Manchester University
Private College in North Manchester, IN. Six-year graduation rate 46%. Median 10-year earnings $51,504.
Ten years after entry, the median Manchester University student earns $51,504 — a solidly middle-of-the-pack result for an undergraduate institution. The six-year graduation rate is 46%, meaning about one in two students who start do not finish. Graduates carry a median of $26,854 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
- ! Mobility score 0.4 — limited economic uplift documented
Admissions
71% of applicants get in, so the odds favor most reasonably prepared students. The applicant pool runs to 3,262, typical for a school of this reach. Only 15% of admitted students enroll — the great majority of admits go elsewhere or nowhere.
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 Manchester University →Academics
Six-year completion sits at 46%, meaning about one in two students who enroll leave without finishing. First-year retention is 66% — the single largest point of attrition on this campus. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. At 12:1, students get materially more instructor contact than at a typical public university. As a private nonprofit four-year college, the relevant comparison is other four-year schools rather than the national average across all institutions.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 895 degree- or certificate-seeking undergraduates
Net price lands at $19,425 a year on average, neither cheap nor punishing. Aid is steeply need-based: families in the $0–30k band pay $13,875 while those at $110k+ pay $26,151. 97% of students get grant aid averaging $29,076, so the published price is a poor guide to what most pay. 72% 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 · 288 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 | $13,875 |
| $30–48k | $16,109 |
| $48–75k | $16,607 |
| $75–110k | $21,075 |
| $110k+ | $26,151 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 641 of these 895 students, totalling $5,646,885 — an average of $8,809 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Wabash 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)