New River Community College

www.nr.edu

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2023 Undergraduate Tuition

$4,758

2.99% growth from 2022

2023 Average Net Price

$6,929

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

4,156

35.1% Full-Time

2023 Graduation Rate

43.8%

192 Graduates

About

New River Community College is a higher education institution located in Pulaski County, VA. In 2023, the most popular Associates Degree concentrations at New River Community College were Liberal Arts & Sciences (259 degrees awarded), Registered Nursing (46 degrees), and Industrial Electronics Technology (43 degrees).

In 2023, 888 degrees were awarded across all undergraduate and graduate programs at New River Community College. 40.8% of these degrees were awarded to women, and 59.2% awarded men. The most common race/ethnicity group of degree recipients was white (795 degrees), 26.5 times more than then the next closest race/ethnicity group, hispanic or latino (30 degrees).

The median undergraduate tuition at New River Community College is $4,758, which is $−3,495 less than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at New River Community College was 0%, corresponding to 0 out of the 280 total borrowers.

Associates Colleges: High Transfer-High Nontraditional Associates Colleges

Costs

In 2023, the median undergraduate tuition at New River Community College is $4,758, which is $3,495 less than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $6,929.

In 2023, 37% of undergraduate students attending New River Community College received financial aid through grants. Comparatively, 3% of undergraduate students received financial aid through loans.

Tuition Costs

$4,758

2023 Undergraduate Tuition

In 2023, the cost of tuition at New River Community College was $4,758. The cost of tuition at New River Community College is $−3,495 less than than the overall (public and private) national average for Associates Colleges ($8,253).

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

Average Net Price

$6,929

2023 Value

15.7%

1 Year Growth

In 2023 New River Community College had an average net price — the price paid after factoring in grants and loans — of $6,929. Between 2022 and 2023, the average net price of New River Community College grew by 15.7%.

This chart compares the average net price of New River Community 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

$6,000

Room and Board

$2,000

Books and Supplies

The average yearly cost of room and board at New River Community College was of $6,000 in 2023. The cost of room and board did not change between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $2,000. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

37%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

37% of undergraduate students at New River Community College received financial aid through grants or loans in 2023. This represents a decline of 5.13% with respect to 2022, when 39% of undergraduate students received financial aid.

This chart compares the average award discount at New River Community 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 New River Community College was 0%, which represents 0 out of the 280 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.

Enrollment

New River Community College had a total enrollment of 4,156 students in 2023. The full-time enrollment at New River Community College is 1,458 students and the part-time enrollment is 2,698. This means that 35.1% of students enrolled at New River Community College are enrolled full-time.

The enrolled student population at New River Community College, both undergraduate and graduate, is 78.7% White, 5.22% Hispanic or Latino, 4.19% Black or African American, 3.95% Two or More Races, 3.15% Asian, 0.265% American Indian or Alaska Native, and 0.0481% Native Hawaiian or Other Pacific Islanders.

Students enrolled at New River Community College in full-time Undergraduate programs are most commonly White Male (42.5%), followed by White Female (36.3%) and Hispanic or Latino Male (3.18%).

Full-Time vs Part-Time Enrollment

35.1%

Full-Time Enrollment

The total enrollment at New River Community College in 2023, both undergraduate and graduate, is 4,156 students. The full-time enrollment at New River Community College is 1,458 and the part-time enrollment is 2,698. This means that 35.1% of students enrolled at New River Community 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 New River Community College (in red) compares to similar universities.

Retention Rate over Time

68%

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 New River Community College was 68%. Compared with the full-time retention rate at similar Associates Colleges (64%), New River Community College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
3,269 enrolled students
Hispanic or Latino
217 enrolled students
Black or African American
174 enrolled students

The enrolled student population at New River Community College is 78.7% White, 5.22% Hispanic or Latino, 4.19% Black or African American, 3.95% Two or More Races, 3.15% Asian, 0.265% American Indian or Alaska Native, and 0.0481% 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, 124 students (2.98%) did not report their race.

Graduates

In 2023, 164 fewer women than men received degrees from New River Community College. The most common race/ethnicity group of degree recipients at New River Community College is white (795 degrees awarded). There were 26.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (30 degrees).

The most common Associates Degree concentration at New River Community College is Liberal Arts & Sciences (259 degrees awarded), followed by Registered Nursing (46 degrees) and Industrial Electronics Technology (43 degrees).

In 2023, the most specialized majors across all degree types at New River Community College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (173 degrees awarded), Precision Production (68 degrees), and Construction (37 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at New River Community College are Elementary & middle school teachers (92,497 people), Other managers (71,128 people), Construction managers (48,470 people), Software developers (40,084 people), and Education administrators (28,290 people).

The most specialized majors at New River Community College in 2023 are Engineering Technologies (173 degrees awarded), Precision Production (68 degrees), Construction (37 degrees), Mechanical Technologies (69 degrees), and Liberal Arts & Humanities (300 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 New River Community College are Surgeons, Cardiovascular technologists and technicians, Skincare specialists, Broadcast announcers and radio disc jockeys, and Physicians

The most specialized majors at New River Community College are Engineering Technologies (173 degrees awarded), Precision Production (68 degrees), Construction (37 degrees), Mechanical Technologies (69 degrees), and Liberal Arts & Humanities (300 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 New River Community College are Elementary & secondary schools (190,258 people), Construction (114,154 people), Computer Systems Design (62,710 people), Colleges, universities & professional schools, including junior colleges (57,242 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (49,739 people).

Majors Awarded

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

Most Common (2023)

Liberal Arts & Sciences
259 degrees awarded
Registered Nursing
46 degrees awarded
Industrial Electronics Technology
43 degrees awarded

In 2023, the most common associates degree concentration at New River Community College was Liberal Arts & Sciences with 259 degrees awarded.

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

Sex Breakdown for Common Majors

526

Degrees Awarded to Men

in 2023

362

Degrees Awarded to Women

in 2023

In 2023, 526 degrees were awarded to men at New River Community College, which is 1.45 times more than the number of degrees awarded to females (362).

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

Most Common Male Majors

In 2023, 129 degrees were awarded to men at New River Community College in Liberal Arts & Sciences, which is 0.992 times less than the 130 female recipients with that same degree.

Most Common Female Majors

In 2023, 130 degrees were awarded to men at New River Community College in Liberal Arts & Sciences, which is 1.01 times more than the 129 male recipients with that same degree.

Time to Complete

33%

100% Completion Time

47%

150% Completion Time

In 2023, 33% of students graduating from New River Community College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 47% completed their degrees within 150% of the normal time, and 51% 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.

White Male

Highest Graduation Rate (49%)

The student demographic with the highest graduation rate in 2023 at New River Community College is Male and White (49% 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, 1.04% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
795 degrees awarded
Hispanic or Latino
30 degrees awarded
Two or More Races
18 degrees awarded

The most common race/ethnicity at New River Community College is white (795 degrees awarded). There were 26.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (30 degrees).

1.8% of degree recipients (16 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
475 degrees awarded
White Female
320 degrees awarded
Hispanic or Latino Male
19 degrees awarded

The most common race/ethnicity and sex grouping at New River Community College is white male (475 degrees awarded). There were 1.48 times more white male recipients than the next closest race/ethnicity group, white female (320 degrees).

Operations

New River Community College has an endowment valued at nearly $17.8M, as of the end of the 2023 fiscal year. The return on its endowment was of −1.11M (−6.2%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.

In 2023, New River Community College had a total salary expenditure of 30.5M. New River Community College employs 16 Professors, 15 Assistant professors and 8 Associate professors. Most academics at New River Community College are Male Assistant professor (10), Female Professor (9), and Male Professor (7).

The most common positions for non-instructional staff at New River Community College are: Management, with 38 employees, Office and Administrative Support, with 15 employees, and Computer, Engineering, and Science with 10 employees.

Endowment

$17.8M

2023 Endowment

10.9%

decline from 2022

New River Community College has an endowment valued at about $17.8M, as of the end of the 2023 fiscal year. The endowment of New River Community College declined 10.9% from the previous year. The value of their endowment was $12M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at New River Community 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 Nontraditional Carnegie Classification grouping.

Salary Expenditure

$14.5M

2023 Salaries

decline from 2022

In 2023, New River Community College paid a median of $14.5M in salaries, which represents 47.5% of their overall expenditure ($30.5M) and a 1% decline from the previous year. This is compared to a 0.265% growth between 2021 and 2022, and a 6.44% growth between 2020 and 2021.

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

Instructional Salaries

$3.51M

Instructional Salaries

Number of Employees

In 2023, New River Community College paid a total of $3.51M to 46 employees working as instructors, which represents 24.2% of all salaries paid.

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

Occupations by Share

Professor

Most Common Instructor

16 Employees

Management

Most Common Non-Instructional Employee

38 Employees

In 2023, the most common positions for instructional staff at New River Community College were Professor with 16 employees, Assistant professor with 15 employees, and Associate professor with 8 employees.

In 2023, the most common positions for non-instructional staff at New River Community College were Management with 38 employees, Office and Administrative Support with 15 employees, and Computer, Engineering, and Science with 10 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Assistant professor
Female Professor
Male Professor

In 2023, the most common demographic for instructional staff at New River Community College was Male Assistant professor with 10 employees, Female Professor with 9 employees, and Male Professor with 7 employees.

This chart shows the sex split between each academic rank present at New River Community College.

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