Salem College

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2022 Undergraduate Tuition
$30,500
2022 Average Net Price
$18,354
After Financial Aid
2019 Default Rate
1.33%
on Student Loans
2022 Acceptance Rate
87.5%
1,159 Applicants
2022 Enrolled Students
469
59.7% Full-Time
2022 Graduation Rate
61.8%
126 Graduates

About

Salem College is a higher education institution located in Forsyth County, NC. In 2022, the most popular Masters Degree concentrations at Salem College were School Counseling & Guidance Services (24 degrees awarded), Elementary Education & Teaching (7 degrees), and General Music Performance (4 degrees).

In 2022, 166 degrees were awarded across all undergraduate and graduate programs at Salem College. 94% of these degrees were awarded to women, and 6.02% awarded men. The most common race/ethnicity group of degree recipients was white (103 degrees), 3.55 times more than then the next closest race/ethnicity group, black or african american (29 degrees).

The median undergraduate tuition at Salem College is $30,500, which is $2,170 more than the national average for Baccalaureate Colleges ($28,330).

Costs

In 2022, the median undergraduate tuition at Salem College is $30,500, which is $2,170 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $18,354.

In 2022, 89% of undergraduate students attending Salem College received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Tuition Costs

$30,500
2022 Undergraduate Tuition

In 2022, the cost of tuition at Salem College was $30,500. The cost of tuition at Salem College is $2,170 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

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Average Net Price

$18,354
2022 Value
60.9%
1 Year Growth

In 2022 Salem College had an average net price — the price paid after factoring in grants and loans — of $18,354. Between 2021 and 2022, the average net price of Salem College grew by 60.9%.

This chart compares the average net price of Salem 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.

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Other Student Expenses

$12,300
Room and Board
$1,300
Books and Supplies

The average yearly cost of room and board at Salem College was of $12,300 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,300. The cost of books and supplies increased by 0.775% during the same period.

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

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Financial Aid by Income Level

89%
Undergraduates Receiving Financial Aid through Grants
48%
Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Salem College received financial aid through grants or loans in 2022. This represents a decline of 7.29% with respect to 2021, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Salem 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.

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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.
1.33%
2019 Default Rate
4
Number of Defaults

In 2019 the default rate for borrower's at Salem College was 1.33%, which represents 4 out of the 300 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

Salem College received 1,159 undergraduate applications in 2022, which represents a 142% annual growth. Out of those 1,159 applicants, 1,014 students were accepted for enrollment, representing a 87.5% acceptance rate.

There were 469 students enrolled at Salem College in 2022. 13% of first-time enrollees submitted SAT scores with their applications.

Salem College has an overall enrollment yield of 8.97%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

87.5%
Acceptance Rate in 2022
1,014
Accepted Out of 1,159

In 2022, the undergraduate acceptance rate of Salem College was 87.5% (1,014 admissions from 1,159 applications). This is lower than the acceptance rate of 2021, which was 90.2%. Between 2021 and 2022, the number of applicants grew by 142%, while admissions grew by 135%..

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

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SAT Scores

13%
Submission Percentage (2021)
6
Scores Submitted (2021)

13% of enrolled first-time students at Salem College 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.

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Enrollment

Salem College had a total enrollment of 469 students in 2022. The full-time enrollment at Salem College is 280 students and the part-time enrollment is 189. This means that 59.7% of students enrolled at Salem College are enrolled full-time.

The enrolled student population at Salem College, both undergraduate and graduate, is 49.7% White, 16.2% Black or African American, 14.9% Hispanic or Latino, 7.04% Two or More Races, 2.13% Asian, and 0.213% American Indian or Alaska Native.

Students enrolled at Salem College in full-time Undergraduate programs are most commonly White Female (52.3%), followed by Hispanic or Latino Female (17.9%) and Black or African American Female (14%). Students enrolled in full-time Graduate programs are most commonly White Female (100%).

Full-Time vs Part-Time Enrollment

59.7%
Full-Time Enrollment

The total enrollment at Salem College in 2022, both undergraduate and graduate, is 469 students. The full-time enrollment at Salem College is 280 and the part-time enrollment is 189. This means that 59.7% of students enrolled at Salem College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

73%
2022 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 Salem College was 73%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Salem College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    233 enrolled students
  2. Black or African American
    76 enrolled students
  3. Hispanic or Latino
    70 enrolled students

The enrolled student population at Salem College is 49.7% White, 16.2% Black or African American, 14.9% Hispanic or Latino, 7.04% Two or More Races, 2.13% Asian, and 0.213% 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 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 41 students (8.74%) did not report their race.

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Graduates

In 2022, 146 more women than men received degrees from Salem College. The most common race/ethnicity group of degree recipients at Salem College is white (103 degrees awarded). There were 3.55 times more white recipients than the next closest race/ethnicity group, black or african american (29 degrees).

The most common Masters Degree concentration at Salem College is School Counseling & Guidance Services (24 degrees awarded), followed by Elementary Education & Teaching (7 degrees) and General Music Performance (4 degrees).

In 2022,  the most specialized majors across all degree types at Salem College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are History (9 degrees awarded), Philosophy and Religious Studies (4 degrees), and Visual & Performing Arts (24 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Salem College are Elementary & middle school teachers (1,733,977 people), Secondary school teachers (578,148 people), Education administrators (319,841 people), Postsecondary teachers (258,666 people), and Other managers (253,202 people).

The most specialized majors at Salem College in 2022 are History (9 degrees awarded), Philosophy and Religious Studies (4 degrees), Visual & Performing Arts (24 degrees), English (7 degrees), and Education (42 degrees) (as of 2022).

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Highest Paying Jobs by Major

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

The most specialized majors at Salem College are History (9 degrees awarded), Philosophy and Religious Studies (4 degrees), Visual & Performing Arts (24 degrees), English (7 degrees), and Education (42 degrees) (as of 2022).

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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 Salem College are Elementary & secondary schools (3,125,123 people), Colleges, universities & professional schools, including junior colleges (531,980 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (206,633 people), Computer Systems Design (203,617 people), and Legal services (196,772 people).

The most specialized majors at Salem College are History (9 degrees awarded), Philosophy and Religious Studies (4 degrees), Visual & Performing Arts (24 degrees), English (7 degrees), and Education (42 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Salem College.
Most Common (2022)
  1. 13 degrees awarded
  2. 11 degrees awarded
  3. 10 degrees awarded

In 2022, the most common bachelors degree concentration at Salem College was General Biological Sciences with 13 degrees awarded.

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

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Sex Breakdown for Common Majors

10
Degrees Awarded to Men
in 2022
156
Degrees Awarded to Women
in 2022

In 2022, 10 degrees were awarded to men at Salem College, which is 0.0641 times less than the number of degrees awarded to females (156).

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

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Most Common Male Majors

In 2022, 4 degrees were awarded to men at Salem College in Other Music, which is 1.33 times more than the 3 female recipients with that same degree.

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Most Common Female Majors

In 2022, 22 degrees were awarded to men at Salem College in School Counseling & Guidance Services, which is 11 times more than the 2 male recipients with that same degree.

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Time to Complete

64%
100% Completion Time
66%
150% Completion Time

In 2022, 64% of students graduating from Salem College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 66% completed their degrees within 150% of the normal time, and 66% 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate in 2022 at Salem College is Female and Two or More Races (66.7% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 0.794% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    103 degrees awarded
  2. Black or African American
    29 degrees awarded
  3. Hispanic or Latino
    18 degrees awarded

The most common race/ethnicity at Salem College is white (103 degrees awarded). There were 3.55 times more white recipients than the next closest race/ethnicity group, black or african american (29 degrees).

5.42% of degree recipients (9 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    98 degrees awarded
  2. Black or African American Female
    27 degrees awarded
  3. Hispanic or Latino Female
    18 degrees awarded

The most common race/ethnicity and sex grouping at Salem College is white female (98 degrees awarded). There were 3.63 times more white female recipients than the next closest race/ethnicity group, black or african american female (27 degrees).

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Operations

Salem College has an endowment valued at nearly $56.6M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−11.2%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Salem College had a total salary expenditure of 21.7M. Salem College employs 19 Associate professors, 7 Professors and 7 Assistant professors. Most academics at Salem College are Female Associate professor (14), Female Assistant professor (7), and Female Professor (5).

The most common positions for non-instructional staff at Salem College are: Management, with 26 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 17 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 14 employees.

Endowment

$56.6M
2022 Endowment
15.9%
decline from 2021

Salem College has an endowment valued at about $56.6M, as of the end of the 2022 fiscal year. The endowment of Salem College declined 15.9% from the previous year. The value of their endowment was $7.29M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Salem 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.

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Salary Expenditure

$8.79M
2022 Salaries
12.1%
growth from 2021

In 2022, Salem College paid a median of $8.79M in salaries, which represents 40.5% of their overall expenditure ($21.7M) and a 12.1% growth from the previous year.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

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Instructional Salaries

$1.98M
Instructional Salaries
34
Number of Employees

In 2022, Salem College paid a total of $1.98M to 34 employees working as instructors, which represents 22.6% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

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Occupations by Share

Associate professor
Most Common Instructor
19 Employees
Management
Most Common Non-Instructional Employee
26 Employees

In 2022, the most common positions for instructional staff at Salem College were Associate professor with 19 employees, Professor with 7 employees, and Assistant professor with 7 employees.

In 2022, the most common positions for non-instructional staff at Salem College were Management with 26 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 17 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 14 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female Associate professor
  2. Female Assistant professor
  3. Female Professor

In 2022, the most common demographic for instructional staff at Salem College was Female Associate professor with 14 employees, Female Assistant professor with 7 employees, and Female Professor with 5 employees.

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

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