Hope College

www.hope.edu

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2021 Undergraduate Tuition

$36,300

2021 Average Net Price

$28,688

After Financial Aid

2019 Student Loan

1.14%

Default Rate

2021 Acceptance Rate

92.4%

4,172 Applicants

2021 Enrolled Students

3,132

94.7% Full-Time

2021 Graduation Rate

80.6%

633 Graduates

About

Hope College is a higher education institution located in Ottawa County, MI. In 2021, the most popular Bachelors Degree concentrations at Hope College were General Business Administration & Management (123 degrees awarded), General Psychology (101 degrees), and General Engineering (53 degrees).

In 2021, 831 degrees were awarded across all undergraduate and graduate programs at Hope College. 64.4% of these degrees were awarded to women, and 35.6% awarded men. The most common race/ethnicity group of degree recipients was white (708 degrees), 14.2 times more than then the next closest race/ethnicity group, hispanic or latino (50 degrees).

The median undergraduate tuition at Hope College is $36,300, which is $7,795 more than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Hope College is $36,300, which is $7,795 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $28,688.

In 2021, 96% of undergraduate students attending Hope College received financial aid through grants. Comparatively, 49% of undergraduate students received financial aid through loans.

Tuition Costs

$36,300

2021 Undergraduate Tuition

In 2021, the cost of tuition at Hope College was $36,300. The cost of tuition at Hope College is $7,795 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$28,688

2021 Value

5.38%

1 Year Growth

In 2021 Hope College had an average net price — the price paid after factoring in grants and loans — of $28,688. Between 2020 and 2021, the average net price of Hope College grew by 5.38%.

This chart compares the average net price of Hope 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

$6,965

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Hope College was of $6,965 in 2021. The cost of room and board increased by 2.65% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies increased by 2.04% during the same period.

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

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

49%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Hope College received financial aid through grants or loans in 2021. This represents a growth of 3.23% with respect to 2020, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at Hope 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.

1.14%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Hope College was 1.14%, which represents 7 out of the 615 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

Hope College received 4,172 undergraduate applications in 2021, which represents a 6.78% annual growth. Out of those 4,172 applicants, 3,854 students were accepted for enrollment, representing a 92.4% acceptance rate.

There were 3,132 students enrolled at Hope College in 2021. 45% of first-time enrollees submitted SAT scores with their applications.

Hope College has an overall enrollment yield of 20.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

92.4%

Acceptance Rate in 2021

3,854

Accepted Out of 4,172

In 2021, the undergraduate acceptance rate of Hope College was 92.4% (3,854 admissions from 4,172 applications). This is higher than the acceptance rate of 2020, which was 77.8%. Between 2020 and 2021, the number of applicants grew by 6.78%, while admissions grew by 26.7%..

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

SAT Scores

45%

Submission Percentage (2021)

358

Scores Submitted (2021)

45% of enrolled first-time students at Hope College in 2021 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.

Enrollment

Hope College had a total enrollment of 3,132 students in 2021. The full-time enrollment at Hope College is 2,966 students and the part-time enrollment is 166. This means that 94.7% of students enrolled at Hope College are enrolled full-time.

The enrolled student population at Hope College, both undergraduate and graduate, is 79.6% White, 7.76% Hispanic or Latino, 3.58% Two or More Races, 3.26% Black or African American, 2.17% Asian, 0.0958% American Indian or Alaska Native, and 0.0319% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Hope College in full-time Undergraduate programs are most commonly White Female (49.3%), followed by White Male (30.6%) and Hispanic or Latino Female (5.09%).

Full-Time vs Part-Time Enrollment

94.7%

Full-Time Enrollment

The total enrollment at Hope College in 2021, both undergraduate and graduate, is 3,132 students. The full-time enrollment at Hope College is 2,966 and the part-time enrollment is 166. This means that 94.7% of students enrolled at Hope College are enrolled full-time compared with 79.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

87%

2021 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 Hope College was 87%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Hope College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
2,492 enrolled students
Hispanic or Latino
243 enrolled students
Two or More Races
112 enrolled students

The enrolled student population at Hope College is 79.6% White, 7.76% Hispanic or Latino, 3.58% Two or More Races, 3.26% Black or African American, 2.17% Asian, 0.0958% American Indian or Alaska Native, and 0.0319% 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 55% White, 13.5% Black or African American, and 13.4% Hispanic or Latino.

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, 39 students (1.25%) did not report their race.

Graduates

In 2021, 239 more women than men received degrees from Hope College. The most common race/ethnicity group of degree recipients at Hope College is white (708 degrees awarded). There were 14.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (50 degrees).

The most common Bachelor's Degree concentration at Hope College is General Business Administration & Management (123 degrees awarded), followed by General Psychology (101 degrees) and General Engineering (53 degrees).

In 2021, the most specialized majors across all degree types at Hope College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Language & Linguistics (44 degrees awarded), PHILOSOPHY AND RELIGIOUS STUDIES. (18 degrees), and Physical Sciences (35 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Hope College are Elementary & middle school teachers (261,465 people), Postsecondary teachers (237,860 people), Other managers (215,362 people), Lawyers, & judges, magistrates, & other judicial workers (173,955 people), and Secondary school teachers (127,927 people).

The most specialized majors at Hope College in 2021 are Language & Linguistics (44 degrees awarded), PHILOSOPHY AND RELIGIOUS STUDIES. (18 degrees), Physical Sciences (35 degrees), English (30 degrees), and Psychology (101 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Hope College are Surgeons, Cardiovascular technologists and technicians, Physicians, Aerospace engineers, and Computer and information research scientists

The most specialized majors at Hope College are Language & Linguistics (44 degrees awarded), PHILOSOPHY AND RELIGIOUS STUDIES. (18 degrees), Physical Sciences (35 degrees), English (30 degrees), and Psychology (101 degrees) (as of 2021).

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 Hope College are Elementary & secondary schools (670,267 people), Colleges, universities & professional schools, including junior colleges (483,519 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (288,907 people), Computer Systems Design (177,502 people), and Outpatient care centers (167,097 people).

Majors Awarded

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

Most Common (2021)

General Business Administration & Management
123 degree-majors awarded
General Psychology
101 degree-majors awarded
General Engineering
53 degree-majors awarded

In 2021, the most common bachelors degree concentration at Hope College was General Business Administration & Management with 123 degrees awarded.

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

Sex Breakdown for Common Majors

296

Degrees Awarded to Men

in 2021

535

Degrees Awarded to Women

in 2021

In 2021, 296 degrees were awarded to men at Hope College, which is 0.553 times less than the number of degrees awarded to females (535).

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

Most Common Male Majors

In 2021, 71 degrees were awarded to men at Hope College in General Business Administration & Management, which is 1.37 times more than the 52 female recipients with that same degree.

Most Common Female Majors

In 2021, 76 degrees were awarded to men at Hope College in General Psychology, which is 3.04 times more than the 25 male recipients with that same degree.

Time to Complete

72%

100% Completion Time

81%

150% Completion Time

In 2021, 72% of students graduating from Hope College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 81% completed their degrees within 150% of the normal time, and 81% 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 2021 at Hope College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 0.316% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
708 degrees awarded
Hispanic or Latino
50 degrees awarded
Black or African American
20 degrees awarded

The most common race/ethnicity at Hope College is white (708 degrees awarded). There were 14.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (50 degrees).

1.08% of degree recipients (9 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
462 degrees awarded
White Male
246 degrees awarded
Hispanic or Latino Male
25 degrees awarded

The most common race/ethnicity and sex grouping at Hope College is white female (462 degrees awarded). There were 1.88 times more white female recipients than the next closest race/ethnicity group, white male (246 degrees).

Operations

Hope College has an endowment valued at nearly $307M, as of the end of the 2021 fiscal year. The return on its endowment was of 79.9M (26%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Hope College had a total salary expenditure of 117M. Hope College employs 98 Assistant professors, 68 Professors and 68 Associate professors. Most academics at Hope College are Female Assistant professor (65), Male Professor (43), and Male Associate professor (36).

The most common positions for non-instructional staff at Hope College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 81 employees, Office and Administrative Support, with 78 employees, and Service with 64 employees.

Endowment

$307M

2021 Endowment

34.6%

growth from 2020

Hope College has an endowment valued at about $307M, as of the end of the 2021 fiscal year. The endowment of Hope College grew 34.6% from the previous year. The value of their endowment was $255M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Hope 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

$51.7M

2021 Salaries

3.73%

decline from 2020

In 2021, Hope College paid a median of $51.7M in salaries, which represents 44.2% of their overall expenditure ($117M) and a 3.73% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Instructional Salaries

$17.7M

Instructional Salaries

234

Number of Employees

In 2021, Hope College paid a total of $17.7M to 234 employees working as instructors, which represents 34.3% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

98 Employees

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

Most Common Non-Instructional Employee

81 Employees

In 2021, the most common positions for instructional staff at Hope College were Assistant professor with 98 employees, Professor with 68 employees, and Associate professor with 68 employees.

In 2021, the most common positions for non-instructional staff at Hope College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 81 employees, Office and Administrative Support with 78 employees, and Service with 64 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Assistant professor
Male Professor
Male Associate professor

In 2021, the most common demographic for instructional staff at Hope College was Female Assistant professor with 65 employees, Male Professor with 43 employees, and Male Associate professor with 36 employees.

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