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Nichols College

Dudley, MA · Private Nonprofit

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88.1%
Acceptance
1110
SAT
$50,490
Sticker Price
$28,420
Net Price*
$58,063
Earnings
4.9 yrs
Payback
2,117
Applicants

*Net price for families earning $48k–$75k. See all income brackets →

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What is Nichols College's acceptance rate?

Up 5.9 percentage points since 2018

With a 88.1% acceptance rate, Nichols College is considered accessible. The school has become slightly less competitive over the past five years. Applicants should focus on demonstrating strong academics, meaningful extracurriculars, and authentic personal essays to stand out in the applicant pool.

How many students apply to Nichols College?

Nichols College received 2,117 applications in 2023, down 13% since 2018. High application volume means admissions officers spend limited time per application—typically 8-15 minutes. Make every word count in your essays and ensure your application materials are error-free.

Applications
Admitted

How many admitted students enroll?

The yield rate of 18% is typical for a school of this caliber. Yield rate measures how many admitted students actually enroll—a key indicator of how desirable students find the school. Demonstrating genuine interest through campus visits, attending info sessions, and writing specific "Why Us" essays can improve your chances.

What are the most popular majors at Nichols College?

Business/Commerce, General leads as the most popular major at Nichols College. Your intended major can affect admission chances—some programs are more competitive than others. Research department-specific requirements, faculty research, and career outcomes when choosing your major. Consider how your academic interests align with the school's strengths.

How have majors changed over time?

Degrees awarded by major, 2015-2023

How has tuition changed at Nichols College?

Tuition has increased by 12% since 2015. Total cost of attendance (including fees and room & board) has grown 19% from $42,400 to $50,490.

Tuition Total Cost

How much do Nichols College graduates earn by major?

Graduates in Business/Managerial Economics earn among the highest salaries, with median earnings of $55,964 within two years of graduation. Earnings vary significantly by major—STEM and business fields typically offer higher starting salaries, while humanities and arts may have different career trajectories. Consider both passion and practical outcomes when choosing your field of study.

Business/Managerial Economics $55,964
$9,118 $122,725
Accounting and Related Service... $51,169
$9,118 $122,725
Finance and Financial Manageme... $50,717
$9,118 $122,725
Business Administration, Manag... $48,432
$9,118 $122,725
Marketing $46,478
$9,118 $122,725
Business/Commerce, General $45,956
$9,118 $122,725
Criminal Justice and Correctio... $39,729
$9,118 $122,725
Hospitality Administration/Man... $38,289
$9,118 $122,725
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Nichols College Admissions Statistics (2018-2023)

Each row shows the admissions cycle for that academic year. Applicants is the total number of students who applied for freshman admission. Admitted shows how many received acceptance letters. Rate is the acceptance rate (admitted ÷ applicants) — lower percentages indicate more selective schools. Yield measures the percentage of admitted students who actually enrolled — a high yield (above 50%) suggests the school is a top choice for admitted students, while lower yields indicate students often choose other options. SAT shows the 25th-75th percentile range, meaning the middle 50% of enrolled students scored within this range. Data is sourced from IPEDS, the federal database where all US colleges report annually.

Year Applicants Admitted Rate Yield
2023 2,117 1,866 88.1% 17.8%
2022 2,358 2,001 84.9% 15.8%
2021 2,193 1,859 84.8% 17.0%
2020 2,507 2,015 80.4% 15.5%
2019 2,488 1,984 79.7% 17.3%
2018 2,435 2,003 82.3% 17.7%
2017 2,161 1,999 92.5% 18.8%
2016 2,311 1,934 83.7% 18.3%
2015 2,275 1,881 82.7% 17.3%

Is Nichols College worth it?

Calculate your personal ROI

4-Year Sticker Price --
4-Year Net Cost --
Earnings & ROI Range (10yr)
Conservative (25th pct) -- --
Expected (median) -- --
Optimistic (75th pct) -- --
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Estimates based on College Scorecard averages. Use official calculator →

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What do Nichols College graduates earn?

Median Earnings (10 years)
$58,063
Earnings Range (10th - 90th percentile)
$18,100 $58,063 median $81,900

Earnings vary widely: the bottom 10% earn $18,100 while the top 10% earn $81,900. Your outcome depends heavily on major, career path, and individual circumstances.

Median Earnings (6 years)
$47,830
Median Debt
$27,000
6-Year Graduation Rate
63.6%

How much does Nichols College cost?

The total cost of attendance at Nichols College is approximately $50,490 per year. Remember: sticker price rarely equals actual cost. Most students receive financial aid, and net price varies significantly by family income. Use the school's Net Price Calculator for a personalized estimate before ruling out any option based on cost alone.

Tuition
$35,290
Fees
$1,250
Room & Board
$13,950
Total Cost of Attendance
$50,490

What You'll Actually Pay

Net price represents what families actually pay after grants and scholarships. The figures above are averages—your actual cost depends on family income, assets, and the school's aid policies. Many selective private schools are more affordable than public universities for middle and lower-income families due to generous institutional aid.

$0-30k income $27,176
$30-48k income $27,084
$48-75k income $28,420
$75-110k income $31,323
$110k+ income $34,586

Which majors pay the most?

  • Business/Managerial Economics $55,964
  • Accounting and Related Services $51,169
  • Finance and Financial Management Services $50,717
  • Business Administration, Management and Operations $48,432
  • Marketing $46,478

Who attends Nichols College?

Nichols College enrolls 1,354 students, with 3% from outside the United States. Women make up 36% of the student body. Campus diversity enriches the educational experience through varied perspectives and backgrounds. Consider how you'll contribute to and benefit from the campus community when crafting your application.

Total Enrollment 1,354
Retention Rate 72%
International 3%
Women 36%
Race/Ethnicity
White 73%
Hispanic 10%
Black 8%
Asian 1%

How much financial aid is available?

95% of students receive some form of financial aid at Nichols College. About 30% receive Pell Grants, indicating support for low-income students. Apply for aid regardless of your family's income level—merit scholarships and institutional grants are available to students at various income levels. Never assume you won't qualify.

Receive Grants 95%
Avg: $22,889 free money/year
Pell Grant Recipients 30%
Federal aid for <$60k income families
Have Federal Loans 74%
Avg: $6,813
School's Own Grants 95%
Avg: $22,198 from school funds

How much do professors earn?

Faculty salaries at Nichols College are above the national average, reflecting the school's investment in attracting and retaining talented professors. Higher faculty compensation often correlates with stronger research programs, better student mentorship, and more resources for academic departments. Look for opportunities to engage with faculty through research, office hours, and smaller seminars.

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