College Viability Inspection Report

Frostburg State University

Maryland · Public

Frostburg State University is a public institution in Maryland, enrolling 2,852 students as of 2024. It graduates 29% of students in four years, returns 69% of freshmen for a second year, and costs an average of $17,669 a year after grants and scholarships. Of the 9 inspection checks that could be evaluated, 5 are flagged: Retention, Graduation, Enrollment, Endowment, and Price vs. Outcomes. This report benchmarks Frostburg State University's most recent reported year (2024) against 2,000+ U.S. colleges across three dimensions: student outcomes, financial health, and value for money. All figures are drawn from federal IPEDS filings and are reported without editorial judgment.

Frostburg State University Inspection Flags

Student Outcomes
Financial Health
Value for Your Money

Inspection flags are nine independent checks across student outcomes, financial health, and cost-to-value that surface areas of a college's reported numbers worth a closer look. A triggered flag means the college's data met a specific threshold that students and families may want to ask about — for example, graduation rates slipping below a level, or tuition rising while outcomes decline. A clear flag means the threshold was not met. Flags are signals for further conversation, not verdicts.

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College Viability
Data Summary

Frostburg State University — All Reported Indicators

Plain-text reference table of every metric and inspection flag for Frostburg State University. Values reflect IPEDS-reported figures; percent changes reflect endpoint-to-endpoint 2020 → 2024 comparison; percentiles reflect 2024 national rank against four-year public and private nonprofit institutions. Cells marked "not reported" indicate the indicator was not present in IPEDS for this institution.

Student Outcomes

Metric2024 Value5-Yr % ChangeNational Percentile
Four-Year Graduation Rate29.0%+3.6%30th
Six-Year Graduation Rate49.0%-5.8%37th
Full-Time Retention Rate69.0%-6.8%27th
Pell Grant Six-Year Graduation Rate44.9%-8.4%44th
Pell-to-Non-Pell Graduation Gap7.7pp+26.2%44th
Pell Share of Cohort39.0%-1.9%52nd

Financial Health

Metric2024 Value5-Yr % ChangeNational Percentile
Revenue-to-Expense Ratio1.12×+15.2%61st
Total FTE Enrollment2,852-27.6%67th
Endowment Value$49.8M+75.2%49th
Net Assets (End of Year)$208.1M+64.3%69th

Value for Money

Metric2024 Value5-Yr % ChangeNational Percentile
Instructional Spending %34.1%+2.8%52nd
Student Support Spending %7.3%+60.8%24th
Administrative Spending %14.0%+10.9%30th
Instruction+Support to Admin Ratio2.95×-1.0%56th
Average Net Price$17,669+10.6%44th
Net Price: $0-30K Income$12,129+26.1%41st
Net Price: $30K-48K Income$12,240-10.8%39th
Net Price: $48-75K Income$15,709-11.4%46th
Net Price: $75K-110K Income$19,727-3.7%46th
Net Price: $110K+ Income$23,297+4.3%42nd

Inspection Flags

FlagSectionStatus
Retention Below 80%
Frostburg State University's retention rate fell below 80% in 5 of 5 reported years — triggering the 3-of-5 threshold.
Student OutcomesTriggered
Four-Year Graduation Rate Below 50%
Frostburg State University's 4-year graduation rate fell below 50% in 5 of 5 reported years — triggering the 3-of-5 threshold.
Student OutcomesTriggered
Pell Gap Exceeds 10 Points
Frostburg State University's Pell graduation gap exceeded 10pp in 1 of 5 eligible years — below the 3-of-5 trigger threshold.
Student OutcomesCleared
Revenue-to-Expense Below 1.0
Frostburg State University's ratio fell below 1.0 in 1 of 5 reported years — below the 3-of-5 trigger threshold.
Financial HealthCleared
Enrollment Declined 5% or More
Frostburg State University's total enrollment fell from 3,939 to 2,852 students between 2020 and 2024 (-27.6%) — a decline of 5% or more.
Financial HealthTriggered
Endowment Under $50M or Growth Under 15%
Frostburg State University's endowment is $49.8M, under the $50 million threshold. A smaller endowment leaves less cushion for scholarships and for tough budget years, even though it grew +75.1% over the period.
Financial HealthTriggered
High Cost, Low Completion
Frostburg State University costs less than the national median AND graduates students at below-median rates — only one of two conditions is met.
Value for MoneyCleared
Spending on Students Below the National Median
Frostburg State University's ratio fell below the national median of $2.75 in 1 of 5 reported years — below the 3-of-5 trigger threshold.
Value for MoneyCleared
Rising Price, Falling Outcomes
Both conditions were met: Frostburg State University's net price rose while the 6-year graduation rate declined between 2020 and 2024 — a prompt to ask whether tuition increases are translating into stronger student outcomes.
Value for MoneyTriggered