Averett University

Baccalaureate Colleges

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2017 Undergraduate Tuition

$33,350

4.28% growth from 2016

2017 Average Net Price

$22,592

After Financial Aid

2016 Student Loan

8.3%

Default Rate

2017 Acceptance Rate

61%

2,914 Applicants

2017 Enrolled Students

927

96% Full-Time

2017 Graduation Rate

40.5%

102 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

About

Averett University is a higher education institution located in Danville city, VA. In 2016, the most popular Bachelor's Degree concentrations at Averett University were Pre-Medical Studies (23 degrees awarded), Criminal Justice - Law Enforcement Administration (18 degrees), and Nursing School (14 degrees).

In 2017, 194 degrees were awarded across all undergraduate and graduate programs at Averett University. 63.4% of these degrees were awarded to women, and 36.6% awarded men. The majority of degree recipients were white (123 degrees), 2.67 times more than then the next closest race/ethnicity group, black or african american (46 degrees).

The median undergraduate tuition at Averett University is $33,350, which is $8,156 more than the national average for Baccalaureate Colleges ($25,194).

Photo by Alex Proimos

Baccalaureate Colleges: Diverse FieldsBaccalaureate Colleges

Costs

The median undergraduate tuition at Averett University is $33,350, which is $8,156 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $22,592.

In 2017, 98% of undergraduate students received federal grants, while 76% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$33,350

2017 Undergraduate Tuition

In 2017, the cost of tuition at Averett University was $33,350. The cost of tuition at Averett University is $8,156 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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

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Average Net Price

$22,592

2017 Value

9.28%

1 Year Growth

In 2017 Averett University had an average net price — the price paid after factoring in grants and loans — of $22,592. Between 2016 and 2017, the average net price of Averett University grew by 9.28%.

This chart compares the average net price of Averett 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

$6,740

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Averett University was of $6,740 in 2017. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 2.51% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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

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Financial Aid

Financial Aid by Income Level

98%

Of Undergraduates Receive Grants

76%

Of Undergraduates Receive Federal Loans

98% of undergraduate students at Averett University received grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at Averett 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.

8.3%

2016 Default Rate

57

Number of Defaults

In 2016 the default rate for borrower's at Averett University was 8.3%, which represents 57 out of the 687 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

Averett University received 2,914 undergraduate applications in 2017, which represents a 30.2% annual growth. Out of those 2,914 applicants, 1,778 students were accepted for enrollment, representing a 61% acceptance rate.

There were 927 students enrolled at Averett University in 2017, and 64% of first-time enrollees submitted SAT scores with their applications.

Averett University has an overall enrollment yield of 15.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

61%

Acceptance Rate in 2017

1,778

Accepted Out of 2,914

In 2017, the undergraduate acceptance rate of Averett University was 61% (1,778 admissions from 2,914 applications). This is higher than the acceptance rate of 2016, which was 56.7%. Between 2016 and 2017, the number of applicants grew by 30.2%, while admissions grew by 40.2%.

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

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SAT Scores

64%

Submission Percentage

181

Scores Submitted

64% of enrolled first-time students at Averett 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

Averett University has a total enrollment of 927 students. The full-time enrollment at Averett University is 890 students and the part-time enrollment is 37. This means that 96% of students enrolled at Averett University are enrolled full-time.

The enrolled student population at Averett University, both undergraduate and graduate, is 56.7% White, 28.7% Black or African American, 4.85% Hispanic or Latino, 2.37% Two or More Races, 0.539% Asian, 0.431% American Indian or Alaska Native, and 0.324% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Averett University in full-time Undergraduate programs are majority White Female (29.3%), followed by White Male (26.3%) and Black or African American Male (19.7%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

96%

Full-Time Enrollment

The total enrollment at Averett University, both undergraduate and graduate, is 927 students. The full-time enrollment at Averett University is 890 and the part-time enrollment is 37. This means that 96% of students enrolled at Averett University are enrolled full-time compared with 80.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

62%

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 Averett University was 62%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Averett University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    526

  2. Black or African American

    266

  3. Hispanic or Latino

    45

The enrolled student population at Averett University is 56.7% White, 28.7% Black or African American, 4.85% Hispanic or Latino, 2.37% Two or More Races, 0.539% Asian, 0.431% American Indian or Alaska Native, and 0.324% 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 54.9% White, 14% Black or African American, and 12.6% 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, 1 students (0.108%) did not report their race.

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Graduates

In 2017, 52 more women than men received degrees from Averett University. The majority of degree recipients at Averett University are white (123 degrees awarded). There were 2.67 times more white graduates than the next closest race/ethnicity group, black or african american (46 degrees).

The most common Bachelor's Degree concentration at Averett University is Pre-Medical Studies (23 degrees awarded), followed by Criminal Justice - Law Enforcement Administration (18 degrees) and Nursing School (14 degrees).

The most specialized majors across all degree types at Averett University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Transportation (8 degrees awarded), Parks, Recreation, & Leisure (17 degrees), and Agriculture (7 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 Averett University are Elementary & middle school teachers (197,901 people), Other managers (163,051 people), Police officers (135,321 people), Social workers, all other (121,671 people), and Lawyers, & judges, magistrates, & other judicial workers (82,245 people).

The most specialized majors at Averett University are Transportation (8 degrees awarded), Parks, Recreation, & Leisure (17 degrees), Agriculture (7 degrees), Protective Services (18 degrees), and Psychology (20 degrees).

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Highest Paying Jobs by Major

Personal financial advisors

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Averett University are Personal financial advisors, Surgeons, Dentists, Physicians, and Nurse anesthetists

The most specialized majors at Averett University are Transportation (8 degrees awarded), Parks, Recreation, & Leisure (17 degrees), Agriculture (7 degrees), Protective Services (18 degrees), and Psychology (20 degrees).

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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 Averett University are Elementary & secondary schools (460,408 people), Justice, public order, & safety activities (360,027 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (247,385 people), Colleges, universities & professional schools, including junior colleges (235,531 people), and Outpatient care centers (170,455 people).

The most specialized majors at Averett University are Transportation (8 degrees awarded), Parks, Recreation, & Leisure (17 degrees), Agriculture (7 degrees), Protective Services (18 degrees), and Psychology (20 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 Averett University.

Most Common

  1. Pre-Medical Studies

    23 degrees awarded

  2. Criminal Justice - Law Enforcement Administration

    18 degrees awarded

  3. Nursing School

    14 degrees awarded

In 2017, the most common bachelors degree concentration at Averett University was Pre-Medical Studies with 23 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 71

  2. 123

In 2017, 71 degrees were awarded to men at Averett University, which is 0.577 times less than the number of degrees awarded to females (123).

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

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Most Common Male Majors

In 2017, 14 degrees were awarded to men at Averett University in Criminal Justice - Law Enforcement Administration, which is 3.5 times more than the 4 female recipients with that same degree.

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Most Common Female Majors

In 2017, 18 degrees were awarded to women at Averett University in Pre-Medical Studies, which is 3.6 times more than the 5 male recipients with that same degree.

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Time to Complete

23%

100% Completion Time

34%

150% Completion Time

In 2017, 23% of students graduating from Averett University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 34% completed their degrees within 150% of the normal time, and 35% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (56.9%)

The student demographic with the highest graduation rate at Averett University is Female and White (56.9% graduation rate). Across all Baccalaureate Colleges, 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, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    123 degrees awarded

  2. Black or African American

    46 degrees awarded

  3. Hispanic or Latino

    7 degrees awarded

The most common race/ethnicity at Averett University is white (123 degrees awarded). There were 2.67 times more white recipients than the next closest race/ethnicity group, black or african american (46 degrees).

0.515% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    86 degrees awarded

  2. White Male

    37 degrees awarded

  3. Black or African American Female

    27 degrees awarded

The most common race/ethnicity and gender grouping at Averett University is white female (86 degrees awarded). There were 2.32 times more white female recipients than the next closest race/ethnicity group, white male (37 degrees).

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Operations

Averett University has an endowment valued at nearly $23.5M, as of the end of the 2017 fiscal year. The return on its endowment was of $2.55M (10.8%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Averett University had a total salary expenditure of $25.9M. Averett University employs 21 Assistant professors, 17 Professors, and 14 Associate professors. Most academics at Averett University are Female Assistant professors (14), Male Professors(11), and Male Associate professors (7).

The most common positions for non-instructional staff at Averett University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 29 employees, Management, with 26 employees, and Office and Administrative Support with 19 employees.

Finances

Endowment

$23.5M

2017 Endowment

7.66%

growth from 2016

Averett University has an endowment valued at about $23.5M, as of the end of the 2017 fiscal year. The endowment of Averett University grew 7.66% from the previous year. The value of their endowment was $13.6M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Averett University (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: Diverse Fields Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $248k - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Averett University received $248k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$9.68M

2017 Salaries

1.35%

decline from 2016

In 2017, Averett University paid a median of $9.68M in salaries, which represents 37.4% of their overall expenditure ($25.9M) and a 1.35% decline from the previous year. This is compared to a 0.748% growth from 2015 and a 4.18% decline from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

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Instructional Salaries

$3.12M

Instructional Salaries

57

Number of Employees

In 2017, Averett University paid a total of $3.12M to 57 employees working as instructors, which represents 32.2% of all salaries paid.

This is compared to a median of $3.02M (30.9%) for similar Baccalaureate Colleges: Diverse Fields.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

21 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

29 Employees

In 2017, the most common positions for instructional staff at Averett University were Assistant professor with 21 employees; Professor with 17 employees; and Professor with 14 employees.

In 2017, the most common positions for non-instructional staff at Averett University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees; Management with 26 employees; and Office and Administrative Support with 19 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Assistant professor

  2. Male Professor

  3. Male Associate professor

In 2017, the most common demographic for instructional staff at Averett University was Female Assistant professor with 14 employees, Male Professor with 11 employees, and Male Associate professor with 7 employees.

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

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