Salve Regina University

www.salve.edu

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2023 Undergraduate Tuition

$47,180

4.27% growth from 2022

2023 Average Net Price

$37,794

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

69.9%

5,697 Applicants

2023 Enrolled Students

2,836

79.4% Full-Time

2023 Graduation Rate

74.9%

442 Graduates

About

Salve Regina University is a higher education institution located in Newport County, RI. In 2023, the most popular Bachelors Degree concentrations at Salve Regina University were Registered Nursing (99 degrees awarded), General Psychology (62 degrees), and General Marketing & Marketing Management (50 degrees).

In 2023, 833 degrees were awarded across all undergraduate and graduate programs at Salve Regina University. 68.7% of these degrees were awarded to women, and 31.3% awarded men. The most common race/ethnicity group of degree recipients was white (668 degrees), 9.28 times more than then the next closest race/ethnicity group, hispanic or latino (72 degrees).

The median undergraduate tuition at Salve Regina University is $47,180, which is $22,605 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Salve Regina University was 0%, corresponding to 0 out of the 584 total borrowers.

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Salve Regina University is $47,180, which is $22,605 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 $37,794.

In 2023, 97% of undergraduate students attending Salve Regina University received financial aid through grants. Comparatively, 71% of undergraduate students received financial aid through loans.

Tuition Costs

$47,180

2023 Undergraduate Tuition

In 2023, the cost of tuition at Salve Regina University was $47,180. The cost of tuition at Salve Regina University is $22,605 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$37,794

2023 Value

0.534%

1 Year Growth

In 2023 Salve Regina University had an average net price — the price paid after factoring in grants and loans — of $37,794. Between 2022 and 2023, the average net price of Salve Regina University grew by 0.534%.

This chart compares the average net price of Salve Regina 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

$14,185

Room and Board

$1,550

Books and Supplies

The average yearly cost of room and board at Salve Regina University was of $14,185 in 2023. The cost of room and board increased by 3.58% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,550. The cost of books and supplies increased by 3.33% during the same period.

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

Financial Aid by Income Level

97%

Undergraduates Receiving Financial Aid through Grants

71%

Undergraduates Receiving Financial Aid through Loans

97% of undergraduate students at Salve Regina University received financial aid through grants or loans in 2023. This represents a growth of 1.04% with respect to 2022, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Salve Regina 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 Salve Regina University was 0%, which represents 0 out of the 584 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

Salve Regina University received 5,697 undergraduate applications in 2023, which represents a 2.43% annual growth. Out of those 5,697 applicants, 3,983 students were accepted for enrollment, representing a 69.9% acceptance rate.

There were 2,836 students enrolled at Salve Regina University in 2023. 17% of first-time enrollees submitted SAT scores with their applications.

Salve Regina University has an overall enrollment yield of 13.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

69.9%

Acceptance Rate in 2023

3,983

Accepted Out of 5,697

In 2023, the undergraduate acceptance rate of Salve Regina University was 69.9% (3,983 admissions from 5,697 applications). This is higher than the acceptance rate of 2022, which was 69.5%. Between 2022 and 2023, the number of applicants grew by 2.43%, while admissions grew by 3%.

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

SAT Scores

17%

Submission Percentage (2023)

Scores Submitted (2023)

17% of enrolled first-time students at Salve Regina 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

Salve Regina University had a total enrollment of 2,836 students in 2023. The full-time enrollment at Salve Regina University is 2,252 students and the part-time enrollment is 584. This means that 79.4% of students enrolled at Salve Regina University are enrolled full-time.

The enrolled student population at Salve Regina University, both undergraduate and graduate, is 76.8% White, 8.82% Hispanic or Latino, 3.1% Two or More Races, 2.26% Black or African American, 1.48% Asian, 0.247% Native Hawaiian or Other Pacific Islanders, and 0.176% American Indian or Alaska Native.

Students enrolled at Salve Regina University in full-time Undergraduate programs are most commonly White Female (55.1%), followed by White Male (22.9%) and Hispanic or Latino Female (6.66%). Students enrolled in full-time Graduate programs are most commonly White Female (49.4%), followed by White Male (29.3%) and Hispanic or Latino Female (3.98%).

Full-Time vs Part-Time Enrollment

79.4%

Full-Time Enrollment

The total enrollment at Salve Regina University in 2023, both undergraduate and graduate, is 2,836 students. The full-time enrollment at Salve Regina University is 2,252 and the part-time enrollment is 584. This means that 79.4% of students enrolled at Salve Regina 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 Salve Regina University (in red) compares to similar universities.

Retention Rate over Time

85%

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 Salve Regina University was 85%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Salve Regina University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
2,179 enrolled students
Hispanic or Latino
250 enrolled students
Two or More Races
88 enrolled students

The enrolled student population at Salve Regina University is 76.8% White, 8.82% Hispanic or Latino, 3.1% Two or More Races, 2.26% Black or African American, 1.48% Asian, 0.247% Native Hawaiian or Other Pacific Islanders, and 0.176% 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, 126 students (4.44%) did not report their race.

Graduates

In 2023, 311 more women than men received degrees from Salve Regina University. The most common race/ethnicity group of degree recipients at Salve Regina University is white (668 degrees awarded). There were 9.28 times more white recipients than the next closest race/ethnicity group, hispanic or latino (72 degrees).

The most common Bachelor's Degree concentration at Salve Regina University is Registered Nursing (99 degrees awarded), followed by General Psychology (62 degrees) and General Marketing & Marketing Management (50 degrees).

In 2023, the most specialized majors across all degree types at Salve Regina University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Protective Services (100 degrees awarded), History (16 degrees), and Psychology (101 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 Salve Regina University are Elementary & middle school teachers (270,800 people), Other managers (264,637 people), Lawyers, & judges, magistrates, & other judicial workers (252,077 people), Postsecondary teachers (169,923 people), and Police officers (160,504 people).

The most specialized majors at Salve Regina University in 2023 are Protective Services (100 degrees awarded), History (16 degrees), Psychology (101 degrees), English (16 degrees), and Natural Resources & Conservation (9 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Salve Regina University are Diagnostic medical sonographers, Surgeons, Physicians, Magnetic resonance imaging technologists, and Photographic process workers & processing machine operators

The most specialized majors at Salve Regina University are Protective Services (100 degrees awarded), History (16 degrees), Psychology (101 degrees), English (16 degrees), and Natural Resources & Conservation (9 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 Salve Regina University are Elementary & secondary schools (1,170,292 people), Colleges, universities & professional schools, including junior colleges (695,035 people), Computer Systems Design (630,287 people), Justice, public order, & safety activities (584,332 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (541,387 people).

Majors Awarded

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

Most Common (2023)

Registered Nursing
99 degrees awarded
General Psychology
62 degrees awarded
General Marketing & Marketing Management
50 degrees awarded

In 2023, the most common bachelors degree concentration at Salve Regina University was Registered Nursing with 99 degrees awarded.

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

Sex Breakdown for Common Majors

261

Degrees Awarded to Men

in 2023

572

Degrees Awarded to Women

in 2023

In 2023, 261 degrees were awarded to men at Salve Regina University, which is 0.456 times less than the number of degrees awarded to females (572).

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

Most Common Male Majors

In 2023, 65 degrees were awarded to men at Salve Regina University in General Business Administration & Management, which is 1.51 times more than the 43 female recipients with that same degree.

Most Common Female Majors

In 2023, 93 degrees were awarded to men at Salve Regina University in Registered Nursing, which is 15.5 times more than the 6 male recipients with that same degree.

Time to Complete

71%

100% Completion Time

73%

150% Completion Time

In 2023, 71% of students graduating from Salve Regina University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 73% completed their degrees within 150% of the normal time, and 73% 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 Female

Highest Graduation Rate (92.9%)

The student demographic with the highest graduation rate in 2023 at Salve Regina University is Female and Two or More Races (92.9% 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, 2.71% of graduates (12 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
668 degrees awarded
Hispanic or Latino
72 degrees awarded
Black or African American
24 degrees awarded

The most common race/ethnicity at Salve Regina University is white (668 degrees awarded). There were 9.28 times more white recipients than the next closest race/ethnicity group, hispanic or latino (72 degrees).

3.96% of degree recipients (33 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
473 degrees awarded
White Male
195 degrees awarded
Hispanic or Latino Female
48 degrees awarded

The most common race/ethnicity and sex grouping at Salve Regina University is white female (473 degrees awarded). There were 2.43 times more white female recipients than the next closest race/ethnicity group, white male (195 degrees).

Operations

Salve Regina University has an endowment valued at nearly $83M, as of the end of the 2023 fiscal year. The return on its endowment was of 6.87M (8.27%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Salve Regina University had a total salary expenditure of 84.2M. Salve Regina University employs 40 Lecturers, 34 Assistant professors and 34 Associate professors. Most academics at Salve Regina University are Female Lecturer (25), Female Assistant professor (24), and Female Associate professor (24).

The most common positions for non-instructional staff at Salve Regina University are: Management, with 61 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 57 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 44 employees.

Endowment

$83M

2023 Endowment

7.26%

growth from 2022

Salve Regina University has an endowment valued at about $83M, as of the end of the 2023 fiscal year. The endowment of Salve Regina University grew 7.26% from the previous year. The value of their endowment was $33.3M 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 Salve Regina 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: Medium Programs Carnegie Classification grouping.

Salary Expenditure

$38M

2023 Salaries

1.91%

growth from 2022

In 2023, Salve Regina University paid a median of $38M in salaries, which represents 45.1% of their overall expenditure ($84.2M) and a 1.91% growth from the previous year. This is compared to a 14% growth between 2021 and 2022, and a 1.43% growth between 2020 and 2021.

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

Instructional Salaries

$11.1M

Instructional Salaries

133

Number of Employees

In 2023, Salve Regina University paid a total of $11.1M to 133 employees working as instructors, which represents 29.3% of all salaries paid.

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

Occupations by Share

Lecturer

Most Common Instructor

40 Employees

Management

Most Common Non-Instructional Employee

61 Employees

In 2023, the most common positions for instructional staff at Salve Regina University were Lecturer with 40 employees, Assistant professor with 34 employees, and Associate professor with 34 employees.

In 2023, the most common positions for non-instructional staff at Salve Regina University were Management with 61 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 57 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 44 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Lecturer
Female Assistant professor
Female Associate professor

In 2023, the most common demographic for instructional staff at Salve Regina University was Female Lecturer with 25 employees, Female Assistant professor with 24 employees, and Female Associate professor with 24 employees.

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

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