Beloit College

www.beloit.edu

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2023 Undergraduate Tuition

$58,042

4% growth from 2022

2023 Average Net Price

$24,941

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

57.4%

3,914 Applicants

2023 Enrolled Students

948

96.6% Full-Time

2023 Graduation Rate

67.2%

217 Graduates

About

Beloit College is a higher education institution located in Rock County, WI. In 2023, the most popular Bachelors Degree concentrations at Beloit College were General Biological Sciences (25 degrees awarded), Sociology (24 degrees), and General Psychology (24 degrees).

In 2023, 311 degrees were awarded across all undergraduate and graduate programs at Beloit College. 55.9% of these degrees were awarded to women, and 44.1% awarded men. The most common race/ethnicity group of degree recipients was white (172 degrees), 4.65 times more than then the next closest race/ethnicity group, hispanic or latino (37 degrees).

The median undergraduate tuition at Beloit College is $58,042, which is $28,762 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Beloit College was 0%, corresponding to 0 out of the 269 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Beloit College is $58,042, which is $28,762 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $24,941.

In 2023, 93% of undergraduate students attending Beloit College received financial aid through grants. Comparatively, 54% of undergraduate students received financial aid through loans.

Tuition Costs

$58,042

2023 Undergraduate Tuition

In 2023, the cost of tuition at Beloit College was $58,042. The cost of tuition at Beloit College is $28,762 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$24,941

2023 Value

23.5%

1 Year Growth

In 2023 Beloit College had an average net price — the price paid after factoring in grants and loans — of $24,941. Between 2022 and 2023, the average net price of Beloit College grew by 23.5%.

This chart compares the average net price of Beloit 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

$9,746

Room and Board

$1,046

Books and Supplies

The average yearly cost of room and board at Beloit College was of $9,746 in 2023. The cost of room and board increased by 2.21% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,046. The cost of books and supplies increased by 1.36% during the same period.

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

Financial Aid by Income Level

93%

Undergraduates Receiving Financial Aid through Grants

54%

Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Beloit College received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at Beloit 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 Beloit College was 0%, which represents 0 out of the 269 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

Beloit College received 3,914 undergraduate applications in 2023, which represents a 13.1% annual growth. Out of those 3,914 applicants, 2,245 students were accepted for enrollment, representing a 57.4% acceptance rate.

There were 948 students enrolled at Beloit College in 2023. 8% of first-time enrollees submitted SAT scores with their applications.

Beloit College has an overall enrollment yield of 9.62%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

57.4%

Acceptance Rate in 2023

2,245

Accepted Out of 3,914

In 2023, the undergraduate acceptance rate of Beloit College was 57.4% (2,245 admissions from 3,914 applications). This is lower than the acceptance rate of 2022, which was 65.9%. Between 2022 and 2023, the number of applicants grew by 13.1%, while admissions declined by 1.54%.

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

SAT Scores

Submission Percentage (2023)

Scores Submitted (2023)

8% of enrolled first-time students at Beloit 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

Beloit College had a total enrollment of 948 students in 2023. The full-time enrollment at Beloit College is 916 students and the part-time enrollment is 32. This means that 96.6% of students enrolled at Beloit College are enrolled full-time.

The enrolled student population at Beloit College, both undergraduate and graduate, is 50.6% White, 17.2% Hispanic or Latino, 8.02% Black or African American, 4.43% Two or More Races, and 2.64% Asian.

Students enrolled at Beloit College in full-time Undergraduate programs are most commonly White Female (25.9%), followed by White Male (23.9%) and Hispanic or Latino Female (9.3%).

Full-Time vs Part-Time Enrollment

96.6%

Full-Time Enrollment

The total enrollment at Beloit College in 2023, both undergraduate and graduate, is 948 students. The full-time enrollment at Beloit College is 916 and the part-time enrollment is 32. This means that 96.6% of students enrolled at Beloit 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 Beloit College (in red) compares to similar universities.

Retention Rate over Time

86%

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 Beloit College was 86%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Beloit College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
480 enrolled students
Hispanic or Latino
163 enrolled students
Black or African American
76 enrolled students

The enrolled student population at Beloit College is 50.6% White, 17.2% Hispanic or Latino, 8.02% Black or African American, 4.43% Two or More Races, and 2.64% Asian. 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, 27 students (2.85%) did not report their race.

Graduates

In 2023, 37 more women than men received degrees from Beloit College. The most common race/ethnicity group of degree recipients at Beloit College is white (172 degrees awarded). There were 4.65 times more white recipients than the next closest race/ethnicity group, hispanic or latino (37 degrees).

The most common Bachelor's Degree concentration at Beloit College is General Biological Sciences (25 degrees awarded), followed by Sociology (24 degrees) and General Psychology (24 degrees).

In 2023, the most specialized majors across all degree types at Beloit College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Language & Linguistics (25 degrees awarded), English (25 degrees), and Physical Sciences (20 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 Beloit College are Lawyers, & judges, magistrates, & other judicial workers (423,611 people), Other managers (352,781 people), Postsecondary teachers (257,821 people), Elementary & middle school teachers (232,143 people), and Secondary school teachers (168,034 people).

The most specialized majors at Beloit College in 2023 are Language & Linguistics (25 degrees awarded), English (25 degrees), Physical Sciences (20 degrees), Social Sciences (71 degrees), and Cultural & Gender Studies (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 Beloit College are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Beloit College are Language & Linguistics (25 degrees awarded), English (25 degrees), Physical Sciences (20 degrees), Social Sciences (71 degrees), and Cultural & Gender Studies (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 Beloit College are Elementary & secondary schools (711,510 people), Colleges, universities & professional schools, including junior colleges (572,145 people), Legal services (397,610 people), Computer Systems Design (299,465 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (242,967 people).

Majors Awarded

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

Most Common (2023)

General Biological Sciences
25 degrees awarded
Sociology
24 degrees awarded
General Psychology
24 degrees awarded

In 2023, the most common bachelors degree concentration at Beloit College was General Biological Sciences with 25 degrees awarded.

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

Sex Breakdown for Common Majors

137

Degrees Awarded to Men

in 2023

174

Degrees Awarded to Women

in 2023

In 2023, 137 degrees were awarded to men at Beloit College, which is 0.787 times less than the number of degrees awarded to females (174).

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

Most Common Male Majors

In 2023, 12 degrees were awarded to men at Beloit College in General Biological Sciences, which is 0.923 times less than the 13 female recipients with that same degree.

Most Common Female Majors

In 2023, 18 degrees were awarded to men at Beloit College in General Psychology, which is 3 times more than the 6 male recipients with that same degree.

Time to Complete

67%

100% Completion Time

73%

150% Completion Time

In 2023, 67% of students graduating from Beloit College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 73% completed their degrees within 150% of the normal time, and 74% 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.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Beloit College is Female and American Indian or Alaska Native (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, 3.23% of graduates (7 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
172 degrees awarded
Hispanic or Latino
37 degrees awarded
Black or African American
26 degrees awarded

The most common race/ethnicity at Beloit College is white (172 degrees awarded). There were 4.65 times more white recipients than the next closest race/ethnicity group, hispanic or latino (37 degrees).

1.61% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
102 degrees awarded
White Male
70 degrees awarded
Hispanic or Latino Female
26 degrees awarded

The most common race/ethnicity and sex grouping at Beloit College is white female (102 degrees awarded). There were 1.46 times more white female recipients than the next closest race/ethnicity group, white male (70 degrees).

Operations

Beloit College has an endowment valued at nearly $85.6M, as of the end of the 2023 fiscal year. The return on its endowment was of 5.28M (6.16%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Beloit College had a total salary expenditure of 48.4M. Beloit College employs 31 Assistant professors, 27 Professors and 19 Associate professors. Most academics at Beloit College are Male Assistant professor (17), Male Professor (14), and Female Assistant professor (14).

The most common positions for non-instructional staff at Beloit College are: Management, with 51 employees, Service, with 33 employees, and Office and Administrative Support with 32 employees.

Endowment

$85.6M

2023 Endowment

2.51%

growth from 2022

Beloit College has an endowment valued at about $85.6M, as of the end of the 2023 fiscal year. The endowment of Beloit College grew 2.51% from the previous year. The value of their endowment was $34.2M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Beloit 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

$17.6M

2023 Salaries

3.64%

growth from 2022

In 2023, Beloit College paid a median of $17.6M in salaries, which represents 36.4% of their overall expenditure ($48.4M) and a 3.64% growth from the previous year. This is compared to a 2.63% decline between 2021 and 2022, and a 0.795% decline between 2020 and 2021.

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

Instructional Salaries

$5.25M

Instructional Salaries

Number of Employees

In 2023, Beloit College paid a total of $5.25M to 78 employees working as instructors, which represents 29.8% 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

31 Employees

Management

Most Common Non-Instructional Employee

51 Employees

In 2023, the most common positions for instructional staff at Beloit College were Assistant professor with 31 employees, Professor with 27 employees, and Associate professor with 19 employees.

In 2023, the most common positions for non-instructional staff at Beloit College were Management with 51 employees, Service with 33 employees, and Office and Administrative Support with 32 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Assistant professor
Male Professor
Female Assistant professor

In 2023, the most common demographic for instructional staff at Beloit College was Male Assistant professor with 17 employees, Male Professor with 14 employees, and Female Assistant professor with 14 employees.

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

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