St Olaf College

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2024 Undergraduate Tuition

$59,760

4.9% growth from 2023

2024 Average Net Price

$26,756

After Financial Aid

2024 Acceptance Rate

48.3%

6,623 Applicants

2024 Enrolled Students

3,124

98.5% Full-Time

2024 Graduation Rate

84%

677 Graduates

About

St Olaf College is a higher education institution located in Rice County, MN. In 2024, the most popular Bachelors Degree concentrations at St Olaf College were General Biological Sciences (96 degrees awarded), General Mathematics (76 degrees), and Other Research & Experimental Psychology (68 degrees).

In 2024, 858 degrees were awarded across all undergraduate and graduate programs at St Olaf College. 58% of these degrees were awarded to women, and 42% awarded men. The most common race/ethnicity group of degree recipients was white (600 degrees), 10.3 times more than then the next closest race/ethnicity group, hispanic or latino (58 degrees).

The median undergraduate tuition at St Olaf College is $59,760, which is $31,582 more than the national average for Baccalaureate Colleges ($28,178).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2024, the median undergraduate tuition at St Olaf College is $59,760, which is $31,582 more than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $26,756.

In 2024, 99% of undergraduate students attending St Olaf College received financial aid through grants. Comparatively, 42% of undergraduate students received financial aid through loans.

Tuition Costs

$59,760

2024 Undergraduate Tuition

In 2024, the cost of tuition at St Olaf College was $59,760. The cost of tuition at St Olaf College is $31,582 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

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

Average Net Price

$26,756

2024 Value

1.93%

1 Year Growth

In 2024 St Olaf College had an average net price — the price paid after factoring in grants and loans — of $26,756. Between 2023 and 2024, the average net price of St Olaf College grew by 1.93%.

This chart compares the average net price of St Olaf 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

$13,000

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at St Olaf College was of $13,000 in 2024. The cost of room and board increased by 4.42% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

42%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at St Olaf College received financial aid through grants or loans in 2024. This represents a growth of 1.02% with respect to 2023, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at St Olaf 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

St Olaf College received 6,623 undergraduate applications in 2024, which represents a 11.2% annual growth. Out of those 6,623 applicants, 3,200 students were accepted for enrollment, representing a 48.3% acceptance rate.

There were 3,124 students enrolled at St Olaf College in 2024. 11% of first-time enrollees submitted SAT scores with their applications.

St Olaf College has an overall enrollment yield of 26.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

48.3%

Acceptance Rate in 2024

3,200

Accepted Out of 6,623

In 2024, the undergraduate acceptance rate of St Olaf College was 48.3% (3,200 admissions from 6,623 applications). This is lower than the acceptance rate of 2023, which was 52.1%. Between 2023 and 2024, the number of applicants grew by 11.2%, while admissions grew by 3.03%.

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

SAT Scores

11%

Submission Percentage (2024)

Scores Submitted (2024)

11% of enrolled first-time students at St Olaf 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

St Olaf College had a total enrollment of 3,124 students in 2024. The full-time enrollment at St Olaf College is 3,078 students and the part-time enrollment is 46. This means that 98.5% of students enrolled at St Olaf College are enrolled full-time.

The enrolled student population at St Olaf College, both undergraduate and graduate, is 66.6% White, 9.64% Hispanic or Latino, 4.93% Asian, 4.67% Two or More Races, 3.1% Black or African American, and 0.096% American Indian or Alaska Native.

Students enrolled at St Olaf College in full-time Undergraduate programs are most commonly White Female (39%), followed by White Male (27.8%) and Hispanic or Latino Female (5.91%).

Full-Time vs Part-Time Enrollment

98.5%

Full-Time Enrollment

The total enrollment at St Olaf College in 2024, both undergraduate and graduate, is 3,124 students. The full-time enrollment at St Olaf College is 3,078 and the part-time enrollment is 46. This means that 98.5% of students enrolled at St Olaf 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 St Olaf College (in red) compares to similar universities.

Retention Rate over Time

92%

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 St Olaf College was 92%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), St Olaf College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
2,082 enrolled students
Hispanic or Latino
301 enrolled students
Asian
154 enrolled students

The enrolled student population at St Olaf College is 66.6% White, 9.64% Hispanic or Latino, 4.93% Asian, 4.67% Two or More Races, 3.1% Black or African American, and 0.096% 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 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, 11 students (0.352%) did not report their race.

Graduates

In 2024, 138 more women than men received degrees from St Olaf College. The most common race/ethnicity group of degree recipients at St Olaf College is white (600 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (58 degrees).

The most common Bachelor's Degree concentration at St Olaf College is General Biological Sciences (96 degrees awarded), followed by General Mathematics (76 degrees) and Other Research & Experimental Psychology (68 degrees).

In 2024, the most specialized majors across all degree types at St Olaf College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Cultural & Gender Studies (34 degrees awarded), Language & Linguistics (52 degrees), and Math & Statistics (76 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 St Olaf 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 St Olaf College in 2024 are Cultural & Gender Studies (34 degrees awarded), Language & Linguistics (52 degrees), Math & Statistics (76 degrees), Philosophy and Religious Studies (26 degrees), and Physical Sciences (51 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 St Olaf College are Magnetic resonance imaging technologists, Surgeons, Logisticians, Economists, and Securities, commodities, & financial services sales agents

The most specialized majors at St Olaf College are Cultural & Gender Studies (34 degrees awarded), Language & Linguistics (52 degrees), Math & Statistics (76 degrees), Philosophy and Religious Studies (26 degrees), and Physical Sciences (51 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 St Olaf 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 St Olaf College.

Most Common (2024)

General Biological Sciences
96 degrees awarded
General Mathematics
76 degrees awarded
Other Research & Experimental Psychology
68 degrees awarded

In 2024, the most common bachelors degree concentration at St Olaf College was General Biological Sciences with 96 degrees awarded.

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

Sex Breakdown for Common Majors

360

Degrees Awarded to Men

in 2024

498

Degrees Awarded to Women

in 2024

In 2024, 360 degrees were awarded to men at St Olaf College, which is 0.723 times less than the number of degrees awarded to females (498).

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

Most Common Male Majors

In 2024, 54 degrees were awarded to men at St Olaf College in General Mathematics, which is 2.45 times more than the 22 female recipients with that same degree.

Most Common Female Majors

In 2024, 68 degrees were awarded to men at St Olaf College in General Biological Sciences, which is 2.43 times more than the 28 male recipients with that same degree.

Time to Complete

82%

100% Completion Time

85%

150% Completion Time

In 2024, 82% of students graduating from St Olaf College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 85% completed their degrees within 150% of the normal time, and 85% 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
600 degrees awarded
Hispanic or Latino
58 degrees awarded
Asian
51 degrees awarded

The most common race/ethnicity at St Olaf College is white (600 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (58 degrees).

0.466% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
497 degrees awarded
White Female
462 degrees awarded
White Female
456 degrees awarded

The most common race/ethnicity and sex grouping at St Olaf College is white female (497 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white female (462 degrees).

Operations

St Olaf College has an endowment valued at nearly $804M, as of the end of the 2024 fiscal year. The return on its endowment was of 111M (13.8%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, St Olaf College had a total salary expenditure of 148M. St Olaf College employs 95 Assistant professors, 73 Associate professors and 62 Professors. Most academics at St Olaf College are Female Assistant professor (55), Female Associate professor (42), and Male Assistant professor (40).

The most common positions for non-instructional staff at St Olaf College are: Service, with 88 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 74 employees, and Management with 53 employees.

Endowment

$804M

2024 Endowment

12.9%

growth from 2023

St Olaf College has an endowment valued at about $804M, as of the end of the 2024 fiscal year. The endowment of St Olaf College grew 12.9% from the previous year. The value of their endowment was $754M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at St Olaf 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

$54.6M

2024 Salaries

6.24%

growth from 2023

In 2024, St Olaf College paid a median of $54.6M in salaries, which represents 37% of their overall expenditure ($148M) and a 6.24% growth from the previous year. This is compared to a 6.48% growth between 2022 and 2023, and a 1.54% growth between 2021 and 2022.

Instructional Salaries

$20.5M

Instructional Salaries

247

Number of Employees

In 2024, St Olaf College paid a total of $20.5M to 247 employees working as instructors, which represents 37.5% 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 St Olaf College were Service with 88 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 74 employees, and Management with 53 employees.

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