Santa Monica College is a higher education institution located in Los Angeles County, CA. N/A
In 2021 the default rate for borrower's at Santa Monica College was 0%, corresponding to 0 out of the 318 total borrowers.
In 2021 the default rate for borrower's at Santa Monica College was 0%, which represents 0 out of the 318 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.
The most common jobs for people who hold a degree in one of the 5 most specialized majors at Santa Monica College are Elementary & middle school teachers (208,050 people), Other managers (157,425 people), Graphic designers (101,605 people), Secondary school teachers (91,984 people), and Postsecondary teachers (85,589 people).
The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Santa Monica College are Surgeons, Agents & business managers of artists, performers, & athletes, Skincare specialists, Correspondence clerks & order clerks, and Securities, commodities, & financial services sales agents
The most common industries for people who hold a degree in one of the 5 most specialized majors at Santa Monica College are Elementary & secondary schools (465,644 people), uninformed (394,423 people), Colleges, universities & professional schools, including junior colleges (219,341 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (178,740 people), and Computer Systems Design (142,313 people).
The student demographic with the highest graduation rate in 2023 at Santa Monica College is Male and White (0% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (74.3%).
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.
Santa Monica College has an endowment valued at nearly $15.8M, as of the end of the 2023 fiscal year. The return on its endowment was of 6.53M (41.3%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.
In 2023, Santa Monica College had a total salary expenditure of 378M. N/A N/A
This line chart shows how the endowment at Santa Monica College (in red) compares to that of some similar universities.
The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-High Traditional Carnegie Classification grouping.
As of 2023, Santa Monica College received $9.78M in grants and contracts from the federal government, $25.9M from state grants and contracts, and $1.14M from local grants and contracts.
In 2023, Santa Monica College paid a median of $156M in salaries, which represents 41.3% of their overall expenditure ($378M) and a 13.3% growth from the previous year. This is compared to a 2.96% growth between 2021 and 2022, and a 5.16% decline between 2020 and 2021.
