Faulkner University

www.faulkner.edu/

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2021 Undergraduate Tuition

$21,500

2.38% growth from 2020

2021 Average Net Price

$19,439

After Financial Aid

2019 Student Loan

2.9%

Default Rate

2021 Acceptance Rate

64.6%

1,791 Applicants

2021 Enrolled Students

2,874

71.2% Full-Time

2021 Graduation Rate

16.6%

46 Graduates

About

Faulkner University is a higher education institution located in Montgomery County, AL. In 2021, the most popular Masters Degree concentrations at Faulkner University were General Business Administration & Management (195 degrees awarded), Management Science (75 degrees), and Criminal Justice - Law Enforcement Administration (71 degrees).

In 2021, 878 degrees were awarded across all undergraduate and graduate programs at Faulkner University. 64.9% of these degrees were awarded to women, and 35.1% awarded men. The most common race/ethnicity group of degree recipients was white (422 degrees), 1.11 times more than then the next closest race/ethnicity group, black or african american (379 degrees).

The median undergraduate tuition at Faulkner University is $21,500, which is $−1,684 less 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 Faulkner University is $21,500, which is $−1,684 less 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 $19,439.

In 2021, 77% of undergraduate students attending Faulkner University received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

Tuition Costs

$21,500

2021 Undergraduate Tuition

In 2021, the cost of tuition at Faulkner University was $21,500. The cost of tuition at Faulkner University is $−1,684 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

Average Net Price

$19,439

2021 Value

2.26%

1 Year Growth

In 2021 Faulkner University had an average net price — the price paid after factoring in grants and loans — of $19,439. Between 2020 and 2021, the average net price of Faulkner University grew by 2.26%.

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.

Other Student Expenses

$8,150

Room and Board

$1,800

Books and Supplies

The average yearly cost of room and board at Faulkner University was of $8,150 in 2021. The cost of room and board increased by 3.82% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,800. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

77%

Undergraduates Receiving Financial Aid through Grants

60%

Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at Faulkner University received financial aid through grants or loans in 2021. This represents a decline of 9.41% with respect to 2020, when 85% 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.

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.

2.9%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Faulkner University was 2.9%, which represents 36 out of the 1242 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

Faulkner University received 1,791 undergraduate applications in 2021, which represents a 13.9% annual growth. Out of those 1,791 applicants, 1,157 students were accepted for enrollment, representing a 64.6% acceptance rate.

There were 2,874 students enrolled at Faulkner University in 2021. 12% of first-time enrollees submitted SAT scores with their applications.

Faulkner University has an overall enrollment yield of 20.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

64.6%

Acceptance Rate in 2021

1,157

Accepted Out of 1,791

In 2021, the undergraduate acceptance rate of Faulkner University was 64.6% (1,157 admissions from 1,791 applications). This is lower than the acceptance rate of 2020, which was 75.8%. Between 2020 and 2021, the number of applicants grew by 13.9%, while admissions declined by −2.85%..

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

SAT Scores

12%

Submission Percentage (2021)

Scores Submitted (2021)

12% of enrolled first-time students at Faulkner University in 2021 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.

Enrollment

Faulkner University had a total enrollment of 2,874 students in 2021. The full-time enrollment at Faulkner University is 2,047 students and the part-time enrollment is 827. This means that 71.2% of students enrolled at Faulkner University are enrolled full-time.

The enrolled student population at Faulkner University, both undergraduate and graduate, is 49% White, 36% Black or African American, 3.48% Native Hawaiian or Other Pacific Islanders, 2.92% Hispanic or Latino, 2.12% Two or More Races, 1.57% Asian, and 0.452% American Indian or Alaska Native.

Students enrolled at Faulkner University in full-time Undergraduate programs are most commonly White Female (27.7%), followed by White Male (21.7%) and Black or African American Female (21.5%). Students enrolled in full-time Graduate programs are most commonly White Female (34.5%), followed by Black or African American Female (24.7%) and White Male (23%).

Full-Time vs Part-Time Enrollment

71.2%

Full-Time Enrollment

The total enrollment at Faulkner University in 2021, both undergraduate and graduate, is 2,874 students. The full-time enrollment at Faulkner University is 2,047 and the part-time enrollment is 827. This means that 71.2% of students enrolled at Faulkner University 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 Faulkner University (in red) compares to similar universities.

Retention Rate over Time

64%

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 Faulkner University was 64%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,409 enrolled students
Black or African American
1,035 enrolled students
Native Hawaiian or Other Pacific Islanders
100 enrolled students

The enrolled student population at Faulkner University is 49% White, 36% Black or African American, 3.48% Native Hawaiian or Other Pacific Islanders, 2.92% Hispanic or Latino, 2.12% Two or More Races, 1.57% Asian, and 0.452% 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, 71 students (2.47%) did not report their race.

Graduates

In 2021, 262 more women than men received degrees from Faulkner University. The most common race/ethnicity group of degree recipients at Faulkner University is white (422 degrees awarded). There were 1.11 times more white recipients than the next closest race/ethnicity group, black or african american (379 degrees).

The most common Masters Degree concentration at Faulkner University is General Business Administration & Management (195 degrees awarded), followed by Management Science (75 degrees) and Criminal Justice - Law Enforcement Administration (71 degrees).

In 2021, 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 Protective Services (149 degrees awarded), Legal (61 degrees), and Business (465 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 Faulkner University are Accountants & auditors (1,047,735 people), Other managers (750,104 people), Financial managers (482,018 people), Chief executives & legislators (382,405 people), and Elementary & middle school teachers (299,474 people).

The most specialized majors at Faulkner University in 2021 are Protective Services (149 degrees awarded), Legal (61 degrees), Business (465 degrees), THEOLOGY AND RELIGIOUS VOCATIONS. (10 degrees), and Psychology (33 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 Faulkner University are Surgeons, Physicians, Cardiovascular technologists and technicians, Nuclear medicine technologists and medical dosimetrists, and Magnetic resonance imaging technologists

The most specialized majors at Faulkner University are Protective Services (149 degrees awarded), Legal (61 degrees), Business (465 degrees), THEOLOGY AND RELIGIOUS VOCATIONS. (10 degrees), and Psychology (33 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 Faulkner University are Elementary & secondary schools (818,116 people), Justice, public order, & safety activities (527,024 people), Computer Systems Design (510,560 people), Banking & related activities (503,735 people), and Colleges, universities & professional schools, including junior colleges (488,181 people).

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 (2021)

General Business Administration & Management
195 degree-majors awarded
Management Science
75 degree-majors awarded
Criminal Justice - Law Enforcement Administration
71 degree-majors awarded

In 2021, the most common masters degree concentration at Faulkner University was General Business Administration & Management with 195 degrees awarded.

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

Sex Breakdown for Common Majors

308

Degrees Awarded to Men

in 2021

570

Degrees Awarded to Women

in 2021

In 2021, 308 degrees were awarded to men at Faulkner University, which is 0.54 times less than the number of degrees awarded to females (570).

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

Most Common Male Majors

In 2021, 90 degrees were awarded to men at Faulkner University in General Business Administration & Management, which is 0.508 times less than the 177 female recipients with that same degree.

Most Common Female Majors

In 2021, 177 degrees were awarded to men at Faulkner University in General Business Administration & Management, which is 1.97 times more than the 90 male recipients with that same degree.

Time to Complete

14%

100% Completion Time

32%

150% Completion Time

In 2021, 14% of students graduating from Faulkner University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 32% completed their degrees within 150% of the normal time, and 34% 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.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Faulkner University is Female and American Indian or Alaska Native (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.

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, 4.35% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
422 degrees awarded
Black or African American
379 degrees awarded
Hispanic or Latino
24 degrees awarded

The most common race/ethnicity at Faulkner University is white (422 degrees awarded). There were 1.11 times more white recipients than the next closest race/ethnicity group, black or african american (379 degrees).

2.28% of degree recipients (20 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Female
288 degrees awarded
White Female
242 degrees awarded
White Male
180 degrees awarded

The most common race/ethnicity and sex grouping at Faulkner University is black or african american female (288 degrees awarded). There were 1.19 times more black or african american female recipients than the next closest race/ethnicity group, white female (242 degrees).

Operations

Faulkner University has an endowment valued at nearly $21.3M, as of the end of the 2021 fiscal year. The return on its endowment was of 4.19M (19.6%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Faulkner University had a total salary expenditure of 46.6M. Faulkner University employs 40 Professors, 38 Assistant professors and 26 Associate professors. Most academics at Faulkner University are Female Assistant professor (29), Male Professor (27), and Male Associate professor (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 34 employees, and Office and Administrative Support with 33 employees.

Endowment

$21.3M

2021 Endowment

19.6%

growth from 2020

Faulkner University has an endowment valued at about $21.3M, as of the end of the 2021 fiscal year. The endowment of Faulkner University grew 19.6% from the previous year. The value of their endowment was $29.1M 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.

Salary Expenditure

$18.9M

2021 Salaries

0.958%

growth from 2020

In 2021, Faulkner University paid a median of $18.9M in salaries, which represents 40.4% of their overall expenditure ($46.6M) and a 0.958% growth from the previous year.

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

Instructional Salaries

$8.48M

Instructional Salaries

129

Number of Employees

In 2021, Faulkner University paid a total of $8.48M to 129 employees working as instructors, which represents 44.9% 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

40 Employees

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

Most Common Non-Instructional Employee

51 Employees

In 2021, the most common positions for instructional staff at Faulkner University were Professor with 40 employees, Assistant professor with 38 employees, and Associate professor with 26 employees.

In 2021, 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 34 employees, and Office and Administrative Support with 33 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Assistant professor
Male Professor
Male Associate professor

In 2021, the most common demographic for instructional staff at Faulkner University was Female Assistant professor with 29 employees, Male Professor with 27 employees, and Male Associate professor with 17 employees.

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