Covenant College

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2023 Undergraduate Tuition
$39,270
4% growth from 2022
2023 Average Net Price
$25,471
After Financial Aid
2023 Acceptance Rate
81.8%
751 Applicants
2023 Enrolled Students
928
93.3% Full-Time
2023 Graduation Rate
70.7%
186 Graduates

About

Baccalaureate Colleges: Arts & Sciences FocusBaccalaureate Colleges

Costs

After taking grants and loans into account, the average net price for students is $25,471.

Tuition Costs

$39,270
2023 Undergraduate Tuition

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

Average Net Price

$25,471
2023 Value
1.77%
1 Year Growth

In 2023 Covenant College had an average net price — the price paid after factoring in grants and loans — of $25,471. Between 2022 and 2023, the average net price of Covenant College grew by 1.77%.

This chart compares the average net price of Covenant 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.

Other Student Expenses

$9,344
Room and Board
$1,170
Books and Supplies

The average yearly cost of room and board at Covenant College was of $9,344 in 2023. The cost of room and board increased by 2.12% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,170. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Covenant College (in red) with that of similar universities.

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Financial Aid by Income Level

94%
Undergraduates Receiving Financial Aid through Grants
41%
Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Covenant College received financial aid through grants or loans in 2023. This represents a decline of 1.05% with respect to 2022, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Covenant 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.

Admissions

Covenant College received 751 undergraduate applications in 2023, which represents a 7.63% annual growth. Out of those 751 applicants, 614 students were accepted for enrollment, representing a 81.8% acceptance rate.

There were 928 students enrolled at Covenant College in 2023. 35% of first-time enrollees submitted SAT scores with their applications.

Covenant College has an overall enrollment yield of 40.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

81.8%
Acceptance Rate in 2023
614
Accepted Out of 751

In 2023, the undergraduate acceptance rate of Covenant College was 81.8% (614 admissions from 751 applications). This is lower than the acceptance rate of 2022, which was 84.1%. Between 2022 and 2023, the number of applicants declined by 7.63%, while admissions declined by 10.2%.

This chart compares the acceptance rate of Covenant College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

35%
Submission Percentage (2023)
86
Scores Submitted (2023)

35% of enrolled first-time students at Covenant College in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Covenant College had a total enrollment of 928 students in 2023. The full-time enrollment at Covenant College is 866 students and the part-time enrollment is 62. This means that 93.3% of students enrolled at Covenant College are enrolled full-time.

The enrolled student population at Covenant College, both undergraduate and graduate, is 87.3% White, 3.34% Hispanic or Latino, 2.91% Asian, 1.4% Black or African American, 1.19% Two or More Races, and 0.323% American Indian or Alaska Native.

Students enrolled at Covenant College in full-time Undergraduate programs are most commonly White Female (46%), followed by White Male (41.2%) and Asian Female (2.07%). Students enrolled in full-time Graduate programs are most commonly White Female (43.8%), followed by White Male (35.4%) and Two or More Races Female (6.25%).

Full-Time vs Part-Time Enrollment

93.3%
Full-Time Enrollment

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

Retention Rate over Time

87%
2023 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 Covenant College was 87%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Covenant College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    810 enrolled students
  2. Hispanic or Latino
    31 enrolled students
  3. Asian
    27 enrolled students

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 6 students (0.647%) did not report their race.

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Graduates

In 2023, 37 more women than men received degrees from Covenant College. The most common race/ethnicity group of degree recipients at Covenant College is white (162 degrees awarded). There were 13.5 times more white recipients than the next closest race/ethnicity group, two or more races (12 degrees).

The most common Bachelor's Degree concentration at Covenant College is General Business (17 degrees awarded), followed by General Psychology (17 degrees) and General Art Studies (16 degrees).

In 2023,  the most specialized majors across all degree types at Covenant College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (5 degrees awarded), History (6 degrees), and English (9 degrees).

Common Jobs by Major

N/A
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Covenant College are N/A.

The most specialized majors at Covenant College in 2023 are Philosophy and Religious Studies (5 degrees awarded), History (6 degrees), English (9 degrees), Social Sciences (30 degrees), and Theology (4 degrees) (as of 2023).

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Highest Paying Jobs by Major

N/A
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Covenant College are N/A

The most specialized majors at Covenant College are Philosophy and Religious Studies (5 degrees awarded), History (6 degrees), English (9 degrees), Social Sciences (30 degrees), and Theology (4 degrees) (as of 2023).

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Common Industries by Major

N/A
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Covenant College are N/A.

The most specialized majors at Covenant College are Philosophy and Religious Studies (5 degrees awarded), History (6 degrees), English (9 degrees), Social Sciences (30 degrees), and Theology (4 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Covenant College.
Most Common (2023)
  1. General Business
    17 degrees awarded
  2. General Psychology
    17 degrees awarded
  3. General Art Studies
    16 degrees awarded

In 2023, the most common bachelors degree concentration at Covenant College was General Business with 17 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Covenant College according to their major.

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Sex Breakdown for Common Majors

76
Degrees Awarded to Men
in 2023
113
Degrees Awarded to Women
in 2023

In 2023, 76 degrees were awarded to men at Covenant College, which is 0.673 times less than the number of degrees awarded to females (113).

This chart displays the sex disparity between the top 5 majors at Covenant College by degrees awarded.

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Most Common Male Majors

In 2023, 13 degrees were awarded to men at Covenant College in General Business, which is 3.25 times more than the 4 female recipients with that same degree.

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Most Common Female Majors

In 2023, 16 degrees were awarded to men at Covenant College in General Psychology, which is 16 times more than the 1 male recipients with that same degree.

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Time to Complete

65%
100% Completion Time
72%
150% Completion Time

In 2023, 65% of students graduating from Covenant College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 72% completed their degrees within 150% of the normal time, and 72% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Black or African American Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Covenant College is Male and Black or African American (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (74.3%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    162 degrees awarded
  2. Two or More Races
    12 degrees awarded
  3. American Indian or Alaska Native
    3 degrees awarded

The most common race/ethnicity at Covenant College is white (162 degrees awarded). There were 13.5 times more white recipients than the next closest race/ethnicity group, two or more races (12 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    97 degrees awarded
  2. White Male
    65 degrees awarded
  3. Two or More Races Female
    9 degrees awarded

The most common race/ethnicity and sex grouping at Covenant College is white female (97 degrees awarded). There were 1.49 times more white female recipients than the next closest race/ethnicity group, white male (65 degrees).

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Operations

Covenant College has an endowment valued at nearly $57.5M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.35M (5.83%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Covenant College had a total salary expenditure of 34.3M. Covenant College employs 31 Professors, 16 Associate professors and 13 Assistant professors. Most academics at Covenant College are Male Professor (27), Male Associate professor (9), and Male Assistant professor (7).

The most common positions for non-instructional staff at Covenant College are: Service, with 38 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 28 employees, and Office and Administrative Support with 24 employees.

Endowment

$57.5M
2023 Endowment
7.28%
growth from 2022

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

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Salary Expenditure

$13.7M
2023 Salaries
4.16%
growth from 2022

In 2023, Covenant College paid a median of $13.7M in salaries, which represents 39.8% of their overall expenditure ($34.3M) and a 4.16% growth from the previous year. This is compared to a 7.38% growth between 2021 and 2022, and a 3.89% decline between 2020 and 2021.

Instructional Salaries

$4.71M
Instructional Salaries
61
Number of Employees

In 2023, Covenant College paid a total of $4.71M to 61 employees working as instructors, which represents 34.5% of all salaries paid.

Occupations by Share

Professor
Most Common Instructor
31 Employees
Service
Most Common Non-Instructional Employee
38 Employees

In 2023, the most common positions for instructional staff at Covenant College were Professor with 31 employees, Associate professor with 16 employees, and Assistant professor with 13 employees.

In 2023, the most common positions for non-instructional staff at Covenant College were Service with 38 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 28 employees, and Office and Administrative Support with 24 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Professor
  2. Male Associate professor
  3. Male Assistant professor

In 2023, the most common demographic for instructional staff at Covenant College was Male Professor with 27 employees, Male Associate professor with 9 employees, and Male Assistant professor with 7 employees.

This chart shows the sex split between each academic rank present at Covenant College.

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