Louisburg College

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2016 Undergraduate Tuition

$15,388

3.78% growth from 2015

2016 Average Net Price

$17,351

After Financial Aid

2015 Student Loan

28%

Default Rate

2016 Acceptance Rate

74.8%

1,108 Applicants

2016 Enrolled Students

687

97.8% Full-Time

2016 Graduation Rate

16%

55 Graduates

About

Louisburg College is a higher education institution located in Franklin County, NC. In 2016, the most popular Bachelor's Degree concentrations at Louisburg College were .

In 2016, 119 degrees were awarded across all undergraduate and graduate programs at Louisburg College. 40.3% of these degrees were awarded to women, and 59.7% awarded men. The majority of degree recipients were black or african american (53 degrees), 1.2 times more than then the next closest race/ethnicity group, white (44 degrees).

The median undergraduate tuition at Louisburg College is $15,388, which is $8,068 more than the national average for Associates Colleges ($7,320).

Costs

The median undergraduate tuition at Louisburg College is $15,388, which is $8,068 more than the national average for Associates Colleges ($7,320).

After taking grants and loans into account, the average net price for students is $17,351.

In 2016, 98% of undergraduate students received federal grants, while 85% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$15,388

2016 Undergraduate Tuition

In 2016, the cost of tuition at Louisburg College was $15,388. The cost of tuition at Louisburg College is $8,068 more than than the overall (public and private) national average for Associates Colleges ($7,320).

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

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Average Net Price

$17,351

2016 Value

5.39%

1 Year Growth

In 2016 Louisburg College had an average net price — the price paid after factoring in grants and loans — of $17,351. Between 2015 and 2016, the average net price of Louisburg College grew by 5.39%.

This chart compares the average net price of Louisburg 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

$8,500

Room and Board

$300

Books and Supplies

The average yearly cost of room and board at Louisburg College was of $8,500 in 2016. During the same period, the average yearly cost of books and supplies was $300. The cost of room and board increased by 2.48% 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 Louisburg College (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

98%

Of Undergraduates Receive Grants

85%

Of Undergraduates Receive Federal Loans

98% of undergraduate students at Louisburg College received grants or loans in 2016. This represents a growth of 0% with respect to 2015, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at Louisburg 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.

28%

2015 Default Rate

129

Number of Defaults

In 2015 the default rate for borrower's at Louisburg College was 28%, which represents 129 out of the 460 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

Louisburg College received 1,108 undergraduate applications in 2016, which represents a 6.97% annual decline. Out of those 1,108 applicants, 829 students were accepted for enrollment, representing a 74.8% acceptance rate.

There were 687 students enrolled at Louisburg College in 2016, and 57% of first-time enrollees submitted SAT scores with their applications.

Louisburg College has an overall enrollment yield of 41%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.8%

Acceptance Rate in 2016

829

Accepted Out of 1,108

In 2016, the undergraduate acceptance rate of Louisburg College was 74.8% (829 admissions from 1,108 applications). This is lower than the acceptance rate of 2015, which was 78.3%. Between 2015 and 2016, the number of applicants declined by -6.97%, while admissions declined by -111%.

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

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SAT Scores

57%

Submission Percentage

228

Scores Submitted

57% of enrolled first-time students at Louisburg 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

Louisburg College has a total enrollment of 687 students. The full-time enrollment at Louisburg College is 672 students and the part-time enrollment is 15. This means that 97.8% of students enrolled at Louisburg College are enrolled full-time.

The enrolled student population at Louisburg College, both undergraduate and graduate, is 56.2% Black or African American, 24% White, 6.4% Two or More Races, 0.873% Asian, 0.291% Native Hawaiian or Other Pacific Islanders, 0.291% American Indian or Alaska Native, and 0.146% Hispanic or Latino.

Students enrolled at Louisburg College in full-time Undergraduate programs are majority Black or African American Male (35.6%), followed by Black or African American Female (20.5%) and White Male (15.9%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

97.8%

Full-Time Enrollment

The total enrollment at Louisburg College, both undergraduate and graduate, is 687 students. The full-time enrollment at Louisburg College is 672 and the part-time enrollment is 15. This means that 97.8% of students enrolled at Louisburg College are enrolled full-time compared with 36.5% at similar Associates Colleges.

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

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Retention Rate over Time

53%

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 Louisburg College was 53%. Compared with the full-time retention rate at similar Associates Colleges (60%), Louisburg College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. Black or African American

    386

  2. White

    165

  3. Two or More Races

    44

The enrolled student population at Louisburg College is 56.2% Black or African American, 24% White, 6.4% Two or More Races, 0.873% Asian, 0.291% Native Hawaiian or Other Pacific Islanders, 0.291% American Indian or Alaska Native, and 0.146% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 46.8% White, 24.4% Hispanic or Latino, and 13% Black or African American.

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, 77 students (11.2%) did not report their race.

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Graduates

In 2016, 23 fewer women than men received degrees from Louisburg College. The majority of degree recipients at Louisburg College are black or african american (53 degrees awarded). There were 1.2 times more black or african american graduates than the next closest race/ethnicity group, white (44 degrees).

The most common Bachelor's Degree concentration at Louisburg College is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Louisburg College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Liberal Arts & Humanities (98 degrees awarded), Biology (16 degrees), and Business (5 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 Louisburg College are Accountants & auditors (1,079,447 people), Miscellaneous managers (773,267 people), Financial managers (419,671 people), Physicians & surgeons (409,193 people), and Chief executives & legislators (325,683 people).

The most specialized majors at Louisburg College are Liberal Arts & Humanities (98 degrees awarded), Biology (16 degrees), and Business (5 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 Louisburg College are Physicians & surgeons, Securities, commodities, & financial services sales agents, Chief executives & legislators, Other Sales Workers, and Radiation therapists

The most specialized majors at Louisburg College are Liberal Arts & Humanities (98 degrees awarded), Biology (16 degrees), and Business (5 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 Louisburg College are Hospitals (736,864 people), Elementary & secondary schools (617,344 people), Insurance carriers & related activities (533,380 people), Colleges, universities & professional schools, including junior colleges (510,345 people), and Banking & related activities (480,618 people).

The most specialized majors at Louisburg College are Liberal Arts & Humanities (98 degrees awarded), Biology (16 degrees), and Business (5 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 Louisburg College.

Most Common

  1. N/A

    N/A degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In N/A, the most common bachelors degree concentration at Louisburg College was N/A with N/A degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 71

  2. 48

In 2016, 71 degrees were awarded to men at Louisburg College, which is 1.48 times more than the number of degrees awarded to females (48).

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

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Most Common Male Majors

In N/A, 60 degrees were awarded to men at Louisburg College in Liberal Arts & Sciences, which is 1.58 times more than the 38 female recipients with that same degree.

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Most Common Female Majors

In N/A, 38 degrees were awarded to women at Louisburg College in Liberal Arts & Sciences, which is 0.633 times less than the 60 male recipients with that same degree.

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Time to Complete

18%

100% Completion Time

21%

150% Completion Time

In 2016, 18% of students graduating from Louisburg College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 21% completed their degrees within 150% of the normal time, and 21% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates 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 Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Louisburg College is Male and Asian (100% graduation rate). Across all Associates 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, 9.09% of graduates (5 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. Black or African American

    53 degrees awarded

  2. White

    44 degrees awarded

  3. Unknown

    13 degrees awarded

The most common race/ethnicity at Louisburg College is black or african american (53 degrees awarded). There were 1.2 times more black or african american recipients than the next closest race/ethnicity group, white (44 degrees).

10.9% of degree recipients (13 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. Black or African American Male

    30 degrees awarded

  2. White Male

    28 degrees awarded

  3. Black or African American Female

    23 degrees awarded

The most common race/ethnicity and gender grouping at Louisburg College is black or african american male (30 degrees awarded). There were 1.07 times more black or african american male recipients than the next closest race/ethnicity group, white male (28 degrees).

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Operations

Louisburg College has an endowment valued at nearly $14.3M, as of the end of the 2015 fiscal year. The return on its endowment was of $429k (3%), compared to the 1.4% average return ($43.5k on $3.12M) across all Associates Colleges.

In 2015, Louisburg College had a total expenditure of $16.1M. Of that $16.1M, they spent $5.78M on salaries and $16.1M on benefits.

Louisburg College employs 13 Instructors, 13 Assistant professors, and 7 Associate professors. Most academics at Louisburg College are Female Instructors (11), Male Assistant professors(7), and Female Assistant professors (6).

The most common positions for non-instructional staff at Louisburg College are: Office and Administrative Support, with 24 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 20 employees, and Management with 13 employees.

Finances

Endowment

$14.3M

2015 Endowment

3.12%

growth from 2014

Louisburg College has an endowment valued at about $14.3M, as of the end of the 2015 fiscal year. The endowment of Louisburg College grew 3.12% from the previous year. The value of their endowment was $11.2M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Louisburg College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-High Traditional Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $345k - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Louisburg College received $345k 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.

$5.78M

Salary Expenditure

$16.1M

Benefits Expenditure

In 2015, Louisburg College had a total expenditure of $16.1M. Of that $16.1M, they spent $5.78M on salaries and $16.1M on benefits.

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

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Expenditure by Category

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

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Salary Expenditure

$5.78M

2015 Salaries

12.9%

decline from 2014

In 2015, Louisburg College paid a median of $5.78M in salaries, which represents 35.8% of their overall expenditure ($16.1M) and a 12.9% decline from the previous year. This is compared to a 34.7% growth from 2013 and a 2.62% growth from 2012.

The median for similar Associates Colleges is 14.3M (44.1% of overall expenditures).

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Instructional Salaries

$1.29M

Instructional Salaries

30

Number of Employees

In 2015, Louisburg College paid a total of $1.29M to 30 employees working as instructors, which represents 22.3% of all salaries paid.

This is compared to a median of $4.44M (31%) for similar Associates Colleges.

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Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

13 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

24 Employees

In 2016, the most common positions for instructional staff at Louisburg College were Instructor with 13 employees; Assistant professor with 13 employees; and Assistant professor with 7 employees.

In 2016, the most common positions for non-instructional staff at Louisburg College were Office and Administrative Support with 24 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 20 employees; and Management with 13 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Instructor

  2. Male Assistant professor

  3. Female Assistant professor

In 2016, the most common demographic for instructional staff at Louisburg College was Female Instructor with 11 employees, Male Assistant professor with 7 employees, and Female Assistant professor with 6 employees.

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

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