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Economic score
Roanoke College is a private liberal arts college located in Salem, Virginia. Roanoke College is very inclusive in their admissions.
Return on educational investment at Roanoke College is in the bottom 50% of all ranked schools. The median student earns $50,770 10 years after enrolling, 15th in Virginia, and in the top 50% nationally. When adjusted for earning differences by major, Roanoke College bachelor students earn 9% less than the national average. Roanoke College is ranked 20th in Virginia.
Roanoke College’s median net annual cost of $26,997 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 Roanoke College sorted by number of graduates - Business Administration, Health & Fitness, Psychology, Biology, Comms & Media Studies, Natural Resource Conservation - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$26,997
Average years to graduate
4.2
Poli Sci/Government
Rank: #252
Economic score: 5.64
Criminal Justice
Rank: #360
Economic score: 12.54
Sociology
Rank: #383
Economic score: 208.6
The average full-time graduate completes their degree in 4.2 years. 69% of all students graduate within 8 years including part-time students. The graduation rate at Roanoke College is 7% higher than the state average, and 0% above the average for all liberal arts colleges in the country.
At Roanoke College, Pell Grant recipients represent 25% of the measured graduating class, 10% lower than the national average of 35%. The average Pell Grant recipient at Roanoke College graduates within 4.2 years.
Roanoke College is in the bottom 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.
Roanoke College’s economic mobility score of 8.28 is calculated by adjusting the 5.13 economic score of lower-income students by the 25% pell grant recipients within the student body. Roanoke College’s EMS of 8.28 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 Roanoke College pays $26,997 a year, $37,853 less than the $64,850 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 $26,997
Much of the gap between net price and sticker price is filled by institutional and government grants. At Roanoke 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 $26,997 on average to be covered by the student – be it through loans or out of pocket. In total, 69% of students take out loans, federal or private, at an average amount of $8,460. This is 15% more than the national average.
Federal grants
$5,678
Pell grants
$4,677
State grants
$3,935
Institutional grants
$30,538
Roanoke College's very inclusive admissions are indicated by their 80% acceptance rate. In 2021, the school had 4,953 applicants, of which 3,981 were admitted and 465 enrolled. Roanoke College doesn't have a rolling admissions policy, which means applications are reviewed after a hard admissions deadline.
Full time
100%
83%
Female
60%
59%
First time
85%
59%
In-state
51%
68%
1st generation
21%
35%
White
82%
52%
Black
5%
14%
Hispanic
5%
15%
Asian
2%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
6%
12%