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Private College

Furman University

Private College in Greenville, SC. Six-year graduation rate 79%. Median 10-year earnings $68,635.

Verdict Solid outcomes
Furman University · Campus
Median earnings · 10 yr
$68,635
Median debt at grad
$23,250
Mobility score
0.7
% bottom→top quintile
Graduation rate
78.8%
Federal loan default
0%

Students who entered Furman University reach a median of $68,635 ten years later, which puts this school in the upper band of undergraduate earnings outcomes. 79% graduate within six years, so most students who start here finish here. Median debt at graduation is $23,250, roughly typical for an undergraduate degree.

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

Green Flags
  • Debt-to-income ratio 0.34 — healthy (below the 0.40 threshold)
  • Graduation rate 79% — well above the national average
  • 3-year loan default 0.0% — below national benchmark
Red Flags
  • ! Mobility score 0.7 — limited economic uplift documented

Admissions

Acceptance rate
43%
Applicants
10,813
Yield rate
13.1%

At 43%, the acceptance rate makes Furman University a school worth applying to with alternatives in hand. The applicant pool is large — 10,813 in the most recent cycle — so the published rate reflects genuine competition rather than a small-sample quirk. A 13% yield rate is low: the admitted pool is much larger than the entering class. Read the score bands below narrowly: only 27% 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 650–720 166 (27%)
SAT Math 610–710
ACT Composite 28–32 133 (22%)

IPEDS Admissions · 2024

Apply at Furman University →

Academics

Full-time retention
91%
Transfer-out rate
19%
Student:faculty
10:1

79% of students finish within six years, putting completion well above the national norm. Retention is strong at 91%, and first-year attrition is where most degrees are lost. Retention and completion are close, which places the gap between entering and finishing almost entirely in year one. 19% transfer out. IPEDS does not follow them, so whether they finished elsewhere is not recorded either way. The 10:1 student-faculty ratio is small enough that seminar-sized classes are the norm.

Financial Aid

Average net price
$34,086
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
28%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 2,322 degree- or certificate-seeking undergraduates

Average net price — what students actually pay after grant aid — is $34,086 a year, at the high end of undergraduate cost. Net price swings hard on family income here, from $16,401 at the $0–30k band to $39,310 at $110k+. Grant aid is widespread — 99% of students receive it, averaging $41,367. About 28% borrow federally, roughly the national pattern.

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
$42,811

IPEDS Student Financial Aid · 2023-24 · 618 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 $16,401
$30–48k $17,290
$48–75k $21,041
$75–110k $27,736
$110k+ $39,310

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 647 of these 2,322 students, totalling $4,011,624 — an average of $6,200 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,166/mo
1 bedroom
$1,221/mo
2 bedroom (whole unit)
$1,339/mo

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

Veterans & GI Bill

GI Bill students
61
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Furman University with peer institutions

How we evaluate Furman University

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