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EarningsPlus
Economic score
William Penn University is a private regional college located in Oskaloosa, Iowa. William Penn University is moderately inclusive in their admissions.
Return on educational investment at William Penn University is in the bottom 50% of all ranked schools. The median student earns $45,250 10 years after enrolling, 23rd in Iowa, and in the bottom 50% nationally. When adjusted for earning differences by major, William Penn University bachelor students earn 5% more than the national average.
William Penn University’s median net annual cost of $21,208 and average years to graduate of 4.5 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 4 programs at William Penn University sorted by number of graduates - Business Administration, Education, Psychology, HR Management - are shown below.
Annual net cost
$21,208
Average years to graduate
4.5
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 William Penn University - Business Administration - are shown below.
The average full-time graduate completes their degree in 4.5 years. 42% of all students graduate within 8 years including part-time students. The graduation rate at William Penn University is 23% lower than the state average, and 7% below the average for all regional colleges in the country.
At William Penn University, Pell Grant recipients represent 50% of the measured graduating class, 15% higher than the national average of 35%. The average Pell Grant recipient at William Penn University graduates within 4.5 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.
William Penn University’s economic mobility score of 5.7 is calculated by adjusting the 10.35 economic score of lower-income students by the 50% pell grant recipients within the student body. William Penn University’s EMS of 5.7 ranks in the bottom 10% 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 10%
The average Title IV recipient at William Penn University pays $21,208 a year, $18,492 less than the $39,700 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 $21,208
Much of the gap between net price and sticker price is filled by institutional and government grants. At William Penn University, 100% 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 $21,208 on average to be covered by the student – be it through loans or out of pocket. In total, 96% of students take out loans, federal or private, at an average amount of $7,515. This is 42% more than the national average.
Federal grants
$5,411
Pell grants
$4,764
State grants
$6,046
Institutional grants
$13,596
William Penn University offers 11 online bachelor programs, one of which is held exclusively online. At the master’s level William Penn University offers 2 programs, both of which are in 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
13
Hybrid programs
12
Percentage of programs online
23%
William Penn University's moderately inclusive admissions are indicated by their 58% acceptance rate. In 2021, the school had 1,387 applicants, of which 800 were admitted and 335 enrolled. William Penn University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
96%
83%
Female
41%
59%
First time
54%
59%
In-state
31%
68%
1st generation
38%
35%
White
54%
52%
Black
19%
14%
Hispanic
10%
15%
Asian
1%
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
15%
12%