Martin University

www.martin.edu

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2022 Undergraduate Tuition

$12,840

2022 Average Net Price

$15,271

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

187

44.9% Full-Time

2022 Graduation Rate

28.6%

4 Graduates

About

The median undergraduate tuition at Martin University is $12,840.

In 2020 the default rate for borrower's at Martin University was 0%, corresponding to 0 out of the 143 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Martin University is $12,840

After taking grants and loans into account, the average net price for students is $15,271.

In 2022, 97% of undergraduate students attending Martin University received financial aid through grants. Comparatively, 84% of undergraduate students received financial aid through loans.

Tuition Costs

$12,840

2022 Undergraduate Tuition

In 2022, the cost of tuition at Martin University was $12,840.

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

Average Net Price

$15,271

2022 Value

In 2022 Martin University had an average net price — the price paid after factoring in grants and loans — of $15,271.

This chart compares the average net price of Martin 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

$8,616

Room and Board

$650

Books and Supplies

The average yearly cost of room and board at Martin University was of $8,616 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $650. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

97%

Undergraduates Receiving Financial Aid through Grants

84%

Undergraduates Receiving Financial Aid through Loans

97% of undergraduate students at Martin University received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Martin 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Martin University was 0%, which represents 0 out of the 143 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.

Enrollment

Martin University had a total enrollment of 187 students in 2022. The full-time enrollment at Martin University is 84 students and the part-time enrollment is 103. This means that 44.9% of students enrolled at Martin University are enrolled full-time.

Full-Time vs Part-Time Enrollment

44.9%

Full-Time Enrollment

The total enrollment at Martin University in 2022, both undergraduate and graduate, is 187 students. The full-time enrollment at Martin University is 84 and the part-time enrollment is 103.

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

Retention Rate over Time

67%

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 Martin University was 67%.

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

Graduates

Time to Complete

10%

100% Completion Time

10%

150% Completion Time

In 2022, 10% of students graduating from Martin University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 10% completed their degrees within 150% of the normal time, and 10% within 200%.

The following chart shows these completion rates over time compared to the average for the 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Martin University is Female and Asian (100% 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.

Operations

Salary Expenditure

$3.04M

2022 Salaries

7.32%

decline from 2021

In 2022, Martin University paid a median of $3.04M in salaries, a 7.32% decline from the previous year. This is compared to a 23.7% growth between 2020 and 2021, and a 6.56% growth between 2019 and 2020.