Louisburg College
Private Community College in Louisburg, NC. Six-year graduation rate 22%. Median 10-year earnings $34,818.
Ten-year median earnings of $34,818 are on the low side, which raises the bar for what this degree needs to cost. Only 22% finish within six years, so roughly four in five students leave without the credential they enrolled for. Graduates leave owing a median of $12,000 — modest by four-year standards.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.34 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
- ! Graduation rate 22% — below national average
Admissions
At 56%, the acceptance rate makes Louisburg College a school worth applying to with alternatives in hand. With 998 applicants, admissions statistics here move a lot on small changes. A 40% yield rate puts this school in the upper range for admits who follow through.
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 | — | — |
| SAT Math | — | |
| ACT Composite | — | — |
IPEDS Admissions · 2024
Apply at Louisburg College →Academics
Only 22% finish within six years, so roughly four in five students leave without the credential. Retention is weak: only 41% of full-time first-years return, so roughly three in five leave after one year. Retention and completion are close, which places the gap between entering and finishing almost entirely in year one. A 13% 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 18:1, class sizes land in the normal range for an undergraduate institution.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 405 degree- or certificate-seeking undergraduates
Average net price after grant aid is $24,843 a year — mid-range for a four-year institution. Income makes less difference than usual: $21,975 at $0–30k, $27,614 at $110k+. Most students get help: 100% receive grants worth $14,686 on average. 81% of students borrow federally, so debt is the norm rather than the exception.
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 · 256 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 | $21,975 |
| $30–48k | $20,871 |
| $48–75k | $23,406 |
| $75–110k | $23,704 |
| $110k+ | $27,614 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 328 of these 405 students, totalling $1,796,748 — an average of $5,478 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Franklin 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)