Carolina University is a private research university in Winston-Salem, North Carolina, enrolling about 460 students. Admission is moderately selective for first-time degree-seeking undergraduates reporting admissions data to the Education Department. The acceptance rate is about 39.54% in the latest College Scorecard admissions data. Median earnings about ten years after entry reach about $32,864 among students who received federal aid.

Key Facts

  • 2024 Undergraduate Tuition: $17,575
  • 2024 Average Net Price: $20,828 After Financial Aid
  • 2024 Acceptance Rate: 39.54% Selective
  • 2024 Enrolled Students: 460 96.3% Full-Time
  • 2024 Graduation Rate: 21.55%
  • Carnegie Classification: Baccalaureate Colleges: Arts & Sciences Focus
  • First-Generation Students: 32.7%
  • Tuition trend: In-state tuition increase of 6.3% from 2022 to 2023 (College Scorecard).
  • Net price trend: Average net price increase of 12.9% from 2022 to 2023 (College Scorecard).
  • Full-Time Faculty: 40.8%
  • Undergraduate Enrollment: 530
  • Applicants (IPEDS): 547
  • Room & Board: $12,400 annual estimate

Carolina University: what the data shows

Common questions about Carolina University, answered from College Scorecard and IPEDS in this repository.

Where is Carolina University?

Carolina University is located in Winston-Salem, NC (ZIP 27101).

NCES locale classification: City.

Is Carolina University public or private?

Carolina University is a Private Non-profit institution.

How much does Carolina University cost?

Published tuition: $17,575.

Average net price after aid: $20,828.

Family income bandAvg. net price
Family income $0–$30,000$17,738
$30,001–$48,000$17,560
$48,001–$75,000$22,993
$75,001–$110,000$23,597
$110,001+$24,152

Sticker tuition × four years (estimate, no room/board): $70,300.

How hard is it to get into Carolina University?

Admission rate: 39.54%.

Scorecard does not publish admitted-student GPA for most institutions.

How big is Carolina University?

Total enrollment: 460 students.

Undergraduate enrollment: 530 students.

Graduate enrollment: 420 students.

About 96% enroll full-time in our extract.

What is the graduation rate at Carolina University?

150%-time completion rate: 21.55%.

First-year retention: 56.4%.

What do graduates of Carolina University earn?

Median earnings: $30,657 six years after entry; $32,864 ten years after entry (College Scorecard).

How much debt do students have?

Median federal loan debt among completers: $20,287.

37.26% of students receive Pell grants.

What is Carolina University known for?

Largest IPEDS program completions at this institution:

See ROI & Programs for more.

Is Carolina University a good school?

We do not score schools on opinion. Federal data in our extract show admission rate 39.54%; completion rate 21.55%; median earnings $32,864 at 10 years; net price $20,828. Compare these figures to your cost, aid, and career goals.

Tuition & Cost

Tuition Costs

$17,575
2024 Undergraduate Tuition

In 2024, the cost of tuition at Carolina University was $17,575.

Tuition comparison with similar institutions.

Average Net Price

$20,828
2024 Value

In 2024 Carolina University had an average net price — the price paid after factoring in grants and loans — of $20,828.

Average net price comparison with similar institutions.

Total Cost of Attendance

$83,312 Estimated 4-Year Total Cost

$20,828 Average Annual Net Price (after aid)

$70,300 4-Year Tuition

$12,400 Room & Board (annual, on-campus estimate)

$2,600 Books & Supplies (annual estimate)

$32,575 Estimated Annual Sticker (tuition + room/board + books)

$130,300 Estimated 4-Year Sticker (before aid)

4-year total cost breakdown for Carolina University.

Financial Aid by Income Level

37.26% Undergraduates Receiving Financial Aid through Grants

44.58% Undergraduates Receiving Financial Aid through Loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00%
3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at Carolina University was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Carolina University in that year.

Reporting years in the table below: 20162023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2016$9,650$9,650$16,669
2017$9,480$9,480$13,004
2018$9,920$9,920$15,700
2019$11,900$11,900$14,461
2020$14,580$14,580$14,466
2021$14,400$14,400$13,771
2022$15,050$15,050$16,706
2023$16,000$16,000$18,866

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Acceptance Rate & Admissions

Acceptance Rate

39.54% Acceptance Rate

547 Total Applicants

186 Students Admitted

119 First-Time Students Enrolled

63.98% Yield (enrolled ÷ admitted)

This institution is selective, accepting about half of all applicants.

Acceptance rate compared to national average.

Test Scores

Test score data is not available for this institution.

Average SAT and ACT scores for admitted students.

Academic Requirements

GPA requirements are not published by this institution. Contact the admissions office for specific academic requirements.

Estimated GPA and test score ranges.

Enrollment & Student Demographics

Carolina University reported total enrollment of about 460 students in the latest College Scorecard extract. The student body is about 57% male and 43% female. Enrollment by race and ethnicity includes Non-Resident Alien (33.5%), White (28.3%), and Black or African American (18.0%). About 37.26% of undergraduates receive Pell Grants. Roughly 32.7% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

96.3% Full-Time Enrollment

The total enrollment at Carolina University in 2024 is 460 students.

Undergraduate enrollment is about 530 students. Graduate enrollment is about 420 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

56.4%
2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall.

Retention rate over time compared to similar institutions.

Enrollment by Race & Ethnicity

The largest enrollment share in our College Scorecard extract is Non-Resident Alien at 33.5%.

Shares are for total enrollment (undergraduate and graduate combined when reported).

College Scorecard student demographics.

Graduates & Outcomes

Time to Complete

19.30% 100% Completion Time

21.55% 150% Completion Time

In 2024, 19.30% of students graduating from Carolina University completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Divinity/Ministry: 89% male / 11% female
  • Organizational Leadership: 55% male / 45% female
  • Business Administration, Management and Operations, Other: 57% male / 43% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

Combined IPEDS award counts across reported programs; largest group: White.

Summed across program completion records in our extract.

ROI & Programs

Financial value and program information for Carolina University.

Return on Investment

$20,287 Median Student Debt

$32,864 Median Annual Earnings (10 years)

61.73% Debt-to-Earnings Ratio

294.47% Return on Investment

6.2 years Estimated Payback Period

Financial value analysis for Carolina University.

Top Programs by Completions

10 largest programs by IPEDS completions (of 18 reported codes; aggregate/unknown CIP buckets excluded).

1. Divinity/Ministry: 79 completions

2. Organizational Leadership: 31 completions

3. Business Administration, Management and Operations, Other: 23 completions

4. Business Administration and Management, General: 22 completions

5. Data Science, General: 14 completions

6. Deaf Studies: 12 completions

7. Criminal Justice/Safety Studies: 8 completions

8. Psychology, General: 7 completions

9. Financial Planning and Services: 6 completions

Most popular programs at Carolina University.

Employment Outcomes

Employment outcome data is not available for this institution.

Earnings outcomes for Carolina University graduates.

Operations

Instructional staffing and expenditure indicators for Carolina University from College Scorecard (not a full IPEDS finance statement).

Instructional Resources

  • Full-time faculty share: 40.8%
  • Average faculty salary (Scorecard): $5,407
  • Instructional expenditure per FTE: $3,977

Endowment and detailed non-instructional staff counts require IPEDS Finance/HR surveys and are not in this extract.

Scorecard instructional metrics where reported.

About

Carolina University is a private non-profit institution located in Winston-Salem, NC, classified as Baccalaureate Colleges: Arts & Sciences Focus. In the latest IPEDS completions in our extract, the largest programs by awards were Divinity/Ministry, Organizational Leadership, Business Administration, Management and Operations, Other. Enrollment is approximately 460 students. Student body composition includes Non-Resident Alien (33.5%), White (28.3%), Black or African American (18.0%). It is selective, with an admission rate of 39.54%. The 150%-time completion rate is 21.55%. Approximately 37.26% of students receive Pell Grants. About 32.7% of students are first-generation college students.

Institution Type

Private Non-profit

Carnegie Classification: Baccalaureate Colleges: Arts & Sciences Focus

Location

Winston-Salem, NC 27101

Region: Southeast

Insights and Analysis

Graduation Rate Considerations: The 21.55% graduation rate at Carolina University falls below the national average. Prospective students should carefully consider factors such as academic preparation, support services, and career outcomes when evaluating this institution.

Frequently Asked Questions

Where is Carolina University located?

Carolina University is located in Winston-Salem, NC.

What is Carolina University's acceptance rate?

The acceptance rate at Carolina University is 39.5% among first-time degree-seeking students reporting admissions data. IPEDS reports 547 applicants and 186 admits in the latest admissions cycle in our extract.

How much does Carolina University cost?

Reported tuition is $17,575 and average net price is $20,828 in the latest College Scorecard data. On-campus room and board is estimated at $12,400 annually.

What is the student body demographics at Carolina University?

Carolina University reports undergraduate enrollment of about 530 students, Non-Resident Alien (33.5%), White (28.3%) in federal College Scorecard data.

How many first-generation students attend Carolina University?

About 32.7% of students at Carolina University are first-generation college students.

What do graduates of Carolina University earn?

Median earnings are $30,657 six years after entry and $32,864 ten years after entry.

What is the graduation rate at Carolina University?

The 150%-time completion rate is 21.6% for the cohort reported to the College Scorecard.

How much debt do Carolina University students have?

Median federal loan debt among completers is $20,287.

Is Carolina University public or private?

Carolina University is a private nonprofit institution located in Winston-Salem, NC.

Is Carolina University an HBCU?

No. Carolina University is not flagged as an HBCU in the IPEDS institutional directory.

Is Carolina University a tribal college?

No. Carolina University is not flagged as a tribal college in IPEDS.

Is Carolina University a Hispanic-serving institution (HSI)?

Using a 25% Hispanic enrollment threshold on College Scorecard demographics, Carolina University does not meet that proxy (reported share 12.0%).

Data Sources

This page uses data from the following sources:

  • Winston-Salem, North Carolina city profile
  • Southeast regional profile
  • All state profiles
  • Regional profiles
  • National benchmarks
  • School directory
  • All schools in North Carolina
  • Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

    Last Updated: Data reflects the most recent available information as of January 2025.

    Methodology

    Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, which provides comprehensive information on institutions of higher education in the United States.

    All financial figures are adjusted for inflation and represent the most recent available data. Graduation rates and completion times are calculated according to federal standards.