Olney Central College

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2022 Undergraduate Tuition
$3,200
2022 Average Net Price
$4,687
After Financial Aid
2019 Default Rate
3.94%
on Student Loans
2022 Enrolled Students
869
53.4% Full-Time
2022 Graduation Rate
59.2%
132 Graduates

About

Olney Central College is a higher education institution located in Richland County, IL. In 2022, the most popular Associates Degree concentrations at Olney Central College were Liberal Arts & Sciences (122 degrees awarded), Registered Nursing (80 degrees), and General Studies (30 degrees).

In 2022, 469 degrees were awarded across all undergraduate and graduate programs at Olney Central College. 68.2% of these degrees were awarded to women, and 31.8% awarded men. The most common race/ethnicity group of degree recipients was white (440 degrees), 33.8 times more than then the next closest race/ethnicity group, two or more races (13 degrees).

The median undergraduate tuition at Olney Central College is $3,200, which is $−4,912 less than the national average for Associates Colleges ($8,112).

In 2019 the default rate for borrower's at Olney Central College was 3.94%, corresponding to 14 out of the 355 total borrowers.

Costs

In 2022, the median undergraduate tuition at Olney Central College is $3,200, which is $4,912 less than the national average for Associates Colleges ($8,112).

After taking grants and loans into account, the average net price for students is $4,687.

In 2022, 94% of undergraduate students attending Olney Central College received financial aid through grants. Comparatively, 7% of undergraduate students received financial aid through loans.

Tuition Costs

$3,200
2022 Undergraduate Tuition

In 2022, the cost of tuition at Olney Central College was $3,200. The cost of tuition at Olney Central College is $−4,912 less than than the overall (public and private) national average for Associates Colleges ($8,112).

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Average Net Price

$4,687
2022 Value
25.9%
1 Year Growth

In 2022 Olney Central College had an average net price — the price paid after factoring in grants and loans — of $4,687. Between 2021 and 2022, the average net price of Olney Central College grew by 25.9%.

This chart compares the average net price of Olney Central 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.

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Other Student Expenses

$6,872
Room and Board
$946
Books and Supplies

The average yearly cost of room and board at Olney Central College was of $6,872 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $946. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

94%
Undergraduates Receiving Financial Aid through Grants
7%
Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Olney Central College received financial aid through grants or loans in 2022. This represents a growth of 5.62% with respect to 2021, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Olney Central 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.

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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.
3.94%
2019 Default Rate
14
Number of Defaults

In 2019 the default rate for borrower's at Olney Central College was 3.94%, which represents 14 out of the 355 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

Olney Central College had a total enrollment of 869 students in 2022. The full-time enrollment at Olney Central College is 464 students and the part-time enrollment is 405. This means that 53.4% of students enrolled at Olney Central College are enrolled full-time.

The enrolled student population at Olney Central College, both undergraduate and graduate, is 81.7% White, 2.88% Hispanic or Latino, 1.61% Black or African American, 1.61% Two or More Races, 1.5% Asian, 0.46% American Indian or Alaska Native, and 0.23% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Olney Central College in full-time Undergraduate programs are most commonly White Female (47%), followed by White Male (38.8%) and Hispanic or Latino Male (1.94%).

Full-Time vs Part-Time Enrollment

53.4%
Full-Time Enrollment

The total enrollment at Olney Central College in 2022, both undergraduate and graduate, is 869 students. The full-time enrollment at Olney Central College is 464 and the part-time enrollment is 405. This means that 53.4% of students enrolled at Olney Central College are enrolled full-time compared with N/A% at similar Associates Colleges.

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Retention Rate over Time

66%
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 Olney Central College was 66%. Compared with the full-time retention rate at similar Associates Colleges (62%), Olney Central College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    710 enrolled students
  2. Hispanic or Latino
    25 enrolled students
  3. Black or African American
    14 enrolled students

The enrolled student population at Olney Central College is 81.7% White, 2.88% Hispanic or Latino, 1.61% Black or African American, 1.61% Two or More Races, 1.5% Asian, 0.46% American Indian or Alaska Native, and 0.23% 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 Associates Colleges is 42.9% White, 27.9% Hispanic or Latino, and 12.5% Black or African American.

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Graduates

In 2022, 171 more women than men received degrees from Olney Central College. The most common race/ethnicity group of degree recipients at Olney Central College is white (440 degrees awarded). There were 33.8 times more white recipients than the next closest race/ethnicity group, two or more races (13 degrees).

The most common Associates Degree concentration at Olney Central College is Liberal Arts & Sciences (122 degrees awarded), followed by Registered Nursing (80 degrees) and General Studies (30 degrees).

In 2022,  the most specialized majors across all degree types at Olney Central College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Mechanical Technologies (63 degrees awarded), Liberal Arts & Humanities (171 degrees), and Precision Production (11 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Olney Central College are Registered nurses (1,429,153 people), Medical & health services managers (165,477 people), Elementary & middle school teachers (149,569 people), Physicians (144,718 people), and Nurse practitioners & nurse midwives (143,954 people).

The most specialized majors at Olney Central College in 2022 are Mechanical Technologies (63 degrees awarded), Liberal Arts & Humanities (171 degrees), Precision Production (11 degrees), Health (192 degrees), and Personal & Culinary Services (9 degrees) (as of 2022).

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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 Olney Central College are Surgeons, Chief executives & legislators, Skincare specialists, Broadcast announcers and radio disc jockeys, and Physicians

The most specialized majors at Olney Central College are Mechanical Technologies (63 degrees awarded), Liberal Arts & Humanities (171 degrees), Precision Production (11 degrees), Health (192 degrees), and Personal & Culinary Services (9 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Olney Central College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,588,104 people), Elementary & secondary schools (415,285 people), Outpatient care centers (269,888 people), Offices of physicians (229,724 people), and Colleges, universities & professional schools, including junior colleges (199,707 people).

The most specialized majors at Olney Central College are Mechanical Technologies (63 degrees awarded), Liberal Arts & Humanities (171 degrees), Precision Production (11 degrees), Health (192 degrees), and Personal & Culinary Services (9 degrees) (as of 2022).

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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 Olney Central College.
Most Common (2022)
  1. 122 degrees awarded
  2. 80 degrees awarded
  3. 30 degrees awarded

In 2022, the most common associates degree concentration at Olney Central College was Liberal Arts & Sciences with 122 degrees awarded.

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

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Sex Breakdown for Common Majors

149
Degrees Awarded to Men
in 2022
320
Degrees Awarded to Women
in 2022

In 2022, 149 degrees were awarded to men at Olney Central College, which is 0.466 times less than the number of degrees awarded to females (320).

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

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Most Common Male Majors

In 2022, 53 degrees were awarded to men at Olney Central College in Liberal Arts & Sciences, which is 0.602 times less than the 88 female recipients with that same degree.

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Most Common Female Majors

In 2022, 88 degrees were awarded to men at Olney Central College in Liberal Arts & Sciences, which is 1.66 times more than the 53 male recipients with that same degree.

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Time to Complete

43%
100% Completion Time
57%
150% Completion Time

In 2022, 43% of students graduating from Olney Central College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 58% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates 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.

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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 2022 at Olney Central College is Male and Two or More Races (100% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    440 degrees awarded
  2. Two or More Races
    13 degrees awarded
  3. Asian
    6 degrees awarded

The most common race/ethnicity at Olney Central College is white (440 degrees awarded). There were 33.8 times more white recipients than the next closest race/ethnicity group, two or more races (13 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    301 degrees awarded
  2. White Male
    139 degrees awarded
  3. Two or More Races Female
    8 degrees awarded

The most common race/ethnicity and sex grouping at Olney Central College is white female (301 degrees awarded). There were 2.17 times more white female recipients than the next closest race/ethnicity group, white male (139 degrees).

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Operations

Olney Central College employs 20 Professors, 12 No academic ranks and 7 Assistant professors. Most academics at Olney Central College are Female Professor (15), Female No academic rank (9), and Male Professor (5).

The most common positions for non-instructional staff at Olney Central College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 10 employees, Service, with 8 employees, and Management with 5 employees.

Salary Expenditure

$5.21M
2022 Salaries
9.51%
growth from 2021

In 2022, Olney Central College paid a median of $5.21M in salaries, a 9.51% growth from the previous year. This is compared to a 5.39% decline between 2020 and 2021, and a 0.419% decline between 2019 and 2020.

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

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Instructional Salaries

$2.57M
Instructional Salaries
40
Number of Employees

In 2022, Olney Central College paid a total of $2.57M to 40 employees working as instructors, which represents 49.3% of all salaries paid.

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

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Occupations by Share

Professor
Most Common Instructor
20 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
10 Employees

In 2022, the most common positions for instructional staff at Olney Central College were Professor with 20 employees, No academic rank with 12 employees, and Assistant professor with 7 employees.

In 2022, the most common positions for non-instructional staff at Olney Central College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 10 employees, Service with 8 employees, and Management with 5 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female Professor
  2. Female No academic rank
  3. Male Professor

In 2022, the most common demographic for instructional staff at Olney Central College was Female Professor with 15 employees, Female No academic rank with 9 employees, and Male Professor with 5 employees.

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

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