Park University Records Growth in Credit Hours, Retention
Enrollment data for Park University’s 2018 Spring I term has been reported, and once again, the University has experienced enrollment growth.
According to a University-wide e-mail sent by President Greg Gunderson, Ph.D. on Jan. 24, overall student credit hours are up approximately 4.8 percent over the same period last year. This results in tuition revenue up more than $1.3 million over budget for this period. In addition, there were additional growth percentages worth noting when comparing Spring I 2017 to Spring I 2018:
• Parkville Campus enrollment is up 10.5 percent in credit hours
• Graduate enrollment is up 31 percent in credit hours.
Additionally, Park’s retention rate from Fall 2017 to Spring 2018 has increased 4.5 percent and the University also achieved fall to spring year-over-year retention growth at a rate of 2 percent per year for the past five years. Retention is a major contributor to the speed with which the University has achieved overall growth in enrollment.