Midway University
Midway, KY 40347-1120 — Private Nonprofit
Value Score: 65/100 | ROI Score: -59 | Affordability Score: 55/100
Tuition (In-State): $27,220 | Out-of-State: $27,220
Acceptance Rate: 95.1% | Graduation Rate: 43.0% | Retention Rate: 67.6%
Median Earnings (10yr): $44,246 | Median Debt: $21,301
SAT Average: 1122 | ACT Midpoint: 22
Student Body Size: 1,262 (small)
Pell Grant Recipients: 31.9% | Federal Loan Rate: 44.5%
Average Faculty Salary: $7,349/month
Tuition & Affordability Analysis
In-state tuition at Midway University is $27,220 per year, which is 31% below the national average for private institutions.
Out-of-state students pay $27,220/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: $108,880 (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 Midway University:
- Families earning $0–$30,000: $27,206/year
- Families earning $30,001–$48,000: $23,405/year
- Families earning $48,001–$75,000: $28,160/year
- Families earning $75,001–$110,000: $32,406/year
- Families earning $110,000+: $34,166/year
Low-income families receive an average discount of $14/year, paying just 100% of the sticker price.
Admissions Snapshot
Midway University has an acceptance rate of 95.1%, placing it in the Open Admission (85%+) category. This means roughly 332 students apply each year.
Midway University accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.
The average SAT score of admitted students is 1122, 6% above the national average. This is within the mid-range nationally.
The ACT midpoint is 22, 5% above the national average.
Graduate Outcomes & Return on Investment
43.0% of students at Midway University complete their degree, 31% below the national average. This is below average — prospective students should investigate support services and retention programs.
First-year retention rate: 67.6% (17% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of Midway University earn a median salary of $44,246 ten years after enrollment, 8% above the national average. This represents a $9,246/year earnings premium over the average high school diploma holder, or $277,380 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $21,301, near the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $231/month, with a total repayment of $27,720 (including $6,419 in interest).
Debt-to-Earnings Ratio: 0.48x. 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 Midway University pays for itself in approximately 12 years. This is a longer payback period — consider whether your intended major leads to higher-earning career paths.
Financial Aid Profile
31.9% of students at Midway University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 3% below the national average. This is near the national average, reflecting a typical economic diversity among the student body.
44.5% of students take federal loans, 5% below the national average. This is a moderate borrowing rate.
Average faculty salary: $7,349/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
Midway University enrolls 1,262 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 49/100 (higher = more diverse). The student body is less diverse than average.
Student body composition: White 70%, Hispanic 7%, Black 12%, Asian 1%.
Midway University: High Accessibility with Below-Average Graduation Rates
- Midway University: A Community-Focused Education with Questionable Financial Returns
- Beyond the Bluegrass: Exploring Career Paths and Outcomes from Midway University
- Is the Midway University Experience Worth the Investment? An Honest Look at Your Future
Report Card: Overall Grade D+
Midway University receives an overall grade of D+ based on six dimensions:
- Academics: D
- Value: F
- Outcomes: C
- Affordability: B+
College Analysis
Midway University is a Private Nonprofit institution in Midway, KY with approximately 1,262 students. Midway University has a high admission rate, indicating strong accessibility. The university's graduation rate is below average, suggesting potential challenges in degree completion. Midway University's median earnings 10 years post-graduation are above the national average, indicating a good return on investment.
The Verdict: Is Midway University Worth It?
Midway University presents a complex value proposition. With an in-state and out-of-state tuition of $27,220 and a median 10-year earnings of $44,246, the immediate financial picture is challenging. The median debt of $21,301, while not exorbitant, adds to the financial burden. The stark ROI score of -59 indicates that, on average, graduates do not recoup their investment within a typical timeframe, and their earnings fall significantly short of the initial cost of education. To put it in perspective, it would take approximately 10-12 years of saving 100% of the difference between median earnings and tuition just to break even on the cost of attendance, not accounting for living expenses or loan interest. The median earnings of $44,246 are considerably lower than the national average for college graduates. While the university may offer a strong sense of community and personalized attention due to its small size, the financial return on investment is a significant concern. Midway University is not a clear financial win; it appears to be overpriced relative to the median earning potential of its graduates. Students considering Midway should have a clear understanding of their post-graduation earning potential in their chosen field and explore all available financial aid and scholarship options to mitigate the cost. A direct recommendation is difficult without knowing individual career aspirations, but based purely on the provided financial metrics, it is not a financially sound investment for the average student.
Return on Investment
While the median earnings are above average, the high tuition cost and low graduation rate may not make the degree worth the investment for all students.
Debt Reality Check
Median student debt at Midway University: $21,301. Monthly payment on a standard 10-year plan: $242/month. Total repaid: $29,040 ($7,739 in interest).
Breakeven vs high school diploma: 1.5 years. Debt burden: Manageable. Salary needed for comfortable repayment: $29,040.
Strengths
- High accessibility and strong alumni network
- Above-average median earnings 10 years post-graduation
Weaknesses
- Below-average graduation rate
- Moderate affordability score
Academic Profile
SAT Average: 1122. ACT Midpoint: 22. Retention Rate: 67.6%.
Midway University's academic profile is shaped by its commitment to personalized education within a liberal arts framework. While the overall graduation rate of 43.0% suggests a need for students to be proactive in their academic journey, the smaller class sizes and accessible faculty are significant strengths. The university excels in programs that leverage its unique location and heritage, most notably its highly regarded Equine Studies program, which offers hands-on experience and industry connections. Other strong departments often include Business Administration, Education, and various Arts and Sciences disciplines, where students benefit from direct faculty mentorship. Research opportunities, while perhaps not as extensive as at large research universities, are available, particularly for students engaged in faculty-led projects within their chosen fields. The faculty, though specific salary data is unavailable, are generally accessible and dedicated to undergraduate teaching, a hallmark of smaller private institutions. Midway offers an Honors Program for high-achieving students, providing enriched coursework and a more challenging academic path. Study abroad opportunities are available, allowing students to broaden their perspectives. Academic support resources are crucial given the graduation rate; the university likely provides tutoring services, writing centers, and academic advising to help students navigate their coursework and stay on track towards graduation.
Financial Aid Guide for Midway University
Pell Grant recipients: 31.9%. Students taking federal loans: 44.5%.
Navigating financial aid at Midway University requires understanding its commitment to making private education accessible. As a private institution, Midway offers a blend of merit-based and need-based aid, with a significant portion of students receiving some form of financial assistance. Merit scholarships are often awarded automatically based on academic achievements like GPA and standardized test scores (though these are not provided, high school performance is key). For students demonstrating financial need, Midway likely offers institutional grants and federal aid, including Pell Grants (if eligible) and federal student loans. Work-study opportunities may also be available, providing students with part-time employment on campus to help cover educational expenses. Typical aid packages can vary widely, but for students from lower-income households (e.g., under $30,000 annual income), a substantial portion of tuition and fees might be covered through grants and loans, potentially reducing the out-of-pocket cost significantly from the sticker price of $27,220. For middle-income families, merit scholarships might play a larger role in reducing the cost. Scholarship tips include applying early, thoroughly researching any external scholarships, and highlighting unique talents or experiences in application essays. Negotiating financial aid at Midway is possible, especially if you have competing offers from similar institutions or if there's been a significant change in your family's financial circumstances, but it's generally more effective at larger, more selective schools. It's crucial to complete the FAFSA by the priority deadline to maximize eligibility for all aid types.
Hidden Costs at Midway University
- Room and board costs can range from $9,000 to $12,000 annually, depending on the chosen meal plan and housing assignment.
- Textbooks and course materials can add an estimated $1,000 to $1,500 per academic year.
- Student activity fees, technology fees, and other miscellaneous campus fees can total around $500 to $800 per year.
- Transportation costs, including travel home for breaks and local travel, can vary but budget at least $500-$1,000 annually.
- Personal expenses such as toiletries, laundry, entertainment, and snacks might require an additional $1,000 to $2,000 per year.
- Parking permits, if applicable for students with cars, can cost $100-$200 per semester.
- Health insurance, if not covered by a parent's plan, can add $2,000-$3,000 annually.
Alumni Outcomes & Career Paths
Midway University, a private institution in Midway, KY, offers a focused educational experience with a student body of 1,262. While specific data on major employers actively recruiting from Midway is not publicly detailed, alumni tend to find opportunities within regional sectors that align with the university's program offerings. Common industries for graduates often include education, healthcare, business administration, and agriculture, reflecting the university's academic strengths. Many alumni pursue careers within Kentucky's established healthcare networks, such as Baptist Health or CHI Saint Joseph Health, or enter the education sector, working for local school districts like Woodford County Schools or Fayette County Public Schools. Business administration graduates may find roles in regional banking institutions or small to medium-sized enterprises across the state. Graduate school placement rates are not prominently published, but students interested in advanced degrees in fields like nursing, education, or counseling would likely seek programs at larger state universities within Kentucky or neighboring states. Notable alumni are not widely publicized, suggesting a focus on community impact rather than national recognition. Career services at Midway University likely provide essential support, including resume building, interview preparation, and connections to local job fairs. Internship pipelines are probably strongest within the central Kentucky region, with opportunities potentially available at companies like Tempur Sealy International (based in nearby Lexington) or through partnerships with local agricultural businesses. Geographic hiring patterns for Midway graduates predominantly center around the central and eastern regions of Kentucky, given the university's location and the established professional networks of its faculty and alumni base.
Campus Life & Culture at Midway University
Midway University attracts a student body primarily from Kentucky and surrounding states, seeking a personalized, close-knit educational experience. The student population tends to be diverse in terms of interests and backgrounds, with a notable contingent drawn to the university's unique equestrian programs. Students who thrive here are often those who appreciate a smaller campus feel, value direct interaction with faculty, and are eager to engage actively in campus life and their chosen fields of study.
Midway University offers a close-knit campus experience, characteristic of its private, liberal arts roots and its location in the heart of Kentucky horse country. With just over 1,200 students, the university fosters a strong sense of community where personal connections are paramount. The 'vibe' is generally relaxed and friendly, with students often describing it as a place where you'll quickly get to know your professors and peers. Social life often revolves around campus events, intramural sports, and student organizations. While Greek life exists, it's not the dominant force it might be at larger institutions, offering a more balanced social landscape. Student organizations are diverse, ranging from academic clubs tied to specific majors like Equine Studies or Business, to interest-based groups like the Student Activities Board, which plans many of the campus's social and recreational activities. Housing is primarily traditional dormitory-style living for freshmen and sophomores, with some upperclassmen opting for apartment-style living on or near campus. Dining services are centralized, offering a typical college dining hall experience with various stations and meal plan options. Athletics play a role, with the Eagles competing in the NAIA, and students often turn out to support basketball and other popular sports. A unique aspect of Midway is its connection to the surrounding community and the equestrian industry, which can influence social events and student interests. The campus itself is picturesque, with a blend of historic and modern buildings set against the rolling Kentucky landscape, making it an inviting place to spend your college years.
Campus Highlights
- The renowned Equine Studies program, offering unparalleled hands-on experience and industry connections.
- A strong sense of community fostered by a small student body and accessible faculty.
- Beautiful campus setting in the heart of Kentucky's scenic horse country.
- Close-knit social environment where personal relationships are prioritized.
- Opportunities for student involvement in a variety of clubs and organizations.
- Supportive academic environment with personalized attention from professors.
- The Eagles athletic teams, providing a source of campus spirit and engagement.
Location & Regional Advantages
Midway University's location in Midway, Kentucky, offers a unique set of advantages and challenges for students. Situated in the heart of the Bluegrass region, the local job market is characterized by a strong presence in agriculture, thoroughbred horse racing, healthcare, and a growing manufacturing sector, particularly in nearby Lexington. The cost of living in Midway and the surrounding Woodford County is generally lower than in major metropolitan areas, making it an attractive option for students seeking affordability. Proximity to Lexington, a city of over 300,000, provides access to a larger job market, cultural amenities, and a more diverse range of industries, including technology and advanced manufacturing. While Midway itself offers a tranquil, small-town quality of life, its close distance to Lexington (approximately 20 miles) ensures that students are not isolated from urban opportunities. The weather is typical of the Midwest, with four distinct seasons, including warm summers and cold winters. Safety is generally high in Midway, contributing to a secure environment for students. For career opportunities post-graduation, the location is advantageous for those seeking to establish themselves within Kentucky's economic landscape. The university's rural setting can foster a close-knit community feel, while its accessibility to Lexington opens doors to internships and entry-level positions in a broader professional network. This balance allows students to benefit from a focused academic environment while remaining connected to significant economic hubs.
How to Get Into Midway University
Midway University's high admission rate of 95.1% indicates a welcoming approach to admissions, suggesting that the primary focus is on ensuring students are prepared for college-level work and will be a good fit for the campus community. While standardized test scores are not a primary focus (ACT Midpoint N/A), a strong high school GPA is likely valued. The admissions office probably looks for students who demonstrate a genuine interest in Midway's programs, particularly its unique offerings like Equine Studies. Early Action (EA) or Early Decision (ED) advantages are likely minimal given the selectivity, but applying by the priority deadlines for scholarships and general admission is always recommended, typically around February 1st. Essays that showcase personal growth, resilience, and a clear understanding of why Midway is the right choice for them tend to be effective. Demonstrated interest can be shown through campus visits (highly recommended), attending virtual information sessions, and engaging with admissions counselors. Given the open admissions policy, the strategy should focus on presenting a well-rounded application that highlights academic potential and a commitment to contributing to the Midway community, rather than solely focusing on competitive metrics.
How Midway University Compares to Similar Schools
Similar schools: Transylvania University, Georgetown College, Campbellsville University, Berea College
Advantages
- Potentially lower cost of living in the immediate Midway area compared to larger cities where some peers might be located.
- A more intimate, potentially personalized academic experience due to its smaller size.
- Stronger ties to the specific agricultural and equine industries prevalent in the immediate Bluegrass region.
Disadvantages
- Significantly lower median earnings compared to many peer institutions, indicating a weaker job market placement or lower starting salaries.
- A lower graduation rate (43.0%) compared to many private liberal arts colleges, suggesting potential challenges with student retention or program completion.
- Less brand recognition and alumni network reach compared to more established or larger private institutions.
Best For
- Students who prefer a more rigorous academic environment with higher graduation rates may find Midway University less suitable.
- Prospective students should consider the low graduation rate when evaluating their options.
Avoid If
- Students seeking a more affordable option with higher graduation rates might want to explore other institutions.
- Those looking for a higher return on investment might consider alternatives with better ROI scores.
Frequently Asked Questions about Midway University
How much does it cost to attend Midway University?
In-state tuition at Midway University is $27,220 per year, and out-of-state tuition is $27,220 per year. The median student debt at graduation is $21,301.
What is the acceptance rate at Midway University?
Midway University has an acceptance rate of 95.1%.
What is the graduation rate at Midway University?
Midway University has a graduation rate of 43.0%.
How much do Midway University graduates earn?
The median earnings for Midway University graduates 10 years after enrollment is $44,246. With median debt of $21,301, graduates earn roughly 2.1x their debt level annually.
How big is Midway University?
Midway University has approximately 1,262 students and is classified as a small institution. It is located in Midway, KY and is a Private Nonprofit institution.
Is Midway University worth the cost?
Midway University has an ROI score of -59 out of 100. With in-state tuition of $27,220 per year and median post-graduation earnings of $44,246, the data suggests the return on investment may be below average.
Where is Midway University located?
Midway University is located in Midway, KY. It is a Private Nonprofit institution with approximately 1,262 students.
How much student debt do Midway University graduates have?
The median student debt for Midway University graduates is $21,301. With median earnings of $44,246 ten years after enrollment, graduates can expect a debt-to-income ratio of 48%.
Is Midway University a good college?
Midway University has a graduation rate of 43.0% and median post-graduation earnings of $44,246. High admission rate of 95.14%
How does Midway University compare to similar colleges?
Graduation rate of 42.98% Midway University offers strong accessibility but faces challenges in degree completion, with median earnings above the national average.
What career prospects do Midway University graduates have?
Graduates of Midway University can expect to enter the workforce with a competitive salary, making it a good choice for those seeking immediate financial stability.
What should prospective students know about Midway University?
Midway University is positioned in the market as a small, private institution that prioritizes accessibility over completion rates, making it a viable option for students who may struggle with traditional academic settings.
What makes Midway University stand out?
Median earnings 10 years post-graduation of $44,246
What are the pros and cons of attending Midway University?
Tuition cost of $27,220 per year for both in-state and out-of-state students
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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.