Franklin Pierce University

www.franklinpierce.edu

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2022 Undergraduate Tuition

$39,055

2.51% growth from 2021

2022 Average Net Price

$28,434

After Financial Aid

2019 Default Rate

1.86%

on Student Loans

2022 Acceptance Rate

92.7%

3,145 Applicants

2022 Enrolled Students

1,663

82.4% Full-Time

2022 Graduation Rate

51.7%

328 Graduates

About

Franklin Pierce University is a higher education institution located in Cheshire County, NH. In 2022, the most popular Professional Doctorate concentrations at Franklin Pierce University were Physical Therapy (78 degrees awarded).

In 2022, 551 degrees were awarded across all undergraduate and graduate programs at Franklin Pierce University. 60.1% of these degrees were awarded to women, and 39.9% awarded men. The most common race/ethnicity group of degree recipients was white (428 degrees), 12.2 times more than then the next closest race/ethnicity group, hispanic or latino (35 degrees).

The median undergraduate tuition at Franklin Pierce University is $39,055, which is $15,059 more than the national average for Masters Colleges and Universities ($23,996).

In 2019 the default rate for borrower's at Franklin Pierce University was 1.86%, corresponding to 15 out of the 806 total borrowers.

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2022, the median undergraduate tuition at Franklin Pierce University is $39,055, which is $15,059 more than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $28,434.

In 2022, 100% of undergraduate students attending Franklin Pierce University received financial aid through grants. Comparatively, 74% of undergraduate students received financial aid through loans.

Tuition Costs

$39,055

2022 Undergraduate Tuition

In 2022, the cost of tuition at Franklin Pierce University was $39,055. The cost of tuition at Franklin Pierce University is $15,059 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

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

Average Net Price

$28,434

2022 Value

1.98%

1 Year Growth

In 2022 Franklin Pierce University had an average net price — the price paid after factoring in grants and loans — of $28,434. Between 2021 and 2022, the average net price of Franklin Pierce University grew by 1.98%.

This chart compares the average net price of Franklin Pierce 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

$14,890

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at Franklin Pierce University was of $14,890 in 2022. The cost of room and board increased by 3.21% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,300. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

100%

Undergraduates Receiving Financial Aid through Grants

74%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Franklin Pierce University received financial aid through grants or loans in 2022. This represents a growth of 5.26% with respect to 2021, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Franklin Pierce 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.

1.86%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Franklin Pierce University was 1.86%, which represents 15 out of the 806 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

Franklin Pierce University received 3,145 undergraduate applications in 2022, which represents a 4.84% annual growth. Out of those 3,145 applicants, 2,916 students were accepted for enrollment, representing a 92.7% acceptance rate.

There were 1,663 students enrolled at Franklin Pierce University in 2022. 17% of first-time enrollees submitted SAT scores with their applications.

Franklin Pierce University has an overall enrollment yield of 10.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

92.7%

Acceptance Rate in 2022

2,916

Accepted Out of 3,145

In 2022, the undergraduate acceptance rate of Franklin Pierce University was 92.7% (2,916 admissions from 3,145 applications). This is higher than the acceptance rate of 2021, which was 88.5%. Between 2021 and 2022, the number of applicants declined by 4.84%, while admissions declined by 0.342%.

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

SAT Scores

17%

Submission Percentage (2022)

Scores Submitted (2022)

17% of enrolled first-time students at Franklin Pierce University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Franklin Pierce University had a total enrollment of 1,663 students in 2022. The full-time enrollment at Franklin Pierce University is 1,370 students and the part-time enrollment is 293. This means that 82.4% of students enrolled at Franklin Pierce University are enrolled full-time.

The enrolled student population at Franklin Pierce University, both undergraduate and graduate, is 71.3% White, 9.8% Hispanic or Latino, 5.17% Black or African American, 2.95% Two or More Races, 2.77% Asian, 0.361% American Indian or Alaska Native, and 0.12% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Franklin Pierce University in full-time Undergraduate programs are most commonly White Female (42.2%), followed by White Male (31%) and Hispanic or Latino Male (4.81%). Students enrolled in full-time Graduate programs are most commonly White Female (46.9%), followed by White Male (20.6%) and Hispanic or Latino Male (6.97%).

Full-Time vs Part-Time Enrollment

82.4%

Full-Time Enrollment

The total enrollment at Franklin Pierce University in 2022, both undergraduate and graduate, is 1,663 students. The full-time enrollment at Franklin Pierce University is 1,370 and the part-time enrollment is 293. This means that 82.4% of students enrolled at Franklin Pierce University are enrolled full-time compared with N/A% at similar Masters Colleges and Universities.

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

Retention Rate over Time

74%

2022 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 Franklin Pierce University was 74%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Franklin Pierce University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
1,185 enrolled students
Hispanic or Latino
163 enrolled students
Black or African American
86 enrolled students

The enrolled student population at Franklin Pierce University is 71.3% White, 9.8% Hispanic or Latino, 5.17% Black or African American, 2.95% Two or More Races, 2.77% Asian, 0.361% American Indian or Alaska Native, and 0.12% 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 51.2% White, 17.3% 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, 60 students (3.61%) did not report their race.

Graduates

In 2022, 111 more women than men received degrees from Franklin Pierce University. The most common race/ethnicity group of degree recipients at Franklin Pierce University is white (428 degrees awarded). There were 12.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (35 degrees).

The most common Professional Doctorate concentration at Franklin Pierce University is Physical Therapy (78 degrees awarded).

In 2022, the most specialized majors across all degree types at Franklin Pierce University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (26 degrees awarded), Health (230 degrees), and Protective Services (26 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Franklin Pierce University are Registered nurses (1,498,291 people), Accountants & auditors (1,046,729 people), Other managers (783,333 people), Financial managers (502,794 people), and Chief executives & legislators (394,350 people).

The most specialized majors at Franklin Pierce University in 2022 are Parks, Recreation, & Leisure (26 degrees awarded), Health (230 degrees), Protective Services (26 degrees), Business (119 degrees), and Legal (8 degrees) (as of 2022).

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 Franklin Pierce University are Surgeons, Physicians, Photographic process workers & processing machine operators, Nurse anesthetists, and Magnetic resonance imaging technologists

The most specialized majors at Franklin Pierce University are Parks, Recreation, & Leisure (26 degrees awarded), Health (230 degrees), Protective Services (26 degrees), Business (119 degrees), and Legal (8 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Franklin Pierce University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,857,444 people), Elementary & secondary schools (788,383 people), Computer Systems Design (539,897 people), Justice, public order, & safety activities (517,921 people), and Colleges, universities & professional schools, including junior colleges (506,100 people).

Majors Awarded

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

Most Common (2022)

General Health Services
68 degrees awarded
General Business Administration & Management
36 degrees awarded
Criminal Justice - Law Enforcement Administration
26 degrees awarded

In 2022, the most common bachelors degree concentration at Franklin Pierce University was General Health Services with 68 degrees awarded.

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

Sex Breakdown for Common Majors

220

Degrees Awarded to Men

in 2022

331

Degrees Awarded to Women

in 2022

In 2022, 220 degrees were awarded to men at Franklin Pierce University, which is 0.665 times less than the number of degrees awarded to females (331).

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

Most Common Male Majors

In 2022, 33 degrees were awarded to men at Franklin Pierce University in Physical Therapy, which is 0.733 times less than the 45 female recipients with that same degree.

Most Common Female Majors

In 2022, 49 degrees were awarded to men at Franklin Pierce University in General Health Services, which is 2.58 times more than the 19 male recipients with that same degree.

Time to Complete

47%

100% Completion Time

52%

150% Completion Time

In 2022, 47% of students graduating from Franklin Pierce University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 53% 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 (75%)

The student demographic with the highest graduation rate in 2022 at Franklin Pierce University is Male and Asian (75% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

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, 3.66% of graduates (12 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
428 degrees awarded
Hispanic or Latino
35 degrees awarded
Black or African American
25 degrees awarded

The most common race/ethnicity at Franklin Pierce University is white (428 degrees awarded). There were 12.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (35 degrees).

3.45% of degree recipients (19 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
270 degrees awarded
White Male
158 degrees awarded
Hispanic or Latino Female
20 degrees awarded

The most common race/ethnicity and sex grouping at Franklin Pierce University is white female (270 degrees awarded). There were 1.71 times more white female recipients than the next closest race/ethnicity group, white male (158 degrees).

Operations

Franklin Pierce University has an endowment valued at nearly $21.2M, as of the end of the 2022 fiscal year. The return on its endowment was of −1.94M (−9.16%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Franklin Pierce University had a total salary expenditure of 53.6M. Franklin Pierce University employs 38 Assistant professors, 30 Associate professors and 16 Professors. Most academics at Franklin Pierce University are Female Assistant professor (25), Female Associate professor (16), and Male Associate professor (14).

The most common positions for non-instructional staff at Franklin Pierce University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 34 employees, Management, with 33 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 33 employees.

Endowment

$21.2M

2022 Endowment

5.87%

decline from 2021

This line chart shows how the endowment at Franklin Pierce 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: Medium Programs Carnegie Classification grouping.

Salary Expenditure

$20.1M

2022 Salaries

3.47%

growth from 2021

In 2022, Franklin Pierce University paid a median of $20.1M in salaries, which represents 37.5% of their overall expenditure ($53.6M) and a 3.47% growth from the previous year. This is compared to a 1.28% decline between 2020 and 2021, and a 1.09% decline between 2019 and 2020.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$6.66M

Instructional Salaries

Number of Employees

In 2022, Franklin Pierce University paid a total of $6.66M to 86 employees working as instructors, which represents 33.2% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

38 Employees

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

Most Common Non-Instructional Employee

34 Employees

In 2022, the most common positions for instructional staff at Franklin Pierce University were Assistant professor with 38 employees, Associate professor with 30 employees, and Professor with 16 employees.

In 2022, the most common positions for non-instructional staff at Franklin Pierce University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 34 employees, Management with 33 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 33 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Assistant professor
Female Associate professor
Male Associate professor

In 2022, the most common demographic for instructional staff at Franklin Pierce University was Female Assistant professor with 25 employees, Female Associate professor with 16 employees, and Male Associate professor with 14 employees.

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

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