Carolina University

Winston-Salem, North Carolina

Private Nonprofit City: Large

Carolina University is a private nonprofit institution in Winston-Salem, North Carolina enrolling 460 students, according to the U.S. Department of Education College Scorecard. The acceptance rate is 39.5%. Graduates earn a median of $32,864 ten years after enrollment, based on U.S. Treasury tax records linked to federal financial aid data. The average net price after financial aid is $20,828. This profile includes admissions data, graduation rates, program-level earnings, and cost breakdowns to help students compare colleges using official federal data.

What the IPEDS & College Scorecard Data Shows for Carolina University

Carolina University operates as a private nonprofit institution located in Winston-Salem, North Carolina (city: large), with a total reported enrollment of 460 students of which 498 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Carolina University is categorized as “20” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 39.5%, drawn from the most recent IPEDS Fall enrollment survey. The average net price after grants and scholarships is $20,828, with published in-state tuition of $17,575 and a Pell grant recipient share of 37.3%. Median federal student debt at graduation is $20,287, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 24.3%, and the first-year retention rate is 56.4%. Graduates earn a median of $32,864 ten years after enrolling, compared with $30,657 six years post-enrollment. Within three years of entering repayment, 14400.0% of borrowers are making progress on their federal loans, and 43.5% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.

Quick Facts

460
Total enrollment
39.5%
Acceptance rate
SAT average
24.3%
4-yr graduation rate
$32,864
10-yr median earnings
56.4%
First-year retention

Admissions

Admission Rate 39.5%

Costs & Financial Aid

Tuition & Net Price

In-State Tuition $17,575
Out-of-State Tuition $17,575
Average Net Price $20,828

Net Price by Family Income

$0 – $30,000 $17,738
$30,001 – $48,000 $17,560
$48,001 – $75,000 $22,993
Over $110,000 $24,152
37.3%
Pell Grant Rate
44.6%
Federal Loan Rate
$20,287
Median Debt
$215/mo
Monthly Payment

Student Demographics

White 28.3%
African American 18.0%
Hispanic or Latino 12.0%
Asian 2.0%
American Indian or Alaska Native 0.2%
Pacific Islander 0.2%
Two or More Ethnicities 5.9%
International 33.5%
48.4%
Female
32.7%
First Generation

Outcomes

24.3%
4-Year Completion Rate
56.4%
Retention Rate
$30,657
Median Earnings (6yr)
$32,864
Median Earnings (10yr)
43.5%
Earning Over $25K
14400.0%
Loan Repayment (3yr)

Programs & Earnings

Program Credential Completers Median Earnings Median Debt
Philosophy Doctoral 12 $115,630 $56,798
Bible/Biblical Studies Bachelor's 39 $56,995 $21,029
Theological and Ministerial Studies Master's 10 $51,238
Theological and Ministerial Studies Bachelor's 3 $38,859 $19,691
Business Administration, Management and Operations Bachelor's 31 $34,325
Religious Education Bachelor's $19,227

Frequently Asked Questions

What are the admissions statistics for Carolina University?
Carolina University is a private nonprofit institution in Winston-Salem, North Carolina. The acceptance rate is 39.5%. Total enrollment is 460 students.
How much do Carolina University graduates earn?
Graduates of Carolina University earn a median of $32,864 ten years after enrollment. Six years after enrollment, median earnings are $30,657.
How much does Carolina University cost?
The average net price at Carolina University is $20,828. In-state tuition is $17,575 and out-of-state tuition is $17,575. Median student debt at graduation is $20,287.
What is the graduation rate at Carolina University?
Carolina University has a 4-year completion rate of 24.3%. The first-year retention rate is 56.4%.
Is Carolina University worth the student debt?
The median student debt at Carolina University is $20,287, while graduates earn a median of $32,864 ten years after enrollment. That debt represents about 62% of first-year post-graduation earnings. 14400.0% of borrowers are repaying their loans within 3 years. Estimated monthly loan payment is $215.

Data Sources

Data as of 2024-25 academic year. Source: U.S. Department of Education College Scorecard.

Primary: U.S. Department of Education, College Scorecard. Data reflects most recent available year.

Institutional characteristics: IPEDS (Integrated Postsecondary Education Data System) institutional characteristics file.

Earnings: Median earnings 6 and 10 years after enrollment, from U.S. Treasury tax records linked to federal student aid data.

Program data: Credential-level earnings from the College Scorecard Field of Study dataset.

All federal data sources used on this page

Earnings data sourced from IRS records via the U.S. Treasury–Department of Education matching used by the College Scorecard.