Northwood University

www.northwood.edu/

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2021 Undergraduate Tuition

$29,000

3.5% growth from 2020

2021 Average Net Price

$23,080

After Financial Aid

2019 Student Loan

2.16%

Default Rate

2021 Acceptance Rate

83.3%

2,246 Applicants

2021 Enrolled Students

4,844

58.8% Full-Time

2021 Graduation Rate

61.6%

414 Graduates

About

Northwood University is a higher education institution located in Midland County, MI. In 2021, the most popular Bachelors Degree concentrations at Northwood University were General Business Administration & Management (370 degrees awarded), Accounting (110 degrees), and General Marketing & Marketing Management (89 degrees).

In 2021, 1,007 degrees were awarded across all undergraduate and graduate programs at Northwood University. 49.7% of these degrees were awarded to women, and 50.3% awarded men. The most common race/ethnicity group of degree recipients was white (707 degrees), 7.6 times more than then the next closest race/ethnicity group, black or african american (93 degrees).

The median undergraduate tuition at Northwood University is $29,000, which is $14,500 more than the national average for Special Focus Institutions ($14,500).

Special Focus Four-Year: Business & Management Schools Special Focus Institutions

Costs

In 2021, the median undergraduate tuition at Northwood University is $29,000, which is $14,500 more than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $23,080.

In 2021, 65% of undergraduate students attending Northwood University received financial aid through grants. Comparatively, 65% of undergraduate students received financial aid through loans.

Tuition Costs

$29,000

2021 Undergraduate Tuition

In 2021, the cost of tuition at Northwood University was $29,000. The cost of tuition at Northwood University is $14,500 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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

Average Net Price

$23,080

2021 Value

8.11%

1 Year Growth

In 2021 Northwood University had an average net price — the price paid after factoring in grants and loans — of $23,080. Between 2020 and 2021, the average net price of Northwood University grew by 8.11%.

This chart compares the average net price of Northwood 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

$10,930

Room and Board

$1,240

Books and Supplies

The average yearly cost of room and board at Northwood University was of $10,930 in 2021. The cost of room and board increased by 3.05% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,240. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

65%

Undergraduates Receiving Financial Aid through Grants

65%

Undergraduates Receiving Financial Aid through Loans

65% of undergraduate students at Northwood University received financial aid through grants or loans in 2021. This represents a growth of 3.17% with respect to 2020, when 63% of undergraduate students received financial aid.

This chart compares the average award discount at Northwood 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.

2.16%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Northwood University was 2.16%, which represents 23 out of the 1064 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

Northwood University received 2,246 undergraduate applications in 2021, which represents a 6.34% annual growth. Out of those 2,246 applicants, 1,872 students were accepted for enrollment, representing a 83.3% acceptance rate.

There were 4,844 students enrolled at Northwood University in 2021. 84% of first-time enrollees submitted SAT scores with their applications.

Northwood University has an overall enrollment yield of 31.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

83.3%

Acceptance Rate in 2021

1,872

Accepted Out of 2,246

In 2021, the undergraduate acceptance rate of Northwood University was 83.3% (1,872 admissions from 2,246 applications). This is higher than the acceptance rate of 2020, which was 76.8%. Between 2020 and 2021, the number of applicants grew by 6.34%, while admissions grew by 15.4%..

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

SAT Scores

84%

Submission Percentage (2020)

416

Scores Submitted (2020)

84% of enrolled first-time students at Northwood University 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

Northwood University had a total enrollment of 4,844 students in 2021. The full-time enrollment at Northwood University is 2,850 students and the part-time enrollment is 1,994. This means that 58.8% of students enrolled at Northwood University are enrolled full-time.

The enrolled student population at Northwood University, both undergraduate and graduate, is 69.4% White, 9.62% Black or African American, 6.65% Hispanic or Latino, 3.3% Two or More Races, 1.94% Asian, 0.289% American Indian or Alaska Native, and 0.0413% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Northwood University in full-time Undergraduate programs are most commonly White Male (45.2%), followed by White Female (28%) and Black or African American Male (5.22%). Students enrolled in full-time Graduate programs are most commonly White Female (41.2%), followed by White Male (40%) and Black or African American Male (2.35%).

Full-Time vs Part-Time Enrollment

58.8%

Full-Time Enrollment

The total enrollment at Northwood University in 2021, both undergraduate and graduate, is 4,844 students. The full-time enrollment at Northwood University is 2,850 and the part-time enrollment is 1,994. This means that 58.8% of students enrolled at Northwood University are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

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

Retention Rate over Time

85%

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 Northwood University was 85%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), Northwood University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
3,364 enrolled students
Black or African American
466 enrolled students
Hispanic or Latino
322 enrolled students

The enrolled student population at Northwood University is 69.4% White, 9.62% Black or African American, 6.65% Hispanic or Latino, 3.3% Two or More Races, 1.94% Asian, 0.289% American Indian or Alaska Native, and 0.0413% 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 43.6% White, 18.4% Hispanic or Latino, and 14% 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, 310 students (6.4%) did not report their race.

Graduates

In 2021, 7 fewer women than men received degrees from Northwood University. The most common race/ethnicity group of degree recipients at Northwood University is white (707 degrees awarded). There were 7.6 times more white recipients than the next closest race/ethnicity group, black or african american (93 degrees).

The most common Bachelor's Degree concentration at Northwood University is General Business Administration & Management (370 degrees awarded), followed by Accounting (110 degrees) and General Marketing & Marketing Management (89 degrees).

In 2021, the most specialized majors across all degree types at Northwood University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (937 degrees awarded), Parks, Recreation, & Leisure (22 degrees), and Communications (19 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 Northwood University are Registered nurses (1,445,916 people), Accountants & auditors (1,077,185 people), Other managers (898,352 people), Software developers (618,966 people), and Financial managers (507,966 people).

The most specialized majors at Northwood University in 2021 are Business (937 degrees awarded), Parks, Recreation, & Leisure (22 degrees), Communications (19 degrees), Computer and Information Sciences and Support Services (17 degrees), and Health (12 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 Northwood University are Surgeons, Nuclear medicine technologists and medical dosimetrists, Physicians, Cardiovascular technologists and technicians, and Architectural & engineering managers

The most specialized majors at Northwood University are Business (937 degrees awarded), Parks, Recreation, & Leisure (22 degrees), Communications (19 degrees), Computer and Information Sciences and Support Services (17 degrees), and Health (12 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 Northwood University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,884,940 people), Computer Systems Design (1,070,408 people), Elementary & secondary schools (901,924 people), Colleges, universities & professional schools, including junior colleges (641,133 people), and Banking & related activities (571,431 people).

Majors Awarded

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

Most Common (2020)

General Business Administration & Management
400 degree-majors awarded
Accounting
99 degree-majors awarded
General Marketing & Marketing Management
86 degree-majors awarded

In 2020, the most common bachelors degree concentration at Northwood University was General Business Administration & Management with 400 degrees awarded.

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

Sex Breakdown for Common Majors

507

Degrees Awarded to Men

in 2021

500

Degrees Awarded to Women

in 2021

In 2021, 507 degrees were awarded to men at Northwood University, which is 1.01 times more than the number of degrees awarded to females (500).

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

Most Common Male Majors

In 2021, 238 degrees were awarded to men at Northwood University in General Business Administration & Management, which is 0.891 times less than the 267 female recipients with that same degree.

Most Common Female Majors

In 2021, 267 degrees were awarded to men at Northwood University in General Business Administration & Management, which is 1.12 times more than the 238 male recipients with that same degree.

Time to Complete

44%

100% Completion Time

54%

150% Completion Time

In 2021, 44% of students graduating from Northwood 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 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Northwood University is Male and Asian (100% graduation rate). Across all Special Focus Institutions, 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, 1.93% of graduates (8 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
707 degrees awarded
Black or African American
93 degrees awarded
Hispanic or Latino
71 degrees awarded

The most common race/ethnicity at Northwood University is white (707 degrees awarded). There were 7.6 times more white recipients than the next closest race/ethnicity group, black or african american (93 degrees).

7.85% of degree recipients (79 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
364 degrees awarded
White Female
343 degrees awarded
Black or African American Female
48 degrees awarded

The most common race/ethnicity and sex grouping at Northwood University is white male (364 degrees awarded). There were 1.06 times more white male recipients than the next closest race/ethnicity group, white female (343 degrees).

Operations

Northwood University has an endowment valued at nearly $114M, as of the end of the 2021 fiscal year. The return on its endowment was of 58.8M (51.5%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Northwood University had a total salary expenditure of 46.2M. Northwood University employs 58 Assistant professors, 32 Associate professors and 6 Professors. Most academics at Northwood University are Male Assistant professor (38), Female Assistant professor (20), and Male Associate professor (18).

The most common positions for non-instructional staff at Northwood University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 124 employees, Management, with 52 employees, and Service with 44 employees.

Endowment

$114M

2021 Endowment

27.1%

growth from 2020

Northwood University has an endowment valued at about $114M, as of the end of the 2021 fiscal year. The endowment of Northwood University grew 27.1% from the previous year. The value of their endowment was $102M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Northwood University (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: Business & Management Schools Carnegie Classification grouping.

Salary Expenditure

$18.5M

2021 Salaries

21.2%

decline from 2020

In 2021, Northwood University paid a median of $18.5M in salaries, which represents 40.1% of their overall expenditure ($46.2M) and a 21.2% decline from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$5.73M

Instructional Salaries

Number of Employees

In 2021, Northwood University paid a total of $5.73M to 96 employees working as instructors, which represents 15.5% of all salaries paid.

This is compared to a median of $1.74M (56.8%) for similar Special Focus Institutions.

Occupations by Share

Assistant professor

Most Common Instructor

58 Employees

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

Most Common Non-Instructional Employee

124 Employees

In 2021, the most common positions for instructional staff at Northwood University were Assistant professor with 58 employees, Associate professor with 32 employees, and Professor with 6 employees.

In 2021, the most common positions for non-instructional staff at Northwood University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 124 employees, Management with 52 employees, and Service with 44 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Assistant professor
Female Assistant professor
Male Associate professor

In 2021, the most common demographic for instructional staff at Northwood University was Male Assistant professor with 38 employees, Female Assistant professor with 20 employees, and Male Associate professor with 18 employees.

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