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Private College

Meredith College

Private College in Raleigh, NC. Six-year graduation rate 70%. Median 10-year earnings $51,539.

Verdict Mixed outcomes
Meredith College · Campus
Median earnings · 10 yr
$51,539
Median debt at grad
$25,000
Mobility score
1.3
% bottom→top quintile
Graduation rate
70.1%
Federal loan default
0%

Ten years after entry, the median Meredith College student earns $51,539 — a solidly middle-of-the-pack result for an undergraduate institution. Completion is a strength: 70% of students finish within six years. Graduates carry a median of $25,000 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.

Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Admissions

Acceptance rate
74%
Applicants
1,983
Yield rate
18.5%

An acceptance rate of 74% puts Meredith College on the accessible end — a realistic target for a broad range of applicants. 1,983 applications came in, enough to make the rates below reasonably stable year to year. A 19% yield rate is low: the admitted pool is much larger than the entering class. The score bands below rest on the 11% of enrolled first-years who submitted an SAT score — a self-selected group, and not a cutoff.

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 588–668 30 (11%)
SAT Math 510–680
ACT Composite 23–29 37 (14%)

IPEDS Admissions · 2024

Apply at Meredith College →

Academics

Full-time retention
79%
Transfer-out rate
23%
Student:faculty
10:1

A 70% six-year graduation rate is the strongest academic signal on this page. 79% of full-time first-years come back for year two, so about one in five are gone before sophomore year. A 23% 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 10:1, 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

Average net price
$24,323
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
99%
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 1,277 degree- or certificate-seeking undergraduates

Students pay an average of $24,323 annually once grants are applied. The income table below is the number that matters — $17,207 at $0–30k versus $29,117 at $110k+. Most students get help: 99% receive grants worth $33,316 on average. 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
100%
Average grant
$33,116

IPEDS Student Financial Aid · 2023-24 · 325 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 $17,207
$30–48k $19,006
$48–75k $18,064
$75–110k $23,678
$110k+ $29,117

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 718 of these 1,277 students, totalling $4,810,876 — an average of $6,700 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,524/mo
1 bedroom
$1,596/mo
2 bedroom (whole unit)
$1,750/mo

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

Veterans & GI Bill

GI Bill students
71
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Meredith College with peer institutions

How we evaluate Meredith College

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