Salem College

www.salem.edu

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2023 Undergraduate Tuition

$32,236

5.69% growth from 2022

2023 Average Net Price

$19,000

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

87%

1,951 Applicants

2023 Enrolled Students

519

67.8% Full-Time

2023 Graduation Rate

56.3%

90 Graduates

About

Salem College is a higher education institution located in Forsyth County, NC. In 2023, the most popular Masters Degree concentrations at Salem College were School Counseling & Guidance Services (15 degrees awarded), Elementary Education & Teaching (6 degrees), and General Educational Leadership & Administration (5 degrees).

In 2023, 127 degrees were awarded across all undergraduate and graduate programs at Salem College. 97.6% of these degrees were awarded to women, and 2.36% awarded men. The most common race/ethnicity group of degree recipients was white (68 degrees), 3.24 times more than then the next closest race/ethnicity group, hispanic or latino (21 degrees).

The median undergraduate tuition at Salem College is $32,236, which is $2,956 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Salem College was 0%, corresponding to 0 out of the 281 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Salem College is $32,236, which is $2,956 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $19,000.

In 2023, 88% of undergraduate students attending Salem College received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Tuition Costs

$32,236

2023 Undergraduate Tuition

In 2023, the cost of tuition at Salem College was $32,236. The cost of tuition at Salem College is $2,956 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$19,000

2023 Value

3.52%

1 Year Growth

In 2023 Salem College had an average net price — the price paid after factoring in grants and loans — of $19,000. Between 2022 and 2023, the average net price of Salem College grew by 3.52%.

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.

Other Student Expenses

$12,546

Room and Board

$1,324

Books and Supplies

The average yearly cost of room and board at Salem College was of $12,546 in 2023. The cost of room and board increased by 2% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,324. The cost of books and supplies increased by 1.85% during the same period.

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

Financial Aid by Income Level

88%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

88% of undergraduate students at Salem College received financial aid through grants or loans in 2023. This represents a decline of 1.12% with respect to 2022, when 89% 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.

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 Salem College was 0%, which represents 0 out of the 281 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

Salem College received 1,951 undergraduate applications in 2023, which represents a 68.3% annual growth. Out of those 1,951 applicants, 1,698 students were accepted for enrollment, representing a 87% acceptance rate.

There were 519 students enrolled at Salem College in 2023. 5% of first-time enrollees submitted SAT scores with their applications.

Salem College has an overall enrollment yield of 9.19%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

87%

Acceptance Rate in 2023

1,698

Accepted Out of 1,951

In 2023, the undergraduate acceptance rate of Salem College was 87% (1,698 admissions from 1,951 applications). This is lower than the acceptance rate of 2022, which was 87.5%. Between 2022 and 2023, the number of applicants grew by 68.3%, while admissions grew by 67.5%.

This chart compares the acceptance rate of Salem College (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 Salem College 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

Salem College had a total enrollment of 519 students in 2023. The full-time enrollment at Salem College is 352 students and the part-time enrollment is 167. 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 43.9% White, 19.1% Black or African American, 14.6% Hispanic or Latino, 6.94% Two or More Races, 1.93% Asian, and 0.771% American Indian or Alaska Native.

Students enrolled at Salem College in full-time Undergraduate programs are most commonly White Female (49.4%), followed by Hispanic or Latino Female (17.9%) and Black or African American Female (17%). Students enrolled in full-time Graduate programs are most commonly White Female (42.9%), followed by White Male (28.6%) and Black or African American Female (14.3%).

Full-Time vs Part-Time Enrollment

67.8%

Full-Time Enrollment

The total enrollment at Salem College in 2023, both undergraduate and graduate, is 519 students. The full-time enrollment at Salem College is 352 and the part-time enrollment is 167. This means that 67.8% of students enrolled at Salem College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

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

Retention Rate over Time

67%

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 Salem College was 67%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Salem College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
228 enrolled students
Black or African American
99 enrolled students
Hispanic or Latino
76 enrolled students

The enrolled student population at Salem College is 43.9% White, 19.1% Black or African American, 14.6% Hispanic or Latino, 6.94% Two or More Races, 1.93% Asian, and 0.771% 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 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, 58 students (11.2%) did not report their race.

Graduates

In 2023, 121 more women than men received degrees from Salem College. The most common race/ethnicity group of degree recipients at Salem College is white (68 degrees awarded). There were 3.24 times more white recipients than the next closest race/ethnicity group, hispanic or latino (21 degrees).

The most common Masters Degree concentration at Salem College is School Counseling & Guidance Services (15 degrees awarded), followed by Elementary Education & Teaching (6 degrees) and General Educational Leadership & Administration (5 degrees).

In 2023, 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 Visual & Performing Arts (28 degrees awarded), English (6 degrees), and Education (37 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

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 (1,653,683 people), Secondary school teachers (623,488 people), Education administrators (325,826 people), Other managers (265,300 people), and Postsecondary teachers (259,064 people).

The most specialized majors at Salem College in 2023 are Visual & Performing Arts (28 degrees awarded), English (6 degrees), Education (37 degrees), Philosophy and Religious Studies (2 degrees), and History (3 degrees) (as of 2023).

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 Salem College are Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at Salem College are Visual & Performing Arts (28 degrees awarded), English (6 degrees), Education (37 degrees), Philosophy and Religious Studies (2 degrees), and History (3 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 Salem College are Elementary & secondary schools (3,125,123 people), Colleges, universities & professional schools, including junior colleges (531,980 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (206,633 people), Computer Systems Design (203,617 people), and Legal services (196,772 people).

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 (2023)

General Business Administration & Management
11 degrees awarded
Interior Design
11 degrees awarded
General Psychology
10 degrees awarded

In 2023, the most common bachelors degree concentration at Salem College was General Business Administration & Management with 11 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

124

Degrees Awarded to Women

in 2023

In 2023, 3 degrees were awarded to men at Salem College, which is 0.0242 times less than the number of degrees awarded to females (124).

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

Most Common Male Majors

In 2023, 1 degrees were awarded to men at Salem College in General Music Performance, which is 0.25 times less than the 4 female recipients with that same degree.

Most Common Female Majors

In 2023, 15 degrees were awarded to women at Salem College in School Counseling & Guidance Services. There were no male recipients with the same degree.

Time to Complete

66%

100% Completion Time

67%

150% Completion Time

In 2023, 66% of students graduating from Salem College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 67% 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.

White Female

Highest Graduation Rate (63.1%)

The student demographic with the highest graduation rate in 2023 at Salem College is Female and White (63.1% 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, 1.11% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
68 degrees awarded
Hispanic or Latino
21 degrees awarded
Black or African American
21 degrees awarded

The most common race/ethnicity at Salem College is white (68 degrees awarded). There were 3.24 times more white recipients than the next closest race/ethnicity group, hispanic or latino (21 degrees).

6.3% of degree recipients (8 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
66 degrees awarded
Hispanic or Latino Female
21 degrees awarded
Black or African American Female
21 degrees awarded

The most common race/ethnicity and sex grouping at Salem College is white female (66 degrees awarded). There were 3.14 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (21 degrees).

Operations

Salem College has an endowment valued at nearly $58.5M, as of the end of the 2023 fiscal year. The return on its endowment was of 4.21M (7.19%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Salem College had a total salary expenditure of 22.7M. Salem College employs 20 Associate professors, 10 Assistant professors and 7 Professors. Most academics at Salem College are Female Associate professor (17), Female Assistant professor (9), and Female Professor (4).

The most common positions for non-instructional staff at Salem College are: Management, with 26 employees, Service, with 18 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 15 employees.

Endowment

$58.5M

2023 Endowment

3.49%

growth from 2022

Salem College has an endowment valued at about $58.5M, as of the end of the 2023 fiscal year. The endowment of Salem College grew 3.49% from the previous year. The value of their endowment was $7.11M 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.

Salary Expenditure

$10.8M

2023 Salaries

22.5%

growth from 2022

In 2023, Salem College paid a median of $10.8M in salaries, which represents 47.5% of their overall expenditure ($22.7M) and a 22.5% growth from the previous year. This is compared to a 12.1% growth between 2021 and 2022, and a 15.7% decline between 2020 and 2021.

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

Instructional Salaries

$2.52M

Instructional Salaries

Number of Employees

In 2023, Salem College paid a total of $2.52M to 37 employees working as instructors, which represents 23.4% of all salaries paid.

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

Occupations by Share

Associate professor

Most Common Instructor

20 Employees

Management

Most Common Non-Instructional Employee

26 Employees

In 2023, the most common positions for instructional staff at Salem College were Associate professor with 20 employees, Assistant professor with 10 employees, and Professor with 7 employees.

In 2023, the most common positions for non-instructional staff at Salem College were Management with 26 employees, Service with 18 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 15 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Associate professor
Female Assistant professor
Female Professor

In 2023, the most common demographic for instructional staff at Salem College was Female Associate professor with 17 employees, Female Assistant professor with 9 employees, and Female Professor with 4 employees.

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

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