Salem College

www.salem.edu/

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2021 Undergraduate Tuition

$30,500

0.826% growth from 2020

2021 Average Net Price

$11,408

After Financial Aid

2019 Student Loan

1.33%

Default Rate

2021 Acceptance Rate

90.2%

479 Applicants

2021 Enrolled Students

496

56.3% Full-Time

2021 Graduation Rate

67.4%

124 Graduates

About

Salem College is a higher education institution located in Forsyth County, NC. In 2021, the most popular Masters Degree concentrations at Salem College were School Counseling & Guidance Services (20 degrees awarded), General Special Education & Teaching (5 degrees), and General Music Performance (4 degrees).

In 2021, 190 degrees were awarded across all undergraduate and graduate programs at Salem College. 95.8% of these degrees were awarded to women, and 4.21% awarded men. The most common race/ethnicity group of degree recipients was white (109 degrees), 3.76 times more than then the next closest race/ethnicity group, black or african american (29 degrees).

The median undergraduate tuition at Salem College is $30,500, which is $1,995 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 Salem College is $30,500, which is $1,995 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $11,408.

In 2021, 96% of undergraduate students attending Salem College received financial aid through grants. Comparatively, 52% of undergraduate students received financial aid through loans.

Tuition Costs

$30,500

2021 Undergraduate Tuition

In 2021, the cost of tuition at Salem College was $30,500. The cost of tuition at Salem College is $1,995 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$11,408

2021 Value

40.4%

1 Year Growth

In 2021 Salem College had an average net price — the price paid after factoring in grants and loans — of $11,408. Between 2020 and 2021, the average net price of Salem College grew by 40.4%.

This chart compares the average net price of Salem 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

$12,300

Room and Board

$1,290

Books and Supplies

The average yearly cost of room and board at Salem College was of $12,300 in 2021. The cost of room and board increased by 2.5% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,290. The cost of books and supplies increased by 0.781% during the same period.

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

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

52%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Salem College received financial aid through grants or loans in 2021. This represents a decline of 1.03% with respect to 2020, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Salem 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.

1.33%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Salem College was 1.33%, which represents 4 out of the 300 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

Salem College received 479 undergraduate applications in 2021, which represents a 45.1% annual growth. Out of those 479 applicants, 432 students were accepted for enrollment, representing a 90.2% acceptance rate.

There were 496 students enrolled at Salem College in 2021. 13% of first-time enrollees submitted SAT scores with their applications.

Salem College has an overall enrollment yield of 11.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

90.2%

Acceptance Rate in 2021

432

Accepted Out of 479

In 2021, the undergraduate acceptance rate of Salem College was 90.2% (432 admissions from 479 applications). This is higher than the acceptance rate of 2020, which was 84.6%. Between 2020 and 2021, the number of applicants grew by 45.1%, while admissions declined by −41.5%..

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

SAT Scores

13%

Submission Percentage (2021)

Scores Submitted (2021)

13% of enrolled first-time students at Salem 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

Salem College had a total enrollment of 496 students in 2021. The full-time enrollment at Salem College is 279 students and the part-time enrollment is 217. This means that 56.3% of students enrolled at Salem College are enrolled full-time.

The enrolled student population at Salem College, both undergraduate and graduate, is 52% White, 17.3% Black or African American, 12.5% Hispanic or Latino, 7.26% Two or More Races, 1.61% Asian, and 1.21% American Indian or Alaska Native.

Students enrolled at Salem College in full-time Undergraduate programs are most commonly White Female (52.5%), followed by Hispanic or Latino Female (17.8%) and Black or African American Female (13.4%). Students enrolled in full-time Graduate programs are most commonly Two or More Races Female (66.7%), followed by Two or More Races Male (33.3%).

Full-Time vs Part-Time Enrollment

56.3%

Full-Time Enrollment

The total enrollment at Salem College in 2021, both undergraduate and graduate, is 496 students. The full-time enrollment at Salem College is 279 and the part-time enrollment is 217. This means that 56.3% of students enrolled at Salem 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 Salem College (in red) compares to similar universities.

Retention Rate over Time

62%

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 Salem College was 62%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Salem College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
258 enrolled students
Black or African American
86 enrolled students
Hispanic or Latino
62 enrolled students

The enrolled student population at Salem College is 52% White, 17.3% Black or African American, 12.5% Hispanic or Latino, 7.26% Two or More Races, 1.61% Asian, and 1.21% American Indian or Alaska Native. 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.

Graduates

In 2021, 174 more women than men received degrees from Salem College. The most common race/ethnicity group of degree recipients at Salem College is white (109 degrees awarded). There were 3.76 times more white recipients than the next closest race/ethnicity group, black or african american (29 degrees).

The most common Masters Degree concentration at Salem College is School Counseling & Guidance Services (20 degrees awarded), followed by General Special Education & Teaching (5 degrees) and General Music Performance (4 degrees).

In 2021, the most specialized majors across all degree types at Salem College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are English (17 degrees awarded), Language & Linguistics (10 degrees), and History (8 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 Salem College are Elementary & middle school teachers (299,387 people), Postsecondary teachers (223,972 people), Other managers (209,758 people), Lawyers, & judges, magistrates, & other judicial workers (202,532 people), and Secondary school teachers (198,963 people).

The most specialized majors at Salem College in 2021 are English (17 degrees awarded), Language & Linguistics (10 degrees), History (8 degrees), Math & Statistics (11 degrees), and Visual & Performing Arts (24 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 Salem College are Surgeons, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Salem College are English (17 degrees awarded), Language & Linguistics (10 degrees), History (8 degrees), Math & Statistics (11 degrees), and Visual & Performing Arts (24 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 Salem College are Elementary & secondary schools (671,663 people), Colleges, universities & professional schools, including junior colleges (431,670 people), Computer Systems Design (218,566 people), Legal services (173,764 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (141,116 people).

Majors Awarded

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

Most Common (2021)

General Business Administration & Management
12 degree-majors awarded
General Biological Sciences
11 degree-majors awarded
General Mathematics
11 degree-majors awarded

In 2021, the most common bachelors degree concentration at Salem College was General Business Administration & Management with 12 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

182

Degrees Awarded to Women

in 2021

In 2021, 8 degrees were awarded to men at Salem College, which is 0.044 times less than the number of degrees awarded to females (182).

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

Most Common Male Majors

In 2021, 4 degrees were awarded to men at Salem College in General Music Performance, which is 0.667 times less than the 6 female recipients with that same degree.

Most Common Female Majors

In 2021, 20 degrees were awarded to women at Salem College in School Counseling & Guidance Services. There were no male recipients with the same degree.

Time to Complete

58%

100% Completion Time

59%

150% Completion Time

In 2021, 58% of students graduating from Salem College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 59% 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 (83.3%)

The student demographic with the highest graduation rate in 2021 at Salem College is Female and Asian (83.3% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
109 degrees awarded
Black or African American
29 degrees awarded
Hispanic or Latino
27 degrees awarded

The most common race/ethnicity at Salem College is white (109 degrees awarded). There were 3.76 times more white recipients than the next closest race/ethnicity group, black or african american (29 degrees).

5.26% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
106 degrees awarded
Black or African American Female
29 degrees awarded
Hispanic or Latino Female
27 degrees awarded

The most common race/ethnicity and sex grouping at Salem College is white female (106 degrees awarded). There were 3.66 times more white female recipients than the next closest race/ethnicity group, black or african american female (29 degrees).

Operations

Salem College has an endowment valued at nearly $67.2M, as of the end of the 2021 fiscal year. The return on its endowment was of 15.9M (23.6%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Salem College had a total salary expenditure of 17.5M. Salem College employs 17 Associate professors, 11 Assistant professors and 5 Professors. Most academics at Salem College are Female Associate professor (14), Female Assistant professor (11), and Female Professor (4).

The most common positions for non-instructional staff at Salem College are: Management, with 26 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 12 employees, and Service with 8 employees.

Endowment

$67.2M

2021 Endowment

18.6%

growth from 2020

Salem College has an endowment valued at about $67.2M, as of the end of the 2021 fiscal year. The endowment of Salem College grew 18.6% from the previous year. The value of their endowment was $14.9M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Salem 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

$7.84M

2021 Salaries

15.7%

decline from 2020

In 2021, Salem College paid a median of $7.84M in salaries, which represents 44.8% of their overall expenditure ($17.5M) and a 15.7% decline from the previous year.

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

Instructional Salaries

$1.95M

Instructional Salaries

Number of Employees

In 2021, Salem College paid a total of $1.95M to 36 employees working as instructors, which represents 24.9% of all salaries paid.

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

Occupations by Share

Associate professor

Most Common Instructor

17 Employees

Management

Most Common Non-Instructional Employee

26 Employees

In 2021, the most common positions for instructional staff at Salem College were Associate professor with 17 employees, Assistant professor with 11 employees, and Professor with 5 employees.

In 2021, the most common positions for non-instructional staff at Salem College were Management with 26 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 12 employees, and Service with 8 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Associate professor
Female Assistant professor
Female Professor

In 2021, the most common demographic for instructional staff at Salem College was Female Associate professor with 14 employees, Female Assistant professor with 11 employees, and Female Professor with 4 employees.

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