Salem College

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2019 Undergraduate Tuition
$29,750
3.66% growth from 2018
2019 Average Net Price
$18,428
After Financial Aid
2017 Student Loan
6.3%
Default Rate
2019 Acceptance Rate
80%
833 Applicants
2019 Enrolled Students
709
67.8% Full-Time
2018 Graduation Rate
60.5%
104 Graduates

About

Salem College is a higher education institution located in Forsyth County, NC. In 2016, the most popular Bachelor's Degree concentrations at Salem College were General Business Administration & Management (21 degrees awarded), General Psychology (18 degrees), and General Biological Sciences (15 degrees).

In 2019, 258 degrees were awarded across all undergraduate and graduate programs at Salem College. 95% of these degrees were awarded to women, and 5.04% awarded men. The most common race/ethnicity group of degree recipients was white (153 degrees), 3.26 times more than then the next closest race/ethnicity group, black or african american (47 degrees).

The median undergraduate tuition at Salem College is $29,750, which is $2,470 more than the national average for Baccalaureate Colleges ($27,280).

Costs

The median undergraduate tuition at Salem College is $29,750, which is $2,470 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $18,428.

In 2019, 92% of undergraduate students received federal grants, while 71% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$29,750
2019 Undergraduate Tuition

In 2019, the cost of tuition at Salem College was $29,750. The cost of tuition at Salem College is $2,470 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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Average Net Price

$18,428
2019 Value
18.4%
1 Year Growth

In 2019 Salem College had an average net price — the price paid after factoring in grants and loans — of $18,428. Between 2018 and 2019, the average net price of Salem College grew by 18.4%.

This chart compares the average net price of Salem 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

$11,850
Room and Board
$1,270
Books and Supplies

The average yearly cost of room and board at Salem College was of $11,850 in 2019. During the same period, the average yearly cost of books and supplies was $1,270. The cost of room and board increased by 1.8% between 2018 and 2019. The cost of books and supplies increased by 0.794% during the same period.

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Financial Aid

Financial Aid by Income Level

92%
Of Undergraduates Receive Grants
71%
Of Undergraduates Receive Federal Loans

92% of undergraduate students at Salem College received grants or loans in 2019. This represents a growth of 1.1% with respect to 2018, when 91% of undergraduate students received financial aid.

This chart compares the average award discount at Salem 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.
6.3%
2017 Default Rate
23
Number of Defaults

In 2017 the default rate for borrower's at Salem College was 6.3%, which represents 23 out of the 365 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

Salem College received 833 undergraduate applications in 2019, which represents a 10.3% annual growth. Out of those 833 applicants, 666 students were accepted for enrollment, representing a 80% acceptance rate.

There were 709 students enrolled at Salem College in 2019, and 51% of first-time enrollees submitted SAT scores with their applications.

Salem College has an overall enrollment yield of 16.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

80%
Acceptance Rate in 2019
666
Accepted Out of 833

In 2019, the undergraduate acceptance rate of Salem College was 80% (666 admissions from 833 applications). This is higher than the acceptance rate of 2018, which was 39.5%. Between 2018 and 2019, the number of applicants grew by 10.3%, while admissions grew by 123%.

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

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SAT Scores

51%
Submission Percentage
56
Scores Submitted

51% of enrolled first-time students at Salem College in 2019 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

Salem College has a total enrollment of 709 students. The full-time enrollment at Salem College is 481 students and the part-time enrollment is 228. This means that 67.8% of students enrolled at Salem College are enrolled full-time.

The enrolled student population at Salem College, both undergraduate and graduate, is 57.1% White, 17.3% Black or African American, 14.1% Hispanic or Latino, 4.65% Two or More Races, 1.83% Asian, 0.282% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Salem College in full-time Undergraduate programs are most commonly White Female (55%), followed by Hispanic or Latino Female (18.2%) and Black or African American Female (15.6%). Students enrolled in full-time Graduate programs are most commonly White Female (50%), followed by Asian Female (12.5%) and American Indian or Alaska Native Female (12.5%).

Full-Time vs Part-Time Enrollment

67.8%
Full-Time Enrollment

The total enrollment at Salem College, both undergraduate and graduate, is 709 students. The full-time enrollment at Salem College is 481 and the part-time enrollment is 228. This means that 67.8% of students enrolled at Salem College are enrolled full-time compared with 81.1% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

76%
2019 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 Salem College was 76%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Salem College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    405
  2. Black or African American
    123
  3. Hispanic or Latino
    100

The enrolled student population at Salem College is 57.1% White, 17.3% Black or African American, 14.1% Hispanic or Latino, 4.65% Two or More Races, 1.83% Asian, 0.282% American Indian or Alaska Native, and 0% 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 55% White, 14% Black or African American, and 13.1% Hispanic or Latino.

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Graduates

In 2019, 232 more women than men received degrees from Salem College. The most common race/ethnicity group of degree recipients at Salem College is white (153 degrees awarded). There were 3.26 times more white graduates than the next closest race/ethnicity group, black or african american (47 degrees).

The most common Bachelor's Degree concentration at Salem College is General Business Administration & Management (21 degrees awarded), followed by General Psychology (18 degrees) and General Biological Sciences (15 degrees).

The most specialized majors across all degree types at Salem College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (5 degrees awarded), History (10 degrees), and Cultural & Gender Studies (5 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Salem College are Elementary & middle school teachers (211,743 people), Lawyers, & judges, magistrates, & other judicial workers (208,494 people), Other managers (190,359 people), Postsecondary teachers (179,464 people), and Secondary school teachers (160,024 people).

The most specialized majors at Salem College are Philosophy and Religious Studies (5 degrees awarded), History (10 degrees), Cultural & Gender Studies (5 degrees), English (14 degrees), and Visual & Performing Arts (32 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 Salem College are Surgeons, Securities, commodities, & financial services sales agents, Agents & business managers of artists, performers, & athletes, Physicians, and Chief executives & legislators

The most specialized majors at Salem College are Philosophy and Religious Studies (5 degrees awarded), History (10 degrees), Cultural & Gender Studies (5 degrees), English (14 degrees), and Visual & Performing Arts (32 degrees).

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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 Salem College are Elementary & secondary schools (530,919 people), Colleges, universities & professional schools, including junior colleges (365,831 people), Legal services (173,228 people), Computer Systems Design (149,725 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (111,339 people).

The most specialized majors at Salem College are Philosophy and Religious Studies (5 degrees awarded), History (10 degrees), Cultural & Gender Studies (5 degrees), English (14 degrees), and Visual & Performing Arts (32 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 Salem College.
Most Common
  1. 21 degree-majorss awarded
  2. 18 degree-majorss awarded
  3. 15 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Salem College was General Business Administration & Management with 21 degrees awarded.

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

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Gender Breakdown for Common Majors

13
Degrees Awarded to Men
in 2019
245
Degrees Awarded to Women
in 2019

In 2019, 13 degrees were awarded to men at Salem College, which is 0.0531 times less than the number of degrees awarded to females (245).

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

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Most Common Male Majors

In 2019, 4 degrees were awarded to men at Salem College in General Business Administration & Management, which is 0.235 times less than the 17 female recipients with that same degree.

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Most Common Female Majors

In 2019, 18 degrees were awarded to women at Salem College in General Psychology, which is NaNy times more than the 0 male recipients with that same degree.

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Time to Complete

56%
100% Completion Time
57%
150% Completion Time

In 2019, 56% of students graduating from Salem College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 61% 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.
Asian Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Salem College is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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, 3.85% of graduates (4 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    153 degrees awarded
  2. Black or African American
    47 degrees awarded
  3. Hispanic or Latino
    39 degrees awarded

The most common race/ethnicity at Salem College is white (153 degrees awarded). There were 3.26 times more white recipients than the next closest race/ethnicity group, black or african american (47 degrees).

2.71% of degree recipients (7 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    146 degrees awarded
  2. Black or African American Female
    46 degrees awarded
  3. Hispanic or Latino Female
    36 degrees awarded

The most common race/ethnicity and gender grouping at Salem College is white female (146 degrees awarded). There were 3.17 times more white female recipients than the next closest race/ethnicity group, black or african american female (46 degrees).

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Operations

Salem College has an endowment valued at nearly $59.9M, as of the end of the 2019 fiscal year. The return on its endowment was of $3.99M (6.66%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Salem College had a total salary expenditure of $24.2M. Salem College employs 22 Associate professors, 14 Assistant professors, and 10 Professors. Most academics at Salem College are Female Associate professors (16), Female Assistant professors(12), and Female Professors (9).

The most common positions for non-instructional staff at Salem College are: Business and Financial Operations, with 21 employees, Management, with 16 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 15 employees.

Finances

Endowment

$59.9M
2019 Endowment
1.34%
decline from 2018

Salem College has an endowment valued at about $59.9M, as of the end of the 2019 fiscal year. The endowment of Salem College declined 1.34% from the previous year. The value of their endowment was $19.2M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Salem 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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Government Grants and Contracts

Grants & Contracts
  1. $175k - Federal
  2. $0 - State
  3. $0 - Local

As of 2019, Salem College received $175k 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

$9.89M
2019 Salaries
15.3%
decline from 2018

In 2019, Salem College paid a median of $9.89M in salaries, which represents 40.9% of their overall expenditure ($24.2M) and a 15.3% decline from the previous year. This is compared to a 2.46% decline from 2017 and a 0.635% decline from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

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Instructional Salaries

$2.81M
Instructional Salaries
51
Number of Employees

In 2019, Salem College paid a total of $2.81M to 51 employees working as instructors, which represents 28.4% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Associate professor
Most Common Instructor
22 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
21 Employees

In 2019, the most common positions for instructional staff at Salem College were Associate professor with 22 employees; Assistant professor with 14 employees; and Assistant professor with 10 employees.

In 2019, the most common positions for non-instructional staff at Salem College were Business and Financial Operations with 21 employees; Management with 16 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 15 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Salem College was Female Associate professor with 16 employees, Female Assistant professor with 12 employees, and Female Professor with 9 employees.

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

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