Morehouse College

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2021 Undergraduate Tuition
$27,038
2021 Average Net Price
$20,492
After Financial Aid
2019 Student Loan
4.19%
Default Rate
2021 Acceptance Rate
65.2%
3,777 Applicants
2021 Enrolled Students
2,554
86% Full-Time
2021 Graduation Rate
46.9%
269 Graduates

About

Morehouse College is a higher education institution located in Fulton County, GA. In 2021, the most popular Bachelors Degree concentrations at Morehouse College were General Business Administration & Management (108 degrees awarded), General Biological Sciences (45 degrees), and General Political Science & Government (32 degrees).

In 2021, 437 degrees were awarded across all undergraduate and graduate programs at Morehouse College. 0% of these degrees were awarded to women, and 100% awarded men. The most common race/ethnicity group of degree recipients was black or african american (393 degrees), 15.1 times more than then the next closest race/ethnicity group, two or more races (26 degrees).

The median undergraduate tuition at Morehouse College is $27,038, which is $−1,467 less than the national average for Baccalaureate Colleges ($28,505).

dollarCosts

In 2021, the median undergraduate tuition at Morehouse College is $27,038, which is $−1,467 less than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $20,492.

In 2021, 87% of undergraduate students attending Morehouse College received financial aid through grants. Comparatively, 54% of undergraduate students received financial aid through loans.

Tuition Costs

$27,038
2021 Undergraduate Tuition

In 2021, the cost of tuition at Morehouse College was $27,038. The cost of tuition at Morehouse College is $−1,467 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

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Average Net Price

$20,492
2021 Value
33.6%
1 Year Growth

In 2021 Morehouse College had an average net price — the price paid after factoring in grants and loans — of $20,492. Between 2020 and 2021, the average net price of Morehouse College grew by 33.6%.

This chart compares the average net price of Morehouse 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

$14,272
Room and Board
$2,000
Books and Supplies

The average yearly cost of room and board at Morehouse College was of $14,272 in 2021. The cost of room and board increased by 1.65% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $2,000. The cost of books and supplies decreased by 2.58% during the same period.

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

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Financial Aid by Income Level

87%
Undergraduates Receiving Financial Aid through Grants
54%
Undergraduates Receiving Financial Aid through Loans

87% of undergraduate students at Morehouse College received financial aid through grants or loans in 2021. This represents a growth of 14.5% with respect to 2020, when 76% of undergraduate students received financial aid.

This chart compares the average award discount at Morehouse 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.
4.19%
2019 Default Rate
26
Number of Defaults

In 2019 the default rate for borrower's at Morehouse College was 4.19%, which represents 26 out of the 620 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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predictive-analysisAdmissions

Morehouse College received 3,777 undergraduate applications in 2021, which represents a 15.9% annual growth. Out of those 3,777 applicants, 2,462 students were accepted for enrollment, representing a 65.2% acceptance rate.

There were 2,554 students enrolled at Morehouse College in 2021.

Morehouse College has an overall enrollment yield of 25.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

65.2%
Acceptance Rate in 2021
2,462
Accepted Out of 3,777

In 2021, the undergraduate acceptance rate of Morehouse College was 65.2% (2,462 admissions from 3,777 applications). This is lower than the acceptance rate of 2020, which was 77.1%. Between 2020 and 2021, the number of applicants grew by 15.9%, while admissions declined by −1.95%..

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

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bookEnrollment

Morehouse College had a total enrollment of 2,554 students in 2021. The full-time enrollment at Morehouse College is 2,197 students and the part-time enrollment is 357. This means that 86% of students enrolled at Morehouse College are enrolled full-time.

The enrolled student population at Morehouse College, both undergraduate and graduate, is 98.4% Black or African American, 0.783% Two or More Races, 0.117% Hispanic or Latino, 0.0783% White, and 0.0392% American Indian or Alaska Native.

Students enrolled at Morehouse College in full-time Undergraduate programs are most commonly Black or African American Male (98.5%), followed by Two or More Races Male (0.683%) and Hispanic or Latino Male (0.137%).

Full-Time vs Part-Time Enrollment

86%
Full-Time Enrollment

The total enrollment at Morehouse College in 2021, both undergraduate and graduate, is 2,554 students. The full-time enrollment at Morehouse College is 2,197 and the part-time enrollment is 357. This means that 86% of students enrolled at Morehouse 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 Morehouse College (in red) compares to similar universities.

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Retention Rate over Time

86%
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 Morehouse College was 86%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Morehouse College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. Black or African American
    2,514 enrolled students
  2. Two or More Races
    20 enrolled students
  3. Hispanic or Latino
    3 enrolled students

The enrolled student population at Morehouse College is 98.4% Black or African American, 0.783% Two or More Races, 0.117% Hispanic or Latino, 0.0783% White, and 0.0392% American Indian or Alaska Native. 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, 0 students (0%) did not report their race.

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learningGraduates

In 2021, 437 fewer women than men received degrees from Morehouse College. The most common race/ethnicity group of degree recipients at Morehouse College is black or african american (393 degrees awarded). There were 15.1 times more black or african american recipients than the next closest race/ethnicity group, two or more races (26 degrees).

The most common Bachelor's Degree concentration at Morehouse College is General Business Administration & Management (108 degrees awarded), followed by General Biological Sciences (45 degrees) and General Political Science & Government (32 degrees).

In 2021,  the most specialized majors across all degree types at Morehouse College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are PHILOSOPHY AND RELIGIOUS STUDIES. (10 degrees awarded), Physical Sciences (23 degrees), and Parks, Recreation, & Leisure (30 degrees).

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 Morehouse College are Postsecondary teachers (173,108 people), Elementary & middle school teachers (162,379 people), Other managers (145,660 people), Lawyers, & judges, magistrates, & other judicial workers (121,024 people), and Secondary school teachers (103,416 people).

The most specialized majors at Morehouse College in 2021 are PHILOSOPHY AND RELIGIOUS STUDIES. (10 degrees awarded), Physical Sciences (23 degrees), Parks, Recreation, & Leisure (30 degrees), English (21 degrees), and Cultural & Gender Studies (6 degrees) (as of 2021).

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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 Morehouse College are Surgeons, Media and communication workers, all other, Securities, commodities, & financial services sales agents, Cardiovascular technologists and technicians, and Physicians

The most specialized majors at Morehouse College are PHILOSOPHY AND RELIGIOUS STUDIES. (10 degrees awarded), Physical Sciences (23 degrees), Parks, Recreation, & Leisure (30 degrees), English (21 degrees), and Cultural & Gender Studies (6 degrees) (as of 2021).

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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 Morehouse College are Elementary & secondary schools (369,240 people), Colleges, universities & professional schools, including junior colleges (336,487 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (170,902 people), Computer Systems Design (127,136 people), and Legal services (101,610 people).

The most specialized majors at Morehouse College are PHILOSOPHY AND RELIGIOUS STUDIES. (10 degrees awarded), Physical Sciences (23 degrees), Parks, Recreation, & Leisure (30 degrees), English (21 degrees), and Cultural & Gender Studies (6 degrees) (as of 2021).

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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 Morehouse College.
Most Common (2021)
  1. 108 degree-majors awarded
  2. 45 degree-majors awarded
  3. 32 degree-majors awarded

In 2021, the most common bachelors degree concentration at Morehouse College was General Business Administration & Management with 108 degrees awarded.

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

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Sex Breakdown for Common Majors

437
Degrees Awarded to Men
in 2021
0
Degrees Awarded to Women
in 2021

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

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Most Common Male Majors

In 2021, 108 degrees were awarded to men at Morehouse College in General Business Administration & Management. There were no female recipients with the same degree.

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Time to Complete

33%
100% Completion Time
54%
150% Completion Time

In 2021, 33% of students graduating from Morehouse College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 54% completed their degrees within 150% of the normal time, and 55% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Morehouse College is Male and White (100% 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, 2.23% of graduates (6 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. Black or African American
    393 degrees awarded
  2. Two or More Races
    26 degrees awarded
  3. White
    2 degrees awarded

The most common race/ethnicity at Morehouse College is black or african american (393 degrees awarded). There were 15.1 times more black or african american recipients than the next closest race/ethnicity group, two or more races (26 degrees).

1.83% of degree recipients (8 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. Black or African American Male
    393 degrees awarded
  2. Two or More Races Male
    26 degrees awarded
  3. White Male
    2 degrees awarded

The most common race/ethnicity and sex grouping at Morehouse College is black or african american male (393 degrees awarded). There were 15.1 times more black or african american male recipients than the next closest race/ethnicity group, two or more races male (26 degrees).

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briefcaseOperations

Morehouse College has an endowment valued at nearly $278M, as of the end of the 2021 fiscal year. The return on its endowment was of 53.6M (19.3%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Morehouse College had a total salary expenditure of 78.1M. Morehouse College employs 53 Associate professors, 51 Assistant professors and 37 Professors. Most academics at Morehouse College are Male Associate professor (33), Male Assistant professor (29), and Male Professor (24).

The most common positions for non-instructional staff at Morehouse College are: Management, with 87 employees, Office and Administrative Support, with 69 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 38 employees.

Endowment

$278M
2021 Endowment
77%
growth from 2020

Morehouse College has an endowment valued at about $278M, as of the end of the 2021 fiscal year. The endowment of Morehouse College grew 77% from the previous year. The value of their endowment was $226M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Morehouse 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: Arts & Sciences Focus Carnegie Classification grouping.

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Salary Expenditure

$32.8M
2021 Salaries
6.05%
decline from 2020

In 2021, Morehouse College paid a median of $32.8M in salaries, which represents 42% of their overall expenditure ($78.1M) and a 6.05% decline from the previous year.

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

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Instructional Salaries

$10.3M
Instructional Salaries
148
Number of Employees

In 2021, Morehouse College paid a total of $10.3M to 148 employees working as instructors, which represents 31.4% of all salaries paid.

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

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Occupations by Share

Associate professor
Most Common Instructor
53 Employees
Management
Most Common Non-Instructional Employee
87 Employees

In 2021, the most common positions for instructional staff at Morehouse College were Associate professor with 53 employees, Assistant professor with 51 employees, and Professor with 37 employees.

In 2021, the most common positions for non-instructional staff at Morehouse College were Management with 87 employees, Office and Administrative Support with 69 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 38 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2021)
  1. Male Associate professor
  2. Male Assistant professor
  3. Male Professor

In 2021, the most common demographic for instructional staff at Morehouse College was Male Associate professor with 33 employees, Male Assistant professor with 29 employees, and Male Professor with 24 employees.

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

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