Alfred University

Overview of Alfred University

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Alfred University is a private, not-for-profit institution with no connection to a religious tradition. Alfred U. was founded in 1836, so it’s been around for more than 200 years. The student population isn’t much bigger than that of a high school, with just under 2,400 enrolled in any given year. The university provides campus housing, so you and your fellow students will live in dorms rather than having to find accommodations in the surrounding city. Alfred University offers degrees to candidates at the bachelor’s, master’s, and doctoral levels and also offers post-master’s certificates.

Top Rankings For Alfred University

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Admissions

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Tuition Cost & Financial Aid

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The total price refers to the amount that you and your parents pay for you to attend Alfred University. This includes tuition, books, supplies, room and board, and other costs. This averages out to around $50,900. However, you may not have to pay for all of this. Financial aid could cover more than half, depending on what you’re eligible for.

In a recent academic year, the average net price was $21,646. If you’re interested in how much you might pay based on eligibility for financial aid, you can look at a breakdown of how much family’s paid based on their income, which is how financial aid is generally meted out. Some points of that breakdown can be seen below.

The entire freshman class qualified for financial aid in a recent year. All 436 first year students received grants and scholarships averaging $23,160 and each student also qualified for institutional grants and scholarships at an average of $18,618.

Sticker Price

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Academics

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The most popular degree programs offered are engineering; visual and performing arts; business, management, marketing and related support services; psychology; and biological and biomedical sciences.

With a student population of less than 2,400, the student-to-faculty ratio should be fairly low. At Alfred University, this is a low 12 to 1. This means it shouldn’t be too hard for you to go see a professor about a class.

You and your fellow freshmen will also decide during the year whether you are going to continue attending Alfred University or transfer elsewhere. If you decide to stay for your second year, you’ll become a part of the retention rate, which is about average at 73%.

The 4-year graduation rate is 43% and the 6-year rate is 57%. This shows that students may not graduate in the expected amount of time; this may be for several reasons, such as finances or a family emergency. Either way, this is somewhat below the national average.

You may find that you need to work so you can pay for something such as your car, an insurance premium, or your phone plan. Whether that work is on campus or off, you may find that one of your classes conflicts with your employment. Luckily, if you check with your advisor, you may find that you can take some classes in the evening or online. There are some opportunities for flexibility here.

Student Population Total

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Outcome & Salary

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Let’s say you just walked for your graduation. If you’re lucky and hard-working before you leave school, you’ll likely be accepting a job in your degree field soon. You can look forward to a decent salary based on previous graduates. Graduate’s salaries are usually about $52,700 in their early career after graduating from Alfred University. And their mid-career salaries are closer to $97,900.

A 4-year education at this school costs around $86,600. This number will be important if you want to calculate your return on investment (ROI) based on your potential income. A graduate’s 10-year salary earning potential is $655,480 and their 20-year earning potential is $1,634,480. After deducting the cost of education, their 10-year projected ROI is $568,896 and their 20-year projected ROI is $1,547,896.

High school graduates who find jobs will earn something but it will usually not be comparable to the income of a college graduate. The national average salary of a high school graduate is $38,792. This makes their 10-year projected income $387,920 and their 20-year projected income $775,840.

Photos & Videos

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