Erskine College

www.erskine.edu

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2023 Undergraduate Tuition

$34,435

2023 Average Net Price

$21,982

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

60.6%

1,037 Applicants

2023 Enrolled Students

984

83.4% Full-Time

2023 Graduation Rate

48.6%

86 Graduates

About

Erskine College is a higher education institution located in Abbeville County, SC. In 2023, the most popular Bachelors Degree concentrations at Erskine College were General Business Administration & Management (58 degrees awarded), General Biological Sciences (17 degrees), and General Psychology (13 degrees).

In 2023, 176 degrees were awarded across all undergraduate and graduate programs at Erskine College. 43.2% of these degrees were awarded to women, and 56.8% awarded men. The most common race/ethnicity group of degree recipients was white (112 degrees), 4.67 times more than then the next closest race/ethnicity group, black or african american (24 degrees).

The median undergraduate tuition at Erskine College is $34,435, which is $5,155 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Erskine College was 0%, corresponding to 0 out of the 188 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Erskine College is $34,435, which is $5,155 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $21,982.

In 2023, 99% of undergraduate students attending Erskine College received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

Tuition Costs

$34,435

2023 Undergraduate Tuition

In 2023, the cost of tuition at Erskine College was $34,435. The cost of tuition at Erskine College is $5,155 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$21,982

2023 Value

39.9%

1 Year Growth

In 2023 Erskine College had an average net price — the price paid after factoring in grants and loans — of $21,982. Between 2022 and 2023, the average net price of Erskine College grew by 39.9%.

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

$11,505

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Erskine College was of $11,505 in 2023. The cost of room and board decreased by 4.19% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies decreased by 60% during the same period.

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

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

72%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Erskine College received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 99% 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Erskine College was 0%, which represents 0 out of the 188 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 1,037 undergraduate applications in 2023, which represents a 34.6% annual growth. Out of those 1,037 applicants, 628 students were accepted for enrollment, representing a 60.6% acceptance rate.

There were 984 students enrolled at Erskine College in 2023. 48% of first-time enrollees submitted SAT scores with their applications.

Erskine College has an overall enrollment yield of 47%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

60.6%

Acceptance Rate in 2023

628

Accepted Out of 1,037

In 2023, the undergraduate acceptance rate of Erskine College was 60.6% (628 admissions from 1,037 applications). This is higher than the acceptance rate of 2022, which was 53.2%. Between 2022 and 2023, the number of applicants declined by 34.6%, while admissions declined by 25.6%.

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

SAT Scores

48%

Submission Percentage (2022)

129

Scores Submitted (2022)

48% of enrolled first-time students at Erskine College in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Erskine College had a total enrollment of 984 students in 2023. The full-time enrollment at Erskine College is 821 students and the part-time enrollment is 163. This means that 83.4% of students enrolled at Erskine College are enrolled full-time.

The enrolled student population at Erskine College, both undergraduate and graduate, is 44.4% White, 17.7% Black or African American, 4.37% Hispanic or Latino, 0.915% Asian, 0.711% American Indian or Alaska Native, and 0.102% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Erskine College in full-time Undergraduate programs are most commonly White Male (27.5%), followed by White Female (17.3%) and Black or African American Male (17.2%). Students enrolled in full-time Graduate programs are most commonly White Male (70%), followed by Black or African American Male (10%) and American Indian or Alaska Native Male (5%).

Full-Time vs Part-Time Enrollment

83.4%

Full-Time Enrollment

The total enrollment at Erskine College in 2023, both undergraduate and graduate, is 984 students. The full-time enrollment at Erskine College is 821 and the part-time enrollment is 163. This means that 83.4% of students enrolled at Erskine College are enrolled full-time compared with 78.8% 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%

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 Erskine College was 63%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), 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 (2023)

White
437 enrolled students
Black or African American
174 enrolled students
Hispanic or Latino
43 enrolled students

The enrolled student population at Erskine College is 44.4% White, 17.7% Black or African American, 4.37% Hispanic or Latino, 0.915% Asian, 0.711% American Indian or Alaska Native, and 0.102% 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 53.2% White, 14.1% Hispanic or Latino, and 12.9% Black or African American.

Graduates

In 2023, 24 fewer women than men received degrees from Erskine College. The most common race/ethnicity group of degree recipients at Erskine College is white (112 degrees awarded). There were 4.67 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

The most common Bachelor's Degree concentration at Erskine College is General Business Administration & Management (58 degrees awarded), followed by General Biological Sciences (17 degrees) and General Psychology (13 degrees).

In 2023, 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 (33 degrees awarded), History (9 degrees), and Parks, Recreation, & Leisure (12 degrees).

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 (421,419 people), Other managers (190,224 people), Postsecondary teachers (166,029 people), Lawyers, & judges, magistrates, & other judicial workers (154,619 people), and Elementary & middle school teachers (152,714 people).

The most specialized majors at Erskine College in 2023 are Theology (33 degrees awarded), History (9 degrees), Parks, Recreation, & Leisure (12 degrees), Philosophy and Religious Studies (3 degrees), and Biology (17 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 Erskine College are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Erskine College are Theology (33 degrees awarded), History (9 degrees), Parks, Recreation, & Leisure (12 degrees), Philosophy and Religious Studies (3 degrees), and Biology (17 degrees) (as of 2023).

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 Erskine College are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

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 (2023)

General Business Administration & Management
58 degrees awarded
General Biological Sciences
17 degrees awarded
General Psychology
13 degrees awarded

In 2023, the most common bachelors degree concentration at Erskine College was General Business Administration & Management with 58 degrees awarded.

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

Sex Breakdown for Common Majors

100

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 100 degrees were awarded to men at Erskine College, which is 1.32 times more than the number of degrees awarded to females (76).

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

Most Common Male Majors

In 2023, 42 degrees were awarded to men at Erskine College in General Business Administration & Management, which is 2.63 times more than the 16 female recipients with that same degree.

Most Common Female Majors

In 2023, 16 degrees were awarded to men at Erskine College in General Business Administration & Management, which is 0.381 times less than the 42 male recipients with that same degree.

Time to Complete

36%

100% Completion Time

40%

150% Completion Time

In 2023, 36% of students graduating from Erskine College 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 41% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (62.3%)

The student demographic with the highest graduation rate in 2023 at Erskine College is Female and White (62.3% graduation rate). Across all Baccalaureate 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
112 degrees awarded
Black or African American
24 degrees awarded
Hispanic or Latino
11 degrees awarded

The most common race/ethnicity at Erskine College is white (112 degrees awarded). There were 4.67 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

13.1% of degree recipients (23 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
58 degrees awarded
White Female
54 degrees awarded
Black or African American Male
16 degrees awarded

The most common race/ethnicity and sex grouping at Erskine College is white male (58 degrees awarded). There were 1.07 times more white male recipients than the next closest race/ethnicity group, white female (54 degrees).

Operations

Erskine College has an endowment valued at nearly $38.4M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.37M (8.78%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Erskine College had a total salary expenditure of 22.9M. Erskine College employs 14 Assistant professors, 11 Associate professors and 7 Professors. Most academics at Erskine College are Female Assistant professor (9), Male Professor (7), and Female Associate professor (6).

The most common positions for non-instructional staff at Erskine College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 35 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 26 employees, and Management with 23 employees.

Endowment

$38.4M

2023 Endowment

2.12%

decline from 2022

Erskine College has an endowment valued at about $38.4M, as of the end of the 2023 fiscal year. The endowment of Erskine College declined 2.12% from the previous year. The value of their endowment was $13.1M lower 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.

Salary Expenditure

$8.11M

2023 Salaries

0.475%

growth from 2022

In 2023, Erskine College paid a median of $8.11M in salaries, which represents 35.4% of their overall expenditure ($22.9M) and a 0.475% growth from the previous year. This is compared to a 3.32% decline between 2021 and 2022, and a 26% growth between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$1.78M

Instructional Salaries

Number of Employees

In 2023, Erskine College paid a total of $1.78M to 33 employees working as instructors, which represents 22% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

14 Employees

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

Most Common Non-Instructional Employee

35 Employees

In 2023, the most common positions for instructional staff at Erskine College were Assistant professor with 14 employees, Associate professor with 11 employees, and Professor with 7 employees.

In 2023, the most common positions for non-instructional staff at Erskine College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 35 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 26 employees, and Management with 23 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Professor
Female Associate professor

In 2023, the most common demographic for instructional staff at Erskine College was Female Assistant professor with 9 employees, Male Professor with 7 employees, and Female Associate professor with 6 employees.

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

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