Gustavus Adolphus College

gustavus.edu

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2024 Undergraduate Tuition

$55,446

3.5% growth from 2023

2024 Average Net Price

$26,094

After Financial Aid

2024 Acceptance Rate

61%

5,294 Applicants

2024 Enrolled Students

1,906

97.6% Full-Time

2024 Graduation Rate

76.7%

499 Graduates

About

Gustavus Adolphus College is a higher education institution located in Nicollet County, MN. In 2024, the most popular Bachelors Degree concentrations at Gustavus Adolphus College were General Psychology (52 degrees awarded), General Biological Sciences (49 degrees), and General Business (42 degrees).

In 2024, 557 degrees were awarded across all undergraduate and graduate programs at Gustavus Adolphus College. 61.4% of these degrees were awarded to women, and 38.6% awarded men. The most common race/ethnicity group of degree recipients was white (446 degrees), 13.5 times more than then the next closest race/ethnicity group, two or more races (33 degrees).

The median undergraduate tuition at Gustavus Adolphus College is $55,446, which is $27,268 more than the national average for Baccalaureate Colleges ($28,178).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2024, the median undergraduate tuition at Gustavus Adolphus College is $55,446, which is $27,268 more than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $26,094.

In 2024, 99% of undergraduate students attending Gustavus Adolphus College received financial aid through grants. Comparatively, 54% of undergraduate students received financial aid through loans.

Tuition Costs

$55,446

2024 Undergraduate Tuition

In 2024, the cost of tuition at Gustavus Adolphus College was $55,446. The cost of tuition at Gustavus Adolphus College is $27,268 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

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

Average Net Price

$26,094

2024 Value

9.41%

1 Year Growth

In 2024 Gustavus Adolphus College had an average net price — the price paid after factoring in grants and loans — of $26,094. Between 2023 and 2024, the average net price of Gustavus Adolphus College grew by 9.41%.

This chart compares the average net price of Gustavus Adolphus 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

$11,290

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Gustavus Adolphus College was of $11,290 in 2024. The cost of room and board increased by 2.54% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $900. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Gustavus Adolphus 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 Gustavus Adolphus College received financial aid through grants or loans in 2024. This represents a growth of 6.45% with respect to 2023, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at Gustavus Adolphus 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.

Admissions

Gustavus Adolphus College received 5,294 undergraduate applications in 2024, which represents a 19% annual growth. Out of those 5,294 applicants, 3,229 students were accepted for enrollment, representing a 61% acceptance rate.

There were 1,906 students enrolled at Gustavus Adolphus College in 2024.

Gustavus Adolphus College has an overall enrollment yield of 15.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

61%

Acceptance Rate in 2024

3,229

Accepted Out of 5,294

In 2024, the undergraduate acceptance rate of Gustavus Adolphus College was 61% (3,229 admissions from 5,294 applications). This is lower than the acceptance rate of 2023, which was 61.8%. Between 2023 and 2024, the number of applicants grew by 19%, while admissions grew by 17.4%.

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

Enrollment

Gustavus Adolphus College had a total enrollment of 1,906 students in 2024. The full-time enrollment at Gustavus Adolphus College is 1,861 students and the part-time enrollment is 45. This means that 97.6% of students enrolled at Gustavus Adolphus College are enrolled full-time.

The enrolled student population at Gustavus Adolphus College, both undergraduate and graduate, is 78.4% White, 6.24% Hispanic or Latino, 4.3% Two or More Races, 2.36% Asian, 2.2% Black or African American, 0.105% American Indian or Alaska Native, and 0.105% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Gustavus Adolphus College in full-time Undergraduate programs are most commonly White Female (43.8%), followed by White Male (35.1%) and Hispanic or Latino Male (2.95%). Students enrolled in full-time Graduate programs are most commonly Hispanic or Latino Female (100%).

Full-Time vs Part-Time Enrollment

97.6%

Full-Time Enrollment

The total enrollment at Gustavus Adolphus College in 2024, both undergraduate and graduate, is 1,906 students. The full-time enrollment at Gustavus Adolphus College is 1,861 and the part-time enrollment is 45. This means that 97.6% of students enrolled at Gustavus Adolphus College are enrolled full-time compared with 78.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

88%

2024 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 Gustavus Adolphus College was 88%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Gustavus Adolphus College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,495 enrolled students
Hispanic or Latino
119 enrolled students
Two or More Races
82 enrolled students

The enrolled student population at Gustavus Adolphus College is 78.4% White, 6.24% Hispanic or Latino, 4.3% Two or More Races, 2.36% Asian, 2.2% Black or African American, 0.105% American Indian or Alaska Native, and 0.105% 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 50.5% White, 15.6% Hispanic or Latino, and 13.2% 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, 16 students (0.839%) did not report their race.

Graduates

In 2024, 127 more women than men received degrees from Gustavus Adolphus College. The most common race/ethnicity group of degree recipients at Gustavus Adolphus College is white (446 degrees awarded). There were 13.5 times more white recipients than the next closest race/ethnicity group, two or more races (33 degrees).

The most common Bachelor's Degree concentration at Gustavus Adolphus College is General Psychology (52 degrees awarded), followed by General Biological Sciences (49 degrees) and General Business (42 degrees).

In 2024, the most specialized majors across all degree types at Gustavus Adolphus College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Cultural & Gender Studies (16 degrees awarded), Natural Resources & Conservation (29 degrees), and Physical Sciences (38 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Gustavus Adolphus College are Other managers (140,219 people), Postsecondary teachers (119,354 people), Elementary & middle school teachers (97,208 people), Physicians (85,206 people), and Secondary school teachers (83,571 people).

The most specialized majors at Gustavus Adolphus College in 2024 are Cultural & Gender Studies (16 degrees awarded), Natural Resources & Conservation (29 degrees), Physical Sciences (38 degrees), Parks, Recreation, & Leisure (39 degrees), and Language & Linguistics (12 degrees) (as of 2024).

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 Gustavus Adolphus College are Surgeons, Diagnostic medical sonographers, Logisticians, Economists, and Securities, commodities, & financial services sales agents

The most specialized majors at Gustavus Adolphus College are Cultural & Gender Studies (16 degrees awarded), Natural Resources & Conservation (29 degrees), Physical Sciences (38 degrees), Parks, Recreation, & Leisure (39 degrees), and Language & Linguistics (12 degrees) (as of 2024).

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 Gustavus Adolphus College are Elementary & secondary schools (255,722 people), Colleges, universities & professional schools, including junior colleges (254,602 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (169,182 people), Computer Systems Design (108,835 people), and Scientific research & development services (81,352 people).

Majors Awarded

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

Most Common (2024)

General Psychology
52 degrees awarded
General Biological Sciences
49 degrees awarded
General Business
42 degrees awarded

In 2024, the most common bachelors degree concentration at Gustavus Adolphus College was General Psychology with 52 degrees awarded.

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

Sex Breakdown for Common Majors

215

Degrees Awarded to Men

in 2024

342

Degrees Awarded to Women

in 2024

In 2024, 215 degrees were awarded to men at Gustavus Adolphus College, which is 0.629 times less than the number of degrees awarded to females (342).

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

Most Common Male Majors

In 2024, 29 degrees were awarded to men at Gustavus Adolphus College in General Business, which is 2.23 times more than the 13 female recipients with that same degree.

Most Common Female Majors

In 2024, 38 degrees were awarded to men at Gustavus Adolphus College in General Psychology, which is 2.71 times more than the 14 male recipients with that same degree.

Time to Complete

72%

100% Completion Time

76%

150% Completion Time

In 2024, 72% of students graduating from Gustavus Adolphus College 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 76% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
446 degrees awarded
Two or More Races
33 degrees awarded
Hispanic or Latino
26 degrees awarded

The most common race/ethnicity at Gustavus Adolphus College is white (446 degrees awarded). There were 13.5 times more white recipients than the next closest race/ethnicity group, two or more races (33 degrees).

0.718% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
352 degrees awarded
White Female
345 degrees awarded
White Female
339 degrees awarded

The most common race/ethnicity and sex grouping at Gustavus Adolphus College is white female (352 degrees awarded). There were 1.02 times more white female recipients than the next closest race/ethnicity group, white female (345 degrees).

Operations

Gustavus Adolphus College has an endowment valued at nearly $313M, as of the end of the 2024 fiscal year. The return on its endowment was of 31.9M (10.2%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Gustavus Adolphus College had a total salary expenditure of 92.7M. Gustavus Adolphus College employs 51 Associate professors, 48 Professors and 44 Assistant professors. Most academics at Gustavus Adolphus College are Female Professor (28), Female Associate professor (28), and Female Assistant professor (26).

The most common positions for non-instructional staff at Gustavus Adolphus College are: Service, with 115 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 68 employees, and Office and Administrative Support with 51 employees.

Endowment

$313M

2024 Endowment

7.84%

growth from 2023

Gustavus Adolphus College has an endowment valued at about $313M, as of the end of the 2024 fiscal year. The endowment of Gustavus Adolphus College grew 7.84% from the previous year. The value of their endowment was $264M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Gustavus Adolphus 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

$36.4M

2024 Salaries

2.35%

decline from 2023

In 2024, Gustavus Adolphus College paid a median of $36.4M in salaries, which represents 39.2% of their overall expenditure ($92.7M) and a 2.35% decline from the previous year. This is compared to a 0.626% growth between 2022 and 2023, and a 4.51% growth between 2021 and 2022.

Instructional Salaries

$11.8M

Instructional Salaries

155

Number of Employees

In 2024, Gustavus Adolphus College paid a total of $11.8M to 155 employees working as instructors, which represents 32.4% of all salaries paid.

This is compared to a median of $522k (3.48%) for similar Baccalaureate Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Gustavus Adolphus College were Service with 115 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 68 employees, and Office and Administrative Support with 51 employees.

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