The University of Olivet

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    2024 Undergraduate Tuition
    $33,676
    3% growth from 2023
    2024 Average Net Price
    $19,362
    After Financial Aid
    2024 Acceptance Rate
    83.2%
    1,516 Applicants
    2024 Enrolled Students
    979
    91% Full-Time
    2024 Graduation Rate
    35.3%
    103 Graduates

    About

    The University of Olivet is a higher education institution located in Eaton County, MI. In 2024, the most popular Bachelors Degree concentrations at The University of Olivet were General Psychology (27 degrees awarded), General Business Administration & Management (24 degrees), and General Biological Sciences (19 degrees).

    In 2024, 213 degrees were awarded across all undergraduate and graduate programs at The University of Olivet. 43.7% of these degrees were awarded to women, and 56.3% awarded men. The most common race/ethnicity group of degree recipients was white (146 degrees), 4.56 times more than then the next closest race/ethnicity group, black or african american (32 degrees).

    The median undergraduate tuition at The University of Olivet is $33,676, which is $5,498 more than the national average for Baccalaureate Colleges ($28,178).

    Costs

    In 2024, the median undergraduate tuition at The University of Olivet is $33,676, which is $5,498 more than the national average for Baccalaureate Colleges ($28,178).

    After taking grants and loans into account, the average net price for students is $19,362.

    In 2024, 97% of undergraduate students attending The University of Olivet received financial aid through grants. Comparatively, 78% of undergraduate students received financial aid through loans.

    Tuition Costs

    $33,676
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at The University of Olivet was $33,676. The cost of tuition at The University of Olivet is $5,498 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

    This chart compares the tuition costs of The University of Olivet (in red) with those of other similar universities.

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    Average Net Price

    $19,362
    2024 Value
    17.7%
    1 Year Growth

    In 2024 The University of Olivet had an average net price — the price paid after factoring in grants and loans — of $19,362. Between 2023 and 2024, the average net price of The University of Olivet grew by 17.7%.

    This chart compares the average net price of The University of Olivet (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.

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    Other Student Expenses

    $11,193
    Room and Board
    $1,200
    Books and Supplies

    The average yearly cost of room and board at The University of Olivet was of $11,193 in 2024. The cost of room and board increased by 2.96% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

    This chart compares the average student costs at The University of Olivet (in red) with that of similar universities.

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    Financial Aid by Income Level

    97%
    Undergraduates Receiving Financial Aid through Grants
    78%
    Undergraduates Receiving Financial Aid through Loans

    97% of undergraduate students at The University of Olivet received financial aid through grants or loans in 2024. This represents a growth of 5.43% with respect to 2023, when 92% of undergraduate students received financial aid.

    This chart compares the average award discount at The University of Olivet (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.

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    Admissions

    The University of Olivet received 1,516 undergraduate applications in 2024, which represents a 6.99% annual growth. Out of those 1,516 applicants, 1,262 students were accepted for enrollment, representing a 83.2% acceptance rate.

    There were 979 students enrolled at The University of Olivet in 2024. 30% of first-time enrollees submitted SAT scores with their applications.

    The University of Olivet has an overall enrollment yield of 20.4%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    83.2%
    Acceptance Rate in 2024
    1,262
    Accepted Out of 1,516

    In 2024, the undergraduate acceptance rate of The University of Olivet was 83.2% (1,262 admissions from 1,516 applications). This is lower than the acceptance rate of 2023, which was 97.1%. Between 2023 and 2024, the number of applicants grew by 6.99%, while admissions declined by 8.28%.

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

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    SAT Scores

    30%
    Submission Percentage (2021)
    65
    Scores Submitted (2021)

    30% of enrolled first-time students at The University of Olivet in 2021 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

    The University of Olivet had a total enrollment of 979 students in 2024. The full-time enrollment at The University of Olivet is 891 students and the part-time enrollment is 88. This means that 91% of students enrolled at The University of Olivet are enrolled full-time.

    The enrolled student population at The University of Olivet, both undergraduate and graduate, is 66.3% White, 18% Black or African American, 6.95% Hispanic or Latino, 6.54% Two or More Races, 0.511% Asian, 0.306% American Indian or Alaska Native, and 0.306% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at The University of Olivet in full-time Undergraduate programs are most commonly White Male (34.6%), followed by White Female (30.9%) and Black or African American Male (13.4%). Students enrolled in full-time Graduate programs are most commonly White Male (38.6%), followed by White Female (36.8%) and Black or African American Female (7.02%).

    Full-Time vs Part-Time Enrollment

    91%
    Full-Time Enrollment

    The total enrollment at The University of Olivet in 2024, both undergraduate and graduate, is 979 students. The full-time enrollment at The University of Olivet is 891 and the part-time enrollment is 88. This means that 91% of students enrolled at The University of Olivet are enrolled full-time compared with 78.9% at similar Baccalaureate Colleges.

    This chart shows the full-time vs part-time enrollment status at The University of Olivet (in red) compares to similar universities.

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    Retention Rate over Time

    61%
    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 The University of Olivet was 61%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), The University of Olivet had a retention rate lower than its peers.

    This chart shows the retention rate over time at The University of Olivet (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      649 enrolled students
    2. Black or African American
      176 enrolled students
    3. Hispanic or Latino
      68 enrolled students

    The enrolled student population at The University of Olivet is 66.3% White, 18% Black or African American, 6.95% Hispanic or Latino, 6.54% Two or More Races, 0.511% Asian, 0.306% American Indian or Alaska Native, and 0.306% Native Hawaiian or Other Pacific Islanders. 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.

    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, 9 students (0.919%) did not report their race.

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    Graduates

    In 2024, 27 fewer women than men received degrees from The University of Olivet. The most common race/ethnicity group of degree recipients at The University of Olivet is white (146 degrees awarded). There were 4.56 times more white recipients than the next closest race/ethnicity group, black or african american (32 degrees).

    The most common Bachelor's Degree concentration at The University of Olivet is General Psychology (27 degrees awarded), followed by General Business Administration & Management (24 degrees) and General Biological Sciences (19 degrees).

    In 2024,  the most specialized majors across all degree types at The University of Olivet, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (30 degrees awarded), Natural Resources & Conservation (10 degrees), and Protective Services (25 degrees).

    Common Jobs by Major

    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at The University of Olivet are Other managers (242,853 people), Elementary & middle school teachers (225,644 people), Lawyers, & judges, magistrates, & other judicial workers (187,668 people), Police officers (164,935 people), and Secondary school teachers (119,621 people).

    The most specialized majors at The University of Olivet in 2024 are Parks, Recreation, & Leisure (30 degrees awarded), Natural Resources & Conservation (10 degrees), Protective Services (25 degrees), Psychology (35 degrees), and History (4 degrees) (as of 2024).

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    Highest Paying Jobs by Major

    Highest Paying Job

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at The University of Olivet are Surgeons, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Physicians, and Nuclear medicine technologists and medical dosimetrists

    The most specialized majors at The University of Olivet are Parks, Recreation, & Leisure (30 degrees awarded), Natural Resources & Conservation (10 degrees), Protective Services (25 degrees), Psychology (35 degrees), and History (4 degrees) (as of 2024).

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    Common Industries by Major

    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at The University of Olivet are Elementary & secondary schools (661,780 people), Justice, public order, & safety activities (424,446 people), Colleges, universities & professional schools, including junior colleges (331,424 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (310,711 people), and Outpatient care centers (235,118 people).

    The most specialized majors at The University of Olivet are Parks, Recreation, & Leisure (30 degrees awarded), Natural Resources & Conservation (10 degrees), Protective Services (25 degrees), Psychology (35 degrees), and History (4 degrees) (as of 2024).

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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 The University of Olivet.
    Most Common (2024)
    1. 27 degrees awarded
    2. 24 degrees awarded
    3. 19 degrees awarded

    In 2024, the most common bachelors degree concentration at The University of Olivet was General Psychology with 27 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at The University of Olivet according to their major.

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    Sex Breakdown for Common Majors

    120
    Degrees Awarded to Men
    in 2024
    93
    Degrees Awarded to Women
    in 2024

    In 2024, 120 degrees were awarded to men at The University of Olivet, which is 1.29 times more than the number of degrees awarded to females (93).

    This chart displays the sex disparity between the top 5 majors at The University of Olivet by degrees awarded.

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    Most Common Male Majors

    In 2024, 26 degrees were awarded to men at The University of Olivet in General Business Administration & Management, which is 1.73 times more than the 15 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 18 degrees were awarded to men at The University of Olivet in General Psychology, which is 2 times more than the 9 male recipients with that same degree.

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    Time to Complete

    34%
    100% Completion Time
    44%
    150% Completion Time

    In 2024, 34% of students graduating from The University of Olivet completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 44% completed their degrees within 150% of the normal time, and 44% 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      146 degrees awarded
    2. Black or African American
      32 degrees awarded
    3. Two or More Races
      16 degrees awarded

    The most common race/ethnicity at The University of Olivet is white (146 degrees awarded). There were 4.56 times more white recipients than the next closest race/ethnicity group, black or african american (32 degrees).

    0.939% of degree recipients (2 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      127 degrees awarded
    2. White Female
      120 degrees awarded
    3. White Male
      106 degrees awarded

    The most common race/ethnicity and sex grouping at The University of Olivet is white female (127 degrees awarded). There were 1.06 times more white female recipients than the next closest race/ethnicity group, white female (120 degrees).

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    Operations

    The University of Olivet has an endowment valued at nearly $27.2M, as of the end of the 2024 fiscal year. The return on its endowment was of 2.99M (11%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

    In 2024, The University of Olivet had a total salary expenditure of 28.8M. The University of Olivet employs 22 Assistant professors, 17 Professors and 14 Associate professors. Most academics at The University of Olivet are Female Assistant professor (17), Female Professor (9), and Male Associate professor (9).

    The most common positions for non-instructional staff at The University of Olivet are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 68 employees, Management, with 28 employees, and Service with 15 employees.

    Endowment

    $27.2M
    2024 Endowment
    9.46%
    growth from 2023

    The University of Olivet has an endowment valued at about $27.2M, as of the end of the 2024 fiscal year. The endowment of The University of Olivet grew 9.46% from the previous year. The value of their endowment was $22.2M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

    This line chart shows how the endowment at The University of Olivet (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.

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    Salary Expenditure

    $12.7M
    2024 Salaries
    9.74%
    growth from 2023

    In 2024, The University of Olivet paid a median of $12.7M in salaries, which represents 44.2% of their overall expenditure ($28.8M) and a 9.74% growth from the previous year. This is compared to a 11.5% growth between 2022 and 2023, and a 2.07% growth between 2021 and 2022.

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    Instructional Salaries

    $3.18M
    Instructional Salaries
    53
    Number of Employees

    In 2024, The University of Olivet paid a total of $3.18M to 53 employees working as instructors, which represents 25% of all salaries paid.

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

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at The University of Olivet were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 68 employees, Management with 28 employees, and Service with 15 employees.

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