Aspen University

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2020 Undergraduate Tuition
$4,545
26.3% growth from 2019
2020 Average Net Price
$11,779
After Financial Aid
2018 Student Loan
5.03%
Default Rate
2020 Enrolled Students
9,563
34.6% Full-Time

About

Aspen University is a higher education institution located in Denver County, CO. In 2016, the most popular Bachelor's Degree concentrations at Aspen University were Public Health Nurse (1,087 degrees awarded), General Business Administration & Management (50 degrees), and Early Childhood Education & Teaching (44 degrees).

In 2020, 1,727 degrees were awarded across all undergraduate and graduate programs at Aspen University. 84.2% of these degrees were awarded to women, and 15.8% awarded men. The most common race/ethnicity group of degree recipients was unknown (944 degrees), 2.21 times more than then the next closest race/ethnicity group, white (427 degrees).

The median undergraduate tuition at Aspen University is $4,545, which is $−24,084 less than the national average for Doctoral Universities ($28,629).

Costs

The median undergraduate tuition at Aspen University is $4,545, which is $−24,084 less than the national average for Doctoral Universities ($28,629).

After taking grants and loans into account, the average net price for students is $11,779.

In 2020, 13% of undergraduate students attending Aspen University received financial aid through grants. Comparatively, 18% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$4,545
2020 Undergraduate Tuition

In 2020, the cost of tuition at Aspen University was $4,545. The cost of tuition at Aspen University is $−24,084 less than than the overall (public and private) national average for Doctoral Universities ($28,629).

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Average Net Price

$11,779
2020 Value

In 2020 Aspen University had an average net price — the price paid after factoring in grants and loans — of $11,779. Between 2019 and 2020, the average net price of Aspen University grew by 0%.

This chart compares the average net price of Aspen 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.

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Other Student Expenses

$10,488
Room and Board
$1,300
Books and Supplies

The average yearly cost of room and board at Aspen University was of $10,488 in 2020. During the same period, the average yearly cost of books and supplies was $1,300. The cost of room and board increased by 2.18% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

13%
Undergraduates Receiving Financial Aid through Grants
18%
Undergraduates Receiving Financial Aid through Loans

13% of undergraduate students at Aspen University received financial aid through grants or loans in 2020. This represents a growth of Infinityk% with respect to 2019, when null% of undergraduate students received financial aid.

This chart compares the average award discount at Aspen 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.

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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.
5.03%
2018 Default Rate
17
Number of Defaults

In 2018 the default rate for borrower's at Aspen University was 5.03%, which represents 17 out of the 338 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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Enrollment

Aspen University has a total enrollment of 9,563 students. The full-time enrollment at Aspen University is 3,309 students and the part-time enrollment is 6,254. This means that 34.6% of students enrolled at Aspen University are enrolled full-time.

The enrolled student population at Aspen University, both undergraduate and graduate, is 47.2% White, 19.3% Black or African American, 11.8% Hispanic or Latino, 5.47% Asian, 3.27% Two or More Races, 1.11% American Indian or Alaska Native, and 0.627% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Aspen University in full-time Undergraduate programs are most commonly White Female (40.7%), followed by Black or African American Female (16.8%) and Hispanic or Latino Female (13.2%). Students enrolled in full-time Graduate programs are most commonly White Female (38.8%), followed by Black or African American Female (18.7%) and White Male (7.38%).

Full-Time vs Part-Time Enrollment

34.6%
Full-Time Enrollment

The total enrollment at Aspen University, both undergraduate and graduate, is 9,563 students. The full-time enrollment at Aspen University is 3,309 and the part-time enrollment is 6,254. This means that 34.6% of students enrolled at Aspen University are enrolled full-time compared with 76.4% at similar Doctoral Universities.

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

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Retention Rate over Time

61%
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 Aspen University was 61%. Compared with the full-time retention rate at similar Doctoral Universities (84.5%), Aspen University had a retention rate lower than its peers.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    4,510
  2. Black or African American
    1,845
  3. Hispanic or Latino
    1,133

The enrolled student population at Aspen University is 47.2% White, 19.3% Black or African American, 11.8% Hispanic or Latino, 5.47% Asian, 3.27% Two or More Races, 1.11% American Indian or Alaska Native, and 0.627% 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 Doctoral Universities is 49.8% White, 15.1% Hispanic or Latino, and 9.74% Black or African American.

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Graduates

In 2020, 1181 more women than men received degrees from Aspen University. The most common race/ethnicity group of degree recipients at Aspen University is unknown (944 degrees awarded). There were 2.21 times more unknown graduates than the next closest race/ethnicity group, white (427 degrees).

The most common Bachelor's Degree concentration at Aspen University is Public Health Nurse (1,087 degrees awarded), followed by General Business Administration & Management (50 degrees) and Early Childhood Education & Teaching (44 degrees).

The most specialized majors across all degree types at Aspen University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (1,427 degrees awarded), Protective Services (41 degrees), and Education (86 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Aspen University are Elementary & middle school teachers (1,974,007 people), Registered nurses (1,453,569 people), Accountants & auditors (1,090,253 people), Other managers (809,258 people), and Financial managers (485,385 people).

The most specialized majors at Aspen University are Health (1,427 degrees awarded), Protective Services (41 degrees), Education (86 degrees), Psychology (44 degrees), and Business (113 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Aspen University are Surgeons, Physicians, Podiatrists, Magnetic resonance imaging technologists, and Chief executives & legislators

The most specialized majors at Aspen University are Health (1,427 degrees awarded), Protective Services (41 degrees), Education (86 degrees), Psychology (44 degrees), and Business (113 degrees).

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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 Aspen University are Elementary & secondary schools (3,524,513 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,956,728 people), Colleges, universities & professional schools, including junior colleges (746,375 people), Justice, public order, & safety activities (566,117 people), and Insurance carriers (551,185 people).

The most specialized majors at Aspen University are Health (1,427 degrees awarded), Protective Services (41 degrees), Education (86 degrees), Psychology (44 degrees), and Business (113 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Aspen University.
Most Common
  1. 1087 degree-majorss awarded
  2. 50 degree-majorss awarded
  3. 44 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Aspen University was Public Health Nurse with 1087 degrees awarded.

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

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Sex Breakdown for Common Majors

273
Degrees Awarded to Men
in 2020
1,454
Degrees Awarded to Women
in 2020

In 2020, 273 degrees were awarded to men at Aspen University, which is 0.188 times less than the number of degrees awarded to females (1,454).

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

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Most Common Male Majors

In 2020, 116 degrees were awarded to men at Aspen University in Public Health Nurse, which is 0.119 times less than the 971 female recipients with that same degree.

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Most Common Female Majors

In 2020, 971 degrees were awarded to women at Aspen University in Public Health Nurse, which is 8.37 times more than the 116 male recipients with that same degree.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
N/A
Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Aspen University is N/A and N/A (N/A% graduation rate). Across all Doctoral Universities, 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, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. Unknown
    944 degrees awarded
  2. White
    427 degrees awarded
  3. Black or African American
    197 degrees awarded

The most common race/ethnicity at Aspen University is unknown (944 degrees awarded). There were 2.21 times more unknown recipients than the next closest race/ethnicity group, white (427 degrees).

54.7% of degree recipients (944 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    363 degrees awarded
  2. Black or African American Female
    158 degrees awarded
  3. Hispanic or Latino Female
    64 degrees awarded

The most common race/ethnicity and sex grouping at Aspen University is white female (363 degrees awarded). There were 2.3 times more white female recipients than the next closest race/ethnicity group, black or african american female (158 degrees).

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Operations

Aspen University 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 (NaNk%), compared to the 3.48% average return ($10.5M on $302M) across all Doctoral Universities.

In 2020, Aspen University had a total salary expenditure of $29.7M. Aspen University employs 34 Instructors, 0 N/A, and 0 N/A. Most academics at Aspen University are Female Instructors (31), Male Instructors(3), and N/A (0).

The most common positions for non-instructional staff at Aspen University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 136 employees, Management, with 23 employees, and Office and Administrative Support with 10 employees.

Finances

Endowment

0%
growth from 2019

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

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Moderate Research Activity Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $0 - Federal
  2. $0 - State
  3. $0 - Local

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

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Expenses

Salary Expenditure

$14.7M
2020 Salaries
30.9%
growth from 2019

In 2020, Aspen University paid a median of $14.7M in salaries, which represents 49.3% of their overall expenditure ($29.7M) and a 30.9% growth from the previous year. This is compared to a 62.6% growth from 2018 and a 44.2% growth from 2017.

The median for similar Doctoral Universities is 238M (43% of overall expenditures).

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Instructional Salaries

$2.16M
Instructional Salaries
34
Number of Employees

In 2020, Aspen University paid a total of $2.16M to 34 employees working as instructors, which represents 14.7% of all salaries paid.

This is compared to a median of $69.9M (29.4%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Instructor
Most Common Instructor
34 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
136 Employees

In 2020, the most common positions for instructional staff at Aspen University were Instructor with 34 employees; false with 0 employees; and false with 0 employees.

In 2020, the most common positions for non-instructional staff at Aspen University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 136 employees; Management with 23 employees; and Office and Administrative Support with 10 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Female Instructor
  2. Male Instructor

In 2020, the most common demographic for instructional staff at Aspen University was Female Instructor with 31 employees, and Male Instructor with 3 employees.

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

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