2023 Comprehensive Report on Rankings, Costs, Graduation Rate and More
$23,779
Net Price
89%
Admitted
21%
Enrolled
44%
Graduation Rate
15/1
Student / Faculty
University Detail
Olivet College
is a private not-for-profit, four or more years institution with a total student enrollment of 885. In 2021, there were 20 psychology and social work graduates.
Psychology Degrees Offered
Bachelor
Psychology Graduates
20
Total Enrollment
885
Type
Private Not-for-profit, Four or more years
Institution Accreditation
Higher Learning Commission
Psychology Programs Offered
For psychology degrees, Olivet College offers Counseling and Applied Psychology, General Psychology and Sport Psychology at the bachelor level.
In the table below, see the programs offered and the number of graduates in each program.
Psychology Graduates in 2021 | BS |
Counseling and Applied Psychology | 1 |
General Psychology | 18 |
Sport Psychology | 1 |
Total Graduates | 20 |
Admission, Enrollment, Graduation
In the fall of 2021, 1,200 students applied to the Olivet College. The university admitted 89% and 21% of those who were admitted also enrolled.
By comparison, the average number of applicants for Michigan universities is 8,599. On average, all Michigan institutions admit 75% and 24% of those who were admitted end up enrolling into the institution.
The percentage of Olivet College students who return after their first year to begin their second year is 56%. Compared to all Michigan four or more years colleges, the percentage is 72%.
The overall graduation rate for Olivet College is 44%, compared to 57% for all Michigan universities, while the number of students who transferred out of the program is 46%.
Compare OC to Michigan Four or more years Colleges
Offering Psychology Degrees
Compare admission, acceptance, retention and graduation rates of Olivet College to the average of all Michigan four or more years schools that offer psychology degrees.
Why it Matters
Compare Admission and Enrollment
Low admission rates and high enrollment rates denote not only how selective a school is, but also how in-demand the school is. High graduation rates show the overall success of an institution.
OC
1,200
Applicants
89%
Percent Admitted
21%
Percent Enrolled
56%
1st Time Student Retention Rate
44%
Graduation Rate
MI Colleges
8,599
Applicants
75%
Percent Admitted
24%
Percent Enrolled
72%
1st Time Student Retention Rate
57%
Graduation Rate
Student & Faculty Information
In the fall of 2021, there were 47 or 58% full-time instructional or research faculty members of all faculty and there were 34 or 42% part-time faculty members employed at Olivet College. The number of full-time instructional faculty was 47 or 58%.
Part-time teachers are paid less and cost less, so any organization with a disproportionate number of part-time teachers can invest money in more important areas. However, as part-time teachers, participants can work full-time in their profession and bring experience to the classroom.
Why it Matters
Compare Faculty Numbers
Low student faculty ratios and high full-time instructional percentages indicate that institutions focus their investments in areas that matter most to students.
OC
15 / 1
Student Faculty Ratio
58%
Percent Full-Time
42%
Percent Part-Time
58%
Percent Full-Time Instructional
MI Colleges
14 / 1
Student Faculty Ratio
51%
Percent Full-Time
49%
Percent Part-Time
49%
Percent Full-Time Instructional
Tuition and Student Expenses
For the 2021-2022 academic year at Olivet College the average cost of undergraduate tuition is $30,032, and the average cost for books and supplies is $1,200.
For graduate students, the average cost for tuition is $0 and the average cost for graduate fees is $0.
In the table below, find the average total expenses to attend Olivet College in 2021-2022 including tuition, room, board and living expenses for both undergraduate and graduate students.
Note that the average total expenses do not include financial aid, grants, loans or scholarships. You can find the average financial aid and net price data in the sections below.
Expenses for Olivet College | 2021-2022 |
On Campus Room & Board | $10,838 |
On-Campus Living Expenses | $2,766 |
Total Living Expenses | $13,604 |
Tuition for In-State, Undergraduate | $30,032 |
Books and Supplies, Undergraduate | $1,200 |
Total Undergraduate Expenses | $44,836 |
In-State, Graduate Tuition | $0 |
In-State, Graduate Fees | $0 |
Total Graduate Expenses | $0 |
Net Price
Average Net Price
The average net price to attend Olivet College is $23,779. Average net price is calculated by adding tuition, room, board, living costs, books, supplies together and then subtracting the average financial (grants, scholarships and loans) for federal financial aid recipients.
In other words, the average net price is the average amount students pay to attend this university for one year.
Average net price is calculated from the most recent data supplied by each institution to the US Department of Education and is found by subtracting the average amount of federal, state/local government, or institutional grant or scholarship aid from the total cost of attendance. The total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies, and the weighted average for room and board and other expenses.
Compare Olivet College to all Michigan universitas that offer psychology degrees for the cost to attend, average financial aid, percent of students receiving aid and the average net price to attend.
For program ranking, we see a lower overall cost of tuition and cost of living expenses minus the average financial aid a student may receive as the ranking factor student may want to consider.
Why it Matters
Compare Average Cost to Attend and Net Price
Low student faculty ratios and high full-time instructional professors indicates to us institutions that focus their investments in areas that matter most: the education of students by the best instructors possible.
OC
$44,836
Cost to Attend
$22,220
Average Financial Aid
100%
Percent Receiving Aid
$23,779
Net Price
MI Colleges
$33,439
Cost to Attend
$12,508
Average Financial Aid
94%
Percent Receiving Aid
$16,125
Average Net Price
Financial Aid
The number of beginning students who enter postsecondary education for the first time and receive financial aid is 289 or 100%.
The number of undergraduate students who receive a grant or scholarship is 960 and the average amount of their grant or scholarship is $22,220.
All Undergraduate Students
Type of Aid | # Receiving Aid | Average Aid Received |
---|---|---|
Grant or Scholarship Aid | 960 | $22,220 |
Pell Grants | 455 | $4,960 |
Federal Student Loans | 791 | $6,300 |
Below, compare the financial aid students receive at the Olivet College to all schools across the United States that offer psychology degrees.
We see higher percentages of those receiving aid and the percent that aid covers the net price of education as an indicator of the strength of the institution.
Why it Matters
Compare Financial Aid
Financial Aid can make the difference between being able to afford college or being priced out of college. Many students may find college far more affordable than they could imagine, when accounting for the various kinds of financial aid available.
OC
960
Grant or Scholarship Aid
44%
Grants or Scholarships
455
Number of Pell Grants
21%
Pell Grants
791
Federal Student Loans
36%
Federal Student Loans
MI Colleges
4,643
Grant or Scholarship Aid
52%
Grants or Scholarships
1,877
Number of Pell Grants
21%
Pell Grants
2,430
Federal Student Loans
27%
Federal Student Loans
See Additional Psychology Schools for Michigan.