Thomas College

www.thomas.edu/

Add Comparison

2021 Undergraduate Tuition

$28,110

2.52% growth from 2020

2021 Average Net Price

$22,031

After Financial Aid

2019 Student Loan

4.3%

Default Rate

2021 Enrolled Students

1,394

50.4% Full-Time

2021 Graduation Rate

51.4%

133 Graduates

About

Thomas College is a higher education institution located in Kennebec County, ME. In 2021, the most popular Bachelors Degree concentrations at Thomas College were General Business Administration & Management (38 degrees awarded), Criminal Justice - Law Enforcement Administration (28 degrees), and Forensic Psychology (21 degrees).

In 2021, 251 degrees were awarded across all undergraduate and graduate programs at Thomas College. 55% of these degrees were awarded to women, and 45% awarded men. The most common race/ethnicity group of degree recipients was white (217 degrees), 19.7 times more than then the next closest race/ethnicity group, black or african american (11 degrees).

The median undergraduate tuition at Thomas College is $28,110, which is $4,926 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Thomas College is $28,110, which is $4,926 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $22,031.

In 2021, 46% of undergraduate students attending Thomas College received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Tuition Costs

$28,110

2021 Undergraduate Tuition

In 2021, the cost of tuition at Thomas College was $28,110. The cost of tuition at Thomas College is $4,926 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

Average Net Price

$22,031

2021 Value

0.442%

1 Year Growth

In 2021 Thomas College had an average net price — the price paid after factoring in grants and loans — of $22,031. Between 2020 and 2021, the average net price of Thomas College grew by 0.442%.

This chart compares the average net price of Thomas College (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

$9,030

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Thomas College was of $9,030 in 2021. The cost of room and board increased by 0.781% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

46%

Undergraduates Receiving Financial Aid through Grants

39%

Undergraduates Receiving Financial Aid through Loans

46% of undergraduate students at Thomas College received financial aid through grants or loans in 2021. This represents a growth of 15% with respect to 2020, when 40% of undergraduate students received financial aid.

This chart compares the average award discount at Thomas College (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.

4.3%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Thomas College was 4.3%, which represents 13 out of the 302 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.

Enrollment

Thomas College had a total enrollment of 1,394 students in 2021. The full-time enrollment at Thomas College is 703 students and the part-time enrollment is 691. This means that 50.4% of students enrolled at Thomas College are enrolled full-time.

The enrolled student population at Thomas College, both undergraduate and graduate, is 85.4% White, 4.02% Two or More Races, 2.8% Black or African American, 1.58% Asian, 1.15% Hispanic or Latino, and 0.43% American Indian or Alaska Native.

Students enrolled at Thomas College in full-time Undergraduate programs are most commonly White Male (42.5%), followed by White Female (41.5%) and Black or African American Female (2.08%). Students enrolled in full-time Graduate programs are most commonly White Male (50%), followed by White Female (43.3%) and Black or African American Male (3.33%).

Full-Time vs Part-Time Enrollment

50.4%

Full-Time Enrollment

The total enrollment at Thomas College in 2021, both undergraduate and graduate, is 1,394 students. The full-time enrollment at Thomas College is 703 and the part-time enrollment is 691. This means that 50.4% of students enrolled at Thomas College are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

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

Retention Rate over Time

66%

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 Thomas College was 66%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Thomas College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,191 enrolled students
Two or More Races
56 enrolled students
Black or African American
39 enrolled students

The enrolled student population at Thomas College is 85.4% White, 4.02% Two or More Races, 2.8% Black or African American, 1.58% Asian, 1.15% Hispanic or Latino, and 0.43% 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 Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% 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, 52 students (3.73%) did not report their race.

Graduates

In 2021, 25 more women than men received degrees from Thomas College. The most common race/ethnicity group of degree recipients at Thomas College is white (217 degrees awarded). There were 19.7 times more white recipients than the next closest race/ethnicity group, black or african american (11 degrees).

The most common Bachelor's Degree concentration at Thomas College is General Business Administration & Management (38 degrees awarded), followed by Criminal Justice - Law Enforcement Administration (28 degrees) and Forensic Psychology (21 degrees).

In 2021, the most specialized majors across all degree types at Thomas College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Protective Services (28 degrees awarded), Psychology (38 degrees), and Parks, Recreation, & Leisure (13 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Thomas College are Accountants & auditors (1,067,700 people), Other managers (854,057 people), Software developers (611,211 people), Financial managers (501,362 people), and Chief executives & legislators (414,008 people).

The most specialized majors at Thomas College in 2021 are Protective Services (28 degrees awarded), Psychology (38 degrees), Parks, Recreation, & Leisure (13 degrees), Business (115 degrees), and Computer and Information Sciences and Support Services (20 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 Thomas College are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Nurse anesthetists

The most specialized majors at Thomas College are Protective Services (28 degrees awarded), Psychology (38 degrees), Parks, Recreation, & Leisure (13 degrees), Business (115 degrees), and Computer and Information Sciences and Support Services (20 degrees) (as of 2021).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Thomas College are Computer Systems Design (1,027,174 people), Elementary & secondary schools (915,950 people), Colleges, universities & professional schools, including junior colleges (582,469 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (576,250 people), and Banking & related activities (565,807 people).

Majors Awarded

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

Most Common (2021)

General Business Administration & Management
38 degree-majors awarded
Criminal Justice - Law Enforcement Administration
28 degree-majors awarded
Forensic Psychology
21 degree-majors awarded

In 2021, the most common bachelors degree concentration at Thomas College was General Business Administration & Management with 38 degrees awarded.

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

Sex Breakdown for Common Majors

113

Degrees Awarded to Men

in 2021

138

Degrees Awarded to Women

in 2021

In 2021, 113 degrees were awarded to men at Thomas College, which is 0.819 times less than the number of degrees awarded to females (138).

This chart displays the sex disparity between the top 5 majors at Thomas College by degrees awarded.

Most Common Male Majors

In 2021, 36 degrees were awarded to men at Thomas College in General Business Administration & Management, which is 1.38 times more than the 26 female recipients with that same degree.

Most Common Female Majors

In 2021, 26 degrees were awarded to men at Thomas College in General Business Administration & Management, which is 0.722 times less than the 36 male recipients with that same degree.

Time to Complete

43%

100% Completion Time

51%

150% Completion Time

In 2021, 43% of students graduating from Thomas College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 52% 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 Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Thomas College is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
217 degrees awarded
Black or African American
11 degrees awarded
Two or More Races
6 degrees awarded

The most common race/ethnicity at Thomas College is white (217 degrees awarded). There were 19.7 times more white recipients than the next closest race/ethnicity group, black or african american (11 degrees).

1.99% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
124 degrees awarded
White Male
93 degrees awarded
Black or African American Male
8 degrees awarded

The most common race/ethnicity and sex grouping at Thomas College is white female (124 degrees awarded). There were 1.33 times more white female recipients than the next closest race/ethnicity group, white male (93 degrees).

Operations

Thomas College has an endowment valued at nearly $20M, as of the end of the 2021 fiscal year. The return on its endowment was of 6.54M (32.7%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Thomas College had a total salary expenditure of 23.3M. Thomas College employs 12 Professors, 10 Associate professors and 10 Assistant professors. Most academics at Thomas College are Male Professor (9), Male Associate professor (6), and Male Assistant professor (6).

The most common positions for non-instructional staff at Thomas College are: Management, with 23 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 19 employees, and Office and Administrative Support with 16 employees.

Endowment

$20M

2021 Endowment

35.5%

growth from 2020

Thomas College has an endowment valued at about $20M, as of the end of the 2021 fiscal year. The endowment of Thomas College grew 35.5% from the previous year. The value of their endowment was $30.4M 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 Thomas College (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.

Salary Expenditure

$9.16M

2021 Salaries

3.62%

growth from 2020

In 2021, Thomas College paid a median of $9.16M in salaries, which represents 39.3% of their overall expenditure ($23.3M) and a 3.62% growth from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$2.14M

Instructional Salaries

Number of Employees

In 2021, Thomas College paid a total of $2.14M to 33 employees working as instructors, which represents 23.4% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

12 Employees

Management

Most Common Non-Instructional Employee

23 Employees

In 2021, the most common positions for instructional staff at Thomas College were Professor with 12 employees, Associate professor with 10 employees, and Assistant professor with 10 employees.

In 2021, the most common positions for non-instructional staff at Thomas College were Management with 23 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 19 employees, and Office and Administrative Support with 16 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Associate professor
Male Assistant professor

In 2021, the most common demographic for instructional staff at Thomas College was Male Professor with 9 employees, Male Associate professor with 6 employees, and Male Assistant professor with 6 employees.

This chart shows the sex split between each academic rank present at Thomas College.