Carleton College

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2017 Undergraduate Tuition

$52,476

3.75% growth from 2016

2017 Average Net Price

$28,148

After Financial Aid

2016 Student Loan

1.04%

Default Rate

2017 Acceptance Rate

21.2%

6,499 Applicants

2017 Enrolled Students

2,078

98.9% Full-Time

2016 Graduation Rate

92.2%

471 Graduates

About

Carleton College is a higher education institution located in Rice County, MN. In 2016, the most popular Bachelor's Degree concentrations at Carleton College were Computer Science (66 degrees awarded), General Biological Sciences (54 degrees), and General Economics (46 degrees).

In 2017, 558 degrees were awarded across all undergraduate and graduate programs at Carleton College. 50.5% of these degrees were awarded to women, and 49.5% awarded men. The majority of degree recipients were white (354 degrees), 6.32 times more than then the next closest race/ethnicity group, asian (56 degrees).

The median undergraduate tuition at Carleton College is $52,476, which is $27,282 more than the national average for Baccalaureate Colleges ($25,194).

About the photo: Skinner Memorial Chapel - Carleton College - Northfield, Minnesota

Costs

The median undergraduate tuition at Carleton College is $52,476, which is $27,282 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $28,148.

In 2017, 62% of undergraduate students received federal grants, while 44% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$52,476

2017 Undergraduate Tuition

In 2017, the cost of tuition at Carleton College was $52,476. The cost of tuition at Carleton College is $27,282 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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

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Average Net Price

$28,148

2017 Value

1.54%

1 Year Growth

In 2017 Carleton College had an average net price — the price paid after factoring in grants and loans — of $28,148. Between 2016 and 2017, the average net price of Carleton College grew by 1.54%.

This chart compares the average net price of Carleton 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

$13,197

Room and Board

$822

Books and Supplies

The average yearly cost of room and board at Carleton College was of $13,197 in 2017. During the same period, the average yearly cost of books and supplies was $822. The cost of room and board increased by 3.24% between 2016 and 2017. The cost of books and supplies increased by 2.75% during the same period.

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

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Financial Aid

Financial Aid by Income Level

62%

Of Undergraduates Receive Grants

44%

Of Undergraduates Receive Federal Loans

62% of undergraduate students at Carleton College received grants or loans in 2017. This represents a decline of 4.62% with respect to 2016, when 65% of undergraduate students received financial aid.

This chart compares the average award discount at Carleton 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.

1.04%

2016 Default Rate

2

Number of Defaults

In 2016 the default rate for borrower's at Carleton College was 1.04%, which represents 2 out of the 192 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

Carleton College received 6,499 undergraduate applications in 2017, which represents a 0.216% annual growth. Out of those 6,499 applicants, 1,378 students were accepted for enrollment, representing a 21.2% acceptance rate.

There were 2,078 students enrolled at Carleton College in 2017, and 46% of first-time enrollees submitted SAT scores with their applications.

Carleton College has an overall enrollment yield of 37.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

21.2%

Acceptance Rate in 2017

1,378

Accepted Out of 6,499

In 2017, the undergraduate acceptance rate of Carleton College was 21.2% (1,378 admissions from 6,499 applications). This is lower than the acceptance rate of 2016, which was 22.6%. Between 2016 and 2017, the number of applicants grew by 0.216%, while admissions declined by -6.07%.

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

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SAT Scores

46%

Submission Percentage

242

Scores Submitted

46% of enrolled first-time students at Carleton 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

Carleton College has a total enrollment of 2,078 students. The full-time enrollment at Carleton College is 2,055 students and the part-time enrollment is 23. This means that 98.9% of students enrolled at Carleton College are enrolled full-time.

The enrolled student population at Carleton College, both undergraduate and graduate, is 60.2% White, 8.04% Hispanic or Latino, 7.51% Asian, 6.06% Two or More Races, 4.67% Black or African American, 0.0481% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Carleton College in full-time Undergraduate programs are majority White Female (30.9%), followed by White Male (29.5%) and Hispanic or Latino Male (4.33%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.9%

Full-Time Enrollment

The total enrollment at Carleton College, both undergraduate and graduate, is 2,078 students. The full-time enrollment at Carleton College is 2,055 and the part-time enrollment is 23. This means that 98.9% of students enrolled at Carleton 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 Carleton College (in red) compares to similar universities.

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Retention Rate over Time

96%

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 Carleton College was 96%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Carleton College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,251

  2. Hispanic or Latino

    167

  3. Asian

    156

The enrolled student population at Carleton College is 60.2% White, 8.04% Hispanic or Latino, 7.51% Asian, 6.06% Two or More Races, 4.67% Black or African American, 0.0481% American Indian or Alaska Native, and 0% 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, 67 students (3.22%) did not report their race.

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Graduates

In 2017, 6 more women than men received degrees from Carleton College. The majority of degree recipients at Carleton College are white (354 degrees awarded). There were 6.32 times more white graduates than the next closest race/ethnicity group, asian (56 degrees).

The most common Bachelor's Degree concentration at Carleton College is Computer Science (66 degrees awarded), followed by General Biological Sciences (54 degrees) and General Economics (46 degrees).

The most specialized majors across all degree types at Carleton College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Cultural & Gender Studies (22 degrees awarded), Physical Sciences (78 degrees), and Math & Statistics (55 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 Carleton College are Postsecondary teachers (172,230 people), Elementary & middle school teachers (161,970 people), Lawyers, & judges, magistrates, & other judicial workers (143,601 people), Other managers (141,865 people), and Physicians (92,621 people).

The most specialized majors at Carleton College are Cultural & Gender Studies (22 degrees awarded), Physical Sciences (78 degrees), Math & Statistics (55 degrees), Philosophy and Religious Studies (12 degrees), and History (21 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Carleton College are Chemists & materials scientists, Dentists, Surgeons, Sales managers, and Securities, commodities, & financial services sales agents

The most specialized majors at Carleton College are Cultural & Gender Studies (22 degrees awarded), Physical Sciences (78 degrees), Math & Statistics (55 degrees), Philosophy and Religious Studies (12 degrees), and History (21 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 Carleton College are Colleges, universities & professional schools, including junior colleges (311,375 people), Elementary & secondary schools (304,300 people), Computer Systems Design (143,999 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (118,784 people), and Legal services (109,494 people).

The most specialized majors at Carleton College are Cultural & Gender Studies (22 degrees awarded), Physical Sciences (78 degrees), Math & Statistics (55 degrees), Philosophy and Religious Studies (12 degrees), and History (21 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 Carleton College.

Most Common

  1. 66 degrees awarded

  2. 54 degrees awarded

  3. 46 degrees awarded

In 2017, the most common bachelors degree concentration at Carleton College was Computer Science with 66 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 276

  2. 282

In 2017, 276 degrees were awarded to men at Carleton College, which is 0.979 times less than the number of degrees awarded to females (282).

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

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Most Common Male Majors

In 2017, 47 degrees were awarded to men at Carleton College in Computer Science, which is 2.47 times more than the 19 female recipients with that same degree.

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Most Common Female Majors

In 2017, 41 degrees were awarded to women at Carleton College in General Biological Sciences, which is 3.15 times more than the 13 male recipients with that same degree.

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Time to Complete

91%

100% Completion Time

95%

150% Completion Time

In 2017, 91% of students graduating from Carleton College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 95% completed their degrees within 150% of the normal time, and 95% 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 (100%)

The student demographic with the highest graduation rate at Carleton College is Female and Hispanic or Latino (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

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, 2.76% of graduates (13 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    354 degrees awarded

  2. Asian

    56 degrees awarded

  3. Hispanic or Latino

    29 degrees awarded

The most common race/ethnicity at Carleton College is white (354 degrees awarded). There were 6.32 times more white recipients than the next closest race/ethnicity group, asian (56 degrees).

1.61% of degree recipients (9 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    185 degrees awarded

  2. White Female

    169 degrees awarded

  3. Asian Female

    36 degrees awarded

The most common race/ethnicity and gender grouping at Carleton College is white male (185 degrees awarded). There were 1.09 times more white male recipients than the next closest race/ethnicity group, white female (169 degrees).

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Operations

Carleton College has an endowment valued at nearly $828M, as of the end of the 2017 fiscal year. The return on its endowment was of $114M (13.8%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Carleton College had a total expenditure of $138M. Of that $138M, they spent $56.1M on salaries and $138M on benefits.

Carleton College employs 108 Professors, 65 Assistant professors, and 50 Associate professors. Most academics at Carleton College are Male Professors (59), Female Professors(49), and Male Assistant professors (33).

The most common positions for non-instructional staff at Carleton College are: Management, with 75 employees, Service, with 71 employees, and Office and Administrative Support with 57 employees.

Finances

Endowment

$828M

2017 Endowment

12.2%

growth from 2016

Carleton College has an endowment valued at about $828M, as of the end of the 2017 fiscal year. The endowment of Carleton College grew 12.2% from the previous year. The value of their endowment was $791M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Carleton 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. $4.27M - Federal

  2. $483k - State

  3. $0 - Local

As of 2017, Carleton College received $4.27M in grants and contracts from the federal government, $483k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$56.1M

Salary Expenditure

$138M

Benefits Expenditure

In 2017, Carleton College had a total expenditure of $138M. Of that $138M, they spent $56.1M on salaries and $138M on benefits.

The bar chart shows the share of the primary expenses at Carleton College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Carleton College as a share of total expenditure.

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Salary Expenditure

$56.1M

2017 Salaries

3.68%

growth from 2016

In 2017, Carleton College paid a median of $56.1M in salaries, which represents 40.6% of their overall expenditure ($138M) and a 3.68% growth from the previous year. This is compared to a 3.64% decline from 2015 and a 4.01% growth from 2014.

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

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Instructional Salaries

$25.9M

Instructional Salaries

248

Number of Employees

In 2017, Carleton College paid a total of $25.9M to 248 employees working as instructors, which represents 46.1% 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

108 Employees

Management

Most Common Non-Instructional Employee

75 Employees

In 2017, the most common positions for instructional staff at Carleton College were Professor with 108 employees; Assistant professor with 65 employees; and Assistant professor with 50 employees.

In 2017, the most common positions for non-instructional staff at Carleton College were Management with 75 employees; Service with 71 employees; and Office and Administrative Support with 57 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Professor

  3. Male Assistant professor

In 2017, the most common demographic for instructional staff at Carleton College was Male Professor with 59 employees, Female Professor with 49 employees, and Male Assistant professor with 33 employees.

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

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