Beacon College

www.beaconcollege.edu

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2022 Undergraduate Tuition

$46,420

5.02% growth from 2021

2022 Average Net Price

$43,474

After Financial Aid

2019 Default Rate

3.57%

on Student Loans

2022 Acceptance Rate

51.9%

416 Applicants

2022 Enrolled Students

501

91.2% Full-Time

2022 Graduation Rate

60%

36 Graduates

About

Beacon College is a higher education institution located in Lake County, FL. In 2022, the most popular Bachelors Degree concentrations at Beacon College were General Business Administration & Management (14 degrees awarded), General Computer & Information Sciences (13 degrees), and Web Page, Digital, & Information Resource Design (10 degrees).

In 2022, 96 degrees were awarded across all undergraduate and graduate programs at Beacon College. 24% of these degrees were awarded to women, and 76% awarded men. The most common race/ethnicity group of degree recipients was white (59 degrees), 2.81 times more than then the next closest race/ethnicity group, black or african american (21 degrees).

The median undergraduate tuition at Beacon College is $46,420, which is $18,090 more than the national average for Baccalaureate Colleges ($28,330).

In 2019 the default rate for borrower's at Beacon College was 3.57%, corresponding to 2 out of the 56 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Beacon College is $46,420, which is $18,090 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $43,474.

In 2022, 92% of undergraduate students attending Beacon College received financial aid through grants. Comparatively, 42% of undergraduate students received financial aid through loans.

Tuition Costs

$46,420

2022 Undergraduate Tuition

In 2022, the cost of tuition at Beacon College was $46,420. The cost of tuition at Beacon College is $18,090 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$43,474

2022 Value

2.1%

1 Year Growth

In 2022 Beacon College had an average net price — the price paid after factoring in grants and loans — of $43,474. Between 2021 and 2022, the average net price of Beacon College grew by 2.1%.

This chart compares the average net price of Beacon 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

$13,378

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Beacon College was of $13,378 in 2022. The cost of room and board increased by 4.39% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

92%

Undergraduates Receiving Financial Aid through Grants

42%

Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at Beacon College received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at Beacon 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.

3.57%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Beacon College was 3.57%, which represents 2 out of the 56 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

Beacon College received 416 undergraduate applications in 2022, which represents a 11.9% annual growth. Out of those 416 applicants, 216 students were accepted for enrollment, representing a 51.9% acceptance rate.

There were 501 students enrolled at Beacon College in 2022.

Beacon College has an overall enrollment yield of 47.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

51.9%

Acceptance Rate in 2022

216

Accepted Out of 416

In 2022, the undergraduate acceptance rate of Beacon College was 51.9% (216 admissions from 416 applications). This is lower than the acceptance rate of 2021, which was 56.8%. Between 2021 and 2022, the number of applicants declined by 11.9%, while admissions declined by 19.4%.

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

Enrollment

Beacon College had a total enrollment of 501 students in 2022. The full-time enrollment at Beacon College is 457 students and the part-time enrollment is 44. This means that 91.2% of students enrolled at Beacon College are enrolled full-time.

The enrolled student population at Beacon College, both undergraduate and graduate, is 66.3% White, 14% Black or African American, 8.58% Hispanic or Latino, 4.39% Two or More Races, 4.19% Asian, 1.2% American Indian or Alaska Native, and 0.599% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Beacon College in full-time Undergraduate programs are most commonly White Male (43.8%), followed by White Female (24.1%) and Black or African American Male (9.19%).

Full-Time vs Part-Time Enrollment

91.2%

Full-Time Enrollment

The total enrollment at Beacon College in 2022, both undergraduate and graduate, is 501 students. The full-time enrollment at Beacon College is 457 and the part-time enrollment is 44. This means that 91.2% of students enrolled at Beacon College are enrolled full-time compared with N/A% at similar Baccalaureate Colleges.

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

Retention Rate over Time

77%

2022 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 Beacon College was 77%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Beacon College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
332 enrolled students
Black or African American
70 enrolled students
Hispanic or Latino
43 enrolled students

The enrolled student population at Beacon College is 66.3% White, 14% Black or African American, 8.58% Hispanic or Latino, 4.39% Two or More Races, 4.19% Asian, 1.2% American Indian or Alaska Native, and 0.599% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 0 students (0%) did not report their race.

Graduates

In 2022, 50 fewer women than men received degrees from Beacon College. The most common race/ethnicity group of degree recipients at Beacon College is white (59 degrees awarded). There were 2.81 times more white recipients than the next closest race/ethnicity group, black or african american (21 degrees).

The most common Bachelor's Degree concentration at Beacon College is General Business Administration & Management (14 degrees awarded), followed by General Computer & Information Sciences (13 degrees) and Web Page, Digital, & Information Resource Design (10 degrees).

In 2022, the most specialized majors across all degree types at Beacon College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Public Administration and Social Service (18 degrees awarded), Computer and Information Sciences and Support Services (33 degrees), and Interdisciplinary Studies (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 Beacon College are Accountants & auditors (1,068,596 people), Other managers (890,534 people), Software developers (690,861 people), Financial managers (525,924 people), and Chief executives & legislators (440,745 people).

The most specialized majors at Beacon College in 2022 are Public Administration and Social Service (18 degrees awarded), Computer and Information Sciences and Support Services (33 degrees), Interdisciplinary Studies (10 degrees), Psychology (7 degrees), and Business (20 degrees) (as of 2022).

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 Beacon College are Surgeons, Cardiovascular technologists and technicians, Aircraft pilots & flight engineers, Physicians, and Architectural & engineering managers

The most specialized majors at Beacon College are Public Administration and Social Service (18 degrees awarded), Computer and Information Sciences and Support Services (33 degrees), Interdisciplinary Studies (10 degrees), Psychology (7 degrees), and Business (20 degrees) (as of 2022).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Beacon College are Computer Systems Design (1,108,159 people), Elementary & secondary schools (991,238 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (639,851 people), Colleges, universities & professional schools, including junior colleges (613,625 people), and Banking & related activities (569,354 people).

Majors Awarded

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

Most Common (2022)

General Business Administration & Management
14 degrees awarded
General Computer & Information Sciences
13 degrees awarded
Web Page, Digital, & Information Resource Design
10 degrees awarded

In 2022, the most common bachelors degree concentration at Beacon College was General Business Administration & Management with 14 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 73 degrees were awarded to men at Beacon College, which is 3.17 times more than the number of degrees awarded to females (23).

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

Most Common Male Majors

In 2022, 20 degrees were awarded to men at Beacon College in General Computer & Information Sciences. There were no female recipients with the same degree.

Most Common Female Majors

In 2022, 9 degrees were awarded to men at Beacon College in General Human Services, which is 1 times approximately the same the 9 male recipients with that same degree.

Time to Complete

40%

100% Completion Time

60%

150% Completion Time

In 2022, 40% of students graduating from Beacon College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 60% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

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

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Beacon College is Male and Hispanic or Latino (100% graduation rate). Across all Baccalaureate Colleges, 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.

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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
59 degrees awarded
Black or African American
21 degrees awarded
Hispanic or Latino
8 degrees awarded

The most common race/ethnicity at Beacon College is white (59 degrees awarded). There were 2.81 times more white recipients than the next closest race/ethnicity group, black or african american (21 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
43 degrees awarded
Black or African American Male
18 degrees awarded
White Female
16 degrees awarded

The most common race/ethnicity and sex grouping at Beacon College is white male (43 degrees awarded). There were 2.39 times more white male recipients than the next closest race/ethnicity group, black or african american male (18 degrees).

Operations

Beacon College has an endowment valued at nearly $1.68M, as of the end of the 2022 fiscal year. The return on its endowment was of −25.3k (−1.5%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Beacon College had a total salary expenditure of 22.4M. Beacon College employs 16 Instructors, 11 Assistant professors and 7 Associate professors. Most academics at Beacon College are Female Instructor (9), Female Assistant professor (8), and Male Instructor (7).

The most common positions for non-instructional staff at Beacon College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 37 employees, Management, with 36 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 15 employees.

Endowment

$1.68M

2022 Endowment

1.29k%

growth from 2021

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

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$9.1M

2022 Salaries

13.7%

growth from 2021

In 2022, Beacon College paid a median of $9.1M in salaries, which represents 40.5% of their overall expenditure ($22.4M) and a 13.7% growth from the previous year. This is compared to a 5.1% growth between 2020 and 2021, and a 18% decline between 2019 and 2020.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$2.15M

Instructional Salaries

Number of Employees

In 2022, Beacon College paid a total of $2.15M to 37 employees working as instructors, which represents 23.6% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Instructor

Most Common Instructor

16 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

37 Employees

In 2022, the most common positions for instructional staff at Beacon College were Instructor with 16 employees, Assistant professor with 11 employees, and Associate professor with 7 employees.

In 2022, the most common positions for non-instructional staff at Beacon College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 37 employees, Management with 36 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 15 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Instructor
Female Assistant professor
Male Instructor

In 2022, the most common demographic for instructional staff at Beacon College was Female Instructor with 9 employees, Female Assistant professor with 8 employees, and Male Instructor with 7 employees.

This chart shows the sex split between each academic rank present at Beacon College.

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