Minnesota s Private Colleges

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1 2015 Fact Card Minnesota s Private s Adding up our impact Augsburg Bethany Lutheran Bethel University Carleton of Saint Benedict The of St. Scholastica Concordia, Moorhead Concordia University, St. Paul Gustavus Adolphus Hamline University Macalester Minneapolis of Art and Design Saint John s University Saint Mary s University of Minnesota St. Catherine University St. Olaf University of St. Thomas

2 Students Total enrollment for fall 2014 at Minnesota s Private s undergraduate and graduate: 58,761 students UNDERGRADATE GRADUATE Augsburg 2, Bethany Lutheran Bethel University 3,045 1,184 Carleton 2,042 of Saint Benedict 2,020 The of St. Scholastica 2,859 1,378 Concordia, Moorhead 2, Concordia University, St. Paul 2,420 1,637 Gustavus Adolphus 2,456 Hamline University 2,243 2,227 Macalester 2,073 Minneapolis of Art and Design Saint John s University 1, Saint Mary s University of Minnesota 1,904 3,921 St. Catherine University 3,491 1,564 St. Olaf 3,034 University of St. Thomas 6,234 3,995 Total 41,797 16,964 Our colleges serve different types of students. Part-time students account for 13% of our undergraduate enrollment. Independent students, who are 25 and older, make up 14% of our undergraduate enrollment. Transfer students account for 29% of our undergraduate enrollment. 6 of our colleges and universities offer non-traditional weekend, evening and online programs to meet the changing needs of all types of learners. 63% percent of our new-entering students are from Minnesota. 33% are students from other states and more than 4% are students from other nations. Students pursue 147 undergraduate majors. Excellence and Outcomes Our focus is on excellence in undergraduate teaching and learning. Courses are taught by highly qualified faculty 84% of full-time faculty members hold doctorates or other terminal degrees in their field. We have one professor for every 12 students. 60% of classes have fewer than 20 students and 99% of classes have fewer than 50 students. Our four-year graduation rate is the highest in the Midwest higher than the region s public systems as well as the other states nonprofit colleges. Looking nationally, our four-year graduation rate ranks third.

3 Excellence and Outcomes (continued) Graduation Rates Minnesota Institutions and National Comparisons 65% 47% 53% 23% 33% Minnesota s Private s University of Minnesota State Universities (MnSCU) Private Nonprofit s Nationwide Public Institutions Nationwide Percent of Students Completing a Bachelor s Degree (Full-time, first-time undergraduates who began a program in 2007) Source: U.S. Department of Education, IPEDS Cohort. Our students receive national recognition. In the most recent year, our colleges had 38 students who were named Fulbright Fellows, Goldwater Scholars, Watson Fellows and Truman Scholars. At the University of Minnesota 9 students received those recognitions and 2 students at MnSCU universities received them. Our alumni say they received a high-quality education and benefited from it more frequently than alumni from major public universities in our six-state region. For example, the share of alumni who said they benefited very much from a majority of classes taught by professors was: 88% for alumni from Minnesota s Private s 25% for alumni from national publics in our six-state region (Visit for more alumni data.) 20% of our most recent graduates pursued additional education immediately upon earning their bachelor s degrees. Of individuals who earned their undergraduate degrees from any Minnesota institution and then went on to earn a doctorate, 52% earned their undergraduate degrees from one of Minnesota s Private s. 84% of our most recent graduates were employed within a year of graduation. (Results on employment and graduate education are not mutually exclusive, which means some students are doing both.) Productivity within Higher Education (Number of students entering public and private institutions and how many graduate 4 years later) Entering Full-Time Freshman in 2007 Number Graduating after 4-Years Minnesota Private Council Member Institutions 8,822 5,760 Minnesota Public 4-Year Institutions 16,853 5,753 Source: U.S. Department of Education, IPEDS 2007 cohort Analysis: Minnesota Private Council

4 Access and Affordability Our students come from all income levels and family incomes for students at private nonprofit colleges are similar to those at public universities. Median family income for FAFSA-filing Minnesota students is: $83,368 at the University of Minnesota $79,599 at Minnesota s Private s $62,473 at State Universities (MnSCU) FAFSA-filing Minnesota Students by Family Income 34% 25% 25% 29% 25% 23% 22% 23% 24% 27% 28% 15% Less than $40,000 $40,000 to $79,999 $80,000 to $119,999 $120,000 or more MnSCU 4-year MPCC U of M Note: Uses Adjusted Gross Income. Includes only Minnesota resident students who files a FAFSA. Source: MPCC analysis of Minnesota State Grant End-of-Year Statistics Fiscal Year 2014, Minnesota Office of Higher Education 84% of our first-year students apply for financial aid by filing the FAFSA. Thanks to financial aid, the average amount that first-year students actually pay for tuition is considerably less than the posted price less than half. The average net tuition for first-year students is $14,469 because students receive an average of $19,340 in institutional, state and federal grants, covering 57% of tuition costs. Average institutional grants have increased by more than 51% since , so the inflation-adjusted net tuition has actually decreased by 7% compared to then. Published and Net Tuition Trends at Minnesota Private Council Member Institutions $35,000 $30,000 $28,137 $30,816 $33,809 $25,000 $20,000 $19,166 $21,800 $24,744 $15,000 $10,000 $5,000 $13,559 $10,630 $15,133 $12,455 $15,215 $13,359 $15,252 $14,307 $14,487 $13,763 MPCC Published Tuition and Fees MPCC Average Net Tuition MPCC Average Net Tuition (Inflation-Adjusted 2012 Dollars) $14,469 $14,469 $ Note: Net tuition figures reflect averages after institutional aid and government aid have been factored in. Source: Minnesota Private Council analysis of IPEDS data.

5 Access and Affordability (continued) For first-year students from families with incomes below $50,000, average grants cover 82% of tuition. The average net tuition these students pay after institutional, federal and state grants is $5,845. And because average institutional grants have increased by more than $9,500, the inflation-adjusted net price has actually dropped 24% since Average Net Tuition All First-Year Full-Time Students Average Net Tuition All First-Year Full-Time Students with Families Incomes of $50,000 or less Net Tuition $14,469 43% Net Tuition $5,845 18% Federal Grants $4,492 14% Federal Grants $1,485 4% State Grants $1,103 3% Institutional Grants $16,753 50% State Grants $2,734 9% Institutional Grants $18,729 59% Includes first-time, full-time, dependent, undergraduate students in traditional programs. Sources: IPEDS and MPCC Financial Aid Data Warehouse Our institutions award more than $523 million in institutional grants and scholarships. 94% of our first-year students receive grants and scholarships that do not have to be paid back. Private college students borrowing closely mirrors levels at public institutions. The share of students at our colleges with no debt is 28%, compared to 34% at the University of Minnesota and 27% at MnSCU 4-year institutions. Median debt level for students who are borrowing at our colleges is $27,940 compared to $25,080 at the U of M and $25,424 at MnSCU universities. 18% of our students are first-generation students, meaning that neither of their parents completed college.

6 Diversity More than 7,300 undergraduate and graduate students of color, excluding international students, enroll at Minnesota s Private s. The share of undergrads who are students of color has been increasing across higher education. Domestic undergrad students of color are: 19% of all undergrads at Minnesota s Private s 19% of all undergrads at the University of Minnesota 16% of all undergrads at MnSCU universities Enrollment of new-entering students of color at Minnesota s Private s has increased significantly over the last 10 years. In fall 2014, 21% of new-entering students were students of color, up from 12% in fall Graduation Rates for Students of Color 54% 37% 44% 27% Minnesota s Private s University of Minnesota 13% State Universities (MnSCU) Private Nonprofit s Nationwide Public Institutions Nationwide Percent of Students Completing a Bachelor s Degree (Full-time, first-time undergraduates who began a program in 2007) Source: U.S. Department of Education, IPEDS Cohort. As for degrees granted, our institutions graduate 30% of Minnesota s baccalaureates of color. And 44% of students of color who earn master s degrees in Minnesota do so at our institutions. Global Reach More than 1,600 international undergraduate students study at our colleges and universities. All our member colleges are committed to international experiences. More than 5,000 students from our 17 schools study abroad each year that s more than half of Minnesota college students who study abroad. Five of Minnesota s Private s rank nationally for study abroad participation.

7 Economic Benefits Minnesota s Private s add more than $1.4 billion annually to Minnesota s economy through direct operating and capital expenditures. We employ more than 13,800 faculty and staff. We rank 10th among Minnesota private sector employers, when considering our total number of employees. We rank 14th among all employers, public and private. 68% of our most recent graduates, regardless of their home state, stay in Minnesota, adding to the quality of the state s workforce and tax base. Degrees Granted Our institutions award 29% of all baccalaureate degrees in Minnesota, with 9,958 bachelor s degrees awarded in Our share of baccalaureate degrees for specific areas of study: 46% of physical science degrees 45% of nursing degrees 41% of history degrees 40% of foreign language degrees 37% of biological science degrees 36% of math and statistics degrees 32% of business degrees Sources of Bachelor s Degrees: University of Minnesota 10,514 31% 32% Minnesota State s and Universities (MnSCU) 10,737 Minnesota Private Council Institutions 9,958 29% 4% 4% Other Private Not-For-Profit Institutions 1,254 Private For-Profit Institutions 1,464 Our institutions award 42% of all master s degrees in Minnesota, with 4,439 master s degrees/certificates awarded in Our share of master s degrees for specific areas of study: 55% of education degrees 51% of computer/information science degrees 51% of public administration degrees 48% of business and management degrees 38% of health profession degrees

8 Minnesota Impact While our students make up 29% of all baccalaureate graduates in the state, they benefit from a small share just 3% of public spending on higher education. State Spending for Higher Education Fiscal Year ($1.395 Billion) University of Minnesota 41.5% Minnesota State s and Universities (MnSCU) 42.1% Institutional appropriations 85% State Grant Program direct aid to students 12.4% Office of Higher Education 3.9% MnSCU Students 4.6% U of M Students 3.2% MPCC Students 3.1% Other Private Institution Students 1.5% It would cost the state of Minnesota more than $250 million each year in additional institutional subsidies if private colleges didn t exist and our students enrolled instead in public institutions. We attract many students to the state, many of whom will stay and build careers here. Our colleges attract about 2,700 first-year students from other states each year. That compares to about 2,100 at the U of M and 1,700 at MnSCU universities. Alumni from our schools who were recipients of need-based state aid achieve similar income and employment levels as students who didn t receive need-based aid, one year following graduation. For more information on these and other facts visit

9 Board of Directors Presidents Paul Pribbenow Augsburg Dan Bruss Gene Pfeifer (effective 7/1/15) Bethany Lutheran Jay Barnes Bethel University Steven G. Poskanzer Carleton Mary Hinton of Saint Benedict Larry Goodwin The of St. Scholastica William Craft Concordia Reverend Thomas Ries Concordia University Rebecca Bergman Gustavus Adolphus Linda Hanson Fayneese Miller (effective 7/1/15) Hamline University Jay Coogan Minneapolis of Art and Design Michael Hemesath Saint John s University Brother William Mann, FSC Saint Mary s University of Minnesota David R. Anderson St. Olaf Julie Sullivan University of St. Thomas Sister Andrea J. Lee, IHM St. Catherine University Brian C. Rosenberg Macalester Business and Community Members Paul D. Cerkvenik Minnesota Private Council Minnesota Private Fund Kathleen Cooney HealthPartners Susan Eich Cargill Joe Graba Education Evolving James Green Kemps LLC Retired H. Theodore Grindal (Ted) Lockridge Grindal Nauen P.L.L.P. Ann Houser Medtronic, Inc. Michael Lovett White Bear Lake Area Schools Robert Mattison Graco Inc. Retired Russell Michaletz Deloitte Tax LLP Retired Tim Morin VigiLanz Laurie Nordquist Wells Fargo Dan Nygaard Xcel Energy Kathleen Pinkett Securian Financial Group David Swanson U.S. Bank Loanne Thrane Edward T. Wahl Judge

10 Augsburg Bethany Lutheran Bethel University Carleton of Saint Benedict The of St. Scholastica Concordia, Moorhead Concordia University, St. Paul Gustavus Adolphus Hamline University Macalester Minneapolis of Art and Design Saint John s University Saint Mary s University of Minnesota St. Catherine University St. Olaf University of St. Thomas MINNESOTA PRIVATE COLLEGE COUNCIL Bremer Tower 445 Minnesota Street, Suite 500 St. Paul, Minnesota [email protected] The Minnesota Private Council represents 17 diverse liberal arts colleges and universities. For more information on the Council and its members, visit