Olney Central College

www.iecc.edu/occ

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2023 Undergraduate Tuition

$3,300

3.13% growth from 2022

2023 Average Net Price

$10,409

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

880

51.6% Full-Time

2023 Graduation Rate

62.1%

123 Graduates

About

Olney Central College is a higher education institution located in Richland County, IL. In 2023, the most popular Associates Degree concentrations at Olney Central College were Liberal Arts & Sciences (105 degrees awarded), Registered Nursing (82 degrees), and General Studies (26 degrees).

In 2023, 584 degrees were awarded across all undergraduate and graduate programs at Olney Central College. 60.3% of these degrees were awarded to women, and 39.7% awarded men. The most common race/ethnicity group of degree recipients was white (531 degrees), 23.1 times more than then the next closest race/ethnicity group, hispanic or latino (23 degrees).

The median undergraduate tuition at Olney Central College is $3,300, which is $−4,953 less than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at Olney Central College was 0%, corresponding to 0 out of the 279 total borrowers.

Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional Associates Colleges

Costs

In 2023, the median undergraduate tuition at Olney Central College is $3,300, which is $4,953 less than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $10,409.

In 2023, 94% of undergraduate students attending Olney Central College received financial aid through grants. Comparatively, 7% of undergraduate students received financial aid through loans.

Tuition Costs

$3,300

2023 Undergraduate Tuition

In 2023, the cost of tuition at Olney Central College was $3,300. The cost of tuition at Olney Central College is $−4,953 less than than the overall (public and private) national average for Associates Colleges ($8,253).

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

Average Net Price

$10,409

2023 Value

122%

1 Year Growth

In 2023 Olney Central College had an average net price — the price paid after factoring in grants and loans — of $10,409. Between 2022 and 2023, the average net price of Olney Central College grew by 122%.

This chart compares the average net price of Olney Central 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

$7,338

Room and Board

$1,460

Books and Supplies

The average yearly cost of room and board at Olney Central College was of $7,338 in 2023. The cost of room and board increased by 6.78% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,460. The cost of books and supplies increased by 54.3% during the same period.

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

Financial Aid by Income Level

94%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Olney Central College received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Olney Central 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 Olney Central College was 0%, which represents 0 out of the 279 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

Olney Central College had a total enrollment of 880 students in 2023. The full-time enrollment at Olney Central College is 454 students and the part-time enrollment is 426. This means that 51.6% of students enrolled at Olney Central College are enrolled full-time.

The enrolled student population at Olney Central College, both undergraduate and graduate, is 87.7% White, 3.18% Hispanic or Latino, 1.82% Two or More Races, 1.02% Black or African American, 0.682% Asian, 0.455% American Indian or Alaska Native, and 0.114% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Olney Central College in full-time Undergraduate programs are most commonly White Female (47.2%), followed by White Male (40%) and Hispanic or Latino Female (1.96%).

Full-Time vs Part-Time Enrollment

51.6%

Full-Time Enrollment

The total enrollment at Olney Central College in 2023, both undergraduate and graduate, is 880 students. The full-time enrollment at Olney Central College is 454 and the part-time enrollment is 426. This means that 51.6% of students enrolled at Olney Central 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 Olney Central College (in red) compares to similar universities.

Retention Rate over Time

72%

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 Olney Central College was 72%. Compared with the full-time retention rate at similar Associates Colleges (64%), Olney Central College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
772 enrolled students
Hispanic or Latino
28 enrolled students
Two or More Races
16 enrolled students

The enrolled student population at Olney Central College is 87.7% White, 3.18% Hispanic or Latino, 1.82% Two or More Races, 1.02% Black or African American, 0.682% Asian, 0.455% American Indian or Alaska Native, and 0.114% 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.

Graduates

In 2023, 120 more women than men received degrees from Olney Central College. The most common race/ethnicity group of degree recipients at Olney Central College is white (531 degrees awarded). There were 23.1 times more white recipients than the next closest race/ethnicity group, hispanic or latino (23 degrees).

The most common Associates Degree concentration at Olney Central College is Liberal Arts & Sciences (105 degrees awarded), followed by Registered Nursing (82 degrees) and General Studies (26 degrees).

In 2023, the most specialized majors across all degree types at Olney Central College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Mechanical Technologies (59 degrees awarded), Liberal Arts & Humanities (234 degrees), and Precision Production (26 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Olney Central College are Registered nurses (1,542,566 people), Accountants & auditors (1,025,440 people), Other managers (779,070 people), Financial managers (521,050 people), and Chief executives & legislators (408,945 people).

The most specialized majors at Olney Central College in 2023 are Mechanical Technologies (59 degrees awarded), Liberal Arts & Humanities (234 degrees), Precision Production (26 degrees), Health (206 degrees), and Personal & Culinary Services (17 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 Olney Central College are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Olney Central College are Mechanical Technologies (59 degrees awarded), Liberal Arts & Humanities (234 degrees), Precision Production (26 degrees), Health (206 degrees), and Personal & Culinary Services (17 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 Olney Central College are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

Majors Awarded

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

Most Common (2023)

Liberal Arts & Sciences
105 degrees awarded
Registered Nursing
82 degrees awarded
General Studies
26 degrees awarded

In 2023, the most common associates degree concentration at Olney Central College was Liberal Arts & Sciences with 105 degrees awarded.

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

Sex Breakdown for Common Majors

232

Degrees Awarded to Men

in 2023

352

Degrees Awarded to Women

in 2023

In 2023, 232 degrees were awarded to men at Olney Central College, which is 0.659 times less than the number of degrees awarded to females (352).

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

Most Common Male Majors

In 2023, 118 degrees were awarded to men at Olney Central College in Liberal Arts & Sciences, which is 1.31 times more than the 90 female recipients with that same degree.

Most Common Female Majors

In 2023, 90 degrees were awarded to men at Olney Central College in Liberal Arts & Sciences, which is 0.763 times less than the 118 male recipients with that same degree.

Time to Complete

46%

100% Completion Time

59%

150% Completion Time

In 2023, 46% of students graduating from Olney Central College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 60% 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.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Olney Central College is Female and Two or More Races (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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
531 degrees awarded
Hispanic or Latino
23 degrees awarded
Asian
11 degrees awarded

The most common race/ethnicity at Olney Central College is white (531 degrees awarded). There were 23.1 times more white recipients than the next closest race/ethnicity group, hispanic or latino (23 degrees).

0.171% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
322 degrees awarded
White Male
209 degrees awarded
Hispanic or Latino Male
12 degrees awarded

The most common race/ethnicity and sex grouping at Olney Central College is white female (322 degrees awarded). There were 1.54 times more white female recipients than the next closest race/ethnicity group, white male (209 degrees).

Operations

Olney Central College employs 17 Instructors, 11 Assistant professors and 6 Professors. Most academics at Olney Central College are Female Instructor (12), Female Assistant professor (6), and Male Assistant professor (5).

The most common positions for non-instructional staff at Olney Central College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 10 employees, Service, with 9 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 4 employees.

Salary Expenditure

$5.65M

2023 Salaries

8.49%

growth from 2022

In 2023, Olney Central College paid a median of $5.65M in salaries, a 8.49% growth from the previous year. This is compared to a 9.51% growth between 2021 and 2022, and a 5.39% decline between 2020 and 2021.

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

Instructional Salaries

$2.53M

Instructional Salaries

Number of Employees

In 2023, Olney Central College paid a total of $2.53M to 40 employees working as instructors, which represents 44.8% 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

17 Employees

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

Most Common Non-Instructional Employee

10 Employees

In 2023, the most common positions for instructional staff at Olney Central College were Instructor with 17 employees, Assistant professor with 11 employees, and Professor with 6 employees.

In 2023, the most common positions for non-instructional staff at Olney Central College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 10 employees, Service with 9 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 4 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Instructor
Female Assistant professor
Male Assistant professor

In 2023, the most common demographic for instructional staff at Olney Central College was Female Instructor with 12 employees, Female Assistant professor with 6 employees, and Male Assistant professor with 5 employees.

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

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