Hope College (170301)

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2022 Undergraduate Tuition
$36,841
1.49% growth from 2021
2022 Average Net Price
$25,800
After Financial Aid
2019 Default Rate
1.14%
on Student Loans
2022 Acceptance Rate
80.5%
5,152 Applicants
2022 Enrolled Students
3,251
96.2% Full-Time
2022 Graduation Rate
80.3%
578 Graduates

About

Hope College (170301) is a higher education institution located in Ottawa County, MI. In 2022, the most popular Bachelors Degree concentrations at Hope College (170301) were General Business Administration & Management (120 degrees awarded), General Psychology (84 degrees), and General Engineering (52 degrees).

In 2022, 837 degrees were awarded across all undergraduate and graduate programs at Hope College (170301). 67% of these degrees were awarded to women, and 33% awarded men. The most common race/ethnicity group of degree recipients was white (675 degrees), 12.7 times more than then the next closest race/ethnicity group, hispanic or latino (53 degrees).

The median undergraduate tuition at Hope College (170301) is $36,841, which is $8,511 more than the national average for Baccalaureate Colleges ($28,330).

Costs

In 2022, the median undergraduate tuition at Hope College (170301) is $36,841, which is $8,511 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $25,800.

In 2022, 97% of undergraduate students attending Hope College (170301) received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Tuition Costs

$36,841
2022 Undergraduate Tuition

In 2022, the cost of tuition at Hope College (170301) was $36,841. The cost of tuition at Hope College (170301) is $8,511 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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Average Net Price

$25,800
2022 Value
10.1%
1 Year Growth

In 2022 Hope College (170301) had an average net price — the price paid after factoring in grants and loans — of $25,800. Between 2021 and 2022, the average net price of Hope College (170301) grew by 10.1%.

This chart compares the average net price of Hope College (170301) (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

$6,820
Room and Board
$1,010
Books and Supplies

The average yearly cost of room and board at Hope College (170301) was of $6,820 in 2022. The cost of room and board decreased by 2.08% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,010. The cost of books and supplies increased by 1% during the same period.

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Financial Aid by Income Level

97%
Undergraduates Receiving Financial Aid through Grants
48%
Undergraduates Receiving Financial Aid through Loans

97% of undergraduate students at Hope College (170301) received financial aid through grants or loans in 2022. This represents a growth of 1.04% with respect to 2021, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Hope College (170301) (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.
1.14%
2019 Default Rate
7
Number of Defaults

In 2019 the default rate for borrower's at Hope College (170301) 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.

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Admissions

Hope College (170301) received 5,152 undergraduate applications in 2022, which represents a 23.5% annual growth. Out of those 5,152 applicants, 4,145 students were accepted for enrollment, representing a 80.5% acceptance rate.

There were 3,251 students enrolled at Hope College (170301) in 2022. 48% of first-time enrollees submitted SAT scores with their applications.

Hope College (170301) has an overall enrollment yield of 23%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

80.5%
Acceptance Rate in 2022
4,145
Accepted Out of 5,152

In 2022, the undergraduate acceptance rate of Hope College (170301) was 80.5% (4,145 admissions from 5,152 applications). This is lower than the acceptance rate of 2021, which was 92.4%. Between 2021 and 2022, the number of applicants grew by 23.5%, while admissions grew by 7.55%..

This chart compares the acceptance rate of Hope College (170301) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

48%
Submission Percentage (2022)
457
Scores Submitted (2022)

48% of enrolled first-time students at Hope College (170301) 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

Hope College (170301) had a total enrollment of 3,251 students in 2022. The full-time enrollment at Hope College (170301) is 3,126 students and the part-time enrollment is 125. This means that 96.2% of students enrolled at Hope College (170301) are enrolled full-time.

The enrolled student population at Hope College (170301), both undergraduate and graduate, is 78.2% White, 7.51% Hispanic or Latino, 3.51% Black or African American, 3.41% Two or More Races, 2.43% Asian, 0.154% American Indian or Alaska Native, and 0.0308% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Hope College (170301) in full-time Undergraduate programs are most commonly White Female (48.6%), followed by White Male (30.4%) and Hispanic or Latino Female (4.89%).

Full-Time vs Part-Time Enrollment

96.2%
Full-Time Enrollment

The total enrollment at Hope College (170301) in 2022, both undergraduate and graduate, is 3,251 students. The full-time enrollment at Hope College (170301) is 3,126 and the part-time enrollment is 125. This means that 96.2% of students enrolled at Hope College (170301) are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Hope College (170301) (in red) compares to similar universities.

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Retention Rate over Time

89%
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 Hope College (170301) was 89%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Hope College (170301) had a retention rate higher than its peers.

This chart shows the retention rate over time at Hope College (170301) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    2,542 enrolled students
  2. Hispanic or Latino
    244 enrolled students
  3. Black or African American
    114 enrolled students

The enrolled student population at Hope College (170301) is 78.2% White, 7.51% Hispanic or Latino, 3.51% Black or African American, 3.41% Two or More Races, 2.43% Asian, 0.154% American Indian or Alaska Native, and 0.0308% 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, 69 students (2.12%) did not report their race.

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Graduates

In 2022, 285 more women than men received degrees from Hope College (170301). The most common race/ethnicity group of degree recipients at Hope College (170301) is white (675 degrees awarded). There were 12.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (53 degrees).

The most common Bachelor's Degree concentration at Hope College (170301) is General Business Administration & Management (120 degrees awarded), followed by General Psychology (84 degrees) and General Engineering (52 degrees).

In 2022,  the most specialized majors across all degree types at Hope College (170301), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Language & Linguistics (27 degrees awarded), Philosophy and Religious Studies (15 degrees), and Physical Sciences (32 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 Hope College (170301) are Postsecondary teachers (191,916 people), Elementary & middle school teachers (177,274 people), Other managers (164,187 people), Secondary school teachers (133,052 people), and Lawyers, & judges, magistrates, & other judicial workers (131,261 people).

The most specialized majors at Hope College (170301) in 2022 are Language & Linguistics (27 degrees awarded), Philosophy and Religious Studies (15 degrees), Physical Sciences (32 degrees), Parks, Recreation, & Leisure (44 degrees), and English (22 degrees) (as of 2022).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Hope College (170301) are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Hope College (170301) are Language & Linguistics (27 degrees awarded), Philosophy and Religious Studies (15 degrees), Physical Sciences (32 degrees), Parks, Recreation, & Leisure (44 degrees), and English (22 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 Hope College (170301) are Elementary & secondary schools (432,542 people), Colleges, universities & professional schools, including junior colleges (370,472 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (186,179 people), Computer Systems Design (144,935 people), and Legal services (110,276 people).

The most specialized majors at Hope College (170301) are Language & Linguistics (27 degrees awarded), Philosophy and Religious Studies (15 degrees), Physical Sciences (32 degrees), Parks, Recreation, & Leisure (44 degrees), and English (22 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 Hope College (170301).
Most Common (2022)
  1. 120 degrees awarded
  2. 84 degrees awarded
  3. 52 degrees awarded

In 2022, the most common bachelors degree concentration at Hope College (170301) was General Business Administration & Management with 120 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Hope College (170301) according to their major.

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Sex Breakdown for Common Majors

276
Degrees Awarded to Men
in 2022
561
Degrees Awarded to Women
in 2022

In 2022, 276 degrees were awarded to men at Hope College (170301), which is 0.492 times less than the number of degrees awarded to females (561).

This chart displays the sex disparity between the top 5 majors at Hope College (170301) by degrees awarded.

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Most Common Male Majors

In 2022, 71 degrees were awarded to men at Hope College (170301) in General Business Administration & Management, which is 1.45 times more than the 49 female recipients with that same degree.

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Most Common Female Majors

In 2022, 69 degrees were awarded to men at Hope College (170301) in General Psychology, which is 4.6 times more than the 15 male recipients with that same degree.

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Time to Complete

66%
100% Completion Time
76%
150% Completion Time

In 2022, 66% of students graduating from Hope College (170301) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 76% completed their degrees within 150% of the normal time, and 77% 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.
Asian Female
Highest Graduation Rate (87.5%)

The student demographic with the highest graduation rate in 2022 at Hope College (170301) is Female and Asian (87.5% 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.

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, 0.346% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    675 degrees awarded
  2. Hispanic or Latino
    53 degrees awarded
  3. Two or More Races
    35 degrees awarded

The most common race/ethnicity at Hope College (170301) is white (675 degrees awarded). There were 12.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (53 degrees).

1.43% of degree recipients (12 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    451 degrees awarded
  2. White Male
    224 degrees awarded
  3. Hispanic or Latino Female
    34 degrees awarded

The most common race/ethnicity and sex grouping at Hope College (170301) is white female (451 degrees awarded). There were 2.01 times more white female recipients than the next closest race/ethnicity group, white male (224 degrees).

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Operations

Hope College (170301) has an endowment valued at nearly $283M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−5.63%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Hope College (170301) had a total salary expenditure of 125M. Hope College (170301) employs 109 Assistant professors, 72 Professors and 65 Associate professors. Most academics at Hope College (170301) are Female Assistant professor (71), Male Professor (48), and Male Assistant professor (38).

The most common positions for non-instructional staff at Hope College (170301) are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 88 employees, Office and Administrative Support, with 78 employees, and Service with 65 employees.

Endowment

$283M
2022 Endowment
7.98%
decline from 2021

Hope College (170301) has an endowment valued at about $283M, as of the end of the 2022 fiscal year. The endowment of Hope College (170301) declined 7.98% from the previous year. The value of their endowment was $233M 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 (170301) (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.

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Salary Expenditure

$54.3M
2022 Salaries
4.89%
growth from 2021

In 2022, Hope College (170301) paid a median of $54.3M in salaries, which represents 43.3% of their overall expenditure ($125M) and a 4.89% 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

$19M
Instructional Salaries
247
Number of Employees

In 2022, Hope College (170301) paid a total of $19M to 247 employees working as instructors, which represents 34.9% 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
109 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
88 Employees

In 2022, the most common positions for instructional staff at Hope College (170301) were Assistant professor with 109 employees, Professor with 72 employees, and Associate professor with 65 employees.

In 2022, the most common positions for non-instructional staff at Hope College (170301) were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 88 employees, Office and Administrative Support with 78 employees, and Service with 65 employees.

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Instructors by Academic Rank and Sex

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

In 2022, the most common demographic for instructional staff at Hope College (170301) was Female Assistant professor with 71 employees, Male Professor with 48 employees, and Male Assistant professor with 38 employees.

This chart shows the sex split between each academic rank present at Hope College (170301).

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