William Penn University

www.wmpenn.edu

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2023 Undergraduate Tuition

$28,750

3.42% growth from 2022

2023 Average Net Price

$22,361

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

57%

1,112 Applicants

2023 Enrolled Students

1,536

90.7% Full-Time

2023 Graduation Rate

29.2%

81 Graduates

About

William Penn University is a higher education institution located in Mahaska County, IA. In 2023, the most popular Bachelors Degree concentrations at William Penn University were Elementary Education & Teaching (62 degrees awarded), General Business Administration & Management (46 degrees), and General Psychology (21 degrees).

In 2023, 321 degrees were awarded across all undergraduate and graduate programs at William Penn University. 55.1% of these degrees were awarded to women, and 44.9% awarded men. The most common race/ethnicity group of degree recipients was white (194 degrees), 4.62 times more than then the next closest race/ethnicity group, hispanic or latino (42 degrees).

The median undergraduate tuition at William Penn University is $28,750, which is $4,175 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at William Penn University was 0%, corresponding to 0 out of the 522 total borrowers.

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at William Penn University is $28,750, which is $4,175 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 $22,361.

In 2023, 95% of undergraduate students attending William Penn University received financial aid through grants. Comparatively, 88% of undergraduate students received financial aid through loans.

Tuition Costs

$28,750

2023 Undergraduate Tuition

In 2023, the cost of tuition at William Penn University was $28,750. The cost of tuition at William Penn University is $4,175 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$22,361

2023 Value

6.88%

1 Year Growth

In 2023 William Penn University had an average net price — the price paid after factoring in grants and loans — of $22,361. Between 2022 and 2023, the average net price of William Penn University grew by 6.88%.

This chart compares the average net price of William Penn 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

$7,206

Room and Board

$1,390

Books and Supplies

The average yearly cost of room and board at William Penn University was of $7,206 in 2023. The cost of room and board increased by 4.53% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,390. The cost of books and supplies increased by 5.46% during the same period.

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

Financial Aid by Income Level

95%

Undergraduates Receiving Financial Aid through Grants

88%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at William Penn University received financial aid through grants or loans in 2023. This represents a decline of 1.04% with respect to 2022, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at William Penn 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 William Penn University was 0%, which represents 0 out of the 522 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

William Penn University received 1,112 undergraduate applications in 2023, which represents a 12% annual growth. Out of those 1,112 applicants, 634 students were accepted for enrollment, representing a 57% acceptance rate.

There were 1,536 students enrolled at William Penn University in 2023. 16% of first-time enrollees submitted SAT scores with their applications.

William Penn University has an overall enrollment yield of 46.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

57%

Acceptance Rate in 2023

634

Accepted Out of 1,112

In 2023, the undergraduate acceptance rate of William Penn University was 57% (634 admissions from 1,112 applications). This is lower than the acceptance rate of 2022, which was 57.7%. Between 2022 and 2023, the number of applicants declined by 12%, while admissions declined by 13%.

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

SAT Scores

16%

Submission Percentage (2023)

Scores Submitted (2023)

16% of enrolled first-time students at William Penn 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

William Penn University had a total enrollment of 1,536 students in 2023. The full-time enrollment at William Penn University is 1,393 students and the part-time enrollment is 143. This means that 90.7% of students enrolled at William Penn University are enrolled full-time.

The enrolled student population at William Penn University, both undergraduate and graduate, is 56.5% White, 16.3% Black or African American, 10% Hispanic or Latino, 5.53% Two or More Races, 0.977% American Indian or Alaska Native, 0.911% Native Hawaiian or Other Pacific Islanders, and 0.456% Asian.

Students enrolled at William Penn University in full-time Undergraduate programs are most commonly White Female (33.5%), followed by White Male (22.4%) and Black or African American Male (13%). Students enrolled in full-time Graduate programs are most commonly White Male (30.3%), followed by White Female (17.2%) and Hispanic or Latino Female (6.06%).

Full-Time vs Part-Time Enrollment

90.7%

Full-Time Enrollment

The total enrollment at William Penn University in 2023, both undergraduate and graduate, is 1,536 students. The full-time enrollment at William Penn University is 1,393 and the part-time enrollment is 143. This means that 90.7% of students enrolled at William Penn 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 William Penn University (in red) compares to similar universities.

Retention Rate over Time

56%

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 William Penn University was 56%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), William Penn University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
868 enrolled students
Black or African American
251 enrolled students
Hispanic or Latino
154 enrolled students

The enrolled student population at William Penn University is 56.5% White, 16.3% Black or African American, 10% Hispanic or Latino, 5.53% Two or More Races, 0.977% American Indian or Alaska Native, 0.911% Native Hawaiian or Other Pacific Islanders, and 0.456% Asian. 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, 41 students (2.67%) did not report their race.

Graduates

In 2023, 33 more women than men received degrees from William Penn University. The most common race/ethnicity group of degree recipients at William Penn University is white (194 degrees awarded). There were 4.62 times more white recipients than the next closest race/ethnicity group, hispanic or latino (42 degrees).

The most common Bachelor's Degree concentration at William Penn University is Elementary Education & Teaching (62 degrees awarded), followed by General Business Administration & Management (46 degrees) and General Psychology (21 degrees).

In 2023, the most specialized majors across all degree types at William Penn University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (58 degrees awarded), Education (79 degrees), and Public Administration and Social Service (19 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 William Penn University are Elementary & middle school teachers (1,676,765 people), Secondary school teachers (558,773 people), Other managers (424,160 people), Lawyers, & judges, magistrates, & other judicial workers (395,239 people), and Education administrators (362,292 people).

The most specialized majors at William Penn University in 2023 are Parks, Recreation, & Leisure (58 degrees awarded), Education (79 degrees), Public Administration and Social Service (19 degrees), Social Sciences (24 degrees), and Psychology (21 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 William Penn University are Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at William Penn University are Parks, Recreation, & Leisure (58 degrees awarded), Education (79 degrees), Public Administration and Social Service (19 degrees), Social Sciences (24 degrees), and Psychology (21 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 William Penn University are Elementary & secondary schools (2,873,406 people), Colleges, universities & professional schools, including junior colleges (324,440 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (224,728 people), Individual & family services (150,212 people), and Computer Systems Design (127,309 people).

Majors Awarded

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

Most Common (2023)

Elementary Education & Teaching
62 degrees awarded
General Business Administration & Management
46 degrees awarded
General Psychology
21 degrees awarded

In 2023, the most common bachelors degree concentration at William Penn University was Elementary Education & Teaching with 62 degrees awarded.

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

Sex Breakdown for Common Majors

144

Degrees Awarded to Men

in 2023

177

Degrees Awarded to Women

in 2023

In 2023, 144 degrees were awarded to men at William Penn University, which is 0.814 times less than the number of degrees awarded to females (177).

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

Most Common Male Majors

In 2023, 30 degrees were awarded to men at William Penn University in General Business Administration & Management, which is 1.88 times more than the 16 female recipients with that same degree.

Most Common Female Majors

In 2023, 58 degrees were awarded to men at William Penn University in Elementary Education & Teaching, which is 14.5 times more than the 4 male recipients with that same degree.

Time to Complete

22%

100% Completion Time

32%

150% Completion Time

In 2023, 22% of students graduating from William Penn University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 32% completed their degrees within 150% of the normal time, and 32% 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.

White Female

Highest Graduation Rate (50%)

The student demographic with the highest graduation rate in 2023 at William Penn University is Female and White (50% 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, 3.7% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
194 degrees awarded
Hispanic or Latino
42 degrees awarded
Black or African American
33 degrees awarded

The most common race/ethnicity at William Penn University is white (194 degrees awarded). There were 4.62 times more white recipients than the next closest race/ethnicity group, hispanic or latino (42 degrees).

7.48% of degree recipients (24 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
114 degrees awarded
White Male
80 degrees awarded
Hispanic or Latino Male
21 degrees awarded

The most common race/ethnicity and sex grouping at William Penn University is white female (114 degrees awarded). There were 1.43 times more white female recipients than the next closest race/ethnicity group, white male (80 degrees).

Operations

William Penn University has an endowment valued at nearly $8.28M, as of the end of the 2023 fiscal year. The return on its endowment was of 297k (3.58%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, William Penn University had a total salary expenditure of 27.1M. William Penn University employs 20 Instructors, 15 Assistant professors and 6 Associate professors. Most academics at William Penn University are Female Instructor (10), Male Instructor (10), and Male Assistant professor (9).

The most common positions for non-instructional staff at William Penn University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 47 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 24 employees, and Management with 10 employees.

Endowment

$8.28M

2023 Endowment

11.8%

growth from 2022

William Penn University has an endowment valued at about $8.28M, as of the end of the 2023 fiscal year. The endowment of William Penn University grew 11.8% from the previous year. The value of their endowment was $41.4M 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 William Penn 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

$9.32M

2023 Salaries

5.07%

growth from 2022

In 2023, William Penn University paid a median of $9.32M in salaries, which represents 34.4% of their overall expenditure ($27.1M) and a 5.07% growth from the previous year. This is compared to a 4.96% growth between 2021 and 2022, and a 3.29% growth between 2020 and 2021.

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

Instructional Salaries

$2.64M

Instructional Salaries

Number of Employees

In 2023, William Penn University paid a total of $2.64M to 46 employees working as instructors, which represents 28.4% of all salaries paid.

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

Occupations by Share

Instructor

Most Common Instructor

20 Employees

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

Most Common Non-Instructional Employee

47 Employees

In 2023, the most common positions for instructional staff at William Penn University were Instructor with 20 employees, Assistant professor with 15 employees, and Associate professor with 6 employees.

In 2023, the most common positions for non-instructional staff at William Penn University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 47 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 24 employees, and Management with 10 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Instructor
Male Instructor
Male Assistant professor

In 2023, the most common demographic for instructional staff at William Penn University was Female Instructor with 10 employees, Male Instructor with 10 employees, and Male Assistant professor with 9 employees.

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

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