Alfred University

www.alfred.edu/

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2021 Undergraduate Tuition

$32,664

4.04% growth from 2020

2021 Average Net Price

$25,377

After Financial Aid

2019 Student Loan

3.35%

Default Rate

2021 Acceptance Rate

67.2%

6,243 Applicants

2021 Enrolled Students

1,982

80.3% Full-Time

2021 Graduation Rate

59.9%

272 Graduates

About

Alfred University is a higher education institution located in Allegany County, NY. In 2021, the most popular Bachelors Degree concentrations at Alfred University were General Fine Studio Arts (63 degrees awarded), Mechanical Engineering (35 degrees), and General Psychology (31 degrees).

In 2021, 547 degrees were awarded across all undergraduate and graduate programs at Alfred University. 59.8% of these degrees were awarded to women, and 40.2% awarded men. The most common race/ethnicity group of degree recipients was white (311 degrees), 5.18 times more than then the next closest race/ethnicity group, black or african american (60 degrees).

The median undergraduate tuition at Alfred University is $32,664, which is $9,480 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Alfred University is $32,664, which is $9,480 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $25,377.

In 2021, 89% of undergraduate students attending Alfred University received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Tuition Costs

$32,664

2021 Undergraduate Tuition

In 2021, the cost of tuition at Alfred University was $32,664. The cost of tuition at Alfred University is $9,480 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

Average Net Price

$25,377

2021 Value

4.4%

1 Year Growth

In 2021 Alfred University had an average net price — the price paid after factoring in grants and loans — of $25,377. Between 2020 and 2021, the average net price of Alfred University grew by 4.4%.

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.

Other Student Expenses

$12,924

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at Alfred University was of $12,924 in 2021. The cost of room and board increased by 1.62% between 2020 and 2021.

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.

Financial Aid by Income Level

89%

Undergraduates Receiving Financial Aid through Grants

64%

Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Alfred University received financial aid through grants or loans in 2021. This represents a growth of 1.14% with respect to 2020, when 88% 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.

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.

3.35%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Alfred University was 3.35%, which represents 24 out of the 717 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

Alfred University received 6,243 undergraduate applications in 2021, which represents a 46.8% annual growth. Out of those 6,243 applicants, 4,193 students were accepted for enrollment, representing a 67.2% acceptance rate.

There were 1,982 students enrolled at Alfred University in 2021. 27% of first-time enrollees submitted SAT scores with their applications.

Alfred University has an overall enrollment yield of 9.25%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

67.2%

Acceptance Rate in 2021

4,193

Accepted Out of 6,243

In 2021, the undergraduate acceptance rate of Alfred University was 67.2% (4,193 admissions from 6,243 applications). This is higher than the acceptance rate of 2020, which was 64.1%. Between 2020 and 2021, the number of applicants grew by 46.8%, while admissions grew by 53.8%..

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.

SAT Scores

27%

Submission Percentage (2021)

105

Scores Submitted (2021)

27% of enrolled first-time students at Alfred University in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Alfred University had a total enrollment of 1,982 students in 2021. The full-time enrollment at Alfred University is 1,592 students and the part-time enrollment is 390. This means that 80.3% of students enrolled at Alfred University are enrolled full-time.

The enrolled student population at Alfred University, both undergraduate and graduate, is 51.9% White, 9.43% Black or African American, 7.11% Hispanic or Latino, 1.61% Asian, 1.56% Two or More Races, and 0.404% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Alfred University in full-time Undergraduate programs are most commonly White Female (33.3%), followed by White Male (29.2%) and Black or African American Male (6.53%). Students enrolled in full-time Graduate programs are most commonly White Female (24.6%), followed by White Male (14.4%) and Black or African American Male (2.4%).

Full-Time vs Part-Time Enrollment

80.3%

Full-Time Enrollment

The total enrollment at Alfred University in 2021, both undergraduate and graduate, is 1,982 students. The full-time enrollment at Alfred University is 1,592 and the part-time enrollment is 390. This means that 80.3% of students enrolled at Alfred University are enrolled full-time compared with 68.3% 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.

Retention Rate over Time

70%

2021 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 70%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Alfred University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,029 enrolled students
Black or African American
187 enrolled students
Hispanic or Latino
141 enrolled students

The enrolled student population at Alfred University is 51.9% White, 9.43% Black or African American, 7.11% Hispanic or Latino, 1.61% Asian, 1.56% Two or More Races, and 0.404% 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 Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% 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, 431 students (21.7%) did not report their race.

Graduates

In 2021, 107 more women than men received degrees from Alfred University. The most common race/ethnicity group of degree recipients at Alfred University is white (311 degrees awarded). There were 5.18 times more white recipients than the next closest race/ethnicity group, black or african american (60 degrees).

The most common Bachelor's Degree concentration at Alfred University is General Fine Studio Arts (63 degrees awarded), followed by Mechanical Engineering (35 degrees) and General Psychology (31 degrees).

In 2021, 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 (91 degrees), and Public Administration and Social Service (30 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 (1,795,168 people), Other managers (522,458 people), Secondary school teachers (474,146 people), Software developers (436,783 people), and Miscellaneous engineers, including nuclear engineers (342,468 people).

The most specialized majors at Alfred University in 2021 are Visual & Performing Arts (78 degrees awarded), Engineering (91 degrees), Public Administration and Social Service (30 degrees), Psychology (58 degrees), and EDUCATION. (70 degrees) (as of 2021).

Highest Paying Jobs by Major

Podiatrists

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 Podiatrists, Surgeons, Aircraft pilots & flight engineers, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Alfred University are Visual & Performing Arts (78 degrees awarded), Engineering (91 degrees), Public Administration and Social Service (30 degrees), Psychology (58 degrees), and EDUCATION. (70 degrees) (as of 2021).

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 (3,200,601 people), Colleges, universities & professional schools, including junior colleges (624,170 people), Computer Systems Design (560,894 people), Architectural, engineering & related services (463,908 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (413,801 people).

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 (2021)

General Fine Studio Arts
63 degree-majors awarded
Mechanical Engineering
35 degree-majors awarded
General Psychology
31 degree-majors awarded

In 2021, the most common bachelors degree concentration at Alfred University was General Fine Studio Arts with 63 degrees awarded.

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

Sex Breakdown for Common Majors

220

Degrees Awarded to Men

in 2021

327

Degrees Awarded to Women

in 2021

In 2021, 220 degrees were awarded to men at Alfred University, which is 0.673 times less than the number of degrees awarded to females (327).

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

Most Common Male Majors

In 2021, 32 degrees were awarded to men at Alfred University in General Business Administration & Management, which is 1.6 times more than the 20 female recipients with that same degree.

Most Common Female Majors

In 2021, 50 degrees were awarded to men at Alfred University in General Fine Studio Arts, which is 3.85 times more than the 13 male recipients with that same degree.

Time to Complete

43%

100% Completion Time

57%

150% Completion Time

In 2021, 43% of students graduating from Alfred University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 58% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Alfred University is Male and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.9%).

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, 12.5% of graduates (34 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
311 degrees awarded
Black or African American
60 degrees awarded
Hispanic or Latino
39 degrees awarded

The most common race/ethnicity at Alfred University is white (311 degrees awarded). There were 5.18 times more white recipients than the next closest race/ethnicity group, black or african american (60 degrees).

12.1% of degree recipients (66 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
187 degrees awarded
White Male
124 degrees awarded
Black or African American Female
37 degrees awarded

The most common race/ethnicity and sex grouping at Alfred University is white female (187 degrees awarded). There were 1.51 times more white female recipients than the next closest race/ethnicity group, white male (124 degrees).

Operations

Alfred University has an endowment valued at nearly $181M, as of the end of the 2021 fiscal year. The return on its endowment was of 50.8M (28%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Alfred University had a total salary expenditure of 71.2M. Alfred University employs 56 Assistant professors, 55 Professors and 34 Associate professors. Most academics at Alfred University are Male Professor (33), Female Assistant professor (29), and Male Assistant professor (27).

The most common positions for non-instructional staff at Alfred University are: Office and Administrative Support, with 67 employees, Service, with 54 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 45 employees.

Endowment

$181M

2021 Endowment

32.9%

growth from 2020

Alfred University has an endowment valued at about $181M, as of the end of the 2021 fiscal year. The endowment of Alfred University grew 32.9% from the previous year. The value of their endowment was $131M 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: Medium Programs Carnegie Classification grouping.

Salary Expenditure

$26.8M

2021 Salaries

3.27%

decline from 2020

In 2021, Alfred University paid a median of $26.8M in salaries, which represents 37.7% of their overall expenditure ($71.2M) and a 3.27% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$9.88M

Instructional Salaries

150

Number of Employees

In 2021, Alfred University paid a total of $9.88M to 150 employees working as instructors, which represents 36.8% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

56 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

67 Employees

In 2021, the most common positions for instructional staff at Alfred University were Assistant professor with 56 employees, Professor with 55 employees, and Associate professor with 34 employees.

In 2021, the most common positions for non-instructional staff at Alfred University were Office and Administrative Support with 67 employees, Service with 54 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 45 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Assistant professor
Male Assistant professor

In 2021, the most common demographic for instructional staff at Alfred University was Male Professor with 33 employees, Female Assistant professor with 29 employees, and Male Assistant professor with 27 employees.

This chart shows the sex split between each academic rank present at Alfred University.