Carolina College of Biblical Studies

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2022 Undergraduate Tuition
$5,976
3.32% growth from 2021
2022 Average Net Price
$15,448
After Financial Aid
2019 Default Rate
4.26%
on Student Loans
2022 Enrolled Students
152
32.9% Full-Time

About

Carolina College of Biblical Studies is a higher education institution located in Cumberland County, NC. In 2022, the most popular Associates Degree concentrations at Carolina College of Biblical Studies were Biblical Studies (15 degrees awarded) and Religious Education (1 degrees).

In 2022, 42 degrees were awarded across all undergraduate and graduate programs at Carolina College of Biblical Studies. 47.6% of these degrees were awarded to women, and 52.4% awarded men. The most common race/ethnicity group of degree recipients was black or african american (23 degrees), 1.35 times more than then the next closest race/ethnicity group, white (17 degrees).

The median undergraduate tuition at Carolina College of Biblical Studies is $5,976, which is $−8,965 less than the national average for Special Focus Institutions ($14,942).

Costs

In 2022, the median undergraduate tuition at Carolina College of Biblical Studies is $5,976, which is $−8,966 less than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $15,448.

In 2022, 80% of undergraduate students attending Carolina College of Biblical Studies received financial aid through grants. Comparatively, 36% of undergraduate students received financial aid through loans.

Tuition Costs

$5,976
2022 Undergraduate Tuition

In 2022, the cost of tuition at Carolina College of Biblical Studies was $5,976. The cost of tuition at Carolina College of Biblical Studies is $−8,966 less than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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Average Net Price

$15,448
2022 Value
21.5%
1 Year Growth

In 2022 Carolina College of Biblical Studies had an average net price — the price paid after factoring in grants and loans — of $15,448. Between 2021 and 2022, the average net price of Carolina College of Biblical Studies grew by 21.5%.

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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

$9,190
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Carolina College of Biblical Studies was of $9,190 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 $1,200. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

80%
Undergraduates Receiving Financial Aid through Grants
36%
Undergraduates Receiving Financial Aid through Loans

80% of undergraduate students at Carolina College of Biblical Studies received financial aid through grants or loans in 2022. This represents a growth of 25% with respect to 2021, when 64% of undergraduate students received financial aid.

This chart compares the average award discount at Carolina College of Biblical Studies (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.
4.26%
2019 Default Rate
2
Number of Defaults

In 2019 the default rate for borrower's at Carolina College of Biblical Studies was 4.26%, which represents 2 out of the 47 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

Carolina College of Biblical Studies had a total enrollment of 152 students in 2022. The full-time enrollment at Carolina College of Biblical Studies is 50 students and the part-time enrollment is 102. This means that 32.9% of students enrolled at Carolina College of Biblical Studies are enrolled full-time.

The enrolled student population at Carolina College of Biblical Studies, both undergraduate and graduate, is 52.6% Black or African American, 30.9% White, 9.87% Hispanic or Latino, 4.61% American Indian or Alaska Native, 1.32% Two or More Races, and 0.658% Asian.

Students enrolled at Carolina College of Biblical Studies in full-time Undergraduate programs are most commonly Black or African American Female (25%), followed by White Male (25%) and Black or African American Male (18.2%). Students enrolled in full-time Graduate programs are most commonly White Male (33.3%), followed by Black or African American Male (16.7%) and Hispanic or Latino Male (16.7%).

Full-Time vs Part-Time Enrollment

32.9%
Full-Time Enrollment

The total enrollment at Carolina College of Biblical Studies in 2022, both undergraduate and graduate, is 152 students. The full-time enrollment at Carolina College of Biblical Studies is 50 and the part-time enrollment is 102. This means that 32.9% of students enrolled at Carolina College of Biblical Studies 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 Carolina College of Biblical Studies (in red) compares to similar universities.

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Retention Rate over Time

50%
2019 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 Carolina College of Biblical Studies was 50%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Carolina College of Biblical Studies had a retention rate lower than its peers.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Black or African American
    80 enrolled students
  2. White
    47 enrolled students
  3. Hispanic or Latino
    15 enrolled students

The enrolled student population at Carolina College of Biblical Studies is 52.6% Black or African American, 30.9% White, 9.87% Hispanic or Latino, 4.61% American Indian or Alaska Native, 1.32% Two or More Races, and 0.658% Asian. 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 2022, 2 fewer women than men received degrees from Carolina College of Biblical Studies. The most common race/ethnicity group of degree recipients at Carolina College of Biblical Studies is black or african american (23 degrees awarded). There were 1.35 times more black or african american recipients than the next closest race/ethnicity group, white (17 degrees).

The most common Associates Degree concentration at Carolina College of Biblical Studies is Biblical Studies (15 degrees awarded), followed by Religious Education (1 degrees).

In 2022,  the most specialized majors across all degree types at Carolina College of Biblical Studies, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (42 degrees awarded).

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 Carolina College of Biblical Studies are Clergy (75,499 people), Elementary & middle school teachers (9,354 people), Other managers (6,962 people), Postsecondary teachers (4,622 people), and Education administrators (4,507 people).

The most specialized majors at Carolina College of Biblical Studies in 2022 are Theology (42 degrees awarded) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Carolina College of Biblical Studies are Cardiovascular technologists and technicians, Physicians, Diagnostic medical sonographers, Securities, commodities, & financial services sales agents, and Lawyers, & judges, magistrates, & other judicial workers

The most specialized majors at Carolina College of Biblical Studies are Theology (42 degrees awarded) (as of 2022).

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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 Carolina College of Biblical Studies are Religious organizations (82,746 people), Elementary & secondary schools (23,116 people), Colleges, universities & professional schools, including junior colleges (11,032 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,773 people), and Construction (8,294 people).

The most specialized majors at Carolina College of Biblical Studies are Theology (42 degrees awarded) (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 Carolina College of Biblical Studies.
Most Common (2022)
  1. 11 degrees awarded
  2. 6 degrees awarded
  3. 2 degrees awarded

In 2022, the most common bachelors degree concentration at Carolina College of Biblical Studies was Biblical Studies with 11 degrees awarded.

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

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Sex Breakdown for Common Majors

22
Degrees Awarded to Men
in 2022
20
Degrees Awarded to Women
in 2022

In 2022, 22 degrees were awarded to men at Carolina College of Biblical Studies, which is 1.1 times more than the number of degrees awarded to females (20).

This chart displays the sex disparity between the top 5 majors at Carolina College of Biblical Studies by degrees awarded.

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Most Common Male Majors

In 2022, 16 degrees were awarded to men at Carolina College of Biblical Studies in Biblical Studies, which is 1.14 times more than the 14 female recipients with that same degree.

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Most Common Female Majors

In 2022, 14 degrees were awarded to men at Carolina College of Biblical Studies in Biblical Studies, which is 0.875 times less than the 16 male recipients with that same degree.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Carolina College of Biblical Studies is Female and Black or African American (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 (2022)
  1. Black or African American
    23 degrees awarded
  2. White
    17 degrees awarded
  3. Hispanic or Latino
    1 degrees awarded

The most common race/ethnicity at Carolina College of Biblical Studies is black or african american (23 degrees awarded). There were 1.35 times more black or african american recipients than the next closest race/ethnicity group, white (17 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. Black or African American Female
    16 degrees awarded
  2. White Male
    13 degrees awarded
  3. Black or African American Male
    7 degrees awarded

The most common race/ethnicity and sex grouping at Carolina College of Biblical Studies is black or african american female (16 degrees awarded). There were 1.23 times more black or african american female recipients than the next closest race/ethnicity group, white male (13 degrees).

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Operations

Carolina College of Biblical Studies has an endowment valued at nearly $490k, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNk (−16%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Carolina College of Biblical Studies had a total salary expenditure of 1.31M. Carolina College of Biblical Studies employs 3 Professors. Most academics at Carolina College of Biblical Studies are Male Professor (3), and Female Professor (0).

The most common positions for non-instructional staff at Carolina College of Biblical Studies are: Management, with 3 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 1 employees.

Endowment

$490k
2022 Endowment
14%
decline from 2021

Carolina College of Biblical Studies has an endowment valued at about $490k, as of the end of the 2022 fiscal year. The endowment of Carolina College of Biblical Studies declined 14% from the previous year. The value of their endowment was $11.1M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Carolina College of Biblical Studies (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: Faith-Related Institutions Carnegie Classification grouping.

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Salary Expenditure

$811k
2022 Salaries
4.47%
decline from 2021

In 2022, Carolina College of Biblical Studies paid a median of $811k in salaries, which represents 61.7% of their overall expenditure ($1.31M) and a 4.47% 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

$49.5k
Instructional Salaries
3
Number of Employees

In 2020, Carolina College of Biblical Studies paid a total of $49.5k to 3 employees working as instructors, which represents 6.37% 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

Professor
Most Common Instructor
3 Employees
Management
Most Common Non-Instructional Employee
3 Employees

In 2020, the most common positions for instructional staff at Carolina College of Biblical Studies was Professor with 3 employees.

In 2022, the most common positions for non-instructional staff at Carolina College of Biblical Studies were Management with 3 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 1 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2020)
  1. Male Professor
  2. Female Professor

In 2020, the most common demographic for instructional staff at Carolina College of Biblical Studies was Male Professor with 3 employees, and Female Professor with 0 employees.

This chart shows the sex split between each academic rank present at Carolina College of Biblical Studies.

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