St Olaf College

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2021 Undergraduate Tuition

$52,670

2.37% growth from 2020

2021 Average Net Price

$27,729

After Financial Aid

2019 Student Loan

0.547%

Default Rate

2021 Acceptance Rate

47.4%

6,494 Applicants

2021 Enrolled Students

2,988

99.2% Full-Time

2021 Graduation Rate

85%

647 Graduates

About

St Olaf College is a higher education institution located in Rice County, MN. In 2021, the most popular Bachelors Degree concentrations at St Olaf College were General Biological Sciences (95 degrees awarded), General Economics (81 degrees), and Other Research & Experimental Psychology (74 degrees).

In 2021, 942 degrees were awarded across all undergraduate and graduate programs at St Olaf College. 65.2% of these degrees were awarded to women, and 34.8% awarded men. The most common race/ethnicity group of degree recipients was white (643 degrees), 8.93 times more than then the next closest race/ethnicity group, asian (72 degrees).

The median undergraduate tuition at St Olaf College is $52,670, which is $24,165 more than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at St Olaf College is $52,670, which is $24,165 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $27,729.

In 2021, 98% of undergraduate students attending St Olaf College received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Tuition Costs

$52,670

2021 Undergraduate Tuition

In 2021, the cost of tuition at St Olaf College was $52,670. The cost of tuition at St Olaf College is $24,165 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$27,729

2021 Value

0.392%

1 Year Growth

In 2021 St Olaf College had an average net price — the price paid after factoring in grants and loans — of $27,729. Between 2020 and 2021, the average net price of St Olaf College grew by 0.392%.

This chart compares the average net price of St Olaf 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

$11,660

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at St Olaf College was of $11,660 in 2021. The cost of room and board increased by 3.46% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

98%

Undergraduates Receiving Financial Aid through Grants

48%

Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at St Olaf College received financial aid through grants or loans in 2021. This represents a growth of 2.08% with respect to 2020, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at St Olaf 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.

0.547%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at St Olaf College was 0.547%, which represents 3 out of the 548 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

St Olaf College received 6,494 undergraduate applications in 2021, which represents a 24.1% annual growth. Out of those 6,494 applicants, 3,080 students were accepted for enrollment, representing a 47.4% acceptance rate.

There were 2,988 students enrolled at St Olaf College in 2021. 16% of first-time enrollees submitted SAT scores with their applications.

St Olaf College has an overall enrollment yield of 24.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

47.4%

Acceptance Rate in 2021

3,080

Accepted Out of 6,494

In 2021, the undergraduate acceptance rate of St Olaf College was 47.4% (3,080 admissions from 6,494 applications). This is lower than the acceptance rate of 2020, which was 50.8%. Between 2020 and 2021, the number of applicants grew by 24.1%, while admissions grew by 15.9%..

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

SAT Scores

16%

Submission Percentage (2021)

120

Scores Submitted (2021)

16% of enrolled first-time students at St Olaf College in 2021 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

St Olaf College had a total enrollment of 2,988 students in 2021. The full-time enrollment at St Olaf College is 2,964 students and the part-time enrollment is 24. This means that 99.2% of students enrolled at St Olaf College are enrolled full-time.

The enrolled student population at St Olaf College, both undergraduate and graduate, is 67.1% White, 8.2% Hispanic or Latino, 6.29% Asian, 4.28% Two or More Races, 3.28% Black or African American, and 0.0669% American Indian or Alaska Native.

Students enrolled at St Olaf College in full-time Undergraduate programs are most commonly White Female (39.2%), followed by White Male (27.9%) and Hispanic or Latino Female (4.45%).

Full-Time vs Part-Time Enrollment

99.2%

Full-Time Enrollment

The total enrollment at St Olaf College in 2021, both undergraduate and graduate, is 2,988 students. The full-time enrollment at St Olaf College is 2,964 and the part-time enrollment is 24. This means that 99.2% of students enrolled at St Olaf 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 St Olaf College (in red) compares to similar universities.

Retention Rate over Time

91%

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 St Olaf College was 91%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), St Olaf College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
2,005 enrolled students
Hispanic or Latino
245 enrolled students
Asian
188 enrolled students

The enrolled student population at St Olaf College is 67.1% White, 8.2% Hispanic or Latino, 6.29% Asian, 4.28% Two or More Races, 3.28% Black or African American, and 0.0669% 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, 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, 17 students (0.569%) did not report their race.

Graduates

In 2021, 286 more women than men received degrees from St Olaf College. The most common race/ethnicity group of degree recipients at St Olaf College is white (643 degrees awarded). There were 8.93 times more white recipients than the next closest race/ethnicity group, asian (72 degrees).

The most common Bachelor's Degree concentration at St Olaf College is General Biological Sciences (95 degrees awarded), followed by General Economics (81 degrees) and Other Research & Experimental Psychology (74 degrees).

In 2021, the most specialized majors across all degree types at St Olaf College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Cultural & Gender Studies (55 degrees awarded), Language & Linguistics (68 degrees), and PHILOSOPHY AND RELIGIOUS STUDIES. (36 degrees).

Common Jobs by Major

Postsecondary teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at St Olaf College are Postsecondary teachers (104,990 people), Elementary & middle school teachers (90,852 people), Other managers (88,510 people), Secondary school teachers (74,155 people), and Lawyers, & judges, magistrates, & other judicial workers (64,826 people).

The most specialized majors at St Olaf College in 2021 are Cultural & Gender Studies (55 degrees awarded), Language & Linguistics (68 degrees), PHILOSOPHY AND RELIGIOUS STUDIES. (36 degrees), Math & Statistics (68 degrees), and Natural Resources & Conservation (33 degrees) (as of 2021).

Highest Paying Jobs by Major

Media and communication workers, all other

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at St Olaf College are Media and communication workers, all other, Surgeons, Securities, commodities, & financial services sales agents, Cardiovascular technologists and technicians, and Aerospace engineers

The most specialized majors at St Olaf College are Cultural & Gender Studies (55 degrees awarded), Language & Linguistics (68 degrees), PHILOSOPHY AND RELIGIOUS STUDIES. (36 degrees), Math & Statistics (68 degrees), and Natural Resources & Conservation (33 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 St Olaf College are Elementary & secondary schools (218,084 people), Colleges, universities & professional schools, including junior colleges (179,296 people), Computer Systems Design (103,242 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (59,641 people), and Management, scientific & technical consulting services (52,858 people).

Majors Awarded

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

Most Common (2021)

General Biological Sciences
95 degrees awarded
General Economics
81 degrees awarded
Other Research & Experimental Psychology
74 degrees awarded

In 2021, the most common bachelors degree concentration at St Olaf College was General Biological Sciences with 95 degrees awarded.

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

Sex Breakdown for Common Majors

328

Degrees Awarded to Men

in 2021

614

Degrees Awarded to Women

in 2021

In 2021, 328 degrees were awarded to men at St Olaf College, which is 0.534 times less than the number of degrees awarded to females (614).

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

Most Common Male Majors

In 2021, 44 degrees were awarded to men at St Olaf College in General Economics, which is 1.19 times more than the 37 female recipients with that same degree.

Most Common Female Majors

In 2021, 67 degrees were awarded to men at St Olaf College in General Biological Sciences, which is 2.39 times more than the 28 male recipients with that same degree.

Time to Complete

81%

100% Completion Time

86%

150% Completion Time

In 2021, 81% of students graduating from St Olaf College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 86% completed their degrees within 150% of the normal time, and 86% 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.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at St Olaf College is Female and American Indian or Alaska Native (100% 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.

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, 1.24% of graduates (8 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
643 degrees awarded
Asian
72 degrees awarded
Hispanic or Latino
54 degrees awarded

The most common race/ethnicity at St Olaf College is white (643 degrees awarded). There were 8.93 times more white recipients than the next closest race/ethnicity group, asian (72 degrees).

0.955% of degree recipients (9 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
419 degrees awarded
White Male
224 degrees awarded
Asian Female
54 degrees awarded

The most common race/ethnicity and sex grouping at St Olaf College is white female (419 degrees awarded). There were 1.87 times more white female recipients than the next closest race/ethnicity group, white male (224 degrees).

Operations

St Olaf College has an endowment valued at nearly $702M, as of the end of the 2021 fiscal year. The return on its endowment was of 182M (25.9%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, St Olaf College had a total salary expenditure of 118M. St Olaf College employs 80 Associate professors, 68 Assistant professors and 57 Professors. Most academics at St Olaf College are Male Associate professor (43), Female Associate professor (37), and Male Assistant professor (35).

The most common positions for non-instructional staff at St Olaf College are: Service, with 91 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 65 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 59 employees.

Endowment

$702M

2021 Endowment

35.9%

growth from 2020

St Olaf College has an endowment valued at about $702M, as of the end of the 2021 fiscal year. The endowment of St Olaf College grew 35.9% from the previous year. The value of their endowment was $649M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at St Olaf 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.

Salary Expenditure

$47.6M

2021 Salaries

1.23%

growth from 2020

In 2021, St Olaf College paid a median of $47.6M in salaries, which represents 40.4% of their overall expenditure ($118M) and a 1.23% growth from the previous year.

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

Instructional Salaries

$17.5M

Instructional Salaries

219

Number of Employees

In 2021, St Olaf College paid a total of $17.5M to 219 employees working as instructors, which represents 36.7% of all salaries paid.

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

Occupations by Share

Associate professor

Most Common Instructor

80 Employees

Service

Most Common Non-Instructional Employee

91 Employees

In 2021, the most common positions for instructional staff at St Olaf College were Associate professor with 80 employees, Assistant professor with 68 employees, and Professor with 57 employees.

In 2021, the most common positions for non-instructional staff at St Olaf College were Service with 91 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 65 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 59 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Associate professor
Female Associate professor
Male Assistant professor

In 2021, the most common demographic for instructional staff at St Olaf College was Male Associate professor with 43 employees, Female Associate professor with 37 employees, and Male Assistant professor with 35 employees.

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