Faulkner University

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2020 Undergraduate Tuition
$21,000
2.54% growth from 2019
2020 Average Net Price
$19,889
After Financial Aid
2018 Student Loan
9.94%
Default Rate
2020 Acceptance Rate
75.8%
1,572 Applicants
2020 Enrolled Students
2,961
67.1% Full-Time
2020 Graduation Rate
27.3%
101 Graduates

About

Faulkner University is a higher education institution located in Montgomery County, AL. In 2016, the most popular Bachelor's Degree concentrations at Faulkner University were General Business Administration & Management (105 degrees awarded), General Business (89 degrees), and Criminal Justice - Safety Studies (70 degrees).

In 2020, 844 degrees were awarded across all undergraduate and graduate programs at Faulkner University. 64.3% of these degrees were awarded to women, and 35.7% awarded men. The most common race/ethnicity group of degree recipients was white (427 degrees), 1.19 times more than then the next closest race/ethnicity group, black or african american (359 degrees).

The median undergraduate tuition at Faulkner University is $21,000, which is $−1,530 less than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Faulkner University is $21,000, which is $−1,530 less than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $19,889.

In 2020, 85% of undergraduate students attending Faulkner University received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$21,000
2020 Undergraduate Tuition

In 2020, the cost of tuition at Faulkner University was $21,000. The cost of tuition at Faulkner University is $−1,530 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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

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Average Net Price

$19,889
2020 Value
0.505%
1 Year Growth

In 2020 Faulkner University had an average net price — the price paid after factoring in grants and loans — of $19,889. Between 2019 and 2020, the average net price of Faulkner University grew by 0.505%.

This chart compares the average net price of Faulkner 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.

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Other Student Expenses

$7,850
Room and Board
$1,800
Books and Supplies

The average yearly cost of room and board at Faulkner University was of $7,850 in 2020. During the same period, the average yearly cost of books and supplies was $1,800. The cost of room and board decreased by 0.317% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

85%
Undergraduates Receiving Financial Aid through Grants
64%
Undergraduates Receiving Financial Aid through Loans

85% of undergraduate students at Faulkner University received financial aid through grants or loans in 2020. This represents a growth of 16.4% with respect to 2019, when 73% of undergraduate students received financial aid.

This chart compares the average award discount at Faulkner 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.

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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.
9.94%
2018 Default Rate
136
Number of Defaults

In 2018 the default rate for borrower's at Faulkner University was 9.94%, which represents 136 out of the 1368 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

Faulkner University received 1,572 undergraduate applications in 2020, which represents a 30% annual growth. Out of those 1,572 applicants, 1,191 students were accepted for enrollment, representing a 75.8% acceptance rate.

There were 2,961 students enrolled at Faulkner University in 2020, and 9% of first-time enrollees submitted SAT scores with their applications.

Faulkner University has an overall enrollment yield of 24.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75.8%
Acceptance Rate in 2020
1,191
Accepted Out of 1,572

In 2020, the undergraduate acceptance rate of Faulkner University was 75.8% (1,191 admissions from 1,572 applications). This is lower than the acceptance rate of 2019, which was 78.3%. Between 2019 and 2020, the number of applicants grew by 30%, while admissions grew by 25.8%.

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SAT Scores

9%
Submission Percentage
27
Scores Submitted

9% of enrolled first-time students at Faulkner University in 2020 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

Faulkner University has a total enrollment of 2,961 students. The full-time enrollment at Faulkner University is 1,988 students and the part-time enrollment is 973. This means that 67.1% of students enrolled at Faulkner University are enrolled full-time.

The enrolled student population at Faulkner University, both undergraduate and graduate, is 51% White, 37.4% Black or African American, 3.01% Hispanic or Latino, 2.23% Two or More Races, 1.25% Asian, 0.608% American Indian or Alaska Native, and 0.371% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Faulkner University in full-time Undergraduate programs are most commonly White Female (27.5%), followed by White Male (23.7%) and Black or African American Female (22.9%). Students enrolled in full-time Graduate programs are most commonly White Female (32.2%), followed by Black or African American Female (24.9%) and White Male (23.1%).

Full-Time vs Part-Time Enrollment

67.1%
Full-Time Enrollment

The total enrollment at Faulkner University, both undergraduate and graduate, is 2,961 students. The full-time enrollment at Faulkner University is 1,988 and the part-time enrollment is 973. This means that 67.1% of students enrolled at Faulkner University are enrolled full-time compared with 68.8% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

60%
2020 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 Faulkner University was 60%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Faulkner University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,509
  2. Black or African American
    1,106
  3. Hispanic or Latino
    89

The enrolled student population at Faulkner University is 51% White, 37.4% Black or African American, 3.01% Hispanic or Latino, 2.23% Two or More Races, 1.25% Asian, 0.608% American Indian or Alaska Native, and 0.371% 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 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 86 students (2.9%) did not report their race.

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Graduates

In 2020, 242 more women than men received degrees from Faulkner University. The most common race/ethnicity group of degree recipients at Faulkner University is white (427 degrees awarded). There were 1.19 times more white graduates than the next closest race/ethnicity group, black or african american (359 degrees).

The most common Bachelor's Degree concentration at Faulkner University is General Business Administration & Management (105 degrees awarded), followed by General Business (89 degrees) and Criminal Justice - Safety Studies (70 degrees).

The most specialized majors across all degree types at Faulkner University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (55 degrees awarded), Protective Services (118 degrees), and Business (424 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 Faulkner University are Accountants & auditors (1,026,652 people), Other managers (649,242 people), Financial managers (445,030 people), Chief executives & legislators (337,188 people), and Firstline supervisors of retail sales workers (275,696 people).

The most specialized majors at Faulkner University are Legal (55 degrees awarded), Protective Services (118 degrees), Business (424 degrees), Theology (12 degrees), and Parks, Recreation, & Leisure (18 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 Faulkner University are Physicians, Surgeons, Nuclear medicine technologists and medical dosimetrists, Nurse anesthetists, and Magnetic resonance imaging technologists

The most specialized majors at Faulkner University are Legal (55 degrees awarded), Protective Services (118 degrees), Business (424 degrees), Theology (12 degrees), and Parks, Recreation, & Leisure (18 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 Faulkner University are Elementary & secondary schools (543,216 people), Banking & related activities (477,408 people), Justice, public order, & safety activities (462,711 people), Computer Systems Design (427,858 people), and Insurance carriers (411,610 people).

The most specialized majors at Faulkner University are Legal (55 degrees awarded), Protective Services (118 degrees), Business (424 degrees), Theology (12 degrees), and Parks, Recreation, & Leisure (18 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 Faulkner University.
Most Common
  1. 105 degree-majorss awarded
  2. 89 degree-majorss awarded
  3. 70 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Faulkner University was General Business Administration & Management with 105 degrees awarded.

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

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Sex Breakdown for Common Majors

301
Degrees Awarded to Men
in 2020
543
Degrees Awarded to Women
in 2020

In 2020, 301 degrees were awarded to men at Faulkner University, which is 0.554 times less than the number of degrees awarded to females (543).

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

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Most Common Male Majors

In 2020, 68 degrees were awarded to men at Faulkner University in General Business Administration & Management, which is 0.562 times less than the 121 female recipients with that same degree.

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Most Common Female Majors

In 2020, 121 degrees were awarded to women at Faulkner University in General Business Administration & Management, which is 1.78 times more than the 68 male recipients with that same degree.

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Time to Complete

11%
100% Completion Time
26%
150% Completion Time

In 2020, 11% of students graduating from Faulkner University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 26% completed their degrees within 150% of the normal time, and 29% 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 Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Faulkner University is Female and Two or More Races (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).

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

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    427 degrees awarded
  2. Black or African American
    359 degrees awarded
  3. Hispanic or Latino
    17 degrees awarded

The most common race/ethnicity at Faulkner University is white (427 degrees awarded). There were 1.19 times more white recipients than the next closest race/ethnicity group, black or african american (359 degrees).

0.948% of degree recipients (8 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. Black or African American Female
    273 degrees awarded
  2. White Female
    248 degrees awarded
  3. White Male
    179 degrees awarded

The most common race/ethnicity and sex grouping at Faulkner University is black or african american female (273 degrees awarded). There were 1.1 times more black or african american female recipients than the next closest race/ethnicity group, white female (248 degrees).

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Operations

Faulkner University has an endowment valued at nearly $17.8M, as of the end of the 2020 fiscal year. The return on its endowment was of $531k (2.98%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Faulkner University had a total salary expenditure of $43.6M. Faulkner University employs 38 Professors, 31 Assistant professors, and 25 Lecturers. Most academics at Faulkner University are Male Professors (26), Female Assistant professors(21), and Male Associate professors (17).

The most common positions for non-instructional staff at Faulkner University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 51 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 37 employees, and Office and Administrative Support with 36 employees.

Finances

Endowment

$17.8M
2020 Endowment
3.53%
decline from 2019

Faulkner University has an endowment valued at about $17.8M, as of the end of the 2020 fiscal year. The endowment of Faulkner University declined 3.53% 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 Faulkner 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: Small Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $2.73M - Federal
  2. $0 - State
  3. $0 - Local

As of 2020, Faulkner University received $2.73M 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

$18.7M
2020 Salaries
0.289%
decline from 2019

In 2020, Faulkner University paid a median of $18.7M in salaries, which represents 42.8% of their overall expenditure ($43.6M) and a 0.289% decline from the previous year. This is compared to a 2.19% decline from 2018 and a 0.484% decline from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

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Instructional Salaries

$7.51M
Instructional Salaries
122
Number of Employees

In 2020, Faulkner University paid a total of $7.51M to 122 employees working as instructors, which represents 40.2% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
38 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
51 Employees

In 2020, the most common positions for instructional staff at Faulkner University were Professor with 38 employees; Assistant professor with 31 employees; and Assistant professor with 25 employees.

In 2020, the most common positions for non-instructional staff at Faulkner University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 51 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 37 employees; and Office and Administrative Support with 36 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male Professor
  2. Female Assistant professor
  3. Male Associate professor

In 2020, the most common demographic for instructional staff at Faulkner University was Male Professor with 26 employees, Female Assistant professor with 21 employees, and Male Associate professor with 17 employees.

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

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