CollegeTuitionData — College Data in Plain English

Averett University

Danville, VA 24541 — Private Nonprofit

Value Score: 65/100 | ROI Score: -67 | Affordability Score: 55/100

Tuition (In-State): $38,550 | Out-of-State: $38,550

Acceptance Rate: 56.6% | Graduation Rate: 45.9% | Retention Rate: 65.3%

Median Earnings (10yr): $51,516 | Median Debt: $25,000

SAT Average: 1135 | ACT Midpoint: 20

Student Body Size: 1,231 (small)

Pell Grant Recipients: 41.1% | Federal Loan Rate: 63.3%

Average Faculty Salary: $6,196/month

Tuition & Affordability Analysis

In-state tuition at Averett University is $38,550 per year, which is near the national average for private institutions.

Out-of-state students pay $38,550/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.

Estimated four-year tuition cost: $154,200 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Averett University:

  • Families earning $0–$30,000: $23,064/year
  • Families earning $30,001–$48,000: $16,990/year
  • Families earning $48,001–$75,000: $19,023/year
  • Families earning $75,001–$110,000: $21,959/year
  • Families earning $110,000+: $28,810/year

Low-income families receive an average discount of $15,486/year, paying just 60% of the sticker price.

Admissions Snapshot

Averett University has an acceptance rate of 56.6%, placing it in the Moderately Selective (50–70%) category. This means roughly 544 students apply each year.

The average SAT score of admitted students is 1135, 7% above the national average. This is within the mid-range nationally.

The ACT midpoint is 20, 5% below the national average.

Graduate Outcomes & Return on Investment

45.9% of students at Averett University complete their degree, 26% below the national average. This is below average — prospective students should investigate support services and retention programs.

First-year retention rate: 65.3% (19% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.

Graduates of Averett University earn a median salary of $51,516 ten years after enrollment, 26% above the national average. This represents a $16,516/year earnings premium over the average high school diploma holder, or $495,480 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $25,000, 16% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $271/month, with a total repayment of $32,520 (including $7,520 in interest).

Debt-to-Earnings Ratio: 0.49x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Averett University pays for itself in approximately 10 years. This is a reasonable investment timeline.

Financial Aid Profile

41.1% of students at Averett University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 25% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.

63.3% of students take federal loans, 35% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.

Average faculty salary: $6,196/month, 29% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Averett University enrolls 1,231 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 69/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 49%, Hispanic 4%, Black 26%, Asian 2%.

Averett University: High Tuition with Above-Average Earnings Potential

Report Card: Overall Grade D+

Averett University receives an overall grade of D+ based on six dimensions:

  • Academics: D
  • Value: F
  • Outcomes: C+
  • Affordability: C+

College Analysis

Averett University is a Private Nonprofit institution in Danville, VA with approximately 1,231 students. Averett University has a relatively low graduation rate, which may indicate challenges in student retention. The median earnings 10 years after graduation are above the national average, suggesting a potentially good return on investment. The university's tuition is high, which could be a barrier for some students. The student body is predominantly white, with a small percentage of students from other racial backgrounds.

The Verdict: Is Averett University Worth It?

Averett University presents a complex value proposition. With an in-state and out-of-state tuition of $38,550 and median 10-year earnings of $51,516, the immediate financial picture is challenging. The median debt of $25,000, while not exorbitant, adds to the financial burden. The ROI score of -67 strongly suggests that, on average, graduates do not recoup their investment quickly, and may not fully recoup it within a typical timeframe. The earnings are only about $13,000 higher than the cost of attendance, meaning it takes many years to even break even on tuition alone, let alone account for living expenses and interest on debt. The graduation rate of 45.9% also raises concerns about student success and program completion. While Averett offers specific strengths, such as its aviation program and a supportive regional network, the financial return on investment appears to be a significant drawback. It is not a clear 'good deal' based on the provided metrics. It is likely overpriced for the average graduate's earning potential. Averett might be a 'hidden gem' for students who are highly motivated in specific niche programs (like aviation) and who have a clear post-graduation plan that leverages regional opportunities or leads to higher-paying fields, but for the general student, the financial outlook is concerning. A student would need to earn significantly more than the median to justify the cost.

Return on Investment

Despite the high tuition, the strong earning potential suggests that Averett University can be a worthwhile investment for students who can manage their debt.

Debt Reality Check

Median student debt at Averett University: $25,000. Monthly payment on a standard 10-year plan: $284/month. Total repaid: $34,080 ($9,080 in interest).

Breakeven vs high school diploma: 1.2 years. Debt burden: Manageable. Salary needed for comfortable repayment: $34,080.

Strengths

  • Strong earning potential 10 years post-graduation
  • Above-average median earnings

Weaknesses

  • Low graduation rate
  • High tuition costs

Academic Profile

SAT Average: 1135. ACT Midpoint: 20. Retention Rate: 65.3%.

Averett University offers a robust academic experience with particular strengths in its professional programs, designed to prepare students for immediate career success. The School of Business and the School of Education are consistently recognized for their quality and relevance in the job market. The School of Nursing is another standout, providing hands-on training and clinical experiences that are highly valued by healthcare employers. Averett also offers a strong Bachelor of Arts in English and a popular Criminal Justice program. Research opportunities, while perhaps not as extensive as at larger research institutions, are available, particularly for students in science and business programs, often involving faculty mentorship on specific projects. The faculty at Averett are known for their accessibility and commitment to student success, with a student-faculty ratio of approximately 12:1, allowing for personalized attention and smaller class sizes. This close interaction fosters a supportive learning environment where students can easily engage with professors. Averett offers an Honors Program for academically gifted students, providing enriched coursework and opportunities for independent study. Study abroad programs are available, though typically through partnerships with external providers, offering students a chance to gain international perspectives. Academic support is a cornerstone of the Averett experience, with the Academic Success Center providing tutoring, academic advising, and workshops on study skills, writing, and time management, ensuring students have the resources they need to thrive academically.

Financial Aid Guide for Averett University

Pell Grant recipients: 41.1%. Students taking federal loans: 63.3%.

Navigating financial aid at Averett University involves understanding both merit-based and need-based aid, alongside institutional scholarships. Averett is committed to making education accessible and offers a range of financial assistance options. Merit scholarships are a significant component, awarded based on academic achievement, including GPA and standardized test scores (though these are not currently required for admission). These can range from a few thousand dollars to covering a substantial portion of tuition, with top awards potentially reaching $20,000-$25,000 annually. Need-based aid is determined by the FAFSA (Free Application for Federal Student Aid) and Averett's own institutional aid application. Families with an Expected Family Contribution (EFC) below $10,000 often qualify for significant need-based grants and federal loans. Averett also participates in the Federal Work-Study program, offering students opportunities for part-time employment on campus or in community service roles to help offset educational expenses. Typical aid packages for students from middle-income families (e.g., $60,000-$100,000 annual income) might include a combination of merit scholarships ($10,000-$18,000) and federal grants/loans, potentially reducing the net cost of attendance to around $20,000-$25,000 per year. Scholarship tips include applying early, exploring external scholarships, and highlighting leadership or community service involvement on applications. While Averett is generally supportive of financial aid discussions, direct negotiation of aid packages is less common than at highly selective institutions; however, appealing for additional aid based on significant changes in financial circumstances is usually possible.

Hidden Costs at Averett University

  • Room and Board: On-campus housing and meal plans typically range from $10,000 to $14,000 per academic year, depending on the chosen housing style and meal plan.
  • Textbooks and Supplies: Budget approximately $1,000 to $1,500 annually for textbooks, course materials, and necessary supplies.
  • Technology Fee: A mandatory technology fee of around $200-$300 per semester is applied to support campus technology infrastructure.
  • Transportation: Costs for travel home, local transportation, or personal vehicle expenses can vary significantly but budget at least $500-$1,000 per year.
  • Personal Expenses: Allow for $1,500-$2,500 annually for personal items, entertainment, laundry, and other miscellaneous living costs.
  • Activity Fees: Some student organizations or athletic events may have associated fees or costs for participation or attendance, typically ranging from $50-$200 per year.
  • Graduation Fee: A one-time graduation fee, usually assessed in the final year, can range from $100 to $250.

Alumni Outcomes & Career Paths

Averett University graduates enter a diverse job market, with alumni finding roles across various sectors. While specific major employer lists are not publicly detailed, common industries for Averett alumni include education, healthcare, business, and aviation. Many graduates are employed by regional healthcare systems such as Centra Health and Danville Regional Medical Center, reflecting the university's strong nursing and health science programs. The education sector sees alumni joining local school districts like Danville Public Schools and Pittsylvania County Public Schools. In the business realm, graduates may find positions in finance, marketing, and management roles within companies like DISH Network, which has a significant presence in the region, or smaller local businesses. The university's aviation program, a notable feature, often leads graduates into careers with regional airlines or in aviation management roles. Graduate school placement rates are not prominently published, but students pursuing advanced degrees often target programs in education, counseling, and business administration. Career services at Averett are designed to support students through resume building, interview preparation, and networking opportunities. The university emphasizes internship pipelines, encouraging students to gain practical experience. These internships often occur with local businesses and organizations, providing a direct pathway to potential employment. Geographic hiring patterns show a strong concentration of alumni within Virginia, particularly in the Southside region, but also extending to North Carolina and other Mid-Atlantic states. While Averett may not have a vast network of Fortune 500 companies actively recruiting on campus, it cultivates strong regional ties that benefit its graduates.

Campus Life & Culture at Averett University

Averett University's student body is primarily composed of undergraduate students from Virginia and surrounding states, with a growing number of out-of-state and international students contributing to a more diverse campus environment. The university thrives with students who are seeking a close-knit community, personalized attention from faculty, and a clear path toward career readiness, particularly in its strong professional programs.

Averett University cultivates a close-knit, community-focused campus environment, often described as having a 'family feel.' Nestled in Danville, Virginia, the university's main campus is a blend of historic and modern architecture, with the picturesque Dan River providing a scenic backdrop. Student life is active but not overwhelming, catering to those who appreciate a supportive atmosphere. The Student Activities Council (SAC) is the driving force behind many campus events, from movie nights and concerts to intramural sports tournaments and community service projects. Averett boasts over 30 student organizations, covering a wide range of interests including academic clubs, cultural groups, and special interest organizations like the Averett Gaming Association. Housing options are plentiful, with traditional residence halls for underclassmen and apartment-style living for upperclassmen, ensuring a comfortable transition as students progress. The dining hall, known as the Dining Commons, offers a variety of meal options, with stations that cater to different tastes and dietary needs, and meal plans are structured to provide flexibility. While Averett doesn't have a large Greek life presence, the fraternities and sororities that are present are integrated into the campus social fabric. Athletics are a significant part of the Averett experience, with the Averett Cougars competing in the USA South Athletic Conference. Sports like football, basketball, soccer, and esports are popular, drawing enthusiastic crowds to games and fostering a strong sense of school spirit. The overall vibe is one of engaged learning and community involvement, where students are encouraged to participate, connect, and make the most of their college journey in a supportive setting.

Campus Highlights

  • The Dan River: Offers scenic views and opportunities for outdoor recreation right on campus.
  • Averett's Flight Program: One of the few universities with its own airport and flight training facilities, offering a unique pathway for aspiring pilots.
  • Community-Focused Vibe: A strong emphasis on a supportive, family-like atmosphere where students and faculty know each other.
  • Athletic Excellence: A robust NCAA Division III athletics program with strong participation and school spirit.
  • Professional Program Strengths: Highly regarded Schools of Business, Education, and Nursing prepare students for direct career entry.
  • Student Activities Council (SAC): Actively plans a diverse range of engaging events and activities throughout the academic year.
  • Historic Danville Location: Proximity to a city with a rich history, offering cultural and community engagement opportunities.

Location & Regional Advantages

Averett University's location in Danville, Virginia, offers a unique set of regional advantages and challenges for its students. Danville, situated in the Southside region of Virginia, provides a lower cost of living compared to major metropolitan areas, making it an attractive option for students and graduates managing finances. The local job market is primarily driven by healthcare, manufacturing, and education sectors. Major employers in the immediate vicinity include Centra Health, Danville Public Schools, and various manufacturing facilities. While Danville itself may not be a bustling economic hub, its proximity to larger North Carolina cities like Greensboro and Winston-Salem (approximately an hour's drive) offers access to a broader range of industries, including advanced manufacturing, logistics, and technology. This proximity allows Averett students to potentially secure internships and job opportunities in these larger markets while benefiting from the more affordable living costs of Danville. The quality of life in Danville is characterized by a slower pace, a strong sense of community, and access to outdoor recreational activities along the Dan River. Weather is typical of the Mid-Atlantic, with four distinct seasons. Safety is generally comparable to other mid-sized towns. The geographic positioning, while not placing Averett at the epicenter of a major economic boom, provides a balance: a supportive, affordable community with reasonable access to more dynamic employment centers, influencing career opportunities by fostering strong regional connections and offering a gateway to larger markets.

How to Get Into Averett University

Averett University employs a holistic review process, valuing a student's overall profile beyond just grades and test scores. Given its 56.6% admission rate, Averett is moderately selective, meaning a strong academic record and compelling application are important. While Averett does not currently require SAT/ACT scores, submitting them can strengthen an application if scores are within or above the typical range for admitted students (though this range is not explicitly published). A GPA of 3.0 or higher is generally recommended for competitive consideration. The admissions committee looks for students who demonstrate potential for success both academically and through extracurricular involvement. Essays are a crucial component; focus on topics that showcase your personality, resilience, leadership, or unique experiences. Averett values students who are engaged and community-minded. Demonstrated interest is considered, so attending virtual or in-person information sessions, visiting campus (if possible), and maintaining communication with your admissions counselor can positively impact your application. Applying Early Action (EA) is recommended if Averett is a top choice, as it allows you to receive an admission decision earlier without the binding commitment of Early Decision. The ideal timeline is to have your application completed by November 1st for Early Action and by February 1st for regular decision to ensure full consideration for admission and financial aid.

How Averett University Compares to Similar Schools

Similar schools: Longwood University, Radford University, Emory & Henry College, Ferrum College

Advantages

  • Stronger focus on aviation and equestrian programs compared to some peers.
  • Smaller class sizes and more personalized attention due to lower overall enrollment.
  • Deeply embedded in the Danville and Southside Virginia community, fostering strong regional employer relationships.

Disadvantages

  • Lower overall national recognition and brand prestige compared to larger state universities.
  • Lower graduation rates suggest potential challenges in student retention and success.
  • Limited geographic reach for alumni networks compared to more established institutions.

Best For

  • Prospective students who prioritize high graduation rates and lower tuition costs may want to consider other options.
  • Students seeking a diverse student body may find Averett less appealing.

Avoid If

  • Students who are willing to invest in a high-quality education and can manage student debt may benefit from Averett's strong earning potential.
  • Prospective students who are looking for a more affordable option may want to explore other private institutions.

Frequently Asked Questions about Averett University

How much does it cost to attend Averett University?

In-state tuition at Averett University is $38,550 per year, and out-of-state tuition is $38,550 per year. The median student debt at graduation is $25,000.

What is the acceptance rate at Averett University?

Averett University has an acceptance rate of 56.6%.

What is the graduation rate at Averett University?

Averett University has a graduation rate of 45.9%.

How much do Averett University graduates earn?

The median earnings for Averett University graduates 10 years after enrollment is $51,516. With median debt of $25,000, graduates earn roughly 2.1x their debt level annually.

How big is Averett University?

Averett University has approximately 1,231 students and is classified as a small institution. It is located in Danville, VA and is a Private Nonprofit institution.

Is Averett University worth the cost?

Averett University has an ROI score of -67 out of 100. With in-state tuition of $38,550 per year and median post-graduation earnings of $51,516, the data suggests the return on investment may be below average.

Where is Averett University located?

Averett University is located in Danville, VA. It is a Private Nonprofit institution with approximately 1,231 students.

How much student debt do Averett University graduates have?

The median student debt for Averett University graduates is $25,000. With median earnings of $51,516 ten years after enrollment, graduates can expect a debt-to-income ratio of 49%.

Is Averett University a good college?

Averett University has a graduation rate of 45.9% and median post-graduation earnings of $51,516. Graduation rate is below the national average for similar institutions.

How does Averett University compare to similar colleges?

Tuition is high, ranking in the top quartile of private universities. While Averett University offers above-average earnings potential, its high tuition and low graduation rate may make it less attractive compared to other institutions.

What career prospects do Averett University graduates have?

Graduates of Averett University are well-positioned for careers that can justify the cost of tuition, such as in finance or technology.

What should prospective students know about Averett University?

Averett University is positioned in a niche market for private, small, and affordable institutions with strong earning potential.

What makes Averett University stand out?

Median earnings 10 years post-graduation are above the national average.

What are the pros and cons of attending Averett University?

Student debt is moderate compared to other private institutions.

Explore More

Colleges in Virginia

Browse all colleges in Virginia

Similar Schools

College Rankings

Research Tools

H-1B Visa Salary Data

Visit Averett University official website

View on College Scorecard (Dept. of Education)

Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.