Cleary University

www.cleary.edu

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2022 Undergraduate Tuition

$22,279

3% growth from 2021

2022 Average Net Price

$27,209

After Financial Aid

2019 Default Rate

1.49%

on Student Loans

2022 Acceptance Rate

67.5%

810 Applicants

2022 Enrolled Students

891

80% Full-Time

2022 Graduation Rate

49.2%

63 Graduates

About

Cleary University is a higher education institution located in Livingston County, MI. In 2022, the most popular Bachelors Degree concentrations at Cleary University were General Business Administration & Management (74 degrees awarded), Accounting & Finance (8 degrees), and General Hospitality Management (2 degrees).

In 2022, 171 degrees were awarded across all undergraduate and graduate programs at Cleary University. 53.2% of these degrees were awarded to women, and 46.8% awarded men. The most common race/ethnicity group of degree recipients was white (51 degrees), 4.64 times more than then the next closest race/ethnicity group, black or african american (11 degrees).

The median undergraduate tuition at Cleary University is $22,279, which is $7,338 more than the national average for Special Focus Institutions ($14,942).

In 2019 the default rate for borrower's at Cleary University was 1.49%, corresponding to 3 out of the 201 total borrowers.

Special Focus Four-Year: Business & Management Schools Special Focus Institutions

Costs

In 2022, the median undergraduate tuition at Cleary University is $22,279, which is $7,338 more than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $27,209.

In 2022, 84% of undergraduate students attending Cleary University received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Tuition Costs

$22,279

2022 Undergraduate Tuition

In 2022, the cost of tuition at Cleary University was $22,279. The cost of tuition at Cleary University is $7,338 more than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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

Average Net Price

$27,209

2022 Value

51.3%

1 Year Growth

In 2022 Cleary University had an average net price — the price paid after factoring in grants and loans — of $27,209. Between 2021 and 2022, the average net price of Cleary University grew by 51.3%.

This chart compares the average net price of Cleary 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

$9,600

Room and Board

$1,404

Books and Supplies

The average yearly cost of room and board at Cleary University was of $9,600 in 2022. The cost of room and board decreased by 0.312% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,404. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

84%

Undergraduates Receiving Financial Aid through Grants

53%

Undergraduates Receiving Financial Aid through Loans

84% of undergraduate students at Cleary University received financial aid through grants or loans in 2022. This represents a decline of 2.33% with respect to 2021, when 86% of undergraduate students received financial aid.

This chart compares the average award discount at Cleary 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.

1.49%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Cleary University was 1.49%, which represents 3 out of the 201 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.

Admissions

Cleary University received 810 undergraduate applications in 2022, which represents a 15% annual growth. Out of those 810 applicants, 547 students were accepted for enrollment, representing a 67.5% acceptance rate.

There were 891 students enrolled at Cleary University in 2022.

Cleary University has an overall enrollment yield of 18.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

67.5%

Acceptance Rate in 2022

547

Accepted Out of 810

In 2022, the undergraduate acceptance rate of Cleary University was 67.5% (547 admissions from 810 applications). This is lower than the acceptance rate of 2021, which was 75.9%. Between 2021 and 2022, the number of applicants declined by 15%, while admissions declined by 24.3%.

This chart compares the acceptance rate of Cleary University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

0% of enrolled first-time students at Cleary University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Cleary University had a total enrollment of 891 students in 2022. The full-time enrollment at Cleary University is 713 students and the part-time enrollment is 178. This means that 80% of students enrolled at Cleary University are enrolled full-time.

The enrolled student population at Cleary University, both undergraduate and graduate, is 21.9% White, 4.15% Black or African American, 1.91% Hispanic or Latino, 0.561% Asian, and 0.224% American Indian or Alaska Native.

Students enrolled at Cleary University in full-time Undergraduate programs are most commonly White Male (15%), followed by White Female (9.04%) and Black or African American Male (1.63%). Students enrolled in full-time Graduate programs are most commonly White Female (12.5%), followed by White Male (9.38%) and Black or African American Male (5.63%).

Full-Time vs Part-Time Enrollment

80%

Full-Time Enrollment

The total enrollment at Cleary University in 2022, both undergraduate and graduate, is 891 students. The full-time enrollment at Cleary University is 713 and the part-time enrollment is 178. This means that 80% of students enrolled at Cleary University are enrolled full-time compared with N/A% at similar Special Focus Institutions.

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

Retention Rate over Time

52%

2022 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 Cleary University was 52%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Cleary University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
195 enrolled students
Black or African American
37 enrolled students
Hispanic or Latino
17 enrolled students

The enrolled student population at Cleary University is 21.9% White, 4.15% Black or African American, 1.91% Hispanic or Latino, 0.561% Asian, and 0.224% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 598 students (67.1%) did not report their race.

Graduates

In 2022, 11 more women than men received degrees from Cleary University. The most common race/ethnicity group of degree recipients at Cleary University is white (51 degrees awarded). There were 4.64 times more white recipients than the next closest race/ethnicity group, black or african american (11 degrees).

The most common Bachelor's Degree concentration at Cleary University is General Business Administration & Management (74 degrees awarded), followed by Accounting & Finance (8 degrees) and General Hospitality Management (2 degrees).

In 2022, the most specialized majors across all degree types at Cleary University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (171 degrees awarded).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Cleary University are Accountants & auditors (1,008,579 people), Other managers (649,343 people), Financial managers (473,449 people), Chief executives & legislators (354,951 people), and Firstline supervisors of retail sales workers (240,967 people).

The most specialized majors at Cleary University in 2022 are Business (171 degrees awarded) (as of 2022).

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 Cleary University are Surgeons, Physicians, Magnetic resonance imaging technologists, Nuclear medicine technologists and medical dosimetrists, and Chief executives & legislators

The most specialized majors at Cleary University are Business (171 degrees awarded) (as of 2022).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Cleary University are Computer Systems Design (471,434 people), Banking & related activities (459,333 people), Elementary & secondary schools (438,655 people), Accounting, tax preparation, bookkeeping & payroll services (399,416 people), and Securities, commodities, funds, trusts & other financial investments (394,438 people).

The most specialized majors at Cleary University are Business (171 degrees awarded) (as of 2022).

Majors Awarded

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

Most Common (2022)

General Business Administration & Management
74 degrees awarded
Accounting & Finance
8 degrees awarded
General Hospitality Management
2 degrees awarded

In 2022, the most common bachelors degree concentration at Cleary University was General Business Administration & Management with 74 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 80 degrees were awarded to men at Cleary University, which is 0.879 times less than the number of degrees awarded to females (91).

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

Most Common Male Majors

In 2022, 63 degrees were awarded to men at Cleary University in General Business Administration & Management, which is 0.818 times less than the 77 female recipients with that same degree.

Most Common Female Majors

In 2022, 77 degrees were awarded to men at Cleary University in General Business Administration & Management, which is 1.22 times more than the 63 male recipients with that same degree.

Time to Complete

100% Completion Time

150% Completion Time

In 2022, 4% of students graduating from Cleary University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 8% completed their degrees within 150% of the normal time, and 8% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Cleary University is Female and Asian (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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 (2022)

White
51 degrees awarded
Black or African American
11 degrees awarded
Hispanic or Latino
4 degrees awarded

The most common race/ethnicity at Cleary University is white (51 degrees awarded). There were 4.64 times more white recipients than the next closest race/ethnicity group, black or african american (11 degrees).

60.8% of degree recipients (104 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
29 degrees awarded
White Male
22 degrees awarded
Black or African American Female
6 degrees awarded

The most common race/ethnicity and sex grouping at Cleary University is white female (29 degrees awarded). There were 1.32 times more white female recipients than the next closest race/ethnicity group, white male (22 degrees).

Operations

Cleary University has an endowment valued at nearly $1.3M, as of the end of the 2022 fiscal year. The return on its endowment was of −69.5k (−5.33%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Cleary University had a total salary expenditure of 12.1M. Cleary University employs 5 Associate professors, 2 Professors. Most academics at Cleary University are Female Associate professor (3), Male Associate professor (2), and Male Professor (1).

The most common positions for non-instructional staff at Cleary University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 21 employees, Management, with 12 employees, and Service with 10 employees.

Endowment

$1.3M

2022 Endowment

6.76%

decline from 2021

This line chart shows how the endowment at Cleary 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: Business & Management Schools Carnegie Classification grouping.

Salary Expenditure

$5.44M

2022 Salaries

37.3%

growth from 2021

In 2022, Cleary University paid a median of $5.44M in salaries, which represents 44.9% of their overall expenditure ($12.1M) and a 37.3% growth from the previous year. This is compared to a 14.3% decline between 2020 and 2021, and a 14.1% decline between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$485k

Instructional Salaries

Number of Employees

In 2022, Cleary University paid a total of $485k to 7 employees working as instructors, which represents 8.92% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

Occupations by Share

Associate professor

Most Common Instructor

5 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

21 Employees

In 2022, the most common positions for instructional staff at Cleary University were Associate professor with 5 employees, and Professor with 2 employees.

In 2022, the most common positions for non-instructional staff at Cleary University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 21 employees, Management with 12 employees, and Service with 10 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Associate professor
Male Associate professor
Male Professor

In 2022, the most common demographic for instructional staff at Cleary University was Female Associate professor with 3 employees, Male Associate professor with 2 employees, and Male Professor with 1 employees.

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

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