Beloit College
Beloit, WI 53511-5595 — Private Nonprofit
Value Score: 65/100 | ROI Score: -78 | Affordability Score: 35/100
Tuition (In-State): $60,886 | Out-of-State: $60,886
Acceptance Rate: 63.0% | Graduation Rate: 68.9% | Retention Rate: 80.6%
Median Earnings (10yr): $53,260 | Median Debt: $25,738
SAT Average: 1287 | ACT Midpoint: 26
Student Body Size: 926 (small)
Pell Grant Recipients: 29.6% | Federal Loan Rate: 53.7%
Average Faculty Salary: $7,725/month
Tuition & Affordability Analysis
In-state tuition at Beloit College is $60,886 per year, which is 55% above the national average for private institutions.
Out-of-state students pay $60,886/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $243,544 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Beloit College:
- Families earning $0–$30,000: $15,176/year
- Families earning $30,001–$48,000: $16,482/year
- Families earning $48,001–$75,000: $18,028/year
- Families earning $75,001–$110,000: $22,781/year
- Families earning $110,000+: $27,871/year
Low-income families receive an average discount of $45,710/year, paying just 25% of the sticker price.
Admissions Snapshot
Beloit College has an acceptance rate of 63.0%, placing it in the Moderately Selective (50–70%) category. This means roughly 367 students apply each year.
The average SAT score of admitted students is 1287, 21% above the national average. This reflects a strong academic student body.
The ACT midpoint is 26, 24% above the national average.
Graduate Outcomes & Return on Investment
68.9% of students at Beloit College complete their degree, 11% above the national average. This is a solid graduation rate.
First-year retention rate: 80.6% (near the national average). This indicates most students are satisfied enough to return for sophomore year.
Graduates of Beloit College earn a median salary of $53,260 ten years after enrollment, 30% above the national average. This represents a $18,260/year earnings premium over the average high school diploma holder, or $547,800 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $25,738, 20% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $279/month, with a total repayment of $33,480 (including $7,742 in interest).
Debt-to-Earnings Ratio: 0.48x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Beloit College pays for itself in approximately 14 years. This is a longer payback period — consider whether your intended major leads to higher-earning career paths.
Financial Aid Profile
29.6% of students at Beloit College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 10% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.
53.7% of students take federal loans, 14% above the national average. This is a moderate borrowing rate.
Average faculty salary: $7,725/month, 11% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Beloit College enrolls 926 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 68/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 53%, Hispanic 18%, Black 8%, Asian 2%.
Beloit College: Strong Academics and Earnings Potential, High Tuition
- Beloit College: A Liberal Arts Foundation with a Midwestern Career Launchpad
- Beyond the Classroom: Beloit College's Path to Meaningful Careers and Graduate Success
- Is Beloit College Worth the Investment? Analyzing the ROI of a Midwestern Liberal Arts Education
Report Card: Overall Grade D
Beloit College receives an overall grade of D based on six dimensions:
- Academics: C
- Value: F
- Outcomes: C+
- Affordability: D
College Analysis
Beloit College is a Private Nonprofit institution in Beloit, WI with approximately 926 students. Beloit College offers a strong academic environment with a high graduation rate and decent earnings potential. The college has a diverse student body, with a significant portion of students from minority backgrounds. While the tuition is high, the earnings potential after graduation is relatively good, making it a potentially worthwhile investment. The college's affordability score is low, indicating that it may not be the most cost-effective option for all students.
The Verdict: Is Beloit College Worth It?
Beloit College presents a complex value proposition. With an out-of-state tuition of $60,886 and a median 10-year earnings of $53,260, there's an immediate disconnect between the cost of education and the typical alumni income. The median debt of $25,738, while not excessively high, adds to the financial burden. The ROI score of -78 strongly suggests that, on average, graduates do not recoup their investment within a typical timeframe, and may struggle to surpass their earnings potential had they chosen a less expensive path. The cost of attendance significantly exceeds the median alumni earnings, indicating that this is not a financially straightforward investment. While Beloit offers a strong liberal arts education and potential for personal growth, the financial return is a significant concern. For students who can secure substantial financial aid or scholarships, the value proposition improves. However, for those paying full price or relying heavily on loans, Beloit College appears overpriced based on median earnings data. It is not a hidden gem from a financial ROI perspective; rather, it's a school where the cost of admission is high relative to the average financial outcomes. Recommendation: Proceed with extreme caution if relying on future earnings to repay debt. Prioritize securing significant institutional aid.
Return on Investment
While the degree from Beloit College is valuable, the high tuition may not provide a strong return on investment for all students.
Debt Reality Check
Median student debt at Beloit College: $25,738. Monthly payment on a standard 10-year plan: $292/month. Total repaid: $35,040 ($9,302 in interest).
Breakeven vs high school diploma: 1.1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $35,040.
Strengths
- Strong academic environment
- High graduation rate
- Decent earnings potential
- Diverse student body
Weaknesses
- High tuition
- Low affordability score
- Limited extracurricular activities compared to larger institutions
Academic Profile
SAT Average: 1287. ACT Midpoint: 26. Retention Rate: 80.6%.
Beloit College prides itself on a liberal arts education that emphasizes critical thinking, interdisciplinary exploration, and hands-on learning. While the college offers a broad range of majors, certain departments consistently shine, including English, Political Science, and Biology. The unique 'Beloit Plan' is central to its academic identity, encouraging students to engage in experiential learning through internships, research, and study abroad, often integrated into their curriculum. This plan is designed to help students discover their passions and develop practical skills.
Research opportunities are abundant, with many students working closely with faculty mentors on projects that can lead to presentations at conferences or even co-authored publications. The student-faculty ratio is typically low, fostering personalized attention and mentorship. While specific faculty salary data isn't publicly available, the college's commitment to attracting and retaining high-quality educators in a liberal arts setting suggests a dedicated faculty. Beloit also offers a robust Honors Program for academically distinguished students, providing advanced coursework and research opportunities.
Study abroad is strongly encouraged and well-supported, with numerous programs available worldwide, often designed to complement students' academic pursuits. Academic support is comprehensive, including tutoring services, writing centers, and dedicated advisors who help students navigate their academic journey and the Beloit Plan. The college's emphasis on self-discovery and intellectual rigor means students are challenged to think deeply and connect their learning across disciplines, preparing them for a wide array of post-graduation paths.
Financial Aid Guide for Beloit College
Pell Grant recipients: 29.6%. Students taking federal loans: 53.7%.
Navigating financial aid at Beloit College requires understanding its commitment to making a liberal arts education accessible. As a private institution, Beloit relies heavily on a combination of institutional aid (merit and need-based) and federal aid to support its students. The stated tuition of $60,886 is the starting point, but very few students pay this full amount. Beloit is known for offering substantial institutional aid, particularly need-based grants, which can significantly reduce the net cost of attendance for eligible families.
Merit scholarships are also available, awarded based on academic achievement, though specific criteria and amounts can vary. It's crucial for prospective students to complete the FAFSA (Free Application for Federal Student Aid) and the CSS Profile to be considered for all types of aid. For families with an Expected Family Contribution (EFC) below $10,000, the average grant aid might cover a substantial portion of tuition and fees, potentially bringing the net cost down to $20,000-$30,000 or even less. For middle-income families, aid packages often include a mix of grants and loans, with net tuition potentially ranging from $30,000 to $45,000. Work-study opportunities are also common, providing students with part-time jobs on campus to help cover living expenses.
While Beloit is generally considered generous with need-based aid, negotiating aid packages can be challenging. The college aims to meet a significant portion of demonstrated need, but they typically do not engage in extensive bidding wars. However, if you have a competing offer from a similarly ranked institution or a significant change in your family's financial circumstances, presenting this information respectfully to the financial aid office might lead to a review. Scholarship applications should be submitted early, and students should actively seek external scholarships to supplement their aid package. The average debt upon graduation is around $25,738, which is moderate for a private liberal arts college, suggesting that aid packages are often effective in managing costs.
Hidden Costs at Beloit College
- Meal Plans: While a standard meal plan is included in the comprehensive fee, students often opt for upgraded plans or additional dining dollars, which can add $500-$1,500 per academic year.
- Textbooks and Supplies: Budget approximately $1,000-$1,500 annually for textbooks, course materials, and other academic supplies, though used books or rentals can mitigate this.
- Personal Expenses: Allow $1,000-$2,000 per year for personal items, laundry, entertainment, and other miscellaneous spending.
- Transportation: Depending on your home location and travel needs, costs for flights, gas, or train tickets home for breaks can range from $300-$1,000+ annually.
- Technology Fees: While not always a separate line item, ensure your laptop and necessary software are up-to-date, potentially costing $500-$1,000 upfront or over time.
- Activity Fees: Some specialized clubs or organizations may have additional dues or fees for events, ranging from $50-$200 annually.
- Health Insurance: If you are not covered by a parent's plan, Beloit's student health insurance plan can cost around $2,000-$3,000 per academic year.
Alumni Outcomes & Career Paths
Beloit College, a small liberal arts institution, positions its graduates for a diverse range of career paths, though specific employer recruitment data is not as robust as at larger universities. Alumni tend to cluster in fields that value critical thinking, communication, and interdisciplinary approaches, common strengths of a liberal arts education. Key industries where Beloit graduates find success include education, non-profit management, marketing and communications, and various professional services. While specific major employer lists are not readily available, common destinations for graduates often include regional businesses and organizations in the Midwest, as well as national non-profits and educational institutions. For instance, alumni might be found in roles at organizations like the YMCA, local school districts, or marketing agencies in Chicago. Graduate school placement rates are generally strong, with a significant portion of students pursuing advanced degrees in fields such as law, psychology, and the arts. Notable alumni include figures like actor and director Ken Kwapis, and former U.S. Secretary of Education Richard Riley, underscoring the potential for significant impact. Beloit's career services are designed to foster these outcomes through personalized advising, resume workshops, and networking events. The college emphasizes experiential learning, with internship pipelines often cultivated through alumni connections and dedicated career services support. Students frequently intern at organizations in nearby urban centers like Madison and Milwaukee, or leverage the college's network for opportunities in larger hubs like Chicago. Geographic hiring patterns show a tendency for graduates to remain in the Midwest, particularly in Illinois, Wisconsin, and Minnesota, though opportunities in coastal cities are also pursued by a segment of the alumni base.
Campus Life & Culture at Beloit College
Beloit College attracts a diverse student body with a significant mix of students from across the United States and internationally, fostering a rich cultural exchange. Students who thrive here are typically intellectually curious, open-minded, and eager to engage deeply with their studies and the campus community, valuing a personalized liberal arts experience.
Beloit College cultivates a vibrant, close-knit community where intellectual curiosity and social engagement go hand-in-hand. With a student body of just over 900, the campus vibe is decidedly personal, fostering strong relationships among students and with faculty. The heart of campus life often revolves around the Powerhouse, a stunningly renovated former power plant that now serves as a central hub for dining, recreation, and student activities. It’s a testament to Beloit’s commitment to innovative use of space and community building.
Social life isn't dominated by Greek life, though a few fraternities and sororities do exist and offer their own social calendars. Instead, you'll find a rich tapestry of student organizations catering to diverse interests, from the student-run radio station WBCR to the environmental club and numerous academic societies. Weekends might involve attending a campus event, exploring downtown Beloit with its burgeoning arts and food scene, or simply gathering with friends in common spaces.
Residential life is a key component of the Beloit experience, with most students living on campus throughout their four years. Options range from traditional residence halls to apartment-style living and even unique houses like the International House. This encourages a strong sense of belonging and shared experience. Dining is primarily handled through the main dining hall in the Powerhouse, offering a variety of options to suit different tastes and dietary needs.
Athletics, while not a primary focus for all students, are an integral part of campus spirit. Beloit competes in NCAA Division III, with popular sports including football, basketball, and soccer. The 'Beloit Belt' tradition, where winning teams get to keep a ceremonial belt, adds a fun competitive edge. Overall, Beloit offers a supportive, engaging, and intellectually stimulating environment where students are encouraged to explore their passions both inside and outside the classroom.
Campus Highlights
- The Powerhouse: A stunningly renovated former power plant serving as a modern hub for dining, recreation, and student life.
- The Beloit Plan: A unique academic framework emphasizing experiential learning, internships, and self-discovery.
- Close-Knit Community: A small student body fosters strong personal connections with peers and faculty.
- Global Engagement: Strong emphasis and support for study abroad programs integrated into the curriculum.
- Historic Campus Architecture: Beautiful, traditional buildings set amidst a well-maintained campus.
- Downtown Beloit Renaissance: Proximity to a revitalized downtown area with shops, restaurants, and cultural attractions.
- The Beloit Belt: A fun, unique tradition where winning athletic teams get to keep a ceremonial belt.
Location & Regional Advantages
Beloit College's location in Beloit, Wisconsin, offers a unique set of regional advantages and challenges for its students. The local job market in Beloit itself is modest, with opportunities primarily in manufacturing, healthcare, and local services. However, the college's strategic position within the Midwest provides access to larger economic centers. Its proximity to Madison (approximately 50 miles) and Milwaukee (approximately 75 miles) offers students access to more dynamic job markets with a stronger presence in technology, healthcare, finance, and manufacturing. Furthermore, Chicago, a major national hub for business, culture, and industry, is only about 90 miles away, making it an accessible destination for internships and post-graduation employment. This proximity allows Beloit students to tap into a broader range of career opportunities without necessarily relocating far from campus. The cost of living in Beloit is generally lower than in major metropolitan areas, which can be an advantage for students seeking affordable living expenses during their studies or early in their careers. The quality of life in Beloit is characterized by a small-town feel with access to amenities, while the surrounding region offers natural beauty and recreational opportunities. Weather in Wisconsin involves distinct seasons, including cold winters, which is a factor for those unaccustomed to such climates. Safety in Beloit is comparable to many Midwestern towns of its size. The geographic advantage lies in Beloit's ability to offer a focused liberal arts experience while providing a gateway to significant economic and cultural centers in the Midwest, particularly Chicago, which can significantly enhance career prospects.
How to Get Into Beloit College
Beloit College employs a holistic review process, meaning they look beyond just grades and test scores to understand the applicant as a whole person. Given its admission rate of 63.0%, Beloit is selective but accessible, making a well-crafted application crucial. Early Decision (ED) and Early Action (EA) are available, with ED offering a slight advantage as it signals a strong commitment to Beloit, potentially boosting your chances if you are a competitive candidate. EA is non-binding and allows you to receive an early decision without the commitment.
The admissions committee values intellectual curiosity, a demonstrated interest in the liberal arts, and a willingness to engage with the campus community. Strong academic performance in high school, including a challenging curriculum (AP, IB, honors courses), is important. While SAT/ACT scores are not required (N/A), if submitted, they would be considered within the context of your overall application. Focus on presenting a GPA that reflects your best effort and academic growth.
Your application essays are a prime opportunity to showcase your personality, critical thinking skills, and how you align with Beloit's values. Consider essays that reflect on your experiences, your intellectual passions, and how you envision contributing to the Beloit community. Avoid generic topics; instead, be specific and authentic. Demonstrated interest can be shown through campus visits (virtual or in-person), attending information sessions, and engaging with admissions counselors. The ideal timeline is to begin researching Beloit in your junior year, attend events in the fall of your senior year, and aim to submit your application by the ED/EA deadlines (typically November 1st) or the Regular Decision deadline (usually January 15th).
How Beloit College Compares to Similar Schools
Similar schools: Grinnell College, Carleton College, Lawrence University, Knox College
Advantages
- Strong emphasis on interdisciplinary studies and experiential learning.
- Close-knit community fostering strong student-faculty relationships.
- Proximity to Chicago offers internship and career opportunities not available to all peers.
Disadvantages
- Lower median alumni earnings compared to some peers.
- Smaller alumni network and less national brand recognition than some highly selective liberal arts colleges.
Best For
- Students seeking a more affordable education may want to consider other options.
- Students looking for a larger student body or more diverse extracurricular activities may find Beloit College less appealing.
Avoid If
- Students who value a small, personalized educational experience and are willing to invest in a high-quality liberal arts education.
- Students who are interested in fields that require strong analytical and critical thinking skills.
Frequently Asked Questions about Beloit College
How much does it cost to attend Beloit College?
In-state tuition at Beloit College is $60,886 per year, and out-of-state tuition is $60,886 per year. The median student debt at graduation is $25,738.
What is the acceptance rate at Beloit College?
Beloit College has an acceptance rate of 63.0%.
What is the graduation rate at Beloit College?
Beloit College has a graduation rate of 68.9%.
How much do Beloit College graduates earn?
The median earnings for Beloit College graduates 10 years after enrollment is $53,260. With median debt of $25,738, graduates earn roughly 2.1x their debt level annually.
How big is Beloit College?
Beloit College has approximately 926 students and is classified as a small institution. It is located in Beloit, WI and is a Private Nonprofit institution.
Is Beloit College worth the cost?
Beloit College has an ROI score of -78 out of 100. With in-state tuition of $60,886 per year and median post-graduation earnings of $53,260, the data suggests the return on investment may be below average.
Where is Beloit College located?
Beloit College is located in Beloit, WI. It is a Private Nonprofit institution with approximately 926 students.
How much student debt do Beloit College graduates have?
The median student debt for Beloit College graduates is $25,738. With median earnings of $53,260 ten years after enrollment, graduates can expect a debt-to-income ratio of 48%.
Is Beloit College a good college?
Beloit College has a graduation rate of 68.9% and median post-graduation earnings of $53,260. High graduation rate of 68.93%
How does Beloit College compare to similar colleges?
Median earnings 10 years after graduation are $53,260 Compared to peer institutions, Beloit College offers a strong academic environment and decent earnings potential, but the high tuition may not be justifiable for all students.
What career prospects do Beloit College graduates have?
Graduates of Beloit College are well-prepared for careers in a variety of fields, particularly those requiring strong analytical and critical thinking skills.
What should prospective students know about Beloit College?
Beloit College is positioned in the market as a high-end, private liberal arts college with a focus on small class sizes and personalized education.
What makes Beloit College stand out?
Diverse student body with 52.81% white, 7.67% black, 17.71% Hispanic, and 2.38% Asian students
What are the pros and cons of attending Beloit College?
Tuition is $60,886 for both in-state and out-of-state students
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.