Carroll College

www.carroll.edu

2024 Undergraduate Tuition

$40,132

2.5% growth from 2023

2024 Average Net Price

$25,575

After Financial Aid

2023 Default Rate

0.461%

on Student Loans

2024 Acceptance Rate

70.9%

1,854 Applicants

2024 Enrolled Students

1,156

97.5% Full-Time

2024 Graduation Rate

69.3%

176 Graduates

Costs

In 2024, the median undergraduate tuition at Carroll College is $40,132, which is $11,954 more than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $25,575.

In 2024, 98% of undergraduate students attending Carroll College received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Tuition Costs

$40,132

2024 Undergraduate Tuition

In 2024, the cost of tuition at Carroll College was $40,132. The cost of tuition at Carroll College is $11,954 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

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

Average Net Price

$25,575

2024 Value

2.02%

1 Year Growth

In 2024 Carroll College had an average net price — the price paid after factoring in grants and loans — of $25,575. Between 2023 and 2024, the average net price of Carroll College grew by 2.02%.

This chart compares the average net price of Carroll 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

$11,624

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Carroll College was of $11,624 in 2024. The cost of room and board increased by 3.95% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

98%

Undergraduates Receiving Financial Aid through Grants

45%

Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at Carroll College received financial aid through grants or loans in 2024. This represents a growth of 1.03% with respect to 2023, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Carroll 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.

0.461%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Carroll College was 0.461%, which represents 1 out of the 217 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

Carroll College had a total enrollment of 1,156 students in 2024. The full-time enrollment at Carroll College is 1,127 students and the part-time enrollment is 29. This means that 97.5% of students enrolled at Carroll College are enrolled full-time.

The enrolled student population at Carroll College, both undergraduate and graduate, is 75.6% White, 6.92% Hispanic or Latino, 4.84% Two or More Races, 1.21% Asian, 0.865% Black or African American, 0.519% American Indian or Alaska Native, and 0.0865% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Carroll College in full-time Undergraduate programs are most commonly White Female (46.9%), followed by White Male (31.4%) and Hispanic or Latino Female (4.47%). Students enrolled in full-time Graduate programs are most commonly White Female (17.3%), followed by White Male (9.88%) and Two or More Races Male (1.23%).

Full-Time vs Part-Time Enrollment

97.5%

Full-Time Enrollment

The total enrollment at Carroll College in 2024, both undergraduate and graduate, is 1,156 students. The full-time enrollment at Carroll College is 1,127 and the part-time enrollment is 29. This means that 97.5% of students enrolled at Carroll 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 Carroll College (in red) compares to similar universities.

Retention Rate over Time

82%

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 Carroll College was 82%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Carroll College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
874 enrolled students
Hispanic or Latino
80 enrolled students
Two or More Races
56 enrolled students

The enrolled student population at Carroll College is 75.6% White, 6.92% Hispanic or Latino, 4.84% Two or More Races, 1.21% Asian, 0.865% Black or African American, 0.519% American Indian or Alaska Native, and 0.0865% 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.

Operations

Carroll College has an endowment valued at nearly $81M, as of the end of the 2024 fiscal year. The return on its endowment was of 10.9M (13.5%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Carroll College had a total salary expenditure of 45.3M. Carroll College employs 39 Associate professors, 21 Assistant professors and 21 Professors. Most academics at Carroll College are Female Associate professor (20), Male Associate professor (19), and Female Assistant professor (15).

The most common positions for non-instructional staff at Carroll College are: Management, with 39 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 28 employees, and Business and Financial Operations with 25 employees.

Endowment

$81M

2024 Endowment

14.9%

growth from 2023

Carroll College has an endowment valued at about $81M, as of the end of the 2024 fiscal year. The endowment of Carroll College grew 14.9% from the previous year. The value of their endowment was $31.6M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Carroll 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

$14.8M

2024 Salaries

4.22%

growth from 2023

In 2024, Carroll College paid a median of $14.8M in salaries, which represents 32.6% of their overall expenditure ($45.3M) and a 4.22% growth from the previous year. This is compared to a 1.55% growth between 2022 and 2023, and a 4.35% growth between 2021 and 2022.

Instructional Salaries

$5.97M

Instructional Salaries

Number of Employees

In 2024, Carroll College paid a total of $5.97M to 85 employees working as instructors, which represents 40.4% 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 Carroll College were Management with 39 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 28 employees, and Business and Financial Operations with 25 employees.

Carroll College

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Carroll College

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

SAT Scores

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

Graduation Rate by Race and Sex

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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