Grinnell College

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2017 Undergraduate Tuition

$50,014

3.5% growth from 2016

2017 Average Net Price

$29,492

After Financial Aid

2016 Student Loan

1.01%

Default Rate

2017 Acceptance Rate

28.9%

5,850 Applicants

2017 Enrolled Students

1,712

97.1% Full-Time

2016 Graduation Rate

85.8%

356 Graduates

About

Grinnell College is a higher education institution located in Poweshiek County, IA. In 2016, the most popular Bachelor's Degree concentrations at Grinnell College were General Economics (49 degrees awarded), General Political Science & Government (47 degrees), and Computer Science (40 degrees).

In 2017, 509 degrees were awarded across all undergraduate and graduate programs at Grinnell College. 58.5% of these degrees were awarded to women, and 41.5% awarded men. The majority of degree recipients were white (275 degrees), 5.29 times more than then the next closest race/ethnicity group, hispanic or latino (52 degrees).

The median undergraduate tuition at Grinnell College is $50,014, which is $24,820 more than the national average for Baccalaureate Colleges ($25,194).

Costs

The median undergraduate tuition at Grinnell College is $50,014, which is $24,820 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $29,492.

In 2017, 88% of undergraduate students received federal grants, while 40% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$50,014

2017 Undergraduate Tuition

In 2017, the cost of tuition at Grinnell College was $50,014. The cost of tuition at Grinnell College is $24,820 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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

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Average Net Price

$29,492

2017 Value

1.73%

1 Year Growth

In 2017 Grinnell College had an average net price — the price paid after factoring in grants and loans — of $29,492. Between 2016 and 2017, the average net price of Grinnell College grew by 1.73%.

This chart compares the average net price of Grinnell 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

$11,980

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Grinnell College was of $11,980 in 2017. During the same period, the average yearly cost of books and supplies was $900. The cost of room and board increased by 5.01% 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 Grinnell College (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

88%

Of Undergraduates Receive Grants

40%

Of Undergraduates Receive Federal Loans

88% of undergraduate students at Grinnell College received grants or loans in 2017. This represents a decline of 2.22% with respect to 2016, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Grinnell 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.

1.01%

2016 Default Rate

3

Number of Defaults

In 2016 the default rate for borrower's at Grinnell College was 1.01%, which represents 3 out of the 296 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

Grinnell College received 5,850 undergraduate applications in 2017, which represents a 20.6% annual decline. Out of those 5,850 applicants, 1,689 students were accepted for enrollment, representing a 28.9% acceptance rate.

There were 1,712 students enrolled at Grinnell College in 2017, and 34% of first-time enrollees submitted SAT scores with their applications.

Grinnell College has an overall enrollment yield of 26.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

28.9%

Acceptance Rate in 2017

1,689

Accepted Out of 5,850

In 2017, the undergraduate acceptance rate of Grinnell College was 28.9% (1,689 admissions from 5,850 applications). This is higher than the acceptance rate of 2016, which was 20.2%. Between 2016 and 2017, the number of applicants declined by -20.6%, while admissions grew by 13.5%.

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

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SAT Scores

34%

Submission Percentage

154

Scores Submitted

34% of enrolled first-time students at Grinnell 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

Grinnell College has a total enrollment of 1,712 students. The full-time enrollment at Grinnell College is 1,662 students and the part-time enrollment is 50. This means that 97.1% of students enrolled at Grinnell College are enrolled full-time.

The enrolled student population at Grinnell College, both undergraduate and graduate, is 50.8% White, 7.54% Asian, 6.95% Hispanic or Latino, 5.84% Black or African American, 4.38% Two or More Races, 0% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Grinnell College in full-time Undergraduate programs are majority White Female (27.4%), followed by White Male (23.8%) and Hispanic or Latino Female (4.27%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

97.1%

Full-Time Enrollment

The total enrollment at Grinnell College, both undergraduate and graduate, is 1,712 students. The full-time enrollment at Grinnell College is 1,662 and the part-time enrollment is 50. This means that 97.1% of students enrolled at Grinnell 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 Grinnell 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 Grinnell College was 96%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Grinnell College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    870

  2. Asian

    129

  3. Hispanic or Latino

    119

The enrolled student population at Grinnell College is 50.8% White, 7.54% Asian, 6.95% Hispanic or Latino, 5.84% Black or African American, 4.38% Two or More Races, 0% Native Hawaiian or Other Pacific Islanders, and 0% 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 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, 93 students (5.43%) did not report their race.

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Graduates

In 2017, 87 more women than men received degrees from Grinnell College. The majority of degree recipients at Grinnell College are white (275 degrees awarded). There were 5.29 times more white graduates than the next closest race/ethnicity group, hispanic or latino (52 degrees).

The most common Bachelor's Degree concentration at Grinnell College is General Economics (49 degrees awarded), followed by General Political Science & Government (47 degrees) and Computer Science (40 degrees).

The most specialized majors across all degree types at Grinnell College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Language & Linguistics (42 degrees awarded), Cultural & Gender Studies (15 degrees), and Physical Sciences (47 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Grinnell College are Lawyers, & judges, magistrates, & other judicial workers (326,762 people), Other managers (288,097 people), Elementary & middle school teachers (237,987 people), Postsecondary teachers (225,618 people), and Chief executives & legislators (119,452 people).

The most specialized majors at Grinnell College are Language & Linguistics (42 degrees awarded), Cultural & Gender Studies (15 degrees), Physical Sciences (47 degrees), Math & Statistics (31 degrees), and Social Sciences (137 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 Grinnell College are Nuclear medicine technologists and medical dosimetrists, Chemists & materials scientists, Dentists, Cardiovascular technologists and technicians, and Sales managers

The most specialized majors at Grinnell College are Language & Linguistics (42 degrees awarded), Cultural & Gender Studies (15 degrees), Physical Sciences (47 degrees), Math & Statistics (31 degrees), and Social Sciences (137 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Grinnell College are Elementary & secondary schools (457,920 people), Colleges, universities & professional schools, including junior colleges (440,900 people), Legal services (268,640 people), Computer Systems Design (237,858 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (203,884 people).

The most specialized majors at Grinnell College are Language & Linguistics (42 degrees awarded), Cultural & Gender Studies (15 degrees), Physical Sciences (47 degrees), Math & Statistics (31 degrees), and Social Sciences (137 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 Grinnell College.

Most Common

  1. 49 degrees awarded

  2. 47 degrees awarded

  3. 40 degrees awarded

In 2017, the most common bachelors degree concentration at Grinnell College was General Economics with 49 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 211

  2. 298

In 2017, 211 degrees were awarded to men at Grinnell College, which is 0.708 times less than the number of degrees awarded to females (298).

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

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Most Common Male Majors

In 2017, 33 degrees were awarded to men at Grinnell College in General Economics, which is 2.06 times more than the 16 female recipients with that same degree.

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Most Common Female Majors

In 2017, 25 degrees were awarded to women at Grinnell College in General Biological Sciences, which is 2.08 times more than the 12 male recipients with that same degree.

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Time to Complete

79%

100% Completion Time

86%

150% Completion Time

In 2017, 79% of students graduating from Grinnell 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Grinnell College is Male and Two or More Races (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, 4.21% of graduates (15 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    275 degrees awarded

  2. Hispanic or Latino

    52 degrees awarded

  3. Asian

    41 degrees awarded

The most common race/ethnicity at Grinnell College is white (275 degrees awarded). There were 5.29 times more white recipients than the next closest race/ethnicity group, hispanic or latino (52 degrees).

2.16% of degree recipients (11 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    157 degrees awarded

  2. White Male

    118 degrees awarded

  3. Hispanic or Latino Female

    28 degrees awarded

The most common race/ethnicity and gender grouping at Grinnell College is white female (157 degrees awarded). There were 1.33 times more white female recipients than the next closest race/ethnicity group, white male (118 degrees).

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Operations

Grinnell College has an endowment valued at nearly $1.87B, as of the end of the 2017 fiscal year. The return on its endowment was of $303M (16.2%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Grinnell College had a total expenditure of $126M. Of that $126M, they spent $50.9M on salaries and $126M on benefits.

Grinnell College employs 74 Assistant professors, 64 Associate professors, and 51 Professors. Most academics at Grinnell College are Male Associate professors (40), Male Assistant professors(40), and Female Assistant professors (34).

The most common positions for non-instructional staff at Grinnell College are: Service, with 122 employees, Office and Administrative Support, with 90 employees, and Management with 60 employees.

Finances

Endowment

$1.87B

2017 Endowment

13.5%

growth from 2016

Grinnell College has an endowment valued at about $1.87B, as of the end of the 2017 fiscal year. The endowment of Grinnell College grew 13.5% from the previous year. The value of their endowment was $1.83B higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Grinnell 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. $1.09M - Federal

  2. $45k - State

  3. $0 - Local

As of 2017, Grinnell College received $1.09M in grants and contracts from the federal government, $45k 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.

$50.9M

Salary Expenditure

$126M

Benefits Expenditure

In 2017, Grinnell College had a total expenditure of $126M. Of that $126M, they spent $50.9M on salaries and $126M on benefits.

The bar chart shows the share of the primary expenses at Grinnell 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 Grinnell College as a share of total expenditure.

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Salary Expenditure

$50.9M

2017 Salaries

8.71%

growth from 2016

In 2017, Grinnell College paid a median of $50.9M in salaries, which represents 40.5% of their overall expenditure ($126M) and a 8.71% growth from the previous year. This is compared to a 3.51% decline from 2015 and a 5.13% growth from 2014.

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

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Instructional Salaries

$20.3M

Instructional Salaries

204

Number of Employees

In 2017, Grinnell College paid a total of $20.3M to 204 employees working as instructors, which represents 39.9% 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

Assistant professor

Most Common Instructor

74 Employees

Service

Most Common Non-Instructional Employee

122 Employees

In 2017, the most common positions for instructional staff at Grinnell College were Assistant professor with 74 employees; Associate professor with 64 employees; and Associate professor with 51 employees.

In 2017, the most common positions for non-instructional staff at Grinnell College were Service with 122 employees; Office and Administrative Support with 90 employees; and Management with 60 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Associate professor

  2. Male Assistant professor

  3. Female Assistant professor

In 2017, the most common demographic for instructional staff at Grinnell College was Male Associate professor with 40 employees, Male Assistant professor with 40 employees, and Female Assistant professor with 34 employees.

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

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