Spencerian College-Louisville

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2017 Undergraduate Tuition
$19,800
2017 Average Net Price
$27,325
After Financial Aid
2019 Default Rate
2.83%
on Student Loans
2017 Enrolled Students
396
58.1% Full-Time

About

Spencerian College-Louisville is a higher education institution located in Jefferson County, KY. In 2017, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Spencerian College-Louisville were Licensed Practical & Vocational Nurse Training (29 degrees awarded), Radiographer (11 degrees), and Medical Insurance Coding Specialist (6 degrees).

In 2017, 170 degrees were awarded across all undergraduate and graduate programs at Spencerian College-Louisville. 87.6% of these degrees were awarded to women, and 12.4% awarded men. The most common race/ethnicity group of degree recipients was white (111 degrees), 3 times more than then the next closest race/ethnicity group, black or african american (37 degrees).

The median undergraduate tuition at Spencerian College-Louisville is $19,800, which is $4,859 more than the national average for Special Focus Institutions ($14,942).

Costs

In 2017, the median undergraduate tuition at Spencerian College-Louisville is $19,800

After taking grants and loans into account, the average net price for students is $27,325.

In 2017, 75% of undergraduate students attending Spencerian College-Louisville received financial aid through grants. Comparatively, 68% of undergraduate students received financial aid through loans.

Tuition Costs

$19,800
2017 Undergraduate Tuition

In 2017, the cost of tuition at Spencerian College-Louisville was $19,800.

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Average Net Price

$27,325
2017 Value
15.7%
1 Year Growth

In 2017 Spencerian College-Louisville had an average net price — the price paid after factoring in grants and loans — of $27,325. Between 2016 and 2017, the average net price of Spencerian College-Louisville grew by 15.7%.

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

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

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Financial Aid by Income Level

75%
Undergraduates Receiving Financial Aid through Grants
68%
Undergraduates Receiving Financial Aid through Loans

75% of undergraduate students at Spencerian College-Louisville received financial aid through grants or loans in 2017. This represents a growth of 8.7% with respect to 2016, when 69% of undergraduate students received financial aid.

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

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

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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.
2.83%
2019 Default Rate
56
Number of Defaults

In 2019 the default rate for borrower's at Spencerian College-Louisville was 2.83%, which represents 56 out of the 1978 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.

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Enrollment

Spencerian College-Louisville had a total enrollment of 396 students in 2017. The full-time enrollment at Spencerian College-Louisville is 230 students and the part-time enrollment is 166. This means that 58.1% of students enrolled at Spencerian College-Louisville are enrolled full-time.

The enrolled student population at Spencerian College-Louisville, both undergraduate and graduate, is 57.1% White, 18.4% Black or African American, 12.1% Two or More Races, 1.77% Hispanic or Latino, 1.01% Asian, 0.253% Native Hawaiian or Other Pacific Islanders, and 0.253% American Indian or Alaska Native.

Students enrolled at Spencerian College-Louisville in full-time Undergraduate programs are most commonly White Female (48.7%), followed by Black or African American Female (15.7%) and White Male (9.13%).

Full-Time vs Part-Time Enrollment

58.1%
Full-Time Enrollment

The total enrollment at Spencerian College-Louisville in 2017, both undergraduate and graduate, is 396 students. The full-time enrollment at Spencerian College-Louisville is 230 and the part-time enrollment is 166. This means that 58.1% of students enrolled at Spencerian College-Louisville are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

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

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Retention Rate over Time

37%
2013 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 Spencerian College-Louisville was 37%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Spencerian College-Louisville had a retention rate lower than its peers.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2017)
  1. White
    226 enrolled students
  2. Black or African American
    73 enrolled students
  3. Two or More Races
    48 enrolled students

The enrolled student population at Spencerian College-Louisville is 57.1% White, 18.4% Black or African American, 12.1% Two or More Races, 1.77% Hispanic or Latino, 1.01% Asian, 0.253% Native Hawaiian or Other Pacific Islanders, and 0.253% 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 42.1% White, 19.3% Hispanic or Latino, and 14.1% Black or African American.

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Graduates

In 2017, 128 more women than men received degrees from Spencerian College-Louisville. The most common race/ethnicity group of degree recipients at Spencerian College-Louisville is white (111 degrees awarded). There were 3 times more white recipients than the next closest race/ethnicity group, black or african american (37 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Spencerian College-Louisville is Licensed Practical & Vocational Nurse Training (29 degrees awarded), followed by Radiographer (11 degrees) and Medical Insurance Coding Specialist (6 degrees).

In 2017,  the most specialized majors across all degree types at Spencerian College-Louisville, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (169 degrees awarded) and Parks, Recreation, & Leisure (1 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Spencerian College-Louisville are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Spencerian College-Louisville in 2017 are Health (169 degrees awarded) and Parks, Recreation, & Leisure (1 degrees) (as of 2017).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Spencerian College-Louisville are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Spencerian College-Louisville are Health (169 degrees awarded) and Parks, Recreation, & Leisure (1 degrees) (as of 2017).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Spencerian College-Louisville are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Spencerian College-Louisville are Health (169 degrees awarded) and Parks, Recreation, & Leisure (1 degrees) (as of 2017).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Spencerian College-Louisville.
Most Common (2017)
  1. 23 degrees awarded
  2. 16 degrees awarded
  3. 11 degrees awarded

In 2017, the most common associates degree concentration at Spencerian College-Louisville was Registered Nursing with 23 degrees awarded.

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

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Sex Breakdown for Common Majors

21
Degrees Awarded to Men
in 2017
149
Degrees Awarded to Women
in 2017

In 2017, 21 degrees were awarded to men at Spencerian College-Louisville, which is 0.141 times less than the number of degrees awarded to females (149).

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

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Most Common Male Majors

In 2017, 4 degrees were awarded to men at Spencerian College-Louisville in Radiographer, which is 0.19 times less than the 21 female recipients with that same degree.

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Most Common Female Majors

In 2017, 26 degrees were awarded to men at Spencerian College-Louisville in Licensed Practical & Vocational Nurse Training, which is 8.67 times more than the 3 male recipients with that same degree.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2017 at Spencerian College-Louisville is Male and American Indian or Alaska Native (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2017)
  1. White
    111 degrees awarded
  2. Black or African American
    37 degrees awarded
  3. Asian
    5 degrees awarded

The most common race/ethnicity at Spencerian College-Louisville is white (111 degrees awarded). There were 3 times more white recipients than the next closest race/ethnicity group, black or african american (37 degrees).

4.71% of degree recipients (8 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2017)
  1. White Female
    98 degrees awarded
  2. Black or African American Female
    33 degrees awarded
  3. White Male
    13 degrees awarded

The most common race/ethnicity and sex grouping at Spencerian College-Louisville is white female (98 degrees awarded). There were 2.97 times more white female recipients than the next closest race/ethnicity group, black or african american female (33 degrees).

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Operations

Spencerian College-Louisville employs 38 Instructors. Most academics at Spencerian College-Louisville are Female Instructor (36), and Male Instructor (2).

The most common positions for non-instructional staff at Spencerian College-Louisville are: Sales and related, with 11 employees, Office and Administrative Support, with 9 employees, and Management with 8 employees.

Salary Expenditure

$4.66M
2017 Salaries
4.38%
decline from 2016

In 2017, Spencerian College-Louisville paid a median of $4.66M in salaries, a 4.38% decline from the previous year.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Instructional Salaries

$1.88M
Instructional Salaries
38
Number of Employees

In 2017, Spencerian College-Louisville paid a total of $1.88M to 38 employees working as instructors, which represents 40.4% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

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Occupations by Share

Instructor
Most Common Instructor
38 Employees
Sales and related
Most Common Non-Instructional Employee
11 Employees

In 2017, the most common positions for instructional staff at Spencerian College-Louisville was Instructor with 38 employees.

In 2017, the most common positions for non-instructional staff at Spencerian College-Louisville were Sales and related with 11 employees, Office and Administrative Support with 9 employees, and Management with 8 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2017)
  1. Female Instructor
  2. Male Instructor

In 2017, the most common demographic for instructional staff at Spencerian College-Louisville was Female Instructor with 36 employees, and Male Instructor with 2 employees.

This chart shows the sex split between each academic rank present at Spencerian College-Louisville.

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