Grinnell College

www.grinnell.edu

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2023 Undergraduate Tuition

$64,342

5.5% growth from 2022

2023 Average Net Price

$33,446

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

12.7%

9,988 Applicants

2023 Enrolled Students

1,775

96.2% Full-Time

2023 Graduation Rate

87.5%

391 Graduates

About

Grinnell College is a higher education institution located in Poweshiek County, IA. In 2023, the most popular Bachelors Degree concentrations at Grinnell College were Computer Science (62 degrees awarded), Econometrics & Quantitative Economics (54 degrees), and General Biological Sciences (43 degrees).

In 2023, 528 degrees were awarded across all undergraduate and graduate programs at Grinnell College. 52.7% of these degrees were awarded to women, and 47.3% awarded men. The most common race/ethnicity group of degree recipients was white (270 degrees), 6.28 times more than then the next closest race/ethnicity group, asian (43 degrees).

The median undergraduate tuition at Grinnell College is $64,342, which is $35,062 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Grinnell College was 0%, corresponding to 0 out of the 254 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Grinnell College is $64,342, which is $35,062 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $33,446.

In 2023, 88% of undergraduate students attending Grinnell College received financial aid through grants. Comparatively, 12% of undergraduate students received financial aid through loans.

Tuition Costs

$64,342

2023 Undergraduate Tuition

In 2023, the cost of tuition at Grinnell College was $64,342. The cost of tuition at Grinnell College is $35,062 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$33,446

2023 Value

0.0627%

1 Year Growth

In 2023 Grinnell College had an average net price — the price paid after factoring in grants and loans — of $33,446. Between 2022 and 2023, the average net price of Grinnell College grew by 0.0627%.

This chart compares the average net price of Grinnell 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

$15,048

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Grinnell College was of $15,048 in 2023. The cost of room and board increased by 4.86% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $900. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

88%

Undergraduates Receiving Financial Aid through Grants

12%

Undergraduates Receiving Financial Aid through Loans

88% of undergraduate students at Grinnell College received financial aid through grants or loans in 2023. This represents a decline of 1.12% with respect to 2022, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Grinnell 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Grinnell College was 0%, which represents 0 out of the 254 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

Grinnell College received 9,988 undergraduate applications in 2023, which represents a 0.09% annual growth. Out of those 9,988 applicants, 1,266 students were accepted for enrollment, representing a 12.7% acceptance rate.

There were 1,775 students enrolled at Grinnell College in 2023. 30% of first-time enrollees submitted SAT scores with their applications.

Grinnell College has an overall enrollment yield of 36.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

12.7%

Acceptance Rate in 2023

1,266

Accepted Out of 9,988

In 2023, the undergraduate acceptance rate of Grinnell College was 12.7% (1,266 admissions from 9,988 applications). This is higher than the acceptance rate of 2022, which was 10.8%. Between 2022 and 2023, the number of applicants declined by 0.09%, while admissions grew by 17.7%.

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

SAT Scores

30%

Submission Percentage (2023)

136

Scores Submitted (2023)

30% of enrolled first-time students at Grinnell College in 2023 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.

Enrollment

Grinnell College had a total enrollment of 1,775 students in 2023. The full-time enrollment at Grinnell College is 1,707 students and the part-time enrollment is 68. This means that 96.2% of students enrolled at Grinnell College are enrolled full-time.

The enrolled student population at Grinnell College, both undergraduate and graduate, is 51.8% White, 8.28% Asian, 8.17% Hispanic or Latino, 5.63% Two or More Races, 5.13% Black or African American, and 0.169% American Indian or Alaska Native.

Students enrolled at Grinnell College in full-time Undergraduate programs are most commonly White Female (27.2%), followed by White Male (24.9%) and Hispanic or Latino Female (5.39%).

Full-Time vs Part-Time Enrollment

96.2%

Full-Time Enrollment

The total enrollment at Grinnell College in 2023, both undergraduate and graduate, is 1,775 students. The full-time enrollment at Grinnell College is 1,707 and the part-time enrollment is 68. This means that 96.2% of students enrolled at Grinnell College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

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

Retention Rate over Time

93%

2023 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 Grinnell College was 93%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Grinnell College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
920 enrolled students
Asian
147 enrolled students
Hispanic or Latino
145 enrolled students

The enrolled student population at Grinnell College is 51.8% White, 8.28% Asian, 8.17% Hispanic or Latino, 5.63% Two or More Races, 5.13% Black or African American, and 0.169% 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 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 40 students (2.25%) did not report their race.

Graduates

In 2023, 28 more women than men received degrees from Grinnell College. The most common race/ethnicity group of degree recipients at Grinnell College is white (270 degrees awarded). There were 6.28 times more white recipients than the next closest race/ethnicity group, asian (43 degrees).

The most common Bachelor's Degree concentration at Grinnell College is Computer Science (62 degrees awarded), followed by Econometrics & Quantitative Economics (54 degrees) and General Biological Sciences (43 degrees).

In 2023, the most specialized majors across all degree types at Grinnell College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Language & Linguistics (44 degrees awarded), Cultural & Gender Studies (17 degrees), and Philosophy and Religious Studies (19 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 Grinnell College are Lawyers, & judges, magistrates, & other judicial workers (374,470 people), Other managers (283,086 people), Postsecondary teachers (184,404 people), Elementary & middle school teachers (165,998 people), and Chief executives & legislators (134,016 people).

The most specialized majors at Grinnell College in 2023 are Language & Linguistics (44 degrees awarded), Cultural & Gender Studies (17 degrees), Philosophy and Religious Studies (19 degrees), Social Sciences (144 degrees), and Math & Statistics (34 degrees) (as of 2023).

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 Grinnell College are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Grinnell College are Language & Linguistics (44 degrees awarded), Cultural & Gender Studies (17 degrees), Philosophy and Religious Studies (19 degrees), Social Sciences (144 degrees), and Math & Statistics (34 degrees) (as of 2023).

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 Grinnell College are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

Majors Awarded

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

Most Common (2023)

Computer Science
62 degrees awarded
Econometrics & Quantitative Economics
54 degrees awarded
General Biological Sciences
43 degrees awarded

In 2023, the most common bachelors degree concentration at Grinnell College was Computer Science with 62 degrees awarded.

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

Sex Breakdown for Common Majors

250

Degrees Awarded to Men

in 2023

278

Degrees Awarded to Women

in 2023

In 2023, 250 degrees were awarded to men at Grinnell College, which is 0.899 times less than the number of degrees awarded to females (278).

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

Most Common Male Majors

In 2023, 46 degrees were awarded to men at Grinnell College in Computer Science, which is 2.88 times more than the 16 female recipients with that same degree.

Most Common Female Majors

In 2023, 31 degrees were awarded to men at Grinnell College in General Biological Sciences, which is 2.58 times more than the 12 male recipients with that same degree.

Time to Complete

82%

100% Completion Time

87%

150% Completion Time

In 2023, 82% of students graduating from Grinnell College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 87% 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 (100%)

The student demographic with the highest graduation rate in 2023 at Grinnell College is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 3.58% of graduates (14 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
270 degrees awarded
Asian
43 degrees awarded
Hispanic or Latino
36 degrees awarded

The most common race/ethnicity at Grinnell College is white (270 degrees awarded). There were 6.28 times more white recipients than the next closest race/ethnicity group, asian (43 degrees).

5.49% of degree recipients (29 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
138 degrees awarded
White Female
132 degrees awarded
Asian Female
24 degrees awarded

The most common race/ethnicity and sex grouping at Grinnell College is white male (138 degrees awarded). There were 1.05 times more white male recipients than the next closest race/ethnicity group, white female (132 degrees).

Operations

Grinnell College has an endowment valued at nearly $2.51B, as of the end of the 2023 fiscal year. The return on its endowment was of 117M (4.68%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Grinnell College had a total salary expenditure of 158M. Grinnell College employs 69 Assistant professors, 63 Associate professors and 60 Professors. Most academics at Grinnell College are Female Assistant professor (42), Male Associate professor (36), and Male Professor (36).

The most common positions for non-instructional staff at Grinnell College are: Service, with 167 employees, Office and Administrative Support, with 79 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 77 employees.

Endowment

$2.51B

2023 Endowment

0.863%

growth from 2022

Grinnell College has an endowment valued at about $2.51B, as of the end of the 2023 fiscal year. The endowment of Grinnell College grew 0.863% from the previous year. The value of their endowment was $2.45B higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Grinnell 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

$62.5M

2023 Salaries

6.86%

growth from 2022

In 2023, Grinnell College paid a median of $62.5M in salaries, which represents 39.6% of their overall expenditure ($158M) and a 6.86% growth from the previous year. This is compared to a 8.88% growth between 2021 and 2022, and a 3.69% decline between 2020 and 2021.

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

Instructional Salaries

$22.9M

Instructional Salaries

209

Number of Employees

In 2023, Grinnell College paid a total of $22.9M to 209 employees working as instructors, which represents 36.6% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

69 Employees

Service

Most Common Non-Instructional Employee

167 Employees

In 2023, the most common positions for instructional staff at Grinnell College were Assistant professor with 69 employees, Associate professor with 63 employees, and Professor with 60 employees.

In 2023, the most common positions for non-instructional staff at Grinnell College were Service with 167 employees, Office and Administrative Support with 79 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 77 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Associate professor
Male Professor

In 2023, the most common demographic for instructional staff at Grinnell College was Female Assistant professor with 42 employees, Male Associate professor with 36 employees, and Male Professor with 36 employees.

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

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