McPherson College

www.mcpherson.edu/

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2021 Undergraduate Tuition

$31,396

3.99% growth from 2020

2021 Average Net Price

$24,693

After Financial Aid

2019 Student Loan

1.94%

Default Rate

2021 Acceptance Rate

84.6%

884 Applicants

2021 Enrolled Students

842

96.4% Full-Time

2021 Graduation Rate

52.6%

101 Graduates

About

McPherson College is a higher education institution located in McPherson County, KS. In 2021, the most popular Bachelors Degree concentrations at McPherson College were Other Related Mechanical Engineering Technologies (30 degrees awarded), General Business Administration & Management (16 degrees), and General Health Services (11 degrees).

In 2021, 165 degrees were awarded across all undergraduate and graduate programs at McPherson College. 37% of these degrees were awarded to women, and 63% awarded men. The most common race/ethnicity group of degree recipients was white (98 degrees), 3.92 times more than then the next closest race/ethnicity group, hispanic or latino (25 degrees).

The median undergraduate tuition at McPherson College is $31,396, which is $2,891 more than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at McPherson College is $31,396, which is $2,891 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $24,693.

In 2021, 95% of undergraduate students attending McPherson College received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$31,396

2021 Undergraduate Tuition

In 2021, the cost of tuition at McPherson College was $31,396. The cost of tuition at McPherson College is $2,891 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$24,693

2021 Value

3.44%

1 Year Growth

In 2021 McPherson College had an average net price — the price paid after factoring in grants and loans — of $24,693. Between 2020 and 2021, the average net price of McPherson College grew by 3.44%.

This chart compares the average net price of McPherson 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

$8,639

Room and Board

$1,420

Books and Supplies

The average yearly cost of room and board at McPherson College was of $8,639 in 2021. The cost of room and board decreased by 1.79% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,420. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

95%

Undergraduates Receiving Financial Aid through Grants

67%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at McPherson College received financial aid through grants or loans in 2021. This represents a decline of 5% with respect to 2020, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at McPherson 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.

1.94%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at McPherson College was 1.94%, which represents 4 out of the 206 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

McPherson College received 884 undergraduate applications in 2021, which represents a 50.5% annual growth. Out of those 884 applicants, 748 students were accepted for enrollment, representing a 84.6% acceptance rate.

There were 842 students enrolled at McPherson College in 2021.

McPherson College has an overall enrollment yield of 36.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

84.6%

Acceptance Rate in 2021

748

Accepted Out of 884

In 2021, the undergraduate acceptance rate of McPherson College was 84.6% (748 admissions from 884 applications). This is higher than the acceptance rate of 2020, which was 52.2%. Between 2020 and 2021, the number of applicants grew by 50.5%, while admissions declined by −19.7%..

This chart compares the acceptance rate of McPherson College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

McPherson College had a total enrollment of 842 students in 2021. The full-time enrollment at McPherson College is 812 students and the part-time enrollment is 30. This means that 96.4% of students enrolled at McPherson College are enrolled full-time.

The enrolled student population at McPherson College, both undergraduate and graduate, is 54.3% White, 18.4% Hispanic or Latino, 12.2% Black or African American, 2.49% Two or More Races, 2.38% American Indian or Alaska Native, 1.54% Asian, and 0.119% Native Hawaiian or Other Pacific Islanders.

Students enrolled at McPherson College in full-time Undergraduate programs are most commonly White Male (35.6%), followed by White Female (18.1%) and Hispanic or Latino Male (10.9%). Students enrolled in full-time Graduate programs are most commonly Hispanic or Latino Female (100%).

Full-Time vs Part-Time Enrollment

96.4%

Full-Time Enrollment

The total enrollment at McPherson College in 2021, both undergraduate and graduate, is 842 students. The full-time enrollment at McPherson College is 812 and the part-time enrollment is 30. This means that 96.4% of students enrolled at McPherson College are enrolled full-time compared with 79.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

66%

2021 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 McPherson College was 66%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), McPherson College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
457 enrolled students
Hispanic or Latino
155 enrolled students
Black or African American
103 enrolled students

The enrolled student population at McPherson College is 54.3% White, 18.4% Hispanic or Latino, 12.2% Black or African American, 2.49% Two or More Races, 2.38% American Indian or Alaska Native, 1.54% Asian, and 0.119% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 55% White, 13.5% Black or African American, and 13.4% 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, 13 students (1.54%) did not report their race.

Graduates

In 2021, 43 fewer women than men received degrees from McPherson College. The most common race/ethnicity group of degree recipients at McPherson College is white (98 degrees awarded). There were 3.92 times more white recipients than the next closest race/ethnicity group, hispanic or latino (25 degrees).

The most common Bachelor's Degree concentration at McPherson College is Other Related Mechanical Engineering Technologies (30 degrees awarded), followed by General Business Administration & Management (16 degrees) and General Health Services (11 degrees).

In 2021, the most specialized majors across all degree types at McPherson College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (30 degrees awarded), Parks, Recreation, & Leisure (17 degrees), and History (4 degrees).

Common Jobs by Major

Physicians

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at McPherson College are Physicians (404,630 people), Other managers (191,702 people), Postsecondary teachers (165,231 people), Elementary & middle school teachers (160,143 people), and Lawyers, & judges, magistrates, & other judicial workers (149,367 people).

The most specialized majors at McPherson College in 2021 are Engineering Technologies (30 degrees awarded), Parks, Recreation, & Leisure (17 degrees), History (4 degrees), PHILOSOPHY AND RELIGIOUS STUDIES. (2 degrees), and Biology (14 degrees) (as of 2021).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at McPherson College are Cardiovascular technologists and technicians, Surgeons, Diagnostic medical sonographers, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at McPherson College are Engineering Technologies (30 degrees awarded), Parks, Recreation, & Leisure (17 degrees), History (4 degrees), PHILOSOPHY AND RELIGIOUS STUDIES. (2 degrees), and Biology (14 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at McPherson College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (519,686 people), Colleges, universities & professional schools, including junior colleges (384,018 people), Elementary & secondary schools (371,197 people), Offices of physicians (200,167 people), and Computer Systems Design (141,883 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by McPherson College.

Most Common (2021)

Other Related Mechanical Engineering Technologies
30 degree-majors awarded
General Business Administration & Management
16 degree-majors awarded
General Health Services
11 degree-majors awarded

In 2021, the most common bachelors degree concentration at McPherson College was Other Related Mechanical Engineering Technologies with 30 degrees awarded.

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

Sex Breakdown for Common Majors

104

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 104 degrees were awarded to men at McPherson College, which is 1.7 times more than the number of degrees awarded to females (61).

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

Most Common Male Majors

In 2021, 30 degrees were awarded to men at McPherson College in Other Related Mechanical Engineering Technologies. There were no female recipients with the same degree.

Most Common Female Majors

In 2021, 7 degrees were awarded to men at McPherson College in Elementary Education & Teaching, which is 3.5 times more than the 2 male recipients with that same degree.

Time to Complete

35%

100% Completion Time

41%

150% Completion Time

In 2021, 35% of students graduating from McPherson College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 41% completed their degrees within 150% of the normal time, and 41% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Female

Highest Graduation Rate (71.4%)

The student demographic with the highest graduation rate in 2021 at McPherson College is Female and Hispanic or Latino (71.4% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 2.97% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
98 degrees awarded
Hispanic or Latino
25 degrees awarded
Black or African American
17 degrees awarded

The most common race/ethnicity at McPherson College is white (98 degrees awarded). There were 3.92 times more white recipients than the next closest race/ethnicity group, hispanic or latino (25 degrees).

6.06% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
62 degrees awarded
White Female
36 degrees awarded
Hispanic or Latino Male
17 degrees awarded

The most common race/ethnicity and sex grouping at McPherson College is white male (62 degrees awarded). There were 1.72 times more white male recipients than the next closest race/ethnicity group, white female (36 degrees).

Operations

McPherson College has an endowment valued at nearly $53.9M, as of the end of the 2021 fiscal year. The return on its endowment was of 10.6M (19.7%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, McPherson College had a total salary expenditure of 20.3M. McPherson College employs 19 Associate professors, 15 Assistant professors and 12 Professors. Most academics at McPherson College are Male Associate professor (12), Male Professor (8), and Male Assistant professor (8).

The most common positions for non-instructional staff at McPherson College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 25 employees, Business and Financial Operations, with 19 employees, and Management with 11 employees.

Endowment

$53.9M

2021 Endowment

21.2%

growth from 2020

McPherson College has an endowment valued at about $53.9M, as of the end of the 2021 fiscal year. The endowment of McPherson College grew 21.2% from the previous year. The value of their endowment was $1.56M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at McPherson 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: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$8.13M

2021 Salaries

2.3%

decline from 2020

In 2021, McPherson College paid a median of $8.13M in salaries, which represents 40% of their overall expenditure ($20.3M) and a 2.3% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Instructional Salaries

$3.06M

Instructional Salaries

Number of Employees

In 2021, McPherson College paid a total of $3.06M to 46 employees working as instructors, which represents 37.6% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

19 Employees

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

Most Common Non-Instructional Employee

25 Employees

In 2021, the most common positions for instructional staff at McPherson College were Associate professor with 19 employees, Assistant professor with 15 employees, and Professor with 12 employees.

In 2021, the most common positions for non-instructional staff at McPherson College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 25 employees, Business and Financial Operations with 19 employees, and Management with 11 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Associate professor
Male Professor
Male Assistant professor

In 2021, the most common demographic for instructional staff at McPherson College was Male Associate professor with 12 employees, Male Professor with 8 employees, and Male Assistant professor with 8 employees.

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