Lafayette College

https://www.lafayette.edu

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2023 Undergraduate Tuition

$61,482

5.8% growth from 2022

2023 Average Net Price

$34,728

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

31.5%

9,874 Applicants

2023 Enrolled Students

2,764

98.9% Full-Time

2023 Graduation Rate

88.1%

597 Graduates

About

Lafayette College is a higher education institution located in Northampton County, PA. In 2023, the most popular Bachelors Degree concentrations at Lafayette College were Econometrics & Quantitative Economics (100 degrees awarded), General Political Science & Government (64 degrees), and Mechanical Engineering (54 degrees).

In 2023, 746 degrees were awarded across all undergraduate and graduate programs at Lafayette College. 51.9% of these degrees were awarded to women, and 48.1% awarded men. The most common race/ethnicity group of degree recipients was white (486 degrees), 8.38 times more than then the next closest race/ethnicity group, hispanic or latino (58 degrees).

The median undergraduate tuition at Lafayette College is $61,482, which is $32,202 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Lafayette College was 0%, corresponding to 0 out of the 244 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Lafayette College is $61,482, which is $32,202 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $34,728.

In 2023, 58% of undergraduate students attending Lafayette College received financial aid through grants. Comparatively, 21% of undergraduate students received financial aid through loans.

Tuition Costs

$61,482

2023 Undergraduate Tuition

In 2023, the cost of tuition at Lafayette College was $61,482. The cost of tuition at Lafayette College is $32,202 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$34,728

2023 Value

6.61%

1 Year Growth

In 2023 Lafayette College had an average net price — the price paid after factoring in grants and loans — of $34,728. Between 2022 and 2023, the average net price of Lafayette College grew by 6.61%.

This chart compares the average net price of Lafayette 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

$17,336

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Lafayette College was of $17,336 in 2023. The cost of room and board increased by 4% 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 Lafayette College (in red) with that of similar universities.

Financial Aid by Income Level

58%

Undergraduates Receiving Financial Aid through Grants

21%

Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at Lafayette College received financial aid through grants or loans in 2023. This represents a decline of 40.8% with respect to 2022, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at Lafayette 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 Lafayette College was 0%, which represents 0 out of the 244 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

Lafayette College received 9,874 undergraduate applications in 2023, which represents a 5.96% annual growth. Out of those 9,874 applicants, 3,107 students were accepted for enrollment, representing a 31.5% acceptance rate.

There were 2,764 students enrolled at Lafayette College in 2023. 31% of first-time enrollees submitted SAT scores with their applications.

Lafayette College has an overall enrollment yield of 22.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

31.5%

Acceptance Rate in 2023

3,107

Accepted Out of 9,874

In 2023, the undergraduate acceptance rate of Lafayette College was 31.5% (3,107 admissions from 9,874 applications). This is lower than the acceptance rate of 2022, which was 33.6%. Between 2022 and 2023, the number of applicants declined by 5.96%, while admissions declined by 12%.

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

SAT Scores

31%

Submission Percentage (2023)

217

Scores Submitted (2023)

31% of enrolled first-time students at Lafayette 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

Lafayette College had a total enrollment of 2,764 students in 2023. The full-time enrollment at Lafayette College is 2,734 students and the part-time enrollment is 30. This means that 98.9% of students enrolled at Lafayette College are enrolled full-time.

The enrolled student population at Lafayette College, both undergraduate and graduate, is 67.9% White, 8.79% Hispanic or Latino, 5.61% Black or African American, 4.52% Two or More Races, 3.73% Asian, and 0.145% American Indian or Alaska Native.

Students enrolled at Lafayette College in full-time Undergraduate programs are most commonly White Female (34.1%), followed by White Male (33.9%) and Hispanic or Latino Female (4.5%).

Full-Time vs Part-Time Enrollment

98.9%

Full-Time Enrollment

The total enrollment at Lafayette College in 2023, both undergraduate and graduate, is 2,764 students. The full-time enrollment at Lafayette College is 2,734 and the part-time enrollment is 30. This means that 98.9% of students enrolled at Lafayette 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 Lafayette College (in red) compares to similar universities.

Retention Rate over Time

92%

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 Lafayette College was 92%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Lafayette College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,877 enrolled students
Hispanic or Latino
243 enrolled students
Black or African American
155 enrolled students

The enrolled student population at Lafayette College is 67.9% White, 8.79% Hispanic or Latino, 5.61% Black or African American, 4.52% Two or More Races, 3.73% Asian, and 0.145% 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, 70 students (2.53%) did not report their race.

Graduates

In 2023, 28 more women than men received degrees from Lafayette College. The most common race/ethnicity group of degree recipients at Lafayette College is white (486 degrees awarded). There were 8.38 times more white recipients than the next closest race/ethnicity group, hispanic or latino (58 degrees).

The most common Bachelor's Degree concentration at Lafayette College is Econometrics & Quantitative Economics (100 degrees awarded), followed by General Political Science & Government (64 degrees) and Mechanical Engineering (54 degrees).

In 2023, the most specialized majors across all degree types at Lafayette College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Social Sciences (216 degrees awarded), Cultural & Gender Studies (14 degrees), and Engineering (134 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lafayette College are Other managers (661,069 people), Software developers (544,078 people), Physicians (460,575 people), Lawyers, & judges, magistrates, & other judicial workers (454,831 people), and Miscellaneous engineers, including nuclear engineers (371,056 people).

The most specialized majors at Lafayette College in 2023 are Social Sciences (216 degrees awarded), Cultural & Gender Studies (14 degrees), Engineering (134 degrees), English (32 degrees), and Biology (108 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 Lafayette College are Diagnostic medical sonographers, Podiatrists, Surgeons, Cardiovascular technologists and technicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Lafayette College are Social Sciences (216 degrees awarded), Cultural & Gender Studies (14 degrees), Engineering (134 degrees), English (32 degrees), and Biology (108 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 Lafayette College are Elementary & secondary schools (681,964 people), Computer Systems Design (667,787 people), Colleges, universities & professional schools, including junior colleges (587,447 people), Architectural, engineering & related services (472,396 people), and Legal services (421,345 people).

Majors Awarded

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

Most Common (2023)

Econometrics & Quantitative Economics
100 degrees awarded
General Political Science & Government
64 degrees awarded
Mechanical Engineering
54 degrees awarded

In 2023, the most common bachelors degree concentration at Lafayette College was Econometrics & Quantitative Economics with 100 degrees awarded.

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

Sex Breakdown for Common Majors

359

Degrees Awarded to Men

in 2023

387

Degrees Awarded to Women

in 2023

In 2023, 359 degrees were awarded to men at Lafayette College, which is 0.928 times less than the number of degrees awarded to females (387).

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

Most Common Male Majors

In 2023, 69 degrees were awarded to men at Lafayette College in Econometrics & Quantitative Economics, which is 2.23 times more than the 31 female recipients with that same degree.

Most Common Female Majors

In 2023, 39 degrees were awarded to men at Lafayette College in Neuroscience, which is 4.33 times more than the 9 male recipients with that same degree.

Time to Complete

85%

100% Completion Time

88%

150% Completion Time

In 2023, 85% of students graduating from Lafayette College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 88% completed their degrees within 150% of the normal time, and 88% 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.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Lafayette College is Female and Two or More Races (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, 6.2% of graduates (37 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
486 degrees awarded
Hispanic or Latino
58 degrees awarded
Asian
35 degrees awarded

The most common race/ethnicity at Lafayette College is white (486 degrees awarded). There were 8.38 times more white recipients than the next closest race/ethnicity group, hispanic or latino (58 degrees).

2.68% of degree recipients (20 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
268 degrees awarded
White Male
218 degrees awarded
Hispanic or Latino Female
30 degrees awarded

The most common race/ethnicity and sex grouping at Lafayette College is white female (268 degrees awarded). There were 1.23 times more white female recipients than the next closest race/ethnicity group, white male (218 degrees).

Operations

Lafayette College has an endowment valued at nearly $1.06B, as of the end of the 2023 fiscal year. The return on its endowment was of 78.4M (7.37%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Lafayette College had a total salary expenditure of 193M. Lafayette College employs 95 Assistant professors, 78 Associate professors and 76 Professors. Most academics at Lafayette College are Male Associate professor (53), Male Assistant professor (48), and Male Professor (47).

The most common positions for non-instructional staff at Lafayette College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 108 employees, Service, with 108 employees, and Business and Financial Operations with 90 employees.

Endowment

$1.06B

2023 Endowment

4.16%

growth from 2022

Lafayette College has an endowment valued at about $1.06B, as of the end of the 2023 fiscal year. The endowment of Lafayette College grew 4.16% from the previous year. The value of their endowment was $1.01B higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lafayette 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

$71.7M

2023 Salaries

7.02%

growth from 2022

In 2023, Lafayette College paid a median of $71.7M in salaries, which represents 37.1% of their overall expenditure ($193M) and a 7.02% growth from the previous year. This is compared to a 0.683% growth between 2021 and 2022, and a 3.38% decline between 2020 and 2021.

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

Instructional Salaries

$29.5M

Instructional Salaries

261

Number of Employees

In 2023, Lafayette College paid a total of $29.5M to 261 employees working as instructors, which represents 41.2% 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

95 Employees

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

Most Common Non-Instructional Employee

108 Employees

In 2023, the most common positions for instructional staff at Lafayette College were Assistant professor with 95 employees, Associate professor with 78 employees, and Professor with 76 employees.

In 2023, the most common positions for non-instructional staff at Lafayette College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 108 employees, Service with 108 employees, and Business and Financial Operations with 90 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Associate professor
Male Assistant professor
Male Professor

In 2023, the most common demographic for instructional staff at Lafayette College was Male Associate professor with 53 employees, Male Assistant professor with 48 employees, and Male Professor with 47 employees.

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

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