Alma College

Alma, MI · Private nonprofit · Graduate degree-granting

A private nonprofit institution in Alma, Michigan, accredited by the Higher Learning Commission, Alma College serves students across multiple degree programs. With 1,148 students, it is a small institution. Graduates earn a median of $54,742 ten years after enrollment, which is 34% above the national median of $40,747. The graduation rate is 63.3%. On the financial side, median graduate debt is $27,000, yielding an earnings-to-debt ratio of 2.03x. The average net price after financial aid is $20,694 per year. The most popular programs include Business Administration & Management, Teacher Education, Registered Nursing, Psychology, and Sports & Fitness.

Key Outcomes

Median Earnings (10yr)

$54,742

Graduation Rate

63.3%

Median Debt

$27,000

Average Net Price

$20,694

Earnings-to-Cost Ratio

0.66x

Earnings-to-Debt Ratio

2.03x

Admissions & Enrollment

Total Enrollment

1,148

Admission Rate

57.0%

Average SAT

Not reported

Retention Rate

85.0%

Cost

In-State Tuition

$49,552

Out-of-State Tuition

$49,552

Pell Grant Rate

27.0%

Federal Loan Rate

56.6%

Net Cost by Family Income

Income $0–$30K

$17,162

Income $30K–$48K

$18,009

Income $48K–$75K

$18,076

Income $110K+

$23,618

Student Demographics

Women

55.3%

White

77.3%

Black

6.0%

Hispanic

3.6%

Asian

0.9%

Two or More Races

2.7%

Student Loan Performance

Repayment Rate (3yr)

73.6%

Accreditations

Commission on Collegiate Nursing Education — Nursing (CNURED) - Nursing education programs at the baccalaureate degree levels (Accredited)
Higher Learning Commission — Institutional Accreditation (Accredited)
National Association of Schools of Music, Commission on Accreditation — Music (MUS) (Accredited)
Teacher Education Accreditation Council, Accreditation Committee — Baccalaureate Teacher Education Accreditation Council (BTEAC) - Baccalaureate programs (Accredited)

Programs (34)

Bachelor (24)

Program	Median Earnings	Completers
Business Administration & Management	$57,287	29
Teacher Education	$44,458	28
Registered Nursing	$80,386	26
Psychology	$52,280	23
Sports & Fitness	$63,641	22
Biology	Not reported	14
Natural Resources Conservation	Not reported	12
Marketing	$53,871	11
Radio, Television & Film	Not reported	9
Computer Science	Not reported	9
Chemistry	Not reported	9
History	Not reported	9
Neuroscience	Not reported	8
Political Science	Not reported	8
Accounting	$77,001	7
Fine Arts	Not reported	6
Health Services Administration	Not reported	6
English Language & Literature	$48,445	5
Music	Not reported	5
Communications	$53,947	4
Sociology	Not reported	4
Finance	Not reported	4
Physics	Not reported	3
Dance	Not reported	3

Master (1)

Program	Median Earnings	Completers
Rhetoric & Composition	Not reported	5

Show 9 additional programs with limited data

Program	Level	Completers
Education	Bachelor	2
Secondary Education	Bachelor	2
Biochemistry & Molecular Biology	Bachelor	2
Anthropology	Bachelor	2
Economics	Bachelor	2
Mathematics	Bachelor	1
Philosophy	Bachelor	1
Drama & Theater Arts	Bachelor	1
International Business	Bachelor	1