Albion College

www.albion.edu/

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2020 Undergraduate Tuition

$50,070

5.26% growth from 2019

2020 Average Net Price

$19,557

After Financial Aid

2018 Student Loan

5.79%

Default Rate

2020 Acceptance Rate

74.4%

4,699 Applicants

2020 Enrolled Students

1,506

99.1% Full-Time

2020 Graduation Rate

67.7%

241 Graduates

About

Albion College is a higher education institution located in Calhoun County, MI. In 2020, the most popular Bachelor's Degree concentrations at Albion College were Other Research & Experimental Psychology (35 degrees awarded), General Biological Sciences (34 degrees), and General Communication (26 degrees).

In 2020, 346 degrees were awarded across all undergraduate and graduate programs at Albion College. 56.4% of these degrees were awarded to women, and 43.6% awarded men. The most common race/ethnicity group of degree recipients was white (245 degrees), 8.45 times more than then the next closest race/ethnicity group, black or african american (29 degrees).

The median undergraduate tuition at Albion College is $50,070, which is $21,670 more than the national average for Baccalaureate Colleges ($28,400).

Costs

The median undergraduate tuition at Albion College is $50,070, which is $21,670 more than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $19,557.

In 2020, 99% of undergraduate students attending Albion College received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$50,070

2020 Undergraduate Tuition

In 2020, the cost of tuition at Albion College was $50,070. The cost of tuition at Albion College is $21,670 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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

Average Net Price

$19,557

2020 Value

5.53%

1 Year Growth

In 2020 Albion College had an average net price — the price paid after factoring in grants and loans — of $19,557. Between 2019 and 2020, the average net price of Albion College grew by 5.53%.

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 2020. During the same period, the average yearly cost of books and supplies was $700. The cost of room and board did not change between 2019 and 2020. 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

67%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Albion College received financial aid through grants or loans in 2020. This represents a growth of 0% with respect to 2019, 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.

5.79%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Albion College was 5.79%, which represents 19 out of the 328 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 4,699 undergraduate applications in 2020, which represents a 16.2% annual growth. Out of those 4,699 applicants, 3,498 students were accepted for enrollment, representing a 74.4% acceptance rate.

There were 1,506 students enrolled at Albion College in 2020, and 75% of first-time enrollees submitted SAT scores with their applications.

Albion College has an overall enrollment yield of 13.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.4%

Acceptance Rate in 2020

3,498

Accepted Out of 4,699

In 2020, the undergraduate acceptance rate of Albion College was 74.4% (3,498 admissions from 4,699 applications). This is higher than the acceptance rate of 2019, which was 68.8%. Between 2019 and 2020, the number of applicants grew by 16.2%, while admissions grew by 25.8%.

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

SAT Scores

75%

Submission Percentage

357

Scores Submitted

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 has a total enrollment of 1,506 students. The full-time enrollment at Albion College is 1,492 students and the part-time enrollment is 14. This means that 99.1% 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, 17.5% Black or African American, 13.5% Hispanic or Latino, 3.72% Two or More Races, 1.66% Asian, 0.133% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Albion College in full-time Undergraduate programs are most commonly White Female (30.2%), followed by White Male (24.9%) and Black or African American Male (9.72%). 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

99.1%

Full-Time Enrollment

The total enrollment at Albion College, both undergraduate and graduate, is 1,506 students. The full-time enrollment at Albion College is 1,492 and the part-time enrollment is 14. This means that 99.1% of students enrolled at Albion College are enrolled full-time compared with 80.1% 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

73%

2020 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 73%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Albion College had a retention rate approximately the same as 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

White
826
Black or African American
264
Hispanic or Latino
203

The enrolled student population at Albion College is 54.8% White, 17.5% Black or African American, 13.5% Hispanic or Latino, 3.72% Two or More Races, 1.66% Asian, 0.133% American Indian or Alaska Native, and 0% 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 54.8% White, 13.8% 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, 108 students (7.17%) did not report their race.

Graduates

In 2020, 44 more women than men received degrees from Albion College. The most common race/ethnicity group of degree recipients at Albion College is white (245 degrees awarded). There were 8.45 times more white graduates than the next closest race/ethnicity group, black or african american (29 degrees).

The most common Bachelor's Degree concentration at Albion College is Other Research & Experimental Psychology (35 degrees awarded), followed by General Biological Sciences (34 degrees) and General Communication (26 degrees).

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 (9 degrees awarded), Physical Sciences (17 degrees), and Language & Linguistics (11 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 (347,677 people), Other managers (267,111 people), Postsecondary teachers (207,189 people), Elementary & middle school teachers (176,149 people), and Chief executives & legislators (121,779 people).

The most specialized majors at Albion College are Philosophy and Religious Studies (9 degrees awarded), Physical Sciences (17 degrees), Language & Linguistics (11 degrees), Cultural & Gender Studies (5 degrees), and Social Sciences (63 degrees).

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, Securities, commodities, & financial services sales agents, Physicians, Aerospace engineers, and Derrick, rotary drill, & service unit operators, & roustabouts, oil, gas, & mining

Common Industries by Major

Colleges, universities & professional schools, including junior colleges

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 Colleges, universities & professional schools, including junior colleges (407,293 people), Elementary & secondary schools (382,069 people), Legal services (275,179 people), Computer Systems Design (199,668 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (195,282 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

Other Research & Experimental Psychology
35 degree-majorss awarded
General Biological Sciences
34 degree-majorss awarded
General Communication
26 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Albion College was Other Research & Experimental Psychology with 35 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

151

Degrees Awarded to Men

in 2020

195

Degrees Awarded to Women

in 2020

In 2020, 151 degrees were awarded to men at Albion College, which is 0.774 times less than the number of degrees awarded to females (195).

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

Most Common Male Majors

In 2020, 20 degrees were awarded to men at Albion College in General Economics, which is 3.33 times more than the 6 female recipients with that same degree.

Most Common Female Majors

In 2020, 29 degrees were awarded to women at Albion College in Other Research & Experimental Psychology, which is 4.83 times more than the 6 male recipients with that same degree.

Time to Complete

53%

100% Completion Time

64%

150% Completion Time

In 2020, 53% of students graduating from Albion College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 64% completed their degrees within 150% of the normal time, and 64% 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 Female

Highest Graduation Rate (85.7%)

The student demographic with the highest graduation rate at Albion College is Female and Asian (85.7% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.4%).

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, 6.22% of graduates (15 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
245 degrees awarded
Black or African American
29 degrees awarded
Hispanic or Latino
25 degrees awarded

The most common race/ethnicity at Albion College is white (245 degrees awarded). There were 8.45 times more white recipients than the next closest race/ethnicity group, black or african american (29 degrees).

5.49% of degree recipients (19 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
135 degrees awarded
White Male
110 degrees awarded
Hispanic or Latino Female
21 degrees awarded

The most common race/ethnicity and sex grouping at Albion College is white female (135 degrees awarded). There were 1.23 times more white female recipients than the next closest race/ethnicity group, white male (110 degrees).

Operations

Albion College has an endowment valued at nearly $162M, as of the end of the 2020 fiscal year. The return on its endowment was of $−NaNM (−1.37%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Albion College had a total salary expenditure of $64.4M. Albion College employs 50 Professors, 44 Assistant professors, and 24 Associate professors. Most academics at Albion College are Male Professors (29), Female Assistant professors(25), and Female Professors (21).

The most common positions for non-instructional staff at Albion College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 62 employees, Management, with 54 employees, and Office and Administrative Support with 40 employees.

Endowment

$162M

2020 Endowment

4.52%

decline from 2019

Albion College has an endowment valued at about $162M, as of the end of the 2020 fiscal year. The endowment of Albion College declined 4.52% from the previous year. The value of their endowment was $123M 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.

Government Grants and Contracts

Grants & Contracts

$392k - Federal
$43.5k - State
$0 - Local

As of 2020, Albion College received $392k in grants and contracts from the federal government, $43.5k from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$24.3M

2020 Salaries

3.5%

growth from 2019

In 2020, Albion College paid a median of $24.3M in salaries, which represents 37.7% of their overall expenditure ($64.4M) and a 3.5% growth from the previous year. This is compared to a 0.709% decline from 2018 and a 4.88% growth from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

Instructional Salaries

$8.03M

Instructional Salaries

123

Number of Employees

In 2020, Albion College paid a total of $8.03M to 123 employees working as instructors, which represents 33% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

50 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

62 Employees

In 2020, the most common positions for instructional staff at Albion College were Professor with 50 employees; Assistant professor with 44 employees; and Assistant professor with 24 employees.

In 2020, the most common positions for non-instructional staff at Albion College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 62 employees; Management with 54 employees; and Office and Administrative Support with 40 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Female Assistant professor
Female Professor

In 2020, the most common demographic for instructional staff at Albion College was Male Professor with 29 employees, Female Assistant professor with 25 employees, and Female Professor with 21 employees.

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