Cornerstone University

www.cornerstone.edu/

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2021 Undergraduate Tuition

$27,040

3.01% growth from 2020

2021 Average Net Price

$20,780

After Financial Aid

2019 Student Loan

1.24%

Default Rate

2021 Acceptance Rate

91.3%

1,923 Applicants

2021 Enrolled Students

1,930

60.7% Full-Time

2021 Graduation Rate

60.3%

178 Graduates

About

Cornerstone University is a higher education institution located in Kent County, MI. In 2021, the most popular Bachelors Degree concentrations at Cornerstone University were General Business Administration & Management (71 degrees awarded), General Psychology (28 degrees), and Elementary Education & Teaching (22 degrees).

In 2021, 556 degrees were awarded across all undergraduate and graduate programs at Cornerstone University. 59.7% of these degrees were awarded to women, and 40.3% awarded men. The most common race/ethnicity group of degree recipients was white (404 degrees), 6.41 times more than then the next closest race/ethnicity group, black or african american (63 degrees).

The median undergraduate tuition at Cornerstone University is $27,040, which is $3,856 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Cornerstone University is $27,040, which is $3,856 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $20,780.

In 2021, 90% of undergraduate students attending Cornerstone University received financial aid through grants. Comparatively, 58% of undergraduate students received financial aid through loans.

Tuition Costs

$27,040

2021 Undergraduate Tuition

In 2021, the cost of tuition at Cornerstone University was $27,040. The cost of tuition at Cornerstone University is $3,856 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

Average Net Price

$20,780

2021 Value

3.32%

1 Year Growth

In 2021 Cornerstone University had an average net price — the price paid after factoring in grants and loans — of $20,780. Between 2020 and 2021, the average net price of Cornerstone University grew by 3.32%.

This chart compares the average net price of Cornerstone 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

$9,960

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Cornerstone University was of $9,960 in 2021. The cost of room and board increased by 3.43% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

58%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Cornerstone University received financial aid through grants or loans in 2021. This represents a growth of 1.12% with respect to 2020, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Cornerstone 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.

1.24%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Cornerstone University was 1.24%, which represents 9 out of the 726 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

Cornerstone University received 1,923 undergraduate applications in 2021, which represents a 2.09% annual growth. Out of those 1,923 applicants, 1,756 students were accepted for enrollment, representing a 91.3% acceptance rate.

There were 1,930 students enrolled at Cornerstone University in 2021. 69% of first-time enrollees submitted SAT scores with their applications.

Cornerstone University has an overall enrollment yield of 21.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

91.3%

Acceptance Rate in 2021

1,756

Accepted Out of 1,923

In 2021, the undergraduate acceptance rate of Cornerstone University was 91.3% (1,756 admissions from 1,923 applications). This is higher than the acceptance rate of 2020, which was 87%. Between 2020 and 2021, the number of applicants grew by 2.09%, while admissions grew by 2.81%..

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

SAT Scores

69%

Submission Percentage (2021)

258

Scores Submitted (2021)

69% of enrolled first-time students at Cornerstone University in 2021 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.

Enrollment

Cornerstone University had a total enrollment of 1,930 students in 2021. The full-time enrollment at Cornerstone University is 1,171 students and the part-time enrollment is 759. This means that 60.7% of students enrolled at Cornerstone University are enrolled full-time.

The enrolled student population at Cornerstone University, both undergraduate and graduate, is 71.9% White, 10.6% Black or African American, 6.42% Hispanic or Latino, 2.28% Two or More Races, 1.66% Asian, 0.674% Native Hawaiian or Other Pacific Islanders, and 0.259% American Indian or Alaska Native.

Students enrolled at Cornerstone University in full-time Undergraduate programs are most commonly White Female (49.5%), followed by White Male (29.2%) and Hispanic or Latino Female (2.83%). Students enrolled in full-time Graduate programs are most commonly White Female (46.2%), followed by Native Hawaiian or Other Pacific Islanders Male (33.3%) and Asian Male (2.56%).

Full-Time vs Part-Time Enrollment

60.7%

Full-Time Enrollment

The total enrollment at Cornerstone University in 2021, both undergraduate and graduate, is 1,930 students. The full-time enrollment at Cornerstone University is 1,171 and the part-time enrollment is 759. This means that 60.7% of students enrolled at Cornerstone University are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

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

Retention Rate over Time

97%

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 Cornerstone University was 97%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Cornerstone University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,388 enrolled students
Black or African American
205 enrolled students
Hispanic or Latino
124 enrolled students

The enrolled student population at Cornerstone University is 71.9% White, 10.6% Black or African American, 6.42% Hispanic or Latino, 2.28% Two or More Races, 1.66% Asian, 0.674% Native Hawaiian or Other Pacific Islanders, and 0.259% American Indian or Alaska Native. 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 52% White, 16.9% Hispanic or Latino, and 12.8% 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, 0 students (0%) did not report their race.

Graduates

In 2021, 108 more women than men received degrees from Cornerstone University. The most common race/ethnicity group of degree recipients at Cornerstone University is white (404 degrees awarded). There were 6.41 times more white recipients than the next closest race/ethnicity group, black or african american (63 degrees).

The most common Bachelor's Degree concentration at Cornerstone University is General Business Administration & Management (71 degrees awarded), followed by General Psychology (28 degrees) and Elementary Education & Teaching (22 degrees).

In 2021, the most specialized majors across all degree types at Cornerstone University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are THEOLOGY AND RELIGIOUS VOCATIONS. (79 degrees awarded), Psychology (70 degrees), and Parks, Recreation, & Leisure (26 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 Cornerstone University are Elementary & middle school teachers (1,870,606 people), Accountants & auditors (1,069,688 people), Other managers (793,939 people), Financial managers (497,687 people), and Secondary school teachers (491,687 people).

The most specialized majors at Cornerstone University in 2021 are THEOLOGY AND RELIGIOUS VOCATIONS. (79 degrees awarded), Psychology (70 degrees), Parks, Recreation, & Leisure (26 degrees), Business (183 degrees), and EDUCATION. (67 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 Cornerstone University are Surgeons, Cardiovascular technologists and technicians, Nuclear medicine technologists and medical dosimetrists, Physicians, and Nurse anesthetists

The most specialized majors at Cornerstone University are THEOLOGY AND RELIGIOUS VOCATIONS. (79 degrees awarded), Psychology (70 degrees), Parks, Recreation, & Leisure (26 degrees), Business (183 degrees), and EDUCATION. (67 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 Cornerstone University are Elementary & secondary schools (3,405,067 people), Colleges, universities & professional schools, including junior colleges (670,426 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (592,772 people), Computer Systems Design (536,927 people), and Banking & related activities (519,504 people).

Majors Awarded

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

Most Common (2021)

General Business Administration & Management
71 degree-majors awarded
General Psychology
28 degree-majors awarded
Elementary Education & Teaching
22 degree-majors awarded

In 2021, the most common bachelors degree concentration at Cornerstone University was General Business Administration & Management with 71 degrees awarded.

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

Sex Breakdown for Common Majors

224

Degrees Awarded to Men

in 2021

332

Degrees Awarded to Women

in 2021

In 2021, 224 degrees were awarded to men at Cornerstone University, which is 0.675 times less than the number of degrees awarded to females (332).

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

Most Common Male Majors

In 2021, 31 degrees were awarded to men at Cornerstone University in General Business Administration & Management, which is 0.62 times less than the 50 female recipients with that same degree.

Most Common Female Majors

In 2021, 50 degrees were awarded to men at Cornerstone University in General Business Administration & Management, which is 1.61 times more than the 31 male recipients with that same degree.

Time to Complete

51%

100% Completion Time

62%

150% Completion Time

In 2021, 51% of students graduating from Cornerstone University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 63% 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 2021 at Cornerstone 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 (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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
404 degrees awarded
Black or African American
63 degrees awarded
Hispanic or Latino
28 degrees awarded

The most common race/ethnicity at Cornerstone University is white (404 degrees awarded). There were 6.41 times more white recipients than the next closest race/ethnicity group, black or african american (63 degrees).

0.54% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
241 degrees awarded
White Male
163 degrees awarded
Black or African American Female
40 degrees awarded

The most common race/ethnicity and sex grouping at Cornerstone University is white female (241 degrees awarded). There were 1.48 times more white female recipients than the next closest race/ethnicity group, white male (163 degrees).

Operations

Cornerstone University has an endowment valued at nearly $15.7M, as of the end of the 2021 fiscal year. The return on its endowment was of 2.61M (16.7%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Cornerstone University had a total salary expenditure of 37.4M. Cornerstone University employs 32 Assistant professors, 21 Professors and 8 Associate professors. Most academics at Cornerstone University are Male Professor (17), Male Assistant professor (16), and Female Assistant professor (16).

The most common positions for non-instructional staff at Cornerstone University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 42 employees, Management, with 38 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 26 employees.

Endowment

$15.7M

2021 Endowment

48.2%

growth from 2020

Cornerstone University has an endowment valued at about $15.7M, as of the end of the 2021 fiscal year. The endowment of Cornerstone University grew 48.2% from the previous year. The value of their endowment was $34.8M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Cornerstone 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: Larger Programs Carnegie Classification grouping.

Salary Expenditure

$16.3M

2021 Salaries

6.4%

decline from 2020

In 2021, Cornerstone University paid a median of $16.3M in salaries, which represents 43.7% of their overall expenditure ($37.4M) and a 6.4% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$3.62M

Instructional Salaries

Number of Employees

In 2021, Cornerstone University paid a total of $3.62M to 62 employees working as instructors, which represents 22.1% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

32 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

42 Employees

In 2021, the most common positions for instructional staff at Cornerstone University were Assistant professor with 32 employees, Professor with 21 employees, and Associate professor with 8 employees.

In 2021, the most common positions for non-instructional staff at Cornerstone University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 42 employees, Management with 38 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 26 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Assistant professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Cornerstone University was Male Professor with 17 employees, Male Assistant professor with 16 employees, and Female Assistant professor with 16 employees.

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