Payback
EarningsPlus
Economic score
Randolph College is a private liberal arts college located in Lynchburg, Virginia. Randolph College is very inclusive in their admissions.
Return on educational investment at Randolph College is in the bottom 25% of all ranked schools. The median student earns $46,968 10 years after enrolling, 23rd in Virginia, and in the bottom 50% nationally. When adjusted for earning differences by major, Randolph College bachelor students earn 21% less than the national average. Randolph College is ranked 27th in Virginia.
Randolph College’s median net annual cost of $23,325 and average years to graduate of 4.3 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 1 programs at Randolph College sorted by number of graduates - Biology - are shown below.
Annual net cost
$23,325
Average years to graduate
4.3
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 1 graduate programs at Randolph College - Curriculum and Instruction - 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 4.3 years. 54% of all students graduate within 8 years. The graduation rate at Randolph College is 8% lower than the state average, and 15% below the average for all liberal arts colleges in the country.
At Randolph College, Pell Grant recipients represent 39% of the measured graduating class, 4% higher than the national average of 35%. The average Pell Grant recipient at Randolph College graduates within 4.1 years.
Randolph College is in the top 50% 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.
The average Title IV recipient at Randolph College pays $23,325 a year, $17,647 less than the $40,972 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 $23,325
Much of the gap between net price and sticker price is filled by institutional and government grants. At Randolph 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 $23,325 on average to be covered by the student – be it through loans or out of pocket. In total, 88% of students take out loans, federal or private, at an average amount of $6,459. This is 34% more than the national average.
Federal grants
$5,577
Pell grants
$4,757
State grants
$3,624
Institutional grants
$12,341
Randolph College's very inclusive admissions are indicated by their 94% acceptance rate. In 2021, the school had 1,161 applicants, of which 1,089 were admitted and 138 enrolled. Randolph College doesn't have a rolling admissions policy, which means applications are reviewed after a hard admissions deadline.
Full time
100%
83%
Female
71%
59%
First time
88%
59%
In-state
71%
68%
1st generation
26%
35%
White
58%
52%
Black
19%
14%
Hispanic
10%
15%
Asian
2%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
11%
12%