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For-profit College

Sullivan University

For-profit College in Louisville, KY. Six-year graduation rate 71%. Median 10-year earnings $38,008.

Verdict Mixed outcomes
Sullivan University · Campus
Median earnings · 10 yr
$38,008
Median debt at grad
$20,000
Graduation rate
71%
Federal loan default
0%

Ten-year median earnings of $38,008 are on the low side, which raises the bar for what this degree needs to cost. 71% graduate within six years, so most students who start here finish here. Graduates carry a median of $20,000 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

Academics

Full-time retention
Transfer-out rate
3%
Student:faculty
13:1

A 71% six-year graduation rate is the strongest academic signal on this page. At 13:1, students get materially more instructor contact than at a typical public university. As a for-profit four-year institution, outcomes here deserve a harder look than the sector average suggests: for-profit institutions vary enormously, and the sector's aggregate numbers hide both strong and very weak performers. With 2,535 undergraduates, the school sits in the middle of the size distribution.

Financial Aid

Average net price
$19,528
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
67%
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 2,528 degree- or certificate-seeking undergraduates

Students pay an average of $19,528 annually once grants are applied. Net price varies modestly by income — $24,325 at $0–30k against $31,735 at $110k+ — so the average is a fair guide for most families. 67% of students receive grant aid, averaging $8,275 — common but not automatic. 62% 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
87%
Average grant
$12,881

IPEDS Student Financial Aid · 2023-24 · 379 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 $24,325
$30–48k $30,628
$48–75k $30,751
$75–110k $31,682
$110k+ $31,735

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 1,578 of these 2,528 students, totalling $17,630,259 — an average of $11,173 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$966/mo
1 bedroom
$1,047/mo
2 bedroom (whole unit)
$1,272/mo

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

Veterans & GI Bill

GI Bill students
220
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Sullivan University with peer institutions

How we evaluate Sullivan 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 →