Averett University
Private College in Danville, VA. Six-year graduation rate 48%. Median 10-year earnings $51,516.
Students who entered Averett University land at a median of $51,516 a decade later, close to what most four-year schools deliver. The six-year graduation rate is 48%, meaning about one in two students who start do not finish. Debt at graduation runs to a median of $25,000, neither a bargain nor a burden.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
- ! Mobility score 0.6 — limited economic uplift documented
Admissions
At 57%, the acceptance rate makes Averett University a school worth applying to with alternatives in hand. 2,573 applications came in, enough to make the rates below reasonably stable year to year. A 18% yield rate is low: the admitted pool is much larger than the entering class. Read the score bands below narrowly: only 7% of enrolled first-years submitted an SAT score, and test-optional applicants are not represented in them.
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 | 448–583 | 18 (7%) |
| SAT Math | 478–560 | |
| ACT Composite | 15–28 | 7 (3%) |
IPEDS Admissions · 2024
Apply at Averett University →Academics
Completion is middling: 48% finish inside six years. 65% of full-time first-years come back for year two, so about one in three are gone before sophomore year. Retention and completion are close, which places the gap between entering and finishing almost entirely in year one. 29% transfer out. IPEDS does not follow them, so whether they finished elsewhere is not recorded either way. At 16:1, class sizes land in the normal range for an undergraduate institution.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,162 degree- or certificate-seeking undergraduates
Net price lands at $23,471 a year on average, neither cheap nor punishing. The gap between the $0–30k and $110k+ bands is narrow ($23,064 versus $28,810), meaning aid is not strongly need-weighted. 88% of students get grant aid averaging $25,256, so the published price is a poor guide to what most pay. 64% of students borrow federally, so debt is the norm rather than the exception.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 282 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $23,064 |
| $30–48k | $16,990 |
| $48–75k | $19,023 |
| $75–110k | $21,959 |
| $110k+ | $28,810 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 747 of these 1,162 students, totalling $5,327,661 — an average of $7,132 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Danville City) — 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)