University of Mount Olive

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2019 Undergraduate Tuition
$21,194
2.88% growth from 2018
2019 Average Net Price
$16,670
After Financial Aid
2017 Student Loan
6.63%
Default Rate
2019 Acceptance Rate
58.5%
2,158 Applicants
2019 Enrolled Students
2,805
54.7% Full-Time
2018 Graduation Rate
45.5%
107 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 (92 degrees awarded), Criminal Justice - Safety Studies (64 degrees), and Early Childhood Education & Teaching (57 degrees).

In 2019, 886 degrees were awarded across all undergraduate and graduate programs at University of Mount Olive. 65.5% of these degrees were awarded to women, and 34.5% awarded men. The most common race/ethnicity group of degree recipients was white (488 degrees), 2.22 times more than then the next closest race/ethnicity group, black or african american (220 degrees).

The median undergraduate tuition at University of Mount Olive is $21,194, which is $−6,086 less than the national average for Baccalaureate Colleges ($27,280).

Costs

The median undergraduate tuition at University of Mount Olive is $21,194, which is $−6,086 less than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $16,670.

In 2019, 77% of undergraduate students received federal grants, while 67% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$21,194
2019 Undergraduate Tuition

In 2019, the cost of tuition at University of Mount Olive was $21,194. The cost of tuition at University of Mount Olive is $−6,086 less than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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

$16,670
2019 Value
1.57%
1 Year Growth

In 2019 University of Mount Olive had an average net price — the price paid after factoring in grants and loans — of $16,670. Between 2018 and 2019, the average net price of University of Mount Olive grew by 1.57%.

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

$7,275
Room and Board
$1,350
Books and Supplies

The average yearly cost of room and board at University of Mount Olive was of $7,275 in 2019. During the same period, the average yearly cost of books and supplies was $1,350. The cost of room and board increased by 2.83% 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

77%
Of Undergraduates Receive Grants
67%
Of Undergraduates Receive Federal Loans

77% of undergraduate students at University of Mount Olive received grants or loans in 2019. This represents a growth of 0% with respect to 2018, when 77% 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.
6.63%
2017 Default Rate
79
Number of Defaults

In 2017 the default rate for borrower's at University of Mount Olive was 6.63%, which represents 79 out of the 1192 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 2,158 undergraduate applications in 2019, which represents a 2.57% annual decline. Out of those 2,158 applicants, 1,262 students were accepted for enrollment, representing a 58.5% acceptance rate.

There were 2,805 students enrolled at University of Mount Olive in 2019, and 45% of first-time enrollees submitted SAT scores with their applications.

University of Mount Olive has an overall enrollment yield of 24.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

58.5%
Acceptance Rate in 2019
1,262
Accepted Out of 2,158

In 2019, the undergraduate acceptance rate of University of Mount Olive was 58.5% (1,262 admissions from 2,158 applications). This is higher than the acceptance rate of 2018, which was 53%. Between 2018 and 2019, the number of applicants declined by −2.57%, while admissions grew by 7.59%.

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

45%
Submission Percentage
138
Scores Submitted

45% of enrolled first-time students at University of Mount Olive 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

University of Mount Olive has a total enrollment of 2,805 students. The full-time enrollment at University of Mount Olive is 1,533 students and the part-time enrollment is 1,272. This means that 54.7% 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 53.8% White, 28% Black or African American, 7.06% Hispanic or Latino, 3.57% Two or More Races, 0.927% Asian, 0.392% American Indian or Alaska Native, and 0.107% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Mount Olive in full-time Undergraduate programs are most commonly White Female (36.4%), followed by White Male (20.5%) and Black or African American Female (11.6%). Students enrolled in full-time Graduate programs are most commonly White Female (43.6%), followed by White Male (23.1%) and Black or African American Female (20.5%).

Full-Time vs Part-Time Enrollment

54.7%
Full-Time Enrollment

The total enrollment at University of Mount Olive, both undergraduate and graduate, is 2,805 students. The full-time enrollment at University of Mount Olive is 1,533 and the part-time enrollment is 1,272. This means that 54.7% of students enrolled at University of Mount Olive are enrolled full-time compared with 81.1% 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

62%
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 University of Mount Olive was 62%. Compared with the full-time retention rate at similar Baccalaureate Colleges (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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,510
  2. Black or African American
    785
  3. Hispanic or Latino
    198

The enrolled student population at University of Mount Olive is 53.8% White, 28% Black or African American, 7.06% Hispanic or Latino, 3.57% Two or More Races, 0.927% Asian, 0.392% American Indian or Alaska Native, and 0.107% 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% 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, 81 students (2.89%) did not report their race.

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Graduates

In 2019, 274 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 (488 degrees awarded). There were 2.22 times more white graduates than the next closest race/ethnicity group, black or african american (220 degrees).

The most common Bachelor's Degree concentration at University of Mount Olive is General Business Administration & Management (92 degrees awarded), followed by Criminal Justice - Safety Studies (64 degrees) and Early Childhood Education & Teaching (57 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 Agriculture (44 degrees awarded), Parks, Recreation, & Leisure (36 degrees), and Protective Services (64 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 (1,598,979 people), Accountants & auditors (1,008,129 people), Other managers (796,094 people), Secondary school teachers (564,946 people), and Financial managers (510,781 people).

The most specialized majors at University of Mount Olive are Agriculture (44 degrees awarded), Parks, Recreation, & Leisure (36 degrees), Protective Services (64 degrees), Education (111 degrees), and Business (272 degrees).

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Highest Paying Jobs by Major

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 Surgeons, Magnetic resonance imaging technologists, Physicians, Actuaries, and Cardiovascular technologists and technicians

The most specialized majors at University of Mount Olive are Agriculture (44 degrees awarded), Parks, Recreation, & Leisure (36 degrees), Protective Services (64 degrees), Education (111 degrees), and Business (272 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 (3,141,419 people), Colleges, universities & professional schools, including junior colleges (563,021 people), Justice, public order, & safety activities (521,547 people), Banking & related activities (517,561 people), and Computer Systems Design (501,918 people).

The most specialized majors at University of Mount Olive are Agriculture (44 degrees awarded), Parks, Recreation, & Leisure (36 degrees), Protective Services (64 degrees), Education (111 degrees), and Business (272 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.
Most Common
  1. 92 degree-majorss awarded
  2. 64 degree-majorss awarded
  3. 57 degree-majorss awarded

In 2019, the most common bachelors degree concentration at University of Mount Olive was General Business Administration & Management with 92 degrees awarded.

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

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Gender Breakdown for Common Majors

306
Degrees Awarded to Men
in 2019
580
Degrees Awarded to Women
in 2019

In 2019, 306 degrees were awarded to men at University of Mount Olive, which is 0.528 times less than the number of degrees awarded to females (580).

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 2019, 93 degrees were awarded to men at University of Mount Olive in General Business Administration & Management, which is 1.03 times more than the 90 female recipients with that same degree.

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Most Common Female Majors

In 2019, 90 degrees were awarded to women at University of Mount Olive in General Business Administration & Management, which is 0.968 times less than the 93 male recipients with that same degree.

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Time to Complete

34%
100% Completion Time
43%
150% Completion Time

In 2019, 34% 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 43% 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.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at University of Mount Olive is Male and Asian (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, 18.7% of graduates (20 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    488 degrees awarded
  2. Black or African American
    220 degrees awarded
  3. Unknown
    60 degrees awarded

The most common race/ethnicity at University of Mount Olive is white (488 degrees awarded). There were 2.22 times more white recipients than the next closest race/ethnicity group, black or african american (220 degrees).

6.77% of degree recipients (60 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    311 degrees awarded
  2. White Male
    177 degrees awarded
  3. Black or African American Female
    169 degrees awarded

The most common race/ethnicity and gender grouping at University of Mount Olive is white female (311 degrees awarded). There were 1.76 times more white female recipients than the next closest race/ethnicity group, white male (177 degrees).

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Operations

University of Mount Olive has an endowment valued at nearly $36.2M, as of the end of the 2019 fiscal year. The return on its endowment was of $2.76M (7.61%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, University of Mount Olive had a total salary expenditure of $44.4M. University of Mount Olive employs 35 Assistant professors, 26 Associate professors, and 20 Professors. Most academics at University of Mount Olive are Female Assistant professors (19), Male Associate professors(17), and Male Assistant professors (16).

The most common positions for non-instructional staff at University of Mount Olive are: Management, with 52 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 45 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 39 employees.

Finances

Endowment

$36.2M
2019 Endowment
6.54%
growth from 2018

University of Mount Olive has an endowment valued at about $36.2M, as of the end of the 2019 fiscal year. The endowment of University of Mount Olive grew 6.54% from the previous year. The value of their endowment was $4.51M 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. $511k - Federal
  2. $867k - State
  3. $0 - Local

As of 2019, University of Mount Olive received $511k in grants and contracts from the federal government, $867k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$18.1M
2019 Salaries
0.491%
growth from 2018

In 2019, University of Mount Olive paid a median of $18.1M in salaries, which represents 40.8% of their overall expenditure ($44.4M) and a 0.491% growth from the previous year. This is compared to a 4.07% growth from 2017 and a 1.79% growth from 2016.

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

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Instructional Salaries

$5.8M
Instructional Salaries
86
Number of Employees

In 2019, University of Mount Olive paid a total of $5.8M to 86 employees working as instructors, which represents 32% 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

Assistant professor
Most Common Instructor
35 Employees
Management
Most Common Non-Instructional Employee
52 Employees

In 2019, the most common positions for instructional staff at University of Mount Olive were Assistant professor with 35 employees; Associate professor with 26 employees; and Associate professor with 20 employees.

In 2019, the most common positions for non-instructional staff at University of Mount Olive were Management with 52 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 45 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 39 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at University of Mount Olive was Female Assistant professor with 19 employees, Male Associate professor with 17 employees, and Male Assistant professor with 16 employees.

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

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