Alfred University

www.alfred.edu

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    2024 Undergraduate Tuition
    $36,818
    3.79% growth from 2023
    2024 Average Net Price
    $26,470
    After Financial Aid
    2024 Acceptance Rate
    73.8%
    4,988 Applicants
    2024 Enrolled Students
    2,007
    80.4% Full-Time
    2024 Graduation Rate
    57%
    249 Graduates

    About

    Alfred University is a higher education institution located in Allegany County, NY. In 2024, the most popular Post-Masters Certificate concentrations at Alfred University were Mental Health Counseling (104 degrees awarded), School Psychology (7 degrees), and School Counseling & Guidance Services (7 degrees).

    In 2024, 524 degrees were awarded across all undergraduate and graduate programs at Alfred University. 66.6% of these degrees were awarded to women, and 33.4% awarded men. The most common race/ethnicity group of degree recipients was white (246 degrees), 5.86 times more than then the next closest race/ethnicity group, hispanic or latino (42 degrees).

    The median undergraduate tuition at Alfred University is $36,818, which is $12,818 more than the national average for Masters Colleges and Universities ($24,000).

    Masters Colleges & Universities: Larger ProgramsMasters Colleges and Universities

    Costs

    In 2024, the median undergraduate tuition at Alfred University is $36,818, which is $12,818 more than the national average for Masters Colleges and Universities ($24,000).

    After taking grants and loans into account, the average net price for students is $26,470.

    In 2024, 99% of undergraduate students attending Alfred University received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

    Tuition Costs

    $36,818
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Alfred University was $36,818. The cost of tuition at Alfred University is $12,818 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

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    Average Net Price

    $26,470
    2024 Value
    1.31%
    1 Year Growth

    In 2024 Alfred University had an average net price — the price paid after factoring in grants and loans — of $26,470. Between 2023 and 2024, the average net price of Alfred University grew by 1.31%.

    This chart compares the average net price of Alfred University (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

    $14,240
    Room and Board
    $1,300
    Books and Supplies

    The average yearly cost of room and board at Alfred University was of $14,240 in 2024. The cost of room and board increased by 5.01% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,300. The cost of books and supplies did not change during the same period.

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

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    Financial Aid by Income Level

    99%
    Undergraduates Receiving Financial Aid through Grants
    64%
    Undergraduates Receiving Financial Aid through Loans

    99% of undergraduate students at Alfred University received financial aid through grants or loans in 2024. This represents a growth of 6.45% with respect to 2023, when 93% of undergraduate students received financial aid.

    This chart compares the average award discount at Alfred University (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

    Alfred University received 4,988 undergraduate applications in 2024, which represents a 35.7% annual growth. Out of those 4,988 applicants, 3,683 students were accepted for enrollment, representing a 73.8% acceptance rate.

    There were 2,007 students enrolled at Alfred University in 2024. 26% of first-time enrollees submitted SAT scores with their applications.

    Alfred University has an overall enrollment yield of 9.91%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    73.8%
    Acceptance Rate in 2024
    3,683
    Accepted Out of 4,988

    In 2024, the undergraduate acceptance rate of Alfred University was 73.8% (3,683 admissions from 4,988 applications). This is higher than the acceptance rate of 2023, which was 48.3%. Between 2023 and 2024, the number of applicants declined by 35.7%, while admissions declined by 1.81%.

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

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    SAT Scores

    26%
    Submission Percentage (2024)
    95
    Scores Submitted (2024)

    26% of enrolled first-time students at Alfred University 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.

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    Enrollment

    Alfred University had a total enrollment of 2,007 students in 2024. The full-time enrollment at Alfred University is 1,613 students and the part-time enrollment is 394. This means that 80.4% of students enrolled at Alfred University are enrolled full-time.

    The enrolled student population at Alfred University, both undergraduate and graduate, is 49.9% White, 8.27% Hispanic or Latino, 5.73% Black or African American, 2.84% Two or More Races, 1.35% Asian, and 0.149% American Indian or Alaska Native.

    Students enrolled at Alfred University in full-time Undergraduate programs are most commonly White Female (34.2%), followed by White Male (29.3%) and Hispanic or Latino Female (6.13%). Students enrolled in full-time Graduate programs are most commonly White Female (14.3%), followed by White Male (9.44%) and Black or African American Female (1.94%).

    Full-Time vs Part-Time Enrollment

    80.4%
    Full-Time Enrollment

    The total enrollment at Alfred University in 2024, both undergraduate and graduate, is 2,007 students. The full-time enrollment at Alfred University is 1,613 and the part-time enrollment is 394. This means that 80.4% of students enrolled at Alfred University are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

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

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    Retention Rate over Time

    78%
    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 Alfred University was 78%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Alfred University had a retention rate higher than its peers.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      1,001 enrolled students
    2. Hispanic or Latino
      166 enrolled students
    3. Black or African American
      115 enrolled students

    The enrolled student population at Alfred University is 49.9% White, 8.27% Hispanic or Latino, 5.73% Black or African American, 2.84% Two or More Races, 1.35% Asian, and 0.149% 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 Masters Colleges and Universities is 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 486 students (24.2%) did not report their race.

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    Graduates

    In 2024, 174 more women than men received degrees from Alfred University. The most common race/ethnicity group of degree recipients at Alfred University is white (246 degrees awarded). There were 5.86 times more white recipients than the next closest race/ethnicity group, hispanic or latino (42 degrees).

    The most common Post-Masters Certificate concentration at Alfred University is Mental Health Counseling (104 degrees awarded), followed by School Psychology (7 degrees) and School Counseling & Guidance Services (7 degrees).

    In 2024,  the most specialized majors across all degree types at Alfred University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (78 degrees awarded), Engineering (69 degrees), and Psychology (41 degrees).

    Common Jobs by Major

    Elementary & middle school teachers
    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Alfred University are Elementary & middle school teachers (1,658,077 people), Other managers (571,089 people), Secondary school teachers (553,247 people), Software developers (548,989 people), and Miscellaneous engineers, including nuclear engineers (378,922 people).

    The most specialized majors at Alfred University in 2024 are Visual & Performing Arts (78 degrees awarded), Engineering (69 degrees), Psychology (41 degrees), Natural Resources & Conservation (6 degrees), and Education (58 degrees) (as of 2024).

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    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 Alfred University are Surgeons, Diagnostic medical sonographers, Podiatrists, Nurse anesthetists, and Securities, commodities, & financial services sales agents

    The most specialized majors at Alfred University are Visual & Performing Arts (78 degrees awarded), Engineering (69 degrees), Psychology (41 degrees), Natural Resources & Conservation (6 degrees), and Education (58 degrees) (as of 2024).

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    Common Industries by Major

    Elementary & secondary schools
    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Alfred University are Elementary & secondary schools (3,219,049 people), Computer Systems Design (664,034 people), Colleges, universities & professional schools, including junior colleges (662,476 people), Architectural, engineering & related services (532,655 people), and Construction (445,648 people).

    The most specialized majors at Alfred University are Visual & Performing Arts (78 degrees awarded), Engineering (69 degrees), Psychology (41 degrees), Natural Resources & Conservation (6 degrees), and Education (58 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 Alfred University.
    Most Common (2024)
    1. General Fine Studio Arts
      55 degrees awarded
    2. Mechanical Engineering
      24 degrees awarded
    3. General Psychology
      24 degrees awarded

    In 2024, the most common bachelors degree concentration at Alfred University was General Fine Studio Arts with 55 degrees awarded.

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

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    Sex Breakdown for Common Majors

    175
    Degrees Awarded to Men
    in 2024
    349
    Degrees Awarded to Women
    in 2024

    In 2024, 175 degrees were awarded to men at Alfred University, which is 0.501 times less than the number of degrees awarded to females (349).

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

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    Most Common Male Majors

    In 2024, 24 degrees were awarded to men at Alfred University in General Business Administration & Management, which is 1.41 times more than the 17 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 115 degrees were awarded to men at Alfred University in Mental Health Counseling, which is 6.05 times more than the 19 male recipients with that same degree.

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    Time to Complete

    43%
    100% Completion Time
    53%
    150% Completion Time

    In 2024, 43% of students graduating from Alfred University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 53% completed their degrees within 150% of the normal time, and 54% within 200%.

    The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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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    Graduation Rate by Race and Sex

    Showing demographic groups with ≥ 5 graduating students.
    Asian Male
    Highest Graduation Rate (100%)

    The student demographic with the highest graduation rate in 2024 at Alfred University is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (75.5%).

    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.

    The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 9.24% of graduates (23 students) did not report their race.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      246 degrees awarded
    2. Hispanic or Latino
      42 degrees awarded
    3. Black or African American
      41 degrees awarded

    The most common race/ethnicity at Alfred University is white (246 degrees awarded). There were 5.86 times more white recipients than the next closest race/ethnicity group, hispanic or latino (42 degrees).

    30.3% of degree recipients (159 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      251 degrees awarded
    2. White Female
      230 degrees awarded
    3. White Female
      220 degrees awarded

    The most common race/ethnicity and sex grouping at Alfred University is white female (251 degrees awarded). There were 1.09 times more white female recipients than the next closest race/ethnicity group, white female (230 degrees).

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    Operations

    Alfred University has an endowment valued at nearly $194M, as of the end of the 2024 fiscal year. The return on its endowment was of 24.3M (12.5%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

    In 2024, Alfred University had a total salary expenditure of 88.3M. Alfred University employs 62 Assistant professors, 42 Professors and 35 Associate professors. Most academics at Alfred University are Male Assistant professor (33), Female Assistant professor (29), and Male Professor (26).

    The most common positions for non-instructional staff at Alfred University are: Office and Administrative Support, with 67 employees, Service, with 58 employees, and Management with 57 employees.

    Endowment

    $194M
    2024 Endowment
    9.78%
    growth from 2023

    Alfred University has an endowment valued at about $194M, as of the end of the 2024 fiscal year. The endowment of Alfred University grew 9.78% from the previous year. The value of their endowment was $148M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

    This line chart shows how the endowment at Alfred University (in red) compares to that of some similar universities.

    The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

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    Salary Expenditure

    $33.9M
    2024 Salaries
    13.6%
    growth from 2023

    In 2024, Alfred University paid a median of $33.9M in salaries, which represents 38.4% of their overall expenditure ($88.3M) and a 13.6% growth from the previous year. This is compared to a 8.92% growth between 2022 and 2023, and a 2.21% growth between 2021 and 2022.

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    Instructional Salaries

    $11.4M
    Instructional Salaries
    155
    Number of Employees

    In 2024, Alfred University paid a total of $11.4M to 155 employees working as instructors, which represents 33.7% of all salaries paid.

    This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Alfred University were Office and Administrative Support with 67 employees, Service with 58 employees, and Management with 57 employees.

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