Charter Oak State College

www.charteroak.edu

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2021 Undergraduate Tuition

$7,656

2021 Average Net Price

$9,697

After Financial Aid

2019 Student Loan

1.22%

Default Rate

2021 Enrolled Students

1,618

23.7% Full-Time

About

Charter Oak State College is a higher education institution located in Hartford County, CT. In 2021, the most popular Bachelors Degree concentrations at Charter Oak State College were Liberal Arts & Sciences (174 degrees awarded), General Business Administration & Management (87 degrees), and Early Childhood Education & Teaching (41 degrees).

In 2021, 639 degrees were awarded across all undergraduate and graduate programs at Charter Oak State College. 70.3% of these degrees were awarded to women, and 29.7% awarded men. The most common race/ethnicity group of degree recipients was white (377 degrees), 3.49 times more than then the next closest race/ethnicity group, black or african american (108 degrees).

The median undergraduate tuition at Charter Oak State College is $7,656, which is $−20,849 less than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Charter Oak State College is $7,656, which is $−20,849 less than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $9,697.

In 2021, 52% of undergraduate students attending Charter Oak State College received financial aid through grants. Comparatively, 42% of undergraduate students received financial aid through loans.

Tuition Costs

$7,656

2021 Undergraduate Tuition

In 2021, the cost of tuition at Charter Oak State College was $7,656. The cost of tuition at Charter Oak State College is $−20,849 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$9,697

2021 Value

18.3%

1 Year Growth

In 2021 Charter Oak State College had an average net price — the price paid after factoring in grants and loans — of $9,697. Between 2020 and 2021, the average net price of Charter Oak State College grew by 18.3%.

This chart compares the average net price of Charter Oak State 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

$3,824

Room and Board

$1,600

Books and Supplies

The average yearly cost of room and board at Charter Oak State College was of $3,824 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,600. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

52%

Undergraduates Receiving Financial Aid through Grants

42%

Undergraduates Receiving Financial Aid through Loans

52% of undergraduate students at Charter Oak State College received financial aid through grants or loans in 2021. This represents a growth of 6.12% with respect to 2020, when 49% of undergraduate students received financial aid.

This chart compares the average award discount at Charter Oak State 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.

1.22%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Charter Oak State College was 1.22%, which represents 5 out of the 411 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.

Enrollment

Charter Oak State College had a total enrollment of 1,618 students in 2021. The full-time enrollment at Charter Oak State College is 383 students and the part-time enrollment is 1,235. This means that 23.7% of students enrolled at Charter Oak State College are enrolled full-time.

The enrolled student population at Charter Oak State College, both undergraduate and graduate, is 55% White, 18.5% Hispanic or Latino, 16.2% Black or African American, 2.35% Asian, 2.16% Two or More Races, and 0.247% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Charter Oak State College in full-time Undergraduate programs are most commonly White Female (41.4%), followed by Hispanic or Latino Female (17.2%) and Black or African American Female (12.7%). Students enrolled in full-time Graduate programs are most commonly Black or African American Female (50%), followed by White Female (33.3%) and Two or More Races Female (16.7%).

Full-Time vs Part-Time Enrollment

23.7%

Full-Time Enrollment

The total enrollment at Charter Oak State College in 2021, both undergraduate and graduate, is 1,618 students. The full-time enrollment at Charter Oak State College is 383 and the part-time enrollment is 1,235. This means that 23.7% of students enrolled at Charter Oak State College are enrolled full-time compared with 79.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

67%

2021 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 Charter Oak State College was 67%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Charter Oak State College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
890 enrolled students
Hispanic or Latino
299 enrolled students
Black or African American
262 enrolled students

The enrolled student population at Charter Oak State College is 55% White, 18.5% Hispanic or Latino, 16.2% Black or African American, 2.35% Asian, 2.16% Two or More Races, and 0.247% 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 55% White, 13.5% 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, 82 students (5.07%) did not report their race.

Graduates

In 2021, 259 more women than men received degrees from Charter Oak State College. The most common race/ethnicity group of degree recipients at Charter Oak State College is white (377 degrees awarded). There were 3.49 times more white recipients than the next closest race/ethnicity group, black or african american (108 degrees).

The most common Bachelor's Degree concentration at Charter Oak State College is Liberal Arts & Sciences (174 degrees awarded), followed by General Business Administration & Management (87 degrees) and Early Childhood Education & Teaching (41 degrees).

In 2021, the most specialized majors across all degree types at Charter Oak State College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Human Sciences (38 degrees awarded), Liberal Arts & Humanities (222 degrees), and Protective Services (44 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 Charter Oak State College are Elementary & middle school teachers (1,782,247 people), Secondary school teachers (434,436 people), Education administrators (310,358 people), Other managers (216,999 people), and Special education teachers (198,804 people).

The most specialized majors at Charter Oak State College in 2021 are Human Sciences (38 degrees awarded), Liberal Arts & Humanities (222 degrees), Protective Services (44 degrees), EDUCATION. (53 degrees), and Psychology (31 degrees) (as of 2021).

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 Charter Oak State College are Surgeons, Physicians, Broadcast announcers and radio disc jockeys, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at Charter Oak State College are Human Sciences (38 degrees awarded), Liberal Arts & Humanities (222 degrees), Protective Services (44 degrees), EDUCATION. (53 degrees), and Psychology (31 degrees) (as of 2021).

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 Charter Oak State College are Elementary & secondary schools (3,117,518 people), Justice, public order, & safety activities (414,945 people), Colleges, universities & professional schools, including junior colleges (395,109 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (313,889 people), and Individual & family services (209,111 people).

Majors Awarded

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

Most Common (2021)

Liberal Arts & Sciences
174 degree-majors awarded
General Business Administration & Management
87 degree-majors awarded
Early Childhood Education & Teaching
41 degree-majors awarded

In 2021, the most common bachelors degree concentration at Charter Oak State College was Liberal Arts & Sciences with 174 degrees awarded.

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

Sex Breakdown for Common Majors

190

Degrees Awarded to Men

in 2021

449

Degrees Awarded to Women

in 2021

In 2021, 190 degrees were awarded to men at Charter Oak State College, which is 0.423 times less than the number of degrees awarded to females (449).

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

Most Common Male Majors

In 2021, 75 degrees were awarded to men at Charter Oak State College in Liberal Arts & Sciences, which is 0.51 times less than the 147 female recipients with that same degree.

Most Common Female Majors

In 2021, 147 degrees were awarded to men at Charter Oak State College in Liberal Arts & Sciences, which is 1.96 times more than the 75 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
377 degrees awarded
Black or African American
108 degrees awarded
Hispanic or Latino
84 degrees awarded

The most common race/ethnicity at Charter Oak State College is white (377 degrees awarded). There were 3.49 times more white recipients than the next closest race/ethnicity group, black or african american (108 degrees).

4.07% of degree recipients (26 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
256 degrees awarded
White Male
121 degrees awarded
Black or African American Female
82 degrees awarded

The most common race/ethnicity and sex grouping at Charter Oak State College is white female (256 degrees awarded). There were 2.12 times more white female recipients than the next closest race/ethnicity group, white male (121 degrees).

Operations

Charter Oak State College has an endowment valued at nearly $2.71M, as of the end of the 2021 fiscal year. The return on its endowment was of 7.43k (0.274%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Charter Oak State College had a total salary expenditure of 23.3M.

The most common positions for non-instructional staff at Charter Oak State College are: Management, with 18 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 12 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 11 employees.

Endowment

$2.71M

2021 Endowment

32.2%

growth from 2020

Charter Oak State College has an endowment valued at about $2.71M, as of the end of the 2021 fiscal year. The endowment of Charter Oak State College grew 32.2% from the previous year. The value of their endowment was $49.7M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Charter Oak State 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.

Salary Expenditure

$9.1M

2021 Salaries

7.54%

growth from 2020

In 2021, Charter Oak State College paid a median of $9.1M in salaries, which represents 39.1% of their overall expenditure ($23.3M) and a 7.54% growth from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Occupations by Share

Management

Most Common Non-Instructional Employee

18 Employees

In 2021, the most common positions for non-instructional staff at Charter Oak State College were Management with 18 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 12 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 11 employees.