Cornerstone University

www.cornerstone.edu

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2023 Undergraduate Tuition

$28,300

2.61% growth from 2022

2023 Average Net Price

$23,147

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

73.2%

2,011 Applicants

2023 Enrolled Students

1,735

66.1% Full-Time

2023 Graduation Rate

65.7%

161 Graduates

About

Cornerstone University is a higher education institution located in Kent County, MI. In 2023, the most popular Bachelors Degree concentrations at Cornerstone University were General Business Administration & Management (46 degrees awarded), General Marketing & Marketing Management (20 degrees), and General Psychology (18 degrees).

In 2023, 448 degrees were awarded across all undergraduate and graduate programs at Cornerstone University. 59.8% of these degrees were awarded to women, and 40.2% awarded men. The most common race/ethnicity group of degree recipients was white (312 degrees), 6.5 times more than then the next closest race/ethnicity group, black or african american (48 degrees).

The median undergraduate tuition at Cornerstone University is $28,300, which is $3,725 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Cornerstone University was 0%, corresponding to 0 out of the 682 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Cornerstone University is $28,300, which is $3,725 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $23,147.

In 2023, 93% of undergraduate students attending Cornerstone University received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Tuition Costs

$28,300

2023 Undergraduate Tuition

In 2023, the cost of tuition at Cornerstone University was $28,300. The cost of tuition at Cornerstone University is $3,725 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$23,147

2023 Value

10.6%

1 Year Growth

In 2023 Cornerstone University had an average net price — the price paid after factoring in grants and loans — of $23,147. Between 2022 and 2023, the average net price of Cornerstone University grew by 10.6%.

This chart compares the average net price of Cornerstone University (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

$10,520

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Cornerstone University was of $10,520 in 2023. The cost of room and board increased by 2.04% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

93%

Undergraduates Receiving Financial Aid through Grants

55%

Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Cornerstone University 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 Cornerstone University (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 Cornerstone University was 0%, which represents 0 out of the 682 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

Cornerstone University received 2,011 undergraduate applications in 2023, which represents a 4.41% annual growth. Out of those 2,011 applicants, 1,472 students were accepted for enrollment, representing a 73.2% acceptance rate.

There were 1,735 students enrolled at Cornerstone University in 2023. 69% of first-time enrollees submitted SAT scores with their applications.

Cornerstone University has an overall enrollment yield of 20.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

73.2%

Acceptance Rate in 2023

1,472

Accepted Out of 2,011

In 2023, the undergraduate acceptance rate of Cornerstone University was 73.2% (1,472 admissions from 2,011 applications). This is lower than the acceptance rate of 2022, which was 81.8%. Between 2022 and 2023, the number of applicants grew by 4.41%, while admissions declined by 6.54%.

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

SAT Scores

69%

Submission Percentage (2021)

258

Scores Submitted (2021)

69% of enrolled first-time students at Cornerstone University 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.

Enrollment

Cornerstone University had a total enrollment of 1,735 students in 2023. The full-time enrollment at Cornerstone University is 1,146 students and the part-time enrollment is 589. This means that 66.1% of students enrolled at Cornerstone University are enrolled full-time.

The enrolled student population at Cornerstone University, both undergraduate and graduate, is 70.1% White, 9.11% Black or African American, 5.76% Hispanic or Latino, 2.25% Asian, 2.07% Two or More Races, 0.403% American Indian or Alaska Native, and 0.0576% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Cornerstone University in full-time Undergraduate programs are most commonly White Female (47.8%), followed by White Male (28.7%) and Hispanic or Latino Male (3.32%). Students enrolled in full-time Graduate programs are most commonly White Female (49.3%), followed by White Male (31%) and Asian Male (8.45%).

Full-Time vs Part-Time Enrollment

66.1%

Full-Time Enrollment

The total enrollment at Cornerstone University in 2023, both undergraduate and graduate, is 1,735 students. The full-time enrollment at Cornerstone University is 1,146 and the part-time enrollment is 589. This means that 66.1% of students enrolled at Cornerstone University are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

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

Retention Rate over Time

84%

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 Cornerstone University was 84%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Cornerstone University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,217 enrolled students
Black or African American
158 enrolled students
Hispanic or Latino
100 enrolled students

The enrolled student population at Cornerstone University is 70.1% White, 9.11% Black or African American, 5.76% Hispanic or Latino, 2.25% Asian, 2.07% Two or More Races, 0.403% American Indian or Alaska Native, and 0.0576% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 84 students (4.84%) did not report their race.

Graduates

In 2023, 88 more women than men received degrees from Cornerstone University. The most common race/ethnicity group of degree recipients at Cornerstone University is white (312 degrees awarded). There were 6.5 times more white recipients than the next closest race/ethnicity group, black or african american (48 degrees).

The most common Bachelor's Degree concentration at Cornerstone University is General Business Administration & Management (46 degrees awarded), followed by General Marketing & Marketing Management (20 degrees) and General Psychology (18 degrees).

In 2023, the most specialized majors across all degree types at Cornerstone University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (65 degrees awarded), Philosophy and Religious Studies (6 degrees), and Psychology (61 degrees).

Common Jobs by Major

Social workers, all other

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Cornerstone University are Social workers, all other (244,859 people), Elementary & middle school teachers (170,268 people), Other managers (163,282 people), Clergy (122,762 people), and Postsecondary teachers (96,992 people).

The most specialized majors at Cornerstone University in 2023 are Theology (65 degrees awarded), Philosophy and Religious Studies (6 degrees), Psychology (61 degrees), Parks, Recreation, & Leisure (20 degrees), and Public Administration and Social Service (22 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 Cornerstone University are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Aircraft pilots & flight engineers, and Dentists

The most specialized majors at Cornerstone University are Theology (65 degrees awarded), Philosophy and Religious Studies (6 degrees), Psychology (61 degrees), Parks, Recreation, & Leisure (20 degrees), and Public Administration and Social Service (22 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 Cornerstone University are Elementary & secondary schools (520,535 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (291,884 people), Colleges, universities & professional schools, including junior colleges (264,228 people), Outpatient care centers (232,962 people), and Individual & family services (227,347 people).

Majors Awarded

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

Most Common (2023)

General Business Administration & Management
46 degrees awarded
General Marketing & Marketing Management
20 degrees awarded
General Psychology
18 degrees awarded

In 2023, the most common bachelors degree concentration at Cornerstone University was General Business Administration & Management with 46 degrees awarded.

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

Sex Breakdown for Common Majors

180

Degrees Awarded to Men

in 2023

268

Degrees Awarded to Women

in 2023

In 2023, 180 degrees were awarded to men at Cornerstone University, which is 0.672 times less than the number of degrees awarded to females (268).

This chart displays the sex disparity between the top 5 majors at Cornerstone University by degrees awarded.

Most Common Male Majors

In 2023, 20 degrees were awarded to men at Cornerstone University in General Business Administration & Management, which is 0.588 times less than the 34 female recipients with that same degree.

Most Common Female Majors

In 2023, 34 degrees were awarded to men at Cornerstone University in General Business Administration & Management, which is 1.7 times more than the 20 male recipients with that same degree.

Time to Complete

54%

100% Completion Time

60%

150% Completion Time

In 2023, 54% of students graduating from Cornerstone University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 61% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Cornerstone University is Male and Hispanic or Latino (100% graduation rate). Across all Masters Colleges and Universities, 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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
312 degrees awarded
Black or African American
48 degrees awarded
Hispanic or Latino
31 degrees awarded

The most common race/ethnicity at Cornerstone University is white (312 degrees awarded). There were 6.5 times more white recipients than the next closest race/ethnicity group, black or african american (48 degrees).

0.893% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
187 degrees awarded
White Male
125 degrees awarded
Black or African American Female
33 degrees awarded

The most common race/ethnicity and sex grouping at Cornerstone University is white female (187 degrees awarded). There were 1.5 times more white female recipients than the next closest race/ethnicity group, white male (125 degrees).

Operations

Cornerstone University has an endowment valued at nearly $16.5M, as of the end of the 2023 fiscal year. The return on its endowment was of −297k (−1.8%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Cornerstone University had a total salary expenditure of 37.6M. Cornerstone University employs 22 Assistant professors, 17 Professors and 11 Associate professors. Most academics at Cornerstone University are Male Assistant professor (15), Male Professor (14), and Female Assistant professor (7).

The most common positions for non-instructional staff at Cornerstone University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 42 employees, Management, with 36 employees, and Office and Administrative Support with 24 employees.

Endowment

$16.5M

2023 Endowment

0.642%

growth from 2022

Cornerstone University has an endowment valued at about $16.5M, as of the end of the 2023 fiscal year. The endowment of Cornerstone University grew 0.642% from the previous year. The value of their endowment was $33.2M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Cornerstone University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Salary Expenditure

$16.4M

2023 Salaries

0.615%

decline from 2022

In 2023, Cornerstone University paid a median of $16.4M in salaries, which represents 43.5% of their overall expenditure ($37.6M) and a 0.615% decline from the previous year. This is compared to a 0.772% growth between 2021 and 2022, and a 6.4% decline between 2020 and 2021.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$3.11M

Instructional Salaries

Number of Employees

In 2023, Cornerstone University paid a total of $3.11M to 51 employees working as instructors, which represents 19% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

22 Employees

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

Most Common Non-Instructional Employee

42 Employees

In 2023, the most common positions for instructional staff at Cornerstone University were Assistant professor with 22 employees, Professor with 17 employees, and Associate professor with 11 employees.

In 2023, the most common positions for non-instructional staff at Cornerstone University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 42 employees, Management with 36 employees, and Office and Administrative Support with 24 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 Cornerstone University was Male Assistant professor with 15 employees, Male Professor with 14 employees, and Female Assistant professor with 7 employees.

This chart shows the sex split between each academic rank present at Cornerstone University.

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