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Rank: 152

St Olaf College

Northfield, MNwp.stolaf.edu
St. Olaf College is particularly well-known for its Music Department, but the liberal arts school offers a broad range of majors. (The most popular ones in recent years have been biology, economics, psychology and chemistry.) Located in southeastern Minnesota, St. Olaf was founded by Norwegian Lutheran immigrants whose legacy is still evident in the school's Lutheran affiliation and renowned Scandinavian studies program. Academics are rigorous, with a general education core that every student must complete. It might get (very) cold in the winter, but St. Olaf students find plenty of ways to keep busy indoors through clubs, performing arts groups and service organizations. Social life mostly takes place on campus, in nearby Northfield (where Oles mingle with students from rival college Carleton), or across the river in Minneapolis-St. Paul. St. Olaf is also one of the most forward-thinking colleges in the country when it comes to environmental sustainability. A wind turbine provides much of the school's electricity, and students can pitch in on the campus organic farm.
costs
Est. Full Price 2018-2019
$59,700
% of students who get any grants
90%
Est. price for students who receive aid
$29,300
Average price for low-income students
$10,900
admissions
Acceptance rate
45%
Median SAT/ACT Score
1260/29
SAT/ACT required?
Yes
Enrollment
3,137
Financial Aid
% of students with need who get grants
100%
% of need met
98%
% of students who get merit* grants
23%
Average merit grant
$14,942
student success
Graduation rate
88%
Average time to a degree
4 years
Average student debt
$27,000
Average salary within 3 years
$49,000
% of low-income students who become upper middle class
42%
key deadlines
Early decision application
Nov 15
Regular application
Jan 15

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Equality of Oppourtunity Project.

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Equality of Oppourtunity Project.

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