Herzing University-Minneapolis (174154)

www.herzing.edu

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2022 Undergraduate Tuition

$11,820

11.3% growth from 2021

2022 Average Net Price

$19,527

After Financial Aid

2019 Default Rate

1.81%

on Student Loans

2022 Acceptance Rate

94.3%

210 Applicants

2022 Enrolled Students

815

50.1% Full-Time

2022 Graduation Rate

37.5%

3 Graduates

About

Herzing University-Minneapolis (174154) is a higher education institution located in Hennepin County, MN. In 2022, the most popular Bachelors Degree concentrations at Herzing University-Minneapolis (174154) were Registered Nursing (105 degrees awarded), Dental Hygiene (34 degrees), and Health Care Administration & Management (5 degrees).

In 2022, 247 degrees were awarded across all undergraduate and graduate programs at Herzing University-Minneapolis (174154). 89.5% of these degrees were awarded to women, and 10.5% awarded men. The most common race/ethnicity group of degree recipients was white (122 degrees), 2.44 times more than then the next closest race/ethnicity group, black or african american (50 degrees).

The median undergraduate tuition at Herzing University-Minneapolis (174154) is $11,820, which is $−3,121 less than the national average for Special Focus Institutions ($14,942).

In 2019 the default rate for borrower's at Herzing University-Minneapolis (174154) was 1.81%, corresponding to 82 out of the 4522 total borrowers.

Special Focus Four-Year: Other Health Professions Schools Special Focus Institutions

Costs

In 2022, the median undergraduate tuition at Herzing University-Minneapolis (174154) is $11,820, which is $3,122 less than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $19,527.

In 2022, 82% of undergraduate students attending Herzing University-Minneapolis (174154) received financial aid through grants. Comparatively, 79% of undergraduate students received financial aid through loans.

Tuition Costs

$11,820

2022 Undergraduate Tuition

In 2022, the cost of tuition at Herzing University-Minneapolis (174154) was $11,820. The cost of tuition at Herzing University-Minneapolis (174154) is $−3,122 less than than the overall (public and private) national average for Special Focus Institutions ($14,942).

This chart compares the tuition costs of Herzing University-Minneapolis (174154) (in red) with those of other similar universities.

Average Net Price

$19,527

2022 Value

11.5%

1 Year Growth

In 2022 Herzing University-Minneapolis (174154) had an average net price — the price paid after factoring in grants and loans — of $19,527. Between 2021 and 2022, the average net price of Herzing University-Minneapolis (174154) grew by 11.5%.

This chart compares the average net price of Herzing University-Minneapolis (174154) (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

$9,243

Room and Board

The average yearly cost of room and board at Herzing University-Minneapolis (174154) was of $9,243 in 2022. The cost of room and board decreased by 17.7% between 2021 and 2022.

This chart compares the average student costs at Herzing University-Minneapolis (174154) (in red) with that of similar universities.

Financial Aid by Income Level

82%

Undergraduates Receiving Financial Aid through Grants

79%

Undergraduates Receiving Financial Aid through Loans

82% of undergraduate students at Herzing University-Minneapolis (174154) received financial aid through grants or loans in 2022. This represents a decline of 7.87% with respect to 2021, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Herzing University-Minneapolis (174154) (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.

1.81%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Herzing University-Minneapolis (174154) was 1.81%, which represents 82 out of the 4522 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

Herzing University-Minneapolis (174154) received 210 undergraduate applications in 2022, which represents a 28.8% annual growth. Out of those 210 applicants, 198 students were accepted for enrollment, representing a 94.3% acceptance rate.

There were 815 students enrolled at Herzing University-Minneapolis (174154) in 2022.

Herzing University-Minneapolis (174154) has an overall enrollment yield of 68.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

94.3%

Acceptance Rate in 2022

198

Accepted Out of 210

In 2022, the undergraduate acceptance rate of Herzing University-Minneapolis (174154) was 94.3% (198 admissions from 210 applications). This is lower than the acceptance rate of 2021, which was 94.5%. Between 2021 and 2022, the number of applicants grew by 28.8%, while admissions grew by 28.6%.

This chart compares the acceptance rate of Herzing University-Minneapolis (174154) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Herzing University-Minneapolis (174154) had a total enrollment of 815 students in 2022. The full-time enrollment at Herzing University-Minneapolis (174154) is 408 students and the part-time enrollment is 407. This means that 50.1% of students enrolled at Herzing University-Minneapolis (174154) are enrolled full-time.

The enrolled student population at Herzing University-Minneapolis (174154), both undergraduate and graduate, is 44% White, 25.5% Black or African American, 11.4% Asian, 7.36% Hispanic or Latino, 3.8% Two or More Races, 0.368% Native Hawaiian or Other Pacific Islanders, and 0.123% American Indian or Alaska Native.

Students enrolled at Herzing University-Minneapolis (174154) in full-time Undergraduate programs are most commonly White Female (42.5%), followed by Black or African American Female (20.6%) and Asian Female (9.95%). Students enrolled in full-time Graduate programs are most commonly Black or African American Female (33.3%), followed by Asian Male (16.7%) and White Male (16.7%).

Full-Time vs Part-Time Enrollment

50.1%

Full-Time Enrollment

The total enrollment at Herzing University-Minneapolis (174154) in 2022, both undergraduate and graduate, is 815 students. The full-time enrollment at Herzing University-Minneapolis (174154) is 408 and the part-time enrollment is 407. This means that 50.1% of students enrolled at Herzing University-Minneapolis (174154) 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 Herzing University-Minneapolis (174154) (in red) compares to similar universities.

Retention Rate over Time

76%

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 Herzing University-Minneapolis (174154) was 76%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Herzing University-Minneapolis (174154) had a retention rate higher than its peers.

This chart shows the retention rate over time at Herzing University-Minneapolis (174154) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
359 enrolled students
Black or African American
208 enrolled students
Asian
93 enrolled students

The enrolled student population at Herzing University-Minneapolis (174154) is 44% White, 25.5% Black or African American, 11.4% Asian, 7.36% Hispanic or Latino, 3.8% Two or More Races, 0.368% Native Hawaiian or Other Pacific Islanders, and 0.123% 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.

Graduates

In 2022, 195 more women than men received degrees from Herzing University-Minneapolis (174154). The most common race/ethnicity group of degree recipients at Herzing University-Minneapolis (174154) is white (122 degrees awarded). There were 2.44 times more white recipients than the next closest race/ethnicity group, black or african american (50 degrees).

The most common Bachelor's Degree concentration at Herzing University-Minneapolis (174154) is Registered Nursing (105 degrees awarded), followed by Dental Hygiene (34 degrees) and Health Care Administration & Management (5 degrees).

In 2022, the most specialized majors across all degree types at Herzing University-Minneapolis (174154), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (227 degrees awarded), Interdisciplinary Studies (2 degrees), and Business (14 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Herzing University-Minneapolis (174154) are Registered nurses (1,515,465 people), Accountants & auditors (1,067,434 people), Other managers (867,091 people), Software developers (686,752 people), and Financial managers (518,942 people).

The most specialized majors at Herzing University-Minneapolis (174154) in 2022 are Health (227 degrees awarded), Interdisciplinary Studies (2 degrees), Business (14 degrees), Computer and Information Sciences and Support Services (2 degrees), and Liberal Arts & Humanities (2 degrees) (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 Herzing University-Minneapolis (174154) are Surgeons, Skincare specialists, Broadcast announcers and radio disc jockeys, Physicians, and Cardiovascular technologists and technicians

The most specialized majors at Herzing University-Minneapolis (174154) are Health (227 degrees awarded), Interdisciplinary Studies (2 degrees), Business (14 degrees), Computer and Information Sciences and Support Services (2 degrees), and Liberal Arts & Humanities (2 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Herzing University-Minneapolis (174154) are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,930,371 people), Computer Systems Design (1,092,783 people), Elementary & secondary schools (910,491 people), Colleges, universities & professional schools, including junior colleges (587,396 people), and Banking & related activities (558,054 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Herzing University-Minneapolis (174154).

Most Common (2022)

Registered Nursing
105 degrees awarded
Dental Hygiene
34 degrees awarded
Health Care Administration & Management
5 degrees awarded

In 2022, the most common bachelors degree concentration at Herzing University-Minneapolis (174154) was Registered Nursing with 105 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Herzing University-Minneapolis (174154) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

221

Degrees Awarded to Women

in 2022

In 2022, 26 degrees were awarded to men at Herzing University-Minneapolis (174154), which is 0.118 times less than the number of degrees awarded to females (221).

This chart displays the sex disparity between the top 5 majors at Herzing University-Minneapolis (174154) by degrees awarded.

Most Common Male Majors

In 2022, 13 degrees were awarded to men at Herzing University-Minneapolis (174154) in Registered Nursing, which is 0.141 times less than the 92 female recipients with that same degree.

Most Common Female Majors

In 2022, 92 degrees were awarded to men at Herzing University-Minneapolis (174154) in Registered Nursing, which is 7.08 times more than the 13 male recipients with that same degree.

Time to Complete

56%

100% Completion Time

56%

150% Completion Time

In 2022, 56% of students graduating from Herzing University-Minneapolis (174154) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 150% of the normal time, and 56% 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.

Black or African American Female

Highest Graduation Rate (50%)

The student demographic with the highest graduation rate in 2022 at Herzing University-Minneapolis (174154) is Female and Black or African American (50% 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
122 degrees awarded
Black or African American
50 degrees awarded
Asian
35 degrees awarded

The most common race/ethnicity at Herzing University-Minneapolis (174154) is white (122 degrees awarded). There were 2.44 times more white recipients than the next closest race/ethnicity group, black or african american (50 degrees).

6.48% of degree recipients (16 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
114 degrees awarded
Black or African American Female
45 degrees awarded
Asian Female
28 degrees awarded

The most common race/ethnicity and sex grouping at Herzing University-Minneapolis (174154) is white female (114 degrees awarded). There were 2.53 times more white female recipients than the next closest race/ethnicity group, black or african american female (45 degrees).

Operations

Herzing University-Minneapolis (174154) employs 14 Assistant professors, 5 Instructors and 5 Associate professors. Most academics at Herzing University-Minneapolis (174154) are Female Assistant professor (14), Female Instructor (5), and Female Associate professor (5).

The most common positions for non-instructional staff at Herzing University-Minneapolis (174154) are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 12 employees, Office and Administrative Support, with 4 employees, and Management with 2 employees.

Salary Expenditure

$4.17M

2022 Salaries

26.4%

growth from 2021

In 2022, Herzing University-Minneapolis (174154) paid a median of $4.17M in salaries, a 26.4% growth from the previous year. This is compared to a 11.9% growth between 2020 and 2021, and a 17.7% growth between 2019 and 2020.

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

Instructional Salaries

$2.07M

Instructional Salaries

Number of Employees

In 2022, Herzing University-Minneapolis (174154) paid a total of $2.07M to 24 employees working as instructors, which represents 49.6% of all salaries paid.

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

Occupations by Share

Assistant professor

Most Common Instructor

14 Employees

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

Most Common Non-Instructional Employee

12 Employees

In 2022, the most common positions for instructional staff at Herzing University-Minneapolis (174154) were Assistant professor with 14 employees, Instructor with 5 employees, and Associate professor with 5 employees.

In 2022, the most common positions for non-instructional staff at Herzing University-Minneapolis (174154) were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 12 employees, Office and Administrative Support with 4 employees, and Management with 2 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Assistant professor
Female Instructor
Female Associate professor

In 2022, the most common demographic for instructional staff at Herzing University-Minneapolis (174154) was Female Assistant professor with 14 employees, Female Instructor with 5 employees, and Female Associate professor with 5 employees.

This chart shows the sex split between each academic rank present at Herzing University-Minneapolis (174154).

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