Hope College

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2016 Undergraduate Tuition

$31,380

3.33% growth from 2015

2016 Average Net Price

$27,734

After Financial Aid

2015 Student Loan

2.41%

Default Rate

2016 Acceptance Rate

84.4%

3,899 Applicants

2016 Enrolled Students

3,234

94% Full-Time

2016 Graduation Rate

79.5%

608 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 Psychology (97 degrees awarded), General Business Administration & Management (94 degrees), and General Biological Sciences (58 degrees).

In 2016, 963 degrees were awarded across all undergraduate and graduate programs at Hope College. 61% of these degrees were awarded to women, and 39% awarded men. The majority of degree recipients were white (835 degrees), 15.5 times more than then the next closest race/ethnicity group, hispanic or latino (54 degrees).

The median undergraduate tuition at Hope College is $31,380, which is $6,965 more than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Hope College is $31,380, which is $6,965 more than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $27,734.

In 2016, 87% of undergraduate students received federal grants, while 54% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$31,380

2016 Undergraduate Tuition

In 2016, the cost of tuition at Hope College was $31,380. The cost of tuition at Hope College is $6,965 more than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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

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Average Net Price

$27,734

2016 Value

7.26%

1 Year Growth

In 2016 Hope College had an average net price — the price paid after factoring in grants and loans — of $27,734. Between 2015 and 2016, the average net price of Hope College grew by 7.26%.

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.

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Other Student Expenses

$6,065

Room and Board

$910

Books and Supplies

The average yearly cost of room and board at Hope College was of $6,065 in 2016. During the same period, the average yearly cost of books and supplies was $910. The cost of room and board increased by 2.71% between 2015 and 2016. The cost of books and supplies increased by 1.11% during the same period.

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

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Financial Aid

Financial Aid by Income Level

87%

Of Undergraduates Receive Grants

54%

Of Undergraduates Receive Federal Loans

87% of undergraduate students at Hope College received grants or loans in 2016. This represents a growth of 0% with respect to 2015, when 87% 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.

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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.

2.41%

2015 Default Rate

16

Number of Defaults

In 2015 the default rate for borrower's at Hope College was 2.41%, which represents 16 out of the 664 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

Hope College received 3,899 undergraduate applications in 2016, which represents a 11.8% annual decline. Out of those 3,899 applicants, 3,291 students were accepted for enrollment, representing a 84.4% acceptance rate.

There were 3,234 students enrolled at Hope College in 2016, and 14% of first-time enrollees submitted SAT scores with their applications.

Hope College has an overall enrollment yield of 22%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

84.4%

Acceptance Rate in 2016

3,291

Accepted Out of 3,899

In 2016, the undergraduate acceptance rate of Hope College was 84.4% (3,291 admissions from 3,899 applications). This is higher than the acceptance rate of 2015, which was 72%. Between 2015 and 2016, the number of applicants declined by -118%, while admissions grew by 3.36%.

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

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SAT Scores

14%

Submission Percentage

101

Scores Submitted

14% of enrolled first-time students at Hope 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

Hope College has a total enrollment of 3,234 students. The full-time enrollment at Hope College is 3,039 students and the part-time enrollment is 195. This means that 94% of students enrolled at Hope College are enrolled full-time.

The enrolled student population at Hope College, both undergraduate and graduate, is 81.5% White, 8.53% Hispanic or Latino, 2.47% Black or African American, 1.95% Asian, 1.89% Two or More Races, 0.0309% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Hope College in full-time Undergraduate programs are majority White Female (50.2%), followed by White Male (31.8%) and Hispanic or Latino Female (5.23%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

94%

Full-Time Enrollment

The total enrollment at Hope College, both undergraduate and graduate, is 3,234 students. The full-time enrollment at Hope College is 3,039 and the part-time enrollment is 195. This means that 94% of students enrolled at Hope College are enrolled full-time compared with 81% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

91%

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 Hope College was 91%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    2,637

  2. Hispanic or Latino

    276

  3. Black or African American

    80

The enrolled student population at Hope College is 81.5% White, 8.53% Hispanic or Latino, 2.47% Black or African American, 1.95% Asian, 1.89% Two or More Races, 0.0309% 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, 36 students (1.11%) did not report their race.

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Graduates

In 2016, 211 more women than men received degrees from Hope College. The majority of degree recipients at Hope College are white (835 degrees awarded). There were 15.5 times more white graduates than the next closest race/ethnicity group, hispanic or latino (54 degrees).

The most common Bachelor's Degree concentration at Hope College is General Psychology (97 degrees awarded), followed by General Business Administration & Management (94 degrees) and General Biological Sciences (58 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 (19 degrees awarded), Language & Linguistics (40 degrees), and Physical Sciences (53 degrees).

Workforce

Common Jobs by Major

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 (134,231 people), Miscellaneous managers (125,762 people), Elementary & middle school teachers (114,743 people), Physicians & surgeons (90,469 people), and Lawyers, & judges, magistrates, & other judicial workers (60,160 people).

The most specialized majors at Hope College are Philosophy and Religious Studies (19 degrees awarded), Language & Linguistics (40 degrees), Physical Sciences (53 degrees), Cultural & Gender Studies (14 degrees), and Parks, Recreation, & Leisure (41 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 Hope College are Physicians & surgeons, Real estate brokers & sales agents, Chief executives & legislators, Credit counselors & loan officers, and Dentists

The most specialized majors at Hope College are Philosophy and Religious Studies (19 degrees awarded), Language & Linguistics (40 degrees), Physical Sciences (53 degrees), Cultural & Gender Studies (14 degrees), and Parks, Recreation, & Leisure (41 degrees).

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Common Industries by Major

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 (238,848 people), Elementary & secondary schools (212,675 people), Hospitals (150,438 people), Computer Systems Design (76,476 people), and Scientific research & development services (65,452 people).

The most specialized majors at Hope College are Philosophy and Religious Studies (19 degrees awarded), Language & Linguistics (40 degrees), Physical Sciences (53 degrees), Cultural & Gender Studies (14 degrees), and Parks, Recreation, & Leisure (41 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 Hope College.

Most Common

  1. 97 degrees awarded

  2. 94 degrees awarded

  3. 58 degrees awarded

In 2016, the most common bachelors degree concentration at Hope College was General Psychology with 97 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 376

  2. 587

In 2016, 376 degrees were awarded to men at Hope College, which is 0.641 times less than the number of degrees awarded to females (587).

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

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Most Common Male Majors

In 2016, 55 degrees were awarded to men at Hope College in General Business Administration & Management, which is 1.41 times more than the 39 female recipients with that same degree.

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Most Common Female Majors

In 2016, 80 degrees were awarded to women at Hope College in General Psychology, which is 4.71 times more than the 17 male recipients with that same degree.

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Time to Complete

70%

100% Completion Time

80%

150% Completion Time

In 2016, 70% 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 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (87.5%)

The student demographic with the highest graduation rate at Hope College is Female and Two or More Races (87.5% 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, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    835 degrees awarded

  2. Hispanic or Latino

    54 degrees awarded

  3. Black or African American

    19 degrees awarded

The most common race/ethnicity at Hope College is white (835 degrees awarded). There were 15.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (54 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    509 degrees awarded

  2. White Male

    326 degrees awarded

  3. Hispanic or Latino Female

    38 degrees awarded

The most common race/ethnicity and gender grouping at Hope College is white female (509 degrees awarded). There were 1.56 times more white female recipients than the next closest race/ethnicity group, white male (326 degrees).

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Operations

Hope College has an endowment valued at nearly $203M, as of the end of the 2015 fiscal year. The return on its endowment was of $5.63M (2.77%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Hope College had a total expenditure of $108M. Of that $108M, they spent $48.3M on salaries and $108M on benefits.

Hope College employs 83 Professors, 75 Assistant professors, and 69 Associate professors. Most academics at Hope College are Male Professors (57), Female Assistant professors(45), and Male Associate professors (35).

The most common positions for non-instructional staff at Hope College are: Office and Administrative Support, with 88 employees, Management, with 69 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 62 employees.

Finances

Endowment

$203M

2015 Endowment

3.73%

growth from 2014

Hope College has an endowment valued at about $203M, as of the end of the 2015 fiscal year. The endowment of Hope College grew 3.73% from the previous year. The value of their endowment was $170M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, 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.

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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.

$48.3M

Salary Expenditure

$108M

Benefits Expenditure

In 2015, Hope College had a total expenditure of $108M. Of that $108M, they spent $48.3M on salaries and $108M on benefits.

The bar chart shows the share of the primary expenses at Hope 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 Hope College as a share of total expenditure.

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Salary Expenditure

$48.3M

2015 Salaries

6.29%

growth from 2014

In 2015, Hope College paid a median of $48.3M in salaries, which represents 44.6% of their overall expenditure ($108M) and a 6.29% growth from the previous year. This is compared to a 5.72% growth from 2013 and a 2.28% growth from 2012.

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

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Instructional Salaries

$17.7M

Instructional Salaries

244

Number of Employees

In 2015, Hope College paid a total of $17.7M to 244 employees working as instructors, which represents 36.6% 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

Professor

Most Common Instructor

83 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

88 Employees

In 2016, the most common positions for instructional staff at Hope College were Professor with 83 employees; Assistant professor with 75 employees; and Assistant professor with 69 employees.

In 2016, the most common positions for non-instructional staff at Hope College were Office and Administrative Support with 88 employees; Management with 69 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 62 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Assistant professor

  3. Male Associate professor

In 2016, the most common demographic for instructional staff at Hope College was Male Professor with 57 employees, Female Assistant professor with 45 employees, and Male Associate professor with 35 employees.

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

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