Carroll University

www.carrollu.edu

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2023 Undergraduate Tuition

$36,400

2.94% growth from 2022

2023 Average Net Price

$25,171

After Financial Aid

2021 Default Rate

on Student Loans

2023 Acceptance Rate

58.4%

5,972 Applicants

2023 Enrolled Students

3,176

90% Full-Time

2023 Graduation Rate

69.6%

499 Graduates

About

Carroll University is a higher education institution located in Waukesha County, WI. In 2023, the most popular Bachelors Degree concentrations at Carroll University were Registered Nursing (128 degrees awarded), Kinesiology & Exercise Science (105 degrees), and General Psychology (64 degrees).

In 2023, 975 degrees were awarded across all undergraduate and graduate programs at Carroll University. 71.4% of these degrees were awarded to women, and 28.6% awarded men. The most common race/ethnicity group of degree recipients was white (799 degrees), 14.3 times more than then the next closest race/ethnicity group, hispanic or latino (56 degrees).

The median undergraduate tuition at Carroll University is $36,400, which is $11,825 more than the national average for Masters Colleges and Universities ($24,575).

In 2021 the default rate for borrower's at Carroll University was 0%, corresponding to 0 out of the 837 total borrowers.

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Carroll University is $36,400, which is $11,825 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 $25,171.

In 2023, 95% of undergraduate students attending Carroll University received financial aid through grants. Comparatively, 61% of undergraduate students received financial aid through loans.

Tuition Costs

$36,400

2023 Undergraduate Tuition

In 2023, the cost of tuition at Carroll University was $36,400. The cost of tuition at Carroll University is $11,825 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$25,171

2023 Value

1.23%

1 Year Growth

In 2023 Carroll University had an average net price — the price paid after factoring in grants and loans — of $25,171. Between 2022 and 2023, the average net price of Carroll University grew by 1.23%.

This chart compares the average net price of Carroll 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

$9,558

Room and Board

$1,210

Books and Supplies

The average yearly cost of room and board at Carroll University was of $9,558 in 2023. The cost of room and board increased by 1.53% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,210. The cost of books and supplies increased by 5.77% during the same period.

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

Financial Aid by Income Level

95%

Undergraduates Receiving Financial Aid through Grants

61%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Carroll University received financial aid through grants or loans in 2023. This represents a decline of 3.06% with respect to 2022, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at Carroll 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.

2021 Default Rate

Number of Defaults

In 2021 the default rate for borrower's at Carroll University was 0%, which represents 0 out of the 837 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

Carroll University received 5,972 undergraduate applications in 2023, which represents a 26.3% annual growth. Out of those 5,972 applicants, 3,488 students were accepted for enrollment, representing a 58.4% acceptance rate.

There were 3,176 students enrolled at Carroll University in 2023. 6% of first-time enrollees submitted SAT scores with their applications.

Carroll University has an overall enrollment yield of 17.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

58.4%

Acceptance Rate in 2023

3,488

Accepted Out of 5,972

In 2023, the undergraduate acceptance rate of Carroll University was 58.4% (3,488 admissions from 5,972 applications). This is lower than the acceptance rate of 2022, which was 72.1%. Between 2022 and 2023, the number of applicants grew by 26.3%, while admissions grew by 2.26%.

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

SAT Scores

Submission Percentage (2023)

Scores Submitted (2023)

6% of enrolled first-time students at Carroll 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.

Enrollment

Carroll University had a total enrollment of 3,176 students in 2023. The full-time enrollment at Carroll University is 2,857 students and the part-time enrollment is 319. This means that 90% of students enrolled at Carroll University are enrolled full-time.

The enrolled student population at Carroll University, both undergraduate and graduate, is 68.7% White, 10.6% Hispanic or Latino, 2.9% Asian, 2.87% Two or More Races, 2.83% Black or African American, 0.126% American Indian or Alaska Native, and 0.0945% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Carroll University in full-time Undergraduate programs are most commonly White Female (51.2%), followed by White Male (22%) and Hispanic or Latino Female (7.1%). Students enrolled in full-time Graduate programs are most commonly White Female (50.6%), followed by White Male (17%) and Hispanic or Latino Female (3.3%).

Full-Time vs Part-Time Enrollment

90%

Full-Time Enrollment

The total enrollment at Carroll University in 2023, both undergraduate and graduate, is 3,176 students. The full-time enrollment at Carroll University is 2,857 and the part-time enrollment is 319. This means that 90% of students enrolled at Carroll 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 Carroll University (in red) compares to similar universities.

Retention Rate over Time

79%

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 Carroll University was 79%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Carroll University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
2,183 enrolled students
Hispanic or Latino
338 enrolled students
Asian
92 enrolled students

The enrolled student population at Carroll University is 68.7% White, 10.6% Hispanic or Latino, 2.9% Asian, 2.87% Two or More Races, 2.83% Black or African American, 0.126% American Indian or Alaska Native, and 0.0945% 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, 281 students (8.85%) did not report their race.

Graduates

In 2023, 417 more women than men received degrees from Carroll University. The most common race/ethnicity group of degree recipients at Carroll University is white (799 degrees awarded). There were 14.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (56 degrees).

The most common Bachelor's Degree concentration at Carroll University is Registered Nursing (128 degrees awarded), followed by Kinesiology & Exercise Science (105 degrees) and General Psychology (64 degrees).

In 2023, the most specialized majors across all degree types at Carroll University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (125 degrees awarded), Communication Technologies (18 degrees), and Language & Linguistics (13 degrees).

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 Carroll University are Elementary & middle school teachers (1,542,842 people), Secondary school teachers (551,106 people), Physicians (419,020 people), Education administrators (279,088 people), and Postsecondary teachers (223,031 people).

The most specialized majors at Carroll University in 2023 are Parks, Recreation, & Leisure (125 degrees awarded), Communication Technologies (18 degrees), Language & Linguistics (13 degrees), Biology (78 degrees), and Education (108 degrees) (as of 2023).

Highest Paying Jobs by Major

Agents & business managers of artists, performers, & athletes

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Carroll University are Agents & business managers of artists, performers, & athletes, Nuclear medicine technologists and medical dosimetrists, Surgeons, Tool & die makers, and Securities, commodities, & financial services sales agents

The most specialized majors at Carroll University are Parks, Recreation, & Leisure (125 degrees awarded), Communication Technologies (18 degrees), Language & Linguistics (13 degrees), Biology (78 degrees), and Education (108 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 Carroll University are Elementary & secondary schools (2,879,551 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (612,363 people), Colleges, universities & professional schools, including junior colleges (520,550 people), uninformed (423,914 people), and Offices of physicians (224,357 people).

Majors Awarded

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

Most Common (2023)

Registered Nursing
128 degrees awarded
Kinesiology & Exercise Science
105 degrees awarded
General Psychology
64 degrees awarded

In 2023, the most common bachelors degree concentration at Carroll University was Registered Nursing with 128 degrees awarded.

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

Sex Breakdown for Common Majors

279

Degrees Awarded to Men

in 2023

696

Degrees Awarded to Women

in 2023

In 2023, 279 degrees were awarded to men at Carroll University, which is 0.401 times less than the number of degrees awarded to females (696).

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

Most Common Male Majors

In 2023, 40 degrees were awarded to men at Carroll University in Kinesiology & Exercise Science, which is 0.556 times less than the 72 female recipients with that same degree.

Most Common Female Majors

In 2023, 116 degrees were awarded to men at Carroll University in Registered Nursing, which is 9.67 times more than the 12 male recipients with that same degree.

Time to Complete

57%

100% Completion Time

67%

150% Completion Time

In 2023, 57% of students graduating from Carroll University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 68% 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.

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 in 2023 at Carroll 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 (74.3%).

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, 0.401% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
799 degrees awarded
Hispanic or Latino
56 degrees awarded
Asian
42 degrees awarded

The most common race/ethnicity at Carroll University is white (799 degrees awarded). There were 14.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (56 degrees).

3.79% of degree recipients (37 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
584 degrees awarded
White Male
215 degrees awarded
Hispanic or Latino Female
34 degrees awarded

The most common race/ethnicity and sex grouping at Carroll University is white female (584 degrees awarded). There were 2.72 times more white female recipients than the next closest race/ethnicity group, white male (215 degrees).

Operations

Carroll University has an endowment valued at nearly $86.2M, as of the end of the 2023 fiscal year. The return on its endowment was of 5.37M (6.23%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Carroll University had a total salary expenditure of 91.1M. Carroll University employs 88 Assistant professors, 43 Associate professors and 24 Professors. Most academics at Carroll University are Female Assistant professor (62), Female Associate professor (27), and Male Assistant professor (26).

The most common positions for non-instructional staff at Carroll University are: Management, with 60 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 55 employees, and Office and Administrative Support with 43 employees.

Endowment

$86.2M

2023 Endowment

6.42%

growth from 2022

Carroll University has an endowment valued at about $86.2M, as of the end of the 2023 fiscal year. The endowment of Carroll University grew 6.42% from the previous year. The value of their endowment was $36.5M 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 Carroll 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: Small Programs Carnegie Classification grouping.

Salary Expenditure

$38.4M

2023 Salaries

7.18%

growth from 2022

In 2023, Carroll University paid a median of $38.4M in salaries, which represents 42.1% of their overall expenditure ($91.1M) and a 7.18% growth from the previous year. This is compared to a 2.03% growth between 2021 and 2022, and a 4.29% growth between 2020 and 2021.

Instructional Salaries

$12.7M

Instructional Salaries

155

Number of Employees

In 2023, Carroll University paid a total of $12.7M to 155 employees working as instructors, which represents 33.2% of all salaries paid.

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

Occupations by Share

Assistant professor

Most Common Instructor

88 Employees

Management

Most Common Non-Instructional Employee

60 Employees

In 2023, the most common positions for instructional staff at Carroll University were Assistant professor with 88 employees, Associate professor with 43 employees, and Professor with 24 employees.

In 2023, the most common positions for non-instructional staff at Carroll University were Management with 60 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 55 employees, and Office and Administrative Support with 43 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Female Associate professor
Male Assistant professor

In 2023, the most common demographic for instructional staff at Carroll University was Female Assistant professor with 62 employees, Female Associate professor with 27 employees, and Male Assistant professor with 26 employees.

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

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