Olivet College

https://www.olivetcollege.edu/

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2020 Undergraduate Tuition

$30,126

8.76% growth from 2019

2020 Average Net Price

$21,331

After Financial Aid

2018 Student Loan

14.7%

Default Rate

2020 Acceptance Rate

60.3%

2,134 Applicants

2020 Enrolled Students

1,023

86.7% Full-Time

2020 Graduation Rate

48.8%

105 Graduates

About

Olivet College is a higher education institution located in Eaton County, MI. In 2020, the most popular Bachelor's Degree concentrations at Olivet College were General Biological Sciences (23 degrees awarded), General Business Administration & Management (23 degrees), and Insurance (18 degrees).

In 2020, 206 degrees were awarded across all undergraduate and graduate programs at Olivet College. 50.5% of these degrees were awarded to women, and 49.5% awarded men. The most common race/ethnicity group of degree recipients was white (160 degrees), 8 times more than then the next closest race/ethnicity group, black or african american (20 degrees).

The median undergraduate tuition at Olivet College is $30,126, which is $1,726 more than the national average for Baccalaureate Colleges ($28,400).

Costs

The median undergraduate tuition at Olivet College is $30,126, which is $1,726 more than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $21,331.

In 2020, 94% of undergraduate students attending Olivet College received financial aid through grants. Comparatively, 79% of undergraduate students received financial aid through loans.

Tuition Costs

$30,126

2020 Undergraduate Tuition

In 2020, the cost of tuition at Olivet College was $30,126. The cost of tuition at Olivet College is $1,726 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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

Average Net Price

$21,331

2020 Value

4.09%

1 Year Growth

In 2020 Olivet College had an average net price — the price paid after factoring in grants and loans — of $21,331. Between 2019 and 2020, the average net price of Olivet College grew by 4.09%.

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.

Other Student Expenses

$10,100

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Olivet College was of $10,100 in 2020. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 5.32% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

94%

Undergraduates Receiving Financial Aid through Grants

79%

Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Olivet College received financial aid through grants or loans in 2020. This represents a growth of 1.08% with respect to 2019, when 93% 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.

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.

14.7%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Olivet College was 14.7%, which represents 55 out of the 374 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

Olivet College received 2,134 undergraduate applications in 2020, which represents a Infinityk% annual growth. Out of those 2,134 applicants, 1,287 students were accepted for enrollment, representing a 60.3% acceptance rate.

There were 1,023 students enrolled at Olivet College in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Olivet College has an overall enrollment yield of 23.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

60.3%

Acceptance Rate in 2020

1,287

Accepted Out of 2,134

In 2020, the undergraduate acceptance rate of Olivet College was 60.3% (1,287 admissions from 2,134 applications). This is higher than the acceptance rate of false, which was N/A%. Between false and 2020, the number of applicants grew by Infinityk%, while admissions grew by Infinityk%.

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

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Olivet College in 2020 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.

Enrollment

Olivet College has a total enrollment of 1,023 students. The full-time enrollment at Olivet College is 887 students and the part-time enrollment is 136. This means that 86.7% of students enrolled at Olivet College are enrolled full-time.

The enrolled student population at Olivet College, both undergraduate and graduate, is 65.6% White, 20.7% Black or African American, 5.28% Hispanic or Latino, 4.59% Two or More Races, 0.684% Asian, 0.0978% Native Hawaiian or Other Pacific Islanders, and 0.0978% American Indian or Alaska Native.

Students enrolled at Olivet College in full-time Undergraduate programs are most commonly White Male (34.2%), followed by White Female (32.4%) and Black or African American Male (14.7%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

86.7%

Full-Time Enrollment

The total enrollment at Olivet College, both undergraduate and graduate, is 1,023 students. The full-time enrollment at Olivet College is 887 and the part-time enrollment is 136. This means that 86.7% of students enrolled at Olivet College are enrolled full-time compared with 80.1% at similar Baccalaureate Colleges.

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

Retention Rate over Time

57%

2020 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 57%. 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
671
Black or African American
212
Hispanic or Latino
54

The enrolled student population at Olivet College is 65.6% White, 20.7% Black or African American, 5.28% Hispanic or Latino, 4.59% Two or More Races, 0.684% Asian, 0.0978% Native Hawaiian or Other Pacific Islanders, and 0.0978% 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 54.8% White, 13.8% 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, 26 students (2.54%) did not report their race.

Graduates

In 2020, 2 more women than men received degrees from Olivet College. The most common race/ethnicity group of degree recipients at Olivet College is white (160 degrees awarded). There were 8 times more white graduates than the next closest race/ethnicity group, black or african american (20 degrees).

The most common Bachelor's Degree concentration at Olivet College is General Biological Sciences (23 degrees awarded), followed by General Business Administration & Management (23 degrees) and Insurance (18 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 (26 degrees awarded), English (9 degrees), and Biology (25 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 Olivet College are Physicians (392,027 people), Elementary & middle school teachers (219,275 people), Other managers (210,824 people), Postsecondary teachers (186,407 people), and Police officers (138,146 people).

The most specialized majors at Olivet College are Parks, Recreation, & Leisure (26 degrees awarded), English (9 degrees), Biology (25 degrees), Natural Resources & Conservation (4 degrees), and Protective Services (17 degrees).

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 Olivet College are Surgeons, Physicians, Nuclear medicine technologists and medical dosimetrists, Nurse anesthetists, and Chief executives & legislators

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 Olivet College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (530,429 people), Elementary & secondary schools (464,368 people), Colleges, universities & professional schools, including junior colleges (426,283 people), Justice, public order, & safety activities (355,287 people), and Offices of physicians (197,233 people).

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

General Biological Sciences
23 degree-majorss awarded
General Business Administration & Management
23 degree-majorss awarded
Insurance
18 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Olivet College was General Biological Sciences with 23 degrees awarded.

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

Sex Breakdown for Common Majors

102

Degrees Awarded to Men

in 2020

104

Degrees Awarded to Women

in 2020

In 2020, 102 degrees were awarded to men at Olivet College, which is 0.981 times less than the number of degrees awarded to females (104).

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

Most Common Male Majors

In 2020, 21 degrees were awarded to men at Olivet College in Insurance, which is 2.1 times more than the 10 female recipients with that same degree.

Most Common Female Majors

In 2020, 16 degrees were awarded to women at Olivet College in General Biological Sciences, which is 2.29 times more than the 7 male recipients with that same degree.

Time to Complete

39%

100% Completion Time

48%

150% Completion Time

In 2020, 39% of students graduating from Olivet College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 48% 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.

Graduation Rate by Race and Sex

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 (72.4%).

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% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
160 degrees awarded
Black or African American
20 degrees awarded
Two or More Races
10 degrees awarded

The most common race/ethnicity at Olivet College is white (160 degrees awarded). There were 8 times more white recipients than the next closest race/ethnicity group, black or african american (20 degrees).

2.91% of degree recipients (6 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
81 degrees awarded
White Male
79 degrees awarded
Black or African American Male
11 degrees awarded

The most common race/ethnicity and sex grouping at Olivet College is white female (81 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white male (79 degrees).

Operations

Olivet College has an endowment valued at nearly $21.1M, as of the end of the 2020 fiscal year. The return on its endowment was of $890k (4.23%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Olivet College had a total salary expenditure of $22.8M. Olivet College employs 19 Assistant professors, 18 Associate professors, and 8 Professors. Most academics at Olivet College are Male Associate professors (11), Female Assistant professors(11), and Male Assistant 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 40 employees, Management, with 28 employees, and Service with 16 employees.

Endowment

$21.1M

2020 Endowment

2.27%

growth from 2019

Olivet College has an endowment valued at about $21.1M, as of the end of the 2020 fiscal year. The endowment of Olivet College grew 2.27% from the previous year. The value of their endowment was $18.8M 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.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2020, 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.

Salary Expenditure

$10.1M

2020 Salaries

4.17%

decline from 2019

In 2020, Olivet College paid a median of $10.1M in salaries, which represents 44.2% of their overall expenditure ($22.8M) and a 4.17% decline from the previous year. This is compared to a 5.35% growth from 2018 and a 4.31% growth from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

Instructional Salaries

$2.53M

Instructional Salaries

Number of Employees

In 2020, Olivet College paid a total of $2.53M to 45 employees working as instructors, which represents 25.1% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

19 Employees

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

Most Common Non-Instructional Employee

40 Employees

In 2020, the most common positions for instructional staff at Olivet College were Assistant professor with 19 employees; Associate professor with 18 employees; and Associate professor with 8 employees.

In 2020, the most common positions for non-instructional staff at Olivet College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 40 employees; Management with 28 employees; and Service with 16 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Associate professor
Female Assistant professor
Male Assistant professor

In 2020, the most common demographic for instructional staff at Olivet College was Male Associate professor with 11 employees, Female Assistant professor with 11 employees, and Male Assistant professor with 8 employees.

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