Payback
EarningsPlus
Economic score
Randolph, Macon College is a private liberal arts college located in Ashland, Virginia. Randolph-Macon College is very inclusive in their admissions.
Return on educational investment at Randolph-Macon College is in the top 50% of all ranked schools. The median student earns $53,288 10 years after enrolling, 13th in Virginia, and in the top 50% nationally. When adjusted for earning differences by major, Randolph-Macon College bachelor students earn 2% more than the national average. Randolph-Macon College is ranked 15th in Virginia.
Randolph, Macon College’s median net annual cost of $25,551 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 Randolph-Macon College sorted by number of graduates - Business and Commerce, Biology, Comms & Media Studies, Psychology, Accounting, Natural Resource Conservation - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$25,551
Average years to graduate
4.2
Mathematics
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 3.69
Economics
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 4.08
Poli Sci/Government
Rank: #184
Economic score: 4.41
History
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 6.19
Religious Studies
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 7.33
English Language & Lit
Rank: #211
Economic score: 7.43
Sociology
Rank: #290
Economic score: 10.94
Arts, Entertainment & Media
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 11.63
The average full-time graduate completes their degree in 4.2 years. 68% of all students graduate within 8 years including part-time students. The graduation rate at Randolph-Macon College is 5% higher than the state average, and 1% below the average for all liberal arts colleges in the country.
At Randolph-Macon College, Pell Grant recipients represent 19% of the measured graduating class, 16% lower than the national average of 35%. The average Pell Grant recipient at Randolph-Macon College graduates within 4.1 years.
Randolph-Macon College is in the bottom 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.
Randolph, Macon College’s economic mobility score of 7.9 is calculated by adjusting the 4.36 economic score of lower-income students by the 19% pell grant recipients within the student body. Randolph-Macon College’s EMS of 7.9 ranks in the bottom 25% 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 25%
The average Title IV recipient at Randolph, Macon College pays $25,551 a year, $33,769 less than the $59,320 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 $25,551
Much of the gap between net price and sticker price is filled by institutional and government grants. At Randolph-Macon 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 $25,551 on average to be covered by the student – be it through loans or out of pocket. In total, 61% of students take out loans, federal or private, at an average amount of $9,002. This is 7% more than the national average.
Federal grants
$5,384
Pell grants
$4,776
State grants
$3,633
Institutional grants
$26,825
Randolph, Macon College's very inclusive admissions are indicated by their 84% acceptance rate. In 2021, the school had 2,250 applicants, of which 1,886 were admitted and 345 enrolled. Randolph-Macon College doesn't have a rolling admissions policy, which means applications are reviewed after a hard admissions deadline.
Full time
100%
83%
Female
55%
59%
First time
91%
59%
In-state
77%
68%
1st generation
23%
35%
White
76%
52%
Black
9%
14%
Hispanic
6%
15%
Asian
1%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
8%
12%