Olivet College

https://www.olivetcollege.edu

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2019 Undergraduate Tuition

$27,700

3.56% growth from 2018

2019 Average Net Price

$22,241

After Financial Aid

2017 Student Loan

11.9%

Default Rate

2018 Acceptance Rate

71.3%

1,401 Applicants

2019 Enrolled Students

1,120

85.6% Full-Time

2018 Graduation Rate

48.3%

145 Graduates

About

Olivet College is a higher education institution located in Eaton County, MI. In 2016, the most popular Bachelor's Degree concentrations at Olivet College were Criminal Justice - Safety Studies (28 degrees awarded), General Health & Physical Education (23 degrees), and General Business Administration & Management (22 degrees).

In 2019, 207 degrees were awarded across all undergraduate and graduate programs at Olivet College. 53.6% of these degrees were awarded to women, and 46.4% awarded men. The most common race/ethnicity group of degree recipients was white (159 degrees), 11.4 times more than then the next closest race/ethnicity group, hispanic or latino (14 degrees).

The median undergraduate tuition at Olivet College is $27,700, which is $420 more than the national average for Baccalaureate Colleges ($27,280).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

The median undergraduate tuition at Olivet College is $27,700, which is $420 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $22,241.

In 2019, 93% of undergraduate students received federal grants, while 81% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$27,700

2019 Undergraduate Tuition

In 2019, the cost of tuition at Olivet College was $27,700. The cost of tuition at Olivet College is $420 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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

Average Net Price

$22,241

2019 Value

1.19%

1 Year Growth

In 2019 Olivet College had an average net price — the price paid after factoring in grants and loans — of $22,241. Between 2018 and 2019, the average net price of Olivet College grew by 1.19%.

This chart compares the average net price of Olivet 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

$9,590

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Olivet College was of $9,590 in 2019. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 3.01% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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

Financial Aid

Financial Aid by Income Level

93%

Of Undergraduates Receive Grants

81%

Of Undergraduates Receive Federal Loans

93% of undergraduate students at Olivet College received grants or loans in 2019. This represents a growth of 5.68% with respect to 2018, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at Olivet 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.

11.9%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Olivet College was 11.9%, which represents 47 out of the 394 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

Olivet College received 1,401 undergraduate applications in 2018, which represents a InfinityM% annual growth. Out of those 1,401 applicants, 999 students were accepted for enrollment, representing a 71.3% acceptance rate.

There were 1,120 students enrolled at Olivet College in 2019, and 85% of first-time enrollees submitted SAT scores with their applications.

Olivet College has an overall enrollment yield of 30.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

71.3%

Acceptance Rate in 2018

999

Accepted Out of 1,401

In 2018, the undergraduate acceptance rate of Olivet College was 71.3% (999 admissions from 1,401 applications). This is higher than the acceptance rate of false, which was N/A%. Between false and 2018, the number of applicants grew by InfinityM%, while admissions grew by InfinityM%.

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

SAT Scores

85%

Submission Percentage

260

Scores Submitted

85% of enrolled first-time students at Olivet College in 2018 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.

Enrollment

Olivet College has a total enrollment of 1,120 students. The full-time enrollment at Olivet College is 959 students and the part-time enrollment is 161. This means that 85.6% of students enrolled at Olivet College are enrolled full-time.

The enrolled student population at Olivet College, both undergraduate and graduate, is 66.3% White, 19.6% Black or African American, 5.54% Hispanic or Latino, 4.73% Two or More Races, 0.357% Asian, 0.179% Native Hawaiian or Other Pacific Islanders, and 0.179% American Indian or Alaska Native.

Students enrolled at Olivet College in full-time Undergraduate programs are most commonly White Male (35.3%), followed by White Female (30%) and Black or African American Male (15.4%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

85.6%

Full-Time Enrollment

The total enrollment at Olivet College, both undergraduate and graduate, is 1,120 students. The full-time enrollment at Olivet College is 959 and the part-time enrollment is 161. This means that 85.6% of students enrolled at Olivet College are enrolled full-time compared with 81.1% at similar Baccalaureate Colleges.

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

Retention Rate over Time

69%

2019 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 Olivet College was 69%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Olivet College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
742
Black or African American
219
Hispanic or Latino
62

The enrolled student population at Olivet College is 66.3% White, 19.6% Black or African American, 5.54% Hispanic or Latino, 4.73% Two or More Races, 0.357% Asian, 0.179% Native Hawaiian or Other Pacific Islanders, and 0.179% 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 Baccalaureate Colleges is 55% White, 14% Black or African American, and 13.1% 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, 31 students (2.77%) did not report their race.

Graduates

In 2019, 15 more women than men received degrees from Olivet College. The most common race/ethnicity group of degree recipients at Olivet College is white (159 degrees awarded). There were 11.4 times more white graduates than the next closest race/ethnicity group, hispanic or latino (14 degrees).

The most common Bachelor's Degree concentration at Olivet College is Criminal Justice - Safety Studies (28 degrees awarded), followed by General Health & Physical Education (23 degrees) and General Business Administration & Management (22 degrees).

The most specialized majors across all degree types at Olivet College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (31 degrees awarded), Protective Services (30 degrees), and Natural Resources & Conservation (4 degrees).

Workforce

Common Jobs by Major

Physicians

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Olivet College are Physicians (403,949 people), Other managers (212,702 people), Lawyers, & judges, magistrates, & other judicial workers (156,240 people), Police officers (150,142 people), and Elementary & middle school teachers (147,398 people).

The most specialized majors at Olivet College are Parks, Recreation, & Leisure (31 degrees awarded), Protective Services (30 degrees), Natural Resources & Conservation (4 degrees), Biology (18 degrees), and History (3 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 Olivet College are Surgeons, Agents & business managers of artists, performers, & athletes, Physicians, Actuaries, and Chief executives & legislators

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Olivet College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (515,890 people), Elementary & secondary schools (399,061 people), Justice, public order, & safety activities (389,494 people), Colleges, universities & professional schools, including junior colleges (382,281 people), and Offices of physicians (217,935 people).

Degrees

Majors Awarded

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

Most Common

Criminal Justice - Safety Studies
28 degree-majorss awarded
General Health & Physical Education
23 degree-majorss awarded
General Business Administration & Management
22 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Olivet College was Criminal Justice - Safety Studies with 28 degrees awarded.

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

Gender Breakdown for Common Majors

Degrees Awarded to Men

in 2019

111

Degrees Awarded to Women

in 2019

In 2019, 96 degrees were awarded to men at Olivet College, which is 0.865 times less than the number of degrees awarded to females (111).

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

Most Common Male Majors

In 2019, 20 degrees were awarded to men at Olivet College in Insurance, which is 1.05 times more than the 19 female recipients with that same degree.

Most Common Female Majors

In 2019, 19 degrees were awarded to women at Olivet College in Insurance, which is 0.95 times less than the 20 male recipients with that same degree.

Time to Complete

38%

100% Completion Time

51%

150% Completion Time

In 2019, 38% of students graduating from Olivet College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 51% 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.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Olivet College is Male and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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, 0.69% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
159 degrees awarded
Hispanic or Latino
14 degrees awarded
Black or African American
13 degrees awarded

The most common race/ethnicity at Olivet College is white (159 degrees awarded). There were 11.4 times more white recipients than the next closest race/ethnicity group, hispanic or latino (14 degrees).

2.9% of degree recipients (6 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
88 degrees awarded
White Male
71 degrees awarded
Black or African American Male
9 degrees awarded

The most common race/ethnicity and gender grouping at Olivet College is white female (88 degrees awarded). There were 1.24 times more white female recipients than the next closest race/ethnicity group, white male (71 degrees).

Operations

Olivet College has an endowment valued at nearly $20.6M, as of the end of the 2019 fiscal year. The return on its endowment was of $760k (3.69%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Olivet College had a total salary expenditure of $24.7M. Olivet College employs 20 Assistant professors, 16 Associate professors, and 9 Professors. Most academics at Olivet College are Male Assistant professors (12), Male Associate professors(8), and Female Associate professors (8).

The most common positions for non-instructional staff at Olivet College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 44 employees, Management, with 26 employees, and Service with 17 employees.

Finances

Endowment

$20.6M

2019 Endowment

0.512%

decline from 2018

Olivet College has an endowment valued at about $20.6M, as of the end of the 2019 fiscal year. The endowment of Olivet College declined 0.512% from the previous year. The value of their endowment was $20.1M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Olivet 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
$0 - State
$0 - Local

As of 2019, Olivet College received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$10.5M

2019 Salaries

5.35%

growth from 2018

In 2019, Olivet College paid a median of $10.5M in salaries, which represents 42.6% of their overall expenditure ($24.7M) and a 5.35% growth from the previous year. This is compared to a 4.31% growth from 2017 and a 12.1% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

Instructional Salaries

$2.48M

Instructional Salaries

Number of Employees

In 2019, Olivet College paid a total of $2.48M to 45 employees working as instructors, which represents 23.5% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

20 Employees

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

Most Common Non-Instructional Employee

44 Employees

In 2019, the most common positions for instructional staff at Olivet College were Assistant professor with 20 employees; Associate professor with 16 employees; and Associate professor with 9 employees.

In 2019, the most common positions for non-instructional staff at Olivet College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 44 employees; Management with 26 employees; and Service with 17 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Assistant professor
Male Associate professor
Female Associate professor

In 2019, the most common demographic for instructional staff at Olivet College was Male Assistant professor with 12 employees, Male Associate professor with 8 employees, and Female Associate professor with 8 employees.

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

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