Lafayette College

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2022 Undergraduate Tuition
$58,110
4% growth from 2021
2022 Average Net Price
$37,186
After Financial Aid
2019 Default Rate
1.16%
on Student Loans
2022 Acceptance Rate
33.6%
10,500 Applicants
2022 Enrolled Students
2,729
99.4% Full-Time
2022 Graduation Rate
89.2%
577 Graduates

About

Lafayette College is a higher education institution located in Northampton County, PA. In 2022, the most popular Bachelors Degree concentrations at Lafayette College were General Economics (110 degrees awarded), General Political Science & Government (68 degrees), and General Psychology (66 degrees).

In 2022, 851 degrees were awarded across all undergraduate and graduate programs at Lafayette College. 53% of these degrees were awarded to women, and 47% awarded men. The most common race/ethnicity group of degree recipients was white (576 degrees), 10.5 times more than then the next closest race/ethnicity group, hispanic or latino (55 degrees).

The median undergraduate tuition at Lafayette College is $58,110, which is $29,780 more than the national average for Baccalaureate Colleges ($28,330).

In 2019 the default rate for borrower's at Lafayette College was 1.16%, corresponding to 3 out of the 258 total borrowers.

Costs

In 2022, the median undergraduate tuition at Lafayette College is $58,110, which is $29,780 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $37,186.

In 2022, 98% of undergraduate students attending Lafayette College received financial aid through grants. Comparatively, 24% of undergraduate students received financial aid through loans.

Tuition Costs

$58,110
2022 Undergraduate Tuition

In 2022, the cost of tuition at Lafayette College was $58,110. The cost of tuition at Lafayette College is $29,780 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

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Average Net Price

$37,186
2022 Value
4.05%
1 Year Growth

In 2022 Lafayette College had an average net price — the price paid after factoring in grants and loans — of $37,186. Between 2021 and 2022, the average net price of Lafayette College grew by 4.05%.

This chart compares the average net price of Lafayette 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.

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Other Student Expenses

$16,670
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at Lafayette College was of $16,670 in 2022. The cost of room and board increased by 2.5% between 2021 and 2022.

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 Lafayette College (in red) with that of similar universities.

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Financial Aid by Income Level

98%
Undergraduates Receiving Financial Aid through Grants
24%
Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at Lafayette College received financial aid through grants or loans in 2022. This represents a growth of 69% with respect to 2021, when 58% of undergraduate students received financial aid.

This chart compares the average award discount at Lafayette 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.

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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.
1.16%
2019 Default Rate
3
Number of Defaults

In 2019 the default rate for borrower's at Lafayette College was 1.16%, which represents 3 out of the 258 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

Lafayette College received 10,500 undergraduate applications in 2022, which represents a 27.1% annual growth. Out of those 10,500 applicants, 3,531 students were accepted for enrollment, representing a 33.6% acceptance rate.

There were 2,729 students enrolled at Lafayette College in 2022. 39% of first-time enrollees submitted SAT scores with their applications.

Lafayette College has an overall enrollment yield of 21.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

33.6%
Acceptance Rate in 2022
3,531
Accepted Out of 10,500

In 2022, the undergraduate acceptance rate of Lafayette College was 33.6% (3,531 admissions from 10,500 applications). This is lower than the acceptance rate of 2021, which was 40.7%. Between 2021 and 2022, the number of applicants grew by 27.1%, while admissions grew by 4.9%.

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

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SAT Scores

39%
Submission Percentage (2022)
296
Scores Submitted (2022)

39% of enrolled first-time students at Lafayette 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.

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Enrollment

Lafayette College had a total enrollment of 2,729 students in 2022. The full-time enrollment at Lafayette College is 2,712 students and the part-time enrollment is 17. This means that 99.4% of students enrolled at Lafayette College are enrolled full-time.

The enrolled student population at Lafayette College, both undergraduate and graduate, is 67.6% White, 8.21% Hispanic or Latino, 5.35% Black or African American, 4.32% Two or More Races, 4.14% Asian, and 0.147% American Indian or Alaska Native.

Students enrolled at Lafayette College in full-time Undergraduate programs are most commonly White Female (34.4%), followed by White Male (33.4%) and Hispanic or Latino Female (4.42%).

Full-Time vs Part-Time Enrollment

99.4%
Full-Time Enrollment

The total enrollment at Lafayette College in 2022, both undergraduate and graduate, is 2,729 students. The full-time enrollment at Lafayette College is 2,712 and the part-time enrollment is 17. This means that 99.4% of students enrolled at Lafayette 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 Lafayette College (in red) compares to similar universities.

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Retention Rate over Time

90%
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 Lafayette College was 90%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Lafayette College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    1,846 enrolled students
  2. Hispanic or Latino
    224 enrolled students
  3. Black or African American
    146 enrolled students

The enrolled student population at Lafayette College is 67.6% White, 8.21% Hispanic or Latino, 5.35% Black or African American, 4.32% Two or More Races, 4.14% Asian, and 0.147% 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, 68 students (2.49%) did not report their race.

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Graduates

In 2022, 51 more women than men received degrees from Lafayette College. The most common race/ethnicity group of degree recipients at Lafayette College is white (576 degrees awarded). There were 10.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (55 degrees).

The most common Bachelor's Degree concentration at Lafayette College is General Economics (110 degrees awarded), followed by General Political Science & Government (68 degrees) and General Psychology (66 degrees).

In 2022,  the most specialized majors across all degree types at Lafayette College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Social Sciences (287 degrees awarded), Engineering (168 degrees), and Philosophy and Religious Studies (12 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 Lafayette College are Other managers (593,159 people), Lawyers, & judges, magistrates, & other judicial workers (530,004 people), Software developers (489,324 people), Miscellaneous engineers, including nuclear engineers (352,859 people), and Civil engineers (285,777 people).

The most specialized majors at Lafayette College in 2022 are Social Sciences (287 degrees awarded), Engineering (168 degrees), Philosophy and Religious Studies (12 degrees), English (32 degrees), and History (18 degrees) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lafayette College are Diagnostic medical sonographers, Podiatrists, Surgeons, Cardiovascular technologists and technicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Lafayette College are Social Sciences (287 degrees awarded), Engineering (168 degrees), Philosophy and Religious Studies (12 degrees), English (32 degrees), and History (18 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 Lafayette College are Elementary & secondary schools (681,964 people), Computer Systems Design (667,787 people), Colleges, universities & professional schools, including junior colleges (587,447 people), Architectural, engineering & related services (472,396 people), and Legal services (421,345 people).

The most specialized majors at Lafayette College are Social Sciences (287 degrees awarded), Engineering (168 degrees), Philosophy and Religious Studies (12 degrees), English (32 degrees), and History (18 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 Lafayette College.
Most Common (2022)
  1. 110 degrees awarded
  2. 68 degrees awarded
  3. 66 degrees awarded

In 2022, the most common bachelors degree concentration at Lafayette College was General Economics with 110 degrees awarded.

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

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Sex Breakdown for Common Majors

400
Degrees Awarded to Men
in 2022
451
Degrees Awarded to Women
in 2022

In 2022, 400 degrees were awarded to men at Lafayette College, which is 0.887 times less than the number of degrees awarded to females (451).

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

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Most Common Male Majors

In 2022, 73 degrees were awarded to men at Lafayette College in General Economics, which is 1.97 times more than the 37 female recipients with that same degree.

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Most Common Female Majors

In 2022, 52 degrees were awarded to men at Lafayette College in General Psychology, which is 3.71 times more than the 14 male recipients with that same degree.

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Time to Complete

86%
100% Completion Time
90%
150% Completion Time

In 2022, 86% of students graduating from Lafayette College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 90% completed their degrees within 150% of the normal time, and 90% 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.
Two or More Races Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Lafayette College is Male and Two or More Races (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, 7.63% of graduates (44 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    576 degrees awarded
  2. Hispanic or Latino
    55 degrees awarded
  3. Black or African American
    45 degrees awarded

The most common race/ethnicity at Lafayette College is white (576 degrees awarded). There were 10.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (55 degrees).

3.29% of degree recipients (28 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    302 degrees awarded
  2. White Male
    274 degrees awarded
  3. Hispanic or Latino Male
    28 degrees awarded

The most common race/ethnicity and sex grouping at Lafayette College is white female (302 degrees awarded). There were 1.1 times more white female recipients than the next closest race/ethnicity group, white male (274 degrees).

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Operations

Lafayette College has an endowment valued at nearly $1.02B, as of the end of the 2022 fiscal year. The return on its endowment was of −29.8M (−2.91%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Lafayette College had a total salary expenditure of 179M. Lafayette College employs 100 Assistant professors, 80 Professors and 73 Associate professors. Most academics at Lafayette College are Male Associate professor (53), Male Assistant professor (51), and Female Assistant professor (49).

The most common positions for non-instructional staff at Lafayette College are: Service, with 102 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 97 employees, and Office and Administrative Support with 84 employees.

Endowment

$1.02B
2022 Endowment
5.83%
decline from 2021

This line chart shows how the endowment at Lafayette 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.

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Government Grants and Contracts

Grants & Contracts
  1. $5.37M - Federal
  2. $2.11M - State
  3. $27k - Local

As of 2022, Lafayette College received $5.37M in grants and contracts from the federal government, $2.11M from state grants and contracts, and $27k from local grants and contracts.

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Salary Expenditure

$67M
2022 Salaries
0.683%
growth from 2021

In 2022, Lafayette College paid a median of $67M in salaries, which represents 37.3% of their overall expenditure ($179M) and a 0.683% growth from the previous year. This is compared to a 3.38% decline between 2020 and 2021, and a 0.862% growth between 2019 and 2020.

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

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Instructional Salaries

$28.6M
Instructional Salaries
261
Number of Employees

In 2022, Lafayette College paid a total of $28.6M to 261 employees working as instructors, which represents 42.8% 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
100 Employees
Service
Most Common Non-Instructional Employee
102 Employees

In 2022, the most common positions for instructional staff at Lafayette College were Assistant professor with 100 employees, Professor with 80 employees, and Associate professor with 73 employees.

In 2022, the most common positions for non-instructional staff at Lafayette College were Service with 102 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 97 employees, and Office and Administrative Support with 84 employees.

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Instructors by Academic Rank and Sex

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

In 2022, the most common demographic for instructional staff at Lafayette College was Male Associate professor with 53 employees, Male Assistant professor with 51 employees, and Female Assistant professor with 49 employees.

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

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