Albion College

www.albion.edu

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2019 Undergraduate Tuition

$47,570

5.55% growth from 2018

2019 Average Net Price

$18,532

After Financial Aid

2017 Student Loan

7.81%

Default Rate

2019 Acceptance Rate

68.8%

4,043 Applicants

2019 Enrolled Students

1,475

98.6% Full-Time

2018 Graduation Rate

64.4%

232 Graduates

About

Albion College is a higher education institution located in Calhoun County, MI. In 2016, the most popular Bachelor's Degree concentrations at Albion College were General Economics (37 degrees awarded), General Biological Sciences (36 degrees), and Kinesiology & Exercise Science (32 degrees).

In 2019, 371 degrees were awarded across all undergraduate and graduate programs at Albion College. 58.5% of these degrees were awarded to women, and 41.5% awarded men. The most common race/ethnicity group of degree recipients was white (275 degrees), 11.5 times more than then the next closest race/ethnicity group, hispanic or latino (24 degrees).

The median undergraduate tuition at Albion College is $47,570, which is $20,290 more than the national average for Baccalaureate Colleges ($27,280).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at Albion College is $47,570, which is $20,290 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $18,532.

In 2019, 99% of undergraduate students received federal grants, while 67% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$47,570

2019 Undergraduate Tuition

In 2019, the cost of tuition at Albion College was $47,570. The cost of tuition at Albion College is $20,290 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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

Average Net Price

$18,532

2019 Value

4.92%

1 Year Growth

In 2019 Albion College had an average net price — the price paid after factoring in grants and loans — of $18,532. Between 2018 and 2019, the average net price of Albion College grew by 4.92%.

This chart compares the average net price of Albion 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

$12,380

Room and Board

$700

Books and Supplies

The average yearly cost of room and board at Albion College was of $12,380 in 2019. During the same period, the average yearly cost of books and supplies was $700. The cost of room and board increased by 1.39% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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

Financial Aid

Financial Aid by Income Level

99%

Of Undergraduates Receive Grants

67%

Of Undergraduates Receive Federal Loans

99% of undergraduate students at Albion College received grants or loans in 2019. This represents a growth of 0% with respect to 2018, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Albion 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.

7.81%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Albion College was 7.81%, which represents 25 out of the 320 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

Albion College received 4,043 undergraduate applications in 2019, which represents a 4.33% annual decline. Out of those 4,043 applicants, 2,780 students were accepted for enrollment, representing a 68.8% acceptance rate.

There were 1,475 students enrolled at Albion College in 2019, and 76% of first-time enrollees submitted SAT scores with their applications.

Albion College has an overall enrollment yield of 14.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

68.8%

Acceptance Rate in 2019

2,780

Accepted Out of 4,043

In 2019, the undergraduate acceptance rate of Albion College was 68.8% (2,780 admissions from 4,043 applications). This is higher than the acceptance rate of 2018, which was 68.2%. Between 2018 and 2019, the number of applicants declined by −4.33%, while admissions declined by −3.61%.

This chart compares the acceptance rate of Albion College (in red) with that of other similar universities.

SAT Scores

76%

Submission Percentage

315

Scores Submitted

76% of enrolled first-time students at Albion College in 2019 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

Albion College has a total enrollment of 1,475 students. The full-time enrollment at Albion College is 1,455 students and the part-time enrollment is 20. This means that 98.6% of students enrolled at Albion College are enrolled full-time.

The enrolled student population at Albion College, both undergraduate and graduate, is 58.2% White, 15.8% Black or African American, 11.9% Hispanic or Latino, 3.39% Two or More Races, 1.76% Asian, 0.271% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Albion College in full-time Undergraduate programs are most commonly White Female (32.2%), followed by White Male (26.5%) and Black or African American Male (8.59%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.6%

Full-Time Enrollment

The total enrollment at Albion College, both undergraduate and graduate, is 1,475 students. The full-time enrollment at Albion College is 1,455 and the part-time enrollment is 20. This means that 98.6% of students enrolled at Albion College are enrolled full-time compared with 81.1% at similar Baccalaureate Colleges.

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

Retention Rate over Time

80%

2019 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 Albion College was 80%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Albion College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
859
Black or African American
233
Hispanic or Latino
176

The enrolled student population at Albion College is 58.2% White, 15.8% Black or African American, 11.9% Hispanic or Latino, 3.39% Two or More Races, 1.76% Asian, 0.271% American Indian or Alaska Native, and 0% 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 55% White, 14% Black or African American, and 13.1% Hispanic or Latino.

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, 99 students (6.71%) did not report their race.

Graduates

In 2019, 63 more women than men received degrees from Albion College. The most common race/ethnicity group of degree recipients at Albion College is white (275 degrees awarded). There were 11.5 times more white graduates than the next closest race/ethnicity group, hispanic or latino (24 degrees).

The most common Bachelor's Degree concentration at Albion College is General Economics (37 degrees awarded), followed by General Biological Sciences (36 degrees) and Kinesiology & Exercise Science (32 degrees).

The most specialized majors across all degree types at Albion College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (14 degrees awarded), Parks, Recreation, & Leisure (32 degrees), and Social Sciences (80 degrees).

Workforce

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Albion College are Lawyers, & judges, magistrates, & other judicial workers (399,558 people), Other managers (298,992 people), Elementary & middle school teachers (224,033 people), Postsecondary teachers (207,455 people), and Secondary school teachers (159,627 people).

The most specialized majors at Albion College are Philosophy and Religious Studies (14 degrees awarded), Parks, Recreation, & Leisure (32 degrees), Social Sciences (80 degrees), Language & Linguistics (13 degrees), and English (17 degrees).

Highest Paying Jobs by Major

Securities, commodities, & financial services sales agents

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Albion College are Securities, commodities, & financial services sales agents, Dentists, Surgeons, Cardiovascular technologists and technicians, and Nuclear medicine technologists and medical dosimetrists

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 Albion College are Elementary & secondary schools (585,573 people), Colleges, universities & professional schools, including junior colleges (435,166 people), Legal services (317,134 people), Computer Systems Design (223,956 people), and Justice, public order, & safety activities (208,858 people).

Degrees

Majors Awarded

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

Most Common

General Economics
37 degree-majorss awarded
General Biological Sciences
36 degree-majorss awarded
Kinesiology & Exercise Science
32 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Albion College was General Economics with 37 degrees awarded.

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

Gender Breakdown for Common Majors

154

Degrees Awarded to Men

in 2019

217

Degrees Awarded to Women

in 2019

In 2019, 154 degrees were awarded to men at Albion College, which is 0.71 times less than the number of degrees awarded to females (217).

This chart displays the gender disparity between the top 5 majors at Albion College by degrees awarded.

Most Common Male Majors

In 2019, 32 degrees were awarded to men at Albion College in General Economics, which is 6.4 times more than the 5 female recipients with that same degree.

Most Common Female Majors

In 2019, 29 degrees were awarded to women at Albion College in General Biological Sciences, which is 4.14 times more than the 7 male recipients with that same degree.

Time to Complete

46%

100% Completion Time

57%

150% Completion Time

In 2019, 46% of students graduating from Albion College 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 59% 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.

Diversity

Graduation Rate by Race and Gender

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 at Albion College is Male and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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, 2.16% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
275 degrees awarded
Hispanic or Latino
24 degrees awarded
Unknown
19 degrees awarded

The most common race/ethnicity at Albion College is white (275 degrees awarded). There were 11.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (24 degrees).

5.12% of degree recipients (19 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
160 degrees awarded
White Male
115 degrees awarded
Hispanic or Latino Female
16 degrees awarded

The most common race/ethnicity and gender grouping at Albion College is white female (160 degrees awarded). There were 1.39 times more white female recipients than the next closest race/ethnicity group, white male (115 degrees).

Operations

Albion College has an endowment valued at nearly $170M, as of the end of the 2019 fiscal year. The return on its endowment was of $6.15M (3.62%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Albion College had a total salary expenditure of $63.8M. Albion College employs 56 Professors, 35 Assistant professors, and 21 Associate professors. Most academics at Albion College are Male Professors (31), Female Professors(25), and Female Assistant professors (21).

The most common positions for non-instructional staff at Albion College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 56 employees, Management, with 53 employees, and Office and Administrative Support with 44 employees.

Finances

Endowment

$170M

2019 Endowment

2.41%

decline from 2018

Albion College has an endowment valued at about $170M, as of the end of the 2019 fiscal year. The endowment of Albion College declined 2.41% from the previous year. The value of their endowment was $129M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Albion 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.

Government Grants and Contracts

Grants & Contracts

$457k - Federal
$50.9k - State
$0 - Local

As of 2019, Albion College received $457k in grants and contracts from the federal government, $50.9k from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$23.5M

2019 Salaries

0.709%

decline from 2018

In 2019, Albion College paid a median of $23.5M in salaries, which represents 36.8% of their overall expenditure ($63.8M) and a 0.709% decline from the previous year. This is compared to a 4.88% growth from 2017 and a 7.36% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

Instructional Salaries

$7.81M

Instructional Salaries

115

Number of Employees

In 2019, Albion College paid a total of $7.81M to 115 employees working as instructors, which represents 33.2% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

56 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

56 Employees

In 2019, the most common positions for instructional staff at Albion College were Professor with 56 employees; Assistant professor with 35 employees; and Assistant professor with 21 employees.

In 2019, the most common positions for non-instructional staff at Albion College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 56 employees; Management with 53 employees; and Office and Administrative Support with 44 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Professor
Female Professor
Female Assistant professor

In 2019, the most common demographic for instructional staff at Albion College was Male Professor with 31 employees, Female Professor with 25 employees, and Female Assistant professor with 21 employees.

This chart shows the gender split between each academic rank present at Albion College.

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