Independence University (465812)

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2020 Undergraduate Tuition
$16,600
13.8% growth from 2019
2020 Average Net Price
$25,616
After Financial Aid
2017 Default Rate
18.1%
on Student Loans
2020 Enrolled Students
11,578
100% Full-Time

About

The median undergraduate tuition at Independence University (465812) is $16,600.

In 2017 the default rate for borrower's at Independence University (465812) was 18.1%, corresponding to 1053 out of the 5805 total borrowers.

Costs

In 2020, the median undergraduate tuition at Independence University (465812) is $16,600

After taking grants and loans into account, the average net price for students is $25,616.

In 2020, 90% of undergraduate students attending Independence University (465812) received financial aid through grants. Comparatively, 81% of undergraduate students received financial aid through loans.

Tuition Costs

$16,600
2020 Undergraduate Tuition

In 2020, the cost of tuition at Independence University (465812) was $16,600.

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Average Net Price

$25,616
2020 Value
2.72%
1 Year Growth

In 2020 Independence University (465812) had an average net price — the price paid after factoring in grants and loans — of $25,616. Between 2019 and 2020, the average net price of Independence University (465812) grew by 2.72%.

This chart compares the average net price of Independence University (465812) (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

$9,503
Room and Board

The average yearly cost of room and board at Independence University (465812) was of $9,503 in 2020. The cost of room and board increased by 6.55% between 2019 and 2020.

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Financial Aid by Income Level

90%
Undergraduates Receiving Financial Aid through Grants
81%
Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Independence University (465812) received financial aid through grants or loans in 2020. This represents a growth of 4.65% with respect to 2019, when 86% of undergraduate students received financial aid.

This chart compares the average award discount at Independence University (465812) (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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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.
18.1%
2017 Default Rate
1053
Number of Defaults

In 2017 the default rate for borrower's at Independence University (465812) was 18.1%, which represents 1053 out of the 5805 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.

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Enrollment

Independence University (465812) had a total enrollment of 11,578 students in 2020. The full-time enrollment at Independence University (465812) is 11,578 students and the part-time enrollment is 0. This means that 100% of students enrolled at Independence University (465812) are enrolled full-time.

Students enrolled at Independence University (465812) in full-time Undergraduate programs are most commonly White Female (18.5%), followed by Black or African American Female (12.1%) and Two or More Races Female (6.7%). Students enrolled in full-time Graduate programs are most commonly White Male (19.5%), followed by White Female (16.9%) and Black or African American Female (13%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Independence University (465812) in 2020, both undergraduate and graduate, is 11,578 students. The full-time enrollment at Independence University (465812) is 11,578 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Independence University (465812) (in red) compares to similar universities.

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Graduates

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate in 2020 at Independence University (465812) is Male and Asian (66.7% graduation rate). Across all , 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.

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