Furman University

What the IPEDS & College Scorecard Data Shows for Furman University

Furman University operates as a private nonprofit institution located in Greenville, South Carolina (suburb: large), with a total reported enrollment of 2,379 students of which 2,334 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. Furman University is categorized as “21” 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 43.0%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,371 and an ACT midpoint of 31. The average net price after grants and scholarships is $30,308, with published in-state tuition of $59,770 and a Pell grant recipient share of 13.2%. Median federal student debt at graduation is $23,250, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 80.1%, and the first-year retention rate is 90.6%. Graduates earn a median of $68,635 ten years after enrolling, compared with $50,796 six years post-enrollment. Within three years of entering repayment, 64200.0% of borrowers are making progress on their federal loans, and 74.7% 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.