Payback
EarningsPlus
Economic score
Faulkner University is a private regional university located in Montgomery, Alabama. Faulkner University is moderately inclusive in their admissions.
Return on educational investment at Faulkner University is in the bottom 25% of all ranked schools. The median student earns $39,437 10 years after enrolling, 12th in Alabama, and in the bottom 25% nationally. When adjusted for earning differences by major, Faulkner University bachelor students earn 10% less than the national average. Faulkner University is ranked 10th in Alabama.
Faulkner University’s median net annual cost of $20,500 and average years to graduate of 4.3 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Faulkner University sorted by number of graduates - Criminal Justice, Business Administration, Business and Commerce, HR Management, Clinical / Counseling Psych, Education - are shown below.
Annual net cost
$20,500
Average years to graduate
4.3
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 4 graduate programs at Faulkner University - Business Administration, Quantitative methods Mgmt., Criminal Justice, Mental & Social Health Services - are shown below.
The average full-time graduate completes their degree in 4.3 years. 60% of all students graduate within 8 years including part-time students. The graduation rate at Faulkner University is 8% higher than the state average, and 2% above the average for all regional universities in the country.
At Faulkner University, Pell Grant recipients represent 46% of the measured graduating class, 11% higher than the national average of 35%. The average Pell Grant recipient at Faulkner University graduates within 4.3 years.
Faulkner University is in the top 25% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Faulkner University’s economic mobility score of 7.18 is calculated by adjusting the 8.55 economic score of lower-income students by the 46% pell grant recipients within the student body. Faulkner University’s EMS of 7.18 ranks in the bottom 25% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 25%
The average Title IV recipient at Faulkner University pays $20,500 a year, $16,790 less than the $37,290 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $20,500
Much of the gap between net price and sticker price is filled by institutional and government grants. At Faulkner University, 99% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $20,500 on average to be covered by the student – be it through loans or out of pocket. In total, 74% of students take out loans, federal or private, at an average amount of $9,338. This is 20% more than the national average.
Federal grants
$8,687
Pell grants
$4,783
State grants
$1,232
Institutional grants
$13,452
Faulkner University offers 40 online bachelor programs, all of which are hybrid format. At the master’s level Faulkner University offers 17 programs, all of which are hybrid format. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
57
Hybrid programs
57
Percentage of programs online
100%
Faulkner University's moderately inclusive admissions are indicated by their 65% acceptance rate. In 2021, the school had 1,791 applicants, of which 1,157 were admitted and 233 enrolled. Faulkner University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
71%
83%
Female
64%
59%
First time
36%
59%
In-state
74%
68%
1st generation
43%
35%
White
46%
52%
Black
42%
14%
Hispanic
3%
15%
Asian
1%
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
7%
12%