Radford University

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2023 Undergraduate Tuition
$8,401
3% growth from 2022
2023 Average Net Price
$18,282
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
90.6%
11,072 Applicants
2023 Enrolled Students
7,531
78.6% Full-Time
2023 Graduation Rate
49.6%
914 Graduates

About

Radford University is a higher education institution located in Radford city, VA. In 2023, the most popular Bachelors Degree concentrations at Radford University were Registered Nursing (258 degrees awarded), General Business Administration & Management (118 degrees), and Criminal Justice - Safety Studies (116 degrees).

In 2023, 2,222 degrees were awarded across all undergraduate and graduate programs at Radford University. 67.8% of these degrees were awarded to women, and 32.2% awarded men. The most common race/ethnicity group of degree recipients was white (1,538 degrees), 5.61 times more than then the next closest race/ethnicity group, black or african american (274 degrees).

The median undergraduate tuition at Radford University is $8,401, which is $−16,174 less than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Radford University was 0%, corresponding to 0 out of the 2,930 total borrowers.

Costs

In 2023, the median undergraduate tuition at Radford University is $8,401, which is $16,174 less 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 $18,282.

In 2023, 92% of undergraduate students attending Radford University received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Tuition Costs

$8,401
2023 Undergraduate Tuition

In 2023, the cost of tuition at Radford University was $8,401. The cost of tuition at Radford University is $−16,174 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

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Average Net Price

$18,282
2023 Value
6.88%
1 Year Growth

In 2023 Radford University had an average net price — the price paid after factoring in grants and loans — of $18,282. Between 2022 and 2023, the average net price of Radford University grew by 6.88%.

This chart compares the average net price of Radford 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.

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Other Student Expenses

$10,567
Room and Board
$1,260
Books and Supplies

The average yearly cost of room and board at Radford University was of $10,567 in 2023. The cost of room and board increased by 2.29% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,260. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

92%
Undergraduates Receiving Financial Aid through Grants
55%
Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at Radford University received financial aid through grants or loans in 2023. This represents a growth of 3.37% with respect to 2022, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Radford 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.

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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 Radford University was 0%, which represents 0 out of the 2930 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

Radford University received 11,072 undergraduate applications in 2023, which represents a 3.23% annual growth. Out of those 11,072 applicants, 10,036 students were accepted for enrollment, representing a 90.6% acceptance rate.

There were 7,531 students enrolled at Radford University in 2023. 19% of first-time enrollees submitted SAT scores with their applications.

Radford University has an overall enrollment yield of 11%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

90.6%
Acceptance Rate in 2023
10,036
Accepted Out of 11,072

In 2023, the undergraduate acceptance rate of Radford University was 90.6% (10,036 admissions from 11,072 applications). This is lower than the acceptance rate of 2022, which was 93.3%. Between 2022 and 2023, the number of applicants declined by 3.23%, while admissions declined by 6.03%.

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

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SAT Scores

19%
Submission Percentage (2023)
209
Scores Submitted (2023)

19% of enrolled first-time students at Radford 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.

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Enrollment

Radford University had a total enrollment of 7,531 students in 2023. The full-time enrollment at Radford University is 5,922 students and the part-time enrollment is 1,609. This means that 78.6% of students enrolled at Radford University are enrolled full-time.

The enrolled student population at Radford University, both undergraduate and graduate, is 69.4% White, 12.9% Black or African American, 7.22% Hispanic or Latino, 4.53% Two or More Races, 1.81% Asian, 0.226% American Indian or Alaska Native, and 0.0664% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Radford University in full-time Undergraduate programs are most commonly White Female (41.2%), followed by White Male (24.1%) and Black or African American Female (9.53%). Students enrolled in full-time Graduate programs are most commonly White Female (62.5%), followed by White Male (13.7%) and Black or African American Female (5.45%).

Full-Time vs Part-Time Enrollment

78.6%
Full-Time Enrollment

The total enrollment at Radford University in 2023, both undergraduate and graduate, is 7,531 students. The full-time enrollment at Radford University is 5,922 and the part-time enrollment is 1,609. This means that 78.6% of students enrolled at Radford 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 Radford University (in red) compares to similar universities.

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Retention Rate over Time

73%
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 Radford University was 73%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Radford University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    5,223 enrolled students
  2. Black or African American
    969 enrolled students
  3. Hispanic or Latino
    544 enrolled students

The enrolled student population at Radford University is 69.4% White, 12.9% Black or African American, 7.22% Hispanic or Latino, 4.53% Two or More Races, 1.81% Asian, 0.226% American Indian or Alaska Native, and 0.0664% 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, 226 students (3%) did not report their race.

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Graduates

In 2023, 790 more women than men received degrees from Radford University. The most common race/ethnicity group of degree recipients at Radford University is white (1,538 degrees awarded). There were 5.61 times more white recipients than the next closest race/ethnicity group, black or african american (274 degrees).

The most common Bachelor's Degree concentration at Radford University is Registered Nursing (258 degrees awarded), followed by General Business Administration & Management (118 degrees) and Criminal Justice - Safety Studies (116 degrees).

In 2023,  the most specialized majors across all degree types at Radford University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Protective Services (134 degrees awarded), Education (310 degrees), and Interdisciplinary Studies (119 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Radford University are Elementary & middle school teachers (1,542,284 people), Secondary school teachers (508,965 people), Education administrators (278,750 people), Special education teachers (210,616 people), and Other managers (205,780 people).

The most specialized majors at Radford University in 2023 are Protective Services (134 degrees awarded), Education (310 degrees), Interdisciplinary Studies (119 degrees), Public Administration and Social Service (86 degrees), and Parks, Recreation, & Leisure (51 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 Radford University are Surgeons, Physicians, Cardiovascular technologists and technicians, Photographic process workers & processing machine operators, and Aircraft pilots & flight engineers

The most specialized majors at Radford University are Protective Services (134 degrees awarded), Education (310 degrees), Interdisciplinary Studies (119 degrees), Public Administration and Social Service (86 degrees), and Parks, Recreation, & Leisure (51 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 Radford University are Elementary & secondary schools (726,527 people), Justice, public order, & safety activities (423,409 people), Colleges, universities & professional schools, including junior colleges (372,473 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (370,666 people), and Individual & family services (269,852 people).

The most specialized majors at Radford University are Protective Services (134 degrees awarded), Education (310 degrees), Interdisciplinary Studies (119 degrees), Public Administration and Social Service (86 degrees), and Parks, Recreation, & Leisure (51 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 Radford University.
Most Common (2023)
  1. 258 degrees awarded
  2. 118 degrees awarded
  3. 116 degrees awarded

In 2023, the most common bachelors degree concentration at Radford University was Registered Nursing with 258 degrees awarded.

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

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Sex Breakdown for Common Majors

716
Degrees Awarded to Men
in 2023
1,506
Degrees Awarded to Women
in 2023

In 2023, 716 degrees were awarded to men at Radford University, which is 0.475 times less than the number of degrees awarded to females (1,506).

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

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Most Common Male Majors

In 2023, 93 degrees were awarded to men at Radford University in General Business Administration & Management, which is 1.72 times more than the 54 female recipients with that same degree.

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Most Common Female Majors

In 2023, 226 degrees were awarded to men at Radford University in Registered Nursing, which is 7.06 times more than the 32 male recipients with that same degree.

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Time to Complete

39%
100% Completion Time
54%
150% Completion Time

In 2023, 39% of students graduating from Radford University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 54% completed their degrees within 150% of the normal time, and 55% 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.
White Female
Highest Graduation Rate (57.1%)

The student demographic with the highest graduation rate in 2023 at Radford University is Female and White (57.1% 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, 2.41% of graduates (22 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    1,538 degrees awarded
  2. Black or African American
    274 degrees awarded
  3. Hispanic or Latino
    134 degrees awarded

The most common race/ethnicity at Radford University is white (1,538 degrees awarded). There were 5.61 times more white recipients than the next closest race/ethnicity group, black or african american (274 degrees).

5.04% of degree recipients (112 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    1,046 degrees awarded
  2. White Male
    492 degrees awarded
  3. Black or African American Female
    187 degrees awarded

The most common race/ethnicity and sex grouping at Radford University is white female (1,046 degrees awarded). There were 2.13 times more white female recipients than the next closest race/ethnicity group, white male (492 degrees).

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Operations

Radford University has an endowment valued at nearly $67.5M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.01M (4.46%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Radford University had a total salary expenditure of 217M. Radford University employs 135 Professors, 121 Assistant professors and 103 Associate professors. Most academics at Radford University are Male Professor (75), Female Assistant professor (73), and Female Professor (60).

The most common positions for non-instructional staff at Radford University are: Management, with 161 employees, Office and Administrative Support, with 160 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 140 employees.

Endowment

$67.5M
2023 Endowment
3.95%
growth from 2022

Radford University has an endowment valued at about $67.5M, as of the end of the 2023 fiscal year. The endowment of Radford University grew 3.95% from the previous year. The value of their endowment was $17.7M 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 Radford 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.

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Salary Expenditure

$94.7M
2023 Salaries
1.98%
growth from 2022

In 2023, Radford University paid a median of $94.7M in salaries, which represents 43.6% of their overall expenditure ($217M) and a 1.98% growth from the previous year. This is compared to a 4.03% decline between 2021 and 2022, and a 3.55% 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

$38.4M
Instructional Salaries
433
Number of Employees

In 2023, Radford University paid a total of $38.4M to 433 employees working as instructors, which represents 40.5% 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

Professor
Most Common Instructor
135 Employees
Management
Most Common Non-Instructional Employee
161 Employees

In 2023, the most common positions for instructional staff at Radford University were Professor with 135 employees, Assistant professor with 121 employees, and Associate professor with 103 employees.

In 2023, the most common positions for non-instructional staff at Radford University were Management with 161 employees, Office and Administrative Support with 160 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 140 employees.

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Instructors by Academic Rank and Sex

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

In 2023, the most common demographic for instructional staff at Radford University was Male Professor with 75 employees, Female Assistant professor with 73 employees, and Female Professor with 60 employees.

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

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