Meredith College

www.meredith.edu

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2023 Undergraduate Tuition

$43,816

3% growth from 2022

2023 Average Net Price

$23,405

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

74.7%

1,563 Applicants

2023 Enrolled Students

1,576

86.7% Full-Time

2023 Graduation Rate

65%

256 Graduates

About

Meredith College is a higher education institution located in Wake County, NC. In 2023, the most popular Bachelors Degree concentrations at Meredith College were General Biological Sciences (42 degrees awarded), General Psychology (39 degrees), and Interior Design (25 degrees).

In 2023, 535 degrees were awarded across all undergraduate and graduate programs at Meredith College. 97.4% of these degrees were awarded to women, and 2.62% awarded men. The most common race/ethnicity group of degree recipients was white (344 degrees), 5.55 times more than then the next closest race/ethnicity group, hispanic or latino (62 degrees).

The median undergraduate tuition at Meredith College is $43,816, which is $14,536 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Meredith College was 0%, corresponding to 0 out of the 518 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Meredith College is $43,816, which is $14,536 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $23,405.

In 2023, 96% of undergraduate students attending Meredith College received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Tuition Costs

$43,816

2023 Undergraduate Tuition

In 2023, the cost of tuition at Meredith College was $43,816. The cost of tuition at Meredith College is $14,536 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$23,405

2023 Value

0.628%

1 Year Growth

In 2023 Meredith College had an average net price — the price paid after factoring in grants and loans — of $23,405. Between 2022 and 2023, the average net price of Meredith College grew by 0.628%.

This chart compares the average net price of Meredith 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

$12,544

Room and Board

$850

Books and Supplies

The average yearly cost of room and board at Meredith College was of $12,544 in 2023. The cost of room and board increased by 3.5% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $850. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

55%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Meredith College received financial aid through grants or loans in 2023. This represents a decline of 1.03% with respect to 2022, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Meredith 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 Meredith College was 0%, which represents 0 out of the 518 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

Meredith College received 1,563 undergraduate applications in 2023, which represents a 11.9% annual growth. Out of those 1,563 applicants, 1,167 students were accepted for enrollment, representing a 74.7% acceptance rate.

There were 1,576 students enrolled at Meredith College in 2023. 12% of first-time enrollees submitted SAT scores with their applications.

Meredith College has an overall enrollment yield of 27.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.7%

Acceptance Rate in 2023

1,167

Accepted Out of 1,563

In 2023, the undergraduate acceptance rate of Meredith College was 74.7% (1,167 admissions from 1,563 applications). This is higher than the acceptance rate of 2022, which was 73.2%. Between 2022 and 2023, the number of applicants declined by 11.9%, while admissions declined by 10.2%.

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

SAT Scores

12%

Submission Percentage (2023)

Scores Submitted (2023)

12% of enrolled first-time students at Meredith College in 2023 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

Meredith College had a total enrollment of 1,576 students in 2023. The full-time enrollment at Meredith College is 1,366 students and the part-time enrollment is 210. This means that 86.7% of students enrolled at Meredith College are enrolled full-time.

The enrolled student population at Meredith College, both undergraduate and graduate, is 62.1% White, 15% Hispanic or Latino, 9.52% Black or African American, 4.82% Asian, 3.36% Two or More Races, 0.254% American Indian or Alaska Native, and 0.127% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Meredith College in full-time Undergraduate programs are most commonly White Female (63.3%), followed by Hispanic or Latino Female (15.2%) and Black or African American Female (9.32%). Students enrolled in full-time Graduate programs are most commonly White Female (53.3%), followed by Black or African American Female (14.1%) and Hispanic or Latino Female (6.61%).

Full-Time vs Part-Time Enrollment

86.7%

Full-Time Enrollment

The total enrollment at Meredith College in 2023, both undergraduate and graduate, is 1,576 students. The full-time enrollment at Meredith College is 1,366 and the part-time enrollment is 210. This means that 86.7% of students enrolled at Meredith College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

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

Retention Rate over Time

81%

2023 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 Meredith College was 81%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Meredith College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
979 enrolled students
Hispanic or Latino
237 enrolled students
Black or African American
150 enrolled students

The enrolled student population at Meredith College is 62.1% White, 15% Hispanic or Latino, 9.52% Black or African American, 4.82% Asian, 3.36% Two or More Races, 0.254% American Indian or Alaska Native, and 0.127% 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 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 32 students (2.03%) did not report their race.

Graduates

In 2023, 507 more women than men received degrees from Meredith College. The most common race/ethnicity group of degree recipients at Meredith College is white (344 degrees awarded). There were 5.55 times more white recipients than the next closest race/ethnicity group, hispanic or latino (62 degrees).

The most common Bachelor's Degree concentration at Meredith College is General Biological Sciences (42 degrees awarded), followed by General Psychology (39 degrees) and Interior Design (25 degrees).

In 2023, the most specialized majors across all degree types at Meredith College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Human Sciences (57 degrees awarded), Visual & Performing Arts (57 degrees), and Legal (22 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 Meredith College are Elementary & middle school teachers (147,028 people), Other managers (137,934 people), Postsecondary teachers (127,285 people), Secondary school teachers (113,841 people), and Graphic designers (94,955 people).

The most specialized majors at Meredith College in 2023 are Human Sciences (57 degrees awarded), Visual & Performing Arts (57 degrees), Legal (22 degrees), Math & Statistics (16 degrees), and Philosophy and Religious Studies (6 degrees) (as of 2023).

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 Meredith College are Surgeons, Physicians, Securities, commodities, & financial services sales agents, Chief executives & legislators, and Dentists

The most specialized majors at Meredith College are Human Sciences (57 degrees awarded), Visual & Performing Arts (57 degrees), Legal (22 degrees), Math & Statistics (16 degrees), and Philosophy and Religious Studies (6 degrees) (as of 2023).

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 Meredith College are Elementary & secondary schools (719,636 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (660,432 people), Colleges, universities & professional schools, including junior colleges (540,719 people), Outpatient care centers (258,260 people), and Offices of physicians (242,751 people).

Majors Awarded

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

Most Common (2023)

General Biological Sciences
42 degrees awarded
General Psychology
39 degrees awarded
Interior Design
25 degrees awarded

In 2023, the most common bachelors degree concentration at Meredith College was General Biological Sciences with 42 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

521

Degrees Awarded to Women

in 2023

In 2023, 14 degrees were awarded to men at Meredith College, which is 0.0269 times less than the number of degrees awarded to females (521).

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

Most Common Male Majors

In 2023, 3 degrees were awarded to men at Meredith College in Other Health Preparatory Programs, which is 0.188 times less than the 16 female recipients with that same degree.

Most Common Female Majors

In 2023, 42 degrees were awarded to women at Meredith College in General Biological Sciences. There were no male recipients with the same degree.

Time to Complete

64%

100% Completion Time

68%

150% Completion Time

In 2023, 64% of students graduating from Meredith College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 69% 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.

Hispanic or Latino Female

Highest Graduation Rate (76.7%)

The student demographic with the highest graduation rate in 2023 at Meredith College is Female and Hispanic or Latino (76.7% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 4.69% of graduates (12 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
344 degrees awarded
Hispanic or Latino
62 degrees awarded
Black or African American
49 degrees awarded

The most common race/ethnicity at Meredith College is white (344 degrees awarded). There were 5.55 times more white recipients than the next closest race/ethnicity group, hispanic or latino (62 degrees).

4.67% of degree recipients (25 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
335 degrees awarded
Hispanic or Latino Female
60 degrees awarded
Black or African American Female
46 degrees awarded

The most common race/ethnicity and sex grouping at Meredith College is white female (335 degrees awarded). There were 5.58 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (60 degrees).

Operations

Meredith College has an endowment valued at nearly $130M, as of the end of the 2023 fiscal year. The return on its endowment was of 10.8M (8.3%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Meredith College had a total salary expenditure of 56.9M. Meredith College employs 42 Professors, 42 Assistant professors and 29 Associate professors. Most academics at Meredith College are Female Assistant professor (30), Female Professor (28), and Female Associate professor (20).

The most common positions for non-instructional staff at Meredith College are: Office and Administrative Support, with 53 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 45 employees, and Service with 40 employees.

Endowment

$130M

2023 Endowment

4.32%

growth from 2022

Meredith College has an endowment valued at about $130M, as of the end of the 2023 fiscal year. The endowment of Meredith College grew 4.32% from the previous year. The value of their endowment was $78.7M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Meredith 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

$23.6M

2023 Salaries

2.02%

decline from 2022

In 2023, Meredith College paid a median of $23.6M in salaries, which represents 41.5% of their overall expenditure ($56.9M) and a 2.02% decline from the previous year. This is compared to a 1.75% decline between 2021 and 2022, and a 2.3% decline between 2020 and 2021.

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

Instructional Salaries

$8.18M

Instructional Salaries

118

Number of Employees

In 2023, Meredith College paid a total of $8.18M to 118 employees working as instructors, which represents 34.7% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

42 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

53 Employees

In 2023, the most common positions for instructional staff at Meredith College were Professor with 42 employees, Assistant professor with 42 employees, and Associate professor with 29 employees.

In 2023, the most common positions for non-instructional staff at Meredith College were Office and Administrative Support with 53 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 45 employees, and Service with 40 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Female Professor
Female Associate professor

In 2023, the most common demographic for instructional staff at Meredith College was Female Assistant professor with 30 employees, Female Professor with 28 employees, and Female Associate professor with 20 employees.

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

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