Goldey-Beacom College

www.gbc.edu/

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2021 Undergraduate Tuition

$12,750

50% growth from 2020

2021 Average Net Price

$14,637

After Financial Aid

2019 Student Loan

3.02%

Default Rate

2021 Acceptance Rate

62.9%

520 Applicants

2021 Enrolled Students

1,116

61.3% Full-Time

2021 Graduation Rate

56.3%

63 Graduates

About

Goldey-Beacom College is a higher education institution located in New Castle County, DE. In 2021, the most popular Masters Degree concentrations at Goldey-Beacom College were General Finance (73 degrees awarded), General Business Administration & Management (42 degrees), and Information Resources Management (42 degrees).

In 2021, 475 degrees were awarded across all undergraduate and graduate programs at Goldey-Beacom College. 57.7% of these degrees were awarded to women, and 42.3% awarded men. The most common race/ethnicity group of degree recipients was white (150 degrees), 2.42 times more than then the next closest race/ethnicity group, black or african american (62 degrees).

The median undergraduate tuition at Goldey-Beacom College is $12,750, which is $−1,750 less than the national average for Special Focus Institutions ($14,500).

Special Focus Four-Year: Business & Management Schools Special Focus Institutions

Costs

In 2021, the median undergraduate tuition at Goldey-Beacom College is $12,750, which is $−1,750 less than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $14,637.

In 2021, 100% of undergraduate students attending Goldey-Beacom College received financial aid through grants. Comparatively, 38% of undergraduate students received financial aid through loans.

Tuition Costs

$12,750

2021 Undergraduate Tuition

In 2021, the cost of tuition at Goldey-Beacom College was $12,750. The cost of tuition at Goldey-Beacom College is $−1,750 less than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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

Average Net Price

$14,637

2021 Value

23.2%

1 Year Growth

In 2021 Goldey-Beacom College had an average net price — the price paid after factoring in grants and loans — of $14,637. Between 2020 and 2021, the average net price of Goldey-Beacom College grew by 23.2%.

This chart compares the average net price of Goldey-Beacom College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$10,040

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Goldey-Beacom College was of $10,040 in 2021. The cost of room and board increased by 29.3% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies decreased by 3.1% during the same period.

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

Financial Aid by Income Level

100%

Undergraduates Receiving Financial Aid through Grants

38%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Goldey-Beacom College received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Goldey-Beacom College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

3.02%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Goldey-Beacom College was 3.02%, which represents 6 out of the 199 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Goldey-Beacom College received 520 undergraduate applications in 2021, which represents a 20.2% annual growth. Out of those 520 applicants, 327 students were accepted for enrollment, representing a 62.9% acceptance rate.

There were 1,116 students enrolled at Goldey-Beacom College in 2021.

Goldey-Beacom College has an overall enrollment yield of 39.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

62.9%

Acceptance Rate in 2021

327

Accepted Out of 520

In 2021, the undergraduate acceptance rate of Goldey-Beacom College was 62.9% (327 admissions from 520 applications). This is higher than the acceptance rate of 2020, which was 55.2%. Between 2020 and 2021, the number of applicants grew by 20.2%, while admissions declined by −9.17%..

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

Enrollment

Goldey-Beacom College had a total enrollment of 1,116 students in 2021. The full-time enrollment at Goldey-Beacom College is 684 students and the part-time enrollment is 432. This means that 61.3% of students enrolled at Goldey-Beacom College are enrolled full-time.

The enrolled student population at Goldey-Beacom College, both undergraduate and graduate, is 28.4% White, 19.7% Black or African American, 10.3% Hispanic or Latino, 3.67% Two or More Races, 2.87% Asian, 0.179% Native Hawaiian or Other Pacific Islanders, and 0.179% American Indian or Alaska Native.

Students enrolled at Goldey-Beacom College in full-time Undergraduate programs are most commonly White Female (19.3%), followed by White Male (16.6%) and Black or African American Female (12.5%). Students enrolled in full-time Graduate programs are most commonly White Female (28.3%), followed by Black or African American Female (15.2%) and Hispanic or Latino Female (13%).

Full-Time vs Part-Time Enrollment

61.3%

Full-Time Enrollment

The total enrollment at Goldey-Beacom College in 2021, both undergraduate and graduate, is 1,116 students. The full-time enrollment at Goldey-Beacom College is 684 and the part-time enrollment is 432. This means that 61.3% of students enrolled at Goldey-Beacom College are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

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

Retention Rate over Time

82%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Goldey-Beacom College was 82%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), Goldey-Beacom College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
317 enrolled students
Black or African American
220 enrolled students
Hispanic or Latino
115 enrolled students

The enrolled student population at Goldey-Beacom College is 28.4% White, 19.7% Black or African American, 10.3% Hispanic or Latino, 3.67% Two or More Races, 2.87% Asian, 0.179% Native Hawaiian or Other Pacific Islanders, and 0.179% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 43.6% White, 18.4% Hispanic or Latino, and 14% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 62 students (5.56%) did not report their race.

Graduates

In 2021, 73 more women than men received degrees from Goldey-Beacom College. The most common race/ethnicity group of degree recipients at Goldey-Beacom College is white (150 degrees awarded). There were 2.42 times more white recipients than the next closest race/ethnicity group, black or african american (62 degrees).

The most common Masters Degree concentration at Goldey-Beacom College is General Finance (73 degrees awarded), followed by General Business Administration & Management (42 degrees) and Information Resources Management (42 degrees).

In 2021, the most specialized majors across all degree types at Goldey-Beacom College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (371 degrees awarded), Parks, Recreation, & Leisure (15 degrees), and Legal (10 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Goldey-Beacom College are Accountants & auditors (1,050,680 people), Other managers (766,009 people), Financial managers (485,090 people), Chief executives & legislators (384,251 people), and Elementary & middle school teachers (320,421 people).

The most specialized majors at Goldey-Beacom College in 2021 are Business (371 degrees awarded), Parks, Recreation, & Leisure (15 degrees), Legal (10 degrees), Psychology (24 degrees), and Protective Services (14 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Goldey-Beacom College are Surgeons, Physicians, Nurse anesthetists, Magnetic resonance imaging technologists, and Chief executives & legislators

The most specialized majors at Goldey-Beacom College are Business (371 degrees awarded), Parks, Recreation, & Leisure (15 degrees), Legal (10 degrees), Psychology (24 degrees), and Protective Services (14 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Goldey-Beacom College are Elementary & secondary schools (865,670 people), Justice, public order, & safety activities (536,465 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (527,000 people), Computer Systems Design (517,948 people), and Colleges, universities & professional schools, including junior colleges (510,582 people).

Majors Awarded

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

Most Common (2021)

General Finance
73 degree-majors awarded
General Business Administration & Management
42 degree-majors awarded
Information Resources Management
42 degree-majors awarded

In 2021, the most common masters degree concentration at Goldey-Beacom College was General Finance with 73 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Goldey-Beacom College according to their major.

Sex Breakdown for Common Majors

201

Degrees Awarded to Men

in 2021

274

Degrees Awarded to Women

in 2021

In 2021, 201 degrees were awarded to men at Goldey-Beacom College, which is 0.734 times less than the number of degrees awarded to females (274).

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

Most Common Male Majors

In 2021, 45 degrees were awarded to men at Goldey-Beacom College in General Finance, which is 0.957 times less than the 47 female recipients with that same degree.

Most Common Female Majors

In 2021, 48 degrees were awarded to men at Goldey-Beacom College in General Business Administration & Management, which is 1.14 times more than the 42 male recipients with that same degree.

Time to Complete

49%

100% Completion Time

54%

150% Completion Time

In 2021, 49% of students graduating from Goldey-Beacom College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 54% completed their degrees within 150% of the normal time, and 54% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Goldey-Beacom College is Male and Two or More Races (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.59% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
150 degrees awarded
Black or African American
62 degrees awarded
Hispanic or Latino
34 degrees awarded

The most common race/ethnicity at Goldey-Beacom College is white (150 degrees awarded). There were 2.42 times more white recipients than the next closest race/ethnicity group, black or african american (62 degrees).

0.421% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
86 degrees awarded
White Male
64 degrees awarded
Black or African American Male
31 degrees awarded

The most common race/ethnicity and sex grouping at Goldey-Beacom College is white female (86 degrees awarded). There were 1.34 times more white female recipients than the next closest race/ethnicity group, white male (64 degrees).

Operations

Goldey-Beacom College has an endowment valued at nearly $195M, as of the end of the 2021 fiscal year. The return on its endowment was of 40.1M (20.6%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Goldey-Beacom College had a total salary expenditure of 19.7M. Goldey-Beacom College employs 8 Associate professors, 8 Assistant professors and 4 Professors. Most academics at Goldey-Beacom College are Male Associate professor (6), Male Assistant professor (5), and Female Assistant professor (3).

The most common positions for non-instructional staff at Goldey-Beacom College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 19 employees, Management, with 18 employees, and Service with 8 employees.

Endowment

$195M

2021 Endowment

21.8%

growth from 2020

Goldey-Beacom College has an endowment valued at about $195M, as of the end of the 2021 fiscal year. The endowment of Goldey-Beacom College grew 21.8% from the previous year. The value of their endowment was $182M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Goldey-Beacom College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Business & Management Schools Carnegie Classification grouping.

Salary Expenditure

$7.44M

2021 Salaries

2.65%

growth from 2020

In 2021, Goldey-Beacom College paid a median of $7.44M in salaries, which represents 37.8% of their overall expenditure ($19.7M) and a 2.65% growth from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$1.72M

Instructional Salaries

Number of Employees

In 2021, Goldey-Beacom College paid a total of $1.72M to 20 employees working as instructors, which represents 23.2% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Associate professor

Most Common Instructor

8 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

19 Employees

In 2021, the most common positions for instructional staff at Goldey-Beacom College were Associate professor with 8 employees, Assistant professor with 8 employees, and Professor with 4 employees.

In 2021, the most common positions for non-instructional staff at Goldey-Beacom College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 19 employees, Management with 18 employees, and Service with 8 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Associate professor
Male Assistant professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Goldey-Beacom College was Male Associate professor with 6 employees, Male Assistant professor with 5 employees, and Female Assistant professor with 3 employees.

This chart shows the sex split between each academic rank present at Goldey-Beacom College.