CollegeTuitionData — College Data in Plain English

Randolph College

Lynchburg, VA 24503-1555 — Private Nonprofit

Value Score: 65/100 | ROI Score: -56 | Affordability Score: 55/100

Tuition (In-State): $30,310 | Out-of-State: $30,310

Acceptance Rate: 93.7% | Graduation Rate: 49.2% | Retention Rate: 74.5%

Median Earnings (10yr): $53,409 | Median Debt: $26,950

SAT Average: 1134 | ACT Midpoint: 25

Student Body Size: 658 (small)

Pell Grant Recipients: 45.8% | Federal Loan Rate: 67.1%

Average Faculty Salary: $8,701/month

Tuition & Affordability Analysis

In-state tuition at Randolph College is $30,310 per year, which is 23% below the national average for private institutions.

Out-of-state students pay $30,310/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: $121,240 (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 Randolph College:

  • Families earning $0–$30,000: $13,048/year
  • Families earning $30,001–$48,000: $13,709/year
  • Families earning $48,001–$75,000: $16,290/year
  • Families earning $75,001–$110,000: $18,260/year
  • Families earning $110,000+: $19,590/year

Low-income families receive an average discount of $17,262/year, paying just 43% of the sticker price.

Admissions Snapshot

Randolph College has an acceptance rate of 93.7%, placing it in the Open Admission (85%+) category. This means roughly 176 students apply each year.

Randolph College 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 1134, 7% above the national average. This is within the mid-range nationally.

The ACT midpoint is 25, 19% above the national average.

Graduate Outcomes & Return on Investment

49.2% of students at Randolph College complete their degree, 21% below the national average. This is below average — prospective students should investigate support services and retention programs.

First-year retention rate: 74.5% (8% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.

Graduates of Randolph College earn a median salary of $53,409 ten years after enrollment, 31% above the national average. This represents a $18,409/year earnings premium over the average high school diploma holder, or $552,270 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $26,950, 25% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $292/month, with a total repayment of $35,040 (including $8,090 in interest).

Debt-to-Earnings Ratio: 0.50x. 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 Randolph College pays for itself in approximately 7 years. This is a reasonable investment timeline.

Financial Aid Profile

45.8% of students at Randolph College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 39% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.

67.1% of students take federal loans, 43% 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: $8,701/month, near the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Randolph College enrolls 658 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.

Diversity Index: 61/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 57%, Hispanic 9%, Black 24%, Asian 3%.

Randolph College: Selective Admission with Affordable Tuition but Lower Graduation Rates

Report Card: Overall Grade D+

Randolph College receives an overall grade of D+ based on six dimensions:

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

College Analysis

Randolph College is a Private Nonprofit institution in Lynchburg, VA with approximately 658 students. Randolph College has a high admission rate, indicating strong selectivity. The college offers a relatively low tuition rate, making it more affordable compared to peers. Graduation rates are below the national average, suggesting potential challenges in degree completion.

The Verdict: Is Randolph College Worth It?

Randolph College presents a challenging value proposition, primarily due to its relatively low median earnings compared to its tuition cost and the resulting negative ROI score. With an in-state and out-of-state tuition of $30,310, and median 10-year earnings of $53,409, the financial return on investment appears modest. The median debt of $26,950 adds to this concern. To put it in perspective, it would take approximately 10-12 years of dedicating the entire difference between median earnings and the initial tuition cost to simply recoup the initial investment, without accounting for living expenses or interest on debt. The negative ROI score of -56 strongly suggests that, on average, graduates do not see a significant financial advantage from attending Randolph College compared to other educational or career paths. While the liberal arts education offers intangible benefits like critical thinking and communication skills, these do not always translate into higher immediate earning potential. Therefore, Randolph College is currently not a good financial deal for the average student. It is overpriced when viewed purely through a financial lens. A clear recommendation is to approach with caution, thoroughly explore all financial aid options, and have a very clear post-graduation career plan that aims for higher-earning potential than the median suggests.

Return on Investment

While the degree is worth the cost in terms of earnings potential, the high student debt and lower graduation rate are concerns.

Debt Reality Check

Median student debt at Randolph College: $26,950. Monthly payment on a standard 10-year plan: $306/month. Total repaid: $36,720 ($9,770 in interest).

Breakeven vs high school diploma: 1.2 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,720.

Strengths

  • Highly selective admission process
  • Affordable tuition for both in-state and out-of-state students
  • Strong earnings potential for graduates

Weaknesses

  • Below-average graduation rate
  • Moderate student debt upon graduation

Academic Profile

SAT Average: 1134. ACT Midpoint: 25. Retention Rate: 74.5%.

Randolph College prides itself on a rigorous liberal arts education, with a strong emphasis on undergraduate research and faculty mentorship. While specific faculty salary data isn't available, the small student-faculty ratio (typically around 10:1) suggests a high level of personalized attention. The college offers a robust selection of majors and minors, with particular strengths often cited in the humanities and sciences. Departments like English, History, Psychology, and Biology are popular choices, and students often praise the accessibility and dedication of their professors. Research opportunities are abundant, with many students engaging in independent study or assisting faculty on projects, often culminating in presentations at the annual Student Scholarship Symposium. The College Scholars program offers a challenging academic path for high-achieving students, providing enriched coursework and research opportunities. Randolph also encourages global perspectives through its study abroad programs, with options to spend a semester or year in various international locations. Academic support is readily available through the Academic Success Center, offering tutoring, writing assistance, and academic advising to ensure students have the resources they need to thrive.

Financial Aid Guide for Randolph College

Pell Grant recipients: 45.8%. Students taking federal loans: 67.1%.

Navigating financial aid at Randolph College involves understanding both merit-based and need-based opportunities. Given its private liberal arts nature, Randolph is committed to making education accessible and offers a range of aid to help bridge the gap between cost and family resources. Merit scholarships are a significant component, awarded automatically based on academic achievement demonstrated in the application, such as GPA and coursework rigor. While specific dollar amounts vary widely, these can range from a few thousand dollars to a substantial portion of tuition. Need-based aid is also crucial, determined by the FAFSA and CSS Profile. Families can expect a combination of grants (which do not need to be repaid), loans, and potentially work-study opportunities. For families with an Expected Family Contribution (EFC) of, say, $10,000, a typical aid package might include a mix of institutional grants and federal aid, potentially covering 50-70% of the total cost of attendance. Work-study positions offer students the chance to earn money through on-campus employment, typically paying minimum wage or slightly above. Scholarship tips include applying early, highlighting unique talents and achievements in essays, and exploring external scholarships. Negotiating aid at Randolph is possible, especially if you have competing offers from similarly ranked institutions, but it's essential to present a well-reasoned case supported by documentation.

Hidden Costs at Randolph College

  • Room and Board: Expect to pay approximately $14,000 - $16,000 annually for on-campus housing and a meal plan, depending on the chosen plan and room type.
  • Textbooks and Supplies: Budget around $1,000 - $1,200 per academic year for required course materials.
  • Student Activity Fee: A mandatory fee of approximately $200 - $300 per semester supports student organizations and campus events.
  • Transportation: Costs for travel to and from home, especially for out-of-state students, can range from $300 to $1,000+ annually depending on distance and frequency.
  • Personal Expenses: Allow for $1,500 - $2,500 per year for personal items, entertainment, and miscellaneous spending.
  • Health Insurance: If you are not covered by a parent's plan, Randolph's student health insurance plan can cost upwards of $2,000 annually.

Alumni Outcomes & Career Paths

Randolph College, a small liberal arts institution in Lynchburg, VA, positions its graduates for a variety of career paths, though specific employer data and industry clusters are not as widely publicized as at larger universities. Alumni tend to disperse geographically, with a notable presence in the Mid-Atlantic region, particularly Virginia. While comprehensive lists of major recruiters are scarce, graduates often find opportunities in sectors that value strong communication, critical thinking, and analytical skills, such as education, healthcare administration, non-profit management, and marketing. Some alumni have pursued careers in fields like finance, with smaller regional banks and financial advisory firms being potential employers. The college's emphasis on a broad liberal arts education means graduates are adaptable, often entering roles that require a diverse skill set rather than highly specialized technical training. Graduate school placement is a significant pathway for Randolph alumni, with many pursuing advanced degrees in fields like law, psychology, and education. The college likely has established relationships with graduate programs that value its rigorous academic preparation. Career services at Randolph College are crucial for bridging the gap between academic study and the professional world. They likely offer personalized advising, resume workshops, and interview preparation. Internship pipelines are vital for experiential learning; while specific corporate partners are not always highlighted, students are encouraged to seek internships in Lynchburg and surrounding areas, potentially with local hospitals, school districts, or businesses. Notable alumni, while not always household names, often demonstrate success in their chosen professions, contributing to the college's reputation within their respective fields. The geographic hiring pattern suggests that while opportunities exist nationally, a significant portion of graduates leverage their Lynchburg connections or remain in the broader Virginia/Mid-Atlantic job market.

Campus Life & Culture at Randolph College

Randolph College attracts students who value a personalized, liberal arts education and a supportive community. The student body is diverse in thought and background, with a mix of students from Virginia and across the nation, and a growing international presence. Students who thrive here are typically intellectually curious, engaged, and appreciate the opportunity for close interaction with faculty and peers.

Randolph College, nestled in Lynchburg, Virginia, offers a close-knit campus community that truly embodies its liberal arts mission. With a student body of just under 700, you'll find that Randolph fosters an environment where relationships are paramount – expect to know your professors and many of your peers by name. The 'vibe' here is often described as studious yet social, with students balancing academic pursuits with a vibrant campus life. Residential life is a cornerstone, with most students living on campus for at least three years in a variety of housing options, from traditional residence halls to apartment-style living. The dining hall, often referred to as the 'Dixie,' is a central hub for meals and impromptu gatherings. Student organizations are plentiful, covering a wide range of interests from academic clubs like the History Society to creative outlets such as the Art Club and the student-run literary magazine, 'The Sundial.' While Randolph doesn't have a traditional Greek system, social life often revolves around campus events, student organization activities, and informal get-togethers. Athletics are a part of the Randolph experience, with the WildCats competing in the Old Dominion Athletic Conference (ODAC) in sports like basketball, soccer, and volleyball. Campus traditions run deep, including the beloved 'Lantern Ceremony' for first-year students and the 'Mascot Race' during homecoming, all contributing to a strong sense of belonging and shared history. The campus itself, with its beautiful Georgian architecture and the iconic Main Hall, provides a picturesque backdrop for student life.

Campus Highlights

  • The historic Main Hall, a stunning Georgian-style building that serves as the iconic centerpiece of campus.
  • The Lantern Ceremony, a cherished tradition where first-year students are welcomed to campus by faculty and staff.
  • The strong emphasis on undergraduate research, with numerous opportunities for students to engage in scholarly work.
  • The close-knit community fostered by a small student body, leading to strong relationships with peers and professors.
  • The beautiful, walkable campus located in Lynchburg, offering a blend of historic charm and natural beauty.
  • The 'Dixie' dining hall, a central gathering spot that's more than just a place to eat.
  • The annual Student Scholarship Symposium, showcasing student research and creative projects.

Location & Regional Advantages

Randolph College's location in Lynchburg, Virginia, offers a blend of small-city charm and strategic access to larger economic centers. Lynchburg itself provides a relatively stable local job market, with key sectors including healthcare (Centra Health is a major employer), education (Lynchburg City Schools, local colleges), and manufacturing. The cost of living in Lynchburg is generally lower than in major metropolitan areas, making the student's investment potentially stretch further post-graduation, especially when considering median debt. While Lynchburg isn't a direct hub for major tech or finance industries, its proximity to Richmond (approx. 2 hours) and Washington D.C. (approx. 3.5-4 hours) offers access to larger job markets and industry hubs. This proximity allows graduates to leverage their Randolph education in more competitive environments if they choose to relocate. The quality of life in Lynchburg is characterized by a more relaxed pace, access to outdoor recreation (Blue Ridge Mountains are nearby), and a strong sense of community. Weather is temperate, with four distinct seasons. Safety is generally good, typical of a mid-sized city. The geographic advantage lies in offering a more affordable and less distracting environment for focused study, while still providing reasonable access to larger career opportunities through strategic relocation or leveraging regional networks. This balance can be particularly appealing for students seeking a close-knit campus community without being entirely isolated from broader professional landscapes.

How to Get Into Randolph College

Randolph College employs a holistic review process, meaning they consider a wide range of factors beyond just grades and test scores (which are not required for admission). With a high acceptance rate of 93.7%, the focus is less on extreme selectivity and more on finding students who will thrive in their close-knit liberal arts environment. Early Decision (ED) and Early Action (EA) are available, and while they don't offer a significant admissions advantage due to the overall acceptance rate, they do demonstrate strong interest and allow for earlier notification. The admissions committee values academic curiosity, a demonstrated commitment to learning, and a good fit with the college's values. Strong essays that showcase personality, intellectual engagement, and a clear understanding of what Randolph offers are crucial. Highlighting extracurricular involvement, leadership roles, and any unique talents or experiences will strengthen your application. Since test scores are not a primary factor, focus on presenting a compelling academic record through your transcript and a well-crafted personal essay. Demonstrated interest can be shown through campus visits (virtual or in-person), attending information sessions, and engaging with admissions counselors. The ideal timeline is to have your application completed by the EA deadline (typically November 15th) or the Regular Decision deadline (usually February 1st) to ensure full consideration for both admission and scholarships.

How Randolph College Compares to Similar Schools

Similar schools: Sweet Briar College, Mary Baldwin University, Hollins University, Roanoke College

Advantages

  • Strong focus on liberal arts and personalized attention due to small size
  • Potential for strong alumni network within Virginia and the Mid-Atlantic
  • Affordable cost of living in Lynchburg compared to larger cities

Disadvantages

  • Lower median graduate earnings compared to many liberal arts peers
  • Lower graduation rate suggests potential retention or academic challenges for some students
  • Limited direct access to major industry hubs

Best For

  • Students seeking a high graduation rate may want to consider other options.
  • Prospective students should be prepared for potential challenges in degree completion.

Avoid If

  • Students looking for a more expensive, highly selective institution with higher graduation rates may want to explore other options.
  • Students with a strong financial aid package may find better value at other institutions.

Frequently Asked Questions about Randolph College

How much does it cost to attend Randolph College?

In-state tuition at Randolph College is $30,310 per year, and out-of-state tuition is $30,310 per year. The median student debt at graduation is $26,950.

What is the acceptance rate at Randolph College?

Randolph College has an acceptance rate of 93.7%.

What is the graduation rate at Randolph College?

Randolph College has a graduation rate of 49.2%.

How much do Randolph College graduates earn?

The median earnings for Randolph College graduates 10 years after enrollment is $53,409. With median debt of $26,950, graduates earn roughly 2.0x their debt level annually.

How big is Randolph College?

Randolph College has approximately 658 students and is classified as a small institution. It is located in Lynchburg, VA and is a Private Nonprofit institution.

Is Randolph College worth the cost?

Randolph College has an ROI score of -56 out of 100. With in-state tuition of $30,310 per year and median post-graduation earnings of $53,409, the data suggests the return on investment may be below average.

Where is Randolph College located?

Randolph College is located in Lynchburg, VA. It is a Private Nonprofit institution with approximately 658 students.

How much student debt do Randolph College graduates have?

The median student debt for Randolph College graduates is $26,950. With median earnings of $53,409 ten years after enrollment, graduates can expect a debt-to-income ratio of 50%.

Is Randolph College a good college?

Randolph College has a graduation rate of 49.2% and median post-graduation earnings of $53,409. Admission rate is 93.71%, indicating high selectivity.

How does Randolph College compare to similar colleges?

Tuition is the same for in-state and out-of-state students at $30,310. Compared to peer institutions, Randolph College offers a more affordable tuition but has lower graduation rates.

What career prospects do Randolph College graduates have?

Graduates of Randolph College are well-positioned for mid-level professional roles in various industries.

What should prospective students know about Randolph College?

Randolph College is well-suited for students who value affordability and selective admission but may face challenges in degree completion.

What makes Randolph College stand out?

Median student debt upon graduation is $26,950.

What are the pros and cons of attending Randolph College?

Median earnings 10 years after graduation are $53,409.

Explore More

Colleges in Virginia

Browse all colleges in Virginia

Similar Schools

College Rankings

Research Tools

H-1B Visa Salary Data

Visit Randolph College 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.