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Private College

Saint Martin's University

Private College in Lacey, WA. Six-year graduation rate 52%. Median 10-year earnings $62,092.

Verdict Solid outcomes
Saint Martin's University · Campus
Median earnings · 10 yr
$62,092
Median debt at grad
$22,500
Mobility score
3.0
% bottom→top quintile
Graduation rate
51.9%
Federal loan default
0%

Students who entered Saint Martin's University reach a median of $62,092 ten years later, which puts this school in the upper band of undergraduate earnings outcomes. Six-year completion sits at 52%, near the national average for undergraduate institutions. Median debt at graduation is $22,500, roughly typical for an undergraduate degree. On economic mobility, 3.0% of students travel from the bottom income quintile to the top.

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
90%
Applicants
2,127
Yield rate
12.8%

With an acceptance rate of 90%, Saint Martin's University takes nearly everyone who applies. 2,127 applications came in, enough to make the rates below reasonably stable year to year. Only 13% of admitted students enroll — the great majority of admits go elsewhere or nowhere. The score bands below rest on the 12% 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 510–610 29 (12%)
SAT Math 515–620
ACT Composite 16–20 9 (4%)

IPEDS Admissions · 2024

Apply at Saint Martin's University →

Academics

Full-time retention
65%
Transfer-out rate
30%
Student:faculty
11:1

52% graduate within six years — average, but that average still hides a large group who do not. Retention of 65% means a meaningful slice of each entering class does not return. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. 30% transfer out. IPEDS does not follow them, so whether they finished elsewhere is not recorded either way. A 11:1 ratio points to small classes and accessible faculty.

Financial Aid

Average net price
$29,116
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
91%
degree- or certificate-seeking undergraduates
% receiving federal loans
69%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,254 degree- or certificate-seeking undergraduates

Net price averages $29,116 annually, so cost is the first thing to weigh here. Net price swings hard on family income here, from $22,810 at the $0–30k band to $33,354 at $110k+. 91% of students get grant aid averaging $30,823, so the published price is a poor guide to what most pay. Most students borrow — 69% 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
99%
Average grant
$33,654

IPEDS Student Financial Aid · 2023-24 · 258 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 $22,810
$30–48k $24,499
$48–75k $24,997
$75–110k $30,232
$110k+ $33,354

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 870 of these 1,254 students, totalling $4,006,645 — an average of $4,605 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,538/mo
1 bedroom
$1,682/mo
2 bedroom (whole unit)
$1,960/mo

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

Veterans & GI Bill

GI Bill students
458
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Saint Martin's University with peer institutions

How we evaluate Saint Martin's University

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