University of Mount Olive

https://umo.edu

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2024 Undergraduate Tuition

$26,216

5.5% growth from 2023

2024 Average Net Price

$18,853

After Financial Aid

2024 Acceptance Rate

75.8%

1,926 Applicants

2024 Enrolled Students

2,109

65.2% Full-Time

2024 Graduation Rate

48.4%

120 Graduates

About

University of Mount Olive is a higher education institution located in Wayne County, NC. In 2024, the most popular Bachelors Degree concentrations at University of Mount Olive were General Business Administration & Management (53 degrees awarded), Early Childhood Education & Teaching (36 degrees), and General Human Services (21 degrees).

In 2024, 555 degrees were awarded across all undergraduate and graduate programs at University of Mount Olive. 69.7% of these degrees were awarded to women, and 30.3% awarded men. The most common race/ethnicity group of degree recipients was white (330 degrees), 2.87 times more than then the next closest race/ethnicity group, black or african american (115 degrees).

The median undergraduate tuition at University of Mount Olive is $26,216, which is $2,216 more than the national average for Masters Colleges and Universities ($24,000).

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at University of Mount Olive is $26,216, which is $2,216 more than the national average for Masters Colleges and Universities ($24,000).

After taking grants and loans into account, the average net price for students is $18,853.

In 2024, 81% of undergraduate students attending University of Mount Olive received financial aid through grants. Comparatively, 69% of undergraduate students received financial aid through loans.

Tuition Costs

$26,216

2024 Undergraduate Tuition

In 2024, the cost of tuition at University of Mount Olive was $26,216. The cost of tuition at University of Mount Olive is $2,216 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$18,853

2024 Value

5.37%

1 Year Growth

In 2024 University of Mount Olive had an average net price — the price paid after factoring in grants and loans — of $18,853. Between 2023 and 2024, the average net price of University of Mount Olive grew by 5.37%.

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.

Other Student Expenses

$8,606

Room and Board

$1,350

Books and Supplies

The average yearly cost of room and board at University of Mount Olive was of $8,606 in 2024. The cost of room and board increased by 7.69% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,350. 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.

Financial Aid by Income Level

81%

Undergraduates Receiving Financial Aid through Grants

69%

Undergraduates Receiving Financial Aid through Loans

81% of undergraduate students at University of Mount Olive received financial aid through grants or loans in 2024. This represents a decline of 2.41% with respect to 2023, when 83% 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.

Admissions

University of Mount Olive received 1,926 undergraduate applications in 2024, which represents a 10.2% annual growth. Out of those 1,926 applicants, 1,459 students were accepted for enrollment, representing a 75.8% acceptance rate.

There were 2,109 students enrolled at University of Mount Olive in 2024. 14% of first-time enrollees submitted SAT scores with their applications.

University of Mount Olive has an overall enrollment yield of 19.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75.8%

Acceptance Rate in 2024

1,459

Accepted Out of 1,926

In 2024, the undergraduate acceptance rate of University of Mount Olive was 75.8% (1,459 admissions from 1,926 applications). This is lower than the acceptance rate of 2023, which was 77.7%. Between 2023 and 2024, the number of applicants grew by 10.2%, while admissions grew by 7.36%.

This chart compares the acceptance rate of University of Mount Olive (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

14%

Submission Percentage (2021)

Scores Submitted (2021)

14% of enrolled first-time students at University of Mount Olive in 2021 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

University of Mount Olive had a total enrollment of 2,109 students in 2024. The full-time enrollment at University of Mount Olive is 1,376 students and the part-time enrollment is 733. This means that 65.2% 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, 27.2% Black or African American, 9.72% Hispanic or Latino, 4.84% Two or More Races, 0.759% American Indian or Alaska Native, 0.569% Asian, and 0.0474% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Mount Olive in full-time Undergraduate programs are most commonly White Female (34.6%), followed by White Male (19.4%) and Black or African American Female (12.3%). Students enrolled in full-time Graduate programs are most commonly White Female (45.4%), followed by Black or African American Female (22%) and White Male (14.2%).

Full-Time vs Part-Time Enrollment

65.2%

Full-Time Enrollment

The total enrollment at University of Mount Olive in 2024, both undergraduate and graduate, is 2,109 students. The full-time enrollment at University of Mount Olive is 1,376 and the part-time enrollment is 733. This means that 65.2% of students enrolled at University of Mount Olive are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

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

Retention Rate over Time

72%

2024 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 72%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,075 enrolled students
Black or African American
573 enrolled students
Hispanic or Latino
205 enrolled students

The enrolled student population at University of Mount Olive is 51% White, 27.2% Black or African American, 9.72% Hispanic or Latino, 4.84% Two or More Races, 0.759% American Indian or Alaska Native, 0.569% Asian, and 0.0474% 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 Masters Colleges and Universities is 47.4% White, 18.8% Hispanic or Latino, and 13.6% Black or African American.

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, 17 students (0.806%) did not report their race.

Graduates

In 2024, 219 more women than men received degrees from University of Mount Olive. The most common race/ethnicity group of degree recipients at University of Mount Olive is white (330 degrees awarded). There were 2.87 times more white recipients than the next closest race/ethnicity group, black or african american (115 degrees).

The most common Bachelor's Degree concentration at University of Mount Olive is General Business Administration & Management (53 degrees awarded), followed by Early Childhood Education & Teaching (36 degrees) and General Human Services (21 degrees).

In 2024, 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 Agriculture (52 degrees awarded), Parks, Recreation, & Leisure (38 degrees), and Psychology (67 degrees).

Common Jobs by Major

Social workers, all other

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of Mount Olive are Social workers, all other (242,526 people), Other managers (189,292 people), Elementary & middle school teachers (179,690 people), Postsecondary teachers (104,893 people), and Lawyers, & judges, magistrates, & other judicial workers (103,220 people).

The most specialized majors at University of Mount Olive in 2024 are Agriculture (52 degrees awarded), Parks, Recreation, & Leisure (38 degrees), Psychology (67 degrees), Philosophy and Religious Studies (5 degrees), and Public Administration and Social Service (21 degrees) (as of 2024).

Highest Paying Jobs by Major

Magnetic resonance imaging technologists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Mount Olive are Magnetic resonance imaging technologists, Surgeons, Cardiovascular technologists and technicians, Economists, and Securities, commodities, & financial services sales agents

The most specialized majors at University of Mount Olive are Agriculture (52 degrees awarded), Parks, Recreation, & Leisure (38 degrees), Psychology (67 degrees), Philosophy and Religious Studies (5 degrees), and Public Administration and Social Service (21 degrees) (as of 2024).

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 University of Mount Olive are Elementary & secondary schools (572,739 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (324,398 people), Colleges, universities & professional schools, including junior colleges (299,376 people), Outpatient care centers (269,789 people), and Individual & family services (232,173 people).

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.

Most Common (2024)

Liberal Arts & Sciences
50 degrees awarded
General Agriculture
4 degrees awarded

In 2024, the most common associates degree concentration at University of Mount Olive was Liberal Arts & Sciences with 50 degrees awarded.

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

Sex Breakdown for Common Majors

168

Degrees Awarded to Men

in 2024

387

Degrees Awarded to Women

in 2024

In 2024, 168 degrees were awarded to men at University of Mount Olive, which is 0.434 times less than the number of degrees awarded to females (387).

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

Most Common Male Majors

In 2024, 37 degrees were awarded to men at University of Mount Olive in General Business Administration & Management, which is 0.725 times less than the 51 female recipients with that same degree.

Most Common Female Majors

In 2024, 51 degrees were awarded to men at University of Mount Olive in General Business Administration & Management, which is 1.38 times more than the 37 male recipients with that same degree.

Time to Complete

39%

100% Completion Time

49%

150% Completion Time

In 2024, 39% 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, 49% completed their degrees within 150% of the normal time, and 49% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
330 degrees awarded
Black or African American
115 degrees awarded
Hispanic or Latino
60 degrees awarded

The most common race/ethnicity at University of Mount Olive is white (330 degrees awarded). There were 2.87 times more white recipients than the next closest race/ethnicity group, black or african american (115 degrees).

0.721% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
392 degrees awarded
White Female
366 degrees awarded
White Female
342 degrees awarded

The most common race/ethnicity and sex grouping at University of Mount Olive is white female (392 degrees awarded). There were 1.07 times more white female recipients than the next closest race/ethnicity group, white female (366 degrees).

Operations

University of Mount Olive has an endowment valued at nearly $50.9M, as of the end of the 2024 fiscal year. The return on its endowment was of 9.8M (19.3%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, University of Mount Olive had a total salary expenditure of 35.8M. University of Mount Olive employs 18 Assistant professors, 16 Associate professors and 13 Professors. Most academics at University of Mount Olive are Female Associate professor (10), Female Assistant professor (10), and Male Professor (8).

The most common positions for non-instructional staff at University of Mount Olive are: Management, with 34 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 31 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 31 employees.

Endowment

$50.9M

2024 Endowment

18.3%

growth from 2023

University of Mount Olive has an endowment valued at about $50.9M, as of the end of the 2024 fiscal year. The endowment of University of Mount Olive grew 18.3% from the previous year. The value of their endowment was $5.01M higher than than the median endowment of Masters Colleges and Universities 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 Masters Colleges & Universities: Small Programs Carnegie Classification grouping.

Salary Expenditure

$14.2M

2024 Salaries

2.32%

decline from 2023

In 2024, University of Mount Olive paid a median of $14.2M in salaries, which represents 39.8% of their overall expenditure ($35.8M) and a 2.32% decline from the previous year. This is compared to a 5.04% decline between 2022 and 2023, and a 1.27% decline between 2021 and 2022.

Instructional Salaries

$3.72M

Instructional Salaries

Number of Employees

In 2024, University of Mount Olive paid a total of $3.72M to 52 employees working as instructors, which represents 26.1% of all salaries paid.

This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at University of Mount Olive were Management with 34 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 31 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 31 employees.

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