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Alma College

Alma, MI·Private nonprofit·1,148 students
Last updated: March 22, 2026

A good fit for students who want small classes and close faculty access. no major red flags in the data. generous financial aid cuts net price well below sticker.

57%
Accept
1,148
Students
$20,694
Net Price
63%
Grad Rate
$46,500
Earnings
10 yr
$27,000
Debt

About This School

Alma College is a private nonprofit institution located in Alma, Michigan with approximately 1,148 undergraduate students enrolled. Alma College has an open or accessible admissions process, with an acceptance rate of 57%. The average net price after financial aid is $20,694 per year. The graduation rate is 63%, and the typical graduate earns $46,500 within 10 years of enrollment.

Alma College is a private liberal arts college in Alma, Michigan. It enrolls approximately 1,200 students and is accredited by the Higher Learning Commission. Alma College is affiliated with the Presbyterian Church (USA) and offers bachelor's degrees in multiple disciplines as well as two master's degree programs. Its athletics teams, nicknamed the Scots, are part of the National Collegiate Athletic Association (NCAA) – Division III and the Michigan Intercollegiate Athletic Association (MIAA).

The numbers tell a mixed story here: a 64% graduation rate and 76% freshman retention suggest that a meaningful share of students don't finish, which is worth asking about during a visit. On the financial side, the roughly $24,600 average net price is reasonable for a small private college, and median debt of $23,250 is manageable — though median earnings of $46,500 a decade out aren't particularly impressive. Worth considering if you're drawn to a tight-knit liberal arts environment in a small-town setting and have a specific major in mind, but make sure to pressure-test your fit before committing.

Setting
Distant town
Religious Affiliation
Mennonite
Avg Faculty Salary
$7,879

Popular Programs

Biological Sciences23%
Business & Marketing22%
Education11%
Psychology11%
Health Professions6%
Social Sciences5%
Visual & Performing Arts4%
Communications2%

Percentage of degrees awarded. Source: College Scorecard.

Admissions

Test Policy: Neither required nor recommended

SAT Scores

Average CompositeN/A

ACT Scores

Midpoint CompositeN/A

Cost & Financial Aid

In-State Tuition
$49,552
Out-of-State Tuition
$49,552
Avg Net Price
$20,694
after aid

Net Price by Family Income

Under $30k$17,162
$30–48k$18,009
$48–75k$18,076
$75–110k$18,699
$110k+$23,618

Average annual cost after grants/scholarships, by household income. Source: U.S. Department of Education College Scorecard.

Financial Aid

Students receiving Pell Grants27%
Median debt at graduation$27,000

Full Cost

After Graduation

Graduation Rate
63%
within 6 years
Retention Rate
85%
freshmen returning
Earnings (10 yr)
$46,500
after enrollment
Median Debt
$27,000
at graduation

Earnings 6 Years After Enrollment, by Gender

Male graduates$40,600
Female graduates$32,600

Gap: 20% less for female graduates. National avg ~16%.

Will This School Pay Off?

Median Debt
$27,000
at graduation
Earnings (6 yr)
$36,500
after enrollment
Earnings (10 yr)
$46,500
after enrollment
Earnings-to-Debt Ratio: 1.7x

Solid return. Earnings outpace debt, though major choice matters.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White77%
Black6%
Hispanic/Latino4%
Asian1%
Two or more races3%
International6%

Source: U.S. Department of Education College Scorecard (1,148 undergraduates).

Contact & Location

Address

Alma College

614 W Superior

Alma, MI 48801-1599

View on Google Maps →

Other Schools in Michigan

Browse all Michigan schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
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