Payback
EarningsPlus
Economic score
Welch College is a private regional college located in Gallatin, Tennessee. Welch College has an open admissions policy.
Return on educational investment at Welch College is in the bottom 25% of all ranked schools. The median student earns $38,815 10 years after enrolling, 34th in Tennessee, and in the bottom 25% nationally. When adjusted for earning differences by major, Welch College bachelor students earn 1% more than the national average.
Welch College’s median net annual cost of $21,448 and average years to graduate of 4.6 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 1 programs at Welch College sorted by number of graduates - Education - are shown below.
Annual net cost
$21,448
Average years to graduate
4.6
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 4.6 years. 36% of all students graduate within 8 years including part-time students. The graduation rate at Welch College is 21% lower than the state average, and 13% below the average for all regional colleges in the country.
At Welch College, Pell Grant recipients represent 24% of the measured graduating class, 11% lower than the national average of 35%. The average Pell Grant recipient at Welch College graduates within 4.7 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.
Welch College’s economic mobility score of 3.53 is calculated by adjusting the 8.9 economic score of lower-income students by the 24% pell grant recipients within the student body. Welch College’s EMS of 3.53 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 Welch College pays $21,448 a year, $13,862 less than the $35,310 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 $21,448
Much of the gap between net price and sticker price is filled by institutional and government grants. At Welch College, 92% 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 $21,448 on average to be covered by the student – be it through loans or out of pocket. In total, 38% of students take out loans, federal or private, at an average amount of $8,786. This is 16% less than the national average.
Federal grants
$8,206
Pell grants
$4,418
State grants
$4,670
Institutional grants
$9,774
Full time
95%
83%
Female
55%
59%
First time
68%
59%
In-state
52%
68%
1st generation
N/A
35%
White
82%
52%
Black
8%
14%
Hispanic
5%
15%
Asian
N/A
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
4%
12%