Furman University

www.furman.edu/

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2021 Undergraduate Tuition

$52,992

2.48% growth from 2020

2021 Average Net Price

$33,999

After Financial Aid

2019 Student Loan

0.515%

Default Rate

2021 Acceptance Rate

71.4%

7,174 Applicants

2021 Enrolled Students

2,463

96.5% Full-Time

2021 Graduation Rate

81.9%

547 Graduates

About

Furman University is a higher education institution located in Greenville County, SC. In 2021, the most popular Bachelors Degree concentrations at Furman University were General Political Science & Government (82 degrees awarded), Speech Communication & Rhetoric (69 degrees), and Other Health Professions & Related Clinical Sciences (64 degrees).

In 2021, 882 degrees were awarded across all undergraduate and graduate programs at Furman University. 62.7% of these degrees were awarded to women, and 37.3% awarded men. The most common race/ethnicity group of degree recipients was white (689 degrees), 11.3 times more than then the next closest race/ethnicity group, black or african american (61 degrees).

The median undergraduate tuition at Furman University is $52,992, which is $24,487 more than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Furman University is $52,992, which is $24,487 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $33,999.

In 2021, 94% of undergraduate students attending Furman University received financial aid through grants. Comparatively, 27% of undergraduate students received financial aid through loans.

Tuition Costs

$52,992

2021 Undergraduate Tuition

In 2021, the cost of tuition at Furman University was $52,992. The cost of tuition at Furman University is $24,487 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$33,999

2021 Value

9.96%

1 Year Growth

In 2021 Furman University had an average net price — the price paid after factoring in grants and loans — of $33,999. Between 2020 and 2021, the average net price of Furman University grew by 9.96%.

This chart compares the average net price of Furman 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

$13,362

Room and Board

$810

Books and Supplies

The average yearly cost of room and board at Furman University was of $13,362 in 2021. The cost of room and board decreased by 0.321% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $810. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

94%

Undergraduates Receiving Financial Aid through Grants

27%

Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Furman University received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Furman 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.

0.515%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Furman University was 0.515%, which represents 2 out of the 388 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

Furman University received 7,174 undergraduate applications in 2021, which represents a 38.1% annual growth. Out of those 7,174 applicants, 5,119 students were accepted for enrollment, representing a 71.4% acceptance rate.

There were 2,463 students enrolled at Furman University in 2021. 26% of first-time enrollees submitted SAT scores with their applications.

Furman University has an overall enrollment yield of 12.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

71.4%

Acceptance Rate in 2021

5,119

Accepted Out of 7,174

In 2021, the undergraduate acceptance rate of Furman University was 71.4% (5,119 admissions from 7,174 applications). This is higher than the acceptance rate of 2020, which was 65.2%. Between 2020 and 2021, the number of applicants grew by 38.1%, while admissions grew by 51%..

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

SAT Scores

26%

Submission Percentage (2021)

172

Scores Submitted (2021)

26% of enrolled first-time students at Furman 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

Furman University had a total enrollment of 2,463 students in 2021. The full-time enrollment at Furman University is 2,377 students and the part-time enrollment is 86. This means that 96.5% of students enrolled at Furman University are enrolled full-time.

The enrolled student population at Furman University, both undergraduate and graduate, is 77.1% White, 7.06% Black or African American, 5.64% Hispanic or Latino, 3.57% Two or More Races, 3.17% Asian, 0.162% American Indian or Alaska Native, and 0.0406% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Furman University in full-time Undergraduate programs are most commonly White Female (46%), followed by White Male (30.8%) and Black or African American Female (4.11%). Students enrolled in full-time Graduate programs are most commonly White Female (65.2%), followed by White Male (15.2%) and Black or African American Female (6.52%).

Full-Time vs Part-Time Enrollment

96.5%

Full-Time Enrollment

The total enrollment at Furman University in 2021, both undergraduate and graduate, is 2,463 students. The full-time enrollment at Furman University is 2,377 and the part-time enrollment is 86. This means that 96.5% of students enrolled at Furman University are enrolled full-time compared with 79.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

91%

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 Furman University was 91%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Furman University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,898 enrolled students
Black or African American
174 enrolled students
Hispanic or Latino
139 enrolled students

The enrolled student population at Furman University is 77.1% White, 7.06% Black or African American, 5.64% Hispanic or Latino, 3.57% Two or More Races, 3.17% Asian, 0.162% American Indian or Alaska Native, and 0.0406% 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 Baccalaureate Colleges is 55% White, 13.5% Black or African American, and 13.4% Hispanic or Latino.

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, 0 students (0%) did not report their race.

Graduates

In 2021, 224 more women than men received degrees from Furman University. The most common race/ethnicity group of degree recipients at Furman University is white (689 degrees awarded). There were 11.3 times more white recipients than the next closest race/ethnicity group, black or african american (61 degrees).

The most common Bachelor's Degree concentration at Furman University is General Political Science & Government (82 degrees awarded), followed by Speech Communication & Rhetoric (69 degrees) and Other Health Professions & Related Clinical Sciences (64 degrees).

In 2021, the most specialized majors across all degree types at Furman University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are PHILOSOPHY AND RELIGIOUS STUDIES. (37 degrees awarded), Cultural & Gender Studies (27 degrees), and Language & Linguistics (52 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Furman University are Lawyers, & judges, magistrates, & other judicial workers (359,988 people), Other managers (281,114 people), Postsecondary teachers (210,356 people), Elementary & middle school teachers (170,851 people), and Chief executives & legislators (127,197 people).

The most specialized majors at Furman University in 2021 are PHILOSOPHY AND RELIGIOUS STUDIES. (37 degrees awarded), Cultural & Gender Studies (27 degrees), Language & Linguistics (52 degrees), Physical Sciences (35 degrees), and Social Sciences (140 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 Furman University are Surgeons, Media and communication workers, all other, Securities, commodities, & financial services sales agents, Cardiovascular technologists and technicians, and Physicians

The most specialized majors at Furman University are PHILOSOPHY AND RELIGIOUS STUDIES. (37 degrees awarded), Cultural & Gender Studies (27 degrees), Language & Linguistics (52 degrees), Physical Sciences (35 degrees), and Social Sciences (140 degrees) (as of 2021).

Common Industries by Major

Colleges, universities & professional schools, including junior colleges

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Furman University are Colleges, universities & professional schools, including junior colleges (416,599 people), Elementary & secondary schools (398,056 people), Legal services (285,143 people), Computer Systems Design (217,839 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (198,810 people).

Majors Awarded

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

Most Common (2021)

General Political Science & Government
82 degree-majors awarded
Speech Communication & Rhetoric
69 degree-majors awarded
Other Health Professions & Related Clinical Sciences
64 degree-majors awarded

In 2021, the most common bachelors degree concentration at Furman University was General Political Science & Government with 82 degrees awarded.

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

Sex Breakdown for Common Majors

329

Degrees Awarded to Men

in 2021

553

Degrees Awarded to Women

in 2021

In 2021, 329 degrees were awarded to men at Furman University, which is 0.595 times less than the number of degrees awarded to females (553).

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

Most Common Male Majors

In 2021, 41 degrees were awarded to men at Furman University in General Business Administration & Management, which is 2.16 times more than the 19 female recipients with that same degree.

Most Common Female Majors

In 2021, 50 degrees were awarded to men at Furman University in Speech Communication & Rhetoric, which is 2.63 times more than the 19 male recipients with that same degree.

Time to Complete

77%

100% Completion Time

83%

150% Completion Time

In 2021, 77% of students graduating from Furman University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 83% completed their degrees within 150% of the normal time, and 83% within 200%.

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

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Furman University is Male and Hispanic or Latino (100% graduation rate). Across all Baccalaureate Colleges, 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, 1.83% of graduates (10 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
689 degrees awarded
Black or African American
61 degrees awarded
Hispanic or Latino
54 degrees awarded

The most common race/ethnicity at Furman University is white (689 degrees awarded). There were 11.3 times more white recipients than the next closest race/ethnicity group, black or african american (61 degrees).

1.25% of degree recipients (11 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
438 degrees awarded
White Male
251 degrees awarded
Black or African American Female
35 degrees awarded

The most common race/ethnicity and sex grouping at Furman University is white female (438 degrees awarded). There were 1.75 times more white female recipients than the next closest race/ethnicity group, white male (251 degrees).

Operations

Furman University has an endowment valued at nearly $839M, as of the end of the 2021 fiscal year. The return on its endowment was of 214M (25.5%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Furman University had a total salary expenditure of 149M. Furman University employs 112 Professors, 67 Assistant professors and 63 Associate professors. Most academics at Furman University are Male Professor (77), Female Assistant professor (38), and Female Associate professor (36).

The most common positions for non-instructional staff at Furman University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 124 employees, Service, with 113 employees, and Management with 105 employees.

Endowment

$839M

2021 Endowment

25.2%

growth from 2020

Furman University has an endowment valued at about $839M, as of the end of the 2021 fiscal year. The endowment of Furman University grew 25.2% from the previous year. The value of their endowment was $787M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$4.53M - Federal
$21.4k - State
$29.7k - Local

As of 2021, Furman University received $4.53M in grants and contracts from the federal government, $21.4k from state grants and contracts, and $29.7k from local grants and contracts.

Salary Expenditure

$61.1M

2021 Salaries

4.7%

decline from 2020

In 2021, Furman University paid a median of $61.1M in salaries, which represents 41.1% of their overall expenditure ($149M) and a 4.7% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Instructional Salaries

$22.6M

Instructional Salaries

256

Number of Employees

In 2021, Furman University paid a total of $22.6M to 256 employees working as instructors, which represents 37% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

112 Employees

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

Most Common Non-Instructional Employee

124 Employees

In 2021, the most common positions for instructional staff at Furman University were Professor with 112 employees, Assistant professor with 67 employees, and Associate professor with 63 employees.

In 2021, the most common positions for non-instructional staff at Furman University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 124 employees, Service with 113 employees, and Management with 105 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Assistant professor
Female Associate professor

In 2021, the most common demographic for instructional staff at Furman University was Male Professor with 77 employees, Female Assistant professor with 38 employees, and Female Associate professor with 36 employees.

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