Masters Colleges & Universities: Larger Programs

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2024 Undergraduate Tuition

$13,121

1.49% growth from 2023

2024 Average Net Price

$18,094

After Financial Aid

2024 Acceptance Rate

75.9%

2,146,972 Applicants

2024 Graduation Rate

55.5%

156,197 Graduates

About

Masters Colleges & Universities: Larger Programs is a Carnegie Classification grouping of higher education institutions. In 2024, the most popular Bachelor's Degree concentrations at Masters Colleges & Universities: Larger Programs were General Business Administration & Management (83,070 degrees awarded), Registered Nursing (31,859 degrees), and General Psychology (30,615 degrees).

The median undergraduate tuition at Masters Colleges & Universities: Larger Programs is $13,121, which is $2,201 more than than the national median of $10,920. The cost of out-of-state tuition is $20,551, which is 157% of the cost for in-state students, and is $5,078 more than than the national median $15,473.

Masters Colleges and Universities

Costs

The median in-state tuition for Masters Colleges & Universities: Larger Programs is $13,121, which is $2,121 more than than the national median in-state tuition of $11,000. The cost of out-of-state tuition is $20,551, which is 157% of the cost for in-state students, and is $5,078 more than than the national median out-of-state tuition of $15,473.

After taking grants and loans into account, the average net price for students is $18,094.

Tuition Costs

$13,121

2024 Undergraduate Tuition

In 2024, the cost of out-of-state tuition at Masters Colleges & Universities: Larger Programs was $20,551, which is 157% of the cost for in-state students, which was $13,121. The cost of out-of-state tuition at Masters Colleges & Universities: Larger Programs is $5,078 more than than the overall (public and private) national median of $15,473, and the in-state tuition is $2,121 more than than the overall (public and private) national median $11,000.

This chart compares the tuition costs of Masters Colleges & Universities: Larger Programs (in red) with those of other similar universities.

Average Net Price

$18,094

2024 Value

0.909%

1 Year Growth

In 2024 Masters Colleges & Universities: Larger Programs had an average net price — the price paid after factoring in grants and loans — of $18,094. Between 2023 and 2024, the average net price of Masters Colleges & Universities: Larger Programs grew by 0.909%.

This chart compares the average net price of Masters Colleges & Universities: Larger Programs (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

$12,104

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Masters Colleges & Universities: Larger Programs was of $12,104 in 2024. The cost of room and board increased by 6.18% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Masters Colleges & Universities: Larger Programs (in red) with that of similar universities.

Financial Aid by Income Level

77%

Undergraduates Receiving Financial Aid through Grants

45%

Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at Masters Colleges & Universities: Larger Programs received financial aid through grants or loans in 2024. This represents a growth of 1.32% with respect to 2023, when 76% of undergraduate students received financial aid.

This chart compares the average award discount at Masters Colleges & Universities: Larger Programs (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.

Admissions

Masters Colleges & Universities: Larger Programs received 2,146,972 undergraduate applications in 2024, which represents a 6.33% annual growth. Out of those 2,146,972 applicants, 1,629,939 students were accepted for enrollment, representing a 75.9% acceptance rate.

There were N/A students enrolled at Masters Colleges & Universities: Larger Programs in N/A. 14.6% of first-time enrollees submitted SAT scores with their applications.

Masters Colleges & Universities: Larger Programs has an overall enrollment yield of 17.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75.9%

Acceptance Rate in 2024

1,629,939

Accepted Out of 2,146,972

In 2024, the undergraduate acceptance rate of Masters Colleges & Universities: Larger Programs was 75.9% (1,629,939 admissions from 2,146,972 applications). This is higher than the acceptance rate of 2023, which was 75.4%. Between 2023 and 2024, the number of applicants grew by 6.33%, while admissions grew by 7.04%.

This chart compares the acceptance rate of Masters Colleges & Universities: Larger Programs (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

14.6%

Submission Percentage (2024)

30,588

Scores Submitted (2024)

14.6% of enrolled first-time students at Masters Colleges & Universities: Larger Programs in 2024 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Masters Colleges & Universities: Larger Programs had a total enrollment of N/A students in N/A. The full-time enrollment at Masters Colleges & Universities: Larger Programs is N/A students and the part-time enrollment is N/A. This means that N/A% of students enrolled at Masters Colleges & Universities: Larger Programs are enrolled full-time.

The enrolled student population at Masters Colleges & Universities: Larger Programs, both undergraduate and graduate, is 46.2% White, 20% Hispanic or Latino, 12.9% Black or African American, 5.42% Asian, 3.83% Two or More Races, 0.614% American Indian or Alaska Native, and 0.28% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Masters Colleges & Universities: Larger Programs in full-time Undergraduate programs are most commonly White Female (26.7%), followed by White Male (20.8%) and Hispanic or Latino Female (13.1%). Students enrolled in full-time Graduate programs are most commonly White Female (29.7%), followed by White Male (13.9%) and Hispanic or Latino Female (9.96%).

Retention Rate over Time

74%

2024 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 Masters Colleges & Universities: Larger Programs was 74%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Masters Colleges & Universities: Larger Programs had a retention rate higher than its peers.

This chart shows the retention rate over time at Masters Colleges & Universities: Larger Programs (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,285,606 enrolled students
Hispanic or Latino
555,733 enrolled students
Black or African American
359,914 enrolled students

The enrolled student population at Masters Colleges & Universities: Larger Programs is 46.2% White, 20% Hispanic or Latino, 12.9% Black or African American, 5.42% Asian, 3.83% Two or More Races, 0.614% American Indian or Alaska Native, and 0.28% 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 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 187,834 students (6.75%) did not report their race.

Graduates

In 2024, 142,797 more women than men received degrees from Masters Colleges & Universities: Larger Programs. The most common race/ethnicity group of degree recipients at Masters Colleges & Universities: Larger Programs is white (368,276 degrees awarded). There were 2.77 times more white recipients than the next closest race/ethnicity group, hispanic or latino (132,763 degrees).

The most common Bachelor's Degree concentration at Masters Colleges & Universities: Larger Programs is General Business Administration & Management (43,436 degrees awarded), followed by General Psychology (28,209 degrees) and Registered Nursing (26,274 degrees).

In 2024, the most specialized majors across all degree types at Masters Colleges & Universities: Larger Programs, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Applied Sciences (1,908 degrees awarded), Education (84,497 degrees), and Library Science (1,571 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Masters Colleges & Universities: Larger Programs are Elementary & middle school teachers (1,575,757 people), Secondary school teachers (546,834 people), Education administrators (293,230 people), Special education teachers (208,170 people), and Other managers (206,952 people).

The most specialized majors at Masters Colleges & Universities: Larger Programs in 2024 are Applied Sciences (1,908 degrees awarded), Education (84,497 degrees), Library Science (1,571 degrees), Parks, Recreation, & Leisure (15,038 degrees), and Protective Services (27,078 degrees) (as of 2024).

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 Masters Colleges & Universities: Larger Programs are Surgeons, Chief executives & legislators, Physicians, Nuclear medicine technologists and medical dosimetrists, and Photographic process workers & processing machine operators

The most specialized majors at Masters Colleges & Universities: Larger Programs are Applied Sciences (1,908 degrees awarded), Education (84,497 degrees), Library Science (1,571 degrees), Parks, Recreation, & Leisure (15,038 degrees), and Protective Services (27,078 degrees) (as of 2024).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Masters Colleges & Universities: Larger Programs are Elementary & secondary schools (2,948,478 people), Colleges, universities & professional schools, including junior colleges (388,308 people), Justice, public order, & safety activities (380,386 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (228,080 people), and Computer Systems Design (139,120 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Masters Colleges & Universities: Larger Programs.

Most Common (2024)

Health Information & Medical Records Technology
4,058 degrees awarded
General Studies
2,888 degrees awarded
Other Liberal Arts & Sciences, General Studies, & Humanities
1,336 degrees awarded

In 2024, the most common 1 to 2 year postsecondary certificate concentration at Masters Colleges & Universities: Larger Programs was Health Information & Medical Records Technology with 4,058 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Masters Colleges & Universities: Larger Programs according to their major.

Sex Breakdown for Common Majors

291,170

Degrees Awarded to Men

in 2024

433,967

Degrees Awarded to Women

in 2024

In 2024, 291,170 degrees were awarded to men at Masters Colleges & Universities: Larger Programs, which is 0.671 times less than the number of degrees awarded to females (433,967).

This chart displays the sex disparity between the top 5 majors at Masters Colleges & Universities: Larger Programs by degrees awarded.

Most Common Male Majors

In 2024, 41,984 degrees were awarded to men at Masters Colleges & Universities: Larger Programs in General Business Administration & Management, which is 1.02 times more than the 41,086 female recipients with that same degree.

Most Common Female Majors

In 2024, 41,086 degrees were awarded to men at Masters Colleges & Universities: Larger Programs in General Business Administration & Management, which is 0.979 times less than the 41,984 male recipients with that same degree.

Time to Complete

38%

100% Completion Time

53%

150% Completion Time

In 2024, 38% of students graduating from Masters Colleges & Universities: Larger Programs completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 53% completed their degrees within 150% of the normal time, and 55% 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 (71%)

The student demographic with the highest graduation rate in 2024 at Masters Colleges & Universities: Larger Programs is Female and Asian (71% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (75.5%).

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, 2.69% of graduates (4195 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
368,276 degrees awarded
Hispanic or Latino
132,763 degrees awarded
Black or African American
77,378 degrees awarded

The most common race/ethnicity at Masters Colleges & Universities: Larger Programs is white (368,276 degrees awarded). There were 2.77 times more white recipients than the next closest race/ethnicity group, hispanic or latino (132,763 degrees).

5.45% of degree recipients (39,490 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
236,015 degrees awarded
White Female
230,427 degrees awarded
White Female
230,396 degrees awarded

The most common race/ethnicity and sex grouping at Masters Colleges & Universities: Larger Programs is white female (236,015 degrees awarded). There were 1.02 times more white female recipients than the next closest race/ethnicity group, white female (230,427 degrees).

Operations

Masters Colleges & Universities: Larger Programs has an endowment valued at nearly $63.9M, as of the end of the 2024 fiscal year. The return on its endowment was of 3.1B (4.85k%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Masters Colleges & Universities: Larger Programs had a total salary expenditure of 128M. Masters Colleges & Universities: Larger Programs employs 22,408 Professors, 18,981 Associate professors and 17,367 Assistant professors. Most academics at Masters Colleges & Universities: Larger Programs are Male Professor (12,823), Female Assistant professor (9,781), and Female Professor (9,585).

The most common positions for non-instructional staff at Masters Colleges & Universities: Larger Programs are: Office and Administrative Support, with 27,884 employees, Management, with 25,857 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 22,437 employees.

Endowment

$63.9M

2024 Endowment

11.5%

growth from 2023

Masters Colleges & Universities: Larger Programs has an endowment valued at about $63.9M, as of the end of the 2024 fiscal year. The endowment of Masters Colleges & Universities: Larger Programs grew 11.5% from the previous year. The value of their endowment was $18M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Masters Colleges & Universities: Larger Programs (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: Larger Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$1.25B - Federal
$1.03B - State
$80.3M - Local

As of 2024, Masters Colleges & Universities: Larger Programs received $1.25B in grants and contracts from the federal government, $1.03B from state grants and contracts, and $80.3M from local grants and contracts.

Salary Expenditure

$53.9M

2024 Salaries

6.24%

growth from 2023

In 2024, Masters Colleges & Universities: Larger Programs paid a median of $53.9M in salaries, which represents 41.9% of their overall expenditure ($128M) and a 6.24% growth from the previous year. This is compared to a 1.49% growth between 2022 and 2023, and a 3.35% growth between 2021 and 2022.

Instructional Salaries

$6.98B

Instructional Salaries

76,188

Number of Employees

In 2024, Masters Colleges & Universities: Larger Programs paid a total of $6.98B to 76,188 employees working as instructors, which represents 32.3% of all salaries paid.

This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Masters Colleges & Universities: Larger Programs were Office and Administrative Support with 27,884 employees, Management with 25,857 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 22,437 employees.

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