Hope College

www.hope.edu

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2020 Undergraduate Tuition

$36,300

3.74% growth from 2019

2020 Average Net Price

$30,320

After Financial Aid

2018 Student Loan

2.44%

Default Rate

2020 Acceptance Rate

77.8%

3,907 Applicants

2020 Enrolled Students

3,061

95% Full-Time

2020 Graduation Rate

75.5%

627 Graduates

About

Hope College is a higher education institution located in Ottawa County, MI. In 2016, the most popular Bachelor's Degree concentrations at Hope College were General Business Administration & Management (94 degrees awarded), General Psychology (87 degrees), and General Engineering (57 degrees).

In 2020, 816 degrees were awarded across all undergraduate and graduate programs at Hope College. 63.1% of these degrees were awarded to women, and 36.9% awarded men. The most common race/ethnicity group of degree recipients was white (667 degrees), 9.81 times more than then the next closest race/ethnicity group, hispanic or latino (68 degrees).

The median undergraduate tuition at Hope College is $36,300, which is $7,900 more than the national average for Baccalaureate Colleges ($28,400).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at Hope College is $36,300, which is $7,900 more than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $30,320.

In 2020, 93% of undergraduate students received federal grants, while 52% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$36,300

2020 Undergraduate Tuition

In 2020, the cost of tuition at Hope College was $36,300. The cost of tuition at Hope College is $7,900 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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

Average Net Price

$30,320

2020 Value

3.67%

1 Year Growth

In 2020 Hope College had an average net price — the price paid after factoring in grants and loans — of $30,320. Between 2019 and 2020, the average net price of Hope College grew by 3.67%.

This chart compares the average net price of Hope 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

$6,785

Room and Board

$980

Books and Supplies

The average yearly cost of room and board at Hope College was of $6,785 in 2020. During the same period, the average yearly cost of books and supplies was $980. The cost of room and board increased by 3.83% between 2019 and 2020. The cost of books and supplies increased by 3.16% during the same period.

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

Financial Aid

Financial Aid by Income Level

93%

Of Undergraduates Receive Grants

52%

Of Undergraduates Receive Federal Loans

93% of undergraduate students at Hope College received grants or loans in 2020. This represents a growth of 4.49% with respect to 2019, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Hope 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.

2.44%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Hope College was 2.44%, which represents 15 out of the 616 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

Hope College received 3,907 undergraduate applications in 2020, which represents a 4.24% annual growth. Out of those 3,907 applicants, 3,041 students were accepted for enrollment, representing a 77.8% acceptance rate.

There were 3,061 students enrolled at Hope College in 2020, and 71% of first-time enrollees submitted SAT scores with their applications.

Hope College has an overall enrollment yield of 25.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

77.8%

Acceptance Rate in 2020

3,041

Accepted Out of 3,907

In 2020, the undergraduate acceptance rate of Hope College was 77.8% (3,041 admissions from 3,907 applications). This is lower than the acceptance rate of 2019, which was 85.7%. Between 2019 and 2020, the number of applicants grew by 4.24%, while admissions declined by −5.29%.

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

SAT Scores

71%

Submission Percentage

553

Scores Submitted

71% of enrolled first-time students at Hope College in 2020 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

Hope College has a total enrollment of 3,061 students. The full-time enrollment at Hope College is 2,908 students and the part-time enrollment is 153. This means that 95% of students enrolled at Hope College are enrolled full-time.

The enrolled student population at Hope College, both undergraduate and graduate, is 81.9% White, 7.22% Hispanic or Latino, 3.3% Two or More Races, 2.74% Black or African American, 2.19% Asian, 0.0653% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Hope College in full-time Undergraduate programs are most commonly White Female (52.1%), followed by White Male (30.1%) and Hispanic or Latino Female (4.57%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

95%

Full-Time Enrollment

The total enrollment at Hope College, both undergraduate and graduate, is 3,061 students. The full-time enrollment at Hope College is 2,908 and the part-time enrollment is 153. This means that 95% of students enrolled at Hope College are enrolled full-time compared with 80.1% at similar Baccalaureate Colleges.

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

Retention Rate over Time

87%

2020 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 Hope College was 87%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Hope College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
2,506
Hispanic or Latino
221
Two or More Races
101

The enrolled student population at Hope College is 81.9% White, 7.22% Hispanic or Latino, 3.3% Two or More Races, 2.74% Black or African American, 2.19% Asian, 0.0653% 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 54.8% White, 13.8% Black or African American, and 13.4% 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, 14 students (0.457%) did not report their race.

Graduates

In 2020, 214 more women than men received degrees from Hope College. The most common race/ethnicity group of degree recipients at Hope College is white (667 degrees awarded). There were 9.81 times more white graduates than the next closest race/ethnicity group, hispanic or latino (68 degrees).

The most common Bachelor's Degree concentration at Hope College is General Business Administration & Management (94 degrees awarded), followed by General Psychology (87 degrees) and General Engineering (57 degrees).

The most specialized majors across all degree types at Hope College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (18 degrees awarded), Language & Linguistics (28 degrees), and Cultural & Gender Studies (10 degrees).

Workforce

Common Jobs by Major

Postsecondary teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Hope College are Postsecondary teachers (186,838 people), Other managers (169,680 people), Elementary & middle school teachers (147,676 people), Physicians (119,956 people), and Lawyers, & judges, magistrates, & other judicial workers (109,941 people).

The most specialized majors at Hope College are Philosophy and Religious Studies (18 degrees awarded), Language & Linguistics (28 degrees), Cultural & Gender Studies (10 degrees), Psychology (87 degrees), and Physical Sciences (22 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 Hope College are Securities, commodities, & financial services sales agents, Surgeons, Dentists, Physicians, and Computer hardware engineers

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 Hope College are Elementary & secondary schools (466,260 people), Colleges, universities & professional schools, including junior colleges (382,110 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (233,910 people), Outpatient care centers (155,871 people), and Computer Systems Design (132,188 people).

Degrees

Majors Awarded

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

Most Common

General Business Administration & Management
94 degree-majorss awarded
General Psychology
87 degree-majorss awarded
General Engineering
57 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Hope College was General Business Administration & Management with 94 degrees awarded.

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

Sex Breakdown for Common Majors

301

Degrees Awarded to Men

in 2020

515

Degrees Awarded to Women

in 2020

In 2020, 301 degrees were awarded to men at Hope College, which is 0.584 times less than the number of degrees awarded to females (515).

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

Most Common Male Majors

In 2020, 56 degrees were awarded to men at Hope College in General Business Administration & Management, which is 1.47 times more than the 38 female recipients with that same degree.

Most Common Female Majors

In 2020, 70 degrees were awarded to women at Hope College in General Psychology, which is 4.12 times more than the 17 male recipients with that same degree.

Time to Complete

70%

100% Completion Time

79%

150% Completion Time

In 2020, 70% of students graduating from Hope College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 79% completed their degrees within 150% of the normal time, and 80% 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 Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Hope College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.4%).

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, 0.159% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
667 degrees awarded
Hispanic or Latino
68 degrees awarded
Asian
19 degrees awarded

The most common race/ethnicity at Hope College is white (667 degrees awarded). There were 9.81 times more white recipients than the next closest race/ethnicity group, hispanic or latino (68 degrees).

0.49% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
411 degrees awarded
White Male
256 degrees awarded
Hispanic or Latino Female
49 degrees awarded

The most common race/ethnicity and sex grouping at Hope College is white female (411 degrees awarded). There were 1.61 times more white female recipients than the next closest race/ethnicity group, white male (256 degrees).

Operations

Hope College has an endowment valued at nearly $228M, as of the end of the 2020 fiscal year. The return on its endowment was of $−NaNM (−0.728%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Hope College had a total salary expenditure of $115M. Hope College employs 88 Assistant professors, 70 Professors, and 68 Associate professors. Most academics at Hope College are Female Assistant professors (56), Male Professors(44), and Male Associate professors (34).

The most common positions for non-instructional staff at Hope College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 80 employees, Office and Administrative Support, with 76 employees, and Service with 66 employees.

Finances

Endowment

$228M

2020 Endowment

1.75%

decline from 2019

Hope College has an endowment valued at about $228M, as of the end of the 2020 fiscal year. The endowment of Hope College declined 1.75% from the previous year. The value of their endowment was $188M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Hope 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

$0 - Federal
$0 - State
$0 - Local

As of 2020, Hope College received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$53.7M

2020 Salaries

1.93%

growth from 2019

In 2020, Hope College paid a median of $53.7M in salaries, which represents 46.8% of their overall expenditure ($115M) and a 1.93% growth from the previous year. This is compared to a 3.14% growth from 2018 and a 3.59% decline from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

Instructional Salaries

$17M

Instructional Salaries

226

Number of Employees

In 2020, Hope College paid a total of $17M to 226 employees working as instructors, which represents 31.6% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

88 Employees

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

Most Common Non-Instructional Employee

80 Employees

In 2020, the most common positions for instructional staff at Hope College were Assistant professor with 88 employees; Professor with 70 employees; and Professor with 68 employees.

In 2020, the most common positions for non-instructional staff at Hope College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 80 employees; Office and Administrative Support with 76 employees; and Service with 66 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Female Assistant professor
Male Professor
Male Associate professor

In 2020, the most common demographic for instructional staff at Hope College was Female Assistant professor with 56 employees, Male Professor with 44 employees, and Male Associate professor with 34 employees.

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

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