Hendrix College
Private College in Conway, AR. Six-year graduation rate 72%. Median 10-year earnings $60,376.
Ten-year median earnings of $60,376 are the headline number here, and they are strong ones. The six-year graduation rate of 72% is well above average and the clearest sign this school holds onto its students. Debt at graduation runs to a median of $26,688, neither a bargain nor a burden.
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 0.6 — limited economic uplift documented
Admissions
At 56%, the acceptance rate makes Hendrix College a school worth applying to with alternatives in hand. 3,161 students applied in the most recent cycle — a mid-sized pool drawn mostly from the surrounding region. Only 18% of admitted students enroll — the great majority of admits go elsewhere or nowhere. Read the score bands below narrowly: only 10% 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 | 560–668 | 31 (10%) |
| SAT Math | 563–680 | |
| ACT Composite | 23–31 | 158 (50%) |
IPEDS Admissions · 2024
Apply at Hendrix College →Academics
72% of students finish within six years, putting completion well above the national norm. Retention is strong at 80%, and first-year attrition is where most degrees are lost. 28% transfer out. IPEDS does not follow them, so whether they finished elsewhere is not recorded either way. A 11:1 ratio points to small classes and accessible faculty. This is a private nonprofit four-year college, so read every rate on this page against that peer group specifically.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,091 degree- or certificate-seeking undergraduates
Students pay an average of $24,699 annually once grants are applied. Net price swings hard on family income here, from $15,951 at the $0–30k band to $27,453 at $110k+. 100% of students get grant aid averaging $34,346, so the published price is a poor guide to what most pay. Federal borrowing reaches 45% 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 · 275 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 | $15,951 |
| $30–48k | $18,838 |
| $48–75k | $26,414 |
| $75–110k | $26,396 |
| $110k+ | $27,453 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 494 of these 1,091 students, totalling $3,106,798 — an average of $6,289 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Faulkner 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)