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Private College

Providence College

Private College in Providence, RI. Six-year graduation rate 86%. Median 10-year earnings $87,054.

Verdict Solid outcomes
Providence College · Campus
Median earnings · 10 yr
$87,054
Median debt at grad
$27,000
Mobility score
0.9
% bottom→top quintile
Graduation rate
85.8%
Federal loan default
0%

Ten-year median earnings of $87,054 are the headline number here, and they are strong ones. The six-year graduation rate of 86% is well above average and the clearest sign this school holds onto its students. Debt is the pressure point: a median of $27,000 at graduation.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • Debt-to-income ratio 0.31 — healthy (below the 0.40 threshold)
  • Graduation rate 86% — well above the national average
  • 3-year loan default 0.0% — below national benchmark
Red Flags
  • ! Mobility score 0.9 — limited economic uplift documented

Admissions

Acceptance rate
51%
Applicants
12,521
Yield rate
19.2%

At 51%, the acceptance rate makes Providence College a school worth applying to with alternatives in hand. With 12,521 applications received, this is a school operating at national scale. A 19% yield rate is low: the admitted pool is much larger than the entering class. The score bands below rest on the 19% 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 630–700 237 (19%)
SAT Math 620–690
ACT Composite 29–32 58 (5%)

IPEDS Admissions · 2024

Apply at Providence College →

Academics

Full-time retention
94%
Transfer-out rate
12%
Student:faculty
11:1

86% of students finish within six years, putting completion well above the national norm. Retention is strong at 94%, and first-year attrition is where most degrees are lost. A 11:1 ratio points to small classes and accessible faculty. Judge these figures against other institutions of the same type — sector explains more of the variation in completion than any single campus factor. 4,191 undergraduates makes this a mid-sized institution.

Financial Aid

Average net price
$48,618
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
78%
degree- or certificate-seeking undergraduates
% receiving federal loans
57%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 4,170 degree- or certificate-seeking undergraduates

Average net price — what students actually pay after grant aid — is $48,618 a year, at the high end of undergraduate cost. Aid is steeply need-based: families in the $0–30k band pay $28,152 while those at $110k+ pay $56,699. About 78% get grants averaging $32,482, so plan on the possibility of paying closer to full price. Most students borrow — 57% 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
83%
Average grant
$31,873

IPEDS Student Financial Aid · 2023-24 · 1,191 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 $28,152
$30–48k $21,835
$48–75k $25,296
$75–110k $33,169
$110k+ $56,699

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 2,391 of these 4,170 students, totalling $15,481,695 — an average of $6,475 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,318/mo
1 bedroom
$1,402/mo
2 bedroom (whole unit)
$1,729/mo

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

Veterans & GI Bill

GI Bill students
45
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Providence College with peer institutions

How we evaluate Providence 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 →