Payback
EarningsPlus
Economic score
Erskine College is a private national university located in Due West, South Carolina. Erskine College is moderately inclusive in their admissions.
Return on educational investment at Erskine College is in the bottom 10% of all ranked schools. The median student earns $43,886 10 years after enrolling, 10th in South Carolina, and in the bottom 50% nationally. When adjusted for earning differences by major, Erskine College bachelor students earn 8% less than the national average.
Erskine College’s median net annual cost of $39,183 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 3 programs at Erskine College sorted by number of graduates - Business Administration, Biology, Health & Fitness - are shown below.
Annual net cost
$39,183
Average years to graduate
4.2
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
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 4.2 years. 44% of all students graduate within 8 years including part-time students. The graduation rate at Erskine College is 9% lower than the state average, and 23% below the average for all national universities in the country.
At Erskine College, Pell Grant recipients represent 44% of the measured graduating class, 9% higher than the national average of 35%. The average Pell Grant recipient at Erskine College graduates within 4.1 years.
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.
Erskine College’s economic mobility score of 7.22 is calculated by adjusting the 8.28 economic score of lower-income students by the 44% pell grant recipients within the student body. Erskine College’s EMS of 7.22 ranks in the bottom 25% nationally. Please note that the economic mobility score considers only students that have graduated.
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 25%
The average Title IV recipient at Erskine College pays $39,183 a year, $14,792 less than the $53,975 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 $39,183
Much of the gap between net price and sticker price is filled by institutional and government grants. At Erskine College, 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 $39,183 on average to be covered by the student – be it through loans or out of pocket. In total, 100% of students take out loans, federal or private, at an average amount of $3,673. This is 46% more than the national average.
Federal grants
$2,998
Pell grants
$4,400
State grants
$3,323
Institutional grants
$16,072
Erskine College's moderately inclusive admissions are indicated by their 63% acceptance rate. In 2021, the school had 1,050 applicants, of which 658 were admitted and 265 enrolled. Erskine College has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
98%
83%
Female
45%
59%
First time
95%
59%
In-state
70%
68%
1st generation
22%
35%
White
42%
52%
Black
17%
14%
Hispanic
5%
15%
Asian
1%
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
34%
12%