Just the mention of admission rate or acceptance rate gets most students and parents and educators emotional, stressed and concerned. Let’s take a look into what the admission rate means. Admission rate is the percentage of the applicants who have received an offer of admission from a college. In isolation, the admission rate gives limited information about the college. The admission rate is an important metric, BUT it has to be viewed in conjunction with a few other metrics for it to make sense for students and parents looking at colleges for application.