Spencerian College-Lexington

spencerian.edu

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2017 Undergraduate Tuition

$19,800

10.4% growth from 2016

2017 Average Net Price

$26,409

After Financial Aid

2020 Default Rate

on Student Loans

2017 Enrolled Students

81.4% Full-Time

About

Spencerian College-Lexington is a higher education institution located in Fayette County, KY. In 2017, the most popular Associates Degree concentrations at Spencerian College-Lexington were Radiographer (10 degrees awarded), Medical Office Management (1 degrees), and Clinical Laboratory Technician (1 degrees).

In 2017, 25 degrees were awarded across all undergraduate and graduate programs at Spencerian College-Lexington. 80% of these degrees were awarded to women, and 20% awarded men. The most common race/ethnicity group of degree recipients was white (19 degrees), 9.5 times more than then the next closest race/ethnicity group, black or african american (2 degrees).

The median undergraduate tuition at Spencerian College-Lexington is $19,800, which is $11,688 more than the national average for Associates Colleges ($8,112).

In 2020 the default rate for borrower's at Spencerian College-Lexington was 0%, corresponding to 0 out of the 1786 total borrowers.

Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional Associates Colleges

Costs

In 2017, the median undergraduate tuition at Spencerian College-Lexington is $19,800

After taking grants and loans into account, the average net price for students is $26,409.

In 2017, 70% of undergraduate students attending Spencerian College-Lexington received financial aid through grants. Comparatively, 68% of undergraduate students received financial aid through loans.

Tuition Costs

$19,800

2017 Undergraduate Tuition

In 2017, the cost of tuition at Spencerian College-Lexington was $19,800.

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

Average Net Price

$26,409

2017 Value

33.7%

1 Year Growth

In 2017 Spencerian College-Lexington had an average net price — the price paid after factoring in grants and loans — of $26,409. Between 2016 and 2017, the average net price of Spencerian College-Lexington grew by 33.7%.

This chart compares the average net price of Spencerian College-Lexington (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

$7,716

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Spencerian College-Lexington was of $7,716 in 2017. The cost of room and board increased by 14% between 2016 and 2017.

During the same period, the average yearly cost of books and supplies was $1,500. The cost of books and supplies increased by 7.14% during the same period.

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

Financial Aid by Income Level

70%

Undergraduates Receiving Financial Aid through Grants

68%

Undergraduates Receiving Financial Aid through Loans

70% of undergraduate students at Spencerian College-Lexington received financial aid through grants or loans in 2017. This represents a decline of 23.9% with respect to 2016, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at Spencerian College-Lexington (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 Spencerian College-Lexington was 0%, which represents 0 out of the 1786 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.

Enrollment

Spencerian College-Lexington had a total enrollment of 59 students in 2017. The full-time enrollment at Spencerian College-Lexington is 48 students and the part-time enrollment is 11. This means that 81.4% of students enrolled at Spencerian College-Lexington are enrolled full-time.

The enrolled student population at Spencerian College-Lexington, both undergraduate and graduate, is 71.2% White, 11.9% Two or More Races, 10.2% Black or African American, and 1.69% Hispanic or Latino.

Students enrolled at Spencerian College-Lexington in full-time Undergraduate programs are most commonly White Female (54.2%), followed by Two or More Races Female (14.6%) and White Male (12.5%).

Full-Time vs Part-Time Enrollment

81.4%

Full-Time Enrollment

The total enrollment at Spencerian College-Lexington in 2017, both undergraduate and graduate, is 59 students. The full-time enrollment at Spencerian College-Lexington is 48 and the part-time enrollment is 11. This means that 81.4% of students enrolled at Spencerian College-Lexington are enrolled full-time compared with 32.2% at similar Associates Colleges.

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

Retention Rate over Time

40%

2017 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 Spencerian College-Lexington was 40%. Compared with the full-time retention rate at similar Associates Colleges (62%), Spencerian College-Lexington had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2017)

White
42 enrolled students
Two or More Races
7 enrolled students
Black or African American
6 enrolled students

The enrolled student population at Spencerian College-Lexington is 71.2% White, 11.9% Two or More Races, 10.2% Black or African American, and 1.69% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 42.9% White, 27.9% Hispanic or Latino, and 12.5% Black or African American.

Graduates

In 2017, 15 more women than men received degrees from Spencerian College-Lexington. The most common race/ethnicity group of degree recipients at Spencerian College-Lexington is white (19 degrees awarded). There were 9.5 times more white recipients than the next closest race/ethnicity group, black or african american (2 degrees).

The most common Associates Degree concentration at Spencerian College-Lexington is Radiographer (10 degrees awarded), followed by Medical Office Management (1 degrees) and Clinical Laboratory Technician (1 degrees).

In 2017, the most specialized majors across all degree types at Spencerian College-Lexington, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (25 degrees awarded).

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 Spencerian College-Lexington are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Spencerian College-Lexington in 2017 are Health (25 degrees awarded) (as of 2017).

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 Spencerian College-Lexington are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Spencerian College-Lexington are Health (25 degrees awarded) (as of 2017).

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 Spencerian College-Lexington 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).

The most specialized majors at Spencerian College-Lexington are Health (25 degrees awarded) (as of 2017).

Majors Awarded

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

Most Common (2017)

Radiographer
10 degrees awarded
Medical Office Management
1 degrees awarded
Clinical Laboratory Technician
1 degrees awarded

In 2017, the most common associates degree concentration at Spencerian College-Lexington was Radiographer with 10 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Spencerian College-Lexington according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2017

Degrees Awarded to Women

in 2017

In 2017, 5 degrees were awarded to men at Spencerian College-Lexington, which is 0.25 times less than the number of degrees awarded to females (20).

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

Most Common Male Majors

In 2017, 3 degrees were awarded to men at Spencerian College-Lexington in Radiographer, which is 0.273 times less than the 11 female recipients with that same degree.

Most Common Female Majors

In 2017, 11 degrees were awarded to men at Spencerian College-Lexington in Radiographer, which is 3.67 times more than the 3 male recipients with that same degree.

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 2017 at Spencerian College-Lexington is Female and Asian (100% graduation rate). Across all Associates 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2017)

White
19 degrees awarded
Black or African American
2 degrees awarded
Hispanic or Latino
1 degrees awarded

The most common race/ethnicity at Spencerian College-Lexington is white (19 degrees awarded). There were 9.5 times more white recipients than the next closest race/ethnicity group, black or african american (2 degrees).

8% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2017)

White Female
14 degrees awarded
White Male
5 degrees awarded
Black or African American Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Spencerian College-Lexington is white female (14 degrees awarded). There were 2.8 times more white female recipients than the next closest race/ethnicity group, white male (5 degrees).

Operations

Spencerian College-Lexington employs 12 Instructors. Most academics at Spencerian College-Lexington are Female Instructor (9), and Male Instructor (3).

The most common positions for non-instructional staff at Spencerian College-Lexington are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 6 employees, Management, with 4 employees, and Office and Administrative Support with 3 employees.

Salary Expenditure

$1.27M

2017 Salaries

11.3%

decline from 2016

In 2017, Spencerian College-Lexington paid a median of $1.27M in salaries, a 11.3% decline from the previous year. This is compared to a 28.6% decline between 2015 and 2016, and a 19% decline between 2014 and 2015.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$519k

Instructional Salaries

Number of Employees

In 2017, Spencerian College-Lexington paid a total of $519k to 12 employees working as instructors, which represents 40.9% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

12 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

6 Employees

In 2017, the most common positions for instructional staff at Spencerian College-Lexington was Instructor with 12 employees.

In 2017, the most common positions for non-instructional staff at Spencerian College-Lexington were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 6 employees, Management with 4 employees, and Office and Administrative Support with 3 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2017)

Female Instructor
Male Instructor

In 2017, the most common demographic for instructional staff at Spencerian College-Lexington was Female Instructor with 9 employees, and Male Instructor with 3 employees.

This chart shows the sex split between each academic rank present at Spencerian College-Lexington.

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