Spartanburg Methodist College
Private Community College in Spartanburg, SC. Six-year graduation rate 43%. Median 10-year earnings $42,895.
Ten years after entry, the median Spartanburg Methodist College student earns $42,895 — a solidly middle-of-the-pack result for an undergraduate institution. The six-year graduation rate is 43%, meaning about three in five students who start do not finish. Graduates leave owing a median of $12,000 — modest by four-year standards. On economic mobility, 2.6% 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.
- ✓ Debt-to-income ratio 0.28 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
78% of applicants get in, so the odds favor most reasonably prepared students. The applicant pool runs to 2,212, typical for a school of this reach. 28% of those admitted enroll, which is unremarkable in either direction.
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 Spartanburg Methodist College →Academics
Six-year completion sits at 43%, meaning about three in five students who enroll leave without finishing. The 33% transfer-out rate is high enough that a large share of this school's students are really passing through. A 16:1 ratio is unremarkable; expect a mix of lecture halls and seminars. This is a private nonprofit four-year college, so read every rate on this page against that peer group specifically. The undergraduate body is just 1,045, which shapes everything from class size to how often a required course is offered.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,045 degree- or certificate-seeking undergraduates
Average net price is $14,799 a year after grant aid — low for a four-year institution, though your own figure depends on aid eligibility. Income makes less difference than usual: $13,794 at $0–30k, $18,025 at $110k+. Most students get help: 96% receive grants worth $15,943 on average. 46% of students take federal loans, a middling borrowing rate.
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 · 438 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 | $13,794 |
| $30–48k | $13,416 |
| $48–75k | $15,673 |
| $75–110k | $15,204 |
| $110k+ | $18,025 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 480 of these 1,045 students, totalling $2,487,522 — an average of $5,182 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Spartanburg 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)