Saint Michael's College

www.smcvt.edu

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2022 Undergraduate Tuition

$47,640

2.25% growth from 2021

2022 Average Net Price

$27,700

After Financial Aid

2019 Default Rate

0.662%

on Student Loans

2022 Acceptance Rate

85.1%

2,626 Applicants

2022 Enrolled Students

1,399

88% Full-Time

2022 Graduation Rate

74.5%

341 Graduates

About

Saint Michael's College is a higher education institution located in Chittenden County, VT. In 2022, the most popular Bachelors Degree concentrations at Saint Michael's College were General Business Administration & Management (75 degrees awarded), General Biological Sciences (46 degrees), and General Psychology (44 degrees).

In 2022, 541 degrees were awarded across all undergraduate and graduate programs at Saint Michael's College. 58.8% of these degrees were awarded to women, and 41.2% awarded men. The most common race/ethnicity group of degree recipients was white (443 degrees), 17 times more than then the next closest race/ethnicity group, hispanic or latino (26 degrees).

The median undergraduate tuition at Saint Michael's College is $47,640, which is $19,310 more than the national average for Baccalaureate Colleges ($28,330).

In 2019 the default rate for borrower's at Saint Michael's College was 0.662%, corresponding to 3 out of the 453 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Saint Michael's College is $47,640, which is $19,310 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $27,700.

In 2022, 99% of undergraduate students attending Saint Michael's College received financial aid through grants. Comparatively, 54% of undergraduate students received financial aid through loans.

Tuition Costs

$47,640

2022 Undergraduate Tuition

In 2022, the cost of tuition at Saint Michael's College was $47,640. The cost of tuition at Saint Michael's College is $19,310 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

This chart compares the tuition costs of Saint Michael's College (in red) with those of other similar universities.

Average Net Price

$27,700

2022 Value

4.41%

1 Year Growth

In 2022 Saint Michael's College had an average net price — the price paid after factoring in grants and loans — of $27,700. Between 2021 and 2022, the average net price of Saint Michael's College grew by 4.41%.

This chart compares the average net price of Saint Michael's 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

$14,280

Room and Board

$1,250

Books and Supplies

The average yearly cost of room and board at Saint Michael's College was of $14,280 in 2022. The cost of room and board increased by 5% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,250. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Saint Michael's College (in red) with that of similar universities.

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

54%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Saint Michael's College received financial aid through grants or loans in 2022. This represents a growth of 2.06% with respect to 2021, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Saint Michael's 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.

0.662%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Saint Michael's College was 0.662%, which represents 3 out of the 453 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

Saint Michael's College received 2,626 undergraduate applications in 2022, which represents a 11.3% annual growth. Out of those 2,626 applicants, 2,236 students were accepted for enrollment, representing a 85.1% acceptance rate.

There were 1,399 students enrolled at Saint Michael's College in 2022. 19% of first-time enrollees submitted SAT scores with their applications.

Saint Michael's College has an overall enrollment yield of 11.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

85.1%

Acceptance Rate in 2022

2,236

Accepted Out of 2,626

In 2022, the undergraduate acceptance rate of Saint Michael's College was 85.1% (2,236 admissions from 2,626 applications). This is lower than the acceptance rate of 2021, which was 85.9%. Between 2021 and 2022, the number of applicants grew by 11.3%, while admissions grew by 10.4%.

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

SAT Scores

19%

Submission Percentage (2022)

Scores Submitted (2022)

19% of enrolled first-time students at Saint Michael's 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.

Enrollment

Saint Michael's College had a total enrollment of 1,399 students in 2022. The full-time enrollment at Saint Michael's College is 1,231 students and the part-time enrollment is 168. This means that 88% of students enrolled at Saint Michael's College are enrolled full-time.

The enrolled student population at Saint Michael's College, both undergraduate and graduate, is 81.3% White, 5% Hispanic or Latino, 2.57% Black or African American, 2.22% Two or More Races, 1.36% Asian, and 0.143% American Indian or Alaska Native.

Students enrolled at Saint Michael's College in full-time Undergraduate programs are most commonly White Female (45.3%), followed by White Male (37.6%) and Hispanic or Latino Male (2.93%). Students enrolled in full-time Graduate programs are most commonly White Female (50%), followed by White Male (23.7%) and Black or African American Male (2.63%).

Full-Time vs Part-Time Enrollment

88%

Full-Time Enrollment

The total enrollment at Saint Michael's College in 2022, both undergraduate and graduate, is 1,399 students. The full-time enrollment at Saint Michael's College is 1,231 and the part-time enrollment is 168. This means that 88% of students enrolled at Saint Michael's College are enrolled full-time compared with N/A% at similar Baccalaureate Colleges.

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

Retention Rate over Time

79%

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 Saint Michael's College was 79%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Saint Michael's College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
1,137 enrolled students
Hispanic or Latino
70 enrolled students
Black or African American
36 enrolled students

The enrolled student population at Saint Michael's College is 81.3% White, 5% Hispanic or Latino, 2.57% Black or African American, 2.22% Two or More Races, 1.36% Asian, and 0.143% American Indian or Alaska Native. 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, 44 students (3.15%) did not report their race.

Graduates

In 2022, 95 more women than men received degrees from Saint Michael's College. The most common race/ethnicity group of degree recipients at Saint Michael's College is white (443 degrees awarded). There were 17 times more white recipients than the next closest race/ethnicity group, hispanic or latino (26 degrees).

The most common Bachelor's Degree concentration at Saint Michael's College is General Business Administration & Management (75 degrees awarded), followed by General Biological Sciences (46 degrees) and General Psychology (44 degrees).

In 2022, the most specialized majors across all degree types at Saint Michael's College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (17 degrees awarded), History (16 degrees), and English (22 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Saint Michael's College are Lawyers, & judges, magistrates, & other judicial workers (525,134 people), Physicians (437,288 people), Other managers (405,256 people), Elementary & middle school teachers (308,613 people), and Postsecondary teachers (304,694 people).

The most specialized majors at Saint Michael's College in 2022 are Philosophy and Religious Studies (17 degrees awarded), History (16 degrees), English (22 degrees), Biology (70 degrees), and Social Sciences (58 degrees) (as of 2022).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Saint Michael's 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 Saint Michael's College are Philosophy and Religious Studies (17 degrees awarded), History (16 degrees), English (22 degrees), Biology (70 degrees), and Social Sciences (58 degrees) (as of 2022).

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 Saint Michael's College are Elementary & secondary schools (748,159 people), Colleges, universities & professional schools, including junior colleges (677,110 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (601,860 people), Legal services (415,269 people), and Computer Systems Design (300,604 people).

Majors Awarded

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

Most Common (2022)

General Business Administration & Management
75 degrees awarded
General Biological Sciences
46 degrees awarded
General Psychology
44 degrees awarded

In 2022, the most common bachelors degree concentration at Saint Michael's College was General Business Administration & Management with 75 degrees awarded.

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

Sex Breakdown for Common Majors

223

Degrees Awarded to Men

in 2022

318

Degrees Awarded to Women

in 2022

In 2022, 223 degrees were awarded to men at Saint Michael's College, which is 0.701 times less than the number of degrees awarded to females (318).

This chart displays the sex disparity between the top 5 majors at Saint Michael's College by degrees awarded.

Most Common Male Majors

In 2022, 55 degrees were awarded to men at Saint Michael's College in General Business Administration & Management, which is 2.75 times more than the 20 female recipients with that same degree.

Most Common Female Majors

In 2022, 46 degrees were awarded to men at Saint Michael's College in General Education, which is 4.18 times more than the 11 male recipients with that same degree.

Time to Complete

72%

100% Completion Time

75%

150% Completion Time

In 2022, 72% of students graduating from Saint Michael's College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 75% completed their degrees within 150% of the normal time, and 75% 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 Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Saint Michael's College is Male and Asian (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.

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, 1.17% of graduates (4 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
443 degrees awarded
Hispanic or Latino
26 degrees awarded
Asian
14 degrees awarded

The most common race/ethnicity at Saint Michael's College is white (443 degrees awarded). There were 17 times more white recipients than the next closest race/ethnicity group, hispanic or latino (26 degrees).

3.88% of degree recipients (21 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
274 degrees awarded
White Male
169 degrees awarded
Hispanic or Latino Male
13 degrees awarded

The most common race/ethnicity and sex grouping at Saint Michael's College is white female (274 degrees awarded). There were 1.62 times more white female recipients than the next closest race/ethnicity group, white male (169 degrees).

Operations

Saint Michael's College has an endowment valued at nearly $94.4M, as of the end of the 2022 fiscal year. The return on its endowment was of −6.26M (−6.64%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Saint Michael's College had a total salary expenditure of 66.3M. Saint Michael's College employs 34 Professors, 29 Associate professors and 25 Assistant professors. Most academics at Saint Michael's College are Male Professor (24), Female Assistant professor (19), and Male Associate professor (17).

The most common positions for non-instructional staff at Saint Michael's College are: Management, with 46 employees, Service, with 39 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 32 employees.

Endowment

$94.4M

2022 Endowment

8.42%

decline from 2021

This line chart shows how the endowment at Saint Michael's 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

$25.4M

2022 Salaries

3.26%

growth from 2021

In 2022, Saint Michael's College paid a median of $25.4M in salaries, which represents 38.3% of their overall expenditure ($66.3M) and a 3.26% growth from the previous year. This is compared to a 12.7% decline between 2020 and 2021, and a 4.86% decline between 2019 and 2020.

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

Instructional Salaries

$8.25M

Instructional Salaries

106

Number of Employees

In 2022, Saint Michael's College paid a total of $8.25M to 106 employees working as instructors, which represents 32.5% of all salaries paid.

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

Occupations by Share

Professor

Most Common Instructor

34 Employees

Management

Most Common Non-Instructional Employee

46 Employees

In 2022, the most common positions for instructional staff at Saint Michael's College were Professor with 34 employees, Associate professor with 29 employees, and Assistant professor with 25 employees.

In 2022, the most common positions for non-instructional staff at Saint Michael's College were Management with 46 employees, Service with 39 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 32 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Female Assistant professor
Male Associate professor

In 2022, the most common demographic for instructional staff at Saint Michael's College was Male Professor with 24 employees, Female Assistant professor with 19 employees, and Male Associate professor with 17 employees.

This chart shows the sex split between each academic rank present at Saint Michael's College.

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