Randolph College (233301)

www.randolphcollege.edu

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2022 Undergraduate Tuition

$27,270

3.89% growth from 2021

2022 Average Net Price

$22,886

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

95%

1,602 Applicants

2022 Enrolled Students

553

96.2% Full-Time

2022 Graduation Rate

49.7%

93 Graduates

About

Randolph College (233301) is a higher education institution located in Lynchburg city, VA. In 2022, the most popular Bachelors Degree concentrations at Randolph College (233301) were General Biological Sciences (21 degrees awarded), General Health & Physical Education (18 degrees), and General Psychology (9 degrees).

In 2022, 159 degrees were awarded across all undergraduate and graduate programs at Randolph College (233301). 69.8% of these degrees were awarded to women, and 30.2% awarded men. The most common race/ethnicity group of degree recipients was white (93 degrees), 3.58 times more than then the next closest race/ethnicity group, black or african american (26 degrees).

The median undergraduate tuition at Randolph College (233301) is $27,270, which is $−1,060 less than the national average for Baccalaureate Colleges ($28,330).

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 2022, the median undergraduate tuition at Randolph College (233301) is $27,270, which is $1,060 less than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $22,886.

In 2022, 100% of undergraduate students attending Randolph College (233301) received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans.

Tuition Costs

$27,270

2022 Undergraduate Tuition

In 2022, the cost of tuition at Randolph College (233301) was $27,270. The cost of tuition at Randolph College (233301) is $−1,060 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$22,886

2022 Value

1.21%

1 Year Growth

In 2022 Randolph College (233301) had an average net price — the price paid after factoring in grants and loans — of $22,886. Between 2021 and 2022, the average net price of Randolph College (233301) grew by 1.21%.

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

$11,000

Room and Board

$1,280

Books and Supplies

The average yearly cost of room and board at Randolph College (233301) was of $11,000 in 2022. The cost of room and board did not change between 2021 and 2022.

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

100%

Undergraduates Receiving Financial Aid through Grants

63%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Randolph College (233301) received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, 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 1,602 undergraduate applications in 2022, which represents a 38% annual growth. Out of those 1,602 applicants, 1,522 students were accepted for enrollment, representing a 95% acceptance rate.

There were 553 students enrolled at Randolph College (233301) in 2022. 14% of first-time enrollees submitted SAT scores with their applications.

Randolph College (233301) has an overall enrollment yield of 9.66%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

95%

Acceptance Rate in 2022

1,522

Accepted Out of 1,602

In 2022, the undergraduate acceptance rate of Randolph College (233301) was 95% (1,522 admissions from 1,602 applications). This is higher than the acceptance rate of 2021, which was 93.8%. Between 2021 and 2022, the number of applicants grew by 38%, while admissions grew by 39.8%.

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

14%

Submission Percentage (2022)

Scores Submitted (2022)

14% of enrolled first-time students at Randolph College (233301) 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.

Enrollment

Randolph College (233301) had a total enrollment of 553 students in 2022. The full-time enrollment at Randolph College (233301) is 532 students and the part-time enrollment is 21. This means that 96.2% of students enrolled at Randolph College (233301) are enrolled full-time.

The enrolled student population at Randolph College (233301), both undergraduate and graduate, is 59.5% White, 19.7% Black or African American, 6.87% Hispanic or Latino, 4.52% Two or More Races, 2.71% Asian, 0.904% Native Hawaiian or Other Pacific Islanders, and 0.904% American Indian or Alaska Native.

Students enrolled at Randolph College (233301) in full-time Undergraduate programs are most commonly White Female (34.9%), followed by White Male (22.3%) and Black or African American Female (13.4%). Students enrolled in full-time Graduate programs are most commonly White Female (46.5%), followed by White Male (19.7%) and Black or African American Female (11.3%).

Full-Time vs Part-Time Enrollment

96.2%

Full-Time Enrollment

The total enrollment at Randolph College (233301) in 2022, both undergraduate and graduate, is 553 students. The full-time enrollment at Randolph College (233301) is 532 and the part-time enrollment is 21. This means that 96.2% of students enrolled at Randolph College (233301) are enrolled full-time compared with 79.6% 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

67%

2022 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 67%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), 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 (2022)

White
329 enrolled students
Black or African American
109 enrolled students
Hispanic or Latino
38 enrolled students

The enrolled student population at Randolph College (233301) is 59.5% White, 19.7% Black or African American, 6.87% Hispanic or Latino, 4.52% Two or More Races, 2.71% Asian, 0.904% Native Hawaiian or Other Pacific Islanders, and 0.904% 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 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 7 students (1.27%) did not report their race.

Graduates

In 2022, 63 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 (93 degrees awarded). There were 3.58 times more white recipients than the next closest race/ethnicity group, black or african american (26 degrees).

The most common Bachelor's Degree concentration at Randolph College (233301) is General Biological Sciences (21 degrees awarded), followed by General Health & Physical Education (18 degrees) and General Psychology (9 degrees).

In 2022, 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 Parks, Recreation, & Leisure (33 degrees awarded), English (12 degrees), and History (5 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 Randolph College (233301) are Physicians (479,327 people), Postsecondary teachers (281,455 people), Other managers (272,691 people), Elementary & middle school teachers (249,611 people), and Lawyers, & judges, magistrates, & other judicial workers (211,707 people).

The most specialized majors at Randolph College (233301) in 2022 are Parks, Recreation, & Leisure (33 degrees awarded), English (12 degrees), History (5 degrees), Physical Sciences (6 degrees), and Biology (21 degrees) (as of 2022).

Highest Paying Jobs by Major

Diagnostic medical sonographers

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 Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Randolph College (233301) are Parks, Recreation, & Leisure (33 degrees awarded), English (12 degrees), History (5 degrees), Physical Sciences (6 degrees), and Biology (21 degrees) (as of 2022).

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 (613,064 people), Colleges, universities & professional schools, including junior colleges (610,323 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (609,076 people), Offices of physicians (246,685 people), and Scientific research & development services (209,445 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 (2022)

General Biological Sciences
21 degrees awarded
General Health & Physical Education
18 degrees awarded
General Psychology
9 degrees awarded

In 2022, the most common bachelors degree concentration at Randolph College (233301) was General Biological Sciences with 21 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 2022

111

Degrees Awarded to Women

in 2022

In 2022, 48 degrees were awarded to men at Randolph College (233301), which is 0.432 times less than the number of degrees awarded to females (111).

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

Most Common Male Majors

In 2022, 7 degrees were awarded to men at Randolph College (233301) in General Health & Physical Education, which is 0.636 times less than the 11 female recipients with that same degree.

Most Common Female Majors

In 2022, 16 degrees were awarded to men at Randolph College (233301) in General Biological Sciences, which is 3.2 times more than the 5 male recipients with that same degree.

Time to Complete

52%

100% Completion Time

56%

150% Completion Time

In 2022, 52% 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 Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Randolph College (233301) is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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 (2022)

White
93 degrees awarded
Black or African American
26 degrees awarded
Two or More Races
12 degrees awarded

The most common race/ethnicity at Randolph College (233301) is white (93 degrees awarded). There were 3.58 times more white recipients than the next closest race/ethnicity group, black or african american (26 degrees).

8.18% of degree recipients (13 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
66 degrees awarded
White Male
27 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 (66 degrees awarded). There were 2.44 times more white female recipients than the next closest race/ethnicity group, white male (27 degrees).

Operations

Randolph College (233301) has an endowment valued at nearly $188M, as of the end of the 2022 fiscal year. The return on its endowment was of −7.54M (−4.01%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Randolph College (233301) had a total salary expenditure of 31.3M. Randolph College (233301) employs 21 Professors, 18 Associate professors and 12 Assistant professors. Most academics at Randolph College (233301) are Female Professor (12), Female Associate professor (12), and Male Professor (9).

The most common positions for non-instructional staff at Randolph College (233301) are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 29 employees, Service, with 27 employees, and Management with 24 employees.

Endowment

$188M

2022 Endowment

6.25%

decline from 2021

Randolph College (233301) has an endowment valued at about $188M, as of the end of the 2022 fiscal year. The endowment of Randolph College (233301) declined 6.25% from the previous year. The value of their endowment was $139M 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

$14.3M

2022 Salaries

1.25%

decline from 2021

In 2022, Randolph College (233301) paid a median of $14.3M in salaries, which represents 45.8% of their overall expenditure ($31.3M) and a 1.25% decline from the previous year. This is compared to a 5.86% decline between 2020 and 2021, and a 0.424% decline between 2019 and 2020.

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

Instructional Salaries

$3.93M

Instructional Salaries

Number of Employees

In 2022, Randolph College (233301) paid a total of $3.93M to 53 employees working as instructors, which represents 27.5% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

21 Employees

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

Most Common Non-Instructional Employee

29 Employees

In 2022, the most common positions for instructional staff at Randolph College (233301) were Professor with 21 employees, Associate professor with 18 employees, and Assistant professor with 12 employees.

In 2022, the most common positions for non-instructional staff at Randolph College (233301) were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees, Service with 27 employees, and Management with 24 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Professor
Female Associate professor
Male Professor

In 2022, the most common demographic for instructional staff at Randolph College (233301) was Female Professor with 12 employees, Female Associate professor with 12 employees, and Male Professor with 9 employees.

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

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