Pace University-New York

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2016 Undergraduate Tuition

$41,120

3.5% growth from 2015

2016 Average Net Price

$31,040

After Financial Aid

2015 Student Loan

4.65%

Default Rate

2016 Acceptance Rate

83.7%

18,470 Applicants

2016 Enrolled Students

13,245

75.8% Full-Time

2016 Graduation Rate

58.6%

1,035 Graduates

About

Pace University-New York is a higher education institution located in New York County, NY. In 2016, the most popular Bachelor's Degree concentrations at Pace University-New York were Registered Nursing (153 degrees awarded), Accounting (143 degrees), and General Finance (142 degrees).

In 2016, 3,404 degrees were awarded across all undergraduate and graduate programs at Pace University-New York. 60.8% of these degrees were awarded to women, and 39.2% awarded men. The majority of degree recipients were white (1,625 degrees), 4.01 times more than then the next closest race/ethnicity group, hispanic or latino (405 degrees).

The median undergraduate tuition at Pace University-New York is $41,120, which is $15,264 more than the national average for Doctoral Universities ($25,856).

Costs

The median undergraduate tuition at Pace University-New York is $41,120, which is $15,264 more than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $31,040.

In 2016, 84% of undergraduate students received federal grants, while 54% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$41,120

2016 Undergraduate Tuition

In 2016, the cost of tuition at Pace University-New York was $41,120. The cost of tuition at Pace University-New York is $15,264 more than than the overall (public and private) national average for Doctoral Universities ($25,856).

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Average Net Price

$31,040

2016 Value

5.5%

1 Year Growth

In 2016 Pace University-New York had an average net price — the price paid after factoring in grants and loans — of $31,040. Between 2015 and 2016, the average net price of Pace University-New York grew by 5.5%.

This chart compares the average net price of Pace University-New York (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

$18,125

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Pace University-New York was of $18,125 in 2016. During the same period, the average yearly cost of books and supplies was $800. The cost of room and board increased by 8.23% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

84%

Of Undergraduates Receive Grants

54%

Of Undergraduates Receive Federal Loans

84% of undergraduate students at Pace University-New York received grants or loans in 2016. This represents a decline of 1.18% with respect to 2015, when 85% of undergraduate students received financial aid.

This chart compares the average award discount at Pace University-New York (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.

4.65%

2015 Default Rate

140

Number of Defaults

In 2015 the default rate for borrower's at Pace University-New York was 4.65%, which represents 140 out of the 3011 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

Pace University-New York received 18,470 undergraduate applications in 2016, which represents a 8.4% annual growth. Out of those 18,470 applicants, 15,455 students were accepted for enrollment, representing a 83.7% acceptance rate.

There were 13,245 students enrolled at Pace University-New York in 2016, and 79% of first-time enrollees submitted SAT scores with their applications.

Pace University-New York has an overall enrollment yield of 13.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

83.7%

Acceptance Rate in 2016

15,455

Accepted Out of 18,470

In 2016, the undergraduate acceptance rate of Pace University-New York was 83.7% (15,455 admissions from 18,470 applications). This is lower than the acceptance rate of 2015, which was 83.8%. Between 2015 and 2016, the number of applicants grew by 8.4%, while admissions grew by 8.21%.

This chart compares the acceptance rate of Pace University-New York (in red) with that of other similar universities.

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SAT Scores

79%

Submission Percentage

1,605

Scores Submitted

79% of enrolled first-time students at Pace University-New York 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

Pace University-New York has a total enrollment of 13,245 students. The full-time enrollment at Pace University-New York is 10,037 students and the part-time enrollment is 3,208. This means that 75.8% of students enrolled at Pace University-New York are enrolled full-time.

The enrolled student population at Pace University-New York, both undergraduate and graduate, is 45.2% White, 12% Hispanic or Latino, 10.9% Black or African American, 7.84% Asian, 3.02% Two or More Races, 0.219% American Indian or Alaska Native, and 0.068% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Pace University-New York in full-time Undergraduate programs are majority White Female (31.5%), followed by White Male (19.5%) and Hispanic or Latino Female (9.3%). Students enrolled in full-time Graduate programs are majority White Female (21.2%), followed by White Male (14.8%) and Hispanic or Latino Female (4.77%).

Full-Time vs Part-Time Enrollment

75.8%

Full-Time Enrollment

The total enrollment at Pace University-New York, both undergraduate and graduate, is 13,245 students. The full-time enrollment at Pace University-New York is 10,037 and the part-time enrollment is 3,208. This means that 75.8% of students enrolled at Pace University-New York are enrolled full-time compared with 78.1% at similar Doctoral Universities.

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

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Retention Rate over Time

77%

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 Pace University-New York was 77%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Pace University-New York had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    5,988

  2. Hispanic or Latino

    1,589

  3. Black or African American

    1,438

The enrolled student population at Pace University-New York is 45.2% White, 12% Hispanic or Latino, 10.9% Black or African American, 7.84% Asian, 3.02% Two or More Races, 0.219% American Indian or Alaska Native, and 0.068% 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 51.9% White, 12.8% Hispanic or Latino, and 9.36% 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, 589 students (4.45%) did not report their race.

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Graduates

In 2016, 734 more women than men received degrees from Pace University-New York. The majority of degree recipients at Pace University-New York are white (1,625 degrees awarded). There were 4.01 times more white graduates than the next closest race/ethnicity group, hispanic or latino (405 degrees).

The most common Bachelor's Degree concentration at Pace University-New York is Registered Nursing (153 degrees awarded), followed by Accounting (143 degrees) and General Finance (142 degrees).

The most specialized majors across all degree types at Pace University-New York, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (182 degrees awarded), Communications (266 degrees), and Computer and Information Sciences and Support Services (304 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 Pace University-New York are Accountants & auditors (1,117,632 people), Miscellaneous managers (944,785 people), Software developers, applications & systems software (535,183 people), Financial managers (454,369 people), and Chief executives & legislators (381,683 people).

The most specialized majors at Pace University-New York are Legal (182 degrees awarded), Communications (266 degrees), Computer and Information Sciences and Support Services (304 degrees), Visual & Performing Arts (208 degrees), and Business (1,002 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Pace University-New York are Physicians & surgeons, Sales representatives, wholesale & manufacturing, Dentists, Securities, commodities, & financial services sales agents, and Dental hygienists

The most specialized majors at Pace University-New York are Legal (182 degrees awarded), Communications (266 degrees), Computer and Information Sciences and Support Services (304 degrees), Visual & Performing Arts (208 degrees), and Business (1,002 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 Pace University-New York are Computer Systems Design (953,209 people), Elementary & secondary schools (727,372 people), Insurance carriers & related activities (658,359 people), Banking & related activities (575,637 people), and Colleges, universities & professional schools, including junior colleges (550,246 people).

The most specialized majors at Pace University-New York are Legal (182 degrees awarded), Communications (266 degrees), Computer and Information Sciences and Support Services (304 degrees), Visual & Performing Arts (208 degrees), and Business (1,002 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 Pace University-New York.

Most Common

  1. 153 degrees awarded

  2. 143 degrees awarded

  3. 142 degrees awarded

In 2016, the most common bachelors degree concentration at Pace University-New York was Registered Nursing with 153 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,335

  2. 2,069

In 2016, 1,335 degrees were awarded to men at Pace University-New York, which is 0.645 times less than the number of degrees awarded to females (2,069).

This chart displays the gender disparity between the top 5 majors at Pace University-New York by degrees awarded.

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Most Common Male Majors

In 2016, 162 degrees were awarded to men at Pace University-New York in General Finance, which is 2 times more than the 81 female recipients with that same degree.

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Most Common Female Majors

In 2016, 155 degrees were awarded to women at Pace University-New York in Accounting, which is 1.26 times more than the 123 male recipients with that same degree.

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Time to Complete

36%

100% Completion Time

55%

150% Completion Time

In 2016, 36% of students graduating from Pace University-New York completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 55% completed their degrees within 150% of the normal time, and 56% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (75%)

The student demographic with the highest graduation rate at Pace University-New York is Female and Two or More Races (75% graduation rate). Across all Doctoral Universities, 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, 40.4% of graduates (418 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,625 degrees awarded

  2. Hispanic or Latino

    405 degrees awarded

  3. Black or African American

    375 degrees awarded

The most common race/ethnicity at Pace University-New York is white (1,625 degrees awarded). There were 4.01 times more white recipients than the next closest race/ethnicity group, hispanic or latino (405 degrees).

3.08% of degree recipients (105 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    995 degrees awarded

  2. White Male

    630 degrees awarded

  3. Black or African American Female

    241 degrees awarded

The most common race/ethnicity and gender grouping at Pace University-New York is white female (995 degrees awarded). There were 1.58 times more white female recipients than the next closest race/ethnicity group, white male (630 degrees).

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Operations

Pace University-New York has an endowment valued at nearly $157M, as of the end of the 2015 fiscal year. The return on its endowment was of $3.29M (2.1%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, Pace University-New York had a total expenditure of $343M. Of that $343M, they spent $154M on salaries and $343M on benefits.

Pace University-New York employs 196 Professors, 129 Assistant professors, and 116 Associate professors. Most academics at Pace University-New York are Male Professors (114), Female Professors(82), and Female Assistant professors (79).

The most common positions for non-instructional staff at Pace University-New York are: Management, with 385 employees, Office and Administrative Support, with 250 employees, and Business and Financial Operations with 150 employees.

Finances

Endowment

$157M

2015 Endowment

0.399%

decline from 2014

Pace University-New York has an endowment valued at about $157M, as of the end of the 2015 fiscal year. The endowment of Pace University-New York declined 0.399% from the previous year. The value of their endowment was $114M 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-New York (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.

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Government Grants and Contracts

Grants & Contracts

  1. $6M - Federal

  2. $1.12M - State

  3. $378k - Local

As of 2015, Pace University-New York received $6M in grants and contracts from the federal government, $1.12M from state grants and contracts, and $378k 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.

$154M

Salary Expenditure

$343M

Benefits Expenditure

In 2015, Pace University-New York had a total expenditure of $343M. Of that $343M, they spent $154M on salaries and $343M on benefits.

The bar chart shows the share of the primary expenses at Pace University-New York over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Doctoral Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Pace University-New York as a share of total expenditure.

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Salary Expenditure

$154M

2015 Salaries

2.26%

growth from 2014

In 2015, Pace University-New York paid a median of $154M in salaries, which represents 44.8% of their overall expenditure ($343M) and a 2.26% growth from the previous year. This is compared to a 4.36% growth from 2013 and a 5.65% growth from 2012.

The median for similar Doctoral Universities is 206M (43.4% of overall expenditures).

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Instructional Salaries

$50.8M

Instructional Salaries

486

Number of Employees

In 2015, Pace University-New York paid a total of $50.8M to 486 employees working as instructors, which represents 33.1% of all salaries paid.

This is compared to a median of $62.1M (30.2%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

196 Employees

Management

Most Common Non-Instructional Employee

385 Employees

In 2016, the most common positions for instructional staff at Pace University-New York were Professor with 196 employees; Assistant professor with 129 employees; and Assistant professor with 116 employees.

In 2016, the most common positions for non-instructional staff at Pace University-New York were Management with 385 employees; Office and Administrative Support with 250 employees; and Business and Financial Operations with 150 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Professor

  3. Female Assistant professor

In 2016, the most common demographic for instructional staff at Pace University-New York was Male Professor with 114 employees, Female Professor with 82 employees, and Female Assistant professor with 79 employees.

This chart shows the gender split between each academic rank present at Pace University-New York.

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