Alma College

Alma, Michigan

Private Nonprofit Town: Distant

Alma College is a private nonprofit institution in Alma, Michigan enrolling 1,148 students, according to the U.S. Department of Education College Scorecard. The acceptance rate is 57.0%. Graduates earn a median of $54,742 ten years after enrollment, based on U.S. Treasury tax records linked to federal financial aid data. The average net price after financial aid is $20,694. This profile includes admissions data, graduation rates, program-level earnings, and cost breakdowns to help students compare colleges using official federal data.

What the IPEDS & College Scorecard Data Shows for Alma College

Alma College operates as a private nonprofit institution located in Alma, Michigan (town: distant), with a total reported enrollment of 1,148 students of which 1,257 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Alma College is categorized as “22” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 57.0%, drawn from the most recent IPEDS Fall enrollment survey. The average net price after grants and scholarships is $20,694, with published in-state tuition of $49,552 and a Pell grant recipient share of 27.0%. Median federal student debt at graduation is $27,000, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 63.3%, and the first-year retention rate is 85.0%. Graduates earn a median of $54,742 ten years after enrolling, compared with $45,720 six years post-enrollment. Within three years of entering repayment, 67500.0% of borrowers are making progress on their federal loans, and 61.2% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.

Quick Facts

1,148
Total enrollment
57.0%
Acceptance rate
SAT average
63.3%
4-yr graduation rate
$54,742
10-yr median earnings
85.0%
First-year retention

Admissions

Admission Rate 57.0%

Costs & Financial Aid

Tuition & Net Price

In-State Tuition $49,552
Out-of-State Tuition $49,552
Average Net Price $20,694

Net Price by Family Income

$0 – $30,000 $17,162
$30,001 – $48,000 $18,009
$48,001 – $75,000 $18,076
Over $110,000 $23,618
27.0%
Pell Grant Rate
56.6%
Federal Loan Rate
$27,000
Median Debt
$286/mo
Monthly Payment

Student Demographics

White 77.3%
African American 6.0%
Hispanic or Latino 3.6%
Asian 0.9%
American Indian or Alaska Native 0.4%
Pacific Islander 0.1%
Two or More Ethnicities 2.7%
International 5.7%
55.3%
Female
24.1%
First Generation

Outcomes

63.3%
4-Year Completion Rate
85.0%
Retention Rate
$45,720
Median Earnings (6yr)
$54,742
Median Earnings (10yr)
61.2%
Earning Over $25K
67500.0%
Loan Repayment (3yr)

Programs & Earnings

Program Credential Completers Median Earnings Median Debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing Bachelor's 21 $80,386
Accounting and Related Services Bachelor's 13 $77,001
Sports, Kinesiology, and Physical Education/Fitness Bachelor's 31 $63,641 $27,000
Business Administration, Management and Operations Bachelor's 21 $57,287 $27,000
Communication and Media Studies Bachelor's 12 $53,947
Marketing Bachelor's 11 $53,871
Psychology, General Bachelor's 40 $52,280 $26,423
English Language and Literature, General Bachelor's 14 $48,445 $27,000
Teacher Education and Professional Development, Specific Levels and Methods Bachelor's 22 $44,458 $29,000
Biology, General Bachelor's 19 $25,596 $27,000

Frequently Asked Questions

What are the admissions statistics for Alma College?
Alma College is a private nonprofit institution in Alma, Michigan. The acceptance rate is 57.0%. Total enrollment is 1,148 students.
How much do Alma College graduates earn?
Graduates of Alma College earn a median of $54,742 ten years after enrollment. Six years after enrollment, median earnings are $45,720.
How much does Alma College cost?
The average net price at Alma College is $20,694. In-state tuition is $49,552 and out-of-state tuition is $49,552. Median student debt at graduation is $27,000.
What is the graduation rate at Alma College?
Alma College has a 4-year completion rate of 63.3%. The first-year retention rate is 85.0%.
Is Alma College worth the student debt?
The median student debt at Alma College is $27,000, while graduates earn a median of $54,742 ten years after enrollment. That debt represents about 49% of first-year post-graduation earnings. 67500.0% of borrowers are repaying their loans within 3 years. Estimated monthly loan payment is $286.

Data Sources

Data as of 2024-25 academic year. Source: U.S. Department of Education College Scorecard.

Primary: U.S. Department of Education, College Scorecard. Data reflects most recent available year.

Institutional characteristics: IPEDS (Integrated Postsecondary Education Data System) institutional characteristics file.

Earnings: Median earnings 6 and 10 years after enrollment, from U.S. Treasury tax records linked to federal student aid data.

Program data: Credential-level earnings from the College Scorecard Field of Study dataset.

All federal data sources used on this page

Earnings data sourced from IRS records via the U.S. Treasury–Department of Education matching used by the College Scorecard.