Rust College

www.rustcollege.edu/

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2021 Undergraduate Tuition

$9,900

2021 Average Net Price

$7,927

After Financial Aid

2019 Student Loan

11.7%

Default Rate

2021 Acceptance Rate

37.6%

2,609 Applicants

2021 Enrolled Students

768

60.2% Full-Time

2021 Graduation Rate

23.4%

55 Graduates

About

Rust College is a higher education institution located in Marshall County, MS. In 2021, the most popular Bachelors Degree concentrations at Rust College were General Biological Sciences (25 degrees awarded), Journalism (17 degrees), and Kindergarten & Preschool Education (11 degrees).

In 2021, 104 degrees were awarded across all undergraduate and graduate programs at Rust College. 62.5% of these degrees were awarded to women, and 37.5% awarded men. The most common race/ethnicity group of degree recipients was black or african american (103 degrees), 103 times more than then the next closest race/ethnicity group, asian (1 degrees).

The median undergraduate tuition at Rust College is $9,900, which is $−18,605 less than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Rust College is $9,900, which is $−18,605 less than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $7,927.

In 2021, 95% of undergraduate students attending Rust College received financial aid through grants. Comparatively, 73% of undergraduate students received financial aid through loans.

Tuition Costs

$9,900

2021 Undergraduate Tuition

In 2021, the cost of tuition at Rust College was $9,900. The cost of tuition at Rust College is $−18,605 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$7,927

2021 Value

8.29%

1 Year Growth

In 2021 Rust College had an average net price — the price paid after factoring in grants and loans — of $7,927. Between 2020 and 2021, the average net price of Rust College grew by 8.29%.

This chart compares the average net price of Rust 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

$4,350

Room and Board

$250

Books and Supplies

The average yearly cost of room and board at Rust College was of $4,350 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $250. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

95%

Undergraduates Receiving Financial Aid through Grants

73%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Rust College received financial aid through grants or loans in 2021. This represents a decline of 1.04% with respect to 2020, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Rust 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.

11.7%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Rust College was 11.7%, which represents 43 out of the 369 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

Rust College received 2,609 undergraduate applications in 2021, which represents a 20.9% annual growth. Out of those 2,609 applicants, 981 students were accepted for enrollment, representing a 37.6% acceptance rate.

There were 768 students enrolled at Rust College in 2021.

Rust College has an overall enrollment yield of 35.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

37.6%

Acceptance Rate in 2021

981

Accepted Out of 2,609

In 2021, the undergraduate acceptance rate of Rust College was 37.6% (981 admissions from 2,609 applications). This is higher than the acceptance rate of 2020, which was 29.5%. Between 2020 and 2021, the number of applicants grew by 20.9%, while admissions grew by 54.2%..

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

Enrollment

Rust College had a total enrollment of 768 students in 2021. The full-time enrollment at Rust College is 462 students and the part-time enrollment is 306. This means that 60.2% of students enrolled at Rust College are enrolled full-time.

The enrolled student population at Rust College, both undergraduate and graduate, is 97.7% Black or African American, 0.521% Hispanic or Latino, 0.26% White, and 0.13% Asian.

Students enrolled at Rust College in full-time Undergraduate programs are most commonly Black or African American Female (60%), followed by Black or African American Male (37.4%) and Hispanic or Latino Female (0.433%).

Full-Time vs Part-Time Enrollment

60.2%

Full-Time Enrollment

The total enrollment at Rust College in 2021, both undergraduate and graduate, is 768 students. The full-time enrollment at Rust College is 462 and the part-time enrollment is 306. This means that 60.2% of students enrolled at Rust College are enrolled full-time compared with 79.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

55%

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 Rust College was 55%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Rust College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Black or African American
750 enrolled students
Hispanic or Latino
4 enrolled students
White
2 enrolled students

The enrolled student population at Rust College is 97.7% Black or African American, 0.521% Hispanic or Latino, 0.26% White, and 0.13% Asian. 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, 13.5% Black or African American, and 13.4% 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, 8 students (1.04%) did not report their race.

Graduates

In 2021, 26 more women than men received degrees from Rust College. The most common race/ethnicity group of degree recipients at Rust College is black or african american (103 degrees awarded). There were 103 times more black or african american recipients than the next closest race/ethnicity group, asian (1 degrees).

The most common Bachelor's Degree concentration at Rust College is General Biological Sciences (25 degrees awarded), followed by Journalism (17 degrees) and Kindergarten & Preschool Education (11 degrees).

In 2021, the most specialized majors across all degree types at Rust College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communications (17 degrees awarded), Biology (25 degrees), and Math & Statistics (5 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Rust College are Other managers (439,615 people), Physicians (415,272 people), Lawyers, & judges, magistrates, & other judicial workers (383,042 people), Elementary & middle school teachers (274,582 people), and Postsecondary teachers (270,994 people).

The most specialized majors at Rust College in 2021 are Communications (17 degrees awarded), Biology (25 degrees), Math & Statistics (5 degrees), Social Sciences (13 degrees), and Public Administration and Social Service (6 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 Rust College are Surgeons, Nuclear medicine technologists and medical dosimetrists, Physicians, Securities, commodities, & financial services sales agents, and Aircraft pilots & flight engineers

The most specialized majors at Rust College are Communications (17 degrees awarded), Biology (25 degrees), Math & Statistics (5 degrees), Social Sciences (13 degrees), and Public Administration and Social Service (6 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 Rust College are Elementary & secondary schools (674,417 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (645,496 people), Colleges, universities & professional schools, including junior colleges (642,244 people), Computer Systems Design (338,218 people), and Legal services (314,922 people).

Majors Awarded

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

Most Common (2021)

General Biological Sciences
25 degrees awarded
Journalism
17 degrees awarded
Kindergarten & Preschool Education
11 degrees awarded

In 2021, the most common bachelors degree concentration at Rust College was General Biological Sciences with 25 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 39 degrees were awarded to men at Rust College, which is 0.6 times less than the number of degrees awarded to females (65).

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

Most Common Male Majors

In 2021, 9 degrees were awarded to men at Rust College in Journalism, which is 1.13 times more than the 8 female recipients with that same degree.

Most Common Female Majors

In 2021, 19 degrees were awarded to men at Rust College in General Biological Sciences, which is 3.17 times more than the 6 male recipients with that same degree.

Time to Complete

16%

100% Completion Time

27%

150% Completion Time

In 2021, 16% of students graduating from Rust College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 27% completed their degrees within 150% of the normal time, and 38% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Female

Highest Graduation Rate (26.5%)

The student demographic with the highest graduation rate in 2021 at Rust College is Female and Black or African American (26.5% graduation rate). Across all Baccalaureate Colleges, 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

Black or African American
103 degrees awarded
Asian
1 degrees awarded

The most common race/ethnicity at Rust College is black or african american (103 degrees awarded). There were 103 times more black or african american recipients than the next closest race/ethnicity group, asian (1 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Female
65 degrees awarded
Black or African American Male
38 degrees awarded
Asian Male
1 degrees awarded

The most common race/ethnicity and sex grouping at Rust College is black or african american female (65 degrees awarded). There were 1.71 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (38 degrees).

Operations

Rust College has an endowment valued at nearly $36M, as of the end of the 2021 fiscal year. The return on its endowment was of 1.19M (3.31%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Rust College had a total salary expenditure of 19.7M. Rust College employs 17 Assistant professors, 13 Instructors and 8 Associate professors. Most academics at Rust College are Female Assistant professor (13), Female Instructor (7), and Male Instructor (6).

The most common positions for non-instructional staff at Rust College are: Service, with 31 employees, Office and Administrative Support, with 29 employees, and Management with 19 employees.

Endowment

$36M

2021 Endowment

2.99%

decline from 2020

Rust College has an endowment valued at about $36M, as of the end of the 2021 fiscal year. The endowment of Rust College declined 2.99% from the previous year. The value of their endowment was $16.4M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Rust 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.

Salary Expenditure

$6.39M

2021 Salaries

7.25%

decline from 2020

In 2021, Rust College paid a median of $6.39M in salaries, which represents 32.4% of their overall expenditure ($19.7M) and a 7.25% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Instructional Salaries

$1.77M

Instructional Salaries

Number of Employees

In 2021, Rust College paid a total of $1.77M to 44 employees working as instructors, which represents 27.7% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

17 Employees

Service

Most Common Non-Instructional Employee

31 Employees

In 2021, the most common positions for instructional staff at Rust College were Assistant professor with 17 employees, Instructor with 13 employees, and Associate professor with 8 employees.

In 2021, the most common positions for non-instructional staff at Rust College were Service with 31 employees, Office and Administrative Support with 29 employees, and Management with 19 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Assistant professor
Female Instructor
Male Instructor

In 2021, the most common demographic for instructional staff at Rust College was Female Assistant professor with 13 employees, Female Instructor with 7 employees, and Male Instructor with 6 employees.

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