Paine College

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2022 Undergraduate Tuition
$12,706
2022 Average Net Price
$15,877
After Financial Aid
2019 Default Rate
13%
on Student Loans
2022 Acceptance Rate
51.5%
3,302 Applicants
2022 Enrolled Students
310
88.1% Full-Time
2022 Graduation Rate
17.8%
18 Graduates

About

Paine College is a higher education institution located in Richmond County, GA. In 2022, the most popular Bachelors Degree concentrations at Paine College were General Business Administration & Management (13 degrees awarded), Sociology (8 degrees), and General Biological Sciences (6 degrees).

In 2022, 42 degrees were awarded across all undergraduate and graduate programs at Paine College. 52.4% of these degrees were awarded to women, and 47.6% awarded men. The most common race/ethnicity group of degree recipients was black or african american (40 degrees), 40 times more than then the next closest race/ethnicity group, hispanic or latino (1 degrees).

The median undergraduate tuition at Paine College is $12,706, which is $−15,624 less than the national average for Baccalaureate Colleges ($28,330).

Costs

In 2022, the median undergraduate tuition at Paine College is $12,706, which is $−15,624 less than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $15,877.

In 2022, 99% of undergraduate students attending Paine College received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

Tuition Costs

$12,706
2022 Undergraduate Tuition

In 2022, the cost of tuition at Paine College was $12,706. The cost of tuition at Paine College is $−15,624 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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Average Net Price

$15,877
2022 Value
31.4%
1 Year Growth

In 2022 Paine College had an average net price — the price paid after factoring in grants and loans — of $15,877. Between 2021 and 2022, the average net price of Paine College grew by 31.4%.

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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

$7,512
Room and Board
$2,500
Books and Supplies

The average yearly cost of room and board at Paine College was of $7,512 in 2022. The cost of room and board increased by 12.8% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $2,500. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

99%
Undergraduates Receiving Financial Aid through Grants
72%
Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Paine College received financial aid through grants or loans in 2022. This represents a growth of 1.02% with respect to 2021, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at Paine College (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.
13%
2019 Default Rate
27
Number of Defaults

In 2019 the default rate for borrower's at Paine College was 13%, which represents 27 out of the 207 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

Paine College received 3,302 undergraduate applications in 2022, which represents a 290% annual growth. Out of those 3,302 applicants, 1,701 students were accepted for enrollment, representing a 51.5% acceptance rate.

There were 310 students enrolled at Paine College in 2022.

Paine College has an overall enrollment yield of 5.29%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

51.5%
Acceptance Rate in 2022
1,701
Accepted Out of 3,302

In 2022, the undergraduate acceptance rate of Paine College was 51.5% (1,701 admissions from 3,302 applications). This is lower than the acceptance rate of 2021, which was 52%. Between 2021 and 2022, the number of applicants grew by 290%, while admissions grew by 287%..

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

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Enrollment

Paine College had a total enrollment of 310 students in 2022. The full-time enrollment at Paine College is 273 students and the part-time enrollment is 37. This means that 88.1% of students enrolled at Paine College are enrolled full-time.

The enrolled student population at Paine College, both undergraduate and graduate, is 81% Black or African American, 4.19% Two or More Races, 3.55% Hispanic or Latino, 0.968% American Indian or Alaska Native, and 0.968% White.

Students enrolled at Paine College in full-time Undergraduate programs are most commonly Black or African American Female (46.2%), followed by Black or African American Male (34.4%) and Hispanic or Latino Female (2.56%).

Full-Time vs Part-Time Enrollment

88.1%
Full-Time Enrollment

The total enrollment at Paine College in 2022, both undergraduate and graduate, is 310 students. The full-time enrollment at Paine College is 273 and the part-time enrollment is 37. This means that 88.1% of students enrolled at Paine College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

61%
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 Paine College was 61%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Paine College had a retention rate lower than its peers.

This chart shows the retention rate over time at Paine College (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
    251 enrolled students
  2. Two or More Races
    13 enrolled students
  3. Hispanic or Latino
    11 enrolled students

The enrolled student population at Paine College is 81% Black or African American, 4.19% Two or More Races, 3.55% Hispanic or Latino, 0.968% American Indian or Alaska Native, and 0.968% White. 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, 12 students (3.87%) did not report their race.

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Graduates

In 2022, 2 more women than men received degrees from Paine College. The most common race/ethnicity group of degree recipients at Paine College is black or african american (40 degrees awarded). There were 40 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

The most common Bachelor's Degree concentration at Paine College is General Business Administration & Management (13 degrees awarded), followed by Sociology (8 degrees) and General Biological Sciences (6 degrees).

In 2022,  the most specialized majors across all degree types at Paine College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are History (6 degrees awarded), Social Sciences (8 degrees), and Math & Statistics (2 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Paine College are Lawyers, & judges, magistrates, & other judicial workers (487,386 people), Physicians (469,234 people), Other managers (455,406 people), Elementary & middle school teachers (344,212 people), and Postsecondary teachers (322,326 people).

The most specialized majors at Paine College in 2022 are History (6 degrees awarded), Social Sciences (8 degrees), Math & Statistics (2 degrees), Biology (6 degrees), and Psychology (5 degrees) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Paine College are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Paine College are History (6 degrees awarded), Social Sciences (8 degrees), Math & Statistics (2 degrees), Biology (6 degrees), and Psychology (5 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 Paine College are Elementary & secondary schools (931,899 people), Colleges, universities & professional schools, including junior colleges (739,764 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (734,851 people), Legal services (391,741 people), and Computer Systems Design (360,177 people).

The most specialized majors at Paine College are History (6 degrees awarded), Social Sciences (8 degrees), Math & Statistics (2 degrees), Biology (6 degrees), and Psychology (5 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 Paine College.
Most Common (2022)
  1. 13 degrees awarded
  2. 8 degrees awarded
  3. 6 degrees awarded

In 2022, the most common bachelors degree concentration at Paine College was General Business Administration & Management with 13 degrees awarded.

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

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Sex Breakdown for Common Majors

20
Degrees Awarded to Men
in 2022
22
Degrees Awarded to Women
in 2022

In 2022, 20 degrees were awarded to men at Paine College, which is 0.909 times less than the number of degrees awarded to females (22).

This chart displays the sex disparity between the top 5 majors at Paine College by degrees awarded.

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Most Common Male Majors

In 2022, 9 degrees were awarded to men at Paine College in General Business Administration & Management, which is 2.25 times more than the 4 female recipients with that same degree.

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Most Common Female Majors

In 2022, 6 degrees were awarded to women at Paine College in General Biological Sciences. There were no male recipients with the same degree.

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Time to Complete

7%
100% Completion Time
8%
150% Completion Time

In 2022, 7% of students graduating from Paine College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 8% completed their degrees within 150% of the normal time, and 9% 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.
White Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Paine College is Male and White (100% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. Black or African American
    40 degrees awarded
  2. Hispanic or Latino
    1 degrees awarded

The most common race/ethnicity at Paine College is black or african american (40 degrees awarded). There were 40 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

2.38% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

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

The most common race/ethnicity and sex grouping at Paine College is black or african american male (20 degrees awarded). There were 1 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (20 degrees).

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Operations

Paine College has an endowment valued at nearly $12M, as of the end of the 2022 fiscal year. The return on its endowment was of 836k (6.94%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Paine College had a total salary expenditure of 13.2M. Paine College employs 11 Assistant professors, 6 Instructors and 4 Associate professors. Most academics at Paine College are Female Assistant professor (6), Male Assistant professor (5), and Female Instructor (4).

The most common positions for non-instructional staff at Paine College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 22 employees, Management, with 14 employees, and Office and Administrative Support with 12 employees.

Endowment

$12M
2022 Endowment
12.8%
decline from 2021

Paine College has an endowment valued at about $12M, as of the end of the 2022 fiscal year. The endowment of Paine College declined 12.8% from the previous year. The value of their endowment was $37.2M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Paine College (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: Arts & Sciences Focus Carnegie Classification grouping.

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Salary Expenditure

$3.86M
2022 Salaries
36.3%
growth from 2021

In 2022, Paine College paid a median of $3.86M in salaries, which represents 29.3% of their overall expenditure ($13.2M) and a 36.3% 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

$758k
Instructional Salaries
23
Number of Employees

In 2022, Paine College paid a total of $758k to 23 employees working as instructors, which represents 19.6% 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
11 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
22 Employees

In 2022, the most common positions for instructional staff at Paine College were Assistant professor with 11 employees, Instructor with 6 employees, and Associate professor with 4 employees.

In 2022, the most common positions for non-instructional staff at Paine College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 22 employees, Management with 14 employees, and Office and Administrative Support with 12 employees.

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Instructors by Academic Rank and Sex

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

In 2022, the most common demographic for instructional staff at Paine College was Female Assistant professor with 6 employees, Male Assistant professor with 5 employees, and Female Instructor with 4 employees.

This chart shows the sex split between each academic rank present at Paine College.

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