Folsom Lake College
Public Community College in Folsom, CA. Six-year graduation rate 44%. Median 10-year earnings $42,568.
Students who entered Folsom Lake College land at a median of $42,568 a decade later, close to what most four-year schools deliver. Six-year completion sits at 44%, near the national average for undergraduate institutions.
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
Academics
44% graduate within six years — average, but that average still hides a large group who do not. Retention of 73% means a meaningful slice of each entering class does not return. 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. Transfer-out runs to 13% — common enough at this school that the completion rate is measuring a smaller group than the entering class. Retention drops to 37% 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 8,937 degree- or certificate-seeking undergraduates
At $8,982 a year on average after grant aid, cost is low here relative to most undergraduate institutions. The gap between the $0–30k and $110k+ bands is narrow ($4,458 versus $10,400), meaning aid is not strongly need-weighted. Grant aid reaches 61% of students at an average of $2,466. Federal borrowing is uncommon here at 2% of students.
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 · 842 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 | $4,458 |
| $30–48k | $4,933 |
| $48–75k | $7,747 |
| $75–110k | $9,776 |
| $110k+ | $10,400 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 208 of these 8,937 students, totalling $1,580,094 — an average of $7,597 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Sacramento 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)