Albion College

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2017 Undergraduate Tuition

$42,560

4.91% growth from 2016

2017 Average Net Price

$19,913

After Financial Aid

2016 Student Loan

5.84%

Default Rate

2017 Acceptance Rate

70.6%

3,884 Applicants

2017 Enrolled Students

1,568

99.1% Full-Time

2017 Graduation Rate

56.9%

219 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 Biological Sciences (37 degrees awarded), General Economics (36 degrees), and General Psychology (32 degrees).

In 2017, 340 degrees were awarded across all undergraduate and graduate programs at Albion College. 56.8% of these degrees were awarded to women, and 43.2% awarded men. The majority of degree recipients were white (287 degrees), 19.1 times more than then the next closest race/ethnicity group, hispanic or latino (15 degrees).

The median undergraduate tuition at Albion College is $42,560, which is $17,366 more than the national average for Baccalaureate Colleges ($25,194).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at Albion College is $42,560, which is $17,366 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $19,913.

In 2017, 98% of undergraduate students received federal grants, while 65% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$42,560

2017 Undergraduate Tuition

In 2017, the cost of tuition at Albion College was $42,560. The cost of tuition at Albion College is $17,366 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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

Average Net Price

$19,913

2017 Value

3.78%

1 Year Growth

In 2017 Albion College had an average net price — the price paid after factoring in grants and loans — of $19,913. Between 2016 and 2017, the average net price of Albion College grew by 3.78%.

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

$11,610

Room and Board

$700

Books and Supplies

The average yearly cost of room and board at Albion College was of $11,610 in 2017. During the same period, the average yearly cost of books and supplies was $700. The cost of room and board increased by 4.92% between 2016 and 2017. The cost of books and supplies decreased by 12.5% 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

98%

Of Undergraduates Receive Grants

65%

Of Undergraduates Receive Federal Loans

98% of undergraduate students at Albion College received grants or loans in 2017. This represents a decline of 1.01% with respect to 2016, 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.

5.84%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at Albion College was 5.84%, which represents 18 out of the 308 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 3,884 undergraduate applications in 2017, which represents a 16.4% annual growth. Out of those 3,884 applicants, 2,742 students were accepted for enrollment, representing a 70.6% acceptance rate.

There were 1,568 students enrolled at Albion College in 2017, and 65% of first-time enrollees submitted SAT scores with their applications.

Albion College has an overall enrollment yield of 18.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

70.6%

Acceptance Rate in 2017

2,742

Accepted Out of 3,884

In 2017, the undergraduate acceptance rate of Albion College was 70.6% (2,742 admissions from 3,884 applications). This is lower than the acceptance rate of 2016, which was 72.3%. Between 2016 and 2017, the number of applicants grew by 16.4%, while admissions grew by 13.7%.

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

SAT Scores

65%

Submission Percentage

334

Scores Submitted

65% of enrolled first-time students at Albion College in 2017 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 1,568 students. The full-time enrollment at Albion College is 1,554 students and the part-time enrollment is 14. This means that 99.1% of students enrolled at Albion College are enrolled full-time.

The enrolled student population at Albion College, both undergraduate and graduate, is 64.7% White, 12.7% Black or African American, 9.12% Hispanic or Latino, 2.81% Two or More Races, 2.61% Asian, 0.191% American Indian or Alaska Native, and 0.0638% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Albion College in full-time Undergraduate programs are majority White Female (34.9%), followed by White Male (29.9%) and Black or African American Male (7.01%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

99.1%

Full-Time Enrollment

The total enrollment at Albion College, both undergraduate and graduate, is 1,568 students. The full-time enrollment at Albion College is 1,554 and the part-time enrollment is 14. This means that 99.1% of students enrolled at Albion College are enrolled full-time compared with 80.6% 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

79%

2017 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 79%. 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
1,014
Black or African American
199
Hispanic or Latino
143

The enrolled student population at Albion College is 64.7% White, 12.7% Black or African American, 9.12% Hispanic or Latino, 2.81% Two or More Races, 2.61% Asian, 0.191% American Indian or Alaska Native, and 0.0638% 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 54.9% White, 14% Black or African American, and 12.6% 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, 89 students (5.68%) did not report their race.

Graduates

In 2017, 46 more women than men received degrees from Albion College. The majority of degree recipients at Albion College are white (287 degrees awarded). There were 19.1 times more white graduates than the next closest race/ethnicity group, hispanic or latino (15 degrees).

The most common Bachelor's Degree concentration at Albion College is General Biological Sciences (37 degrees awarded), followed by General Economics (36 degrees) and General Psychology (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 (12 degrees awarded), Language & Linguistics (16 degrees), and Physical Sciences (20 degrees).

Workforce

Common Jobs by Major

Physicians

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 Physicians (478,252 people), Lawyers, & judges, magistrates, & other judicial workers (370,396 people), Other managers (340,168 people), Postsecondary teachers (295,265 people), and Elementary & middle school teachers (268,038 people).

The most specialized majors at Albion College are Philosophy and Religious Studies (12 degrees awarded), Language & Linguistics (16 degrees), Physical Sciences (20 degrees), Social Sciences (61 degrees), and Biology (46 degrees).

Highest Paying Jobs by Major

Nuclear medicine technologists and medical dosimetrists

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 Nuclear medicine technologists and medical dosimetrists, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Physicians

Common Industries by Major

Colleges, universities & professional schools, including junior colleges

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 Colleges, universities & professional schools, including junior colleges (625,204 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (613,232 people), Elementary & secondary schools (506,403 people), Legal services (298,147 people), and Offices of physicians (231,249 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 Biological Sciences
37 degree-majorss awarded
General Economics
36 degree-majorss awarded
General Psychology
32 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Albion College was General Biological Sciences with 37 degree-majorss 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

Degrees Awarded to Men

In 2017, 147 degrees were awarded to men at Albion College, which is 0.762 times less than the number of degrees awarded to females (193).

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

Most Common Male Majors

In 2017, 27 degrees were awarded to men at Albion College in General Economics, which is 3 times more than the 9 female recipients with that same degree.

Most Common Female Majors

In 2017, 27 degrees were awarded to women at Albion College in General Psychology, which is 5.4 times more than the 5 male recipients with that same degree.

Time to Complete

56%

100% Completion Time

65%

150% Completion Time

In 2017, 56% of students graduating from Albion College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 66% 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.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Albion College is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (68.1%).

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, 6.39% of graduates (14 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
287 degrees awarded
Hispanic or Latino
15 degrees awarded
Unknown
13 degrees awarded

The most common race/ethnicity at Albion College is white (287 degrees awarded). There were 19.1 times more white recipients than the next closest race/ethnicity group, hispanic or latino (15 degrees).

3.82% of degree recipients (13 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
161 degrees awarded
White Male
126 degrees awarded
Hispanic or Latino Female
12 degrees awarded

The most common race/ethnicity and gender grouping at Albion College is white female (161 degrees awarded). There were 1.28 times more white female recipients than the next closest race/ethnicity group, white male (126 degrees).

Operations

Albion College has an endowment valued at nearly $177M, as of the end of the 2017 fiscal year. The return on its endowment was of $17.3M (9.77%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Albion College had a total salary expenditure of $57.1M. Albion College employs 57 Professors, 31 Assistant professors, and 21 Associate professors. Most academics at Albion College are Male Professors (32), Female Professors(25), and Female Assistant professors (16).

The most common positions for non-instructional staff at Albion College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 63 employees, Management, with 56 employees, and Office and Administrative Support with 49 employees.

Finances

Endowment

$177M

2017 Endowment

2.18%

growth from 2016

Albion College has an endowment valued at about $177M, as of the end of the 2017 fiscal year. The endowment of Albion College grew 2.18% from the previous year. The value of their endowment was $140M 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

$361k - Federal
$3k - State
$0 - Local

As of 2017, Albion College received $361k in grants and contracts from the federal government, $3k from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$22.6M

2017 Salaries

7.36%

growth from 2016

In 2017, Albion College paid a median of $22.6M in salaries, which represents 39.5% of their overall expenditure ($57.1M) and a 7.36% growth from the previous year. This is compared to a 6.19% growth from 2015 and a 4.25% decline from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

Instructional Salaries

$7.84M

Instructional Salaries

116

Number of Employees

In 2017, Albion College paid a total of $7.84M to 116 employees working as instructors, which represents 34.8% of all salaries paid.

This is compared to a median of $4.89M (34.4%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

57 Employees

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

Most Common Non-Instructional Employee

63 Employees

In 2017, the most common positions for instructional staff at Albion College were Professor with 57 employees; Assistant professor with 31 employees; and Assistant professor with 21 employees.

In 2017, the most common positions for non-instructional staff at Albion College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 63 employees; Management with 56 employees; and Office and Administrative Support with 49 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Professor
Female Professor
Female Assistant professor

In 2017, the most common demographic for instructional staff at Albion College was Male Professor with 32 employees, Female Professor with 25 employees, and Female Assistant professor with 16 employees.

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

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