Parker University (243823)

www.parker.edu

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2023 Undergraduate Tuition
$25,560
2.9% growth from 2022
2023 Average Net Price
$27,240
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
2,196
87.6% Full-Time
2023 Graduation Rate
60.5%
26 Graduates

About

Parker University (243823) is a higher education institution located in Dallas County, TX. In 2023, the most popular Professional Doctorate concentrations at Parker University (243823) were Chiropractic (330 degrees awarded).

In 2023, 654 degrees were awarded across all undergraduate and graduate programs at Parker University (243823). 55% of these degrees were awarded to women, and 45% awarded men. The most common race/ethnicity group of degree recipients was white (375 degrees), 4.31 times more than then the next closest race/ethnicity group, black or african american (87 degrees).

The median undergraduate tuition at Parker University (243823) is $25,560, which is $10,396 more than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Parker University (243823) was 0%, corresponding to 0 out of the 593 total borrowers.

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

Costs

In 2023, the median undergraduate tuition at Parker University (243823) is $25,560, which is $10,396 more than the national average for Special Focus Institutions ($15,164).

After taking grants and loans into account, the average net price for students is $27,240.

In 2023, 95% of undergraduate students attending Parker University (243823) received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$25,560
2023 Undergraduate Tuition

In 2023, the cost of tuition at Parker University (243823) was $25,560. The cost of tuition at Parker University (243823) is $10,396 more than than the overall (public and private) national average for Special Focus Institutions ($15,164).

This chart compares the tuition costs of Parker University (243823) (in red) with those of other similar universities.

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Average Net Price

$27,240
2023 Value
13%
1 Year Growth

In 2023 Parker University (243823) had an average net price — the price paid after factoring in grants and loans — of $27,240. Between 2022 and 2023, the average net price of Parker University (243823) grew by 13%.

This chart compares the average net price of Parker University (243823) (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

$11,446
Room and Board
$800
Books and Supplies

The average yearly cost of room and board at Parker University (243823) was of $11,446 in 2023. The cost of room and board decreased by 4.62% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Parker University (243823) (in red) with that of similar universities.

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Financial Aid by Income Level

95%
Undergraduates Receiving Financial Aid through Grants
67%
Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Parker University (243823) received financial aid through grants or loans in 2023. This represents a growth of 3.26% with respect to 2022, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at Parker University (243823) (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 Parker University (243823) was 0%, which represents 0 out of the 593 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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Enrollment

Parker University (243823) had a total enrollment of 2,196 students in 2023. The full-time enrollment at Parker University (243823) is 1,924 students and the part-time enrollment is 272. This means that 87.6% of students enrolled at Parker University (243823) are enrolled full-time.

The enrolled student population at Parker University (243823), both undergraduate and graduate, is 53.8% White, 16.8% Black or African American, 6.92% Hispanic or Latino, 5.97% Asian, 2.55% American Indian or Alaska Native, 2.32% Two or More Races, and 0.865% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Parker University (243823) in full-time Undergraduate programs are most commonly White Female (28.5%), followed by Black or African American Female (21.6%) and White Male (12.3%). Students enrolled in full-time Graduate programs are most commonly White Female (31%), followed by White Male (28.2%) and Black or African American Female (6.53%).

Full-Time vs Part-Time Enrollment

87.6%
Full-Time Enrollment

The total enrollment at Parker University (243823) in 2023, both undergraduate and graduate, is 2,196 students. The full-time enrollment at Parker University (243823) is 1,924 and the part-time enrollment is 272. This means that 87.6% of students enrolled at Parker University (243823) 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 Parker University (243823) (in red) compares to similar universities.

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Retention Rate over Time

25%
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 Parker University (243823) was 25%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Parker University (243823) had a retention rate lower than its peers.

This chart shows the retention rate over time at Parker University (243823) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    1,181 enrolled students
  2. Black or African American
    369 enrolled students
  3. Hispanic or Latino
    152 enrolled students

The enrolled student population at Parker University (243823) is 53.8% White, 16.8% Black or African American, 6.92% Hispanic or Latino, 5.97% Asian, 2.55% American Indian or Alaska Native, 2.32% Two or More Races, and 0.865% 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 Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% 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, 229 students (10.4%) did not report their race.

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Graduates

In 2023, 66 more women than men received degrees from Parker University (243823). The most common race/ethnicity group of degree recipients at Parker University (243823) is white (375 degrees awarded). There were 4.31 times more white recipients than the next closest race/ethnicity group, black or african american (87 degrees).

The most common Professional Doctorate concentration at Parker University (243823) is Chiropractic (330 degrees awarded).

In 2023,  the most specialized majors across all degree types at Parker University (243823), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (41 degrees awarded), Health (520 degrees), and Biology (72 degrees).

Common Jobs by Major

Registered nurses
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Parker University (243823) are Registered nurses (1,630,944 people), Accountants & auditors (1,044,610 people), Other managers (887,713 people), Financial managers (536,434 people), and Physicians (529,661 people).

The most specialized majors at Parker University (243823) in 2023 are Parks, Recreation, & Leisure (41 degrees awarded), Health (520 degrees), Biology (72 degrees), Human Sciences (2 degrees), and Business (15 degrees) (as of 2023).

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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 Parker University (243823) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Parker University (243823) are Parks, Recreation, & Leisure (41 degrees awarded), Health (520 degrees), Biology (72 degrees), Human Sciences (2 degrees), and Business (15 degrees) (as of 2023).

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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 Parker University (243823) 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 Parker University (243823) are Parks, Recreation, & Leisure (41 degrees awarded), Health (520 degrees), Biology (72 degrees), Human Sciences (2 degrees), and Business (15 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 Parker University (243823).
Chiropractic
Most Common (2023)
330 degrees awarded

In 2023, the most common professional doctorate concentration at Parker University (243823) was Chiropractic with 330 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from professional doctorate programs at Parker University (243823) according to their major.

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Sex Breakdown for Common Majors

294
Degrees Awarded to Men
in 2023
360
Degrees Awarded to Women
in 2023

In 2023, 294 degrees were awarded to men at Parker University (243823), which is 0.817 times less than the number of degrees awarded to females (360).

This chart displays the sex disparity between the top 5 majors at Parker University (243823) by degrees awarded.

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Most Common Male Majors

In 2023, 176 degrees were awarded to men at Parker University (243823) in Chiropractic, which is 1.14 times more than the 154 female recipients with that same degree.

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Most Common Female Majors

In 2023, 154 degrees were awarded to men at Parker University (243823) in Chiropractic, which is 0.875 times less than the 176 male recipients with that same degree.

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Time to Complete

100%
100% Completion Time
100%
150% Completion Time

In 2022, 100% of students graduating from Parker University (243823) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 100% completed their degrees within 150% of the normal time, and 100% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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 Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Parker University (243823) is Male and Asian (100% graduation rate). Across all Special Focus Institutions, 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    375 degrees awarded
  2. Black or African American
    87 degrees awarded
  3. Hispanic or Latino
    86 degrees awarded

The most common race/ethnicity at Parker University (243823) is white (375 degrees awarded). There were 4.31 times more white recipients than the next closest race/ethnicity group, black or african american (87 degrees).

4.74% of degree recipients (31 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    193 degrees awarded
  2. White Male
    182 degrees awarded
  3. Black or African American Female
    52 degrees awarded

The most common race/ethnicity and sex grouping at Parker University (243823) is white female (193 degrees awarded). There were 1.06 times more white female recipients than the next closest race/ethnicity group, white male (182 degrees).

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Operations

Parker University (243823) has an endowment valued at nearly $40.2M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.24M (8.04%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Parker University (243823) had a total salary expenditure of 69.3M. Parker University (243823) employs 61 Assistant professors, 18 Associate professors and 16 Instructors. Most academics at Parker University (243823) are Male Assistant professor (32), Female Assistant professor (29), and Male Associate professor (11).

The most common positions for non-instructional staff at Parker University (243823) are: Management, with 62 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 41 employees, and Office and Administrative Support with 33 employees.

Endowment

$40.2M
2023 Endowment
13.3%
growth from 2022

Parker University (243823) has an endowment valued at about $40.2M, as of the end of the 2023 fiscal year. The endowment of Parker University (243823) grew 13.3% from the previous year. The value of their endowment was $27.8M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Parker University (243823) (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.

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Salary Expenditure

$29.3M
2023 Salaries
15.6%
growth from 2022

In 2023, Parker University (243823) paid a median of $29.3M in salaries, which represents 42.3% of their overall expenditure ($69.3M) and a 15.6% growth from the previous year. This is compared to a 13% growth between 2021 and 2022, and a 12.1% growth between 2020 and 2021.

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

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Instructional Salaries

$8.61M
Instructional Salaries
106
Number of Employees

In 2023, Parker University (243823) paid a total of $8.61M to 106 employees working as instructors, which represents 29.4% of all salaries paid.

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

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Occupations by Share

Assistant professor
Most Common Instructor
61 Employees
Management
Most Common Non-Instructional Employee
62 Employees

In 2023, the most common positions for instructional staff at Parker University (243823) were Assistant professor with 61 employees, Associate professor with 18 employees, and Instructor with 16 employees.

In 2023, the most common positions for non-instructional staff at Parker University (243823) were Management with 62 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 41 employees, and Office and Administrative Support with 33 employees.

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Instructors by Academic Rank and Sex

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

In 2023, the most common demographic for instructional staff at Parker University (243823) was Male Assistant professor with 32 employees, Female Assistant professor with 29 employees, and Male Associate professor with 11 employees.

This chart shows the sex split between each academic rank present at Parker University (243823).

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