Louisburg College

www.louisburg.edu/

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2020 Undergraduate Tuition

$16,975

2.88% growth from 2019

2020 Average Net Price

$18,157

After Financial Aid

2018 Student Loan

22.5%

Default Rate

2020 Acceptance Rate

82.5%

952 Applicants

2020 Enrolled Students

490

98.2% Full-Time

2020 Graduation Rate

21%

81 Graduates

About

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

In 2020, 69 degrees were awarded across all undergraduate and graduate programs at Louisburg College. 43.5% of these degrees were awarded to women, and 56.5% awarded men. The most common race/ethnicity group of degree recipients was black or african american (30 degrees), 1.03 times more than then the next closest race/ethnicity group, white (29 degrees).

The median undergraduate tuition at Louisburg College is $16,975, which is $8,995 more than the national average for Associates Colleges ($7,980).

Costs

The median undergraduate tuition at Louisburg College is $16,975, which is $8,995 more than the national average for Associates Colleges ($7,980).

After taking grants and loans into account, the average net price for students is $18,157.

In 2020, 96% of undergraduate students attending Louisburg College received financial aid through grants. Comparatively, 88% of undergraduate students received financial aid through loans.

Tuition Costs

$16,975

2020 Undergraduate Tuition

In 2020, the cost of tuition at Louisburg College was $16,975. The cost of tuition at Louisburg College is $8,995 more than than the overall (public and private) national average for Associates Colleges ($7,980).

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

Average Net Price

$18,157

2020 Value

23.9%

1 Year Growth

In 2020 Louisburg College had an average net price — the price paid after factoring in grants and loans — of $18,157. Between 2019 and 2020, the average net price of Louisburg College grew by 23.9%.

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.

Other Student Expenses

$8,583

Room and Board

$300

Books and Supplies

The average yearly cost of room and board at Louisburg College was of $8,583 in 2020. During the same period, the average yearly cost of books and supplies was $300. The cost of room and board increased by 0.976% between 2019 and 2020. 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.

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

88%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Louisburg College received financial aid through grants or loans in 2020. This represents a decline of 3.03% with respect to 2019, when 99% 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.

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.

22.5%

2018 Default Rate

103

Number of Defaults

In 2018 the default rate for borrower's at Louisburg College was 22.5%, which represents 103 out of the 457 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

Louisburg College received 952 undergraduate applications in 2020, which represents a 18.3% annual decline. Out of those 952 applicants, 785 students were accepted for enrollment, representing a 82.5% acceptance rate.

There were 490 students enrolled at Louisburg College in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Louisburg College has an overall enrollment yield of 32%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

82.5%

Acceptance Rate in 2020

785

Accepted Out of 952

In 2020, the undergraduate acceptance rate of Louisburg College was 82.5% (785 admissions from 952 applications). This is higher than the acceptance rate of 2019, which was 59.7%. Between 2019 and 2020, the number of applicants declined by −18.3%, while admissions grew by 12.8%.

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

SAT Scores

N/A%

Submission Percentage

Scores Submitted

N/A% of enrolled first-time students at Louisburg 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

Louisburg College has a total enrollment of 490 students. The full-time enrollment at Louisburg College is 481 students and the part-time enrollment is 9. This means that 98.2% of students enrolled at Louisburg College are enrolled full-time.

The enrolled student population at Louisburg College, both undergraduate and graduate, is 53.3% Black or African American, 22.9% White, 4.69% Two or More Races, 0.816% Asian, 0.612% American Indian or Alaska Native, 0.204% Native Hawaiian or Other Pacific Islanders, and 0% Hispanic or Latino.

Students enrolled at Louisburg College in full-time Undergraduate programs are most commonly Black or African American Male (37.6%), followed by Black or African American Female (15%) and White Male (12.5%). 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

98.2%

Full-Time Enrollment

The total enrollment at Louisburg College, both undergraduate and graduate, is 490 students. The full-time enrollment at Louisburg College is 481 and the part-time enrollment is 9. This means that 98.2% of students enrolled at Louisburg College are enrolled full-time compared with 34.4% at similar Associates Colleges.

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

Retention Rate over Time

56%

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 Louisburg College was 56%. 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

Black or African American
261
White
112
Two or More Races
23

The enrolled student population at Louisburg College is 53.3% Black or African American, 22.9% White, 4.69% Two or More Races, 0.816% Asian, 0.612% American Indian or Alaska Native, 0.204% Native Hawaiian or Other Pacific Islanders, and 0% 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 44.5% White, 26.8% Hispanic or Latino, and 12.2% Black or African American.

Graduates

In 2020, 9 fewer women than men received degrees from Louisburg College. The most common race/ethnicity group of degree recipients at Louisburg College is black or african american (30 degrees awarded). There were 1.03 times more black or african american graduates than the next closest race/ethnicity group, white (29 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 (54 degrees awarded), Biology (7 degrees), and Education (3 degrees).

Common Jobs by Major

Elementary & middle school teachers

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 Elementary & middle school teachers (1,919,047 people), Accountants & auditors (1,063,611 people), Other managers (747,383 people), Financial managers (465,576 people), and Secondary school teachers (449,564 people).

The most specialized majors at Louisburg College are Liberal Arts & Humanities (54 degrees awarded), Biology (7 degrees), Education (3 degrees), and Business (5 degrees).

Highest Paying Jobs by Major

Surgeons

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 Surgeons, Skincare specialists, Broadcast announcers and radio disc jockeys, Physicians, and Podiatrists

The most specialized majors at Louisburg College are Liberal Arts & Humanities (54 degrees awarded), Biology (7 degrees), Education (3 degrees), and Business (5 degrees).

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 Louisburg College are Elementary & secondary schools (3,211,530 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (789,130 people), Colleges, universities & professional schools, including junior colleges (713,847 people), Banking & related activities (503,815 people), and Computer Systems Design (485,621 people).

The most specialized majors at Louisburg College are Liberal Arts & Humanities (54 degrees awarded), Biology (7 degrees), Education (3 degrees), and Business (5 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

N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

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

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 39 degrees were awarded to men at Louisburg College, which is 1.3 times more than the number of degrees awarded to females (30).

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

Most Common Male Majors

In false, 31 degrees were awarded to men at Louisburg College in Liberal Arts & Sciences, which is 1.35 times more than the 23 female recipients with that same degree.

Most Common Female Majors

In false, 23 degrees were awarded to women at Louisburg College in Liberal Arts & Sciences, which is 0.742 times less than the 31 male recipients with that same degree.

Time to Complete

100% Completion Time

23%

150% Completion Time

In 2020, 0% of students graduating from Louisburg College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 23% completed their degrees within 150% of the normal time, and 24% 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.

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 Louisburg College is Male and Asian (100% graduation rate). Across all Associates 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, 2.47% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

Black or African American
30 degrees awarded
White
29 degrees awarded
Hispanic or Latino
5 degrees awarded

The most common race/ethnicity at Louisburg College is black or african american (30 degrees awarded). There were 1.03 times more black or african american recipients than the next closest race/ethnicity group, white (29 degrees).

1.45% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

Black or African American Male
18 degrees awarded
White Female
16 degrees awarded
White Male
13 degrees awarded

The most common race/ethnicity and sex grouping at Louisburg College is black or african american male (18 degrees awarded). There were 1.13 times more black or african american male recipients than the next closest race/ethnicity group, white female (16 degrees).

Operations

Louisburg College has an endowment valued at nearly $14.2M, as of the end of the 2020 fiscal year. The return on its endowment was of $549k (3.87%), compared to the 5.11% average return ($226k on $4.42M) across all Associates Colleges.

In 2020, Louisburg College had a total salary expenditure of $14.3M. Louisburg College employs 15 Instructors, 9 Assistant professors, and 3 Associate professors. Most academics at Louisburg College are Female Instructors (13), Male Assistant professors(6), and Female Assistant professors (3).

The most common positions for non-instructional staff at Louisburg College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 21 employees, Office and Administrative Support, with 15 employees, and Management with 14 employees.

Endowment

$14.2M

2020 Endowment

1.92%

growth from 2019

Louisburg College has an endowment valued at about $14.2M, as of the end of the 2020 fiscal year. The endowment of Louisburg College grew 1.92% from the previous year. The value of their endowment was $9.78M 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.

Government Grants and Contracts

Grants & Contracts

$1.5M - Federal
$0 - State
$0 - Local

As of 2020, Louisburg College received $1.5M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$4.49M

2020 Salaries

3.15%

decline from 2019

In 2020, Louisburg College paid a median of $4.49M in salaries, which represents 31.5% of their overall expenditure ($14.3M) and a 3.15% decline from the previous year. This is compared to a 15.3% decline from 2018 and a 8.24% decline from 2017.

The median for similar Associates Colleges is 16.8M (43.6% of overall expenditures).

Instructional Salaries

$1.23M

Instructional Salaries

Number of Employees

In 2020, Louisburg College paid a total of $1.23M to 29 employees working as instructors, which represents 27.5% of all salaries paid.

This is compared to a median of $4.98M (29.6%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

15 Employees

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

Most Common Non-Instructional Employee

21 Employees

In 2020, the most common positions for instructional staff at Louisburg College were Instructor with 15 employees; Assistant professor with 9 employees; and Assistant professor with 3 employees.

In 2020, the most common positions for non-instructional staff at Louisburg College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 21 employees; Office and Administrative Support with 15 employees; and Management with 14 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Female Instructor
Male Assistant professor
Female Assistant professor

In 2020, the most common demographic for instructional staff at Louisburg College was Female Instructor with 13 employees, Male Assistant professor with 6 employees, and Female Assistant professor with 3 employees.

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