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Private College

Shenandoah University

Private College in Winchester, VA. Six-year graduation rate 67%. Median 10-year earnings $58,433.

Verdict Mixed outcomes
Shenandoah University · Campus
Median earnings · 10 yr
$58,433
Median debt at grad
$25,000
Mobility score
1.1
% bottom→top quintile
Graduation rate
66.8%
Federal loan default
0%

Students who entered Shenandoah University land at a median of $58,433 a decade later, close to what most four-year schools deliver. Completion is a strength: 67% 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
77%
Applicants
4,200
Yield rate
16.7%

An acceptance rate of 77% puts Shenandoah University on the accessible end — a realistic target for a broad range of applicants. 4,200 students applied in the most recent cycle — a mid-sized pool drawn mostly from the surrounding region. Yield is low at 17%, so most admitted students do not end up enrolling.

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 Shenandoah University →

Academics

Full-time retention
82%
Transfer-out rate
23%
Student:faculty
12:1

A 67% six-year graduation rate is the strongest academic signal on this page. Retention is strong at 82%, 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. 23% transfer out. IPEDS does not follow them, so whether they finished elsewhere is not recorded either way. A 12:1 ratio points to small classes and accessible faculty.

Financial Aid

Average net price
$27,181
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
97%
degree- or certificate-seeking undergraduates
% receiving federal loans
62%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 2,127 degree- or certificate-seeking undergraduates

Net price lands at $27,181 a year on average, neither cheap nor punishing. The income table below is the number that matters — $24,356 at $0–30k versus $33,591 at $110k+. 97% of students get grant aid averaging $19,339, so the published price is a poor guide to what most pay. Borrowing is widespread: 62% 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.

% receiving grants
100%
Average grant
$24,747

IPEDS Student Financial Aid · 2023-24 · 483 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 $24,356
$30–48k $26,715
$48–75k $26,635
$75–110k $30,332
$110k+ $33,591

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 1,314 of these 2,127 students, totalling $9,870,876 — an average of $7,512 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,133/mo
1 bedroom
$1,255/mo
2 bedroom (whole unit)
$1,573/mo

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

Veterans & GI Bill

GI Bill students
218
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Shenandoah University with peer institutions

How we evaluate Shenandoah 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 →