Belmont Abbey College

www.belmontabbeycollege.edu

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2023 Undergraduate Tuition

$19,500

5.41% growth from 2022

2023 Average Net Price

$23,463

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

90.4%

2,972 Applicants

2023 Enrolled Students

1,650

89.8% Full-Time

2023 Graduation Rate

46.4%

185 Graduates

About

Belmont Abbey College is a higher education institution located in Gaston County, NC. In 2023, the most popular Bachelors Degree concentrations at Belmont Abbey College were General Business Administration & Management (68 degrees awarded), Sport & Fitness Management (31 degrees), and Liberal Arts & Sciences (25 degrees).

In 2023, 299 degrees were awarded across all undergraduate and graduate programs at Belmont Abbey College. 51.5% of these degrees were awarded to women, and 48.5% awarded men. The most common race/ethnicity group of degree recipients was white (183 degrees), 6.78 times more than then the next closest race/ethnicity group, black or african american (27 degrees).

The median undergraduate tuition at Belmont Abbey College is $19,500, which is $−9,780 less than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Belmont Abbey College was 0%, corresponding to 0 out of the 419 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Belmont Abbey College is $19,500, which is $9,780 less than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $23,463.

In 2023, 93% of undergraduate students attending Belmont Abbey College received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Tuition Costs

$19,500

2023 Undergraduate Tuition

In 2023, the cost of tuition at Belmont Abbey College was $19,500. The cost of tuition at Belmont Abbey College is $−9,780 less than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$23,463

2023 Value

0.251%

1 Year Growth

In 2023 Belmont Abbey College had an average net price — the price paid after factoring in grants and loans — of $23,463. Between 2022 and 2023, the average net price of Belmont Abbey College grew by 0.251%.

This chart compares the average net price of Belmont Abbey 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

$9,829

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Belmont Abbey College was of $9,829 in 2023. The cost of room and board increased by 0.347% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

93%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Belmont Abbey College received financial aid through grants or loans in 2023. This represents a growth of 1.09% with respect to 2022, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at Belmont Abbey 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 Belmont Abbey College was 0%, which represents 0 out of the 419 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

Belmont Abbey College received 2,972 undergraduate applications in 2023, which represents a 7.8% annual growth. Out of those 2,972 applicants, 2,686 students were accepted for enrollment, representing a 90.4% acceptance rate.

There were 1,650 students enrolled at Belmont Abbey College in 2023. 33% of first-time enrollees submitted SAT scores with their applications.

Belmont Abbey College has an overall enrollment yield of 14.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

90.4%

Acceptance Rate in 2023

2,686

Accepted Out of 2,972

In 2023, the undergraduate acceptance rate of Belmont Abbey College was 90.4% (2,686 admissions from 2,972 applications). This is lower than the acceptance rate of 2022, which was 97.2%. Between 2022 and 2023, the number of applicants grew by 7.8%, while admissions grew by 0.261%.

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

SAT Scores

33%

Submission Percentage (2023)

132

Scores Submitted (2023)

33% of enrolled first-time students at Belmont Abbey 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

Belmont Abbey College had a total enrollment of 1,650 students in 2023. The full-time enrollment at Belmont Abbey College is 1,482 students and the part-time enrollment is 168. This means that 89.8% of students enrolled at Belmont Abbey College are enrolled full-time.

The enrolled student population at Belmont Abbey College, both undergraduate and graduate, is 62.2% White, 8.73% Hispanic or Latino, 8.73% Black or African American, 2.61% Two or More Races, 1.88% Asian, 0.303% Native Hawaiian or Other Pacific Islanders, and 0.121% American Indian or Alaska Native.

Students enrolled at Belmont Abbey College in full-time Undergraduate programs are most commonly White Male (32.8%), followed by White Female (32.3%) and Black or African American Male (5.71%). Students enrolled in full-time Graduate programs are most commonly White Male (24.2%), followed by White Female (16.8%) and Black or African American Female (12.6%).

Full-Time vs Part-Time Enrollment

89.8%

Full-Time Enrollment

The total enrollment at Belmont Abbey College in 2023, both undergraduate and graduate, is 1,650 students. The full-time enrollment at Belmont Abbey College is 1,482 and the part-time enrollment is 168. This means that 89.8% of students enrolled at Belmont Abbey 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 Belmont Abbey 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 Belmont Abbey College was 69%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Belmont Abbey College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,026 enrolled students
Hispanic or Latino
144 enrolled students
Black or African American
144 enrolled students

The enrolled student population at Belmont Abbey College is 62.2% White, 8.73% Hispanic or Latino, 8.73% Black or African American, 2.61% Two or More Races, 1.88% Asian, 0.303% Native Hawaiian or Other Pacific Islanders, and 0.121% 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, 195 students (11.8%) did not report their race.

Graduates

In 2023, 9 more women than men received degrees from Belmont Abbey College. The most common race/ethnicity group of degree recipients at Belmont Abbey College is white (183 degrees awarded). There were 6.78 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 Belmont Abbey College is General Business Administration & Management (68 degrees awarded), followed by Sport & Fitness Management (31 degrees) and Liberal Arts & Sciences (25 degrees).

In 2023, the most specialized majors across all degree types at Belmont Abbey College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (40 degrees awarded), History (14 degrees), and Philosophy and Religious Studies (7 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 Belmont Abbey College are Lawyers, & judges, magistrates, & other judicial workers (198,241 people), Elementary & middle school teachers (184,381 people), Secondary school teachers (149,592 people), Other managers (147,337 people), and Postsecondary teachers (130,133 people).

The most specialized majors at Belmont Abbey College in 2023 are Parks, Recreation, & Leisure (40 degrees awarded), History (14 degrees), Philosophy and Religious Studies (7 degrees), English (11 degrees), and Theology (5 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 Belmont Abbey 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 Belmont Abbey College are Parks, Recreation, & Leisure (40 degrees awarded), History (14 degrees), Philosophy and Religious Studies (7 degrees), English (11 degrees), and Theology (5 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 Belmont Abbey College are Elementary & secondary schools (696,148 people), Computer Systems Design (534,974 people), Banking & related activities (488,950 people), Colleges, universities & professional schools, including junior colleges (460,513 people), and Securities, commodities, funds, trusts & other financial investments (429,363 people).

Majors Awarded

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

Most Common (2023)

General Business Administration & Management
68 degrees awarded
Sport & Fitness Management
31 degrees awarded
Liberal Arts & Sciences
25 degrees awarded

In 2023, the most common bachelors degree concentration at Belmont Abbey College was General Business Administration & Management with 68 degrees awarded.

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

Sex Breakdown for Common Majors

145

Degrees Awarded to Men

in 2023

154

Degrees Awarded to Women

in 2023

In 2023, 145 degrees were awarded to men at Belmont Abbey College, which is 0.942 times less than the number of degrees awarded to females (154).

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

Most Common Male Majors

In 2023, 44 degrees were awarded to men at Belmont Abbey College in General Business Administration & Management, which is 1.83 times more than the 24 female recipients with that same degree.

Most Common Female Majors

In 2023, 24 degrees were awarded to men at Belmont Abbey College in General Business Administration & Management, which is 0.545 times less than the 44 male recipients with that same degree.

Time to Complete

39%

100% Completion Time

46%

150% Completion Time

In 2023, 39% of students graduating from Belmont Abbey College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 46% completed their degrees within 150% of the normal time, and 46% 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 Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Belmont Abbey College is Male 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
183 degrees awarded
Black or African American
27 degrees awarded
Hispanic or Latino
11 degrees awarded

The most common race/ethnicity at Belmont Abbey College is white (183 degrees awarded). There were 6.78 times more white recipients than the next closest race/ethnicity group, black or african american (27 degrees).

19.4% of degree recipients (58 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
92 degrees awarded
White Female
91 degrees awarded
Black or African American Female
17 degrees awarded

The most common race/ethnicity and sex grouping at Belmont Abbey College is white male (92 degrees awarded). There were 1.01 times more white male recipients than the next closest race/ethnicity group, white female (91 degrees).

Operations

Belmont Abbey College has an endowment valued at nearly $11.7M, as of the end of the 2023 fiscal year. The return on its endowment was of −294k (−2.53%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Belmont Abbey College had a total salary expenditure of 48.2M. Belmont Abbey College employs 47 Assistant professors, 31 Associate professors and 7 Professors. Most academics at Belmont Abbey College are Female Assistant professor (27), Male Assistant professor (20), and Male Associate professor (17).

The most common positions for non-instructional staff at Belmont Abbey College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 66 employees, Business and Financial Operations, with 30 employees, and Management with 27 employees.

Endowment

$11.7M

2023 Endowment

4.46%

decline from 2022

Belmont Abbey College has an endowment valued at about $11.7M, as of the end of the 2023 fiscal year. The endowment of Belmont Abbey College declined 4.46% from the previous year. The value of their endowment was $39.8M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Belmont Abbey 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

$17.4M

2023 Salaries

13.1%

growth from 2022

In 2023, Belmont Abbey College paid a median of $17.4M in salaries, which represents 36.1% of their overall expenditure ($48.2M) and a 13.1% growth from the previous year. This is compared to a 6% growth between 2021 and 2022, and a 11.9% growth between 2020 and 2021.

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

Instructional Salaries

$6.04M

Instructional Salaries

Number of Employees

In 2023, Belmont Abbey College paid a total of $6.04M to 91 employees working as instructors, which represents 34.8% 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

47 Employees

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

Most Common Non-Instructional Employee

66 Employees

In 2023, the most common positions for instructional staff at Belmont Abbey College were Assistant professor with 47 employees, Associate professor with 31 employees, and Professor with 7 employees.

In 2023, the most common positions for non-instructional staff at Belmont Abbey College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 66 employees, Business and Financial Operations with 30 employees, and Management with 27 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Assistant professor
Male Associate professor

In 2023, the most common demographic for instructional staff at Belmont Abbey College was Female Assistant professor with 27 employees, Male Assistant professor with 20 employees, and Male Associate professor with 17 employees.

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

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