Alfred University

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2023 Undergraduate Tuition
$38,270
5.01% growth from 2022
2023 Average Net Price
$26,127
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
48.3%
7,761 Applicants
2023 Enrolled Students
1,843
86.2% Full-Time
2023 Graduation Rate
55.5%
232 Graduates

About

Alfred University is a higher education institution located in Allegany County, NY. In 2023, the most popular Post-Masters Certificate concentrations at Alfred University were Mental Health Counseling (140 degrees awarded), School Counseling & Guidance Services (7 degrees), and School Psychology (7 degrees).

In 2023, 681 degrees were awarded across all undergraduate and graduate programs at Alfred University. 67.1% of these degrees were awarded to women, and 32.9% awarded men. The most common race/ethnicity group of degree recipients was white (269 degrees), 5.6 times more than then the next closest race/ethnicity group, black or african american (48 degrees).

The median undergraduate tuition at Alfred University is $38,270, which is $13,695 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Alfred University was 0%, corresponding to 0 out of the 726 total borrowers.

Costs

In 2023, the median undergraduate tuition at Alfred University is $38,270, which is $13,695 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $26,127.

In 2023, 93% of undergraduate students attending Alfred University received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$38,270
2023 Undergraduate Tuition

In 2023, the cost of tuition at Alfred University was $38,270. The cost of tuition at Alfred University is $13,695 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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Average Net Price

$26,127
2023 Value
0.214%
1 Year Growth

In 2023 Alfred University had an average net price — the price paid after factoring in grants and loans — of $26,127. Between 2022 and 2023, the average net price of Alfred University grew by 0.214%.

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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

$13,560
Room and Board
$1,300
Books and Supplies

The average yearly cost of room and board at Alfred University was of $13,560 in 2023. The cost of room and board increased by 3.89% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,300. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

93%
Undergraduates Receiving Financial Aid through Grants
67%
Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Alfred University received financial aid through grants or loans in 2023. This represents a growth of 1.09% with respect to 2022, when 92% 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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Alfred University was 0%, which represents 0 out of the 726 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 7,761 undergraduate applications in 2023, which represents a 9.45% annual growth. Out of those 7,761 applicants, 3,751 students were accepted for enrollment, representing a 48.3% acceptance rate.

There were 1,843 students enrolled at Alfred University in 2023. 27% of first-time enrollees submitted SAT scores with their applications.

Alfred University has an overall enrollment yield of 11.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

48.3%
Acceptance Rate in 2023
3,751
Accepted Out of 7,761

In 2023, the undergraduate acceptance rate of Alfred University was 48.3% (3,751 admissions from 7,761 applications). This is lower than the acceptance rate of 2022, which was 50.6%. Between 2022 and 2023, the number of applicants grew by 9.45%, while admissions grew by 4.51%.

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

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SAT Scores

27%
Submission Percentage (2023)
115
Scores Submitted (2023)

27% of enrolled first-time students at Alfred University in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Alfred University had a total enrollment of 1,843 students in 2023. The full-time enrollment at Alfred University is 1,588 students and the part-time enrollment is 255. This means that 86.2% of students enrolled at Alfred University are enrolled full-time.

The enrolled student population at Alfred University, both undergraduate and graduate, is 53.3% White, 9.01% Hispanic or Latino, 8.79% Black or African American, 2.17% Two or More Races, 1.57% Asian, 0.163% American Indian or Alaska Native, and 0.109% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Alfred University in full-time Undergraduate programs are most commonly White Female (33.8%), followed by White Male (29.9%) and Hispanic or Latino Female (6.27%). Students enrolled in full-time Graduate programs are most commonly White Female (16.4%), followed by White Male (10%) and Black or African American Female (1.72%).

Full-Time vs Part-Time Enrollment

86.2%
Full-Time Enrollment

The total enrollment at Alfred University in 2023, both undergraduate and graduate, is 1,843 students. The full-time enrollment at Alfred University is 1,588 and the part-time enrollment is 255. This means that 86.2% of students enrolled at Alfred University are enrolled full-time compared with 68.2% 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

77%
2023 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 77%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Alfred University had a retention rate higher 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 (2023)
  1. White
    983 enrolled students
  2. Hispanic or Latino
    166 enrolled students
  3. Black or African American
    162 enrolled students

The enrolled student population at Alfred University is 53.3% White, 9.01% Hispanic or Latino, 8.79% Black or African American, 2.17% Two or More Races, 1.57% Asian, 0.163% American Indian or Alaska Native, and 0.109% 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 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 330 students (17.9%) did not report their race.

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Graduates

In 2023, 233 more women than men received degrees from Alfred University. The most common race/ethnicity group of degree recipients at Alfred University is white (269 degrees awarded). There were 5.6 times more white recipients than the next closest race/ethnicity group, black or african american (48 degrees).

The most common Post-Masters Certificate concentration at Alfred University is Mental Health Counseling (140 degrees awarded), followed by School Counseling & Guidance Services (7 degrees) and School Psychology (7 degrees).

In 2023,  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 (80 degrees awarded), Education (142 degrees), and Engineering (72 degrees).

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 (1,689,428 people), Secondary school teachers (602,925 people), Other managers (570,023 people), Software developers (520,887 people), and Miscellaneous engineers, including nuclear engineers (368,691 people).

The most specialized majors at Alfred University in 2023 are Visual & Performing Arts (80 degrees awarded), Education (142 degrees), Engineering (72 degrees), History (9 degrees), and Psychology (49 degrees) (as of 2023).

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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 Alfred University are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Alfred University are Visual & Performing Arts (80 degrees awarded), Education (142 degrees), Engineering (72 degrees), History (9 degrees), and Psychology (49 degrees) (as of 2023).

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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 (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Alfred University are Visual & Performing Arts (80 degrees awarded), Education (142 degrees), Engineering (72 degrees), History (9 degrees), and Psychology (49 degrees) (as of 2023).

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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 (2023)
  1. 61 degrees awarded
  2. 30 degrees awarded
  3. 28 degrees awarded

In 2023, the most common bachelors degree concentration at Alfred University was General Fine Studio Arts with 61 degrees awarded.

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

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Sex Breakdown for Common Majors

224
Degrees Awarded to Men
in 2023
457
Degrees Awarded to Women
in 2023

In 2023, 224 degrees were awarded to men at Alfred University, which is 0.49 times less than the number of degrees awarded to females (457).

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

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Most Common Male Majors

In 2023, 30 degrees were awarded to men at Alfred University in Mechanical Engineering, which is 30 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2023, 149 degrees were awarded to men at Alfred University in Mental Health Counseling, which is 5.52 times more than the 27 male recipients with that same degree.

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Time to Complete

46%
100% Completion Time
60%
150% Completion Time

In 2023, 46% 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Alfred University is Female and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 3.02% of graduates (7 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    269 degrees awarded
  2. Black or African American
    48 degrees awarded
  3. Hispanic or Latino
    34 degrees awarded

The most common race/ethnicity at Alfred University is white (269 degrees awarded). There were 5.6 times more white recipients than the next closest race/ethnicity group, black or african american (48 degrees).

40.7% of degree recipients (277 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    158 degrees awarded
  2. White Male
    111 degrees awarded
  3. Black or African American Female
    27 degrees awarded

The most common race/ethnicity and sex grouping at Alfred University is white female (158 degrees awarded). There were 1.42 times more white female recipients than the next closest race/ethnicity group, white male (111 degrees).

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Operations

Alfred University has an endowment valued at nearly $177M, as of the end of the 2023 fiscal year. The return on its endowment was of 17.6M (9.99%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Alfred University had a total salary expenditure of 78.8M. Alfred University employs 68 Assistant professors, 49 Professors and 29 Associate professors. Most academics at Alfred University are Male Assistant professor (37), Female Assistant professor (31), and Male Professor (28).

The most common positions for non-instructional staff at Alfred University are: Office and Administrative Support, with 59 employees, Service, with 55 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 51 employees.

Endowment

$177M
2023 Endowment
8.95%
growth from 2022

Alfred University has an endowment valued at about $177M, as of the end of the 2023 fiscal year. The endowment of Alfred University grew 8.95% from the previous year. The value of their endowment was $127M 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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Salary Expenditure

$29.9M
2023 Salaries
8.92%
growth from 2022

In 2023, Alfred University paid a median of $29.9M in salaries, which represents 37.9% of their overall expenditure ($78.8M) and a 8.92% growth from the previous year. This is compared to a 2.21% growth between 2021 and 2022, and a 3.27% decline between 2020 and 2021.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

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Instructional Salaries

$10.8M
Instructional Salaries
152
Number of Employees

In 2023, Alfred University paid a total of $10.8M to 152 employees working as instructors, which represents 36.3% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

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Occupations by Share

Assistant professor
Most Common Instructor
68 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
59 Employees

In 2023, the most common positions for instructional staff at Alfred University were Assistant professor with 68 employees, Professor with 49 employees, and Associate professor with 29 employees.

In 2023, the most common positions for non-instructional staff at Alfred University were Office and Administrative Support with 59 employees, Service with 55 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 51 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Assistant professor
  2. Female Assistant professor
  3. Male Professor

In 2023, the most common demographic for instructional staff at Alfred University was Male Assistant professor with 37 employees, Female Assistant professor with 31 employees, and Male Professor with 28 employees.

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

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