Cornerstone University

www.cornerstone.edu

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2022 Undergraduate Tuition

$27,580

2% growth from 2021

2022 Average Net Price

$20,935

After Financial Aid

2019 Default Rate

1.24%

on Student Loans

2022 Acceptance Rate

81.8%

1,926 Applicants

2022 Enrolled Students

1,781

64.9% Full-Time

2022 Graduation Rate

62.5%

157 Graduates

About

Cornerstone University is a higher education institution located in Kent County, MI. In 2022, the most popular Bachelors Degree concentrations at Cornerstone University were General Business Administration & Management (51 degrees awarded), General Psychology (43 degrees), and Elementary Education & Teaching (17 degrees).

In 2022, 507 degrees were awarded across all undergraduate and graduate programs at Cornerstone University. 64.7% of these degrees were awarded to women, and 35.3% awarded men. The most common race/ethnicity group of degree recipients was white (376 degrees), 6.71 times more than then the next closest race/ethnicity group, black or african american (56 degrees).

The median undergraduate tuition at Cornerstone University is $27,580, which is $3,584 more than the national average for Masters Colleges and Universities ($23,996).

In 2019 the default rate for borrower's at Cornerstone University was 1.24%, corresponding to 9 out of the 726 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2022, the median undergraduate tuition at Cornerstone University is $27,580, which is $3,584 more than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $20,935.

In 2022, 92% of undergraduate students attending Cornerstone University received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Tuition Costs

$27,580

2022 Undergraduate Tuition

In 2022, the cost of tuition at Cornerstone University was $27,580. The cost of tuition at Cornerstone University is $3,584 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

This chart compares the tuition costs of Cornerstone University (in red) with those of other similar universities.

Average Net Price

$20,935

2022 Value

0.746%

1 Year Growth

In 2022 Cornerstone University had an average net price — the price paid after factoring in grants and loans — of $20,935. Between 2021 and 2022, the average net price of Cornerstone University grew by 0.746%.

This chart compares the average net price of Cornerstone University (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.

Other Student Expenses

$10,310

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Cornerstone University was of $10,310 in 2022. The cost of room and board increased by 3.51% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Cornerstone University (in red) with that of similar universities.

Financial Aid by Income Level

92%

Undergraduates Receiving Financial Aid through Grants

53%

Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at Cornerstone University received financial aid through grants or loans in 2022. This represents a growth of 2.22% with respect to 2021, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Cornerstone University (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.

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.

1.24%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Cornerstone University was 1.24%, which represents 9 out of the 726 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.

Admissions

Cornerstone University received 1,926 undergraduate applications in 2022, which represents a 0.156% annual growth. Out of those 1,926 applicants, 1,575 students were accepted for enrollment, representing a 81.8% acceptance rate.

There were 1,781 students enrolled at Cornerstone University in 2022. 69% of first-time enrollees submitted SAT scores with their applications.

Cornerstone University has an overall enrollment yield of 18.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

81.8%

Acceptance Rate in 2022

1,575

Accepted Out of 1,926

In 2022, the undergraduate acceptance rate of Cornerstone University was 81.8% (1,575 admissions from 1,926 applications). This is lower than the acceptance rate of 2021, which was 91.3%. Between 2021 and 2022, the number of applicants grew by 0.156%, while admissions declined by 10.3%.

This chart compares the acceptance rate of Cornerstone University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

69%

Submission Percentage (2021)

258

Scores Submitted (2021)

69% of enrolled first-time students at Cornerstone University in 2021 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Cornerstone University had a total enrollment of 1,781 students in 2022. The full-time enrollment at Cornerstone University is 1,155 students and the part-time enrollment is 626. This means that 64.9% of students enrolled at Cornerstone University are enrolled full-time.

The enrolled student population at Cornerstone University, both undergraduate and graduate, is 71.8% White, 10.1% Black or African American, 6.06% Hispanic or Latino, 2.53% Two or More Races, 1.91% Asian, and 0.225% American Indian or Alaska Native.

Students enrolled at Cornerstone University in full-time Undergraduate programs are most commonly White Female (49.1%), followed by White Male (28.8%) and Hispanic or Latino Male (3.03%). Students enrolled in full-time Graduate programs are most commonly White Female (52.9%), followed by White Male (29.4%) and Asian Male (8.82%).

Full-Time vs Part-Time Enrollment

64.9%

Full-Time Enrollment

The total enrollment at Cornerstone University in 2022, both undergraduate and graduate, is 1,781 students. The full-time enrollment at Cornerstone University is 1,155 and the part-time enrollment is 626. This means that 64.9% of students enrolled at Cornerstone University are enrolled full-time compared with N/A% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Cornerstone University (in red) compares to similar universities.

Retention Rate over Time

82%

2022 Retention Rate

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 Cornerstone University was 82%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Cornerstone University had a retention rate higher than its peers.

This chart shows the retention rate over time at Cornerstone University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
1,278 enrolled students
Black or African American
179 enrolled students
Hispanic or Latino
108 enrolled students

The enrolled student population at Cornerstone University is 71.8% White, 10.1% Black or African American, 6.06% Hispanic or Latino, 2.53% Two or More Races, 1.91% Asian, and 0.225% 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 51.2% White, 17.3% 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, 12 students (0.674%) did not report their race.

Graduates

In 2022, 149 more women than men received degrees from Cornerstone University. The most common race/ethnicity group of degree recipients at Cornerstone University is white (376 degrees awarded). There were 6.71 times more white recipients than the next closest race/ethnicity group, black or african american (56 degrees).

The most common Bachelor's Degree concentration at Cornerstone University is General Business Administration & Management (51 degrees awarded), followed by General Psychology (43 degrees) and Elementary Education & Teaching (17 degrees).

In 2022, the most specialized majors across all degree types at Cornerstone University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (55 degrees awarded), Psychology (89 degrees), and Public Administration and Social Service (24 degrees).

Common Jobs by Major

Social workers, all other

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Cornerstone University are Social workers, all other (248,739 people), Elementary & middle school teachers (172,522 people), Other managers (154,301 people), Clergy (123,797 people), and Postsecondary teachers (95,568 people).

The most specialized majors at Cornerstone University in 2022 are Theology (55 degrees awarded), Psychology (89 degrees), Public Administration and Social Service (24 degrees), Parks, Recreation, & Leisure (17 degrees), and Philosophy and Religious Studies (4 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Cornerstone University are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Aircraft pilots & flight engineers, and Dentists

The most specialized majors at Cornerstone University are Theology (55 degrees awarded), Psychology (89 degrees), Public Administration and Social Service (24 degrees), Parks, Recreation, & Leisure (17 degrees), and Philosophy and Religious Studies (4 degrees) (as of 2022).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Cornerstone University are Elementary & secondary schools (520,535 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (291,884 people), Colleges, universities & professional schools, including junior colleges (264,228 people), Outpatient care centers (232,962 people), and Individual & family services (227,347 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Cornerstone University.

Most Common (2022)

General Business Administration & Management
51 degrees awarded
General Psychology
43 degrees awarded
Elementary Education & Teaching
17 degrees awarded

In 2022, the most common bachelors degree concentration at Cornerstone University was General Business Administration & Management with 51 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Cornerstone University according to their major.

Sex Breakdown for Common Majors

179

Degrees Awarded to Men

in 2022

328

Degrees Awarded to Women

in 2022

In 2022, 179 degrees were awarded to men at Cornerstone University, which is 0.546 times less than the number of degrees awarded to females (328).

This chart displays the sex disparity between the top 5 majors at Cornerstone University by degrees awarded.

Most Common Male Majors

In 2022, 18 degrees were awarded to men at Cornerstone University in General Business Administration & Management, which is 0.462 times less than the 39 female recipients with that same degree.

Most Common Female Majors

In 2022, 39 degrees were awarded to men at Cornerstone University in General Business Administration & Management, which is 2.17 times more than the 18 male recipients with that same degree.

Time to Complete

54%

100% Completion Time

65%

150% Completion Time

In 2022, 54% of students graduating from Cornerstone University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 66% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Cornerstone University is Male and Hispanic or Latino (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
376 degrees awarded
Black or African American
56 degrees awarded
Hispanic or Latino
21 degrees awarded

The most common race/ethnicity at Cornerstone University is white (376 degrees awarded). There were 6.71 times more white recipients than the next closest race/ethnicity group, black or african american (56 degrees).

0.592% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
247 degrees awarded
White Male
129 degrees awarded
Black or African American Female
35 degrees awarded

The most common race/ethnicity and sex grouping at Cornerstone University is white female (247 degrees awarded). There were 1.91 times more white female recipients than the next closest race/ethnicity group, white male (129 degrees).

Operations

Cornerstone University has an endowment valued at nearly $16.4M, as of the end of the 2022 fiscal year. The return on its endowment was of −1M (−6.1%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Cornerstone University had a total salary expenditure of 40.9M. Cornerstone University employs 30 Assistant professors, 19 Professors and 9 Associate professors. Most academics at Cornerstone University are Male Assistant professor (19), Male Professor (16), and Female Assistant professor (11).

The most common positions for non-instructional staff at Cornerstone University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 40 employees, Management, with 35 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 29 employees.

Endowment

$16.4M

2022 Endowment

4.64%

growth from 2021

This line chart shows how the endowment at Cornerstone University (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: Larger Programs Carnegie Classification grouping.

Salary Expenditure

$16.5M

2022 Salaries

0.772%

growth from 2021

In 2022, Cornerstone University paid a median of $16.5M in salaries, which represents 40.3% of their overall expenditure ($40.9M) and a 0.772% growth from the previous year. This is compared to a 6.4% decline between 2020 and 2021, and a 3.14% growth between 2019 and 2020.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$3.52M

Instructional Salaries

Number of Employees

In 2022, Cornerstone University paid a total of $3.52M to 59 employees working as instructors, which represents 21.4% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

30 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

40 Employees

In 2022, the most common positions for instructional staff at Cornerstone University were Assistant professor with 30 employees, Professor with 19 employees, and Associate professor with 9 employees.

In 2022, the most common positions for non-instructional staff at Cornerstone University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 40 employees, Management with 35 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 29 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Assistant professor
Male Professor
Female Assistant professor

In 2022, the most common demographic for instructional staff at Cornerstone University was Male Assistant professor with 19 employees, Male Professor with 16 employees, and Female Assistant professor with 11 employees.

This chart shows the sex split between each academic rank present at Cornerstone University.

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