Carleton College

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2020 Undergraduate Tuition
$58,968
3.86% growth from 2019
2020 Average Net Price
$30,843
After Financial Aid
2018 Student Loan
0.847%
Default Rate
2020 Acceptance Rate
21.2%
6,892 Applicants
2020 Enrolled Students
1,940
98.9% Full-Time
2020 Graduation Rate
93.8%
483 Graduates

About

Carleton College is a higher education institution located in Rice County, MN. In 2016, the most popular Bachelor's Degree concentrations at Carleton College were Computer Science (71 degrees awarded), General Biological Sciences (61 degrees), and International Relations & Affairs (48 degrees).

In 2020, 614 degrees were awarded across all undergraduate and graduate programs at Carleton College. 46.7% of these degrees were awarded to women, and 53.3% awarded men. The most common race/ethnicity group of degree recipients was white (368 degrees), 7.51 times more than then the next closest race/ethnicity group, hispanic or latino (49 degrees).

The median undergraduate tuition at Carleton College is $58,968, which is $30,568 more than the national average for Baccalaureate Colleges ($28,400).

About the photo: Skinner Memorial Chapel - Carleton College - Northfield, Minnesota

Costs

The median undergraduate tuition at Carleton College is $58,968, which is $30,568 more than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $30,843.

In 2020, 61% of undergraduate students attending Carleton College received financial aid through grants. Comparatively, 42% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$58,968
2020 Undergraduate Tuition

In 2020, the cost of tuition at Carleton College was $58,968. The cost of tuition at Carleton College is $30,568 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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

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Average Net Price

$30,843
2020 Value
2.23%
1 Year Growth

In 2020 Carleton College had an average net price — the price paid after factoring in grants and loans — of $30,843. Between 2019 and 2020, the average net price of Carleton College grew by 2.23%.

This chart compares the average net price of Carleton 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.

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Other Student Expenses

$14,658
Room and Board
$866
Books and Supplies

The average yearly cost of room and board at Carleton College was of $14,658 in 2020. During the same period, the average yearly cost of books and supplies was $866. The cost of room and board increased by 4.07% between 2019 and 2020. The cost of books and supplies increased by 1.52% during the same period.

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

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Financial Aid

Financial Aid by Income Level

61%
Undergraduates Receiving Financial Aid through Grants
42%
Undergraduates Receiving Financial Aid through Loans

61% of undergraduate students at Carleton College received financial aid through grants or loans in 2020. This represents a growth of 0% with respect to 2019, when 61% of undergraduate students received financial aid.

This chart compares the average award discount at Carleton 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.

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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.
0.847%
2018 Default Rate
2
Number of Defaults

In 2018 the default rate for borrower's at Carleton College was 0.847%, which represents 2 out of the 236 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

Carleton College received 6,892 undergraduate applications in 2020, which represents a 5.9% annual decline. Out of those 6,892 applicants, 1,460 students were accepted for enrollment, representing a 21.2% acceptance rate.

There were 1,940 students enrolled at Carleton College in 2020, and 52% of first-time enrollees submitted SAT scores with their applications.

Carleton College has an overall enrollment yield of 31%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

21.2%
Acceptance Rate in 2020
1,460
Accepted Out of 6,892

In 2020, the undergraduate acceptance rate of Carleton College was 21.2% (1,460 admissions from 6,892 applications). This is higher than the acceptance rate of 2019, which was 19.1%. Between 2019 and 2020, the number of applicants declined by −5.9%, while admissions grew by 4.21%.

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

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SAT Scores

52%
Submission Percentage
226
Scores Submitted

52% of enrolled first-time students at Carleton College 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.

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Enrollment

Carleton College has a total enrollment of 1,940 students. The full-time enrollment at Carleton College is 1,918 students and the part-time enrollment is 22. This means that 98.9% of students enrolled at Carleton College are enrolled full-time.

The enrolled student population at Carleton College, both undergraduate and graduate, is 55.5% White, 9.79% Asian, 8.92% Hispanic or Latino, 7.73% Two or More Races, 5.82% Black or African American, 0.0515% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Carleton College in full-time Undergraduate programs are most commonly White Female (27.9%), followed by White Male (27.7%) and Asian Female (5.21%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.9%
Full-Time Enrollment

The total enrollment at Carleton College, both undergraduate and graduate, is 1,940 students. The full-time enrollment at Carleton College is 1,918 and the part-time enrollment is 22. This means that 98.9% of students enrolled at Carleton College are enrolled full-time compared with 80.1% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

94%
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 Carleton College was 94%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Carleton College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,077
  2. Asian
    190
  3. Hispanic or Latino
    173

The enrolled student population at Carleton College is 55.5% White, 9.79% Asian, 8.92% Hispanic or Latino, 7.73% Two or More Races, 5.82% Black or African American, 0.0515% 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 Baccalaureate Colleges is 54.8% White, 13.8% Black or African American, and 13.4% 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, 40 students (2.06%) did not report their race.

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Graduates

In 2020, 40 fewer women than men received degrees from Carleton College. The most common race/ethnicity group of degree recipients at Carleton College is white (368 degrees awarded). There were 7.51 times more white graduates than the next closest race/ethnicity group, hispanic or latino (49 degrees).

The most common Bachelor's Degree concentration at Carleton College is Computer Science (71 degrees awarded), followed by General Biological Sciences (61 degrees) and International Relations & Affairs (48 degrees).

The most specialized majors across all degree types at Carleton College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Cultural & Gender Studies (23 degrees awarded), Math & Statistics (68 degrees), and Philosophy and Religious Studies (20 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Carleton College are Postsecondary teachers (175,214 people), Lawyers, & judges, magistrates, & other judicial workers (145,835 people), Other managers (136,308 people), Elementary & middle school teachers (136,285 people), and Secondary school teachers (97,724 people).

The most specialized majors at Carleton College are Cultural & Gender Studies (23 degrees awarded), Math & Statistics (68 degrees), Philosophy and Religious Studies (20 degrees), Physical Sciences (58 degrees), and History (25 degrees).

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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 Carleton College are Surgeons, Securities, commodities, & financial services sales agents, Physicians, Clinical and counseling psychologists, and Aerospace engineers

The most specialized majors at Carleton College are Cultural & Gender Studies (23 degrees awarded), Math & Statistics (68 degrees), Philosophy and Religious Studies (20 degrees), Physical Sciences (58 degrees), and History (25 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Carleton College are Colleges, universities & professional schools, including junior colleges (308,663 people), Elementary & secondary schools (306,222 people), Computer Systems Design (147,416 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (118,092 people), and Legal services (112,883 people).

The most specialized majors at Carleton College are Cultural & Gender Studies (23 degrees awarded), Math & Statistics (68 degrees), Philosophy and Religious Studies (20 degrees), Physical Sciences (58 degrees), and History (25 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 Carleton College.
Most Common
  1. 71 degree-majorss awarded
  2. 61 degree-majorss awarded
  3. 48 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Carleton College was Computer Science with 71 degrees awarded.

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

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Sex Breakdown for Common Majors

327
Degrees Awarded to Men
in 2020
287
Degrees Awarded to Women
in 2020

In 2020, 327 degrees were awarded to men at Carleton College, which is 1.14 times more than the number of degrees awarded to females (287).

This chart displays the sex disparity between the top 5 majors at Carleton College by degrees awarded.

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Most Common Male Majors

In 2020, 49 degrees were awarded to men at Carleton College in Computer Science, which is 2.23 times more than the 22 female recipients with that same degree.

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Most Common Female Majors

In 2020, 31 degrees were awarded to women at Carleton College in General Biological Sciences, which is 1.03 times more than the 30 male recipients with that same degree.

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Time to Complete

88%
100% Completion Time
93%
150% Completion Time

In 2020, 88% of students graduating from Carleton College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 93% completed their degrees within 150% of the normal time, and 93% 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 Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Carleton College is Female and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, 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, 0.828% of graduates (4 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    368 degrees awarded
  2. Hispanic or Latino
    49 degrees awarded
  3. Asian
    48 degrees awarded

The most common race/ethnicity at Carleton College is white (368 degrees awarded). There were 7.51 times more white recipients than the next closest race/ethnicity group, hispanic or latino (49 degrees).

1.63% of degree recipients (10 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Male
    200 degrees awarded
  2. White Female
    168 degrees awarded
  3. Asian Male
    30 degrees awarded

The most common race/ethnicity and sex grouping at Carleton College is white male (200 degrees awarded). There were 1.19 times more white male recipients than the next closest race/ethnicity group, white female (168 degrees).

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Operations

Carleton College has an endowment valued at nearly $869M, as of the end of the 2020 fiscal year. The return on its endowment was of $−NaNM (−1.2%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Carleton College had a total salary expenditure of $144M. Carleton College employs 97 Professors, 54 Assistant professors, and 52 Associate professors. Most academics at Carleton College are Male Professors (51), Female Professors(46), and Female Assistant professors (29).

The most common positions for non-instructional staff at Carleton College are: Service, with 73 employees, Management, with 60 employees, and Office and Administrative Support with 55 employees.

Finances

Endowment

$869M
2020 Endowment
2.65%
decline from 2019

Carleton College has an endowment valued at about $869M, as of the end of the 2020 fiscal year. The endowment of Carleton College declined 2.65% from the previous year. The value of their endowment was $829M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Carleton 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: Arts & Sciences Focus Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $4.95M - Federal
  2. $468k - State
  3. $0 - Local

As of 2020, Carleton College received $4.95M in grants and contracts from the federal government, $468k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$61.2M
2020 Salaries
3.52%
growth from 2019

In 2020, Carleton College paid a median of $61.2M in salaries, which represents 42.4% of their overall expenditure ($144M) and a 3.52% growth from the previous year. This is compared to a 1.79% growth from 2018 and a 3.5% growth from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

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Instructional Salaries

$25.2M
Instructional Salaries
221
Number of Employees

In 2020, Carleton College paid a total of $25.2M to 221 employees working as instructors, which represents 41.2% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
97 Employees
Service
Most Common Non-Instructional Employee
73 Employees

In 2020, the most common positions for instructional staff at Carleton College were Professor with 97 employees; Assistant professor with 54 employees; and Assistant professor with 52 employees.

In 2020, the most common positions for non-instructional staff at Carleton College were Service with 73 employees; Management with 60 employees; and Office and Administrative Support with 55 employees.

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Instructors by Academic Rank and Sex

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

In 2020, the most common demographic for instructional staff at Carleton College was Male Professor with 51 employees, Female Professor with 46 employees, and Female Assistant professor with 29 employees.

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

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