Allen College
Private College in Waterloo, IA. Median 10-year earnings $71,261.
A decade after enrolling, the median Allen College student earns $71,261 — comfortably above what the typical bachelor's-granting institution returns. Graduates carry a median of $18,750 in debt — in line with the national norm.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.26 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | — | — |
| SAT Math | — | |
| ACT Composite | — | — |
IPEDS Admissions · 2024
Apply at Allen College →Academics
No six-year graduation rate is reported for this institution, which is common for schools whose students are mostly part-time, transfer in, or enroll in short programs that the federal cohort measure does not track. Its absence is not itself a bad sign, but it does remove the clearest completion signal. A 8:1 ratio points to small classes and accessible faculty. As a private nonprofit four-year college, the relevant comparison is other four-year schools rather than the national average across all institutions. The undergraduate body is just 279, which shapes everything from class size to how often a required course is offered.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 279 degree- or certificate-seeking undergraduates
Net price is not reported for this institution, which means there is no single what-you-pay number to compare — the aid participation rates below are the closest available proxy. Grant aid is widespread — 94% of students receive it, averaging $9,236. 68% of students borrow federally, so debt is the norm rather than the exception.
Federal student loans went to 191 of these 279 students, totalling $1,445,149 — an average of $7,566 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Black Hawk County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)