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Freed-Hardeman University

Henderson, TN 38340-2399 — Private Nonprofit

Value Score: 60/100 | ROI Score: -54 | Affordability Score: 55/100

Tuition (In-State): $25,620 | Out-of-State: $25,620

Acceptance Rate: 59.7% | Graduation Rate: 69.6% | Retention Rate: 85.9%

Median Earnings (10yr): $47,485 | Median Debt: $21,500

SAT Average: 1109 | ACT Midpoint: 24

Student Body Size: 1,212 (small)

Pell Grant Recipients: 18.0% | Federal Loan Rate: 34.5%

Average Faculty Salary: $7,300/month

Tuition & Affordability Analysis

In-state tuition at Freed-Hardeman University is $25,620 per year, which is 35% below the national average for private institutions.

Out-of-state students pay $25,620/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: $102,480 (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 Freed-Hardeman University:

  • Families earning $0–$30,000: $20,988/year
  • Families earning $30,001–$48,000: $21,788/year
  • Families earning $48,001–$75,000: $19,639/year
  • Families earning $75,001–$110,000: $21,308/year
  • Families earning $110,000+: $23,618/year

Low-income families receive an average discount of $4,632/year, paying just 82% of the sticker price.

Admissions Snapshot

Freed-Hardeman University has an acceptance rate of 59.7%, placing it in the Moderately Selective (50–70%) category. This means roughly 508 students apply each year.

The average SAT score of admitted students is 1109, 5% above the national average. This is within the mid-range nationally.

The ACT midpoint is 24, 14% above the national average.

Graduate Outcomes & Return on Investment

69.6% of students at Freed-Hardeman University complete their degree, 12% above the national average. This is a solid graduation rate.

First-year retention rate: 85.9% (6% above the national average). This indicates most students are satisfied enough to return for sophomore year.

Graduates of Freed-Hardeman University earn a median salary of $47,485 ten years after enrollment, 16% above the national average. This represents a $12,485/year earnings premium over the average high school diploma holder, or $374,550 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $21,500, near the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $233/month, with a total repayment of $27,960 (including $6,460 in interest).

Debt-to-Earnings Ratio: 0.45x. 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 Freed-Hardeman University pays for itself in approximately 9 years. This is a reasonable investment timeline.

Financial Aid Profile

18.0% of students at Freed-Hardeman University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 45% 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.

34.5% of students take federal loans, 27% 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: $7,300/month, 16% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Freed-Hardeman University enrolls 1,212 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 23/100 (higher = more diverse). The student body is less diverse than average.

Student body composition: White 87%, Hispanic 0%, Black 4%, Asian 1%.

Freed-Hardeman University: Small Private Nonprofit with Moderate Tuition and Mixed Outcomes

Report Card: Overall Grade C

Freed-Hardeman University receives an overall grade of C based on six dimensions:

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

College Analysis

Freed-Hardeman University is a Private Nonprofit institution in Henderson, TN with approximately 1,212 students. Academics: Offers a range of programs including theology, business, and education. Value: Moderate tuition with a relatively low median debt, but ROI is negative. Outcomes: Graduates have a median earning of $47,485 after 10 years, with a graduation rate of 69.56%.

The Verdict: Is Freed-Hardeman University Worth It?

Freed-Hardeman University presents a complex value proposition. With a median 10-year earning potential of $47,485 and a median debt of $21,500, the return on investment (ROI) score of -54 suggests that, on average, graduates do not see a significant financial return relative to their debt and the cost of attendance ($25,620 annually). The debt payoff timeline, based on these figures, could be lengthy, potentially exceeding 5-7 years if a substantial portion of earnings is dedicated to repayment, especially considering living expenses. While the tuition is the same for in-state and out-of-state students, the median earnings are relatively modest compared to the overall cost of education over four years. This indicates that FHU may not be the most financially advantageous choice for students whose primary goal is maximizing post-graduation income. However, for students who prioritize a faith-based education, a strong sense of community, and personal development over purely financial outcomes, the value may be perceived differently. It's crucial for prospective students to consider their career aspirations and potential earning power within their chosen majors. If FHU offers specific programs that lead to high-demand, well-compensated careers, the value could increase. As it stands, based purely on financial metrics, it appears to be an overpriced option for many.

Return on Investment

While the tuition is moderate, the negative ROI score suggests that the degree may not be worth the cost for many students.

Debt Reality Check

Median student debt at Freed-Hardeman University: $21,500. Monthly payment on a standard 10-year plan: $244/month. Total repaid: $29,280 ($7,780 in interest).

Breakeven vs high school diploma: 1.2 years. Debt burden: Manageable. Salary needed for comfortable repayment: $29,280.

Strengths

  • Faith-based education and strong community
  • Moderate tuition rates
  • Good graduation rate

Weaknesses

  • Negative ROI score
  • Low median earnings after 10 years
  • Limited diversity in student body

Academic Profile

SAT Average: 1109. ACT Midpoint: 24. Retention Rate: 85.9%.

Freed-Hardeman University offers a robust academic experience with particular strengths in its College of Biblical Studies and the College of Education. The Bachelor of Arts in Ministry and the Master of Arts in Ministry are highly regarded programs, reflecting the university's foundational mission. The College of Education is also a strong performer, preparing students for careers in teaching with a solid curriculum and practical experience. While specific research opportunities for undergraduates might be more limited compared to large research institutions, faculty are accessible and often involve students in departmental projects, especially within the sciences and humanities. The student-faculty ratio, though not explicitly provided, is likely low given the university's size, suggesting ample opportunity for personalized attention from professors. Faculty are generally committed to the university's mission and student success. FHU also offers a competitive Honors Program for academically gifted students, providing enriched coursework and opportunities for deeper engagement. Study abroad programs are available, often with a focus on mission trips or cultural immersion experiences aligned with the university's values. Academic support services are readily available, including tutoring, writing center assistance, and academic advising, ensuring students have the resources to succeed.

Financial Aid Guide for Freed-Hardeman University

Pell Grant recipients: 18.0%. Students taking federal loans: 34.5%.

Freed-Hardeman University aims to make its private education accessible through a combination of merit-based and need-based aid. For the 2023-2024 academic year, the sticker price for tuition and fees is $25,620. FHU offers a range of scholarships, including academic scholarships based on GPA and ACT/SAT scores (though specific score ranges are not published, strong academic profiles are rewarded), leadership scholarships, and ministry scholarships. Many students receive institutional aid, with average aid packages often covering a significant portion of tuition. For instance, students with strong academic profiles might receive academic scholarships ranging from $8,000 to $15,000 annually. Need-based aid is also available through federal programs like Pell Grants and state grants, in addition to institutional funds, determined by the FAFSA. Work-study opportunities are often available, allowing students to earn money through on-campus employment. For families with an Expected Family Contribution (EFC) below $10,000, FHU often provides substantial aid, potentially covering over 75% of tuition. Negotiating aid is generally less common at smaller, faith-based institutions like FHU compared to larger universities, but presenting a strong case with updated financial information or competing offers can sometimes lead to adjustments. It's crucial to complete the FAFSA early and explore all available institutional scholarships on the FHU website.

Hidden Costs at Freed-Hardeman University

  • Room and board costs can add an estimated $8,000 - $10,000 per academic year, depending on the chosen meal plan and housing option.
  • Textbooks and course materials can range from $800 to $1,200 annually, varying significantly by major and specific course requirements.
  • Student activity fees, often around $100-$200 per semester, contribute to campus events, clubs, and organizations.
  • Transportation costs, especially for students commuting or traveling home, can vary widely but budget at least $500-$1,000 annually.
  • Personal expenses, including toiletries, laundry, entertainment, and snacks, can easily add $1,500 - $2,500 per year.
  • Parking permits, if applicable for students with cars, typically cost $50-$100 per academic year.
  • Health insurance, if not covered by a parent's plan, can add $2,000 - $3,000 annually.

Alumni Outcomes & Career Paths

Freed-Hardeman University (FHU) graduates enter a diverse job market, though specific employer data and detailed placement rates are not readily available publicly. However, given its location and private, faith-based affiliation, alumni often find roles within the education sector, particularly in K-12 schools and within church-related organizations. Many graduates also pursue careers in healthcare, leveraging programs in nursing and health sciences, with potential employers including regional hospitals like Jackson-Madison County General Hospital. Business and accounting graduates may find opportunities in local and regional businesses, though large-scale recruitment from major corporations is less common for a university of FHU's size and location.

Industries where alumni tend to cluster include education, healthcare, social services, and ministry. While specific graduate school placement rates are not published, FHU does support students pursuing advanced degrees, with alumni likely attending a range of graduate programs across the country. Notable alumni are often recognized within their respective fields, particularly in ministry and education, though public profiles of highly prominent figures are limited.

FHU's career services likely focus on providing personalized guidance, resume building, and interview preparation tailored to the university's student body. Internship pipelines are probably strongest within the West Tennessee region, connecting students with local businesses and healthcare facilities. Geographic hiring patterns for FHU graduates tend to be concentrated in Tennessee and surrounding Southern states, reflecting the university's regional draw and alumni network. The university's emphasis on character and service may also influence graduates towards roles in non-profits and community-focused organizations.

Campus Life & Culture at Freed-Hardeman University

The student body at Freed-Hardeman University is predominantly from Tennessee and surrounding Southern states, with a strong representation of students from Church of Christ backgrounds. This creates a cohesive community where shared values are a significant bonding element. Students who thrive here are typically seeking a supportive, faith-based environment that prioritizes spiritual growth alongside academic pursuits.

Freed-Hardeman University (FHU) cultivates a close-knit, faith-centered community deeply rooted in its Church of Christ heritage. The 'vibe' is often described as friendly, supportive, and intentionally Christian, with a strong emphasis on spiritual growth and fellowship. Social life revolves around campus events, small group activities, and dorm life. While there's no Greek life, student organizations fill the social gap, offering everything from academic clubs and service groups to intramural sports teams and creative arts ensembles. The Student Government Association (SGA) is a major organizer of campus-wide events, including the popular 'Homecoming' celebration, a highlight of the fall semester featuring parades, competitions, and alumni gatherings. Residence halls are central to the student experience, fostering strong bonds. Expect a family-like atmosphere where students often know each other across different years and majors. Dining services are provided primarily through the university cafeteria, offering a communal space for meals and interaction. Athletics are a significant part of campus life, with the Lions competing in the NAIA, particularly strong in sports like basketball and baseball, drawing enthusiastic student support to games. The campus itself, located in Henderson, TN, is picturesque and compact, making it easy to navigate and fostering a sense of shared space. Expect a slower pace of life compared to larger urban universities, with a focus on community and shared values.

Campus Highlights

  • Strong emphasis on Christian faith and values integrated into daily campus life and academics.
  • Close-knit, family-like community atmosphere with a high level of student interaction.
  • Active student organizations and intramural sports providing diverse social and extracurricular engagement.
  • The annual 'Homecoming' celebration, a major tradition bringing together students, alumni, and the community.
  • Dedicated faculty who are accessible and invested in student success and spiritual development.
  • Beautiful, compact campus in a peaceful West Tennessee setting.

Location & Regional Advantages

Freed-Hardeman University's location in Henderson, Tennessee, offers a distinct regional advantage, particularly for students seeking a close-knit community and a lower cost of living. Henderson is situated in West Tennessee, a region characterized by a more rural and agricultural landscape, with a cost of living that is generally below the national average. This affordability can extend the value of a degree by reducing living expenses during and after college.

The nearest significant urban center is Jackson, Tennessee, approximately 45 minutes away, which provides access to larger employers like Jackson-Madison County General Hospital and various retail and service industries. While Henderson itself is not a major industrial hub, its proximity to Jackson offers a balance between a quiet college town atmosphere and access to regional economic activity. Memphis, a larger metropolitan area and a significant logistics and healthcare hub, is about a two-hour drive away, providing more extensive career opportunities for graduates willing to relocate or commute for internships and jobs.

Quality of life in Henderson is typical of a small Southern town, emphasizing community, slower pace, and access to outdoor activities. The weather is characterized by hot, humid summers and mild winters. Safety is generally high in such smaller communities. For students who value a strong sense of community and a more traditional college experience away from the hustle of a major city, FHU's location is a significant draw. However, for those seeking immediate immersion in diverse, large-scale industries or a vibrant urban lifestyle, the geographic isolation may present challenges in terms of immediate post-graduation job placement without further relocation.

How to Get Into Freed-Hardeman University

Freed-Hardeman University's admission rate of 59.7% indicates a moderately selective process. While FHU does not offer Early Decision or Early Action, applying by the priority deadline (typically in February) is recommended to maximize scholarship consideration. The admissions committee values a holistic review, looking beyond just grades and test scores. Strong emphasis is placed on a student's alignment with the university's Christian mission and values; essays or interviews may explore this. While specific GPA and test score ranges aren't published, successful applicants generally present a solid academic record, likely a GPA in the B/B+ range and ACT scores in the 18-24 range. Demonstrating interest can be shown through campus visits, attending information sessions, and engaging with admissions counselors. The essay is a key component, offering a chance to articulate personal faith, academic goals, and how one would contribute to the FHU community. For students with strong academic profiles and a clear commitment to FHU's mission, admission is often attainable.

How Freed-Hardeman University Compares to Similar Schools

Similar schools: Union University (Jackson, TN), Belmont University (Nashville, TN), Lipscomb University (Nashville, TN)

Advantages

  • Potentially lower cost of living in Henderson compared to Nashville-based peers.
  • Stronger emphasis on a specific faith tradition (Churches of Christ) which may appeal to a niche student population.
  • Smaller class sizes and more personalized attention due to smaller student body.

Disadvantages

  • Lower median graduate earnings compared to peers in larger cities.
  • Less access to diverse internship opportunities and major corporate recruiters compared to urban universities.
  • More limited program offerings and research opportunities compared to larger or more established private institutions.

Best For

  • Prospective students interested in a faith-based education with a strong emphasis on theology and ministry.
  • Students looking for a small, close-knit academic environment.

Avoid If

  • Students seeking high earning potential immediately after graduation may want to consider other options.
  • Students with a high tolerance for debt may find the university less affordable.

Frequently Asked Questions about Freed-Hardeman University

How much does it cost to attend Freed-Hardeman University?

In-state tuition at Freed-Hardeman University is $25,620 per year, and out-of-state tuition is $25,620 per year. The median student debt at graduation is $21,500.

What is the acceptance rate at Freed-Hardeman University?

Freed-Hardeman University has an acceptance rate of 59.7%.

What is the graduation rate at Freed-Hardeman University?

Freed-Hardeman University has a graduation rate of 69.6%.

How much do Freed-Hardeman University graduates earn?

The median earnings for Freed-Hardeman University graduates 10 years after enrollment is $47,485. With median debt of $21,500, graduates earn roughly 2.2x their debt level annually.

How big is Freed-Hardeman University?

Freed-Hardeman University has approximately 1,212 students and is classified as a small institution. It is located in Henderson, TN and is a Private Nonprofit institution.

Is Freed-Hardeman University worth the cost?

Freed-Hardeman University has an ROI score of -54 out of 100. With in-state tuition of $25,620 per year and median post-graduation earnings of $47,485, the data suggests the return on investment may be below average.

Where is Freed-Hardeman University located?

Freed-Hardeman University is located in Henderson, TN. It is a Private Nonprofit institution with approximately 1,212 students.

How much student debt do Freed-Hardeman University graduates have?

The median student debt for Freed-Hardeman University graduates is $21,500. With median earnings of $47,485 ten years after enrollment, graduates can expect a debt-to-income ratio of 45%.

Is Freed-Hardeman University a good college?

Freed-Hardeman University has a graduation rate of 69.6% and median post-graduation earnings of $47,485. High white student population (87.46%)

How does Freed-Hardeman University compare to similar colleges?

Low Hispanic and Asian student populations Compared to peer institutions, Freed-Hardeman University offers a moderate tuition with a low median debt, but the ROI is negative, suggesting the degree may not be worth the cost.

What career prospects do Freed-Hardeman University graduates have?

Graduates are well-positioned for careers in ministry, education, and business, with a median earning of $47,485 after 10 years.

What should prospective students know about Freed-Hardeman University?

Freed-Hardeman University is positioned in a niche market focusing on religious and professional education, catering to students seeking a faith-based education.

What makes Freed-Hardeman University stand out?

Moderate tuition rates for both in-state and out-of-state students

What are the pros and cons of attending Freed-Hardeman University?

Graduation rate slightly below the national average for private universities

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