Goshen College
Private College in Goshen, IN. Six-year graduation rate 65%. Median 10-year earnings $51,943.
Students who entered Goshen College land at a median of $51,943 a decade later, close to what most four-year schools deliver. Completion is a strength: 65% of students finish within six years. Graduates carry a median of $22,974 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
Admissions
84% of applicants get in, so the odds favor most reasonably prepared students. 1,576 applications came in, enough to make the rates below reasonably stable year to year. Yield is low at 15%, so most admitted students do not end up enrolling. 11% of enrolled first-years submitted an SAT 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 | 440–550 | 21 (11%) |
| SAT Math | 440–560 | |
| ACT Composite | — | 2 (1%) |
IPEDS Admissions · 2024
Apply at Goshen College →Academics
A 65% 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. A 22% transfer-out rate accounts for part of that gap: those students left for another institution rather than dropping out, and the graduation rate above counts them as non-completers here. At 9:1, students get materially more instructor contact than at a typical public university.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 761 degree- or certificate-seeking undergraduates
Net price lands at $16,693 a year on average, neither cheap nor punishing. Income makes less difference than usual: $12,761 at $0–30k, $19,447 at $110k+. Grant aid is widespread — 92% of students receive it, averaging $29,914. Federal borrowing reaches 48% 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 · 156 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 | $12,761 |
| $30–48k | $6,947 |
| $48–75k | $15,163 |
| $75–110k | $17,413 |
| $110k+ | $19,447 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 366 of these 761 students, totalling $2,387,591 — an average of $6,523 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Elkhart 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)