Belmont Abbey College

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2022 Undergraduate Tuition
$18,500
2022 Average Net Price
$23,522
After Financial Aid
2019 Default Rate
3.14%
on Student Loans
2022 Acceptance Rate
97.2%
2,757 Applicants
2022 Enrolled Students
1,501
90.8% Full-Time
2022 Graduation Rate
46.9%
168 Graduates

About

Belmont Abbey College is a higher education institution located in Gaston County, NC. In 2022, the most popular Bachelors Degree concentrations at Belmont Abbey College were General Business Administration & Management (86 degrees awarded), Sport & Fitness Management (32 degrees), and General Psychology (20 degrees).

In 2022, 315 degrees were awarded across all undergraduate and graduate programs at Belmont Abbey College. 45.4% of these degrees were awarded to women, and 54.6% awarded men. The most common race/ethnicity group of degree recipients was white (189 degrees), 7.88 times more than then the next closest race/ethnicity group, black or african american (24 degrees).

The median undergraduate tuition at Belmont Abbey College is $18,500, which is $−9,830 less than the national average for Baccalaureate Colleges ($28,330).

Costs

In 2022, the median undergraduate tuition at Belmont Abbey College is $18,500, which is $−9,830 less than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $23,522.

In 2022, 92% of undergraduate students attending Belmont Abbey College received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Tuition Costs

$18,500
2022 Undergraduate Tuition

In 2022, the cost of tuition at Belmont Abbey College was $18,500. The cost of tuition at Belmont Abbey College is $−9,830 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

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Average Net Price

$23,522
2022 Value
7.8%
1 Year Growth

In 2022 Belmont Abbey College had an average net price — the price paid after factoring in grants and loans — of $23,522. Between 2021 and 2022, the average net price of Belmont Abbey College grew by 7.8%.

This chart compares the average net price of Belmont Abbey 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

$9,795
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at Belmont Abbey College was of $9,795 in 2022. The cost of room and board increased by 6.53% 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 decreased by 16.7% during the same period.

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Financial Aid by Income Level

92%
Undergraduates Receiving Financial Aid through Grants
50%
Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at Belmont Abbey College received financial aid through grants or loans in 2022. This represents a decline of 2.13% with respect to 2021, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Belmont Abbey 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.
3.14%
2019 Default Rate
15
Number of Defaults

In 2019 the default rate for borrower's at Belmont Abbey College was 3.14%, which represents 15 out of the 477 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

Belmont Abbey College received 2,757 undergraduate applications in 2022, which represents a 49.8% annual growth. Out of those 2,757 applicants, 2,679 students were accepted for enrollment, representing a 97.2% acceptance rate.

There were 1,501 students enrolled at Belmont Abbey College in 2022. 28% of first-time enrollees submitted SAT scores with their applications.

Belmont Abbey College has an overall enrollment yield of 14.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

97.2%
Acceptance Rate in 2022
2,679
Accepted Out of 2,757

In 2022, the undergraduate acceptance rate of Belmont Abbey College was 97.2% (2,679 admissions from 2,757 applications). This is lower than the acceptance rate of 2021, which was 98.9%. Between 2021 and 2022, the number of applicants grew by 49.8%, while admissions grew by 47.1%..

This chart compares the acceptance rate of Belmont Abbey 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

28%
Submission Percentage (2022)
109
Scores Submitted (2022)

28% of enrolled first-time students at Belmont Abbey 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.

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Enrollment

Belmont Abbey College had a total enrollment of 1,501 students in 2022. The full-time enrollment at Belmont Abbey College is 1,363 students and the part-time enrollment is 138. This means that 90.8% of students enrolled at Belmont Abbey College are enrolled full-time.

The enrolled student population at Belmont Abbey College, both undergraduate and graduate, is 64.8% White, 10.3% Black or African American, 5.73% Hispanic or Latino, 2.33% Two or More Races, 1.47% Asian, 0.333% American Indian or Alaska Native, and 0.266% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Belmont Abbey College in full-time Undergraduate programs are most commonly White Male (34.1%), followed by White Female (31.9%) and Black or African American Male (5.87%). Students enrolled in full-time Graduate programs are most commonly Black or African American Female (23.5%), followed by White Female (23.5%) and White Male (17.6%).

Full-Time vs Part-Time Enrollment

90.8%
Full-Time Enrollment

The total enrollment at Belmont Abbey College in 2022, both undergraduate and graduate, is 1,501 students. The full-time enrollment at Belmont Abbey College is 1,363 and the part-time enrollment is 138. This means that 90.8% of students enrolled at Belmont Abbey College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

66%
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 Belmont Abbey College was 66%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Belmont Abbey College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    972 enrolled students
  2. Black or African American
    154 enrolled students
  3. Hispanic or Latino
    86 enrolled students

The enrolled student population at Belmont Abbey College is 64.8% White, 10.3% Black or African American, 5.73% Hispanic or Latino, 2.33% Two or More Races, 1.47% Asian, 0.333% American Indian or Alaska Native, and 0.266% 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, 168 students (11.2%) did not report their race.

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Graduates

In 2022, 29 fewer women than men received degrees from Belmont Abbey College. The most common race/ethnicity group of degree recipients at Belmont Abbey College is white (189 degrees awarded). There were 7.88 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

The most common Bachelor's Degree concentration at Belmont Abbey College is General Business Administration & Management (86 degrees awarded), followed by Sport & Fitness Management (32 degrees) and General Psychology (20 degrees).

In 2022,  the most specialized majors across all degree types at Belmont Abbey College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (11 degrees awarded), Parks, Recreation, & Leisure (36 degrees), and Theology (13 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 Belmont Abbey College are Accountants & auditors (1,029,219 people), Other managers (735,501 people), Financial managers (496,678 people), Chief executives & legislators (392,886 people), and Lawyers, & judges, magistrates, & other judicial workers (273,992 people).

The most specialized majors at Belmont Abbey College in 2022 are Philosophy and Religious Studies (11 degrees awarded), Parks, Recreation, & Leisure (36 degrees), Theology (13 degrees), History (10 degrees), and Business (117 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 Belmont Abbey College are Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at Belmont Abbey College are Philosophy and Religious Studies (11 degrees awarded), Parks, Recreation, & Leisure (36 degrees), Theology (13 degrees), History (10 degrees), and Business (117 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 Belmont Abbey College are Elementary & secondary schools (696,148 people), Computer Systems Design (534,974 people), Banking & related activities (488,950 people), Colleges, universities & professional schools, including junior colleges (460,513 people), and Securities, commodities, funds, trusts & other financial investments (429,363 people).

The most specialized majors at Belmont Abbey College are Philosophy and Religious Studies (11 degrees awarded), Parks, Recreation, & Leisure (36 degrees), Theology (13 degrees), History (10 degrees), and Business (117 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 Belmont Abbey College.
Most Common (2021)
  1. 98 degrees awarded
  2. 35 degrees awarded
  3. 33 degrees awarded

In 2021, the most common bachelors degree concentration at Belmont Abbey College was General Business Administration & Management with 98 degrees awarded.

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

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Sex Breakdown for Common Majors

172
Degrees Awarded to Men
in 2022
143
Degrees Awarded to Women
in 2022

In 2022, 172 degrees were awarded to men at Belmont Abbey College, which is 1.2 times more than the number of degrees awarded to females (143).

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

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Most Common Male Majors

In 2022, 54 degrees were awarded to men at Belmont Abbey College in General Business Administration & Management, which is 1.69 times more than the 32 female recipients with that same degree.

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Most Common Female Majors

In 2022, 32 degrees were awarded to men at Belmont Abbey College in General Business Administration & Management, which is 0.593 times less than the 54 male recipients with that same degree.

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Time to Complete

40%
100% Completion Time
46%
150% Completion Time

In 2022, 40% of students graduating from Belmont Abbey College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 46% completed their degrees within 150% of the normal time, and 46% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Belmont Abbey College is Female and American Indian or Alaska Native (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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    189 degrees awarded
  2. Black or African American
    24 degrees awarded
  3. Asian
    8 degrees awarded

The most common race/ethnicity at Belmont Abbey College is white (189 degrees awarded). There were 7.88 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

21.9% of degree recipients (69 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    107 degrees awarded
  2. White Female
    82 degrees awarded
  3. Black or African American Female
    13 degrees awarded

The most common race/ethnicity and sex grouping at Belmont Abbey College is white male (107 degrees awarded). There were 1.3 times more white male recipients than the next closest race/ethnicity group, white female (82 degrees).

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Operations

Belmont Abbey College has an endowment valued at nearly $12.2M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−12.2%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Belmont Abbey College had a total salary expenditure of 42.9M. Belmont Abbey College employs 37 Assistant professors, 34 Associate professors and 8 Professors. Most academics at Belmont Abbey College are Female Assistant professor (21), Male Associate professor (19), and Male Assistant professor (16).

The most common positions for non-instructional staff at Belmont Abbey College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 71 employees, Business and Financial Operations, with 34 employees, and Management with 21 employees.

Endowment

$12.2M
2022 Endowment
12.8%
decline from 2021

Belmont Abbey College has an endowment valued at about $12.2M, as of the end of the 2022 fiscal year. The endowment of Belmont Abbey College declined 12.8% from the previous year. The value of their endowment was $37.1M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Belmont Abbey 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: Diverse Fields Carnegie Classification grouping.

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Salary Expenditure

$15.4M
2022 Salaries
6%
growth from 2021

In 2022, Belmont Abbey College paid a median of $15.4M in salaries, which represents 35.9% of their overall expenditure ($42.9M) and a 6% growth from the previous year.

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

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Instructional Salaries

$5.47M
Instructional Salaries
88
Number of Employees

In 2022, Belmont Abbey College paid a total of $5.47M to 88 employees working as instructors, which represents 35.6% of all salaries paid.

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

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Occupations by Share

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

In 2022, the most common positions for instructional staff at Belmont Abbey College were Assistant professor with 37 employees, Associate professor with 34 employees, and Professor with 8 employees.

In 2022, the most common positions for non-instructional staff at Belmont Abbey College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 71 employees, Business and Financial Operations with 34 employees, and Management with 21 employees.

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Instructors by Academic Rank and Sex

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

In 2022, the most common demographic for instructional staff at Belmont Abbey College was Female Assistant professor with 21 employees, Male Associate professor with 19 employees, and Male Assistant professor with 16 employees.

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

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