I love this stuff…
Lets look at Freshman retention (and by association graduation rates):
I think several factors impact retention rate (and graduation rates).
The obvious point, is that UA has a significant % of OOS students, and they, due to being so far away from home, have a slightly greater chance to not return after their freshman year. Another is low stat (mostly in-state) students not being able to handle the academics.
I’m sure UA has already put in place strategies to integrate OOS students into campus and for making sure to only admit students able to handle the work load, identifying students, early, that need additional tutoring…etc. These may need to be expanded.
I think a problem that may be harder to resolve is cost. Unless you’re on a merit scholarship, UA can be expensive as compared to it’s peers (or other in-state options). Especially for low SES students.
UA
Average Net Price: $18,935
Avg Net Price by Income:
00,000-30,000: $17,957
30,001-48,000: $18,895
AU
Average Net Price: $18,500
Avg Net Price by Income:
00,000-30,000: $13,814
30,001-48,000: $16,053
The avg net Price for AU is about the same as UA, but it is much lower at AU for low SES students.
UGA
Average Net Price: $13,287
Avg Net Price by Income:
00,000-30,000: $ 8,558
30,001-48,000: $10,081
FSU
Average Net Price: $16,737
Avg Net Price by Income:
00,000-30,000: $12,737
30,001-48,000: $13,618
UF
Average Net Price: $14,786
Avg Net Price by Income:
00,000-30,000: $7,207
30,001-48,000: $7,587
AUB (another in-state option for Alabama students)
Average Net Price: $13,982
Avg Net Price by Income:
00,000-30,000: $12,453
30,001-48,000: $13,707
Average net price is generated by subtracting the average amount of federal, state/local government, or institutional grant or scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies, and the weighted average for room and board and other expenses
I believe cost is driving low SES students to transfer to other (in-state) lower cost schools. Losing your OOS scholarship will also drive out OOS students. (as well as academics, etc…)
**UA’s transfer rate is 24%, while AU’s is 21%, FSU is 7%, UGA is 6% and UF is 4%. **
Percentage of Full-time, First-Time Students Who Transferred Out Within 150% of “Normal Time” to Completion for Their Program
Cost (as one driver) >>> Transfer Rates >>> Freshman retention and Graduation rates
Cost will be a hard nut to crack. Saving $5K+ a year by transferring to AUB can be tempting, especially if you’re a low SES student…