Olivet College

https://www.olivetcollege.edu/

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2021 Undergraduate Tuition

$30,032

0.312% growth from 2020

2021 Average Net Price

$23,779

After Financial Aid

2019 Student Loan

4.9%

Default Rate

2021 Acceptance Rate

88.5%

1,200 Applicants

2021 Enrolled Students

885

89% Full-Time

2021 Graduation Rate

44.1%

105 Graduates

About

Olivet College is a higher education institution located in Eaton County, MI. In 2021, the most popular Bachelors Degree concentrations at Olivet College were Criminal Justice - Safety Studies (22 degrees awarded), General Biological Sciences (20 degrees), and General Psychology (19 degrees).

In 2021, 223 degrees were awarded across all undergraduate and graduate programs at Olivet College. 54.7% of these degrees were awarded to women, and 45.3% awarded men. The most common race/ethnicity group of degree recipients was white (166 degrees), 6.15 times more than then the next closest race/ethnicity group, black or african american (27 degrees).

The median undergraduate tuition at Olivet College is $30,032, which is $1,527 more than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Olivet College is $30,032, which is $1,527 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $23,779.

In 2021, 99% of undergraduate students attending Olivet College received financial aid through grants. Comparatively, 82% of undergraduate students received financial aid through loans.

Tuition Costs

$30,032

2021 Undergraduate Tuition

In 2021, the cost of tuition at Olivet College was $30,032. The cost of tuition at Olivet College is $1,527 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$23,779

2021 Value

11.5%

1 Year Growth

In 2021 Olivet College had an average net price — the price paid after factoring in grants and loans — of $23,779. Between 2020 and 2021, the average net price of Olivet College grew by 11.5%.

This chart compares the average net price of Olivet 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

$10,500

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Olivet College was of $10,500 in 2021. The cost of room and board increased by 3.96% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

82%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Olivet College received financial aid through grants or loans in 2021. This represents a growth of 5.32% with respect to 2020, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Olivet 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.

4.9%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Olivet College was 4.9%, which represents 21 out of the 429 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

Olivet College received 1,200 undergraduate applications in 2021, which represents a 43.8% annual growth. Out of those 1,200 applicants, 1,062 students were accepted for enrollment, representing a 88.5% acceptance rate.

There were 885 students enrolled at Olivet College in 2021. 30% of first-time enrollees submitted SAT scores with their applications.

Olivet College has an overall enrollment yield of 20.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

88.5%

Acceptance Rate in 2021

1,062

Accepted Out of 1,200

In 2021, the undergraduate acceptance rate of Olivet College was 88.5% (1,062 admissions from 1,200 applications). This is higher than the acceptance rate of 2020, which was 60.3%. Between 2020 and 2021, the number of applicants grew by 43.8%, while admissions declined by −17.5%..

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

SAT Scores

30%

Submission Percentage (2021)

Scores Submitted (2021)

30% of enrolled first-time students at Olivet College in 2021 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

Olivet College had a total enrollment of 885 students in 2021. The full-time enrollment at Olivet College is 788 students and the part-time enrollment is 97. This means that 89% of students enrolled at Olivet College are enrolled full-time.

The enrolled student population at Olivet College, both undergraduate and graduate, is 68.5% White, 18.1% Black or African American, 5.65% Hispanic or Latino, 4.86% Two or More Races, and 0.452% Asian.

Students enrolled at Olivet College in full-time Undergraduate programs are most commonly White Male (35.9%), followed by White Female (32.4%) and Black or African American Male (15.4%).

Full-Time vs Part-Time Enrollment

89%

Full-Time Enrollment

The total enrollment at Olivet College in 2021, both undergraduate and graduate, is 885 students. The full-time enrollment at Olivet College is 788 and the part-time enrollment is 97. This means that 89% of students enrolled at Olivet 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 Olivet College (in red) compares to similar universities.

Retention Rate over Time

56%

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 Olivet College was 56%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Olivet College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
606 enrolled students
Black or African American
160 enrolled students
Hispanic or Latino
50 enrolled students

The enrolled student population at Olivet College is 68.5% White, 18.1% Black or African American, 5.65% Hispanic or Latino, 4.86% Two or More Races, and 0.452% Asian. 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, 17 students (1.92%) did not report their race.

Graduates

In 2021, 21 more women than men received degrees from Olivet College. The most common race/ethnicity group of degree recipients at Olivet College is white (166 degrees awarded). There were 6.15 times more white recipients than the next closest race/ethnicity group, black or african american (27 degrees).

The most common Bachelor's Degree concentration at Olivet College is Criminal Justice - Safety Studies (22 degrees awarded), followed by General Biological Sciences (20 degrees) and General Psychology (19 degrees).

In 2021, the most specialized majors across all degree types at Olivet College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (21 degrees awarded), Protective Services (35 degrees), and Natural Resources & Conservation (6 degrees).

Common Jobs by Major

Physicians

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Olivet College are Physicians (401,113 people), Other managers (216,215 people), Elementary & middle school teachers (175,463 people), Postsecondary teachers (156,501 people), and Lawyers, & judges, magistrates, & other judicial workers (155,146 people).

The most specialized majors at Olivet College in 2021 are Parks, Recreation, & Leisure (21 degrees awarded), Protective Services (35 degrees), Natural Resources & Conservation (6 degrees), History (4 degrees), and Biology (20 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 Olivet College are Surgeons, Physicians, Diagnostic medical sonographers, Magnetic resonance imaging technologists, and Securities, commodities, & financial services sales agents

The most specialized majors at Olivet College are Parks, Recreation, & Leisure (21 degrees awarded), Protective Services (35 degrees), Natural Resources & Conservation (6 degrees), History (4 degrees), and Biology (20 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Olivet College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (536,109 people), Elementary & secondary schools (408,560 people), Colleges, universities & professional schools, including junior colleges (385,628 people), Justice, public order, & safety activities (376,776 people), and Offices of physicians (202,089 people).

Majors Awarded

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

Most Common (2021)

Criminal Justice - Safety Studies
22 degree-majors awarded
General Biological Sciences
20 degree-majors awarded
General Psychology
19 degree-majors awarded

In 2021, the most common bachelors degree concentration at Olivet College was Criminal Justice - Safety Studies with 22 degrees awarded.

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

Sex Breakdown for Common Majors

101

Degrees Awarded to Men

in 2021

122

Degrees Awarded to Women

in 2021

In 2021, 101 degrees were awarded to men at Olivet College, which is 0.828 times less than the number of degrees awarded to females (122).

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

Most Common Male Majors

In 2021, 19 degrees were awarded to men at Olivet College in General Business Administration & Management, which is 1.19 times more than the 16 female recipients with that same degree.

Most Common Female Majors

In 2021, 18 degrees were awarded to men at Olivet College in General Biological Sciences, which is 9 times more than the 2 male recipients with that same degree.

Time to Complete

31%

100% Completion Time

45%

150% Completion Time

In 2021, 31% of students graduating from Olivet College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 45% 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.

White Female

Highest Graduation Rate (64.7%)

The student demographic with the highest graduation rate in 2021 at Olivet College is Female and White (64.7% 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, 4.76% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
166 degrees awarded
Black or African American
27 degrees awarded
Hispanic or Latino
9 degrees awarded

The most common race/ethnicity at Olivet College is white (166 degrees awarded). There were 6.15 times more white recipients than the next closest race/ethnicity group, black or african american (27 degrees).

4.93% of degree recipients (11 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
90 degrees awarded
White Male
76 degrees awarded
Black or African American Male
19 degrees awarded

The most common race/ethnicity and sex grouping at Olivet College is white female (90 degrees awarded). There were 1.18 times more white female recipients than the next closest race/ethnicity group, white male (76 degrees).

Operations

Olivet College has an endowment valued at nearly $26.3M, as of the end of the 2021 fiscal year. The return on its endowment was of 5.16M (19.7%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Olivet College had a total salary expenditure of 22.9M. Olivet College employs 21 Assistant professors, 16 Associate professors and 10 Professors. Most academics at Olivet College are Female Assistant professor (14), Male Associate professor (10), and Male Assistant professor (7).

The most common positions for non-instructional staff at Olivet College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 46 employees, Management, with 27 employees, and Service with 18 employees.

Endowment

$26.3M

2021 Endowment

24.7%

growth from 2020

Olivet College has an endowment valued at about $26.3M, as of the end of the 2021 fiscal year. The endowment of Olivet College grew 24.7% from the previous year. The value of their endowment was $26.1M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Olivet 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: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$10.2M

2021 Salaries

0.833%

growth from 2020

In 2021, Olivet College paid a median of $10.2M in salaries, which represents 44.5% of their overall expenditure ($22.9M) and a 0.833% growth from the previous year.

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

Instructional Salaries

$2.71M

Instructional Salaries

Number of Employees

In 2021, Olivet College paid a total of $2.71M to 47 employees working as instructors, which represents 26.6% 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

21 Employees

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

Most Common Non-Instructional Employee

46 Employees

In 2021, the most common positions for instructional staff at Olivet College were Assistant professor with 21 employees, Associate professor with 16 employees, and Professor with 10 employees.

In 2021, the most common positions for non-instructional staff at Olivet College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 46 employees, Management with 27 employees, and Service with 18 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Assistant professor
Male Associate professor
Male Assistant professor

In 2021, the most common demographic for instructional staff at Olivet College was Female Assistant professor with 14 employees, Male Associate professor with 10 employees, and Male Assistant professor with 7 employees.

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