St Olaf College

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2020 Undergraduate Tuition
$51,450
3.5% growth from 2019
2020 Average Net Price
$27,838
After Financial Aid
2018 Student Loan
0.803%
Default Rate
2020 Acceptance Rate
50.8%
5,231 Applicants
2020 Enrolled Students
2,953
98.7% Full-Time
2020 Graduation Rate
84.8%
648 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 (114 degrees awarded), General Economics (107 degrees), and General Mathematics (69 degrees).

In 2020, 980 degrees were awarded across all undergraduate and graduate programs at St Olaf College. 55.2% of these degrees were awarded to women, and 44.8% awarded men. The most common race/ethnicity group of degree recipients was white (710 degrees), 10.3 times more than then the next closest race/ethnicity group, hispanic or latino (69 degrees).

The median undergraduate tuition at St Olaf College is $51,450, which is $23,050 more than the national average for Baccalaureate Colleges ($28,400).

Costs

The median undergraduate tuition at St Olaf College is $51,450, which is $23,050 more than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $27,838.

In 2020, 96% of undergraduate students received federal grants, while 49% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$51,450
2020 Undergraduate Tuition

In 2020, the cost of tuition at St Olaf College was $51,450. The cost of tuition at St Olaf College is $23,050 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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Average Net Price

$27,838
2020 Value
0.212%
1 Year Growth

In 2020 St Olaf College had an average net price — the price paid after factoring in grants and loans — of $27,838. Between 2019 and 2020, the average net price of St Olaf College grew by 0.212%.

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.

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Other Student Expenses

$11,270
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at St Olaf College was of $11,270 in 2020. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 3.87% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

96%
Of Undergraduates Receive Grants
49%
Of Undergraduates Receive Federal Loans

96% of undergraduate students at St Olaf College received grants or loans in 2020. This represents a growth of 1.05% with respect to 2019, when 95% 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.

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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.
0.803%
2018 Default Rate
4
Number of Defaults

In 2018 the default rate for borrower's at St Olaf College was 0.803%, which represents 4 out of the 498 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

St Olaf College received 5,231 undergraduate applications in 2020, which represents a 8.13% annual decline. Out of those 5,231 applicants, 2,658 students were accepted for enrollment, representing a 50.8% acceptance rate.

There were 2,953 students enrolled at St Olaf College in 2020, and 39% of first-time enrollees submitted SAT scores with their applications.

St Olaf College has an overall enrollment yield of 27.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

50.8%
Acceptance Rate in 2020
2,658
Accepted Out of 5,231

In 2020, the undergraduate acceptance rate of St Olaf College was 50.8% (2,658 admissions from 5,231 applications). This is higher than the acceptance rate of 2019, which was 47.5%. Between 2019 and 2020, the number of applicants declined by −8.13%, while admissions declined by −1.74%.

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

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SAT Scores

39%
Submission Percentage
281
Scores Submitted

39% of enrolled first-time students at St Olaf College in 2020 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

St Olaf College has a total enrollment of 2,953 students. The full-time enrollment at St Olaf College is 2,916 students and the part-time enrollment is 37. This means that 98.7% of students enrolled at St Olaf College are enrolled full-time.

The enrolled student population at St Olaf College, both undergraduate and graduate, is 67.6% White, 7.55% Hispanic or Latino, 6.74% Asian, 4.23% Two or More Races, 3.25% Black or African American, 0.0339% Native Hawaiian or Other Pacific Islanders, and 0.0339% American Indian or Alaska Native.

Students enrolled at St Olaf College in full-time Undergraduate programs are most commonly White Female (40%), followed by White Male (27.5%) and Asian Female (4.8%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.7%
Full-Time Enrollment

The total enrollment at St Olaf College, both undergraduate and graduate, is 2,953 students. The full-time enrollment at St Olaf College is 2,916 and the part-time enrollment is 37. This means that 98.7% of students enrolled at St Olaf College are enrolled full-time compared with 80.1% 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.

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Retention Rate over Time

91%
2020 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 91%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,997
  2. Hispanic or Latino
    223
  3. Asian
    199

The enrolled student population at St Olaf College is 67.6% White, 7.55% Hispanic or Latino, 6.74% Asian, 4.23% Two or More Races, 3.25% Black or African American, 0.0339% Native Hawaiian or Other Pacific Islanders, and 0.0339% 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 54.8% White, 13.8% Black or African American, and 13.4% 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, 20 students (0.677%) did not report their race.

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Graduates

In 2020, 102 more women than men received degrees from St Olaf College. The most common race/ethnicity group of degree recipients at St Olaf College is white (710 degrees awarded). There were 10.3 times more white graduates than the next closest race/ethnicity group, hispanic or latino (69 degrees).

The most common Bachelor's Degree concentration at St Olaf College is General Biological Sciences (114 degrees awarded), followed by General Economics (107 degrees) and General Mathematics (69 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 (54 degrees awarded), Language & Linguistics (70 degrees), and Philosophy and Religious Studies (29 degrees).

Workforce

Common Jobs by Major

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 (173,532 people), Other managers (115,650 people), Secondary school teachers (108,312 people), Software developers (108,064 people), and Physicians (87,646 people).

The most specialized majors at St Olaf College are Cultural & Gender Studies (54 degrees awarded), Language & Linguistics (70 degrees), Philosophy and Religious Studies (29 degrees), Math & Statistics (69 degrees), and Physical Sciences (57 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 St Olaf College are Securities, commodities, & financial services sales agents, Surgeons, Other financial specialists, Dentists, and Physicians

The most specialized majors at St Olaf College are Cultural & Gender Studies (54 degrees awarded), Language & Linguistics (70 degrees), Philosophy and Religious Studies (29 degrees), Math & Statistics (69 degrees), and Physical Sciences (57 degrees).

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Common Industries by Major

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 (289,281 people), Elementary & secondary schools (245,496 people), Computer Systems Design (140,901 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (104,110 people), and Scientific research & development services (73,726 people).

The most specialized majors at St Olaf College are Cultural & Gender Studies (54 degrees awarded), Language & Linguistics (70 degrees), Philosophy and Religious Studies (29 degrees), Math & Statistics (69 degrees), and Physical Sciences (57 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 St Olaf College.
Most Common
  1. 114 degree-majorss awarded
  2. 107 degree-majorss awarded
  3. 69 degree-majorss awarded

In 2020, the most common bachelors degree concentration at St Olaf College was General Biological Sciences with 114 degrees awarded.

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

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Sex Breakdown for Common Majors

439
Degrees Awarded to Men
in 2020
541
Degrees Awarded to Women
in 2020

In 2020, 439 degrees were awarded to men at St Olaf College, which is 0.811 times less than the number of degrees awarded to females (541).

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

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Most Common Male Majors

In 2020, 75 degrees were awarded to men at St Olaf College in General Economics, which is 2.34 times more than the 32 female recipients with that same degree.

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Most Common Female Majors

In 2020, 64 degrees were awarded to women at St Olaf College in General Biological Sciences, which is 1.28 times more than the 50 male recipients with that same degree.

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Time to Complete

82%
100% Completion Time
86%
150% Completion Time

In 2020, 82% of students graduating from St Olaf College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 86% 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.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (89.7%)

The student demographic with the highest graduation rate at St Olaf College is Female and White (89.7% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.4%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    710 degrees awarded
  2. Hispanic or Latino
    69 degrees awarded
  3. Asian
    49 degrees awarded

The most common race/ethnicity at St Olaf College is white (710 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (69 degrees).

0.408% of degree recipients (4 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    391 degrees awarded
  2. White Male
    319 degrees awarded
  3. Hispanic or Latino Female
    37 degrees awarded

The most common race/ethnicity and sex grouping at St Olaf College is white female (391 degrees awarded). There were 1.23 times more white female recipients than the next closest race/ethnicity group, white male (319 degrees).

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Operations

St Olaf College has an endowment valued at nearly $516M, as of the end of the 2020 fiscal year. The return on its endowment was of $−NaNM (−2.57%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, St Olaf College had a total salary expenditure of $123M. St Olaf College employs 74 Associate professors, 67 Assistant professors, and 59 Professors. Most academics at St Olaf College are Male Associate professors (38), Female Associate professors(36), and Female Assistant professors (35).

The most common positions for non-instructional staff at St Olaf College are: Service, with 93 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 56 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 56 employees.

Finances

Endowment

$516M
2020 Endowment
4.41%
decline from 2019

St Olaf College has an endowment valued at about $516M, as of the end of the 2020 fiscal year. The endowment of St Olaf College declined 4.41% from the previous year. The value of their endowment was $476M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $4.76M - Federal
  2. $229k - State
  3. $680 - Local

As of 2020, St Olaf College received $4.76M in grants and contracts from the federal government, $229k from state grants and contracts, and $680 from local grants and contracts.

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Expenses

Salary Expenditure

$47M
2020 Salaries
1.67%
growth from 2019

In 2020, St Olaf College paid a median of $47M in salaries, which represents 38.2% of their overall expenditure ($123M) and a 1.67% growth from the previous year. This is compared to a 0.521% growth from 2018 and a 0.455% growth from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

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Instructional Salaries

$16.7M
Instructional Salaries
211
Number of Employees

In 2020, St Olaf College paid a total of $16.7M to 211 employees working as instructors, which represents 35.6% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Associate professor
Most Common Instructor
74 Employees
Service
Most Common Non-Instructional Employee
93 Employees

In 2020, the most common positions for instructional staff at St Olaf College were Associate professor with 74 employees; Assistant professor with 67 employees; and Assistant professor with 59 employees.

In 2020, the most common positions for non-instructional staff at St Olaf College were Service with 93 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 56 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 56 employees.

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Instructors by Academic Rank and Sex

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

In 2020, the most common demographic for instructional staff at St Olaf College was Male Associate professor with 38 employees, Female Associate professor with 36 employees, and Female Assistant professor with 35 employees.

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

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