Bennett College

www.bennett.edu

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2023 Undergraduate Tuition

$16,640

4% growth from 2022

2023 Average Net Price

$20,928

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

33.6%

723 Applicants

2023 Enrolled Students

195

96.9% Full-Time

2023 Graduation Rate

20.6%

33 Graduates

About

Bennett College is a higher education institution located in Guilford County, NC. In 2023, the most popular Bachelors Degree concentrations at Bennett College were Other Multidisciplinary Studies (9 degrees awarded), General Biological Sciences (6 degrees), and General Business Administration & Management (6 degrees).

The median undergraduate tuition at Bennett College is $16,640, which is $−12,640 less than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Bennett College was 0%, corresponding to 0 out of the 160 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Bennett College is $16,640, which is $12,640 less than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $20,928.

In 2023, 97% of undergraduate students attending Bennett College received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

In 2023, the cost of tuition at Bennett College was $16,640. The cost of tuition at Bennett College is $−12,640 less than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$20,928

2023 Value

1.86%

1 Year Growth

In 2023 Bennett College had an average net price — the price paid after factoring in grants and loans — of $20,928. Between 2022 and 2023, the average net price of Bennett College grew by 1.86%.

This chart compares the average net price of Bennett 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

$9,100

Room and Board

$422

Books and Supplies

The average yearly cost of room and board at Bennett College was of $9,100 in 2023. The cost of room and board increased by 5.81% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $422. The cost of books and supplies decreased by 69.9% during the same period.

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

Financial Aid by Income Level

97%

Undergraduates Receiving Financial Aid through Grants

72%

Undergraduates Receiving Financial Aid through Loans

97% of undergraduate students at Bennett College received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Bennett 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Bennett College was 0%, which represents 0 out of the 160 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

Bennett College received 723 undergraduate applications in 2023, which represents a 30.6% annual growth. Out of those 723 applicants, 243 students were accepted for enrollment, representing a 33.6% acceptance rate.

There were 195 students enrolled at Bennett College in 2023. 12% of first-time enrollees submitted SAT scores with their applications.

Bennett College has an overall enrollment yield of 20.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

33.6%

Acceptance Rate in 2023

243

Accepted Out of 723

In 2023, the undergraduate acceptance rate of Bennett College was 33.6% (243 admissions from 723 applications). This is lower than the acceptance rate of 2022, which was 44.6%. Between 2022 and 2023, the number of applicants declined by 30.6%, while admissions declined by 47.7%.

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

SAT Scores

12%

Submission Percentage (2023)

Scores Submitted (2023)

12% of enrolled first-time students at Bennett College 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.

Enrollment

Bennett College had a total enrollment of 195 students in 2023. The full-time enrollment at Bennett College is 189 students and the part-time enrollment is 6. This means that 96.9% of students enrolled at Bennett College are enrolled full-time.

The enrolled student population at Bennett College, both undergraduate and graduate, is 52.8% Black or African American, 20% Two or More Races, 2.56% Hispanic or Latino, 0.513% American Indian or Alaska Native, 0.513% Asian, and 0.513% White.

Students enrolled at Bennett College in full-time Undergraduate programs are most commonly Black or African American Female (53%), followed by Two or More Races Female (19.6%) and Hispanic or Latino Female (2.02%).

Full-Time vs Part-Time Enrollment

96.9%

Full-Time Enrollment

The total enrollment at Bennett College in 2023, both undergraduate and graduate, is 195 students. The full-time enrollment at Bennett College is 189 and the part-time enrollment is 6. This means that 96.9% of students enrolled at Bennett College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

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

Retention Rate over Time

90%

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 Bennett College was 90%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Bennett College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Black or African American
103 enrolled students
Two or More Races
39 enrolled students
Hispanic or Latino
5 enrolled students

The enrolled student population at Bennett College is 52.8% Black or African American, 20% Two or More Races, 2.56% Hispanic or Latino, 0.513% American Indian or Alaska Native, 0.513% Asian, and 0.513% White. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 31 students (15.9%) did not report their race.

Graduates

In N/A, N/A N/A women than men received degrees from Bennett College. The most common race/ethnicity group of degree recipients at Bennett College is black or african american (30 degrees awarded).

The most common Bachelor's Degree concentration at Bennett College is Other Multidisciplinary Studies (9 degrees awarded), followed by General Biological Sciences (6 degrees) and General Business Administration & Management (6 degrees).

In 2023, the most specialized majors across all degree types at Bennett College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Interdisciplinary Studies (9 degrees awarded), Public Administration and Social Service (4 degrees), and Biology (6 degrees).

Common Jobs by Major

Physicians

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Bennett College are Physicians (436,231 people), Other managers (316,770 people), Elementary & middle school teachers (203,016 people), Postsecondary teachers (201,098 people), and Social workers, all other (174,719 people).

The most specialized majors at Bennett College in 2023 are Interdisciplinary Studies (9 degrees awarded), Public Administration and Social Service (4 degrees), Biology (6 degrees), Communications (3 degrees), and Math & Statistics (1 degrees) (as of 2023).

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 Bennett College are Surgeons, Cardiovascular technologists and technicians, Physicians, Aircraft pilots & flight engineers, and Nurse anesthetists

The most specialized majors at Bennett College are Interdisciplinary Studies (9 degrees awarded), Public Administration and Social Service (4 degrees), Biology (6 degrees), Communications (3 degrees), and Math & Statistics (1 degrees) (as of 2023).

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 Bennett College are Elementary & secondary schools (842,791 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (760,838 people), Colleges, universities & professional schools, including junior colleges (600,321 people), Outpatient care centers (311,962 people), and Offices of physicians (265,290 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Bennett College.

Most Common (2023)

Other Multidisciplinary Studies
9 degrees awarded
General Biological Sciences
6 degrees awarded
General Business Administration & Management
6 degrees awarded

In 2023, the most common bachelors degree concentration at Bennett College was Other Multidisciplinary Studies with 9 degrees awarded.

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

Time to Complete

14%

100% Completion Time

22%

150% Completion Time

In 2023, 14% of students graduating from Bennett College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 22% completed their degrees within 150% of the normal time, and 22% 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 (28.6%)

The student demographic with the highest graduation rate in 2023 at Bennett College is Female and Two or More Races (28.6% graduation rate). Across all Baccalaureate Colleges, 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.

Race & Ethnicity by Share

Black or African American

Most Common Student Race or Ethnicity (2023)

30 degrees awarded

The most common race/ethnicity at Bennett College is black or african american (30 degrees awarded).

13.9% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Black or African American Female

Most Common Sex Demographic (2023)

30 degrees awarded

The most common race/ethnicity and sex grouping at Bennett College is black or african american female (30 degrees awarded).

Operations

Bennett College has an endowment valued at nearly $15.3M, as of the end of the 2023 fiscal year. The return on its endowment was of 1.87M (12.2%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Bennett College had a total salary expenditure of 13.7M. Bennett College employs 13 Assistant professors, 2 Associate professors. Most academics at Bennett College are Female Assistant professor (11), Male Assistant professor (2), and Female Associate professor (2).

The most common positions for non-instructional staff at Bennett College are: Management, with 22 employees, Service, with 18 employees, and Office and Administrative Support with 18 employees.

Endowment

$15.3M

2023 Endowment

7.53%

growth from 2022

Bennett College has an endowment valued at about $15.3M, as of the end of the 2023 fiscal year. The endowment of Bennett College grew 7.53% from the previous year. The value of their endowment was $36.1M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Bennett 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: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$3.92M

2023 Salaries

9.68%

decline from 2022

In 2023, Bennett College paid a median of $3.92M in salaries, which represents 28.6% of their overall expenditure ($13.7M) and a 9.68% decline from the previous year. This is compared to a 7.93% growth between 2021 and 2022, and a 11.9% decline between 2020 and 2021.

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

Instructional Salaries

$832k

Instructional Salaries

Number of Employees

In 2023, Bennett College paid a total of $832k to 15 employees working as instructors, which represents 21.2% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

13 Employees

Management

Most Common Non-Instructional Employee

22 Employees

In 2023, the most common positions for instructional staff at Bennett College were Assistant professor with 13 employees, and Associate professor with 2 employees.

In 2023, the most common positions for non-instructional staff at Bennett College were Management with 22 employees, Service with 18 employees, and Office and Administrative Support with 18 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Assistant professor
Female Associate professor

In 2023, the most common demographic for instructional staff at Bennett College was Female Assistant professor with 11 employees, Male Assistant professor with 2 employees, and Female Associate professor with 2 employees.

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

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