Thank you for your interest in PICU! At the core of our organization is a strong belief that there are inherent benefits to attending a private college or university over other higher education options. Below are several facts to consider when looking at the possibilities of attending a private institution.
Thanks to grants and scholarships, most students pay less than the published tuition at private colleges and universities. Students demonstrating the greatest financial need pay only 30 percent of the sticker price.
Students who earn bachelor’s degrees are typically able to do so sooner at private colleges and universities than at state institutions, avoiding additional tuition and beginning their careers earlier. Seventy-nine percent of students who received a bachelor’s degree from a four-year independent college or university were able to
complete it in four years or less, compared with 49 percent of graduates at state institutions.
Private colleges and universities offer degrees in nearly 1,000 fields of study.
Lower-income students pay less tuition after grant aid than higher-income students at private colleges and universities.
The ethnic and racial diversity of students across private four-year colleges and universities is comparable to that of students at public four-year institutions.
Students at private colleges and universities typically enjoy a lower student-to-faculty ratio — meaning smaller classes than at many state colleges and universities.
Many older, working, adult students attend private colleges and universities. More than a quarter of students at independent institutions are 25 or older, and almost one-quarter attend part-time.
Each year, more than 1.7 million undergraduate students at private colleges and universities volunteer in their communities. The market value of their community service is estimated at almost $7 billion.
Students who work full time, have a high school equivalency diploma, or face other challenges are far more likely to graduate from a private college or university than
a state institution.
Regardless of socio-economic background and academic preparation, students are as likely to earn their bachelor’s degrees in four years at an independent college or university as they are in six years at a state institution.
Nearly 90 percent of all dependent, full-time, full-year private college undergraduates received some form of financial aid in 2007-08. Among these, the average annual package was nearly $22,000 per student.
The largest portion of private college and university students’ tuition dollars goes to expense categories that benefit them directly: instruction, student services, and grant aid for students.