Meredith College

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2017 Undergraduate Tuition

$35,816

2.9% growth from 2016

2017 Average Net Price

$25,276

After Financial Aid

2016 Student Loan

4.89%

Default Rate

2017 Acceptance Rate

68.9%

1,737 Applicants

2017 Enrolled Students

1,980

86.6% Full-Time

2017 Graduation Rate

63%

250 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 Biological Sciences (45 degrees awarded), General Psychology (42 degrees), and General Business Administration & Management (30 degrees).

In 2017, 591 degrees were awarded across all undergraduate and graduate programs at Meredith College. 95.6% of these degrees were awarded to women, and 4.4% awarded men. The majority of degree recipients were white (394 degrees), 5.63 times more than then the next closest race/ethnicity group, unknown (70 degrees).

The median undergraduate tuition at Meredith College is $35,816, which is $10,622 more than the national average for Baccalaureate Colleges ($25,194).

Costs

The median undergraduate tuition at Meredith College is $35,816, which is $10,622 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $25,276.

In 2017, 96% of undergraduate students received federal grants, while 64% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$35,816

2017 Undergraduate Tuition

In 2017, the cost of tuition at Meredith College was $35,816. The cost of tuition at Meredith College is $10,622 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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

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Average Net Price

$25,276

2017 Value

1.25%

1 Year Growth

In 2017 Meredith College had an average net price — the price paid after factoring in grants and loans — of $25,276. Between 2016 and 2017, the average net price of Meredith College grew by 1.25%.

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

$10,390

Room and Board

$850

Books and Supplies

The average yearly cost of room and board at Meredith College was of $10,390 in 2017. During the same period, the average yearly cost of books and supplies was $850. The cost of room and board increased by 3.49% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

96%

Of Undergraduates Receive Grants

64%

Of Undergraduates Receive Federal Loans

96% of undergraduate students at Meredith College received grants or loans in 2017. This represents a growth of 1.05% with respect to 2016, 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.

4.89%

2016 Default Rate

25

Number of Defaults

In 2016 the default rate for borrower's at Meredith College was 4.89%, which represents 25 out of the 511 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 1,737 undergraduate applications in 2017, which represents a 9.67% annual decline. Out of those 1,737 applicants, 1,197 students were accepted for enrollment, representing a 68.9% acceptance rate.

There were 1,980 students enrolled at Meredith College in 2017, and 66% of first-time enrollees submitted SAT scores with their applications.

Meredith College has an overall enrollment yield of 33%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

68.9%

Acceptance Rate in 2017

1,197

Accepted Out of 1,737

In 2017, the undergraduate acceptance rate of Meredith College was 68.9% (1,197 admissions from 1,737 applications). This is higher than the acceptance rate of 2016, which was 60.8%. Between 2016 and 2017, the number of applicants declined by -9.67%, while admissions grew by 2.4%.

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

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SAT Scores

66%

Submission Percentage

259

Scores Submitted

66% of enrolled first-time students at Meredith College in 2017 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 1,980 students. The full-time enrollment at Meredith College is 1,715 students and the part-time enrollment is 265. This means that 86.6% of students enrolled at Meredith College are enrolled full-time.

The enrolled student population at Meredith College, both undergraduate and graduate, is 70.3% White, 9.24% Black or African American, 7.88% Hispanic or Latino, 3.28% Asian, 3.18% Two or More Races, 0.707% American Indian or Alaska Native, and 0.101% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Meredith College in full-time Undergraduate programs are majority White Female (70.9%), followed by Hispanic or Latino Female (8.25%) and Black or African American Female (8.06%). Students enrolled in full-time Graduate programs are majority White Female (61.7%), followed by White Male (11.3%) and Black or African American Female (10.4%).

Full-Time vs Part-Time Enrollment

86.6%

Full-Time Enrollment

The total enrollment at Meredith College, both undergraduate and graduate, is 1,980 students. The full-time enrollment at Meredith College is 1,715 and the part-time enrollment is 265. This means that 86.6% of students enrolled at Meredith 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 Meredith College (in red) compares to similar universities.

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Retention Rate over Time

80%

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 Meredith College was 80%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), 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

    1,391

  2. Black or African American

    183

  3. Hispanic or Latino

    156

The enrolled student population at Meredith College is 70.3% White, 9.24% Black or African American, 7.88% Hispanic or Latino, 3.28% Asian, 3.18% Two or More Races, 0.707% American Indian or Alaska Native, and 0.101% 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, 73 students (3.69%) did not report their race.

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Graduates

In 2017, 539 more women than men received degrees from Meredith College. The majority of degree recipients at Meredith College are white (394 degrees awarded). There were 5.63 times more white graduates than the next closest race/ethnicity group, unknown (70 degrees).

The most common Bachelor's Degree concentration at Meredith College is General Biological Sciences (45 degrees awarded), followed by General Psychology (42 degrees) and General Business Administration & Management (30 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 (57 degrees awarded), Legal (34 degrees), and Math & Statistics (13 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 Physicians (395,030 people), Elementary & middle school teachers (262,675 people), Postsecondary teachers (207,454 people), Other managers (192,469 people), and Graphic designers (93,776 people).

The most specialized majors at Meredith College are Human Sciences (57 degrees awarded), Legal (34 degrees), Math & Statistics (13 degrees), Biology (45 degrees), and Visual & Performing Arts (44 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 Surgeons, Chemists & materials scientists, Dentists, Nuclear medicine technologists and medical dosimetrists, and Aircraft pilots & flight engineers

The most specialized majors at Meredith College are Human Sciences (57 degrees awarded), Legal (34 degrees), Math & Statistics (13 degrees), Biology (45 degrees), and Visual & Performing Arts (44 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Meredith College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (510,601 people), Elementary & secondary schools (466,513 people), Colleges, universities & professional schools, including junior colleges (425,472 people), Offices of physicians (186,996 people), and Computer Systems Design (161,654 people).

The most specialized majors at Meredith College are Human Sciences (57 degrees awarded), Legal (34 degrees), Math & Statistics (13 degrees), Biology (45 degrees), and Visual & Performing Arts (44 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. 45 degrees awarded

  2. 42 degrees awarded

  3. 30 degrees awarded

In 2017, the most common bachelors degree concentration at Meredith College was General Biological Sciences with 45 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. 26

  2. 565

In 2017, 26 degrees were awarded to men at Meredith College, which is 0.046 times less than the number of degrees awarded to females (565).

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 2017, 12 degrees were awarded to men at Meredith College in Other Health Preparatory Programs, which is 0.5 times less than the 24 female recipients with that same degree.

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Most Common Female Majors

In 2017, 45 degrees were awarded to women at Meredith College in General Biological Sciences, which is N/A times more than the 0 male recipients with that same degree.

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Time to Complete

55%

100% Completion Time

62%

150% Completion Time

In 2017, 55% 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.

Hispanic or Latino Female

Highest Graduation Rate (81.8%)

The student demographic with the highest graduation rate at Meredith College is Female and Hispanic or Latino (81.8% 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, 2.4% of graduates (6 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    394 degrees awarded

  2. Unknown

    70 degrees awarded

  3. Black or African American

    52 degrees awarded

The most common race/ethnicity at Meredith College is white (394 degrees awarded). There were 5.63 times more white recipients than the next closest race/ethnicity group, unknown (70 degrees).

11.8% of degree recipients (70 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    377 degrees awarded

  2. Black or African American Female

    51 degrees awarded

  3. Asian Female

    30 degrees awarded

The most common race/ethnicity and gender grouping at Meredith College is white female (377 degrees awarded). There were 7.39 times more white female recipients than the next closest race/ethnicity group, black or african american female (51 degrees).

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Operations

Meredith College has an endowment valued at nearly $105M, as of the end of the 2017 fiscal year. The return on its endowment was of $11.7M (11.1%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Meredith College had a total salary expenditure of $56.2M. Meredith College employs 47 Professors, 38 Associate professors, and 34 Assistant professors. Most academics at Meredith College are Female Professors (32), Female Assistant professors(26), and Female Associate professors (23).

The most common positions for non-instructional staff at Meredith College are: Office and Administrative Support, with 57 employees, Service, with 49 employees, and Management with 47 employees.

Finances

Endowment

$105M

2017 Endowment

11.1%

growth from 2016

Meredith College has an endowment valued at about $105M, as of the end of the 2017 fiscal year. The endowment of Meredith College grew 11.1% from the previous year. The value of their endowment was $67.6M 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. $186k - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Meredith College received $186k 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

Salary Expenditure

$24M

2017 Salaries

6.02%

growth from 2016

In 2017, Meredith College paid a median of $24M in salaries, which represents 42.7% of their overall expenditure ($56.2M) and a 6.02% growth from the previous year. This is compared to a 2.68% decline from 2015 and a 1.39% growth from 2014.

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

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Instructional Salaries

$8.7M

Instructional Salaries

133

Number of Employees

In 2017, Meredith College paid a total of $8.7M to 133 employees working as instructors, which represents 36.3% of all salaries paid.

This is compared to a median of $8.01M (34.6%) for similar Baccalaureate Colleges: Arts & Sciences Focus.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

47 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

57 Employees

In 2017, the most common positions for instructional staff at Meredith College were Professor with 47 employees; Associate professor with 38 employees; and Associate professor with 34 employees.

In 2017, the most common positions for non-instructional staff at Meredith College were Office and Administrative Support with 57 employees; Service with 49 employees; and Management with 47 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 2017, the most common demographic for instructional staff at Meredith College was Female Professor with 32 employees, Female Assistant professor with 26 employees, and Female Associate professor with 23 employees.

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

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