Thomas More University

www.thomasmore.edu

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2023 Undergraduate Tuition

$37,650

10.5% growth from 2022

2023 Average Net Price

$21,314

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

97%

3,030 Applicants

2023 Enrolled Students

1,947

66.4% Full-Time

2023 Graduation Rate

39.8%

139 Graduates

About

Thomas More University is a higher education institution located in Kenton County, KY. In 2023, the most popular Bachelors Degree concentrations at Thomas More University were General Business Administration & Management (67 degrees awarded), Registered Nursing (38 degrees), and Liberal Arts & Sciences (27 degrees).

In 2023, 421 degrees were awarded across all undergraduate and graduate programs at Thomas More University. 52.5% of these degrees were awarded to women, and 47.5% awarded men. The most common race/ethnicity group of degree recipients was white (334 degrees), 11.9 times more than then the next closest race/ethnicity group, black or african american (28 degrees).

The median undergraduate tuition at Thomas More University is $37,650, which is $13,075 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Thomas More University was 0%, corresponding to 0 out of the 566 total borrowers.

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Thomas More University is $37,650, which is $13,075 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 $21,314.

In 2023, 90% of undergraduate students attending Thomas More University received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

Tuition Costs

$37,650

2023 Undergraduate Tuition

In 2023, the cost of tuition at Thomas More University was $37,650. The cost of tuition at Thomas More University is $13,075 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$21,314

2023 Value

2.95%

1 Year Growth

In 2023 Thomas More University had an average net price — the price paid after factoring in grants and loans — of $21,314. Between 2022 and 2023, the average net price of Thomas More University grew by 2.95%.

This chart compares the average net price of Thomas More 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

$9,077

Room and Board

The average yearly cost of room and board at Thomas More University was of $9,077 in 2023. The cost of room and board increased by 3.86% between 2022 and 2023.

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

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

60%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Thomas More University received financial aid through grants or loans in 2023. This represents a growth of 15.4% with respect to 2022, when 78% of undergraduate students received financial aid.

This chart compares the average award discount at Thomas More 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 Thomas More University was 0%, which represents 0 out of the 566 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

Thomas More University received 3,030 undergraduate applications in 2023, which represents a 3.8% annual growth. Out of those 3,030 applicants, 2,940 students were accepted for enrollment, representing a 97% acceptance rate.

There were 1,947 students enrolled at Thomas More University in 2023. 4% of first-time enrollees submitted SAT scores with their applications.

Thomas More University has an overall enrollment yield of 13.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

97%

Acceptance Rate in 2023

2,940

Accepted Out of 3,030

In 2023, the undergraduate acceptance rate of Thomas More University was 97% (2,940 admissions from 3,030 applications). This is higher than the acceptance rate of 2022, which was 94.2%. Between 2022 and 2023, the number of applicants grew by 3.8%, while admissions grew by 6.87%.

This chart compares the acceptance rate of Thomas More 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)

4% of enrolled first-time students at Thomas More 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

Thomas More University had a total enrollment of 1,947 students in 2023. The full-time enrollment at Thomas More University is 1,292 students and the part-time enrollment is 655. This means that 66.4% of students enrolled at Thomas More University are enrolled full-time.

The enrolled student population at Thomas More University, both undergraduate and graduate, is 76.6% White, 6.83% Black or African American, 4.62% Hispanic or Latino, 3.95% Two or More Races, 1.75% Asian, and 0.103% American Indian or Alaska Native.

Students enrolled at Thomas More University in full-time Undergraduate programs are most commonly White Female (39.4%), followed by White Male (35.3%) and Black or African American Male (6.83%). Students enrolled in full-time Graduate programs are most commonly White Female (38.5%), followed by White Male (29.9%) and Black or African American Male (3.42%).

Full-Time vs Part-Time Enrollment

66.4%

Full-Time Enrollment

The total enrollment at Thomas More University in 2023, both undergraduate and graduate, is 1,947 students. The full-time enrollment at Thomas More University is 1,292 and the part-time enrollment is 655. This means that 66.4% of students enrolled at Thomas More 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 Thomas More University (in red) compares to similar universities.

Retention Rate over Time

67%

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 Thomas More University was 67%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Thomas More University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,492 enrolled students
Black or African American
133 enrolled students
Hispanic or Latino
90 enrolled students

The enrolled student population at Thomas More University is 76.6% White, 6.83% Black or African American, 4.62% Hispanic or Latino, 3.95% Two or More Races, 1.75% Asian, and 0.103% 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, 32 students (1.64%) did not report their race.

Graduates

In 2023, 21 more women than men received degrees from Thomas More University. The most common race/ethnicity group of degree recipients at Thomas More University is white (334 degrees awarded). There were 11.9 times more white recipients than the next closest race/ethnicity group, black or african american (28 degrees).

The most common Bachelor's Degree concentration at Thomas More University is General Business Administration & Management (67 degrees awarded), followed by Registered Nursing (38 degrees) and Liberal Arts & Sciences (27 degrees).

In 2023, the most specialized majors across all degree types at Thomas More University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (29 degrees awarded), History (11 degrees), and Philosophy and Religious Studies (5 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 Thomas More University are Elementary & middle school teachers (1,674,774 people), Accountants & auditors (1,041,262 people), Other managers (834,050 people), Secondary school teachers (607,038 people), and Financial managers (542,646 people).

The most specialized majors at Thomas More University in 2023 are Parks, Recreation, & Leisure (29 degrees awarded), History (11 degrees), Philosophy and Religious Studies (5 degrees), Business (154 degrees), and Education (55 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 Thomas More University are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Physicians, and Dentists

The most specialized majors at Thomas More University are Parks, Recreation, & Leisure (29 degrees awarded), History (11 degrees), Philosophy and Religious Studies (5 degrees), Business (154 degrees), and Education (55 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 Thomas More University are Elementary & secondary schools (884,634 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (822,393 people), Colleges, universities & professional schools, including junior colleges (754,029 people), Computer Systems Design (603,821 people), and Banking & related activities (506,214 people).

Majors Awarded

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

Most Common (2023)

General Business Administration & Management
67 degrees awarded
Registered Nursing
38 degrees awarded
Liberal Arts & Sciences
27 degrees awarded

In 2023, the most common bachelors degree concentration at Thomas More University was General Business Administration & Management with 67 degrees awarded.

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

Sex Breakdown for Common Majors

200

Degrees Awarded to Men

in 2023

221

Degrees Awarded to Women

in 2023

In 2023, 200 degrees were awarded to men at Thomas More University, which is 0.905 times less than the number of degrees awarded to females (221).

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

Most Common Male Majors

In 2023, 68 degrees were awarded to men at Thomas More University in General Business Administration & Management, which is 1.33 times more than the 51 female recipients with that same degree.

Most Common Female Majors

In 2023, 51 degrees were awarded to men at Thomas More University in General Business Administration & Management, which is 0.75 times less than the 68 male recipients with that same degree.

Time to Complete

35%

100% Completion Time

51%

150% Completion Time

In 2023, 35% of students graduating from Thomas More University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 52% 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 Thomas More 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
334 degrees awarded
Black or African American
28 degrees awarded
Hispanic or Latino
13 degrees awarded

The most common race/ethnicity at Thomas More University is white (334 degrees awarded). There were 11.9 times more white recipients than the next closest race/ethnicity group, black or african american (28 degrees).

5.94% of degree recipients (25 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
180 degrees awarded
White Male
154 degrees awarded
Black or African American Male
17 degrees awarded

The most common race/ethnicity and sex grouping at Thomas More University is white female (180 degrees awarded). There were 1.17 times more white female recipients than the next closest race/ethnicity group, white male (154 degrees).

Operations

Thomas More University has an endowment valued at nearly $33.2M, as of the end of the 2023 fiscal year. The return on its endowment was of −362k (−1.09%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Thomas More University had a total salary expenditure of 35.8M. Thomas More University employs 32 Assistant professors, 25 Professors and 20 Associate professors. Most academics at Thomas More University are Male Assistant professor (18), Male Professor (15), and Female Assistant professor (14).

The most common positions for non-instructional staff at Thomas More University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 40 employees, Management, with 24 employees, and Business and Financial Operations with 14 employees.

Endowment

$33.2M

2023 Endowment

3.06%

decline from 2022

Thomas More University has an endowment valued at about $33.2M, as of the end of the 2023 fiscal year. The endowment of Thomas More University declined 3.06% from the previous year. The value of their endowment was $16.5M 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 Thomas More 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

$14.1M

2023 Salaries

2.3%

growth from 2022

In 2023, Thomas More University paid a median of $14.1M in salaries, which represents 39.2% of their overall expenditure ($35.8M) and a 2.3% growth from the previous year. This is compared to a 4.81% growth between 2021 and 2022, and a 1.15% growth between 2020 and 2021.

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

Instructional Salaries

$4.83M

Instructional Salaries

Number of Employees

In 2023, Thomas More University paid a total of $4.83M to 81 employees working as instructors, which represents 34.4% 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

32 Employees

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

Most Common Non-Instructional Employee

40 Employees

In 2023, the most common positions for instructional staff at Thomas More University were Assistant professor with 32 employees, Professor with 25 employees, and Associate professor with 20 employees.

In 2023, the most common positions for non-instructional staff at Thomas More University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 40 employees, Management with 24 employees, and Business and Financial Operations with 14 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Assistant professor
Male Professor
Female Assistant professor

In 2023, the most common demographic for instructional staff at Thomas More University was Male Assistant professor with 18 employees, Male Professor with 15 employees, and Female Assistant professor with 14 employees.

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

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