Goshen College

www.goshen.edu

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2022 Undergraduate Tuition

$36,660

2% growth from 2021

2022 Average Net Price

$19,267

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

93.5%

991 Applicants

2022 Enrolled Students

768

88.5% Full-Time

2022 Graduation Rate

63.8%

118 Graduates

About

Goshen College is a higher education institution located in Elkhart County, IN. In 2022, the most popular Bachelors Degree concentrations at Goshen College were Registered Nursing (28 degrees awarded), General Business (13 degrees), and Accounting (12 degrees).

In 2022, 227 degrees were awarded across all undergraduate and graduate programs at Goshen College. 66.1% of these degrees were awarded to women, and 33.9% awarded men. The most common race/ethnicity group of degree recipients was white (119 degrees), 2.16 times more than then the next closest race/ethnicity group, hispanic or latino (55 degrees).

The median undergraduate tuition at Goshen College is $36,660, which is $8,330 more than the national average for Baccalaureate Colleges ($28,330).

In 2020 the default rate for borrower's at Goshen College was 0%, corresponding to 0 out of the 236 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Goshen College is $36,660, which is $8,330 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $19,267.

In 2022, 95% of undergraduate students attending Goshen College received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Tuition Costs

$36,660

2022 Undergraduate Tuition

In 2022, the cost of tuition at Goshen College was $36,660. The cost of tuition at Goshen College is $8,330 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$19,267

2022 Value

12.1%

1 Year Growth

In 2022 Goshen College had an average net price — the price paid after factoring in grants and loans — of $19,267. Between 2021 and 2022, the average net price of Goshen College grew by 12.1%.

This chart compares the average net price of Goshen 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

$9,950

Room and Board

$1,250

Books and Supplies

The average yearly cost of room and board at Goshen College was of $9,950 in 2022. The cost of room and board increased by 0.556% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,250. The cost of books and supplies increased by 2.46% during the same period.

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

Financial Aid by Income Level

95%

Undergraduates Receiving Financial Aid through Grants

53%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Goshen College received financial aid through grants or loans in 2022. This represents a growth of 1.06% with respect to 2021, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Goshen 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Goshen College was 0%, which represents 0 out of the 236 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.

Admissions

Goshen College received 991 undergraduate applications in 2022, which represents a 1.23% annual growth. Out of those 991 applicants, 927 students were accepted for enrollment, representing a 93.5% acceptance rate.

There were 768 students enrolled at Goshen College in 2022. 31% of first-time enrollees submitted SAT scores with their applications.

Goshen College has an overall enrollment yield of 17.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

93.5%

Acceptance Rate in 2022

927

Accepted Out of 991

In 2022, the undergraduate acceptance rate of Goshen College was 93.5% (927 admissions from 991 applications). This is higher than the acceptance rate of 2021, which was 92.8%. Between 2021 and 2022, the number of applicants grew by 1.23%, while admissions grew by 1.98%.

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

SAT Scores

31%

Submission Percentage (2022)

Scores Submitted (2022)

31% of enrolled first-time students at Goshen College in 2022 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.

Enrollment

Goshen College had a total enrollment of 768 students in 2022. The full-time enrollment at Goshen College is 680 students and the part-time enrollment is 88. This means that 88.5% of students enrolled at Goshen College are enrolled full-time.

The enrolled student population at Goshen College, both undergraduate and graduate, is 48.7% White, 27.9% Hispanic or Latino, 5.21% Black or African American, 2.47% Asian, 2.21% Two or More Races, 0.13% Native Hawaiian or Other Pacific Islanders, and 0.13% American Indian or Alaska Native.

Students enrolled at Goshen College in full-time Undergraduate programs are most commonly White Female (29.5%), followed by Hispanic or Latino Female (19.9%) and White Male (16.3%). Students enrolled in full-time Graduate programs are most commonly White Female (53.8%), followed by White Male (30.8%) and Hispanic or Latino Male (15.4%).

Full-Time vs Part-Time Enrollment

88.5%

Full-Time Enrollment

The total enrollment at Goshen College in 2022, both undergraduate and graduate, is 768 students. The full-time enrollment at Goshen College is 680 and the part-time enrollment is 88. This means that 88.5% of students enrolled at Goshen College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

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

Retention Rate over Time

80%

2022 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 Goshen College was 80%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Goshen College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
374 enrolled students
Hispanic or Latino
214 enrolled students
Black or African American
40 enrolled students

The enrolled student population at Goshen College is 48.7% White, 27.9% Hispanic or Latino, 5.21% Black or African American, 2.47% Asian, 2.21% Two or More Races, 0.13% Native Hawaiian or Other Pacific Islanders, and 0.13% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.3% White, 13.8% Hispanic or Latino, and 13.1% Black or African American.

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, 23 students (2.99%) did not report their race.

Graduates

In 2022, 73 more women than men received degrees from Goshen College. The most common race/ethnicity group of degree recipients at Goshen College is white (119 degrees awarded). There were 2.16 times more white recipients than the next closest race/ethnicity group, hispanic or latino (55 degrees).

The most common Bachelor's Degree concentration at Goshen College is Registered Nursing (28 degrees awarded), followed by General Business (13 degrees) and Accounting (12 degrees).

In 2022, the most specialized majors across all degree types at Goshen College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Language & Linguistics (12 degrees awarded), Visual & Performing Arts (25 degrees), and Biology (21 degrees).

Common Jobs by Major

Physicians

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Goshen College are Physicians (441,993 people), Other managers (246,497 people), Elementary & middle school teachers (236,626 people), Postsecondary teachers (204,429 people), and Secondary school teachers (152,960 people).

The most specialized majors at Goshen College in 2022 are Language & Linguistics (12 degrees awarded), Visual & Performing Arts (25 degrees), Biology (21 degrees), Parks, Recreation, & Leisure (8 degrees), and Interdisciplinary Studies (12 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Goshen College are Surgeons, Nuclear medicine technologists and medical dosimetrists, Physicians, Nurse anesthetists, and Financial examiners

The most specialized majors at Goshen College are Language & Linguistics (12 degrees awarded), Visual & Performing Arts (25 degrees), Biology (21 degrees), Parks, Recreation, & Leisure (8 degrees), and Interdisciplinary Studies (12 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Goshen College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (630,867 people), Elementary & secondary schools (555,093 people), Colleges, universities & professional schools, including junior colleges (486,350 people), Offices of physicians (237,141 people), and Computer Systems Design (188,935 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Goshen College.

Most Common (2022)

Registered Nursing
28 degrees awarded
General Business
13 degrees awarded
Accounting
12 degrees awarded

In 2022, the most common bachelors degree concentration at Goshen College was Registered Nursing with 28 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

150

Degrees Awarded to Women

in 2022

In 2022, 77 degrees were awarded to men at Goshen College, which is 0.513 times less than the number of degrees awarded to females (150).

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

Most Common Male Majors

In 2022, 9 degrees were awarded to men at Goshen College in General Business, which is 2.25 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2022, 24 degrees were awarded to men at Goshen College in Registered Nursing, which is 6 times more than the 4 male recipients with that same degree.

Time to Complete

57%

100% Completion Time

63%

150% Completion Time

In 2022, 57% of students graduating from Goshen College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 64% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Goshen College is Male and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 0.847% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
119 degrees awarded
Hispanic or Latino
55 degrees awarded
Black or African American
12 degrees awarded

The most common race/ethnicity at Goshen College is white (119 degrees awarded). There were 2.16 times more white recipients than the next closest race/ethnicity group, hispanic or latino (55 degrees).

1.32% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
79 degrees awarded
White Male
40 degrees awarded
Hispanic or Latino Female
39 degrees awarded

The most common race/ethnicity and sex grouping at Goshen College is white female (79 degrees awarded). There were 1.98 times more white female recipients than the next closest race/ethnicity group, white male (40 degrees).

Operations

Goshen College has an endowment valued at nearly $122M, as of the end of the 2022 fiscal year. The return on its endowment was of −15.4M (−12.5%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Goshen College had a total salary expenditure of 33.3M. Goshen College employs 29 Professors, 18 Assistant professors and 13 Associate professors. Most academics at Goshen College are Male Professor (15), Female Professor (14), and Female Assistant professor (12).

The most common positions for non-instructional staff at Goshen College are: Management, with 46 employees, Service, with 23 employees, and Office and Administrative Support with 22 employees.

Endowment

$122M

2022 Endowment

11.8%

decline from 2021

Goshen College has an endowment valued at about $122M, as of the end of the 2022 fiscal year. The endowment of Goshen College declined 11.8% from the previous year. The value of their endowment was $73.2M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Goshen 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

$11.6M

2022 Salaries

8.86%

growth from 2021

In 2022, Goshen College paid a median of $11.6M in salaries, which represents 34.9% of their overall expenditure ($33.3M) and a 8.86% growth from the previous year. This is compared to a 2.73% decline between 2020 and 2021, and a 1.19% growth between 2019 and 2020.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$3.89M

Instructional Salaries

Number of Employees

In 2022, Goshen College paid a total of $3.89M to 62 employees working as instructors, which represents 33.5% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

29 Employees

Management

Most Common Non-Instructional Employee

46 Employees

In 2022, the most common positions for instructional staff at Goshen College were Professor with 29 employees, Assistant professor with 18 employees, and Associate professor with 13 employees.

In 2022, the most common positions for non-instructional staff at Goshen College were Management with 46 employees, Service with 23 employees, and Office and Administrative Support with 22 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Female Professor
Female Assistant professor

In 2022, the most common demographic for instructional staff at Goshen College was Male Professor with 15 employees, Female Professor with 14 employees, and Female Assistant professor with 12 employees.

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

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