May 1 College Enrollment Deposit Trends 2023

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On May 1, millions of students submit enrollment deposits to the college or university they plan to attend in the fall. At Carnegie, we work with institutions of various sizes, locations, affiliations, and more,  which gives us access to a wide variety of data regarding where students are depositing. Now that May 1 is in the rearview mirror, we’re sharing with you the enrollment deposit trends we saw by institution location, size, and type. We hope this is helpful contextual information for you and your team as you reinforce your 2023 incoming class.

Deposit trends analysis

Location

From the group of institutions we reviewed, those located in rural and suburban settings saw increases in total enrollment deposits on average, while those in urban locations saw decreases. When it comes to regional differences, institutions in the South, Midwest, and Northeast averaged increases, whereas those located in the West averaged an overall decrease.


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