Louisburg College

www.louisburg.edu

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2023 Undergraduate Tuition

$19,928

4.99% growth from 2022

2023 Average Net Price

$25,326

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

32%

830 Applicants

2023 Enrolled Students

413

99.3% Full-Time

2023 Graduation Rate

39.4%

112 Graduates

About

Louisburg College is a higher education institution located in Franklin County, NC. In 2023, the most popular Associates Degree concentrations at Louisburg College were Liberal Arts & Sciences (82 degrees awarded), General Business (15 degrees), and General Biological Sciences (10 degrees).

In 2023, 107 degrees were awarded across all undergraduate and graduate programs at Louisburg College. 31.8% of these degrees were awarded to women, and 68.2% awarded men. The most common race/ethnicity group of degree recipients was black or african american (46 degrees), 1.24 times more than then the next closest race/ethnicity group, white (37 degrees).

The median undergraduate tuition at Louisburg College is $19,928, which is $11,675 more than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at Louisburg College was 0%, corresponding to 0 out of the 468 total borrowers.

Associates Colleges: High Transfer-High Traditional Associates Colleges

Costs

In 2023, the median undergraduate tuition at Louisburg College is $19,928, which is $11,675 more than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $25,326.

In 2023, 100% of undergraduate students attending Louisburg College received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$19,928

2023 Undergraduate Tuition

In 2023, the cost of tuition at Louisburg College was $19,928. The cost of tuition at Louisburg College is $11,675 more than than the overall (public and private) national average for Associates Colleges ($8,253).

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

Average Net Price

$25,326

2023 Value

18.2%

1 Year Growth

In 2023 Louisburg College had an average net price — the price paid after factoring in grants and loans — of $25,326. Between 2022 and 2023, the average net price of Louisburg College grew by 18.2%.

This chart compares the average net price of Louisburg 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

$9,710

Room and Board

The average yearly cost of room and board at Louisburg College was of $9,710 in 2023. The cost of room and board increased by 2.7% between 2022 and 2023.

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

Financial Aid by Income Level

100%

Undergraduates Receiving Financial Aid through Grants

67%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Louisburg College received financial aid through grants or loans in 2023. This represents a growth of 31.6% with respect to 2022, when 76% of undergraduate students received financial aid.

This chart compares the average award discount at Louisburg 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 Louisburg College was 0%, which represents 0 out of the 468 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

Louisburg College received 830 undergraduate applications in 2023, which represents a 19.1% annual growth. Out of those 830 applicants, 266 students were accepted for enrollment, representing a 32% acceptance rate.

There were 413 students enrolled at Louisburg College in 2023. 100% of first-time enrollees submitted SAT scores with their applications.

Louisburg College has an overall enrollment yield of 100%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

32%

Acceptance Rate in 2023

266

Accepted Out of 830

In 2023, the undergraduate acceptance rate of Louisburg College was 32% (266 admissions from 830 applications). This is lower than the acceptance rate of 2022, which was 86.4%. Between 2022 and 2023, the number of applicants declined by 19.1%, while admissions declined by 70%.

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

SAT Scores

100%

Submission Percentage (2019)

269

Scores Submitted (2019)

100% of enrolled first-time students at Louisburg College in 2019 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

Louisburg College had a total enrollment of 413 students in 2023. The full-time enrollment at Louisburg College is 410 students and the part-time enrollment is 3. This means that 99.3% of students enrolled at Louisburg College are enrolled full-time.

The enrolled student population at Louisburg College, both undergraduate and graduate, is 65.9% Black or African American, 23% White, 7.02% Hispanic or Latino, 2.42% Two or More Races, 0.484% Asian, and 0.242% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Louisburg College in full-time Undergraduate programs are most commonly Black or African American Male (52.5%), followed by White Male (14.1%) and Black or African American Female (10.9%).

Full-Time vs Part-Time Enrollment

99.3%

Full-Time Enrollment

The total enrollment at Louisburg College in 2023, both undergraduate and graduate, is 413 students. The full-time enrollment at Louisburg College is 410 and the part-time enrollment is 3. This means that 99.3% of students enrolled at Louisburg College are enrolled full-time compared with 32.3% at similar Associates Colleges.

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

Retention Rate over Time

48%

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 Louisburg College was 48%. Compared with the full-time retention rate at similar Associates Colleges (64%), Louisburg College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Black or African American
272 enrolled students
White
95 enrolled students
Hispanic or Latino
29 enrolled students

The enrolled student population at Louisburg College is 65.9% Black or African American, 23% White, 7.02% Hispanic or Latino, 2.42% Two or More Races, 0.484% Asian, and 0.242% 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 Associates Colleges is 41.7% White, 28.7% Hispanic or Latino, and 12.6% 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, 0 students (0%) did not report their race.

Graduates

In 2023, 39 fewer women than men received degrees from Louisburg College. The most common race/ethnicity group of degree recipients at Louisburg College is black or african american (46 degrees awarded). There were 1.24 times more black or african american recipients than the next closest race/ethnicity group, white (37 degrees).

The most common Associates Degree concentration at Louisburg College is Liberal Arts & Sciences (82 degrees awarded), followed by General Business (15 degrees) and General Biological Sciences (10 degrees).

In 2023, the most specialized majors across all degree types at Louisburg College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Liberal Arts & Humanities (82 degrees awarded), Biology (10 degrees), and Business (15 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Louisburg College are Accountants & auditors (1,021,883 people), Other managers (805,722 people), Financial managers (520,690 people), Chief executives & legislators (413,686 people), and Physicians (411,730 people).

The most specialized majors at Louisburg College in 2023 are Liberal Arts & Humanities (82 degrees awarded), Biology (10 degrees), and Business (15 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 Louisburg College are Surgeons, Skincare specialists, Broadcast announcers and radio disc jockeys, Physicians, and Correspondence clerks & order clerks

The most specialized majors at Louisburg College are Liberal Arts & Humanities (82 degrees awarded), Biology (10 degrees), and Business (15 degrees) (as of 2023).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Louisburg College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (740,293 people), Elementary & secondary schools (681,949 people), Colleges, universities & professional schools, including junior colleges (584,711 people), Computer Systems Design (542,262 people), and Banking & related activities (486,271 people).

The most specialized majors at Louisburg College are Liberal Arts & Humanities (82 degrees awarded), Biology (10 degrees), and Business (15 degrees) (as of 2023).

Majors Awarded

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

Most Common (2023)

Liberal Arts & Sciences
82 degrees awarded
General Business
15 degrees awarded
General Biological Sciences
10 degrees awarded

In 2023, the most common associates degree concentration at Louisburg College was Liberal Arts & Sciences with 82 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 73 degrees were awarded to men at Louisburg College, which is 2.15 times more than the number of degrees awarded to females (34).

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

Most Common Male Majors

In 2023, 59 degrees were awarded to men at Louisburg College in Liberal Arts & Sciences, which is 2.57 times more than the 23 female recipients with that same degree.

Most Common Female Majors

In 2023, 23 degrees were awarded to men at Louisburg College in Liberal Arts & Sciences, which is 0.39 times less than the 59 male recipients with that same degree.

Time to Complete

39%

100% Completion Time

69%

150% Completion Time

In 2023, 39% of students graduating from Louisburg College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 69% completed their degrees within 150% of the normal time, and 69% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates 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.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Louisburg College is Male and Hispanic or Latino (100% graduation rate). Across all Associates 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, 0.893% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

Black or African American
46 degrees awarded
White
37 degrees awarded
Hispanic or Latino
15 degrees awarded

The most common race/ethnicity at Louisburg College is black or african american (46 degrees awarded). There were 1.24 times more black or african american recipients than the next closest race/ethnicity group, white (37 degrees).

0.935% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Black or African American Male
37 degrees awarded
White Male
22 degrees awarded
White Female
15 degrees awarded

The most common race/ethnicity and sex grouping at Louisburg College is black or african american male (37 degrees awarded). There were 1.68 times more black or african american male recipients than the next closest race/ethnicity group, white male (22 degrees).

Operations

Louisburg College has an endowment valued at nearly $13.8M, as of the end of the 2023 fiscal year. The return on its endowment was of −273k (−1.97%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.

In 2023, Louisburg College had a total salary expenditure of 13.2M. Louisburg College employs 4 Instructors, 3 Assistant professors and 3 Associate professors. Most academics at Louisburg College are Female Instructor (3), Female Assistant professor (3), and Male Associate professor (2).

The most common positions for non-instructional staff at Louisburg College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 18 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 15 employees, and Management with 12 employees.

Endowment

$13.8M

2023 Endowment

6.59%

decline from 2022

Louisburg College has an endowment valued at about $13.8M, as of the end of the 2023 fiscal year. The endowment of Louisburg College declined 6.59% from the previous year. The value of their endowment was $8.03M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-High Traditional Carnegie Classification grouping.

Salary Expenditure

$4M

2023 Salaries

3.66%

decline from 2022

In 2023, Louisburg College paid a median of $4M in salaries, which represents 30.2% of their overall expenditure ($13.2M) and a 3.66% decline from the previous year. This is compared to a 4.91% decline between 2021 and 2022, and a 2.89% decline between 2020 and 2021.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$449k

Instructional Salaries

Number of Employees

In 2023, Louisburg College paid a total of $449k to 11 employees working as instructors, which represents 11.2% of all salaries paid.

This is compared to a median of $731k (4.21%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

4 Employees

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

Most Common Non-Instructional Employee

18 Employees

In 2023, the most common positions for instructional staff at Louisburg College were Instructor with 4 employees, Assistant professor with 3 employees, and Associate professor with 3 employees.

In 2023, the most common positions for non-instructional staff at Louisburg College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 18 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 15 employees, and Management with 12 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Instructor
Female Assistant professor
Male Associate professor

In 2023, the most common demographic for instructional staff at Louisburg College was Female Instructor with 3 employees, Female Assistant professor with 3 employees, and Male Associate professor with 2 employees.

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

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