Carleton College

https://www.carleton.edu

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2024 Undergraduate Tuition

$68,457

5.25% growth from 2023

2024 Average Net Price

$28,047

After Financial Aid

2024 Acceptance Rate

20.4%

7,133 Applicants

2024 Enrolled Students

2,128

99.1% Full-Time

2024 Graduation Rate

89.6%

474 Graduates

About

Carleton College is a higher education institution located in Rice County, MN. In 2024, the most popular Bachelors Degree concentrations at Carleton College were Computer Science (78 degrees awarded), General Biological Sciences (42 degrees), and Other Research & Experimental Psychology (40 degrees).

In 2024, 486 degrees were awarded across all undergraduate and graduate programs at Carleton College. 50% of these degrees were awarded to women, and 50% awarded men. The most common race/ethnicity group of degree recipients was white (259 degrees), 4.71 times more than then the next closest race/ethnicity group, asian (55 degrees).

The median undergraduate tuition at Carleton College is $68,457, which is $40,279 more than the national average for Baccalaureate Colleges ($28,178).

About the photo: Skinner Memorial Chapel - Carleton College - Northfield, Minnesota

Photo by Tony Webster

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2024, the median undergraduate tuition at Carleton College is $68,457, which is $40,279 more than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $28,047.

In 2024, 63% of undergraduate students attending Carleton College received financial aid through grants. Comparatively, 43% of undergraduate students received financial aid through loans.

Tuition Costs

$68,457

2024 Undergraduate Tuition

In 2024, the cost of tuition at Carleton College was $68,457. The cost of tuition at Carleton College is $40,279 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

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

Average Net Price

$28,047

2024 Value

4.71%

1 Year Growth

In 2024 Carleton College had an average net price — the price paid after factoring in grants and loans — of $28,047. Between 2023 and 2024, the average net price of Carleton College grew by 4.71%.

This chart compares the average net price of Carleton 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

$16,710

Room and Board

$938

Books and Supplies

The average yearly cost of room and board at Carleton College was of $16,710 in 2024. The cost of room and board increased by 4.5% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $938. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

63%

Undergraduates Receiving Financial Aid through Grants

43%

Undergraduates Receiving Financial Aid through Loans

63% of undergraduate students at Carleton College received financial aid through grants or loans in 2024. This represents a growth of 1.61% with respect to 2023, when 62% of undergraduate students received financial aid.

This chart compares the average award discount at Carleton 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

Carleton College received 7,133 undergraduate applications in 2024, which represents a 10.3% annual growth. Out of those 7,133 applicants, 1,456 students were accepted for enrollment, representing a 20.4% acceptance rate.

There were 2,128 students enrolled at Carleton College in 2024. 34% of first-time enrollees submitted SAT scores with their applications.

Carleton College has an overall enrollment yield of 34.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

20.4%

Acceptance Rate in 2024

1,456

Accepted Out of 7,133

In 2024, the undergraduate acceptance rate of Carleton College was 20.4% (1,456 admissions from 7,133 applications). This is lower than the acceptance rate of 2023, which was 22.3%. Between 2023 and 2024, the number of applicants grew by 10.3%, while admissions grew by 1.11%.

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

SAT Scores

34%

Submission Percentage (2024)

170

Scores Submitted (2024)

34% of enrolled first-time students at Carleton College in 2024 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

Carleton College had a total enrollment of 2,128 students in 2024. The full-time enrollment at Carleton College is 2,108 students and the part-time enrollment is 20. This means that 99.1% of students enrolled at Carleton College are enrolled full-time.

The enrolled student population at Carleton College, both undergraduate and graduate, is 51% White, 10.3% Asian, 10.1% Hispanic or Latino, 8.65% Two or More Races, 5.78% Black or African American, 0.094% American Indian or Alaska Native, and 0.047% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Carleton College in full-time Undergraduate programs are most commonly White Male (25.7%), followed by White Female (25.6%) and Asian Female (5.56%).

Full-Time vs Part-Time Enrollment

99.1%

Full-Time Enrollment

The total enrollment at Carleton College in 2024, both undergraduate and graduate, is 2,128 students. The full-time enrollment at Carleton College is 2,108 and the part-time enrollment is 20. This means that 99.1% of students enrolled at Carleton College are enrolled full-time compared with 78.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

96%

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 Carleton College was 96%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Carleton College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,086 enrolled students
Asian
220 enrolled students
Hispanic or Latino
215 enrolled students

The enrolled student population at Carleton College is 51% White, 10.3% Asian, 10.1% Hispanic or Latino, 8.65% Two or More Races, 5.78% Black or African American, 0.094% American Indian or Alaska Native, and 0.047% 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, 73 students (3.43%) did not report their race.

Graduates

In 2024, 0 more women than men received degrees from Carleton College. The most common race/ethnicity group of degree recipients at Carleton College is white (259 degrees awarded). There were 4.71 times more white recipients than the next closest race/ethnicity group, asian (55 degrees).

The most common Bachelor's Degree concentration at Carleton College is Computer Science (78 degrees awarded), followed by General Biological Sciences (42 degrees) and Other Research & Experimental Psychology (40 degrees).

In 2024, the most specialized majors across all degree types at Carleton College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Physical Sciences (57 degrees awarded), Math & Statistics (49 degrees), and Philosophy and Religious Studies (16 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 Carleton College are Postsecondary teachers (166,384 people), Other managers (132,885 people), Software developers (117,124 people), Secondary school teachers (107,977 people), and Elementary & middle school teachers (93,680 people).

The most specialized majors at Carleton College in 2024 are Physical Sciences (57 degrees awarded), Math & Statistics (49 degrees), Philosophy and Religious Studies (16 degrees), Cultural & Gender Studies (10 degrees), and Language & Linguistics (19 degrees) (as of 2024).

Highest Paying Jobs by Major

Magnetic resonance imaging technologists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Carleton College are Magnetic resonance imaging technologists, Surgeons, Logisticians, Economists, and Securities, commodities, & financial services sales agents

The most specialized majors at Carleton College are Physical Sciences (57 degrees awarded), Math & Statistics (49 degrees), Philosophy and Religious Studies (16 degrees), Cultural & Gender Studies (10 degrees), and Language & Linguistics (19 degrees) (as of 2024).

Common Industries by Major

Colleges, universities & professional schools, including junior colleges

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Carleton College are Colleges, universities & professional schools, including junior colleges (294,825 people), Elementary & secondary schools (269,095 people), Computer Systems Design (165,316 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (125,254 people), and Scientific research & development services (85,533 people).

Majors Awarded

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

Most Common (2024)

Computer Science
78 degrees awarded
General Biological Sciences
42 degrees awarded
Other Research & Experimental Psychology
40 degrees awarded

In 2024, the most common bachelors degree concentration at Carleton College was Computer Science with 78 degrees awarded.

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

Sex Breakdown for Common Majors

243

Degrees Awarded to Men

in 2024

243

Degrees Awarded to Women

in 2024

In 2024, 243 degrees were awarded to men at Carleton College, which is 1 times approximately the same the number of degrees awarded to females (243).

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

Most Common Male Majors

In 2024, 50 degrees were awarded to men at Carleton College in Computer Science, which is 1.79 times more than the 28 female recipients with that same degree.

Most Common Female Majors

In 2024, 28 degrees were awarded to men at Carleton College in Other Research & Experimental Psychology, which is 2.33 times more than the 12 male recipients with that same degree.

Time to Complete

88%

100% Completion Time

91%

150% Completion Time

In 2024, 88% of students graduating from Carleton College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 91% completed their degrees within 150% of the normal time, and 91% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
259 degrees awarded
Asian
55 degrees awarded
Hispanic or Latino
42 degrees awarded

The most common race/ethnicity at Carleton College is white (259 degrees awarded). There were 4.71 times more white recipients than the next closest race/ethnicity group, asian (55 degrees).

2.88% of degree recipients (14 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Male
200 degrees awarded
White Female
197 degrees awarded
White Female
196 degrees awarded

The most common race/ethnicity and sex grouping at Carleton College is white male (200 degrees awarded). There were 1.02 times more white male recipients than the next closest race/ethnicity group, white female (197 degrees).

Operations

Carleton College has an endowment valued at nearly $1.26B, as of the end of the 2024 fiscal year. The return on its endowment was of 124M (9.9%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Carleton College had a total salary expenditure of 185M. Carleton College employs 108 Professors, 71 Assistant professors and 49 Associate professors. Most academics at Carleton College are Male Professor (57), Female Professor (51), and Female Assistant professor (41).

The most common positions for non-instructional staff at Carleton College are: Management, with 90 employees, Service, with 71 employees, and Office and Administrative Support with 54 employees.

Endowment

$1.26B

2024 Endowment

6.7%

growth from 2023

Carleton College has an endowment valued at about $1.26B, as of the end of the 2024 fiscal year. The endowment of Carleton College grew 6.7% from the previous year. The value of their endowment was $1.21B higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Carleton 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

$72.9M

2024 Salaries

7.75%

growth from 2023

In 2024, Carleton College paid a median of $72.9M in salaries, which represents 39.5% of their overall expenditure ($185M) and a 7.75% growth from the previous year. This is compared to a 13.9% growth between 2022 and 2023, and a 3.09% decline between 2021 and 2022.

Instructional Salaries

$31.4M

Instructional Salaries

250

Number of Employees

In 2024, Carleton College paid a total of $31.4M to 250 employees working as instructors, which represents 43.1% of all salaries paid.

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

Occupations by Share

In 2024, the most common positions for non-instructional staff at Carleton College were Management with 90 employees, Service with 71 employees, and Office and Administrative Support with 54 employees.

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