Florida Memorial University

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2022 Undergraduate Tuition
$12,576
2022 Average Net Price
$16,359
After Financial Aid
2019 Default Rate
7.47%
on Student Loans
2022 Acceptance Rate
69.9%
11,931 Applicants
2022 Enrolled Students
1,137
91.9% Full-Time
2022 Graduation Rate
35.5%
133 Graduates

About

Florida Memorial University is a higher education institution located in Miami-Dade County, FL. In 2022, the most popular Bachelors Degree concentrations at Florida Memorial University were Criminal Justice - Law Enforcement Administration (29 degrees awarded), General Business Administration & Management (26 degrees), and Social Work (18 degrees).

In 2022, 253 degrees were awarded across all undergraduate and graduate programs at Florida Memorial University. 64.8% of these degrees were awarded to women, and 35.2% awarded men. The most common race/ethnicity group of degree recipients was black or african american (151 degrees), 6.86 times more than then the next closest race/ethnicity group, hispanic or latino (22 degrees).

The median undergraduate tuition at Florida Memorial University is $12,576, which is $−15,754 less than the national average for Baccalaureate Colleges ($28,330).

Costs

In 2022, the median undergraduate tuition at Florida Memorial University is $12,576, which is $−15,754 less than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $16,359.

In 2022, 89% of undergraduate students attending Florida Memorial University received financial aid through grants. Comparatively, 52% of undergraduate students received financial aid through loans.

Tuition Costs

$12,576
2022 Undergraduate Tuition

In 2022, the cost of tuition at Florida Memorial University was $12,576. The cost of tuition at Florida Memorial University is $−15,754 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

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Average Net Price

$16,359
2022 Value
6.45%
1 Year Growth

In 2022 Florida Memorial University had an average net price — the price paid after factoring in grants and loans — of $16,359. Between 2021 and 2022, the average net price of Florida Memorial University grew by 6.45%.

This chart compares the average net price of Florida Memorial 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

$9,514
Room and Board
$2,300
Books and Supplies

The average yearly cost of room and board at Florida Memorial University was of $9,514 in 2022. The cost of room and board increased by 4.11% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $2,300. The cost of books and supplies decreased by 8% during the same period.

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

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Financial Aid by Income Level

89%
Undergraduates Receiving Financial Aid through Grants
52%
Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Florida Memorial University received financial aid through grants or loans in 2022. This represents a decline of 1.11% with respect to 2021, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Florida Memorial 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.
7.47%
2019 Default Rate
39
Number of Defaults

In 2019 the default rate for borrower's at Florida Memorial University was 7.47%, which represents 39 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.

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Admissions

Florida Memorial University received 11,931 undergraduate applications in 2022, which represents a 241% annual growth. Out of those 11,931 applicants, 8,344 students were accepted for enrollment, representing a 69.9% acceptance rate.

There were 1,137 students enrolled at Florida Memorial University in 2022.

Florida Memorial University has an overall enrollment yield of 4.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

69.9%
Acceptance Rate in 2022
8,344
Accepted Out of 11,931

In 2022, the undergraduate acceptance rate of Florida Memorial University was 69.9% (8,344 admissions from 11,931 applications). This is higher than the acceptance rate of 2021, which was 56.8%. Between 2021 and 2022, the number of applicants grew by 241%, while admissions grew by 320%..

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

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Enrollment

Florida Memorial University had a total enrollment of 1,137 students in 2022. The full-time enrollment at Florida Memorial University is 1,045 students and the part-time enrollment is 92. This means that 91.9% of students enrolled at Florida Memorial University are enrolled full-time.

The enrolled student population at Florida Memorial University, both undergraduate and graduate, is 74.5% Black or African American, 7.83% Hispanic or Latino, 1.41% White, 0.352% Two or More Races, 0.176% American Indian or Alaska Native, and 0.088% Asian.

Students enrolled at Florida Memorial University in full-time Undergraduate programs are most commonly Black or African American Female (44.3%), followed by Black or African American Male (31.2%) and Hispanic or Latino Male (4.85%). Students enrolled in full-time Graduate programs are most commonly Black or African American Female (46.7%), followed by Black or African American Male (20%) and Hispanic or Latino Male (6.67%).

Full-Time vs Part-Time Enrollment

91.9%
Full-Time Enrollment

The total enrollment at Florida Memorial University in 2022, both undergraduate and graduate, is 1,137 students. The full-time enrollment at Florida Memorial University is 1,045 and the part-time enrollment is 92. This means that 91.9% of students enrolled at Florida Memorial University are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

54%
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 Florida Memorial University was 54%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Florida Memorial University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Black or African American
    847 enrolled students
  2. Hispanic or Latino
    89 enrolled students
  3. White
    16 enrolled students

The enrolled student population at Florida Memorial University is 74.5% Black or African American, 7.83% Hispanic or Latino, 1.41% White, 0.352% Two or More Races, 0.176% American Indian or Alaska Native, and 0.088% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 25 students (2.2%) did not report their race.

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Graduates

In 2022, 75 more women than men received degrees from Florida Memorial University. The most common race/ethnicity group of degree recipients at Florida Memorial University is black or african american (151 degrees awarded). There were 6.86 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (22 degrees).

The most common Bachelor's Degree concentration at Florida Memorial University is Criminal Justice - Law Enforcement Administration (29 degrees awarded), followed by General Business Administration & Management (26 degrees) and Social Work (18 degrees).

In 2022,  the most specialized majors across all degree types at Florida Memorial University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Transportation (18 degrees awarded), Legal (26 degrees), and Protective Services (29 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Florida Memorial University are Elementary & middle school teachers (1,542,145 people), Secondary school teachers (436,071 people), Education administrators (253,507 people), Social workers, all other (193,471 people), and Special education teachers (185,904 people).

The most specialized majors at Florida Memorial University in 2022 are Transportation (18 degrees awarded), Legal (26 degrees), Protective Services (29 degrees), Public Administration and Social Service (18 degrees), and Education (37 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 Florida Memorial University are Physicians, Cardiovascular technologists and technicians, Photographic process workers & processing machine operators, Surgeons, and Aircraft pilots & flight engineers

The most specialized majors at Florida Memorial University are Transportation (18 degrees awarded), Legal (26 degrees), Protective Services (29 degrees), Public Administration and Social Service (18 degrees), and Education (37 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 Florida Memorial University are Elementary & secondary schools (2,716,024 people), Justice, public order, & safety activities (373,688 people), Colleges, universities & professional schools, including junior colleges (239,739 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (168,060 people), and Individual & family services (160,744 people).

The most specialized majors at Florida Memorial University are Transportation (18 degrees awarded), Legal (26 degrees), Protective Services (29 degrees), Public Administration and Social Service (18 degrees), and Education (37 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 Florida Memorial University.
Most Common (2022)
  1. 29 degrees awarded
  2. 26 degrees awarded
  3. 18 degrees awarded

In 2022, the most common bachelors degree concentration at Florida Memorial University was Criminal Justice - Law Enforcement Administration with 29 degrees awarded.

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

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Sex Breakdown for Common Majors

89
Degrees Awarded to Men
in 2022
164
Degrees Awarded to Women
in 2022

In 2022, 89 degrees were awarded to men at Florida Memorial University, which is 0.543 times less than the number of degrees awarded to females (164).

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

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Most Common Male Majors

In 2022, 13 degrees were awarded to men at Florida Memorial University in General Business Administration & Management, which is 1 times approximately the same the 13 female recipients with that same degree.

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Most Common Female Majors

In 2022, 23 degrees were awarded to men at Florida Memorial University in Criminal Justice - Law Enforcement Administration, which is 3.83 times more than the 6 male recipients with that same degree.

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Time to Complete

22%
100% Completion Time
35%
150% Completion Time

In 2022, 22% of students graduating from Florida Memorial 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 Baccalaureate Colleges 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.
Hispanic or Latino Female
Highest Graduation Rate (62.5%)

The student demographic with the highest graduation rate in 2022 at Florida Memorial University is Female and Hispanic or Latino (62.5% graduation rate). Across all Baccalaureate Colleges, 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, 7.52% of graduates (10 students) did not report their race.

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Race & Ethnicity by Share

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

The most common race/ethnicity at Florida Memorial University is black or african american (151 degrees awarded). There were 6.86 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (22 degrees).

5.14% of degree recipients (13 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Black or African American Female
    104 degrees awarded
  2. Black or African American Male
    47 degrees awarded
  3. Hispanic or Latino Female
    12 degrees awarded

The most common race/ethnicity and sex grouping at Florida Memorial University is black or african american female (104 degrees awarded). There were 2.21 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (47 degrees).

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Operations

Florida Memorial University has an endowment valued at nearly $5.1M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNk (−18%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Florida Memorial University had a total salary expenditure of 50.3M. Florida Memorial University employs 18 Assistant professors, 13 Associate professors and 5 Instructors. Most academics at Florida Memorial University are Male Associate professor (9), Male Assistant professor (9), and Female Assistant professor (9).

The most common positions for non-instructional staff at Florida Memorial University are: Office and Administrative Support, with 33 employees, Service, with 32 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 30 employees.

Endowment

$5.1M
2022 Endowment
15.1%
decline from 2021

Florida Memorial University has an endowment valued at about $5.1M, as of the end of the 2022 fiscal year. The endowment of Florida Memorial University declined 15.1% from the previous year. The value of their endowment was $44.2M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Florida Memorial University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

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Salary Expenditure

$14.9M
2022 Salaries
7.15%
growth from 2021

In 2022, Florida Memorial University paid a median of $14.9M in salaries, which represents 29.6% of their overall expenditure ($50.3M) and a 7.15% growth from the previous year.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

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Instructional Salaries

$2.58M
Instructional Salaries
40
Number of Employees

In 2022, Florida Memorial University paid a total of $2.58M to 40 employees working as instructors, which represents 17.3% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

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Occupations by Share

Assistant professor
Most Common Instructor
18 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
33 Employees

In 2022, the most common positions for instructional staff at Florida Memorial University were Assistant professor with 18 employees, Associate professor with 13 employees, and Instructor with 5 employees.

In 2022, the most common positions for non-instructional staff at Florida Memorial University were Office and Administrative Support with 33 employees, Service with 32 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 30 employees.

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Instructors by Academic Rank and Sex

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

In 2022, the most common demographic for instructional staff at Florida Memorial University was Male Associate professor with 9 employees, Male Assistant professor with 9 employees, and Female Assistant professor with 9 employees.

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

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