Alfred University

www.alfred.edu

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2020 Undergraduate Tuition

$31,396

5.94% growth from 2019

2020 Average Net Price

$26,544

After Financial Aid

2018 Student Loan

5.12%

Default Rate

2020 Acceptance Rate

64.1%

4,252 Applicants

2020 Enrolled Students

2,187

76.9% Full-Time

2020 Graduation Rate

60.7%

297 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 (63 degrees awarded), Mechanical Engineering (53 degrees), and General Business Administration & Management (25 degrees).

In 2020, 715 degrees were awarded across all undergraduate and graduate programs at Alfred University. 63.1% of these degrees were awarded to women, and 36.9% awarded men. The most common race/ethnicity group of degree recipients was white (361 degrees), 3.03 times more than then the next closest race/ethnicity group, black or african american (119 degrees).

The median undergraduate tuition at Alfred University is $31,396, which is $8,866 more than the national average for Masters Colleges and Universities ($22,531).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

The median undergraduate tuition at Alfred University is $31,396, which is $8,866 more than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $26,544.

In 2020, 88% of undergraduate students received federal grants, while 69% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$31,396

2020 Undergraduate Tuition

In 2020, the cost of tuition at Alfred University was $31,396. The cost of tuition at Alfred University is $8,866 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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

Average Net Price

$26,544

2020 Value

22.6%

1 Year Growth

In 2020 Alfred University had an average net price — the price paid after factoring in grants and loans — of $26,544. Between 2019 and 2020, the average net price of Alfred University grew by 22.6%.

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.

Other Student Expenses

$12,718

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at Alfred University was of $12,718 in 2020. During the same period, the average yearly cost of books and supplies was $1,300. The cost of room and board increased by 1.61% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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

Financial Aid

Financial Aid by Income Level

88%

Of Undergraduates Receive Grants

69%

Of Undergraduates Receive Federal Loans

88% of undergraduate students at Alfred University received grants or loans in 2020. This represents a decline of 3.3% with respect to 2019, when 91% 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.

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.

5.12%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Alfred University was 5.12%, which represents 39 out of the 761 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

Alfred University received 4,252 undergraduate applications in 2020, which represents a 5.2% annual decline. Out of those 4,252 applicants, 2,726 students were accepted for enrollment, representing a 64.1% acceptance rate.

There were 2,187 students enrolled at Alfred University in 2020, and 89% of first-time enrollees submitted SAT scores with their applications.

Alfred University has an overall enrollment yield of 13.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

64.1%

Acceptance Rate in 2020

2,726

Accepted Out of 4,252

In 2020, the undergraduate acceptance rate of Alfred University was 64.1% (2,726 admissions from 4,252 applications). This is higher than the acceptance rate of 2019, which was 62.5%. Between 2019 and 2020, the number of applicants declined by −5.2%, while admissions declined by −2.68%.

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

SAT Scores

89%

Submission Percentage

320

Scores Submitted

89% of enrolled first-time students at Alfred University in 2020 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

Alfred University has a total enrollment of 2,187 students. The full-time enrollment at Alfred University is 1,681 students and the part-time enrollment is 506. This means that 76.9% of students enrolled at Alfred University are enrolled full-time.

The enrolled student population at Alfred University, both undergraduate and graduate, is 50% White, 12.6% Black or African American, 9.97% Hispanic or Latino, 1.78% Two or More Races, 1.74% Asian, 0.274% Native Hawaiian or Other Pacific Islanders, and 0.0914% American Indian or Alaska Native.

Students enrolled at Alfred University in full-time Undergraduate programs are most commonly White Female (32.5%), followed by White Male (27.7%) and Black or African American Male (6.71%). Students enrolled in full-time Graduate programs are most commonly White Female (26.7%), followed by White Male (23%) and Hispanic or Latino Female (2.48%).

Full-Time vs Part-Time Enrollment

76.9%

Full-Time Enrollment

The total enrollment at Alfred University, both undergraduate and graduate, is 2,187 students. The full-time enrollment at Alfred University is 1,681 and the part-time enrollment is 506. This means that 76.9% of students enrolled at Alfred University are enrolled full-time compared with 68.8% 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.

Retention Rate over Time

67%

2020 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 67%. 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,094
Black or African American
275
Hispanic or Latino
218

The enrolled student population at Alfred University is 50% White, 12.6% Black or African American, 9.97% Hispanic or Latino, 1.78% Two or More Races, 1.74% Asian, 0.274% Native Hawaiian or Other Pacific Islanders, and 0.0914% 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 Masters Colleges and Universities is 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 361 students (16.5%) did not report their race.

Graduates

In 2020, 187 more women than men received degrees from Alfred University. The most common race/ethnicity group of degree recipients at Alfred University is white (361 degrees awarded). There were 3.03 times more white graduates than the next closest race/ethnicity group, black or african american (119 degrees).

The most common Bachelor's Degree concentration at Alfred University is General Fine Studio Arts (63 degrees awarded), followed by Mechanical Engineering (53 degrees) and General Business Administration & Management (25 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 Education (180 degrees awarded), Engineering (110 degrees), and Visual & Performing Arts (83 degrees).

Workforce

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

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 (1,609,489 people), Secondary school teachers (553,816 people), Other managers (509,717 people), Software developers (449,332 people), and Miscellaneous engineers, including nuclear engineers (337,978 people).

The most specialized majors at Alfred University are Education (180 degrees awarded), Engineering (110 degrees), Visual & Performing Arts (83 degrees), Psychology (44 degrees), and Public Administration and Social Service (22 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 Alfred University are Surgeons, Cardiovascular technologists and technicians, Computer hardware engineers, Magnetic resonance imaging technologists, and Diagnostic medical sonographers

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 Alfred University are Elementary & secondary schools (3,172,351 people), Colleges, universities & professional schools, including junior colleges (629,069 people), Computer Systems Design (542,108 people), Architectural, engineering & related services (456,008 people), and Construction (376,716 people).

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

General Fine Studio Arts
63 degree-majorss awarded
Mechanical Engineering
53 degree-majorss awarded
General Business Administration & Management
25 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Alfred University was General Fine Studio Arts with 63 degrees awarded.

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

Sex Breakdown for Common Majors

264

Degrees Awarded to Men

in 2020

451

Degrees Awarded to Women

in 2020

In 2020, 264 degrees were awarded to men at Alfred University, which is 0.585 times less than the number of degrees awarded to females (451).

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

Most Common Male Majors

In 2020, 49 degrees were awarded to men at Alfred University in Mechanical Engineering, which is 8.17 times more than the 6 female recipients with that same degree.

Most Common Female Majors

In 2020, 122 degrees were awarded to women at Alfred University in School Counseling & Guidance Services, which is 4.88 times more than the 25 male recipients with that same degree.

Time to Complete

44%

100% Completion Time

60%

150% Completion Time

In 2020, 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.

Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Alfred University is Male and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).

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, 3.37% of graduates (10 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
361 degrees awarded
Black or African American
119 degrees awarded
Hispanic or Latino
110 degrees awarded

The most common race/ethnicity at Alfred University is white (361 degrees awarded). There were 3.03 times more white recipients than the next closest race/ethnicity group, black or african american (119 degrees).

11.7% of degree recipients (84 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
191 degrees awarded
White Male
170 degrees awarded
Hispanic or Latino Female
86 degrees awarded

The most common race/ethnicity and sex grouping at Alfred University is white female (191 degrees awarded). There were 1.12 times more white female recipients than the next closest race/ethnicity group, white male (170 degrees).

Operations

Alfred University has an endowment valued at nearly $137M, as of the end of the 2020 fiscal year. The return on its endowment was of $1.07M (0.786%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Alfred University had a total salary expenditure of $74.5M. Alfred University employs 55 Professors, 53 Assistant professors, and 33 Associate professors. Most academics at Alfred University are Male Professors (32), Female Assistant professors(27), and Male Assistant professors (26).

The most common positions for non-instructional staff at Alfred University are: Office and Administrative Support, with 73 employees, Service, with 55 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 39 employees.

Finances

Endowment

$137M

2020 Endowment

1.23%

decline from 2019

Alfred University has an endowment valued at about $137M, as of the end of the 2020 fiscal year. The endowment of Alfred University declined 1.23% from the previous year. The value of their endowment was $96.9M 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.

Government Grants and Contracts

Grants & Contracts

$7.27M - Federal
$12.7M - State
$0 - Local

As of 2020, Alfred University received $7.27M in grants and contracts from the federal government, $12.7M from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$27.7M

2020 Salaries

1.07%

growth from 2019

In 2020, Alfred University paid a median of $27.7M in salaries, which represents 37.2% of their overall expenditure ($74.5M) and a 1.07% growth from the previous year. This is compared to a 3.42% growth from 2018 and a 1.15% growth from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

Instructional Salaries

$9.85M

Instructional Salaries

149

Number of Employees

In 2020, Alfred University paid a total of $9.85M to 149 employees working as instructors, which represents 35.5% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

55 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

73 Employees

In 2020, the most common positions for instructional staff at Alfred University were Professor with 55 employees; Assistant professor with 53 employees; and Assistant professor with 33 employees.

In 2020, the most common positions for non-instructional staff at Alfred University were Office and Administrative Support with 73 employees; Service with 55 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 39 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Female Assistant professor
Male Assistant professor

In 2020, the most common demographic for instructional staff at Alfred University was Male Professor with 32 employees, Female Assistant professor with 27 employees, and Male Assistant professor with 26 employees.

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

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