Olivet College

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2017 Undergraduate Tuition
$25,780
4.5% growth from 2016
2017 Average Net Price
$20,282
After Financial Aid
2016 Student Loan
12.8%
Default Rate
2017 Acceptance Rate
70.1%
1,293 Applicants
2017 Enrolled Students
1,224
84.3% Full-Time
2017 Graduation Rate
50.9%
110 Graduates

About

Olivet College is a higher education institution located in Eaton County, MI. In 2016, the most popular Bachelor's Degree concentrations at Olivet College were Insurance (34 degrees awarded), Criminal Justice - Safety Studies (31 degrees), and General Business Administration & Management (25 degrees).

In 2017, 220 degrees were awarded across all undergraduate and graduate programs at Olivet College. 43.2% of these degrees were awarded to women, and 56.8% awarded men. The majority of degree recipients were white (178 degrees), 10.5 times more than then the next closest race/ethnicity group, black or african american (17 degrees).

The median undergraduate tuition at Olivet College is $25,780, which is $586 more than the national average for Baccalaureate Colleges ($25,194).

Costs

The median undergraduate tuition at Olivet College is $25,780, which is $586 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $20,282.

In 2017, 95% of undergraduate students received federal grants, while 80% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$25,780
2017 Undergraduate Tuition

In 2017, the cost of tuition at Olivet College was $25,780. The cost of tuition at Olivet College is $586 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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Average Net Price

$20,282
2017 Value
3.29%
1 Year Growth

In 2017 Olivet College had an average net price — the price paid after factoring in grants and loans — of $20,282. Between 2016 and 2017, the average net price of Olivet College grew by 3.29%.

This chart compares the average net price of Olivet 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

$8,950
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Olivet College was of $8,950 in 2017. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 6.55% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

95%
Of Undergraduates Receive Grants
80%
Of Undergraduates Receive Federal Loans

95% of undergraduate students at Olivet College received grants or loans in 2017. This represents a decline of 4.04% with respect to 2016, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Olivet 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.
12.8%
2016 Default Rate
46
Number of Defaults

In 2016 the default rate for borrower's at Olivet College was 12.8%, which represents 46 out of the 359 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

Olivet College received 1,293 undergraduate applications in 2017, which represents a 51.3% annual decline. Out of those 1,293 applicants, 906 students were accepted for enrollment, representing a 70.1% acceptance rate.

There were 1,224 students enrolled at Olivet College in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Olivet College has an overall enrollment yield of 35.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

70.1%
Acceptance Rate in 2017
906
Accepted Out of 1,293

In 2017, the undergraduate acceptance rate of Olivet College was 70.1% (906 admissions from 1,293 applications). This is higher than the acceptance rate of 2016, which was 53.4%. Between 2016 and 2017, the number of applicants declined by -51.3%, while admissions declined by -36%.

This chart compares the acceptance rate of Olivet College (in red) with that of other similar universities.

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SAT Scores

N/A%
Submission Percentage
0
Scores Submitted

N/A% of enrolled first-time students at Olivet College in 2017 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

Olivet College has a total enrollment of 1,224 students. The full-time enrollment at Olivet College is 1,032 students and the part-time enrollment is 192. This means that 84.3% of students enrolled at Olivet College are enrolled full-time.

The enrolled student population at Olivet College, both undergraduate and graduate, is 67.1% White, 17.7% Black or African American, 5.72% Hispanic or Latino, 5.47% Two or More Races, 0.327% Asian, 0.0817% Native Hawaiian or Other Pacific Islanders, and 0.0817% American Indian or Alaska Native.

Students enrolled at Olivet College in full-time Undergraduate programs are majority White Male (36.6%), followed by White Female (29.5%) and Black or African American Male (13.9%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

84.3%
Full-Time Enrollment

The total enrollment at Olivet College, both undergraduate and graduate, is 1,224 students. The full-time enrollment at Olivet College is 1,032 and the part-time enrollment is 192. This means that 84.3% of students enrolled at Olivet College are enrolled full-time compared with 80.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

63%
2017 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 Olivet College was 63%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Olivet College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    821
  2. Black or African American
    217
  3. Hispanic or Latino
    70

The enrolled student population at Olivet College is 67.1% White, 17.7% Black or African American, 5.72% Hispanic or Latino, 5.47% Two or More Races, 0.327% Asian, 0.0817% Native Hawaiian or Other Pacific Islanders, and 0.0817% 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 54.9% White, 14% Black or African American, and 12.6% 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, 30 students (2.45%) did not report their race.

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Graduates

In 2017, 30 fewer women than men received degrees from Olivet College. The majority of degree recipients at Olivet College are white (178 degrees awarded). There were 10.5 times more white graduates than the next closest race/ethnicity group, black or african american (17 degrees).

The most common Bachelor's Degree concentration at Olivet College is Insurance (34 degrees awarded), followed by Criminal Justice - Safety Studies (31 degrees) and General Business Administration & Management (25 degrees).

The most specialized majors across all degree types at Olivet College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (36 degrees awarded), Natural Resources & Conservation (6 degrees), and Protective Services (31 degrees).

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 Olivet College are Accountants & auditors (1,106,478 people), Other managers (723,658 people), Financial managers (430,452 people), Physicians (401,694 people), and Elementary & middle school teachers (335,966 people).

The most specialized majors at Olivet College are Parks, Recreation, & Leisure (36 degrees awarded), Natural Resources & Conservation (6 degrees), Protective Services (31 degrees), Business (91 degrees), and Biology (13 degrees).

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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 Olivet College are Surgeons, Physicians, Dentists, Chief executives & legislators, and Magnetic resonance imaging technologists

The most specialized majors at Olivet College are Parks, Recreation, & Leisure (36 degrees awarded), Natural Resources & Conservation (6 degrees), Protective Services (31 degrees), Business (91 degrees), and Biology (13 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Olivet College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (780,488 people), Elementary & secondary schools (685,162 people), Colleges, universities & professional schools, including junior colleges (596,027 people), Banking & related activities (502,174 people), and Justice, public order, & safety activities (481,904 people).

The most specialized majors at Olivet College are Parks, Recreation, & Leisure (36 degrees awarded), Natural Resources & Conservation (6 degrees), Protective Services (31 degrees), Business (91 degrees), and Biology (13 degrees).

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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 Olivet College.
Most Common
  1. 34 degree-majorss awarded
  2. 31 degree-majorss awarded
  3. 25 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Olivet College was Insurance with 34 degree-majorss awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men
  1. 125
  2. 95

In 2017, 125 degrees were awarded to men at Olivet College, which is 1.32 times more than the number of degrees awarded to females (95).

This chart displays the gender disparity between the top 5 majors at Olivet College by degrees awarded.

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Most Common Male Majors

In 2017, 37 degrees were awarded to men at Olivet College in Insurance, which is 2.85 times more than the 13 female recipients with that same degree.

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Most Common Female Majors

In 2017, 15 degrees were awarded to women at Olivet College in Criminal Justice - Safety Studies, which is 0.938 times less than the 16 male recipients with that same degree.

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Time to Complete

26%
100% Completion Time
45%
150% Completion Time

In 2017, 26% of students graduating from Olivet College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 48% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Olivet College is Female and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (68.1%).

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, 0.909% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    178 degrees awarded
  2. Black or African American
    17 degrees awarded
  3. Hispanic or Latino
    13 degrees awarded

The most common race/ethnicity at Olivet College is white (178 degrees awarded). There were 10.5 times more white recipients than the next closest race/ethnicity group, black or african american (17 degrees).

1.36% of degree recipients (3 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    106 degrees awarded
  2. White Female
    72 degrees awarded
  3. Black or African American Female
    10 degrees awarded

The most common race/ethnicity and gender grouping at Olivet College is white male (106 degrees awarded). There were 1.47 times more white male recipients than the next closest race/ethnicity group, white female (72 degrees).

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Operations

Olivet College has an endowment valued at nearly $19.3M, as of the end of the 2017 fiscal year. The return on its endowment was of $2.44M (12.7%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Olivet College had a total salary expenditure of $22.2M. Olivet College employs 23 Assistant professors, 15 Associate professors, and 9 Professors. Most academics at Olivet College are Male Assistant professors (12), Female Assistant professors(11), and Male Associate professors (8).

The most common positions for non-instructional staff at Olivet College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 44 employees, Management, with 27 employees, and Service with 17 employees.

Finances

Endowment

$19.3M
2017 Endowment
14.5%
growth from 2016

Olivet College has an endowment valued at about $19.3M, as of the end of the 2017 fiscal year. The endowment of Olivet College grew 14.5% from the previous year. The value of their endowment was $17.9M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Olivet 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.

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Government Grants and Contracts

Grants & Contracts
  1. $0 - Federal
  2. $0 - State
  3. $0 - Local

As of 2017, Olivet College 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

Salary Expenditure

$9.6M
2017 Salaries
12.1%
growth from 2016

In 2017, Olivet College paid a median of $9.6M in salaries, which represents 43.2% of their overall expenditure ($22.2M) and a 12.1% growth from the previous year. This is compared to a 26.6% growth from 2015 and a 22.9% decline from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

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Instructional Salaries

$2.55M
Instructional Salaries
47
Number of Employees

In 2017, Olivet College paid a total of $2.55M to 47 employees working as instructors, which represents 26.6% of all salaries paid.

This is compared to a median of $3.02M (30.9%) for similar Baccalaureate Colleges: Diverse Fields.

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Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
23 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
44 Employees

In 2017, the most common positions for instructional staff at Olivet College were Assistant professor with 23 employees; Associate professor with 15 employees; and Associate professor with 9 employees.

In 2017, the most common positions for non-instructional staff at Olivet College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 44 employees; Management with 27 employees; and Service with 17 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male Assistant professor
  2. Female Assistant professor
  3. Male Associate professor

In 2017, the most common demographic for instructional staff at Olivet College was Male Assistant professor with 12 employees, Female Assistant professor with 11 employees, and Male Associate professor with 8 employees.

This chart shows the gender split between each academic rank present at Olivet College.

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