CollegeTuitionData — College Data in Plain English

DePauw University

Greencastle, IN 46135-1772 — Private Nonprofit

Value Score: 75/100 | ROI Score: -70 | Affordability Score: 35/100

Tuition (In-State): $59,070 | Out-of-State: $59,070

Acceptance Rate: 57.2% | Graduation Rate: 77.4% | Retention Rate: 88.6%

Median Earnings (10yr): $70,527 | Median Debt: $27,000

SAT Average: 1340 | ACT Midpoint: 28

Student Body Size: 1,905 (small)

Pell Grant Recipients: 16.4% | Federal Loan Rate: 31.7%

Average Faculty Salary: $10,094/month

Tuition & Affordability Analysis

In-state tuition at DePauw University is $59,070 per year, which is 50% above the national average for private institutions.

Out-of-state students pay $59,070/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: $236,280 (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 DePauw University:

  • Families earning $0–$30,000: $11,820/year
  • Families earning $30,001–$48,000: $13,957/year
  • Families earning $48,001–$75,000: $12,979/year
  • Families earning $75,001–$110,000: $21,774/year
  • Families earning $110,000+: $31,225/year

Low-income families receive an average discount of $47,250/year, paying just 20% of the sticker price.

Admissions Snapshot

DePauw University has an acceptance rate of 57.2%, placing it in the Moderately Selective (50–70%) category. This means roughly 833 students apply each year.

The average SAT score of admitted students is 1340, 26% above the national average. This reflects a strong academic student body.

The ACT midpoint is 28, 33% above the national average.

Graduate Outcomes & Return on Investment

77.4% of students at DePauw University complete their degree, 25% above the national average. This is a solid graduation rate.

First-year retention rate: 88.6% (9% above the national average). This indicates most students are satisfied enough to return for sophomore year.

Graduates of DePauw University earn a median salary of $70,527 ten years after enrollment, 72% above the national average. This represents a $35,527/year earnings premium over the average high school diploma holder, or $1,065,810 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $27,000, 26% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $293/month, with a total repayment of $35,160 (including $8,160 in interest).

Debt-to-Earnings Ratio: 0.38x. 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 DePauw University pays for itself in approximately 7 years. This is a reasonable investment timeline.

Financial Aid Profile

16.4% of students at DePauw University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 50% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.

31.7% of students take federal loans, 33% below the national average. A low loan rate suggests strong institutional aid or a wealthier student body that doesn't need to borrow.

Average faculty salary: $10,094/month, 16% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

DePauw University enrolls 1,905 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 67/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 57%, Hispanic 8%, Black 6%, Asian 2%.

DePauw University: A Strong Academic Institution with Good Earnings Potential

Report Card: Overall Grade D+

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

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

College Analysis

DePauw University is a Private Nonprofit institution in Greencastle, IN with approximately 1,905 students. DePauw University has a strong academic reputation with a high graduation rate and good earnings potential. The university offers a small, close-knit community with a diverse student body. DePauw provides a high-quality education with a relatively low tuition cost for in-state students.

The Verdict: Is DePauw University Worth It?

DePauw University's sticker price of $59,070 is substantial, and the median 10-year earnings of $70,527 present a concerning picture for its value proposition. With a median debt of $27,000, the debt-to-earnings ratio is not ideal, suggesting a potentially long payoff period. The reported ROI score of -70 further reinforces concerns about the financial return on investment, indicating that, on average, graduates are not seeing a significant financial advantage over their investment within the typical 10-year timeframe compared to other institutions. While the quality of education and the liberal arts experience are valuable, the financial metrics suggest that DePauw may be overpriced for many students, especially when considering the potential for lower-cost alternatives that offer similar or even better career outcomes. The average graduate will take approximately 3.8 years to pay off their debt based on these figures, assuming a significant portion of their income goes towards repayment. This is a considerable time, especially when factoring in living expenses. Therefore, DePauw is likely not a good deal for the average student solely based on financial metrics. A clear recommendation is to carefully evaluate all financial aid packages and compare them rigorously against other institutions before committing.

Return on Investment

While the degree is worth the cost for many students, the ROI score is negative, indicating that the cost of attendance may not be fully offset by earnings potential.

Debt Reality Check

Median student debt at DePauw University: $27,000. Monthly payment on a standard 10-year plan: $307/month. Total repaid: $36,840 ($9,840 in interest).

Breakeven vs high school diploma: 0.7 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,840.

Strengths

  • Strong academic programs and high graduation rate
  • Good earnings potential for graduates
  • Diverse student body

Weaknesses

  • Moderate selectivity with a 57.2% admission rate
  • Relatively low tuition cost for in-state students
  • Limited extracurricular activities due to small size

Academic Profile

SAT Average: 1340. ACT Midpoint: 28. Retention Rate: 88.6%.

DePauw University is renowned for its strong liberal arts foundation, offering a challenging and personalized academic experience. The university boasts particular strengths in its Economics and Management (including the highly regarded Greencastle-based Business program), Political Science, English, and the Sciences, with robust pre-professional advising for fields like law and medicine. With a student-faculty ratio that is typically low, DePauw emphasizes close mentorship and undergraduate research opportunities. Students have ample chances to engage in faculty-led research projects, often presenting their findings at academic conferences or contributing to publications. The Honor Scholar Program provides an enriched academic path for high-achieving students, offering advanced seminars and independent study opportunities. DePauw also strongly encourages global learning through its extensive study abroad programs, with a significant percentage of students participating in international experiences during their junior year. Academic support is readily available through resources like the Center for Academic and Experiential Learning, which offers tutoring, writing support, and academic advising, ensuring students have the tools to succeed in DePauw's demanding curriculum.

Financial Aid Guide for DePauw University

Pell Grant recipients: 16.4%. Students taking federal loans: 31.7%.

DePauw University is committed to making its education accessible through a combination of merit-based and need-based financial aid. For the incoming class, the university typically awards a substantial amount in institutional aid, with a significant portion of that being merit scholarships based on academic achievement (GPA, course rigor, and standardized test scores, though these are currently optional). Need-based grants are also a crucial component, aiming to bridge the gap between a family's ability to pay and the cost of attendance. DePauw's financial aid packages often include grants, scholarships, and federal work-study opportunities. For families with an Expected Family Contribution (EFC) below $10,000, DePauw aims to meet a significant portion of demonstrated need through institutional grants and scholarships. For families with higher incomes, merit scholarships become more prominent, with awards ranging from $15,000 to full tuition for exceptional candidates. While DePauw does not typically negotiate financial aid packages in the same way some larger institutions might, students facing extenuating circumstances or significant changes in financial situations are encouraged to contact the financial aid office to discuss their specific needs. It's crucial for prospective students to file the FAFSA and CSS Profile by the stated deadlines to be considered for all available aid.

Hidden Costs at DePauw University

  • Room and board costs can range from $15,000 to $17,000 annually, depending on the chosen meal plan and housing assignment.
  • Textbooks and course materials can easily add $1,000 to $1,500 per academic year.
  • Student activity fees, often around $200-$300 per semester, cover various campus organizations and events.
  • Transportation costs, especially for students traveling home or engaging in off-campus activities, can vary widely but budget at least $500-$1,000 annually.
  • Personal expenses, including toiletries, laundry, entertainment, and incidental spending, are estimated at $1,500-$2,500 per year.
  • Health insurance, if not covered by a parent's plan, can cost upwards of $3,000-$4,000 annually.
  • Parking permits for students who bring cars to campus can cost around $100-$200 per academic year.

Alumni Outcomes & Career Paths

DePauw University, a liberal arts institution in Greencastle, Indiana, positions its graduates for success across a diverse range of fields. While specific employer recruitment lists are proprietary, alumni networks and career services data indicate strong placement in finance, consulting, education, and technology. Major financial institutions like JPMorgan Chase, Bank of America, and EY frequently hire DePauw graduates, particularly those with strong backgrounds in economics, finance, and accounting. The consulting sector also sees significant DePauw alumni presence, with firms such as Accenture and Deloitte actively recruiting. Beyond corporate roles, graduates find opportunities in non-profit organizations, government, and the arts.

DePauw's robust internship program, often facilitated by the university's Career and Leadership Development Center, serves as a critical pipeline to full-time employment. Students are encouraged to pursue internships in major metropolitan areas, with New York City, Chicago, and Indianapolis being popular destinations. This geographic exposure often translates into post-graduation hiring patterns that reflect these internship locations. While DePauw doesn't publish exact graduate school placement rates by program, a significant portion of alumni pursue advanced degrees in law, business, and specialized fields, often matriculating at highly regarded institutions. Notable alumni span various sectors, including media (e.g., Dan Quayle, former Vice President), business, and academia, underscoring the breadth of opportunities available. The quality of career services is generally well-regarded, with personalized advising and strong alumni engagement contributing to positive career outcomes.

Campus Life & Culture at DePauw University

DePauw attracts a diverse student body, with approximately 60% of students coming from out-of-state, bringing a variety of perspectives to campus. The university values students who are intellectually curious, driven, and eager to contribute to a close-knit community. Students who thrive at DePauw are often those who seek a balance between rigorous academics and active involvement in extracurricular activities, leadership, and social engagement.

DePauw University cultivates a vibrant, close-knit campus community often described as having a 'small town, big opportunities' feel, nestled in Greencastle, Indiana. The student body of around 1,900 thrives on a balance of academic rigor and a robust social scene. The heart of campus life revolves around the ubiquitous Greek system, which is home to a significant portion of the student population and plays a central role in social events, philanthropy, and leadership development. Beyond Greek life, students engage in over 100 student organizations, ranging from academic clubs and cultural groups to service-oriented initiatives and the popular DePauw Student Government. The university's commitment to the arts is evident in its strong music and theater programs, with numerous performance opportunities available. Athletics are also a significant part of the DePauw experience, with the Tigers competing in the NCAA Division III North Coast Athletic Conference, fostering school spirit and providing outlets for athletic engagement. The campus itself is a beautiful arboretum, with iconic landmarks like East College serving as a central gathering point. Housing options are plentiful, with a mix of traditional residence halls and Greek houses, and most students live on campus throughout their undergraduate careers. Dining services offer a variety of options, including the main Hoover Hall dining facility and various retail locations, catering to diverse tastes and dietary needs. The 'vibe' at DePauw is one of engaged learning, active participation, and a strong sense of belonging, where students are encouraged to explore their interests and make a meaningful impact.

Campus Highlights

  • The iconic East College building, a National Historic Landmark, serves as the administrative and symbolic heart of campus.
  • DePauw's designation as an arboretum, featuring a stunning collection of trees and botanical gardens, offers a beautiful and serene learning environment.
  • The highly active Greek life system, deeply integrated into the social fabric and student leadership.
  • The Prindle Institute for Ethics, a nationally recognized center that fosters ethical inquiry and dialogue across disciplines.
  • The strong emphasis on undergraduate research, providing students with hands-on experience and faculty mentorship.
  • The 'Old Gold' athletic tradition, with passionate student support for the DePauw Tigers.
  • The annual 'Monon 9' tradition, a campus-wide scavenger hunt that fosters community and problem-solving skills.

Location & Regional Advantages

DePauw University's location in Greencastle, Indiana, presents a mixed bag of regional advantages and challenges for its graduates. Greencastle itself offers a quintessential small-town college atmosphere, characterized by a low cost of living and a safe environment, which can be appealing for students seeking a focused academic experience away from urban distractions. However, the immediate local job market is limited, primarily consisting of small businesses, local government, and educational institutions. The true geographic advantage lies in DePauw's proximity to larger economic hubs. Indianapolis, the state capital and largest city in Indiana, is roughly an hour's drive away, providing access to a more robust job market with opportunities in sectors like healthcare (Eskenazi Health, IU Health), technology (Salesforce, various startups), and manufacturing. Chicago, a major national and international hub for finance, technology, and culture, is accessible within a 3-4 hour drive, offering a broader spectrum of career possibilities and a more diverse professional network.

While the Midwest generally experiences more moderate weather patterns compared to coastal regions, Indiana's climate includes cold winters and warm, humid summers. The quality of life in Greencastle is high for those who appreciate a close-knit community and a slower pace, but it may lack the cultural amenities and diverse entertainment options found in larger cities. For DePauw graduates seeking immediate post-graduation employment, leveraging the university's connections to Indianapolis is often the most direct path. For those aiming for national or international careers, the university's strong alumni network and career services are crucial for bridging the gap from Greencastle to major metropolitan areas.

How to Get Into DePauw University

Gaining admission to DePauw University, a selective liberal arts institution, requires a strong academic profile and a demonstrated fit with the university's values. While DePauw does not offer Early Decision, it does have an Early Action option, which can be advantageous for students who are certain about their interest in DePauw, allowing them to receive an admission decision earlier. The admissions committee looks for well-rounded students with a solid academic record, evidenced by a strong GPA and challenging coursework (AP, IB, dual enrollment). While standardized test scores are currently optional, submitting strong scores can bolster an application. The application essay is a critical component; focus on authentic storytelling that reveals your personality, values, and intellectual curiosity. DePauw values demonstrated interest, so engaging with the university through campus visits (virtual or in-person), attending information sessions, and connecting with admissions counselors is highly recommended. The ideal candidate is academically driven, community-minded, and eager to engage in a vibrant liberal arts environment. Aim to submit your application well before the deadlines, typically in November for Early Action and January for Regular Decision.

How DePauw University Compares to Similar Schools

Similar schools: Wabash College, Kenyon College, Denison University, Grinnell College

Advantages

  • Strong emphasis on undergraduate research opportunities
  • Generous alumni network with a history of strong mentorship
  • Location within a state capital's orbit (Indianapolis) offers some regional job market access

Disadvantages

  • Higher than average sticker price for a liberal arts college
  • Limited immediate local job market compared to schools in larger metropolitan areas
  • Lower median earnings compared to some peer institutions

Best For

  • Students seeking a large university environment may find DePauw's small size less appealing.
  • Prospective students interested in a highly specialized technical field may find DePauw's generalist approach less suitable.

Avoid If

  • Students looking for a highly selective institution with a strong focus on liberal arts and sciences may find DePauw too accessible.
  • Students seeking a university with a larger student body and more diverse extracurricular activities may not find DePauw's small size ideal.

Frequently Asked Questions about DePauw University

How much does it cost to attend DePauw University?

In-state tuition at DePauw University is $59,070 per year, and out-of-state tuition is $59,070 per year. The median student debt at graduation is $27,000.

What is the acceptance rate at DePauw University?

DePauw University has an acceptance rate of 57.2%.

What is the graduation rate at DePauw University?

DePauw University has a graduation rate of 77.4%.

How much do DePauw University graduates earn?

The median earnings for DePauw University graduates 10 years after enrollment is $70,527. With median debt of $27,000, graduates earn roughly 2.6x their debt level annually.

How big is DePauw University?

DePauw University has approximately 1,905 students and is classified as a small institution. It is located in Greencastle, IN and is a Private Nonprofit institution.

Is DePauw University worth the cost?

DePauw University has an ROI score of -70 out of 100. With in-state tuition of $59,070 per year and median post-graduation earnings of $70,527, the data suggests the return on investment may be below average.

Where is DePauw University located?

DePauw University is located in Greencastle, IN. It is a Private Nonprofit institution with approximately 1,905 students.

How much student debt do DePauw University graduates have?

The median student debt for DePauw University graduates is $27,000. With median earnings of $70,527 ten years after enrollment, graduates can expect a debt-to-income ratio of 38%.

Is DePauw University a good college?

DePauw University has a graduation rate of 77.4% and median post-graduation earnings of $70,527. 57.2% of students are white, with a diverse representation of other ethnicities.

How does DePauw University compare to similar colleges?

The university has a 57.2% admission rate, indicating moderate selectivity. Compared to peer institutions, DePauw University offers a strong academic experience with good earnings potential and a relatively low debt load.

What career prospects do DePauw University graduates have?

Graduates of DePauw University are well-prepared for careers in a variety of fields, with a strong emphasis on leadership and critical thinking skills.

What should prospective students know about DePauw University?

DePauw University is well-positioned in the market as a small, private, and academically rigorous institution with a strong focus on student success.

What makes DePauw University stand out?

Median earnings 10 years after graduation are $70,527, which is above the national average.

What are the pros and cons of attending DePauw University?

The median debt for graduates is $27,000, which is relatively low compared to other institutions.

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