Active Report Report ID: EDU-233426-2026

Roanoke College

Salem, VA 24153-3794

Acceptance rate83.06%Broad access
Tuition$38,068Published sticker
Avg. net price$24,503After aid
Graduation rate67.36%150% time
Median salary$58,04710yr post-entry

About Roanoke College

Roanoke College is a private university in Salem, Virginia, enrolling about 1,767 students. Admission is moderately selective for first-time degree-seeking undergraduates reporting admissions data to the Education Department. The acceptance rate is about 83.06% in the latest College Scorecard admissions data. Median earnings about ten years after entry reach about $58,047 among students who received federal aid.

Key findings

  • Roanoke College charges 30% above the national private non-profit median tuition ($38,068).
  • Versus the Virginia median, sticker tuition is about 2.3×.
  • Completion within 150% of normal time is 67.36%.
  • Median earnings 10 years after entry are $58,047.

Research findings

01

Finding

Modeled return on investment at Roanoke College is strong.

Estimated ROI reaches about 492% using Scorecard cost and 10-year earnings fields in this extract.

— Evidence from EDsmart Data analysis

Interpretation: On this institution-wide model, typical graduate earnings over a decade substantially exceed estimated net education cost.

Limitation: ROI is institution-wide and not program-specific; individual outcomes vary by major, aid package, and labor market.

Cost benchmarks

Benchmark Median Tuition Median Net Price Count
Roanoke College$38,068$24,5031
Private Non-profit (national median)$29,3251,444
Virginia (state median)$16,364$8,852107
Rural (locale median)$14,160$18,7001,649
United States (national median)$11,900$17,156

Compares this campus to school-type, state, and locale medians plus a U.S. national median (College Scorecard–derived). Locale groups campuses by NCES locale type; state tuition is the median published tuition among campuses in that state.

Cost

Average net price is 36% below published tuition at Roanoke College

Source College Scorecard + EDsmart aggregatesMethod Sticker vs net; peer mediansUpdated 2026 extractCoverage Undergraduate (Title IV net price)Confidence Federal extract

Key findings

  • Roanoke College's average net price ($24,503) is 36% below published tuition ($38,068).
  • Roanoke College charges 30% above the national private non-profit median tuition ($38,068).
  • Versus the Virginia median, sticker tuition is about 2.3×.
Published sticker

Roanoke College tuition

Published undergraduate tuition $38,068

Finding Roanoke College charges 30% above the national private non-profit median tuition.

Evidence Published tuition is $38,068. That is 30% above the national private non-profit median ($29,325). Versus the Virginia median ($16,364), sticker tuition is about 2.3×. Versus the U.S. median ($11,900), sticker is about 3.2×.

Method Sticker tuition compared with Scorecard-derived medians by ownership, state, locale, and national rollups when available.

Interpretation Published tuition measures sticker price relative to private non-profit and geographic peers; it does not equal what undergraduates typically pay after aid.

Limitation Sticker comparisons omit room, board, and institutional aid; average net price and income-band net prices are the stronger signals of typical family cost.

Evidence: published tuition at Roanoke College versus school-type, state, locale, and U.S. medians.

Evidence: average net price at Roanoke College versus state, locale, and U.S. medians.

Average net price

What undergraduates typically pay

Finding Average net price at Roanoke College is $24,503.

Evidence College Scorecard average net price is $24,503 (cost of attendance minus average grant aid for aided undergraduates). That is about $15,651 above the Virginia median net price. Versus rural campuses, net price runs $5,803 above the locale median.

Method Average net price from College Scorecard; compared with state, locale, and U.S. medians from EDsmart aggregates.

Interpretation Average net price is a stronger institutional cost signal than published tuition because it incorporates grant aid.

Limitation The campus average masks large differences by household income; income-band net prices can diverge sharply from the overall average.

Key takeaway Roanoke College’s published tuition substantially overstates typical undergraduate cost: average net price is about 36% lower after grants and scholarships.

School guide

Roanoke College: research record

Canonical EDsmart Data findings for Roanoke College—costs, outcomes, admissions, and programs—with evidence and methodology notes.

Research findings

Interpretation

The combination of completion and 10-year earnings is a multidimensional outcomes signal; it does not measure educational quality by itself.

Financial profile

Annual tuition

$38,068

Avg. net price

$24,503

Net price by family income

Income bracketAvg. annual net price
$0–$30,000$15,204
$30,001–$48,000$17,410
$48,001–$75,000$18,638
$75,001–$110,000$15,902
$110,001+$30,087

Sticker tuition × four years (estimate, no room/board): $152,272. See cost investigation.

Student outcomes

First-year retention75.7%

Share of first-year students returning the following fall.

$45,330Median earnings (6 years after entry)

Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.

Admissions landscape

  • Broad access — most applicants are admitted.
  • Yield: 10% of admitted students enrolled.
  • Average SAT: 1211
  • Midpoint ACT: 25

See Admissions for the full funnel.

Is Roanoke College a good school?

Data-framed fit—not a prestige rating.

Roanoke College is a good school for those looking for strong completion alongside solid mid-career earnings.

EDsmart Data does not assign an opinion score; this framing summarizes the strongest Scorecard signals for this campus.

Earnings outcomes
Campus snapshot

More from the data

Location, control, enrollment, and aid context for Roanoke College.

Campus

Location

Salem, VA

City / state

ZIP
24153-3794
NCES locale
Rural distant

Compared with Rural campuses nationally, net price is 31% above the median for Rural campuses ($18,700 median).

Control

Institution type

Private Non-profit

Control

Region
Southeast
Carnegie
Baccalaureate Colleges: Diverse Fields

Size

Enrollment

1,767

Total enrollment

Undergraduate
1,902
Graduate
11
Full-time share
98%

Student aid

Debt & aid

$27,000

Median federal loan debt

Pell grant share
24.40%
Cost detail

Total Cost, Aid & Default

Total Cost of Attendance

$98,012Estimated 4-year total cost
$24,503Average annual net price (after aid)
$152,2724-year tuition
$15,366Room & board (annual, on-campus estimate)
$1,000Books & supplies (annual estimate)
$54,434Estimated annual sticker (tuition + room/board + books)
$217,736Estimated 4-year sticker (before aid)

Tuition vs average net price after aid for Roanoke College.

Financial Aid by Income Level

24.40% Undergraduates receiving aid through grants
80.32% Undergraduates receiving 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 Roanoke College was 0.00%.

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

Multi-year tracker

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 Roanoke College in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$36,597$36,597$26,451
2014$38,177$38,177$27,088
2015$39,791$39,791$27,985
2016$41,429$41,429$28,096
2017$42,819$42,819$27,435
2018$44,155$44,155$26,256
2019$45,559$45,559$25,135
2020$47,020$47,020$26,997
2021$48,330$48,330$27,541
2022$35,350$35,350$27,780
2023$36,774$36,774$27,786

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.

Access

How difficult is it to get in?

Acceptance Rate

83.06%Acceptance rate
6,829Total applicants
5,468Students admitted
531First-time students enrolled
9.71%Yield (enrolled ÷ admitted)

This institution has a moderate acceptance rate, accepting most qualified applicants.

Applicants → admits → first-time enrollment from College Scorecard / IPEDS. Bar widths are scaled for readability at highly selective schools.

Test Scores

1211SAT average
25ACT midpoint

Scores for enrollees who submitted tests (College Scorecard).

Academic Requirements

3.40Estimated median GPA
3.3–3.5Estimated GPA range

Estimated from admission selectivity and test scores. Scorecard does not publish admitted-student GPA for most institutions.

Estimated GPA band from selectivity and test scores — not an official requirement.

Student body

Enrollment & Student Demographics

Roanoke College reported total enrollment of about 1,767 students in the latest College Scorecard extract. The student body is about 48% male and 52% female. Enrollment by race and ethnicity includes White (76.2%), Black or African American (7.1%), and Hispanic or Latino (7.0%). About 24.40% of undergraduates receive Pell Grants. Roughly 20.7% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

98.0% Full-Time Enrollment

The total enrollment at Roanoke College in 2024 is 1,767 students.

Undergraduate enrollment is about 1,902 students. Graduate enrollment is about 11 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

75.7%
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

76.2%White or Caucasian
9Reported race/ethnicity groups

Largest share of total enrollment in our College Scorecard extract.

  • White or Caucasian76.2%
  • Black or African American7.1%
  • Hispanic or Latino7.0%
  • Two or More Races4.5%
  • Non-Resident Alien3.3%
  • Asian1.6%
  • American Indian or Alaska Native0.2%
  • Native Hawaiian or Other Pacific Islander0.2%
  • Race/ethnicity unknown0.0%

College Scorecard student demographics (total enrollment shares).

Outcomes

Do students complete their programs?

Time to Complete

59.90% 100% Completion Time

67.36% 150% Completion Time

In 2024, 59.90% of students graduating from Roanoke College completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Business Administration and Management, General: 71% male / 29% female
  • Psychology, General: 23% male / 77% female
  • Biology/Biological Sciences, General: 40% male / 60% female

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

Completions by Race & Ethnicity

391White or Caucasian
7Reported groups

Largest group by summed IPEDS award counts across reported programs.

  • White or Caucasian391
  • Hispanic or Latino31
  • Black or African American20
  • Two or More Races10
  • Asian7
  • American Indian or Alaska Native3
  • Native Hawaiian or Other Pacific Islander0

Summed across program completion records in our extract.

Outcomes & academic profile

Roanoke College graduates earn a median of $58,047 ten years after entry

Source College ScorecardMethod Earnings + debt + net price modelsUpdated 2026 extractCoverage Institution-wideConfidence Federal extract

Finding Earnings, debt, and program mix define the financial profile of Roanoke College.

Evidence Median earnings 10 years after entry: $58,047. Median federal loan debt: $27,000. Average net price used in cost models: $24,503.

Method College Scorecard median earnings (10-year), median debt, and EDsmart ROI / payback models using campus net price.

Interpretation Institution-wide ROI and debt ratios summarize campus averages; program choice still drives individual outcomes.

Limitation Salary reflects median earnings ten years after entry; ROI is not program-specific.

Key takeaway Roanoke College graduates report median earnings of $58,047 ten years after entry—an institution-wide outcomes signal, not a program guarantee.

Return on Investment

492%Modeled return on investment
$27,000Median student debt
$58,047Median annual earnings (10 years)
46.51%Debt-to-earnings ratio
4.7 yearsEstimated payback period

Debt and 4-year net cost vs. cumulative 10-year median earnings for Roanoke College.

Top Programs by Completions

Largest 10 programs by IPEDS completions (42 reported codes; aggregate/unknown CIP buckets excluded).

  1. Communication and Media Studies 18

IPEDS award counts for the largest programs at Roanoke College.

Employment Outcomes

$58,047Median earnings (10 years after entry)
$45,330Median earnings (6 years after entry)
$52,365Median earnings (8 years after entry)
79.22%Working & not enrolled (8-year cohort share)

Median earnings 6, 8, and 10 years after entry for Roanoke College graduates.

How financially powerful is this institution?

Finding: federal finance and Scorecard instructional fields for Roanoke College—endowment assets (fiscal year 2023), instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.

Institutional endowment

$171.7M

End-of-year assets · Fiscal year 2023

Start of year: $159.7M

Year change: $12M

  • Virginia median 5.6× the median ($30.9M)
  • Southeast median 8.8× the median ($19.4M)
  • U.S. median 6.5× the median ($26.4M)

Per FTE: $94,182

  • Virginia median 7.2× the median ($13,171)
  • Southeast median 10× the median ($9,308)
  • U.S. median 7.8× the median ($12,100)

Instructional Resources

  • Full-time faculty share: 83.2%
    • Virginia median 22.1 pp above median (61.0%)
    • Southeast median 23.7 pp above median (59.4%)
    • U.S. median 25.2 pp above median (58.0%)
  • Average faculty salary (monthly): $7,553
    • Virginia median 0.92× the median ($8,196)
    • Southeast median 1.1× the median ($6,825)
    • U.S. median near the median ($7,615)
  • Instructional expenditure per FTE: $11,658
    • Virginia median 1.6× the median ($7,382)
    • Southeast median 1.8× the median ($6,602)
    • U.S. median 1.6× the median ($7,288)

Instructional metrics from College Scorecard. Peer medians are campus-level; see the institutional financials deep dive. Detailed non-instructional staff counts are not included here.

Roanoke College at a glance

Institution snapshot

Roanoke College

Salem, VA 24153-3794 · Private Non-profit · Southeast

Roanoke College is a private non-profit institution in Salem, VA, classified as Baccalaureate Colleges: Diverse Fields.

Tuition$38,068
Avg. net price$24,503
Enrollment1,767
Acceptance rate83.06%
Completion (150%)67.36%
Average SAT1211
Largest programs (IPEDS awards)
Business Administration and Management, GeneralPsychology, GeneralBiology/Biological Sciences, General
Largest enrollment groups
White or Caucasian76.2%
Black or African American7.1%
Hispanic or Latino7.0%
Nearby

Schools near Roanoke College

Other campuses in Salem, VA when available, plus nearby institutions in Virginia.

Peers

Similar schools

Peers matched by the same EDsmart outcomes grade (Grade C) within Virginia, then by similar ownership and admissions.

Frequently Asked Questions

Where is Roanoke College located?

Roanoke College is located in Salem, VA.

What is Roanoke College's acceptance rate?

The acceptance rate at Roanoke College is 83.1% among first-time degree-seeking students reporting admissions data. IPEDS reports 6,829 applicants and 5,468 admits in the latest admissions cycle in our extract.

What is Roanoke College's tuition?

Roanoke College tuition (published undergraduate sticker price) is $38,068 in the latest College Scorecard data. Average net price after grant aid is $24,503 for undergraduates receiving Title IV aid.

How much does Roanoke College cost?

Reported tuition is $38,068 and average net price is $24,503 in the latest College Scorecard data. On-campus room and board is estimated at $15,366 annually.

Why is Roanoke College's net price so much lower than tuition?

At Roanoke College, published tuition is $38,068 while average net price is $24,503—about 36% lower. Average net price subtracts grant and scholarship aid from cost of attendance for undergraduates receiving Title IV aid (College Scorecard). Institutional aid therefore compresses sticker price into a lower typical undergraduate cost signal. The campus average still masks large differences by household income; income-band net prices can diverge sharply from the overall average. EDsmart Data treats the sticker–net gap as an analytical finding, not advice about individual aid offers.

What explains Roanoke College's return on investment in EDsmart Data?

EDsmart Data models ROI using campus average net price ($24,503), completion (67.4% within 150% of normal time where reported), and median earnings ten years after entry ($58,047). High completion and strong mid-career earnings relative to net cost raise modeled ROI; the estimate is institution-wide and not program-specific. Debt-to-earnings ratios, when available, further contextualize borrowing pressure. Limitations include suppressed fields, program mix, and labor-market variation over time.

What is the student body demographics at Roanoke College?

Roanoke College reports undergraduate enrollment of about 1,902 students, White (76.2%), Black or African American (7.1%) in federal College Scorecard data.

How many first-generation students attend Roanoke College?

About 20.7% of students at Roanoke College are first-generation college students.

What test scores do students need for Roanoke College?

Among enrolled students who submitted scores, Roanoke College reports midpoint SAT about 1211 and midpoint ACT about 25.

What do graduates of Roanoke College earn?

Median earnings are $45,330 six years after entry and $58,047 ten years after entry.

What is the graduation rate at Roanoke College?

The 150%-time completion rate is 67.4% for the cohort reported to the College Scorecard.

How much debt do Roanoke College students have?

Median federal loan debt among completers is $27,000.

Data Sources

This page uses data from the following sources:

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 Scope

This profile uses institution-level fields from the U.S. Department of Education College Scorecard, merged with IPEDS directory attributes where needed for locale, ownership, and program completions.

Benchmark rows compare this campus to NCES locale-type medians (for example Suburban) from our processed location extract. Implied U.S. medians are derived from locale-vs-national percentage fields in that extract—not a separate national Scorecard table.