Meredith College

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2016 Undergraduate Tuition

$34,807

3.5% growth from 2015

2016 Average Net Price

$25,597

After Financial Aid

2015 Student Loan

5.21%

Default Rate

2016 Acceptance Rate

60.8%

1,923 Applicants

2016 Enrolled Students

1,981

88.9% Full-Time

2016 Graduation Rate

60.9%

223 Graduates

About

Meredith College is a higher education institution located in Wake County, NC. In 2016, the most popular Bachelor's Degree concentrations at Meredith College were General Psychology (48 degrees awarded), General Biological Sciences (36 degrees), and General Business Administration & Management (32 degrees).

In 2016, 579 degrees were awarded across all undergraduate and graduate programs at Meredith College. 97.2% of these degrees were awarded to women, and 2.76% awarded men. The majority of degree recipients were white (402 degrees), 6.38 times more than then the next closest race/ethnicity group, black or african american (63 degrees).

The median undergraduate tuition at Meredith College is $34,807, which is $10,392 more than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Meredith College is $34,807, which is $10,392 more than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $25,597.

In 2016, 95% of undergraduate students received federal grants, while 65% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$34,807

2016 Undergraduate Tuition

In 2016, the cost of tuition at Meredith College was $34,807. The cost of tuition at Meredith College is $10,392 more than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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

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Average Net Price

$25,597

2016 Value

4.49%

1 Year Growth

In 2016 Meredith College had an average net price — the price paid after factoring in grants and loans — of $25,597. Between 2015 and 2016, the average net price of Meredith College grew by 4.49%.

This chart compares the average net price of Meredith 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.

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Other Student Expenses

$10,040

Room and Board

$850

Books and Supplies

The average yearly cost of room and board at Meredith College was of $10,040 in 2016. During the same period, the average yearly cost of books and supplies was $850. The cost of room and board increased by 5.51% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

95%

Of Undergraduates Receive Grants

65%

Of Undergraduates Receive Federal Loans

95% of undergraduate students at Meredith College received grants or loans in 2016. This represents a growth of 0% with respect to 2015, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Meredith 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.

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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.

5.21%

2015 Default Rate

27

Number of Defaults

In 2015 the default rate for borrower's at Meredith College was 5.21%, which represents 27 out of the 518 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.

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Admissions

Meredith College received 1,923 undergraduate applications in 2016, which represents a 11.7% annual growth. Out of those 1,923 applicants, 1,169 students were accepted for enrollment, representing a 60.8% acceptance rate.

There were 1,981 students enrolled at Meredith College in 2016, and 76% of first-time enrollees submitted SAT scores with their applications.

Meredith College has an overall enrollment yield of 36.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

60.8%

Acceptance Rate in 2016

1,169

Accepted Out of 1,923

In 2016, the undergraduate acceptance rate of Meredith College was 60.8% (1,169 admissions from 1,923 applications). This is higher than the acceptance rate of 2015, which was 60%. Between 2015 and 2016, the number of applicants grew by 11.7%, while admissions grew by 13.2%.

This chart compares the acceptance rate of Meredith College (in red) with that of other similar universities.

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SAT Scores

76%

Submission Percentage

320

Scores Submitted

76% of enrolled first-time students at Meredith College in 2016 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Meredith College has a total enrollment of 1,981 students. The full-time enrollment at Meredith College is 1,762 students and the part-time enrollment is 219. This means that 88.9% of students enrolled at Meredith College are enrolled full-time.

The enrolled student population at Meredith College, both undergraduate and graduate, is 69.6% White, 8.99% Black or African American, 5.45% Hispanic or Latino, 3.18% Two or More Races, 2.98% Asian, 0.707% American Indian or Alaska Native, and 0.151% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Meredith College in full-time Undergraduate programs are majority White Female (71.1%), followed by Black or African American Female (8.17%) and Hispanic or Latino Female (6%). Students enrolled in full-time Graduate programs are majority White Female (52.7%), followed by White Male (8.22%) and Black or African American Female (4.79%).

Full-Time vs Part-Time Enrollment

88.9%

Full-Time Enrollment

The total enrollment at Meredith College, both undergraduate and graduate, is 1,981 students. The full-time enrollment at Meredith College is 1,762 and the part-time enrollment is 219. This means that 88.9% of students enrolled at Meredith College are enrolled full-time compared with 81% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

78%

2016 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 Meredith College was 78%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Meredith College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,378

  2. Black or African American

    178

  3. Hispanic or Latino

    108

The enrolled student population at Meredith College is 69.6% White, 8.99% Black or African American, 5.45% Hispanic or Latino, 3.18% Two or More Races, 2.98% Asian, 0.707% American Indian or Alaska Native, and 0.151% 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 55.6% White, 14% Black or African American, and 12.4% 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, 151 students (7.62%) did not report their race.

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Graduates

In 2016, 547 more women than men received degrees from Meredith College. The majority of degree recipients at Meredith College are white (402 degrees awarded). There were 6.38 times more white graduates than the next closest race/ethnicity group, black or african american (63 degrees).

The most common Bachelor's Degree concentration at Meredith College is General Psychology (48 degrees awarded), followed by General Biological Sciences (36 degrees) and General Business Administration & Management (32 degrees).

The most specialized majors across all degree types at Meredith College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Human Sciences (51 degrees awarded), Philosophy and Religious Studies (9 degrees), and Legal (30 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Meredith College are Designers (189,055 people), Elementary & middle school teachers (149,576 people), Miscellaneous managers (133,260 people), Postsecondary teachers (81,717 people), and Lawyers, & judges, magistrates, & other judicial workers (57,687 people).

The most specialized majors at Meredith College are Human Sciences (51 degrees awarded), Philosophy and Religious Studies (9 degrees), Legal (30 degrees), Visual & Performing Arts (50 degrees), and Natural Resources & Conservation (8 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Meredith College are Physicians & surgeons, Securities, commodities, & financial services sales agents, Sales representatives, wholesale & manufacturing, Aircraft pilots & flight engineers, and Dentists

The most specialized majors at Meredith College are Human Sciences (51 degrees awarded), Philosophy and Religious Studies (9 degrees), Legal (30 degrees), Visual & Performing Arts (50 degrees), and Natural Resources & Conservation (8 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Meredith College are Elementary & secondary schools (262,713 people), Colleges, universities & professional schools, including junior colleges (171,087 people), Hospitals (84,015 people), Computer Systems Design (77,728 people), and Religious organizations (67,083 people).

The most specialized majors at Meredith College are Human Sciences (51 degrees awarded), Philosophy and Religious Studies (9 degrees), Legal (30 degrees), Visual & Performing Arts (50 degrees), and Natural Resources & Conservation (8 degrees).

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Degrees

Majors Awarded

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

Most Common

  1. 48 degrees awarded

  2. 36 degrees awarded

  3. 32 degrees awarded

In 2016, the most common bachelors degree concentration at Meredith College was General Psychology with 48 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Meredith College according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 16

  2. 563

In 2016, 16 degrees were awarded to men at Meredith College, which is 0.0284 times less than the number of degrees awarded to females (563).

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

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Most Common Male Majors

In 2016, 5 degrees were awarded to men at Meredith College in General Business Administration & Management, which is 0.104 times less than the 48 female recipients with that same degree.

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Most Common Female Majors

In 2016, 48 degrees were awarded to women at Meredith College in General Psychology, which is N/A times more than the 0 male recipients with that same degree.

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Time to Complete

49%

100% Completion Time

62%

150% Completion Time

In 2016, 49% of students graduating from Meredith College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% 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 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (83.3%)

The student demographic with the highest graduation rate at Meredith College is Female and Asian (83.3% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

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, 3.14% of graduates (7 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    402 degrees awarded

  2. Black or African American

    63 degrees awarded

  3. Unknown

    30 degrees awarded

The most common race/ethnicity at Meredith College is white (402 degrees awarded). There were 6.38 times more white recipients than the next closest race/ethnicity group, black or african american (63 degrees).

5.18% of degree recipients (30 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    392 degrees awarded

  2. Black or African American Female

    62 degrees awarded

  3. Hispanic or Latino Female

    22 degrees awarded

The most common race/ethnicity and gender grouping at Meredith College is white female (392 degrees awarded). There were 6.32 times more white female recipients than the next closest race/ethnicity group, black or african american female (62 degrees).

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Operations

Meredith College has an endowment valued at nearly $96.5M, as of the end of the 2015 fiscal year. The return on its endowment was of $429k (0.445%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Meredith College had a total expenditure of $50.8M. Of that $50.8M, they spent $23.2M on salaries and $50.8M on benefits.

Meredith College employs 48 Professors, 40 Associate professors, and 36 Assistant professors. Most academics at Meredith College are Female Professors (33), Female Assistant professors(27), and Female Associate professors (26).

The most common positions for non-instructional staff at Meredith College are: Office and Administrative Support, with 58 employees, Service, with 50 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 48 employees.

Finances

Endowment

$96.5M

2015 Endowment

2.82%

growth from 2014

Meredith College has an endowment valued at about $96.5M, as of the end of the 2015 fiscal year. The endowment of Meredith College grew 2.82% from the previous year. The value of their endowment was $62.9M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Meredith 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: Arts & Sciences Focus Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $164k - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Meredith College received $164k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$23.2M

Salary Expenditure

$50.8M

Benefits Expenditure

In 2015, Meredith College had a total expenditure of $50.8M. Of that $50.8M, they spent $23.2M on salaries and $50.8M on benefits.

The bar chart shows the share of the primary expenses at Meredith College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Meredith College as a share of total expenditure.

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Salary Expenditure

$23.2M

2015 Salaries

1.39%

growth from 2014

In 2015, Meredith College paid a median of $23.2M in salaries, which represents 45.7% of their overall expenditure ($50.8M) and a 1.39% growth from the previous year. This is compared to a 5.53% growth from 2013 and a 0.958% decline from 2012.

The median for similar Baccalaureate Colleges is 13.3M (38.4% of overall expenditures).

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Instructional Salaries

$8M

Instructional Salaries

130

Number of Employees

In 2015, Meredith College paid a total of $8M to 130 employees working as instructors, which represents 34.4% of all salaries paid.

This is compared to a median of $4.52M (34%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

48 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

58 Employees

In 2016, the most common positions for instructional staff at Meredith College were Professor with 48 employees; Associate professor with 40 employees; and Associate professor with 36 employees.

In 2016, the most common positions for non-instructional staff at Meredith College were Office and Administrative Support with 58 employees; Service with 50 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 48 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Professor

  2. Female Assistant professor

  3. Female Associate professor

In 2016, the most common demographic for instructional staff at Meredith College was Female Professor with 33 employees, Female Assistant professor with 27 employees, and Female Associate professor with 26 employees.

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

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