Florida Memorial University

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2016 Undergraduate Tuition

$12,576

1.55% growth from 2015

2016 Average Net Price

$16,655

After Financial Aid

2015 Student Loan

19.1%

Default Rate

2016 Acceptance Rate

25%

5,560 Applicants

2016 Enrolled Students

1,339

93.1% Full-Time

2016 Graduation Rate

38.1%

177 Graduates

About

Florida Memorial University is a higher education institution located in Miami-Dade County, FL. In 2016, the most popular Bachelor's Degree concentrations at Florida Memorial University were Criminal Justice - Law Enforcement Administration (33 degrees awarded), General Psychology (29 degrees), and Public Relations, Advertising, & Applied Communication (18 degrees).

In 2016, 249 degrees were awarded across all undergraduate and graduate programs at Florida Memorial University. 67.5% of these degrees were awarded to women, and 32.5% awarded men. The majority of degree recipients were black or african american (192 degrees), 10.1 times more than then the next closest race/ethnicity group, unknown (19 degrees).

The median undergraduate tuition at Florida Memorial University is $12,576, which is $-11,839 less than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Florida Memorial University is $12,576, which is $-11,839 less than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $16,655.

In 2016, 95% of undergraduate students received federal grants, while 75% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$12,576

2016 Undergraduate Tuition

In 2016, the cost of tuition at Florida Memorial University was $12,576. The cost of tuition at Florida Memorial University is $-11,839 less than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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

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Average Net Price

$16,655

2016 Value

11.3%

1 Year Growth

In 2016 Florida Memorial University had an average net price — the price paid after factoring in grants and loans — of $16,655. Between 2015 and 2016, the average net price of Florida Memorial University grew by 11.3%.

This chart compares the average net price of Florida Memorial 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

$8,211

Room and Board

$2,000

Books and Supplies

The average yearly cost of room and board at Florida Memorial University was of $8,211 in 2016. During the same period, the average yearly cost of books and supplies was $2,000. The cost of room and board increased by 1.92% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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

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Financial Aid

Financial Aid by Income Level

95%

Of Undergraduates Receive Grants

75%

Of Undergraduates Receive Federal Loans

95% of undergraduate students at Florida Memorial University received grants or loans in 2016. This represents a growth of 0% with respect to 2015, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Florida Memorial 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.

19.1%

2015 Default Rate

126

Number of Defaults

In 2015 the default rate for borrower's at Florida Memorial University was 19.1%, which represents 126 out of the 658 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

Florida Memorial University received 5,560 undergraduate applications in 2016, which represents a 9% annual growth. Out of those 5,560 applicants, 1,388 students were accepted for enrollment, representing a 25% acceptance rate.

There were 1,339 students enrolled at Florida Memorial University in 2016, and N/A% of first-time enrollees submitted SAT scores with their applications.

Florida Memorial University has an overall enrollment yield of 28.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

25%

Acceptance Rate in 2016

1,388

Accepted Out of 5,560

In 2016, the undergraduate acceptance rate of Florida Memorial University was 25% (1,388 admissions from 5,560 applications). This is higher than the acceptance rate of 2015, which was 24.3%. Between 2015 and 2016, the number of applicants grew by 9%, while admissions grew by 11.8%.

This chart compares the acceptance rate of Florida Memorial University (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Florida Memorial University in 2016 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Florida Memorial University has a total enrollment of 1,339 students. The full-time enrollment at Florida Memorial University is 1,247 students and the part-time enrollment is 92. This means that 93.1% of students enrolled at Florida Memorial University are enrolled full-time.

The enrolled student population at Florida Memorial University, both undergraduate and graduate, is 72% Black or African American, 6.57% Hispanic or Latino, 1.12% Two or More Races, 1.05% White, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Florida Memorial University in full-time Undergraduate programs are majority Black or African American Female (48.1%), followed by Black or African American Male (23.6%) and Hispanic or Latino Male (3.98%). Students enrolled in full-time Graduate programs are majority Black or African American Female (81.3%), followed by Black or African American Male (6.25%) and Two or More Races Female (6.25%).

Full-Time vs Part-Time Enrollment

93.1%

Full-Time Enrollment

The total enrollment at Florida Memorial University, both undergraduate and graduate, is 1,339 students. The full-time enrollment at Florida Memorial University is 1,247 and the part-time enrollment is 92. This means that 93.1% of students enrolled at Florida Memorial University are enrolled full-time compared with 81% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Florida Memorial University (in red) compares to similar universities.

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Retention Rate over Time

60%

2016 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 Florida Memorial University was 60%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Florida Memorial University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. Black or African American

    964

  2. Hispanic or Latino

    88

  3. Two or More Races

    15

The enrolled student population at Florida Memorial University is 72% Black or African American, 6.57% Hispanic or Latino, 1.12% Two or More Races, 1.05% White, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% 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 Baccalaureate Colleges is 55.6% White, 14% Black or African American, and 12.4% Hispanic or Latino.

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, 105 students (7.84%) did not report their race.

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Graduates

In 2016, 87 more women than men received degrees from Florida Memorial University. The majority of degree recipients at Florida Memorial University are black or african american (192 degrees awarded). There were 10.1 times more black or african american graduates than the next closest race/ethnicity group, unknown (19 degrees).

The most common Bachelor's Degree concentration at Florida Memorial University is Criminal Justice - Law Enforcement Administration (33 degrees awarded), followed by General Psychology (29 degrees) and Public Relations, Advertising, & Applied Communication (18 degrees).

The most specialized majors across all degree types at Florida Memorial University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Protective Services (33 degrees awarded), Transportation (7 degrees), and Public Administration and Social Service (17 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Florida Memorial University are Elementary & middle school teachers (1,952,903 people), Social workers (360,717 people), Secondary school teachers (308,666 people), Education administrators (287,218 people), and Counselors (286,523 people).

The most specialized majors at Florida Memorial University are Protective Services (33 degrees awarded), Transportation (7 degrees), Public Administration and Social Service (17 degrees), Psychology (29 degrees), and Education (51 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Florida Memorial University are Public relations specialists, Aircraft pilots & flight engineers, Physicians & surgeons, Marketing & sales managers, and Financial analysts

The most specialized majors at Florida Memorial University are Protective Services (33 degrees awarded), Transportation (7 degrees), Public Administration and Social Service (17 degrees), Psychology (29 degrees), and Education (51 degrees).

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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 Florida Memorial University are Elementary & secondary schools (3,012,241 people), Justice, public order, & safety activities (424,783 people), Colleges, universities & professional schools, including junior colleges (355,775 people), Hospitals (333,803 people), and Individual & family services (279,427 people).

The most specialized majors at Florida Memorial University are Protective Services (33 degrees awarded), Transportation (7 degrees), Public Administration and Social Service (17 degrees), Psychology (29 degrees), and Education (51 degrees).

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Degrees

Majors Awarded

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

In 2016, the most common bachelors degree concentration at Florida Memorial University was Criminal Justice - Law Enforcement Administration with 33 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Florida Memorial University according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 81

  2. 168

In 2016, 81 degrees were awarded to men at Florida Memorial University, which is 0.482 times less than the number of degrees awarded to females (168).

This chart displays the gender disparity between the top 5 majors at Florida Memorial University by degrees awarded.

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Most Common Male Majors

In 2016, 9 degrees were awarded to men at Florida Memorial University in General Psychology, which is 0.45 times less than the 20 female recipients with that same degree.

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Most Common Female Majors

In 2016, 24 degrees were awarded to women at Florida Memorial University in Criminal Justice - Law Enforcement Administration, which is 2.67 times more than the 9 male recipients with that same degree.

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Time to Complete

17%

100% Completion Time

38%

150% Completion Time

In 2016, 17% of students graduating from Florida Memorial University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 38% completed their degrees within 150% of the normal time, and 38% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Florida Memorial University is Male and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

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, 1.13% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. Black or African American

    192 degrees awarded

  2. Unknown

    19 degrees awarded

  3. Hispanic or Latino

    10 degrees awarded

The most common race/ethnicity at Florida Memorial University is black or african american (192 degrees awarded). There were 10.1 times more black or african american recipients than the next closest race/ethnicity group, unknown (19 degrees).

7.63% of degree recipients (19 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. Black or African American Female

    132 degrees awarded

  2. Black or African American Male

    60 degrees awarded

  3. Hispanic or Latino Female

    9 degrees awarded

The most common race/ethnicity and gender grouping at Florida Memorial University is black or african american female (132 degrees awarded). There were 2.2 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (60 degrees).

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Operations

Florida Memorial University has an endowment valued at nearly $8.41M, as of the end of the 2015 fiscal year. The return on its endowment was of $170k (2.02%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Florida Memorial University had a total expenditure of $36.1M. Of that $36.1M, they spent $11.7M on salaries and $36.1M on benefits.

Florida Memorial University employs 33 Associate professors, 22 Assistant professors, and 9 Instructors. Most academics at Florida Memorial University are Male Associate professors (21), Male Assistant professors(14), and Female Associate professors (12).

The most common positions for non-instructional staff at Florida Memorial University are: Office and Administrative Support, with 45 employees, Management, with 31 employees, and Service with 12 employees.

Finances

Endowment

$8.41M

2015 Endowment

0.608%

growth from 2014

Florida Memorial University has an endowment valued at about $8.41M, as of the end of the 2015 fiscal year. The endowment of Florida Memorial University grew 0.608% from the previous year. The value of their endowment was $25.2M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Florida Memorial University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $3.76M - Federal

  2. $238k - State

  3. $0 - Local

As of 2015, Florida Memorial University received $3.76M in grants and contracts from the federal government, $238k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$11.7M

Salary Expenditure

$36.1M

Benefits Expenditure

In 2015, Florida Memorial University had a total expenditure of $36.1M. Of that $36.1M, they spent $11.7M on salaries and $36.1M on benefits.

The bar chart shows the share of the primary expenses at Florida Memorial University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Florida Memorial University as a share of total expenditure.

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Salary Expenditure

$11.7M

2015 Salaries

9.83%

decline from 2014

In 2015, Florida Memorial University paid a median of $11.7M in salaries, which represents 32.4% of their overall expenditure ($36.1M) and a 9.83% decline from the previous year. This is compared to a 18.4% decline from 2013 and a 4.39% decline from 2012.

The median for similar Baccalaureate Colleges is 13.3M (38.4% of overall expenditures).

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Instructional Salaries

$4.83M

Instructional Salaries

73

Number of Employees

In 2015, Florida Memorial University paid a total of $4.83M to 73 employees working as instructors, which represents 41.3% of all salaries paid.

This is compared to a median of $4.52M (34%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

33 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

45 Employees

In 2016, the most common positions for instructional staff at Florida Memorial University were Associate professor with 33 employees; Assistant professor with 22 employees; and Assistant professor with 9 employees.

In 2016, the most common positions for non-instructional staff at Florida Memorial University were Office and Administrative Support with 45 employees; Management with 31 employees; and Service with 12 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Associate professor

  2. Male Assistant professor

  3. Female Associate professor

In 2016, the most common demographic for instructional staff at Florida Memorial University was Male Associate professor with 21 employees, Male Assistant professor with 14 employees, and Female Associate professor with 12 employees.

This chart shows the gender split between each academic rank present at Florida Memorial University.

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