St Olaf College

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2017 Undergraduate Tuition

$46,000

4.12% growth from 2016

2017 Average Net Price

$27,587

After Financial Aid

2016 Student Loan

0.576%

Default Rate

2017 Acceptance Rate

43.2%

5,949 Applicants

2017 Enrolled Students

3,035

98.9% Full-Time

2017 Graduation Rate

88.2%

652 Graduates

About

St Olaf College is a higher education institution located in Rice County, MN. In 2016, the most popular Bachelor's Degree concentrations at St Olaf College were General Biological Sciences (98 degrees awarded), General Economics (81 degrees), and General Psychology (65 degrees).

In 2017, 896 degrees were awarded across all undergraduate and graduate programs at St Olaf College. 58.4% of these degrees were awarded to women, and 41.6% awarded men. The majority of degree recipients were white (679 degrees), 14.4 times more than then the next closest race/ethnicity group, asian (47 degrees).

The median undergraduate tuition at St Olaf College is $46,000, which is $20,806 more than the national average for Baccalaureate Colleges ($25,194).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at St Olaf College is $46,000, which is $20,806 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $27,587.

In 2017, 90% of undergraduate students received federal grants, while 50% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$46,000

2017 Undergraduate Tuition

In 2017, the cost of tuition at St Olaf College was $46,000. The cost of tuition at St Olaf College is $20,806 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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

Average Net Price

$27,587

2017 Value

1.11%

1 Year Growth

In 2017 St Olaf College had an average net price — the price paid after factoring in grants and loans — of $27,587. Between 2016 and 2017, the average net price of St Olaf College grew by 1.11%.

This chart compares the average net price of St Olaf 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

$10,080

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at St Olaf College was of $10,080 in 2017. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 2.96% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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

Financial Aid

Financial Aid by Income Level

90%

Of Undergraduates Receive Grants

50%

Of Undergraduates Receive Federal Loans

90% of undergraduate students at St Olaf College received grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at St Olaf 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.

0.576%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at St Olaf College was 0.576%, which represents 3 out of the 521 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

St Olaf College received 5,949 undergraduate applications in 2017, which represents a 1.52% annual decline. Out of those 5,949 applicants, 2,571 students were accepted for enrollment, representing a 43.2% acceptance rate.

There were 3,035 students enrolled at St Olaf College in 2017, and 27% of first-time enrollees submitted SAT scores with their applications.

St Olaf College has an overall enrollment yield of 30.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

43.2%

Acceptance Rate in 2017

2,571

Accepted Out of 5,949

In 2017, the undergraduate acceptance rate of St Olaf College was 43.2% (2,571 admissions from 5,949 applications). This is lower than the acceptance rate of 2016, which was 44.8%. Between 2016 and 2017, the number of applicants declined by -1.52%, while admissions declined by -4.92%.

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

SAT Scores

27%

Submission Percentage

214

Scores Submitted

27% of enrolled first-time students at St Olaf College in 2017 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.

Enrollment

St Olaf College has a total enrollment of 3,035 students. The full-time enrollment at St Olaf College is 3,003 students and the part-time enrollment is 32. This means that 98.9% of students enrolled at St Olaf College are enrolled full-time.

The enrolled student population at St Olaf College, both undergraduate and graduate, is 70.8% White, 7.02% Asian, 5.93% Hispanic or Latino, 3.03% Two or More Races, 2.54% Black or African American, 0.0659% Native Hawaiian or Other Pacific Islanders, and 0.0329% American Indian or Alaska Native.

Students enrolled at St Olaf College in full-time Undergraduate programs are majority White Female (40.2%), followed by White Male (30.6%) and Asian Female (5.16%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.9%

Full-Time Enrollment

The total enrollment at St Olaf College, both undergraduate and graduate, is 3,035 students. The full-time enrollment at St Olaf College is 3,003 and the part-time enrollment is 32. This means that 98.9% of students enrolled at St Olaf College are enrolled full-time compared with 80.6% at similar Baccalaureate Colleges.

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

Retention Rate over Time

92%

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 St Olaf College was 92%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), St Olaf College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
2,149
Asian
213
Hispanic or Latino
180

The enrolled student population at St Olaf College is 70.8% White, 7.02% Asian, 5.93% Hispanic or Latino, 3.03% Two or More Races, 2.54% Black or African American, 0.0659% Native Hawaiian or Other Pacific Islanders, and 0.0329% 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 54.9% White, 14% Black or African American, and 12.6% 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, 23 students (0.758%) did not report their race.

Graduates

In 2017, 150 more women than men received degrees from St Olaf College. The majority of degree recipients at St Olaf College are white (679 degrees awarded). There were 14.4 times more white graduates than the next closest race/ethnicity group, asian (47 degrees).

The most common Bachelor's Degree concentration at St Olaf College is General Biological Sciences (98 degrees awarded), followed by General Economics (81 degrees) and General Psychology (65 degrees).

The most specialized majors across all degree types at St Olaf College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Cultural & Gender Studies (43 degrees awarded), Philosophy and Religious Studies (38 degrees), and Language & Linguistics (66 degrees).

Workforce

Common Jobs by Major

Postsecondary teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at St Olaf College are Postsecondary teachers (166,411 people), Elementary & middle school teachers (126,267 people), Other managers (116,056 people), Physicians (87,896 people), and Software developers (79,341 people).

The most specialized majors at St Olaf College are Cultural & Gender Studies (43 degrees awarded), Philosophy and Religious Studies (38 degrees), Language & Linguistics (66 degrees), Physical Sciences (72 degrees), and Math & Statistics (57 degrees).

Highest Paying Jobs by Major

Chemists & materials scientists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at St Olaf College are Chemists & materials scientists, Dentists, Surgeons, Sales managers, and Securities, commodities, & financial services sales agents

Common Industries by Major

Colleges, universities & professional schools, including junior colleges

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at St Olaf College are Colleges, universities & professional schools, including junior colleges (286,833 people), Elementary & secondary schools (246,061 people), Computer Systems Design (128,583 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (116,175 people), and Scientific research & development services (66,407 people).

Degrees

Majors Awarded

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

Most Common

General Biological Sciences
98 degree-majorss awarded
General Economics
81 degree-majorss awarded
General Psychology
65 degree-majorss awarded

In 2017, the most common bachelors degree concentration at St Olaf College was General Biological Sciences with 98 degree-majorss awarded.

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

Gender Breakdown for Common Majors

Degrees Awarded to Men

In 2017, 373 degrees were awarded to men at St Olaf College, which is 0.713 times less than the number of degrees awarded to females (523).

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

Most Common Male Majors

In 2017, 55 degrees were awarded to men at St Olaf College in General Economics, which is 2.12 times more than the 26 female recipients with that same degree.

Most Common Female Majors

In 2017, 63 degrees were awarded to women at St Olaf College in General Biological Sciences, which is 1.8 times more than the 35 male recipients with that same degree.

Time to Complete

84%

100% Completion Time

87%

150% Completion Time

In 2017, 84% of students graduating from St Olaf College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 87% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at St Olaf College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (68.1%).

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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
679 degrees awarded
Asian
47 degrees awarded
Hispanic or Latino
35 degrees awarded

The most common race/ethnicity at St Olaf College is white (679 degrees awarded). There were 14.4 times more white recipients than the next closest race/ethnicity group, asian (47 degrees).

3.01% of degree recipients (27 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
386 degrees awarded
White Male
293 degrees awarded
Asian Female
32 degrees awarded

The most common race/ethnicity and gender grouping at St Olaf College is white female (386 degrees awarded). There were 1.32 times more white female recipients than the next closest race/ethnicity group, white male (293 degrees).

Operations

St Olaf College has an endowment valued at nearly $499M, as of the end of the 2017 fiscal year. The return on its endowment was of $56M (11.2%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, St Olaf College had a total salary expenditure of $124M. St Olaf College employs 77 Associate professors, 69 Assistant professors, and 61 Professors. Most academics at St Olaf College are Male Associate professors (47), Female Assistant professors(36), and Male Professors (34).

The most common positions for non-instructional staff at St Olaf College are: Service, with 97 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 52 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 51 employees.

Finances

Endowment

$499M

2017 Endowment

11.4%

growth from 2016

St Olaf College has an endowment valued at about $499M, as of the end of the 2017 fiscal year. The endowment of St Olaf College grew 11.4% from the previous year. The value of their endowment was $462M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at St Olaf 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.

Government Grants and Contracts

Grants & Contracts

$2.86M - Federal
$143k - State
$2.19k - Local

As of 2017, St Olaf College received $2.86M in grants and contracts from the federal government, $143k from state grants and contracts, and $2.19k from local grants and contracts.

Expenses

Salary Expenditure

$45.8M

2017 Salaries

3.45%

growth from 2016

In 2017, St Olaf College paid a median of $45.8M in salaries, which represents 37% of their overall expenditure ($124M) and a 3.45% growth from the previous year. This is compared to a 11% decline from 2015 and a 2.06% growth from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

Instructional Salaries

$17.4M

Instructional Salaries

221

Number of Employees

In 2017, St Olaf College paid a total of $17.4M to 221 employees working as instructors, which represents 37.9% of all salaries paid.

This is compared to a median of $4.89M (34.4%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

77 Employees

Service

Most Common Non-Instructional Employee

97 Employees

In 2017, the most common positions for instructional staff at St Olaf College were Associate professor with 77 employees; Assistant professor with 69 employees; and Assistant professor with 61 employees.

In 2017, the most common positions for non-instructional staff at St Olaf College were Service with 97 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 52 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 51 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Associate professor
Female Assistant professor
Male Professor

In 2017, the most common demographic for instructional staff at St Olaf College was Male Associate professor with 47 employees, Female Assistant professor with 36 employees, and Male Professor with 34 employees.

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

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