Miles College

https://www.miles.edu

2024 Undergraduate Tuition

$11,764

5.37% growth from 2023

2024 Average Net Price

$11,064

After Financial Aid

2023 Default Rate

0.96%

on Student Loans

2024 Enrolled Students

1,180

94.8% Full-Time

2024 Graduation Rate

15.8%

55 Graduates

Costs

In 2024, the median undergraduate tuition at Miles College is $11,764, which is $16,414 less than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $11,064.

In 2024, 88% of undergraduate students attending Miles College received financial aid through grants. Comparatively, 73% of undergraduate students received financial aid through loans.

Tuition Costs

$11,764

2024 Undergraduate Tuition

In 2024, the cost of tuition at Miles College was $11,764. The cost of tuition at Miles College is $−16,414 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

This chart compares the tuition costs of Miles College (in red) with those of other similar universities.

Average Net Price

$11,064

2024 Value

24.4%

1 Year Growth

In 2024 Miles College had an average net price — the price paid after factoring in grants and loans — of $11,064. Between 2023 and 2024, the average net price of Miles College grew by 24.4%.

This chart compares the average net price of Miles College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Financial Aid by Income Level

88%

Undergraduates Receiving Financial Aid through Grants

73%

Undergraduates Receiving Financial Aid through Loans

88% of undergraduate students at Miles College received financial aid through grants or loans in 2024. This represents a decline of 2.22% with respect to 2023, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Miles College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.96%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Miles College was 0.96%, which represents 6 out of the 625 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.

Enrollment

Miles College had a total enrollment of 1,180 students in 2024. The full-time enrollment at Miles College is 1,119 students and the part-time enrollment is 61. This means that 94.8% of students enrolled at Miles College are enrolled full-time.

The enrolled student population at Miles College, both undergraduate and graduate, is 93.2% Black or African American, 3.31% White, 1.95% Hispanic or Latino, 0.932% Two or More Races, 0.169% American Indian or Alaska Native, and 0.169% Asian.

Students enrolled at Miles College in full-time Undergraduate programs are most commonly Black or African American Female (49.3%), followed by Black or African American Male (44.8%) and White Male (2.38%).

Full-Time vs Part-Time Enrollment

94.8%

Full-Time Enrollment

The total enrollment at Miles College in 2024, both undergraduate and graduate, is 1,180 students. The full-time enrollment at Miles College is 1,119 and the part-time enrollment is 61. This means that 94.8% of students enrolled at Miles College are enrolled full-time compared with 78.9% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Miles College (in red) compares to similar universities.

Retention Rate over Time

56%

2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Miles College was 56%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Miles College had a retention rate lower than its peers.

This chart shows the retention rate over time at Miles College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

Black or African American
1,100 enrolled students
White
39 enrolled students
Hispanic or Latino
23 enrolled students

The enrolled student population at Miles College is 93.2% Black or African American, 3.31% White, 1.95% Hispanic or Latino, 0.932% Two or More Races, 0.169% American Indian or Alaska Native, and 0.169% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 50.5% White, 15.6% Hispanic or Latino, and 13.2% Black or African American.

Operations

Miles College has an endowment valued at nearly $30.3M, as of the end of the 2024 fiscal year. The return on its endowment was of 2.8M (9.23%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Miles College had a total salary expenditure of 28.9M. Miles College employs 26 Instructors, 18 Assistant professors and 9 Professors. Most academics at Miles College are Female Assistant professor (16), Male Instructor (15), and Female Instructor (11).

The most common positions for non-instructional staff at Miles College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 45 employees, Service, with 36 employees, and Management with 26 employees.

Endowment

$30.3M

2024 Endowment

10.2%

growth from 2023

Miles College has an endowment valued at about $30.3M, as of the end of the 2024 fiscal year. The endowment of Miles College grew 10.2% from the previous year. The value of their endowment was $19.1M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Miles College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$11M

2024 Salaries

13.3%

growth from 2023

In 2024, Miles College paid a median of $11M in salaries, which represents 38.2% of their overall expenditure ($28.9M) and a 13.3% growth from the previous year. This is compared to a 21% decline between 2022 and 2023, and a 10.7% growth between 2021 and 2022.

Instructional Salaries

$3.35M

Instructional Salaries

Number of Employees

In 2024, Miles College paid a total of $3.35M to 59 employees working as instructors, which represents 30.3% of all salaries paid.

This is compared to a median of $522k (3.48%) for similar Baccalaureate Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Miles College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 45 employees, Service with 36 employees, and Management with 26 employees.

Miles College

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Miles College

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About

Costs

Tuition Costs

Average Net Price

Financial Aid by Income Level

Student Loan Default Rate

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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