Salem College

www.salem.edu

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    2024 Undergraduate Tuition
    $33,848
    5% growth from 2023
    2024 Average Net Price
    $18,668
    After Financial Aid
    2024 Acceptance Rate
    76.7%
    2,246 Applicants
    2024 Enrolled Students
    549
    82.3% Full-Time
    2024 Graduation Rate
    57.4%
    58 Graduates

    About

    Salem College is a higher education institution located in Forsyth County, NC. In 2024, the most popular Bachelors Degree concentrations at Salem College were General Visual & Performing Arts (12 degrees awarded), General Business Administration & Management (10 degrees), and General Education (10 degrees).

    In 2024, 127 degrees were awarded across all undergraduate and graduate programs at Salem College. 96.9% of these degrees were awarded to women, and 3.15% awarded men. The most common race/ethnicity group of degree recipients was white (69 degrees), 3.14 times more than then the next closest race/ethnicity group, hispanic or latino (22 degrees).

    The median undergraduate tuition at Salem College is $33,848, which is $5,670 more than the national average for Baccalaureate Colleges ($28,178).

    Baccalaureate Colleges: Arts & Sciences FocusBaccalaureate Colleges

    Costs

    In 2024, the median undergraduate tuition at Salem College is $33,848, which is $5,670 more than the national average for Baccalaureate Colleges ($28,178).

    After taking grants and loans into account, the average net price for students is $18,668.

    In 2024, 87% of undergraduate students attending Salem College received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

    Tuition Costs

    $33,848
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Salem College was $33,848. The cost of tuition at Salem College is $5,670 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

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

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    Average Net Price

    $18,668
    2024 Value
    1.75%
    1 Year Growth

    In 2024 Salem College had an average net price — the price paid after factoring in grants and loans — of $18,668. Between 2023 and 2024, the average net price of Salem College grew by 1.75%.

    This chart compares the average net price of Salem 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

    $12,798
    Room and Board
    $1,336
    Books and Supplies

    The average yearly cost of room and board at Salem College was of $12,798 in 2024. The cost of room and board increased by 2.01% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,336. The cost of books and supplies increased by 0.906% during the same period.

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

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    Financial Aid by Income Level

    87%
    Undergraduates Receiving Financial Aid through Grants
    45%
    Undergraduates Receiving Financial Aid through Loans

    87% of undergraduate students at Salem College received financial aid through grants or loans in 2024. This represents a decline of 1.14% with respect to 2023, when 88% of undergraduate students received financial aid.

    This chart compares the average award discount at Salem 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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    Admissions

    Salem College received 2,246 undergraduate applications in 2024, which represents a 15.1% annual growth. Out of those 2,246 applicants, 1,722 students were accepted for enrollment, representing a 76.7% acceptance rate.

    There were 549 students enrolled at Salem College in 2024. 6% of first-time enrollees submitted SAT scores with their applications.

    Salem College has an overall enrollment yield of 7.9%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    76.7%
    Acceptance Rate in 2024
    1,722
    Accepted Out of 2,246

    In 2024, the undergraduate acceptance rate of Salem College was 76.7% (1,722 admissions from 2,246 applications). This is lower than the acceptance rate of 2023, which was 87%. Between 2023 and 2024, the number of applicants grew by 15.1%, while admissions grew by 1.41%.

    This chart compares the acceptance rate of Salem 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

    6%
    Submission Percentage (2024)
    8
    Scores Submitted (2024)

    6% of enrolled first-time students at Salem College in 2024 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

    Salem College had a total enrollment of 549 students in 2024. The full-time enrollment at Salem College is 452 students and the part-time enrollment is 97. This means that 82.3% of students enrolled at Salem College are enrolled full-time.

    The enrolled student population at Salem College, both undergraduate and graduate, is 47.5% White, 18.8% Black or African American, 16% Hispanic or Latino, 2.73% American Indian or Alaska Native, 2.19% Asian, 0.546% Two or More Races, and 0.182% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Salem College in full-time Undergraduate programs are most commonly White Female (48%), followed by Black or African American Female (19.6%) and Hispanic or Latino Female (18.5%). Students enrolled in full-time Graduate programs are most commonly White Female (53.4%), followed by Black or African American Female (22.4%) and White Male (8.62%).

    Full-Time vs Part-Time Enrollment

    82.3%
    Full-Time Enrollment

    The total enrollment at Salem College in 2024, both undergraduate and graduate, is 549 students. The full-time enrollment at Salem College is 452 and the part-time enrollment is 97. This means that 82.3% of students enrolled at Salem 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 Salem College (in red) compares to similar universities.

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    Retention Rate over Time

    68%
    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 Salem College was 68%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Salem College had a retention rate lower than its peers.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      261 enrolled students
    2. Black or African American
      103 enrolled students
    3. Hispanic or Latino
      88 enrolled students

    The enrolled student population at Salem College is 47.5% White, 18.8% Black or African American, 16% Hispanic or Latino, 2.73% American Indian or Alaska Native, 2.19% Asian, 0.546% Two or More Races, and 0.182% 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, 50 students (9.11%) did not report their race.

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    Graduates

    In 2024, 119 more women than men received degrees from Salem College. The most common race/ethnicity group of degree recipients at Salem College is white (69 degrees awarded). There were 3.14 times more white recipients than the next closest race/ethnicity group, hispanic or latino (22 degrees).

    The most common Bachelor's Degree concentration at Salem College is General Visual & Performing Arts (12 degrees awarded), followed by General Business Administration & Management (10 degrees) and General Education (10 degrees).

    In 2024,  the most specialized majors across all degree types at Salem College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (29 degrees awarded), English (7 degrees), and History (4 degrees).

    Common Jobs by Major

    Elementary & middle school teachers
    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Salem College are Elementary & middle school teachers (1,685,504 people), Secondary school teachers (634,907 people), Education administrators (335,432 people), Other managers (286,809 people), and Postsecondary teachers (246,528 people).

    The most specialized majors at Salem College in 2024 are Visual & Performing Arts (29 degrees awarded), English (7 degrees), History (4 degrees), Education (35 degrees), and Parks, Recreation, & Leisure (5 degrees) (as of 2024).

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    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 Salem College are Surgeons, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Physicians, and Nuclear medicine technologists and medical dosimetrists

    The most specialized majors at Salem College are Visual & Performing Arts (29 degrees awarded), English (7 degrees), History (4 degrees), Education (35 degrees), and Parks, Recreation, & Leisure (5 degrees) (as of 2024).

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    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 Salem College are Elementary & secondary schools (3,209,704 people), Colleges, universities & professional schools, including junior colleges (560,998 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (277,337 people), Computer Systems Design (233,563 people), and Legal services (184,205 people).

    The most specialized majors at Salem College are Visual & Performing Arts (29 degrees awarded), English (7 degrees), History (4 degrees), Education (35 degrees), and Parks, Recreation, & Leisure (5 degrees) (as of 2024).

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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 Salem College.
    Most Common (2024)
    1. General Visual & Performing Arts
      12 degrees awarded
    2. General Business Administration & Management
      10 degrees awarded
    3. General Education
      10 degrees awarded

    In 2024, the most common bachelors degree concentration at Salem College was General Visual & Performing Arts with 12 degrees awarded.

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

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    Sex Breakdown for Common Majors

    4
    Degrees Awarded to Men
    in 2024
    123
    Degrees Awarded to Women
    in 2024

    In 2024, 4 degrees were awarded to men at Salem College, which is 0.0325 times less than the number of degrees awarded to females (123).

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

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    Most Common Male Majors

    In 2024, 3 degrees were awarded to men at Salem College in Other Music, which is 3 times more than the 1 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 12 degrees were awarded to women at Salem College in General Visual & Performing Arts. There were no male recipients with the same degree.

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    Time to Complete

    60%
    100% Completion Time
    62%
    150% Completion Time

    In 2024, 60% of students graduating from Salem College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 62% 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      69 degrees awarded
    2. Hispanic or Latino
      22 degrees awarded
    3. American Indian or Alaska Native
      13 degrees awarded

    The most common race/ethnicity at Salem College is white (69 degrees awarded). There were 3.14 times more white recipients than the next closest race/ethnicity group, hispanic or latino (22 degrees).

    4.72% of degree recipients (6 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      163 degrees awarded
    2. White Female
      157 degrees awarded
    3. White Female
      156 degrees awarded

    The most common race/ethnicity and sex grouping at Salem College is white female (163 degrees awarded). There were 1.04 times more white female recipients than the next closest race/ethnicity group, white female (157 degrees).

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    Operations

    Salem College has an endowment valued at nearly $60.5M, as of the end of the 2024 fiscal year. The return on its endowment was of 6.76M (11.2%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

    In 2024, Salem College had a total salary expenditure of 24.4M. Salem College employs 17 Associate professors, 9 Assistant professors and 9 Professors. Most academics at Salem College are Female Associate professor (15), Female Assistant professor (8), and Female Professor (7).

    The most common positions for non-instructional staff at Salem College are: Management, with 24 employees, Service, with 18 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 14 employees.

    Endowment

    $60.5M
    2024 Endowment
    3.36%
    growth from 2023

    Salem College has an endowment valued at about $60.5M, as of the end of the 2024 fiscal year. The endowment of Salem College grew 3.36% from the previous year. The value of their endowment was $11.1M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

    This line chart shows how the endowment at Salem 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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    Salary Expenditure

    $11.3M
    2024 Salaries
    4.55%
    growth from 2023

    In 2024, Salem College paid a median of $11.3M in salaries, which represents 46.1% of their overall expenditure ($24.4M) and a 4.55% growth from the previous year. This is compared to a 22.5% growth between 2022 and 2023, and a 12.1% growth between 2021 and 2022.

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    Instructional Salaries

    $2.27M
    Instructional Salaries
    35
    Number of Employees

    In 2024, Salem College paid a total of $2.27M to 35 employees working as instructors, which represents 20.2% of all salaries paid.

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

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Salem College were Management with 24 employees, Service with 18 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 14 employees.

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