Salem College

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2016 Undergraduate Tuition

$27,040

4.52% growth from 2015

2016 Average Net Price

$17,013

After Financial Aid

2015 Student Loan

5.42%

Default Rate

2016 Acceptance Rate

56.8%

1,045 Applicants

2016 Enrolled Students

1,087

66.4% Full-Time

2016 Graduation Rate

57.3%

86 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 Education (24 degrees awarded), General Business Administration & Management (20 degrees), and General Biological Sciences (18 degrees).

In 2016, 249 degrees were awarded across all undergraduate and graduate programs at Salem College. 94.8% of these degrees were awarded to women, and 5.22% awarded men. The majority of degree recipients were white (130 degrees), 2.28 times more than then the next closest race/ethnicity group, black or african american (57 degrees).

The median undergraduate tuition at Salem College is $27,040, which is $2,625 more than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Salem College is $27,040, which is $2,625 more than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $17,013.

In 2016, 88% of undergraduate students received federal grants, while 72% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$27,040

2016 Undergraduate Tuition

In 2016, the cost of tuition at Salem College was $27,040. The cost of tuition at Salem College is $2,625 more than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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

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Average Net Price

$17,013

2016 Value

1.14%

1 Year Growth

In 2016 Salem College had an average net price — the price paid after factoring in grants and loans — of $17,013. Between 2015 and 2016, the average net price of Salem College grew by 1.14%.

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

$11,824

Room and Board

$1,240

Books and Supplies

The average yearly cost of room and board at Salem College was of $11,824 in 2016. During the same period, the average yearly cost of books and supplies was $1,240. The cost of room and board increased by 0.51% between 2015 and 2016. The cost of books and supplies increased by 3.33% during the same period.

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

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Financial Aid

Financial Aid by Income Level

88%

Of Undergraduates Receive Grants

72%

Of Undergraduates Receive Federal Loans

88% of undergraduate students at Salem College received grants or loans in 2016. This represents a decline of 7.37% with respect to 2015, when 95% 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.

5.42%

2015 Default Rate

20

Number of Defaults

In 2015 the default rate for borrower's at Salem College was 5.42%, which represents 20 out of the 369 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 1,045 undergraduate applications in 2016, which represents a 15.7% annual growth. Out of those 1,045 applicants, 594 students were accepted for enrollment, representing a 56.8% acceptance rate.

There were 1,087 students enrolled at Salem College in 2016, and 43% of first-time enrollees submitted SAT scores with their applications.

Salem College has an overall enrollment yield of 34.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

56.8%

Acceptance Rate in 2016

594

Accepted Out of 1,045

In 2016, the undergraduate acceptance rate of Salem College was 56.8% (594 admissions from 1,045 applications). This is lower than the acceptance rate of 2015, which was 62.2%. Between 2015 and 2016, the number of applicants grew by 15.7%, while admissions grew by 5.69%.

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

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SAT Scores

43%

Submission Percentage

87

Scores Submitted

43% of enrolled first-time students at Salem College in 2016 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 1,087 students. The full-time enrollment at Salem College is 722 students and the part-time enrollment is 365. This means that 66.4% of students enrolled at Salem College are enrolled full-time.

The enrolled student population at Salem College, both undergraduate and graduate, is 55.6% White, 22% Black or African American, 12.4% Hispanic or Latino, 2.94% Two or More Races, 1.84% Asian, 0.184% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Salem College in full-time Undergraduate programs are majority White Female (53.8%), followed by Black or African American Female (19.3%) and Hispanic or Latino Female (16%). Students enrolled in full-time Graduate programs are majority White Female (66.7%), followed by Black or African American Female (33.3%) and American Indian or Alaska Native Female (0%).

Full-Time vs Part-Time Enrollment

66.4%

Full-Time Enrollment

The total enrollment at Salem College, both undergraduate and graduate, is 1,087 students. The full-time enrollment at Salem College is 722 and the part-time enrollment is 365. This means that 66.4% of students enrolled at Salem College are enrolled full-time compared with 81% 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

83%

2016 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 83%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), 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

    604

  2. Black or African American

    239

  3. Hispanic or Latino

    135

The enrolled student population at Salem College is 55.6% White, 22% Black or African American, 12.4% Hispanic or Latino, 2.94% Two or More Races, 1.84% Asian, 0.184% 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 55.6% White, 14% Black or African American, and 12.4% 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, 45 students (4.14%) did not report their race.

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Graduates

In 2016, 223 more women than men received degrees from Salem College. The majority of degree recipients at Salem College are white (130 degrees awarded). There were 2.28 times more white graduates than the next closest race/ethnicity group, black or african american (57 degrees).

The most common Bachelor's Degree concentration at Salem College is General Education (24 degrees awarded), followed by General Business Administration & Management (20 degrees) and General Biological Sciences (18 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 Cultural & Gender Studies (6 degrees awarded), Philosophy and Religious Studies (4 degrees), and English (12 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 (2,006,409 people), Secondary school teachers (354,228 people), Education administrators (295,488 people), Postsecondary teachers (216,380 people), and Lawyers, & judges, magistrates, & other judicial workers (196,548 people).

The most specialized majors at Salem College are Cultural & Gender Studies (6 degrees awarded), Philosophy and Religious Studies (4 degrees), English (12 degrees), Education (55 degrees), and History (6 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Salem College are Aircraft pilots & flight engineers, Chief executives & legislators, Physicians & surgeons, Securities, commodities, & financial services sales agents, and Dentists

The most specialized majors at Salem College are Cultural & Gender Studies (6 degrees awarded), Philosophy and Religious Studies (4 degrees), English (12 degrees), Education (55 degrees), and History (6 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 (2,973,944 people), Colleges, universities & professional schools, including junior colleges (413,984 people), Legal services (172,369 people), Hospitals (169,830 people), and Insurance carriers & related activities (123,668 people).

The most specialized majors at Salem College are Cultural & Gender Studies (6 degrees awarded), Philosophy and Religious Studies (4 degrees), English (12 degrees), Education (55 degrees), and History (6 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. 24 degrees awarded

  2. 20 degrees awarded

  3. 18 degrees awarded

In 2016, the most common bachelors degree concentration at Salem College was General Education with 24 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 13

  2. 236

In 2016, 13 degrees were awarded to men at Salem College, which is 0.0551 times less than the number of degrees awarded to females (236).

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 2016, 4 degrees were awarded to men at Salem College in General Business Administration & Management, which is 0.25 times less than the 16 female recipients with that same degree.

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Most Common Female Majors

In 2016, 24 degrees were awarded to women at Salem College in General Education, which is N/A times more than the 0 male recipients with that same degree.

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Time to Complete

61%

100% Completion Time

65%

150% Completion Time

In 2016, 61% of students graduating from Salem College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 66% 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 (67.2%).

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, 9.3% of graduates (8 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    130 degrees awarded

  2. Black or African American

    57 degrees awarded

  3. Hispanic or Latino

    27 degrees awarded

The most common race/ethnicity at Salem College is white (130 degrees awarded). There were 2.28 times more white recipients than the next closest race/ethnicity group, black or african american (57 degrees).

6.43% of degree recipients (16 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    120 degrees awarded

  2. Black or African American Female

    56 degrees awarded

  3. Hispanic or Latino Female

    26 degrees awarded

The most common race/ethnicity and gender grouping at Salem College is white female (120 degrees awarded). There were 2.14 times more white female recipients than the next closest race/ethnicity group, black or african american female (56 degrees).

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Operations

Salem College has an endowment valued at nearly $61.6M, as of the end of the 2015 fiscal year. The return on its endowment was of $856k (1.39%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Salem College had a total expenditure of $26.3M. Of that $26.3M, they spent $11.3M on salaries and $26.3M on benefits.

Salem College employs 30 Assistant professors, 18 Associate professors, and 10 Professors. Most academics at Salem College are Female Assistant professors (26), Female Associate professors(13), and Female Professors (8).

The most common positions for non-instructional staff at Salem College are: Management, with 26 employees, Service, with 24 employees, and Office and Administrative Support with 17 employees.

Finances

Endowment

$61.6M

2015 Endowment

1.61%

decline from 2014

Salem College has an endowment valued at about $61.6M, as of the end of the 2015 fiscal year. The endowment of Salem College declined 1.61% from the previous year. The value of their endowment was $27.9M 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. $105k - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Salem College received $105k 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

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$11.3M

Salary Expenditure

$26.3M

Benefits Expenditure

In 2015, Salem College had a total expenditure of $26.3M. Of that $26.3M, they spent $11.3M on salaries and $26.3M on benefits.

The bar chart shows the share of the primary expenses at Salem College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Salem College as a share of total expenditure.

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Salary Expenditure

$11.3M

2015 Salaries

5.96%

growth from 2014

In 2015, Salem College paid a median of $11.3M in salaries, which represents 42.8% of their overall expenditure ($26.3M) and a 5.96% growth from the previous year. This is compared to a 1.29% decline from 2013 and a 11.2% growth from 2012.

The median for similar Baccalaureate Colleges is 13.3M (38.4% of overall expenditures).

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Instructional Salaries

$3.5M

Instructional Salaries

63

Number of Employees

In 2015, Salem College paid a total of $3.5M to 63 employees working as instructors, which represents 31.1% of all salaries paid.

This is compared to a median of $4.52M (34%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

30 Employees

Management

Most Common Non-Instructional Employee

26 Employees

In 2016, the most common positions for instructional staff at Salem College were Assistant professor with 30 employees; Associate professor with 18 employees; and Associate professor with 10 employees.

In 2016, the most common positions for non-instructional staff at Salem College were Management with 26 employees; Service with 24 employees; and Office and Administrative Support with 17 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Assistant professor

  2. Female Associate professor

  3. Female Professor

In 2016, the most common demographic for instructional staff at Salem College was Female Assistant professor with 26 employees, Female Associate professor with 13 employees, and Female Professor with 8 employees.

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

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