Franklin Pierce University

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2017 Undergraduate Tuition
$32,445
3% growth from 2016
2017 Average Net Price
$26,673
After Financial Aid
2016 Student Loan
4.99%
Default Rate
2017 Acceptance Rate
76.4%
5,642 Applicants
2017 Enrolled Students
2,303
83.5% Full-Time
2017 Graduation Rate
48.9%
178 Graduates

About

Franklin Pierce University is a higher education institution located in Cheshire County, NH. In 2016, the most popular Bachelor's Degree concentrations at Franklin Pierce University were General Health Services (68 degrees awarded), Registered Nursing (38 degrees), and General Business Administration & Management (35 degrees).

In 2017, 590 degrees were awarded across all undergraduate and graduate programs at Franklin Pierce University. 63.7% of these degrees were awarded to women, and 36.3% awarded men. The majority of degree recipients were white (467 degrees), 7.78 times more than then the next closest race/ethnicity group, unknown (60 degrees).

The median undergraduate tuition at Franklin Pierce University is $32,445, which is $11,712 more than the national average for Masters Colleges and Universities ($20,733).

Costs

The median undergraduate tuition at Franklin Pierce University is $32,445, which is $11,712 more than the national average for Masters Colleges and Universities ($20,733).

After taking grants and loans into account, the average net price for students is $26,673.

In 2017, 91% of undergraduate students received federal grants, while 80% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$32,445
2017 Undergraduate Tuition

In 2017, the cost of tuition at Franklin Pierce University was $32,445. The cost of tuition at Franklin Pierce University is $11,712 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

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

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Average Net Price

$26,673
2017 Value
8.45%
1 Year Growth

In 2017 Franklin Pierce University had an average net price — the price paid after factoring in grants and loans — of $26,673. Between 2016 and 2017, the average net price of Franklin Pierce University grew by 8.45%.

This chart compares the average net price of Franklin Pierce 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

$12,450
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Franklin Pierce University was of $12,450 in 2017. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 1.19% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

91%
Of Undergraduates Receive Grants
80%
Of Undergraduates Receive Federal Loans

91% of undergraduate students at Franklin Pierce University received grants or loans in 2017. This represents a growth of 3.41% with respect to 2016, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at Franklin Pierce 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.
4.99%
2016 Default Rate
36
Number of Defaults

In 2016 the default rate for borrower's at Franklin Pierce University was 4.99%, which represents 36 out of the 722 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

Franklin Pierce University received 5,642 undergraduate applications in 2017, which represents a 13.3% annual decline. Out of those 5,642 applicants, 4,312 students were accepted for enrollment, representing a 76.4% acceptance rate.

There were 2,303 students enrolled at Franklin Pierce University in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Franklin Pierce University has an overall enrollment yield of 10.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

76.4%
Acceptance Rate in 2017
4,312
Accepted Out of 5,642

In 2017, the undergraduate acceptance rate of Franklin Pierce University was 76.4% (4,312 admissions from 5,642 applications). This is lower than the acceptance rate of 2016, which was 81.4%. Between 2016 and 2017, the number of applicants declined by -13.3%, while admissions declined by -18.6%.

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

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SAT Scores

N/A%
Submission Percentage
0
Scores Submitted

N/A% of enrolled first-time students at Franklin Pierce University in 2017 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

Franklin Pierce University has a total enrollment of 2,303 students. The full-time enrollment at Franklin Pierce University is 1,923 students and the part-time enrollment is 380. This means that 83.5% of students enrolled at Franklin Pierce University are enrolled full-time.

The enrolled student population at Franklin Pierce University, both undergraduate and graduate, is 74.5% White, 5.21% Black or African American, 4.34% Hispanic or Latino, 3.6% Two or More Races, 1.69% Asian, 0.347% American Indian or Alaska Native, and 0.13% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Franklin Pierce University in full-time Undergraduate programs are majority White Female (40.2%), followed by White Male (33.7%) and Black or African American Male (3.84%). Students enrolled in full-time Graduate programs are majority White Female (46.9%), followed by White Male (28.6%) and Hispanic or Latino Female (4.17%).

Full-Time vs Part-Time Enrollment

83.5%
Full-Time Enrollment

The total enrollment at Franklin Pierce University, both undergraduate and graduate, is 2,303 students. The full-time enrollment at Franklin Pierce University is 1,923 and the part-time enrollment is 380. This means that 83.5% of students enrolled at Franklin Pierce University are enrolled full-time compared with 68.6% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

70%
2017 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 Franklin Pierce University was 70%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Franklin Pierce University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,715
  2. Black or African American
    120
  3. Hispanic or Latino
    100

The enrolled student population at Franklin Pierce University is 74.5% White, 5.21% Black or African American, 4.34% Hispanic or Latino, 3.6% Two or More Races, 1.69% Asian, 0.347% American Indian or Alaska Native, and 0.13% 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 54.4% White, 15% Hispanic or Latino, and 13.2% 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, 171 students (7.43%) did not report their race.

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Graduates

In 2017, 162 more women than men received degrees from Franklin Pierce University. The majority of degree recipients at Franklin Pierce University are white (467 degrees awarded). There were 7.78 times more white graduates than the next closest race/ethnicity group, unknown (60 degrees).

The most common Bachelor's Degree concentration at Franklin Pierce University is General Health Services (68 degrees awarded), followed by Registered Nursing (38 degrees) and General Business Administration & Management (35 degrees).

The most specialized majors across all degree types at Franklin Pierce University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Cultural & Gender Studies (10 degrees awarded), Parks, Recreation, & Leisure (31 degrees), and Natural Resources & Conservation (8 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Franklin Pierce University are Registered nurses (1,309,641 people), Medical & health services managers (142,507 people), Pharmacists (131,917 people), Nurse practitioners & nurse midwives (121,648 people), and Elementary & middle school teachers (117,291 people).

The most specialized majors at Franklin Pierce University are Cultural & Gender Studies (10 degrees awarded), Parks, Recreation, & Leisure (31 degrees), Natural Resources & Conservation (8 degrees), Health (253 degrees), and Communication Technologies (4 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 Franklin Pierce University are Public relations specialists, Surgeons, Sales managers, Podiatrists, and Physicians

The most specialized majors at Franklin Pierce University are Cultural & Gender Studies (10 degrees awarded), Parks, Recreation, & Leisure (31 degrees), Natural Resources & Conservation (8 degrees), Health (253 degrees), and Communication Technologies (4 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Franklin Pierce University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,469,306 people), Elementary & secondary schools (310,258 people), Outpatient care centers (225,838 people), Offices of physicians (198,649 people), and Colleges, universities & professional schools, including junior colleges (195,578 people).

The most specialized majors at Franklin Pierce University are Cultural & Gender Studies (10 degrees awarded), Parks, Recreation, & Leisure (31 degrees), Natural Resources & Conservation (8 degrees), Health (253 degrees), and Communication Technologies (4 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 Franklin Pierce University.
Most Common
  1. 68 degree-majorss awarded
  2. 38 degree-majorss awarded
  3. 35 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Franklin Pierce University was General Health Services with 68 degree-majorss awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men
  1. 214
  2. 376

In 2017, 214 degrees were awarded to men at Franklin Pierce University, which is 0.569 times less than the number of degrees awarded to females (376).

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

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Most Common Male Majors

In 2017, 32 degrees were awarded to men at Franklin Pierce University in Physical Therapy, which is 0.64 times less than the 50 female recipients with that same degree.

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Most Common Female Majors

In 2017, 50 degrees were awarded to women at Franklin Pierce University in Physical Therapy, which is 1.56 times more than the 32 male recipients with that same degree.

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Time to Complete

36%
100% Completion Time
43%
150% Completion Time

In 2017, 36% of students graduating from Franklin Pierce University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 43% completed their degrees within 150% of the normal time, and 43% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Franklin Pierce University is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (68.1%).

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, 10.7% of graduates (19 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    467 degrees awarded
  2. Unknown
    60 degrees awarded
  3. Hispanic or Latino
    24 degrees awarded

The most common race/ethnicity at Franklin Pierce University is white (467 degrees awarded). There were 7.78 times more white recipients than the next closest race/ethnicity group, unknown (60 degrees).

10.2% of degree recipients (60 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    305 degrees awarded
  2. White Male
    162 degrees awarded
  3. Hispanic or Latino Female
    14 degrees awarded

The most common race/ethnicity and gender grouping at Franklin Pierce University is white female (305 degrees awarded). There were 1.88 times more white female recipients than the next closest race/ethnicity group, white male (162 degrees).

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Operations

Franklin Pierce University has an endowment valued at nearly $10.1M, as of the end of the 2017 fiscal year. The return on its endowment was of $865k (8.55%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, Franklin Pierce University had a total salary expenditure of $53.7M. Franklin Pierce University employs 33 Assistant professors, 31 Associate professors, and 22 Professors. Most academics at Franklin Pierce University are Female Assistant professors (25), Male Associate professors(20), and Male Professors (15).

The most common positions for non-instructional staff at Franklin Pierce University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 42 employees, Office and Administrative Support, with 35 employees, and Management with 34 employees.

Finances

Endowment

$10.1M
2017 Endowment
40.3%
growth from 2016

Franklin Pierce University has an endowment valued at about $10.1M, as of the end of the 2017 fiscal year. The endowment of Franklin Pierce University grew 40.3% from the previous year. The value of their endowment was $23M 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 Franklin Pierce 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.

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Government Grants and Contracts

Grants & Contracts
  1. $346k - Federal
  2. $216k - State
  3. $0 - Local

As of 2017, Franklin Pierce University received $346k in grants and contracts from the federal government, $216k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$19.3M
2017 Salaries
4.15%
growth from 2016

In 2017, Franklin Pierce University paid a median of $19.3M in salaries, which represents 36% of their overall expenditure ($53.7M) and a 4.15% growth from the previous year. This is compared to a 5.72% decline from 2015 and a 2.59% decline from 2014.

The median for similar Masters Colleges and Universities is 31.4M (40.5% of overall expenditures).

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Instructional Salaries

$6.32M
Instructional Salaries
91
Number of Employees

In 2017, Franklin Pierce University paid a total of $6.32M to 91 employees working as instructors, which represents 32.7% of all salaries paid.

This is compared to a median of $8.02M (34.2%) for similar Masters Colleges & Universities: Medium Programs.

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Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
33 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
42 Employees

In 2017, the most common positions for instructional staff at Franklin Pierce University were Assistant professor with 33 employees; Associate professor with 31 employees; and Associate professor with 22 employees.

In 2017, the most common positions for non-instructional staff at Franklin Pierce University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 42 employees; Office and Administrative Support with 35 employees; and Management with 34 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Female Assistant professor
  2. Male Associate professor
  3. Male Professor

In 2017, the most common demographic for instructional staff at Franklin Pierce University was Female Assistant professor with 25 employees, Male Associate professor with 20 employees, and Male Professor with 15 employees.

This chart shows the gender split between each academic rank present at Franklin Pierce University.

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