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Private College

Central College

Private College in Pella, IA. Six-year graduation rate 66%. Median 10-year earnings $54,317.

Verdict Mixed outcomes
Central College · Campus
Median earnings · 10 yr
$54,317
Median debt at grad
$26,984
Mobility score
0.9
% bottom→top quintile
Graduation rate
66.2%
Federal loan default
0%

Students who entered Central College land at a median of $54,317 a decade later, close to what most four-year schools deliver. Completion is a strength: 66% of students finish within six years. Debt at graduation runs to a median of $26,984, 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.

Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags
  • ! Mobility score 0.9 — limited economic uplift documented

Admissions

Acceptance rate
86%
Applicants
1,706
Yield rate
21.0%

With an acceptance rate of 86%, Central College takes nearly everyone who applies. 1,706 students applied in the most recent cycle — a mid-sized pool drawn mostly from the surrounding region. Yield sits at 21% — the remainder of admitted students enroll elsewhere or not at all. Read the score bands below narrowly: only 3% 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 528–560 8 (3%)
SAT Math 528–560
ACT Composite 20–26 131 (42%)

IPEDS Admissions · 2024

Apply at Central College →

Academics

Full-time retention
80%
Transfer-out rate
30%
Student:faculty
11:1

A 66% six-year graduation rate is the strongest academic signal on this page. Retention is strong at 80%, and first-year attrition is where most degrees are lost. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. Transfer-out runs to 30% — common enough at this school that the completion rate is measuring a smaller group than the entering class. A 11:1 ratio points to small classes and accessible faculty.

Financial Aid

Average net price
$23,848
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
99%
degree- or certificate-seeking undergraduates
% receiving federal loans
72%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,068 degree- or certificate-seeking undergraduates

Net price lands at $23,848 a year on average, neither cheap nor punishing. Aid is steeply need-based: families in the $0–30k band pay $16,231 while those at $110k+ pay $27,165. 99% of students get grant aid averaging $12,354, so the published price is a poor guide to what most pay. Borrowing is widespread: 72% take federal loans.

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
100%
Average grant
$13,925

IPEDS Student Financial Aid · 2023-24 · 274 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 $16,231
$30–48k $16,237
$48–75k $19,532
$75–110k $21,936
$110k+ $27,165

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 769 of these 1,068 students, totalling $4,986,281 — an average of $6,484 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$701/mo
1 bedroom
$808/mo
2 bedroom (whole unit)
$1,016/mo

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

Veterans & GI Bill

GI Bill students
20
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Central College with peer institutions

How we evaluate Central 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 →