St Olaf College

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2019 Undergraduate Tuition
$49,710
3.91% growth from 2018
2019 Average Net Price
$27,779
After Financial Aid
2017 Student Loan
1.05%
Default Rate
2019 Acceptance Rate
47.5%
5,694 Applicants
2019 Enrolled Students
3,072
99.3% Full-Time
2018 Graduation Rate
86.2%
744 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 Economics (92 degrees awarded), General Biological Sciences (90 degrees), and General Mathematics (73 degrees).

In 2019, 920 degrees were awarded across all undergraduate and graduate programs at St Olaf College. 56.8% of these degrees were awarded to women, and 43.2% awarded men. The most common race/ethnicity group of degree recipients was white (647 degrees), 9.8 times more than then the next closest race/ethnicity group, asian (66 degrees).

The median undergraduate tuition at St Olaf College is $49,710, which is $22,430 more than the national average for Baccalaureate Colleges ($27,280).

Costs

The median undergraduate tuition at St Olaf College is $49,710, which is $22,430 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $27,779.

In 2019, 95% of undergraduate students received federal grants, while 50% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$49,710
2019 Undergraduate Tuition

In 2019, the cost of tuition at St Olaf College was $49,710. The cost of tuition at St Olaf College is $22,430 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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

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Average Net Price

$27,779
2019 Value
3.29%
1 Year Growth

In 2019 St Olaf College had an average net price — the price paid after factoring in grants and loans — of $27,779. Between 2018 and 2019, the average net price of St Olaf College grew by 3.29%.

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

$10,850
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at St Olaf College was of $10,850 in 2019. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 4.03% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

95%
Of Undergraduates Receive Grants
50%
Of Undergraduates Receive Federal Loans

95% of undergraduate students at St Olaf College received grants or loans in 2019. This represents a growth of 2.15% with respect to 2018, when 93% 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.
1.05%
2017 Default Rate
6
Number of Defaults

In 2017 the default rate for borrower's at St Olaf College was 1.05%, which represents 6 out of the 572 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 5,694 undergraduate applications in 2019, which represents a 3.6% annual growth. Out of those 5,694 applicants, 2,705 students were accepted for enrollment, representing a 47.5% acceptance rate.

There were 3,072 students enrolled at St Olaf College in 2019, and 30% of first-time enrollees submitted SAT scores with their applications.

St Olaf College has an overall enrollment yield of 29.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

47.5%
Acceptance Rate in 2019
2,705
Accepted Out of 5,694

In 2019, the undergraduate acceptance rate of St Olaf College was 47.5% (2,705 admissions from 5,694 applications). This is lower than the acceptance rate of 2018, which was 49.9%. Between 2018 and 2019, the number of applicants grew by 3.6%, while admissions declined by −1.39%.

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

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SAT Scores

30%
Submission Percentage
243
Scores Submitted

30% of enrolled first-time students at St Olaf College in 2019 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 3,072 students. The full-time enrollment at St Olaf College is 3,050 students and the part-time enrollment is 22. This means that 99.3% of students enrolled at St Olaf College are enrolled full-time.

The enrolled student population at St Olaf College, both undergraduate and graduate, is 68.2% White, 6.97% Hispanic or Latino, 6.64% Asian, 4.04% Two or More Races, 2.73% Black or African American, 0.0326% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at St Olaf College in full-time Undergraduate programs are most commonly White Female (39.5%), followed by White Male (28.7%) and Asian Female (4.69%). 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

99.3%
Full-Time Enrollment

The total enrollment at St Olaf College, both undergraduate and graduate, is 3,072 students. The full-time enrollment at St Olaf College is 3,050 and the part-time enrollment is 22. This means that 99.3% of students enrolled at St Olaf College are enrolled full-time compared with 81.1% 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%
2019 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
    2,096
  2. Hispanic or Latino
    214
  3. Asian
    204

The enrolled student population at St Olaf College is 68.2% White, 6.97% Hispanic or Latino, 6.64% Asian, 4.04% Two or More Races, 2.73% Black or African American, 0.0326% Native Hawaiian or Other Pacific Islanders, and 0% 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 55% White, 14% Black or African American, and 13.1% 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, 15 students (0.488%) did not report their race.

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Graduates

In 2019, 126 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 (647 degrees awarded). There were 9.8 times more white graduates than the next closest race/ethnicity group, asian (66 degrees).

The most common Bachelor's Degree concentration at St Olaf College is General Economics (92 degrees awarded), followed by General Biological Sciences (90 degrees) and General Mathematics (73 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 (69 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 (43 degrees awarded), Philosophy and Religious Studies (38 degrees), Language & Linguistics (69 degrees), Math & Statistics (73 degrees), and Physical Sciences (63 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 (43 degrees awarded), Philosophy and Religious Studies (38 degrees), Language & Linguistics (69 degrees), Math & Statistics (73 degrees), and Physical Sciences (63 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 (43 degrees awarded), Philosophy and Religious Studies (38 degrees), Language & Linguistics (69 degrees), Math & Statistics (73 degrees), and Physical Sciences (63 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. 92 degree-majorss awarded
  2. 90 degree-majorss awarded
  3. 73 degree-majorss awarded

In 2019, the most common bachelors degree concentration at St Olaf College was General Economics with 92 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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Gender Breakdown for Common Majors

397
Degrees Awarded to Men
in 2019
523
Degrees Awarded to Women
in 2019

In 2019, 397 degrees were awarded to men at St Olaf College, which is 0.759 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.

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Most Common Male Majors

In 2019, 68 degrees were awarded to men at St Olaf College in General Economics, which is 2.83 times more than the 24 female recipients with that same degree.

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Most Common Female Majors

In 2019, 66 degrees were awarded to women at St Olaf College in General Biological Sciences, which is 2.75 times more than the 24 male recipients with that same degree.

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Time to Complete

85%
100% Completion Time
88%
150% Completion Time

In 2019, 85% of students graduating from St Olaf College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 88% completed their degrees within 150% of the normal time, and 88% 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.
American Indian or Alaska Native Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at St Olaf College is Female and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    647 degrees awarded
  2. Asian
    66 degrees awarded
  3. Hispanic or Latino
    48 degrees awarded

The most common race/ethnicity at St Olaf College is white (647 degrees awarded). There were 9.8 times more white recipients than the next closest race/ethnicity group, asian (66 degrees).

0.87% of degree recipients (8 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    359 degrees awarded
  2. White Male
    288 degrees awarded
  3. Asian Female
    52 degrees awarded

The most common race/ethnicity and gender grouping at St Olaf College is white female (359 degrees awarded). There were 1.25 times more white female recipients than the next closest race/ethnicity group, white male (288 degrees).

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Operations

St Olaf College has an endowment valued at nearly $540M, as of the end of the 2019 fiscal year. The return on its endowment was of $1.02M (0.189%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, St Olaf College had a total salary expenditure of $124M. St Olaf College employs 68 Associate professors, 67 Assistant professors, and 58 Professors. Most academics at St Olaf College are Female Assistant professors (38), Male Associate professors(36), and Male Professors (35).

The most common positions for non-instructional staff at St Olaf College are: Service, with 96 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 56 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 52 employees.

Finances

Endowment

$540M
2019 Endowment
0.618%
growth from 2018

St Olaf College has an endowment valued at about $540M, as of the end of the 2019 fiscal year. The endowment of St Olaf College grew 0.618% from the previous year. The value of their endowment was $499M 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. $2.71M - Federal
  2. $173k - State
  3. $0 - Local

As of 2019, St Olaf College received $2.71M in grants and contracts from the federal government, $173k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$46.2M
2019 Salaries
0.521%
growth from 2018

In 2019, St Olaf College paid a median of $46.2M in salaries, which represents 37.2% of their overall expenditure ($124M) and a 0.521% growth from the previous year. This is compared to a 0.455% growth from 2017 and a 3.45% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

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Instructional Salaries

$16.5M
Instructional Salaries
209
Number of Employees

In 2019, St Olaf College paid a total of $16.5M to 209 employees working as instructors, which represents 35.7% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Associate professor
Most Common Instructor
68 Employees
Service
Most Common Non-Instructional Employee
96 Employees

In 2019, the most common positions for instructional staff at St Olaf College were Associate professor with 68 employees; Assistant professor with 67 employees; and Assistant professor with 58 employees.

In 2019, the most common positions for non-instructional staff at St Olaf College were Service with 96 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 56 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 52 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at St Olaf College was Female Assistant professor with 38 employees, Male Associate professor with 36 employees, and Male Professor with 35 employees.

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

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