Florida Memorial University

www.fmuniv.edu/

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2021 Undergraduate Tuition

$12,576

2021 Average Net Price

$17,486

After Financial Aid

2019 Student Loan

7.47%

Default Rate

2021 Acceptance Rate

56.8%

3,501 Applicants

2021 Enrolled Students

1,028

87.9% Full-Time

2021 Graduation Rate

32%

116 Graduates

About

Florida Memorial University is a higher education institution located in Miami-Dade County, FL. In 2021, the most popular Bachelors Degree concentrations at Florida Memorial University were Criminal Justice - Law Enforcement Administration (22 degrees awarded), General Psychology (20 degrees), and General Business Administration & Management (20 degrees).

In 2021, 197 degrees were awarded across all undergraduate and graduate programs at Florida Memorial University. 69% of these degrees were awarded to women, and 31% awarded men. The most common race/ethnicity group of degree recipients was black or african american (137 degrees), 7.61 times more than then the next closest race/ethnicity group, hispanic or latino (18 degrees).

The median undergraduate tuition at Florida Memorial University is $12,576, which is $−15,929 less than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Florida Memorial University is $12,576, which is $−15,929 less than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $17,486.

In 2021, 90% of undergraduate students attending Florida Memorial University received financial aid through grants. Comparatively, 59% of undergraduate students received financial aid through loans.

Tuition Costs

$12,576

2021 Undergraduate Tuition

In 2021, the cost of tuition at Florida Memorial University was $12,576. The cost of tuition at Florida Memorial University is $−15,929 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$17,486

2021 Value

8.52%

1 Year Growth

In 2021 Florida Memorial University had an average net price — the price paid after factoring in grants and loans — of $17,486. Between 2020 and 2021, the average net price of Florida Memorial University grew by 8.52%.

This chart compares the average net price of Florida Memorial 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

$9,138

Room and Board

$2,500

Books and Supplies

The average yearly cost of room and board at Florida Memorial University was of $9,138 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $2,500. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

59%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Florida Memorial University received financial aid through grants or loans in 2021. This represents a decline of 5.26% with respect to 2020, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Florida Memorial 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.

7.47%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Florida Memorial University was 7.47%, which represents 39 out of the 522 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

Florida Memorial University received 3,501 undergraduate applications in 2021, which represents a 10.9% annual growth. Out of those 3,501 applicants, 1,987 students were accepted for enrollment, representing a 56.8% acceptance rate.

There were 1,028 students enrolled at Florida Memorial University in 2021.

Florida Memorial University has an overall enrollment yield of 16.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

56.8%

Acceptance Rate in 2021

1,987

Accepted Out of 3,501

In 2021, the undergraduate acceptance rate of Florida Memorial University was 56.8% (1,987 admissions from 3,501 applications). This is higher than the acceptance rate of 2020, which was 38.4%. Between 2020 and 2021, the number of applicants grew by 10.9%, while admissions grew by 31.7%..

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

Enrollment

Florida Memorial University had a total enrollment of 1,028 students in 2021. The full-time enrollment at Florida Memorial University is 904 students and the part-time enrollment is 124. This means that 87.9% of students enrolled at Florida Memorial University are enrolled full-time.

The enrolled student population at Florida Memorial University, both undergraduate and graduate, is 54.8% Black or African American, 8.37% Hispanic or Latino, 0.681% White, 0.584% Two or More Races, 0.0973% Asian, and 0.0973% American Indian or Alaska Native.

Students enrolled at Florida Memorial University in full-time Undergraduate programs are most commonly Black or African American Female (27%), followed by Black or African American Male (25.8%) and Hispanic or Latino Male (4.09%). Students enrolled in full-time Graduate programs are most commonly Black or African American Female (33.3%), followed by Black or African American Male (29.2%) and Hispanic or Latino Female (12.5%).

Full-Time vs Part-Time Enrollment

87.9%

Full-Time Enrollment

The total enrollment at Florida Memorial University in 2021, both undergraduate and graduate, is 1,028 students. The full-time enrollment at Florida Memorial University is 904 and the part-time enrollment is 124. This means that 87.9% of students enrolled at Florida Memorial 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 Florida Memorial University (in red) compares to similar universities.

Retention Rate over Time

51%

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 Florida Memorial University was 51%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Florida Memorial University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Black or African American
563 enrolled students
Hispanic or Latino
86 enrolled students
White
7 enrolled students

The enrolled student population at Florida Memorial University is 54.8% Black or African American, 8.37% Hispanic or Latino, 0.681% White, 0.584% Two or More Races, 0.0973% Asian, and 0.0973% American Indian or Alaska Native. 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, 184 students (17.9%) did not report their race.

Graduates

In 2021, 75 more women than men received degrees from Florida Memorial University. The most common race/ethnicity group of degree recipients at Florida Memorial University is black or african american (137 degrees awarded). There were 7.61 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (18 degrees).

The most common Bachelor's Degree concentration at Florida Memorial University is Criminal Justice - Law Enforcement Administration (22 degrees awarded), followed by General Psychology (20 degrees) and General Business Administration & Management (20 degrees).

In 2021, the most specialized majors across all degree types at Florida Memorial University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Transportation (12 degrees awarded), Legal (17 degrees), and Protective Services (22 degrees).

Common Jobs by Major

Social workers, all other

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Florida Memorial University are Social workers, all other (256,534 people), Other managers (156,952 people), Elementary & middle school teachers (147,193 people), Police officers (145,148 people), and Lawyers, & judges, magistrates, & other judicial workers (98,476 people).

The most specialized majors at Florida Memorial University in 2021 are Transportation (12 degrees awarded), Legal (17 degrees), Protective Services (22 degrees), Public Administration and Social Service (11 degrees), and Psychology (20 degrees) (as of 2021).

Highest Paying Jobs by Major

Physicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Florida Memorial University are Physicians, Surgeons, Aircraft pilots & flight engineers, Personal financial advisors, and Lawyers, & judges, magistrates, & other judicial workers

The most specialized majors at Florida Memorial University are Transportation (12 degrees awarded), Legal (17 degrees), Protective Services (22 degrees), Public Administration and Social Service (11 degrees), and Psychology (20 degrees) (as of 2021).

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 Florida Memorial University are Elementary & secondary schools (446,260 people), Justice, public order, & safety activities (392,687 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (241,259 people), Individual & family services (234,848 people), and Colleges, universities & professional schools, including junior colleges (209,722 people).

Majors Awarded

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

Most Common (2021)

Criminal Justice - Law Enforcement Administration
22 degrees awarded
General Psychology
20 degrees awarded
General Business Administration & Management
20 degrees awarded

In 2021, the most common bachelors degree concentration at Florida Memorial University was Criminal Justice - Law Enforcement Administration with 22 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

136

Degrees Awarded to Women

in 2021

In 2021, 61 degrees were awarded to men at Florida Memorial University, which is 0.449 times less than the number of degrees awarded to females (136).

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

Most Common Male Majors

In 2021, 11 degrees were awarded to men at Florida Memorial University in General Business Administration & Management, which is 1.22 times more than the 9 female recipients with that same degree.

Most Common Female Majors

In 2021, 17 degrees were awarded to men at Florida Memorial University in General Psychology, which is 5.67 times more than the 3 male recipients with that same degree.

Time to Complete

20%

100% Completion Time

36%

150% Completion Time

In 2021, 20% of students graduating from Florida Memorial University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 36% completed their degrees within 150% of the normal time, and 38% 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 Female

Highest Graduation Rate (83.3%)

The student demographic with the highest graduation rate in 2021 at Florida Memorial University is Female and Hispanic or Latino (83.3% 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, 12.1% of graduates (14 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

Black or African American
137 degrees awarded
Hispanic or Latino
18 degrees awarded
Native Hawaiian or Other Pacific Islanders
2 degrees awarded

The most common race/ethnicity at Florida Memorial University is black or african american (137 degrees awarded). There were 7.61 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (18 degrees).

7.61% of degree recipients (15 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Female
98 degrees awarded
Black or African American Male
39 degrees awarded
Hispanic or Latino Male
12 degrees awarded

The most common race/ethnicity and sex grouping at Florida Memorial University is black or african american female (98 degrees awarded). There were 2.51 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (39 degrees).

Operations

Florida Memorial University has an endowment valued at nearly $6.01M, as of the end of the 2021 fiscal year. The return on its endowment was of 1.45M (24.2%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Florida Memorial University had a total salary expenditure of 44.1M. Florida Memorial University employs 26 Associate professors, 23 Assistant professors and 10 Instructors. Most academics at Florida Memorial University are Male Associate professor (13), Female Associate professor (13), and Male Assistant professor (13).

The most common positions for non-instructional staff at Florida Memorial University are: Office and Administrative Support, with 67 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 48 employees, and Service with 48 employees.

Endowment

$6.01M

2021 Endowment

34.5%

growth from 2020

Florida Memorial University has an endowment valued at about $6.01M, as of the end of the 2021 fiscal year. The endowment of Florida Memorial University grew 34.5% from the previous year. The value of their endowment was $46.4M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Florida Memorial 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: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$13.9M

2021 Salaries

24.6%

growth from 2020

In 2021, Florida Memorial University paid a median of $13.9M in salaries, which represents 31.5% of their overall expenditure ($44.1M) and a 24.6% growth from the previous year.

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

Instructional Salaries

$4.38M

Instructional Salaries

Number of Employees

In 2021, Florida Memorial University paid a total of $4.38M to 65 employees working as instructors, which represents 31.5% of all salaries paid.

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

Occupations by Share

Associate professor

Most Common Instructor

26 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

67 Employees

In 2021, the most common positions for instructional staff at Florida Memorial University were Associate professor with 26 employees, Assistant professor with 23 employees, and Instructor with 10 employees.

In 2021, the most common positions for non-instructional staff at Florida Memorial University were Office and Administrative Support with 67 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 48 employees, and Service with 48 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Associate professor
Female Associate professor
Male Assistant professor

In 2021, the most common demographic for instructional staff at Florida Memorial University was Male Associate professor with 13 employees, Female Associate professor with 13 employees, and Male Assistant professor with 13 employees.

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