Albright College

www.albright.edu

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2019 Undergraduate Tuition

$24,500

44.6% growth from 2018

2019 Average Net Price

$20,064

After Financial Aid

2017 Student Loan

8.1%

Default Rate

2019 Acceptance Rate

85.2%

5,278 Applicants

2019 Enrolled Students

1,758

97.7% Full-Time

2018 Graduation Rate

51.5%

211 Graduates

About

Albright College is a higher education institution located in Berks County, PA. In 2016, the most popular Bachelor's Degree concentrations at Albright College were General Business Administration & Management (51 degrees awarded), General Business (48 degrees), and Industrial & Organizational Psychology (35 degrees).

In 2019, 407 degrees were awarded across all undergraduate and graduate programs at Albright College. 62.4% of these degrees were awarded to women, and 37.6% awarded men. The most common race/ethnicity group of degree recipients was white (216 degrees), 3.04 times more than then the next closest race/ethnicity group, unknown (71 degrees).

The median undergraduate tuition at Albright College is $24,500, which is $-2,780 less than the national average for Baccalaureate Colleges ($27,280).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at Albright College is $24,500, which is $-2,780 less than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $20,064.

In 2019, 93% of undergraduate students received federal grants, while 87% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$24,500

2019 Undergraduate Tuition

In 2019, the cost of tuition at Albright College was $24,500. The cost of tuition at Albright College is $-2,780 less than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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

Average Net Price

$20,064

2019 Value

15.6%

1 Year Growth

In 2019 Albright College had an average net price — the price paid after factoring in grants and loans — of $20,064. Between 2018 and 2019, the average net price of Albright College grew by 15.6%.

This chart compares the average net price of Albright 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

$12,070

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Albright College was of $12,070 in 2019. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 4% 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 Albright College (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

93%

Of Undergraduates Receive Grants

87%

Of Undergraduates Receive Federal Loans

93% of undergraduate students at Albright College received grants or loans in 2019. This represents a growth of 1.09% with respect to 2018, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at Albright 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.

8.1%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Albright College was 8.1%, which represents 55 out of the 679 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

Albright College received 5,278 undergraduate applications in 2019, which represents a 21.9% annual decline. Out of those 5,278 applicants, 4,495 students were accepted for enrollment, representing a 85.2% acceptance rate.

There were 1,758 students enrolled at Albright College in 2019, and N/A% of first-time enrollees submitted SAT scores with their applications.

Albright College has an overall enrollment yield of 9.14%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

85.2%

Acceptance Rate in 2019

4,495

Accepted Out of 5,278

In 2019, the undergraduate acceptance rate of Albright College was 85.2% (4,495 admissions from 5,278 applications). This is higher than the acceptance rate of 2018, which was 62%. Between 2018 and 2019, the number of applicants declined by -21.9%, while admissions grew by 7.33%.

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

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Albright 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

Albright College has a total enrollment of 1,758 students. The full-time enrollment at Albright College is 1,717 students and the part-time enrollment is 41. This means that 97.7% of students enrolled at Albright College are enrolled full-time.

The enrolled student population at Albright College, both undergraduate and graduate, is 49.7% White, 23.3% Black or African American, 15.7% Hispanic or Latino, 3.53% Two or More Races, 2.5% Asian, 0.569% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Albright College in full-time Undergraduate programs are most commonly White Female (29.1%), followed by White Male (19.9%) and Black or African American Female (13.8%). Students enrolled in full-time Graduate programs are most commonly White Female (50%), followed by Black or African American Female (12.5%) and White Male (12.5%).

Full-Time vs Part-Time Enrollment

97.7%

Full-Time Enrollment

The total enrollment at Albright College, both undergraduate and graduate, is 1,758 students. The full-time enrollment at Albright College is 1,717 and the part-time enrollment is 41. This means that 97.7% of students enrolled at Albright 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 Albright College (in red) compares to similar universities.

Retention Rate over Time

69%

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 Albright College was 69%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Albright College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
873
Black or African American
410
Hispanic or Latino
276

The enrolled student population at Albright College is 49.7% White, 23.3% Black or African American, 15.7% Hispanic or Latino, 3.53% Two or More Races, 2.5% Asian, 0.569% 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, 49 students (2.79%) did not report their race.

Graduates

In 2019, 101 more women than men received degrees from Albright College. The most common race/ethnicity group of degree recipients at Albright College is white (216 degrees awarded). There were 3.04 times more white graduates than the next closest race/ethnicity group, unknown (71 degrees).

The most common Bachelor's Degree concentration at Albright College is General Business Administration & Management (51 degrees awarded), followed by General Business (48 degrees) and Industrial & Organizational Psychology (35 degrees).

The most specialized majors across all degree types at Albright College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are History (15 degrees awarded), Visual & Performing Arts (59 degrees), and Psychology (58 degrees).

Workforce

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Albright College are Other managers (231,835 people), Elementary & middle school teachers (227,321 people), Lawyers, & judges, magistrates, & other judicial workers (181,512 people), Postsecondary teachers (171,582 people), and Secondary school teachers (131,997 people).

The most specialized majors at Albright College are History (15 degrees awarded), Visual & Performing Arts (59 degrees), Psychology (58 degrees), Philosophy and Religious Studies (4 degrees), and Natural Resources & Conservation (7 degrees).

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 Albright College are Surgeons, Securities, commodities, & financial services sales agents, Agents & business managers of artists, performers, & athletes, Computer hardware engineers, and Physicians

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 Albright College are Elementary & secondary schools (643,794 people), Colleges, universities & professional schools, including junior colleges (391,248 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (226,746 people), Outpatient care centers (159,956 people), and Computer Systems Design (158,858 people).

Degrees

Majors Awarded

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

Most Common

General Business Administration & Management
51 degree-majorss awarded
General Business
48 degree-majorss awarded
Industrial & Organizational Psychology
35 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Albright College was General Business Administration & Management with 51 degrees awarded.

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

Gender Breakdown for Common Majors

153

Degrees Awarded to Men

in 2019

254

Degrees Awarded to Women

in 2019

In 2019, 153 degrees were awarded to men at Albright College, which is 0.602 times less than the number of degrees awarded to females (254).

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

Most Common Male Majors

In 2019, 28 degrees were awarded to men at Albright College in General Business Administration & Management, which is 1.22 times more than the 23 female recipients with that same degree.

Most Common Female Majors

In 2019, 28 degrees were awarded to women at Albright College in Industrial & Organizational Psychology, which is 4 times more than the 7 male recipients with that same degree.

Time to Complete

44%

100% Completion Time

53%

150% Completion Time

In 2019, 44% of students graduating from Albright College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 53% completed their degrees within 150% of the normal time, and 54% 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.

White Female

Highest Graduation Rate (68.2%)

The student demographic with the highest graduation rate at Albright College is Female and White (68.2% 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, 3.32% of graduates (7 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
216 degrees awarded
Unknown
71 degrees awarded
Black or African American
66 degrees awarded

The most common race/ethnicity at Albright College is white (216 degrees awarded). There were 3.04 times more white recipients than the next closest race/ethnicity group, unknown (71 degrees).

17.4% of degree recipients (71 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
136 degrees awarded
White Male
80 degrees awarded
Black or African American Female
44 degrees awarded

The most common race/ethnicity and gender grouping at Albright College is white female (136 degrees awarded). There were 1.7 times more white female recipients than the next closest race/ethnicity group, white male (80 degrees).

Operations

Albright College has an endowment valued at nearly $69.4M, as of the end of the 2019 fiscal year. The return on its endowment was of $907k (1.31%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Albright College had a total salary expenditure of $50.4M. Albright College employs 37 Associate professors, 33 Assistant professors, and 23 Professors. Most academics at Albright College are Male Associate professors (21), Female Assistant professors(18), and Female Associate professors (16).

The most common positions for non-instructional staff at Albright College are: Service, with 46 employees, Management, with 34 employees, and Office and Administrative Support with 33 employees.

Finances

Endowment

$69.4M

2019 Endowment

0.041%

growth from 2018

Albright College has an endowment valued at about $69.4M, as of the end of the 2019 fiscal year. The endowment of Albright College grew 0.041% from the previous year. The value of their endowment was $28.6M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Albright 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

$1.01M - Federal
$444k - State
$245k - Local

As of 2019, Albright College received $1.01M in grants and contracts from the federal government, $444k from state grants and contracts, and $245k from local grants and contracts.

Expenses

Salary Expenditure

$18.9M

2019 Salaries

5.72%

decline from 2018

In 2019, Albright College paid a median of $18.9M in salaries, which represents 37.4% of their overall expenditure ($50.4M) and a 5.72% decline from the previous year. This is compared to a 3.08% decline from 2017 and a 1.23% growth from 2016.

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

Instructional Salaries

$7.25M

Instructional Salaries

108

Number of Employees

In 2019, Albright College paid a total of $7.25M to 108 employees working as instructors, which represents 38.4% 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

Associate professor

Most Common Instructor

37 Employees

Service

Most Common Non-Instructional Employee

46 Employees

In 2019, the most common positions for instructional staff at Albright College were Associate professor with 37 employees; Assistant professor with 33 employees; and Assistant professor with 23 employees.

In 2019, the most common positions for non-instructional staff at Albright College were Service with 46 employees; Management with 34 employees; and Office and Administrative Support with 33 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Associate professor
Female Assistant professor
Female Associate professor

In 2019, the most common demographic for instructional staff at Albright College was Male Associate professor with 21 employees, Female Assistant professor with 18 employees, and Female Associate professor with 16 employees.

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

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