Private Nonprofit · Lookout Mountain, Georgia

Covenant College

Covenant College is a private nonprofit institution in Lookout Mountain, Georgia. as a private nonprofit, published Scorecard outcomes cover federal-aid recipients at this campus — endowment and sticker price sit outside those cohort fields.

$50,412
10-yr median earnings
86.5%
Acceptance rate
$26,265
Avg net price / yr
71.7%
150%-time completion

The verdict

Covenant College pairs above-median former-student earnings with open admission.

According to the U.S. Department of Education's College Scorecard.

Top 28%
former-student earnings, US
86.5%
acceptance rate
71.7%
150%-time completion
+27%
earnings, 6→10 yrs
Suburb: Large Carnegie: Bacc: A&S
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Institution data retrieved July 2026; field-of-study data retrieved March 2026.

How to read this Covenant College profile

Figures above come from IPEDS institution records published through the College Scorecard (retrieved July 2026 for institution fields; March 2026 for field-of-study). Peer groups and cost cohorts follow IPEDS ownership sector, Carnegie class ("Baccalaureate Colleges: Arts & Sciences Focus"), and locale, not an editorial shortlist.

Average net price subtracts grant and scholarship aid from cost of attendance for full-time, first-time undergraduate Title IV recipients. It is a defined cohort average, not a personalized price; income-band fields add context but do not replace the school's current net-price calculator.

Earnings use Treasury-linked records for federally aided former students who were working and not enrolled in the measurement year (completers and noncompleters). IPEDS completion and retention use separate first-time, full-time cohorts, so those denominators are not the earnings cohort. Read cost, completion, and earnings as distinct historical measures, not a causal verdict or individual forecast.

College Value Score

C
College Value Score
58/100
Covenant College

A 6-metric composite of earnings, cost, and completion outcomes benchmarked against every reporting US college, not a ranking of teaching quality, campus life, or fit for any individual student. See the full methodology.

Earnings B
$50,412
10-year median former-student earnings
Net Price F
$26,265
Average annual cost after grants and aid
Completion Rate B
71.7%
Completion within 150% of normal time
Debt F
$22,500
Median federal debt at graduation
Loan Repayment A+
90.7%
Borrowers repaying loans within 3 years
Retention A-
88.2%
First-year students returning for year two
Covenant College vs. the national benchmark
EarningsNet PriceCompletionDebtRepaymentRetention

Each axis is the percentile score shown in the breakdown at left; the shape shows this school's overall profile at a glance.

10-yr median earnings

$50,412

Federal aid recipients only

Avg net price

$26,265

After grants and scholarships

150%-time completion

71.7%

Full-time, first-time cohort

150%-time completion vs portal median (57.1%) 71.7%

Four-year-institution cohort

College ROI Quadrant - Covenant College vs peers

Covenant College positioned by earnings vs cost Two-by-two quadrant chart: x-axis median earnings 10 years after enrollment, y-axis average net price after financial aid. Each dot is a college, colored by completion within 150% of normal time (garnet ≥65%, amber 45-64%, red <45%). Net price increases upward, earnings increase rightward, so: bottom-right = best value (low cost, high earnings); top-right = premium (high cost, high earnings); bottom-left = community college tier (low cost, modest earnings); top-left = cost challenge (high cost, low earnings). Currently plotting 8 colleges. Source: U.S. Department of Education College Scorecard joined to Carnegie Classification. Covenant College positioned by earnings vs c… Carnegie Classification: Bacc: A&S Bacc: A&S COST CHALLENGE PREMIUM COMMUNITY BEST VALUE $31K $84K Median Earnings 10 Years After Enrollment ($) $12K $40K Avg Net Price ($) Covenant College (you are here): $50K earn · $26K net · 72% grad You are here - Covenant College Emory University-Oxford College: $80K earn · $38K net · 94% grad Emory University-O… Life University: $47K earn · $30K net · 36% grad Life University Thomas University: $50K earn · $18K net · 28% grad Thomas University Toccoa Falls College: $37K earn · $22K net · 45% grad Toccoa Falls College Shorter University: $45K earn · $17K net · 37% grad Shorter University Brenau University: $54K earn · $19K net · 34% grad The University of Tennessee-Chattanooga: $51K earn · $14K net · 52% grad Grad rate (4yr) ≥65% 45-64% <45%
Source: U.S. Department of Education College Scorecard + Carnegie Classification of Institutions of Higher Education

Each dot is a college plotted by 10-year median earnings (x-axis) vs average net price (y-axis), colored by completion within 150% of normal time. Bottom-right = high earnings/lower price; top-left = lower earnings/higher price.

How Covenant College ranks nationally

Where this school's former-student earnings fall within the full national distribution of every US college that reports to the College Scorecard, not just its peer set.

Covenant College: former-student earnings vs. every US college

10-year median earnings, College Scorecard

$50,412 Top 28% higher than 72% of 5,103 US colleges

$0–$20,000: 169 US colleges (3%). Below this entry. $20,000–$40,000: 2,245 US colleges (44%). Below this entry. $40,000–$60,000: 1,897 US colleges (37%). This entry sits in this band. $60,000–$80,000: 606 US colleges (12%). Above this entry. $80,000–$100,000: 134 US colleges (3%). Above this entry. $100,000–$120,000: 39 US colleges (1%). Above this entry. $120,000–$140,000: 11 US colleges (0%). Above this entry. $140,000–$160,000: 2 US colleges (0%). Above this entry. This college $0 $160,000 every US college, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US colleges. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Education, College Scorecard · Mar–Jul 2026 retrievals

Metric Covenant College National rank Percentile
10-yr median earnings $50,412 #1446 of 5103 72nd
Average net price $26,265 #4068 of 5020 19th (lower is better)
150%-time completion 71.7% #1274 of 4858 74th
Undergraduate enrollment 939 #2242 of 5462 59th

National ranks count every operating US college reporting each metric to the College Scorecard, separate from the earnings histogram above.

Quick Facts

939
Undergraduate enrollment
86.5%
Acceptance rate
1,294
SAT average
71.7%
150%-time completion
$50,412
10-yr median earnings
88.2%
First-year retention

How Covenant College ranks in Georgia

State rank among 141 reporting Georgia colleges with College Scorecard data, a separate lens from the national distribution above.

Metric Covenant College State rank Percentile
10-yr median earnings $50,412 #21 of 141 85th
Average net price $26,265 #102 of 127 20th (lower is better)
150%-time completion 71.7% #14 of 123 89th
Undergraduate enrollment 939 #70 of 133 47th

Highest former-student earnings in Georgia

#School10-yr earningsNet price
1Miami Ad School-Atlanta$106,192$60,682
2Georgia Institute of Technology-Main Campus$102,772$12,116
3Chamberlain University-Georgia$92,405$33,188
4United States University$80,980-
5Emory University$80,137$22,585
6Emory University-Oxford College$80,137$37,920
7University of Georgia$68,726$13,936
8Galen Health Institutes-Savannah$61,480-
9Grady Health System Professional Schools$60,726-
10Spelman College$59,993$38,967
11Mercer University$58,354$23,847
12Georgia College & State University$58,140$20,686
21Covenant CollegeThis school$50,412$26,265

Admissions

Admission Rate 86.5%
SAT Average 1,294
SAT Math (25th-75th) 560 – 670
SAT Reading (25th-75th) 600 – 710
ACT Average 26
ACT (25th-75th) 23 – 30
0%100%86.5%
Share of applicants admitted

Costs & Financial Aid

Net price by family income at Covenant College

Average annual net price after grants; Title IV recipient cohort by income bracket

net price / yr

What this shows Need-based aid pulls net price down at lower brackets at Covenant College - compare the bar for your income band, not the overall average alone.

Source U.S. Department of Education, College Scorecard As of Mar–Jul 2026 retrievals

Tuition & Net Price

In-State Tuition $42,040
Out-of-State Tuition $42,040
Average Net Price $26,265
19.1%
Pell Grant Rate
40.4%
Federal Loan Rate
$22,500
Median Debt
$239/mo
Monthly Payment

2013–2023: what Covenant College costs has stayed close to flat

Average net price moved +23.3% over 10 years, from $20,141 to $24,832 in nominal dollars. The median college measured over the same span moved +14.6%.

Average net price, 2013–2023

11 reported years. Nominal dollars, not adjusted for inflation.

2013: $20,1412014: $21,7152015: $23,7422016: $22,7212017: $22,2022018: $22,2342019: $23,4132020: $25,3352021: $24,4672022: $24,4462023: $24,832
2013 · $20,1412023 · $24,832

Over the same years, enrollment went -19.3% (1,063 → 858 students).

Source: U.S. Department of Education, College Scorecard, per-year fields (2013–2023). Net price is the average cost after grant and scholarship aid for federally-aided undergraduates.

Student Demographics

Race & ethnicity

Student body at a glance

48.6%
Female

Outcomes

88.2%
Retention Rate
$39,570
Median Earnings (6yr)
66.4%
Earning Over $25K
90.7%
Loan Repayment, Completers (3yr)

Outcomes & debt snapshot

Measure Cohort / horizon Value
Completion within 150% of normal time First-time, full-time 71.7%
First-year retention First-time, full-time freshmen 88.2%
Median earnings 6 years after entry $39,570
Median earnings 10 years after entry $50,412
Share earning over $25,000 Working, not enrolled 66.4%
Loan repayment rate Completers, 3 years after leaving 90.7%
Median federal student debt At completion $22,500
Estimated monthly payment Standard 10-year plan $239/mo

Programs & Earnings

Top programs at Covenant College by completer earnings

Median earnings of program completers, College Scorecard field-of-study file

median earnings

What this shows The highest-earning programs at a school are not necessarily its most popular ones - a small specialized program can post strong median earnings without reflecting the outcome most students here actually see.

Source U.S. Department of Education, College Scorecard As of Mar–Jul 2026 retrievals
Program Credential Completers Median Earnings Median Debt
Business/Commerce, General Bachelor's 25 $75,186 $21,600
Economics Bachelor's 23 $62,761 -
Multi-/Interdisciplinary Studies, General Bachelor's 12 $44,909 $20,968
Teacher Education and Professional Development, Specific Levels and Methods Bachelor's 9 $43,077 -
Psychology, General Bachelor's 19 $42,517 $27,000
English Language and Literature, General Bachelor's 6 - -

Independent Scorecard matches among reporting colleges — not recommendations from the institution or a counselor.

Frequently Asked Questions

What is the acceptance rate at Covenant College?
Covenant College is a private nonprofit institution in Lookout Mountain, Georgia. The acceptance rate is 86.5%. The average SAT score is 1,294. Undergraduate enrollment is 939 students.
How much do Covenant College former students earn?
Federally aided former students at Covenant College who were working and not enrolled had median earnings of $50,412 ten years after entry; the cohort is not limited to graduates. Six years after entry, the corresponding median is $39,570.
How much does Covenant College cost?
The average net price at Covenant College is $26,265. In-state tuition is $42,040 and out-of-state tuition is $42,040. Median student debt at graduation is $22,500.
What is the graduation rate at Covenant College?
Covenant College has a 71.7% completion rate within 150% of normal time at a four-year institution (typically six years for a bachelor’s program). The first-year retention rate is 88.2%.
Is Covenant College worth the student debt?
The median student debt at Covenant College is $22,500, while former students earn a median of $50,412 ten years after enrollment. That debt represents about 45% of those annual earnings. Among borrowers who completed their program, 90.7% are repaying their loans within 3 years. Estimated monthly loan payment is $239.

Sources & methodology

Private-nonprofit profiles emphasize Scorecard cost-after-aid and completion alongside IPEDS Carnegie class. Endowment, gifts, and sticker price are not Scorecard fields on this page.

Figures are the Mar–Jul 2026 federal retrievals. Nonprofit campuses vary widely in aid practice — net price here is the Title-IV-recipient cohort average, not an individual award letter. Read the full methodology for how the data is sourced, computed, and verified.

Where to go next from Covenant College

Nonprofit Scorecard medians describe federal-aid recipients who were working and not enrolled — they are not sticker-price ROI and not advice.

Every figure on PlainCollege is rendered directly from the U.S. Department of Education's College Scorecard data, no number is typed in by an editor. Private-nonprofit profiles compile Scorecard net-price and earnings cohorts with IPEDS structure fields — no editor-typed figures. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error on this page. Review the public data changelog. Data current as of Mar–Jul 2026 retrievals.