Randolph-Macon College
Private College in Ashland, VA. Six-year graduation rate 70%. Median 10-year earnings $58,448.
Students who entered Randolph-Macon College land at a median of $58,448 a decade later, close to what most four-year schools deliver. The six-year graduation rate of 71% is well above average and the clearest sign this school holds onto its students. Graduates leave owing a median of $27,000 — a substantial load to service on these earnings.
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 0.6 — limited economic uplift documented
Admissions
With an acceptance rate of 87%, Randolph-Macon College takes nearly everyone who applies. 3,242 students applied in the most recent cycle — a mid-sized pool drawn mostly from the surrounding region. Yield is low at 19%, so most admitted students do not end up enrolling. The score bands below rest on the 26% 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 | 500–630 | 139 (26%) |
| SAT Math | 480–590 | |
| ACT Composite | 21–27 | 13 (2%) |
IPEDS Admissions · 2024
Apply at Randolph-Macon College →Academics
71% of students finish within six years, putting completion well above the national norm. Retention is strong at 84%, and first-year attrition is where most degrees are lost. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. At 11:1, 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 1,489 degree- or certificate-seeking undergraduates
Net price averages $28,912 annually, so cost is the first thing to weigh here. Aid is steeply need-based: families in the $0–30k band pay $16,601 while those at $110k+ pay $32,226. Grant aid is widespread — 99% of students receive it, averaging $34,915. 58% 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 · 430 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 | $16,601 |
| $30–48k | $20,983 |
| $48–75k | $23,357 |
| $75–110k | $26,303 |
| $110k+ | $32,226 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 860 of these 1,489 students, totalling $5,573,216 — an average of $6,480 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Hanover 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)