Student Financial Status and Debt Report August 2014

Compiled by the Office of Institutional Research and Assessment Student Financial Status and Debt Highlights

Percent of First-Year Students Whose Expected Family Contribution to Educational Costs is Zero ($0) 100 $22,357

57% 60% 57% 50% 50% 50 Median Family Income 0 (2013 First-Year Students) 2012 2013 2014 2015 2016 Entering Fall Term (First-Year Students)

Federal Berea Kentucky Colleges National Pell Grant Recipients: Domestic 98% 45% 45% 43% First-Year Students Private 4-Year Public 4-year 4-Year Institutions (N = 22) (N = 8) (N = 1,948) Debt Average Debt of B o r r o wers 2013-14 Berea Graduates (According to P r o j e c t o n S t u d e n t D e b t )

100% (2012 Graduates) 80 Percent with Zero Debt

Berea $7,224 45% $1,602 35% 37% 40 Kentucky $22,384 18% Median Debt for 15% All Graduates

0% National $29,400 All (NA l=l 335) African OItnheter rnatioInntearl- (N = 29N)on- (NA =f r3ic3a5)n AAmmeerriiccan (ND =o m56es)tic Nnoant-ioTnralditiTornadailt i(onn a=l 55) (N = 56) (N = 250) (N = 29) (N = 55) Other Domestic (N = 250) 0 10000 20000 30000

Office of Institutional Research and Assessment Selected Highlights: Student Financial Compendium Report, August 2014

Expected Family Contribution (EFC) Percent of Fall 2013 First-Year Students with an EFC of Zero Dollars What percent of all degree-seeking 100% 100% non-traditional students have an EFC of 100% 90% zero?

80% 68% 70% 61% Over the last 10 years (2004 through 55% 60% 2013), 74% to 91% of non-trads had an 50% EFC of zero. 40% 30% 20% Of domestic students, single parents 10% 0% have the lowest average EFC. All African Other International All Non- (N = 397) Americans Domestic (N = 28) Traditional (N = 78) (N = 291) (N = 6)

Labor Earnings

First-year students earn an average of $1,390 (10-year average) during Fall and Spring terms.

Family Income Federal Pell Grant Recipients

Average 10-Year Median Percent of Fall 2011 First-Year $35,000 $32,507 Students who received a Pell Grant

$29,043 For non-trads, $30,000 $26,836 98% the Fall 2013 100% Monmouth College $25,000 median was an all-time low of 80% was the next $20,000 $4,015 highest at 48% 60% $15,000 40% $10,000 $7,829 24% 20% $5,000

$0 0% Berea Average of Benchmark All African Other All Non- Schools American Domestic Traditional

NOTE: All monies are reported in 2013 constant dollars which accounts for inflation.

Compiled by the Office of Institutional Research and Assessment Selected Highlights: Student Financial Compendium Report, August 2014

Debt Percent of 2013-14 Graduates with Zero Debt 100% 90% 80% 70% Married with 60% child(ren) has 45% the highest 50% 35% 37% average debt of 40% $12,504 25% 30% 18% 15% 14% 20% 8% 10% 0% 0% All African Other International All Non- Single Parent Married with Married; no Age 24 or older (N = 335) American Domestic (N = 29) Traditional (N = 13) child(ren) child(ren) (N = 22) (N = 56) (N = 250) (N = 55) (N = 4) (N = 16) Non-Traditional Categories

How does the debt of Berea graduates compare?

According to the Project on Student Debt (November 2013), for 2012 graduates:

Average Debt of Borrowers and Percent of Graduates with Zero Debt $35,000 100% $29,400 90% $30,000 80% $25,000 $22,384 70% 60% $20,000 50% $15,000 38% 40% 29% 30% $10,000 $7,224 20% $5,000 28% 10% $0 0% National Graduates Kentucky Graduates Berea Graduates

Average Debt of Borrowers Percent of graduates with zero debt

NOTE: All monies are reported in 2013 constant dollars which accounts for inflation.

Compiled by the Office of Institutional Research and Assessment Student Financial Compendium Report, August 2014 Relevant Definitions and Table of Contents

I. Relevant Definitions

Direct Subsidized loans – Need-based loans which are awarded to students for a variety of reasons: term bills, books, off-campus living expenses, education abroad, etc.

Direct Unsubsidized loans – Non-need-based loans which are primarily used to replace Expected Family Contribution (EFC) for term bill balances and education abroad opportunities

Expected Family Contribution (EFC): A number that is used to determine a student’s eligibility for federal student aid. This number results from the financial information the student provides on his or her Free Application for Federal Student Aid (FAFSA). The EFC is reported on the Student Aid Report (SAR). Financial aid administrators determine an applicant’s need for federal student aid from the U.S. Department of Education and other sources of assistance by subtracting the EFC from the student’s cost of attendance.

Federal grants (grants/educational assistance funds) - Grants provided by federal agencies such as the U.S. Department of Education, including Title IV Pell Grants and Supplemental Educational Opportunity Grants (SEOG). Also includes need-based and merit-based educational assistance funds and training vouchers provided from other federal agencies and/or federally- sponsored educational benefits programs, including the Veteran's Administration, Department of Labor, and other federal agencies.

Federal loans – Include subsidized Stafford and unsubsidized, Perkins, and Parents PLUS loans awarded primarily for term bill balances and education abroad opportunities.

Institutional grants - Scholarships and fellowships granted and funded by the institution and/or individual departments within the institution, (i.e., instruction, research, public service) that may contribute indirectly to the enhancement of these programs . Includes scholarships targeted to certain individuals (e.g., based on state of residence, major field of study, athletic team participation) for which the institution designates the recipient.

Institutional loans – Includes all Berea College student loans. These loans are used for a variety of reasons: term bills, medical/dental/optical expenses, education abroad, etc.

Mean: The average of a set of numbers. To calculate the mean, add up all the numbers in the set and then divide by how many numbers there are.

*Based on students who identified themselves as “Black or African American” alone or in combination with another race. **A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

NOTES: 1. All data are in 2013 Constant dollars (unless otherwise noted) and are based on “Inflation Conversion Factors for Years 1774 to estimated 2020.” These factors were revised 4/3/2014 and can be found online at: http://oregonstate.edu/cla/polisci/download-conversion-factors 2. Loans (debt) is cumulative loans.

Student Financial Compendium Report, August 2014 Relevant Definitions and Table of Contents

I. Relevant Definitions, continued:

Median: The mid-point in a group of numbers. The median can, in fact, be zero if half or more of the “scores” in the distribution are zeros. This occurs in the case of Expected Family Contribution.

Need-based loans – Includes Federal Direct Subsidized, Perkins, and all institutional loans awarded to students for a variety of reasons: term bills, medical/dental/optical expenses, education abroad, etc.

Non-need-based loans – Includes Federal Direct Unsubsidized, Parent PLUS, and alternative student loans. These loans are used primarily to replace Expected Family Contribution (EFC) for term bill balances and education abroad opportunities.

Other loans – Other loans (not subsidized Stafford or unsubsidized) are used for needy students to help meet basic expenses such as medical/dental/optical expenses and education abroad opportunities.

Pell Grant program (Higher Education Act of 1965, Title IV, Part A, Subpart I, as amended.) Provides grant assistance to eligible undergraduate postsecondary students with demonstrated financial need to help meet education expenses.

State and local government grants - State and local monies awarded to the institution under state and local student aid programs, including the state portion of State Student Incentives Grants (SSIG).

Student Financial Compendium Report, August 2014 Relevant Definitions and Table of Contents

II. First-Year Students

a. Average Expected Family Contribution (EFC) (in actual dollars) All First-Year Students ...... 1 All African-American* First-Year Students ...... 2 All Other Domestic First-Year Students ...... 3 All Non-Traditional** Domestic First-Year Students ...... 4 b. Average Expected Family Contribution (EFC) (in 2013 Constant dollars) All First-Year Students ...... 5 All African-American* First-Year Students ...... 6 All Other Domestic First-Year Students ...... 7 All Non-Traditional** Domestic First-Year Students ...... 8 c. Percent of First-Year Students with an EFC of $0 All First-Year Students ...... 9 African American* First-Year Students Compared to All Other Domestic First-Year Students ...... 10 All Non-Traditional** Domestic First-Year Students ...... 11 d. Average Family Income (in 2013 Constant dollars) All First-Year Students ...... 12 All African-American* First-Year Students ...... 13 All Other Domestic First-Year Students ...... 14 e. Median Family Income (in 2013 Constant dollars): African American* Students compared to All Other Domestic First-Year Students ...... 15 f. Average Family Income (in 2013 Constant dollars) All Non-Traditional** Domestic First-Year Students ...... 16 g. All First-Year Students: Percent of who Borrowed Money by Loan Type ...... 17 Average Direct Subsidized Loan Amount/Percent who Received Loan ...... 18 Average Direct Unsubsidized Loan Amount and Percent who Received Loan 19 Average Other Loan Amount and Percent who Received Loan ...... 20

Student Financial Compendium Report, August 2014 Relevant Definitions and Table of Contents

II. First-Year Students, continued:

h. All Non-Traditional** Domestic First-Year Students: Percent of who Borrowed Money by Loan Type ...... 21 Average Loan Amount of Borrowers and Percent who Received Any Loan ... 22 Average Direct Subsidized Loan Amount/Percent who Received Loan ...... 23 Average Direct Unsubsidized Loan Amount and Percent who Received Loan 24 Average Other Loan Amount and Percent who Received Loan ...... 25 i. Average Labor Earnings (in 2013 Constant dollars) ...... 26 j. Percent of Domestic First-Year Students who Received Pell Grant...... 27 Berea College Frame of Reference Institutions’ Comparisons k. Percent of Fall 2011 First-Year Students who Received Grant Aid by Type ...... 28 l. Distribution of Grant Aid Received by Fall 2011 First-Year Students ...... 29 m. Average Amount of Student Loans Given to Fall 2011 First-Year Students and Percent of Students that Received a Loan...... 30 n. Average Amount of Pell Grants Received by Fall 2011 First-Year Students and Percent of Students that Received the Pell Grant...... 31

Student Financial Compendium Report, August 2014 Relevant Definitions and Table of Contents

III. Degree-Seeking Fall Enrollment

a. Average Expected Family Contribution (EFC) (in actual dollars) All Degree-Seeking Students ...... 32 All Non-Traditional** Domestic Degree-Seeking Students...... 33 b. Average Expected Family Contribution (EFC) (in 2013 Constant dollars) All Degree-Seeking Students ...... 34 All Non-Traditional** Domestic Degree-Seeking Students...... 35 c. Average Expected Family Contribution (EFC) (in actual and 2013 Constant dollars) Non-Traditional** Domestic Degree-Seeking Students by Categories Single Parent ...... 36 Married with child(ren) ...... 36 Married; no child(ren) ...... 36 24 years or older...... 36 d. Percent of Degree-Seeking Fall Enrollment with an EFC of $0 All Degree-Seeking Students ...... 37 African American* Students Compared to All Other Domestic Students ...... 38 All Non-Traditional** Domestic Degree-Seeking Students...... 39 By Non-Traditional Categories Single Parent ...... 40 Married with child(ren) ...... 40 Married; no child(ren) ...... 40 24 years or older ...... 40 e. Average Family Income (in 2013 Constant dollars) All Degree-Seeking Students ...... 41 All Non-Traditional** Domestic Degree-Seeking Students...... 42 f. All Degree-Seeking Students: Percent who Borrowed Money by Loan Type ...... 43 Average Direct Subsidized Loan Amount and Percent who Received Loan ... 44 Average Direct Unsubsidized Loan Amount and Percent who Received Loan 45 Average Other Loan Amount and Percent who Received Loan ...... 46 Mean Debt of Borrowers by Classification ...... 47

Student Financial Compendium Report, August 2014 Relevant Definitions and Table of Contents

III. Degree-Seeking Fall Enrollment, continued:

g. All Non-Traditional** Domestic Degree-Seeking Students: Percent who Borrowed Money by Loan Type ...... 48 Average Loan Amount of Borrowers and Percent who Received Any Loan ... 49 Average Direct Subsidized Loan Amount and Percent who Received Loan ... 50 Average Direct Unsubsidized Loan Amount and Percent who Received Loan 51 Average Other Loan Amount and Percent who Received Loan ...... 52 h. Non-Traditional** Domestic Degree-Seeking Students by Categories Percent who Borrowed Any Money (Single Parent, Married with child(ren), Married; no child(ren) 24 years or older ...... 53 Single Parent Percent who Borrowed Money by Loan Type ...... 54 Average Loan Amount of Borrowers and Percent who Received Any Loan ... 55 Average Direct Subsidized Loan Amount and Percent who Received Loan ... 56 Average Direct Unsubsidized Loan Amount and Percent who Received Loan 57 Average Other Loan Amount and Percent who Received Loan ...... 58 Married with child(ren) Percent who Borrowed Money by Loan Type ...... 59 Average Loan Amount of Borrowers and Percent who Received Any Loan ... 60 Average Direct Subsidized Loan Amount and Percent who Received Loan ... 61 Average Direct Unsubsidized Loan Amount and Percent who Received Loan 62 Average Other Loan Amount and Percent who Received Loan ...... 63 Married; no child(ren) Percent who Borrowed Money by Loan Type ...... 64 Average Loan Amount of Borrowers and Percent who Received Any Loan ... 65 Average Direct Subsidized Loan Amount and Percent who Received Loan ... 66 Average Direct Unsubsidized Loan Amount and Percent who Received Loan 67 Average Other Loan Amount and Percent who Received Loan ...... 68

Student Financial Compendium Report, August 2014 Relevant Definitions and Table of Contents

III. Degree-Seeking Fall Enrollment, continued:

24 years or older Percent who Borrowed Money by Loan Type ...... 69 Average Loan Amount of Borrowers and Percent who Received Any Loan ... 70 Average Direct Subsidized Loan Amount and Percent who Received Loan ... 71 Average Direct Unsubsidized Loan Amount and Percent who Received Loan 72 Average Other Loan Amount and Percent who Received Loan ...... 73 i. Average Labor Earnings (in 2013 Constant dollars) and Average Hours Worked per Week ...... 74 j. Average Pell Grant Award (in 2013 Constant dollars) and Percentage Receiving Pell Grants ...... 75

Student Financial Compendium Report, August 2014 Relevant Definitions and Table of Contents

IV. Graduates

a. Average Expected Family Contribution (EFC) (in actual dollars) [Based on Entering Data] ...... 76 b. Average Expected Family Contribution (EFC) (in 2013 Constant dollars) [Based on Entering Data] ...... 77 c. Average Family Income (in 2013 Constant dollars) [Based on Entering Data] ..... 78

State-by-State Comparisons and Kentucky Institution-Specific Comparisons from “The Project on Student Debt,” November 2011 d. Percent of 2012 Graduates with Zero Debt by State ...... 79 e. Average Debt of 2012 Graduates with Loans by State ...... 80 f. Percent of 2012 Graduates with Zero Debt by Kentucky Institutions ...... 81 g. Average Debt of 2012 Graduates with Loans by Kentucky Institutions ...... 82

h. Percentage of Graduates and Their Families with Zero Educational Debt (no loans)  All Graduates ...... 83  Domestic Graduates vs. International Graduates ...... 84  Non-Traditional Domestic Graduates ...... 85 i. Distribution of Graduate Debt and Average Debt (in 2013 Constant dollars) Academic Years: 2009-10, 2010-11, 2011-12, 2012-13, and 2013-14 ...... 86 j. Distribution of Graduate Debt and Average Debt of Borrowers; Domestic vs. International Graduates: 2011-12, 2012-13, and 2013-14 ...... 87 k. Distribution of Graduate Debt and Average Debt of Borrowers by Cohort Type, Academic Year: 2013-2014 ...... 88 l. Distribution of Graduate Debt and Average Debt of all Graduates  By Cohort Type by Gender i. Academic Years: 2009-10, 2010-11, 2011-12, 2012-13, and 2013-14 89 ii. Five Years Combined ...... 90  By Current Non-Traditional Status ...... 91

Student Financial Compendium Report, August 2014 Relevant Definitions and Table of Contents

IV. Graduates, continued

m. Average Debt of All Graduates by EFC Categories [Based on Entering Data]  All Graduates ...... 92  By Gender ...... 93  By Cohort Type...... 94 n. Graduates and Their Families: Average Educational Debt  All Graduates i. Based on only those with debt ...... 95 ii. Based on all Graduates...... 96  All Current Non-Traditional Domestic Graduates i. Based on only those with debt ...... 97 ii. Based on all Graduates...... 98 o. Domestic vs. International Graduates: Mean Debt  Based on only those with debt ...... 99  Based on all graduates ...... 100 p. Distribution of Debt by Federal vs. Institutional Loans ...... 101 q. Distribution of Debt by Need-Based vs. Non-Need-Based Loans ...... 102

All First-Year Students: Page 1 Average Expected Family Contribution (EFC) in Actual Dollars

$2,800 Average Ten-Year Mean Mean: $1,422 $2,600 Median Median: $453

$2,400

$2,200

$2,000 $1,852 $1,800 $1,725 $1,743 $1,662 $1,600 $1,552 $1,489

$1,400

$1,200 $1,095 $1,048 $1,079 $1,076 $1,000 $951 $880 $917

$800 $681

$600 $525 $477 $400

$200 $0 $0 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 399) (N = 375) (N = 387) (N = 419) (N = 413) (N = 392) (N = 429) (N = 418) (N = 391) (N = 397) Entering Fall Term

NOTE: Includes international students and assumes they have a family contribution of $0.

Compiled by the Office of Institutional Research and Assessment, August 2014 All African-American* First-Year Students: Page 2 Average Expected Family Contribution (EFC) in Actual Dollars

$2,800 Average Ten-Year Mean Mean: $951 $2,600 Median Median: $209

$2,400

$2,200

$2,000

$1,800

$1,600 $1,393 $1,400 $1,326 $1,221 $1,200 $1,086 $1,064

$1,000 $886 $831 $861 $739 $800 $692 $634 $600 $529

$400 $235 $200 $97 $0 $0 $0 $0 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 85) (N = 74) (N = 71) (N = 74) (N = 63) (N = 81) (N = 70) (N = 94) (N = 78) (N = 78) Entering Fall Term

*Based on students who identified themselves as "Black or African American" alone or in combination with another race.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Other Domestic First-Year Students: Page 3 Average Expected Family Contribution (EFC) in Actual Dollars

$2,800 Average Ten-Year Mean Mean: $1,635 $2,600 Median Median: $740

$2,400

$2,200 $2,153 $1,981 $2,000 $1,898 $1,789 $1,810 $1,800 $1,736

$1,600

$1,410 $1,386 $1,400 $1,294 $1,291 $1,248 $1,238 $1,149 $1,156 $1,200 $1,095

$1,000 $874 $800

$600

$400 $169 $200 $70 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 287) (N = 281) (N = 286) (N = 323) (N = 324) (N = 287) (N = 336) (N = 298) (N = 287) (N = 291) Entering Fall Term

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic First-Year Students: Page 4 Average Expected Family Contribution (EFC) in Actual Dollars

$2,800 Average Ten-Year Mean Mean: $474 $2,600 Median Median: $0 $2,400

$2,200

$2,000

$1,800 $1,726

$1,600

$1,400

$1,200

$1,000

$800 $579 $600 $502 $536 $347 $400 $336 $299 $236 $174 $200 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 14) (N = 13) (N = 6) (N = 14) (N = 11) (N = 12) (N = 15) (N = 13) (N = 13) (N = 6)

Entering Fall Term

*A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

Compiled by the Office of Institutional Research and Assessment, November 2011 All First-Year Students: Page 5 Average Expected Family Contribution (EFC) in 2013 Constant Dollars

$2,800 Average Ten-Year Mean Mean: $1,584 $2,600 Median Median: $524

$2,400 $2,284

$2,200

$1,983 $1,994 $2,000 $1,958

$1,800 $1,680 $1,617 $1,600

$1,400 $1,251 $1,153 $1,200 $1,114 $1,111 $1,085 $1,060 $1,000 $951

$800 $737

$570 $600 $536

$400

$200

$0 $0 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 399) (N = 375) (N = 387) (N = 419) (N = 413) (N = 392) (N = 429) (N = 418) (N = 391) (N = 397) Entering Fall Term

NOTE: Includes international students and assumes they have a family contribution of $0.

Compiled by the Office of Institutional Research and Assessment, August 2014 All African-American* First-Year Students: Page 6 Average Expected Family Contribution in 2013 Constant Dollars

$2,800 Average Ten-Year Mean Mean: $1,061 $2,600 Median Median: $247

$2,400

$2,200

$2,000

$1,800 $1,582 $1,610 $1,600 $1,372 $1,400 $1,339 $1,230 $1,200

$959 $1,000 $902 $853 $891 $800 $749 $677 $600 $529

$400 $280

$200 $109 $0 $0 $0 $0 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 85) (N = 74) (N = 71) (N = 74) (N = 63) (N = 81) (N = 70) (N = 94) (N = 78) (N = 78) Entering Fall Term

*Based on students who identified themselves as "Black or African American" alone or in combination with another race.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Other Domestic First-Year Students: Page 7 Average Expected Family Contribution (EFC) in 2013 Constant Dollars

$2,800 Average Ten-Year Mean Mean: $1,817 $2,569 $2,600 Median Median: $845

$2,400 $2,206 $2,194 $2,226 $2,200

$2,000 $1,959 $1,885

$1,800 $1,683 $1,602 $1,600 $1,402 $1,382 $1,400 $1,248 $1,282 $1,309 $1,185 $1,200 $1,156 $1,078 $1,000

$800

$600

$400 $181 $200 $71 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 287) (N = 281) (N = 286) (N = 323) (N = 324) (N = 287) (N = 336) (N = 298) (N = 287) (N = 291) Entering Fall Term

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic First-Year Students: Page 8 Average Expected Family Contribution (EFC) in 2013 Constant Dollars

$2,800 Average Ten-Year Mean Mean: $520 $2,600 Median Median: $0

$2,400

$2,200

$2,000 $1,868 $1,800

$1,600

$1,400

$1,200

$1,000

$800 $580 $573 $599 $600 $414 $377 $400 $357 $239 $196 $200 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 14) (N = 13) (N = 6) (N = 14) (N = 11) (N = 12) (N = 15) (N = 13) (N = 13) (N = 6) Entering Fall Term *A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

Compiled by the Office of Institutional Research and Assessment, August 2014 All First-Year Students: Page 9 Percent of First-Year Students with an Expected Family Contribution (EFC) of $0 100%

90%

80%

70%

61.0% 60% 56.9% 54.8% 52.7% 53.2%

50% 44.6% 43.3% 40.6% 38.1% 40% 34.8%

30%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 399) (N = 375) (N = 387) (N = 419) (N = 413) (N = 392) (N = 429) (N = 418) (N = 391) (N = 397) Entering Fall Term

NOTE: Includes all international students.

Compiled by the Office of Institutional Research and Assessment, August 2014 African American First-Year Students* compared to All Other Domestic First-Year Students: Page 10 Percent of First-Year Students with an Expected Family Contribution (EFC) of $0 100%

90%

80% 71.4% 70.4% 67.9% 70% 64.9% 60.3% 57.3% 60% 55.6% 55.3% 50.7% 48.6% 47.0% 50% 46.7% 46.7% 45.5%

37.7% 40% 36.4% 34.1% 31.1% 31.9% 28.8% 30%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 African-American Students* 34.1% 46.7% 48.6% 57.3% 55.6% 70.4% 71.4% 64.9% 60.3% 67.9% Other Domestic Students 28.8% 31.1% 31.9% 37.7% 36.4% 46.7% 45.5% 50.7% 47.0% 55.3% African-American Students* N = 85 75 72 75 63 81 70 94 78 78 Other Domestic Students N = 288 283 285 324 324 287 336 298 287 291

Entering Fall Term *Based on students who identified themselves as "Black or African American" alone or in combination with another race.

NOTE: All international students (100%) have an EFC of $0.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic First-Year Students: Page 11 Percent of First-Year Students with an Expected Family Contribution (EFC) of $0

100% 100.0%

90% 83.3% 84.6% 78.6% 76.9% 76.9% 80% 75.0% 72.7% 73.3% 78.6% 70%

60%

50%

40%

30%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 14) (N = 13) (N = 6) (N = 14) (N = 11) (N = 12) (N = 15) (N = 13) (N = 13) (N = 6) Entering Fall Term *A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

Compiled by the Office of Institutional Research and Assessment, August 2014 All First-Year Students: Page 12 Average Family Income in 2013 Constant Dollars

$40,000 Mean Average Ten-Year Median Mean: $30,283 Median: $29,043

$35,000 $33,917 $33,480

$31,695 $32,195 $31,616 $31,858 $31,036 $31,337 $31,275 $31,098 $30,415 $30,609 $30,514 $30,000 $29,589

$27,356 $26,883 $26,279 $25,855 $25,000 $23,890

$22,357

$20,000

$15,000

$10,000

$5,000

$0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 399) (N = 375) (N = 387) (N = 419) (N = 413) (N = 392) (N = 429) (N = 418) (N = 391) (N = 397)

Entering Fall Term

NOTE: Includes international students and assumes they have an income of $0.

Compiled by the Office of Institutional Research and Assessment, August 2014 All African-American* First-Year Students: Page 13 Average Family Income in 2013 Constant Dollars

Average Ten-Year $40,000 Mean Mean: $27,803 Median Median: $26,836 $35,000

$30,776 $30,832 $29,897 $30,001 $29,268 $29,658 $30,000 $28,704 $28,811 $28,618 $28,292 $28,527 $27,791 $26,304 $25,670 $25,529 $25,500 $25,000 $24,206 $23,587 $22,143 $22,269

$20,000

$15,000

$10,000

$5,000

$0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 85) (N = 74) (N = 71) (N = 74) (N = 63) (N = 81) (N = 70) (N = 94) (N = 78) (N = 78) Entering Fall Term

*Based on students who identified themselves as "Black or African American" alone or in combination with another race.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Other Domestic First-Year Students: Page 14 Average Family Income in 2013 Constant Dollars

Mean $40,000 Average Ten-Year Median Mean: $33,121 $36,621 $36,541 $36,038 $36,320 Median: $32,507 $34,858 $34,304 $34,741 $34,218 $35,000 $33,834 $33,764 $33,833 $32,743 $33,024 $32,576

$30,320 $30,215 $29,245 $29,456 $30,000 $28,801

$25,000 $24,832

$20,000

$15,000

$10,000

$5,000

$0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 287) (N = 281) (N = 286) (N = 323) (N = 324) (N = 287) (N = 336) (N = 298) (N = 287) (N = 291) Entering Fall Term

Compiled by the Office of Institutional Research and Assessment, August 2014 African American Students* Compared to All Other Domestic First-Year Students Page 15 Median Family Income in 2013 Constant Dollars

$40,000 African American Students*

$36,621 All Other Domestic Students $36,038 $36,320 $35,000 $34,218 $33,024 $32,743 $32,576 $30,832 $30,001 $29,245 $29,456 $30,000 $28,704 $28,618 $27,791 $28,292

$25,500 $24,832 $25,000 $24,206 $22,269 $22,143

$20,000

$15,000

$10,000

$5,000

$0 African 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 American (N = 74) (N = 71) (N = 74) (N = 63) (N = 81) (N = 70) (N = 78) (N = 78) Students* (N = 85) (N = 94)

All Other (N = 287) (N = 281) (N = 286) (N = 323) (N = 324) (N = 287) (N = 336) (N = 298) (N = 287) (N = 291) Domestic Students Entering Fall Term

*Based on students who identified themselves as "Black or African American" alone or in combination with another race.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic First-Year Students: Page 16 Average Family Income in 2013 Constant Dollars

Average Ten-Year $40,000 Mean Mean: $11,979 Median Median: $7,829 $35,000

$30,000

$25,000

$20,000 $18,067

$16,439 $15,164 $15,000 $13,778 $13,729

$11,894 $11,871 $10,727 $10,881 $10,307 $9,573 $9,152 $10,000 $8,849 $7,635 $6,875 $5,437 $5,620 $4,716 $5,000 $4,015 $3,358

$0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 14) (N = 13) (N = 6) (N = 14) (N = 11) (N = 12) (N = 15) (N = 13) (N = 13) (N = 6) Entering Fall Term *A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

Compiled by the Office of Institutional Research and Assessment, August 2014 Percentage of First-Year Students who Borrowed Money by Loan Type Page 17

50%

40%

30%

21% 20% 20% 20%

16% 16% 15%15% 14% 14% 14% 14% 14% 14% 13% 12% 12% 12% 10% 10% 10% 10% 9% 9% 10% 10% 9% 9% 8%

5% 5% 5%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Subsidized Loans 10% 10% 12% 12% 13% 9% 5% 5% 9% 5% Unsubsidized Loans 16% 14% 16% 14% 15% 10% 9% 12% 9% 10% All Other Loans 14% 21% 20% 20% 15% 14% 14% 14% 8% 10%

NOTE: First-Year Students are placed in each loan category as appropriate, so a student could be counted in more than one category.

Compiled by the Office of Institutional Research and Assessment, August 2014 All First-Year Students: Page 18 Average Direct Subsidized Loan Amount in 2013 Constant Dollars and Percentage of First-Year Students who were Given a Subsidized Loan

$3,000 Mean Average Ten-Year 100% Mean: $1,277 $2,800 Median Median: $953 Percent: 9% 90% $2,600 % Received Subsidized Loan $2,400 80%

$2,200 70% $2,000

$1,800 $1,759 60%

$1,600 $1,547 $1,566 $1,444 $1,467 50% $1,400 $1,301 $1,291 $1,295

$1,200 $1,140 $1,139 40% $1,082 $1,068 $1,029 $1,000 $932 $860 30% $800 $800 $708 $665 $624 $593 $600 20% 13% 12% 12% $400 10% 10% 9% 9% 10% 5% 5% 5% $200

$0 0% Entering 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 41) (N = 37) (N = 45) (N = 51) (N = 55) (N = 34) (N = 22) (N = 20) (N = 36) (N = 21)

NOTE: Direct subsidized loans are need-based loans which are awarded to students for a variety of reasons: terms bills, books, off-campus living expenses, education abroad, etc.

Compiled by the Office of Institutional Research and Assessment, August 2014 All First-Year Students: Page 19 Average Direct Unsubsidized Loan Amount in 2013 Constant Dollars and Percentage of First-Year Students who were Given an Unsubsidized Loan

Mean Average Ten-Year Median Mean: $2,459

% Received Median: $2,347 $2,965 $3,000 Unsubsidized Loan Percent: 12% $2,920 100% $2,800 90% $2,565 $2,600 $2,558 $2,531 $2,509 $2,479 $2,372 $2,370 $2,378 $2,400 $2,400 $2,329 $2,354 $2,346 80% $2,266 $2,289 $2,277 $2,203 $2,227 $2,200 70% $2,000

$1,800 $1,726 60%

$1,600 50% $1,400

$1,200 40%

$1,000 30% $800

$600 16% 16% 20% 14% 14% 15% 12% $400 10% 9% 9% 10% 10% $200

$0 0% Entering 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 64) (N = 53) (N = 61) (N = 60) (N = 61) (N = 38) (N = 38) (N = 50) (N = 36) (N = 38)

NOTE: Direct unsubsidized loans are non-need-based loans which are primarily used to replace family EFC for term bill balances and education abroad opportunities.

Compiled by the Office of Institutional Research and Assessment, August 2014 All First-Year Students: Page 20 Average Other Loan Amount in 2013 Constant Dollars and Percentage of First-Year Students who were Given Other Loans

Mean $3,000 Average Ten-Year 100% Median Mean: $1,058 $2,800 % Received Other Median: $709 Loans Percent: 15% 90% $2,600

$2,400 80%

$2,200 70% $2,000

$1,782 $1,800 60%

$1,600 50% $1,400 $1,322 $1,300 $1,235 $1,200 $1,158 40% $1,064 $963 $1,000 $918 $902 $880 $738 30% $771 $800 $731 $678 $682 $644

$600 $529 $541 20% 21% 20% 20% $422 $413 $400 14% 15% 14% 14% 14% 10% $200 10% 8% $0 0% Entering 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 57) (N = 80) (N = 79) (N = 83) (N = 60) (N = 56) (N = 60) (N = 58) (N = 31) (N = 41)

NOTE: Includes all loans other than Stafford and Unsubsidized loans. These other loans are used for needy students to help meet basic expenses such as medical/dental/optical expenses and education abroad opportunities.

Compiled by the Office of Institutional Research and Assessment, August 2014 Percentage of Non-Traditional* Domestic First-Year Students who Borrowed Money by Loan Type Page 21

100%

90%

80% 73%

70% 67% 67% 64% 62% 60% 60% 54% 53% 50% 50% 50% 45% 46% 43% 42% 40% 33% 33% 31% 31% 31% 30% 29% 23% 21%

20% 17% 17% 15% 13% 9% 10%

0% 0% 0% 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Subsidized Loans 43% 62% 67% 50% 73% 17% 60% 46% 31% 17% Unsubsidized Loans 21% 15% 33% 29% 9% 0% 13% 31% 0% 0% All Other Loans 50% 54% 33% 64% 45% 42% 53% 31% 23% 67%

NOTE: First-Year Non-Traditional Students are placed in each loan category as appropriate, so a student could be counted in more than one category.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic First-Year Students: Page 22 Average Loan Amount of Borrowers in 2013 Constant Dollars and Percentage of Non-Traditional First-Year Students who were Given Any Loan

Average Ten-Year Mean Mean: $3,916 Median $5,400 Median: $3,283 % Received Any Loan 100% $5,130 $5,200 Percent: 66% $5,000 $4,697 83% 90% $4,800 $4,623 $4,614 $4,543 $4,600 $4,409$4,374 80% $4,400 $4,185 80% $4,200 $4,106 $4,058 $4,000 79% $3,800 70% $3,550 $3,600 73% $3,419 $3,403 69% $3,299 $3,313 $3,400 $3,237 $3,200 67% 60% 64% $3,000 62% $2,800 50% $2,600 $2,400 50% $2,200 $2,055 $2,090 40% $2,000 38% $1,800 $1,600 $1,500 30% $1,382 $1,400 $1,200 20% $1,000 $800 $600 10% $400 $200 $0 0% Entering 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 9) (N = 9) (N = 4) (N = 11) (N = 8) (N = 6) (N = 12) (N = 8) (N = 5) (N = 5)

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic First-Year Students: Page 23 Average Direct Subsidized Loan Amount in 2013 Constant Dollars and Percentage of Non-Traditional First-Year Students who were Given a Subsidized Loan

$5,400 Mean Average Ten-Year 100% $5,200 Mean: $2,529 Median $5,000 Median: $2,707 90% $4,800 % Received Subsidized Loan Percent: 46% $4,600 $4,400 80% $4,200 $3,933 $4,000 $3,453 $3,788 $3,800 67% 70% $3,484 $3,600 62% $3,400 $3,237 73% $3,205 $3,118 60% $3,200 $2,698 $3,000 $2,774 $2,800 $2,692 60% $2,503 $2,503 50% $2,600 46% $2,434 43% $2,327 $2,358 $2,400 $2,261 50% $2,114 $2,200 40% $2,000 31% $1,800 $1,579 $1,600 30% $1,400 $1,200 $950 20% $1,000 $950 $800 17% 17% $600 10% $400 $200 $0 0% Entering 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 6) (N = 8) (N = 4) (N = 7) (N = 8) (N = 2) (N = 9) (N = 6) (N = 4) (N = 1) *A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

NOTE: Direct subsidized loans are need-based loans which are awarded to students for a variety of reasons: term bills, books, education abroad, etc.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic First-Year Students: Page 24 Average Direct Unsubsidized Loan Amount in 2013 Constant Dollars and Percentage of Non-Traditional First-Year Students who were Given an Unsubsidized Loan

Average Ten-Year Mean Mean: $2,362 Median

Median: $2,392 % Received Unsubsidized Loan $5,400 Percent: 15% 100% $5,200 $5,000 $4,932 90% $4,800 $4,603 $4,600 $4,299 $4,400 $4,193 $4,193 $4,224 80% $4,200 $4,000 $3,800 $3,704 $3,704 70% $3,600 $3,400 $3,200 60% $3,000 $2,800 $2,607 $2,607 50% $2,600 $2,400 $2,261 $2,311 $2,200 $1,948 $1,948 40% $2,000 33% 31% $1,800 29% $1,600 30% $1,400 21% $1,200 15% 20% $1,000 13% $800 9% $600 10% $400 $200 0% 0% 0% $0 $0 $0 $0 $0 $0 $0 0% Entering 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 3) (N = 2) (N = 2) (N = 4) (N = 1) (N = 0) (N = 2) (N = 4) (N = 0) (N = 0) *A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

NOTE: Direct unsubsidized loans are non-need-based loans which are primarily used to replace family EFC for term bill balances and education abroad opportunities.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic First-Year Students: Page 25 Average Other Loan Amount in 2013 Constant Dollars and Percentage of Non-Traditional First-Year Students who were Given Other Loans

$5,400 Mean Average Ten-Year 100% $5,200 Median Mean: $1,867 $5,000 % Received Other Loans Median: $1,524 $4,800 Percent: 46% 90% $4,600 $4,400 80% $4,200 $4,000 $3,800 70% 64% 67% $3,600 $3,400 $3,200 60% 53% $3,000 $2,792 $2,800 54% $2,509 50% $2,600 $2,550 $2,527 50% $2,375 $2,400 $2,168 $2,200 45% $2,000 40% $2,000 42% $1,800 $1,592 $1,535 $1,542 $1,600 $1,425 33% $1,465 30% $1,400 $1,353 31% $1,400 $1,233 $1,180 $1,142 $1,200 $1,084 $1,084 $954 20% $1,000 $800 23% $600 10% $400 $200 $0 0% Entering 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 7) (N = 7) (N = 2) (N = 9) (N = 5) (N = 5) (N = 8) (N = 4) (N = 3) (N = 4) *A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

NOTE: Includes all loans other than Stafford/unsubsidized. These are used for needy students to help meet basic expenses such as medical expenses and education abroad.

Compiled by the Office of Institutional Research and Assessment, August 2014 All First-Year Students: Page 26 Average Labor Earnings in 2013 Constant Dollars

$2,000 Average Ten-Year Mean Mean: $1,390 Median $1,800 Median: $1,383

$1,600

$1,436 $1,434 $1,446 $1,421 $1,411 $1,421 $1,421 $1,416 $1,435 $1,390 $1,384 $1,405 $1,360 $1,375 $1,372 $1,371 $1,400 $1,324 $1,313 $1,294 $1,303

$1,200

$1,000

$800

$600

$400

$200

$0 2004 2005 2006* 2007 2008 2009 2010 2011 2012 2013 (N = 400) (N = 378) (N = 388) (N = 421) (N = 413) (N = 392) (N = 429) (N = 418) (N = 391) (N = 397) Entering Fall Term *Beginning in Fall 2006, students with a 10-hour-per-week contract were required to work a minimum 150 hours per regular term but are not placed on probation if they work at least 140 hours. Starting in academic year 2010-11, students will be placed on probation for hours < 150.

NOTE: Labor earnings are based only on the regular terms (Fall, Short through 2009, and Spring). It does not include summer earnings.

Compiled by the Office of Institutional Research and Assessment, August 2014 Financial Need of Domestic First-Year Students: Page 27 Percentage of Students who received Federal Pell Grants

98% 99% 98% 98% 100% Ten-Year Average: 91% 95% 87% 86% 85% 86% 90% 81%

80%

70%

60%

50%

40%

30%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Entering Fall Term

Institutionally-derived parental contribution for admission to $3,850 $3,850 $3,850 $4,110 $4,041 $4,616 $4,750 $4,750 $4,750 $4,750 Berea College

NOTE: International students are not included in this chart.

Compiled by: Office of Institutional Research and Assessment, August 2014 Percent of Fall 2011 First-Year Students Page 28 who Received Grant Aid by Type Berea College Frame of Reference Schools

29% 58% Albion College 98% 24% Beloit College 14% 94% 93% Berea College 37% 100% 14% 6% Carleton College 59% 17% 56% Centre College 97% 31% 27% Coe College 100% 10% 2% Colorado College 51% 35% 11% Cornell College 96% 13% 22% Davidson College 58% 22% 5% Denison University 99% 20% 9% DePauw University 96% 27% 14% Earlham College 90% 25% 4% Grinnell College 85% 25% 37% Hope College 92% 22% Kalamazoo College 31% 96% 7% Kenyon College 2% 54% 33% 24% Knox College 100% 24% 17% Lawrence University 96% 18% 6% Macalester College 74% 48% 56% Monmouth College 100% 26% 12% Ohio Wesleyan University 94% 40% 51% Ripon College 95% 19% 25% Sewanee-The University of the… 70% 16% 22% St Lawrence University 91% 21% 9% The College of Wooster 97% 31% 83% Transylvania University 100% 30% 21% Wabash College 94% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Federal Grants State/Local Grants Institutional Grants

NOTE: See the definitions section of the table of contents for a full description of the grants awarded.

Compiled from IPEDS (Integrated Postsecondary Education Data System) Distribution of Grant Aid Received by Fall 2011 First-Year Students Page 29 Berea College Frame of Reference Schools

Albion College 75.3% 5.8% 18.9%

Beloit College 74.3% 10.4% 15.3%

Berea College 62.4% 20.5% 17.1%

Carleton College 71.7% 10.9% 17.4%

Centre College 66.7% 15.8% 17.5%

Coe College 71.0% 12.0% 17.0%

Colorado College 79.4% 5.5% 15.1%

Cornell College 73.1% 11.1% 15.8%

Davidson College 80.4% 8.6% 11.0%

Denison University 78.8% 5.0% 16.2%

DePauw University 68.2% 15.6% 16.2%

Earlham College 73.7% 12.1% 14.1%

Grinnell College 77.8% 9.2% 13.0%

Hope College 61.7% 7.9% 30.4%

Kalamazoo College 72.2% 5.9% 21.9%

Kenyon College 82.2% 4.7% 13.1%

Knox College 66.6% 17.0% 16.4%

Lawrence University 70.3% 11.3% 18.4%

Macalester College 76.0% 9.7% 14.3%

Monmouth College 63.0% 17.9% 19.1%

Ohio Wesleyan University 78.3% 5.0% 16.8%

Ripon College 66.1% 12.1% 21.8%

Sewanee-The University of the South 63.6% 18.4% 17.9%

St Lawrence University 72.7% 8.3% 19.0%

The College of Wooster 78.2% 5.2% 16.7%

Transylvania University 62.8% 18.7% 18.5%

Wabash College 64.1% 20.3% 15.6%

0% 20% 40% 60% 80% 100%

Institutional Grants State/Local Grants Federal Grants

NOTE: See the definitions section of the table of contents for a full description of the grants awarded

Compiled from IPEDS (Integrated Postsecondary Education Data System) Average Amount of Student Loans Given Page 30 to Fall 2011 First-Year Students and Percent of Students that Received a Loan Berea College Frame of Reference Schools

Average Student Loan Percent of Fall 2011 First-Year Students who Received a Loan

$10,000 100%

$9,000 90%

$8,000 80%

$7,000 70%

$6,000 60%

$5,000 50%

$4,000 40%

$3,000 30%

$2,000 20%

$1,000 10%

$0 0% Coe College Knox College Hope College Ripon College Beloit College Berea College Albion College Centre College Cornell College Kenyon College Grinnell College Wabash College Earlham College CarletonCollege Colorado College Davidson College Denison University KalamazooCollege DePauw University Macalester College Monmouth College LawrenceUniversity St LawrenceUniversity Transylvania University The College ofThe College Wooster Ohio Wesleyan University Sewanee-The University of the South

Compiled from IPEDS (Integrated Postsecondary Education Data System) Average Amount of Pell Grants Received Page 31 by Fall 2011 First-Year Students and Percent of Students that Received the Pell Grant Berea College Frame of Reference Schools

Average Pell Grant Received Percent of Fall 2011 First-Year Students who Received a Pell Grant

$5,000 100%

$4,500 90%

$4,000 80%

$3,500 70%

$3,000 60%

$2,500 50%

$2,000 40%

$1,500 30%

$1,000 20%

$500 10%

$0 0% Coe College Knox College Hope College Ripon College Beloit College Berea College Albion College Centre College Cornell College Kenyon College Grinnell College Wabash College Earlham College CarletonCollege Colorado College Davidson College Denison University KalamazooCollege DePauw University Macalester College Monmouth College LawrenceUniversity St LawrenceUniversity Transylvania University The College of Wooster Ohio Wesleyan University Sewanee-The University of the South

Compiled from IPEDS (Integrated Postsecondary Education Data System) All Degree-Seeking Fall Enrollment: Page 32 Average Expected Family Contribution (EFC) in Actual Dollars

$2,800 Average Ten-Year Mean Mean: $1,780 $2,600 Median Median: $243

$2,400

$2,200 $2,096 $2,112 $2,079 $2,029 $1,988 $2,000

$1,800

$1,579 $1,600 $1,519 $1,548 $1,409 $1,438 $1,400

$1,200

$1,000

$800 $744 $649 $600 $436 $400 $360 $240 $200 $0 $0 $0 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 1486) (N = 1519) (N = 1519) (N = 1526) (N = 1488) (N = 1496) (N = 1552) (N = 1613) (N = 1604) (N = 1587)

Fall Term

NOTE: Includes international students and assumes they have a family contribution of $0.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic Degree-Seeking Fall Enrollment: Page 33 Average Expected Family Contribution (EFC) in Actual Dollars

$2,800 Average Ten-Year Mean Mean: $499 $2,600 Median Median: $0

$2,400

$2,200

$2,000

$1,800

$1,600

$1,400

$1,200

$1,000 $827 $800 $741 $624 $600 $502 $505 $500 $443 $482 $400 $228 $200 $140 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 150) (N = 177) (N = 161) (N = 150) (N = 150) (N = 161) (N = 166) (N = 184) (N = 198) (N = 166)

Fall Term *A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Degree-Seeking Fall Enrollment: Page 34 Average Expected Family Contribution (EFC) in 2013 Constant Dollars

$2,800 Average Ten-Year Mean Mean: $1,972 Median $2,600 $2,501 Median: $286 $2,451 $2,442 $2,400 $2,280 $2,250 $2,200

$2,000

$1,800 $1,649 $1,635 $1,570 $1,600 $1,505 $1,438 $1,400

$1,200

$1,000 $917

$774 $800

$600 $504 $404 $400 $260 $200 $0 $0 $0 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 1486) (N = 1519) (N = 1519) (N = 1526) (N = 1488) (N = 1496) (N = 1552) (N = 1613) (N = 1604) (N = 1587)

Fall Term

NOTE: Includes international students and assumes they have a family contribution of $0.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic Degree-Seeking Fall Enrollment: Page 35 Average Expected Family Contribution (EFC) in 2013 Constant Dollars

$2,800 Average Ten-Year Mean Mean: $555 $2,600 Median Median: $0

$2,400

$2,200

$2,000

$1,800

$1,600

$1,400

$1,200

$1,000 $956 $802 $800 $701 $575 $600 $546 $545 $540 $518

$400 $231 $200 $140 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 150) (N = 177) (N = 161) (N = 150) (N = 150) (N = 161) (N = 166) (N = 184) (N = 198) (N = 166)

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Domestic Degree-Seeking Fall Enrollment by Categories Average Expected Family Contribution (EFC) In Actual Dollars In 2013 Constant Dollars

Single Parent Single Parent N Mean Median N Mean Median 2004 38 $2 $0 2004 38 $3 $0 2005 35 $25 $0 2005 35 $30 $0 2006 35 $0 $0 2006 35 $0 $0 2007 35 $105 $0 2007 35 $118 $0 2008 32 $0 $0 2008 32 $0 $0 2009 40 $0 $0 2009 40 $0 $0 2010 31 $20 $0 2010 31 $21 $0 2011 38 $38 $0 2011 38 $39 $0 2012 40 $40 $0 2012 40 $41 $0 2013 38 $38 $0 2013 38 $38 $0

Married with child(ren) Married with child(ren) N Mean Median N Mean Median 2004 19 $915 $6 2004 19 $1,128 $7 2005 27 $497 $0 2005 27 $593 $0 2006 27 $720 $0 2006 27 $832 $0 2007 28 $713 $0 2007 28 $801 $0 2008 37 $704 $0 2008 37 $762 $0 2009 39 $331 $0 2009 39 $359 $0 2010 42 $159 $0 2010 42 $170 $0 2011 35 $519 $0 2011 35 $537 $0 2012 24 $18 $0 2012 24 $18 $0 2013 20 $138 $0 2013 20 $138 $0

Married; no child(ren) Married; no child(ren) N Mean Median N Mean Median 2004 43 $1,024 $0 2004 43 $1,263 $0 2005 57 $1,062 $0 2005 57 $1,267 $0 2006 39 $2,209 $80 2006 39 $2,554 $92 2007 45 $1,337 $0 2007 45 $1,502 $0 2008 44 $1,246 $0 2008 44 $1,348 $0 2009 43 $1,360 $0 2009 43 $1,477 $0 2010 39 $1,493 $0 2010 39 $1,595 $0 2011 23 $1,782 $0 2011 23 $1,845 $0 2012 36 $557 $0 2012 36 $565 $0 2013 38 $399 $0 2013 38 $399 $0

24 years or older 24 years or older N Mean Median N Mean Median 2004 50 $116 $0 2004 50 $143 $0 2005 58 $175 $0 2005 58 $209 $0 2006 60 $453 $0 2006 60 $524 $0 2007 42 $234 $0 2007 42 $263 $0 2008 38 $828 $0 2008 38 $896 $0 2009 39 $242 $0 2009 39 $263 $0 2010 54 $337 $0 2010 54 $360 $0 2011 88 $356 $0 2011 88 $369 $0 2012 98 $243 $0 2012 98 $246 $0 2013 70 $76 $0 2013 70 $76 $0

Compiled by the Office of Institutional Research and Assessment, August 2014 Page 36 All Degree-Seeking Fall Enrollment: Page 37 Percent of Degree-Seeking Fall Enrollment with an Expected Family Contribution (EFC) of $0 100%

90%

80%

70%

60% 55.6% 55.6% 55.3% 54.2% 54.6%

50% 45.0% 43.8% 40.0% 40% 37.4% 35.2%

30%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 1486) (N = 1519) (N = 1519) (N = 1526) (N = 1488) (N = 1496) (N = 1552) (N = 1613) (N = 1604) (N = 1587) Fall Term

NOTE: Includes all international students.

Compiled by the Office of Institutional Research and Assessment, August 2014 African American Students* Compared to All Other Domestic Students: Page 38 Percent of Degree-Seeking Fall Enrollment with an Expected Family Contribution (EFC) of $0 100%

90%

80% 70.7% 67.9% 70% 66.1% 63.0% 60.9% 60% 54.7% 53.3%

48.0% 48.2% 48.4% 48.4% 47.7% 48.4% 50% 44.9% 44.5%

40% 36.4% 37.3% 31.6% 29.5% 30% 27.0%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 African-American Students* 44.9% 44.5% 48.0% 53.3% 54.7% 66.1% 70.7% 67.9% 63.0% 60.9% Other Domestic Students 27.0% 29.5% 31.6% 36.4% 37.3% 48.2% 48.4% 48.4% 47.7% 48.4% African-American Students* N = 272 283 279 274 254 274 266 293 289 294 Other Domestic Students N = 1083 1131 1121 1149 1126 1113 1183 1206 1201 1173

Fall Term *Based on students who identified themselves as "Black or African American" alone or in combination with another race.

NOTE: All international students (100%) have an EFC of $0.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic Degree-Seeking Fall Enrollment: Page 39 Percent of Non-Traditional Degree-Seeking Fall Enrollment with an Expected Family Contribution (EFC) of $0

100% 91.0% 89.4% 90% 84.9% 82.0% 80.0% 81.0% 78.0% 80% 76.7% 74.3% 74.5%

70%

60%

50%

40%

30%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 150) (N = 177) (N = 161) (N = 150) (N = 150) (N = 161) (N = 166) (N = 184) (N = 198) (N = 166) Fall Term *A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Domestic Degree-Seeking Fall Enrollment by Categories: Page 40 Percent of Enrollment with an Expected Family Contribution (EFC) of $0 100%

90%

80%

70%

60% Single Parent Married with child(ren) 50% Married, no child(ren) 24 years or older 40%

30%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Single Parent 97.4% 94.3% 100.0% 97.1% 100.0% 100.0% 96.8% 97.4% 100.0% 100.0% Married with child(ren) 47.4% 70.4% 74.1% 78.6% 78.4% 82.1% 92.9% 85.7% 95.8% 95.0% Married, no child(ren) 53.5% 68.4% 48.7% 62.2% 55.8% 62.8% 66.7% 65.2% 80.6% 73.7% 24 years or older 84.0% 81.0% 76.7% 85.7% 78.9% 84.6% 85.2% 76.1% 86.7% 94.3%

Compiled by the Office of Institutional Research and Assessment, August 2014 All Degree-Seeking Fall Enrollment: Page 41 Average Family Income in 2013 Constant Dollars

$40,000 $39,165 Average Ten-Year Mean Mean: $31,348 $36,472 Median Median: $27,982

$35,000 $33,569 $33,066 $32,514 $31,669 $31,029 $31,294 $30,016 $30,327 $29,939 $29,271 $30,000 $28,433 $27,406 $27,732 $26,860 $26,580

$25,000 $23,624 $22,172 $22,157

$20,000

$15,000

$10,000

$5,000

$0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 1486) (N = 1523) (N = 1519) (N = 1526) (N = 1488) (N = 1496) (N = 1552) (N = 1613) (N = 1604) (N = 1587)

Fall Term

NOTE: Includes international students and assumes they have a family income of $0.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic Degree-Seeking Fall Enrollment: Page 42 Average Family Income in 2013 Constant Dollars

$40,000 Average Ten-Year Mean Mean: $11,585 Median Median: $6,985 $35,000

$30,000

$25,000

$20,000

$15,000 $13,646 $13,906 $13,401 $11,965 $12,508 $12,123 $10,451 $10,041 $9,740 $9,671 $10,000 $8,605 $8,563 $8,548 $8,461 $8,134 $7,021 $6,569 $5,778 $5,000 $3,789 $2,774

$0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 150) (N = 177) (N = 161) (N = 150) (N = 150) (N = 161) (N = 166) (N = 184) (N = 198) (N = 166) Fall Term *A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

Compiled by the Office of Institutional Research and Assessment, August 2014 Percentage of Degree-Seeking Fall Enrollment who Borrowed Money by Loan Type Page 43

50%

44% 43% 42% 42% 41% 40% 40% 38% 36% 35% 36%

33% 33% 33% 31%31% 31% 30% 31% 29% 30% 28% 28%

25%

24% 23% 23% 21% 21% 20% 20% 20% 19%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Subsidized 31% 35% 36% 33% 31% 28% 24% 20% 23% 23% Unsubsidized 31% 31% 30% 29% 28% 25% 21% 19% 21% 20% All Other 40% 41% 42% 44% 43% 42% 38% 36% 33% 33%

NOTE: Degree-Seeking Fall Enrollment Students are placed in each loan category as appropriate, so a student could be counted in more than one category.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Degree-Seeking Fall Enrollment: Page 44 Average Direct Subsidized Loan Amount in 2013 Constant Dollars and Percentage of Fall Enrollment who were Given a Subsidized Loan

$6,000 Mean Average Ten-Year 100% Mean: $3,558 Median Median: $2,260 $5,500 % Received Subsidized Loan Percent: 28% 90%

$5,000 80%

$4,500

$4,023 70% $4,000 $3,862 $3,810 $3,696 $3,624 $3,621 $3,436 60% $3,500 $3,350 $3,177 $2,981 $3,000 $2,784 50%

$2,453 $2,428 $2,500 $2,310 $2,252 $2,260 40% $2,070 $2,130 $1,977 $1,934 $2,000 35% 36% 33% 30% 31% 31% $1,500 28%

24% 23% 23% 20% $1,000 20%

10% $500

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 462) (N = 536) (N = 549) (N = 502) (N = 458) (N = 425) (N = 366) (N = 326) (N = 373) (N = 360)

NOTE: Direct subsidized loans are need-based loans which are awarded to students for a variety of reasons: terms bills, books, off-campus living expenses, education abroad, etc.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Degree-Seeking Fall Enrollment: Page 45 Average Direct Unsubsidized Loan Amount in 2013 Constant Dollars and Percentage of Fall Enrollment who were Given an Unsubsidized Loan

$6,000 Mean Average Ten-Year 100% $5,811 Mean: $4,929 Median $5,673 Median: $3,608 $5,500 % Received Unsubsidized Loan $5,282 Percent: 26% $5,185 90% $5,065 $5,000 $4,760 $4,675 80% $4,602 $4,559 $4,500 $4,182 70% $4,007 $4,000 $3,840 $3,725 $3,675 $3,753 $3,750 $3,464 60% $3,500 $3,237 $3,226

$3,000 $2,899 50%

$2,500 40%

31% 31% 30% $2,000 29% 28% 30% 25% $1,500 21% 19% 21% 20% 20% $1,000

10% $500

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 465) (N = 474) (N = 462) (N = 442) (N = 410) (N = 380) (N = 329) (N = 314) (N = 330) (N = 315)

NOTE: Direct unsubsidized loans are non-need-based loans which are primarily used to replace family EFC for term bill balances and education abroad opportunities.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Degree-Seeking Fall Enrollment: Page 46 Average Other Loan Amount in 2013 Constant Dollars and Percentage of Fall Enrollment who were Given Other Loans

$6,000 Mean Average Ten-Year 100% Median Mean: $2,197 Median: $1,467 $5,500 % Received Other Loan Percent: 39% 90%

$5,000 80%

$4,500 70% $4,000

60% $3,500

$3,000 50% 44% 43% 42% 42% 40% 41% 38% 36% $2,429 $2,500 $2,300 $2,317 $2,225 40% $2,141 $2,173 $2,246 $2,220 $1,966 33% 33% $2,000 $1,955 $1,658 30% $1,590 $1,564 $1,480 $1,443 $1,467 $1,500 $1,348 $1,328 $1,398 $1,389 20% $1,000

10% $500

$0 0% Fall Term 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 594) (N = 623) (N = 639) (N = 669) (N = 646) (N = 629) (N = 592) (N = 577) (N = 528) (N = 520)

Compiled by the Office of Institutional Research and Assessment, August 2014 All Degree-Seeking Fall Enrollment by Classification: Page 47 Mean Debt in 2013 Constant Dollars (Based on only those with debt) The percentages on the bars indicate the percent of students with debt.

55% 2009 $6,233 50% 2010 $6,013 All Students 49% 2011 $4,343 47% 2012 $5,082 46% 2013 $5,457

72% 2009 $8,333 76% 2010 Seniors $8,510 68% 2011 $5,341 (includes graduates) 66% 2012 $6,040 66% 2013 $6,447

73% 2009 $7,564 64% 2010 $6,218 Juniors 61% 2011 $4,263 57% 2012 $5,550 61% 2013 $6,074

54% 2009 $4,490 41% 2010 $3,811 Sophomores 48% 2011 $4,502 48% 2012 $4,677 43% 2013 $4,554

28% 2009 $2,214 27% Freshmen 2010 $2,832 29% $2,732 (not just First-Year Students) 2011 24% 2012 $2,770 19% 2013 $2,419

$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000

Mean Debt of Borrowers

NOTE: Includes international students. Includes all loans (both subsidized and unsubsidized), parent, plus, and institutional loans.

Compiled by the Office of Institutional Research and Assessment, August 2014 Percentage of Non-Traditional* Domestic Degree-Seeking Fall Enrollment Page 48 who Borrowed Money by Loan Type 100%

90%

80% 75%

68% 70% 67% 67% 65% 65% 64% 64% 63% 63% 63% 63% 63% 61% 59% 60% 60% 60% 58% 56% 55%

50% 43% 41% 42%

40% 37% 35% 35% 33% 29% 30% 28% 28%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Subsidized 65% 67% 75% 68% 67% 63% 58% 60% 56% 55% Unsubsidized 41% 42% 43% 37% 35% 35% 33% 28% 29% 28% All Other 65% 59% 64% 61% 64% 63% 63% 63% 60% 63%

NOTE: Degree-Seeking Fall Enrollment Non-Traditional Students are placed in each loan category as appropriate, so a student could be counted in more than one category.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic Degree-Seeking Fall Enrollment: Page 49 Average Loan Amount of Borrowers in 2013 Constant Dollars and Percentage of Non-Traditional Fall Enrollment who were Given a Loan

Mean Average Ten-Year Median $11,452 Mean: $9,876 $11,500 % Received Any Loan 100% Median: $8,006 $11,000 $10,749 $10,760 $10,456 Percent: 80% $10,500 $10,285 $10,334 $10,039 90% $9,363 $10,000 82% $9,395 81% 80% $9,500 78% $8,815 $8,552 $8,813 80% $9,000 83% 86% $8,753 $8,456 $8,500 78% 78% $8,233 77% $8,000 $7,749 70% $7,635 75% $7,500

$7,000 $6,573 60% $6,288 $6,500 $6,112 $6,000 50% $5,500 $5,000 $4,500 40% $4,000 $3,500 30% $3,000 $2,500 20% $2,000 $1,500 $1,000 10% $500 $0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 124) (N = 144) (N = 138) (N = 123) (N = 120) (N = 126) (N = 129) (N = 143) (N = 149) (N = 127) *A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic Degree-Seeking Fall Enrollment: Page 50 Average Direct Subsidized Loan Amount in 2013 Constant Dollars and Percentage of Non-Traditional Fall Enrollment who were Given a Subsidized Loan

Mean $11,500 Average Ten-Year 100% Median Mean: $7,493 $11,000 % Received Subsidized Loan Median: $6,494 $10,500 Percent: 64% 90% $10,000 $9,500 80% $9,000 75% $8,800 $8,348 $8,391 $8,500 $8,205 $8,116 $7,877 $8,000 $7,846 70% $7,552 $7,674 $7,500 $7,309 $7,199 $6,676 67% $7,000 65% 67% 68% $6,720 $6,584 $6,818 63% 56% 60% $6,500 60% 58% $6,000 $5,788 55% $5,500 50% $5,500 $4,941 $4,868 $5,000 $4,658 $4,500 40% $4,000 $3,500 30% $3,000 $2,500 20% $2,000 $1,500 $1,000 10% $500 $0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 97) (N = 119) (N = 121) (N = 102) (N = 100) (N = 102) (N = 97) (N = 111) (N = 111) (N = 92) *A non-traditional domestic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age. NOTE: Direct subsidized loans are need-based loans which are awarded to students for a variety of reasons.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic Degree-Seeking Fall Enrollment: Page 51 Average Direct Unsubsidized Loan Amount in 2013 Constant Dollars and Percentage of Non-Trad Fall Enrollment who were Given an Unsubsidized Loan

$11,500 Mean Average Ten-Year 100% Mean: $3,875 $11,000 Median Median: $3,108 $10,500 % Received Unsubsidized Loan Percent: 35% 90% $10,000 $9,500 80% $9,000 $8,500 $8,000 70% $7,500 $7,000 60% $6,500 $6,000 50% $5,500 43% 41% 42% $5,000 37% 35% 33% 28% 35% 40% $4,500 $4,117 $4,173 $4,217 $4,193 29% $4,095 $3,953 $4,038 $3,786 $4,000 $3,637 $3,616 28% $3,150 $3,512 $3,043 $3,500 $3,332 30% $2,884 $2,983 $2,890 $3,000 $2,727 $2,963 $2,516 $2,500 20% $2,000 $1,500 $1,000 10% $500 $0 0% Fall Term 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 62) (N = 75) (N = 70) (N = 55) (N = 52) (N = 57) (N = 55) (N = 51) (N = 58) (N = 47)

NOTE: Direct unsubsidized loans are non-need-based loans which are primarily used to replace family EFC for term bill balances and education abroad opportunities.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Non-Traditional* Domestic Degree-Seeking Fall Enrollment: Page 52 Average Other Loan Amount in 2013 Constant Dollars and Percentage of Non-Traditional Fall Enrollment who were Given Other Loans

$11,500 Mean Average Ten-Year 100% $11,000 Median Mean: $2,767 $10,500 % Received Other Loan Median: $1,920 Percent: 62% 90% $10,000 $9,500 80% $9,000 $8,500 $8,000 70% 65% 64% 64% 63% $7,500 61% 63% 63% 63% 59% 60% $7,000 60% $6,500 $6,000 50% $5,500 $5,000 $4,500 40% $4,000 $3,381 $3,500 $3,182 30% $3,018 $3,065 $3,000 $2,588 $2,784 $2,880 $2,386 $2,452 $2,429 $2,500 $2,162 $2,224 $2,117 20% $1,908 $1,858 $1,875 $2,000 $1,734 $1,706 $1,539 $1,582 $1,500 $1,000 10% $500 $0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term (N = 97) (N = 105) (N = 103) (N = 92) (N = 96) (N = 101) (N = 104) (N = 116) (N = 119) (N = 104)

NOTE: Includes all loans other than stafford and unsubsidized. There are used for students to help meet basic expenses.

Compiled by the Office of Institutional Research and Assessment, August 2014 Percent of Non-Traditional Domestic Degree-Seeking Fall Enrollment who Borrowed Any Money Page 53

100%

90%

80%

70%

60%

50%

40%

30% Single Parent 20% Married with child(ren) Married, no child(ren) 10% 24 years or older

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Single Parent 86.8% 80.0% 88.6% 85.7% 90.6% 85.0% 80.6% 81.6% 82.5% 89.5% Married with child(ren) 89.5% 92.6% 92.6% 85.7% 78.4% 79.5% 83.3% 82.9% 91.7% 85.0% Married, no child(ren) 79.1% 75.4% 79.5% 75.6% 79.1% 72.1% 76.9% 73.9% 75.0% 63.2% 24 years or older 80.0% 82.8% 85.0% 83.3% 73.7% 76.9% 72.2% 75.0% 68.4% 74.3%

NOTES: A non-traditional doemstic student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. For this report, international students are not included. International students all have an EFC of $0 and complete no paperwork that would verify a non-traditional status other than age.

Students age 24 or older but that meet the status for another category are included in that categoriy (i.e., a 25 year old who is married is included only in the "Married, no child(ren)" category and not in the age category).

Compiled by the Office of Institutional Research and Assesment, August 2014 Percent of Non-Traditional Domestic Degee-Seeking Fall Enrollent Students (Single Parent) Page 54 who Borrowed Money by Loan Type

100%

90% 88%

83% 82% 80% 75% 74% 74% 74% 74% 71% 71% 69% 70% 68% 68% 69% 68% 68% 68% 66% 63% 61% 60%

50%

43% 42%

40% 38% 34% 34% 31% 33% 30% 30% 26% 24%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Subsidized 68.4% 68.6% 82.9% 74.3% 87.5% 75.0% 61.3% 63.2% 67.5% 73.7% Unsubsidized 34.2% 31.4% 42.9% 34.3% 37.5% 30.0% 25.8% 23.7% 32.5% 42.1% All Other 68.4% 65.7% 74.3% 74.3% 68.8% 67.5% 71.0% 71.1% 67.5% 81.6%

NOTE: Students are placed in each loan category as appropriate, so a student could be counted in more than one category.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional (Single Parent) Domestic Degree-Seeking Fall Enrollment: Page 55 Average Loan Amount of Borrowers in 2013 Constant Dollars and Percentage of Students who were Given a Loan

Mean $18,000 100% Median $17,000 91% % Received Any Loan 89% 87% $16,000 86% 85% 90% 80% 89% $15,000 81% 83% 80% $14,000 82%

$13,000 $12,768 $12,200 $12,064 $12,129 70% $11,626 $12,000 $11,450 $11,063 $11,051 $11,000 $10,480 $10,450 60% $9,901 $10,000 $9,433 $9,348 $9,450 $9,065 $9,000 50%

$8,000 $7,559 $7,682 $7,210 $7,347 $6,950 $7,000 40%

$6,000 30% $5,000

$4,000 20% $3,000

$2,000 10% $1,000

$0 0% Fall Term 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional (Single Parent) Domestic Degree-Seeking Fall Enrollment: Page 56 Average Direct Subsidized Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given a Subsidized Loan

$18,000 Mean 100%

$17,000 Median 88% $16,000 % Received Subsidized Loan 90% 83% $15,000 74% 75% 80% $14,000

$13,000 68% 69% 74% 70% $12,000 61% 68% $11,000 63% 60% $9,930 $10,000 $9,765

$9,000 $8,591 $8,577 50% $8,149 $8,187 $8,213 $8,195 $8,083 $8,040 $8,000 $7,484 $7,294 $7,090 $7,052 $7,250 40% $7,000 $6,410 $6,136 $6,000 $4,868 30% $5,000 $4,666 $4,658

$4,000 20% $3,000

$2,000 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

NOTE: Direct subsidized loans are need-based loans which are awarded to students for a variety of reasons: terms bills, books, off-campus living expenses, education abroad, etc.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional (Single Parent) Domestic Degree-Seeking Fall Enrollment: Page 57 Average Direct Unsubsidized Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given an Unsubsidized Loan

$18,000 Mean 100%

$17,000 Median

$16,000 % Received Unsubsidized Loan 90%

$15,000 80% $14,000

$13,000 70% $12,000

$11,000 60% $10,000

$9,000 50% 43% $8,000 38% 40% $7,000 34% 34% 42% 31% $6,000 30% 26% 33% 30% $5,000 $4,325

$4,000 $3,700$3,557 $3,692 $3,284 $3,358 $3,399 24% $2,968 $3,073 $3,043 $3,075 20% $2,684 $2,861 $2,866 $3,000 $2,460 $2,545 $1,965 $2,023 $1,997 $2,000 $1,553 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

NOTE: Direct unsubsidized loans are non-need-based loans which are primarily used to replace family EFC for term bill balances and education abroad opportunities.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional (Single Parent) Domestic Degree-Seeking Fall Enrollment: Page 58 Average Other Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given Other Loans

$18,000 Mean 100%

$17,000 Median

$16,000 % Received Other Loan 90%

$15,000 80% $14,000 74% 74% 82% 71% $13,000 68% 69% 68% 66% 70% $12,000 71% 68% $11,000 60% $10,000

$9,000 50%

$8,000

$7,000 40%

$6,000 30% $5,000 $3,809 $3,856 $4,000 $3,652 $3,623 $3,370 $3,246 $3,464 $2,874 $3,113 20% $2,822 $2,858 $3,043 $3,000 $2,545 $2,430 $2,557 $2,267 $2,509 $2,128$1,952 $2,081 $2,000 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

Compiled by the Office of Institutional Research and Assessment, August 2014 Percent of Non-Traditional Domestic Degee-Seeking Fall Enrollent Students (Married with child(ren)) Page 59 who Borrowed Money by Loan Type

100%

89% 90% 89% 85% 82% 79% 80% 77% 75% 75% 74% 74% 74% 72% 71% 70% 70% 71% 70% 68%

63% 63% 63% 59% 60% 60% 58%

50% 50%

43% 43% 40% 40% 36%

31% 29% 30%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Subsidized 89.5% 85.2% 88.9% 82.1% 70.3% 76.9% 73.8% 74.3% 79.2% 75.0% Unsubsidized 57.9% 70.4% 59.3% 50.0% 43.2% 35.9% 42.9% 31.4% 29.2% 40.0% All Other 63.2% 63.0% 63.0% 75.0% 67.6% 71.8% 73.8% 71.4% 70.8% 60.0%

NOTE: Students are placed in each loan category as appropriate, so a student could be counted in more than one category.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Domestic Degree-Seeking Fall Enrollment (Married with child/ren): Page 60 Average Loan Amount of Borrowers in 2013 Constant Dollars and Percentage of Students who were Given a Loan

$18,000 93% Mean 100% Median $16,839 $17,000 93% % Received Any Loan 89% 92% $16,000 86% 90% $14,596 83% $14,930 $15,002 83% $15,000 $14,564 $14,314 78% 85% 80% $14,000 79% $13,370 $13,508 $13,469

$13,000 $12,442 $12,049 $11,944 $12,064 70% $12,000

$11,000 $10,556 60% $10,186 $9,978 $10,088 $10,000

$8,903 $9,000 $8,600 50%

$8,000 $7,525

$7,000 40%

$6,000 30% $5,000

$4,000 20% $3,000

$2,000 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Degree-Seeking Fall Enrollment (Married with child/ren): Page 61 Average Direct Subsidized Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given a Subsidized Loan

$18,000 Mean 100%

$17,000 89% Median 89% $16,000 85% % Received Subsidized Loan 90% 82% $15,000 77% 80% $14,000 74% 79% 70% $13,000 75% 74% 70% $11,873 $12,000 $11,220 $11,000 60% $10,027 $9,994 $9,788 $9,975 $10,000 $9,571 $9,677 $8,950 $8,686 $9,000 $8,709 50% $8,300 $8,312 $8,013 $8,000 $8,000 $6,936 $7,000 $6,591 40% $6,399 $6,000 $5,789 $4,840 30% $5,000

$4,000 20% $3,000

$2,000 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

NOTE: Direct subsidized loans are need-based loans which are awarded to students for a variety of reasons: terms bills, books, off-campus living expenses, education abroad, etc.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Degree-Seeking Fall Enrollment (Married with child/ren): Page 62 Average Direct Unsubsidized Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given an Unsubsidized Loan

$18,000 Mean 100%

$17,000 Median

$16,000 % Received Unsubsidized Loan 90%

$15,000 80% $14,000 70% $13,000 70% $12,000

58% 59% $11,000 60% $10,000 50% $9,000 50% 43% 43% $8,000 40% 36% 40% $7,000 $6,433 $6,061 $6,038 31% $6,000 29% $4,987 $4,773 $4,778 $4,786 30% $5,000 $4,674 $4,668 $4,736 $4,581 $4,817 $4,144$3,946 $4,057 $4,135 $4,000 $3,780 $3,690 $3,215 20% $3,000 $2,516

$2,000 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

NOTE: Direct unsubsidized loans are non-need-based loans which are primarily used to replace family EFC for term bill balances and education abroad opportunities.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Degree-Seeking Fall Enrollment (Married with child/ren): Page 63 Average Other Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given Other Loans

$18,000 Mean 100% Median $17,000 % Received Other Loan $16,000 90%

$15,000 80% $14,000 75% 74% 72% 71% 71% $13,000 68% 70% $12,000 63% 63% 63% 60% $11,000 60% $10,000

$9,000 50%

$8,000

$7,000 40%

$6,000 30% $5,000 $4,059 $3,832 $3,984 $4,000 $3,197 20% $2,942 $2,870 $3,000 $2,667 $2,656 $2,448 $2,259 $2,249 $1,932 $1,959 $2,000 $1,734 $1,525 $1,515 $1,498 $1,582 $1,390 10% $1,048 $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

Compiled by the Office of Institutional Research and Assessment, August 2014 Percent of Non-Traditional Degee-Seeking Fall Enrollent Students (Married; no child/ren) Page 64 who Borrowed Money by Loan Type

100%

90%

80%

72% 70%

63% 63% 61% 60% 58% 58% 56% 56% 56% 53% 54% 51% 50% 49% 50% 49% 49% 48% 45% 44% 44% 44% 43% 42% 40% 38% 40% 38% 37%

30% 29% 26% 25%

20%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Subsidized 62.8% 61.4% 71.8% 57.8% 55.8% 53.5% 53.8% 47.8% 55.6% 50.0% Unsubsidized 44.2% 42.1% 43.6% 37.8% 37.2% 39.5% 38.5% 26.1% 25.0% 28.9% All Other 55.8% 43.9% 48.7% 48.9% 62.8% 51.2% 48.7% 43.5% 58.3% 44.7%

NOTE: Students are placed in each loan category as appropriate, so a student could be counted in more than one category.

Compiled by the Office of Institutional Research and Assessment, February 2012 Non-Traditional Degree-Seeking Fall Enrollment (Married; no child/ren): Page 65 Average Loan Amount of Borrowers in 2013 Constant Dollars and Percentage of Students who were Given a Loan

$18,000 Mean 100%

$17,000 Median % Received Any Loan $16,000 90%

$15,000 79% 79% 79% 77% 80% $14,000 75% 76% 72% $13,000 75% 74% 70%

$12,000 $11,682

$11,000 63% 60% $10,226 $10,209 $10,096 $10,000 $9,609

$8,897 $9,000 $8,655 $8,670 50% $8,388 $8,051 $8,000 $7,344 $7,268 $7,318 $6,989 $6,920 $7,000 $6,566 40% $6,154 $6,000 $5,136 30% $5,000 $4,677

$4,000 $3,209 20% $3,000

$2,000 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Degree-Seeking Fall Enrollment (Married; no child/ren): Page 66 Average Direct Subsidized Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given a Subsidized Loan

$18,000 Mean 100%

$17,000 Median

$16,000 % Received Subsidized Loan 90%

$15,000 80% $14,000 72% $13,000 70% 63% $12,000 61%

$11,000 58% 56% 60% 53% 54% $10,000 $8,899 $8,970 56% $9,000 $8,766 50% 50% $8,000 $7,703 $7,698$7,600 48% $7,039 $7,211 $7,106 $6,764 40% $7,000 $6,492 $6,101 $6,291 $6,000 $5,556 $5,100 $4,851 30% $5,000 $4,730 $3,939 $4,000 $3,228 $3,106 20% $3,000

$2,000 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

NOTE: Direct subsidized loans are need-based loans which are awarded to students for a variety of reasons: terms bills, books, off-campus living expenses, education abroad, etc.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Degree-Seeking Fall Enrollment (Married; no child/ren): Page 67 Average Direct Unsubsidized Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given an Unsubsidized Loan

$18,000 Mean 100%

$17,000 Median

$16,000 % Received Unsubsidized Loan 90%

$15,000 80% $14,000

$13,000 70% $12,000

$11,000 60% $10,000

$9,000 50% 44% 42% 44% $8,000 40% 38% 38% 37% $7,000 40% $5,972 $6,000 $5,467 $4,957 26% 30% $5,000 $4,423 $4,195 $4,468 29% $4,060 $3,991 $4,000 $3,719 $3,699 $3,596 $3,697 $3,363 $3,257 25% $3,021 $3,035 20% $2,773 $3,000 $2,727 $2,233 $2,014 $2,000 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

NOTE: Direct unsubsidized loans are non-need-based loans which are primarily used to replace family EFC for term bill balances and education abroad opportunities.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Degree-Seeking Fall Enrollment (Married; no child/ren): Page 68 Average Other Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given Other Loans

$18,000 Mean 100%

$17,000 Median

$16,000 % Received Other Loan 90%

$15,000 80% $14,000

$13,000 70% $12,000 63%

$11,000 58% 56% 60% $10,000 51% 49% 49% 49% $9,000 50% 44% $8,000 45% $7,000 43% 40%

$6,000 30% $5,000

$4,000 $3,245 20% $2,936 $3,000 $2,813 $2,638 $2,500 $2,327 $2,330$2,470 $1,996 $1,814 $1,672 $1,701 $1,689 $1,834 $2,000 $1,459 $1,521 $1,153 $1,323 $1,353 10% $953 $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

Compiled by the Office of Institutional Research and Assessment, August 2014 Percent of Non-Traditional Degee-Seeking Fall Enrollent Students (Age 24 or older) Page 69 who Borrowed Money by Loan Type

100%

90%

80%

70% 69% 68% 70% 67% 64% 64% 63% 62% 61% 59% 58% 58% 60% 57% 55% 54% 55%

50% 49% 48% 46% 43%

40% 38% 36% 37% 36%

30% 30% 29% 28% 26%

21% 20% 17%

10%

0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Subsidized 54.0% 63.8% 66.7% 64.3% 57.9% 48.7% 48.1% 56.8% 45.9% 42.9% Unsubsidized 38.0% 36.2% 36.7% 28.6% 21.1% 35.9% 25.9% 28.4% 29.6% 17.1% All Other 70.0% 69.0% 68.3% 54.8% 57.9% 61.5% 59.3% 61.4% 55.1% 62.9%

NOTE: Students are placed in each loan category as appropriate, so a student could be counted in more than one category.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Degree-Seeking Fall Enrollment (Age 24 or older): Page 70 Average Loan Amount of Borrowers in 2013 Constant Dollars and Percentage of Students who were Given a Loan

$18,000 Mean 100%

$17,000 Median % Received Any Loan 90% $16,000 85% 83% 83% $15,000 80% 77% 75% 80% $14,000 74% 72%

$13,000 74% 70% $12,000 68%

$11,000 60% $9,830 $10,000 $9,640 $9,105 $9,131 $9,000 50% $8,030 $8,000 $7,914 $7,572 $7,414 $7,402 $7,334 $7,000 40% $6,246 $6,028 $6,000 $5,765 $5,743 $5,315 $5,564 $5,527 $5,420 30% $5,000 $4,713

$4,000 $3,531 20% $3,000

$2,000 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Degree-Seeking Fall Enrollment (Age 24 or older): Page 71 Average Direct Subsidized Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given a Subsidized Loan

$18,000 Mean 100%

$17,000 Median

$16,000 % Received Subsidized Loan 90%

$15,000 80% $14,000

$13,000 67% 70% 64% $12,000 64% 58% $11,000 57% 60% 54% 49% $10,000 $9,204 $8,811 48% $9,000 $8,720 50% $8,018 $8,000 $7,395 $7,161 46% $7,000 43% 40%

$5,890 $5,711 $6,000 $5,742 $5,633 $5,584 $5,553 $4,922 $5,008 $4,943 30% $5,000 $4,795 $4,235 $4,046 $4,152 $4,000 $3,350 20% $3,000

$2,000 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

NOTE: Direct subsidized loans are need-based loans which are awarded to students for a variety of reasons: terms bills, books, off-campus living expenses, education abroad, etc.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Degree-Seeking Fall Enrollment (Age 24 or older): Page 72 Average Direct Unsubsidized Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given an Unsubsidized Loan

$18,000 Mean 100%

$17,000 Median

$16,000 % Received Unsubsidized Loan 90%

$15,000 80% $14,000

$13,000 70% $12,000

$11,000 60% $10,000

$9,000 50%

$8,000 38% 36% $7,000 36% 37% 40%

$6,000 29% 28% 30% 26% 30% $5,000 $4,425 21% $3,927 $3,677 $3,867 $3,786 $4,000 $3,517 $3,383 $3,521 $3,083 $3,197 $3,394 $3,150 $3,177 $3,325 20% $2,773 $3,000 $2,542 $2,630 $2,516 $1,927 $2,028 17% $2,000 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

NOTE: Direct unsubsidized loans are non-need-based loans which are primarily used to replace family EFC for term bill balances and education abroad opportunities.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Degree-Seeking Fall Enrollment (Age 24 or older): Page 73 Average Other Loan Amount in 2013 Constant Dollars and Percentage of Students who were Given Other Loans

$18,000 Mean 100%

$17,000 Median

$16,000 % Received Other Loan 90%

$15,000 80% $14,000 70% 69% $13,000 68% 70% $12,000 62% 59% $11,000 58% 63% 60% 55% 61% $10,000 55% $9,000 50%

$8,000

$7,000 40%

$6,000 30% $5,000

$4,000 $3,402 $3,402 $3,110 20% $2,817 $2,789 $2,929 $3,000 $2,646$2,425 $2,371 $2,248 $2,166 $1,994 $1,969 $2,103 $2,000 $1,722 $1,578 $1,291 $1,438 $1,496 $1,500 10% $1,000

$0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fall Term

Compiled by the Office of Institutional Research and Assessment, August 2014 All Degree-Seeking Fall Enrollment: Page 74 Average Labor Earnings in 2013 Constant Dollars and Average Hours Worked per Week

Mean Average Ten-Year Median Mean: $1,945 Median: $1,740

12.4 13.2 13.4 13.3 13.3 13.1 12.5 12.6 12.6 n/a $2,200 $2,060 $2,001 $2,005 $2,000 $1,962 $1,969 $1,948 $1,874 $1,895 $1,883 $1,857 $1,831 $1,819 $1,790 $1,753 $1,766 $1,744 $1,800 $1,704 $1,656 $1,679 $1,661 $1,600

$1,400

$1,200

$1,000

$800

$600

$400

$200

$0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 1507) (N = 1514) (N = 1512) (N = 1519) (N = 1496) (N = 1496) (N = 1552) (N = 1613) (N = 1604) (N = 1587) Fall Term

*Beginning in Fall 2006, students with a 10-hour-per-week contract were required to work a minimum 150 hours per regular term but are not placed on probation if they work at least 140 hours. Starting in academic year 2010-11, students will be placed on probation for hours < 150.

NOTE: Labor earnings are based only on the regular terms (Fall, Short through 2009, and Spring). It does not include summer earnings.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Domestic Degree-Seeking Fall Enrollees* Page 75 Average Pell Grant Award in 2013 Dollars and Percentage Receiving Pell Grants Average Ten-Year $6,500 Mean 93% 92% Mean: $4,095 93% 92% Median 90% Median: $4,911 $5,929 $6,000 $5,755 Percent: 88% $5,694 $5,578 $5,595 $5,500 84% 81% 82% 85% 84% $5,079 $5,000 $4,721 $4,525 $4,518 $4,477 $4,505 $4,500 $4,225 $4,046 $3,938 $4,000 $3,822 $3,852 $3,543 $3,500 $3,432 $3,430 $3,395

$3,000

$2,500

$2,000

$1,500

$1,000

$500

$0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (N = 1182) (N = 1151) (N = 1142) (N = 1209) (N = 1161) (N = 1251) (N = 1347) (N = 1396) (N = 1375) (N = 1355)

Fall Term

*International Students are not included in this graph because they are not eligible for federal aid (Pell Grants).

Compiled by the Office of Institutional Research and Assessment, August 2014 All Graduates: Page 76 Average Expected Family Contribution (EFC) in Actual Dollars (Based on Fall Term Entering Student Information - Spring Entrants not included)

$2,800 Average Ten-Year Mean Mean: $1,608 $2,600 Median Median: $647

$2,400

$2,200 $2,018 $2,000 $1,964

$1,800 $1,638 $1,609 $1,543 $1,527 $1,549 $1,600 $1,488 $1,397 $1,346 $1,400 $1,275

$1,200

$955 $1,000 $875

$751 $800 $729 $703 $713

$600 $463 $400

$200 $0 $10 $0 2004 - 2005 2005 - 2006 2006 - 2007 2007 - 2008 2008 - 2009 2009 - 2010 2010 - 2011 2011 - 2012 2012 - 2013 2013 - 2014 (N = 278) (N = 231) (N = 299) (N = 263) (N = 267) (N = 289) (N = 270) (N = 309) (N = 283) (N = 335)

Graduation Year

NOTE: Includes international students and assumes they have a family contribution of $0.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Graduates: Page 77 Average Expected Family Contribution (EFC) in 2013 Constant Dollars (Based on Fall Term Entering Student Information - Spring Entrants not included)

$2,800 Average Ten-Year Mean Mean: $1,776 $2,600 Median Median: $735 $2,422 $2,400 $2,191 $2,200

$2,000 $1,894 $1,841 $1,800 $1,716 $1,719 $1,610 $1,572 $1,604 $1,600 $1,417 $1,400 $1,346

$1,200 $1,140 $983 $1,000 $843 $802 $800 $761 $738

$600 $503

$400

Graduation Year

NOTE: Includes international students and assumes they have a family contribution of $0.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Graduates: Page 78 Average Family Income in 2013 Constant Dollars (Based on Fall Term Entering Student Information - Spring Entrants not included)

$40,000 Average Ten-Year $37,482 Mean Mean: $29,540 $36,260 Median Median: $29,386 $35,000 $33,263

$31,237 $31,106

$29,547 $29,808 $29,750 $29,220 $29,314 $30,000 $29,246 $28,969 $27,981 $27,570 $27,400 $26,922 $27,106 $26,787 $25,611 $24,683 $25,000

$20,000

$15,000

$10,000

$5,000

$0 2004 - 2005 2005 - 2006 2006 - 2007 2007 - 2008 2008 - 2009 2009 - 2010 2010 - 2011 2011 - 2012 2012 - 2013 2013 - 2014 (N = 278) (N = 231) (N = 299) (N = 263) (N = 267) (N = 289) (N = 270) (N = 309) (N = 283) (N = 335)

Graduation Year

NOTE: Includes international students and assumes they have a family income of $0.

Compiled by the Office of Institutional Research and Assessment, August 2014 Percent of 2012 Graduates with Zero Debt Page 79

Nevada 59% Wyoming 53% Louisiana 52% Alaska 51% Utah 50% Florida 49% Colorado 48% California 48% Oklahoma 47% Alabama 47% West Virginia 46% Arizona 46% South Carolina 45% Arkansas 45% Washington 44% Texas 44% District of Columbia 44% Delaware 44% Mississipi 43% Tennessee 42% Maryland 42% North Carolina 41% Kansas 41% Georgia 41% Virginia 40% Oregon 40% New York 40% New Mexico 39% Connecticut 39% Michigan 38% Kentucky 38% Kentucky ranks 30th. Vermont 37% Nebraska 37% Missouri 37% Montana 36% Indiana 36% Illinois 36% New Jersey 35% Idaho 35% Massachusetts 34% Maine 33% Wisconsin 32% Rhode Island 31% Ohio 31% Pennsylvania 30% Minnesota 30% Iowa 29% New Hampshire 26% South Dakota 22% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

NOTE: Data are not available for Hawaii and North Dakota.

Source: The Project on Student Debt, November 2013 Average Debt of 2012 Graduates with Loans by State Page 80

Delaware $33,649 New Hampshire $32,698 Pennsylvania $31,675 Minnesota $31,497 Rhode Island $31,156 Iowa $29,456 Maine $29,352 New Jersey $29,287 Ohio $29,037 Michigan $28,840 Alaska $28,782 Massachusetts $28,460 Vermont $28,299 Wisconsin $28,102 Illinois $28,028 Indiana $27,886 Connecticut $27,816 Montana $27,475 South Carolina $27,416 Mississipi $27,322 Idaho $26,751 Oregon $26,639 Nebraska $26,473 Alabama $26,450 West Virginia $26,227 Maryland $25,951 New York $25,537 South Dakota $25,121 Virginia $25,017 Colorado $24,540 Texas $24,030 North Carolina $23,893 Kansas $23,677 Oklahoma $23,636 Arkansas $23,324 Washington $23,293 Georgia $23,089 Missouri $23,030 Florida $22,873 Louisiana $22,789 Kentucky ranks 40th.. Kentucky $22,384 District of Columbia $22,106 Tennessee $21,775 Utah $21,520 Wyoming $21,241 Nevada $20,568 Arizona $20,299 California $20,269 New Mexico $17,994 $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000

NOTE: Data are not available for Hawaii and North Dakota.

Source: The Project on Student Debt, November 2013 Percent of 2012 Graduates with Zero Debt Page 81 By Kentucky Institutions (Public 4-Year and Private Non-Profit 4-Year)

Kentucky State University 74%

Murray State University 53%

University of Louisville 47%

Western Kentucky University 41%

Morehead State University 33%

Eastern Kentucky University 29%

Northern Kentucky University 27%

Centre College 48%

Campbellsville University 42%

Georgetown College 37%

Transylvania University 34%

Bellarmine College 31%

Berea College 28%

Thomas More College 27%

University of Pikeville 25%

Asbury College 25%

University of the Cumberlands 24%

Lindsey Wilson College 23%

Union College 17%

0% 20% 40% 60% 80% 100%

NOTE: No data are available for Alice Lloyd College, Brescia University, Kentucky Wesleyan University, Mid- Continet University, and University of Kentucky.

Source: The Project on Student Debt, November 2013 Average Debt of 2012 Graduates with Loans for Kentucky Institutions Page 82 (Public 4-Year and Private Non-Profit 4-Year)

Kentucky State University $39,623

Morehead State University $28,768

Eastern Kentucky University $26,150

Western Kentucky University $26,110

Murray State University $20,644

University of Louisville $19,886

Northern Kentucky University $13,432

Thomas More College $32,650

Bellarmine College $28,722

Georgetown College $26,730

Transylvania University $26,604

Asbury College $26,584

Centre College $25,500

University of Pikeville $24,954

Lindsey Wilson College $20,211

University of the Cumberlands $20,090

Union College $18,843

Campbellsville University $10,183

Berea College $7,224

$0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000

NOTE: No data are available for Alice Lloyd College, Brescia University, Kentucky Wesleyan University, Mid- Continent University, and University of Kentucky.

Source: The Project on Student Debt, November 2013 Percentage of All Graduates and Their Families with Zero Educational Debt (No Loans) Page 83

100% Average Ten-Year: 26% According to "The Project on Student Debt,"29% of college 90% students who graduated in 2012 did not have student loan debt. In Kentucky, the percent of 2012 graduates with no debt was 38%.

80%

70%

60%

50%

40% 35% 35%

29% 30% 27% 24% 23% 24% 21% 21% 22% 20%

10%

0% 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 Graduation Year

NOTE: Includes parent loans.

Compiled by the Office of Institutional Research and Assessment, August 2014 Percentage of Graduates and Their Families with Zero Educational Debt (No Loans) Page 84 Domestic Graduates vs. International Graduates

100% Average Ten-Year Domestic Graduates Domestic: 25% International Graduates International: 37% 90%

80%

70%

60%

50% 47% 47% 45%

39% 39% 40% 36% 36% 35% 34%

29% 30% 30% 28% 23% 24% 22% 21% 21% 22% 19% 20% 20%

10%

0% 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 Graduation Year

NOTE: Includes parent loans as well.

Compiled by the Office of Institutional Research and Assessment, August 2014 Percentage of All Non-Traditional* Domestic Graduates Page 85 with Zero Educational Debt (No Loans)

100% Average Six-Year: 18% 90%

80%

70%

60%

50%

40%

30% 25% 20% 20% 20% 15% 15% 15%

10%

0% 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 (N = 53) (N = 49) (N = 46) (N = 47) (N = 67) (N = 55)

Graduation Year/Total Number of Non-Traditional* Domestic Graduates

*A graduate is considered "non-traditional" if at any point at Berea the student was considered a non-traditional student. A non-traditional student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. International students are not included in this report. All international students have an EFC of $0 and complete no paperwork that would verify the non-traditional status other than age.

Compiled by the Office of Institutional Research and Assessment, August 2014 Distribution of Graduate Debt and Average Debt in 2013 Constant Dollars Academic Years 2009-10, 2010-11, 2011-12, 2012-13, and 2013-14 Page 86

2009-10 2010-11 2011-12

8% 22% 24% 27% 25% 29% 16%

5% 8% 18% 16% 11% 28% 27% 36%

5-year Averages

Zero Debt 29.8%

Less than $1,000 8.6% 2012-13 2013-14

$1,000 to $4,999 28.9% 9% 13% $5,000 to $9,999 17.2%

$10,000 and over 15.5% 35% 18% 35% 19% Based on: (Graduates with Debt) (All Graduates)

Mean Median Mean Median

2009-10 $8,515 $5,755 $6,247 $3,279 9% 2010-11 $8,115 $5,887 $6,191 $3,122 29% 10% 24% 2011-12 $5,011 $3,363 $3,568 $2,070 2012-13 $5,478 $3,884 $3,562 $1,590 2013-14 $6,318 $4,834 $4,130 $1,602

Compiled by the Office of Institutional Research and Assessment, August 2014 Distribution of Graduate Debt in 2013 Dollars and Average Debt of Borrowers Page 87

Domestic Graduates International Graduates (Mean: $4,693)

Mean: $6,608 2013-14 Mean: $5,204 2013-14 Median: $2,642 N = 306 Median: $1,738 N = 29

7% 7% 34% 34% 7% 3% 45%

14%

3% 8% 6% 17% 7% 8%

Mean: $5,731 2012-13 Mean: $2,410 2012-13 Median: $4,141 N = 261 Median: $2,257 N = 22

5% 5%

28% 14% 35% 36%

14% 6%

6% 9% 9% 18% 8% 8%

Mean: $5,256 2011-12 Mean: $2,558 2011-12 Median: $3,530 N = 278 Median: $1,760 N = 31

26% 28% Zero Debt 16% 35% Less than $1,000 10% $1,000 to $1,999 6% 10% $2,000 to $2,999 10% 26% 9% $3,000 to $3,999 12% $4,000 to $4,999 $5,000 and over

Compiled by the Office of Institutional Research and Assessment, August 2014

Distribution of Graduate Debt in 2013 Dollars and Average Debt of Borrowers by Cohort Type 2013 - 2014 Page 88

African American Students* All Other Domestic Students F-1 International Students (N = 56) (N = 250) (N = 29) (Mean: $6,076) (Mean: $6,763) (Mean: $2,642) (Median: $5,586) (Median: $5,011) (Median: $1,738)

18% 18% 14% 7%

37% 18% 31% 45% 16% 25%

23% 7% 24% 17%

Zero Debt

Less than $1,000

$1,000 to $4,999

$5,000 to $9,999 *Based on students who identified themselves as “Black or African American” alone or in combination $10,000 and over with another race.

Compiled by the Office of Institutional Research and Assessment, August 2014 Distribution of Graduate Debt in 2013 Dollars and Average Debt of all Graduates Page 89 by Cohort Type by Gender

2013 - 2014 Graduates African-American* All Other Domestic F-1 International Men Women Men Women Men Women (N = 16) (N = 40) (N = 93) (N = 157) (N = 14) (N = 15) Zero Debt 6% 23% 41% 35% 43% 47% Less than $1,000 13% 18% 6% 7% 29% 7% $1,000 to $4,999 31% 20% 23% 25% 29% 33% $5,000 to $9,999 25% 25% 14% 21% 0% 13% $10,000 and over 25% 15% 16% 12% 0% 0% Mean $5,549 $4,768 $4,731 $3,961 $961 $1,921 Median $5,006 $2,602 $1,700 $1,649 $233 $295

2012 - 2013 Graduates African-American* All Other Domestic F-1 International Men Women Men Women Men Women (N = 17) (N = 21) (N = 84) (N = 139) (N = 14) (N = 8) Zero Debt 6% 24% 40% 37% 36% 38% Less than $1,000 24% 5% 8% 8% 21% 13% $1,000 to $4,999 47% 33% 31% 23% 43% 38% $5,000 to $9,999 18% 33% 12% 21% 0% 13% $10,000 and over 6% 5% 8% 12% 0% 0% Mean $3,674 $4,003 $2,945 $4,175 $1,415 $1,741 Median $2,028 $3,090 $1,166 $2,031 $728 $1,020

2011 - 2012 Graduates African-American* All Other Domestic F-1 International Men Women Men Women Men Women (N = 22) (N = 33) (N = 90) (N = 133) (N = 16) (N = 15) Zero Debt 23% 18% 26% 33% 31% 40% Less than $1,000 9% 9% 12% 8% 25% 27% $1,000 to $4,999 36% 42% 33% 37% 31% 27% $5,000 to $9,999 18% 18% 20% 15% 6% 7% $10,000 and over 14% 12% 9% 7% 6% 0% Mean $4,721 $4,017 $4,423 $3,133 $2,093 $1,178 Median $3,019 $2,581 $2,469 $1,749 $770 $186

2010 - 2011 Graduates African-American* All Other Domestic F-1 International Men Women Men Women Men Women (N = 14) (N = 26) (N = 77) (N = 136) (N = 7) (N = 10) Zero Debt 14% 15% 23% 24% 43% 50% Less than $1,000 7% 12% 6% 9% 14% 0% $1,000 to $4,999 57% 35% 23% 24% 29% 40% $5,000 to $9,999 7% 12% 23% 14% 0% 10% $10,000 and over 14% 27% 23% 29% 14% 0% Mean $4,868 $6,271 $6,570 $6,622 $2,210 $1,857 Median $2,454 $2,389 $3,726 $4,022 $906 $583

2009 - 2010 Graduates African-American* All Other Domestic F-1 International Men Women Men Women Men Women (N = 17) (N = 40) (N = 81) (N = 119) (N = 17) (N = 15) Zero Debt 12% 13% 26% 29% 35% 60% Less than $1,000 6% 5% 4% 3% 18% 7% $1,000 to $4,999 35% 33% 28% 22% 47% 33% $5,000 to $9,999 18% 13% 22% 22% 0% 0% $10,000 and over 29% 38% 20% 24% 0% 0% Mean $7,049 $9,092 $5,864 $6,810 $1,317 $935 Median $3,694 $5,079 $3,451 $3,949 $890 $0

*Based on students who identified themselves as "Black or African American" alone or in combination with another race.

NOTE: F-1 International students are only eligible for institutional loans.

Compiled by the Office of Institutional Research and Assessment, November 2011 Distribution of Graduate Debt in 2011 Dollars and Average Debt of all Graduates Page 90 by Cohort Type by Gender

All Graduates (2009-10 through 2013-14) African-American* All Other Domestic F-1 International

Men Women Men Women Men Women (N = 86) (N = 160) (N = 425) (N = 684) (N = 68) (N = 63) Zero Debt 13% 18% 32% 32% 37% 48% Less than $1,000 12% 10% 8% 7% 22% 11% $1,000 to $4,999 41% 32% 28% 26% 37% 33% $5,000 to $9,999 17% 19% 18% 19% 1% 8% $10,000 and over 17% 21% 15% 17% 3% 0% Mean $5,152 $5,838 $4,862 $4,868 $1,538 $1,476 Median $2,840 $2,755 $2,457 $2,457 $710 $186

*Based on students who identified themselves as "Black or African American" alone or in combination with another race.

NOTE: F-1 International students are only eligible for institutional loans.

Compiled by the Office of Institutional Research and Assessment, November 2011 Distribution of Non-Traditional Graduate Debt in 2013 Dollars and Average Debt of Non-Traditional Graduates* Page 91 by Current Non-Traditional Status**

2013 - 2014 Graduates 2010 - 2011 Graduates Married Married Married; 24 years of Single with Married; no 24 years of Single with no age or Parent child(ren) child(ren) age or older Parent child(ren) child(ren) older (N = 13) (N = 4) (N = 16) (N = 22) (N = 6) (N = 13) (N = 17) (N = 10) Zero Debt 8% 0% 25% 14% Zero Debt 17% 31% 18% 10% Less than $1,000 0% 0% 13% 18% Less than $1,000 0% 0% 12% 10% $1,000 to $1,999 8% 0% 0% 14% $1,000 to $1,999 17% 0% 6% 0% $2,000 to $2,999 8% 0% 0% 14% $2,000 to $2,999 0% 8% 0% 10% $3,000 to $3,999 8% 0% 6% 5% $3,000 to $3,999 0% 8% 6% 0% $4,000 to $4,999 0% 0% 6% 0% $4,000 to $4,999 0% 0% 12% 0% $5,000 to $9,999 31% 50% 19% 27% $5,000 to $9,999 17% 15% 18% 20% $10,000 and over 38% 50% 31% 9% $10,000 and over 50% 38% 29% 50% Mean of those with debt $10,453 $12,504 $10,680 $5,245 Mean of those with debt $13,745 $13,987 $8,910 $10,383 Median of those with debt $8,137 $9,935 $6,142 $2,944 Median of those with debt $14,209 $14,010 $6,036 $10,098 Mean (All Graduates) $9,649 $12,504 $8,010 $4,530 Mean (All Graduates) $11,454 $9,621 $7,337 $9,344 Median (All Graduates) $7,574 $9,935 $5,173 $2,421 Median (All Graduates) $10,710 $6,944 $4,915 $8,413

2012 - 2013 Graduates 2009 - 2010 Graduates Married Married Married; 24 years of Single with Married; no 24 years of Single with no age or Parent child(ren) child(ren) age or older Parent child(ren) child(ren) older (N = 9) (N = 5) (N = 13) (N = 40) (N = 10) (N = 9) (N = 19) (N = 11) Zero Debt 11% 0% 38% 28% Zero Debt 0% 22% 37% 9% Less than $1,000 0% 20% 0% 8% Less than $1,000 0% 0% 11% 18% $1,000 to $1,999 0% 0% 0% 15% $1,000 to $1,999 0% 0% 5% 9% $2,000 to $2,999 22% 0% 0% 8% $2,000 to $2,999 10% 0% 5% 18% $3,000 to $3,999 0% 20% 8% 10% $3,000 to $3,999 0% 0% 0% 9% $4,000 to $4,999 0% 20% 31% 0% $4,000 to $4,999 0% 0% 5% 9% $5,000 to $9,999 56% 40% 15% 10% $5,000 to $9,999 10% 11% 11% 9% $10,000 and over 11% 0% 8% 23% $10,000 and over 80% 67% 26% 18% Mean of those with debt $9,097 $4,578 $5,579 $8,078 Mean of those with debt $15,487 $25,589 $8,018 $5,763 Median of those with debt $7,312 $4,057 $4,251 $3,645 Median of those with debt $12,126 $27,149 $6,806 $3,271 Mean (All Graduates) $8,087 $4,578 $3,434 $5,856 Mean (All Graduates) $15,487 $19,903 $5,064 $5,239 Median (All Graduates) $6,809 $4,057 $4,126 $2,040 Median (All Graduates) $12,126 $27,011 $1,599 $2,850

2011 - 2012 Graduates 2008 - 2009 Graduates Married Married Married; 24 years of Single with Married; no 24 years of Single with no age or Parent child(ren) child(ren) age or older Parent child(ren) child(ren) older (N = 5) (N = 8) (N = 10) (N = 24) (N = 10) (N = 8) (N = 22) (N = 13) Zero Debt 0% 38% 20% 8% Zero Debt 30% 13% 5% 23% Less than $1,000 0% 0% 20% 8% Less than $1,000 0% 0% 9% 0% $1,000 to $1,999 0% 0% 10% 4% $1,000 to $1,999 0% 13% 5% 0% $2,000 to $2,999 0% 0% 30% 21% $2,000 to $2,999 0% 13% 9% 0% $3,000 to $3,999 0% 13% 20% 0% $3,000 to $3,999 0% 0% 9% 8% $4,000 to $4,999 0% 0% 0% 0% $4,000 to $4,999 0% 0% 0% 15% $5,000 to $9,999 80% 25% 0% 21% $5,000 to $9,999 0% 13% 18% 15% $10,000 and over 20% 25% 0% 38% $10,000 and over 70% 50% 45% 38% Mean of those with debt $9,235 $10,213 $2,085 $9,086 Mean of those with debt $18,159 $10,889 $8,835 $12,068 Median of those with debt $7,645 $8,903 $2,328 $8,901 Median of those with debt $15,905 $10,556 $7,590 $8,900 Mean (All Graduates) $9,235 $6,383 $1,668 $8,329 Mean (All Graduates) $12,711 $9,527 $8,433 $9,283 Median (All Graduates) $7,645 $5,783 $2,043 $7,523 Median (All Graduates) $13,477 $8,201 $7,475 $5,397

*A graduate is considered "non-traditional" if at any point at Berea the student was considered a non-traditional student. **Status is determined by the latest non-traditional status (e.g., a student was age 25 when she/he came to Berea but had a child in her/his senior year so would be counted has 24 years of age or older and has a child).

NOTE: A non-traditional student is defined as being 24 years of age or older and/or married and/or has a child/children/legal dependent. Domestic students complete the FAFSA which verifies this status. International students are not included in this report. All international students have an EFC of $0 and complete no paperwork that would verify the non-traditional status other than age.

Compiled by the Office of Institutional Research and Assessment, August 2014 Average Debt in 2013 Dollars of All Graduates by EFC Categories (Based on Fall Term Entering Student EFC - does not include Spring Entrants) Page 92 Graduates 2009-10 through 2013-14 (N = 1,486)

Mean $3,337 Zero N = 658 EFC

Median $1,723

Mean $1 $3,649 to $1000 N = 200 Median $1,532

Mean $5,344 $1001 to $2000 N = 173

Median $3,313

Mean $6,401 $2001 to $3000 N = 162

Median $3,604

Mean $7,626 $3001 to $5000 N = 206

Median $5,788

More Mean $5,641 than $5000 N = 78

Median $940

$0 $4,000 $8,000 $12,000 $16,000

Compiled by the Office of Institutional Research and Assessment, August 2014 Average Debt in 2013 Dollars of All Graduates by EFC Categories by Gender (Based on Fall Term Entering Student EFC - does not include Spring Entrants) Page 93 Graduates 2009-10 through 2013-14

Mean $3,148 Men (N = 259) $3,460 Zero Women (N = 399) EFC

$1,542 Median $1,795

$2,922 Mean $1 $4,040 to Men (N = 70) $1000 Women (N = 130) $1,316 Median $1,905

Mean $5,737 $1001 to $5,130 $2000 Men (N = 61) Women (N = 112) $2,902 Median $3,622

Mean $6,628 $2001 to $6,278 Men (N = 57) $3000 Women (N = 105)

Median $3,939 $2,841

Mean $7,022 $3001 to $8,154 Men (N = 96) $5000 Women (N = 110)

Median $5,136 $6,759

$4,525 Mean More $6,338 than Men (N = 30) $5000 Women (N = 48) $207 Median $2,375

$0 $4,000 $8,000 $12,000 $16,000

Compiled by the Office of Institutional Research and Assessment, August 2014 Average Debt in 2013 Dollars of All Graduates by EFC Categories by Cohort Type (Based on Fall Term Entering Student EFC - does not include Spring Entrants) Page 94 Graduates 2009-10 through 2013-14

Mean $4,010 African American* (N = 128) Zero $3,722 Other Domestic (N = 399) EFC F-1 International (N = 131) Mean: $1,509 $2,526 Median Median: $651 $1,949

Mean $4,756 $1 $3,405 African American* (N = 36) to Other Domestic (N = 164) $1000 $3,080 Median $1,126

Mean $7,730 $1001 to $4,903 African American* (N = 27) $2000 Other Domestic (N = 146)

$2,902 Median $3,611

Mean $9,110 African American* (N = 28) $2001 to $5,835 Other Domestic (N = 134) $3000

Median $9,333 $2,860

Mean $10,902 $3001 to $7,274 African American* (N = 20) $5000 Other Domestic (N = 186) $11,219 Median $5,345

$1,539 Mean More $6,045 than $5000 African American* (N = 7) $879 Median Other Domestic (N = 71) $1,000

$0 $4,000 $8,000 $12,000 $16,000

*Students who identified themselves as "Black or African American" alone or in combination with another race.

Compiled by the Office of Institutional Research and Assessment, August 2014 Graduates and Their Families: Page 95 Average Educational Debt in 2013 Constant Dollars (Based on only those with debt)

$6,801 2004-05 $8,943

$6,868 2005-06 $9,118

$6,645 2006-07 $8,982

$7,410 2007-08 $9,452

$7,622 2008-09 $9,064

$5,755 2009-10 $8,516

$5,887 2010-11 $8,115

$3,362 Median 2011-12 $5,010 Mean

$3,884 2012-13 $5,478 Average Ten-Year Median: $5,907 $4,834 2013-14 Mean: $7,900 $6,318

$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $11,000 Average Debt of Borrowers According to "The Project on Student Debt," 2012 graduates have an average debt of $29,400 nationally and $22,384 in Kentucky. See page 80 for more breakdowns.

Data include international students and parent loans.

Compiled by the Office of Institutional Research and Assessment, August 2014 All Graduates and Their Families: Page 96 Average Educational Debt in 2013 Constant Dollars (Based on all graduates) Average Ten-Year $4,291 2004-05 Median: $3,492 $6,729 Mean: $5,917

$4,697 2005-06 Median $7,295 Mean $4,695 2006-07 $7,114

$4,538 2007-08 $7,340

$5,032 2008-09 $6,992

$3,279 2009-10 $6,246

$3,123 2010-11 $6,191

$2,070 2011-12 $3,567

$1,590 2012-13 $3,562

$1,602 2013-14 $4,130

$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $11,000

Average Debt of Graduates

Data include international students and parent loans.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Domestic Graduates*: Page 97 Average Educational Debt in 2013 Constant Dollars (Based on only those with debt)

$11,521 2008-09 $11,323

$10,749 2009-10 $12,508

$9,236 2010-11 $11,135

$7,244 2011-12 $7,845 Median

Mean $4,251 2012-13 $7,491 Average Six-Year Median: $9,814 $5,944 Mean: $8,158 2013-14 $8,580

$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $11,000 $12,000 $13,000 Average Debt of Borrowers

*A graduate is considered "non-traditional" if at any point at Berea the student was considered a non-traditional studen.

Compiled by the Office of Institutional Research and Assessment, August 2014 Non-Traditional Domestic Graduates*: Page 98 Average Educational Debt in 2013 Constant Dollars (Based on all graduates)

Average Six-Year $7,590 Median: $7,971 2008-09 $9,314 Mean: $5,566

Median $6,844 2009-10 Mean $9,956

$6,729 2010-11 $8,956

$3,364 2011-12 $6,677

$3,396 2012-13 $5,591

$5,475 2013-14 $7,332

$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $11,000 $12,000 $13,000 Average Debt of Graduates

*A graduate is considered "non-traditional" if at any point at Berea the student was considered a non-traditional studen.

Compiled by the Office of Institutional Research and Assessment, August 2014 Domestic vs. International Graduates: Page 99 Mean Debt in 2013 Constant Dollars (Based only on those with debt)

2004-05 $1,589 $9,576

$2,640 2005-06 $9,601

$2,083 2006-07 $9,654

$1,547 2007-08 $10,016

$2,381 2008-09 $9,551

$2,141 2009-10 $9,072

$3,783 2010-11 $8,313

$2,558 2011-12 $5,256

$2,410 2012-13 $5,730

$2,642 2013-14 $6,608

$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $11,000

Mean Debt of Borrowers Average Ten-Year Mean Domestic: $8,338 International Graduates Domestic Graduates International: $2,377

Compiled by the Office of Institutional Research and Assessment, August 2014 Domestic vs. International Graduates: Page 100 Mean Debt in 2013 Constant Dollars (Based on all graduates)

2004-05 $1,312 $7,149

2005-06 $1,885 $7,751

2006-07 $1,452 $7,749

2007-08 $952 $7,928

2008-09 $1,449 $7,515

2009-10 $1,138 $6,883

2010-11 $2,003 $6,473

2011-12 $1,650 $3,782

2012-13 $1,533 $3,732 Average Ten-Year Mean Domestic: $6,335 2013-14 $1,458 International: $1,483 $4,383

$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $11,000

Mean Debt of All Graduates International Graduates Domestic Graduates

Compiled by the Office of Institutional Research and Assessment, August 2014 Graduates: Page 101 Distribution of Debt by Federal vs. Institutional Loans

100% Institutional

Federal 16.8% 90% 17.7% 18.5% 21.3% 23.4% 25.2% 24.7% 26.6%

36.2% 80% 47.6%

70%

60%

50%

83.2% 40% 82.3% 81.5% 78.7% 76.6% 74.8% 75.3% 73.4%

63.8% 30% 52.4%

20%

10%

0% 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14

NOTES: Includes international students and parent loans. Federal loans include Subsidized and Unsubsidized Stafford, Perkins and Parent PLUS loans awarded primarily for term bill balances and education abroad opportunities. Institutional loans include all Berea College student loans. These loans are used for a variety of reasons: term bills, medical/dental/optical expenses, education abroad, etc.

Compiled by the Office of Institutional Research and Assessment, August 2014 Graduates: Page 102 Distribution of Debt by Need-Based vs. Non-Need-Based Loans

100% Non-Need

90% 22.8% Need

32.7% 39.2% 39.2% 36.8% 80% 42.7% 41.1% 40.6% 40.8% 49.0% 70%

60%

50%

40% 77.2%

67.3% 60.8% 60.8% 63.2% 30% 57.3% 58.9% 59.4% 59.2% 51.0% 20%

10%

0% 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14

NOTES: Includes international students and parent loans. Need-based loans include Federal Subsidized Stafford, Perkins and all institutional loans awarded to students for a variety of reasons: term bills, medical/dental/optical expenses, education abroad, etc. Non-need-based loans include Federal Unsubsidized Stafford, Parent PLUS, and alternative student loans. These loans are used primarily to replace Expected Family Contribution (EFC) for term bill balances and edcuation abroad opportunities.

Compiled by the Office of Institutional Research and Assessment, August 2014