Anderson University

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2022 Undergraduate Tuition
$33,070
2.51% growth from 2021
2022 Average Net Price
$21,459
After Financial Aid
2019 Default Rate
3.15%
on Student Loans
2022 Acceptance Rate
51.8%
5,416 Applicants
2022 Enrolled Students
1,290
80.5% Full-Time
2022 Graduation Rate
59.3%
251 Graduates

About

Anderson University is a higher education institution located in Madison County, IN. In 2022, the most popular Masters Degree concentrations at Anderson University were General Business Administration & Management (59 degrees awarded), Theological Studies (9 degrees), and Divinity & Ministry (6 degrees).

In 2022, 403 degrees were awarded across all undergraduate and graduate programs at Anderson University. 57.3% of these degrees were awarded to women, and 42.7% awarded men. The most common race/ethnicity group of degree recipients was white (313 degrees), 13 times more than then the next closest race/ethnicity group, hispanic or latino (24 degrees).

The median undergraduate tuition at Anderson University is $33,070, which is $9,074 more than the national average for Masters Colleges and Universities ($23,996).

Costs

In 2022, the median undergraduate tuition at Anderson University is $33,070, which is $9,074 more than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $21,459.

In 2022, 95% of undergraduate students attending Anderson University received financial aid through grants. Comparatively, 65% of undergraduate students received financial aid through loans.

Tuition Costs

$33,070
2022 Undergraduate Tuition

In 2022, the cost of tuition at Anderson University was $33,070. The cost of tuition at Anderson University is $9,074 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

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

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Average Net Price

$21,459
2022 Value
7.57%
1 Year Growth

In 2022 Anderson University had an average net price — the price paid after factoring in grants and loans — of $21,459. Between 2021 and 2022, the average net price of Anderson University grew by 7.57%.

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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

$9,365
Room and Board
$1,400
Books and Supplies

The average yearly cost of room and board at Anderson University was of $9,365 in 2022. The cost of room and board increased by 11.2% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,400. The cost of books and supplies did not change during the same period.

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

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Financial Aid by Income Level

95%
Undergraduates Receiving Financial Aid through Grants
65%
Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Anderson University received financial aid through grants or loans in 2022. This represents a decline of 3.06% with respect to 2021, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at Anderson 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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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.
3.15%
2019 Default Rate
19
Number of Defaults

In 2019 the default rate for borrower's at Anderson University was 3.15%, which represents 19 out of the 603 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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Admissions

Anderson University received 5,416 undergraduate applications in 2022, which represents a 23.3% annual growth. Out of those 5,416 applicants, 2,803 students were accepted for enrollment, representing a 51.8% acceptance rate.

There were 1,290 students enrolled at Anderson University in 2022. 40% of first-time enrollees submitted SAT scores with their applications.

Anderson University has an overall enrollment yield of 11.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

51.8%
Acceptance Rate in 2022
2,803
Accepted Out of 5,416

In 2022, the undergraduate acceptance rate of Anderson University was 51.8% (2,803 admissions from 5,416 applications). This is lower than the acceptance rate of 2021, which was 62.4%. Between 2021 and 2022, the number of applicants grew by 23.3%, while admissions grew by 2.22%..

This chart compares the acceptance rate of Anderson 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

40%
Submission Percentage (2022)
131
Scores Submitted (2022)

40% of enrolled first-time students at Anderson 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.

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Enrollment

Anderson University had a total enrollment of 1,290 students in 2022. The full-time enrollment at Anderson University is 1,038 students and the part-time enrollment is 252. This means that 80.5% of students enrolled at Anderson University are enrolled full-time.

The enrolled student population at Anderson University, both undergraduate and graduate, is 72.2% White, 11.2% Black or African American, 5.04% Hispanic or Latino, 4.73% Two or More Races, and 1.4% Asian.

Students enrolled at Anderson University in full-time Undergraduate programs are most commonly White Female (39.3%), followed by White Male (35.9%) and Black or African American Male (6.71%). Students enrolled in full-time Graduate programs are most commonly White Male (40%), followed by Black or African American Male (20%) and White Female (20%).

Full-Time vs Part-Time Enrollment

80.5%
Full-Time Enrollment

The total enrollment at Anderson University in 2022, both undergraduate and graduate, is 1,290 students. The full-time enrollment at Anderson University is 1,038 and the part-time enrollment is 252. This means that 80.5% of students enrolled at Anderson University are enrolled full-time compared with 67.6% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

69%
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 Anderson University was 69%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Anderson University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    931 enrolled students
  2. Black or African American
    145 enrolled students
  3. Hispanic or Latino
    65 enrolled students

The enrolled student population at Anderson University is 72.2% White, 11.2% Black or African American, 5.04% Hispanic or Latino, 4.73% Two or More Races, and 1.4% Asian. 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 51.2% White, 17.3% Hispanic or Latino, and 13% 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, 41 students (3.18%) did not report their race.

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Graduates

In 2022, 59 more women than men received degrees from Anderson University. The most common race/ethnicity group of degree recipients at Anderson University is white (313 degrees awarded). There were 13 times more white recipients than the next closest race/ethnicity group, hispanic or latino (24 degrees).

The most common Masters Degree concentration at Anderson University is General Business Administration & Management (59 degrees awarded), followed by Theological Studies (9 degrees) and Divinity & Ministry (6 degrees).

In 2022,  the most specialized majors across all degree types at Anderson University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (26 degrees awarded), Parks, Recreation, & Leisure (16 degrees), and Visual & Performing Arts (31 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Anderson University are Accountants & auditors (1,043,883 people), Other managers (786,525 people), Financial managers (509,002 people), Chief executives & legislators (400,058 people), and Elementary & middle school teachers (308,423 people).

The most specialized majors at Anderson University in 2022 are Theology (26 degrees awarded), Parks, Recreation, & Leisure (16 degrees), Visual & Performing Arts (31 degrees), Business (125 degrees), and Math & Statistics (7 degrees) (as of 2022).

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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 Anderson University are Surgeons, Securities, commodities, & financial services sales agents, Physicians, Cardiovascular technologists and technicians, and Chief executives & legislators

The most specialized majors at Anderson University are Theology (26 degrees awarded), Parks, Recreation, & Leisure (16 degrees), Visual & Performing Arts (31 degrees), Business (125 degrees), and Math & Statistics (7 degrees) (as of 2022).

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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 Anderson University are Elementary & secondary schools (800,109 people), Computer Systems Design (629,045 people), Colleges, universities & professional schools, including junior colleges (547,392 people), Banking & related activities (511,143 people), and Securities, commodities, funds, trusts & other financial investments (441,421 people).

The most specialized majors at Anderson University are Theology (26 degrees awarded), Parks, Recreation, & Leisure (16 degrees), Visual & Performing Arts (31 degrees), Business (125 degrees), and Math & Statistics (7 degrees) (as of 2022).

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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 Anderson University.
Most Common (2022)
  1. 41 degrees awarded
  2. 21 degrees awarded
  3. 16 degrees awarded

In 2022, the most common bachelors degree concentration at Anderson University was Registered Nursing with 41 degrees awarded.

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

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Sex Breakdown for Common Majors

172
Degrees Awarded to Men
in 2022
231
Degrees Awarded to Women
in 2022

In 2022, 172 degrees were awarded to men at Anderson University, which is 0.745 times less than the number of degrees awarded to females (231).

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

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Most Common Male Majors

In 2022, 48 degrees were awarded to men at Anderson University in General Business Administration & Management, which is 1.6 times more than the 30 female recipients with that same degree.

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Most Common Female Majors

In 2022, 38 degrees were awarded to men at Anderson University in Registered Nursing, which is 12.7 times more than the 3 male recipients with that same degree.

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Time to Complete

55%
100% Completion Time
64%
150% Completion Time

In 2022, 55% of students graduating from Anderson University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 64% completed their degrees within 150% of the normal time, and 65% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Anderson University is Male and Two or More Races (100% 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.

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, 0.797% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    313 degrees awarded
  2. Hispanic or Latino
    24 degrees awarded
  3. Black or African American
    21 degrees awarded

The most common race/ethnicity at Anderson University is white (313 degrees awarded). There were 13 times more white recipients than the next closest race/ethnicity group, hispanic or latino (24 degrees).

3.72% of degree recipients (15 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    184 degrees awarded
  2. White Male
    129 degrees awarded
  3. Hispanic or Latino Male
    13 degrees awarded

The most common race/ethnicity and sex grouping at Anderson University is white female (184 degrees awarded). There were 1.43 times more white female recipients than the next closest race/ethnicity group, white male (129 degrees).

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Operations

Anderson University has an endowment valued at nearly $40.6M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−8.24%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Anderson University had a total salary expenditure of 42.8M. Anderson University employs 40 Assistant professors, 33 Professors and 18 Associate professors. Most academics at Anderson University are Male Professor (23), Female Assistant professor (22), and Male Assistant professor (18).

The most common positions for non-instructional staff at Anderson University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 49 employees, Office and Administrative Support, with 39 employees, and Management with 27 employees.

Endowment

$40.6M
2022 Endowment
10.4%
decline from 2021

Anderson University has an endowment valued at about $40.6M, as of the end of the 2022 fiscal year. The endowment of Anderson University declined 10.4% from the previous year. The value of their endowment was $5.98M 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 Anderson 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: Medium Programs Carnegie Classification grouping.

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Salary Expenditure

$12.8M
2022 Salaries
17.8%
decline from 2021

In 2022, Anderson University paid a median of $12.8M in salaries, which represents 30% of their overall expenditure ($42.8M) and a 17.8% decline from the previous year.

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

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Instructional Salaries

$5.42M
Instructional Salaries
94
Number of Employees

In 2022, Anderson University paid a total of $5.42M to 94 employees working as instructors, which represents 42.2% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

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Occupations by Share

Assistant professor
Most Common Instructor
40 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
49 Employees

In 2022, the most common positions for instructional staff at Anderson University were Assistant professor with 40 employees, Professor with 33 employees, and Associate professor with 18 employees.

In 2022, the most common positions for non-instructional staff at Anderson University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 49 employees, Office and Administrative Support with 39 employees, and Management with 27 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Female Assistant professor
  3. Male Assistant professor

In 2022, the most common demographic for instructional staff at Anderson University was Male Professor with 23 employees, Female Assistant professor with 22 employees, and Male Assistant professor with 18 employees.

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

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