Albertus Magnus College

www.albertus.edu

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2021 Undergraduate Tuition

$35,442

3% growth from 2020

2021 Average Net Price

$28,774

After Financial Aid

2019 Student Loan

2.12%

Default Rate

2021 Acceptance Rate

81.7%

1,494 Applicants

2021 Enrolled Students

1,328

83.9% Full-Time

2021 Graduation Rate

56%

75 Graduates

About

Albertus Magnus College is a higher education institution located in New Haven County, CT. In 2021, the most popular Bachelors Degree concentrations at Albertus Magnus College were General Business Administration & Management (50 degrees awarded), General Psychology (33 degrees), and Criminal Justice - Safety Studies (17 degrees).

In 2021, 371 degrees were awarded across all undergraduate and graduate programs at Albertus Magnus College. 69.5% of these degrees were awarded to women, and 30.5% awarded men. The most common race/ethnicity group of degree recipients was black or african american (123 degrees), 1 times more than then the next closest race/ethnicity group, white (123 degrees).

The median undergraduate tuition at Albertus Magnus College is $35,442, which is $12,258 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Albertus Magnus College is $35,442, which is $12,258 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $28,774.

In 2021, 99% of undergraduate students attending Albertus Magnus College received financial aid through grants. Comparatively, 78% of undergraduate students received financial aid through loans.

Tuition Costs

$35,442

2021 Undergraduate Tuition

In 2021, the cost of tuition at Albertus Magnus College was $35,442. The cost of tuition at Albertus Magnus College is $12,258 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

Average Net Price

$28,774

2021 Value

4.66%

1 Year Growth

In 2021 Albertus Magnus College had an average net price — the price paid after factoring in grants and loans — of $28,774. Between 2020 and 2021, the average net price of Albertus Magnus College grew by 4.66%.

This chart compares the average net price of Albertus Magnus 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

$14,354

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Albertus Magnus College was of $14,354 in 2021. The cost of room and board increased by 3.08% between 2020 and 2021.

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 Albertus Magnus College (in red) with that of similar universities.

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

78%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Albertus Magnus College received financial aid through grants or loans in 2021. This represents a growth of 13.8% with respect to 2020, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at Albertus Magnus 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.

2.12%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Albertus Magnus College was 2.12%, which represents 13 out of the 613 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

Albertus Magnus College received 1,494 undergraduate applications in 2021, which represents a 12% annual growth. Out of those 1,494 applicants, 1,221 students were accepted for enrollment, representing a 81.7% acceptance rate.

There were 1,328 students enrolled at Albertus Magnus College in 2021.

Albertus Magnus College has an overall enrollment yield of 15.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

81.7%

Acceptance Rate in 2021

1,221

Accepted Out of 1,494

In 2021, the undergraduate acceptance rate of Albertus Magnus College was 81.7% (1,221 admissions from 1,494 applications). This is higher than the acceptance rate of 2020, which was 81.3%. Between 2020 and 2021, the number of applicants grew by 12%, while admissions declined by −11.5%..

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

Enrollment

Albertus Magnus College had a total enrollment of 1,328 students in 2021. The full-time enrollment at Albertus Magnus College is 1,114 students and the part-time enrollment is 214. This means that 83.9% of students enrolled at Albertus Magnus College are enrolled full-time.

The enrolled student population at Albertus Magnus College, both undergraduate and graduate, is 34.4% White, 28.1% Black or African American, 21.5% Hispanic or Latino, 2.48% Two or More Races, 1.05% Asian, and 0.301% American Indian or Alaska Native.

Students enrolled at Albertus Magnus College in full-time Undergraduate programs are most commonly Black or African American Female (19.2%), followed by White Male (17.6%) and White Female (16.9%). Students enrolled in full-time Graduate programs are most commonly White Female (26%), followed by Black or African American Female (24%) and Hispanic or Latino Female (16.3%).

Full-Time vs Part-Time Enrollment

83.9%

Full-Time Enrollment

The total enrollment at Albertus Magnus College in 2021, both undergraduate and graduate, is 1,328 students. The full-time enrollment at Albertus Magnus College is 1,114 and the part-time enrollment is 214. This means that 83.9% of students enrolled at Albertus Magnus College are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

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

Retention Rate over Time

64%

2021 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 Albertus Magnus College was 64%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Albertus Magnus College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
457 enrolled students
Black or African American
373 enrolled students
Hispanic or Latino
286 enrolled students

The enrolled student population at Albertus Magnus College is 34.4% White, 28.1% Black or African American, 21.5% Hispanic or Latino, 2.48% Two or More Races, 1.05% Asian, and 0.301% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% 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, 127 students (9.56%) did not report their race.

Graduates

In 2021, 145 more women than men received degrees from Albertus Magnus College. The most common race/ethnicity group of degree recipients at Albertus Magnus College is black or african american (123 degrees awarded). There were 1 times more black or african american recipients than the next closest race/ethnicity group, white (123 degrees).

The most common Bachelor's Degree concentration at Albertus Magnus College is General Business Administration & Management (50 degrees awarded), followed by General Psychology (33 degrees) and Criminal Justice - Safety Studies (17 degrees).

In 2021, the most specialized majors across all degree types at Albertus Magnus College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Public Administration and Social Service (36 degrees awarded), Protective Services (35 degrees), and Business (156 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 Albertus Magnus College are Accountants & auditors (1,115,477 people), Other managers (955,867 people), Financial managers (563,390 people), Lawyers, & judges, magistrates, & other judicial workers (524,923 people), and Chief executives & legislators (479,715 people).

The most specialized majors at Albertus Magnus College in 2021 are Public Administration and Social Service (36 degrees awarded), Protective Services (35 degrees), Business (156 degrees), Psychology (33 degrees), and Social Sciences (20 degrees) (as of 2021).

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 Albertus Magnus College are Surgeons, Physicians, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Aircraft pilots & flight engineers

The most specialized majors at Albertus Magnus College are Public Administration and Social Service (36 degrees awarded), Protective Services (35 degrees), Business (156 degrees), Psychology (33 degrees), and Social Sciences (20 degrees) (as of 2021).

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 Albertus Magnus College are Elementary & secondary schools (1,096,273 people), Colleges, universities & professional schools, including junior colleges (698,988 people), Justice, public order, & safety activities (691,522 people), Computer Systems Design (646,382 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (622,067 people).

Majors Awarded

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

Most Common (2021)

General Business Administration & Management
50 degrees awarded
General Psychology
33 degrees awarded
Criminal Justice - Safety Studies
17 degrees awarded

In 2021, the most common bachelors degree concentration at Albertus Magnus College was General Business Administration & Management with 50 degrees awarded.

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

Sex Breakdown for Common Majors

113

Degrees Awarded to Men

in 2021

258

Degrees Awarded to Women

in 2021

In 2021, 113 degrees were awarded to men at Albertus Magnus College, which is 0.438 times less than the number of degrees awarded to females (258).

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

Most Common Male Majors

In 2021, 42 degrees were awarded to men at Albertus Magnus College in General Business Administration & Management, which is 0.7 times less than the 60 female recipients with that same degree.

Most Common Female Majors

In 2021, 60 degrees were awarded to men at Albertus Magnus College in General Business Administration & Management, which is 1.43 times more than the 42 male recipients with that same degree.

Time to Complete

52%

100% Completion Time

61%

150% Completion Time

In 2021, 52% of students graduating from Albertus Magnus College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 61% completed their degrees within 150% of the normal time, and 62% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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 Female

Highest Graduation Rate (71%)

The student demographic with the highest graduation rate in 2021 at Albertus Magnus College is Female and White (71% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.9%).

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% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

Black or African American
123 degrees awarded
White
123 degrees awarded
Hispanic or Latino
63 degrees awarded

The most common race/ethnicity at Albertus Magnus College is black or african american (123 degrees awarded). There were 1 times more black or african american recipients than the next closest race/ethnicity group, white (123 degrees).

11.1% of degree recipients (41 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Female
90 degrees awarded
White Female
82 degrees awarded
Hispanic or Latino Female
48 degrees awarded

The most common race/ethnicity and sex grouping at Albertus Magnus College is black or african american female (90 degrees awarded). There were 1.1 times more black or african american female recipients than the next closest race/ethnicity group, white female (82 degrees).

Operations

Albertus Magnus College has an endowment valued at nearly $34.6M, as of the end of the 2021 fiscal year. The return on its endowment was of 11.5M (33.4%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Albertus Magnus College had a total salary expenditure of 33.5M. Albertus Magnus College employs 18 Professors, 17 Assistant professors and 10 Associate professors. Most academics at Albertus Magnus College are Male Professor (11), Female Assistant professor (11), and Female Professor (7).

The most common positions for non-instructional staff at Albertus Magnus College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 28 employees, Management, with 26 employees, and Business and Financial Operations with 25 employees.

Endowment

$34.6M

2021 Endowment

33.8%

growth from 2020

Albertus Magnus College has an endowment valued at about $34.6M, as of the end of the 2021 fiscal year. The endowment of Albertus Magnus College grew 33.8% from the previous year. The value of their endowment was $15.9M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

Salary Expenditure

$15.8M

2021 Salaries

0.574%

decline from 2020

In 2021, Albertus Magnus College paid a median of $15.8M in salaries, which represents 47.3% of their overall expenditure ($33.5M) and a 0.574% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$3.64M

Instructional Salaries

Number of Employees

In 2021, Albertus Magnus College paid a total of $3.64M to 46 employees working as instructors, which represents 22.9% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

18 Employees

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

Most Common Non-Instructional Employee

28 Employees

In 2021, the most common positions for instructional staff at Albertus Magnus College were Professor with 18 employees, Assistant professor with 17 employees, and Associate professor with 10 employees.

In 2021, the most common positions for non-instructional staff at Albertus Magnus College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 28 employees, Management with 26 employees, and Business and Financial Operations with 25 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Assistant professor
Female Professor

In 2021, the most common demographic for instructional staff at Albertus Magnus College was Male Professor with 11 employees, Female Assistant professor with 11 employees, and Female Professor with 7 employees.

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