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Rhode Island may be the smallest state but it's tremendous where it comes to academic excellence. Providence College is one shining example. Located in the state's capital city, picturesque Providence, this school is in the center of New England life. The college reports over 4,000 undergraduate students and 500 candidates for a master's degree.
Overview of Providence College
Those undergraduate students can choose from degrees from the Schools of Arts & Sciences, School of Business, or the School of Professional Studies. For instance, degree options include chemistry, psychology, marketing, philosophy, and sociology to name just a few. In fact, the most popular major on campus is finance; with marketing, biology, management, and accountancy rounding out the top five.
To help round out their academic life, PC students manage to enrich their minds with campus clubs and other activities. Altogether, PC's students are active in over 100 clubs and organizations that cater to nearly every interest a student is likely to have. There are clubs that focus on interests ranging from social, political, professional, athletic, community service, and wellness.
In between clubs and studies, students can stay fit in either the Peterson Recreation Center or the Concannon Fitness Center. The Peterson Center features three racquetball courts, courts for a variety of sports, and an indoor track for year-around jogging. The Concannon Fitness Center also includes aerobic and strength training equipment.
|School Type||Private not-for-profit|
|Campus Setting||City: Midsize|
|Student Faculty Ratio||12:1|
|High School GPA||Required|
|High School Rank||Considered But Not Required|
|High School Transcripts||Required|
|College Prep Courses||Required|
|SAT/ACT||Considered But Not Required|
|Other Test (Wonderlic,WISC-III,etc)||Considered But Not Required|
|TOEFL (Test of English as a Foreign Language)||Required|
|Application Deadline||January 15|
|Common Application Accepted||Yes|
Tuition Cost & Financial Aid
Providence College is a private, New England institution of higher education. As such, its tuition rates are a bit higher than those for publicly funded colleges and universities. In fact, a year of tuition, books, supplies, and fees carry a gross cost of $53,000. When living expenses are tallied, on campus students pay close to $70,000 and off campus students save around $3,000, so they pay $67,000. However, the gross sticker price is not the whole story.
In fact, once financial aid kicks in, the resulting net price is far more palatable. In fact, the average net price for a year at Providence is $36,000. The numbers are lower for households in the lowest income bracket. Their net cost is $19,000. At the upper end, households that earn over $110k/year pay a net price of $49,000. This is due to the fact that 66% of PC students receive grants or scholarships that average $31,000 per student.
|Average net price||2018-2019|
|Average Total Aid||$31,298|
|Students Receiving Financial Aid||74%|
|Room & Board||$15,140|
- Tuition In-State - $52,438
- Tuition Out-of-State - $52,438
- Books and Supplies - $1,100
- Room & Board - $15,140
- Other - $1,052
Students attend Providence College for the academics and the opportunities a college degree opens for them. While Providence enjoys a terrific reputation in academic circles, it's important to look at the statistics that support that reputation. Two of the best metrics for academic performance are the retention rate and the graduation rate. Providence College has amazing retention rates of 91% for full-time students and 100% for part-time students. The retention rate shows how many students return to campus for a second year. It’s believed that this can indicate how satisfied students are with their classes, campus facilities, and other resources. Such high numbers are hard to beat, even among New England's outstanding liberal arts colleges.
To add to this success, PC reports that 87% of its students graduate. Most of those diplomas are earned within six years, which is the new normal time frame for a four-year degree. This means that the students who bond in their first-year dormitories are highly likely to share the same sheepskin four to six years later. Such a coherent, consistent community helps PC maintain its commitment to excellence.
Student Population Total
Most Popular Programs & Majors
(# of Diplomas Awarded by Subject)
|All Business Majors||440 Total Graduates / 45%|
|Finance, General||164 Graduates|
|Marketing/Marketing Management, General||149 Graduates|
|Business Administration and Management, General||61 Graduates|
|All Biological & Biomedical Majors||102 Total Graduates / 10%|
|Biology/Biological Sciences, General||94 Graduates|
|All Social Science Majors||102 Total Graduates / 10%|
|Political Science and Government, General||46 Graduates|
|Economics, General||29 Graduates|
|Social Sciences, General||7 Graduates|
|All Education Majors||57 Total Graduates / 6%|
|Special Education and Teaching, General||51 Graduates|
|English/Language Arts Teacher Education||2 Graduates|
|History Teacher Education||2 Graduates|
|Mathematics Teacher Education||1 Graduates|
|French Language Teacher Education||1 Graduates|
|All Psychology Majors||56 Total Graduates / 6%|
|Psychology, General||56 Graduates|
|All Other Diplomas||22%|
Outcome & Salary
Prospective Providence College students not only need to know that they are headed into a terrific academic environment, but that they will reap great rewards from their financial, time, and energy investments. In fact, of those alumni that report their starting salaries, PC students have much to look forward to. Of the top ten highest earning degrees, accounting leads the pack at PC. These alumni report a median salary of $60,000. The top ten is rounded out by the history students, who start out earning a median salary of $39,000.
No matter what their starting salary, every PC student has a strong academic foundation to build on. They should find that enrollment in a top graduate program is a snap, and that success is theirs for the taking.
|College Grads Early Career Salary||$60,100|
|College Grads Average Salary||$74,659|
|College Grads Mid Career Salary||$111,900|
|Return on Investment (ROI)|
|10 Year Salary Earnings Potential||$746,590|
|20 Year Salary Earnings Potential||$1,865,590|
|Cost of Education (Net Price) 4 Year||$143,184|
|10 Year Projected ROI||$603,406|
|20 Year Projected ROI||$1,722,406|
|No College Education Salary Comparison|
|National Average Salary||$38,792|
|10 Year Projected Income||$387,920|
|20 Year Projected Income||$775,840|
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