Thomas More University

www.thomasmore.edu/

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2021 Undergraduate Tuition

$33,060

4.03% growth from 2020

2021 Average Net Price

$19,819

After Financial Aid

2019 Student Loan

1.91%

Default Rate

2021 Acceptance Rate

96.4%

2,691 Applicants

2021 Enrolled Students

1,980

69.1% Full-Time

2021 Graduation Rate

51.3%

137 Graduates

About

Thomas More University is a higher education institution located in Kenton County, KY. In 2021, the most popular Bachelors Degree concentrations at Thomas More University were General Business Administration & Management (75 degrees awarded), Liberal Arts & Sciences (32 degrees), and Registered Nursing (28 degrees).

In 2021, 440 degrees were awarded across all undergraduate and graduate programs at Thomas More University. 54.5% of these degrees were awarded to women, and 45.5% awarded men. The most common race/ethnicity group of degree recipients was white (344 degrees), 7.48 times more than then the next closest race/ethnicity group, black or african american (46 degrees).

The median undergraduate tuition at Thomas More University is $33,060, which is $9,876 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Thomas More University is $33,060, which is $9,876 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $19,819.

In 2021, 77% of undergraduate students attending Thomas More University received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Tuition Costs

$33,060

2021 Undergraduate Tuition

In 2021, the cost of tuition at Thomas More University was $33,060. The cost of tuition at Thomas More University is $9,876 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

Average Net Price

$19,819

2021 Value

5.03%

1 Year Growth

In 2021 Thomas More University had an average net price — the price paid after factoring in grants and loans — of $19,819. Between 2020 and 2021, the average net price of Thomas More University grew by 5.03%.

This chart compares the average net price of Thomas More 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

$8,172

Room and Board

The average yearly cost of room and board at Thomas More University was of $8,172 in 2021. The cost of room and board increased by 3.16% between 2020 and 2021.

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

Financial Aid by Income Level

77%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at Thomas More University received financial aid through grants or loans in 2021. This represents a growth of 13.2% with respect to 2020, when 68% of undergraduate students received financial aid.

This chart compares the average award discount at Thomas More 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.

1.91%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Thomas More University was 1.91%, which represents 10 out of the 524 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

Thomas More University received 2,691 undergraduate applications in 2021, which represents a 1.7% annual growth. Out of those 2,691 applicants, 2,595 students were accepted for enrollment, representing a 96.4% acceptance rate.

There were 1,980 students enrolled at Thomas More University in 2021.

Thomas More University has an overall enrollment yield of 15.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

96.4%

Acceptance Rate in 2021

2,595

Accepted Out of 2,691

In 2021, the undergraduate acceptance rate of Thomas More University was 96.4% (2,595 admissions from 2,691 applications). This is higher than the acceptance rate of 2020, which was 91.9%. Between 2020 and 2021, the number of applicants grew by 1.7%, while admissions grew by 6.7%..

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

Enrollment

Thomas More University had a total enrollment of 1,980 students in 2021. The full-time enrollment at Thomas More University is 1,369 students and the part-time enrollment is 611. This means that 69.1% of students enrolled at Thomas More University are enrolled full-time.

The enrolled student population at Thomas More University, both undergraduate and graduate, is 73.7% White, 7.22% Black or African American, 3.33% Two or More Races, 2.78% Hispanic or Latino, 1.16% Asian, and 0.0505% American Indian or Alaska Native.

Students enrolled at Thomas More University in full-time Undergraduate programs are most commonly White Female (43.3%), followed by White Male (33.8%) and Black or African American Male (6.63%). Students enrolled in full-time Graduate programs are most commonly White Male (42.1%), followed by White Female (31.6%) and Black or African American Female (7.02%).

Full-Time vs Part-Time Enrollment

69.1%

Full-Time Enrollment

The total enrollment at Thomas More University in 2021, both undergraduate and graduate, is 1,980 students. The full-time enrollment at Thomas More University is 1,369 and the part-time enrollment is 611. This means that 69.1% of students enrolled at Thomas More University are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

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

Retention Rate over Time

63%

2021 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 Thomas More University was 63%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Thomas More University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,459 enrolled students
Black or African American
143 enrolled students
Two or More Races
66 enrolled students

The enrolled student population at Thomas More University is 73.7% White, 7.22% Black or African American, 3.33% Two or More Races, 2.78% Hispanic or Latino, 1.16% Asian, and 0.0505% American Indian or Alaska Native. 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 52% White, 16.9% Hispanic or Latino, and 12.8% 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, 187 students (9.44%) did not report their race.

Graduates

In 2021, 40 more women than men received degrees from Thomas More University. The most common race/ethnicity group of degree recipients at Thomas More University is white (344 degrees awarded). There were 7.48 times more white recipients than the next closest race/ethnicity group, black or african american (46 degrees).

The most common Bachelor's Degree concentration at Thomas More University is General Business Administration & Management (75 degrees awarded), followed by Liberal Arts & Sciences (32 degrees) and Registered Nursing (28 degrees).

In 2021, the most specialized majors across all degree types at Thomas More University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are PHILOSOPHY AND RELIGIOUS STUDIES. (6 degrees awarded), Business (209 degrees), and History (7 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Thomas More University are Accountants & auditors (1,046,470 people), Other managers (782,393 people), Financial managers (482,840 people), Physicians (421,722 people), and Chief executives & legislators (397,143 people).

The most specialized majors at Thomas More University in 2021 are PHILOSOPHY AND RELIGIOUS STUDIES. (6 degrees awarded), Business (209 degrees), History (7 degrees), Biology (26 degrees), and Parks, Recreation, & Leisure (9 degrees) (as of 2021).

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 Thomas More University are Surgeons, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Cardiovascular technologists and technicians, and Physicians

The most specialized majors at Thomas More University are PHILOSOPHY AND RELIGIOUS STUDIES. (6 degrees awarded), Business (209 degrees), History (7 degrees), Biology (26 degrees), and Parks, Recreation, & Leisure (9 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Thomas More University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (795,541 people), Elementary & secondary schools (785,761 people), Colleges, universities & professional schools, including junior colleges (672,338 people), Computer Systems Design (536,235 people), and Banking & related activities (495,365 people).

Majors Awarded

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

Most Common (2021)

General Business Administration & Management
75 degree-majors awarded
Liberal Arts & Sciences
32 degree-majors awarded
Registered Nursing
28 degree-majors awarded

In 2021, the most common bachelors degree concentration at Thomas More University was General Business Administration & Management with 75 degrees awarded.

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

Sex Breakdown for Common Majors

200

Degrees Awarded to Men

in 2021

240

Degrees Awarded to Women

in 2021

In 2021, 200 degrees were awarded to men at Thomas More University, which is 0.833 times less than the number of degrees awarded to females (240).

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

Most Common Male Majors

In 2021, 80 degrees were awarded to men at Thomas More University in General Business Administration & Management, which is 1.36 times more than the 59 female recipients with that same degree.

Most Common Female Majors

In 2021, 59 degrees were awarded to men at Thomas More University in General Business Administration & Management, which is 0.738 times less than the 80 male recipients with that same degree.

Time to Complete

38%

100% Completion Time

54%

150% Completion Time

In 2021, 38% of students graduating from Thomas More University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 54% completed their degrees within 150% of the normal time, and 54% 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.

Two or More Races Female

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate in 2021 at Thomas More University is Female and Two or More Races (66.7% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.9%).

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, 0.73% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
344 degrees awarded
Black or African American
46 degrees awarded
Hispanic or Latino
13 degrees awarded

The most common race/ethnicity at Thomas More University is white (344 degrees awarded). There were 7.48 times more white recipients than the next closest race/ethnicity group, black or african american (46 degrees).

5.23% of degree recipients (23 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
184 degrees awarded
White Male
160 degrees awarded
Black or African American Female
26 degrees awarded

The most common race/ethnicity and sex grouping at Thomas More University is white female (184 degrees awarded). There were 1.15 times more white female recipients than the next closest race/ethnicity group, white male (160 degrees).

Operations

Thomas More University has an endowment valued at nearly $36.8M, as of the end of the 2021 fiscal year. The return on its endowment was of 7.84M (21.3%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Thomas More University had a total salary expenditure of 31.1M. Thomas More University employs 29 Assistant professors, 28 Professors and 25 Associate professors. Most academics at Thomas More University are Male Professor (18), Female Assistant professor (15), and Female Associate professor (14).

The most common positions for non-instructional staff at Thomas More University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 39 employees, Management, with 26 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 16 employees.

Endowment

$36.8M

2021 Endowment

29.7%

growth from 2020

Thomas More University has an endowment valued at about $36.8M, as of the end of the 2021 fiscal year. The endowment of Thomas More University grew 29.7% from the previous year. The value of their endowment was $13.7M 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 Thomas More 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

$13.1M

2021 Salaries

1.15%

growth from 2020

In 2021, Thomas More University paid a median of $13.1M in salaries, which represents 42.1% of their overall expenditure ($31.1M) and a 1.15% growth from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$5.04M

Instructional Salaries

Number of Employees

In 2021, Thomas More University paid a total of $5.04M to 83 employees working as instructors, which represents 38.4% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

29 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

39 Employees

In 2021, the most common positions for instructional staff at Thomas More University were Assistant professor with 29 employees, Professor with 28 employees, and Associate professor with 25 employees.

In 2021, the most common positions for non-instructional staff at Thomas More University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 39 employees, Management with 26 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 16 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Assistant professor
Female Associate professor

In 2021, the most common demographic for instructional staff at Thomas More University was Male Professor with 18 employees, Female Assistant professor with 15 employees, and Female Associate professor with 14 employees.

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