undergradly.
For-profit College

South University-Richmond

For-profit College in Glen Allen, VA. Six-year graduation rate 33%. Median 10-year earnings $34,421.

Verdict Mixed outcomes
South University-Richmond · Campus
Median earnings · 10 yr
$34,421
Median debt at grad
$26,123
Graduation rate
33.3%
Federal loan default
0%

Students who entered South University-Richmond reach a median of $34,421 a decade later, a figure that trails the typical four-year outcome. Only 33% finish within six years, so roughly two in three students leave without the credential they enrolled for. Debt at graduation runs to a median of $26,123, neither a bargain nor a burden.

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
  • ! Debt-to-income ratio 0.76 — elevated (above 0.60)
  • ! Graduation rate 33% — below national average

Academics

Full-time retention
67%
Transfer-out rate
11%
Student:faculty
11:1

Completion is the problem here: 33% graduate within six years. Retention of 67% means a meaningful slice of each entering class does not return. Retention runs well ahead of completion, which means students are not leaving immediately; they are leaving somewhere between the second year and the finish line. A 11:1 ratio points to small classes and accessible faculty. This is a for-profit four-year institution. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category.

Financial Aid

Average net price
$30,442
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
84%
degree- or certificate-seeking undergraduates
% receiving federal loans
65%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 244 degree- or certificate-seeking undergraduates

Net price averages $30,442 annually, so cost is the first thing to weigh here. The gap between the $0–30k and $110k+ bands is narrow ($29,903 versus $33,277), meaning aid is not strongly need-weighted. 84% of students receive grant aid, averaging $5,740 — common but not automatic. 65% 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.

% receiving grants
100%
Average grant
$6,135

IPEDS Student Financial Aid · 2023-24 · 9 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 $29,903
$30–48k $31,379
$48–75k —
$75–110k —
$110k+ $33,277

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 159 of these 244 students, totalling $1,231,727 — an average of $7,747 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,442/mo
1 bedroom
$1,507/mo
2 bedroom (whole unit)
$1,655/mo

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

Veterans & GI Bill

GI Bill students
22
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare South University-Richmond with peer institutions

How we evaluate South University-Richmond

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