Albion College

www.albion.edu

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2023 Undergraduate Tuition

$55,226

1.5% growth from 2022

2023 Average Net Price

$18,470

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

83.2%

5,438 Applicants

2023 Enrolled Students

1,354

98.9% Full-Time

2023 Graduation Rate

57.1%

294 Graduates

About

Albion College is a higher education institution located in Calhoun County, MI. In 2023, the most popular Bachelors Degree concentrations at Albion College were General Biological Sciences (35 degrees awarded), Kinesiology & Exercise Science (31 degrees), and Other Research & Experimental Psychology (28 degrees).

In 2023, 329 degrees were awarded across all undergraduate and graduate programs at Albion 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 (204 degrees), 4.16 times more than then the next closest race/ethnicity group, hispanic or latino (49 degrees).

The median undergraduate tuition at Albion College is $55,226, which is $25,946 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Albion College was 0%, corresponding to 0 out of the 392 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Albion College is $55,226, which is $25,946 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $18,470.

In 2023, 99% of undergraduate students attending Albion College received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$55,226

2023 Undergraduate Tuition

In 2023, the cost of tuition at Albion College was $55,226. The cost of tuition at Albion College is $25,946 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$18,470

2023 Value

4.55%

1 Year Growth

In 2023 Albion College had an average net price — the price paid after factoring in grants and loans — of $18,470. Between 2022 and 2023, the average net price of Albion College grew by 4.55%.

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

$12,470

Room and Board

$700

Books and Supplies

The average yearly cost of room and board at Albion College was of $12,470 in 2023. The cost of room and board increased by 0.727% between 2022 and 2023.

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

67%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Albion College received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Albion College was 0%, which represents 0 out of the 392 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 5,438 undergraduate applications in 2023, which represents a 20.3% annual growth. Out of those 5,438 applicants, 4,522 students were accepted for enrollment, representing a 83.2% acceptance rate.

There were 1,354 students enrolled at Albion College in 2023.

Albion College has an overall enrollment yield of 8.03%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

83.2%

Acceptance Rate in 2023

4,522

Accepted Out of 5,438

In 2023, the undergraduate acceptance rate of Albion College was 83.2% (4,522 admissions from 5,438 applications). This is higher than the acceptance rate of 2022, which was 66.5%. Between 2022 and 2023, the number of applicants declined by 20.3%, while admissions declined by 0.418%.

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

0% of enrolled first-time students at Albion College in 2022 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

Albion College had a total enrollment of 1,354 students in 2023. The full-time enrollment at Albion College is 1,339 students and the part-time enrollment is 15. This means that 98.9% of students enrolled at Albion College are enrolled full-time.

The enrolled student population at Albion College, both undergraduate and graduate, is 54.6% White, 17% Black or African American, 12.8% Hispanic or Latino, 3.18% Two or More Races, 1.48% Asian, and 0.295% American Indian or Alaska Native.

Students enrolled at Albion College in full-time Undergraduate programs are most commonly White Female (30.5%), followed by White Male (24.8%) and Black or African American Male (8.63%).

Full-Time vs Part-Time Enrollment

98.9%

Full-Time Enrollment

The total enrollment at Albion College in 2023, both undergraduate and graduate, is 1,354 students. The full-time enrollment at Albion College is 1,339 and the part-time enrollment is 15. This means that 98.9% of students enrolled at Albion 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 Albion College (in red) compares to similar universities.

Retention Rate over Time

69%

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 Albion College was 69%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Albion College had a retention rate lower 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 (2023)

White
739 enrolled students
Black or African American
230 enrolled students
Hispanic or Latino
173 enrolled students

The enrolled student population at Albion College is 54.6% White, 17% Black or African American, 12.8% Hispanic or Latino, 3.18% Two or More Races, 1.48% Asian, and 0.295% 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, 90 students (6.65%) did not report their race.

Graduates

In 2023, 31 more women than men received degrees from Albion College. The most common race/ethnicity group of degree recipients at Albion College is white (204 degrees awarded). There were 4.16 times more white recipients than the next closest race/ethnicity group, hispanic or latino (49 degrees).

The most common Bachelor's Degree concentration at Albion College is General Biological Sciences (35 degrees awarded), followed by Kinesiology & Exercise Science (31 degrees) and Other Research & Experimental Psychology (28 degrees).

In 2023, 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 Parks, Recreation, & Leisure (31 degrees awarded), History (10 degrees), and Language & Linguistics (9 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 (432,767 people), Other managers (308,619 people), Elementary & middle school teachers (210,917 people), Postsecondary teachers (159,782 people), and Secondary school teachers (148,610 people).

The most specialized majors at Albion College in 2023 are Parks, Recreation, & Leisure (31 degrees awarded), History (10 degrees), Language & Linguistics (9 degrees), Cultural & Gender Studies (4 degrees), and Social Sciences (49 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

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 Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at Albion College are Parks, Recreation, & Leisure (31 degrees awarded), History (10 degrees), Language & Linguistics (9 degrees), Cultural & Gender Studies (4 degrees), and Social Sciences (49 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 Albion College are Elementary & secondary schools (496,993 people), Colleges, universities & professional schools, including junior colleges (396,961 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (193,275 people), Legal services (166,905 people), and Computer Systems Design (160,356 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 (2023)

General Biological Sciences
35 degrees awarded
Kinesiology & Exercise Science
31 degrees awarded
Other Research & Experimental Psychology
28 degrees awarded

In 2023, the most common bachelors degree concentration at Albion College was General Biological Sciences 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

149

Degrees Awarded to Men

in 2023

180

Degrees Awarded to Women

in 2023

In 2023, 149 degrees were awarded to men at Albion College, which is 0.828 times less than the number of degrees awarded to females (180).

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

Most Common Male Majors

In 2023, 14 degrees were awarded to men at Albion College in General Finance, which is 7 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2023, 22 degrees were awarded to men at Albion College in Other Research & Experimental Psychology, which is 3.67 times more than the 6 male recipients with that same degree.

Time to Complete

53%

100% Completion Time

64%

150% Completion Time

In 2023, 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 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (83.3%)

The student demographic with the highest graduation rate in 2023 at Albion College is Female and Asian (83.3% 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, 5.44% of graduates (16 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
204 degrees awarded
Hispanic or Latino
49 degrees awarded
Black or African American
29 degrees awarded

The most common race/ethnicity at Albion College is white (204 degrees awarded). There were 4.16 times more white recipients than the next closest race/ethnicity group, hispanic or latino (49 degrees).

6.38% of degree recipients (21 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
112 degrees awarded
White Male
92 degrees awarded
Hispanic or Latino Female
29 degrees awarded

The most common race/ethnicity and sex grouping at Albion College is white female (112 degrees awarded). There were 1.22 times more white female recipients than the next closest race/ethnicity group, white male (92 degrees).

Operations

Albion College has an endowment valued at nearly $150M, as of the end of the 2023 fiscal year. The return on its endowment was of −6.84M (−4.57%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Albion College had a total salary expenditure of 65.1M. Albion College employs 45 Professors, 39 Assistant professors and 22 Associate professors. Most academics at Albion College are Male Professor (28), Female Assistant professor (27), and Female Professor (17).

The most common positions for non-instructional staff at Albion College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 61 employees, Management, with 55 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 27 employees.

Endowment

$150M

2023 Endowment

14.9%

decline from 2022

Albion College has an endowment valued at about $150M, as of the end of the 2023 fiscal year. The endowment of Albion College declined 14.9% from the previous year. The value of their endowment was $98.5M 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

$26.2M

2023 Salaries

3.48%

decline from 2022

In 2023, Albion College paid a median of $26.2M in salaries, which represents 40.2% of their overall expenditure ($65.1M) and a 3.48% decline from the previous year. This is compared to a 1.73% decline between 2021 and 2022, and a 13.5% growth between 2020 and 2021.

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

Instructional Salaries

$7.77M

Instructional Salaries

117

Number of Employees

In 2023, Albion College paid a total of $7.77M to 117 employees working as instructors, which represents 29.7% of all salaries paid.

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

Occupations by Share

Professor

Most Common Instructor

45 Employees

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

Most Common Non-Instructional Employee

61 Employees

In 2023, the most common positions for instructional staff at Albion College were Professor with 45 employees, Assistant professor with 39 employees, and Associate professor with 22 employees.

In 2023, the most common positions for non-instructional staff at Albion College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 61 employees, Management with 55 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 27 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Assistant professor
Female Professor

In 2023, the most common demographic for instructional staff at Albion College was Male Professor with 28 employees, Female Assistant professor with 27 employees, and Female Professor with 17 employees.

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

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