Reed College

https://www.reed.edu

2024 Undergraduate Tuition

$69,040

3.49% growth from 2023

2024 Average Net Price

$30,953

After Financial Aid

2024 Acceptance Rate

24.6%

9,431 Applicants

2024 Enrolled Students

1,358

97% Full-Time

2024 Graduation Rate

71.5%

258 Graduates

Costs

In 2024, the median undergraduate tuition at Reed College is $69,040, which is $40,862 more than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $30,953.

In 2024, 55% of undergraduate students attending Reed College received financial aid through grants. Comparatively, 40% of undergraduate students received financial aid through loans.

Tuition Costs

$69,040

2024 Undergraduate Tuition

In 2024, the cost of tuition at Reed College was $69,040. The cost of tuition at Reed College is $40,862 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

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

Average Net Price

$30,953

2024 Value

16.3%

1 Year Growth

In 2024 Reed College had an average net price — the price paid after factoring in grants and loans — of $30,953. Between 2023 and 2024, the average net price of Reed College grew by 16.3%.

This chart compares the average net price of Reed 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

$14,755

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Reed College was of $14,755 in 2024. The cost of room and board increased by 5.02% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,050. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

55%

Undergraduates Receiving Financial Aid through Grants

40%

Undergraduates Receiving Financial Aid through Loans

55% of undergraduate students at Reed College received financial aid through grants or loans in 2024. This represents a growth of 3.77% with respect to 2023, when 53% of undergraduate students received financial aid.

This chart compares the average award discount at Reed 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.

Enrollment

Reed College had a total enrollment of 1,358 students in 2024. The full-time enrollment at Reed College is 1,317 students and the part-time enrollment is 41. This means that 97% of students enrolled at Reed College are enrolled full-time.

The enrolled student population at Reed College, both undergraduate and graduate, is 57.4% White, 12.1% Hispanic or Latino, 10.1% Two or More Races, 8.1% Asian, 1.69% Black or African American, and 0.295% American Indian or Alaska Native.

Students enrolled at Reed College in full-time Undergraduate programs are most commonly White Female (32.2%), followed by White Male (26.5%) and Hispanic or Latino Female (8.01%).

Full-Time vs Part-Time Enrollment

97%

Full-Time Enrollment

The total enrollment at Reed College in 2024, both undergraduate and graduate, is 1,358 students. The full-time enrollment at Reed College is 1,317 and the part-time enrollment is 41. This means that 97% of students enrolled at Reed 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 Reed College (in red) compares to similar universities.

Retention Rate over Time

88%

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 Reed College was 88%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Reed College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
779 enrolled students
Hispanic or Latino
164 enrolled students
Two or More Races
137 enrolled students

The enrolled student population at Reed College is 57.4% White, 12.1% Hispanic or Latino, 10.1% Two or More Races, 8.1% Asian, 1.69% Black or African American, and 0.295% 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 Baccalaureate Colleges is 50.5% White, 15.6% Hispanic or Latino, and 13.2% 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, 17 students (1.25%) did not report their race.

Operations

Reed College has an endowment valued at nearly $791M, as of the end of the 2024 fiscal year. The return on its endowment was of 102M (12.9%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Reed College had a total salary expenditure of 119M. Reed College employs 76 Professors, 54 Assistant professors and 34 Associate professors. Most academics at Reed College are Male Professor (46), Female Professor (30), and Female Assistant professor (29).

The most common positions for non-instructional staff at Reed College are: Service, with 77 employees, Office and Administrative Support, with 53 employees, and Business and Financial Operations with 51 employees.

Endowment

$791M

2024 Endowment

9.72%

growth from 2023

Reed College has an endowment valued at about $791M, as of the end of the 2024 fiscal year. The endowment of Reed College grew 9.72% from the previous year. The value of their endowment was $742M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Reed 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

$50.6M

2024 Salaries

0.508%

growth from 2023

In 2024, Reed College paid a median of $50.6M in salaries, which represents 42.5% of their overall expenditure ($119M) and a 0.508% growth from the previous year. This is compared to a 5.8% growth between 2022 and 2023, and a 4.14% growth between 2021 and 2022.

Instructional Salaries

$18.6M

Instructional Salaries

164

Number of Employees

In 2024, Reed College paid a total of $18.6M to 164 employees working as instructors, which represents 36.7% 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 Reed College were Service with 77 employees, Office and Administrative Support with 53 employees, and Business and Financial Operations with 51 employees.

Reed College

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Reed College

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

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

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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