Luther Rice College & Seminary

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2016 Undergraduate Tuition

$6,120

4.51% growth from 2015

2016 Average Net Price

$6,988

After Financial Aid

2015 Student Loan

5.86%

Default Rate

2016 Acceptance Rate

76.5%

34 Applicants

2016 Enrolled Students

1,078

22.9% Full-Time

2016 Graduation Rate

66.7%

2 Graduates

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 (65 degrees awarded).

In 2016, 271 degrees were awarded across all undergraduate and graduate programs at Luther Rice College & Seminary. 26.2% of these degrees were awarded to women, and 73.8% awarded men. The majority of degree recipients were white (153 degrees), 1.47 times more than then the next closest race/ethnicity group, black or african american (104 degrees).

The median undergraduate tuition at Luther Rice College & Seminary is $6,120, which is $-7,851 less than the national average for Special Focus Institutions ($13,971).

Costs

The median undergraduate tuition at Luther Rice College & Seminary is $6,120, which is $-7,851 less than the national average for Special Focus Institutions ($13,971).

After taking grants and loans into account, the average net price for students is $6,988.

In 2016, 72% of undergraduate students received federal grants, while 57% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$6,120

2016 Undergraduate Tuition

In 2016, the cost of tuition at Luther Rice College & Seminary was $6,120. The cost of tuition at Luther Rice College & Seminary is $-7,851 less than than the overall (public and private) national average for Special Focus Institutions ($13,971).

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Average Net Price

$6,988

2016 Value

5.55%

1 Year Growth

In 2016 Luther Rice College & Seminary had an average net price — the price paid after factoring in grants and loans — of $6,988. Between 2015 and 2016, the average net price of Luther Rice College & Seminary grew by 5.55%.

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

$8,656

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Luther Rice College & Seminary was of $8,656 in 2016. During the same period, the average yearly cost of books and supplies was $800. The cost of room and board increased by 0.839% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

72%

Of Undergraduates Receive Grants

57%

Of Undergraduates Receive Federal Loans

72% of undergraduate students at Luther Rice College & Seminary received grants or loans in 2016. This represents a growth of 10.8% with respect to 2015, when 65% 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.

5.86%

2015 Default Rate

19

Number of Defaults

In 2015 the default rate for borrower's at Luther Rice College & Seminary was 5.86%, which represents 19 out of the 324 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 34 undergraduate applications in 2016, which represents a 162% annual growth. Out of those 34 applicants, 26 students were accepted for enrollment, representing a 76.5% acceptance rate.

There were 1,078 students enrolled at Luther Rice College & Seminary in 2016, and N/A% of first-time enrollees submitted SAT scores with their applications.

Luther Rice College & Seminary has an overall enrollment yield of 38.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

76.5%

Acceptance Rate in 2016

26

Accepted Out of 34

In 2016, the undergraduate acceptance rate of Luther Rice College & Seminary was 76.5% (26 admissions from 34 applications). This is lower than the acceptance rate of 2015, which was 100%. Between 2015 and 2016, the number of applicants grew by 162%, while admissions grew by 100%.

This chart compares the acceptance rate of Luther Rice College & Seminary (in red) with that of other similar universities.

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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 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

Luther Rice College & Seminary has a total enrollment of 1,078 students. The full-time enrollment at Luther Rice College & Seminary is 247 students and the part-time enrollment is 831. This means that 22.9% 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 52% White, 42.3% Black or African American, 2.69% Hispanic or Latino, 2.13% Asian, 0.278% 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 majority White Male (62.1%), followed by Black or African American Male (15.5%) and White Female (12.1%). Students enrolled in full-time Graduate programs are majority White Male (50.8%), followed by Black or African American Male (24.3%) and Black or African American Female (13.8%).

Full-Time vs Part-Time Enrollment

22.9%

Full-Time Enrollment

The total enrollment at Luther Rice College & Seminary, both undergraduate and graduate, is 1,078 students. The full-time enrollment at Luther Rice College & Seminary is 247 and the part-time enrollment is 831. This means that 22.9% of students enrolled at Luther Rice College & Seminary are enrolled full-time compared with 70.8% 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

50%

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 Luther Rice College & Seminary was 50%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Luther Rice College & Seminary had a retention rate lower than 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

    561

  2. Black or African American

    456

  3. Hispanic or Latino

    29

The enrolled student population at Luther Rice College & Seminary is 52% White, 42.3% Black or African American, 2.69% Hispanic or Latino, 2.13% Asian, 0.278% 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 45.5% White, 15.4% Black or African American, and 15.3% 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, 4 students (0.371%) did not report their race.

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Graduates

In 2016, 129 fewer women than men received degrees from Luther Rice College & Seminary. The majority of degree recipients at Luther Rice College & Seminary are white (153 degrees awarded). There were 1.47 times more white graduates than the next closest race/ethnicity group, black or african american (104 degrees).

The most common Bachelor's Degree concentration at Luther Rice College & Seminary is Biblical Studies (65 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 (271 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 (71,615 people), Elementary & middle school teachers (9,010 people), Miscellaneous managers (6,888 people), Postsecondary teachers (5,951 people), and Driver/sales workers & truck drivers (5,659 people).

The most specialized majors at Luther Rice College & Seminary are Theology (271 degrees awarded).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Luther Rice College & Seminary are Aircraft pilots & flight engineers, Physicians & surgeons, Construction managers, Miscellaneous engineers, including nuclear engineers, and Personal financial advisors

The most specialized majors at Luther Rice College & Seminary are Theology (271 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 (79,808 people), Elementary & secondary schools (18,804 people), Colleges, universities & professional schools, including junior colleges (14,123 people), Construction (9,425 people), and Hospitals (7,254 people).

The most specialized majors at Luther Rice College & Seminary are Theology (271 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. 65 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 Luther Rice College & Seminary was Biblical Studies with 65 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 200

  2. 71

In 2016, 200 degrees were awarded to men at Luther Rice College & Seminary, which is 2.82 times more than the number of degrees awarded to females (71).

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 N/A, 71 degrees were awarded to men at Luther Rice College & Seminary in Biblical Studies, which is 3.09 times more than the 23 female recipients with that same degree.

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Most Common Female Majors

In N/A, 26 degrees were awarded to women at Luther Rice College & Seminary in Pastoral Studies & Counseling, which is 1.24 times more than the 21 male recipients with that same degree.

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Time to Complete

N/A%

100% Completion Time

N/A%

150% Completion Time

In N/A, N/A% 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, N/A% completed their degrees within 150% of the normal time, and N/A% 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.

White Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Luther Rice College & Seminary is Female and White (100% graduation rate). Across all Special Focus Institutions, 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

    153 degrees awarded

  2. Black or African American

    104 degrees awarded

  3. Asian

    8 degrees awarded

The most common race/ethnicity at Luther Rice College & Seminary is white (153 degrees awarded). There were 1.47 times more white recipients than the next closest race/ethnicity group, black or african american (104 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 Male

    129 degrees awarded

  2. Black or African American Male

    62 degrees awarded

  3. Black or African American Female

    42 degrees awarded

The most common race/ethnicity and gender grouping at Luther Rice College & Seminary is white male (129 degrees awarded). There were 2.08 times more white male recipients than the next closest race/ethnicity group, black or african american male (62 degrees).

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Operations

Luther Rice College & Seminary has an endowment valued at nearly $531k, as of the end of the 2015 fiscal year. The return on its endowment was of $8.25k (1.55%), compared to the 0.512% average return ($49.1k on $9.59M) across all Special Focus Institutions.

In 2015, Luther Rice College & Seminary had a total expenditure of $5.05M. Of that $5.05M, they spent $3.21M on salaries and $5.05M on benefits.

Luther Rice College & Seminary employs 6 Assistant professors, 5 Professors, and 3 Associate professors. Most academics at Luther Rice College & Seminary are Male Professors (5), Male Assistant professors(4), and Male Associate professors (3).

The most common positions for non-instructional staff at Luther Rice College & Seminary are: Management, with 7 employees, Office and Administrative Support, with 7 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 5 employees.

Finances

Endowment

$531k

2015 Endowment

4.6%

growth from 2014

Luther Rice College & Seminary has an endowment valued at about $531k, as of the end of the 2015 fiscal year. The endowment of Luther Rice College & Seminary grew 4.6% from the previous year. The value of their endowment was $9.05M 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 2015, 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

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$3.21M

Salary Expenditure

$5.05M

Benefits Expenditure

In 2015, Luther Rice College & Seminary had a total expenditure of $5.05M. Of that $5.05M, they spent $3.21M on salaries and $5.05M on benefits.

The bar chart shows the share of the primary expenses at Luther Rice College & Seminary over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Special Focus Institutions Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Luther Rice College & Seminary as a share of total expenditure.

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Salary Expenditure

$3.21M

2015 Salaries

2.3%

decline from 2014

In 2015, Luther Rice College & Seminary paid a median of $3.21M in salaries, which represents 63.5% of their overall expenditure ($5.05M) and a 2.3% decline from the previous year. This is compared to a 3.56% growth from 2013 and a 14.8% growth from 2012.

The median for similar Special Focus Institutions is 2.52M (38.1% of overall expenditures).

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Instructional Salaries

$1.05M

Instructional Salaries

16

Number of Employees

In 2015, Luther Rice College & Seminary paid a total of $1.05M to 16 employees working as instructors, which represents 32.6% of all salaries paid.

This is compared to a median of $639k (25.3%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

6 Employees

Management

Most Common Non-Instructional Employee

7 Employees

In 2016, the most common positions for instructional staff at Luther Rice College & Seminary were Assistant professor with 6 employees; Professor with 5 employees; and Professor with 3 employees.

In 2016, the most common positions for non-instructional staff at Luther Rice College & Seminary were Management with 7 employees; Office and Administrative Support with 7 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 5 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 2016, the most common demographic for instructional staff at Luther Rice College & Seminary was Male Professor with 5 employees, Male Assistant professor with 4 employees, and Male Associate professor with 3 employees.

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

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