Erskine College

www.erskine.edu

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2019 Undergraduate Tuition

$34,435

0.997% growth from 2018

2019 Average Net Price

$35,421

After Financial Aid

2017 Student Loan

8.89%

Default Rate

2019 Acceptance Rate

69.6%

1,074 Applicants

2019 Enrolled Students

912

86.3% Full-Time

2018 Graduation Rate

60.6%

83 Graduates

About

Erskine College is a higher education institution located in Abbeville County, SC. In 2016, the most popular Bachelor's Degree concentrations at Erskine College were General Business Administration & Management (30 degrees awarded), General Biological Sciences (21 degrees), and General Psychology (13 degrees).

In 2019, 122 degrees were awarded across all undergraduate and graduate programs at Erskine College. 45.1% of these degrees were awarded to women, and 54.9% awarded men. The most common race/ethnicity group of degree recipients was white (82 degrees), 3.42 times more than then the next closest race/ethnicity group, unknown (24 degrees).

The median undergraduate tuition at Erskine College is $34,435, which is $7,155 more than the national average for Baccalaureate Colleges ($27,280).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at Erskine College is $34,435, which is $7,155 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $35,421.

In 2019, 100% of undergraduate students received federal grants, while 69% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$34,435

2019 Undergraduate Tuition

In 2019, the cost of tuition at Erskine College was $34,435. The cost of tuition at Erskine College is $7,155 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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

Average Net Price

$35,421

2019 Value

0.434%

1 Year Growth

In 2019 Erskine College had an average net price — the price paid after factoring in grants and loans — of $35,421. Between 2018 and 2019, the average net price of Erskine College grew by 0.434%.

This chart compares the average net price of Erskine 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

$11,950

Room and Board

$2,000

Books and Supplies

The average yearly cost of room and board at Erskine College was of $11,950 in 2019. During the same period, the average yearly cost of books and supplies was $2,000. The cost of room and board did not change between 2018 and 2019. The cost of books and supplies did not change during the same period.

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

Financial Aid

Financial Aid by Income Level

100%

Of Undergraduates Receive Grants

69%

Of Undergraduates Receive Federal Loans

100% of undergraduate students at Erskine College received grants or loans in 2019. This represents a growth of 0% with respect to 2018, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Erskine 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.

8.89%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Erskine College was 8.89%, which represents 16 out of the 180 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

Erskine College received 1,074 undergraduate applications in 2019, which represents a 18% annual growth. Out of those 1,074 applicants, 748 students were accepted for enrollment, representing a 69.6% acceptance rate.

There were 912 students enrolled at Erskine College in 2019, and 84% of first-time enrollees submitted SAT scores with their applications.

Erskine College has an overall enrollment yield of 57.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

69.6%

Acceptance Rate in 2019

748

Accepted Out of 1,074

In 2019, the undergraduate acceptance rate of Erskine College was 69.6% (748 admissions from 1,074 applications). This is higher than the acceptance rate of 2018, which was 58.2%. Between 2018 and 2019, the number of applicants grew by 18%, while admissions grew by 41.1%.

This chart compares the acceptance rate of Erskine College (in red) with that of other similar universities.

SAT Scores

84%

Submission Percentage

360

Scores Submitted

84% of enrolled first-time students at Erskine College in 2019 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

Erskine College has a total enrollment of 912 students. The full-time enrollment at Erskine College is 787 students and the part-time enrollment is 125. This means that 86.3% of students enrolled at Erskine College are enrolled full-time.

The enrolled student population at Erskine College, both undergraduate and graduate, is 56.9% White, 23.1% Black or African American, 4.5% Hispanic or Latino, 1.75% Asian, 1.32% American Indian or Alaska Native, 0.548% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races.

Students enrolled at Erskine College in full-time Undergraduate programs are most commonly White Male (36.1%), followed by White Female (22.8%) and Black or African American Male (16.5%). Students enrolled in full-time Graduate programs are most commonly White Male (37.5%), followed by Black or African American Male (18.8%) and Black or African American Female (12.5%).

Full-Time vs Part-Time Enrollment

86.3%

Full-Time Enrollment

The total enrollment at Erskine College, both undergraduate and graduate, is 912 students. The full-time enrollment at Erskine College is 787 and the part-time enrollment is 125. This means that 86.3% of students enrolled at Erskine College are enrolled full-time compared with 81.1% at similar Baccalaureate Colleges.

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

Retention Rate over Time

63%

2019 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 Erskine College was 63%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Erskine College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
519
Black or African American
211
Hispanic or Latino
41

The enrolled student population at Erskine College is 56.9% White, 23.1% Black or African American, 4.5% Hispanic or Latino, 1.75% Asian, 1.32% American Indian or Alaska Native, 0.548% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races. 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, 14% Black or African American, and 13.1% Hispanic or Latino.

Graduates

In 2019, 12 fewer women than men received degrees from Erskine College. The most common race/ethnicity group of degree recipients at Erskine College is white (82 degrees awarded). There were 3.42 times more white graduates than the next closest race/ethnicity group, unknown (24 degrees).

The most common Bachelor's Degree concentration at Erskine College is General Business Administration & Management (30 degrees awarded), followed by General Biological Sciences (21 degrees) and General Psychology (13 degrees).

The most specialized majors across all degree types at Erskine College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (21 degrees awarded), Philosophy and Religious Studies (3 degrees), and Biology (21 degrees).

Workforce

Common Jobs by Major

Physicians

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Erskine College are Physicians (458,125 people), Postsecondary teachers (197,347 people), Other managers (164,416 people), Other Physical Scientists (152,407 people), and Clergy (119,861 people).

The most specialized majors at Erskine College are Theology (21 degrees awarded), Philosophy and Religious Studies (3 degrees), Biology (21 degrees), Cultural & Gender Studies (2 degrees), and Physical Sciences (5 degrees).

Highest Paying Jobs by Major

Securities, commodities, & financial services sales agents

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Erskine College are Securities, commodities, & financial services sales agents, Surgeons, Physicians, Actuaries, and Chief executives & legislators

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Erskine College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (487,097 people), Colleges, universities & professional schools, including junior colleges (431,695 people), Elementary & secondary schools (245,478 people), Offices of physicians (227,066 people), and Scientific research & development services (179,101 people).

Degrees

Majors Awarded

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

Most Common

General Business Administration & Management
30 degree-majorss awarded
General Biological Sciences
21 degree-majorss awarded
General Psychology
13 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Erskine College was General Business Administration & Management with 30 degrees awarded.

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

Gender Breakdown for Common Majors

Degrees Awarded to Men

in 2019

Degrees Awarded to Women

in 2019

In 2019, 67 degrees were awarded to men at Erskine College, which is 1.22 times more than the number of degrees awarded to females (55).

This chart displays the gender disparity between the top 5 majors at Erskine College by degrees awarded.

Most Common Male Majors

In 2019, 24 degrees were awarded to men at Erskine College in General Business Administration & Management, which is 4 times more than the 6 female recipients with that same degree.

Most Common Female Majors

In 2019, 14 degrees were awarded to women at Erskine College in General Biological Sciences, which is 2 times more than the 7 male recipients with that same degree.

Time to Complete

56%

100% Completion Time

60%

150% Completion Time

In 2019, 56% of students graduating from Erskine College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 60% within 200%.

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

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (68.3%)

The student demographic with the highest graduation rate at Erskine College is Female and White (68.3% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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, 7.23% of graduates (6 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
82 degrees awarded
Unknown
24 degrees awarded
Black or African American
8 degrees awarded

The most common race/ethnicity at Erskine College is white (82 degrees awarded). There were 3.42 times more white recipients than the next closest race/ethnicity group, unknown (24 degrees).

19.7% of degree recipients (24 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Male
44 degrees awarded
White Female
38 degrees awarded
Black or African American Male
5 degrees awarded

The most common race/ethnicity and gender grouping at Erskine College is white male (44 degrees awarded). There were 1.16 times more white male recipients than the next closest race/ethnicity group, white female (38 degrees).

Operations

Erskine College has an endowment valued at nearly $43.4M, as of the end of the 2019 fiscal year. The return on its endowment was of $3.25M (7.47%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Erskine College had a total salary expenditure of $19.1M. Erskine College employs 12 Professors, 12 Assistant professors, and 9 Associate professors. Most academics at Erskine College are Male Professors (11), Female Assistant professors(9), and Female Associate professors (6).

The most common positions for non-instructional staff at Erskine College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 24 employees, Management, with 20 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 16 employees.

Finances

Endowment

$43.4M

2019 Endowment

8.91%

growth from 2018

Erskine College has an endowment valued at about $43.4M, as of the end of the 2019 fiscal year. The endowment of Erskine College grew 8.91% from the previous year. The value of their endowment was $2.74M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Erskine 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.

Government Grants and Contracts

Grants & Contracts

$173k - Federal
$0 - State
$0 - Local

As of 2019, Erskine College received $173k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$8.05M

2019 Salaries

7.59%

growth from 2018

In 2019, Erskine College paid a median of $8.05M in salaries, which represents 42.1% of their overall expenditure ($19.1M) and a 7.59% growth from the previous year. This is compared to a 8.22% growth from 2017 and a 23.2% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

Instructional Salaries

$2.03M

Instructional Salaries

Number of Employees

In 2019, Erskine College paid a total of $2.03M to 41 employees working as instructors, which represents 25.2% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

12 Employees

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

Most Common Non-Instructional Employee

24 Employees

In 2019, the most common positions for instructional staff at Erskine College were Professor with 12 employees; Assistant professor with 12 employees; and Assistant professor with 9 employees.

In 2019, the most common positions for non-instructional staff at Erskine College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 24 employees; Management with 20 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 16 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Professor
Female Assistant professor
Female Associate professor

In 2019, the most common demographic for instructional staff at Erskine College was Male Professor with 11 employees, Female Assistant professor with 9 employees, and Female Associate professor with 6 employees.

This chart shows the gender split between each academic rank present at Erskine College.

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