University of Mount Olive

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2017 Undergraduate Tuition

$19,700

3.68% growth from 2016

2017 Average Net Price

$15,508

After Financial Aid

2016 Student Loan

10.9%

Default Rate

2017 Acceptance Rate

49.1%

3,067 Applicants

2017 Enrolled Students

3,451

44.7% Full-Time

2017 Graduation Rate

43%

101 Graduates

About

University of Mount Olive is a higher education institution located in Wayne County, NC. In 2016, the most popular Bachelor's Degree concentrations at University of Mount Olive were General Business Administration & Management (133 degrees awarded), Early Childhood Education & Teaching (88 degrees), and Criminal Justice - Safety Studies (65 degrees).

In 2017, 870 degrees were awarded across all undergraduate and graduate programs at University of Mount Olive. 68.6% of these degrees were awarded to women, and 31.4% awarded men. The majority of degree recipients were white (520 degrees), 2.35 times more than then the next closest race/ethnicity group, black or african american (221 degrees).

The median undergraduate tuition at University of Mount Olive is $19,700, which is $-5,494 less than the national average for Baccalaureate Colleges ($25,194).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

The median undergraduate tuition at University of Mount Olive is $19,700, which is $-5,494 less than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $15,508.

In 2017, 82% of undergraduate students received federal grants, while 74% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$19,700

2017 Undergraduate Tuition

In 2017, the cost of tuition at University of Mount Olive was $19,700. The cost of tuition at University of Mount Olive is $-5,494 less than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

This chart compares the tuition costs of University of Mount Olive (in red) with those of other similar universities.

Average Net Price

$15,508

2017 Value

2.95%

1 Year Growth

In 2017 University of Mount Olive had an average net price — the price paid after factoring in grants and loans — of $15,508. Between 2016 and 2017, the average net price of University of Mount Olive grew by 2.95%.

This chart compares the average net price of University of Mount Olive (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

$6,800

Room and Board

$1,350

Books and Supplies

The average yearly cost of room and board at University of Mount Olive was of $6,800 in 2017. During the same period, the average yearly cost of books and supplies was $1,350. The cost of room and board increased by 1.49% between 2016 and 2017. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at University of Mount Olive (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

82%

Of Undergraduates Receive Grants

74%

Of Undergraduates Receive Federal Loans

82% of undergraduate students at University of Mount Olive received grants or loans in 2017. This represents a growth of 1.23% with respect to 2016, when 81% of undergraduate students received financial aid.

This chart compares the average award discount at University of Mount Olive (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.

10.9%

2016 Default Rate

138

Number of Defaults

In 2016 the default rate for borrower's at University of Mount Olive was 10.9%, which represents 138 out of the 1263 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

University of Mount Olive received 3,067 undergraduate applications in 2017, which represents a 15.6% annual growth. Out of those 3,067 applicants, 1,506 students were accepted for enrollment, representing a 49.1% acceptance rate.

There were 3,451 students enrolled at University of Mount Olive in 2017, and 40% of first-time enrollees submitted SAT scores with their applications.

University of Mount Olive has an overall enrollment yield of 22.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

49.1%

Acceptance Rate in 2017

1,506

Accepted Out of 3,067

In 2017, the undergraduate acceptance rate of University of Mount Olive was 49.1% (1,506 admissions from 3,067 applications). This is higher than the acceptance rate of 2016, which was 47.7%. Between 2016 and 2017, the number of applicants grew by 15.6%, while admissions grew by 19.1%.

This chart compares the acceptance rate of University of Mount Olive (in red) with that of other similar universities.

SAT Scores

40%

Submission Percentage

136

Scores Submitted

40% of enrolled first-time students at University of Mount Olive 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.

Enrollment

University of Mount Olive has a total enrollment of 3,451 students. The full-time enrollment at University of Mount Olive is 1,541 students and the part-time enrollment is 1,910. This means that 44.7% of students enrolled at University of Mount Olive are enrolled full-time.

The enrolled student population at University of Mount Olive, both undergraduate and graduate, is 51.9% White, 28.5% Black or African American, 7.01% Two or More Races, 2.81% Hispanic or Latino, 0.753% Asian, 0.609% American Indian or Alaska Native, and 0.145% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Mount Olive in full-time Undergraduate programs are majority White Female (36.1%), followed by White Male (20.4%) and Black or African American Female (9.78%). Students enrolled in full-time Graduate programs are majority White Female (44.9%), followed by Black or African American Female (31.9%) and White Male (10.1%).

Full-Time vs Part-Time Enrollment

44.7%

Full-Time Enrollment

The total enrollment at University of Mount Olive, both undergraduate and graduate, is 3,451 students. The full-time enrollment at University of Mount Olive is 1,541 and the part-time enrollment is 1,910. This means that 44.7% of students enrolled at University of Mount Olive are enrolled full-time compared with 80.6% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at University of Mount Olive (in red) compares to similar universities.

Retention Rate over Time

68%

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 University of Mount Olive was 68%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), University of Mount Olive had a retention rate lower than its peers.

This chart shows the retention rate over time at University of Mount Olive (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,792
Black or African American
983
Two or More Races
242

The enrolled student population at University of Mount Olive is 51.9% White, 28.5% Black or African American, 7.01% Two or More Races, 2.81% Hispanic or Latino, 0.753% Asian, 0.609% American Indian or Alaska Native, and 0.145% 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, 184 students (5.33%) did not report their race.

Graduates

In 2017, 324 more women than men received degrees from University of Mount Olive. The majority of degree recipients at University of Mount Olive are white (520 degrees awarded). There were 2.35 times more white graduates than the next closest race/ethnicity group, black or african american (221 degrees).

The most common Bachelor's Degree concentration at University of Mount Olive is General Business Administration & Management (133 degrees awarded), followed by Early Childhood Education & Teaching (88 degrees) and Criminal Justice - Safety Studies (65 degrees).

The most specialized majors across all degree types at University of Mount Olive, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (37 degrees awarded), Agriculture (18 degrees), and Protective Services (65 degrees).

Workforce

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of Mount Olive are Elementary & middle school teachers (1,468,527 people), Secondary school teachers (495,414 people), Education administrators (260,163 people), Special education teachers (204,775 people), and Preschool & kindergarten teachers (188,825 people).

The most specialized majors at University of Mount Olive are Parks, Recreation, & Leisure (37 degrees awarded), Agriculture (18 degrees), Protective Services (65 degrees), Education (119 degrees), and Philosophy and Religious Studies (6 degrees).

Highest Paying Jobs by Major

Securities, commodities, & financial services sales agents

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Mount Olive are Securities, commodities, & financial services sales agents, Magnetic resonance imaging technologists, Actuaries, Cardiovascular technologists and technicians, and Physicians

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 University of Mount Olive are Elementary & secondary schools (2,731,067 people), Justice, public order, & safety activities (380,575 people), Colleges, universities & professional schools, including junior colleges (290,991 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (177,728 people), and Construction (110,057 people).

Degrees

Majors Awarded

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

Most Common

General Business Administration & Management
133 degree-majorss awarded
Early Childhood Education & Teaching
88 degree-majorss awarded
Criminal Justice - Safety Studies
65 degree-majorss awarded

In 2017, the most common bachelors degree concentration at University of Mount Olive was General Business Administration & Management with 133 degree-majorss awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at University of Mount Olive according to their major.

Gender Breakdown for Common Majors

Degrees Awarded to Men

In 2017, 273 degrees were awarded to men at University of Mount Olive, which is 0.457 times less than the number of degrees awarded to females (597).

This chart displays the gender disparity between the top 5 majors at University of Mount Olive by degrees awarded.

Most Common Male Majors

In 2017, 75 degrees were awarded to men at University of Mount Olive in General Business Administration & Management, which is 0.658 times less than the 114 female recipients with that same degree.

Most Common Female Majors

In 2017, 114 degrees were awarded to women at University of Mount Olive in General Business Administration & Management, which is 1.52 times more than the 75 male recipients with that same degree.

Time to Complete

27%

100% Completion Time

39%

150% Completion Time

In 2017, 27% of students graduating from University of Mount Olive completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 39% completed their degrees within 150% of the normal time, and 40% 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.

Hispanic or Latino Female

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate at University of Mount Olive is Female and Hispanic or Latino (66.7% 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, 13.9% of graduates (14 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
520 degrees awarded
Black or African American
221 degrees awarded
Hispanic or Latino
41 degrees awarded

The most common race/ethnicity at University of Mount Olive is white (520 degrees awarded). There were 2.35 times more white recipients than the next closest race/ethnicity group, black or african american (221 degrees).

3.68% of degree recipients (32 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
342 degrees awarded
White Male
178 degrees awarded
Black or African American Female
170 degrees awarded

The most common race/ethnicity and gender grouping at University of Mount Olive is white female (342 degrees awarded). There were 1.92 times more white female recipients than the next closest race/ethnicity group, white male (178 degrees).

Operations

University of Mount Olive has an endowment valued at nearly $33.8M, as of the end of the 2017 fiscal year. The return on its endowment was of $3.68M (10.9%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, University of Mount Olive had a total salary expenditure of $41.2M. University of Mount Olive employs 37 Assistant professors, 29 Associate professors, and 17 Professors. Most academics at University of Mount Olive are Male Associate professors (23), Female Assistant professors(19), and Male Assistant professors (18).

The most common positions for non-instructional staff at University of Mount Olive are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 61 employees, Management, with 52 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 30 employees.

Finances

Endowment

$33.8M

2017 Endowment

9.66%

growth from 2016

University of Mount Olive has an endowment valued at about $33.8M, as of the end of the 2017 fiscal year. The endowment of University of Mount Olive grew 9.66% from the previous year. The value of their endowment was $3.3M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at University of Mount Olive (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

$434k - Federal
$152k - State
$0 - Local

As of 2017, University of Mount Olive received $434k in grants and contracts from the federal government, $152k from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$17.3M

2017 Salaries

1.79%

growth from 2016

In 2017, University of Mount Olive paid a median of $17.3M in salaries, which represents 42% of their overall expenditure ($41.2M) and a 1.79% growth from the previous year. This is compared to a 2.97% growth from 2015 and a 11.1% growth from 2014.

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

Instructional Salaries

$5.87M

Instructional Salaries

Number of Employees

In 2017, University of Mount Olive paid a total of $5.87M to 91 employees working as instructors, which represents 33.9% of all salaries paid.

This is compared to a median of $4.89M (34.4%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

37 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

61 Employees

In 2017, the most common positions for instructional staff at University of Mount Olive were Assistant professor with 37 employees; Associate professor with 29 employees; and Associate professor with 17 employees.

In 2017, the most common positions for non-instructional staff at University of Mount Olive were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 61 employees; Management with 52 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 30 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Associate professor
Female Assistant professor
Male Assistant professor

In 2017, the most common demographic for instructional staff at University of Mount Olive was Male Associate professor with 23 employees, Female Assistant professor with 19 employees, and Male Assistant professor with 18 employees.

This chart shows the gender split between each academic rank present at University of Mount Olive.

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