Allegany College of Maryland

www.allegany.edu

2024 Undergraduate Tuition

$4,080

5.43% growth from 2023

2024 Average Net Price

$8,322

After Financial Aid

2023 Default Rate

0.188%

on Student Loans

2024 Enrolled Students

2,762

29.7% Full-Time

2024 Graduation Rate

39.6%

99 Graduates

Costs

In 2024, the median undergraduate tuition at Allegany College of Maryland is $4,080, which is $4,080 less than the national average for Associates Colleges ($8,160).

After taking grants and loans into account, the average net price for students is $8,322.

In 2024, 88% of undergraduate students attending Allegany College of Maryland received financial aid through grants. Comparatively, 30% of undergraduate students received financial aid through loans.

Tuition Costs

$4,080

2024 Undergraduate Tuition

In 2024, the cost of tuition at Allegany College of Maryland was $4,080. The cost of tuition at Allegany College of Maryland is $−4,080 less than than the overall (public and private) national average for Associates Colleges ($8,160).

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

Average Net Price

$8,322

2024 Value

10.3%

1 Year Growth

In 2024 Allegany College of Maryland had an average net price — the price paid after factoring in grants and loans — of $8,322. Between 2023 and 2024, the average net price of Allegany College of Maryland grew by 10.3%.

This chart compares the average net price of Allegany College of Maryland (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

$10,650

Room and Board

$1,400

Books and Supplies

The average yearly cost of room and board at Allegany College of Maryland was of $10,650 in 2024. The cost of room and board decreased by 1.39% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,400. The cost of books and supplies decreased by 12.3% during the same period.

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

Financial Aid by Income Level

88%

Undergraduates Receiving Financial Aid through Grants

30%

Undergraduates Receiving Financial Aid through Loans

88% of undergraduate students at Allegany College of Maryland received financial aid through grants or loans in 2024. This represents a growth of 2.33% with respect to 2023, when 86% of undergraduate students received financial aid.

This chart compares the average award discount at Allegany College of Maryland (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.

0.188%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Allegany College of Maryland was 0.188%, which represents 1 out of the 532 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

Allegany College of Maryland had a total enrollment of 2,762 students in 2024. The full-time enrollment at Allegany College of Maryland is 819 students and the part-time enrollment is 1,943. This means that 29.7% of students enrolled at Allegany College of Maryland are enrolled full-time.

The enrolled student population at Allegany College of Maryland, both undergraduate and graduate, is 76% White, 11.6% Black or African American, 4.56% Hispanic or Latino, 4.16% Two or More Races, 0.833% Asian, 0.217% Native Hawaiian or Other Pacific Islanders, and 0.0362% American Indian or Alaska Native.

Students enrolled at Allegany College of Maryland in full-time Undergraduate programs are most commonly White Female (50.6%), followed by White Male (26.5%) and Black or African American Male (5.48%).

Full-Time vs Part-Time Enrollment

29.7%

Full-Time Enrollment

The total enrollment at Allegany College of Maryland in 2024, both undergraduate and graduate, is 2,762 students. The full-time enrollment at Allegany College of Maryland is 819 and the part-time enrollment is 1,943. This means that 29.7% of students enrolled at Allegany College of Maryland are enrolled full-time compared with 31.9% at similar Associates Colleges.

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

Retention Rate over Time

66%

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 Allegany College of Maryland was 66%. Compared with the full-time retention rate at similar Associates Colleges (64%), Allegany College of Maryland had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
2,100 enrolled students
Black or African American
321 enrolled students
Hispanic or Latino
126 enrolled students

The enrolled student population at Allegany College of Maryland is 76% White, 11.6% Black or African American, 4.56% Hispanic or Latino, 4.16% Two or More Races, 0.833% Asian, 0.217% Native Hawaiian or Other Pacific Islanders, and 0.0362% 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 Associates Colleges is 41.3% White, 28.4% Hispanic or Latino, and 13.2% 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, 28 students (1.01%) did not report their race.

Operations

Allegany College of Maryland has an endowment valued at nearly $22.8M, as of the end of the 2024 fiscal year. The return on its endowment was of 499k (2.2%) compared to the 12.8% average return (818k on 6.41M) across all Associates Colleges.

In 2024, Allegany College of Maryland had a total salary expenditure of 41.2M. Allegany College of Maryland employs 33 Associate professors, 31 Assistant professors and 25 Professors. Most academics at Allegany College of Maryland are Female Associate professor (21), Female Assistant professor (21), and Female Professor (18).

The most common positions for non-instructional staff at Allegany College of Maryland are: Office and Administrative Support, with 48 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 36 employees, and Management with 30 employees.

Endowment

$22.8M

2024 Endowment

8.27%

growth from 2023

Allegany College of Maryland has an endowment valued at about $22.8M, as of the end of the 2024 fiscal year. The endowment of Allegany College of Maryland grew 8.27% from the previous year. The value of their endowment was $16.3M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Career & Technical-High Traditional Carnegie Classification grouping.

Salary Expenditure

$19.7M

2024 Salaries

5.73%

growth from 2023

In 2024, Allegany College of Maryland paid a median of $19.7M in salaries, which represents 47.7% of their overall expenditure ($41.2M) and a 5.73% growth from the previous year. This is compared to a 5.93% growth between 2022 and 2023, and a 6.53% growth between 2021 and 2022.

Instructional Salaries

$7.04M

Instructional Salaries

103

Number of Employees

In 2024, Allegany College of Maryland paid a total of $7.04M to 103 employees working as instructors, which represents 35.8% of all salaries paid.

This is compared to a median of $720k (4.04%) for similar Associates Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Allegany College of Maryland were Office and Administrative Support with 48 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 36 employees, and Management with 30 employees.

Allegany College of Maryland

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Allegany College of Maryland

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

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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