How does Rosemont College allocate its endowment funds. What recent infrastructure projects has Rosemont College completed. How does Rosemont College’s tuition compare to national averages. What financial aid options are available for Rosemont College students.
Rosemont College’s Historical Significance and Infrastructure Challenges
Rosemont College boasts a unique architectural heritage, with one of its buildings listed on the National Register for Historical Buildings. This distinction sets Rosemont apart from many other institutions. However, the age of these structures presents ongoing challenges for maintenance and modernization.
The college’s commitment to preserving its historical buildings while adapting to contemporary educational needs has led to a series of strategic renovations. These improvements aim to balance the preservation of Rosemont’s architectural legacy with the demands of modern higher education.
The Importance of Historical Preservation in Higher Education
Historical buildings on college campuses serve multiple purposes. They provide a tangible link to the institution’s past, create a sense of place and tradition for students and alumni, and often serve as iconic symbols of the college. However, these older structures frequently require significant investments to remain functional and relevant in a rapidly evolving educational landscape.
Recent Campus Renovations: A Closer Look at Rosemont’s Investments
Since 2010, Rosemont College has undertaken several major renovation projects, funded through The Campaign for Rosemont College. These improvements demonstrate the institution’s commitment to enhancing student life, academic resources, and athletic facilities.
- Information Commons at the Kistler Memorial Library (2010, $800,000)
- Gracemere Honors House (2012, $740,000)
- Ravens Athletic Complex (2013, $2,300,000)
- Cardinal Hall (2013, $3,000,000)
- Rotwitt Theater of McShain Performing Arts Center (2014, $1,150,000)
Information Commons: Modernizing Academic Resources
The renovation of the Kistler Memorial Library’s research and reference wing created a state-of-the-art Information Commons. This $800,000 project, completed in 2010, transformed the space into a modern hub for student information and technology. The versatile area now serves multiple purposes, including hosting lectures and college events.
Gracemere Honors House: Fostering Academic Excellence
In 2012, Rosemont College invested $740,000 in purchasing and renovating a 7,000 square foot residence adjacent to the campus. This property was transformed into the Gracemere Honors House, a Living Learning Community designed to accommodate 18-22 selected Honors students. This initiative reflects Rosemont’s commitment to creating immersive educational experiences for high-achieving students.
Ravens Athletic Complex: Elevating Sports Facilities
The 2013 completion of the Ravens Athletic Complex marked a significant enhancement to Rosemont’s sports facilities. With a $2,300,000 investment, the college constructed a new multi-purpose artificial turf field and a natural surface softball field. These additions have greatly improved the college’s ability to support its athletic programs and provide students with top-notch sporting facilities.
Cardinal Hall: Reimagining Student Dining and Community Spaces
The renovation of Cardinal Hall, carried out in two phases, represents one of the most substantial investments in Rosemont’s recent history. Phase I, completed in 2013 at a cost of $3,000,000, transformed the existing dining hall into a modern, food court-style facility with an adjacent café. Phase II, which is ongoing, aims to completely repurpose the building into a comprehensive Community Center.
Rotwitt Theater: Revitalizing the Arts
In 2014, Rosemont College invested $1,150,000 in renovating the Rotwitt Theater of McShain Performing Arts Center. This project involved structural repairs, replacement of outdated systems, updates to the seating configuration and stage layout, and various aesthetic improvements. The renovation has breathed new life into this vital space for the college’s performing arts programs.
Rosemont College’s Financial Landscape: Tuition and Aid
Understanding Rosemont College’s financial structure provides crucial context for its endowment and funding priorities. As of 2020, the college’s undergraduate tuition stood at $19,500 per year. This figure is $3,030 less than the national average for Masters Colleges and Universities, which was $22,531.
Tuition Costs in Perspective
How does Rosemont’s tuition compare to other institutions? While $19,500 per year is a significant investment, it’s important to note that this amount is below the national average for similar institutions. This positioning may reflect Rosemont’s efforts to maintain accessibility while balancing the need for resources to fund campus improvements and academic programs.
Financial Aid at Rosemont College
Rosemont College offers a robust financial aid program to help make education more accessible. In 2020, 85% of undergraduate students received financial aid through grants, while 69% received aid through loans. The average net price for students, after taking grants and loans into account, was $17,516.
These figures suggest that Rosemont is committed to providing financial support to a significant portion of its student body. The high percentage of students receiving grant aid is particularly noteworthy, as grants do not require repayment and can substantially reduce the financial burden on students and their families.
The Role of Endowments in Higher Education
Endowments play a crucial role in the financial stability and long-term planning of colleges and universities. They provide a consistent source of funding that can support various aspects of an institution’s operations, from scholarships and faculty salaries to campus improvements and research initiatives.
How Endowments Work
An endowment is essentially a pool of invested money that generates returns over time. The principal amount is typically preserved, while a portion of the investment returns is used to fund various college initiatives. This structure allows institutions to benefit from long-term financial stability and plan for future needs.
In Rosemont College’s case, the endowment has clearly played a significant role in funding major campus improvements. The series of renovations completed since 2010 demonstrates how endowment funds can be strategically used to enhance the college’s facilities and, by extension, the overall student experience.
The Impact of Campus Improvements on Student Life
The extensive renovations undertaken by Rosemont College since 2010 have had a profound impact on various aspects of student life. From academic resources to residential experiences, athletic facilities to performing arts spaces, these improvements touch nearly every facet of the college experience.
Enhanced Learning Environments
The renovation of the Information Commons at the Kistler Memorial Library has provided students with a modern, technologically advanced space for research and collaborative work. This improvement directly supports academic pursuits and helps prepare students for the digital demands of the modern workplace.
Residential Learning Communities
The creation of the Gracemere Honors House demonstrates Rosemont’s commitment to fostering academic excellence through immersive living-learning experiences. This type of environment can significantly enhance the educational journey for high-achieving students, providing opportunities for deeper engagement with their studies and peers.
Athletic Opportunities
The development of the Ravens Athletic Complex has expanded opportunities for student-athletes and recreational sports enthusiasts alike. Modern, well-maintained sports facilities can boost college spirit, promote physical wellness, and even aid in student recruitment.
Community Building
The ongoing transformation of Cardinal Hall into a Community Center reflects an understanding of the importance of shared spaces in fostering a sense of belonging and community on campus. Such facilities can become hubs of student life, hosting events, facilitating socializing, and creating memorable college experiences.
Arts and Culture
The renovation of the Rotwitt Theater underscores Rosemont’s commitment to the arts. A modern, well-equipped performance space not only enhances the experience for performing arts students but also enriches the cultural life of the entire campus community.
Balancing Historical Preservation and Modern Needs
One of the unique challenges faced by institutions like Rosemont College is the need to balance historical preservation with the demands of modern education. This balancing act is evident in the college’s approach to campus renovations.
Preserving Architectural Heritage
Rosemont’s commitment to maintaining its historic buildings, including one listed on the National Register for Historical Buildings, demonstrates a deep respect for the college’s heritage. Preserving these structures helps maintain the institution’s unique character and provides a tangible link to its history.
Adapting to Contemporary Needs
At the same time, the extensive renovations carried out since 2010 show that Rosemont is not content to rest on its historical laurels. By modernizing interiors, updating systems, and repurposing spaces, the college has shown a commitment to meeting the evolving needs of its students and faculty.
This approach of preserving exteriors while modernizing interiors allows Rosemont to maintain its architectural heritage while providing students with the facilities and resources they need for a 21st-century education.
Future Directions: Potential Areas for Investment
While Rosemont College has made significant strides in improving its campus infrastructure, there are always opportunities for further enhancement. Based on trends in higher education and the college’s existing improvements, several areas might be considered for future investment.
Technology Infrastructure
As technology continues to play an increasingly central role in education, ongoing investment in campus-wide technology infrastructure could be beneficial. This might include enhancing Wi-Fi coverage, upgrading computer labs, or implementing smart classroom technologies.
Sustainability Initiatives
Many colleges are focusing on improving their environmental sustainability. Future renovations at Rosemont could incorporate green building practices, energy-efficient systems, or renewable energy sources.
Flexible Learning Spaces
The COVID-19 pandemic has highlighted the importance of flexible learning environments. Future campus improvements might focus on creating adaptable spaces that can easily transition between in-person, hybrid, and remote learning scenarios.
Student Wellness Facilities
With increasing awareness of the importance of student mental health and overall wellness, investments in facilities such as counseling centers, meditation spaces, or fitness facilities could be considered.
Career Development Centers
Enhancing career services facilities could help Rosemont better prepare its students for the job market. This might include spaces for interviews, networking events, or career fairs.
As Rosemont College continues to evolve and grow, its endowment and funding priorities will likely adapt to meet new challenges and opportunities. The college’s track record of strategic investments in campus infrastructure suggests a commitment to continuous improvement and a focus on enhancing the student experience.
By balancing respect for its historical legacy with a forward-looking approach to campus development, Rosemont College is positioning itself to provide a high-quality education in an environment that blends tradition with modern innovation. As the higher education landscape continues to change, institutions like Rosemont that can successfully navigate this balance will be well-positioned to thrive.
Infrastructure – Funding Priorities – Campaign for Rosemont College – Support Rosemont College
- Support Rosemont College
- Campaign for Rosemont College
- Funding Priorities
- Infrastructure
Few colleges can tout the fact that their campuses include a building that’s listed
on the National Register for Historical Buildings. Yet at Rosemont, that’s a fact
that many find fascinating. However, older buildings like those on Rosemont’s campus
require renovations.
Notably, the following recent renovations have been completed since 2010 using funds
raised through The Campaign for Rosemont College:
Information Commons at the Kistler Memorial Library
Interior renovations of the research and reference wing of the library created a modernized
student information and technology space, which is also used for lectures and College
events. ($800,000; 2010)
Gracemere Honors House
Purchase and renovation of a 7,000 square foot residence bordering the College campus
for the purpose of housing 18-22 selected Honors students in a Living Learning Community.
($740,000; 2012)
Ravens Athletic Complex
The complex features a new multi-purpose artificial turf field and a new natural surface
softball field. ($2,300,000; 2013)
Cardinal Hall
Phase I of the renovation converted the existing dining hall into a modernized food
court style dining facility with an adjacent café. Phase II of the renovation will
completely transform the building into a Community Center. ($3,000,000; 2013)
Rotwitt Theater of McShain Performing Arts Center
The theater renovation included repairing structural components, replacing obsolete
systems, updating the seating configuration and stage layout, and aesthetic improvements.
($1,150,000; 2014)
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Comparison
Rosemont College is a higher education institution located in Montgomery County, PA. In 2020, the most popular Bachelor’s Degree concentrations at Rosemont College were General Business Administration & Management (25 degrees awarded), Criminal Justice – Safety Studies (13 degrees), and Sociology (12 degrees).
In 2020, 307 degrees were awarded across all undergraduate and graduate programs at Rosemont College. 72.3% of these degrees were awarded to women, and 27.7% awarded men. The most common race/ethnicity group of degree recipients was white (120 degrees), 1.19 times more than then the next closest race/ethnicity group, black or african american (101 degrees).
The median undergraduate tuition at Rosemont College is $19,500, which is $−3,030 less than the national average for Masters Colleges and Universities ($22,531).
The median undergraduate tuition at Rosemont College is $19,500, which is $−3,030 less than the national average for Masters Colleges and Universities ($22,531).
After taking grants and loans into account, the average net price for students is $17,516.
In 2020, 85% of undergraduate students attending Rosemont College received financial aid through grants. Comparatively, 69% of undergraduate students received financial aid through loans.
Tuition Costs
In 2020, the cost of tuition at Rosemont College was $19,500. The cost of tuition at Rosemont College is $−3,030 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).
This chart compares the tuition costs of Rosemont College (in red) with those of other similar universities.
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Average Net Price
In 2020 Rosemont College had an average net price — the price paid after factoring in grants and loans — of $17,516. Between 2019 and 2020, the average net price of Rosemont College grew by 22.8%.
This chart compares the average net price of Rosemont College (in red) with that of other similar universities.
Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.
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Other Student Expenses
The average yearly cost of room and board at Rosemont College was of $13,130 in 2020. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 5.56% between 2019 and 2020. The cost of books and supplies decreased by 33.3% during the same period.
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Financial Aid by Income Level
85% of undergraduate students at Rosemont College received financial aid through grants or loans in 2020. This represents a growth of 4.94% with respect to 2019, when 81% of undergraduate students received financial aid.
This chart compares the average award discount at Rosemont College (in red) with that of other similar universities.
The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.
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Student Loan Default Rate
Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
In 2018 the default rate for borrower’s at Rosemont College was 5.06%, which represents 16 out of the 316 total borrowers.
A cohort default rate is the percentage of a school’s borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.
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Rosemont College received 1,042 undergraduate applications in 2020, which represents a 32. 9% annual growth. Out of those 1,042 applicants, 720 students were accepted for enrollment, representing a 69.1% acceptance rate.
There were 777 students enrolled at Rosemont College in 2020, and 38% of first-time enrollees submitted SAT scores with their applications.
Rosemont College has an overall enrollment yield of 15.6%, which represents the number of admitted students who ended up enrolling.
Acceptance Rate
In 2020, the undergraduate acceptance rate of Rosemont College was 69.1% (720 admissions from 1,042 applications). This is lower than the acceptance rate of 2019, which was 92.1%. Between 2019 and 2020, the number of applicants grew by 32.9%, while admissions declined by −0.277%.
This chart compares the acceptance rate of Rosemont College (in red) with that of other similar universities.
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SAT Scores
38% of enrolled first-time students at Rosemont College in 2020 submitted SAT scores with their applications.
This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.
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Rosemont College has a total enrollment of 777 students. The full-time enrollment at Rosemont College is 450 students and the part-time enrollment is 327. This means that 57.9% of students enrolled at Rosemont College are enrolled full-time.
The enrolled student population at Rosemont College, both undergraduate and graduate, is 41.6% White, 30.8% Black or African American, 10.8% Hispanic or Latino, 3.6% Two or More Races, 2.06% Asian, 0.257% Native Hawaiian or Other Pacific Islanders, and 0.129% American Indian or Alaska Native.
Students enrolled at Rosemont College in full-time Undergraduate programs are most commonly White Female (25.2%), followed by Black or African American Female (19.8%) and Black or African American Male (13.1%). Students enrolled in full-time Graduate programs are most commonly White Female (44. 2%), followed by Black or African American Female (27.3%) and White Male (6.49%).
Full-Time vs Part-Time Enrollment
The total enrollment at Rosemont College, both undergraduate and graduate, is 777 students. The full-time enrollment at Rosemont College is 450 and the part-time enrollment is 327. This means that 57.9% of students enrolled at Rosemont College are enrolled full-time compared with 68.8% at similar Masters Colleges and Universities.
This chart shows the full-time vs part-time enrollment status at Rosemont College (in red) compares to similar universities.
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Retention Rate over Time
Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Rosemont College was 72%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Rosemont College had a retention rate lower than its peers.
This chart shows the retention rate over time at Rosemont College (highlighted in red) compares to similar universities.
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Enrollment by Race & Ethnicity
The enrolled student population at Rosemont College is 41.6% White, 30.8% Black or African American, 10.8% Hispanic or Latino, 3.6% Two or More Races, 2.06% Asian, 0.257% Native Hawaiian or Other Pacific Islanders, and 0.129% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 52.6% White, 16.6% Hispanic or Latino, and 13% Black or African American.
Any student who is studying in the United States on a temporary basis is categorized as a “Non-Resident Alien”, and the share of those students are shown in the chart below. Additionally, 74 students (9.52%) did not report their race.
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In 2020, 137 more women than men received degrees from Rosemont College. The most common race/ethnicity group of degree recipients at Rosemont College is white (120 degrees awarded). There were 1.19 times more white graduates than the next closest race/ethnicity group, black or african american (101 degrees).
The most common Bachelor’s Degree concentration at Rosemont College is General Business Administration & Management (25 degrees awarded), followed by Criminal Justice – Safety Studies (13 degrees) and Sociology (12 degrees).
The most specialized majors across all degree types at Rosemont College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are English (18 degrees awarded), Psychology (56 degrees), and Communications (19 degrees).
Common Jobs by Major
The most common jobs for people who hold a degree in one of the 5 most specialized majors at Rosemont College are Accountants & auditors (1,079,758 people), Other managers (840,983 people), Financial managers (491,140 people), Elementary & middle school teachers (450,778 people), and Chief executives & legislators (415,382 people).
The most specialized majors at Rosemont College are English (18 degrees awarded), Psychology (56 degrees), Communications (19 degrees), Protective Services (20 degrees), and Business (117 degrees).
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Highest Paying Jobs by Major
The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Rosemont College are Surgeons, Nuclear medicine technologists and medical dosimetrists, Physicians, Magnetic resonance imaging technologists, and Nurse anesthetists
The most specialized majors at Rosemont College are English (18 degrees awarded), Psychology (56 degrees), Communications (19 degrees), Protective Services (20 degrees), and Business (117 degrees).
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Common Industries by Major
The most common industries for people who hold a degree in one of the 5 most specialized majors at Rosemont College are Elementary & secondary schools (1,095,326 people), Colleges, universities & professional schools, including junior colleges (688,554 people), Computer Systems Design (578,873 people), Justice, public order, & safety activities (552,352 people), and Banking & related activities (549,832 people).
The most specialized majors at Rosemont College are English (18 degrees awarded), Psychology (56 degrees), Communications (19 degrees), Protective Services (20 degrees), and Business (117 degrees).
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Majors Awarded
IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Rosemont College.
1 to 2 Year Postsecondary CertificateAssociates Degree2 to 4 Year Postsecondary CertificateBachelors DegreePostbaccalaureate CertificateMasters DegreePost-Masters CertificateResearch DoctorateProfessional DoctorateOther Doctorate
In 2020, the most common bachelors degree concentration at Rosemont College was General Business Administration & Management with 25 degrees awarded.
This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Rosemont College according to their major.
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Sex Breakdown for Common Majors
In 2020, 85 degrees were awarded to men at Rosemont College, which is 0. 383 times less than the number of degrees awarded to females (222).
This chart displays the sex disparity between the top 5 majors at Rosemont College by degrees awarded.
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Most Common Male Majors
In 2020, 21 degrees were awarded to men at Rosemont College in General Business Administration & Management, which is 0.583 times less than the 36 female recipients with that same degree.
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Most Common Female Majors
In 2020, 36 degrees were awarded to women at Rosemont College in General Business Administration & Management, which is 1.71 times more than the 21 male recipients with that same degree.
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Time to Complete
In 2020, 49% of students graduating from Rosemont College completed their program within 100% “normal time” (i. e. 4 years for a 4-year degree). Comparatively, 53% completed their degrees within 150% of the normal time, and 55% within 200%.
The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.
Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of “normal time” to completion for their program.
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Graduation Rate by Race and Sex
Showing demographic groups with ≥ 5 graduating students.
The student demographic with the highest graduation rate at Rosemont College is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).
The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of “normal time” to completion.
The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a “Non-Resident Alien”, and the graduation rate of those students is shown in the chart below. Additionally, 3.39% of graduates (2 students) did not report their race.
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Race & Ethnicity by Share
The most common race/ethnicity at Rosemont College is white (120 degrees awarded). There were 1.19 times more white recipients than the next closest race/ethnicity group, black or african american (101 degrees).
12.4% of degree recipients (38 students) did not report their race.
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Race & Ethnicity by Sex
The most common race/ethnicity and sex grouping at Rosemont College is white female (88 degrees awarded). There were 1.19 times more white female recipients than the next closest race/ethnicity group, black or african american female (74 degrees).
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Rosemont College has an endowment valued at nearly $16.3M, as of the end of the 2020 fiscal year. The return on its endowment was of $1.13M (6.93%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.
In 2020, Rosemont College had a total salary expenditure of $19.8M. Rosemont College employs 14 Assistant professors, 12 Associate professors, and 2 Professors. Most academics at Rosemont College are Female Assistant professors (8), Female Associate professors(7), and Male Assistant professors (6).
The most common positions for non-instructional staff at Rosemont College are: Management, with 36 employees, Service, with 22 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 19 employees.
Endowment
Rosemont College has an endowment valued at about $16.3M, as of the end of the 2020 fiscal year. The endowment of Rosemont College declined 4.78% from the previous year. The value of their endowment was $23.3M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.
This line chart shows how the endowment at Rosemont College (in red) compares to that of some similar universities.
The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.
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Government Grants and Contracts
As of 2020, Rosemont College received $804k in grants and contracts from the federal government, $1.67M from state grants and contracts, and $0 from local grants and contracts.
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Salary Expenditure
In 2020, Rosemont College paid a median of $7.11M in salaries, which represents 35.8% of their overall expenditure ($19.8M) and a 4.35% decline from the previous year. This is compared to a 0.634% decline from 2018 and a 4.03% growth from 2017.
The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).
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Instructional Salaries
In 2020, Rosemont College paid a total of $1.36M to 28 employees working as instructors, which represents 19.1% of all salaries paid.
This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.
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Occupations by Share
In 2020, the most common positions for instructional staff at Rosemont College were Assistant professor with 14 employees; Associate professor with 12 employees; and Associate professor with 2 employees.
In 2020, the most common positions for non-instructional staff at Rosemont College were Management with 36 employees; Service with 22 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 19 employees.
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Instructors by Academic Rank and Sex
In 2020, the most common demographic for instructional staff at Rosemont College was Female Assistant professor with 8 employees, Female Associate professor with 7 employees, and Male Assistant professor with 6 employees.
This chart shows the sex split between each academic rank present at Rosemont College.
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