Lafayette College

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2016 Undergraduate Tuition

$48,450

3.99% growth from 2015

2016 Average Net Price

$26,208

After Financial Aid

2015 Student Loan

1.71%

Default Rate

2016 Acceptance Rate

28.3%

8,123 Applicants

2016 Enrolled Students

2,550

98.2% Full-Time

2016 Graduation Rate

89%

577 Graduates

About

Lafayette College is a higher education institution located in Northampton County, PA. In 2016, the most popular Bachelor's Degree concentrations at Lafayette College were General Economics (125 degrees awarded), General Political Science & Government (50 degrees), and General Psychology (48 degrees).

In 2016, 723 degrees were awarded across all undergraduate and graduate programs at Lafayette College. 47.7% of these degrees were awarded to women, and 52.3% awarded men. The majority of degree recipients were white (489 degrees), 6.04 times more than then the next closest race/ethnicity group, unknown (81 degrees).

The median undergraduate tuition at Lafayette College is $48,450, which is $24,035 more than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Lafayette College is $48,450, which is $24,035 more than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $26,208.

In 2016, 50% of undergraduate students received federal grants, while 32% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$48,450

2016 Undergraduate Tuition

In 2016, the cost of tuition at Lafayette College was $48,450. The cost of tuition at Lafayette College is $24,035 more than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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

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Average Net Price

$26,208

2016 Value

4.86%

1 Year Growth

In 2016 Lafayette College had an average net price — the price paid after factoring in grants and loans — of $26,208. Between 2015 and 2016, the average net price of Lafayette College grew by 4.86%.

This chart compares the average net price of Lafayette 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

$13,920

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Lafayette College was of $13,920 in 2016. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 2.96% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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

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Financial Aid

Financial Aid by Income Level

50%

Of Undergraduates Receive Grants

32%

Of Undergraduates Receive Federal Loans

50% of undergraduate students at Lafayette College received grants or loans in 2016. This represents a decline of 5.66% with respect to 2015, when 53% of undergraduate students received financial aid.

This chart compares the average award discount at Lafayette 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.

1.71%

2015 Default Rate

6

Number of Defaults

In 2015 the default rate for borrower's at Lafayette College was 1.71%, which represents 6 out of the 351 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

Lafayette College received 8,123 undergraduate applications in 2016, which represents a 8.81% annual growth. Out of those 8,123 applicants, 2,298 students were accepted for enrollment, representing a 28.3% acceptance rate.

There were 2,550 students enrolled at Lafayette College in 2016, and 67% of first-time enrollees submitted SAT scores with their applications.

Lafayette College has an overall enrollment yield of 28.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

28.3%

Acceptance Rate in 2016

2,298

Accepted Out of 8,123

In 2016, the undergraduate acceptance rate of Lafayette College was 28.3% (2,298 admissions from 8,123 applications). This is lower than the acceptance rate of 2015, which was 30.2%. Between 2015 and 2016, the number of applicants grew by 8.81%, while admissions grew by 1.77%.

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

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SAT Scores

67%

Submission Percentage

438

Scores Submitted

67% of enrolled first-time students at Lafayette 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

Lafayette College has a total enrollment of 2,550 students. The full-time enrollment at Lafayette College is 2,505 students and the part-time enrollment is 45. This means that 98.2% of students enrolled at Lafayette College are enrolled full-time.

The enrolled student population at Lafayette College, both undergraduate and graduate, is 65.3% White, 6.43% Hispanic or Latino, 5.33% Black or African American, 4.24% Asian, 2.12% Two or More Races, 0.0392% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Lafayette College in full-time Undergraduate programs are majority White Female (33.1%), followed by White Male (32.6%) and Hispanic or Latino Female (3.59%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.2%

Full-Time Enrollment

The total enrollment at Lafayette College, both undergraduate and graduate, is 2,550 students. The full-time enrollment at Lafayette College is 2,505 and the part-time enrollment is 45. This means that 98.2% of students enrolled at Lafayette College are enrolled full-time compared with 81% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

94%

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 Lafayette College was 94%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Lafayette College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,665

  2. Hispanic or Latino

    164

  3. Black or African American

    136

The enrolled student population at Lafayette College is 65.3% White, 6.43% Hispanic or Latino, 5.33% Black or African American, 4.24% Asian, 2.12% Two or More Races, 0.0392% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native. 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, 158 students (6.2%) did not report their race.

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Graduates

In 2016, 33 fewer women than men received degrees from Lafayette College. The majority of degree recipients at Lafayette College are white (489 degrees awarded). There were 6.04 times more white graduates than the next closest race/ethnicity group, unknown (81 degrees).

The most common Bachelor's Degree concentration at Lafayette College is General Economics (125 degrees awarded), followed by General Political Science & Government (50 degrees) and General Psychology (48 degrees).

The most specialized majors across all degree types at Lafayette College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Social Sciences (254 degrees awarded), Cultural & Gender Studies (14 degrees), and Philosophy and Religious Studies (13 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 Lafayette College are Miscellaneous managers (577,119 people), Software developers, applications & systems software (373,893 people), Lawyers, & judges, magistrates, & other judicial workers (353,560 people), Miscellaneous engineers, including nuclear engineers (303,227 people), and Civil engineers (232,661 people).

The most specialized majors at Lafayette College are Social Sciences (254 degrees awarded), Cultural & Gender Studies (14 degrees), Philosophy and Religious Studies (13 degrees), Engineering (127 degrees), and Language & Linguistics (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 Lafayette College are Economists, Physicians & surgeons, Real estate brokers & sales agents, Chief executives & legislators, and Sales engineers

The most specialized majors at Lafayette College are Social Sciences (254 degrees awarded), Cultural & Gender Studies (14 degrees), Philosophy and Religious Studies (13 degrees), Engineering (127 degrees), and Language & Linguistics (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 Lafayette College are Computer Systems Design (489,741 people), Architectural, engineering & related services (428,015 people), Colleges, universities & professional schools, including junior colleges (420,584 people), Elementary & secondary schools (391,818 people), and Construction (293,530 people).

The most specialized majors at Lafayette College are Social Sciences (254 degrees awarded), Cultural & Gender Studies (14 degrees), Philosophy and Religious Studies (13 degrees), Engineering (127 degrees), and Language & Linguistics (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 Lafayette College.

Most Common

  1. 125 degrees awarded

  2. 50 degrees awarded

  3. 48 degrees awarded

In 2016, the most common bachelors degree concentration at Lafayette College was General Economics with 125 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 378

  2. 345

In 2016, 378 degrees were awarded to men at Lafayette College, which is 1.1 times more than the number of degrees awarded to females (345).

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

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Most Common Male Majors

In 2016, 83 degrees were awarded to men at Lafayette College in General Economics, which is 1.98 times more than the 42 female recipients with that same degree.

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Most Common Female Majors

In 2016, 42 degrees were awarded to women at Lafayette College in General Economics, which is 0.506 times less than the 83 male recipients with that same degree.

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Time to Complete

88%

100% Completion Time

90%

150% Completion Time

In 2016, 88% of students graduating from Lafayette College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 90% completed their degrees within 150% of the normal time, and 91% 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.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Lafayette College is Female and Asian (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, 13.2% of graduates (76 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    489 degrees awarded

  2. Unknown

    81 degrees awarded

  3. Hispanic or Latino

    39 degrees awarded

The most common race/ethnicity at Lafayette College is white (489 degrees awarded). There were 6.04 times more white recipients than the next closest race/ethnicity group, unknown (81 degrees).

11.2% of degree recipients (81 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    263 degrees awarded

  2. White Female

    226 degrees awarded

  3. Hispanic or Latino Female

    22 degrees awarded

The most common race/ethnicity and gender grouping at Lafayette College is white male (263 degrees awarded). There were 1.16 times more white male recipients than the next closest race/ethnicity group, white female (226 degrees).

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Operations

Lafayette College has an endowment valued at nearly $809M, as of the end of the 2015 fiscal year. The return on its endowment was of $7.48M (0.924%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Lafayette College had a total expenditure of $153M. Of that $153M, they spent $60.8M on salaries and $153M on benefits.

Lafayette College employs 82 Assistant professors, 73 Professors, and 71 Associate professors. Most academics at Lafayette College are Male Professors (49), Male Associate professors(49), and Male Assistant professors (47).

The most common positions for non-instructional staff at Lafayette College are: Service, with 97 employees, Office and Administrative Support, with 96 employees, and Management with 81 employees.

Finances

Endowment

$809M

2015 Endowment

2.85%

decline from 2014

Lafayette College has an endowment valued at about $809M, as of the end of the 2015 fiscal year. The endowment of Lafayette College declined 2.85% from the previous year. The value of their endowment was $775M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lafayette 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. $1.43M - Federal

  2. $99.1k - State

  3. $100k - Local

As of 2015, Lafayette College received $1.43M in grants and contracts from the federal government, $99.1k from state grants and contracts, and $100k 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.

$60.8M

Salary Expenditure

$153M

Benefits Expenditure

In 2015, Lafayette College had a total expenditure of $153M. Of that $153M, they spent $60.8M on salaries and $153M on benefits.

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

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Salary Expenditure

$60.8M

2015 Salaries

2.35%

growth from 2014

In 2015, Lafayette College paid a median of $60.8M in salaries, which represents 39.8% of their overall expenditure ($153M) and a 2.35% growth from the previous year. This is compared to a 3.86% growth from 2013 and a 5.18% growth from 2012.

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

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Instructional Salaries

$23.8M

Instructional Salaries

234

Number of Employees

In 2015, Lafayette College paid a total of $23.8M to 234 employees working as instructors, which represents 39.1% 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

Assistant professor

Most Common Instructor

82 Employees

Service

Most Common Non-Instructional Employee

97 Employees

In 2016, the most common positions for instructional staff at Lafayette College were Assistant professor with 82 employees; Professor with 73 employees; and Professor with 71 employees.

In 2016, the most common positions for non-instructional staff at Lafayette College were Service with 97 employees; Office and Administrative Support with 96 employees; and Management with 81 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Male Assistant professor

In 2016, the most common demographic for instructional staff at Lafayette College was Male Professor with 49 employees, Male Associate professor with 49 employees, and Male Assistant professor with 47 employees.

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

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