Granite State College

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2023 Undergraduate Tuition
$7,536
2023 Average Net Price
$11,851
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
1,326
21.8% Full-Time
2023 Graduation Rate
12%
3 Graduates

About

Granite State College is a higher education institution located in Hillsborough County, NH. In 2023, the most popular Bachelors Degree concentrations at Granite State College were General Business Administration & Management (39 degrees awarded), General Psychology (34 degrees), and Registered Nursing (30 degrees).

In 2023, 473 degrees were awarded across all undergraduate and graduate programs at Granite State College. 72.1% of these degrees were awarded to women, and 27.9% awarded men. The most common race/ethnicity group of degree recipients was white (414 degrees), 29.6 times more than then the next closest race/ethnicity group, hispanic or latino (14 degrees).

The median undergraduate tuition at Granite State College is $7,536, which is $−21,744 less than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Granite State College was 0%, corresponding to 0 out of the 768 total borrowers.

Costs

In 2023, the median undergraduate tuition at Granite State College is $7,536, which is $21,744 less than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $11,851.

In 2023, 66% of undergraduate students attending Granite State College received financial aid through grants. Comparatively, 43% of undergraduate students received financial aid through loans.

Tuition Costs

$7,536
2023 Undergraduate Tuition

In 2023, the cost of tuition at Granite State College was $7,536. The cost of tuition at Granite State College is $−21,744 less than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

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Average Net Price

$11,851
2023 Value
0.00844%
1 Year Growth

In 2023 Granite State College had an average net price — the price paid after factoring in grants and loans — of $11,851. Between 2022 and 2023, the average net price of Granite State College grew by 0.00844%.

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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.

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Other Student Expenses

$9,828
Room and Board
$900
Books and Supplies

The average yearly cost of room and board at Granite State College was of $9,828 in 2023. The cost of room and board did not change between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $900. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

66%
Undergraduates Receiving Financial Aid through Grants
43%
Undergraduates Receiving Financial Aid through Loans

66% of undergraduate students at Granite State College received financial aid through grants or loans in 2023. This represents a decline of 9.59% with respect to 2022, when 73% of undergraduate students received financial aid.

This chart compares the average award discount at Granite State 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.

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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Granite State College was 0%, which represents 0 out of the 768 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.

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Enrollment

Granite State College had a total enrollment of 1,326 students in 2023. The full-time enrollment at Granite State College is 289 students and the part-time enrollment is 1,037. This means that 21.8% of students enrolled at Granite State College are enrolled full-time.

The enrolled student population at Granite State College, both undergraduate and graduate, is 84.4% White, 5.66% Hispanic or Latino, 2.64% Black or African American, 2.04% Two or More Races, 2.04% Asian, 0.302% American Indian or Alaska Native, and 0.0754% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Granite State College in full-time Undergraduate programs are most commonly White Female (60.5%), followed by White Male (22.6%) and Hispanic or Latino Female (4.52%). Students enrolled in full-time Graduate programs are most commonly White Female (74.2%), followed by White Male (19.4%) and Hispanic or Latino Female (1.61%).

Full-Time vs Part-Time Enrollment

21.8%
Full-Time Enrollment

The total enrollment at Granite State College in 2023, both undergraduate and graduate, is 1,326 students. The full-time enrollment at Granite State College is 289 and the part-time enrollment is 1,037. This means that 21.8% of students enrolled at Granite State 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 Granite State College (in red) compares to similar universities.

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Retention Rate over Time

33%
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 Granite State College was 33%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Granite State College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    1,119 enrolled students
  2. Hispanic or Latino
    75 enrolled students
  3. Black or African American
    35 enrolled students

The enrolled student population at Granite State College is 84.4% White, 5.66% Hispanic or Latino, 2.64% Black or African American, 2.04% Two or More Races, 2.04% Asian, 0.302% American Indian or Alaska Native, and 0.0754% 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.

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, 33 students (2.49%) did not report their race.

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Graduates

In 2023, 209 more women than men received degrees from Granite State College. The most common race/ethnicity group of degree recipients at Granite State College is white (414 degrees awarded). There were 29.6 times more white recipients than the next closest race/ethnicity group, hispanic or latino (14 degrees).

The most common Bachelor's Degree concentration at Granite State College is General Business Administration & Management (39 degrees awarded), followed by General Psychology (34 degrees) and Registered Nursing (30 degrees).

In 2023,  the most specialized majors across all degree types at Granite State College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Public Administration and Social Service (34 degrees awarded), Interdisciplinary Studies (42 degrees), and Education (108 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Granite State College are Elementary & middle school teachers (1,647,719 people), Secondary school teachers (552,978 people), Education administrators (330,643 people), Other managers (271,391 people), and Social workers, all other (269,874 people).

The most specialized majors at Granite State College in 2023 are Public Administration and Social Service (34 degrees awarded), Interdisciplinary Studies (42 degrees), Education (108 degrees), History (6 degrees), and Psychology (34 degrees) (as of 2023).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Granite State College are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Granite State College are Public Administration and Social Service (34 degrees awarded), Interdisciplinary Studies (42 degrees), Education (108 degrees), History (6 degrees), and Psychology (34 degrees) (as of 2023).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Granite State 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).

The most specialized majors at Granite State College are Public Administration and Social Service (34 degrees awarded), Interdisciplinary Studies (42 degrees), Education (108 degrees), History (6 degrees), and Psychology (34 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Granite State College.
Most Common (2023)
  1. 39 degrees awarded
  2. 34 degrees awarded
  3. 30 degrees awarded

In 2023, the most common bachelors degree concentration at Granite State College was General Business Administration & Management with 39 degrees awarded.

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

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Sex Breakdown for Common Majors

132
Degrees Awarded to Men
in 2023
341
Degrees Awarded to Women
in 2023

In 2023, 132 degrees were awarded to men at Granite State College, which is 0.387 times less than the number of degrees awarded to females (341).

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

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Most Common Male Majors

In 2023, 21 degrees were awarded to men at Granite State College in Other Multidisciplinary Studies, which is 3 times more than the 7 female recipients with that same degree.

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Most Common Female Majors

In 2023, 37 degrees were awarded to men at Granite State College in Early Childhood Education & Teaching, which is 18.5 times more than the 2 male recipients with that same degree.

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Time to Complete

3%
100% Completion Time
15%
150% Completion Time

In 2023, 3% of students graduating from Granite State College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 15% completed their degrees within 150% of the normal time, and 15% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (14.3%)

The student demographic with the highest graduation rate in 2023 at Granite State College is Female and White (14.3% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    414 degrees awarded
  2. Hispanic or Latino
    14 degrees awarded
  3. Black or African American
    13 degrees awarded

The most common race/ethnicity at Granite State College is white (414 degrees awarded). There were 29.6 times more white recipients than the next closest race/ethnicity group, hispanic or latino (14 degrees).

2.75% of degree recipients (13 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    298 degrees awarded
  2. White Male
    116 degrees awarded
  3. Hispanic or Latino Female
    11 degrees awarded

The most common race/ethnicity and sex grouping at Granite State College is white female (298 degrees awarded). There were 2.57 times more white female recipients than the next closest race/ethnicity group, white male (116 degrees).

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Operations

Granite State College has an endowment valued at nearly $10.6M, as of the end of the 2023 fiscal year. The return on its endowment was of 1.46M (13.8%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Granite State College had a total salary expenditure of 15.4M. Granite State College employs 14 Lecturers. Most academics at Granite State College are Female Lecturer (11), and Male Lecturer (3).

The most common positions for non-instructional staff at Granite State College are: Management, with 20 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 18 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 12 employees.

Endowment

$10.6M
2023 Endowment
5.13%
growth from 2022

Granite State College has an endowment valued at about $10.6M, as of the end of the 2023 fiscal year. The endowment of Granite State College grew 5.13% from the previous year. The value of their endowment was $40.8M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Granite State 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: Diverse Fields Carnegie Classification grouping.

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Salary Expenditure

$8.53M
2023 Salaries
2.97%
decline from 2022

In 2023, Granite State College paid a median of $8.53M in salaries, which represents 55.3% of their overall expenditure ($15.4M) and a 2.97% decline from the previous year. This is compared to a 7.73% decline between 2021 and 2022, and a 6.05% decline between 2020 and 2021.

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

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Instructional Salaries

$1.14M
Instructional Salaries
14
Number of Employees

In 2023, Granite State College paid a total of $1.14M to 14 employees working as instructors, which represents 13.4% of all salaries paid.

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

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Occupations by Share

Lecturer
Most Common Instructor
14 Employees
Management
Most Common Non-Instructional Employee
20 Employees

In 2023, the most common positions for instructional staff at Granite State College was Lecturer with 14 employees.

In 2023, the most common positions for non-instructional staff at Granite State College were Management with 20 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 18 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 12 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Female Lecturer
  2. Male Lecturer

In 2023, the most common demographic for instructional staff at Granite State College was Female Lecturer with 11 employees, and Male Lecturer with 3 employees.

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

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