Roanoke College (233426)

www.roanoke.edu

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2023 Undergraduate Tuition

$34,820

3.91% growth from 2022

2023 Average Net Price

$27,695

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

80.1%

6,829 Applicants

2023 Enrolled Students

1,835

96.9% Full-Time

2023 Graduation Rate

65.9%

367 Graduates

About

Roanoke College (233426) is a higher education institution located in Salem city, VA. In 2023, the most popular Bachelors Degree concentrations at Roanoke College (233426) were General Business Administration & Management (72 degrees awarded), General Psychology (39 degrees), and General Biological Sciences (39 degrees).

In 2023, 477 degrees were awarded across all undergraduate and graduate programs at Roanoke College (233426). 58.1% of these degrees were awarded to women, and 41.9% awarded men. The most common race/ethnicity group of degree recipients was white (410 degrees), 24.1 times more than then the next closest race/ethnicity group, black or african american (17 degrees).

The median undergraduate tuition at Roanoke College (233426) is $34,820, which is $5,540 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Roanoke College (233426) was 0%, corresponding to 0 out of the 497 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Roanoke College (233426) is $34,820, which is $5,540 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $27,695.

In 2023, 97% of undergraduate students attending Roanoke College (233426) received financial aid through grants. Comparatively, 81% of undergraduate students received financial aid through loans.

Tuition Costs

$34,820

2023 Undergraduate Tuition

In 2023, the cost of tuition at Roanoke College (233426) was $34,820. The cost of tuition at Roanoke College (233426) is $5,540 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Roanoke College (233426) (in red) with those of other similar universities.

Average Net Price

$27,695

2023 Value

5.05%

1 Year Growth

In 2023 Roanoke College (233426) had an average net price — the price paid after factoring in grants and loans — of $27,695. Between 2022 and 2023, the average net price of Roanoke College (233426) grew by 5.05%.

This chart compares the average net price of Roanoke College (233426) (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

$15,559

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Roanoke College (233426) was of $15,559 in 2023. The cost of room and board increased by 2.71% 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 Roanoke College (233426) (in red) with that of similar universities.

Financial Aid by Income Level

97%

Undergraduates Receiving Financial Aid through Grants

81%

Undergraduates Receiving Financial Aid through Loans

97% of undergraduate students at Roanoke College (233426) received financial aid through grants or loans in 2023. This represents a decline of 2.02% with respect to 2022, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Roanoke College (233426) (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 Roanoke College (233426) was 0%, which represents 0 out of the 497 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

Roanoke College (233426) received 6,829 undergraduate applications in 2023, which represents a 35.1% annual growth. Out of those 6,829 applicants, 5,468 students were accepted for enrollment, representing a 80.1% acceptance rate.

There were 1,835 students enrolled at Roanoke College (233426) in 2023. 29% of first-time enrollees submitted SAT scores with their applications.

Roanoke College (233426) has an overall enrollment yield of 9.71%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

80.1%

Acceptance Rate in 2023

5,468

Accepted Out of 6,829

In 2023, the undergraduate acceptance rate of Roanoke College (233426) was 80.1% (5,468 admissions from 6,829 applications). This is higher than the acceptance rate of 2022, which was 79.8%. Between 2022 and 2023, the number of applicants grew by 35.1%, while admissions grew by 35.6%.

This chart compares the acceptance rate of Roanoke College (233426) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

29%

Submission Percentage (2023)

155

Scores Submitted (2023)

29% of enrolled first-time students at Roanoke College (233426) 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

Roanoke College (233426) had a total enrollment of 1,835 students in 2023. The full-time enrollment at Roanoke College (233426) is 1,779 students and the part-time enrollment is 56. This means that 96.9% of students enrolled at Roanoke College (233426) are enrolled full-time.

The enrolled student population at Roanoke College (233426), both undergraduate and graduate, is 77.1% White, 6.49% Hispanic or Latino, 6.32% Black or African American, 3.87% Two or More Races, 1.8% Asian, 0.327% American Indian or Alaska Native, and 0.109% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Roanoke College (233426) in full-time Undergraduate programs are most commonly White Female (42.3%), followed by White Male (36%) and Hispanic or Latino Female (3.63%). Students enrolled in full-time Graduate programs are most commonly White Male (72.7%), followed by White Female (18.2%) and Hispanic or Latino Male (9.09%).

Full-Time vs Part-Time Enrollment

96.9%

Full-Time Enrollment

The total enrollment at Roanoke College (233426) in 2023, both undergraduate and graduate, is 1,835 students. The full-time enrollment at Roanoke College (233426) is 1,779 and the part-time enrollment is 56. This means that 96.9% of students enrolled at Roanoke College (233426) are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Roanoke College (233426) (in red) compares to similar universities.

Retention Rate over Time

78%

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 Roanoke College (233426) was 78%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Roanoke College (233426) had a retention rate higher than its peers.

This chart shows the retention rate over time at Roanoke College (233426) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,415 enrolled students
Hispanic or Latino
119 enrolled students
Black or African American
116 enrolled students

The enrolled student population at Roanoke College (233426) is 77.1% White, 6.49% Hispanic or Latino, 6.32% Black or African American, 3.87% Two or More Races, 1.8% Asian, 0.327% American Indian or Alaska Native, and 0.109% 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, 0 students (0%) did not report their race.

Graduates

In 2023, 77 more women than men received degrees from Roanoke College (233426). The most common race/ethnicity group of degree recipients at Roanoke College (233426) is white (410 degrees awarded). There were 24.1 times more white recipients than the next closest race/ethnicity group, black or african american (17 degrees).

The most common Bachelor's Degree concentration at Roanoke College (233426) is General Business Administration & Management (72 degrees awarded), followed by General Psychology (39 degrees) and General Biological Sciences (39 degrees).

In 2023, the most specialized majors across all degree types at Roanoke College (233426), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (49 degrees awarded), Physical Sciences (29 degrees), and History (16 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 Roanoke College (233426) are Other managers (209,741 people), Elementary & middle school teachers (191,679 people), Lawyers, & judges, magistrates, & other judicial workers (189,502 people), Postsecondary teachers (186,346 people), and Secondary school teachers (167,728 people).

The most specialized majors at Roanoke College (233426) in 2023 are Parks, Recreation, & Leisure (49 degrees awarded), Physical Sciences (29 degrees), History (16 degrees), Natural Resources & Conservation (13 degrees), and English (19 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 Roanoke College (233426) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Roanoke College (233426) are Parks, Recreation, & Leisure (49 degrees awarded), Physical Sciences (29 degrees), History (16 degrees), Natural Resources & Conservation (13 degrees), and English (19 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 Roanoke College (233426) 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 Roanoke College (233426).

Most Common (2023)

General Business Administration & Management
72 degrees awarded
General Psychology
39 degrees awarded
General Biological Sciences
39 degrees awarded

In 2023, the most common bachelors degree concentration at Roanoke College (233426) was General Business Administration & Management with 72 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Roanoke College (233426) according to their major.

Sex Breakdown for Common Majors

200

Degrees Awarded to Men

in 2023

277

Degrees Awarded to Women

in 2023

In 2023, 200 degrees were awarded to men at Roanoke College (233426), which is 0.722 times less than the number of degrees awarded to females (277).

This chart displays the sex disparity between the top 5 majors at Roanoke College (233426) by degrees awarded.

Most Common Male Majors

In 2023, 51 degrees were awarded to men at Roanoke College (233426) in General Business Administration & Management, which is 2.43 times more than the 21 female recipients with that same degree.

Most Common Female Majors

In 2023, 29 degrees were awarded to men at Roanoke College (233426) in General Psychology, which is 2.9 times more than the 10 male recipients with that same degree.

Time to Complete

66%

100% Completion Time

70%

150% Completion Time

In 2023, 66% of students graduating from Roanoke College (233426) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 70% 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 Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Roanoke College (233426) is Male 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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
410 degrees awarded
Black or African American
17 degrees awarded
Hispanic or Latino
14 degrees awarded

The most common race/ethnicity at Roanoke College (233426) is white (410 degrees awarded). There were 24.1 times more white recipients than the next closest race/ethnicity group, black or african american (17 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
232 degrees awarded
White Male
178 degrees awarded
Black or African American Female
13 degrees awarded

The most common race/ethnicity and sex grouping at Roanoke College (233426) is white female (232 degrees awarded). There were 1.3 times more white female recipients than the next closest race/ethnicity group, white male (178 degrees).

Operations

Roanoke College (233426) has an endowment valued at nearly $172M, as of the end of the 2023 fiscal year. The return on its endowment was of 14.9M (8.7%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Roanoke College (233426) had a total salary expenditure of 69.6M. Roanoke College (233426) employs 48 Associate professors, 44 No academic ranks and 43 Professors. Most academics at Roanoke College (233426) are Female No academic rank (29), Male Associate professor (25), and Male Professor (23).

The most common positions for non-instructional staff at Roanoke College (233426) are: Management, with 50 employees, Service, with 43 employees, and Office and Administrative Support with 36 employees.

Endowment

$172M

2023 Endowment

7.52%

growth from 2022

Roanoke College (233426) has an endowment valued at about $172M, as of the end of the 2023 fiscal year. The endowment of Roanoke College (233426) grew 7.52% from the previous year. The value of their endowment was $120M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Roanoke College (233426) (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

$30.7M

2023 Salaries

2.87%

growth from 2022

In 2023, Roanoke College (233426) paid a median of $30.7M in salaries, which represents 44% of their overall expenditure ($69.6M) and a 2.87% growth from the previous year. This is compared to a 9.2% growth between 2021 and 2022, and a 6.55% decline between 2020 and 2021.

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

Instructional Salaries

$10.6M

Instructional Salaries

156

Number of Employees

In 2023, Roanoke College (233426) paid a total of $10.6M to 156 employees working as instructors, which represents 34.6% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

48 Employees

Management

Most Common Non-Instructional Employee

50 Employees

In 2023, the most common positions for instructional staff at Roanoke College (233426) were Associate professor with 48 employees, No academic rank with 44 employees, and Professor with 43 employees.

In 2023, the most common positions for non-instructional staff at Roanoke College (233426) were Management with 50 employees, Service with 43 employees, and Office and Administrative Support with 36 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female No academic rank
Male Associate professor
Male Professor

In 2023, the most common demographic for instructional staff at Roanoke College (233426) was Female No academic rank with 29 employees, Male Associate professor with 25 employees, and Male Professor with 23 employees.

This chart shows the sex split between each academic rank present at Roanoke College (233426).

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