Grinnell College

www.grinnell.edu

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2022 Undergraduate Tuition

$60,988

4.87% growth from 2021

2022 Average Net Price

$33,467

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

10.8%

9,997 Applicants

2022 Enrolled Students

1,759

97% Full-Time

2022 Graduation Rate

88.4%

365 Graduates

About

Grinnell College is a higher education institution located in Poweshiek County, IA. In 2022, the most popular Bachelors Degree concentrations at Grinnell College were Computer Science (56 degrees awarded), Biochemistry (48 degrees), and General Mathematics (48 degrees).

In 2022, 558 degrees were awarded across all undergraduate and graduate programs at Grinnell College. 56.3% of these degrees were awarded to women, and 43.7% awarded men. The most common race/ethnicity group of degree recipients was white (282 degrees), 5.76 times more than then the next closest race/ethnicity group, asian (49 degrees).

The median undergraduate tuition at Grinnell College is $60,988, which is $32,658 more than the national average for Baccalaureate Colleges ($28,330).

In 2020 the default rate for borrower's at Grinnell College was 0%, corresponding to 0 out of the 254 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Grinnell College is $60,988, which is $32,658 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $33,467.

In 2022, 89% of undergraduate students attending Grinnell College received financial aid through grants. Comparatively, 13% of undergraduate students received financial aid through loans.

Tuition Costs

$60,988

2022 Undergraduate Tuition

In 2022, the cost of tuition at Grinnell College was $60,988. The cost of tuition at Grinnell College is $32,658 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$33,467

2022 Value

10.6%

1 Year Growth

In 2022 Grinnell College had an average net price — the price paid after factoring in grants and loans — of $33,467. Between 2021 and 2022, the average net price of Grinnell College grew by 10.6%.

This chart compares the average net price of Grinnell 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

$14,350

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Grinnell College was of $14,350 in 2022. The cost of room and board increased by 3.51% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $900. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

89%

Undergraduates Receiving Financial Aid through Grants

13%

Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Grinnell College received financial aid through grants or loans in 2022. This represents a decline of 11% with respect to 2021, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Grinnell 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 Grinnell College was 0%, which represents 0 out of the 254 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

Grinnell College received 9,997 undergraduate applications in 2022, which represents a 4.91% annual growth. Out of those 9,997 applicants, 1,076 students were accepted for enrollment, representing a 10.8% acceptance rate.

There were 1,759 students enrolled at Grinnell College in 2022. 28% of first-time enrollees submitted SAT scores with their applications.

Grinnell College has an overall enrollment yield of 40.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

10.8%

Acceptance Rate in 2022

1,076

Accepted Out of 9,997

In 2022, the undergraduate acceptance rate of Grinnell College was 10.8% (1,076 admissions from 9,997 applications). This is higher than the acceptance rate of 2021, which was 10.5%. Between 2021 and 2022, the number of applicants declined by 4.91%, while admissions declined by 2.89%.

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

SAT Scores

28%

Submission Percentage (2022)

121

Scores Submitted (2022)

28% of enrolled first-time students at Grinnell 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

Grinnell College had a total enrollment of 1,759 students in 2022. The full-time enrollment at Grinnell College is 1,706 students and the part-time enrollment is 53. This means that 97% of students enrolled at Grinnell College are enrolled full-time.

The enrolled student population at Grinnell College, both undergraduate and graduate, is 52.8% White, 8.24% Hispanic or Latino, 7.33% Asian, 4.78% Two or More Races, 4.43% Black or African American, and 0.114% American Indian or Alaska Native.

Students enrolled at Grinnell College in full-time Undergraduate programs are most commonly White Female (27%), followed by White Male (25.5%) and Hispanic or Latino Female (5.28%).

Full-Time vs Part-Time Enrollment

97%

Full-Time Enrollment

The total enrollment at Grinnell College in 2022, both undergraduate and graduate, is 1,759 students. The full-time enrollment at Grinnell College is 1,706 and the part-time enrollment is 53. This means that 97% of students enrolled at Grinnell 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 Grinnell College (in red) compares to similar universities.

Retention Rate over Time

93%

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 Grinnell College was 93%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Grinnell College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
928 enrolled students
Hispanic or Latino
145 enrolled students
Asian
129 enrolled students

The enrolled student population at Grinnell College is 52.8% White, 8.24% Hispanic or Latino, 7.33% Asian, 4.78% Two or More Races, 4.43% Black or African American, and 0.114% 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, 57 students (3.24%) did not report their race.

Graduates

In 2022, 70 more women than men received degrees from Grinnell College. The most common race/ethnicity group of degree recipients at Grinnell College is white (282 degrees awarded). There were 5.76 times more white recipients than the next closest race/ethnicity group, asian (49 degrees).

The most common Bachelor's Degree concentration at Grinnell College is Computer Science (56 degrees awarded), followed by Biochemistry (48 degrees) and General Mathematics (48 degrees).

In 2022, the most specialized majors across all degree types at Grinnell College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Language & Linguistics (46 degrees awarded), Philosophy and Religious Studies (23 degrees), and Math & Statistics (48 degrees).

Common Jobs by Major

Postsecondary teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Grinnell College are Postsecondary teachers (195,336 people), Lawyers, & judges, magistrates, & other judicial workers (160,783 people), Other managers (158,762 people), Elementary & middle school teachers (142,283 people), and Secondary school teachers (141,995 people).

The most specialized majors at Grinnell College in 2022 are Language & Linguistics (46 degrees awarded), Philosophy and Religious Studies (23 degrees), Math & Statistics (48 degrees), Physical Sciences (35 degrees), and History (22 degrees) (as of 2022).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Grinnell College are Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at Grinnell College are Language & Linguistics (46 degrees awarded), Philosophy and Religious Studies (23 degrees), Math & Statistics (48 degrees), Physical Sciences (35 degrees), and History (22 degrees) (as of 2022).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Grinnell College are Elementary & secondary schools (375,282 people), Colleges, universities & professional schools, including junior colleges (343,748 people), Computer Systems Design (177,985 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (135,756 people), and Legal services (124,619 people).

Majors Awarded

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

Most Common (2022)

Computer Science
56 degrees awarded
Biochemistry
48 degrees awarded
General Mathematics
48 degrees awarded

In 2022, the most common bachelors degree concentration at Grinnell College was Computer Science with 56 degrees awarded.

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

Sex Breakdown for Common Majors

244

Degrees Awarded to Men

in 2022

314

Degrees Awarded to Women

in 2022

In 2022, 244 degrees were awarded to men at Grinnell College, which is 0.777 times less than the number of degrees awarded to females (314).

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

Most Common Male Majors

In 2022, 43 degrees were awarded to men at Grinnell College in Computer Science, which is 3.31 times more than the 13 female recipients with that same degree.

Most Common Female Majors

In 2022, 31 degrees were awarded to men at Grinnell College in Biochemistry, which is 1.82 times more than the 17 male recipients with that same degree.

Time to Complete

81%

100% Completion Time

87%

150% Completion Time

In 2022, 81% of students graduating from Grinnell College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 87% 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.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Grinnell College is Male and Hispanic or Latino (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, 6.03% of graduates (22 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
282 degrees awarded
Asian
49 degrees awarded
Hispanic or Latino
43 degrees awarded

The most common race/ethnicity at Grinnell College is white (282 degrees awarded). There were 5.76 times more white recipients than the next closest race/ethnicity group, asian (49 degrees).

4.12% of degree recipients (23 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
174 degrees awarded
White Male
108 degrees awarded
Asian Female
28 degrees awarded

The most common race/ethnicity and sex grouping at Grinnell College is white female (174 degrees awarded). There were 1.61 times more white female recipients than the next closest race/ethnicity group, white male (108 degrees).

Operations

Grinnell College has an endowment valued at nearly $2.48B, as of the end of the 2022 fiscal year. The return on its endowment was of −373M (−15%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Grinnell College had a total salary expenditure of 146M. Grinnell College employs 79 Assistant professors, 64 Associate professors and 53 Professors. Most academics at Grinnell College are Female Assistant professor (49), Male Associate professor (40), and Male Professor (31).

The most common positions for non-instructional staff at Grinnell College are: Service, with 159 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 77 employees, and Office and Administrative Support with 76 employees.

Endowment

$2.48B

2022 Endowment

15.3%

decline from 2021

Grinnell College has an endowment valued at about $2.48B, as of the end of the 2022 fiscal year. The endowment of Grinnell College declined 15.3% from the previous year. The value of their endowment was $2.44B higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Grinnell 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: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$58.5M

2022 Salaries

8.88%

growth from 2021

In 2022, Grinnell College paid a median of $58.5M in salaries, which represents 40.1% of their overall expenditure ($146M) and a 8.88% growth from the previous year. This is compared to a 3.69% decline between 2020 and 2021, and a 2.24% growth between 2019 and 2020.

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

Instructional Salaries

$22.7M

Instructional Salaries

216

Number of Employees

In 2022, Grinnell College paid a total of $22.7M to 216 employees working as instructors, which represents 38.7% of all salaries paid.

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

Occupations by Share

Assistant professor

Most Common Instructor

79 Employees

Service

Most Common Non-Instructional Employee

159 Employees

In 2022, the most common positions for instructional staff at Grinnell College were Assistant professor with 79 employees, Associate professor with 64 employees, and Professor with 53 employees.

In 2022, the most common positions for non-instructional staff at Grinnell College were Service with 159 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 77 employees, and Office and Administrative Support with 76 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Assistant professor
Male Associate professor
Male Professor

In 2022, the most common demographic for instructional staff at Grinnell College was Female Assistant professor with 49 employees, Male Associate professor with 40 employees, and Male Professor with 31 employees.

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

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