Mineral Area College

www.mineralarea.edu

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2023 Undergraduate Tuition

$4,380

15.9% growth from 2022

2023 Average Net Price

$10,959

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

2,389

59.1% Full-Time

2023 Graduation Rate

42.3%

213 Graduates

About

Mineral Area College is a higher education institution located in St. Francois County, MO. In 2023, the most popular Associates Degree concentrations at Mineral Area College were Liberal Arts & Sciences (316 degrees awarded), Other Teacher Education & Professional Development (53 degrees), and Registered Nursing (43 degrees).

In 2023, 591 degrees were awarded across all undergraduate and graduate programs at Mineral Area College. 67.2% of these degrees were awarded to women, and 32.8% awarded men. The most common race/ethnicity group of degree recipients was white (519 degrees), 37.1 times more than then the next closest race/ethnicity group, two or more races (14 degrees).

The median undergraduate tuition at Mineral Area College is $4,380, which is $−3,873 less than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at Mineral Area College was 0%, corresponding to 0 out of the 346 total borrowers.

Associates Colleges: High Transfer-High Traditional Associates Colleges

Costs

In 2023, the median undergraduate tuition at Mineral Area College is $4,380, which is $3,873 less than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $10,959.

In 2023, 69% of undergraduate students attending Mineral Area College received financial aid through grants. Comparatively, 9% of undergraduate students received financial aid through loans.

Tuition Costs

$4,380

2023 Undergraduate Tuition

In 2023, the cost of tuition at Mineral Area College was $4,380. The cost of tuition at Mineral Area College is $−3,873 less than than the overall (public and private) national average for Associates Colleges ($8,253).

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

Average Net Price

$10,959

2023 Value

10.5%

1 Year Growth

In 2023 Mineral Area College had an average net price — the price paid after factoring in grants and loans — of $10,959. Between 2022 and 2023, the average net price of Mineral Area College grew by 10.5%.

This chart compares the average net price of Mineral Area 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

$6,947

Room and Board

$2,000

Books and Supplies

The average yearly cost of room and board at Mineral Area College was of $6,947 in 2023. The cost of room and board increased by 3.75% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $2,000. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

69%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

69% of undergraduate students at Mineral Area College received financial aid through grants or loans in 2023. This represents a decline of 8% with respect to 2022, when 75% of undergraduate students received financial aid.

This chart compares the average award discount at Mineral Area 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Mineral Area College was 0%, which represents 0 out of the 346 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.

Enrollment

Mineral Area College had a total enrollment of 2,389 students in 2023. The full-time enrollment at Mineral Area College is 1,413 students and the part-time enrollment is 976. This means that 59.1% of students enrolled at Mineral Area College are enrolled full-time.

The enrolled student population at Mineral Area College, both undergraduate and graduate, is 85.8% White, 2.8% Hispanic or Latino, 2.13% Two or More Races, 2.05% Black or African American, 0.502% American Indian or Alaska Native, and 0.502% Asian.

Students enrolled at Mineral Area College in full-time Undergraduate programs are most commonly White Female (55.7%), followed by White Male (29.2%) and Hispanic or Latino Female (1.75%).

Full-Time vs Part-Time Enrollment

59.1%

Full-Time Enrollment

The total enrollment at Mineral Area College in 2023, both undergraduate and graduate, is 2,389 students. The full-time enrollment at Mineral Area College is 1,413 and the part-time enrollment is 976. This means that 59.1% of students enrolled at Mineral Area College are enrolled full-time compared with 32.3% at similar Associates Colleges.

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

Retention Rate over Time

68%

2023 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 Mineral Area College was 68%. Compared with the full-time retention rate at similar Associates Colleges (64%), Mineral Area College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
2,049 enrolled students
Hispanic or Latino
67 enrolled students
Two or More Races
51 enrolled students

The enrolled student population at Mineral Area College is 85.8% White, 2.8% Hispanic or Latino, 2.13% Two or More Races, 2.05% Black or African American, 0.502% American Indian or Alaska Native, and 0.502% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 41.7% White, 28.7% Hispanic or Latino, and 12.6% 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, 86 students (3.6%) did not report their race.

Graduates

In 2023, 203 more women than men received degrees from Mineral Area College. The most common race/ethnicity group of degree recipients at Mineral Area College is white (519 degrees awarded). There were 37.1 times more white recipients than the next closest race/ethnicity group, two or more races (14 degrees).

The most common Associates Degree concentration at Mineral Area College is Liberal Arts & Sciences (316 degrees awarded), followed by Other Teacher Education & Professional Development (53 degrees) and Registered Nursing (43 degrees).

In 2023, the most specialized majors across all degree types at Mineral Area College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Liberal Arts & Humanities (319 degrees awarded), Protective Services (46 degrees), and Communication Technologies (4 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 Mineral Area College are Elementary & middle school teachers (1,541,007 people), Secondary school teachers (483,463 people), Education administrators (267,385 people), Special education teachers (210,535 people), and Preschool & kindergarten teachers (207,186 people).

The most specialized majors at Mineral Area College in 2023 are Liberal Arts & Humanities (319 degrees awarded), Protective Services (46 degrees), Communication Technologies (4 degrees), Human Sciences (9 degrees), and Education (53 degrees) (as of 2023).

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 Mineral Area College are Surgeons, Physicians, Skincare specialists, Photographic process workers & processing machine operators, and Broadcast announcers and radio disc jockeys

The most specialized majors at Mineral Area College are Liberal Arts & Humanities (319 degrees awarded), Protective Services (46 degrees), Communication Technologies (4 degrees), Human Sciences (9 degrees), and Education (53 degrees) (as of 2023).

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 Mineral Area College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,552,703 people), Elementary & secondary schools (453,405 people), Justice, public order, & safety activities (348,867 people), Outpatient care centers (271,539 people), and Offices of physicians (216,461 people).

Majors Awarded

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

Most Common (2023)

Liberal Arts & Sciences
316 degrees awarded
Other Teacher Education & Professional Development
53 degrees awarded
Registered Nursing
43 degrees awarded

In 2023, the most common associates degree concentration at Mineral Area College was Liberal Arts & Sciences with 316 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Mineral Area College according to their major.

Sex Breakdown for Common Majors

194

Degrees Awarded to Men

in 2023

397

Degrees Awarded to Women

in 2023

In 2023, 194 degrees were awarded to men at Mineral Area College, which is 0.489 times less than the number of degrees awarded to females (397).

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

Most Common Male Majors

In 2023, 113 degrees were awarded to men at Mineral Area College in Liberal Arts & Sciences, which is 0.557 times less than the 203 female recipients with that same degree.

Most Common Female Majors

In 2023, 203 degrees were awarded to men at Mineral Area College in Liberal Arts & Sciences, which is 1.8 times more than the 113 male recipients with that same degree.

Time to Complete

31%

100% Completion Time

43%

150% Completion Time

In 2023, 31% of students graduating from Mineral Area College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 43% completed their degrees within 150% of the normal time, and 45% 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Mineral Area College is Female and Asian (100% graduation rate). Across all Associates Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 0.939% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
519 degrees awarded
Two or More Races
14 degrees awarded
Hispanic or Latino
11 degrees awarded

The most common race/ethnicity at Mineral Area College is white (519 degrees awarded). There were 37.1 times more white recipients than the next closest race/ethnicity group, two or more races (14 degrees).

1.69% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
355 degrees awarded
White Male
164 degrees awarded
Two or More Races Female
10 degrees awarded

The most common race/ethnicity and sex grouping at Mineral Area College is white female (355 degrees awarded). There were 2.16 times more white female recipients than the next closest race/ethnicity group, white male (164 degrees).

Operations

Mineral Area College has an endowment valued at nearly $6.7M, as of the end of the 2023 fiscal year. The return on its endowment was of 657k (9.79%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.

In 2023, Mineral Area College had a total salary expenditure of 26.6M. Mineral Area College employs 21 Instructors, 10 Assistant professors and 8 Professors. Most academics at Mineral Area College are Male Instructor (11), Female Instructor (10), and Female Assistant professor (8).

The most common positions for non-instructional staff at Mineral Area College are: Office and Administrative Support, with 30 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 29 employees, and Management with 28 employees.

Endowment

$6.7M

2023 Endowment

4.76%

growth from 2022

Mineral Area College has an endowment valued at about $6.7M, as of the end of the 2023 fiscal year. The endowment of Mineral Area College grew 4.76% from the previous year. The value of their endowment was $903k higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Mineral Area 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.

Salary Expenditure

$9.81M

2023 Salaries

12.7%

growth from 2022

In 2023, Mineral Area College paid a median of $9.81M in salaries, which represents 36.8% of their overall expenditure ($26.6M) and a 12.7% growth from the previous year. This is compared to a 3.32% decline between 2021 and 2022, and a 12.2% decline between 2020 and 2021.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$2.45M

Instructional Salaries

Number of Employees

In 2023, Mineral Area College paid a total of $2.45M to 45 employees working as instructors, which represents 24.9% of all salaries paid.

This is compared to a median of $731k (4.21%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

21 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

30 Employees

In 2023, the most common positions for instructional staff at Mineral Area College were Instructor with 21 employees, Assistant professor with 10 employees, and Professor with 8 employees.

In 2023, the most common positions for non-instructional staff at Mineral Area College were Office and Administrative Support with 30 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 29 employees, and Management with 28 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Instructor
Female Instructor
Female Assistant professor

In 2023, the most common demographic for instructional staff at Mineral Area College was Male Instructor with 11 employees, Female Instructor with 10 employees, and Female Assistant professor with 8 employees.

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

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