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Economic score
Paine College is a private liberal arts college located in Augusta, Georgia. Paine College is moderately inclusive in their admissions.
Return on educational investment at Paine College is in the bottom 5% of all ranked schools. The median student earns $31,714 10 years after enrolling, 55th in Georgia, and in the bottom 5% nationally. When adjusted for earning differences by major, Paine College bachelor students earn 30% less than the national average.
The average full-time graduate completes their degree in 5.3 years. 16% of all students graduate within 8 years including part-time students. The graduation rate at Paine College is 31% lower than the state average, and 53% below the average for all liberal arts colleges in the country.
At Paine College, Pell Grant recipients represent 79% of the measured graduating class, 44% higher than the national average of 35%. The average Pell Grant recipient at Paine College graduates within 5.2 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.
Paine College’s economic mobility score of 5.61 is calculated by adjusting the 13.65 economic score of lower-income students by the 79% pell grant recipients within the student body. Paine College’s EMS of 5.61 ranks in the bottom 5% 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 5%
The average Title IV recipient at Paine College pays $14,699 a year, $12,082 less than the $26,781 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 $14,699
Much of the gap between net price and sticker price is filled by institutional and government grants. At Paine 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 $14,699 on average to be covered by the student – be it through loans or out of pocket. In total, 75% of students take out loans, federal or private, at an average amount of $5,069. This is 21% more than the national average.
Federal grants
$3,777
Pell grants
$4,528
State grants
$1,951
Institutional grants
$7,274
Paine College's moderately inclusive admissions are indicated by their 52% acceptance rate. In 2021, the school had 846 applicants, of which 440 were admitted and 79 enrolled. Paine College has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
93%
83%
Female
55%
59%
First time
75%
59%
In-state
91%
68%
1st generation
38%
35%
White
1%
52%
Black
94%
14%
Hispanic
2%
15%
Asian
N/A
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
3%
12%