Thomas College

What the IPEDS & College Scorecard Data Shows for Thomas College

Thomas College operates as a private nonprofit institution located in Waterville, Maine (town: remote), with a total reported enrollment of 647 students of which 1,660 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. Thomas College 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 96.3%, drawn from the most recent IPEDS Fall enrollment survey. The average net price after grants and scholarships is $18,885, with published in-state tuition of $31,824 and a Pell grant recipient share of 18.1%. Median federal student debt at graduation is $24,250, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 52.6%, and the first-year retention rate is 77.5%. Graduates earn a median of $44,991 ten years after enrolling, compared with $40,495 six years post-enrollment. Within three years of entering repayment, 50400.0% of borrowers are making progress on their federal loans, and 60.6% 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.