Luther Rice College & Seminary

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2019 Undergraduate Tuition
$7,080
3.87% growth from 2018
2017 Student Loan
4.98%
Default Rate
2019 Acceptance Rate
50%
22 Applicants
2019 Enrolled Students
782
21.5% Full-Time

About

Luther Rice College & Seminary is a higher education institution located in DeKalb County, GA. In 2016, the most popular Bachelor's Degree concentrations at Luther Rice College & Seminary were Biblical Studies (48 degrees awarded).

In 2019, 233 degrees were awarded across all undergraduate and graduate programs at Luther Rice College & Seminary. 20.6% of these degrees were awarded to women, and 79.4% awarded men. The most common race/ethnicity group of degree recipients was white (133 degrees), 1.53 times more than then the next closest race/ethnicity group, black or african american (87 degrees).

The median undergraduate tuition at Luther Rice College & Seminary is $7,080, which is $−7,420 less than the national average for Special Focus Institutions ($14,500).

Costs

The median undergraduate tuition at Luther Rice College & Seminary is $7,080, which is $−7,420 less than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $0.

In 2019, 63% of undergraduate students received federal grants, while 55% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$7,080
2019 Undergraduate Tuition

In 2019, the cost of tuition at Luther Rice College & Seminary was $7,080. The cost of tuition at Luther Rice College & Seminary is $−7,420 less than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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Average Net Price

$0
2019 Value
100%
1 Year Growth

In 2019 Luther Rice College & Seminary had an average net price — the price paid after factoring in grants and loans — of $0. Between 2018 and 2019, the average net price of Luther Rice College & Seminary grew by 100%.

This chart compares the average net price of Luther Rice College & Seminary (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

$17,312
Room and Board
$424
Books and Supplies

The average yearly cost of room and board at Luther Rice College & Seminary was of $17,312 in 2019. During the same period, the average yearly cost of books and supplies was $424. The cost of room and board increased by 13.9% between 2018 and 2019. The cost of books and supplies decreased by 7.02% during the same period.

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Financial Aid

Financial Aid by Income Level

63%
Of Undergraduates Receive Grants
55%
Of Undergraduates Receive Federal Loans

63% of undergraduate students at Luther Rice College & Seminary received grants or loans in 2019. This represents a growth of 0% with respect to 2018, when 63% of undergraduate students received financial aid.

This chart compares the average award discount at Luther Rice College & Seminary (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.
4.98%
2017 Default Rate
14
Number of Defaults

In 2017 the default rate for borrower's at Luther Rice College & Seminary was 4.98%, which represents 14 out of the 281 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

Luther Rice College & Seminary received 22 undergraduate applications in 2019, which represents a 0% annual growth. Out of those 22 applicants, 11 students were accepted for enrollment, representing a 50% acceptance rate.

There were 782 students enrolled at Luther Rice College & Seminary in 2019, and N/A% of first-time enrollees submitted SAT scores with their applications.

Luther Rice College & Seminary has an overall enrollment yield of 45.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

50%
Acceptance Rate in 2019
11
Accepted Out of 22

In 2019, the undergraduate acceptance rate of Luther Rice College & Seminary was 50% (11 admissions from 22 applications). This is lower than the acceptance rate of 2018, which was 59.1%. Between 2018 and 2019, the number of applicants stayed by 0%, while admissions declined by −15.4%.

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SAT Scores

N/A%
Submission Percentage
N/A
Scores Submitted

N/A% of enrolled first-time students at Luther Rice College & Seminary 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.

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Enrollment

Luther Rice College & Seminary has a total enrollment of 782 students. The full-time enrollment at Luther Rice College & Seminary is 168 students and the part-time enrollment is 614. This means that 21.5% of students enrolled at Luther Rice College & Seminary are enrolled full-time.

The enrolled student population at Luther Rice College & Seminary, both undergraduate and graduate, is 51.2% White, 39.3% Black or African American, 3.45% Hispanic or Latino, 1.79% Asian, 0.256% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races.

Students enrolled at Luther Rice College & Seminary in full-time Undergraduate programs are most commonly White Male (56.8%), followed by Black or African American Male (16.2%) and Black or African American Female (10.8%). Students enrolled in full-time Graduate programs are most commonly White Male (45%), followed by Black or African American Male (24.4%) and Black or African American Female (14.5%).

Full-Time vs Part-Time Enrollment

21.5%
Full-Time Enrollment

The total enrollment at Luther Rice College & Seminary, both undergraduate and graduate, is 782 students. The full-time enrollment at Luther Rice College & Seminary is 168 and the part-time enrollment is 614. This means that 21.5% of students enrolled at Luther Rice College & Seminary are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

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

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Retention Rate over Time

N/A%
N/A 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 Luther Rice College & Seminary was N/A%. Compared with the full-time retention rate at similar Special Focus Institutions (72%), Luther Rice College & Seminary had a retention rate approximately the same as its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    400
  2. Black or African American
    307
  3. Hispanic or Latino
    27

The enrolled student population at Luther Rice College & Seminary is 51.2% White, 39.3% Black or African American, 3.45% Hispanic or Latino, 1.79% Asian, 0.256% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44.8% White, 15.6% Hispanic or Latino, and 14.5% 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, 31 students (3.96%) did not report their race.

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Graduates

In 2019, 137 fewer women than men received degrees from Luther Rice College & Seminary. The most common race/ethnicity group of degree recipients at Luther Rice College & Seminary is white (133 degrees awarded). There were 1.53 times more white graduates than the next closest race/ethnicity group, black or african american (87 degrees).

The most common Bachelor's Degree concentration at Luther Rice College & Seminary is Biblical Studies (48 degrees awarded), followed by N/A and N/A.

The most specialized majors across all degree types at Luther Rice College & Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (233 degrees awarded).

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 Luther Rice College & Seminary are Clergy (80,970 people), Elementary & middle school teachers (7,988 people), Education administrators (5,540 people), Driver/sales workers & truck drivers (5,290 people), and Other managers (5,217 people).

The most specialized majors at Luther Rice College & Seminary are Theology (233 degrees awarded).

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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 Luther Rice College & Seminary are Physicians, Sales managers, Personal financial advisors, Computer & information systems managers, and Chief executives & legislators

The most specialized majors at Luther Rice College & Seminary are Theology (233 degrees awarded).

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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 Luther Rice College & Seminary are Religious organizations (87,489 people), Elementary & secondary schools (22,205 people), Colleges, universities & professional schools, including junior colleges (11,549 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,286 people), and Construction (8,019 people).

The most specialized majors at Luther Rice College & Seminary are Theology (233 degrees awarded).

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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 Luther Rice College & Seminary.
Most Common
  1. 48 degree-majorss awarded
  2. N/A
    N/A degree-majorss awarded
  3. N/A
    N/A degree-majorss awarded

In 2019, the most common bachelors degree concentration at Luther Rice College & Seminary was Biblical Studies with 48 degrees awarded.

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

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Gender Breakdown for Common Majors

185
Degrees Awarded to Men
in 2019
48
Degrees Awarded to Women
in 2019

In 2019, 185 degrees were awarded to men at Luther Rice College & Seminary, which is 3.85 times more than the number of degrees awarded to females (48).

This chart displays the gender disparity between the top 5 majors at Luther Rice College & Seminary by degrees awarded.

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Most Common Male Majors

In 2019, 68 degrees were awarded to men at Luther Rice College & Seminary in Divinity & Ministry, which is 4.86 times more than the 14 female recipients with that same degree.

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Most Common Female Majors

In 2019, 20 degrees were awarded to women at Luther Rice College & Seminary in Biblical Studies, which is 0.385 times less than the 52 male recipients with that same degree.

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Time to Complete

0%
100% Completion Time
11%
150% Completion Time

In 2019, 0% of students graduating from Luther Rice College & Seminary completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 11% completed their degrees within 150% of the normal time, and 11% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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.
N/A
Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Luther Rice College & Seminary is N/A and N/A (N/A% graduation rate). Across all Special Focus Institutions, 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, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    133 degrees awarded
  2. Black or African American
    87 degrees awarded
  3. Hispanic or Latino
    7 degrees awarded

The most common race/ethnicity at Luther Rice College & Seminary is white (133 degrees awarded). There were 1.53 times more white recipients than the next closest race/ethnicity group, black or african american (87 degrees).

1.72% of degree recipients (4 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    112 degrees awarded
  2. Black or African American Male
    61 degrees awarded
  3. Black or African American Female
    26 degrees awarded

The most common race/ethnicity and gender grouping at Luther Rice College & Seminary is white male (112 degrees awarded). There were 1.84 times more white male recipients than the next closest race/ethnicity group, black or african american male (61 degrees).

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Operations

Luther Rice College & Seminary has an endowment valued at nearly $563k, as of the end of the 2019 fiscal year. The return on its endowment was of $100k (17.8%), compared to the 2.77% average return ($279k on $10.1M) across all Special Focus Institutions.

In 2019, Luther Rice College & Seminary had a total salary expenditure of $4.5M. Luther Rice College & Seminary employs 5 Professors, 5 Associate professors, and 5 Assistant professors. Most academics at Luther Rice College & Seminary are Male Professors (5), Male Assistant professors(5), and Male Associate professors (4).

The most common positions for non-instructional staff at Luther Rice College & Seminary are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 9 employees, Business and Financial Operations, with 4 employees, and Office and Administrative Support with 4 employees.

Finances

Endowment

$563k
2019 Endowment
1.64%
growth from 2018

Luther Rice College & Seminary has an endowment valued at about $563k, as of the end of the 2019 fiscal year. The endowment of Luther Rice College & Seminary grew 1.64% from the previous year. The value of their endowment was $9.54M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Faith-Related Institutions Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $0 - Federal
  2. $0 - State
  3. $0 - Local

As of 2019, Luther Rice College & Seminary 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

Salary Expenditure

$2.65M
2019 Salaries
5.73%
decline from 2018

In 2019, Luther Rice College & Seminary paid a median of $2.65M in salaries, which represents 58.8% of their overall expenditure ($4.5M) and a 5.73% decline from the previous year. This is compared to a 5.73% decline from 2017 and a 6.82% decline from 2016.

The median for similar Special Focus Institutions is 2.89M (42.3% of overall expenditures).

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Instructional Salaries

$980k
Instructional Salaries
15
Number of Employees

In 2019, Luther Rice College & Seminary paid a total of $980k to 15 employees working as instructors, which represents 37% of all salaries paid.

This is compared to a median of $857k (29.6%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
5 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
9 Employees

In 2019, the most common positions for instructional staff at Luther Rice College & Seminary were Professor with 5 employees; Associate professor with 5 employees; and Associate professor with 5 employees.

In 2019, the most common positions for non-instructional staff at Luther Rice College & Seminary were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 9 employees; Business and Financial Operations with 4 employees; and Office and Administrative Support with 4 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male Professor
  2. Male Assistant professor
  3. Male Associate professor

In 2019, the most common demographic for instructional staff at Luther Rice College & Seminary was Male Professor with 5 employees, Male Assistant professor with 5 employees, and Male Associate professor with 4 employees.

This chart shows the gender split between each academic rank present at Luther Rice College & Seminary.

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