2026 data College Scorecard official source

Affordable Alternatives to Chowan University

Open-data reference.

We found 4 schools structurally similar to Chowan University that cost less. 4 offer comparable or better earnings outcomes.

Your School

Chowan University

Murfreesboro, North Carolina · Private Nonprofit

$14,086
Net Price
$38,412
Median Earnings (10yr)
68.8%
Acceptance Rate
29.1%
Graduation Rate

What the IPEDS & College Scorecard Data Shows for Alternatives to Chowan University

Chowan University posts an average net price of $14,086 after grants and scholarships, the IPEDS-derived figure used to anchor this alternatives search. We screened institutions in the Integrated Postsecondary Education Data System for colleges that report a lower net price and share structural similarity with Chowan University across six dimensions — ownership sector, Carnegie classification, undergraduate enrollment, admission rate, graduate earnings, and completion rate. 4 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $3,219, achieved by Farmingdale State College at $10,867. Of greater interest to ROI-focused applicants: 4 of the 4 alternatives also report median 10-year earnings at or above Chowan University’s $38,412, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $72,245.

The similarity scoring treats enrollment size, Carnegie classification, and ownership sector as high-weight features because those structural attributes correlate most strongly with student experience and post-graduation outcomes in the College Scorecard literature. Admission rate and graduation rate enter as secondary features, while net price drives the cost-ranking that determines which institutions appear. Net price is an IPEDS-reported figure calculated as the average cost of attendance minus institutional and federal grants for first-time, full-time undergraduates receiving Title IV aid — so it already accounts for the aid a typical admitted student would receive. That makes it a more honest cost comparison than sticker-price tuition alone.

Similar Schools That Cost Less

4
Alternatives Found
$3,219
Max Savings
4
Better Value Options
43%
Best Match

Top 5 alternatives by 10-yr earnings

Top 5 alternatives by 10-yr earnings Horizontal bar chart of the top 4 items by value (USD). Top 5 alternatives by 10-yr earnings Top 4 1. The Cooper Union for the Adv $84k 2. University of Minnesota-Roch $69k 3. Ner Israel Rabbinical Colleg $66k 4. Farmingdale State College $70k Compared to Chowan University: $38k.

Source: U.S. Department of Education — College Scorecard Institution-level earnings + cost-of-attendance file · 2024 (latest release) Median 10-year earnings reflect federal-aid recipients only; net price reflects sticker price minus average grants/scholarships.

School Net Price Savings Earnings (10yr) Graduation Similarity
The Cooper Union for the Advancement of Science and Art
New York, NY · Private Nonprofit Better Value
$13,269 -$817 $83,847 80.7% 43%
University of Minnesota-Rochester
Rochester, MN · Public Better Value
$13,744 -$342 $69,020 57.1% 41%
Ner Israel Rabbinical College
Baltimore, MD · Private Nonprofit Better Value
$13,572 -$514 $66,330 34.7% 41%
Farmingdale State College
Farmingdale, NY · Public Better Value
$10,867 -$3,219 $69,781 54.9% 40%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, graduate earnings, and completion rates. Each dimension is weighted by its impact on student outcomes.

Only schools with a lower average net price than Chowan University are shown. Schools marked "Better Value" have comparable or higher median earnings at a lower cost.

Data source: U.S. Department of Education College Scorecard. Earnings are median values 10 years after enrollment, drawn from U.S. Treasury tax records. Net price is the average cost after grants and scholarships for first-time, full-time students, as reported through IPEDS.

Frequently Asked Questions

What are cheaper alternatives to Chowan University?
We found 4 schools similar to Chowan University that cost less. The closest match is The Cooper Union for the Advancement of Science and Art with 43% similarity and a net price of $13,269.
What is the ROI of attending Chowan University?
Chowan University has an average net price of $14,086. Graduates earn a median of $38,412 ten years after enrollment. The earnings-to-cost ratio is 2.7x.
Are there schools with better outcomes than Chowan University for less money?
Yes — 4 of 4 alternatives offer comparable or higher median earnings at a lower net price. The Cooper Union for the Advancement of Science and Art costs $13,269 (saving $817) with median earnings of $83,847.
What is the cheapest alternative to Chowan University?
The most affordable similar school is Farmingdale State College at $10,867, saving $3,219 compared to Chowan University. It has a 40% similarity score.
How do alternative schools' earnings compare?
The 4 alternatives have an average median earnings of $72,245 compared to Chowan University's $38,412. On average, alternatives match or exceed this school's earnings. Individual results vary — check the comparison table above.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Education College Scorecard. Consult a qualified professional before making decisions based on this data.