Lafayette College

https://www.lafayette.edu/

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2021 Undergraduate Tuition

$55,874

2.5% growth from 2020

2021 Average Net Price

$38,754

After Financial Aid

2019 Student Loan

1.16%

Default Rate

2021 Acceptance Rate

40.7%

8,262 Applicants

2021 Enrolled Students

2,725

99.3% Full-Time

2021 Graduation Rate

87.9%

589 Graduates

About

Lafayette College is a higher education institution located in Northampton County, PA. In 2021, the most popular Bachelors Degree concentrations at Lafayette College were General Economics (93 degrees awarded), Mechanical Engineering (60 degrees), and General Political Science & Government (52 degrees).

In 2021, 720 degrees were awarded across all undergraduate and graduate programs at Lafayette College. 56.9% of these degrees were awarded to women, and 43.1% awarded men. The most common race/ethnicity group of degree recipients was white (464 degrees), 9.67 times more than then the next closest race/ethnicity group, hispanic or latino (48 degrees).

The median undergraduate tuition at Lafayette College is $55,874, which is $27,369 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 Lafayette College is $55,874, which is $27,369 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $38,754.

In 2021, 58% of undergraduate students attending Lafayette College received financial aid through grants. Comparatively, 24% of undergraduate students received financial aid through loans.

Tuition Costs

$55,874

2021 Undergraduate Tuition

In 2021, the cost of tuition at Lafayette College was $55,874. The cost of tuition at Lafayette College is $27,369 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$38,754

2021 Value

34.9%

1 Year Growth

In 2021 Lafayette College had an average net price — the price paid after factoring in grants and loans — of $38,754. Between 2020 and 2021, the average net price of Lafayette College grew by 34.9%.

This chart compares the average net price of Lafayette 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

$16,263

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Lafayette College was of $16,263 in 2021. The cost of room and board decreased by 0.00615% 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 did not change during the same period.

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

Financial Aid by Income Level

58%

Undergraduates Receiving Financial Aid through Grants

24%

Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at Lafayette College received financial aid through grants or loans in 2021. This represents a growth of 5.45% with respect to 2020, when 55% of undergraduate students received financial aid.

This chart compares the average award discount at Lafayette 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.

1.16%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Lafayette College was 1.16%, which represents 3 out of the 258 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

Lafayette College received 8,262 undergraduate applications in 2021, which represents a 0.572% annual growth. Out of those 8,262 applicants, 3,366 students were accepted for enrollment, representing a 40.7% acceptance rate.

There were 2,725 students enrolled at Lafayette College in 2021. 28% of first-time enrollees submitted SAT scores with their applications.

Lafayette College has an overall enrollment yield of 23.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

40.7%

Acceptance Rate in 2021

3,366

Accepted Out of 8,262

In 2021, the undergraduate acceptance rate of Lafayette College was 40.7% (3,366 admissions from 8,262 applications). This is higher than the acceptance rate of 2020, which was 35.6%. Between 2020 and 2021, the number of applicants grew by 0.572%, while admissions grew by 15.2%..

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

SAT Scores

28%

Submission Percentage (2021)

221

Scores Submitted (2021)

28% of enrolled first-time students at Lafayette 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

Lafayette College had a total enrollment of 2,725 students in 2021. The full-time enrollment at Lafayette College is 2,706 students and the part-time enrollment is 19. This means that 99.3% of students enrolled at Lafayette College are enrolled full-time.

The enrolled student population at Lafayette College, both undergraduate and graduate, is 68.4% White, 7.82% Hispanic or Latino, 5.25% Black or African American, 4.15% Asian, and 3.41% Two or More Races.

Students enrolled at Lafayette College in full-time Undergraduate programs are most commonly White Male (34.3%), followed by White Female (34.2%) and Hispanic or Latino Male (4.1%).

Full-Time vs Part-Time Enrollment

99.3%

Full-Time Enrollment

The total enrollment at Lafayette College in 2021, both undergraduate and graduate, is 2,725 students. The full-time enrollment at Lafayette College is 2,706 and the part-time enrollment is 19. This means that 99.3% of students enrolled at Lafayette 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 Lafayette College (in red) compares to similar universities.

Retention Rate over Time

91%

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 Lafayette College was 91%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Lafayette College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,864 enrolled students
Hispanic or Latino
213 enrolled students
Black or African American
143 enrolled students

The enrolled student population at Lafayette College is 68.4% White, 7.82% Hispanic or Latino, 5.25% Black or African American, 4.15% Asian, and 3.41% Two or More Races. 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, 85 students (3.12%) did not report their race.

Graduates

In 2021, 100 more women than men received degrees from Lafayette College. The most common race/ethnicity group of degree recipients at Lafayette College is white (464 degrees awarded). There were 9.67 times more white recipients than the next closest race/ethnicity group, hispanic or latino (48 degrees).

The most common Bachelor's Degree concentration at Lafayette College is General Economics (93 degrees awarded), followed by Mechanical Engineering (60 degrees) and General Political Science & Government (52 degrees).

In 2021, the most specialized majors across all degree types at Lafayette College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Social Sciences (239 degrees awarded), Engineering (162 degrees), and Cultural & Gender Studies (12 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lafayette College are Other managers (554,083 people), Software developers (440,209 people), Lawyers, & judges, magistrates, & other judicial workers (414,411 people), Miscellaneous engineers, including nuclear engineers (341,506 people), and Civil engineers (267,038 people).

The most specialized majors at Lafayette College in 2021 are Social Sciences (239 degrees awarded), Engineering (162 degrees), Cultural & Gender Studies (12 degrees), Natural Resources & Conservation (17 degrees), and English (26 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 Lafayette College are Surgeons, Podiatrists, Media and communication workers, all other, Securities, commodities, & financial services sales agents, and Physicians

The most specialized majors at Lafayette College are Social Sciences (239 degrees awarded), Engineering (162 degrees), Cultural & Gender Studies (12 degrees), Natural Resources & Conservation (17 degrees), and English (26 degrees) (as of 2021).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lafayette College are Computer Systems Design (600,344 people), Elementary & secondary schools (544,805 people), Colleges, universities & professional schools, including junior colleges (511,145 people), Architectural, engineering & related services (466,444 people), and Construction (361,368 people).

Majors Awarded

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

Most Common (2021)

General Economics
93 degree-majors awarded
Mechanical Engineering
60 degree-majors awarded
General Political Science & Government
52 degree-majors awarded

In 2021, the most common bachelors degree concentration at Lafayette College was General Economics with 93 degrees awarded.

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

Sex Breakdown for Common Majors

310

Degrees Awarded to Men

in 2021

410

Degrees Awarded to Women

in 2021

In 2021, 310 degrees were awarded to men at Lafayette College, which is 0.756 times less than the number of degrees awarded to females (410).

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

Most Common Male Majors

In 2021, 66 degrees were awarded to men at Lafayette College in General Economics, which is 2.44 times more than the 27 female recipients with that same degree.

Most Common Female Majors

In 2021, 35 degrees were awarded to men at Lafayette College in General Political Science & Government, which is 2.06 times more than the 17 male recipients with that same degree.

Time to Complete

84%

100% Completion Time

88%

150% Completion Time

In 2021, 84% of students graduating from Lafayette College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 88% completed their degrees within 150% of the normal time, and 88% 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 (94.4%)

The student demographic with the highest graduation rate in 2021 at Lafayette College is Female and Asian (94.4% 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, 6.62% of graduates (39 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
464 degrees awarded
Hispanic or Latino
48 degrees awarded
Asian
30 degrees awarded

The most common race/ethnicity at Lafayette College is white (464 degrees awarded). There were 9.67 times more white recipients than the next closest race/ethnicity group, hispanic or latino (48 degrees).

6.67% of degree recipients (48 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
265 degrees awarded
White Male
199 degrees awarded
Hispanic or Latino Female
31 degrees awarded

The most common race/ethnicity and sex grouping at Lafayette College is white female (265 degrees awarded). There were 1.33 times more white female recipients than the next closest race/ethnicity group, white male (199 degrees).

Operations

Lafayette College has an endowment valued at nearly $1.09B, as of the end of the 2021 fiscal year. The return on its endowment was of 252M (23.2%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Lafayette College had a total salary expenditure of 158M. Lafayette College employs 92 Assistant professors, 79 Associate professors and 76 Professors. Most academics at Lafayette College are Male Associate professor (53), Female Assistant professor (49), and Male Professor (47).

The most common positions for non-instructional staff at Lafayette College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 104 employees, Service, with 84 employees, and Office and Administrative Support with 82 employees.

Endowment

$1.09B

2021 Endowment

25.7%

growth from 2020

Lafayette College has an endowment valued at about $1.09B, as of the end of the 2021 fiscal year. The endowment of Lafayette College grew 25.7% from the previous year. The value of their endowment was $1.03B higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lafayette 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.

Government Grants and Contracts

Grants & Contracts

$4.09M - Federal
$479k - State
$2k - Local

As of 2021, Lafayette College received $4.09M in grants and contracts from the federal government, $479k from state grants and contracts, and $2k from local grants and contracts.

Salary Expenditure

$66.5M

2021 Salaries

3.38%

decline from 2020

In 2021, Lafayette College paid a median of $66.5M in salaries, which represents 42.2% of their overall expenditure ($158M) and a 3.38% decline from the previous year.

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

Instructional Salaries

$27.5M

Instructional Salaries

255

Number of Employees

In 2021, Lafayette College paid a total of $27.5M to 255 employees working as instructors, which represents 41.3% 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

92 Employees

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

Most Common Non-Instructional Employee

104 Employees

In 2021, the most common positions for instructional staff at Lafayette College were Assistant professor with 92 employees, Associate professor with 79 employees, and Professor with 76 employees.

In 2021, the most common positions for non-instructional staff at Lafayette College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 104 employees, Service with 84 employees, and Office and Administrative Support with 82 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Associate professor
Female Assistant professor
Male Professor

In 2021, the most common demographic for instructional staff at Lafayette College was Male Associate professor with 53 employees, Female Assistant professor with 49 employees, and Male Professor with 47 employees.

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