Fairmont State University

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2023 Average Net Price
$10,993
After Financial Aid
2021 Default Rate
0%
on Student Loans
2023 Enrolled Students
3,307
73.6% Full-Time

About

Fairmont State University is a higher education institution located in Marion County, WV. In 2023, the most popular Associates Degree concentrations at Fairmont State University were Registered Nursing (140 degrees awarded), Occupational Safety & Health Technology (3 degrees), and Civil Engineering Technology (2 degrees).

In 2021 the default rate for borrower's at Fairmont State University was 0%, corresponding to 0 out of the 1,050 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $10,993.

In 2023, 68% of undergraduate students attending Fairmont State University received financial aid through grants. Comparatively, 41% of undergraduate students received financial aid through loans.

Average Net Price

$10,993
2023 Value
1.84%
1 Year Growth

In 2023 Fairmont State University had an average net price — the price paid after factoring in grants and loans — of $10,993. Between 2022 and 2023, the average net price of Fairmont State University grew by 1.84%.

This chart compares the average net price of Fairmont State 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.

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Financial Aid by Income Level

68%
Undergraduates Receiving Financial Aid through Grants
41%
Undergraduates Receiving Financial Aid through Loans

68% of undergraduate students at Fairmont State University received financial aid through grants or loans in 2023. This represents a decline of 8.11% with respect to 2022, when 74% of undergraduate students received financial aid.

This chart compares the average award discount at Fairmont State 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.

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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.
0%
2021 Default Rate
0
Number of Defaults

In 2021 the default rate for borrower's at Fairmont State University was 0%, which represents 0 out of the 1050 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.

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Enrollment

Fairmont State University had a total enrollment of 3,307 students in 2023. The full-time enrollment at Fairmont State University is 2,433 students and the part-time enrollment is 874. This means that 73.6% of students enrolled at Fairmont State University are enrolled full-time.

Students enrolled at Fairmont State University in full-time Undergraduate programs are most commonly White Female (47.8%), followed by White Male (38.1%) and Black or African American Male (3.28%). Students enrolled in full-time Graduate programs are most commonly White Female (48%), followed by White Male (36.2%) and Black or African American Female (4.59%).

Full-Time vs Part-Time Enrollment

73.6%
Full-Time Enrollment

The total enrollment at Fairmont State University in 2023, both undergraduate and graduate, is 3,307 students. The full-time enrollment at Fairmont State University is 2,433 and the part-time enrollment is 874. This means that 73.6% of students enrolled at Fairmont State University are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

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

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Graduates

The most common Associates Degree concentration at Fairmont State University is Registered Nursing (140 degrees awarded), followed by Occupational Safety & Health Technology (3 degrees) and Civil Engineering Technology (2 degrees).

In 2023,  the most specialized majors across all degree types at Fairmont State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (18 degrees awarded), Engineering Technologies (64 degrees), and Parks, Recreation, & Leisure (47 degrees).

Common Jobs by Major

N/A
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Fairmont State University are N/A.

The most specialized majors at Fairmont State University in 2023 are Architecture and Related Services (18 degrees awarded), Engineering Technologies (64 degrees), Parks, Recreation, & Leisure (47 degrees), Protective Services (83 degrees), and Social Sciences (87 degrees) (as of 2023).

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Highest Paying Jobs by Major

N/A
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Fairmont State University are N/A

The most specialized majors at Fairmont State University are Architecture and Related Services (18 degrees awarded), Engineering Technologies (64 degrees), Parks, Recreation, & Leisure (47 degrees), Protective Services (83 degrees), and Social Sciences (87 degrees) (as of 2023).

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Common Industries by Major

N/A
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Fairmont State University are N/A.

The most specialized majors at Fairmont State University are Architecture and Related Services (18 degrees awarded), Engineering Technologies (64 degrees), Parks, Recreation, & Leisure (47 degrees), Protective Services (83 degrees), and Social Sciences (87 degrees) (as of 2023).

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Operations

Fairmont State University has an endowment valued at nearly $30M, as of the end of the 2023 fiscal year. The return on its endowment was of 1.58M (5.28%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Fairmont State University had a total salary expenditure of 60.1M. N/A Most academics at Fairmont State University are Female Assistant professor (49), Male Assistant professor (29), and Male Professor (19).

Endowment

$30M
2023 Endowment
5.32%
growth from 2022

Fairmont State University has an endowment valued at about $30M, as of the end of the 2023 fiscal year. The endowment of Fairmont State University grew 5.32% from the previous year. The value of their endowment was $19.8M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Fairmont State University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Small Programs Carnegie Classification grouping.

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Instructional Salaries

$10.5M
Instructional Salaries
159
Number of Employees

In 2023, Fairmont State University paid a total of $10.5M to 159 employees working as instructors, which represents 36.6% of all salaries paid.

This is compared to a median of $N/A (N/A%) for similar N/A.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Female Assistant professor
  2. Male Assistant professor
  3. Male Professor

In 2023, the most common demographic for instructional staff at Fairmont State University was Female Assistant professor with 49 employees, Male Assistant professor with 29 employees, and Male Professor with 19 employees.

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

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