Montreat College

www.montreat.edu

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2023 Undergraduate Tuition
$31,460
4% growth from 2022
2023 Average Net Price
$26,294
After Financial Aid
2021 Default Rate
0%
on Student Loans
2023 Acceptance Rate
65.6%
2,154 Applicants
2023 Enrolled Students
932
88.2% Full-Time
2023 Graduation Rate
41.3%
71 Graduates

About

Montreat College is a higher education institution located in Buncombe County, NC. In 2023, the most popular Bachelors Degree concentrations at Montreat College were Computer & Information Systems Security (31 degrees awarded), Other Psychology (27 degrees), and General Business Administration & Management (23 degrees).

In 2023, 208 degrees were awarded across all undergraduate and graduate programs at Montreat College. 55.8% of these degrees were awarded to women, and 44.2% awarded men. The most common race/ethnicity group of degree recipients was white (129 degrees), 6.14 times more than then the next closest race/ethnicity group, black or african american (21 degrees).

The median undergraduate tuition at Montreat College is $31,460, which is $6,885 more than the national average for Masters Colleges and Universities ($24,575).

In 2021 the default rate for borrower's at Montreat College was 0%, corresponding to 0 out of the 280 total borrowers.

Masters Colleges & Universities: Small ProgramsMasters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Montreat College is $31,460, which is $6,885 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $26,294.

In 2023, 93% of undergraduate students attending Montreat College received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$31,460
2023 Undergraduate Tuition

In 2023, the cost of tuition at Montreat College was $31,460. The cost of tuition at Montreat College is $6,885 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

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Average Net Price

$26,294
2023 Value
3.17%
1 Year Growth

In 2023 Montreat College had an average net price — the price paid after factoring in grants and loans — of $26,294. Between 2022 and 2023, the average net price of Montreat College grew by 3.17%.

This chart compares the average net price of Montreat 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.

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Other Student Expenses

$11,335
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Montreat College was of $11,335 in 2023. The cost of room and board increased by 41.1% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

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

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Financial Aid by Income Level

93%
Undergraduates Receiving Financial Aid through Grants
67%
Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Montreat College received financial aid through grants or loans in 2023. This represents a decline of 2.11% with respect to 2022, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Montreat 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.

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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.
0%
2021 Default Rate
0
Number of Defaults

In 2021 the default rate for borrower's at Montreat College was 0%, which represents 0 out of the 280 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

Montreat College received 2,154 undergraduate applications in 2023, which represents a 49.6% annual growth. Out of those 2,154 applicants, 1,412 students were accepted for enrollment, representing a 65.6% acceptance rate.

There were 932 students enrolled at Montreat College in 2023.

Montreat College has an overall enrollment yield of 14.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

65.6%
Acceptance Rate in 2023
1,412
Accepted Out of 2,154

In 2023, the undergraduate acceptance rate of Montreat College was 65.6% (1,412 admissions from 2,154 applications). This is lower than the acceptance rate of 2022, which was 68.1%. Between 2022 and 2023, the number of applicants grew by 49.6%, while admissions grew by 44.1%.

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

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SAT Scores

0% of enrolled first-time students at Montreat College in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Montreat College had a total enrollment of 932 students in 2023. The full-time enrollment at Montreat College is 822 students and the part-time enrollment is 110. This means that 88.2% of students enrolled at Montreat College are enrolled full-time.

The enrolled student population at Montreat College, both undergraduate and graduate, is 59.3% White, 13% Black or African American, 1.93% American Indian or Alaska Native, 1.82% Native Hawaiian or Other Pacific Islanders, 1.07% Two or More Races, 1.07% Asian, and 0.966% Hispanic or Latino.

Students enrolled at Montreat College in full-time Undergraduate programs are most commonly White Male (31.8%), followed by White Female (27%) and Black or African American Male (6.15%). Students enrolled in full-time Graduate programs are most commonly White Female (30.9%), followed by White Male (20.6%) and Black or African American Female (11.7%).

Full-Time vs Part-Time Enrollment

88.2%
Full-Time Enrollment

The total enrollment at Montreat College in 2023, both undergraduate and graduate, is 932 students. The full-time enrollment at Montreat College is 822 and the part-time enrollment is 110. This means that 88.2% of students enrolled at Montreat College are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

62%
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 Montreat College was 62%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Montreat College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    553 enrolled students
  2. Black or African American
    121 enrolled students
  3. American Indian or Alaska Native
    18 enrolled students

The enrolled student population at Montreat College is 59.3% White, 13% Black or African American, 1.93% American Indian or Alaska Native, 1.82% Native Hawaiian or Other Pacific Islanders, 1.07% Two or More Races, 1.07% Asian, and 0.966% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 185 students (19.8%) did not report their race.

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Graduates

In 2023, 24 more women than men received degrees from Montreat College. The most common race/ethnicity group of degree recipients at Montreat College is white (129 degrees awarded). There were 6.14 times more white recipients than the next closest race/ethnicity group, black or african american (21 degrees).

The most common Bachelor's Degree concentration at Montreat College is Computer & Information Systems Security (31 degrees awarded), followed by Other Psychology (27 degrees) and General Business Administration & Management (23 degrees).

In 2023,  the most specialized majors across all degree types at Montreat College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Psychology (27 degrees awarded), Biology (22 degrees), and Theology (3 degrees).

Common Jobs by Major

Software developers
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Montreat College are Software developers (641,531 people), Physicians (447,008 people), Other managers (353,638 people), Elementary & middle school teachers (269,158 people), and Postsecondary teachers (252,796 people).

The most specialized majors at Montreat College in 2023 are Psychology (27 degrees awarded), Biology (22 degrees), Theology (3 degrees), Computer and Information Sciences and Support Services (33 degrees), and English (5 degrees) (as of 2023).

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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 Montreat College are Surgeons, Cardiovascular technologists and technicians, Physicians, Architectural & engineering managers, and Securities, commodities, & financial services sales agents

The most specialized majors at Montreat College are Psychology (27 degrees awarded), Biology (22 degrees), Theology (3 degrees), Computer and Information Sciences and Support Services (33 degrees), and English (5 degrees) (as of 2023).

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Common Industries by Major

uninformed
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Montreat College are uninformed (815,594 people), Elementary & secondary schools (784,681 people), Computer Systems Design (753,045 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (716,644 people), and Colleges, universities & professional schools, including junior colleges (645,077 people).

The most specialized majors at Montreat College are Psychology (27 degrees awarded), Biology (22 degrees), Theology (3 degrees), Computer and Information Sciences and Support Services (33 degrees), and English (5 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Montreat College.
Most Common (2023)
  1. Computer & Information Systems Security
    31 degrees awarded
  2. Other Psychology
    27 degrees awarded
  3. General Business Administration & Management
    23 degrees awarded

In 2023, the most common bachelors degree concentration at Montreat College was Computer & Information Systems Security with 31 degrees awarded.

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

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Sex Breakdown for Common Majors

92
Degrees Awarded to Men
in 2023
116
Degrees Awarded to Women
in 2023

In 2023, 92 degrees were awarded to men at Montreat College, which is 0.793 times less than the number of degrees awarded to females (116).

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

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Most Common Male Majors

In 2023, 15 degrees were awarded to men at Montreat College in Computer & Information Systems Security, which is 0.833 times less than the 18 female recipients with that same degree.

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Most Common Female Majors

In 2023, 18 degrees were awarded to men at Montreat College in Computer & Information Systems Security, which is 1.2 times more than the 15 male recipients with that same degree.

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Time to Complete

26%
100% Completion Time
28%
150% Completion Time

In 2023, 26% of students graduating from Montreat College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 28% completed their degrees within 150% of the normal time, and 31% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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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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 in 2023 at Montreat College is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (74.3%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    129 degrees awarded
  2. Black or African American
    21 degrees awarded
  3. Hispanic or Latino
    12 degrees awarded

The most common race/ethnicity at Montreat College is white (129 degrees awarded). There were 6.14 times more white recipients than the next closest race/ethnicity group, black or african american (21 degrees).

10.6% of degree recipients (22 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    75 degrees awarded
  2. White Male
    54 degrees awarded
  3. Black or African American Female
    14 degrees awarded

The most common race/ethnicity and sex grouping at Montreat College is white female (75 degrees awarded). There were 1.39 times more white female recipients than the next closest race/ethnicity group, white male (54 degrees).

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Operations

Montreat College has an endowment valued at nearly $9.78M, as of the end of the 2023 fiscal year. The return on its endowment was of 485k (4.96%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Montreat College had a total salary expenditure of 30.7M. Montreat College employs 37 Assistant professors, 10 Professors and 6 Associate professors. Most academics at Montreat College are Female Assistant professor (19), Male Assistant professor (18), and Male Professor (8).

The most common positions for non-instructional staff at Montreat College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 45 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 36 employees, and Business and Financial Operations with 12 employees.

Endowment

$9.78M
2023 Endowment
4.53%
growth from 2022

Montreat College has an endowment valued at about $9.78M, as of the end of the 2023 fiscal year. The endowment of Montreat College grew 4.53% from the previous year. The value of their endowment was $39.9M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Small Programs Carnegie Classification grouping.

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Salary Expenditure

$11.1M
2023 Salaries
11.8%
growth from 2022

In 2023, Montreat College paid a median of $11.1M in salaries, which represents 36.2% of their overall expenditure ($30.7M) and a 11.8% growth from the previous year. This is compared to a 19.1% growth between 2021 and 2022, and a 4.58% growth between 2020 and 2021.

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Instructional Salaries

$3.33M
Instructional Salaries
55
Number of Employees

In 2023, Montreat College paid a total of $3.33M to 55 employees working as instructors, which represents 29.9% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

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Occupations by Share

Assistant professor
Most Common Instructor
37 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
45 Employees

In 2023, the most common positions for instructional staff at Montreat College were Assistant professor with 37 employees, Professor with 10 employees, and Associate professor with 6 employees.

In 2023, the most common positions for non-instructional staff at Montreat College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 45 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 36 employees, and Business and Financial Operations with 12 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Female Assistant professor
  2. Male Assistant professor
  3. Male Professor

In 2023, the most common demographic for instructional staff at Montreat College was Female Assistant professor with 19 employees, Male Assistant professor with 18 employees, and Male Professor with 8 employees.

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

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