Montreat College

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2022 Undergraduate Tuition
$30,250
3.55% growth from 2021
2022 Average Net Price
$25,485
After Financial Aid
2019 Default Rate
2.45%
on Student Loans
2022 Acceptance Rate
68.1%
1,440 Applicants
2022 Enrolled Students
972
86.7% Full-Time
2022 Graduation Rate
40.4%
65 Graduates

About

Montreat College is a higher education institution located in Buncombe County, NC. In 2022, the most popular Bachelors Degree concentrations at Montreat College were General Business Administration & Management (30 degrees awarded), Other Psychology (28 degrees), and Computer & Information Systems Security (21 degrees).

In 2022, 202 degrees were awarded across all undergraduate and graduate programs at Montreat College. 55.4% of these degrees were awarded to women, and 44.6% awarded men. The most common race/ethnicity group of degree recipients was white (130 degrees), 3.42 times more than then the next closest race/ethnicity group, black or african american (38 degrees).

The median undergraduate tuition at Montreat College is $30,250, which is $6,254 more than the national average for Masters Colleges and Universities ($23,996).

Costs

In 2022, the median undergraduate tuition at Montreat College is $30,250, which is $6,254 more than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $25,485.

In 2022, 95% of undergraduate students attending Montreat College received financial aid through grants. Comparatively, 70% of undergraduate students received financial aid through loans.

Tuition Costs

$30,250
2022 Undergraduate Tuition

In 2022, the cost of tuition at Montreat College was $30,250. The cost of tuition at Montreat College is $6,254 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

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

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Average Net Price

$25,485
2022 Value
10.4%
1 Year Growth

In 2022 Montreat College had an average net price — the price paid after factoring in grants and loans — of $25,485. Between 2021 and 2022, the average net price of Montreat College grew by 10.4%.

This chart compares the average net price of Montreat 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

$8,036
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Montreat College was of $8,036 in 2022. The cost of room and board increased by 1.99% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

95%
Undergraduates Receiving Financial Aid through Grants
70%
Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Montreat College received financial aid through grants or loans in 2022. This represents a decline of 1.04% with respect to 2021, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Montreat 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.
2.45%
2019 Default Rate
7
Number of Defaults

In 2019 the default rate for borrower's at Montreat College was 2.45%, which represents 7 out of the 286 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

Montreat College received 1,440 undergraduate applications in 2022, which represents a 1.71% annual growth. Out of those 1,440 applicants, 980 students were accepted for enrollment, representing a 68.1% acceptance rate.

There were 972 students enrolled at Montreat College in 2022. 15% of first-time enrollees submitted SAT scores with their applications.

Montreat College has an overall enrollment yield of 21.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

68.1%
Acceptance Rate in 2022
980
Accepted Out of 1,440

In 2022, the undergraduate acceptance rate of Montreat College was 68.1% (980 admissions from 1,440 applications). This is lower than the acceptance rate of 2021, which was 90.2%. Between 2021 and 2022, the number of applicants grew by 1.71%, while admissions declined by −25.9%..

This chart compares the acceptance rate of Montreat 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

15%
Submission Percentage (2021)
32
Scores Submitted (2021)

15% of enrolled first-time students at Montreat College in 2021 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

Montreat College had a total enrollment of 972 students in 2022. The full-time enrollment at Montreat College is 843 students and the part-time enrollment is 129. This means that 86.7% of students enrolled at Montreat College are enrolled full-time.

The enrolled student population at Montreat College, both undergraduate and graduate, is 53.8% White, 10.9% Black or African American, 2.98% Hispanic or Latino, 2.06% Two or More Races, 1.03% American Indian or Alaska Native, 0.926% Asian, and 0.617% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Montreat College in full-time Undergraduate programs are most commonly White Male (29%), followed by White Female (26.4%) and Black or African American Male (5.52%). Students enrolled in full-time Graduate programs are most commonly White Female (31.6%), followed by White Male (20.6%) and Black or African American Female (10.3%).

Full-Time vs Part-Time Enrollment

86.7%
Full-Time Enrollment

The total enrollment at Montreat College in 2022, both undergraduate and graduate, is 972 students. The full-time enrollment at Montreat College is 843 and the part-time enrollment is 129. This means that 86.7% of students enrolled at Montreat College are enrolled full-time compared with 67.6% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

62%
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 Montreat College was 62%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Montreat College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    523 enrolled students
  2. Black or African American
    106 enrolled students
  3. Hispanic or Latino
    29 enrolled students

The enrolled student population at Montreat College is 53.8% White, 10.9% Black or African American, 2.98% Hispanic or Latino, 2.06% Two or More Races, 1.03% American Indian or Alaska Native, 0.926% Asian, and 0.617% 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 Masters Colleges and Universities is 51.2% White, 17.3% Hispanic or Latino, and 13% 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, 249 students (25.6%) did not report their race.

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Graduates

In 2022, 22 more women than men received degrees from Montreat College. The most common race/ethnicity group of degree recipients at Montreat College is white (130 degrees awarded). There were 3.42 times more white recipients than the next closest race/ethnicity group, black or african american (38 degrees).

The most common Bachelor's Degree concentration at Montreat College is General Business Administration & Management (30 degrees awarded), followed by Other Psychology (28 degrees) and Computer & Information Systems Security (21 degrees).

In 2022,  the most specialized majors across all degree types at Montreat College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (7 degrees awarded), Biology (32 degrees), and Psychology (28 degrees).

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 Montreat College are Software developers (582,257 people), Physicians (440,596 people), Other managers (325,999 people), Elementary & middle school teachers (241,909 people), and Postsecondary teachers (214,192 people).

The most specialized majors at Montreat College in 2022 are Theology (7 degrees awarded), Biology (32 degrees), Psychology (28 degrees), Computer and Information Sciences and Support Services (21 degrees), and History (2 degrees) (as of 2022).

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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 Montreat College are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Montreat College are Theology (7 degrees awarded), Biology (32 degrees), Psychology (28 degrees), Computer and Information Sciences and Support Services (21 degrees), and History (2 degrees) (as of 2022).

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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 Montreat College are Computer Systems Design (686,818 people), Elementary & secondary schools (686,016 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (679,122 people), Colleges, universities & professional schools, including junior colleges (562,058 people), and Outpatient care centers (248,279 people).

The most specialized majors at Montreat College are Theology (7 degrees awarded), Biology (32 degrees), Psychology (28 degrees), Computer and Information Sciences and Support Services (21 degrees), and History (2 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Montreat College.
Most Common (2022)
  1. 30 degrees awarded
  2. 28 degrees awarded
  3. 21 degrees awarded

In 2022, the most common bachelors degree concentration at Montreat College was General Business Administration & Management with 30 degrees awarded.

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

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Sex Breakdown for Common Majors

90
Degrees Awarded to Men
in 2022
112
Degrees Awarded to Women
in 2022

In 2022, 90 degrees were awarded to men at Montreat College, which is 0.804 times less than the number of degrees awarded to females (112).

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

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Most Common Male Majors

In 2022, 19 degrees were awarded to men at Montreat College in Computer & Information Systems Security, which is 9.5 times more than the 2 female recipients with that same degree.

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Most Common Female Majors

In 2022, 21 degrees were awarded to men at Montreat College in Other Psychology, which is 3 times more than the 7 male recipients with that same degree.

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Time to Complete

28%
100% Completion Time
34%
150% Completion Time

In 2022, 28% of students graduating from Montreat College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 34% completed their degrees within 150% of the normal time, and 44% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Montreat College is Female and Two or More Races (100% graduation rate). Across all Masters Colleges and Universities, 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, 4.62% of graduates (3 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    130 degrees awarded
  2. Black or African American
    38 degrees awarded
  3. Hispanic or Latino
    11 degrees awarded

The most common race/ethnicity at Montreat College is white (130 degrees awarded). There were 3.42 times more white recipients than the next closest race/ethnicity group, black or african american (38 degrees).

2.97% of degree recipients (6 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    71 degrees awarded
  2. White Male
    59 degrees awarded
  3. Black or African American Female
    26 degrees awarded

The most common race/ethnicity and sex grouping at Montreat College is white female (71 degrees awarded). There were 1.2 times more white female recipients than the next closest race/ethnicity group, white male (59 degrees).

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Operations

Montreat College has an endowment valued at nearly $9.35M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNk (−7.39%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Montreat College had a total salary expenditure of 29.7M. Montreat College employs 24 Assistant professors, 10 Professors and 6 Associate professors. Most academics at Montreat College are Male Assistant professor (16), Male Professor (8), and Female Assistant professor (8).

The most common positions for non-instructional staff at Montreat College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 34 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 27 employees, and Management with 9 employees.

Endowment

$9.35M
2022 Endowment
7.48%
decline from 2021

Montreat College has an endowment valued at about $9.35M, as of the end of the 2022 fiscal year. The endowment of Montreat College declined 7.48% from the previous year. The value of their endowment was $37.2M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Small Programs Carnegie Classification grouping.

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Salary Expenditure

$9.95M
2022 Salaries
19.1%
growth from 2021

In 2022, Montreat College paid a median of $9.95M in salaries, which represents 33.5% of their overall expenditure ($29.7M) and a 19.1% growth from the previous year.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

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Instructional Salaries

$2.33M
Instructional Salaries
40
Number of Employees

In 2022, Montreat College paid a total of $2.33M to 40 employees working as instructors, which represents 23.4% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

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Occupations by Share

Assistant professor
Most Common Instructor
24 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
34 Employees

In 2022, the most common positions for instructional staff at Montreat College were Assistant professor with 24 employees, Professor with 10 employees, and Associate professor with 6 employees.

In 2022, the most common positions for non-instructional staff at Montreat College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 34 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 27 employees, and Management with 9 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Assistant professor
  2. Male Professor
  3. Female Assistant professor

In 2022, the most common demographic for instructional staff at Montreat College was Male Assistant professor with 16 employees, Male Professor with 8 employees, and Female Assistant professor with 8 employees.

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

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