Beal University

www.bealcollege.edu

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2022 Average Net Price

$25,132

After Financial Aid

2019 Default Rate

1.45%

on Student Loans

2022 Enrolled Students

400

100% Full-Time

2022 Graduation Rate

42.4%

64 Graduates

About

Beal University is a higher education institution located in Penobscot County, ME. In 2022, the most popular Associates Degree concentrations at Beal University were Registered Nursing (79 degrees awarded), General Business Administration & Management (9 degrees), and Health Information & Medical Records Technology (8 degrees).

In 2022, 175 degrees were awarded across all undergraduate and graduate programs at Beal University. 80% of these degrees were awarded to women, and 20% awarded men. The most common race/ethnicity group of degree recipients was white (160 degrees), 32 times more than then the next closest race/ethnicity group, two or more races (5 degrees).

In 2019 the default rate for borrower's at Beal University was 1.45%, corresponding to 2 out of the 138 total borrowers.

Associates Colleges: High Career & Technical-High Nontraditional Associates Colleges

Costs

After taking grants and loans into account, the average net price for students is $25,132.

In 2022, 70% of undergraduate students attending Beal University received financial aid through grants. Comparatively, 80% of undergraduate students received financial aid through loans.

Average Net Price

$25,132

2022 Value

35.4%

1 Year Growth

In 2022 Beal University had an average net price — the price paid after factoring in grants and loans — of $25,132. Between 2021 and 2022, the average net price of Beal University grew by 35.4%.

This chart compares the average net price of Beal University (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.

Financial Aid by Income Level

70%

Undergraduates Receiving Financial Aid through Grants

80%

Undergraduates Receiving Financial Aid through Loans

70% of undergraduate students at Beal University received financial aid through grants or loans in 2022. This represents a growth of 7.69% with respect to 2021, when 65% of undergraduate students received financial aid.

This chart compares the average award discount at Beal University (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.

1.45%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Beal University was 1.45%, which represents 2 out of the 138 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.

Enrollment

Beal University had a total enrollment of 400 students in 2022. The full-time enrollment at Beal University is 400 students and the part-time enrollment is 0. This means that 100% of students enrolled at Beal University are enrolled full-time.

The enrolled student population at Beal University, both undergraduate and graduate, is 79.8% White, 5.5% Black or African American, 4% Two or More Races, 2.5% Hispanic or Latino, and 0.5% American Indian or Alaska Native.

Students enrolled at Beal University in full-time Undergraduate programs are most commonly White Female (65.4%), followed by White Male (14.3%) and Black or African American Male (3.26%). Students enrolled in full-time Graduate programs are most commonly White Female (100%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Beal University in 2022, both undergraduate and graduate, is 400 students. The full-time enrollment at Beal University is 400 and the part-time enrollment is 0. This means that 100% of students enrolled at Beal University are enrolled full-time compared with N/A% at similar Associates Colleges.

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

Retention Rate over Time

38%

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 Beal University was 38%. Compared with the full-time retention rate at similar Associates Colleges (62%), Beal University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
319 enrolled students
Black or African American
22 enrolled students
Two or More Races
16 enrolled students

The enrolled student population at Beal University is 79.8% White, 5.5% Black or African American, 4% Two or More Races, 2.5% Hispanic or Latino, and 0.5% 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 Associates Colleges is 42.9% White, 27.9% Hispanic or Latino, and 12.5% 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, 30 students (7.5%) did not report their race.

Graduates

In 2022, 105 more women than men received degrees from Beal University. The most common race/ethnicity group of degree recipients at Beal University is white (160 degrees awarded). There were 32 times more white recipients than the next closest race/ethnicity group, two or more races (5 degrees).

The most common Associates Degree concentration at Beal University is Registered Nursing (79 degrees awarded), followed by General Business Administration & Management (9 degrees) and Health Information & Medical Records Technology (8 degrees).

In 2022, the most specialized majors across all degree types at Beal University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (26 degrees awarded), Health (128 degrees), and Business (19 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Beal University are Registered nurses (1,558,946 people), Accountants & auditors (1,077,214 people), Other managers (944,961 people), Software developers (698,774 people), and Financial managers (527,426 people).

The most specialized majors at Beal University in 2022 are Precision Production (26 degrees awarded), Health (128 degrees), Business (19 degrees), Protective Services (2 degrees), and Computer and Information Sciences and Support Services (0 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 Beal University are Surgeons, Physicians, Photographic process workers & processing machine operators, Cardiovascular technologists and technicians, and Architectural & engineering managers

The most specialized majors at Beal University are Precision Production (26 degrees awarded), Health (128 degrees), Business (19 degrees), Protective Services (2 degrees), and Computer and Information Sciences and Support Services (0 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Beal University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,280,605 people), Computer Systems Design (1,117,479 people), Elementary & secondary schools (909,299 people), Colleges, universities & professional schools, including junior colleges (790,838 people), and Banking & related activities (568,349 people).

Majors Awarded

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

Most Common (2022)

Registered Nursing
79 degrees awarded
General Business Administration & Management
9 degrees awarded
Health Information & Medical Records Technology
8 degrees awarded

In 2022, the most common associates degree concentration at Beal University was Registered Nursing with 79 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Beal University according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

140

Degrees Awarded to Women

in 2022

In 2022, 35 degrees were awarded to men at Beal University, which is 0.25 times less than the number of degrees awarded to females (140).

This chart displays the sex disparity between the top 5 majors at Beal University by degrees awarded.

Most Common Male Majors

In 2022, 21 degrees were awarded to men at Beal University in Welding Technology, which is 4.2 times more than the 5 female recipients with that same degree.

Most Common Female Majors

In 2022, 79 degrees were awarded to men at Beal University in Registered Nursing, which is 19.8 times more than the 4 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (50%)

The student demographic with the highest graduation rate in 2022 at Beal University is Male and American Indian or Alaska Native (50% graduation rate). Across all Associates 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
160 degrees awarded
Two or More Races
5 degrees awarded
Hispanic or Latino
4 degrees awarded

The most common race/ethnicity at Beal University is white (160 degrees awarded). There were 32 times more white recipients than the next closest race/ethnicity group, two or more races (5 degrees).

1.71% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
128 degrees awarded
White Male
32 degrees awarded
Two or More Races Female
4 degrees awarded

The most common race/ethnicity and sex grouping at Beal University is white female (128 degrees awarded). There were 4 times more white female recipients than the next closest race/ethnicity group, white male (32 degrees).

Operations

Beal University employs 15 Instructors. Most academics at Beal University are Female Instructor (11), and Male Instructor (4).

The most common positions for non-instructional staff at Beal University are: Business and Financial Operations, with 10 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 6 employees, and Sales and related with 5 employees.

Salary Expenditure

$3.1M

2022 Salaries

0.605%

decline from 2021

In 2022, Beal University paid a median of $3.1M in salaries, a 0.605% decline from the previous year. This is compared to a 37% growth between 2020 and 2021, and a 6.38% decline between 2019 and 2020.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$888k

Instructional Salaries

Number of Employees

In 2022, Beal University paid a total of $888k to 15 employees working as instructors, which represents 28.6% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

15 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

10 Employees

In 2022, the most common positions for instructional staff at Beal University was Instructor with 15 employees.

In 2022, the most common positions for non-instructional staff at Beal University were Business and Financial Operations with 10 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 6 employees, and Sales and related with 5 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Instructor
Male Instructor

In 2022, the most common demographic for instructional staff at Beal University was Female Instructor with 11 employees, and Male Instructor with 4 employees.

This chart shows the sex split between each academic rank present at Beal University.

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