Grinnell College

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2016 Undergraduate Tuition

$48,322

3.75% growth from 2015

2016 Average Net Price

$30,010

After Financial Aid

2015 Student Loan

2.4%

Default Rate

2016 Acceptance Rate

20.2%

7,370 Applicants

2016 Enrolled Students

1,699

97.6% Full-Time

2016 Graduation Rate

85.8%

356 Graduates

About

Grinnell College is a higher education institution located in Poweshiek County, IA. In 2016, the most popular Bachelor's Degree concentrations at Grinnell College were General Economics (47 degrees awarded), General Biological Sciences (41 degrees), and Computer Science (37 degrees).

In 2016, 497 degrees were awarded across all undergraduate and graduate programs at Grinnell College. 57.1% of these degrees were awarded to women, and 42.9% awarded men. The majority of degree recipients were white (311 degrees), 7.97 times more than then the next closest race/ethnicity group, asian (39 degrees).

The median undergraduate tuition at Grinnell College is $48,322, which is $23,907 more than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Grinnell College is $48,322, which is $23,907 more than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $30,010.

In 2016, 90% of undergraduate students received federal grants, while 42% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$48,322

2016 Undergraduate Tuition

In 2016, the cost of tuition at Grinnell College was $48,322. The cost of tuition at Grinnell College is $23,907 more than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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

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Average Net Price

$30,010

2016 Value

3.95%

1 Year Growth

In 2016 Grinnell College had an average net price — the price paid after factoring in grants and loans — of $30,010. Between 2015 and 2016, the average net price of Grinnell College grew by 3.95%.

This chart compares the average net price of Grinnell 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.

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Other Student Expenses

$11,408

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Grinnell College was of $11,408 in 2016. During the same period, the average yearly cost of books and supplies was $900. The cost of room and board increased by 3.74% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

90%

Of Undergraduates Receive Grants

42%

Of Undergraduates Receive Federal Loans

90% of undergraduate students at Grinnell College received grants or loans in 2016. This represents a growth of 3.45% with respect to 2015, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at Grinnell 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.

2.4%

2015 Default Rate

6

Number of Defaults

In 2015 the default rate for borrower's at Grinnell College was 2.4%, which represents 6 out of the 250 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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Admissions

Grinnell College received 7,370 undergraduate applications in 2016, which represents a 14.9% annual growth. Out of those 7,370 applicants, 1,488 students were accepted for enrollment, representing a 20.2% acceptance rate.

There were 1,699 students enrolled at Grinnell College in 2016, and 39% of first-time enrollees submitted SAT scores with their applications.

Grinnell College has an overall enrollment yield of 27.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

20.2%

Acceptance Rate in 2016

1,488

Accepted Out of 7,370

In 2016, the undergraduate acceptance rate of Grinnell College was 20.2% (1,488 admissions from 7,370 applications). This is lower than the acceptance rate of 2015, which was 24.9%. Between 2015 and 2016, the number of applicants grew by 14.9%, while admissions declined by -6.88%.

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

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SAT Scores

39%

Submission Percentage

163

Scores Submitted

39% of enrolled first-time students at Grinnell College in 2016 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.

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Enrollment

Grinnell College has a total enrollment of 1,699 students. The full-time enrollment at Grinnell College is 1,658 students and the part-time enrollment is 41. This means that 97.6% of students enrolled at Grinnell College are enrolled full-time.

The enrolled student population at Grinnell College, both undergraduate and graduate, is 51.6% White, 7.65% Asian, 7.47% Hispanic or Latino, 5.77% Black or African American, 4.53% Two or More Races, 0.0589% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Grinnell College in full-time Undergraduate programs are majority White Female (28.6%), followed by White Male (23.4%) and Asian Female (4.4%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

97.6%

Full-Time Enrollment

The total enrollment at Grinnell College, both undergraduate and graduate, is 1,699 students. The full-time enrollment at Grinnell College is 1,658 and the part-time enrollment is 41. This means that 97.6% of students enrolled at Grinnell College are enrolled full-time compared with 81% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

93%

2016 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 Grinnell College was 93%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Grinnell College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    876

  2. Asian

    130

  3. Hispanic or Latino

    127

The enrolled student population at Grinnell College is 51.6% White, 7.65% Asian, 7.47% Hispanic or Latino, 5.77% Black or African American, 4.53% Two or More Races, 0.0589% American Indian or Alaska Native, and 0% 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 55.6% White, 14% Black or African American, and 12.4% Hispanic or Latino.

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, 86 students (5.06%) did not report their race.

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Graduates

In 2016, 71 more women than men received degrees from Grinnell College. The majority of degree recipients at Grinnell College are white (311 degrees awarded). There were 7.97 times more white graduates than the next closest race/ethnicity group, asian (39 degrees).

The most common Bachelor's Degree concentration at Grinnell College is General Economics (47 degrees awarded), followed by General Biological Sciences (41 degrees) and Computer Science (37 degrees).

The most specialized majors across all degree types at Grinnell College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Language & Linguistics (54 degrees awarded), Cultural & Gender Studies (17 degrees), and Philosophy and Religious Studies (16 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Grinnell College are Elementary & middle school teachers (180,907 people), Lawyers, & judges, magistrates, & other judicial workers (136,531 people), Postsecondary teachers (130,026 people), Miscellaneous managers (111,693 people), and Secondary school teachers (73,408 people).

The most specialized majors at Grinnell College are Language & Linguistics (54 degrees awarded), Cultural & Gender Studies (17 degrees), Philosophy and Religious Studies (16 degrees), Math & Statistics (33 degrees), and History (24 degrees).

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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 Grinnell College are Physicians & surgeons, Real estate brokers & sales agents, Chief executives & legislators, Securities, commodities, & financial services sales agents, and Credit counselors & loan officers

The most specialized majors at Grinnell College are Language & Linguistics (54 degrees awarded), Cultural & Gender Studies (17 degrees), Philosophy and Religious Studies (16 degrees), Math & Statistics (33 degrees), and History (24 degrees).

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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 Grinnell College are Elementary & secondary schools (327,335 people), Colleges, universities & professional schools, including junior colleges (226,983 people), Legal services (112,566 people), Computer Systems Design (104,192 people), and Insurance carriers & related activities (83,374 people).

The most specialized majors at Grinnell College are Language & Linguistics (54 degrees awarded), Cultural & Gender Studies (17 degrees), Philosophy and Religious Studies (16 degrees), Math & Statistics (33 degrees), and History (24 degrees).

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Degrees

Majors Awarded

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

Most Common

  1. 47 degrees awarded

  2. 41 degrees awarded

  3. 37 degrees awarded

In 2016, the most common bachelors degree concentration at Grinnell College was General Economics with 47 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 213

  2. 284

In 2016, 213 degrees were awarded to men at Grinnell College, which is 0.75 times less than the number of degrees awarded to females (284).

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

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Most Common Male Majors

In 2016, 33 degrees were awarded to men at Grinnell College in General Economics, which is 2.36 times more than the 14 female recipients with that same degree.

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Most Common Female Majors

In 2016, 31 degrees were awarded to women at Grinnell College in General Biological Sciences, which is 3.1 times more than the 10 male recipients with that same degree.

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Time to Complete

85%

100% Completion Time

89%

150% Completion Time

In 2016, 85% of students graduating from Grinnell College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 89% completed their degrees within 150% of the normal time, and 90% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Grinnell College is Male and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

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, 4.21% of graduates (15 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    311 degrees awarded

  2. Asian

    39 degrees awarded

  3. Hispanic or Latino

    28 degrees awarded

The most common race/ethnicity at Grinnell College is white (311 degrees awarded). There were 7.97 times more white recipients than the next closest race/ethnicity group, asian (39 degrees).

3.62% of degree recipients (18 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    176 degrees awarded

  2. White Male

    135 degrees awarded

  3. Asian Female

    20 degrees awarded

The most common race/ethnicity and gender grouping at Grinnell College is white female (176 degrees awarded). There were 1.3 times more white female recipients than the next closest race/ethnicity group, white male (135 degrees).

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Operations

Grinnell College has an endowment valued at nearly $1.79B, as of the end of the 2015 fiscal year. The return on its endowment was of $8.62M (0.482%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Grinnell College had a total expenditure of $117M. Of that $117M, they spent $48.6M on salaries and $117M on benefits.

Grinnell College employs 71 Associate professors, 64 Assistant professors, and 47 Professors. Most academics at Grinnell College are Male Associate professors (45), Male Assistant professors(33), and Female Assistant professors (31).

The most common positions for non-instructional staff at Grinnell College are: Service, with 121 employees, Office and Administrative Support, with 87 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 65 employees.

Finances

Endowment

$1.79B

2015 Endowment

2.28%

decline from 2014

Grinnell College has an endowment valued at about $1.79B, as of the end of the 2015 fiscal year. The endowment of Grinnell College declined 2.28% from the previous year. The value of their endowment was $1.75B higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Grinnell 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.

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Government Grants and Contracts

Grants & Contracts

  1. $869k - Federal

  2. $54k - State

  3. $0 - Local

As of 2015, Grinnell College received $869k in grants and contracts from the federal government, $54k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$48.6M

Salary Expenditure

$117M

Benefits Expenditure

In 2015, Grinnell College had a total expenditure of $117M. Of that $117M, they spent $48.6M on salaries and $117M on benefits.

The bar chart shows the share of the primary expenses at Grinnell College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Grinnell College as a share of total expenditure.

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Salary Expenditure

$48.6M

2015 Salaries

5.13%

growth from 2014

In 2015, Grinnell College paid a median of $48.6M in salaries, which represents 41.6% of their overall expenditure ($117M) and a 5.13% growth from the previous year. This is compared to a 5.09% growth from 2013 and a 4.43% growth from 2012.

The median for similar Baccalaureate Colleges is 13.3M (38.4% of overall expenditures).

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Instructional Salaries

$17.9M

Instructional Salaries

196

Number of Employees

In 2015, Grinnell College paid a total of $17.9M to 196 employees working as instructors, which represents 36.9% of all salaries paid.

This is compared to a median of $4.52M (34%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

71 Employees

Service

Most Common Non-Instructional Employee

121 Employees

In 2016, the most common positions for instructional staff at Grinnell College were Associate professor with 71 employees; Assistant professor with 64 employees; and Assistant professor with 47 employees.

In 2016, the most common positions for non-instructional staff at Grinnell College were Service with 121 employees; Office and Administrative Support with 87 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 65 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Associate professor

  2. Male Assistant professor

  3. Female Assistant professor

In 2016, the most common demographic for instructional staff at Grinnell College was Male Associate professor with 45 employees, Male Assistant professor with 33 employees, and Female Assistant professor with 31 employees.

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

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