Albion College

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2016 Undergraduate Tuition

$40,570

4.89% growth from 2015

2016 Average Net Price

$20,695

After Financial Aid

2015 Student Loan

3.93%

Default Rate

2016 Acceptance Rate

72.3%

3,338 Applicants

2016 Enrolled Students

1,418

98.2% Full-Time

2016 Graduation Rate

71%

272 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 (41 degrees awarded), General Psychology (34 degrees), and General Business Administration & Management (30 degrees).

In 2016, 310 degrees were awarded across all undergraduate and graduate programs at Albion College. 49.4% of these degrees were awarded to women, and 50.6% awarded men. The majority of degree recipients were white (245 degrees), 22.3 times more than then the next closest race/ethnicity group, black or african american (11 degrees).

The median undergraduate tuition at Albion College is $40,570, which is $16,155 more than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Albion College is $40,570, which is $16,155 more than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $20,695.

In 2016, 99% of undergraduate students received federal grants, while 63% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$40,570

2016 Undergraduate Tuition

In 2016, the cost of tuition at Albion College was $40,570. The cost of tuition at Albion College is $16,155 more than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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

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Average Net Price

$20,695

2016 Value

14.5%

1 Year Growth

In 2016 Albion College had an average net price — the price paid after factoring in grants and loans — of $20,695. Between 2015 and 2016, the average net price of Albion College grew by 14.5%.

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.

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Other Student Expenses

$11,066

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Albion College was of $11,066 in 2016. During the same period, the average yearly cost of books and supplies was $800. The cost of room and board increased by 4.89% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

99%

Of Undergraduates Receive Grants

63%

Of Undergraduates Receive Federal Loans

99% of undergraduate students at Albion College received grants or loans in 2016. This represents a growth of 1.02% with respect to 2015, when 98% 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.

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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.

3.93%

2015 Default Rate

13

Number of Defaults

In 2015 the default rate for borrower's at Albion College was 3.93%, which represents 13 out of the 331 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.

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Admissions

Albion College received 3,338 undergraduate applications in 2016, which represents a 23.5% annual growth. Out of those 3,338 applicants, 2,412 students were accepted for enrollment, representing a 72.3% acceptance rate.

There were 1,418 students enrolled at Albion College in 2016, and 9% of first-time enrollees submitted SAT scores with their applications.

Albion College has an overall enrollment yield of 16.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

72.3%

Acceptance Rate in 2016

2,412

Accepted Out of 3,338

In 2016, the undergraduate acceptance rate of Albion College was 72.3% (2,412 admissions from 3,338 applications). This is lower than the acceptance rate of 2015, which was 79.8%. Between 2015 and 2016, the number of applicants grew by 23.5%, while admissions grew by 11.8%.

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

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SAT Scores

9%

Submission Percentage

38

Scores Submitted

9% of enrolled first-time students at Albion College in 2016 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.

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Enrollment

Albion College has a total enrollment of 1,418 students. The full-time enrollment at Albion College is 1,393 students and the part-time enrollment is 25. This means that 98.2% of students enrolled at Albion College are enrolled full-time.

The enrolled student population at Albion College, both undergraduate and graduate, is 69.5% White, 9.17% Black or African American, 6.63% Hispanic or Latino, 2.68% Asian, 2.47% Two or More Races, 0.282% American Indian or Alaska Native, and 0.0705% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Albion College in full-time Undergraduate programs are majority White Female (36.5%), followed by White Male (33.7%) and Black or African American Male (5.24%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.2%

Full-Time Enrollment

The total enrollment at Albion College, both undergraduate and graduate, is 1,418 students. The full-time enrollment at Albion College is 1,393 and the part-time enrollment is 25. This means that 98.2% of students enrolled at Albion College are enrolled full-time compared with 81% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

82%

2016 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 82%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    985

  2. Black or African American

    130

  3. Hispanic or Latino

    94

The enrolled student population at Albion College is 69.5% White, 9.17% Black or African American, 6.63% Hispanic or Latino, 2.68% Asian, 2.47% Two or More Races, 0.282% American Indian or Alaska Native, and 0.0705% 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 55.6% White, 14% Black or African American, and 12.4% 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, 88 students (6.21%) did not report their race.

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Graduates

In 2016, 4 fewer women than men received degrees from Albion College. The majority of degree recipients at Albion College are white (245 degrees awarded). There were 22.3 times more white graduates than the next closest race/ethnicity group, black or african american (11 degrees).

The most common Bachelor's Degree concentration at Albion College is General Biological Sciences (41 degrees awarded), followed by General Psychology (34 degrees) and General Business Administration & Management (30 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), Biology (49 degrees), and Physical Sciences (15 degrees).

Workforce

Common Jobs by Major

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 & surgeons (462,620 people), Miscellaneous managers (318,111 people), Postsecondary teachers (238,718 people), Elementary & middle school teachers (200,333 people), and Other Physical Scientists (121,839 people).

The most specialized majors at Albion College are Philosophy and Religious Studies (12 degrees awarded), Biology (49 degrees), Physical Sciences (15 degrees), Communications (34 degrees), and Parks, Recreation, & Leisure (15 degrees).

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Highest Paying Jobs by Major

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 Physicians & surgeons, Dentists, Chief executives & legislators, Securities, commodities, & financial services sales agents, and Financial analysts

The most specialized majors at Albion College are Philosophy and Religious Studies (12 degrees awarded), Biology (49 degrees), Physical Sciences (15 degrees), Communications (34 degrees), and Parks, Recreation, & Leisure (15 degrees).

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Common Industries by Major

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 Hospitals (610,135 people), Colleges, universities & professional schools, including junior colleges (492,235 people), Elementary & secondary schools (390,096 people), Offices of physicians (197,834 people), and Scientific research & development services (177,372 people).

The most specialized majors at Albion College are Philosophy and Religious Studies (12 degrees awarded), Biology (49 degrees), Physical Sciences (15 degrees), Communications (34 degrees), and Parks, Recreation, & Leisure (15 degrees).

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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

  1. 41 degrees awarded

  2. 34 degrees awarded

  3. 30 degrees awarded

In 2016, the most common bachelors degree concentration at Albion College was General Biological Sciences with 41 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 157

  2. 153

In 2016, 157 degrees were awarded to men at Albion College, which is 1.03 times more than the number of degrees awarded to females (153).

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

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Most Common Male Majors

In 2016, 19 degrees were awarded to men at Albion College in General Business Administration & Management, which is 1.73 times more than the 11 female recipients with that same degree.

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Most Common Female Majors

In 2016, 28 degrees were awarded to women at Albion College in General Psychology, which is 4.67 times more than the 6 male recipients with that same degree.

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Time to Complete

62%

100% Completion Time

72%

150% Completion Time

In 2016, 62% of students graduating from Albion College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 72% completed their degrees within 150% of the normal time, and 73% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (80%)

The student demographic with the highest graduation rate at Albion College is Male and Asian (80% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

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, 0.368% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    245 degrees awarded

  2. Black or African American

    11 degrees awarded

  3. Two or More Races

    11 degrees awarded

The most common race/ethnicity at Albion College is white (245 degrees awarded). There were 22.3 times more white recipients than the next closest race/ethnicity group, black or african american (11 degrees).

3.55% of degree recipients (11 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    124 degrees awarded

  2. White Female

    121 degrees awarded

  3. Two or More Races Male

    8 degrees awarded

The most common race/ethnicity and gender grouping at Albion College is white male (124 degrees awarded). There were 1.02 times more white male recipients than the next closest race/ethnicity group, white female (121 degrees).

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Operations

Albion College has an endowment valued at nearly $181M, as of the end of the 2015 fiscal year. The return on its endowment was of $1.71M (0.942%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Albion College had a total expenditure of $55M. Of that $55M, they spent $19.8M on salaries and $55M on benefits.

Albion College employs 52 Professors, 32 Assistant professors, and 27 Associate professors. Most academics at Albion College are Male Professors (31), Female Professors(21), and Male 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 64 employees, Management, with 52 employees, and Office and Administrative Support with 52 employees.

Finances

Endowment

$181M

2015 Endowment

3.31%

decline from 2014

Albion College has an endowment valued at about $181M, as of the end of the 2015 fiscal year. The endowment of Albion College declined 3.31% from the previous year. The value of their endowment was $148M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $274k - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Albion College received $274k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$19.8M

Salary Expenditure

$55M

Benefits Expenditure

In 2015, Albion College had a total expenditure of $55M. Of that $55M, they spent $19.8M on salaries and $55M on benefits.

The bar chart shows the share of the primary expenses at Albion College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Albion College as a share of total expenditure.

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Salary Expenditure

$19.8M

2015 Salaries

4.25%

decline from 2014

In 2015, Albion College paid a median of $19.8M in salaries, which represents 36% of their overall expenditure ($55M) and a 4.25% decline from the previous year. This is compared to a 1.34% growth from 2013 and a 3.6% growth from 2012.

The median for similar Baccalaureate Colleges is 13.3M (38.4% of overall expenditures).

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Instructional Salaries

$6.94M

Instructional Salaries

105

Number of Employees

In 2015, Albion College paid a total of $6.94M to 105 employees working as instructors, which represents 35.1% of all salaries paid.

This is compared to a median of $4.52M (34%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

52 Employees

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

Most Common Non-Instructional Employee

64 Employees

In 2016, the most common positions for instructional staff at Albion College were Professor with 52 employees; Assistant professor with 32 employees; and Assistant professor with 27 employees.

In 2016, the most common positions for non-instructional staff at Albion College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 64 employees; Management with 52 employees; and Office and Administrative Support with 52 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Professor

  3. Male Assistant professor

In 2016, the most common demographic for instructional staff at Albion College was Male Professor with 31 employees, Female Professor with 21 employees, and Male Assistant professor with 16 employees.

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

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