Alfred University

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2017 Undergraduate Tuition

$27,124

3.89% growth from 2016

2017 Average Net Price

$21,566

After Financial Aid

2016 Student Loan

5.69%

Default Rate

2017 Acceptance Rate

62.7%

3,566 Applicants

2017 Enrolled Students

2,354

75.7% Full-Time

2017 Graduation Rate

53.3%

298 Graduates

About

Alfred University is a higher education institution located in Allegany County, NY. In 2016, the most popular Bachelor's Degree concentrations at Alfred University were General Fine Studio Arts (89 degrees awarded), Mechanical Engineering (37 degrees), and General Psychology (32 degrees).

In 2017, 713 degrees were awarded across all undergraduate and graduate programs at Alfred University. 59.7% of these degrees were awarded to women, and 40.3% awarded men. The majority of degree recipients were white (389 degrees), 3.47 times more than then the next closest race/ethnicity group, unknown (112 degrees).

The median undergraduate tuition at Alfred University is $27,124, which is $6,391 more than the national average for Masters Colleges and Universities ($20,733).

Costs

The median undergraduate tuition at Alfred University is $27,124, which is $6,391 more than the national average for Masters Colleges and Universities ($20,733).

After taking grants and loans into account, the average net price for students is $21,566.

In 2017, 94% of undergraduate students received federal grants, while 76% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$27,124

2017 Undergraduate Tuition

In 2017, the cost of tuition at Alfred University was $27,124. The cost of tuition at Alfred University is $6,391 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

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

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Average Net Price

$21,566

2017 Value

2.31%

1 Year Growth

In 2017 Alfred University had an average net price — the price paid after factoring in grants and loans — of $21,566. Between 2016 and 2017, the average net price of Alfred University grew by 2.31%.

This chart compares the average net price of Alfred University (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

$12,196

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at Alfred University was of $12,196 in 2017. During the same period, the average yearly cost of books and supplies was $1,300. The cost of room and board increased by 1.97% between 2016 and 2017. The cost of books and supplies increased by 4% during the same period.

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

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Financial Aid

Financial Aid by Income Level

94%

Of Undergraduates Receive Grants

76%

Of Undergraduates Receive Federal Loans

94% of undergraduate students at Alfred University received grants or loans in 2017. This represents a decline of 6% with respect to 2016, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Alfred University (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.

5.69%

2016 Default Rate

37

Number of Defaults

In 2016 the default rate for borrower's at Alfred University was 5.69%, which represents 37 out of the 650 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

Alfred University received 3,566 undergraduate applications in 2017, which represents a 8.49% annual decline. Out of those 3,566 applicants, 2,237 students were accepted for enrollment, representing a 62.7% acceptance rate.

There were 2,354 students enrolled at Alfred University in 2017, and 90% of first-time enrollees submitted SAT scores with their applications.

Alfred University has an overall enrollment yield of 18.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

62.7%

Acceptance Rate in 2017

2,237

Accepted Out of 3,566

In 2017, the undergraduate acceptance rate of Alfred University was 62.7% (2,237 admissions from 3,566 applications). This is lower than the acceptance rate of 2016, which was 62.8%. Between 2016 and 2017, the number of applicants declined by -8.49%, while admissions declined by -8.58%.

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

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SAT Scores

90%

Submission Percentage

377

Scores Submitted

90% of enrolled first-time students at Alfred University 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.

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Enrollment

Alfred University has a total enrollment of 2,354 students. The full-time enrollment at Alfred University is 1,783 students and the part-time enrollment is 571. This means that 75.7% of students enrolled at Alfred University are enrolled full-time.

The enrolled student population at Alfred University, both undergraduate and graduate, is 53% White, 14.4% Black or African American, 11% Hispanic or Latino, 2.21% Asian, 2.04% Two or More Races, 0.34% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Alfred University in full-time Undergraduate programs are majority White Male (34.1%), followed by White Female (30.8%) and Black or African American Male (5.63%). Students enrolled in full-time Graduate programs are majority White Female (26.2%), followed by White Male (18%) and Hispanic or Latino Female (8.2%).

Full-Time vs Part-Time Enrollment

75.7%

Full-Time Enrollment

The total enrollment at Alfred University, both undergraduate and graduate, is 2,354 students. The full-time enrollment at Alfred University is 1,783 and the part-time enrollment is 571. This means that 75.7% of students enrolled at Alfred University are enrolled full-time compared with 68.6% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

68%

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 Alfred University was 68%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Alfred University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,248

  2. Black or African American

    338

  3. Hispanic or Latino

    258

The enrolled student population at Alfred University is 53% White, 14.4% Black or African American, 11% Hispanic or Latino, 2.21% Asian, 2.04% Two or More Races, 0.34% 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 Masters Colleges and Universities is 54.4% White, 15% Hispanic or Latino, and 13.2% 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, 336 students (14.3%) did not report their race.

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Graduates

In 2017, 139 more women than men received degrees from Alfred University. The majority of degree recipients at Alfred University are white (389 degrees awarded). There were 3.47 times more white graduates than the next closest race/ethnicity group, unknown (112 degrees).

The most common Bachelor's Degree concentration at Alfred University is General Fine Studio Arts (89 degrees awarded), followed by Mechanical Engineering (37 degrees) and General Psychology (32 degrees).

The most specialized majors across all degree types at Alfred University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (114 degrees awarded), Engineering (106 degrees), and Education (154 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Alfred University are Elementary & middle school teachers (2,063,579 people), Other managers (546,878 people), Software developers (410,551 people), Secondary school teachers (356,582 people), and Postsecondary teachers (343,159 people).

The most specialized majors at Alfred University are Visual & Performing Arts (114 degrees awarded), Engineering (106 degrees), Education (154 degrees), Psychology (65 degrees), and Physical Sciences (13 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The most specialized majors at Alfred University are Visual & Performing Arts (114 degrees awarded), Engineering (106 degrees), Education (154 degrees), Psychology (65 degrees), and Physical Sciences (13 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 Alfred University are Elementary & secondary schools (3,162,393 people), Colleges, universities & professional schools, including junior colleges (708,964 people), Computer Systems Design (558,626 people), Architectural, engineering & related services (470,210 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (419,663 people).

The most specialized majors at Alfred University are Visual & Performing Arts (114 degrees awarded), Engineering (106 degrees), Education (154 degrees), Psychology (65 degrees), and Physical Sciences (13 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 Alfred University.

Most Common

  1. 89 degrees awarded

  2. 37 degrees awarded

  3. 32 degrees awarded

In 2017, the most common bachelors degree concentration at Alfred University was General Fine Studio Arts with 89 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 287

  2. 426

In 2017, 287 degrees were awarded to men at Alfred University, which is 0.674 times less than the number of degrees awarded to females (426).

This chart displays the gender disparity between the top 5 majors at Alfred University by degrees awarded.

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Most Common Male Majors

In 2017, 34 degrees were awarded to men at Alfred University in Mechanical Engineering, which is 8.5 times more than the 4 female recipients with that same degree.

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Most Common Female Majors

In 2017, 82 degrees were awarded to women at Alfred University in School Counseling & Guidance Services, which is 3.28 times more than the 25 male recipients with that same degree.

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Time to Complete

44%

100% Completion Time

60%

150% Completion Time

In 2017, 44% of students graduating from Alfred University 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 60% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Alfred University is Female and Asian (100% graduation rate). Across all Masters Colleges and Universities, 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, 8.72% of graduates (26 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    389 degrees awarded

  2. Unknown

    112 degrees awarded

  3. Black or African American

    88 degrees awarded

The most common race/ethnicity at Alfred University is white (389 degrees awarded). There were 3.47 times more white recipients than the next closest race/ethnicity group, unknown (112 degrees).

15.7% of degree recipients (112 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    220 degrees awarded

  2. White Male

    169 degrees awarded

  3. Black or African American Female

    57 degrees awarded

The most common race/ethnicity and gender grouping at Alfred University is white female (220 degrees awarded). There were 1.3 times more white female recipients than the next closest race/ethnicity group, white male (169 degrees).

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Operations

Alfred University has an endowment valued at nearly $119M, as of the end of the 2017 fiscal year. The return on its endowment was of $14.9M (12.6%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, Alfred University had a total salary expenditure of $69.5M. Alfred University employs 59 Professors, 42 Assistant professors, and 35 Associate professors. Most academics at Alfred University are Male Professors (36), Female Assistant professors(24), and Female Professors (23).

The most common positions for non-instructional staff at Alfred University are: Office and Administrative Support, with 87 employees, Service, with 56 employees, and Management with 40 employees.

Finances

Endowment

$119M

2017 Endowment

12.1%

growth from 2016

Alfred University has an endowment valued at about $119M, as of the end of the 2017 fiscal year. The endowment of Alfred University grew 12.1% from the previous year. The value of their endowment was $85.5M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Alfred University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $4.35M - Federal

  2. $12.5M - State

  3. $0 - Local

As of 2017, Alfred University received $4.35M in grants and contracts from the federal government, $12.5M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$26.2M

2017 Salaries

2.15%

growth from 2016

In 2017, Alfred University paid a median of $26.2M in salaries, which represents 37.7% of their overall expenditure ($69.5M) and a 2.15% growth from the previous year. This is compared to a 0.629% decline from 2015 and a 0.795% growth from 2014.

The median for similar Masters Colleges and Universities is 31.4M (40.5% of overall expenditures).

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Instructional Salaries

$9.32M

Instructional Salaries

144

Number of Employees

In 2017, Alfred University paid a total of $9.32M to 144 employees working as instructors, which represents 35.5% of all salaries paid.

This is compared to a median of $8.02M (34.2%) for similar Masters Colleges & Universities: Medium Programs.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

59 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

87 Employees

In 2017, the most common positions for instructional staff at Alfred University were Professor with 59 employees; Assistant professor with 42 employees; and Assistant professor with 35 employees.

In 2017, the most common positions for non-instructional staff at Alfred University were Office and Administrative Support with 87 employees; Service with 56 employees; and Management with 40 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Assistant professor

  3. Female Professor

In 2017, the most common demographic for instructional staff at Alfred University was Male Professor with 36 employees, Female Assistant professor with 24 employees, and Female Professor with 23 employees.

This chart shows the gender split between each academic rank present at Alfred University.

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