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Record retention rates propelled CU Boulder’s total fall enrollment up 3.4% (1,275 students) to 38,428—higher than recent projections—according to new enrollment data published today. 

��ƷSM����ӰƬ staff and faculty have been intentional over the last several years to implement new and innovative strategies that help students complete their degrees, and the latest data demonstrate that those efforts are working. 

Record-breaking retention

��ƷSM����ӰƬ’s fall 2024 census data reports all-time high record-breaking retention and graduation rates:

• Fall 2023 first-year cohort’s second-fall retention rate is 90.2%, up from 89.1% (the first time the university has ever reached 90%).
• Fall 2022 first-year cohort's third-fall retention rate is 83.8%, up from 81.7%.
• Fall 2021 first-year cohort’s fourth-fall retention rate is 79.5%, up from 78.7%.
• Fall 2020 first-year cohort’s fourth-year graduation rate is 59.2%, up from previous high, 57.8%, set by the fall 2017 cohort.

Record-breaking in-state undergraduate cohort

Additionally, ��ƷSM����ӰƬ welcomed its largest-ever number of Colorado residents in a new fall term undergraduate cohort. ��ƷSM����ӰƬ enrolled 4,017 Colorado resident first-year students and 1,046 resident transfer students, for a total of 5,063 new Colorado resident undergraduate students. 

By the numbers

Additional highlights include:

• Moderate gains were reported among Asian American (9.5% to 9.8%) and Hispanic/Latiné students (12.6% to 12.9%). 
• Students who identify as Black or African American also increased from 2.7% to 2.9%. 
• Female students continue to represent roughly half of ��ƷSM����ӰƬ’s enrollment, up from 46.2% to 46.8%.
• In light of consistent improvements in retention since 2021, ��ƷSM����ӰƬ intentionally decreased the size of the first-year class, 1.5% (or 116 students) over fall 2023, to ensure dedicated resources for retention and graduation. The university’s acceptance rate was 76%, a 30-year low.

“Moving forward, ��ƷSM����ӰƬ will continue its efforts to reflect the diversity of Colorado, including efforts to diversify the student body and support all those who join our campus through to graduation,” said Chancellor Justin Schwartz. “While we still have work to do in addressing recruitment and retention gaps among minoritized populations, it’s evident that ��ƷSM����ӰƬ remains a destination of choice for thousands of students across Colorado and beyond.”

FAFSA impacts

First-year, first-generation students declined from 16.1% in fall 2023 to 14%, however, the first-generation transfer cohort—composed primarily of residents (64.5%)—increased from 18% to 20.1%. 

“We believe the decline in first-generation, first-year students was due to FAFSA delays in spite of CU’s reallocation of additional resources to support students,” said Amy Hutton, ��ƷSM����ӰƬ associate vice chancellor of enrollment management, who also noted this belief is reinforced by the increase in first-generation transfer students whose previous FAFSA experience likely helped them weather the uncertainty of last year. “Our campus will continue to invest in our precollegiate and other development programs, which have supported more than 42,000 first-generation scholars and their families to prepare for and access higher education in the past 40 years.”  

Enrollment changes will result in an increase in preliminary budget projections, which will be reassessed with the new census data. Additional one-time fiscal year 2025 revenue from enrollment increases will flow through the campus budget model. ��ƷSM����ӰƬ’s budget model dictates net tuition revenue, which funds mandatory costs, a strategic fund, schools/colleges and administrative support units.