Pace University

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2019 Undergraduate Tuition
$44,714
2.5% growth from 2018
2019 Average Net Price
$32,492
After Financial Aid
2017 Student Loan
4.81%
Default Rate
2019 Acceptance Rate
78.7%
22,411 Applicants
2019 Enrolled Students
13,395
77.5% Full-Time
2018 Graduation Rate
55.7%
1,010 Graduates

About

Pace University is a higher education institution located in New York County, NY. In 2016, the most popular Bachelor's Degree concentrations at Pace University were Registered Nursing (237 degrees awarded), General Finance (183 degrees), and Accounting (136 degrees).

In 2019, 3,628 degrees were awarded across all undergraduate and graduate programs at Pace University. 61% of these degrees were awarded to women, and 39% awarded men. The most common race/ethnicity group of degree recipients was white (1,614 degrees), 3.78 times more than then the next closest race/ethnicity group, hispanic or latino (427 degrees).

The median undergraduate tuition at Pace University is $44,714, which is $16,214 more than the national average for Doctoral Universities ($28,500).

Costs

The median undergraduate tuition at Pace University is $44,714, which is $16,214 more than the national average for Doctoral Universities ($28,500).

After taking grants and loans into account, the average net price for students is $32,492.

In 2019, 87% of undergraduate students received federal grants, while 51% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$44,714
2019 Undergraduate Tuition

In 2019, the cost of tuition at Pace University was $44,714. The cost of tuition at Pace University is $16,214 more than than the overall (public and private) national average for Doctoral Universities ($28,500).

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Average Net Price

$32,492
2019 Value
1.78%
1 Year Growth

In 2019 Pace University had an average net price — the price paid after factoring in grants and loans — of $32,492. Between 2018 and 2019, the average net price of Pace University grew by 1.78%.

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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

$19,152
Room and Board
$800
Books and Supplies

The average yearly cost of room and board at Pace University was of $19,152 in 2019. During the same period, the average yearly cost of books and supplies was $800. The cost of room and board increased by 4.2% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

87%
Of Undergraduates Receive Grants
51%
Of Undergraduates Receive Federal Loans

87% of undergraduate students at Pace University received grants or loans in 2019. This represents a growth of 0% with respect to 2018, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at Pace 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.
4.81%
2017 Default Rate
135
Number of Defaults

In 2017 the default rate for borrower's at Pace University was 4.81%, which represents 135 out of the 2805 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

Pace University received 22,411 undergraduate applications in 2019, which represents a 4.14% annual growth. Out of those 22,411 applicants, 17,640 students were accepted for enrollment, representing a 78.7% acceptance rate.

There were 13,395 students enrolled at Pace University in 2019, and 83% of first-time enrollees submitted SAT scores with their applications.

Pace University has an overall enrollment yield of 11%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.7%
Acceptance Rate in 2019
17,640
Accepted Out of 22,411

In 2019, the undergraduate acceptance rate of Pace University was 78.7% (17,640 admissions from 22,411 applications). This is higher than the acceptance rate of 2018, which was 75.9%. Between 2018 and 2019, the number of applicants grew by 4.14%, while admissions grew by 8.04%.

This chart compares the acceptance rate of Pace University (in red) with that of other similar universities.

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SAT Scores

83%
Submission Percentage
1,613
Scores Submitted

83% of enrolled first-time students at Pace University in 2019 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

Pace University has a total enrollment of 13,395 students. The full-time enrollment at Pace University is 10,376 students and the part-time enrollment is 3,019. This means that 77.5% of students enrolled at Pace University are enrolled full-time.

The enrolled student population at Pace University, both undergraduate and graduate, is 45.6% White, 12.3% Hispanic or Latino, 10.5% Black or African American, 7.47% Asian, 3.64% Two or More Races, 0.239% American Indian or Alaska Native, and 0.112% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Pace University in full-time Undergraduate programs are most commonly White Female (31.1%), followed by White Male (18.1%) and Hispanic or Latino Female (9.44%). Students enrolled in full-time Graduate programs are most commonly White Female (26.7%), followed by White Male (14.2%) and Hispanic or Latino Female (6.73%).

Full-Time vs Part-Time Enrollment

77.5%
Full-Time Enrollment

The total enrollment at Pace University, both undergraduate and graduate, is 13,395 students. The full-time enrollment at Pace University is 10,376 and the part-time enrollment is 3,019. This means that 77.5% of students enrolled at Pace University are enrolled full-time compared with 77.6% at similar Doctoral Universities.

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

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Retention Rate over Time

78%
2019 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 Pace University was 78%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Pace University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    6,108
  2. Hispanic or Latino
    1,653
  3. Black or African American
    1,408

The enrolled student population at Pace University is 45.6% White, 12.3% Hispanic or Latino, 10.5% Black or African American, 7.47% Asian, 3.64% Two or More Races, 0.239% American Indian or Alaska Native, and 0.112% 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 Doctoral Universities is 50.3% White, 14.3% Hispanic or Latino, and 9.48% 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, 937 students (7%) did not report their race.

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Graduates

In 2019, 800 more women than men received degrees from Pace University. The most common race/ethnicity group of degree recipients at Pace University is white (1,614 degrees awarded). There were 3.78 times more white graduates than the next closest race/ethnicity group, hispanic or latino (427 degrees).

The most common Bachelor's Degree concentration at Pace University is Registered Nursing (237 degrees awarded), followed by General Finance (183 degrees) and Accounting (136 degrees).

The most specialized majors across all degree types at Pace University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (210 degrees awarded), Communications (290 degrees), and Computer and Information Sciences and Support Services (483 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 Pace University are Software developers (552,016 people), Other managers (314,848 people), Elementary & middle school teachers (190,431 people), Lawyers, & judges, magistrates, & other judicial workers (164,460 people), and Postsecondary teachers (139,099 people).

The most specialized majors at Pace University are Legal (210 degrees awarded), Communications (290 degrees), Computer and Information Sciences and Support Services (483 degrees), Visual & Performing Arts (298 degrees), and History (50 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 Pace University are Surgeons, Agents & business managers of artists, performers, & athletes, Physicians, Architectural & engineering managers, and Dentists

The most specialized majors at Pace University are Legal (210 degrees awarded), Communications (290 degrees), Computer and Information Sciences and Support Services (483 degrees), Visual & Performing Arts (298 degrees), and History (50 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 Pace University are Computer Systems Design (692,519 people), Elementary & secondary schools (495,542 people), Colleges, universities & professional schools, including junior colleges (374,262 people), Management, scientific & technical consulting services (172,675 people), and Insurance carriers (163,217 people).

The most specialized majors at Pace University are Legal (210 degrees awarded), Communications (290 degrees), Computer and Information Sciences and Support Services (483 degrees), Visual & Performing Arts (298 degrees), and History (50 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 Pace University.
Most Common
  1. 237 degree-majorss awarded
  2. 183 degree-majorss awarded
  3. 136 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Pace University was Registered Nursing with 237 degrees awarded.

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

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Gender Breakdown for Common Majors

1,414
Degrees Awarded to Men
in 2019
2,214
Degrees Awarded to Women
in 2019

In 2019, 1,414 degrees were awarded to men at Pace University, which is 0.639 times less than the number of degrees awarded to females (2,214).

This chart displays the gender disparity between the top 5 majors at Pace University by degrees awarded.

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Most Common Male Majors

In 2019, 159 degrees were awarded to men at Pace University in General Finance, which is 1.99 times more than the 80 female recipients with that same degree.

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Most Common Female Majors

In 2019, 204 degrees were awarded to women at Pace University in Registered Nursing, which is 6.18 times more than the 33 male recipients with that same degree.

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Time to Complete

39%
100% Completion Time
53%
150% Completion Time

In 2019, 39% of students graduating from Pace University 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 Doctoral 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 Gender

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (67.5%)

The student demographic with the highest graduation rate at Pace University is Female and Asian (67.5% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (69.1%).

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, 11.6% of graduates (117 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    1,614 degrees awarded
  2. Hispanic or Latino
    427 degrees awarded
  3. Black or African American
    343 degrees awarded

The most common race/ethnicity at Pace University is white (1,614 degrees awarded). There were 3.78 times more white recipients than the next closest race/ethnicity group, hispanic or latino (427 degrees).

3.22% of degree recipients (117 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    1,001 degrees awarded
  2. White Male
    613 degrees awarded
  3. Hispanic or Latino Female
    275 degrees awarded

The most common race/ethnicity and gender grouping at Pace University is white female (1,001 degrees awarded). There were 1.63 times more white female recipients than the next closest race/ethnicity group, white male (613 degrees).

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Operations

Pace University has an endowment valued at nearly $193M, as of the end of the 2019 fiscal year. The return on its endowment was of $17.1M (8.84%), compared to the 4.24% average return ($13.2M on $311M) across all Doctoral Universities.

In 2019, Pace University had a total salary expenditure of $382M. Pace University employs 195 Professors, 141 Associate professors, and 111 Assistant professors. Most academics at Pace University are Male Professors (110), Female Professors(85), and Female Associate professors (84).

The most common positions for non-instructional staff at Pace University are: Management, with 290 employees, Office and Administrative Support, with 261 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 174 employees.

Finances

Endowment

$193M
2019 Endowment
6.16%
growth from 2018

Pace University has an endowment valued at about $193M, as of the end of the 2019 fiscal year. The endowment of Pace University grew 6.16% from the previous year. The value of their endowment was $118M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Moderate Research Activity Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $7.13M - Federal
  2. $1.15M - State
  3. $341k - Local

As of 2019, Pace University received $7.13M in grants and contracts from the federal government, $1.15M from state grants and contracts, and $341k from local grants and contracts.

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Expenses

Salary Expenditure

$165M
2019 Salaries
1.06%
growth from 2018

In 2019, Pace University paid a median of $165M in salaries, which represents 43.3% of their overall expenditure ($382M) and a 1.06% growth from the previous year. This is compared to a 2.34% growth from 2017 and a 4.01% growth from 2016.

The median for similar Doctoral Universities is 234M (42.4% of overall expenditures).

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Instructional Salaries

$55M
Instructional Salaries
489
Number of Employees

In 2019, Pace University paid a total of $55M to 489 employees working as instructors, which represents 33.2% of all salaries paid.

This is compared to a median of $71.1M (30.3%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
195 Employees
Management
Most Common Non-Instructional Employee
290 Employees

In 2019, the most common positions for instructional staff at Pace University were Professor with 195 employees; Associate professor with 141 employees; and Associate professor with 111 employees.

In 2019, the most common positions for non-instructional staff at Pace University were Management with 290 employees; Office and Administrative Support with 261 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 174 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Pace University was Male Professor with 110 employees, Female Professor with 85 employees, and Female Associate professor with 84 employees.

This chart shows the gender split between each academic rank present at Pace University.

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