College of the Albemarle

www.albemarle.edu/

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2021 Undergraduate Tuition

$2,081

0.0481% growth from 2020

2021 Average Net Price

$6,608

After Financial Aid

2019 Student Loan

10%

Default Rate

2021 Enrolled Students

2,355

32.8% Full-Time

2021 Graduation Rate

31.3%

108 Graduates

About

College of the Albemarle is a higher education institution located in Pasquotank County, NC. In 2021, the most popular Associates Degree concentrations at College of the Albemarle were Liberal Arts & Sciences (229 degrees awarded), Registered Nursing (37 degrees), and Other Liberal Arts & Sciences, General Studies, & Humanities (36 degrees).

In 2021, 612 degrees were awarded across all undergraduate and graduate programs at College of the Albemarle. 59.3% of these degrees were awarded to women, and 40.7% awarded men. The most common race/ethnicity group of degree recipients was white (419 degrees), 9.52 times more than then the next closest race/ethnicity group, black or african american (44 degrees).

The median undergraduate tuition at College of the Albemarle is $2,081, which is $−5,887 less than the national average for Associates Colleges ($7,968).

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

Costs

In 2021, the median undergraduate tuition at College of the Albemarle is $2,081, which is $−5,887 less than the national average for Associates Colleges ($7,968).

After taking grants and loans into account, the average net price for students is $6,608.

In 2021, 99% of undergraduate students attending College of the Albemarle received financial aid through grants.

Tuition Costs

$2,081

2021 Undergraduate Tuition

In 2021, the cost of tuition at College of the Albemarle was $2,081. The cost of tuition at College of the Albemarle is $−5,887 less than than the overall (public and private) national average for Associates Colleges ($7,968).

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

Average Net Price

$6,608

2021 Value

43.2%

1 Year Growth

In 2021 College of the Albemarle had an average net price — the price paid after factoring in grants and loans — of $6,608. Between 2020 and 2021, the average net price of College of the Albemarle grew by 43.2%.

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

$10,444

Room and Board

$1,107

Books and Supplies

The average yearly cost of room and board at College of the Albemarle was of $10,444 in 2021. The cost of room and board increased by 2.16% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,107. The cost of books and supplies increased by 2.22% 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

99%

Undergraduates Receiving Financial Aid through Grants

99% of undergraduate students at College of the Albemarle received financial aid through grants or loans in 2021. This represents a growth of 230% with respect to 2020, when 30% 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.

10%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at College of the Albemarle was 10%, which represents 1 out of the 10 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 2,355 students in 2021. The full-time enrollment at College of the Albemarle is 772 students and the part-time enrollment is 1,583. This means that 32.8% 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 65% White, 11.6% Black or African American, 4.88% Two or More Races, 4.63% Hispanic or Latino, 1.02% Asian, 0.764% American Indian or Alaska Native, and 0.127% Native Hawaiian or Other Pacific Islanders.

Students enrolled at College of the Albemarle in full-time Undergraduate programs are most commonly White Female (40.9%), followed by White Male (21.9%) and Black or African American Female (9.59%).

Full-Time vs Part-Time Enrollment

32.8%

Full-Time Enrollment

The total enrollment at College of the Albemarle in 2021, both undergraduate and graduate, is 2,355 students. The full-time enrollment at College of the Albemarle is 772 and the part-time enrollment is 1,583. This means that 32.8% of students enrolled at College of the Albemarle are enrolled full-time compared with 32.5% 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

53%

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 College of the Albemarle was 53%. Compared with the full-time retention rate at similar Associates Colleges (60%), College of the Albemarle had a retention rate lower 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 (2021)

White
1,531 enrolled students
Black or African American
273 enrolled students
Two or More Races
115 enrolled students

The enrolled student population at College of the Albemarle is 65% White, 11.6% Black or African American, 4.88% Two or More Races, 4.63% Hispanic or Latino, 1.02% Asian, 0.764% American Indian or Alaska Native, and 0.127% 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 44.1% White, 26.8% Hispanic or Latino, and 12.5% 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, 226 students (9.6%) did not report their race.

Graduates

In 2021, 114 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 (419 degrees awarded). There were 9.52 times more white recipients than the next closest race/ethnicity group, black or african american (44 degrees).

The most common Associates Degree concentration at College of the Albemarle is Liberal Arts & Sciences (229 degrees awarded), followed by Registered Nursing (37 degrees) and Other Liberal Arts & Sciences, General Studies, & Humanities (36 degrees).

In 2021, 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 (95 degrees awarded), Liberal Arts & Humanities (267 degrees), and Mechanical Technologies (23 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 College of the Albemarle are Elementary & middle school teachers (91,202 people), Other managers (74,541 people), Software developers (37,196 people), Secondary school teachers (32,422 people), and Physical therapists (30,043 people).

The most specialized majors at College of the Albemarle in 2021 are Precision Production (95 degrees awarded), Liberal Arts & Humanities (267 degrees), Mechanical Technologies (23 degrees), Parks, Recreation, & Leisure (10 degrees), and Engineering Technologies (10 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 College of the Albemarle are Surgeons, Cardiovascular technologists and technicians, Chief executives & legislators, Broadcast announcers and radio disc jockeys, and Magnetic resonance imaging technologists

The most specialized majors at College of the Albemarle are Precision Production (95 degrees awarded), Liberal Arts & Humanities (267 degrees), Mechanical Technologies (23 degrees), Parks, Recreation, & Leisure (10 degrees), and Engineering Technologies (10 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 College of the Albemarle are Elementary & secondary schools (182,890 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (85,069 people), Colleges, universities & professional schools, including junior colleges (72,814 people), Computer Systems Design (68,061 people), and Construction (55,310 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 (2021)

Liberal Arts & Sciences
229 degree-majors awarded
Registered Nursing
37 degree-majors awarded
Other Liberal Arts & Sciences, General Studies, & Humanities
36 degree-majors awarded

In 2021, the most common associates degree concentration at College of the Albemarle was Liberal Arts & Sciences with 229 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

249

Degrees Awarded to Men

in 2021

363

Degrees Awarded to Women

in 2021

In 2021, 249 degrees were awarded to men at College of the Albemarle, which is 0.686 times less than the number of degrees awarded to females (363).

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

Most Common Male Majors

In 2021, 70 degrees were awarded to men at College of the Albemarle in Liberal Arts & Sciences, which is 0.44 times less than the 159 female recipients with that same degree.

Most Common Female Majors

In 2021, 159 degrees were awarded to men at College of the Albemarle in Liberal Arts & Sciences, which is 2.27 times more than the 70 male recipients with that same degree.

Time to Complete

18%

100% Completion Time

40%

150% Completion Time

In 2021, 18% 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, 40% completed their degrees within 150% of the normal time, and 42% 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.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at College of the Albemarle is Female and American Indian or Alaska Native (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 3.7% of graduates (4 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
419 degrees awarded
Black or African American
44 degrees awarded
Hispanic or Latino
26 degrees awarded

The most common race/ethnicity at College of the Albemarle is white (419 degrees awarded). There were 9.52 times more white recipients than the next closest race/ethnicity group, black or african american (44 degrees).

10.1% of degree recipients (62 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
255 degrees awarded
White Male
164 degrees awarded
Black or African American Female
24 degrees awarded

The most common race/ethnicity and sex grouping at College of the Albemarle is white female (255 degrees awarded). There were 1.55 times more white female recipients than the next closest race/ethnicity group, white male (164 degrees).

Operations

College of the Albemarle has an endowment valued at nearly $6.46M, as of the end of the 2021 fiscal year. The return on its endowment was of 2.61k (0.0403%) compared to the 1.65% average return (87.6k on 5.29M) across all Associates Colleges.

In 2021, College of the Albemarle had a total salary expenditure of 29.2M. College of the Albemarle employs 79 No academic ranks. Most academics at College of the Albemarle are Female No academic rank (48), and Male No academic rank (31).

The most common positions for non-instructional staff at College of the Albemarle are: Office and Administrative Support, with 24 employees, Management, with 23 employees, and Service with 14 employees.

Endowment

$6.46M

2021 Endowment

21.7%

growth from 2020

College of the Albemarle has an endowment valued at about $6.46M, as of the end of the 2021 fiscal year. The endowment of College of the Albemarle grew 21.7% from the previous year. The value of their endowment was $1.17M 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

$280k - Federal
$101k - State
$5.14k - Local

As of 2021, College of the Albemarle received $280k in grants and contracts from the federal government, $101k from state grants and contracts, and $5.14k from local grants and contracts.

Salary Expenditure

$10.9M

2021 Salaries

3.22%

growth from 2020

In 2021, College of the Albemarle paid a median of $10.9M in salaries, which represents 37.4% of their overall expenditure ($29.2M) and a 3.22% growth from the previous year.

The median for similar Associates Colleges is 16.4M (41.6% of overall expenditures).

Instructional Salaries

$4.42M

Instructional Salaries

Number of Employees

In 2021, College of the Albemarle paid a total of $4.42M to 79 employees working as instructors, which represents 40.6% of all salaries paid.

This is compared to a median of $5.1M (31.2%) for similar Associates Colleges.

Occupations by Share

No academic rank

Most Common Instructor

79 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

24 Employees

In 2021, the most common positions for instructional staff at College of the Albemarle was No academic rank with 79 employees.

In 2021, the most common positions for non-instructional staff at College of the Albemarle were Office and Administrative Support with 24 employees, Management with 23 employees, and Service with 14 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female No academic rank
Male No academic rank

In 2021, the most common demographic for instructional staff at College of the Albemarle was Female No academic rank with 48 employees, and Male No academic rank with 31 employees.

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