Franklin Pierce University

www.franklinpierce.edu/

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2021 Undergraduate Tuition

$38,100

3.03% growth from 2020

2021 Average Net Price

$27,882

After Financial Aid

2019 Student Loan

1.86%

Default Rate

2021 Acceptance Rate

88.5%

3,305 Applicants

2021 Enrolled Students

1,777

78.7% Full-Time

2021 Graduation Rate

41.3%

175 Graduates

About

Franklin Pierce University is a higher education institution located in Cheshire County, NH. In 2021, the most popular Professional Doctorate concentrations at Franklin Pierce University were Physical Therapy (82 degrees awarded).

In 2021, 548 degrees were awarded across all undergraduate and graduate programs at Franklin Pierce University. 62.2% of these degrees were awarded to women, and 37.8% awarded men. The most common race/ethnicity group of degree recipients was white (398 degrees), 13.3 times more than then the next closest race/ethnicity group, hispanic or latino (30 degrees).

The median undergraduate tuition at Franklin Pierce University is $38,100, which is $14,916 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Franklin Pierce University is $38,100, which is $14,916 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $27,882.

In 2021, 95% of undergraduate students attending Franklin Pierce University received financial aid through grants. Comparatively, 75% of undergraduate students received financial aid through loans.

Tuition Costs

$38,100

2021 Undergraduate Tuition

In 2021, the cost of tuition at Franklin Pierce University was $38,100. The cost of tuition at Franklin Pierce University is $14,916 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

Average Net Price

$27,882

2021 Value

2.81%

1 Year Growth

In 2021 Franklin Pierce University had an average net price — the price paid after factoring in grants and loans — of $27,882. Between 2020 and 2021, the average net price of Franklin Pierce University grew by 2.81%.

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.

Other Student Expenses

$14,427

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at Franklin Pierce University was of $14,427 in 2021. The cost of room and board increased by 3.79% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,300. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

95%

Undergraduates Receiving Financial Aid through Grants

75%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Franklin Pierce University received financial aid through grants or loans in 2021. This represents a decline of 1.04% with respect to 2020, when 96% 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.

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.

1.86%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Franklin Pierce University was 1.86%, which represents 15 out of the 806 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

Franklin Pierce University received 3,305 undergraduate applications in 2021, which represents a 26.8% annual growth. Out of those 3,305 applicants, 2,926 students were accepted for enrollment, representing a 88.5% acceptance rate.

There were 1,777 students enrolled at Franklin Pierce University in 2021.

Franklin Pierce University has an overall enrollment yield of 9.26%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

88.5%

Acceptance Rate in 2021

2,926

Accepted Out of 3,305

In 2021, the undergraduate acceptance rate of Franklin Pierce University was 88.5% (2,926 admissions from 3,305 applications). This is higher than the acceptance rate of 2020, which was 84.7%. Between 2020 and 2021, the number of applicants grew by 26.8%, while admissions declined by −23.5%..

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

Enrollment

Franklin Pierce University had a total enrollment of 1,777 students in 2021. The full-time enrollment at Franklin Pierce University is 1,398 students and the part-time enrollment is 379. This means that 78.7% of students enrolled at Franklin Pierce University are enrolled full-time.

The enrolled student population at Franklin Pierce University, both undergraduate and graduate, is 73.2% White, 8.05% Hispanic or Latino, 5.74% Black or African American, 2.7% Asian, 2.59% Two or More Races, 0.281% American Indian or Alaska Native, and 0.225% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Franklin Pierce University in full-time Undergraduate programs are most commonly White Female (38.4%), followed by White Male (34.9%) and Black or African American Male (5.48%). Students enrolled in full-time Graduate programs are most commonly White Female (47.8%), followed by White Male (27.1%) and Hispanic or Latino Male (5.31%).

Full-Time vs Part-Time Enrollment

78.7%

Full-Time Enrollment

The total enrollment at Franklin Pierce University in 2021, both undergraduate and graduate, is 1,777 students. The full-time enrollment at Franklin Pierce University is 1,398 and the part-time enrollment is 379. This means that 78.7% of students enrolled at Franklin Pierce University are enrolled full-time compared with 68.3% 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.

Retention Rate over Time

73%

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 Franklin Pierce University was 73%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Franklin Pierce University had a retention rate approximately the same as its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,301 enrolled students
Hispanic or Latino
143 enrolled students
Black or African American
102 enrolled students

The enrolled student population at Franklin Pierce University is 73.2% White, 8.05% Hispanic or Latino, 5.74% Black or African American, 2.7% Asian, 2.59% Two or More Races, 0.281% American Indian or Alaska Native, and 0.225% 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 52% White, 16.9% Hispanic or Latino, and 12.8% 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, 57 students (3.21%) did not report their race.

Graduates

In 2021, 134 more women than men received degrees from Franklin Pierce University. The most common race/ethnicity group of degree recipients at Franklin Pierce University is white (398 degrees awarded). There were 13.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (30 degrees).

The most common Professional Doctorate concentration at Franklin Pierce University is Physical Therapy (82 degrees awarded).

In 2021, 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), Natural Resources & Conservation (16 degrees), and Parks, Recreation, & Leisure (27 degrees).

Common Jobs by Major

Registered nurses

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 (1,369,291 people), Other managers (219,580 people), Medical & health services managers (165,312 people), Elementary & middle school teachers (160,392 people), and Pharmacists (136,571 people).

The most specialized majors at Franklin Pierce University in 2021 are Cultural & Gender Studies (10 degrees awarded), Natural Resources & Conservation (16 degrees), Parks, Recreation, & Leisure (27 degrees), Health (241 degrees), and Communications (24 degrees) (as of 2021).

Highest Paying Jobs by Major

Media and communication workers, all other

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Franklin Pierce University are Media and communication workers, all other, Surgeons, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Franklin Pierce University are Cultural & Gender Studies (10 degrees awarded), Natural Resources & Conservation (16 degrees), Parks, Recreation, & Leisure (27 degrees), Health (241 degrees), and Communications (24 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

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 (1,565,348 people), Elementary & secondary schools (458,671 people), Colleges, universities & professional schools, including junior colleges (301,576 people), Outpatient care centers (270,544 people), and Offices of physicians (220,663 people).

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 (2021)

General Health Services
56 degree-majors awarded
General Business Administration & Management
30 degree-majors awarded
Accounting & Finance
28 degree-majors awarded

In 2021, the most common bachelors degree concentration at Franklin Pierce University was General Health Services with 56 degrees awarded.

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

Sex Breakdown for Common Majors

207

Degrees Awarded to Men

in 2021

341

Degrees Awarded to Women

in 2021

In 2021, 207 degrees were awarded to men at Franklin Pierce University, which is 0.607 times less than the number of degrees awarded to females (341).

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

Most Common Male Majors

In 2021, 36 degrees were awarded to men at Franklin Pierce University in Physical Therapy, which is 0.783 times less than the 46 female recipients with that same degree.

Most Common Female Majors

In 2021, 46 degrees were awarded to men at Franklin Pierce University in Physical Therapy, which is 1.28 times more than the 36 male recipients with that same degree.

Time to Complete

42%

100% Completion Time

49%

150% Completion Time

In 2021, 42% of students graduating from Franklin Pierce University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 49% completed their degrees within 150% of the normal time, and 50% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Franklin Pierce University is Female and Asian (100% graduation rate). Across all Masters Colleges and 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, 6.29% of graduates (11 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
398 degrees awarded
Hispanic or Latino
30 degrees awarded
Black or African American
25 degrees awarded

The most common race/ethnicity at Franklin Pierce University is white (398 degrees awarded). There were 13.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (30 degrees).

7.85% of degree recipients (43 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
251 degrees awarded
White Male
147 degrees awarded
Hispanic or Latino Female
19 degrees awarded

The most common race/ethnicity and sex grouping at Franklin Pierce University is white female (251 degrees awarded). There were 1.71 times more white female recipients than the next closest race/ethnicity group, white male (147 degrees).

Operations

Franklin Pierce University has an endowment valued at nearly $22.5M, as of the end of the 2021 fiscal year. The return on its endowment was of 4.31M (19.1%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Franklin Pierce University had a total salary expenditure of 50.6M. Franklin Pierce University employs 37 Assistant professors, 32 Associate professors and 16 Professors. Most academics at Franklin Pierce University are Female Assistant professor (27), Male Associate professor (17), and Female Associate professor (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 43 employees, Management, with 32 employees, and Service with 26 employees.

Endowment

$22.5M

2021 Endowment

32.7%

growth from 2020

Franklin Pierce University has an endowment valued at about $22.5M, as of the end of the 2021 fiscal year. The endowment of Franklin Pierce University grew 32.7% from the previous year. The value of their endowment was $27.9M 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.

Salary Expenditure

$19.4M

2021 Salaries

1.28%

decline from 2020

In 2021, Franklin Pierce University paid a median of $19.4M in salaries, which represents 38.4% of their overall expenditure ($50.6M) and a 1.28% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$6.76M

Instructional Salaries

Number of Employees

In 2021, Franklin Pierce University paid a total of $6.76M to 88 employees working as instructors, which represents 34.8% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

37 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

43 Employees

In 2021, the most common positions for instructional staff at Franklin Pierce University were Assistant professor with 37 employees, Associate professor with 32 employees, and Professor with 16 employees.

In 2021, the most common positions for non-instructional staff at Franklin Pierce University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 43 employees, Management with 32 employees, and Service with 26 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Assistant professor
Male Associate professor
Female Associate professor

In 2021, the most common demographic for instructional staff at Franklin Pierce University was Female Assistant professor with 27 employees, Male Associate professor with 17 employees, and Female Associate professor with 15 employees.

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