McPherson College

www.mcpherson.edu

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2023 Undergraduate Tuition

$34,072

4.86% growth from 2022

2023 Average Net Price

$25,490

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

83.8%

1,209 Applicants

2023 Enrolled Students

788

99.1% Full-Time

2023 Graduation Rate

52%

104 Graduates

About

McPherson College is a higher education institution located in McPherson County, KS. In 2023, the most popular Bachelors Degree concentrations at McPherson College were General Business Administration & Management (40 degrees awarded), Other Related Mechanical Engineering Technologies (32 degrees), and Graphic Design (12 degrees).

In 2023, 183 degrees were awarded across all undergraduate and graduate programs at McPherson College. 36.1% of these degrees were awarded to women, and 63.9% awarded men. The most common race/ethnicity group of degree recipients was white (99 degrees), 3.19 times more than then the next closest race/ethnicity group, hispanic or latino (31 degrees).

The median undergraduate tuition at McPherson College is $34,072, which is $4,792 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at McPherson College was 0%, corresponding to 0 out of the 252 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at McPherson College is $34,072, which is $4,792 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $25,490.

In 2023, 99% of undergraduate students attending McPherson College received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Tuition Costs

$34,072

2023 Undergraduate Tuition

In 2023, the cost of tuition at McPherson College was $34,072. The cost of tuition at McPherson College is $4,792 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$25,490

2023 Value

1.7%

1 Year Growth

In 2023 McPherson College had an average net price — the price paid after factoring in grants and loans — of $25,490. Between 2022 and 2023, the average net price of McPherson College grew by 1.7%.

This chart compares the average net price of McPherson 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

$10,031

Room and Board

$1,420

Books and Supplies

The average yearly cost of room and board at McPherson College was of $10,031 in 2023. The cost of room and board increased by 9.94% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,420. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

64%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at McPherson College received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at McPherson 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 McPherson College was 0%, which represents 0 out of the 252 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

McPherson College received 1,209 undergraduate applications in 2023, which represents a 16.3% annual growth. Out of those 1,209 applicants, 1,013 students were accepted for enrollment, representing a 83.8% acceptance rate.

There were 788 students enrolled at McPherson College in 2023. 24% of first-time enrollees submitted SAT scores with their applications.

McPherson College has an overall enrollment yield of 23.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

83.8%

Acceptance Rate in 2023

1,013

Accepted Out of 1,209

In 2023, the undergraduate acceptance rate of McPherson College was 83.8% (1,013 admissions from 1,209 applications). This is higher than the acceptance rate of 2022, which was 65.9%. Between 2022 and 2023, the number of applicants declined by 16.3%, while admissions grew by 6.41%.

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

SAT Scores

24%

Submission Percentage (2023)

Scores Submitted (2023)

24% of enrolled first-time students at McPherson 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

McPherson College had a total enrollment of 788 students in 2023. The full-time enrollment at McPherson College is 781 students and the part-time enrollment is 7. This means that 99.1% of students enrolled at McPherson College are enrolled full-time.

The enrolled student population at McPherson College, both undergraduate and graduate, is 51.8% White, 16.8% Hispanic or Latino, 12.4% Black or African American, 4.44% American Indian or Alaska Native, 1.65% Asian, 1.14% Two or More Races, and 0.254% Native Hawaiian or Other Pacific Islanders.

Students enrolled at McPherson College in full-time Undergraduate programs are most commonly White Male (33.8%), followed by White Female (18%) and Hispanic or Latino Male (10.9%). Students enrolled in full-time Graduate programs are most commonly White Female (100%).

Full-Time vs Part-Time Enrollment

99.1%

Full-Time Enrollment

The total enrollment at McPherson College in 2023, both undergraduate and graduate, is 788 students. The full-time enrollment at McPherson College is 781 and the part-time enrollment is 7. This means that 99.1% of students enrolled at McPherson 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 McPherson College (in red) compares to similar universities.

Retention Rate over Time

65%

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 McPherson College was 65%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), McPherson College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
408 enrolled students
Hispanic or Latino
132 enrolled students
Black or African American
98 enrolled students

The enrolled student population at McPherson College is 51.8% White, 16.8% Hispanic or Latino, 12.4% Black or African American, 4.44% American Indian or Alaska Native, 1.65% Asian, 1.14% Two or More Races, and 0.254% 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 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, 42 students (5.33%) did not report their race.

Graduates

In 2023, 51 fewer women than men received degrees from McPherson College. The most common race/ethnicity group of degree recipients at McPherson College is white (99 degrees awarded). There were 3.19 times more white recipients than the next closest race/ethnicity group, hispanic or latino (31 degrees).

The most common Bachelor's Degree concentration at McPherson College is General Business Administration & Management (40 degrees awarded), followed by Other Related Mechanical Engineering Technologies (32 degrees) and Graphic Design (12 degrees).

In 2023, the most specialized majors across all degree types at McPherson College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (32 degrees awarded), Parks, Recreation, & Leisure (17 degrees), and Communications (14 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 McPherson College are Other managers (283,640 people), Elementary & middle school teachers (197,697 people), Secondary school teachers (153,926 people), Postsecondary teachers (147,372 people), and Software developers (145,877 people).

The most specialized majors at McPherson College in 2023 are Engineering Technologies (32 degrees awarded), Parks, Recreation, & Leisure (17 degrees), Communications (14 degrees), Visual & Performing Arts (15 degrees), and Math & Statistics (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 McPherson 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 McPherson College are Engineering Technologies (32 degrees awarded), Parks, Recreation, & Leisure (17 degrees), Communications (14 degrees), Visual & Performing Arts (15 degrees), and Math & Statistics (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 McPherson College are Elementary & secondary schools (317,151 people), Colleges, universities & professional schools, including junior colleges (178,683 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (150,759 people), Individual & family services (112,887 people), and Legal services (105,563 people).

Majors Awarded

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

Most Common (2023)

General Business Administration & Management
40 degrees awarded
Other Related Mechanical Engineering Technologies
32 degrees awarded
Graphic Design
12 degrees awarded

In 2023, the most common bachelors degree concentration at McPherson College was General Business Administration & Management with 40 degrees awarded.

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

Sex Breakdown for Common Majors

117

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 117 degrees were awarded to men at McPherson College, which is 1.77 times more than the number of degrees awarded to females (66).

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

Most Common Male Majors

In 2023, 30 degrees were awarded to men at McPherson College in Other Related Mechanical Engineering Technologies, which is 15 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2023, 11 degrees were awarded to men at McPherson College in General Business Administration & Management, which is 0.379 times less than the 29 male recipients with that same degree.

Time to Complete

43%

100% Completion Time

53%

150% Completion Time

In 2023, 43% of students graduating from McPherson College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 53% completed their degrees within 150% of the normal time, and 54% 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 McPherson 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, 4.81% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
99 degrees awarded
Hispanic or Latino
31 degrees awarded
Black or African American
17 degrees awarded

The most common race/ethnicity at McPherson College is white (99 degrees awarded). There were 3.19 times more white recipients than the next closest race/ethnicity group, hispanic or latino (31 degrees).

2.73% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
55 degrees awarded
White Female
44 degrees awarded
Hispanic or Latino Male
21 degrees awarded

The most common race/ethnicity and sex grouping at McPherson College is white male (55 degrees awarded). There were 1.25 times more white male recipients than the next closest race/ethnicity group, white female (44 degrees).

Operations

McPherson College has an endowment valued at nearly $692M, as of the end of the 2023 fiscal year. The return on its endowment was of 4.28M (0.619%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, McPherson College had a total salary expenditure of 25.9M. McPherson College employs 21 Assistant professors, 16 Professors and 15 Associate professors. Most academics at McPherson College are Female Assistant professor (13), Male Associate professor (11), and Male Professor (10).

The most common positions for non-instructional staff at McPherson College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 25 employees, Business and Financial Operations, with 17 employees, and Management with 13 employees.

Endowment

$692M

2023 Endowment

1.2k%

growth from 2022

McPherson College has an endowment valued at about $692M, as of the end of the 2023 fiscal year. The endowment of McPherson College grew 1.2k% from the previous year. The value of their endowment was $641M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at McPherson 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

$9.72M

2023 Salaries

10.6%

growth from 2022

In 2023, McPherson College paid a median of $9.72M in salaries, which represents 37.5% of their overall expenditure ($25.9M) and a 10.6% growth from the previous year. This is compared to a 8.06% growth between 2021 and 2022, and a 2.3% decline between 2020 and 2021.

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

Instructional Salaries

$3.58M

Instructional Salaries

Number of Employees

In 2023, McPherson College paid a total of $3.58M to 53 employees working as instructors, which represents 36.8% 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

21 Employees

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

Most Common Non-Instructional Employee

25 Employees

In 2023, the most common positions for instructional staff at McPherson College were Assistant professor with 21 employees, Professor with 16 employees, and Associate professor with 15 employees.

In 2023, the most common positions for non-instructional staff at McPherson College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 25 employees, Business and Financial Operations with 17 employees, and Management with 13 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Associate professor
Male Professor

In 2023, the most common demographic for instructional staff at McPherson College was Female Assistant professor with 13 employees, Male Associate professor with 11 employees, and Male Professor with 10 employees.

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

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