Newberry College
Private College in Newberry, SC. Six-year graduation rate 45%. Median 10-year earnings $48,040.
Students who entered Newberry College land at a median of $48,040 a decade later, close to what most four-year schools deliver. 45% finish within six years — respectable, though a meaningful share still leave without a credential. Median debt at graduation is $26,805, roughly typical for an undergraduate degree.
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 0.9 — limited economic uplift documented
Admissions
Newberry College admits 90% of applicants — effectively open admission, so the application is a formality rather than a hurdle. 4,683 students applied in the most recent cycle — a mid-sized pool drawn mostly from the surrounding region. A 10% yield rate is low: the admitted pool is much larger than the entering class.
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 Newberry College →Academics
Completion is middling: 45% finish inside six years. First-year retention is 69% — the single largest point of attrition on this campus. Retention and completion are close, which places the gap between entering and finishing almost entirely in year one. 32% of students transfer out, which reframes what the graduation rate above is measuring. The 15:1 student-faculty ratio is small enough that seminar-sized classes are the norm.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,462 degree- or certificate-seeking undergraduates
Average net price after grant aid is $21,943 a year — mid-range for a four-year institution. Net price varies modestly by income — $19,887 at $0–30k against $23,578 at $110k+ — so the average is a fair guide for most families. Most students get help: 99% receive grants worth $24,360 on average. Borrowing is widespread: 73% take federal loans.
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 · 470 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 | $19,887 |
| $30–48k | $19,229 |
| $48–75k | $21,786 |
| $75–110k | $23,619 |
| $110k+ | $23,578 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 1,069 of these 1,462 students, totalling $6,823,182 — an average of $6,383 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Newberry County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
Heightened Cash Monitoring (Financial Responsibility); School placed on Heightened Cash Monitoring
VA GI Bill Comparison Tool (Veterans Affairs GIDS)