Welch College

www.welch.edu

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2024 Undergraduate Tuition
$21,400
2.9% growth from 2023
2024 Average Net Price
$21,157
After Financial Aid
2024 Enrolled Students
389
46% Full-Time
2024 Graduation Rate
61%
25 Graduates

About

Welch College is a higher education institution located in Sumner County, TN. In 2024, the most popular Bachelors Degree concentrations at Welch College were Biblical Studies (36 degrees awarded), General Business Administration & Management (9 degrees), and General Psychology (7 degrees).

In 2024, 93 degrees were awarded across all undergraduate and graduate programs at Welch College. 52.7% of these degrees were awarded to women, and 47.3% awarded men. The most common race/ethnicity group of degree recipients was white (85 degrees), 21.3 times more than then the next closest race/ethnicity group, black or african american (4 degrees).

The median undergraduate tuition at Welch College is $21,400, which is $−8,588 less than the national average for Baccalaureate Colleges ($29,988).

Baccalaureate Colleges: Diverse FieldsBaccalaureate Colleges

Costs

In 2024, the median undergraduate tuition at Welch College is $21,400, which is $8,588 less than the national average for Baccalaureate Colleges ($29,988).

After taking grants and loans into account, the average net price for students is $21,157.

In 2024, 93% of undergraduate students attending Welch College received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Tuition Costs

$21,400
2024 Undergraduate Tuition

In 2024, the cost of tuition at Welch College was $21,400. The cost of tuition at Welch College is $−8,588 less than than the overall (public and private) national average for Baccalaureate Colleges ($29,988).

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Average Net Price

$21,157
2024 Value
10.1%
1 Year Growth

In 2024 Welch College had an average net price — the price paid after factoring in grants and loans — of $21,157. Between 2023 and 2024, the average net price of Welch College grew by 10.1%.

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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

$8,183
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Welch College was of $8,183 in 2024. The cost of room and board increased by 8.6% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies increased by 20% during the same period.

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Financial Aid by Income Level

93%
Undergraduates Receiving Financial Aid through Grants
53%
Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Welch College received financial aid through grants or loans in 2024. This represents a growth of 13.4% with respect to 2023, when 82% of undergraduate students received financial aid.

This chart compares the average award discount at Welch 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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Enrollment

Welch College had a total enrollment of 389 students in 2024. The full-time enrollment at Welch College is 179 students and the part-time enrollment is 210. This means that 46% of students enrolled at Welch College are enrolled full-time.

The enrolled student population at Welch College, both undergraduate and graduate, is 76.6% White, 9% Hispanic or Latino, 3.86% Two or More Races, 3.6% Black or African American, 2.06% Asian, and 0.257% American Indian or Alaska Native.

Students enrolled at Welch College in full-time Undergraduate programs are most commonly White Male (43.3%), followed by White Female (40.2%) and Hispanic or Latino Female (5.03%). Students enrolled in full-time Graduate programs are most commonly White Male (61.5%), followed by White Female (38.5%).

Full-Time vs Part-Time Enrollment

46%
Full-Time Enrollment

The total enrollment at Welch College in 2024, both undergraduate and graduate, is 389 students. The full-time enrollment at Welch College is 179 and the part-time enrollment is 210. This means that 46% of students enrolled at Welch College are enrolled full-time compared with 78.4% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

61%
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 Welch College was 61%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Welch College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. White
    298 enrolled students
  2. Hispanic or Latino
    35 enrolled students
  3. Two or More Races
    15 enrolled students

The enrolled student population at Welch College is 76.6% White, 9% Hispanic or Latino, 3.86% Two or More Races, 3.6% Black or African American, 2.06% Asian, and 0.257% 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 51.9% White, 13.9% Hispanic or Latino, and 12.8% 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, 14 students (3.6%) did not report their race.

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Graduates

In 2024, 5 more women than men received degrees from Welch College. The most common race/ethnicity group of degree recipients at Welch College is white (85 degrees awarded). There were 21.3 times more white recipients than the next closest race/ethnicity group, black or african american (4 degrees).

The most common Bachelor's Degree concentration at Welch College is Biblical Studies (36 degrees awarded), followed by General Business Administration & Management (9 degrees) and General Psychology (7 degrees).

In 2024,  the most specialized majors across all degree types at Welch College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (48 degrees awarded), Parks, Recreation, & Leisure (6 degrees), and English (2 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 Welch College are Elementary & middle school teachers (1,670,415 people), Secondary school teachers (570,733 people), Education administrators (339,087 people), Other managers (260,887 people), and Special education teachers (232,000 people).

The most specialized majors at Welch College in 2024 are Theology (48 degrees awarded), Parks, Recreation, & Leisure (6 degrees), English (2 degrees), Education (12 degrees), and Psychology (7 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 Welch College are Surgeons, Physicians, Nuclear medicine technologists and medical dosimetrists, Gaming services workers, and Nurse anesthetists

The most specialized majors at Welch College are Theology (48 degrees awarded), Parks, Recreation, & Leisure (6 degrees), English (2 degrees), Education (12 degrees), and Psychology (7 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 Welch College are Elementary & secondary schools (3,256,983 people), Colleges, universities & professional schools, including junior colleges (536,697 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (384,557 people), Outpatient care centers (270,438 people), and Individual & family services (196,471 people).

The most specialized majors at Welch College are Theology (48 degrees awarded), Parks, Recreation, & Leisure (6 degrees), English (2 degrees), Education (12 degrees), and Psychology (7 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 Welch College.
Most Common (2024)
  1. General Business Administration & Management
    3 degrees awarded
  2. Biblical Studies
    1 degrees awarded
  3. General Biological Sciences
    1 degrees awarded

In 2024, the most common associates degree concentration at Welch College was General Business Administration & Management with 3 degrees awarded.

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

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Sex Breakdown for Common Majors

44
Degrees Awarded to Men
in 2024
49
Degrees Awarded to Women
in 2024

In 2024, 44 degrees were awarded to men at Welch College, which is 0.898 times less than the number of degrees awarded to females (49).

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

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Most Common Male Majors

In 2024, 18 degrees were awarded to men at Welch College in Biblical Studies, which is 0.9 times less than the 20 female recipients with that same degree.

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Most Common Female Majors

In 2024, 20 degrees were awarded to men at Welch College in Biblical Studies, which is 1.11 times more than the 18 male recipients with that same degree.

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Time to Complete

47%
100% Completion Time
51%
150% Completion Time

In 2024, 47% of students graduating from Welch College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 51% 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
    85 degrees awarded
  2. Black or African American
    4 degrees awarded
  3. Hispanic or Latino
    2 degrees awarded

The most common race/ethnicity at Welch College is white (85 degrees awarded). There were 21.3 times more white recipients than the next closest race/ethnicity group, black or african american (4 degrees).

1.08% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Female
    46 degrees awarded
  2. White Male
    39 degrees awarded
  3. Black or African American Male
    4 degrees awarded

The most common race/ethnicity and sex grouping at Welch College is white female (46 degrees awarded). There were 1.18 times more white female recipients than the next closest race/ethnicity group, white male (39 degrees).

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Operations

Welch College has an endowment valued at nearly $4.57M, as of the end of the 2024 fiscal year. The return on its endowment was of 263k (5.75%) compared to the 8.99% average return (4.98M on 55.4M) across all Baccalaureate Colleges.

In 2024, Welch College had a total salary expenditure of 7.63M. Welch College employs 9 Instructors, 6 Professors and 3 Associate professors. Most academics at Welch College are Male Instructor (8), Female Professor (3), and Male Professor (3).

The most common positions for non-instructional staff at Welch College are: Business and Financial Operations, with 10 employees, Office and Administrative Support, with 8 employees, and Management with 8 employees.

Endowment

$4.57M
2024 Endowment
5.27%
growth from 2023

Welch College has an endowment valued at about $4.57M, as of the end of the 2024 fiscal year. The endowment of Welch College grew 5.27% from the previous year. The value of their endowment was $50.9M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Welch 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: Diverse Fields Carnegie Classification grouping.

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Salary Expenditure

$2.48M
2024 Salaries
0%
growth from 2023

In 2024, Welch College paid a median of $2.48M in salaries, which represents 32.5% of their overall expenditure ($7.63M) and a 0% growth from the previous year.

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Instructional Salaries

$970k
Instructional Salaries
21
Number of Employees

In 2024, Welch College paid a total of $970k to 21 employees working as instructors, which represents 39.2% of all salaries paid.

This is compared to a median of $556k (3.18%) for similar Baccalaureate Colleges.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at Welch College were Business and Financial Operations with 10 employees, Office and Administrative Support with 8 employees, and Management with 8 employees.

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