Hope College

https://www.hope.edu

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2019 Undergraduate Tuition

$34,990

3.83% growth from 2018

2019 Average Net Price

$29,248

After Financial Aid

2017 Student Loan

2.12%

Default Rate

2019 Acceptance Rate

85.7%

3,748 Applicants

2019 Enrolled Students

3,056

95.5% Full-Time

2018 Graduation Rate

78.9%

711 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 (98 degrees awarded), General Psychology (84 degrees), and Registered Nursing (49 degrees).

In 2019, 838 degrees were awarded across all undergraduate and graduate programs at Hope College. 63.6% of these degrees were awarded to women, and 36.4% awarded men. The most common race/ethnicity group of degree recipients was white (704 degrees), 14.7 times more than then the next closest race/ethnicity group, hispanic or latino (48 degrees).

The median undergraduate tuition at Hope College is $34,990, which is $7,710 more than the national average for Baccalaureate Colleges ($27,280).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at Hope College is $34,990, which is $7,710 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $29,248.

In 2019, 89% of undergraduate students received federal grants, while 52% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$34,990

2019 Undergraduate Tuition

In 2019, the cost of tuition at Hope College was $34,990. The cost of tuition at Hope College is $7,710 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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

Average Net Price

$29,248

2019 Value

5.16%

1 Year Growth

In 2019 Hope College had an average net price — the price paid after factoring in grants and loans — of $29,248. Between 2018 and 2019, the average net price of Hope College grew by 5.16%.

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

$6,535

Room and Board

$950

Books and Supplies

The average yearly cost of room and board at Hope College was of $6,535 in 2019. During the same period, the average yearly cost of books and supplies was $950. The cost of room and board increased by 2.19% between 2018 and 2019. The cost of books and supplies increased by 2.15% 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

89%

Of Undergraduates Receive Grants

52%

Of Undergraduates Receive Federal Loans

89% of undergraduate students at Hope College received grants or loans in 2019. This represents a growth of 0% with respect to 2018, 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.

2.12%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Hope College was 2.12%, which represents 15 out of the 707 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 3,748 undergraduate applications in 2019, which represents a 14.1% annual decline. Out of those 3,748 applicants, 3,211 students were accepted for enrollment, representing a 85.7% acceptance rate.

There were 3,056 students enrolled at Hope College in 2019, and 76% of first-time enrollees submitted SAT scores with their applications.

Hope College has an overall enrollment yield of 21.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

85.7%

Acceptance Rate in 2019

3,211

Accepted Out of 3,748

In 2019, the undergraduate acceptance rate of Hope College was 85.7% (3,211 admissions from 3,748 applications). This is higher than the acceptance rate of 2018, which was 75.6%. Between 2018 and 2019, the number of applicants declined by −14.1%, while admissions declined by −2.64%.

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

SAT Scores

76%

Submission Percentage

521

Scores Submitted

76% of enrolled first-time students at Hope 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

Hope College has a total enrollment of 3,056 students. The full-time enrollment at Hope College is 2,917 students and the part-time enrollment is 139. This means that 95.5% of students enrolled at Hope College are enrolled full-time.

The enrolled student population at Hope College, both undergraduate and graduate, is 81.8% White, 7.56% Hispanic or Latino, 3.17% Two or More Races, 2.39% Black or African American, 2.36% Asian, 0.0327% 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 (51.1%), followed by White Male (30.9%) and Hispanic or Latino Female (4.8%). 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

95.5%

Full-Time Enrollment

The total enrollment at Hope College, both undergraduate and graduate, is 3,056 students. The full-time enrollment at Hope College is 2,917 and the part-time enrollment is 139. This means that 95.5% of students enrolled at Hope 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 Hope College (in red) compares to similar universities.

Retention Rate over Time

91%

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 Hope College was 91%. 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
2,500
Hispanic or Latino
231
Two or More Races
97

The enrolled student population at Hope College is 81.8% White, 7.56% Hispanic or Latino, 3.17% Two or More Races, 2.39% Black or African American, 2.36% Asian, 0.0327% 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% White, 14% Black or African American, and 13.1% 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, 12 students (0.393%) did not report their race.

Graduates

In 2019, 228 more women than men received degrees from Hope College. The most common race/ethnicity group of degree recipients at Hope College is white (704 degrees awarded). There were 14.7 times more white graduates than the next closest race/ethnicity group, hispanic or latino (48 degrees).

The most common Bachelor's Degree concentration at Hope College is General Business Administration & Management (98 degrees awarded), followed by General Psychology (84 degrees) and Registered Nursing (49 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 (20 degrees awarded), Language & Linguistics (38 degrees), and Physical Sciences (36 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 (194,991 people), Other managers (140,082 people), Elementary & middle school teachers (134,742 people), Lawyers, & judges, magistrates, & other judicial workers (134,272 people), and Secondary school teachers (118,815 people).

The most specialized majors at Hope College are Philosophy and Religious Studies (20 degrees awarded), Language & Linguistics (38 degrees), Physical Sciences (36 degrees), English (38 degrees), and Cultural & Gender Studies (10 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 Chief executives & legislators

Common Industries by Major

Colleges, universities & professional schools, including junior colleges

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 Colleges, universities & professional schools, including junior colleges (358,933 people), Elementary & secondary schools (353,771 people), Computer Systems Design (124,917 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (122,588 people), and Legal services (108,785 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
98 degree-majorss awarded
General Psychology
84 degree-majorss awarded
Registered Nursing
49 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Hope College was General Business Administration & Management with 98 degrees awarded.

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

Gender Breakdown for Common Majors

305

Degrees Awarded to Men

in 2019

533

Degrees Awarded to Women

in 2019

In 2019, 305 degrees were awarded to men at Hope College, which is 0.572 times less than the number of degrees awarded to females (533).

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

Most Common Male Majors

In 2019, 63 degrees were awarded to men at Hope College in General Business Administration & Management, which is 1.8 times more than the 35 female recipients with that same degree.

Most Common Female Majors

In 2019, 71 degrees were awarded to women at Hope College in General Psychology, which is 5.46 times more than the 13 male recipients with that same degree.

Time to Complete

67%

100% Completion Time

80%

150% Completion Time

In 2019, 67% of students graduating from Hope College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 80% completed their degrees within 150% of the normal time, and 81% 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.

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 (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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
704 degrees awarded
Hispanic or Latino
48 degrees awarded
Asian
21 degrees awarded

The most common race/ethnicity at Hope College is white (704 degrees awarded). There were 14.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (48 degrees).

0.477% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
453 degrees awarded
White Male
251 degrees awarded
Hispanic or Latino Female
31 degrees awarded

The most common race/ethnicity and gender grouping at Hope College is white female (453 degrees awarded). There were 1.8 times more white female recipients than the next closest race/ethnicity group, white male (251 degrees).

Operations

Hope College has an endowment valued at nearly $232M, as of the end of the 2019 fiscal year. The return on its endowment was of $7.31M (3.15%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Hope College had a total salary expenditure of $119M. Hope College employs 80 Professors, 72 Assistant professors, and 68 Associate professors. Most academics at Hope College are Male Professors (52), Female Assistant professors(41), and Female Associate professors (35).

The most common positions for non-instructional staff at Hope College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 79 employees, Office and Administrative Support, with 79 employees, and Service with 68 employees.

Finances

Endowment

$232M

2019 Endowment

2.92%

growth from 2018

Hope College has an endowment valued at about $232M, as of the end of the 2019 fiscal year. The endowment of Hope College grew 2.92% from the previous year. The value of their endowment was $192M 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 2019, 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

$52.7M

2019 Salaries

3.14%

growth from 2018

In 2019, Hope College paid a median of $52.7M in salaries, which represents 44.3% of their overall expenditure ($119M) and a 3.14% growth from the previous year. This is compared to a 3.59% decline from 2017 and a 4.03% growth from 2016.

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

Instructional Salaries

$17.8M

Instructional Salaries

231

Number of Employees

In 2019, Hope College paid a total of $17.8M to 231 employees working as instructors, which represents 33.7% 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

80 Employees

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

Most Common Non-Instructional Employee

79 Employees

In 2019, the most common positions for instructional staff at Hope College were Professor with 80 employees; Assistant professor with 72 employees; and Assistant professor with 68 employees.

In 2019, the most common positions for non-instructional staff at Hope College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 79 employees; Office and Administrative Support with 79 employees; and Service with 68 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 Hope College was Male Professor with 52 employees, Female Assistant professor with 41 employees, and Female Associate professor with 35 employees.

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

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