Roanoke College (233426)

www.roanoke.edu

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2022 Undergraduate Tuition

$33,510

28% growth from 2021

2022 Average Net Price

$29,169

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

79.8%

5,055 Applicants

2022 Enrolled Students

1,826

96.3% Full-Time

2022 Graduation Rate

71.3%

361 Graduates

About

Roanoke College (233426) is a higher education institution located in Salem city, VA.

In 2022, 477 degrees were awarded across all undergraduate and graduate programs at Roanoke College (233426). 61% of these degrees were awarded to women, and 39% awarded men. The most common race/ethnicity group of degree recipients was white (389 degrees), 12.5 times more than then the next closest race/ethnicity group, two or more races (31 degrees).

The median undergraduate tuition at Roanoke College (233426) is $33,510, which is $5,180 more than the national average for Baccalaureate Colleges ($28,330).

In 2020 the default rate for borrower's at Roanoke College (233426) was 0%, corresponding to 0 out of the 497 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Roanoke College (233426) is $33,510, which is $5,180 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $29,169.

In 2022, 99% of undergraduate students attending Roanoke College (233426) received financial aid through grants. Comparatively, 66% of undergraduate students received financial aid through loans.

Tuition Costs

$33,510

2022 Undergraduate Tuition

In 2022, the cost of tuition at Roanoke College (233426) was $33,510. The cost of tuition at Roanoke College (233426) is $5,180 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

This chart compares the tuition costs of Roanoke College (233426) (in red) with those of other similar universities.

Average Net Price

$29,169

2022 Value

5.08%

1 Year Growth

In 2022 Roanoke College (233426) had an average net price — the price paid after factoring in grants and loans — of $29,169. Between 2021 and 2022, the average net price of Roanoke College (233426) grew by 5.08%.

This chart compares the average net price of Roanoke College (233426) (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

$15,149

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Roanoke College (233426) was of $15,149 in 2022. The cost of room and board increased by 3.02% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Roanoke College (233426) (in red) with that of similar universities.

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

66%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Roanoke College (233426) received financial aid through grants or loans in 2022. This represents a decline of 1% with respect to 2021, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Roanoke College (233426) (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Roanoke College (233426) was 0%, which represents 0 out of the 497 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

Roanoke College (233426) received 5,055 undergraduate applications in 2022, which represents a 2.06% annual growth. Out of those 5,055 applicants, 4,032 students were accepted for enrollment, representing a 79.8% acceptance rate.

There were 1,826 students enrolled at Roanoke College (233426) in 2022. 37% of first-time enrollees submitted SAT scores with their applications.

Roanoke College (233426) has an overall enrollment yield of 12.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

79.8%

Acceptance Rate in 2022

4,032

Accepted Out of 5,055

In 2022, the undergraduate acceptance rate of Roanoke College (233426) was 79.8% (4,032 admissions from 5,055 applications). This is lower than the acceptance rate of 2021, which was 80.4%. Between 2021 and 2022, the number of applicants grew by 2.06%, while admissions grew by 1.28%.

This chart compares the acceptance rate of Roanoke College (233426) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

37%

Submission Percentage (2022)

185

Scores Submitted (2022)

37% of enrolled first-time students at Roanoke College (233426) 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.

Enrollment

Roanoke College (233426) had a total enrollment of 1,826 students in 2022. The full-time enrollment at Roanoke College (233426) is 1,759 students and the part-time enrollment is 67. This means that 96.3% of students enrolled at Roanoke College (233426) are enrolled full-time.

The enrolled student population at Roanoke College (233426), both undergraduate and graduate, is 79.7% White, 6.41% Hispanic or Latino, 5.15% Black or African American, 3.34% Two or More Races, 1.86% Asian, 0.438% American Indian or Alaska Native, and 0.164% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Roanoke College (233426) in full-time Undergraduate programs are most commonly White Female (42.9%), followed by White Male (36.7%) and Hispanic or Latino Female (3.52%).

Full-Time vs Part-Time Enrollment

96.3%

Full-Time Enrollment

The total enrollment at Roanoke College (233426) in 2022, both undergraduate and graduate, is 1,826 students. The full-time enrollment at Roanoke College (233426) is 1,759 and the part-time enrollment is 67. This means that 96.3% of students enrolled at Roanoke College (233426) are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Roanoke College (233426) (in red) compares to similar universities.

Retention Rate over Time

74%

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 Roanoke College (233426) was 74%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Roanoke College (233426) had a retention rate higher than its peers.

This chart shows the retention rate over time at Roanoke College (233426) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
1,456 enrolled students
Hispanic or Latino
117 enrolled students
Black or African American
94 enrolled students

The enrolled student population at Roanoke College (233426) is 79.7% White, 6.41% Hispanic or Latino, 5.15% Black or African American, 3.34% Two or More Races, 1.86% Asian, 0.438% American Indian or Alaska Native, and 0.164% 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 54.3% White, 13.8% Hispanic or Latino, and 13.1% Black or African American.

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, 4 students (0.219%) did not report their race.

Graduates

In 2022, 105 more women than men received degrees from Roanoke College (233426). The most common race/ethnicity group of degree recipients at Roanoke College (233426) is white (389 degrees awarded). There were 12.5 times more white recipients than the next closest race/ethnicity group, two or more races (31 degrees).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Roanoke College (233426).

Most Common (2022)

General Business Administration & Management
75 degrees awarded
General Psychology
49 degrees awarded
General Biological Sciences
35 degrees awarded

In 2022, the most common bachelors degree concentration at Roanoke College (233426) was General Business Administration & Management with 75 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Roanoke College (233426) according to their major.

Sex Breakdown for Common Majors

186

Degrees Awarded to Men

in 2022

291

Degrees Awarded to Women

in 2022

In 2022, 186 degrees were awarded to men at Roanoke College (233426), which is 0.639 times less than the number of degrees awarded to females (291).

This chart displays the sex disparity between the top 5 majors at Roanoke College (233426) by degrees awarded.

Most Common Male Majors

Most Common Female Majors

Time to Complete

64%

100% Completion Time

70%

150% Completion Time

In 2022, 64% of students graduating from Roanoke College (233426) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 70% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Roanoke College (233426) is Male and Asian (100% 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.

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, 3.05% of graduates (11 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
389 degrees awarded
Two or More Races
31 degrees awarded
Black or African American
22 degrees awarded

The most common race/ethnicity at Roanoke College (233426) is white (389 degrees awarded). There were 12.5 times more white recipients than the next closest race/ethnicity group, two or more races (31 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
237 degrees awarded
White Male
152 degrees awarded
Two or More Races Female
20 degrees awarded

The most common race/ethnicity and sex grouping at Roanoke College (233426) is white female (237 degrees awarded). There were 1.56 times more white female recipients than the next closest race/ethnicity group, white male (152 degrees).

Operations

Roanoke College (233426) has an endowment valued at nearly $160M, as of the end of the 2022 fiscal year. The return on its endowment was of −18.3M (−11.5%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Roanoke College (233426) had a total salary expenditure of 70.9M. Roanoke College (233426) employs 46 Associate professors, 44 Professors and 42 No academic ranks. Most academics at Roanoke College (233426) are Female No academic rank (26), Male Associate professor (25), and Male Professor (23).

The most common positions for non-instructional staff at Roanoke College (233426) are: Management, with 45 employees, Service, with 45 employees, and Office and Administrative Support with 34 employees.

Endowment

$160M

2022 Endowment

12.6%

decline from 2021

Roanoke College (233426) has an endowment valued at about $160M, as of the end of the 2022 fiscal year. The endowment of Roanoke College (233426) declined 12.6% from the previous year. The value of their endowment was $110M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Roanoke College (233426) (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.

Salary Expenditure

$29.8M

2022 Salaries

9.2%

growth from 2021

In 2022, Roanoke College (233426) paid a median of $29.8M in salaries, which represents 42% of their overall expenditure ($70.9M) and a 9.2% growth from the previous year. This is compared to a 6.55% decline between 2020 and 2021, and a 1.59% decline between 2019 and 2020.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$10.6M

Instructional Salaries

155

Number of Employees

In 2022, Roanoke College (233426) paid a total of $10.6M to 155 employees working as instructors, which represents 35.7% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

46 Employees

Management

Most Common Non-Instructional Employee

45 Employees

In 2022, the most common positions for instructional staff at Roanoke College (233426) were Associate professor with 46 employees, Professor with 44 employees, and No academic rank with 42 employees.

In 2022, the most common positions for non-instructional staff at Roanoke College (233426) were Management with 45 employees, Service with 45 employees, and Office and Administrative Support with 34 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female No academic rank
Male Associate professor
Male Professor

In 2022, the most common demographic for instructional staff at Roanoke College (233426) was Female No academic rank with 26 employees, Male Associate professor with 25 employees, and Male Professor with 23 employees.

This chart shows the sex split between each academic rank present at Roanoke College (233426).

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