University of Mount Olive

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2016 Undergraduate Tuition

$19,000

3.26% growth from 2015

2016 Average Net Price

$15,063

After Financial Aid

2015 Student Loan

9.14%

Default Rate

2016 Acceptance Rate

47.7%

2,652 Applicants

2016 Enrolled Students

3,430

43.6% Full-Time

2016 Graduation Rate

51.2%

125 Graduates

About

University of Mount Olive is a higher education institution located in Wayne County, NC. In 2016, the most popular Bachelor's Degree concentrations at University of Mount Olive were General Business Administration & Management (135 degrees awarded), Criminal Justice - Safety Studies (100 degrees), and Early Childhood Education & Teaching (78 degrees).

In 2016, 872 degrees were awarded across all undergraduate and graduate programs at University of Mount Olive. 66.4% of these degrees were awarded to women, and 33.6% awarded men. The majority of degree recipients were white (503 degrees), 2.07 times more than then the next closest race/ethnicity group, black or african american (243 degrees).

The median undergraduate tuition at University of Mount Olive is $19,000, which is $-5,415 less than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at University of Mount Olive is $19,000, which is $-5,415 less than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $15,063.

In 2016, 81% of undergraduate students received federal grants, while 73% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$19,000

2016 Undergraduate Tuition

In 2016, the cost of tuition at University of Mount Olive was $19,000. The cost of tuition at University of Mount Olive is $-5,415 less than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

This chart compares the tuition costs of University of Mount Olive (in red) with those of other similar universities.

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Average Net Price

$15,063

2016 Value

2.79%

1 Year Growth

In 2016 University of Mount Olive had an average net price — the price paid after factoring in grants and loans — of $15,063. Between 2015 and 2016, the average net price of University of Mount Olive grew by 2.79%.

This chart compares the average net price of University of Mount Olive (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

$6,700

Room and Board

$1,350

Books and Supplies

The average yearly cost of room and board at University of Mount Olive was of $6,700 in 2016. During the same period, the average yearly cost of books and supplies was $1,350. The cost of room and board increased by 0.79% between 2015 and 2016. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at University of Mount Olive (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

81%

Of Undergraduates Receive Grants

73%

Of Undergraduates Receive Federal Loans

81% of undergraduate students at University of Mount Olive received grants or loans in 2016. This represents a decline of 11% with respect to 2015, when 91% of undergraduate students received financial aid.

This chart compares the average award discount at University of Mount Olive (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.

9.14%

2015 Default Rate

113

Number of Defaults

In 2015 the default rate for borrower's at University of Mount Olive was 9.14%, which represents 113 out of the 1237 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

University of Mount Olive received 2,652 undergraduate applications in 2016, which represents a 17.2% annual growth. Out of those 2,652 applicants, 1,264 students were accepted for enrollment, representing a 47.7% acceptance rate.

There were 3,430 students enrolled at University of Mount Olive in 2016, and 53% of first-time enrollees submitted SAT scores with their applications.

University of Mount Olive has an overall enrollment yield of 23.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

47.7%

Acceptance Rate in 2016

1,264

Accepted Out of 2,652

In 2016, the undergraduate acceptance rate of University of Mount Olive was 47.7% (1,264 admissions from 2,652 applications). This is lower than the acceptance rate of 2015, which was 50.5%. Between 2015 and 2016, the number of applicants grew by 17.2%, while admissions grew by 10.6%.

This chart compares the acceptance rate of University of Mount Olive (in red) with that of other similar universities.

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SAT Scores

53%

Submission Percentage

146

Scores Submitted

53% of enrolled first-time students at University of Mount Olive 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

University of Mount Olive has a total enrollment of 3,430 students. The full-time enrollment at University of Mount Olive is 1,495 students and the part-time enrollment is 1,935. This means that 43.6% of students enrolled at University of Mount Olive are enrolled full-time.

The enrolled student population at University of Mount Olive, both undergraduate and graduate, is 51% White, 28.9% Black or African American, 6.88% Two or More Races, 3.06% Hispanic or Latino, 0.845% American Indian or Alaska Native, 0.408% Asian, and 0.175% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Mount Olive in full-time Undergraduate programs are majority White Female (36.2%), followed by White Male (20.2%) and Black or African American Female (11.1%). Students enrolled in full-time Graduate programs are majority White Female (41.7%), followed by Black or African American Female (18.8%) and White Male (16.7%).

Full-Time vs Part-Time Enrollment

43.6%

Full-Time Enrollment

The total enrollment at University of Mount Olive, both undergraduate and graduate, is 3,430 students. The full-time enrollment at University of Mount Olive is 1,495 and the part-time enrollment is 1,935. This means that 43.6% of students enrolled at University of Mount Olive are enrolled full-time compared with 81% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at University of Mount Olive (in red) compares to similar universities.

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Retention Rate over Time

64%

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 University of Mount Olive was 64%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), University of Mount Olive had a retention rate lower than its peers.

This chart shows the retention rate over time at University of Mount Olive (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,750

  2. Black or African American

    990

  3. Two or More Races

    236

The enrolled student population at University of Mount Olive is 51% White, 28.9% Black or African American, 6.88% Two or More Races, 3.06% Hispanic or Latino, 0.845% American Indian or Alaska Native, 0.408% Asian, and 0.175% 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, 201 students (5.86%) did not report their race.

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Graduates

In 2016, 286 more women than men received degrees from University of Mount Olive. The majority of degree recipients at University of Mount Olive are white (503 degrees awarded). There were 2.07 times more white graduates than the next closest race/ethnicity group, black or african american (243 degrees).

The most common Bachelor's Degree concentration at University of Mount Olive is General Business Administration & Management (135 degrees awarded), followed by Criminal Justice - Safety Studies (100 degrees) and Early Childhood Education & Teaching (78 degrees).

The most specialized majors across all degree types at University of Mount Olive, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (13 degrees awarded), Parks, Recreation, & Leisure (49 degrees), and Protective Services (100 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 University of Mount Olive are Elementary & middle school teachers (1,877,912 people), Secondary school teachers (312,039 people), Education administrators (252,768 people), Miscellaneous managers (170,254 people), and Police officers (141,936 people).

The most specialized majors at University of Mount Olive are Philosophy and Religious Studies (13 degrees awarded), Parks, Recreation, & Leisure (49 degrees), Protective Services (100 degrees), Agriculture (13 degrees), and Education (97 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 University of Mount Olive are Aircraft pilots & flight engineers, Physicians & surgeons, Dentists, Financial analysts, and Pharmacists

The most specialized majors at University of Mount Olive are Philosophy and Religious Studies (13 degrees awarded), Parks, Recreation, & Leisure (49 degrees), Protective Services (100 degrees), Agriculture (13 degrees), and Education (97 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 University of Mount Olive are Elementary & secondary schools (2,760,625 people), Justice, public order, & safety activities (361,162 people), Colleges, universities & professional schools, including junior colleges (279,520 people), Hospitals (193,410 people), and Insurance carriers & related activities (109,927 people).

The most specialized majors at University of Mount Olive are Philosophy and Religious Studies (13 degrees awarded), Parks, Recreation, & Leisure (49 degrees), Protective Services (100 degrees), Agriculture (13 degrees), and Education (97 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 University of Mount Olive.

In 2016, the most common bachelors degree concentration at University of Mount Olive was General Business Administration & Management with 135 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at University of Mount Olive according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 293

  2. 579

In 2016, 293 degrees were awarded to men at University of Mount Olive, which is 0.506 times less than the number of degrees awarded to females (579).

This chart displays the gender disparity between the top 5 majors at University of Mount Olive by degrees awarded.

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Most Common Male Majors

In 2016, 66 degrees were awarded to men at University of Mount Olive in General Business Administration & Management, which is 0.673 times less than the 98 female recipients with that same degree.

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Most Common Female Majors

In 2016, 98 degrees were awarded to women at University of Mount Olive in General Business Administration & Management, which is 1.48 times more than the 66 male recipients with that same degree.

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Time to Complete

32%

100% Completion Time

43%

150% Completion Time

In 2016, 32% of students graduating from University of Mount Olive completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 43% completed their degrees within 150% of the normal time, and 44% 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.

Black or African American Female

Highest Graduation Rate (57.9%)

The student demographic with the highest graduation rate at University of Mount Olive is Female and Black or African American (57.9% 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, 12.8% of graduates (16 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    503 degrees awarded

  2. Black or African American

    243 degrees awarded

  3. Hispanic or Latino

    44 degrees awarded

The most common race/ethnicity at University of Mount Olive is white (503 degrees awarded). There were 2.07 times more white recipients than the next closest race/ethnicity group, black or african american (243 degrees).

3.67% of degree recipients (32 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    325 degrees awarded

  2. Black or African American Female

    187 degrees awarded

  3. White Male

    178 degrees awarded

The most common race/ethnicity and gender grouping at University of Mount Olive is white female (325 degrees awarded). There were 1.74 times more white female recipients than the next closest race/ethnicity group, black or african american female (187 degrees).

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Operations

University of Mount Olive has an endowment valued at nearly $31.3M, as of the end of the 2015 fiscal year. The return on its endowment was of $-107k (-0.342%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, University of Mount Olive had a total expenditure of $38M. Of that $38M, they spent $16.5M on salaries and $38M on benefits.

University of Mount Olive employs 42 Assistant professors, 22 Associate professors, and 16 Professors. Most academics at University of Mount Olive are Male Assistant professors (22), Female Assistant professors(20), and Male Associate professors (18).

The most common positions for non-instructional staff at University of Mount Olive are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 66 employees, Management, with 48 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 32 employees.

Finances

Endowment

$31.3M

2015 Endowment

0.26%

growth from 2014

University of Mount Olive has an endowment valued at about $31.3M, as of the end of the 2015 fiscal year. The endowment of University of Mount Olive grew 0.26% from the previous year. The value of their endowment was $2.34M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at University of Mount Olive (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: Diverse Fields Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $334k - Federal

  2. $252k - State

  3. $16.5k - Local

As of 2015, University of Mount Olive received $334k in grants and contracts from the federal government, $252k from state grants and contracts, and $16.5k 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.

$16.5M

Salary Expenditure

$38M

Benefits Expenditure

In 2015, University of Mount Olive had a total expenditure of $38M. Of that $38M, they spent $16.5M on salaries and $38M on benefits.

The bar chart shows the share of the primary expenses at University of Mount Olive 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 University of Mount Olive as a share of total expenditure.

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Salary Expenditure

$16.5M

2015 Salaries

11.1%

growth from 2014

In 2015, University of Mount Olive paid a median of $16.5M in salaries, which represents 43.4% of their overall expenditure ($38M) and a 11.1% growth from the previous year. This is compared to a 2.05% decline from 2013 and a 1.72% growth from 2012.

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

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Instructional Salaries

$5.42M

Instructional Salaries

92

Number of Employees

In 2015, University of Mount Olive paid a total of $5.42M to 92 employees working as instructors, which represents 32.8% 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

42 Employees

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

Most Common Non-Instructional Employee

66 Employees

In 2016, the most common positions for instructional staff at University of Mount Olive were Assistant professor with 42 employees; Associate professor with 22 employees; and Associate professor with 16 employees.

In 2016, the most common positions for non-instructional staff at University of Mount Olive were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 66 employees; Management with 48 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 32 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Assistant professor

  2. Female Assistant professor

  3. Male Associate professor

In 2016, the most common demographic for instructional staff at University of Mount Olive was Male Assistant professor with 22 employees, Female Assistant professor with 20 employees, and Male Associate professor with 18 employees.

This chart shows the gender split between each academic rank present at University of Mount Olive.

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