Thomas College

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2017 Undergraduate Tuition

$25,200

2.99% growth from 2016

2017 Average Net Price

$21,606

After Financial Aid

2016 Student Loan

12.7%

Default Rate

2017 Enrolled Students

1,802

46.2% Full-Time

2017 Graduation Rate

48.1%

101 Graduates

About

Thomas College is a higher education institution located in Kennebec County, ME. In 2016, the most popular Bachelor's Degree concentrations at Thomas College were Criminal Justice - Safety Studies (30 degrees awarded), General Business Administration & Management (29 degrees), and General Psychology (29 degrees).

In 2017, 264 degrees were awarded across all undergraduate and graduate programs at Thomas College. 58% of these degrees were awarded to women, and 42% awarded men. The majority of degree recipients were white (208 degrees), 10.9 times more than then the next closest race/ethnicity group, two or more races (19 degrees).

The median undergraduate tuition at Thomas College is $25,200, which is $4,467 more than the national average for Masters Colleges and Universities ($20,733).

Costs

The median undergraduate tuition at Thomas College is $25,200, which is $4,467 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 $21,606.

In 2017, 68% of undergraduate students received federal grants, while 63% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$25,200

2017 Undergraduate Tuition

In 2017, the cost of tuition at Thomas College was $25,200. The cost of tuition at Thomas College is $4,467 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

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

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Average Net Price

$21,606

2017 Value

5.1%

1 Year Growth

In 2017 Thomas College had an average net price — the price paid after factoring in grants and loans — of $21,606. Between 2016 and 2017, the average net price of Thomas College grew by 5.1%.

This chart compares the average net price of Thomas College (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

$8,650

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Thomas College was of $8,650 in 2017. During the same period, the average yearly cost of books and supplies was $800. The cost of room and board increased by 2.19% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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

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Financial Aid

Financial Aid by Income Level

68%

Of Undergraduates Receive Grants

63%

Of Undergraduates Receive Federal Loans

68% of undergraduate students at Thomas College received grants or loans in 2017. This represents a growth of 1.49% with respect to 2016, when 67% of undergraduate students received financial aid.

This chart compares the average award discount at Thomas College (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.

12.7%

2016 Default Rate

37

Number of Defaults

In 2016 the default rate for borrower's at Thomas College was 12.7%, which represents 37 out of the 292 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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Enrollment

Thomas College has a total enrollment of 1,802 students. The full-time enrollment at Thomas College is 832 students and the part-time enrollment is 970. This means that 46.2% of students enrolled at Thomas College are enrolled full-time.

The enrolled student population at Thomas College, both undergraduate and graduate, is 70.1% White, 4.27% Two or More Races, 2.83% Black or African American, 1.11% Asian, 0.943% Hispanic or Latino, 0.222% American Indian or Alaska Native, and 0.0555% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Thomas College in full-time Undergraduate programs are majority White Male (38.9%), followed by White Female (34%) and Two or More Races Male (5.43%). Students enrolled in full-time Graduate programs are majority White Female (55.2%), followed by White Male (25.9%) and Two or More Races Female (3.45%).

Full-Time vs Part-Time Enrollment

46.2%

Full-Time Enrollment

The total enrollment at Thomas College, both undergraduate and graduate, is 1,802 students. The full-time enrollment at Thomas College is 832 and the part-time enrollment is 970. This means that 46.2% of students enrolled at Thomas College 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 Thomas College (in red) compares to similar universities.

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Retention Rate over Time

63%

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 Thomas College was 63%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Thomas College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,263

  2. Two or More Races

    77

  3. Black or African American

    51

The enrolled student population at Thomas College is 70.1% White, 4.27% Two or More Races, 2.83% Black or African American, 1.11% Asian, 0.943% Hispanic or Latino, 0.222% American Indian or Alaska Native, and 0.0555% 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, 341 students (18.9%) did not report their race.

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Graduates

In 2017, 42 more women than men received degrees from Thomas College. The majority of degree recipients at Thomas College are white (208 degrees awarded). There were 10.9 times more white graduates than the next closest race/ethnicity group, two or more races (19 degrees).

The most common Bachelor's Degree concentration at Thomas College is Criminal Justice - Safety Studies (30 degrees awarded), followed by General Business Administration & Management (29 degrees) and General Psychology (29 degrees).

The most specialized majors across all degree types at Thomas College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Applied Sciences (3 degrees awarded), Parks, Recreation, & Leisure (15 degrees), and Protective Services (30 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 Thomas College are Elementary & middle school teachers (2,160,851 people), Accountants & auditors (1,137,281 people), Other managers (758,999 people), Financial managers (452,560 people), and Education administrators (385,809 people).

The most specialized majors at Thomas College are Applied Sciences (3 degrees awarded), Parks, Recreation, & Leisure (15 degrees), Protective Services (30 degrees), Psychology (29 degrees), and Business (122 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 Thomas College are Surgeons, Physicians, Geoscientists and hydrologists, except geographers, Nurse anesthetists, and Dentists

The most specialized majors at Thomas College are Applied Sciences (3 degrees awarded), Parks, Recreation, & Leisure (15 degrees), Protective Services (30 degrees), Psychology (29 degrees), and Business (122 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 Thomas College are Elementary & secondary schools (3,413,558 people), Colleges, universities & professional schools, including junior colleges (661,829 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (592,398 people), Banking & related activities (540,942 people), and Justice, public order, & safety activities (535,807 people).

The most specialized majors at Thomas College are Applied Sciences (3 degrees awarded), Parks, Recreation, & Leisure (15 degrees), Protective Services (30 degrees), Psychology (29 degrees), and Business (122 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 Thomas College.

Most Common

  1. 30 degrees awarded

  2. 29 degrees awarded

  3. 29 degrees awarded

In 2017, the most common bachelors degree concentration at Thomas College was Criminal Justice - Safety Studies with 30 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Thomas College according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 111

  2. 153

In 2017, 111 degrees were awarded to men at Thomas College, which is 0.725 times less than the number of degrees awarded to females (153).

This chart displays the gender disparity between the top 5 majors at Thomas College by degrees awarded.

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Most Common Male Majors

In 2017, 41 degrees were awarded to men at Thomas College in General Business Administration & Management, which is 1.08 times more than the 38 female recipients with that same degree.

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Most Common Female Majors

In 2017, 38 degrees were awarded to women at Thomas College in General Business Administration & Management, which is 0.927 times less than the 41 male recipients with that same degree.

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Time to Complete

34%

100% Completion Time

45%

150% Completion Time

In 2017, 34% of students graduating from Thomas College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 46% 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.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Thomas College is Female and American Indian or Alaska Native (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, 6.93% of graduates (7 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    208 degrees awarded

  2. Two or More Races

    19 degrees awarded

  3. Unknown

    11 degrees awarded

The most common race/ethnicity at Thomas College is white (208 degrees awarded). There were 10.9 times more white recipients than the next closest race/ethnicity group, two or more races (19 degrees).

4.17% of degree recipients (11 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    124 degrees awarded

  2. White Male

    84 degrees awarded

  3. Two or More Races Female

    11 degrees awarded

The most common race/ethnicity and gender grouping at Thomas College is white female (124 degrees awarded). There were 1.48 times more white female recipients than the next closest race/ethnicity group, white male (84 degrees).

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Operations

Thomas College has an endowment valued at nearly $11.3M, as of the end of the 2017 fiscal year. The return on its endowment was of $2.3M (20.3%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, Thomas College had a total salary expenditure of $20.7M. Thomas College employs 17 Assistant professors, 13 Associate professors, and 8 Professors. Most academics at Thomas College are Male Associate professors (9), Male Assistant professors(9), and Female Assistant professors (8).

The most common positions for non-instructional staff at Thomas College are: Management, with 26 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 21 employees, and Service with 14 employees.

Finances

Endowment

$11.3M

2017 Endowment

11.8%

growth from 2016

Thomas College has an endowment valued at about $11.3M, as of the end of the 2017 fiscal year. The endowment of Thomas College grew 11.8% from the previous year. The value of their endowment was $21.8M 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 Thomas College (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.

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Government Grants and Contracts

Grants & Contracts

  1. $624k - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Thomas College received $624k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$8.3M

2017 Salaries

5.66%

growth from 2016

In 2017, Thomas College paid a median of $8.3M in salaries, which represents 40% of their overall expenditure ($20.7M) and a 5.66% growth from the previous year. This is compared to a 14.3% growth from 2015 and a 5.18% growth from 2014.

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

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Instructional Salaries

$2.27M

Instructional Salaries

39

Number of Employees

In 2017, Thomas College paid a total of $2.27M to 39 employees working as instructors, which represents 27.4% of all salaries paid.

This is compared to a median of $5.62M (33.5%) for similar Masters Colleges & Universities: Small Programs.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

17 Employees

Management

Most Common Non-Instructional Employee

26 Employees

In 2017, the most common positions for instructional staff at Thomas College were Assistant professor with 17 employees; Associate professor with 13 employees; and Associate professor with 8 employees.

In 2017, the most common positions for non-instructional staff at Thomas College were Management with 26 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 21 employees; and Service with 14 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Associate professor

  2. Male Assistant professor

  3. Female Assistant professor

In 2017, the most common demographic for instructional staff at Thomas College was Male Associate professor with 9 employees, Male Assistant professor with 9 employees, and Female Assistant professor with 8 employees.

This chart shows the gender split between each academic rank present at Thomas College.

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