Meredith College

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2022 Undergraduate Tuition
$42,540
3.49% growth from 2021
2022 Average Net Price
$23,259
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Acceptance Rate
73.2%
1,775 Applicants
2022 Enrolled Students
1,587
85.8% Full-Time

About

Meredith College is a higher education institution located in Wake County, NC.

The median undergraduate tuition at Meredith College is $42,540, which is $14,210 more than the national average for Baccalaureate Colleges ($28,330).

In 2020 the default rate for borrower's at Meredith College was 0%, corresponding to 0 out of the 518 total borrowers.

Costs

In 2022, the median undergraduate tuition at Meredith College is $42,540, which is $14,210 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $23,259.

In 2022, 97% of undergraduate students attending Meredith College received financial aid through grants. Comparatively, 58% of undergraduate students received financial aid through loans.

Tuition Costs

$42,540
2022 Undergraduate Tuition

In 2022, the cost of tuition at Meredith College was $42,540. The cost of tuition at Meredith College is $14,210 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

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Average Net Price

$23,259
2022 Value
7.1%
1 Year Growth

In 2022 Meredith College had an average net price — the price paid after factoring in grants and loans — of $23,259. Between 2021 and 2022, the average net price of Meredith College grew by 7.1%.

This chart compares the average net price of Meredith 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

$12,120
Room and Board
$850
Books and Supplies

The average yearly cost of room and board at Meredith College was of $12,120 in 2022. The cost of room and board increased by 3.18% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $850. The cost of books and supplies did not change during the same period.

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

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Financial Aid by Income Level

97%
Undergraduates Receiving Financial Aid through Grants
58%
Undergraduates Receiving Financial Aid through Loans

97% of undergraduate students at Meredith College received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Meredith 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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Meredith College was 0%, which represents 0 out of the 518 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

Meredith College received 1,775 undergraduate applications in 2022, which represents a 4.04% annual growth. Out of those 1,775 applicants, 1,299 students were accepted for enrollment, representing a 73.2% acceptance rate.

There were 1,587 students enrolled at Meredith College in 2022. 16% of first-time enrollees submitted SAT scores with their applications.

Meredith College has an overall enrollment yield of 25.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

73.2%
Acceptance Rate in 2022
1,299
Accepted Out of 1,775

In 2022, the undergraduate acceptance rate of Meredith College was 73.2% (1,299 admissions from 1,775 applications). This is higher than the acceptance rate of 2021, which was 69.9%. Between 2021 and 2022, the number of applicants grew by 4.04%, while admissions grew by 8.98%.

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

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SAT Scores

16%
Submission Percentage (2022)
53
Scores Submitted (2022)

16% of enrolled first-time students at Meredith College in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Meredith College had a total enrollment of 1,587 students in 2022. The full-time enrollment at Meredith College is 1,361 students and the part-time enrollment is 226. This means that 85.8% of students enrolled at Meredith College are enrolled full-time.

Full-Time vs Part-Time Enrollment

85.8%
Full-Time Enrollment

The total enrollment at Meredith College in 2022, both undergraduate and graduate, is 1,587 students. The full-time enrollment at Meredith College is 1,361 and the part-time enrollment is 226. This means that 85.8% of students enrolled at Meredith College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

77%
2022 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 Meredith College was 77%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Meredith College had a retention rate higher than its peers.

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

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Graduates

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (87.5%)

The student demographic with the highest graduation rate in 2022 at Meredith College is Female and Asian (87.5% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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.

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Operations

Meredith College has an endowment valued at nearly $125M, as of the end of the 2022 fiscal year. The return on its endowment was of −15.8M (−12.7%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Meredith College had a total salary expenditure of 58.2M. Meredith College employs 45 Assistant professors, 39 Professors and 33 Associate professors.

Endowment

$125M
2022 Endowment
13.7%
decline from 2021

Meredith College has an endowment valued at about $125M, as of the end of the 2022 fiscal year. The endowment of Meredith College declined 13.7% from the previous year. The value of their endowment was $75.4M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Meredith 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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Occupations by Share

Assistant professor
Most Common Instructor
45 Employees

In 2022, the most common positions for instructional staff at Meredith College were Assistant professor with 45 employees, Professor with 39 employees, and Associate professor with 33 employees.

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