Granite State College

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2017 Undergraduate Tuition

$7,368

2.33% growth from 2016

2017 Average Net Price

$12,905

After Financial Aid

2016 Student Loan

9.78%

Default Rate

2017 Enrolled Students

2,019

42.1% Full-Time

2017 Graduation Rate

11.1%

2 Graduates

About

Granite State College is a higher education institution located in Merrimack County, NH. In 2016, the most popular Bachelor's Degree concentrations at Granite State College were General Business Administration & Management (84 degrees awarded), Other Multidisciplinary Studies (62 degrees), and General Psychology (61 degrees).

In 2017, 667 degrees were awarded across all undergraduate and graduate programs at Granite State College. 70.9% of these degrees were awarded to women, and 29.1% awarded men. The majority of degree recipients were white (576 degrees), 13.7 times more than then the next closest race/ethnicity group, unknown (42 degrees).

The median undergraduate tuition at Granite State College is $7,368, which is $-17,826 less than the national average for Baccalaureate Colleges ($25,194).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

The median undergraduate tuition at Granite State College is $7,368, which is $-17,826 less than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $12,905.

In 2017, 60% of undergraduate students received federal grants, while 64% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$7,368

2017 Undergraduate Tuition

In 2017, the cost of tuition at Granite State College was $7,368. The cost of tuition at Granite State College is $-17,826 less than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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

Average Net Price

$12,905

2017 Value

7.3%

1 Year Growth

In 2017 Granite State College had an average net price — the price paid after factoring in grants and loans — of $12,905. Between 2016 and 2017, the average net price of Granite State College grew by 7.3%.

This chart compares the average net price of Granite State 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

$8,919

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Granite State College was of $8,919 in 2017. During the same period, the average yearly cost of books and supplies was $900. The cost of room and board did not change between 2016 and 2017. The cost of books and supplies did not change during the same period.

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

Financial Aid

Financial Aid by Income Level

60%

Of Undergraduates Receive Grants

64%

Of Undergraduates Receive Federal Loans

60% of undergraduate students at Granite State College received grants or loans in 2017. This represents a growth of 15.4% with respect to 2016, when 52% of undergraduate students received financial aid.

This chart compares the average award discount at Granite State 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.

9.78%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at Granite State College was 9.78%, which represents 90 out of the 920 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

Granite State College has a total enrollment of 2,019 students. The full-time enrollment at Granite State College is 850 students and the part-time enrollment is 1,169. This means that 42.1% of students enrolled at Granite State College are enrolled full-time.

The enrolled student population at Granite State College, both undergraduate and graduate, is 83.7% White, 3.57% Hispanic or Latino, 2.67% Black or African American, 1.54% Two or More Races, 0.991% Asian, 0.347% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Granite State College in full-time Undergraduate programs are majority White Female (59.9%), followed by White Male (24.5%) and Hispanic or Latino Female (2.97%). Students enrolled in full-time Graduate programs are majority White Female (46.5%), followed by White Male (41.9%) and Asian Female (2.33%).

Full-Time vs Part-Time Enrollment

42.1%

Full-Time Enrollment

The total enrollment at Granite State College, both undergraduate and graduate, is 2,019 students. The full-time enrollment at Granite State College is 850 and the part-time enrollment is 1,169. This means that 42.1% of students enrolled at Granite State College are enrolled full-time compared with 80.6% at similar Baccalaureate Colleges.

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

Retention Rate over Time

43%

2017 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 Granite State College was 43%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Granite State College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,689
Hispanic or Latino
72
Black or African American
54

The enrolled student population at Granite State College is 83.7% White, 3.57% Hispanic or Latino, 2.67% Black or African American, 1.54% Two or More Races, 0.991% Asian, 0.347% American Indian or Alaska Native, and 0% 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 54.9% White, 14% Black or African American, and 12.6% Hispanic or Latino.

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, 145 students (7.18%) did not report their race.

Graduates

In 2017, 279 more women than men received degrees from Granite State College. The majority of degree recipients at Granite State College are white (576 degrees awarded). There were 13.7 times more white graduates than the next closest race/ethnicity group, unknown (42 degrees).

The most common Bachelor's Degree concentration at Granite State College is General Business Administration & Management (84 degrees awarded), followed by Other Multidisciplinary Studies (62 degrees) and General Psychology (61 degrees).

The most specialized majors across all degree types at Granite State College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Interdisciplinary Studies (78 degrees awarded), Education (116 degrees), and Psychology (61 degrees).

Workforce

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 Granite State College are Elementary & middle school teachers (2,208,322 people), Accountants & auditors (1,139,144 people), Other managers (749,042 people), Financial managers (454,438 people), and Education administrators (385,062 people).

The most specialized majors at Granite State College are Interdisciplinary Studies (78 degrees awarded), Education (116 degrees), Psychology (61 degrees), Business (207 degrees), and Liberal Arts & Humanities (79 degrees).

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 Granite State College are Surgeons, Geoscientists and hydrologists, except geographers, Physicians, Securities, commodities, & financial services sales agents, and Nurse anesthetists

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 Granite State College are Elementary & secondary schools (3,470,383 people), Colleges, universities & professional schools, including junior colleges (665,888 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (613,595 people), Banking & related activities (544,265 people), and Computer Systems Design (500,154 people).

Degrees

Majors Awarded

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

Most Common

General Business Administration & Management
84 degree-majorss awarded
Other Multidisciplinary Studies
62 degree-majorss awarded
General Psychology
61 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Granite State College was General Business Administration & Management with 84 degree-majorss awarded.

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

Gender Breakdown for Common Majors

Degrees Awarded to Men

In 2017, 194 degrees were awarded to men at Granite State College, which is 0.41 times less than the number of degrees awarded to females (473).

This chart displays the gender disparity between the top 5 majors at Granite State College by degrees awarded.

Most Common Male Majors

In 2017, 43 degrees were awarded to men at Granite State College in General Business Administration & Management, which is 0.581 times less than the 74 female recipients with that same degree.

Most Common Female Majors

In 2017, 74 degrees were awarded to women at Granite State College in General Business Administration & Management, which is 1.72 times more than the 43 male recipients with that same degree.

Time to Complete

23%

100% Completion Time

23%

150% Completion Time

In 2017, 23% of students graduating from Granite State College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 23% completed their degrees within 150% of the normal time, and 23% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

White Male

Highest Graduation Rate (20%)

The student demographic with the highest graduation rate at Granite State College is Male and White (20% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (68.1%).

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

White
576 degrees awarded
Unknown
42 degrees awarded
Hispanic or Latino
16 degrees awarded

The most common race/ethnicity at Granite State College is white (576 degrees awarded). There were 13.7 times more white recipients than the next closest race/ethnicity group, unknown (42 degrees).

6.3% of degree recipients (42 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
414 degrees awarded
White Male
162 degrees awarded
Black or African American Female
8 degrees awarded

The most common race/ethnicity and gender grouping at Granite State College is white female (414 degrees awarded). There were 2.56 times more white female recipients than the next closest race/ethnicity group, white male (162 degrees).

Operations

Granite State College has an endowment valued at nearly $6.68M, as of the end of the 2017 fiscal year. The return on its endowment was of $204k (3.05%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Granite State College had a total salary expenditure of $17.6M. Granite State College employs 11 Lecturers, 0 N/A, and 0 N/A. Most academics at Granite State College are Female Lecturers (10), Male Lecturers(1), and N/A (0).

The most common positions for non-instructional staff at Granite State College are: Management, with 31 employees, Office and Administrative Support, with 22 employees, and Business and Financial Operations with 15 employees.

Finances

Endowment

$6.68M

2017 Endowment

17.3%

growth from 2016

Granite State College has an endowment valued at about $6.68M, as of the end of the 2017 fiscal year. The endowment of Granite State College grew 17.3% from the previous year. The value of their endowment was $30.4M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Granite State 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.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$1.2M - State
$0 - Local

As of 2017, Granite State College received $0 in grants and contracts from the federal government, $1.2M from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$9.99M

2017 Salaries

5.96%

growth from 2016

In 2017, Granite State College paid a median of $9.99M in salaries, which represents 56.6% of their overall expenditure ($17.6M) and a 5.96% growth from the previous year. This is compared to a 6.97% growth from 2015 and a 3.95% growth from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

Instructional Salaries

$717k

Instructional Salaries

Number of Employees

In 2017, Granite State College paid a total of $717k to 11 employees working as instructors, which represents 7.18% of all salaries paid.

This is compared to a median of $4.89M (34.4%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Lecturer

Most Common Instructor

11 Employees

Management

Most Common Non-Instructional Employee

31 Employees

In 2017, the most common positions for instructional staff at Granite State College were Lecturer with 11 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Granite State College were Management with 31 employees; Office and Administrative Support with 22 employees; and Business and Financial Operations with 15 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Female Lecturer
Male Lecturer
false

In 2017, the most common demographic for instructional staff at Granite State College was Female Lecturer with 10 employees, Male Lecturer with 1 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Granite State College.

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