Payback
EarningsPlus
Economic score
Averett University is a private regional university located in Danville, Virginia. Averett University is selective in their admissions.
Return on educational investment at Averett University is in the bottom 25% of all ranked schools. The median student earns $45,467 10 years after enrolling, 25th in Virginia, and in the bottom 50% nationally. When adjusted for earning differences by major, Averett University bachelor students earn 10% less than the national average. Averett University is ranked 28th in Virginia.
Averett University’s median net annual cost of $28,218 and average years to graduate of 4.2 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Averett University sorted by number of graduates - Business Administration, Health & Fitness, Medical Prep, Criminal Justice, Registered Nursing, Clinical / Counseling Psych - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$28,218
Average years to graduate
4.2
Quantitative methods Mgmt.
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 17.67
Computer Systems Analysis
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 46.39
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 4 graduate programs at Averett University - Educ. Administration, Business Administration, Curriculum and Instruction, Special Education - are shown below.
The average full-time graduate completes their degree in 4.2 years. 51% of all students graduate within 8 years including part-time students. The graduation rate at Averett University is 12% lower than the state average, and 7% below the average for all regional universities in the country.
At Averett University, Pell Grant recipients represent 45% of the measured graduating class, 10% higher than the national average of 35%. The average Pell Grant recipient at Averett University graduates within 4.3 years.
Averett University is in the top 25% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Averett University’s economic mobility score of 10.4 is calculated by adjusting the 6.68 economic score of lower-income students by the 45% pell grant recipients within the student body. Averett University’s EMS of 10.4 ranks in the bottom 50% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 50%
The average Title IV recipient at Averett University pays $28,218 a year, $22,888 less than the $51,106 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $28,218
Much of the gap between net price and sticker price is filled by institutional and government grants. At Averett University, 100% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $28,218 on average to be covered by the student – be it through loans or out of pocket. In total, 83% of students take out loans, federal or private, at an average amount of $7,111. This is 29% more than the national average.
Federal grants
$5,925
Pell grants
$4,651
State grants
$4,968
Institutional grants
$21,272
Averett University offers 4 online bachelor programs, one of which is held exclusively online. At the master’s level Averett University offers 8 programs, all of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
12
Hybrid programs
3
Percentage of programs online
16%
Averett University's selective admissions are indicated by their 48% acceptance rate. In 2021, the school had 3,462 applicants, of which 1,652 were admitted and 231 enrolled. Averett University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
55%
83%
Female
53%
59%
First time
49%
59%
In-state
51%
68%
1st generation
38%
35%
White
54%
52%
Black
28%
14%
Hispanic
4%
15%
Asian
1%
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
12%
12%