Parker University

www.parker.edu/

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2021 Undergraduate Tuition

$23,760

9.89% growth from 2020

2021 Average Net Price

$18,752

After Financial Aid

2019 Student Loan

1.8%

Default Rate

2021 Enrolled Students

1,954

88.6% Full-Time

2021 Graduation Rate

73.2%

30 Graduates

About

Parker University is a higher education institution located in Dallas County, TX. In 2021, the most popular Professional Doctorate concentrations at Parker University were Chiropractic (233 degrees awarded).

In 2021, 493 degrees were awarded across all undergraduate and graduate programs at Parker University. 53.5% of these degrees were awarded to women, and 46.5% awarded men. The most common race/ethnicity group of degree recipients was white (280 degrees), 2.98 times more than then the next closest race/ethnicity group, hispanic or latino (94 degrees).

The median undergraduate tuition at Parker University is $23,760, which is $9,260 more than the national average for Special Focus Institutions ($14,500).

Special Focus Four-Year: Other Health Professions Schools Special Focus Institutions

Costs

In 2021, the median undergraduate tuition at Parker University is $23,760, which is $9,260 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 $18,752.

In 2021, 84% of undergraduate students attending Parker University received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Tuition Costs

$23,760

2021 Undergraduate Tuition

In 2021, the cost of tuition at Parker University was $23,760. The cost of tuition at Parker University is $9,260 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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

Average Net Price

$18,752

2021 Value

20.4%

1 Year Growth

In 2021 Parker University had an average net price — the price paid after factoring in grants and loans — of $18,752. Between 2020 and 2021, the average net price of Parker University grew by 20.4%.

This chart compares the average net price of Parker 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

$12,000

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Parker University was of $12,000 in 2021. The cost of room and board increased by 8.91% between 2020 and 2021.

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.

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

Financial Aid by Income Level

84%

Undergraduates Receiving Financial Aid through Grants

64%

Undergraduates Receiving Financial Aid through Loans

84% of undergraduate students at Parker University received financial aid through grants or loans in 2021. This represents a decline of 12.5% with respect to 2020, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Parker 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.

1.8%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Parker University 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.

Enrollment

Parker University had a total enrollment of 1,954 students in 2021. The full-time enrollment at Parker University is 1,732 students and the part-time enrollment is 222. This means that 88.6% of students enrolled at Parker University are enrolled full-time.

The enrolled student population at Parker University, both undergraduate and graduate, is 51.7% White, 14.7% Black or African American, 13.7% Hispanic or Latino, 6.29% Asian, 2.46% Two or More Races, 1.48% American Indian or Alaska Native, and 0.461% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Parker University in full-time Undergraduate programs are most commonly White Female (27.3%), followed by Black or African American Female (22.7%) and White Male (12.2%). Students enrolled in full-time Graduate programs are most commonly White Male (28.3%), followed by White Female (27.9%) and Hispanic or Latino Female (7.77%).

Full-Time vs Part-Time Enrollment

88.6%

Full-Time Enrollment

The total enrollment at Parker University in 2021, both undergraduate and graduate, is 1,954 students. The full-time enrollment at Parker University is 1,732 and the part-time enrollment is 222. This means that 88.6% of students enrolled at Parker 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 Parker University (in red) compares to similar universities.

Retention Rate over Time

83%

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 Parker University was 83%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), Parker University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,010 enrolled students
Black or African American
288 enrolled students
Hispanic or Latino
267 enrolled students

The enrolled student population at Parker University is 51.7% White, 14.7% Black or African American, 13.7% Hispanic or Latino, 6.29% Asian, 2.46% Two or More Races, 1.48% American Indian or Alaska Native, and 0.461% 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, 173 students (8.85%) did not report their race.

Graduates

In 2021, 35 more women than men received degrees from Parker University. The most common race/ethnicity group of degree recipients at Parker University is white (280 degrees awarded). There were 2.98 times more white recipients than the next closest race/ethnicity group, hispanic or latino (94 degrees).

The most common Professional Doctorate concentration at Parker University is Chiropractic (233 degrees awarded).

In 2021, the most specialized majors across all degree types at Parker University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (427 degrees awarded), Biology (46 degrees), and Computer and Information Sciences and Support Services (4 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 Parker University are Registered nurses (1,485,605 people), Accountants & auditors (1,075,758 people), Other managers (881,824 people), Software developers (625,668 people), and Physicians (508,976 people).

The most specialized majors at Parker University in 2021 are Health (427 degrees awarded), Biology (46 degrees), Computer and Information Sciences and Support Services (4 degrees), Liberal Arts & Humanities (6 degrees), and Business (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 Parker University are Surgeons, Broadcast announcers and radio disc jockeys, Physicians, Cardiovascular technologists and technicians, and Magnetic resonance imaging technologists

The most specialized majors at Parker University are Health (427 degrees awarded), Biology (46 degrees), Computer and Information Sciences and Support Services (4 degrees), Liberal Arts & Humanities (6 degrees), and Business (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 Parker University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,219,413 people), Computer Systems Design (1,039,182 people), Elementary & secondary schools (922,178 people), Colleges, universities & professional schools, including junior colleges (760,236 people), and Banking & related activities (553,633 people).

Majors Awarded

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

Chiropractic

Most Common (2021)

233 degree-majors awarded

In 2021, the most common professional doctorate concentration at Parker University was Chiropractic with 233 degrees awarded.

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

Sex Breakdown for Common Majors

229

Degrees Awarded to Men

in 2021

264

Degrees Awarded to Women

in 2021

In 2021, 229 degrees were awarded to men at Parker University, which is 0.867 times less than the number of degrees awarded to females (264).

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

Most Common Male Majors

In 2021, 137 degrees were awarded to men at Parker University in Chiropractic, which is 1.43 times more than the 96 female recipients with that same degree.

Most Common Female Majors

In 2021, 96 degrees were awarded to men at Parker University in Chiropractic, which is 0.701 times less than the 137 male recipients with that same degree.

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 Parker 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
280 degrees awarded
Hispanic or Latino
94 degrees awarded
Black or African American
72 degrees awarded

The most common race/ethnicity at Parker University is white (280 degrees awarded). There were 2.98 times more white recipients than the next closest race/ethnicity group, hispanic or latino (94 degrees).

2.43% of degree recipients (12 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
150 degrees awarded
White Female
130 degrees awarded
Hispanic or Latino Female
57 degrees awarded

The most common race/ethnicity and sex grouping at Parker University is white male (150 degrees awarded). There were 1.15 times more white male recipients than the next closest race/ethnicity group, white female (130 degrees).

Operations

Parker University has an endowment valued at nearly $40.9M, as of the end of the 2021 fiscal year. The return on its endowment was of 6.97M (17.1%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Parker University had a total salary expenditure of 49.1M. Parker University employs 35 Assistant professors, 21 Associate professors and 18 Professors. Most academics at Parker University are Male Assistant professor (21), Female Assistant professor (14), and Male Professor (11).

The most common positions for non-instructional staff at Parker University are: Management, with 55 employees, Office and Administrative Support, with 32 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 26 employees.

Endowment

$40.9M

2021 Endowment

20.5%

growth from 2020

Parker University has an endowment valued at about $40.9M, as of the end of the 2021 fiscal year. The endowment of Parker University grew 20.5% from the previous year. The value of their endowment was $28.3M 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 (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.

Salary Expenditure

$22.4M

2021 Salaries

12.1%

growth from 2020

In 2021, Parker University paid a median of $22.4M in salaries, which represents 45.6% of their overall expenditure ($49.1M) and a 12.1% growth from the previous year.

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

Instructional Salaries

$7.01M

Instructional Salaries

Number of Employees

In 2021, Parker University paid a total of $7.01M to 91 employees working as instructors, which represents 31.3% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Assistant professor

Most Common Instructor

35 Employees

Management

Most Common Non-Instructional Employee

55 Employees

In 2021, the most common positions for instructional staff at Parker University were Assistant professor with 35 employees, Associate professor with 21 employees, and Professor with 18 employees.

In 2021, the most common positions for non-instructional staff at Parker University were Management with 55 employees, Office and Administrative Support with 32 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 26 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Assistant professor
Female Assistant professor
Male Professor

In 2021, the most common demographic for instructional staff at Parker University was Male Assistant professor with 21 employees, Female Assistant professor with 14 employees, and Male Professor with 11 employees.

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