Nichols College Reviews and Ranking Awards

Dudley, Massachusetts

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Nichols College is a small, private college founded in 1815, and it is located in Dudley, Massachusetts, which is near the Connecticut and Rhode Island borders. The student population consists of around 1,600 students, of which almost 85% are undergraduates. Most students attend Nichols to pursue leadership roles in education and business. Programs are all geared toward learning approaches that will result in career opportunities and a professional-based education.


Overview of Nichols College


The central focus of courses is also about experiential business learning practices and research so that students are career ready upon graduation. Students will also learn cultural and ethical behavior, communication skills, decision-making capabilities, and critical thinking. Programs help expose students to working in diverse environments and the realities of a global economy. To ensure students receive the best in education, the college and various programs are accredited by highly regarded organizations such as the NEASC, IACBE and COSMA.

For a complete college experience, Nichols offers amenities, resources, and programs outside of traditional classroom attendance. Dozens of organizations and clubs are available for students to show an interest in personal and professional development. Outward bound programs are available for leadership development and self-growth opportunities. Students can participate in athletics, from squash to climbing walls. Community service is highly encouraged throughout the duration of attending Nichols College and there is even a functional trading room.

General Information


School Type Private not-for-profit
Campus Setting Suburb: Large
Campus Housing Yes
Student Faculty Ratio 17:1
Graduation Rate 59%
Year Founded 1815

Student Enrollment


Total Students1,592

Undergraduate
1,322
Graduate
270

Undergraduate Student

Male 820
820
Female 502
502

Graduate Student

Male 167
167
Female 103
103

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Top Rankings For Nichols College


Nichols College Reviews


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Admissions


APPLICATIONS2,488

Male 1,658
Female 830

ACCEPTANCE1,990

Male 1,326
Female 656

Acceptance Rate80%

Male 80%
Female 79%

Enrollment 338

Male   61
Female   54
Admissions
Application Fee NA
High School GPA Required
High School Rank NA
High School Transcripts Recommended
College Prep Courses Recommended
Recommendations Recommended
SAT/ACT Recommended
TOEFL (Test of English as a Foreign Language) Recommended
Application Deadline December 1
Common Application Accepted Yes

Tuition Cost & Financial Aid


As with many small, private colleges, Nichols is more expensive than state, public schools. One year’s tuition is $35,940 for all students. Around 91% of students receive financial assistance in some form, from scholarships to grants, as a way to supplement the cost of higher learning. With the help of student loans and other financial aid, the net price average lowers to $28,532. Additional finances will be necessary to pay for room and board, class fees, supplies and books - at around $18,000 a year.

It’s possible to lower the amount of money borrowed to attend college by working at the same time as taking classes. Some students choose work study, part-time jobs, or full-time jobs. Today, most internships are paid, as well. However, you should make sure not to forget to account for the amount of money one might require for entertainment and lifestyle expenses each year such as movies, streaming, eating out, delivery fees, taxes, transportation, and more.

Average net price 2018-2019
Net Price $28,532
Average Total Aid $23,135
Students Receiving Financial Aid 100%
Room & Board $14,250

Sticker Price


  • Tuition In-State - $35,940
  • Tuition Out-of-State - $35,940
  • Books and Supplies - $1,400
  • Room & Board - $14,250
  • Other - $2,200

Academics


Those who are students at Nichols can expect a wide array of major offerings under the BSBA program including corporate finance and investments, digital and social media marketing, sport management, international business, human resource management, criminal justice management, and more. A Bachelor of Arts is also available in various majors such as history, psychology, economics, mathematics, professional development, and others.

In addition to bachelor’s degrees, students can select from minors and master’s degrees. Certificates are available as a way to provide extra professional value in various areas, such as entrepreneurship and analytics. It’s even possible to complete accelerated dual degree programs including 3+1 MSA, 4+1 MBA, and a 4+1 MSA. These programs offer study abroad opportunities, and program participants save time and money by completing both a bachelor’s degree and master’s degree at the same time. Some students also choose dual undergraduate degrees.

The retention rate is 75%, which is reasonable. However, the graduation rates for four years and six years are somewhat lower than average at 52% and 59% respectively. And, for a small school, the student-to-faculty ratio is a bit high at 17 to 1. It is possible that part of the reason for low graduation rates might be that students determine business is not the right career path for them. As a result, they might transfer to a school with more diverse academic offerings. Another reason could be that students have full-time jobs while they complete courses.

Student Population Total


Student Population 1,592

Undergraduate
1,322
Graduate
270
Evening Classes : Yes
Online Learning : Yes

Most Popular Programs & Majors

(# of Diplomas Awarded by Subject)


All Business Majors 193 Total Graduates / 69%
Business/Commerce, General 68 Graduates
Marketing/Marketing Management, General 35 Graduates
Accounting 32 Graduates
Finance, General 18 Graduates
Parks, Recreation, Leisure, and Fitness Studies 39 Total Graduates / 14%
Sport and Fitness Administration/Management 39 Graduates
Homeland Security, Law Enforcement, Firefighting and Related Protective Services 24 Total Graduates / 9%
Criminal Justice/Safety Studies 13 Graduates
Criminal Justice/Law Enforcement Administration 11 Graduates
All Psychology Majors 14 Total Graduates / 5%
Psychology, General 14 Graduates
History 3 Total Graduates / 1%
History, General 3 Graduates
English Language and Literature/Letters 3 Total Graduates / 1%
English Language and Literature, General 3 Graduates
All Other Diplomas 1%

Outcome & Salary


As part of the pathway to success, all students will have the requirement of participating in experiential learning opportunities or internships. Students will also give dozens of presentations over the years and receive assistance with interviews, resumes, and cover letters. To perfect their career readiness, students will also engage and participate in student clubs and organizations along with community activities. The clubs and organizations are available for both personal and professional interests including sports, academics, dance, games, meditation, special interests, and more.

Essential skill development will also be achieved through education and experiences at Nichols to function positively in today’s global society including communication, critical thinking, quantitative analysis, ethics and personal accountability, civic and social engagement, leadership, teamwork, and more. Career services will help students to find the right employers through career fairs, internships, and professional development. Just a few of the employers that attend such events and hire graduates are the FBI, IBM, Aetna, Fidelity Investments, New York Red Bulls, and the Kraft Group.

Graduates Salary
College Grads Early Career Salary $51,900
College Grads Average Salary $66,044
College Grads Mid Career Salary $93,200
Return on Investment (ROI)
10 Year Salary Earnings Potential $660,440
20 Year Salary Earnings Potential $1,592,440
Cost of Education (Net Price) 4 Year $114,128
10 Year Projected ROI $546,312
20 Year Projected ROI $1,478,312
No Colleage Education Salary Comparison
National Average Salary $37,960
10 Year Projected Income $379,600
20 Year Projected Income $759,200

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