Louisburg College

www.louisburg.edu/

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2021 Undergraduate Tuition

$17,976

5.9% growth from 2020

2021 Average Net Price

$19,881

After Financial Aid

2019 Student Loan

10.3%

Default Rate

2021 Acceptance Rate

81.6%

570 Applicants

2021 Enrolled Students

501

94.6% Full-Time

2021 Graduation Rate

73.3%

311 Graduates

About

Louisburg College is a higher education institution located in Franklin County, NC. In 2021, the most popular Associates Degree concentrations at Louisburg College were Liberal Arts & Sciences (74 degrees awarded), General Biological Sciences (10 degrees), and General Business (6 degrees).

In 2021, 90 degrees were awarded across all undergraduate and graduate programs at Louisburg College. 44.4% of these degrees were awarded to women, and 55.6% awarded men. The most common race/ethnicity group of degree recipients was black or african american (51 degrees), 1.76 times more than then the next closest race/ethnicity group, white (29 degrees).

The median undergraduate tuition at Louisburg College is $17,976, which is $10,008 more than the national average for Associates Colleges ($7,968).

Associates Colleges: High Transfer-High Traditional Associates Colleges

Costs

In 2021, the median undergraduate tuition at Louisburg College is $17,976, which is $10,008 more than the national average for Associates Colleges ($7,968).

After taking grants and loans into account, the average net price for students is $19,881.

In 2021, 98% of undergraduate students attending Louisburg College received financial aid through grants. Comparatively, 79% of undergraduate students received financial aid through loans.

Tuition Costs

$17,976

2021 Undergraduate Tuition

In 2021, the cost of tuition at Louisburg College was $17,976. The cost of tuition at Louisburg College is $10,008 more than than the overall (public and private) national average for Associates Colleges ($7,968).

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

Average Net Price

$19,881

2021 Value

9.49%

1 Year Growth

In 2021 Louisburg College had an average net price — the price paid after factoring in grants and loans — of $19,881. Between 2020 and 2021, the average net price of Louisburg College grew by 9.49%.

This chart compares the average net price of Louisburg 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

$8,731

Room and Board

$300

Books and Supplies

The average yearly cost of room and board at Louisburg College was of $8,731 in 2021. The cost of room and board increased by 1.72% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $300. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

98%

Undergraduates Receiving Financial Aid through Grants

79%

Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at Louisburg College received financial aid through grants or loans in 2021. This represents a growth of 2.08% with respect to 2020, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Louisburg 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.

10.3%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Louisburg College was 10.3%, which represents 43 out of the 416 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

Louisburg College received 570 undergraduate applications in 2021, which represents a 40.1% annual growth. Out of those 570 applicants, 465 students were accepted for enrollment, representing a 81.6% acceptance rate.

There were 501 students enrolled at Louisburg College in 2021.

Louisburg College has an overall enrollment yield of 86.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

81.6%

Acceptance Rate in 2021

465

Accepted Out of 570

In 2021, the undergraduate acceptance rate of Louisburg College was 81.6% (465 admissions from 570 applications). This is lower than the acceptance rate of 2020, which was 82.5%. Between 2020 and 2021, the number of applicants grew by 40.1%, while admissions declined by −40.8%..

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

Enrollment

Louisburg College had a total enrollment of 501 students in 2021. The full-time enrollment at Louisburg College is 474 students and the part-time enrollment is 27. This means that 94.6% of students enrolled at Louisburg College are enrolled full-time.

The enrolled student population at Louisburg College, both undergraduate and graduate, is 55.1% Black or African American, 20.4% White, 7.58% Two or More Races, 1.8% Hispanic or Latino, 1.2% Asian, 0.599% American Indian or Alaska Native, and 0.2% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Louisburg College in full-time Undergraduate programs are most commonly Black or African American Male (43.7%), followed by White Male (11.2%) and Black or African American Female (10.5%).

Full-Time vs Part-Time Enrollment

94.6%

Full-Time Enrollment

The total enrollment at Louisburg College in 2021, both undergraduate and graduate, is 501 students. The full-time enrollment at Louisburg College is 474 and the part-time enrollment is 27. This means that 94.6% of students enrolled at Louisburg College are enrolled full-time compared with 32.5% at similar Associates Colleges.

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

Retention Rate over Time

47%

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 Louisburg College was 47%. Compared with the full-time retention rate at similar Associates Colleges (60%), Louisburg College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Black or African American
276 enrolled students
White
102 enrolled students
Two or More Races
38 enrolled students

The enrolled student population at Louisburg College is 55.1% Black or African American, 20.4% White, 7.58% Two or More Races, 1.8% Hispanic or Latino, 1.2% Asian, 0.599% American Indian or Alaska Native, and 0.2% 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 Associates Colleges is 44.1% White, 26.8% Hispanic or Latino, and 12.5% 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, 63 students (12.6%) did not report their race.

Graduates

In 2021, 10 fewer women than men received degrees from Louisburg College. The most common race/ethnicity group of degree recipients at Louisburg College is black or african american (51 degrees awarded). There were 1.76 times more black or african american recipients than the next closest race/ethnicity group, white (29 degrees).

The most common Associates Degree concentration at Louisburg College is Liberal Arts & Sciences (74 degrees awarded), followed by General Biological Sciences (10 degrees) and General Business (6 degrees).

In 2021, the most specialized majors across all degree types at Louisburg College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Liberal Arts & Humanities (74 degrees awarded), Biology (10 degrees), and Business (6 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Louisburg College are Accountants & auditors (1,037,122 people), Other managers (730,605 people), Financial managers (468,756 people), Physicians (398,792 people), and Chief executives & legislators (375,263 people).

The most specialized majors at Louisburg College in 2021 are Liberal Arts & Humanities (74 degrees awarded), Biology (10 degrees), and Business (6 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 Louisburg College are Surgeons, Broadcast announcers and radio disc jockeys, Physicians, Magnetic resonance imaging technologists, and Counter & rental clerks

The most specialized majors at Louisburg College are Liberal Arts & Humanities (74 degrees awarded), Biology (10 degrees), and Business (6 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Louisburg College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (726,563 people), Elementary & secondary schools (661,498 people), Colleges, universities & professional schools, including junior colleges (563,432 people), Computer Systems Design (498,974 people), and Banking & related activities (480,021 people).

The most specialized majors at Louisburg College are Liberal Arts & Humanities (74 degrees awarded), Biology (10 degrees), and Business (6 degrees) (as of 2021).

Majors Awarded

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

Most Common (2021)

Liberal Arts & Sciences
74 degree-majors awarded
General Biological Sciences
10 degree-majors awarded
General Business
6 degree-majors awarded

In 2021, the most common associates degree concentration at Louisburg College was Liberal Arts & Sciences with 74 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 50 degrees were awarded to men at Louisburg College, which is 1.25 times more than the number of degrees awarded to females (40).

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

Most Common Male Majors

In 2021, 39 degrees were awarded to men at Louisburg College in Liberal Arts & Sciences, which is 1.11 times more than the 35 female recipients with that same degree.

Most Common Female Majors

In 2021, 35 degrees were awarded to men at Louisburg College in Liberal Arts & Sciences, which is 0.897 times less than the 39 male recipients with that same degree.

Time to Complete

100% Completion Time

21%

150% Completion Time

In 2021, 0% of students graduating from Louisburg College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 21% completed their degrees within 150% of the normal time, and 41% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates 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.

Black or African American Male

Highest Graduation Rate (98.3%)

The student demographic with the highest graduation rate in 2021 at Louisburg College is Male and Black or African American (98.3% graduation rate). Across all Associates 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)

Black or African American
51 degrees awarded
White
29 degrees awarded
Two or More Races
3 degrees awarded

The most common race/ethnicity at Louisburg College is black or african american (51 degrees awarded). There were 1.76 times more black or african american recipients than the next closest race/ethnicity group, white (29 degrees).

4.44% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Female
26 degrees awarded
Black or African American Male
25 degrees awarded
White Male
21 degrees awarded

The most common race/ethnicity and sex grouping at Louisburg College is black or african american female (26 degrees awarded). There were 1.04 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (25 degrees).

Operations

Louisburg College has an endowment valued at nearly $16.3M, as of the end of the 2021 fiscal year. The return on its endowment was of 2.93M (18%) compared to the 1.65% average return (87.6k on 5.29M) across all Associates Colleges.

In 2021, Louisburg College had a total salary expenditure of 14.1M. Louisburg College employs 10 Assistant professors, 9 Instructors and 2 Professors. Most academics at Louisburg College are Female Instructor (9), Male Assistant professor (6), and Female Assistant professor (4).

The most common positions for non-instructional staff at Louisburg College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 24 employees, Office and Administrative Support, with 11 employees, and Management with 9 employees.

Endowment

$16.3M

2021 Endowment

14.8%

growth from 2020

Louisburg College has an endowment valued at about $16.3M, as of the end of the 2021 fiscal year. The endowment of Louisburg College grew 14.8% from the previous year. The value of their endowment was $11M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Louisburg College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-High Traditional Carnegie Classification grouping.

Salary Expenditure

$4.36M

2021 Salaries

2.89%

decline from 2020

In 2021, Louisburg College paid a median of $4.36M in salaries, which represents 30.9% of their overall expenditure ($14.1M) and a 2.89% decline from the previous year.

The median for similar Associates Colleges is 16.4M (41.6% of overall expenditures).

Instructional Salaries

$955k

Instructional Salaries

Number of Employees

In 2021, Louisburg College paid a total of $955k to 23 employees working as instructors, which represents 21.9% of all salaries paid.

This is compared to a median of $5.1M (31.2%) for similar Associates Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

10 Employees

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

Most Common Non-Instructional Employee

24 Employees

In 2021, the most common positions for instructional staff at Louisburg College were Assistant professor with 10 employees, Instructor with 9 employees, and Professor with 2 employees.

In 2021, the most common positions for non-instructional staff at Louisburg College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 24 employees, Office and Administrative Support with 11 employees, and Management with 9 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Instructor
Male Assistant professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Louisburg College was Female Instructor with 9 employees, Male Assistant professor with 6 employees, and Female Assistant professor with 4 employees.

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