Faulkner University
Private College in Montgomery, AL. Six-year graduation rate 38%. Median 10-year earnings $43,457.
Ten years after entry, the median Faulkner University student earns $43,457 — a solidly middle-of-the-pack result for an undergraduate institution. The six-year graduation rate is 39% — low enough that finishing cannot be treated as the default outcome. Graduates carry a median of $23,000 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.
- ✓ 3-year loan default 0.0% — below national benchmark
- ! Mobility score 0.7 — limited economic uplift documented
Admissions
An acceptance rate of 73% puts Faulkner University on the accessible end — a realistic target for a broad range of applicants. With 1,073 applicants, admissions statistics here move a lot on small changes. About 34% of admitted students enroll, a yield in the normal range. 14% of enrolled first-years submitted an ACT score. The bands below describe the middle half of that group, not of the class.
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 | — | 4 (2%) |
| SAT Math | — | |
| ACT Composite | 18–21 | 38 (14%) |
IPEDS Admissions · 2024
Apply at Faulkner University →Academics
Completion is the problem here: 39% graduate within six years. 64% of full-time first-years come back for year two, so about one in three are gone before sophomore year. The distance between those two figures is the part worth noticing — students return for a second year at a much higher rate than they graduate, so attrition here is spread across the middle years rather than concentrated in the first. The 36% transfer-out rate is high enough that a large share of this school's students are really passing through. Retention drops to 52% for part-time students, a gap worth weighing if full-time study is not realistic.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,482 degree- or certificate-seeking undergraduates
Net price lands at $19,920 a year on average, neither cheap nor punishing. Net price varies modestly by income — $23,385 at $0–30k against $22,835 at $110k+ — so the average is a fair guide for most families. Grant aid reaches 59% of students at an average of $24,618. Most students borrow — 59% take federal loans to cover the gap.
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 · 228 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 | $23,385 |
| $30–48k | $20,897 |
| $48–75k | $19,170 |
| $75–110k | $21,255 |
| $110k+ | $22,835 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 877 of these 1,482 students, totalling $8,316,649 — an average of $9,483 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Montgomery 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)