Parker University (243823)

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2022 Undergraduate Tuition
$24,840
4.55% growth from 2021
2022 Average Net Price
$24,116
After Financial Aid
2019 Default Rate
1.8%
on Student Loans
2022 Enrolled Students
2,063
91.3% Full-Time
2022 Graduation Rate
100%
2 Graduates

About

Parker University (243823) is a higher education institution located in Dallas County, TX. In 2022, the most popular Professional Doctorate concentrations at Parker University (243823) were Chiropractic (288 degrees awarded).

In 2022, 661 degrees were awarded across all undergraduate and graduate programs at Parker University (243823). 52.5% of these degrees were awarded to women, and 47.5% awarded men. The most common race/ethnicity group of degree recipients was white (366 degrees), 2.95 times more than then the next closest race/ethnicity group, hispanic or latino (124 degrees).

The median undergraduate tuition at Parker University (243823) is $24,840, which is $9,899 more than the national average for Special Focus Institutions ($14,942).

Costs

In 2022, the median undergraduate tuition at Parker University (243823) is $24,840, which is $9,899 more than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $24,116.

In 2022, 92% of undergraduate students attending Parker University (243823) received financial aid through grants. Comparatively, 62% of undergraduate students received financial aid through loans.

Tuition Costs

$24,840
2022 Undergraduate Tuition

In 2022, the cost of tuition at Parker University (243823) was $24,840. The cost of tuition at Parker University (243823) is $9,899 more than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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Average Net Price

$24,116
2022 Value
28.6%
1 Year Growth

In 2022 Parker University (243823) had an average net price — the price paid after factoring in grants and loans — of $24,116. Between 2021 and 2022, the average net price of Parker University (243823) grew by 28.6%.

This chart compares the average net price of Parker University (243823) (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

$12,000
Room and Board
$800
Books and Supplies

The average yearly cost of room and board at Parker University (243823) was of $12,000 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 $800. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

92%
Undergraduates Receiving Financial Aid through Grants
62%
Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at Parker University (243823) received financial aid through grants or loans in 2022. This represents a growth of 9.52% with respect to 2021, when 84% of undergraduate students received financial aid.

This chart compares the average award discount at Parker University (243823) (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.
1.8%
2019 Default Rate
9
Number of Defaults

In 2019 the default rate for borrower's at Parker University (243823) was 1.8%, which represents 9 out of the 501 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

Parker University (243823) had a total enrollment of 2,063 students in 2022. The full-time enrollment at Parker University (243823) is 1,883 students and the part-time enrollment is 180. This means that 91.3% of students enrolled at Parker University (243823) are enrolled full-time.

The enrolled student population at Parker University (243823), both undergraduate and graduate, is 55.2% White, 14.9% Black or African American, 8.53% Hispanic or Latino, 6.11% Asian, 2.23% Two or More Races, 1.89% American Indian or Alaska Native, and 0.533% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Parker University (243823) in full-time Undergraduate programs are most commonly White Female (32.5%), followed by Black or African American Female (21.3%) and White Male (11.1%). Students enrolled in full-time Graduate programs are most commonly White Female (30%), followed by White Male (28%) and Black or African American Female (5.99%).

Full-Time vs Part-Time Enrollment

91.3%
Full-Time Enrollment

The total enrollment at Parker University (243823) in 2022, both undergraduate and graduate, is 2,063 students. The full-time enrollment at Parker University (243823) is 1,883 and the part-time enrollment is 180. This means that 91.3% of students enrolled at Parker University (243823) are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Parker University (243823) (in red) compares to similar universities.

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Retention Rate over Time

100%
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 Parker University (243823) was 100%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Parker University (243823) had a retention rate higher than its peers.

This chart shows the retention rate over time at Parker University (243823) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    1,138 enrolled students
  2. Black or African American
    308 enrolled students
  3. Hispanic or Latino
    176 enrolled students

The enrolled student population at Parker University (243823) is 55.2% White, 14.9% Black or African American, 8.53% Hispanic or Latino, 6.11% Asian, 2.23% Two or More Races, 1.89% American Indian or Alaska Native, and 0.533% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 212 students (10.3%) did not report their race.

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Graduates

In 2022, 33 more women than men received degrees from Parker University (243823). The most common race/ethnicity group of degree recipients at Parker University (243823) is white (366 degrees awarded). There were 2.95 times more white recipients than the next closest race/ethnicity group, hispanic or latino (124 degrees).

The most common Professional Doctorate concentration at Parker University (243823) is Chiropractic (288 degrees awarded).

In 2022,  the most specialized majors across all degree types at Parker University (243823), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Biology (129 degrees awarded), Health (493 degrees), and Parks, Recreation, & Leisure (19 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 Parker University (243823) are Registered nurses (1,493,040 people), Software developers (571,445 people), Physicians (508,427 people), Other managers (286,659 people), and Medical & health services managers (205,849 people).

The most specialized majors at Parker University (243823) in 2022 are Biology (129 degrees awarded), Health (493 degrees), Parks, Recreation, & Leisure (19 degrees), Computer and Information Sciences and Support Services (5 degrees), and Human Sciences (1 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 Parker University (243823) are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Nurse anesthetists

The most specialized majors at Parker University (243823) are Biology (129 degrees awarded), Health (493 degrees), Parks, Recreation, & Leisure (19 degrees), Computer and Information Sciences and Support Services (5 degrees), and Human Sciences (1 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Parker University (243823) are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,039,577 people), Computer Systems Design (645,004 people), Elementary & secondary schools (561,417 people), Colleges, universities & professional schools, including junior colleges (505,349 people), and Offices of physicians (414,518 people).

The most specialized majors at Parker University (243823) are Biology (129 degrees awarded), Health (493 degrees), Parks, Recreation, & Leisure (19 degrees), Computer and Information Sciences and Support Services (5 degrees), and Human Sciences (1 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 Parker University (243823).
Most Common (2022)
288 degrees awarded

In 2022, the most common professional doctorate concentration at Parker University (243823) was Chiropractic with 288 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from professional doctorate programs at Parker University (243823) according to their major.

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Sex Breakdown for Common Majors

314
Degrees Awarded to Men
in 2022
347
Degrees Awarded to Women
in 2022

In 2022, 314 degrees were awarded to men at Parker University (243823), which is 0.905 times less than the number of degrees awarded to females (347).

This chart displays the sex disparity between the top 5 majors at Parker University (243823) by degrees awarded.

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Most Common Male Majors

In 2022, 167 degrees were awarded to men at Parker University (243823) in Chiropractic, which is 1.38 times more than the 121 female recipients with that same degree.

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Most Common Female Majors

In 2022, 121 degrees were awarded to men at Parker University (243823) in Chiropractic, which is 0.725 times less than the 167 male recipients with that same degree.

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Time to Complete

100%
100% Completion Time
100%
150% Completion Time

In 2022, 100% of students graduating from Parker University (243823) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 100% completed their degrees within 150% of the normal time, and 100% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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.
Black or African American Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Parker University (243823) is Male and Black or African American (100% graduation rate). Across all Special Focus Institutions, 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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Race & Ethnicity by Share

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

The most common race/ethnicity at Parker University (243823) is white (366 degrees awarded). There were 2.95 times more white recipients than the next closest race/ethnicity group, hispanic or latino (124 degrees).

3.48% of degree recipients (23 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    190 degrees awarded
  2. White Female
    176 degrees awarded
  3. Hispanic or Latino Male
    67 degrees awarded

The most common race/ethnicity and sex grouping at Parker University (243823) is white male (190 degrees awarded). There were 1.08 times more white male recipients than the next closest race/ethnicity group, white female (176 degrees).

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Operations

Parker University (243823) has an endowment valued at nearly $35.5M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−15%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Parker University (243823) had a total salary expenditure of 62.9M. Parker University (243823) employs 52 Assistant professors, 17 Instructors and 16 Associate professors. Most academics at Parker University (243823) are Male Assistant professor (29), Female Assistant professor (23), and Female Instructor (10).

The most common positions for non-instructional staff at Parker University (243823) are: Management, with 61 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 42 employees, and Office and Administrative Support with 30 employees.

Endowment

$35.5M
2022 Endowment
13.1%
decline from 2021

Parker University (243823) has an endowment valued at about $35.5M, as of the end of the 2022 fiscal year. The endowment of Parker University (243823) declined 13.1% from the previous year. The value of their endowment was $23.9M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Parker University (243823) (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Other Health Professions Schools Carnegie Classification grouping.

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Salary Expenditure

$25.3M
2022 Salaries
13%
growth from 2021

In 2022, Parker University (243823) paid a median of $25.3M in salaries, which represents 40.2% of their overall expenditure ($62.9M) and a 13% growth from the previous year.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Instructional Salaries

$7.48M
Instructional Salaries
96
Number of Employees

In 2022, Parker University (243823) paid a total of $7.48M to 96 employees working as instructors, which represents 29.5% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

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Occupations by Share

Assistant professor
Most Common Instructor
52 Employees
Management
Most Common Non-Instructional Employee
61 Employees

In 2022, the most common positions for instructional staff at Parker University (243823) were Assistant professor with 52 employees, Instructor with 17 employees, and Associate professor with 16 employees.

In 2022, the most common positions for non-instructional staff at Parker University (243823) were Management with 61 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 42 employees, and Office and Administrative Support with 30 employees.

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Instructors by Academic Rank and Sex

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

In 2022, the most common demographic for instructional staff at Parker University (243823) was Male Assistant professor with 29 employees, Female Assistant professor with 23 employees, and Female Instructor with 10 employees.

This chart shows the sex split between each academic rank present at Parker University (243823).

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