There were 2.59 times more white female recipients than the next closest race/ethnicity group, white male (80 degrees).

Operations

Midway University has an endowment valued at nearly $31.6M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.21M (10.1%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Midway University had a total salary expenditure of 23.1M. Midway University employs 16 Assistant professors, 10 Instructors and 9 Associate professors. Most academics at Midway University are Female Assistant professor (10), Female Instructor (7), and Male Assistant professor (6).

The most common positions for non-instructional staff at Midway University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 21 employees, Management, with 16 employees, and Office and Administrative Support with 9 employees.

Endowment

$31.6M

2023 Endowment

9.39%

growth from 2022

Midway University has an endowment valued at about $31.6M, as of the end of the 2023 fiscal year. The endowment of Midway University grew 9.39% from the previous year. The value of their endowment was $18.1M 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 Midway 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: Small Programs Carnegie Classification grouping.

Salary Expenditure

$8.92M

2023 Salaries

6.72%

growth from 2022

In 2023, Midway University paid a median of $8.92M in salaries, which represents 38.5% of their overall expenditure ($23.1M) and a 6.72% growth from the previous year. This is compared to a 0.581% growth between 2021 and 2022, and a 3.59% growth between 2020 and 2021.

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

Instructional Salaries

$2.6M

Instructional Salaries

Number of Employees

In 2023, Midway University paid a total of $2.6M to 39 employees working as instructors, which represents 29.2% 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

16 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

21 Employees

In 2023, the most common positions for instructional staff at Midway University were Assistant professor with 16 employees, Instructor with 10 employees, and Associate professor with 9 employees.

In 2023, the most common positions for non-instructional staff at Midway University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 21 employees, Management with 16 employees, and Office and Administrative Support with 9 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Female Instructor
Male Assistant professor

In 2023, the most common demographic for instructional staff at Midway University was Female Assistant professor with 10 employees, Female Instructor with 7 employees, and Male Assistant professor with 6 employees.

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

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