Principia College

www.principiacollege.edu/

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2021 Undergraduate Tuition

$29,970

2021 Average Net Price

$19,816

After Financial Aid

2019 Student Loan

4.56%

Default Rate

2021 Acceptance Rate

84.1%

138 Applicants

2021 Enrolled Students

321

98.4% Full-Time

2021 Graduation Rate

85.9%

67 Graduates

About

Principia College is a higher education institution located in Jersey County, IL. In 2021, the most popular Bachelors Degree concentrations at Principia College were General Business Administration & Management (13 degrees awarded), General Education (11 degrees), and General Fine Studio Arts (9 degrees).

In 2021, 102 degrees were awarded across all undergraduate and graduate programs at Principia College. 46.1% of these degrees were awarded to women, and 53.9% awarded men. The most common race/ethnicity group of degree recipients was white (68 degrees), 11.3 times more than then the next closest race/ethnicity group, asian (6 degrees).

The median undergraduate tuition at Principia College is $29,970, which is $1,465 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 Principia College is $29,970, which is $1,465 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $19,816.

In 2021, 99% of undergraduate students attending Principia College received financial aid through grants.

Tuition Costs

$29,970

2021 Undergraduate Tuition

In 2021, the cost of tuition at Principia College was $29,970. The cost of tuition at Principia College is $1,465 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$19,816

2021 Value

26.8%

1 Year Growth

In 2021 Principia College had an average net price — the price paid after factoring in grants and loans — of $19,816. Between 2020 and 2021, the average net price of Principia College grew by 26.8%.

This chart compares the average net price of Principia 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

$11,135

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Principia College was of $11,135 in 2021. The cost of room and board increased by 1.41% 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 Principia College (in red) with that of similar universities.

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

99% of undergraduate students at Principia College received financial aid through grants or loans in 2021. This represents a growth of 2.06% with respect to 2020, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Principia 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.

4.56%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Principia College was 4.56%, which represents 86 out of the 1884 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

Principia College received 138 undergraduate applications in 2021, which represents a 86.5% annual growth. Out of those 138 applicants, 116 students were accepted for enrollment, representing a 84.1% acceptance rate.

There were 321 students enrolled at Principia College in 2021. 30% of first-time enrollees submitted SAT scores with their applications.

Principia College has an overall enrollment yield of 68.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

84.1%

Acceptance Rate in 2021

116

Accepted Out of 138

In 2021, the undergraduate acceptance rate of Principia College was 84.1% (116 admissions from 138 applications). This is lower than the acceptance rate of 2020, which was 93.2%. Between 2020 and 2021, the number of applicants grew by 86.5%, while admissions grew by 68.1%..

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

SAT Scores

30%

Submission Percentage (2021)

Scores Submitted (2021)

30% of enrolled first-time students at Principia 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

Principia College had a total enrollment of 321 students in 2021. The full-time enrollment at Principia College is 316 students and the part-time enrollment is 5. This means that 98.4% of students enrolled at Principia College are enrolled full-time.

The enrolled student population at Principia College, both undergraduate and graduate, is 57% White, 7.17% Hispanic or Latino, 2.8% Black or African American, 2.18% Two or More Races, 1.87% Asian, and 0.312% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Principia College in full-time Undergraduate programs are most commonly White Female (29.4%), followed by White Male (26.9%) and Hispanic or Latino Male (5.06%).

Full-Time vs Part-Time Enrollment

98.4%

Full-Time Enrollment

The total enrollment at Principia College in 2021, both undergraduate and graduate, is 321 students. The full-time enrollment at Principia College is 316 and the part-time enrollment is 5. This means that 98.4% of students enrolled at Principia 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 Principia College (in red) compares to similar universities.

Retention Rate over Time

81%

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 Principia College was 81%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Principia College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
183 enrolled students
Hispanic or Latino
23 enrolled students
Black or African American
9 enrolled students

The enrolled student population at Principia College is 57% White, 7.17% Hispanic or Latino, 2.8% Black or African American, 2.18% Two or More Races, 1.87% Asian, and 0.312% 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, 14 students (4.36%) did not report their race.

Graduates

In 2021, 8 fewer women than men received degrees from Principia College. The most common race/ethnicity group of degree recipients at Principia College is white (68 degrees awarded). There were 11.3 times more white recipients than the next closest race/ethnicity group, asian (6 degrees).

The most common Bachelor's Degree concentration at Principia College is General Business Administration & Management (13 degrees awarded), followed by General Education (11 degrees) and General Fine Studio Arts (9 degrees).

In 2021, the most specialized majors across all degree types at Principia College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are PHILOSOPHY AND RELIGIOUS STUDIES. (6 degrees awarded), Visual & Performing Arts (17 degrees), and Social Sciences (17 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 Principia College are Other managers (383,352 people), Lawyers, & judges, magistrates, & other judicial workers (379,545 people), Elementary & middle school teachers (256,923 people), Postsecondary teachers (188,154 people), and Chief executives & legislators (164,430 people).

The most specialized majors at Principia College in 2021 are PHILOSOPHY AND RELIGIOUS STUDIES. (6 degrees awarded), Visual & Performing Arts (17 degrees), Social Sciences (17 degrees), Communication Technologies (1 degrees), and Communications (8 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 Principia College are Surgeons, Nuclear medicine technologists and medical dosimetrists, Cardiovascular technologists and technicians, Aerospace engineers, and Computer and information research scientists

The most specialized majors at Principia College are PHILOSOPHY AND RELIGIOUS STUDIES. (6 degrees awarded), Visual & Performing Arts (17 degrees), Social Sciences (17 degrees), Communication Technologies (1 degrees), and Communications (8 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 Principia College are Elementary & secondary schools (575,538 people), Colleges, universities & professional schools, including junior colleges (460,457 people), Legal services (317,886 people), Computer Systems Design (303,666 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (215,380 people).

Majors Awarded

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

Most Common (2021)

General Business Administration & Management
13 degree-majors awarded
General Education
11 degree-majors awarded
General Fine Studio Arts
9 degree-majors awarded

In 2021, the most common bachelors degree concentration at Principia College was General Business Administration & Management with 13 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 55 degrees were awarded to men at Principia College, which is 1.17 times more than the number of degrees awarded to females (47).

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

Most Common Male Majors

In 2021, 11 degrees were awarded to men at Principia College in General Business Administration & Management, which is 5.5 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2021, 9 degrees were awarded to men at Principia College in General Education, which is 4.5 times more than the 2 male recipients with that same degree.

Time to Complete

62%

100% Completion Time

80%

150% Completion Time

In 2021, 62% of students graduating from Principia College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 80% completed their degrees within 150% of the normal time, and 80% 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 (100%)

The student demographic with the highest graduation rate in 2021 at Principia College is Female 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, 7.46% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
68 degrees awarded
Asian
6 degrees awarded
Black or African American
1 degrees awarded

The most common race/ethnicity at Principia College is white (68 degrees awarded). There were 11.3 times more white recipients than the next closest race/ethnicity group, asian (6 degrees).

0.98% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
40 degrees awarded
White Female
28 degrees awarded
Asian Female
5 degrees awarded

The most common race/ethnicity and sex grouping at Principia College is white male (40 degrees awarded). There were 1.43 times more white male recipients than the next closest race/ethnicity group, white female (28 degrees).

Operations

Principia College has an endowment valued at nearly $485M, as of the end of the 2021 fiscal year. The return on its endowment was of 150M (31%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Principia College had a total salary expenditure of 44.4M. Principia College employs 24 Assistant professors, 22 Professors and 14 Associate professors. Most academics at Principia College are Male Professor (13), Male Assistant professor (13), and Female Assistant professor (11).

The most common positions for non-instructional staff at Principia College are: Service, with 56 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 34 employees, and Management with 31 employees.

Endowment

$485M

2021 Endowment

29.7%

growth from 2020

Principia College has an endowment valued at about $485M, as of the end of the 2021 fiscal year. The endowment of Principia College grew 29.7% from the previous year. The value of their endowment was $432M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Principia 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

$18.2M

2021 Salaries

6.7%

growth from 2020

In 2021, Principia College paid a median of $18.2M in salaries, which represents 41% of their overall expenditure ($44.4M) and a 6.7% growth from the previous year.

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

Instructional Salaries

$4.69M

Instructional Salaries

Number of Employees

In 2021, Principia College paid a total of $4.69M to 63 employees working as instructors, which represents 25.7% 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

24 Employees

Service

Most Common Non-Instructional Employee

56 Employees

In 2021, the most common positions for instructional staff at Principia College were Assistant professor with 24 employees, Professor with 22 employees, and Associate professor with 14 employees.

In 2021, the most common positions for non-instructional staff at Principia College were Service with 56 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 34 employees, and Management with 31 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Assistant professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Principia College was Male Professor with 13 employees, Male Assistant professor with 13 employees, and Female Assistant professor with 11 employees.

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