Payback
EarningsPlus
Economic score
Howard Payne University is a private regional college located in Brownwood, Texas. Howard Payne University is moderately inclusive in their admissions.
Return on educational investment at Howard Payne University is in the bottom 25% of all ranked schools. The median student earns $43,756 10 years after enrolling, 58th in Texas, and in the bottom 50% nationally. When adjusted for earning differences by major, Howard Payne University bachelor students earn 17% less than the national average.
Howard Payne University’s median net annual cost of $23,404 and average years to graduate of 4.7 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 4 programs at Howard Payne University sorted by number of graduates - Business Administration, Education (subject specific), Criminology, Education - are shown below.
Annual net cost
$23,404
Average years to graduate
4.7
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
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 1 graduate programs at Howard Payne University - Business Administration - are shown below.
The average full-time graduate completes their degree in 4.7 years. 39% of all students graduate within 8 years including part-time students. The graduation rate at Howard Payne University is 14% lower than the state average, and 10% below the average for all regional colleges in the country.
At Howard Payne University, Pell Grant recipients represent 31% of the measured graduating class, 4% lower than the national average of 35%. The average Pell Grant recipient at Howard Payne University graduates within 4.7 years.
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.
Howard Payne University’s economic mobility score of 12.56 is calculated by adjusting the 4.43 economic score of lower-income students by the 31% pell grant recipients within the student body. Howard Payne University’s EMS of 12.56 ranks in the bottom 50% nationally. Please note that the economic mobility score considers only students that have graduated.
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 50%
The average Title IV recipient at Howard Payne University pays $23,404 a year, $18,838 less than the $42,242 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 $23,404
Much of the gap between net price and sticker price is filled by institutional and government grants. At Howard Payne University, 90% 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 $23,404 on average to be covered by the student – be it through loans or out of pocket. In total, 75% of students take out loans, federal or private, at an average amount of $7,380. This is 21% more than the national average.
Federal grants
$5,108
Pell grants
$4,787
State grants
$2,761
Institutional grants
$13,035
Howard Payne University's moderately inclusive admissions are indicated by their 59% acceptance rate. In 2021, the school had 1,333 applicants, of which 790 were admitted and 231 enrolled. Howard Payne University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
While Howard Payne University has a recommended testing policy, their average test scores are not made public.
Full time
93%
83%
Female
39%
59%
First time
80%
59%
In-state
97%
68%
1st generation
37%
35%
White
52%
52%
Black
11%
14%
Hispanic
27%
15%
Asian
N/A
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
9%
12%