Beloit College

www.beloit.edu

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2022 Undergraduate Tuition

$55,810

3% growth from 2021

2022 Average Net Price

$20,192

After Financial Aid

2019 Default Rate

2.07%

on Student Loans

2022 Acceptance Rate

65.9%

3,462 Applicants

2022 Enrolled Students

964

96.8% Full-Time

2022 Graduation Rate

71.2%

272 Graduates

About

Beloit College is a higher education institution located in Rock County, WI. In 2022, the most popular Bachelors Degree concentrations at Beloit College were General Psychology (21 degrees awarded), Business & Managerial Economics (21 degrees), and General Political Science & Government (17 degrees).

In 2022, 264 degrees were awarded across all undergraduate and graduate programs at Beloit College. 58.7% of these degrees were awarded to women, and 41.3% awarded men. The most common race/ethnicity group of degree recipients was white (134 degrees), 5.36 times more than then the next closest race/ethnicity group, hispanic or latino (25 degrees).

The median undergraduate tuition at Beloit College is $55,810, which is $27,480 more than the national average for Baccalaureate Colleges ($28,330).

In 2019 the default rate for borrower's at Beloit College was 2.07%, corresponding to 5 out of the 242 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Beloit College is $55,810, which is $27,480 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $20,192.

In 2022, 93% of undergraduate students attending Beloit College received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Tuition Costs

$55,810

2022 Undergraduate Tuition

In 2022, the cost of tuition at Beloit College was $55,810. The cost of tuition at Beloit College is $27,480 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$20,192

2022 Value

10.4%

1 Year Growth

In 2022 Beloit College had an average net price — the price paid after factoring in grants and loans — of $20,192. Between 2021 and 2022, the average net price of Beloit College grew by 10.4%.

This chart compares the average net price of Beloit 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.

Other Student Expenses

$9,535

Room and Board

$1,032

Books and Supplies

The average yearly cost of room and board at Beloit College was of $9,535 in 2022. The cost of room and board decreased by 5.91% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,032. The cost of books and supplies increased by 1.38% during the same period.

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

Financial Aid by Income Level

93%

Undergraduates Receiving Financial Aid through Grants

57%

Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Beloit College received financial aid through grants or loans in 2022. This represents a decline of 1.06% with respect to 2021, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Beloit 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.

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.

2.07%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Beloit College was 2.07%, which represents 5 out of the 242 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

Beloit College received 3,462 undergraduate applications in 2022, which represents a 5.58% annual growth. Out of those 3,462 applicants, 2,280 students were accepted for enrollment, representing a 65.9% acceptance rate.

There were 964 students enrolled at Beloit College in 2022. 11% of first-time enrollees submitted SAT scores with their applications.

Beloit College has an overall enrollment yield of 10.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

65.9%

Acceptance Rate in 2022

2,280

Accepted Out of 3,462

In 2022, the undergraduate acceptance rate of Beloit College was 65.9% (2,280 admissions from 3,462 applications). This is lower than the acceptance rate of 2021, which was 67.3%. Between 2021 and 2022, the number of applicants grew by 5.58%, while admissions grew by 3.35%.

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

SAT Scores

11%

Submission Percentage (2022)

Scores Submitted (2022)

11% of enrolled first-time students at Beloit 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.

Enrollment

Beloit College had a total enrollment of 964 students in 2022. The full-time enrollment at Beloit College is 933 students and the part-time enrollment is 31. This means that 96.8% of students enrolled at Beloit College are enrolled full-time.

The enrolled student population at Beloit College, both undergraduate and graduate, is 48.3% White, 16.2% Hispanic or Latino, 8.92% Black or African American, 3.53% Two or More Races, and 3.22% Asian.

Students enrolled at Beloit College in full-time Undergraduate programs are most commonly White Female (25.8%), followed by White Male (23.3%) and Hispanic or Latino Female (9.32%).

Full-Time vs Part-Time Enrollment

96.8%

Full-Time Enrollment

The total enrollment at Beloit College in 2022, both undergraduate and graduate, is 964 students. The full-time enrollment at Beloit College is 933 and the part-time enrollment is 31. This means that 96.8% of students enrolled at Beloit College are enrolled full-time compared with N/A% at similar Baccalaureate Colleges.

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

Retention Rate over Time

82%

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 Beloit College was 82%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Beloit College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
466 enrolled students
Hispanic or Latino
156 enrolled students
Black or African American
86 enrolled students

The enrolled student population at Beloit College is 48.3% White, 16.2% Hispanic or Latino, 8.92% Black or African American, 3.53% Two or More Races, and 3.22% Asian. 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, 45 students (4.67%) did not report their race.

Graduates

In 2022, 46 more women than men received degrees from Beloit College. The most common race/ethnicity group of degree recipients at Beloit College is white (134 degrees awarded). There were 5.36 times more white recipients than the next closest race/ethnicity group, hispanic or latino (25 degrees).

The most common Bachelor's Degree concentration at Beloit College is General Psychology (21 degrees awarded), followed by Business & Managerial Economics (21 degrees) and General Political Science & Government (17 degrees).

In 2022, the most specialized majors across all degree types at Beloit College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Physical Sciences (29 degrees awarded), Language & Linguistics (18 degrees), and English (18 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Beloit College are Lawyers, & judges, magistrates, & other judicial workers (499,976 people), Other managers (372,232 people), Elementary & middle school teachers (291,657 people), Postsecondary teachers (282,638 people), and Secondary school teachers (196,177 people).

The most specialized majors at Beloit College in 2022 are Physical Sciences (29 degrees awarded), Language & Linguistics (18 degrees), English (18 degrees), Social Sciences (55 degrees), and History (5 degrees) (as of 2022).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Beloit College are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Beloit College are Physical Sciences (29 degrees awarded), Language & Linguistics (18 degrees), English (18 degrees), Social Sciences (55 degrees), and History (5 degrees) (as of 2022).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Beloit College are Elementary & secondary schools (711,510 people), Colleges, universities & professional schools, including junior colleges (572,145 people), Legal services (397,610 people), Computer Systems Design (299,465 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (242,967 people).

Majors Awarded

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

Most Common (2022)

General Psychology
21 degrees awarded
Business & Managerial Economics
21 degrees awarded
General Political Science & Government
17 degrees awarded

In 2022, the most common bachelors degree concentration at Beloit College was General Psychology with 21 degrees awarded.

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

Sex Breakdown for Common Majors

109

Degrees Awarded to Men

in 2022

155

Degrees Awarded to Women

in 2022

In 2022, 109 degrees were awarded to men at Beloit College, which is 0.703 times less than the number of degrees awarded to females (155).

This chart displays the sex disparity between the top 5 majors at Beloit College by degrees awarded.

Most Common Male Majors

In 2022, 17 degrees were awarded to men at Beloit College in Business & Managerial Economics, which is 4.25 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2022, 17 degrees were awarded to men at Beloit College in General Psychology, which is 4.25 times more than the 4 male recipients with that same degree.

Time to Complete

68%

100% Completion Time

78%

150% Completion Time

In 2022, 68% of students graduating from Beloit College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 78% completed their degrees within 150% of the normal time, and 78% 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Beloit College is Female 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, 1.84% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
134 degrees awarded
Hispanic or Latino
25 degrees awarded
Asian
14 degrees awarded

The most common race/ethnicity at Beloit College is white (134 degrees awarded). There were 5.36 times more white recipients than the next closest race/ethnicity group, hispanic or latino (25 degrees).

3.79% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
74 degrees awarded
White Male
60 degrees awarded
Hispanic or Latino Female
18 degrees awarded

The most common race/ethnicity and sex grouping at Beloit College is white female (74 degrees awarded). There were 1.23 times more white female recipients than the next closest race/ethnicity group, white male (60 degrees).

Operations

Beloit College has an endowment valued at nearly $83.5M, as of the end of the 2022 fiscal year. The return on its endowment was of −7.4M (−8.85%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Beloit College had a total salary expenditure of 46.9M. Beloit College employs 31 Assistant professors, 30 Professors and 20 Associate professors. Most academics at Beloit College are Male Assistant professor (17), Male Professor (15), and Female Professor (15).

The most common positions for non-instructional staff at Beloit College are: Management, with 51 employees, Office and Administrative Support, with 32 employees, and Service with 31 employees.

Endowment

$83.5M

2022 Endowment

11.2%

decline from 2021

This line chart shows how the endowment at Beloit 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.

Salary Expenditure

$17M

2022 Salaries

2.63%

decline from 2021

In 2022, Beloit College paid a median of $17M in salaries, which represents 36.2% of their overall expenditure ($46.9M) and a 2.63% decline from the previous year. This is compared to a 0.795% decline between 2020 and 2021, and a 18.2% decline between 2019 and 2020.

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

Instructional Salaries

$5.71M

Instructional Salaries

Number of Employees

In 2022, Beloit College paid a total of $5.71M to 84 employees working as instructors, which represents 33.6% of all salaries paid.

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

Occupations by Share

Assistant professor

Most Common Instructor

31 Employees

Management

Most Common Non-Instructional Employee

51 Employees

In 2022, the most common positions for instructional staff at Beloit College were Assistant professor with 31 employees, Professor with 30 employees, and Associate professor with 20 employees.

In 2022, the most common positions for non-instructional staff at Beloit College were Management with 51 employees, Office and Administrative Support with 32 employees, and Service with 31 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Assistant professor
Male Professor
Female Professor

In 2022, the most common demographic for instructional staff at Beloit College was Male Assistant professor with 17 employees, Male Professor with 15 employees, and Female Professor with 15 employees.

This chart shows the sex split between each academic rank present at Beloit College.

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