William Penn University

www.wmpenn.edu

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2022 Average Net Price

$20,922

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

57.7%

1,264 Applicants

2022 Graduation Rate

29.9%

69 Graduates

About

William Penn University is a higher education institution located in Mahaska County, IA.

In 2020 the default rate for borrower's at William Penn University was 0%, corresponding to 0 out of the 522 total borrowers.

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

After taking grants and loans into account, the average net price for students is $20,922.

In 2022, 96% of undergraduate students attending William Penn University received financial aid through grants. Comparatively, 88% of undergraduate students received financial aid through loans.

In 2022 William Penn University had an average net price — the price paid after factoring in grants and loans — of $20,922. Between 2021 and 2022, the average net price of William Penn University grew by 0.9%.

This chart compares the average net price of William Penn 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

$6,894

Room and Board

The average yearly cost of room and board at William Penn University was of $6,894 in 2022. The cost of room and board increased by 1.34% between 2021 and 2022.

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

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

88%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at William Penn University received financial aid through grants or loans in 2022. This represents a growth of 1.05% with respect to 2021, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at William Penn 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 William Penn University was 0%, which represents 0 out of the 522 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

William Penn University received 1,264 undergraduate applications in 2022, which represents a 8.87% annual growth. Out of those 1,264 applicants, 729 students were accepted for enrollment, representing a 57.7% acceptance rate.

There were N/A students enrolled at William Penn University in N/A. 18% of first-time enrollees submitted SAT scores with their applications.

William Penn University has an overall enrollment yield of 43.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

57.7%

Acceptance Rate in 2022

729

Accepted Out of 1,264

In 2022, the undergraduate acceptance rate of William Penn University was 57.7% (729 admissions from 1,264 applications). This is lower than the acceptance rate of 2021, which was 57.7%. Between 2021 and 2022, the number of applicants declined by 8.87%, while admissions declined by 8.88%.

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

SAT Scores

18%

Submission Percentage (2022)

Scores Submitted (2022)

18% of enrolled first-time students at William Penn University in 2022 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

William Penn University had a total enrollment of N/A students in N/A. The full-time enrollment at William Penn University is N/A students and the part-time enrollment is N/A. This means that N/A% of students enrolled at William Penn University are enrolled full-time.

Students enrolled at William Penn University in full-time Undergraduate programs are most commonly White Female (34%), followed by White Male (22.6%) and Black or African American Male (12.3%). Students enrolled in full-time Graduate programs are most commonly White Male (39.5%), followed by White Female (16.3%) and Hispanic or Latino Male (4.65%).

Retention Rate over Time

62%

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 William Penn University was 62%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), William Penn University had a retention rate lower than its peers.

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

Graduates

In 2022, the most specialized majors across all degree types at William Penn University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (50 degrees awarded), Education (52 degrees), and Public Administration and Social Service (13 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at William Penn University are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at William Penn University in 2022 are Parks, Recreation, & Leisure (50 degrees awarded), Education (52 degrees), Public Administration and Social Service (13 degrees), Engineering Technologies (9 degrees), and History (3 degrees) (as of 2022).

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 William Penn University are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at William Penn University are Parks, Recreation, & Leisure (50 degrees awarded), Education (52 degrees), Public Administration and Social Service (13 degrees), Engineering Technologies (9 degrees), and History (3 degrees) (as of 2022).

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 William Penn University are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by William Penn University.

N/A

Most Common (2022)

N/A degrees awarded

In 2022, the most common N/A concentration at William Penn University was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at William Penn University according to their major.

Time to Complete

23%

100% Completion Time

35%

150% Completion Time

In 2022, 23% of students graduating from William Penn University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 35% completed their degrees within 150% of the normal time, and 35% 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.

Asian Female

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate in 2022 at William Penn University is Female and Asian (66.7% graduation rate). Across all Masters Colleges and Universities, 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

William Penn University has an endowment valued at nearly $7.4M, as of the end of the 2022 fiscal year. The return on its endowment was of −666k (−9%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, William Penn University had a total salary expenditure of 24.5M. Most academics at William Penn University are Male Instructor (9), Female Instructor (9), and Male Assistant professor (9).

Endowment

$7.4M

2022 Endowment

1.58%

decline from 2021

William Penn University has an endowment valued at about $7.4M, as of the end of the 2022 fiscal year. The endowment of William Penn University declined 1.58% from the previous year. The value of their endowment was $39.2M 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 William Penn 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

$8.87M

2022 Salaries

4.96%

growth from 2021

In 2022, William Penn University paid a median of $8.87M in salaries, which represents 36.2% of their overall expenditure ($24.5M) and a 4.96% growth from the previous year. This is compared to a 3.29% growth between 2020 and 2021, and a 9.16% growth between 2019 and 2020.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Instructor
Female Instructor
Male Assistant professor

In 2022, the most common demographic for instructional staff at William Penn University was Male Instructor with 9 employees, Female Instructor with 9 employees, and Male Assistant professor with 9 employees.

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

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