Bastyr University Tuition and Costs: A Comprehensive Overview
Bastyr University, a special focus institution, offers a range of undergraduate and graduate programs. Understanding the costs associated with attending this university is crucial for prospective students and their families. This article provides a detailed overview of Bastyr University's tuition, fees, financial aid options, and other related expenses.
Tuition Costs
The median undergraduate tuition at Bastyr University is $29,820. The cost of tuition at Bastyr University is $14,656 more than than the overall (public and private) national average for Special Focus Institutions ($15,164).
In 2023, the cost of tuition at Bastyr University was $29,820. This is significantly higher than the national average for Special Focus Institutions, which stands at $15,164. This difference highlights the importance of considering all financial aspects when planning to attend Bastyr University.
Historical Tuition Trends
To provide context, the undergraduate tuition in 2023 was $29,820, reflecting a 3.01% growth from 2022.
Financial Aid
Financial aid is a critical component of affording higher education. At Bastyr University, a significant percentage of undergraduate students receive financial assistance.
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In 2023, 72% of undergraduate students attending Bastyr University received financial aid through grants. Comparatively, 51% of undergraduate students received financial aid through loans. 72% of undergraduate students at Bastyr University received financial aid through grants or loans in 2023. This represents a growth of 10.8% with respect to 2022, when 65% of undergraduate students received financial aid.
This indicates that a majority of students rely on financial aid to cover their educational expenses. The availability of both grants and loans provides students with multiple avenues to finance their education.
Other Student Expenses
Beyond tuition, students should also consider other expenses such as room and board, books, and personal expenses.
The average yearly cost of room and board at Bastyr University was $0 in 2023. The cost of room and board remained the same by NaNN% between 2022 and 2023.
Student Loan Default Rate
The student loan default rate is an important metric to consider when evaluating the financial health of an institution's graduates.
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In 2022, the default rate for borrower's at Bastyr University was 0%, corresponding to 0 out of the 267 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.
A low default rate suggests that graduates are generally able to manage their student loan debt, which can be attributed to various factors such as the quality of education and career opportunities available to graduates.
Enrollment Statistics
Understanding the demographics and enrollment trends at Bastyr University can provide additional insights into the university's community and academic environment.
Bastyr University had a total enrollment of 760 students in 2023. The full-time enrollment at Bastyr University is 675 students and the part-time enrollment is 85. This means that 88.8% of students enrolled at Bastyr University are enrolled full-time. The enrolled student population at Bastyr University, both undergraduate and graduate, is 61.7% White, 12.5% Two or More Races, 9.34% Asian, 7.89% Black or African American, 1.97% Hispanic or Latino, 0.789% American Indian or Alaska Native, and 0.658% Native Hawaiian or Other Pacific Islanders. Students enrolled at Bastyr University in full-time Undergraduate programs are most commonly White Female (65.6%), followed by White Male (8.89%) and Native Hawaiian or Other Pacific Islanders Female (4.44%). Students enrolled in full-time Graduate programs are most commonly White Female (52.6%), followed by Asian Female (8.2%) and Two or More Races Female (7.7%).
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Full-Time vs. Part-Time Enrollment
88.8% of students enrolled at Bastyr University are enrolled full-time compared with 70.4% at similar Special Focus Institutions. This indicates a strong preference for full-time study among Bastyr University students.
Enrollment by Race and Ethnicity
The enrolled student population at Bastyr University is 61.7% White, 12.5% Two or More Races, 9.34% Asian, 7.89% Black or African American, 1.97% Hispanic or Latino, 0.789% American Indian or Alaska Native, and 0.658% Native Hawaiian or Other Pacific Islanders.
The most common race/ethnicity group of degree recipients was white (157 degrees), 5.06 times more than then the next closest race/ethnicity group, asian (31 degrees).
This diverse representation enriches the learning environment and prepares students for a globalized world.
Graduates and Degree Specialization
Examining the types of degrees awarded and the fields in which Bastyr University specializes can help prospective students align their academic goals with the university's strengths.
In 2023, 261 degrees were awarded across all undergraduate and graduate programs at Bastyr University. 84.7% of these degrees were awarded to women, and 15.3% awarded men. In 2023, 181 more women than men received degrees from Bastyr University. The most common race/ethnicity group of degree recipients at Bastyr University is white (157 degrees awarded). There were 5.06 times more white recipients than the next closest race/ethnicity group, asian (31 degrees).
In 2023, the most specialized majors across all degree types at Bastyr University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Natural Resources & Conservation (14 degrees awarded), Psychology (48 degrees), and Interdisciplinary Studies (25 degrees).
The most common jobs for people who hold a degree in one of the 5 most specialized majors at Bastyr University are Registered nurses (1,544,516 people), Elementary & middle school teachers (239,597 people), Other managers (237,732 people), Medical & health services managers (213,620 people), and Physicians (185,535 people). The most common industries for people who hold a degree in one of the 5 most specialized majors at Bastyr University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,820,050 people), Elementary & secondary schools (759,817 people), uninformed (491,788 people), Outpatient care centers (457,643 people), and Colleges, universities & professional schools, including junior colleges (374,262 people).
Sex Breakdown for Common Majors
In 2023, 40 degrees were awarded to men at Bastyr University, which is 0.181 times less than the number of degrees awarded to females (221).
Most Common Majors
In 2023, the most common professional doctorate concentration at Bastyr University was Naturopathic Medicine with 99 degrees awarded.
University Operations
Understanding the financial operations of Bastyr University, including its endowment and salary expenditure, provides insights into the university's financial stability and commitment to its faculty and staff.
Bastyr University has an endowment valued at nearly $2.6M, as of the end of the 2023 fiscal year. The return on its endowment was of 497k (19.1%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions. In 2023, Bastyr University had a total salary expenditure of 34.4M. Bastyr University employs 17 Associate professors, 10 Professors and 9 Assistant professors. Most academics at Bastyr University are Female Associate professor (14), Female Assistant professor (6), and Male Professor (5). The most common positions for non-instructional staff at Bastyr University are: Management, with 33 employees, Service, with 23 employees, and Office and Administrative Support with 19 employees.
Endowment
Bastyr University has an endowment valued at about $2.6M, as of the end of the 2023 fiscal year. The endowment of Bastyr University declined 36.4% from the previous year. The value of their endowment was $9.85M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.
Salary Expenditure
In 2023, Bastyr University paid a median of $17.8M in salaries, which represents 51.8% of their overall expenditure ($34.4M) and a 3.38% decline from the previous year.
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