College of the Albemarle

www.albemarle.edu

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2023 Undergraduate Tuition

$2,102

0.521% growth from 2022

2023 Average Net Price

$5,655

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

2,582

30.3% Full-Time

2023 Graduation Rate

39%

69 Graduates

About

College of the Albemarle is a higher education institution located in Pasquotank County, NC. In 2023, the most popular Associates Degree concentrations at College of the Albemarle were Liberal Arts & Sciences (205 degrees awarded), Other Liberal Arts & Sciences, General Studies, & Humanities (31 degrees), and Registered Nursing (26 degrees).

In 2023, 650 degrees were awarded across all undergraduate and graduate programs at College of the Albemarle. 55.1% of these degrees were awarded to women, and 44.9% awarded men. The most common race/ethnicity group of degree recipients was white (420 degrees), 4.62 times more than then the next closest race/ethnicity group, black or african american (91 degrees).

The median undergraduate tuition at College of the Albemarle is $2,102, which is $−6,151 less than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at College of the Albemarle was 0%, corresponding to 0 out of the 6 total borrowers.

Associates Colleges: High Transfer-Mixed Traditional/Nontraditional Associates Colleges

Costs

In 2023, the median undergraduate tuition at College of the Albemarle is $2,102, which is $6,151 less than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $5,655.

In 2023, 29% of undergraduate students attending College of the Albemarle received financial aid through grants.

Tuition Costs

$2,102

2023 Undergraduate Tuition

In 2023, the cost of tuition at College of the Albemarle was $2,102. The cost of tuition at College of the Albemarle is $−6,151 less than than the overall (public and private) national average for Associates Colleges ($8,253).

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

Average Net Price

$5,655

2023 Value

41.6%

1 Year Growth

In 2023 College of the Albemarle had an average net price — the price paid after factoring in grants and loans — of $5,655. Between 2022 and 2023, the average net price of College of the Albemarle grew by 41.6%.

This chart compares the average net price of College of the Albemarle (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

$11,276

Room and Board

$1,212

Books and Supplies

The average yearly cost of room and board at College of the Albemarle was of $11,276 in 2023. The cost of room and board increased by 5.3% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,212. The cost of books and supplies increased by 8.12% during the same period.

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

Financial Aid by Income Level

29%

Undergraduates Receiving Financial Aid through Grants

29% of undergraduate students at College of the Albemarle received financial aid through grants or loans in 2023. This represents a decline of 23.7% with respect to 2022, when 38% of undergraduate students received financial aid.

This chart compares the average award discount at College of the Albemarle (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 College of the Albemarle was 0%, which represents 0 out of the 6 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

College of the Albemarle had a total enrollment of 2,582 students in 2023. The full-time enrollment at College of the Albemarle is 782 students and the part-time enrollment is 1,800. This means that 30.3% of students enrolled at College of the Albemarle are enrolled full-time.

The enrolled student population at College of the Albemarle, both undergraduate and graduate, is 60.8% White, 12.2% Black or African American, 6.47% Hispanic or Latino, 3.68% Two or More Races, 0.736% Asian, 0.271% American Indian or Alaska Native, and 0.0387% Native Hawaiian or Other Pacific Islanders.

Students enrolled at College of the Albemarle in full-time Undergraduate programs are most commonly White Female (38.1%), followed by White Male (22.2%) and Black or African American Female (6.82%).

Full-Time vs Part-Time Enrollment

30.3%

Full-Time Enrollment

The total enrollment at College of the Albemarle in 2023, both undergraduate and graduate, is 2,582 students. The full-time enrollment at College of the Albemarle is 782 and the part-time enrollment is 1,800. This means that 30.3% of students enrolled at College of the Albemarle are enrolled full-time compared with 32.3% at similar Associates Colleges.

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

Retention Rate over Time

74%

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 College of the Albemarle was 74%. Compared with the full-time retention rate at similar Associates Colleges (64%), College of the Albemarle had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,571 enrolled students
Black or African American
314 enrolled students
Hispanic or Latino
167 enrolled students

The enrolled student population at College of the Albemarle is 60.8% White, 12.2% Black or African American, 6.47% Hispanic or Latino, 3.68% Two or More Races, 0.736% Asian, 0.271% American Indian or Alaska Native, and 0.0387% 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 Associates Colleges is 41.7% White, 28.7% Hispanic or Latino, and 12.6% 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, 313 students (12.1%) did not report their race.

Graduates

In 2023, 66 more women than men received degrees from College of the Albemarle. The most common race/ethnicity group of degree recipients at College of the Albemarle is white (420 degrees awarded). There were 4.62 times more white recipients than the next closest race/ethnicity group, black or african american (91 degrees).

The most common Associates Degree concentration at College of the Albemarle is Liberal Arts & Sciences (205 degrees awarded), followed by Other Liberal Arts & Sciences, General Studies, & Humanities (31 degrees) and Registered Nursing (26 degrees).

In 2023, the most specialized majors across all degree types at College of the Albemarle, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (86 degrees awarded), Mechanical Technologies (55 degrees), and Liberal Arts & Humanities (242 degrees).

Common Jobs by Major

Police officers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at College of the Albemarle are Police officers (137,242 people), Elementary & middle school teachers (112,789 people), Other managers (108,030 people), Software developers (47,474 people), and Lawyers, & judges, magistrates, & other judicial workers (43,302 people).

The most specialized majors at College of the Albemarle in 2023 are Precision Production (86 degrees awarded), Mechanical Technologies (55 degrees), Liberal Arts & Humanities (242 degrees), Human Sciences (16 degrees), and Protective Services (32 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 College of the Albemarle are Surgeons, Physicians, Chief executives & legislators, Skincare specialists, and Photographic process workers & processing machine operators

The most specialized majors at College of the Albemarle are Precision Production (86 degrees awarded), Mechanical Technologies (55 degrees), Liberal Arts & Humanities (242 degrees), Human Sciences (16 degrees), and Protective Services (32 degrees) (as of 2023).

Common Industries by Major

Justice, public order, & safety activities

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at College of the Albemarle are Justice, public order, & safety activities (316,788 people), Elementary & secondary schools (237,240 people), Colleges, universities & professional schools, including junior colleges (72,899 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (70,186 people), and Individual & family services (50,044 people).

Majors Awarded

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

Most Common (2023)

Liberal Arts & Sciences
205 degrees awarded
Other Liberal Arts & Sciences, General Studies, & Humanities
31 degrees awarded
Registered Nursing
26 degrees awarded

In 2023, the most common associates degree concentration at College of the Albemarle was Liberal Arts & Sciences with 205 degrees awarded.

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

Sex Breakdown for Common Majors

292

Degrees Awarded to Men

in 2023

358

Degrees Awarded to Women

in 2023

In 2023, 292 degrees were awarded to men at College of the Albemarle, which is 0.816 times less than the number of degrees awarded to females (358).

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

Most Common Male Majors

In 2023, 76 degrees were awarded to men at College of the Albemarle in Liberal Arts & Sciences, which is 0.589 times less than the 129 female recipients with that same degree.

Most Common Female Majors

In 2023, 129 degrees were awarded to men at College of the Albemarle in Liberal Arts & Sciences, which is 1.7 times more than the 76 male recipients with that same degree.

Time to Complete

31%

100% Completion Time

42%

150% Completion Time

In 2023, 31% of students graduating from College of the Albemarle completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 42% completed their degrees within 150% of the normal time, and 44% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates 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.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at College of the Albemarle is Female and Asian (100% graduation rate). Across all Associates 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.

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, 7.25% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
420 degrees awarded
Black or African American
91 degrees awarded
Hispanic or Latino
44 degrees awarded

The most common race/ethnicity at College of the Albemarle is white (420 degrees awarded). There were 4.62 times more white recipients than the next closest race/ethnicity group, black or african american (91 degrees).

6.31% of degree recipients (41 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
227 degrees awarded
White Male
193 degrees awarded
Black or African American Female
56 degrees awarded

The most common race/ethnicity and sex grouping at College of the Albemarle is white female (227 degrees awarded). There were 1.18 times more white female recipients than the next closest race/ethnicity group, white male (193 degrees).

Operations

College of the Albemarle has an endowment valued at nearly $6.35M, as of the end of the 2023 fiscal year. The return on its endowment was of 132k (2.09%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.

In 2023, College of the Albemarle had a total salary expenditure of 26.2M. College of the Albemarle employs 81 No academic ranks. Most academics at College of the Albemarle are Female No academic rank (49), and Male No academic rank (32).

The most common positions for non-instructional staff at College of the Albemarle are: Office and Administrative Support, with 28 employees, Management, with 23 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 15 employees.

Endowment

$6.35M

2023 Endowment

9.05%

growth from 2022

College of the Albemarle has an endowment valued at about $6.35M, as of the end of the 2023 fiscal year. The endowment of College of the Albemarle grew 9.05% from the previous year. The value of their endowment was $551k higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at College of the Albemarle (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-Mixed Traditional/Nontraditional Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$448k - Federal
$176k - State
$5k - Local

As of 2023, College of the Albemarle received $448k in grants and contracts from the federal government, $176k from state grants and contracts, and $5k from local grants and contracts.

Salary Expenditure

$13.2M

2023 Salaries

9.16%

growth from 2022

In 2023, College of the Albemarle paid a median of $13.2M in salaries, which represents 50.5% of their overall expenditure ($26.2M) and a 9.16% growth from the previous year. This is compared to a 11.1% growth between 2021 and 2022, and a 3.22% growth between 2020 and 2021.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$5.18M

Instructional Salaries

Number of Employees

In 2023, College of the Albemarle paid a total of $5.18M to 81 employees working as instructors, which represents 39.2% of all salaries paid.

This is compared to a median of $731k (4.21%) for similar Associates Colleges.

Occupations by Share

No academic rank

Most Common Instructor

81 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

28 Employees

In 2023, the most common positions for instructional staff at College of the Albemarle was No academic rank with 81 employees.

In 2023, the most common positions for non-instructional staff at College of the Albemarle were Office and Administrative Support with 28 employees, Management with 23 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 15 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female No academic rank
Male No academic rank

In 2023, the most common demographic for instructional staff at College of the Albemarle was Female No academic rank with 49 employees, and Male No academic rank with 32 employees.

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

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