Louisburg College

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2017 Undergraduate Tuition

$15,962

3.73% growth from 2016

2017 Average Net Price

$23,854

After Financial Aid

2016 Student Loan

26.5%

Default Rate

2017 Acceptance Rate

81%

1,039 Applicants

2017 Enrolled Students

624

96% Full-Time

2017 Graduation Rate

30.1%

110 Graduates

About

Louisburg College is a higher education institution located in Franklin County, NC. In 2016, the most popular Bachelor's Degree concentrations at Louisburg College were .

In 2017, 142 degrees were awarded across all undergraduate and graduate programs at Louisburg College. 39.4% of these degrees were awarded to women, and 60.6% awarded men. The majority of degree recipients were black or african american (56 degrees), 1.06 times more than then the next closest race/ethnicity group, white (53 degrees).

The median undergraduate tuition at Louisburg College is $15,962, which is $8,548 more than the national average for Associates Colleges ($7,414).

Costs

The median undergraduate tuition at Louisburg College is $15,962, which is $8,548 more than the national average for Associates Colleges ($7,414).

After taking grants and loans into account, the average net price for students is $23,854.

In 2017, 99% of undergraduate students received federal grants, while 93% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$15,962

2017 Undergraduate Tuition

In 2017, the cost of tuition at Louisburg College was $15,962. The cost of tuition at Louisburg College is $8,548 more than than the overall (public and private) national average for Associates Colleges ($7,414).

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

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Average Net Price

$23,854

2017 Value

37.5%

1 Year Growth

In 2017 Louisburg College had an average net price — the price paid after factoring in grants and loans — of $23,854. Between 2016 and 2017, the average net price of Louisburg College grew by 37.5%.

This chart compares the average net price of Louisburg 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

$8,500

Room and Board

$300

Books and Supplies

The average yearly cost of room and board at Louisburg College was of $8,500 in 2017. During the same period, the average yearly cost of books and supplies was $300. The cost of room and board did not change 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 Louisburg College (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

99%

Of Undergraduates Receive Grants

93%

Of Undergraduates Receive Federal Loans

99% of undergraduate students at Louisburg College received grants or loans in 2017. This represents a growth of 1.02% with respect to 2016, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at Louisburg 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.

26.5%

2016 Default Rate

112

Number of Defaults

In 2016 the default rate for borrower's at Louisburg College was 26.5%, which represents 112 out of the 423 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

Louisburg College received 1,039 undergraduate applications in 2017, which represents a 6.23% annual decline. Out of those 1,039 applicants, 842 students were accepted for enrollment, representing a 81% acceptance rate.

There were 624 students enrolled at Louisburg College in 2017, and 50% of first-time enrollees submitted SAT scores with their applications.

Louisburg College has an overall enrollment yield of 42.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

81%

Acceptance Rate in 2017

842

Accepted Out of 1,039

In 2017, the undergraduate acceptance rate of Louisburg College was 81% (842 admissions from 1,039 applications). This is higher than the acceptance rate of 2016, which was 74.8%. Between 2016 and 2017, the number of applicants declined by -6.23%, while admissions grew by 1.57%.

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

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SAT Scores

50%

Submission Percentage

207

Scores Submitted

50% of enrolled first-time students at Louisburg 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

Louisburg College has a total enrollment of 624 students. The full-time enrollment at Louisburg College is 599 students and the part-time enrollment is 25. This means that 96% of students enrolled at Louisburg College are enrolled full-time.

The enrolled student population at Louisburg College, both undergraduate and graduate, is 53.7% Black or African American, 21.2% White, 6.09% Two or More Races, 1.12% American Indian or Alaska Native, 0.321% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% Hispanic or Latino.

Students enrolled at Louisburg College in full-time Undergraduate programs are majority Black or African American Male (34.2%), followed by Black or African American Female (18.9%) and White Male (12.7%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

96%

Full-Time Enrollment

The total enrollment at Louisburg College, both undergraduate and graduate, is 624 students. The full-time enrollment at Louisburg College is 599 and the part-time enrollment is 25. This means that 96% of students enrolled at Louisburg College are enrolled full-time compared with 36% at similar Associates Colleges.

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

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Retention Rate over Time

43%

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 Louisburg College was 43%. Compared with the full-time retention rate at similar Associates Colleges (61%), Louisburg College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. Black or African American

    335

  2. White

    132

  3. Two or More Races

    38

The enrolled student population at Louisburg College is 53.7% Black or African American, 21.2% White, 6.09% Two or More Races, 1.12% American Indian or Alaska Native, 0.321% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 45.9% White, 25.3% Hispanic or Latino, and 12.8% Black or African American.

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Graduates

In 2017, 30 fewer women than men received degrees from Louisburg College. The majority of degree recipients at Louisburg College are black or african american (56 degrees awarded). There were 1.06 times more black or african american graduates than the next closest race/ethnicity group, white (53 degrees).

The most common Bachelor's Degree concentration at Louisburg College is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Louisburg College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Liberal Arts & Humanities (124 degrees awarded), Biology (15 degrees), and Business (3 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 Louisburg College are Accountants & auditors (1,094,525 people), Other managers (666,476 people), Financial managers (423,987 people), Physicians (395,968 people), and Elementary & middle school teachers (326,580 people).

The most specialized majors at Louisburg College are Liberal Arts & Humanities (124 degrees awarded), Biology (15 degrees), and Business (3 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Louisburg College are Surgeons, Physicians, Dentists, Chief executives & legislators, and Magnetic resonance imaging technologists

The most specialized majors at Louisburg College are Liberal Arts & Humanities (124 degrees awarded), Biology (15 degrees), and Business (3 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 Louisburg College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (718,121 people), Elementary & secondary schools (639,697 people), Colleges, universities & professional schools, including junior colleges (544,045 people), Banking & related activities (491,405 people), and Computer Systems Design (435,495 people).

The most specialized majors at Louisburg College are Liberal Arts & Humanities (124 degrees awarded), Biology (15 degrees), and Business (3 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 Louisburg College.

Most Common

  1. N/A

    N/A degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In false, the most common bachelors degree concentration at Louisburg College was N/A with N/A degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 86

  2. 56

In 2017, 86 degrees were awarded to men at Louisburg College, which is 1.54 times more than the number of degrees awarded to females (56).

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

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Most Common Male Majors

In false, 76 degrees were awarded to men at Louisburg College in Liberal Arts & Sciences, which is 1.58 times more than the 48 female recipients with that same degree.

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Most Common Female Majors

In false, 48 degrees were awarded to women at Louisburg College in Liberal Arts & Sciences, which is 0.632 times less than the 76 male recipients with that same degree.

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Time to Complete

13%

100% Completion Time

16%

150% Completion Time

In 2017, 13% of students graduating from Louisburg College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 16% completed their degrees within 150% of the normal time, and 16% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates 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.

Asian Female

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate at Louisburg College is Female and Asian (66.7% graduation rate). Across all Associates 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, 10% of graduates (11 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. Black or African American

    56 degrees awarded

  2. White

    53 degrees awarded

  3. Unknown

    21 degrees awarded

The most common race/ethnicity at Louisburg College is black or african american (56 degrees awarded). There were 1.06 times more black or african american recipients than the next closest race/ethnicity group, white (53 degrees).

14.8% of degree recipients (21 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. Black or African American Male

    33 degrees awarded

  2. White Male

    32 degrees awarded

  3. Black or African American Female

    23 degrees awarded

The most common race/ethnicity and gender grouping at Louisburg College is black or african american male (33 degrees awarded). There were 1.03 times more black or african american male recipients than the next closest race/ethnicity group, white male (32 degrees).

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Operations

Louisburg College has an endowment valued at nearly $14.1M, as of the end of the 2017 fiscal year. The return on its endowment was of $469k (3.33%), compared to the 2.22% average return ($81.1k on $3.66M) across all Associates Colleges.

In 2017, Louisburg College had a total salary expenditure of $17.4M. Louisburg College employs 13 Instructors, 10 Associate professors, and 10 Assistant professors. Most academics at Louisburg College are Female Instructors (12), Female Associate professors(6), and Male Assistant professors (6).

The most common positions for non-instructional staff at Louisburg College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 20 employees, Office and Administrative Support, with 19 employees, and Service with 15 employees.

Finances

Endowment

$14.1M

2017 Endowment

3.24%

growth from 2016

Louisburg College has an endowment valued at about $14.1M, as of the end of the 2017 fiscal year. The endowment of Louisburg College grew 3.24% from the previous year. The value of their endowment was $10.4M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Louisburg College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-High Traditional Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $267k - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Louisburg College received $267k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$5.97M

2017 Salaries

3.17%

growth from 2016

In 2017, Louisburg College paid a median of $5.97M in salaries, which represents 34.4% of their overall expenditure ($17.4M) and a 3.17% growth from the previous year. This is compared to a 0.139% growth from 2015 and a 12.9% decline from 2014.

The median for similar Associates Colleges is 14.9M (41.7% of overall expenditures).

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Instructional Salaries

$1.62M

Instructional Salaries

37

Number of Employees

In 2017, Louisburg College paid a total of $1.62M to 37 employees working as instructors, which represents 27.1% of all salaries paid.

This is compared to a median of $6.95M (28.7%) for similar Associates Colleges: High Transfer-High Traditional.

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Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

13 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

20 Employees

In 2017, the most common positions for instructional staff at Louisburg College were Instructor with 13 employees; Associate professor with 10 employees; and Associate professor with 10 employees.

In 2017, the most common positions for non-instructional staff at Louisburg College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 20 employees; Office and Administrative Support with 19 employees; and Service with 15 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Instructor

  2. Female Associate professor

  3. Male Assistant professor

In 2017, the most common demographic for instructional staff at Louisburg College was Female Instructor with 12 employees, Female Associate professor with 6 employees, and Male Assistant professor with 6 employees.

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

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