Pace University

www.pace.edu/

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2021 Undergraduate Tuition

$46,978

2.5% growth from 2020

2021 Average Net Price

$30,632

After Financial Aid

2019 Student Loan

Default Rate

2021 Acceptance Rate

87.6%

24,795 Applicants

2021 Enrolled Students

13,479

74% Full-Time

2021 Graduation Rate

59%

1,211 Graduates

About

Pace University is a higher education institution located in New York County, NY. In 2021, the most popular Bachelors Degree concentrations at Pace University were Registered Nursing (228 degrees awarded), General Finance (140 degrees), and Mass Communication & Media Studies (131 degrees).

In 2021, 4,063 degrees were awarded across all undergraduate and graduate programs at Pace University. 63.8% of these degrees were awarded to women, and 36.2% awarded men. The most common race/ethnicity group of degree recipients was white (1,947 degrees), 4.26 times more than then the next closest race/ethnicity group, hispanic or latino (457 degrees).

The median undergraduate tuition at Pace University is $46,978, which is $17,986 more than the national average for Doctoral Universities ($28,992).

Photo by Benjamin KRAFT

Doctoral Universities: Moderate Research Activity Doctoral Universities

Costs

In 2021, the median undergraduate tuition at Pace University is $46,978, which is $17,986 more than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $30,632.

In 2021, 90% of undergraduate students attending Pace University received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Tuition Costs

$46,978

2021 Undergraduate Tuition

In 2021, the cost of tuition at Pace University was $46,978. The cost of tuition at Pace University is $17,986 more than than the overall (public and private) national average for Doctoral Universities ($28,992).

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

Average Net Price

$30,632

2021 Value

6.85%

1 Year Growth

In 2021 Pace University had an average net price — the price paid after factoring in grants and loans — of $30,632. Between 2020 and 2021, the average net price of Pace University grew by 6.85%.

This chart compares the average net price of Pace 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

$20,266

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Pace University was of $20,266 in 2021. The cost of room and board increased by 1.93% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Pace University received financial aid through grants or loans in 2021. This represents a growth of 1.12% with respect to 2020, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Pace 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.

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Pace University was 2%, which represents 53 out of the 2653 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

Pace University received 24,795 undergraduate applications in 2021, which represents a 0.43% annual growth. Out of those 24,795 applicants, 21,726 students were accepted for enrollment, representing a 87.6% acceptance rate.

There were 13,479 students enrolled at Pace University in 2021. 20% of first-time enrollees submitted SAT scores with their applications.

Pace University has an overall enrollment yield of 10.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

87.6%

Acceptance Rate in 2021

21,726

Accepted Out of 24,795

In 2021, the undergraduate acceptance rate of Pace University was 87.6% (21,726 admissions from 24,795 applications). This is higher than the acceptance rate of 2020, which was 82.9%. Between 2020 and 2021, the number of applicants grew by 0.43%, while admissions grew by 5.28%..

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

SAT Scores

20%

Submission Percentage (2021)

444

Scores Submitted (2021)

20% of enrolled first-time students at Pace University in 2021 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.

Enrollment

Pace University had a total enrollment of 13,479 students in 2021. The full-time enrollment at Pace University is 9,981 students and the part-time enrollment is 3,498. This means that 74% of students enrolled at Pace University are enrolled full-time.

The enrolled student population at Pace University, both undergraduate and graduate, is 45.2% White, 16.3% Hispanic or Latino, 10.7% Black or African American, 7.35% Asian, 4.04% Two or More Races, 0.208% American Indian or Alaska Native, and 0.119% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Pace University in full-time Undergraduate programs are most commonly White Female (31.9%), followed by White Male (15.5%) and Hispanic or Latino Female (13.7%). Students enrolled in full-time Graduate programs are most commonly White Female (29.5%), followed by White Male (13.3%) and Hispanic or Latino Female (8.65%).

Full-Time vs Part-Time Enrollment

74%

Full-Time Enrollment

The total enrollment at Pace University in 2021, both undergraduate and graduate, is 13,479 students. The full-time enrollment at Pace University is 9,981 and the part-time enrollment is 3,498. This means that 74% of students enrolled at Pace University are enrolled full-time compared with 76.6% at similar Doctoral Universities.

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

Retention Rate over Time

75%

2021 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 Pace University was 75%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Pace University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
6,094 enrolled students
Hispanic or Latino
2,195 enrolled students
Black or African American
1,438 enrolled students

The enrolled student population at Pace University is 45.2% White, 16.3% Hispanic or Latino, 10.7% Black or African American, 7.35% Asian, 4.04% Two or More Races, 0.208% American Indian or Alaska Native, and 0.119% 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 Doctoral Universities is 48.9% White, 15.1% Hispanic or Latino, and 9.56% 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, 498 students (3.69%) did not report their race.

Graduates

In 2021, 1,125 more women than men received degrees from Pace University. The most common race/ethnicity group of degree recipients at Pace University is white (1,947 degrees awarded). There were 4.26 times more white recipients than the next closest race/ethnicity group, hispanic or latino (457 degrees).

The most common Bachelor's Degree concentration at Pace University is Registered Nursing (228 degrees awarded), followed by General Finance (140 degrees) and Mass Communication & Media Studies (131 degrees).

In 2021, the most specialized majors across all degree types at Pace University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are History (137 degrees awarded), Legal (238 degrees), and Communications (341 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Pace University are Software developers (526,481 people), Other managers (313,000 people), Elementary & middle school teachers (220,442 people), Lawyers, & judges, magistrates, & other judicial workers (169,948 people), and Computer occupations, all other (137,551 people).

The most specialized majors at Pace University in 2021 are History (137 degrees awarded), Legal (238 degrees), Communications (341 degrees), Visual & Performing Arts (361 degrees), and Computer and Information Sciences and Support Services (456 degrees) (as of 2021).

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 Pace University are Surgeons, Nuclear medicine technologists and medical dosimetrists, Diagnostic medical sonographers, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at Pace University are History (137 degrees awarded), Legal (238 degrees), Communications (341 degrees), Visual & Performing Arts (361 degrees), and Computer and Information Sciences and Support Services (456 degrees) (as of 2021).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Pace University are Computer Systems Design (690,981 people), Elementary & secondary schools (509,189 people), Colleges, universities & professional schools, including junior colleges (377,851 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (179,165 people), and Management, scientific & technical consulting services (170,297 people).

Majors Awarded

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

Most Common (2021)

Registered Nursing
228 degree-majors awarded
General Finance
140 degree-majors awarded
Mass Communication & Media Studies
131 degree-majors awarded

In 2021, the most common bachelors degree concentration at Pace University was Registered Nursing with 228 degrees awarded.

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

Sex Breakdown for Common Majors

1,469

Degrees Awarded to Men

in 2021

2,594

Degrees Awarded to Women

in 2021

In 2021, 1,469 degrees were awarded to men at Pace University, which is 0.566 times less than the number of degrees awarded to females (2,594).

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

Most Common Male Majors

In 2021, 122 degrees were awarded to men at Pace University in Computer Science, which is 2.18 times more than the 56 female recipients with that same degree.

Most Common Female Majors

In 2021, 207 degrees were awarded to men at Pace University in Registered Nursing, which is 8.63 times more than the 24 male recipients with that same degree.

Time to Complete

44%

100% Completion Time

57%

150% Completion Time

In 2021, 44% of students graduating from Pace University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 58% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral 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.

American Indian or Alaska Native Male

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate in 2021 at Pace University is Male and American Indian or Alaska Native (66.7% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.9%).

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, 2.15% of graduates (26 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
1,947 degrees awarded
Hispanic or Latino
457 degrees awarded
Black or African American
418 degrees awarded

The most common race/ethnicity at Pace University is white (1,947 degrees awarded). There were 4.26 times more white recipients than the next closest race/ethnicity group, hispanic or latino (457 degrees).

4.68% of degree recipients (190 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
1,239 degrees awarded
White Male
708 degrees awarded
Hispanic or Latino Female
311 degrees awarded

The most common race/ethnicity and sex grouping at Pace University is white female (1,239 degrees awarded). There were 1.75 times more white female recipients than the next closest race/ethnicity group, white male (708 degrees).

Operations

Pace University has an endowment valued at nearly $251M, as of the end of the 2021 fiscal year. The return on its endowment was of 64.6M (25.8%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, Pace University had a total salary expenditure of 358M. Pace University employs 190 Professors, 140 Associate professors and 104 Assistant professors. Most academics at Pace University are Male Professor (97), Female Professor (93), and Female Associate professor (88).

The most common positions for non-instructional staff at Pace University are: Management, with 270 employees, Office and Administrative Support, with 207 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 136 employees.

Endowment

$251M

2021 Endowment

29.3%

growth from 2020

Pace University has an endowment valued at about $251M, as of the end of the 2021 fiscal year. The endowment of Pace University grew 29.3% from the previous year. The value of their endowment was $137M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Moderate Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$42.8M - Federal
$1.41M - State
$158k - Local

As of 2021, Pace University received $42.8M in grants and contracts from the federal government, $1.41M from state grants and contracts, and $158k from local grants and contracts.

Salary Expenditure

$155M

2021 Salaries

6.02%

decline from 2020

In 2021, Pace University paid a median of $155M in salaries, which represents 43.3% of their overall expenditure ($358M) and a 6.02% decline from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

Instructional Salaries

$54.5M

Instructional Salaries

476

Number of Employees

In 2021, Pace University paid a total of $54.5M to 476 employees working as instructors, which represents 35.2% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

190 Employees

Management

Most Common Non-Instructional Employee

270 Employees

In 2021, the most common positions for instructional staff at Pace University were Professor with 190 employees, Associate professor with 140 employees, and Assistant professor with 104 employees.

In 2021, the most common positions for non-instructional staff at Pace University were Management with 270 employees, Office and Administrative Support with 207 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 136 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Professor
Female Associate professor

In 2021, the most common demographic for instructional staff at Pace University was Male Professor with 97 employees, Female Professor with 93 employees, and Female Associate professor with 88 employees.

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