Hendrix College
Conway, AR 72032-3080 — Private Nonprofit
Value Score: 65/100 | ROI Score: -60 | Affordability Score: 55/100
Tuition (In-State): $38,200 | Out-of-State: $38,200
Acceptance Rate: 55.6% | Graduation Rate: 70.7% | Retention Rate: 79.6%
Median Earnings (10yr): $60,376 | Median Debt: $26,688
SAT Average: 1282 | ACT Midpoint: 28
Student Body Size: 1,100 (small)
Pell Grant Recipients: 23.2% | Federal Loan Rate: 45.3%
Average Faculty Salary: $8,185/month
Tuition & Affordability Analysis
In-state tuition at Hendrix College is $38,200 per year, which is 3% below the national average for private institutions.
Out-of-state students pay $38,200/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: $152,800 (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 Hendrix College:
- Families earning $0–$30,000: $15,951/year
- Families earning $30,001–$48,000: $18,838/year
- Families earning $48,001–$75,000: $26,414/year
- Families earning $75,001–$110,000: $26,396/year
- Families earning $110,000+: $27,453/year
Low-income families receive an average discount of $22,249/year, paying just 42% of the sticker price.
Admissions Snapshot
Hendrix College has an acceptance rate of 55.6%, placing it in the Moderately Selective (50–70%) category. This means roughly 494 students apply each year.
The average SAT score of admitted students is 1282, 21% 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
70.7% of students at Hendrix College complete their degree, 14% above the national average. This is a solid graduation rate.
First-year retention rate: 79.6% (near the national average). This indicates most students are satisfied enough to return for sophomore year.
Graduates of Hendrix College earn a median salary of $60,376 ten years after enrollment, 48% above the national average. This represents a $25,376/year earnings premium over the average high school diploma holder, or $761,280 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $26,688, 24% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $290/month, with a total repayment of $34,800 (including $8,112 in interest).
Debt-to-Earnings Ratio: 0.44x. 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 Hendrix College pays for itself in approximately 7 years. This is a reasonable investment timeline.
Financial Aid Profile
23.2% of students at Hendrix College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 30% 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.
45.3% of students take federal loans, 4% below the national average. This is a moderate borrowing rate.
Average faculty salary: $8,185/month, 6% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Hendrix College enrolls 1,100 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 51/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 69%, Hispanic 8%, Black 7%, Asian 3%.
Hendrix College: Strong Academic Reputation with Low ROI
- Hendrix College: Cultivating Critical Thinkers for Long-Term Career Success
- Beyond the Classroom: Hendrix College's Path to Meaningful Careers and Graduate Studies
- The Hendrix Experience: A Value Proposition Rooted in Personalized Learning and Community
Report Card: Overall Grade C-
Hendrix College receives an overall grade of C- based on six dimensions:
- Academics: C+
- Value: F
- Outcomes: B
- Affordability: C+
College Analysis
Hendrix College is a Private Nonprofit institution in Conway, AR with approximately 1,100 students. Hendrix College has a strong academic reputation with a high graduation rate and median earnings, but its ROI is negative. The college offers a high-quality education with a low student-to-faculty ratio, enhancing the learning experience. Hendrix College has a diverse student body, with a significant portion of students from underrepresented racial groups. The college's median debt is relatively low compared to its peers, making it more affordable for students.
The Verdict: Is Hendrix College Worth It?
Hendrix College presents a complex value proposition. With an in-state and out-of-state tuition of $38,200 and a median 10-year earnings of $60,376, the immediate return on investment appears modest, especially when factoring in the median debt of $26,688. The ROI score of -60 further underscores this concern, suggesting that, on average, graduates may take a considerable amount of time to recoup their educational investment. However, this quantitative analysis doesn't fully capture the qualitative benefits of a liberal arts education, such as critical thinking, communication, and adaptability, which are highly valued by employers and contribute to long-term career success and earning potential beyond the 10-year median. The debt-to-earnings ratio is manageable, with median debt being less than half of median annual earnings. A direct payoff timeline for the median debt, assuming a significant portion of earnings goes towards repayment, could range from 5-8 years, which is within a reasonable timeframe. Hendrix is not a clear 'hidden gem' in terms of immediate financial ROI, nor is it definitively 'overpriced' given the potential for long-term career growth and graduate school success. It's a calculated investment where the value is realized more through career trajectory and personal development than rapid financial return. Recommendation: For students prioritizing a strong liberal arts foundation, personalized attention, and a supportive community, and who are willing to invest in long-term career growth, Hendrix can be a worthwhile choice. However, prospective students should carefully consider their career goals and potential earning trajectories, and explore all available financial aid options.
Return on Investment
While the education at Hendrix College is high-quality, the negative ROI suggests that the cost may not be justified for many students.
Debt Reality Check
Median student debt at Hendrix College: $26,688. Monthly payment on a standard 10-year plan: $303/month. Total repaid: $36,360 ($9,672 in interest).
Breakeven vs high school diploma: 0.9 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,360.
Strengths
- Strong academic programs and high graduation rate
- Diverse student body
- Low median debt
Weaknesses
- Negative ROI
- Higher tuition compared to some public institutions
Academic Profile
SAT Average: 1282. ACT Midpoint: 28. Retention Rate: 79.6%.
Hendrix College prides itself on a rigorous liberal arts education, fostering critical thinking and interdisciplinary exploration. The academic environment is characterized by small class sizes, with a student-faculty ratio that allows for personalized attention and meaningful engagement with professors. While specific faculty salary data isn't provided, the commitment to faculty development and accessibility is a hallmark of liberal arts institutions like Hendrix. Notable departments often include strong programs in Biology, Chemistry, English, History, and Political Science, reflecting traditional liberal arts strengths. The college strongly encourages undergraduate research, offering numerous opportunities for students to work alongside faculty on cutting-edge projects, often culminating in presentations at regional or national conferences. The Hendrix Odyssey Program is a signature initiative, requiring students to engage in at least one experience in each of the program's three areas: professional and personal development, service to the world, and inquiry and exploration. This often translates into robust study abroad opportunities, internships, and community engagement projects. The Murphy Center for Academic Excellence provides comprehensive academic support, including tutoring, writing assistance, and academic advising, ensuring students have the resources to succeed. The Honors Program offers a challenging curriculum for high-achieving students, with opportunities for independent study and thesis work. The emphasis is on developing well-rounded individuals prepared for graduate study or a variety of careers.
Financial Aid Guide for Hendrix College
Pell Grant recipients: 23.2%. Students taking federal loans: 45.3%.
Hendrix College is committed to making its distinctive liberal arts education accessible through a combination of need-based and merit-based financial aid. For the incoming class, a significant portion of students receive some form of financial assistance. Merit scholarships are a key component, awarded based on academic achievement (GPA, rigor of coursework, and standardized test scores, though these are currently optional). These scholarships can range from a few thousand dollars to covering a substantial portion of tuition. Need-based aid is determined through the FAFSA and CSS Profile, assessing a family's ability to contribute. Hendrix aims to meet a significant portion of demonstrated need for its students. Work-study opportunities are also available, providing students with on-campus employment to help fund their education. Typical aid packages for students from middle-income families might include a combination of merit scholarships and need-based grants, potentially reducing the out-of-pocket cost significantly. For families with lower incomes, need-based grants and federal aid programs (like Pell Grants) can cover a larger percentage of the total cost of attendance. While Hendrix is generally not known for extensive aid negotiation, students with significant changes in financial circumstances or competing offers from similarly ranked institutions may find some room for discussion, particularly regarding merit aid. It's crucial for prospective students to file their FAFSA and any required institutional forms by the priority deadlines to maximize their aid eligibility.
Hidden Costs at Hendrix College
- Room and Board: For the 2023-2024 academic year, on-campus housing and a standard meal plan typically range from $13,000 to $15,000 annually.
- Student Fees: Expect to pay around $1,000-$1,500 per year in general fees, technology fees, and activity fees.
- Textbooks and Supplies: Budget approximately $1,000-$1,200 per year for required course materials.
- Transportation: Depending on your origin and travel habits, costs for flights, gas, and vehicle maintenance can add up, potentially $500-$2,000+ annually.
- Personal Expenses: Allow for $1,500-$2,500 annually for clothing, entertainment, toiletries, and other personal items.
- Health Insurance: If you are not covered by a parent's plan, Hendrix requires students to have health insurance, which can cost around $2,000-$3,000 annually if purchased through the school.
- Parking Permit: If you plan to have a car on campus, a parking permit can cost around $100-$200 per academic year.
Alumni Outcomes & Career Paths
Hendrix College, a liberal arts institution in Conway, Arkansas, cultivates a strong alumni network that extends across various sectors. While specific major employer recruitment data for Hendrix is not publicly detailed, graduates typically find opportunities in fields aligned with a broad liberal arts education. Common industries attracting Hendrix alumni include education, healthcare, non-profit organizations, and professional services. Many graduates pursue further education, with strong placement rates in graduate and professional schools, particularly in fields like law, medicine, and academia. Notable alumni include figures like John Grisham (author), who demonstrates the potential for significant impact originating from a Hendrix education. The college's career services are known for providing personalized guidance, focusing on internship placement and networking. While direct internship pipelines to large corporations might be less pronounced than at larger universities, Hendrix emphasizes experiential learning through internships, often facilitated by faculty connections and alumni mentorship. Geographic hiring patterns show a tendency for graduates to remain in Arkansas, particularly in the Little Rock metropolitan area, but also to disperse to larger hubs like Dallas, Houston, and even East Coast cities for opportunities in specialized fields. The small class sizes and emphasis on faculty-student interaction foster strong communication and critical thinking skills, which are highly valued by employers across diverse industries.
Campus Life & Culture at Hendrix College
Hendrix College attracts a diverse student body, with a significant percentage coming from out-of-state, contributing to a broader geographic mix. The student who thrives at Hendrix is typically intellectually curious, community-minded, and eager to engage deeply with both academics and extracurricular activities. Students who value a close-knit environment and personalized attention will find Hendrix a particularly good fit.
Hendrix College cultivates a close-knit, engaged community where students are encouraged to be active participants in campus life. The 'vibe' is often described as intellectually curious and socially conscious, with a strong emphasis on collaboration rather than intense competition. With an enrollment of around 1,100 students, it's easy to get to know people across different majors and years. Residential life is a cornerstone, with most students living on campus for all four years. First-year students typically reside in the traditional halls like Veal Hall or Martin Hall, fostering immediate connections. As students progress, they can move into suite-style living or even on-campus apartments, offering more independence. The dining experience at the Student Life and Dining Center (SLDC) offers a variety of stations, catering to different tastes and dietary needs, and is a central hub for social interaction. Beyond academics and housing, Hendrix boasts over 70 student organizations, ranging from the Debate Society and the Hendrix Outing Club to cultural groups and academic clubs. Greek life is present but not dominant, with three fraternities and three sororities that contribute to the social fabric through events and philanthropy. Athletics are a significant part of the Hendrix experience, with the Warriors competing in the Southern Athletic Association (SAA) at the NCAA Division III level. Campus traditions are cherished, such as the annual 'Day of Giving' and the 'Candlelight Ceremony' during graduation week, which underscore the strong sense of community and shared experience. Conway itself offers a charming college town atmosphere with local eateries and shops, but students often find ample opportunities for engagement right on campus.
Campus Highlights
- The Hendrix Odyssey Program: A unique requirement that pushes students beyond the classroom into experiential learning.
- Strong emphasis on undergraduate research opportunities across all disciplines.
- Beautiful, walkable campus with a strong sense of place and community.
- Close-knit student body fostering deep connections and lifelong friendships.
- Active engagement with the local Conway community through service and internships.
- Commitment to liberal arts and sciences fostering critical thinking and broad knowledge.
- The 'Warrior' spirit, evident in both academic pursuits and athletic endeavors.
Location & Regional Advantages
Hendrix College's location in Conway, Arkansas, offers a unique regional context for its students. Conway itself is a growing city with a modest but developing job market, benefiting from its proximity to the state capital, Little Rock, which is approximately 30 miles away. This proximity provides students with access to a larger pool of internships and job opportunities in sectors such as healthcare (e.g., Baptist Health, CHI St. Vincent), government, and finance. The cost of living in Conway is significantly lower than the national average, making the overall financial burden of attending Hendrix more manageable, especially when considering post-graduation earnings. While Arkansas may not be a primary hub for cutting-edge tech or finance industries, it offers a stable environment for careers in established sectors. The quality of life in Conway is characterized by a friendly, small-town atmosphere with access to outdoor recreational activities, including nearby state parks and the Ozark Mountains. Weather is temperate, with distinct seasons. Safety is generally good in Conway and the surrounding areas. The geographic advantage for Hendrix lies in its ability to offer a focused, intimate liberal arts experience within a more affordable cost-of-living region, while still providing access to the broader economic opportunities of the Little Rock metropolitan area. This balance can be particularly appealing for students seeking a close-knit community and a less competitive entry into certain professional fields.
How to Get Into Hendrix College
Hendrix College seeks students who are academically prepared, intellectually curious, and eager to contribute to a vibrant campus community. Given its admission rate of 55.6%, Hendrix is selective but accessible to a broad range of strong students. While ACT scores are not a primary focus (midpoint is N/A), a strong academic record in high school, including challenging coursework (AP, IB, dual enrollment), is highly valued. The admissions committee looks for evidence of intellectual engagement, leadership potential, and a commitment to service. Your application essays are a crucial opportunity to showcase your personality, your 'why Hendrix,' and how you'll fit into the community. Focus on authentic storytelling and reflection. Demonstrated interest is important; engage with the college through campus visits (virtual or in-person), attending information sessions, and connecting with admissions counselors. Early Action (EA) is a good option if Hendrix is a top choice, allowing you to receive an early decision without the binding commitment of Early Decision (ED). The typical timeline involves applying by the EA deadline (usually November 15) or the Regular Decision deadline (typically February 1). Ensure all application materials, including transcripts, letters of recommendation, and essays, are submitted promptly to be considered for both admission and merit scholarships.
How Hendrix College Compares to Similar Schools
Similar schools: Rhodes College, Sewanee: The University of the South, Centre College, Austin College
Advantages
- Lower cost of living in Conway compared to some peer locations.
- Strong emphasis on undergraduate research and faculty mentorship.
- Unique 'Explorations' curriculum encourages interdisciplinary study and personal growth.
Disadvantages
- Lower median earnings compared to some peers.
- Less national brand recognition than some more established liberal arts colleges.
- Geographic location in Arkansas may offer fewer immediate large-city internship/job opportunities compared to peers in more metropolitan areas.
Best For
- Students seeking a high ROI may want to consider other institutions.
- Students looking for a larger campus with more extracurricular activities might find Hendrix less appealing.
Avoid If
- Students with a high tolerance for debt and a focus on immediate career outcomes might want to explore other options.
- Students who need extensive financial aid might find the tuition and median debt too high.
Frequently Asked Questions about Hendrix College
How much does it cost to attend Hendrix College?
In-state tuition at Hendrix College is $38,200 per year, and out-of-state tuition is $38,200 per year. The median student debt at graduation is $26,688.
What is the acceptance rate at Hendrix College?
Hendrix College has an acceptance rate of 55.6%.
What is the graduation rate at Hendrix College?
Hendrix College has a graduation rate of 70.7%.
How much do Hendrix College graduates earn?
The median earnings for Hendrix College graduates 10 years after enrollment is $60,376. With median debt of $26,688, graduates earn roughly 2.3x their debt level annually.
How big is Hendrix College?
Hendrix College has approximately 1,100 students and is classified as a small institution. It is located in Conway, AR and is a Private Nonprofit institution.
Is Hendrix College worth the cost?
Hendrix College has an ROI score of -60 out of 100. With in-state tuition of $38,200 per year and median post-graduation earnings of $60,376, the data suggests the return on investment may be below average.
Where is Hendrix College located?
Hendrix College is located in Conway, AR. It is a Private Nonprofit institution with approximately 1,100 students.
How much student debt do Hendrix College graduates have?
The median student debt for Hendrix College graduates is $26,688. With median earnings of $60,376 ten years after enrollment, graduates can expect a debt-to-income ratio of 44%.
Is Hendrix College a good college?
Hendrix College has a graduation rate of 70.7% and median post-graduation earnings of $60,376. High graduation rate of 70.68%
How does Hendrix College compare to similar colleges?
Median earnings of $60,376 after 10 years Compared to peer institutions, Hendrix College offers a high-quality education with strong academic outcomes but has a negative ROI.
What career prospects do Hendrix College graduates have?
Graduates of Hendrix College are well-prepared for careers in various fields, particularly in areas requiring strong analytical and critical thinking skills.
What should prospective students know about Hendrix College?
Hendrix College is positioned in the market as a high-quality, private, small liberal arts college with a focus on academic excellence and diversity.
What makes Hendrix College stand out?
Low median debt of $26,688
What are the pros and cons of attending Hendrix College?
Admission rate of 55.65%
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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.