Finlandia University, MI

Private Nonprofit 4-Year • Very Small • Highly Residential Baccalaureate College Not Selective • High Transfer-In Affiliated with the Evangelical Lutheran Church Main Campus
place
601 Quincy St, Hancock, MI 49930
phone
(906) 482-5300

Finlandia University Rankings

Affordability51
Selectivity9
Retention21
Graduation1
Earnings15
Diversity63
1 ← Poor Great → 100

Academics

Academics at Finlandia University

81% Bachelor’s
19% Associate’s
- Certificate
Bach Highest Degree

Share of Graduates by Field of Study

Business, Management, Marketing22%
English Language and Literature1%
Health Professions and Related Programs48%
Law Enforcement, Firefighting4%
Liberal Arts and Sciences, Humanities12%
Social Sciences3%
Visual and Performing Arts10%

Admissions

Getting into Finlandia University

32% Admission Rate
490 Median SAT Math
495 Median SAT Reading
20 Median ACT Composite

Typical Test Scores

SAT Math (25–75%)440–540
200 800
SAT Reading (25–75%)450–540
200 800
ACT Composite (25–75%)17–22
1 36

Cost

Cost of Attending Finlandia University

$23K In-State Tuition
$23K Out-of-State Tuition
$34K Average Total Cost
$23K Average Net Cost

Average Net Price by Family Income

Family Income School MI US
$0–$30K $22K $14K $14K
$30K–$48K $20K $14K $15K
$48K–$75K $23K $16K $17K
$75K–$110K $23K $18K $19K
>$110K $26K $19K $21K

Debt

Typical Debt after Finlandia University

90% Receive Federal Loans
$12K Median Federal Debt
53% Repayment Rate
$210 Median Payment

Received Financial Aid

Family Income School MI US
$0–$30K 39% 57% 57%
$30K–$48K 17% 14% 16%
$48K–$75K 17% 13% 12%
$75K–$110K 11% 10% 9%
>$110K 16% 10% 11%

Student Debt

Category School MI US
The median debt for family income between $0–$30K $15K $11K $11K
The median debt for family income between $30K–$75K $12K $12K $12K
The median debt for students with family income >$75K $10K $11K $12K
The median debt for Pell students $15K $12K $12K
The median debt for no-Pell students $9K $10K $11K
Cumulative loan debt at the 90th percentile $35K $24K $25K
Cumulative loan debt at the 75th percentile $20K $17K $18K
Cumulative loan debt at the 25th percentile $6K $6K $6K
Cumulative loan debt at the 10th percentile $3K $3K $3K

Repayment Rates

Period School MI US
1-year after entering repayment 46% 36% 43%
3-years after entering repayment 53% 41% 46%
5-years after entering repayment 58% 45% 50%
7-years after entering repayment 64% 49% 55%

Completion

Completion Rates at Finlandia University

68% Retention Rate
- Transfer Rate
25% Withdrawal Rate
30% Graduation Rate

Graduation Rates by Time Taken

Time Taken School MI US
Within 4 Years 18% 35% 38%
Within 6 Years 30% 53% 55%
Within 8 Years 26% 55% 56%

Graduation Rates by Ethnicity

Ethnicity and Nativity School MI US
Asian 33% 43% 53%
Black 33% 29% 39%
Caucasian 30% 44% 52%
Hispanic or Latino 30% 35% 47%
Native American or Alaskan Native 100% 36% 40%
Native Hawaiian or Pacific Islander 33% 34% 43%
Non-US citizens/residents 44% 47% 50%
Two or more races 50% 34% 44%
Other race 14% 36% 44%

Outcomes

Outcomes after Finlandia University

89% Employment Rate
$27K Median Salary
$14K 25 Pctl Salary
$42K 75 Pctl Salary

Employment over Time

Period School MI US
Employed 6 years after enrollment 89% 84% 85%
Employed 7 years after enrollment 85% 82% 84%
Employed 8 years after enrollment 84% 83% 84%
Employed 9 years after enrollment 84% 81% 83%
Employed 10 years after enrollment 87% 82% 83%

Distribution of Earnings after Graduation

Percentile School MI US
10th percentile of earnings $4K $6K $7K
25th percentile of earnings $14K $16K $17K
50th percentile of earnings $27K $26K $29K
75th percentile of earnings $42K $40K $43K
90th percentile of earnings $53K $51K $57K

Median Earnings over Time

Period School MI US
Earnings 6 years after enrollment $27K $26K $29K
Earnings 8 years after enrollment $30K $29K $32K
Earnings 10 years after enrollment $32K $32K $35K

Students

Students at Finlandia University

405 Undergraduates
68% Full-time Undergrads
20 Avg Entry Age
- Graduate Students

Enrollment by Gender

Gender School MI US
Female degree-seeking undergraduates 49% 69% 64%
Male degree-seeking undergraduates 51% 31% 35%

Enrollment by Race and Nativity

Race and Nativity School MI US
Asian <1% 2% 4%
Black 5% 21% 18%
Caucasian 53% 61% 49%
Hispanic or Latino 4% 5% 18%
Native American or Alaskan Native 1% 2% 1%
Native Hawaiian or Pacific Islander 1% <1% <1%
Non-US citizens/residents <1% 1% 2%
Two or more races 3% 4% 3%
Other race 32% 4% 4%

Enrollment by Family Income

Family Income School MI US
$0–$30K 35% 42% 43%
$30K–$48K 12% 16% 18%
$48K–$75K 21% 16% 16%

Location Map

Nearby Colleges

Colleges near Finlandia University, MI

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