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Private College

Benedict College

Private College in Columbia, SC. Six-year graduation rate 24%. Median 10-year earnings $31,902.

Verdict Mixed outcomes
Benedict College · Campus
Median earnings · 10 yr
$31,902
Median debt at grad
$32,500
Graduation rate
24.3%
Federal loan default
0%

Students who entered Benedict College reach a median of $31,902 a decade later, a figure that trails the typical four-year outcome. Completion is the weak point: 24% graduate within six years. Graduates leave owing a median of $32,500 — a substantial load to service on these earnings.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • 3-year loan default 0.0% — below national benchmark
Red Flags
  • ! Debt-to-income ratio 1.02 — elevated (above 0.60)
  • ! Graduation rate 24% — below national average

Admissions

Acceptance rate
96%
Applicants
5,098
Yield rate
8.0%

With an acceptance rate of 96%, Benedict College takes nearly everyone who applies. The applicant pool runs to 5,098, typical for a school of this reach. Yield is low at 8%, so most admitted students do not end up enrolling.

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 Benedict College →

Academics

Full-time retention
57%
Transfer-out rate
6%
Student:faculty
13:1

A six-year graduation rate of 24% means finishing is closer to the exception than the rule. 57% first-year retention is low enough to be the defining risk of enrolling here. Retention runs well ahead of completion, which means students are not leaving immediately; they are leaving somewhere between the second year and the finish line. Part-time students fare worse, returning at 45% — relevant if you plan to work while enrolled. At 13:1, students get materially more instructor contact than at a typical public university.

Financial Aid

Average net price
$18,665
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
94%
degree- or certificate-seeking undergraduates
% receiving federal loans
68%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,573 degree- or certificate-seeking undergraduates

Average net price after grant aid is $18,665 a year — mid-range for a four-year institution. The gap between the $0–30k and $110k+ bands is narrow ($17,177 versus $20,328), meaning aid is not strongly need-weighted. 94% of students get grant aid averaging $15,364, so the published price is a poor guide to what most pay. 68% 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.

% receiving grants
95%
Average grant
$13,335

IPEDS Student Financial Aid · 2023-24 · 343 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 $17,177
$30–48k $18,686
$48–75k $19,295
$75–110k $20,250
$110k+ $20,328

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 1,073 of these 1,573 students, totalling $7,881,406 — an average of $7,345 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Richland County) — budget these against any cost-of-attendance housing estimate.

Studio
$1,032/mo
1 bedroom
$1,164/mo
2 bedroom (whole unit)
$1,276/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

GI Bill students
112
Yellow Ribbon
No
Principles of Excellence
No

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Benedict College with peer institutions

How we evaluate Benedict College

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →