Faulkner University

www.faulkner.edu

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2024 Undergraduate Tuition

$21,930

2024 Average Net Price

$19,920

After Financial Aid

2024 Acceptance Rate

73.1%

1,073 Applicants

2024 Enrolled Students

3,086

71.5% Full-Time

2024 Graduation Rate

38.5%

95 Graduates

About

Faulkner University is a higher education institution located in Montgomery County, AL. In 2024, the most popular Masters Degree concentrations at Faulkner University were General Business Administration & Management (124 degrees awarded), Management Science (58 degrees), and Physician Assistant (46 degrees).

In 2024, 875 degrees were awarded across all undergraduate and graduate programs at Faulkner University. 59.8% of these degrees were awarded to women, and 40.2% awarded men. The most common race/ethnicity group of degree recipients was white (487 degrees), 1.77 times more than then the next closest race/ethnicity group, black or african american (275 degrees).

The median undergraduate tuition at Faulkner University is $21,930, which is $−2,070 less than the national average for Masters Colleges and Universities ($24,000).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Faulkner University is $21,930, which is $2,070 less than the national average for Masters Colleges and Universities ($24,000).

After taking grants and loans into account, the average net price for students is $19,920.

In 2024, 56% of undergraduate students attending Faulkner University received financial aid through grants. Comparatively, 56% of undergraduate students received financial aid through loans.

Tuition Costs

$21,930

2024 Undergraduate Tuition

In 2024, the cost of tuition at Faulkner University was $21,930. The cost of tuition at Faulkner University is $−2,070 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$19,920

2024 Value

0.0603%

1 Year Growth

In 2024 Faulkner University had an average net price — the price paid after factoring in grants and loans — of $19,920. Between 2023 and 2024, the average net price of Faulkner University grew by 0.0603%.

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.

Financial Aid by Income Level

56%

Undergraduates Receiving Financial Aid through Grants

56%

Undergraduates Receiving Financial Aid through Loans

56% of undergraduate students at Faulkner University received financial aid through grants or loans in 2024. This represents a decline of 25.3% with respect to 2023, when 75% 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.

Admissions

Faulkner University received 1,073 undergraduate applications in 2024, which represents a 39.9% annual growth. Out of those 1,073 applicants, 784 students were accepted for enrollment, representing a 73.1% acceptance rate.

There were 3,086 students enrolled at Faulkner University in 2024. 2% of first-time enrollees submitted SAT scores with their applications.

Faulkner University has an overall enrollment yield of 34.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

73.1%

Acceptance Rate in 2024

784

Accepted Out of 1,073

In 2024, the undergraduate acceptance rate of Faulkner University was 73.1% (784 admissions from 1,073 applications). This is higher than the acceptance rate of 2023, which was 66.1%. Between 2023 and 2024, the number of applicants declined by 39.9%, while admissions declined by 33.6%.

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

Submission Percentage (2024)

Scores Submitted (2024)

2% of enrolled first-time students at Faulkner University in 2024 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

Faulkner University had a total enrollment of 3,086 students in 2024. The full-time enrollment at Faulkner University is 2,206 students and the part-time enrollment is 880. This means that 71.5% of students enrolled at Faulkner University are enrolled full-time.

The enrolled student population at Faulkner University, both undergraduate and graduate, is 52.7% White, 30.6% Black or African American, 4.57% Hispanic or Latino, 2.27% Two or More Races, 1.23% Asian, 0.421% American Indian or Alaska Native, and 0.356% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Faulkner University in full-time Undergraduate programs are most commonly White Female (25.3%), followed by White Male (23.8%) and Black or African American Female (19.7%). Students enrolled in full-time Graduate programs are most commonly White Female (40.7%), followed by White Male (24.4%) and Black or African American Female (17.9%).

Full-Time vs Part-Time Enrollment

71.5%

Full-Time Enrollment

The total enrollment at Faulkner University in 2024, both undergraduate and graduate, is 3,086 students. The full-time enrollment at Faulkner University is 2,206 and the part-time enrollment is 880. This means that 71.5% of students enrolled at Faulkner University are enrolled full-time compared with 67.1% 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%

2024 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 (2024)

White
1,626 enrolled students
Black or African American
943 enrolled students
Hispanic or Latino
141 enrolled students

The enrolled student population at Faulkner University is 52.7% White, 30.6% Black or African American, 4.57% Hispanic or Latino, 2.27% Two or More Races, 1.23% Asian, 0.421% American Indian or Alaska Native, and 0.356% 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 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 103 students (3.34%) did not report their race.

Graduates

In 2024, 171 more women than men received degrees from Faulkner University. The most common race/ethnicity group of degree recipients at Faulkner University is white (487 degrees awarded). There were 1.77 times more white recipients than the next closest race/ethnicity group, black or african american (275 degrees).

The most common Masters Degree concentration at Faulkner University is General Business Administration & Management (124 degrees awarded), followed by Management Science (58 degrees) and Physician Assistant (46 degrees).

In 2024, 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 Legal (79 degrees awarded), Protective Services (115 degrees), and Theology (12 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 (1,015,387 people), Other managers (784,518 people), Financial managers (529,805 people), Chief executives & legislators (405,272 people), and Human resources workers (264,252 people).

The most specialized majors at Faulkner University in 2024 are Legal (79 degrees awarded), Protective Services (115 degrees), Theology (12 degrees), Business (382 degrees), and Parks, Recreation, & Leisure (18 degrees) (as of 2024).

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, Gaming services workers, Photographic process workers & processing machine operators, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Faulkner University are Legal (79 degrees awarded), Protective Services (115 degrees), Theology (12 degrees), Business (382 degrees), and Parks, Recreation, & Leisure (18 degrees) (as of 2024).

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 (645,267 people), Computer Systems Design (583,569 people), Justice, public order, & safety activities (500,448 people), Banking & related activities (459,969 people), and Construction (448,597 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 (2024)

Liberal Arts & Sciences
8 degrees awarded
General Computer & Information Sciences
4 degrees awarded

In 2024, the most common associates degree concentration at Faulkner University was Liberal Arts & Sciences with 8 degrees awarded.

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

Sex Breakdown for Common Majors

352

Degrees Awarded to Men

in 2024

523

Degrees Awarded to Women

in 2024

In 2024, 352 degrees were awarded to men at Faulkner University, which is 0.673 times less than the number of degrees awarded to females (523).

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

Most Common Male Majors

In 2024, 71 degrees were awarded to men at Faulkner University in General Business Administration & Management, which is 0.724 times less than the 98 female recipients with that same degree.

Most Common Female Majors

In 2024, 98 degrees were awarded to men at Faulkner University in General Business Administration & Management, which is 1.38 times more than the 71 male recipients with that same degree.

Time to Complete

21%

100% Completion Time

33%

150% Completion Time

In 2024, 21% of students graduating from Faulkner University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 33% completed their degrees within 150% of the normal time, and 33% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
487 degrees awarded
Black or African American
275 degrees awarded
Hispanic or Latino
40 degrees awarded

The most common race/ethnicity at Faulkner University is white (487 degrees awarded). There were 1.77 times more white recipients than the next closest race/ethnicity group, black or african american (275 degrees).

2.06% of degree recipients (18 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

Black or African American Female
309 degrees awarded
Black or African American Female
297 degrees awarded
Black or African American Female
288 degrees awarded

The most common race/ethnicity and sex grouping at Faulkner University is black or african american female (309 degrees awarded). There were 1.04 times more black or african american female recipients than the next closest race/ethnicity group, black or african american female (297 degrees).

Operations

Faulkner University has an endowment valued at nearly $23.5M, as of the end of the 2024 fiscal year. The return on its endowment was of 3.5M (14.9%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Faulkner University had a total salary expenditure of 56.8M. Faulkner University employs 50 Assistant professors, 42 Professors and 30 Associate professors. Most academics at Faulkner University are Male Professor (31), Female Assistant professor (31), and Female Associate professor (21).

The most common positions for non-instructional staff at Faulkner University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 57 employees, Office and Administrative Support, with 39 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 38 employees.

Endowment

$23.5M

2024 Endowment

16.8%

growth from 2023

Faulkner University has an endowment valued at about $23.5M, as of the end of the 2024 fiscal year. The endowment of Faulkner University grew 16.8% from the previous year. The value of their endowment was $22.4M 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 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: Larger Programs Carnegie Classification grouping.

Salary Expenditure

$24.2M

2024 Salaries

11.9%

growth from 2023

In 2024, Faulkner University paid a median of $24.2M in salaries, which represents 42.7% of their overall expenditure ($56.8M) and a 11.9% growth from the previous year. This is compared to a 7.24% growth between 2022 and 2023, and a 7.06% growth between 2021 and 2022.

Instructional Salaries

$10.9M

Instructional Salaries

145

Number of Employees

In 2024, Faulkner University paid a total of $10.9M to 145 employees working as instructors, which represents 45% of all salaries paid.

This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Faulkner University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 57 employees, Office and Administrative Support with 39 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 38 employees.

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