Albion College

www.albion.edu/

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2021 Undergraduate Tuition

$52,570

4.99% growth from 2020

2021 Average Net Price

$19,772

After Financial Aid

2019 Student Loan

1.98%

Default Rate

2021 Acceptance Rate

69.3%

6,591 Applicants

2021 Enrolled Students

1,523

98.5% Full-Time

2021 Graduation Rate

64.4%

293 Graduates

About

Albion College is a higher education institution located in Calhoun County, MI. In 2021, the most popular Bachelors Degree concentrations at Albion College were General Biological Sciences (45 degrees awarded), General Economics (34 degrees), and General Communication (31 degrees).

In 2021, 376 degrees were awarded across all undergraduate and graduate programs at Albion College. 56.1% of these degrees were awarded to women, and 43.9% awarded men. The most common race/ethnicity group of degree recipients was white (238 degrees), 5.29 times more than then the next closest race/ethnicity group, black or african american (45 degrees).

The median undergraduate tuition at Albion College is $52,570, which is $24,065 more than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Albion College is $52,570, which is $24,065 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $19,772.

In 2021, 99% of undergraduate students attending Albion College received financial aid through grants. Comparatively, 66% of undergraduate students received financial aid through loans.

Tuition Costs

$52,570

2021 Undergraduate Tuition

In 2021, the cost of tuition at Albion College was $52,570. The cost of tuition at Albion College is $24,065 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$19,772

2021 Value

1.1%

1 Year Growth

In 2021 Albion College had an average net price — the price paid after factoring in grants and loans — of $19,772. Between 2020 and 2021, the average net price of Albion College grew by 1.1%.

This chart compares the average net price of Albion 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.

Other Student Expenses

$12,380

Room and Board

$700

Books and Supplies

The average yearly cost of room and board at Albion College was of $12,380 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $700. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Albion College (in red) with that of similar universities.

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

66%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Albion College received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Albion 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.

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.

1.98%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Albion College was 1.98%, which represents 8 out of the 405 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.

Admissions

Albion College received 6,591 undergraduate applications in 2021, which represents a 40.3% annual growth. Out of those 6,591 applicants, 4,566 students were accepted for enrollment, representing a 69.3% acceptance rate.

There were 1,523 students enrolled at Albion College in 2021. 75% of first-time enrollees submitted SAT scores with their applications.

Albion College has an overall enrollment yield of 10.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

69.3%

Acceptance Rate in 2021

4,566

Accepted Out of 6,591

In 2021, the undergraduate acceptance rate of Albion College was 69.3% (4,566 admissions from 6,591 applications). This is lower than the acceptance rate of 2020, which was 74.4%. Between 2020 and 2021, the number of applicants grew by 40.3%, while admissions grew by 30.5%..

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

SAT Scores

75%

Submission Percentage (2020)

357

Scores Submitted (2020)

75% of enrolled first-time students at Albion 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.

Enrollment

Albion College had a total enrollment of 1,523 students in 2021. The full-time enrollment at Albion College is 1,500 students and the part-time enrollment is 23. This means that 98.5% of students enrolled at Albion College are enrolled full-time.

The enrolled student population at Albion College, both undergraduate and graduate, is 54.8% White, 16.5% Black or African American, 12.1% Hispanic or Latino, 3.15% Two or More Races, 1.64% Asian, and 0.197% American Indian or Alaska Native.

Students enrolled at Albion College in full-time Undergraduate programs are most commonly White Female (29.6%), followed by White Male (25.5%) and Black or African American Female (9.07%).

Full-Time vs Part-Time Enrollment

98.5%

Full-Time Enrollment

The total enrollment at Albion College in 2021, both undergraduate and graduate, is 1,523 students. The full-time enrollment at Albion College is 1,500 and the part-time enrollment is 23. This means that 98.5% of students enrolled at Albion College are enrolled full-time compared with 79.9% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Albion College (in red) compares to similar universities.

Retention Rate over Time

74%

2021 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 Albion College was 74%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Albion College had a retention rate higher than its peers.

This chart shows the retention rate over time at Albion College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
834 enrolled students
Black or African American
252 enrolled students
Hispanic or Latino
185 enrolled students

The enrolled student population at Albion College is 54.8% White, 16.5% Black or African American, 12.1% Hispanic or Latino, 3.15% Two or More Races, 1.64% Asian, and 0.197% 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, 13.5% 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, 143 students (9.39%) did not report their race.

Graduates

In 2021, 46 more women than men received degrees from Albion College. The most common race/ethnicity group of degree recipients at Albion College is white (238 degrees awarded). There were 5.29 times more white recipients than the next closest race/ethnicity group, black or african american (45 degrees).

The most common Bachelor's Degree concentration at Albion College is General Biological Sciences (45 degrees awarded), followed by General Economics (34 degrees) and General Communication (31 degrees).

In 2021, the most specialized majors across all degree types at Albion College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are PHILOSOPHY AND RELIGIOUS STUDIES. (10 degrees awarded), History (13 degrees), and English (21 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Albion College are Lawyers, & judges, magistrates, & other judicial workers (496,798 people), Other managers (348,876 people), Elementary & middle school teachers (284,634 people), Postsecondary teachers (276,192 people), and Secondary school teachers (162,521 people).

The most specialized majors at Albion College in 2021 are PHILOSOPHY AND RELIGIOUS STUDIES. (10 degrees awarded), History (13 degrees), English (21 degrees), Physical Sciences (19 degrees), and Social Sciences (70 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Albion College are Surgeons, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Cardiovascular technologists and technicians, and Physicians

The most specialized majors at Albion College are PHILOSOPHY AND RELIGIOUS STUDIES. (10 degrees awarded), History (13 degrees), English (21 degrees), Physical Sciences (19 degrees), and Social Sciences (70 degrees) (as of 2021).

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 Albion College are Elementary & secondary schools (649,306 people), Colleges, universities & professional schools, including junior colleges (555,467 people), Legal services (394,100 people), Computer Systems Design (274,316 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (237,426 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Albion College.

Most Common (2021)

General Biological Sciences
45 degree-majors awarded
General Economics
34 degree-majors awarded
General Communication
31 degree-majors awarded

In 2021, the most common bachelors degree concentration at Albion College was General Biological Sciences with 45 degrees awarded.

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

Sex Breakdown for Common Majors

165

Degrees Awarded to Men

in 2021

211

Degrees Awarded to Women

in 2021

In 2021, 165 degrees were awarded to men at Albion College, which is 0.782 times less than the number of degrees awarded to females (211).

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

Most Common Male Majors

In 2021, 25 degrees were awarded to men at Albion College in General Economics, which is 2.78 times more than the 9 female recipients with that same degree.

Most Common Female Majors

In 2021, 29 degrees were awarded to men at Albion College in General Biological Sciences, which is 1.81 times more than the 16 male recipients with that same degree.

Time to Complete

61%

100% Completion Time

70%

150% Completion Time

In 2021, 61% of students graduating from Albion College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 71% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Albion College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 2.73% of graduates (8 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
238 degrees awarded
Black or African American
45 degrees awarded
Hispanic or Latino
40 degrees awarded

The most common race/ethnicity at Albion College is white (238 degrees awarded). There were 5.29 times more white recipients than the next closest race/ethnicity group, black or african american (45 degrees).

5.32% of degree recipients (20 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
141 degrees awarded
White Male
97 degrees awarded
Black or African American Male
29 degrees awarded

The most common race/ethnicity and sex grouping at Albion College is white female (141 degrees awarded). There were 1.45 times more white female recipients than the next closest race/ethnicity group, white male (97 degrees).

Operations

Albion College has an endowment valued at nearly $199M, as of the end of the 2021 fiscal year. The return on its endowment was of 42M (21.1%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Albion College had a total salary expenditure of 66.5M. Albion College employs 46 Assistant professors, 42 Professors and 26 Associate professors. Most academics at Albion College are Female Assistant professor (27), Male Professor (24), and Male Assistant professor (19).

The most common positions for non-instructional staff at Albion College are: Management, with 61 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 56 employees, and Office and Administrative Support with 28 employees.

Endowment

$199M

2021 Endowment

22.7%

growth from 2020

Albion College has an endowment valued at about $199M, as of the end of the 2021 fiscal year. The endowment of Albion College grew 22.7% from the previous year. The value of their endowment was $147M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Albion 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.

Salary Expenditure

$27.6M

2021 Salaries

13.5%

growth from 2020

In 2021, Albion College paid a median of $27.6M in salaries, which represents 41.5% of their overall expenditure ($66.5M) and a 13.5% growth from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Instructional Salaries

$8.16M

Instructional Salaries

124

Number of Employees

In 2021, Albion College paid a total of $8.16M to 124 employees working as instructors, which represents 29.6% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

46 Employees

Management

Most Common Non-Instructional Employee

61 Employees

In 2021, the most common positions for instructional staff at Albion College were Assistant professor with 46 employees, Professor with 42 employees, and Associate professor with 26 employees.

In 2021, the most common positions for non-instructional staff at Albion College were Management with 61 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 56 employees, and Office and Administrative Support with 28 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Assistant professor
Male Professor
Male Assistant professor

In 2021, the most common demographic for instructional staff at Albion College was Female Assistant professor with 27 employees, Male Professor with 24 employees, and Male Assistant professor with 19 employees.

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