Payback
EarningsPlus
Economic score
Converse University is a private regional university located in Spartanburg, South Carolina. Converse University is very inclusive in their admissions.
Return on educational investment at Converse University is in the bottom 10% of all ranked schools. The median student earns $38,109 10 years after enrolling, 23rd in South Carolina, and in the bottom 25% nationally. When adjusted for earning differences by major, Converse University bachelor students earn 10% less than the national average. Converse University is ranked 18th in South Carolina.
Converse University’s median net annual cost of $25,534 and average years to graduate of 4.5 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 3 programs at Converse University sorted by number of graduates - Psychology, Design & Applied Arts, Business Administration - are shown below.
Annual net cost
$25,534
Average years to graduate
4.5
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
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 3 graduate programs at Converse University - Education, Mental & Social Health Services, Educ. Administration - are shown below.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
The average full-time graduate completes their degree in 4.5 years. 56% of all students graduate within 8 years including part-time students. The graduation rate at Converse University is 4% higher than the state average, and 1% below the average for all regional universities in the country.
At Converse University, Pell Grant recipients represent 47% of the measured graduating class, 12% higher than the national average of 35%. The average Pell Grant recipient at Converse University graduates within 4.5 years.
Converse 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.
Converse University’s economic mobility score of 5.53 is calculated by adjusting the 10.27 economic score of lower-income students by the 47% pell grant recipients within the student body. Converse University’s EMS of 5.53 ranks in the bottom 5% 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 5%
The average Title IV recipient at Converse University pays $25,534 a year, $11,676 less than the $37,210 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 $25,534
Much of the gap between net price and sticker price is filled by institutional and government grants. At Converse 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 $25,534 on average to be covered by the student – be it through loans or out of pocket. In total, 66% of students take out loans, federal or private, at an average amount of $6,045. This is 12% more than the national average.
Federal grants
$5,208
Pell grants
$4,683
State grants
$7,223
Institutional grants
$7,472
Converse University's very inclusive admissions are indicated by their 82% acceptance rate. In 2021, the school had 2,353 applicants, of which 1,929 were admitted and 296 enrolled. Converse University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
92%
83%
Female
N/A
59%
First time
82%
59%
In-state
74%
68%
1st generation
32%
35%
White
61%
52%
Black
12%
14%
Hispanic
5%
15%
Asian
2%
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
18%
12%