Herzing University-Akron

www.herzing.edu

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2020 Undergraduate Tuition

$13,320

0% growth from 2019

2020 Average Net Price

$21,388

After Financial Aid

2018 Student Loan

8.41%

Default Rate

2020 Acceptance Rate

91.6%

119 Applicants

2020 Enrolled Students

502

54.2% Full-Time

2020 Graduation Rate

33.3%

13 Graduates

About

Herzing University-Akron is a higher education institution located in Summit County, OH. In 2020, the most popular Bachelor's Degree concentrations at Herzing University-Akron were General Business Administration & Management (14 degrees awarded), Health Care Administration & Management (8 degrees), and Criminal Justice - Safety Studies (7 degrees).

In 2020, 161 degrees were awarded across all undergraduate and graduate programs at Herzing University-Akron. 87.6% of these degrees were awarded to women, and 12.4% awarded men. The most common race/ethnicity group of degree recipients was white (78 degrees), 1.32 times more than then the next closest race/ethnicity group, black or african american (59 degrees).

The median undergraduate tuition at Herzing University-Akron is $13,320, which is $1,491 more than the national average for Baccalaureate/Associates Colleges ($11,829).

Costs

The median undergraduate tuition at Herzing University-Akron is $13,320, which is $1,491 more than the national average for Baccalaureate/Associates Colleges ($11,829).

After taking grants and loans into account, the average net price for students is $21,388.

In 2020, 92% of undergraduate students attending Herzing University-Akron received financial aid through grants. Comparatively, 90% of undergraduate students received financial aid through loans.

Tuition Costs

$13,320

2020 Undergraduate Tuition

In 2020, the cost of tuition at Herzing University-Akron was $13,320. The cost of tuition at Herzing University-Akron is $1,491 more than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($11,829).

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

Average Net Price

$21,388

2020 Value

4.59%

1 Year Growth

In 2020 Herzing University-Akron had an average net price — the price paid after factoring in grants and loans — of $21,388. Between 2019 and 2020, the average net price of Herzing University-Akron grew by 4.59%.

This chart compares the average net price of Herzing University-Akron (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

$10,314

Room and Board

$N/A

Books and Supplies

The average yearly cost of room and board at Herzing University-Akron was of $10,314 in 2020. During the same period, the average yearly cost of books and supplies was $N/A. The cost of room and board did not change between 2019 and 2020. The cost of books and supplies remained the same by NaNk% during the same period.

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

Financial Aid by Income Level

92%

Undergraduates Receiving Financial Aid through Grants

90%

Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at Herzing University-Akron received financial aid through grants or loans in 2020. This represents a decline of 3.16% with respect to 2019, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Herzing University-Akron (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.

8.41%

2018 Default Rate

401

Number of Defaults

In 2018 the default rate for borrower's at Herzing University-Akron was 8.41%, which represents 401 out of the 4767 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

Herzing University-Akron received 119 undergraduate applications in 2020, which represents a 14.4% annual decline. Out of those 119 applicants, 109 students were accepted for enrollment, representing a 91.6% acceptance rate.

There were 502 students enrolled at Herzing University-Akron in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Herzing University-Akron has an overall enrollment yield of 88.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

91.6%

Acceptance Rate in 2020

109

Accepted Out of 119

In 2020, the undergraduate acceptance rate of Herzing University-Akron was 91.6% (109 admissions from 119 applications). This is higher than the acceptance rate of 2019, which was 86.3%. Between 2019 and 2020, the number of applicants declined by −14.4%, while admissions declined by −9.17%.

This chart compares the acceptance rate of Herzing University-Akron (in red) with that of other similar universities.

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Herzing University-Akron in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Herzing University-Akron has a total enrollment of 502 students. The full-time enrollment at Herzing University-Akron is 272 students and the part-time enrollment is 230. This means that 54.2% of students enrolled at Herzing University-Akron are enrolled full-time.

The enrolled student population at Herzing University-Akron, both undergraduate and graduate, is 47.2% White, 39.4% Black or African American, 3.39% Two or More Races, 3.19% Hispanic or Latino, 1.39% Asian, 0.199% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Herzing University-Akron in full-time Undergraduate programs are most commonly Black or African American Female (40.4%), followed by White Female (35.7%) and White Male (7.35%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

54.2%

Full-Time Enrollment

The total enrollment at Herzing University-Akron, both undergraduate and graduate, is 502 students. The full-time enrollment at Herzing University-Akron is 272 and the part-time enrollment is 230. This means that 54.2% of students enrolled at Herzing University-Akron are enrolled full-time compared with 44.3% at similar Baccalaureate/Associates Colleges.

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

Retention Rate over Time

33%

2020 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 Herzing University-Akron was 33%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (66%), Herzing University-Akron had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
237
Black or African American
198
Two or More Races
17

The enrolled student population at Herzing University-Akron is 47.2% White, 39.4% Black or African American, 3.39% Two or More Races, 3.19% Hispanic or Latino, 1.39% Asian, 0.199% American Indian or Alaska Native, and 0% 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 Baccalaureate/Associates Colleges is 44.2% White, 26% Hispanic or Latino, and 13.5% Black or African American.

Graduates

In 2020, 121 more women than men received degrees from Herzing University-Akron. The most common race/ethnicity group of degree recipients at Herzing University-Akron is white (78 degrees awarded). There were 1.32 times more white graduates than the next closest race/ethnicity group, black or african american (59 degrees).

The most common Bachelor's Degree concentration at Herzing University-Akron is General Business Administration & Management (14 degrees awarded), followed by Health Care Administration & Management (8 degrees) and Criminal Justice - Safety Studies (7 degrees).

The most specialized majors across all degree types at Herzing University-Akron, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (115 degrees awarded), Protective Services (8 degrees), and Business (31 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Herzing University-Akron are Registered nurses (1,378,188 people), Accountants & auditors (1,056,915 people), Other managers (764,996 people), Software developers (542,892 people), and Financial managers (465,330 people).

The most specialized majors at Herzing University-Akron are Health (115 degrees awarded), Protective Services (8 degrees), Business (31 degrees), Legal (2 degrees), and Computer and Information Sciences and Support Services (4 degrees).

Highest Paying Jobs by Major

Physicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Herzing University-Akron are Physicians, Magnetic resonance imaging technologists, Surgeons, Nuclear medicine technologists and medical dosimetrists, and Architectural & engineering managers

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 Herzing University-Akron are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,763,430 people), Computer Systems Design (915,919 people), Elementary & secondary schools (701,909 people), Banking & related activities (537,894 people), and Insurance carriers (525,900 people).

Majors Awarded

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

Most Common

General Business Administration & Management
14 degree-majorss awarded
Health Care Administration & Management
8 degree-majorss awarded
Criminal Justice - Safety Studies
7 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Herzing University-Akron was General Business Administration & Management with 14 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

141

Degrees Awarded to Women

in 2020

In 2020, 20 degrees were awarded to men at Herzing University-Akron, which is 0.142 times less than the number of degrees awarded to females (141).

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

Most Common Male Majors

In 2020, 7 degrees were awarded to men at Herzing University-Akron in General Business Administration & Management, which is 0.333 times less than the 21 female recipients with that same degree.

Most Common Female Majors

In 2020, 36 degrees were awarded to women at Herzing University-Akron in Registered Nursing, which is 12 times more than the 3 male recipients with that same degree.

Time to Complete

100%

100% Completion Time

100%

150% Completion Time

In 2020, 100% of students graduating from Herzing University-Akron 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 Baccalaureate/Associates 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.

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 at Herzing University-Akron is Male and Two or More Races (100% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (72.4%).

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% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
78 degrees awarded
Black or African American
59 degrees awarded
Unknown
19 degrees awarded

The most common race/ethnicity at Herzing University-Akron is white (78 degrees awarded). There were 1.32 times more white recipients than the next closest race/ethnicity group, black or african american (59 degrees).

11.8% of degree recipients (19 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
67 degrees awarded
Black or African American Female
52 degrees awarded
White Male
11 degrees awarded

The most common race/ethnicity and sex grouping at Herzing University-Akron is white female (67 degrees awarded). There were 1.29 times more white female recipients than the next closest race/ethnicity group, black or african american female (52 degrees).

Operations

Herzing University-Akron has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 2.62% average return ($302k on $11.5M) across all Baccalaureate/Associates Colleges.

In 2020, Herzing University-Akron had a total salary expenditure of $5.59M. Herzing University-Akron employs 5 Assistant professors, 4 Associate professors, and 0 N/A. Most academics at Herzing University-Akron are Female Associate professors (4), Female Assistant professors(4), and Male Assistant professors (1).

The most common positions for non-instructional staff at Herzing University-Akron are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 7 employees, Office and Administrative Support, with 3 employees, and Management with 2 employees.

Endowment

growth from 2019

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

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

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2020, Herzing University-Akron received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$2.06M

2020 Salaries

1.28%

decline from 2019

In 2020, Herzing University-Akron paid a median of $2.06M in salaries, which represents 36.9% of their overall expenditure ($5.59M) and a 1.28% decline from the previous year. This is compared to a 3.4% decline from 2018 and a 9.51% growth from 2017.

The median for similar Baccalaureate/Associates Colleges is 10.7M (32% of overall expenditures).

Instructional Salaries

$635k

Instructional Salaries

Number of Employees

In 2020, Herzing University-Akron paid a total of $635k to 9 employees working as instructors, which represents 30.8% of all salaries paid.

This is compared to a median of $3.2M (29.9%) for similar Baccalaureate/Associates Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

5 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

7 Employees

In 2020, the most common positions for instructional staff at Herzing University-Akron were Assistant professor with 5 employees; Associate professor with 4 employees; and Associate professor with 0 employees.

In 2020, the most common positions for non-instructional staff at Herzing University-Akron were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 7 employees; Office and Administrative Support with 3 employees; and Management with 2 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Female Associate professor
Female Assistant professor
Male Assistant professor

In 2020, the most common demographic for instructional staff at Herzing University-Akron was Female Associate professor with 4 employees, Female Assistant professor with 4 employees, and Male Assistant professor with 1 employees.

This chart shows the sex split between each academic rank present at Herzing University-Akron.