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For-profit College

Gould's Academy

For-profit College in Memphis, TN.

Verdict Profile in progress
Gould's Academy · Campus
Median debt at grad
$7,767
Federal loan default
0%
Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
88%
Transfer-out rate
—
Student:faculty
6:1

The federal six-year graduation rate is not published here — typically because the entering cohort this measure follows is too small or too atypical to report. Treat completion as unknown rather than assuming either direction. 88% of full-time first-years return for a second year — a healthy figure. At 6:1, students get materially more instructor contact than at a typical public university. This is a for-profit short-program school. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category. This is a small school — 278 undergraduates — so cohorts are tight and the program list is necessarily short.

Financial Aid

Average net price
$10,188
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
59%
degree- or certificate-seeking undergraduates
% receiving federal loans
56%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 278 degree- or certificate-seeking undergraduates

At $10,188 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 ($10,887 versus $15,380), meaning aid is not strongly need-weighted. About 59% get grants averaging $5,341, so plan on the possibility of paying closer to full price. Most students borrow — 56% 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.

% receiving grants
81%
Average grant
$5,494

IPEDS Student Financial Aid · 2023-24 · 52 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 $10,887
$30–48k $11,689
$48–75k $13,983
$75–110k $15,380
$110k+ $15,380

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 157 of these 278 students, totalling $1,036,503 — an average of $6,602 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,060/mo
1 bedroom
$1,154/mo
2 bedroom (whole unit)
$1,274/mo

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

Veterans & GI Bill

VA caution flag

School has an accreditation issue

GI Bill students
11
Yellow Ribbon
No
Principles of Excellence
No

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Gould's Academy with peer institutions

How we evaluate Gould's Academy

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