Pace University

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    2024 Undergraduate Tuition
    $51,602
    4.14% growth from 2023
    2024 Average Net Price
    $34,791
    After Financial Aid
    2024 Acceptance Rate
    75.9%
    30,030 Applicants
    2024 Enrolled Students
    13,634
    79.8% Full-Time
    2024 Graduation Rate
    59.9%
    1,182 Graduates

    About

    Pace University is a higher education institution located in New York County, NY. In 2024, the most popular Masters Degree concentrations at Pace University were Information Science (301 degrees awarded), Computer Science (295 degrees), and Other Management Sciences & Quantitative Methods (117 degrees).

    In 2024, 4,109 degrees were awarded across all undergraduate and graduate programs at Pace University. 63.2% of these degrees were awarded to women, and 36.8% awarded men. The most common race/ethnicity group of degree recipients was white (1,588 degrees), 2.74 times more than then the next closest race/ethnicity group, hispanic or latino (579 degrees).

    The median undergraduate tuition at Pace University is $51,602, which is $19,682 more than the national average for Doctoral Universities ($31,920).

    Costs

    In 2024, the median undergraduate tuition at Pace University is $51,602, which is $19,682 more than the national average for Doctoral Universities ($31,920).

    After taking grants and loans into account, the average net price for students is $34,791.

    In 2024, 91% of undergraduate students attending Pace University received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

    Tuition Costs

    $51,602
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Pace University was $51,602. The cost of tuition at Pace University is $19,682 more than than the overall (public and private) national average for Doctoral Universities ($31,920).

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

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    Average Net Price

    $34,791
    2024 Value
    1.43%
    1 Year Growth

    In 2024 Pace University had an average net price — the price paid after factoring in grants and loans — of $34,791. Between 2023 and 2024, the average net price of Pace University grew by 1.43%.

    This chart compares the average net price of Pace 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.

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    Other Student Expenses

    $23,833
    Room and Board
    $800
    Books and Supplies

    The average yearly cost of room and board at Pace University was of $23,833 in 2024. The cost of room and board increased by 7.16% between 2023 and 2024.

    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 Pace University (in red) with that of similar universities.

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    Financial Aid by Income Level

    91%
    Undergraduates Receiving Financial Aid through Grants
    45%
    Undergraduates Receiving Financial Aid through Loans

    91% of undergraduate students at Pace University received financial aid through grants or loans in 2024. This represents a growth of 1.11% with respect to 2023, when 90% 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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    Admissions

    Pace University received 30,030 undergraduate applications in 2024, which represents a 5.48% annual growth. Out of those 30,030 applicants, 22,798 students were accepted for enrollment, representing a 75.9% acceptance rate.

    There were 13,634 students enrolled at Pace University in 2024. 13% of first-time enrollees submitted SAT scores with their applications.

    Pace University has an overall enrollment yield of 8.11%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    75.9%
    Acceptance Rate in 2024
    22,798
    Accepted Out of 30,030

    In 2024, the undergraduate acceptance rate of Pace University was 75.9% (22,798 admissions from 30,030 applications). This is lower than the acceptance rate of 2023, which was 77.1%. Between 2023 and 2024, the number of applicants grew by 5.48%, while admissions grew by 3.81%.

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

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    SAT Scores

    13%
    Submission Percentage (2024)
    247
    Scores Submitted (2024)

    13% of enrolled first-time students at Pace 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.

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    Enrollment

    Pace University had a total enrollment of 13,634 students in 2024. The full-time enrollment at Pace University is 10,879 students and the part-time enrollment is 2,755. This means that 79.8% of students enrolled at Pace University are enrolled full-time.

    The enrolled student population at Pace University, both undergraduate and graduate, is 37.6% White, 19.3% Hispanic or Latino, 9.97% Black or African American, 7% Asian, 3.58% Two or More Races, 0.117% American Indian or Alaska Native, and 0.066% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Pace University in full-time Undergraduate programs are most commonly White Female (29.7%), followed by Hispanic or Latino Female (16.7%) and White Male (15.3%). Students enrolled in full-time Graduate programs are most commonly White Female (18.6%), followed by White Male (8.28%) and Hispanic or Latino Female (6.31%).

    Full-Time vs Part-Time Enrollment

    79.8%
    Full-Time Enrollment

    The total enrollment at Pace University in 2024, both undergraduate and graduate, is 13,634 students. The full-time enrollment at Pace University is 10,879 and the part-time enrollment is 2,755. This means that 79.8% of students enrolled at Pace University are enrolled full-time compared with 77.3% 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

    75%
    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 Pace University was 75%. Compared with the full-time retention rate at similar Doctoral Universities (82%), 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 (2024)
    1. White
      5,133 enrolled students
    2. Hispanic or Latino
      2,631 enrolled students
    3. Black or African American
      1,359 enrolled students

    The enrolled student population at Pace University is 37.6% White, 19.3% Hispanic or Latino, 9.97% Black or African American, 7% Asian, 3.58% Two or More Races, 0.117% American Indian or Alaska Native, and 0.066% 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 46.2% White, 16.3% Hispanic or Latino, and 10.4% 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, 273 students (2%) did not report their race.

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    Graduates

    In 2024, 1,087 more women than men received degrees from Pace University. The most common race/ethnicity group of degree recipients at Pace University is white (1,588 degrees awarded). There were 2.74 times more white recipients than the next closest race/ethnicity group, hispanic or latino (579 degrees).

    The most common Masters Degree concentration at Pace University is Information Science (301 degrees awarded), followed by Computer Science (295 degrees) and Other Management Sciences & Quantitative Methods (117 degrees).

    In 2024,  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 (282 degrees awarded), Communications (287 degrees), and Computer and Information Sciences and Support Services (815 degrees).

    Common Jobs by Major

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Pace University are Elementary & middle school teachers (1,595,345 people), Software developers (691,695 people), Secondary school teachers (535,885 people), Other managers (389,773 people), and Education administrators (306,769 people).

    The most specialized majors at Pace University in 2024 are Legal (282 degrees awarded), Communications (287 degrees), Computer and Information Sciences and Support Services (815 degrees), Visual & Performing Arts (323 degrees), and Education (341 degrees) (as of 2024).

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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, Cardiovascular technologists and technicians, Physicians, Magnetic resonance imaging technologists, and Dentists

    The most specialized majors at Pace University are Legal (282 degrees awarded), Communications (287 degrees), Computer and Information Sciences and Support Services (815 degrees), Visual & Performing Arts (323 degrees), and Education (341 degrees) (as of 2024).

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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 Elementary & secondary schools (3,000,650 people), Computer Systems Design (836,504 people), Colleges, universities & professional schools, including junior colleges (522,846 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (273,042 people), and Management, scientific & technical consulting services (216,166 people).

    The most specialized majors at Pace University are Legal (282 degrees awarded), Communications (287 degrees), Computer and Information Sciences and Support Services (815 degrees), Visual & Performing Arts (323 degrees), and Education (341 degrees) (as of 2024).

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    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 (2024)
    1. 5 degrees awarded
    2. 3 degrees awarded

    In 2024, the most common associates degree concentration at Pace University was Information Technology Project Management with 5 degrees awarded.

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

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    Sex Breakdown for Common Majors

    1,511
    Degrees Awarded to Men
    in 2024
    2,598
    Degrees Awarded to Women
    in 2024

    In 2024, 1,511 degrees were awarded to men at Pace University, which is 0.582 times less than the number of degrees awarded to females (2,598).

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

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    Most Common Male Majors

    In 2024, 240 degrees were awarded to men at Pace University in Computer Science, which is 2.24 times more than the 107 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 175 degrees were awarded to men at Pace University in Registered Nursing, which is 4.86 times more than the 36 male recipients with that same degree.

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    Time to Complete

    50%
    100% Completion Time
    61%
    150% Completion Time

    In 2024, 50% of students graduating from Pace University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 61% completed their degrees within 150% of the normal time, and 62% 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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    Graduation Rate by Race and Sex

    Showing demographic groups with ≥ 5 graduating students.
    American Indian or Alaska Native Female
    Highest Graduation Rate (72.7%)

    The student demographic with the highest graduation rate in 2024 at Pace University is Female and American Indian or Alaska Native (72.7% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

    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, 2.45% of graduates (29 students) did not report their race.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      1,588 degrees awarded
    2. Hispanic or Latino
      579 degrees awarded
    3. Black or African American
      376 degrees awarded

    The most common race/ethnicity at Pace University is white (1,588 degrees awarded). There were 2.74 times more white recipients than the next closest race/ethnicity group, hispanic or latino (579 degrees).

    1.75% of degree recipients (72 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      1,239 degrees awarded
    2. White Female
      1,182 degrees awarded
    3. White Female
      1,179 degrees awarded

    The most common race/ethnicity and sex grouping at Pace University is white female (1,239 degrees awarded). There were 1.05 times more white female recipients than the next closest race/ethnicity group, white female (1,182 degrees).

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    Operations

    Pace University has an endowment valued at nearly $262M, as of the end of the 2024 fiscal year. The return on its endowment was of 40.3M (15.4%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

    In 2024, Pace University had a total salary expenditure of 449M. Pace University employs 175 Professors, 150 Associate professors and 126 Assistant professors. Most academics at Pace University are Female Professor (91), Female Associate professor (90), and Male Professor (84).

    The most common positions for non-instructional staff at Pace University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 250 employees, Business and Financial Operations, with 216 employees, and Office and Administrative Support with 203 employees.

    Endowment

    $262M
    2024 Endowment
    12.8%
    growth from 2023

    Pace University has an endowment valued at about $262M, as of the end of the 2024 fiscal year. The endowment of Pace University grew 12.8% from the previous year. The value of their endowment was $10M higher 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. $6.72M - Federal
    2. $14.9M - State
    3. $642k - Local

    As of 2024, Pace University received $6.72M in grants and contracts from the federal government, $14.9M from state grants and contracts, and $642k from local grants and contracts.

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    Salary Expenditure

    $182M
    2024 Salaries
    5.85%
    growth from 2023

    In 2024, Pace University paid a median of $182M in salaries, which represents 40.5% of their overall expenditure ($449M) and a 5.85% growth from the previous year. This is compared to a 9.18% growth between 2022 and 2023, and a 1.63% growth between 2021 and 2022.

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    Instructional Salaries

    $57.6M
    Instructional Salaries
    484
    Number of Employees

    In 2024, Pace University paid a total of $57.6M to 484 employees working as instructors, which represents 31.7% of all salaries paid.

    This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Pace University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 250 employees, Business and Financial Operations with 216 employees, and Office and Administrative Support with 203 employees.

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