Albright College

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2022 Undergraduate Tuition

$27,020

2% growth from 2021

2022 Average Net Price

$21,496

After Financial Aid

2019 Default Rate

2.76%

on Student Loans

2022 Acceptance Rate

84.9%

5,578 Applicants

2022 Enrolled Students

1,498

85.5% Full-Time

2022 Graduation Rate

48.3%

288 Graduates

About

Albright College is a higher education institution located in Berks County, PA. In 2022, the most popular Bachelors Degree concentrations at Albright College were General Business Administration & Management (61 degrees awarded), Accounting (37 degrees), and General Business (35 degrees).

In 2022, 475 degrees were awarded across all undergraduate and graduate programs at Albright College. 63.4% of these degrees were awarded to women, and 36.6% awarded men. The most common race/ethnicity group of degree recipients was white (272 degrees), 3.06 times more than then the next closest race/ethnicity group, black or african american (89 degrees).

The median undergraduate tuition at Albright College is $27,020, which is $−1,310 less than the national average for Baccalaureate Colleges ($28,330).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Albright College is $27,020, which is $−1,310 less than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $21,496.

In 2022, 96% of undergraduate students attending Albright College received financial aid through grants. Comparatively, 82% of undergraduate students received financial aid through loans.

Tuition Costs

$27,020

2022 Undergraduate Tuition

In 2022, the cost of tuition at Albright College was $27,020. The cost of tuition at Albright College is $−1,310 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$21,496

2022 Value

2.93%

1 Year Growth

In 2022 Albright College had an average net price — the price paid after factoring in grants and loans — of $21,496. Between 2021 and 2022, the average net price of Albright College grew by 2.93%.

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

$13,176

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at Albright College was of $13,176 in 2022. The cost of room and board increased by 2.22% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,300. The cost of books and supplies increased by 30% during the same period.

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

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

82%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Albright College received financial aid through grants or loans in 2022. This represents a growth of 7.87% with respect to 2021, when 89% 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.

2.76%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Albright College was 2.76%, which represents 20 out of the 724 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 5,578 undergraduate applications in 2022, which represents a 3.63% annual growth. Out of those 5,578 applicants, 4,734 students were accepted for enrollment, representing a 84.9% acceptance rate.

There were 1,498 students enrolled at Albright College in 2022.

Albright College has an overall enrollment yield of 8.47%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

84.9%

Acceptance Rate in 2022

4,734

Accepted Out of 5,578

In 2022, the undergraduate acceptance rate of Albright College was 84.9% (4,734 admissions from 5,578 applications). This is higher than the acceptance rate of 2021, which was 76.3%. Between 2021 and 2022, the number of applicants grew by 3.63%, while admissions grew by 7.18%..

This chart compares the acceptance rate of Albright College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Albright College had a total enrollment of 1,498 students in 2022. The full-time enrollment at Albright College is 1,281 students and the part-time enrollment is 217. This means that 85.5% of students enrolled at Albright College are enrolled full-time.

The enrolled student population at Albright College, both undergraduate and graduate, is 47.6% White, 23.7% Black or African American, 16.5% Hispanic or Latino, 5.41% Two or More Races, 1.8% Asian, and 0.2% American Indian or Alaska Native.

Students enrolled at Albright College in full-time Undergraduate programs are most commonly White Female (24%), followed by White Male (19.2%) and Black or African American Female (14.2%). Students enrolled in full-time Graduate programs are most commonly White Female (52.9%), followed by White Male (15.7%) and Black or African American Female (7.14%).

Full-Time vs Part-Time Enrollment

85.5%

Full-Time Enrollment

The total enrollment at Albright College in 2022, both undergraduate and graduate, is 1,498 students. The full-time enrollment at Albright College is 1,281 and the part-time enrollment is 217. This means that 85.5% of students enrolled at Albright College are enrolled full-time compared with 79.6% 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

64%

2022 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 64%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), 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 (2022)

White
713 enrolled students
Black or African American
355 enrolled students
Hispanic or Latino
247 enrolled students

The enrolled student population at Albright College is 47.6% White, 23.7% Black or African American, 16.5% Hispanic or Latino, 5.41% Two or More Races, 1.8% Asian, and 0.2% 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 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 60 students (4.01%) did not report their race.

Graduates

In 2022, 127 more women than men received degrees from Albright College. The most common race/ethnicity group of degree recipients at Albright College is white (272 degrees awarded). There were 3.06 times more white recipients than the next closest race/ethnicity group, black or african american (89 degrees).

The most common Bachelor's Degree concentration at Albright College is General Business Administration & Management (61 degrees awarded), followed by Accounting (37 degrees) and General Business (35 degrees).

In 2022, 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 Psychology (83 degrees awarded), Visual & Performing Arts (49 degrees), and Social Sciences (59 degrees).

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 Albright College are Lawyers, & judges, magistrates, & other judicial workers (482,518 people), Other managers (423,838 people), Elementary & middle school teachers (367,732 people), Postsecondary teachers (255,035 people), and Secondary school teachers (186,260 people).

The most specialized majors at Albright College in 2022 are Psychology (83 degrees awarded), Visual & Performing Arts (49 degrees), Social Sciences (59 degrees), History (9 degrees), and Language & Linguistics (8 degrees) (as of 2022).

Highest Paying Jobs by Major

Diagnostic medical sonographers

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 Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Albright College are Psychology (83 degrees awarded), Visual & Performing Arts (49 degrees), Social Sciences (59 degrees), History (9 degrees), and Language & Linguistics (8 degrees) (as of 2022).

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 (952,066 people), Colleges, universities & professional schools, including junior colleges (591,396 people), Legal services (397,223 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (353,863 people), and Computer Systems Design (326,899 people).

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 (2022)

General Business Administration & Management
61 degrees awarded
Accounting
37 degrees awarded
General Business
35 degrees awarded

In 2022, the most common bachelors degree concentration at Albright College was General Business Administration & Management with 61 degrees awarded.

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

Sex Breakdown for Common Majors

174

Degrees Awarded to Men

in 2022

301

Degrees Awarded to Women

in 2022

In 2022, 174 degrees were awarded to men at Albright College, which is 0.578 times less than the number of degrees awarded to females (301).

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

Most Common Male Majors

In 2022, 38 degrees were awarded to men at Albright College in General Business Administration & Management, which is 1.65 times more than the 23 female recipients with that same degree.

Most Common Female Majors

In 2022, 29 degrees were awarded to men at Albright College in General Psychology, which is 9.67 times more than the 3 male recipients with that same degree.

Time to Complete

53%

100% Completion Time

60%

150% Completion Time

In 2022, 53% of students graduating from Albright College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 61% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (80%)

The student demographic with the highest graduation rate in 2022 at Albright College is Female and Two or More Races (80% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 1.39% of graduates (4 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
272 degrees awarded
Black or African American
89 degrees awarded
Hispanic or Latino
82 degrees awarded

The most common race/ethnicity at Albright College is white (272 degrees awarded). There were 3.06 times more white recipients than the next closest race/ethnicity group, black or african american (89 degrees).

0.421% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
171 degrees awarded
White Male
101 degrees awarded
Black or African American Female
54 degrees awarded

The most common race/ethnicity and sex grouping at Albright College is white female (171 degrees awarded). There were 1.69 times more white female recipients than the next closest race/ethnicity group, white male (101 degrees).

Operations

Albright College has an endowment valued at nearly $63.7M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−3.96%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Albright College had a total salary expenditure of 57.7M. Albright College employs 39 Associate professors, 35 Assistant professors and 24 Professors. Most academics at Albright College are Male Associate professor (22), Female Assistant professor (20), and Female Associate professor (17).

The most common positions for non-instructional staff at Albright College are: Service, with 40 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 34 employees, and Business and Financial Operations with 33 employees.

Endowment

$63.7M

2022 Endowment

23.1%

decline from 2021

Albright College has an endowment valued at about $63.7M, as of the end of the 2022 fiscal year. The endowment of Albright College declined 23.1% from the previous year. The value of their endowment was $14.4M 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

$10.8M - Federal
$890k - State
$110k - Local

As of 2022, Albright College received $10.8M in grants and contracts from the federal government, $890k from state grants and contracts, and $110k from local grants and contracts.

Salary Expenditure

$22.1M

2022 Salaries

11.1%

growth from 2021

In 2022, Albright College paid a median of $22.1M in salaries, which represents 38.3% of their overall expenditure ($57.7M) and a 11.1% growth from the previous year.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$7.72M

Instructional Salaries

114

Number of Employees

In 2022, Albright College paid a total of $7.72M to 114 employees working as instructors, which represents 34.9% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

39 Employees

Service

Most Common Non-Instructional Employee

40 Employees

In 2022, the most common positions for instructional staff at Albright College were Associate professor with 39 employees, Assistant professor with 35 employees, and Professor with 24 employees.

In 2022, the most common positions for non-instructional staff at Albright College were Service with 40 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 34 employees, and Business and Financial Operations with 33 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Associate professor
Female Assistant professor
Female Associate professor

In 2022, the most common demographic for instructional staff at Albright College was Male Associate professor with 22 employees, Female Assistant professor with 20 employees, and Female Associate professor with 17 employees.

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

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