Rust College

www.rustcollege.edu

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2022 Undergraduate Tuition

$9,900

2022 Average Net Price

$8,151

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

78.8%

2,467 Applicants

2022 Enrolled Students

755

77.7% Full-Time

2022 Graduation Rate

22.5%

69 Graduates

About

Rust College is a higher education institution located in Marshall County, MS. In 2022, the most popular Bachelors Degree concentrations at Rust College were General Biological Sciences (25 degrees awarded), Kindergarten & Preschool Education (11 degrees), and Sociology (11 degrees).

In 2022, 125 degrees were awarded across all undergraduate and graduate programs at Rust College. 63.2% of these degrees were awarded to women, and 36.8% awarded men. The most common race/ethnicity group of degree recipients was black or african american (123 degrees), 123 times more than then the next closest race/ethnicity group, asian (1 degrees).

The median undergraduate tuition at Rust College is $9,900, which is $−18,430 less than the national average for Baccalaureate Colleges ($28,330).

In 2020 the default rate for borrower's at Rust College was 0%, corresponding to 0 out of the 303 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Rust College is $9,900, which is $18,430 less than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $8,151.

In 2022, 71% of undergraduate students attending Rust College received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Tuition Costs

$9,900

2022 Undergraduate Tuition

In 2022, the cost of tuition at Rust College was $9,900. The cost of tuition at Rust College is $−18,430 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$8,151

2022 Value

2.83%

1 Year Growth

In 2022 Rust College had an average net price — the price paid after factoring in grants and loans — of $8,151. Between 2021 and 2022, the average net price of Rust College grew by 2.83%.

This chart compares the average net price of Rust 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

$4,350

Room and Board

$250

Books and Supplies

The average yearly cost of room and board at Rust College was of $4,350 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $250. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

71%

Undergraduates Receiving Financial Aid through Grants

48%

Undergraduates Receiving Financial Aid through Loans

71% of undergraduate students at Rust College received financial aid through grants or loans in 2022. This represents a decline of 25.3% with respect to 2021, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Rust 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 Rust College was 0%, which represents 0 out of the 303 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

Rust College received 2,467 undergraduate applications in 2022, which represents a 5.44% annual growth. Out of those 2,467 applicants, 1,943 students were accepted for enrollment, representing a 78.8% acceptance rate.

There were 755 students enrolled at Rust College in 2022. 14% of first-time enrollees submitted SAT scores with their applications.

Rust College has an overall enrollment yield of 9.47%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.8%

Acceptance Rate in 2022

1,943

Accepted Out of 2,467

In 2022, the undergraduate acceptance rate of Rust College was 78.8% (1,943 admissions from 2,467 applications). This is higher than the acceptance rate of 2021, which was 37.6%. Between 2021 and 2022, the number of applicants declined by 5.44%, while admissions grew by 98.1%.

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

SAT Scores

14%

Submission Percentage (2022)

Scores Submitted (2022)

14% of enrolled first-time students at Rust 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

Rust College had a total enrollment of 755 students in 2022. The full-time enrollment at Rust College is 587 students and the part-time enrollment is 168. This means that 77.7% of students enrolled at Rust College are enrolled full-time.

The enrolled student population at Rust College, both undergraduate and graduate, is 95.4% Black or African American, 1.06% White, 0.927% Hispanic or Latino, and 0.265% Two or More Races.

Students enrolled at Rust College in full-time Undergraduate programs are most commonly Black or African American Female (59.8%), followed by Black or African American Male (37.5%) and Hispanic or Latino Female (0.17%).

Full-Time vs Part-Time Enrollment

77.7%

Full-Time Enrollment

The total enrollment at Rust College in 2022, both undergraduate and graduate, is 755 students. The full-time enrollment at Rust College is 587 and the part-time enrollment is 168. This means that 77.7% of students enrolled at Rust 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 Rust College (in red) compares to similar universities.

Retention Rate over Time

66%

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 Rust College was 66%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Rust College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Black or African American
720 enrolled students
White
8 enrolled students
Hispanic or Latino
7 enrolled students

The enrolled student population at Rust College is 95.4% Black or African American, 1.06% White, 0.927% Hispanic or Latino, and 0.265% Two or More Races. 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, 3 students (0.397%) did not report their race.

Graduates

In 2022, 33 more women than men received degrees from Rust College. The most common race/ethnicity group of degree recipients at Rust College is black or african american (123 degrees awarded). There were 123 times more black or african american recipients than the next closest race/ethnicity group, asian (1 degrees).

The most common Bachelor's Degree concentration at Rust College is General Biological Sciences (25 degrees awarded), followed by Kindergarten & Preschool Education (11 degrees) and Sociology (11 degrees).

In 2022, the most specialized majors across all degree types at Rust College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Biology (25 degrees awarded), Math & Statistics (5 degrees), and Social Sciences (13 degrees).

Common Jobs by Major

Physicians

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Rust College are Physicians (480,945 people), Other managers (406,176 people), Lawyers, & judges, magistrates, & other judicial workers (366,980 people), Postsecondary teachers (314,938 people), and Elementary & middle school teachers (220,377 people).

The most specialized majors at Rust College in 2022 are Biology (25 degrees awarded), Math & Statistics (5 degrees), Social Sciences (13 degrees), Public Administration and Social Service (6 degrees), and Physical Sciences (3 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Rust College are Surgeons, Cardiovascular technologists and technicians, Physicians, Nuclear medicine technologists and medical dosimetrists, and Securities, commodities, & financial services sales agents

The most specialized majors at Rust College are Biology (25 degrees awarded), Math & Statistics (5 degrees), Social Sciences (13 degrees), Public Administration and Social Service (6 degrees), and Physical Sciences (3 degrees) (as of 2022).

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 Rust College are Colleges, universities & professional schools, including junior colleges (668,933 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (660,904 people), Elementary & secondary schools (592,674 people), Computer Systems Design (330,443 people), and Legal services (292,563 people).

Majors Awarded

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

Most Common (2022)

General Biological Sciences
25 degrees awarded
Kindergarten & Preschool Education
11 degrees awarded
Sociology
11 degrees awarded

In 2022, the most common bachelors degree concentration at Rust College was General Biological Sciences with 25 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 46 degrees were awarded to men at Rust College, which is 0.582 times less than the number of degrees awarded to females (79).

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

Most Common Male Majors

In 2022, 6 degrees were awarded to men at Rust College in Computer Science, which is 2 times more than the 3 female recipients with that same degree.

Most Common Female Majors

In 2022, 19 degrees were awarded to men at Rust College in General Biological Sciences, which is 3.17 times more than the 6 male recipients with that same degree.

Time to Complete

14%

100% Completion Time

19%

150% Completion Time

In 2022, 14% of students graduating from Rust College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 19% completed their degrees within 150% of the normal time, and 31% 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.

Black or African American Female

Highest Graduation Rate (25.5%)

The student demographic with the highest graduation rate in 2022 at Rust College is Female and Black or African American (25.5% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

Black or African American
123 degrees awarded
Asian
1 degrees awarded

The most common race/ethnicity at Rust College is black or african american (123 degrees awarded). There were 123 times more black or african american recipients than the next closest race/ethnicity group, asian (1 degrees).

0.8% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Black or African American Female
79 degrees awarded
Black or African American Male
44 degrees awarded
Asian Male
1 degrees awarded

The most common race/ethnicity and sex grouping at Rust College is black or african american female (79 degrees awarded). There were 1.8 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (44 degrees).

Operations

Rust College has an endowment valued at nearly $42.8M, as of the end of the 2022 fiscal year. The return on its endowment was of −5.28M (−12.4%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Rust College had a total salary expenditure of 21.9M. Rust College employs 15 Assistant professors, 10 Instructors and 5 Associate professors. Most academics at Rust College are Female Assistant professor (11), Male Instructor (5), and Female Instructor (5).

The most common positions for non-instructional staff at Rust College are: Management, with 24 employees, Office and Administrative Support, with 16 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 14 employees.

Endowment

$42.8M

2022 Endowment

18.9%

growth from 2021

Rust College has an endowment valued at about $42.8M, as of the end of the 2022 fiscal year. The endowment of Rust College grew 18.9% from the previous year. The value of their endowment was $6.51M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Rust 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: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$6.73M

2022 Salaries

5.3%

growth from 2021

In 2022, Rust College paid a median of $6.73M in salaries, which represents 30.8% of their overall expenditure ($21.9M) and a 5.3% growth from the previous year. This is compared to a 7.25% decline between 2020 and 2021, and a 5.68% growth between 2019 and 2020.

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

Instructional Salaries

$1.76M

Instructional Salaries

Number of Employees

In 2022, Rust College paid a total of $1.76M to 35 employees working as instructors, which represents 26.1% 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

15 Employees

Management

Most Common Non-Instructional Employee

24 Employees

In 2022, the most common positions for instructional staff at Rust College were Assistant professor with 15 employees, Instructor with 10 employees, and Associate professor with 5 employees.

In 2022, the most common positions for non-instructional staff at Rust College were Management with 24 employees, Office and Administrative Support with 16 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 14 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Assistant professor
Male Instructor
Female Instructor

In 2022, the most common demographic for instructional staff at Rust College was Female Assistant professor with 11 employees, Male Instructor with 5 employees, and Female Instructor with 5 employees.

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

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