Randolph College (233301)

www.randolphcollege.edu

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2023 Undergraduate Tuition

$28,330

3.89% growth from 2022

2023 Average Net Price

$20,856

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

94.9%

1,935 Applicants

2023 Enrolled Students

634

96.5% Full-Time

2023 Graduation Rate

51.5%

104 Graduates

About

Randolph College (233301) is a higher education institution located in Lynchburg city, VA. In 2023, the most popular Masters Degree concentrations at Randolph College (233301) were Creative Writing (23 degrees awarded), Curriculum & Instruction (7 degrees), and Sports Studies (7 degrees).

In 2023, 150 degrees were awarded across all undergraduate and graduate programs at Randolph College (233301). 61.3% of these degrees were awarded to women, and 38.7% awarded men. The most common race/ethnicity group of degree recipients was white (94 degrees), 3.76 times more than then the next closest race/ethnicity group, black or african american (25 degrees).

The median undergraduate tuition at Randolph College (233301) is $28,330, which is $−950 less than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Randolph College (233301) was 0%, corresponding to 0 out of the 192 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Randolph College (233301) is $28,330, which is $950 less than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $20,856.

In 2023, 96% of undergraduate students attending Randolph College (233301) received financial aid through grants. Comparatively, 56% of undergraduate students received financial aid through loans.

Tuition Costs

$28,330

2023 Undergraduate Tuition

In 2023, the cost of tuition at Randolph College (233301) was $28,330. The cost of tuition at Randolph College (233301) is $−950 less than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Randolph College (233301) (in red) with those of other similar universities.

Average Net Price

$20,856

2023 Value

8.87%

1 Year Growth

In 2023 Randolph College (233301) had an average net price — the price paid after factoring in grants and loans — of $20,856. Between 2022 and 2023, the average net price of Randolph College (233301) grew by 8.87%.

This chart compares the average net price of Randolph College (233301) (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

$11,430

Room and Board

$1,280

Books and Supplies

The average yearly cost of room and board at Randolph College (233301) was of $11,430 in 2023. The cost of room and board increased by 3.91% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,280. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Randolph College (233301) (in red) with that of similar universities.

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

56%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Randolph College (233301) received financial aid through grants or loans in 2023. This represents a decline of 4% with respect to 2022, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Randolph College (233301) (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 Randolph College (233301) was 0%, which represents 0 out of the 192 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

Randolph College (233301) received 1,935 undergraduate applications in 2023, which represents a 20.8% annual growth. Out of those 1,935 applicants, 1,837 students were accepted for enrollment, representing a 94.9% acceptance rate.

There were 634 students enrolled at Randolph College (233301) in 2023. 5% of first-time enrollees submitted SAT scores with their applications.

Randolph College (233301) has an overall enrollment yield of 10.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

94.9%

Acceptance Rate in 2023

1,837

Accepted Out of 1,935

In 2023, the undergraduate acceptance rate of Randolph College (233301) was 94.9% (1,837 admissions from 1,935 applications). This is lower than the acceptance rate of 2022, which was 95%. Between 2022 and 2023, the number of applicants grew by 20.8%, while admissions grew by 20.7%.

This chart compares the acceptance rate of Randolph College (233301) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

Submission Percentage (2023)

Scores Submitted (2023)

5% of enrolled first-time students at Randolph College (233301) in 2023 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.

Enrollment

Randolph College (233301) had a total enrollment of 634 students in 2023. The full-time enrollment at Randolph College (233301) is 612 students and the part-time enrollment is 22. This means that 96.5% of students enrolled at Randolph College (233301) are enrolled full-time.

The enrolled student population at Randolph College (233301), both undergraduate and graduate, is 57.6% White, 20.8% Black or African American, 9.46% Hispanic or Latino, 3.15% Two or More Races, 3.15% Asian, 0.946% American Indian or Alaska Native, and 0.315% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Randolph College (233301) in full-time Undergraduate programs are most commonly White Female (35.7%), followed by White Male (21.6%) and Black or African American Female (12.1%). Students enrolled in full-time Graduate programs are most commonly White Female (45.6%), followed by White Male (15.6%) and Black or African American Female (13.8%).

Full-Time vs Part-Time Enrollment

96.5%

Full-Time Enrollment

The total enrollment at Randolph College (233301) in 2023, both undergraduate and graduate, is 634 students. The full-time enrollment at Randolph College (233301) is 612 and the part-time enrollment is 22. This means that 96.5% of students enrolled at Randolph College (233301) are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Randolph College (233301) (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 Randolph College (233301) was 68%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Randolph College (233301) had a retention rate lower than its peers.

This chart shows the retention rate over time at Randolph College (233301) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
365 enrolled students
Black or African American
132 enrolled students
Hispanic or Latino
60 enrolled students

The enrolled student population at Randolph College (233301) is 57.6% White, 20.8% Black or African American, 9.46% Hispanic or Latino, 3.15% Two or More Races, 3.15% Asian, 0.946% American Indian or Alaska Native, and 0.315% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 8 students (1.26%) did not report their race.

Graduates

In 2023, 34 more women than men received degrees from Randolph College (233301). The most common race/ethnicity group of degree recipients at Randolph College (233301) is white (94 degrees awarded). There were 3.76 times more white recipients than the next closest race/ethnicity group, black or african american (25 degrees).

The most common Masters Degree concentration at Randolph College (233301) is Creative Writing (23 degrees awarded), followed by Curriculum & Instruction (7 degrees) and Sports Studies (7 degrees).

In 2023, the most specialized majors across all degree types at Randolph College (233301), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are English (26 degrees awarded), Parks, Recreation, & Leisure (23 degrees), and Philosophy and Religious Studies (6 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Randolph College (233301) are Lawyers, & judges, magistrates, & other judicial workers (202,989 people), Elementary & middle school teachers (183,928 people), Other managers (166,232 people), Secondary school teachers (150,278 people), and Postsecondary teachers (132,904 people).

The most specialized majors at Randolph College (233301) in 2023 are English (26 degrees awarded), Parks, Recreation, & Leisure (23 degrees), Philosophy and Religious Studies (6 degrees), History (7 degrees), and Natural Resources & Conservation (5 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 Randolph College (233301) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Randolph College (233301) are English (26 degrees awarded), Parks, Recreation, & Leisure (23 degrees), Philosophy and Religious Studies (6 degrees), History (7 degrees), and Natural Resources & Conservation (5 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Randolph College (233301) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Randolph College (233301).

Most Common (2023)

General Health & Physical Education
16 degrees awarded
General Biological Sciences
11 degrees awarded
General Psychology
10 degrees awarded

In 2023, the most common bachelors degree concentration at Randolph College (233301) was General Health & Physical Education with 16 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Randolph College (233301) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 58 degrees were awarded to men at Randolph College (233301), which is 0.63 times less than the number of degrees awarded to females (92).

This chart displays the sex disparity between the top 5 majors at Randolph College (233301) by degrees awarded.

Most Common Male Majors

In 2023, 8 degrees were awarded to men at Randolph College (233301) in General Health & Physical Education, which is 1 times approximately the same the 8 female recipients with that same degree.

Most Common Female Majors

In 2023, 18 degrees were awarded to men at Randolph College (233301) in Creative Writing, which is 3 times more than the 6 male recipients with that same degree.

Time to Complete

49%

100% Completion Time

56%

150% Completion Time

In 2023, 49% of students graduating from Randolph College (233301) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 150% of the normal time, and 56% 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.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Randolph College (233301) is Female and Asian (100% graduation rate). Across all Baccalaureate 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, 0.962% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
94 degrees awarded
Black or African American
25 degrees awarded
Hispanic or Latino
9 degrees awarded

The most common race/ethnicity at Randolph College (233301) is white (94 degrees awarded). There were 3.76 times more white recipients than the next closest race/ethnicity group, black or african american (25 degrees).

2% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
54 degrees awarded
White Male
40 degrees awarded
Black or African American Female
17 degrees awarded

The most common race/ethnicity and sex grouping at Randolph College (233301) is white female (54 degrees awarded). There were 1.35 times more white female recipients than the next closest race/ethnicity group, white male (40 degrees).

Operations

Randolph College (233301) has an endowment valued at nearly $185M, as of the end of the 2023 fiscal year. The return on its endowment was of 7.19M (3.89%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Randolph College (233301) had a total salary expenditure of 32.7M. Randolph College (233301) employs 22 Professors, 21 Associate professors and 16 Assistant professors. Most academics at Randolph College (233301) are Female Associate professor (15), Female Professor (13), and Male Assistant professor (9).

The most common positions for non-instructional staff at Randolph College (233301) are: Management, with 30 employees, Office and Administrative Support, with 26 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 23 employees.

Endowment

$185M

2023 Endowment

1.81%

decline from 2022

Randolph College (233301) has an endowment valued at about $185M, as of the end of the 2023 fiscal year. The endowment of Randolph College (233301) declined 1.81% from the previous year. The value of their endowment was $133M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Randolph College (233301) (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.

Salary Expenditure

$15.3M

2023 Salaries

6.89%

growth from 2022

In 2023, Randolph College (233301) paid a median of $15.3M in salaries, which represents 46.8% of their overall expenditure ($32.7M) and a 6.89% growth from the previous year. This is compared to a 1.25% decline between 2021 and 2022, and a 5.86% decline between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$4.54M

Instructional Salaries

Number of Employees

In 2023, Randolph College (233301) paid a total of $4.54M to 61 employees working as instructors, which represents 29.7% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

22 Employees

Management

Most Common Non-Instructional Employee

30 Employees

In 2023, the most common positions for instructional staff at Randolph College (233301) were Professor with 22 employees, Associate professor with 21 employees, and Assistant professor with 16 employees.

In 2023, the most common positions for non-instructional staff at Randolph College (233301) were Management with 30 employees, Office and Administrative Support with 26 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 23 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Associate professor
Female Professor
Male Assistant professor

In 2023, the most common demographic for instructional staff at Randolph College (233301) was Female Associate professor with 15 employees, Female Professor with 13 employees, and Male Assistant professor with 9 employees.

This chart shows the sex split between each academic rank present at Randolph College (233301).

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