Furman University

www.furman.edu

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2022 Undergraduate Tuition

$55,392

4.53% growth from 2021

2022 Average Net Price

$33,370

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

67%

7,514 Applicants

2022 Enrolled Students

2,443

97.5% Full-Time

2022 Graduation Rate

85.4%

638 Graduates

About

The median undergraduate tuition at Furman University is $55,392.

In 2020 the default rate for borrower's at Furman University was 0%, corresponding to 0 out of the 342 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Furman University is $55,392

After taking grants and loans into account, the average net price for students is $33,370.

In 2022, 96% of undergraduate students attending Furman University received financial aid through grants. Comparatively, 28% of undergraduate students received financial aid through loans.

Tuition Costs

$55,392

2022 Undergraduate Tuition

In 2022, the cost of tuition at Furman University was $55,392.

This chart compares the tuition costs of Furman University (in red) with those of other similar universities.

Average Net Price

$33,370

2022 Value

1.85%

1 Year Growth

In 2022 Furman University had an average net price — the price paid after factoring in grants and loans — of $33,370. Between 2021 and 2022, the average net price of Furman University grew by 1.85%.

This chart compares the average net price of Furman University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$13,698

Room and Board

$810

Books and Supplies

The average yearly cost of room and board at Furman University was of $13,698 in 2022. The cost of room and board increased by 2.51% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $810. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Furman University (in red) with that of similar universities.

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

28%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Furman University received financial aid through grants or loans in 2022. This represents a growth of 2.13% with respect to 2021, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Furman University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Furman University was 0%, which represents 0 out of the 342 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Furman University received 7,514 undergraduate applications in 2022, which represents a 4.74% annual growth. Out of those 7,514 applicants, 5,036 students were accepted for enrollment, representing a 67% acceptance rate.

There were 2,443 students enrolled at Furman University in 2022. 29% of first-time enrollees submitted SAT scores with their applications.

Furman University has an overall enrollment yield of 12.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

67%

Acceptance Rate in 2022

5,036

Accepted Out of 7,514

In 2022, the undergraduate acceptance rate of Furman University was 67% (5,036 admissions from 7,514 applications). This is lower than the acceptance rate of 2021, which was 71.4%. Between 2021 and 2022, the number of applicants grew by 4.74%, while admissions declined by 1.62%.

This chart compares the acceptance rate of Furman University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

29%

Submission Percentage (2022)

187

Scores Submitted (2022)

29% of enrolled first-time students at Furman University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Furman University had a total enrollment of 2,443 students in 2022. The full-time enrollment at Furman University is 2,381 students and the part-time enrollment is 62. This means that 97.5% of students enrolled at Furman University are enrolled full-time.

Full-Time vs Part-Time Enrollment

97.5%

Full-Time Enrollment

The total enrollment at Furman University in 2022, both undergraduate and graduate, is 2,443 students. The full-time enrollment at Furman University is 2,381 and the part-time enrollment is 62.

This chart shows the full-time vs part-time enrollment status at Furman University (in red) compares to similar universities.

Retention Rate over Time

88%

2022 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. The retention rate for full-time undergraduates at Furman University was 88%.

This chart shows the retention rate over time at Furman University (highlighted in red) compares to similar universities.

Graduates

Time to Complete

73%

100% Completion Time

81%

150% Completion Time

In 2022, 73% of students graduating from Furman University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 81% completed their degrees within 150% of the normal time, and 81% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Furman University is Female and American Indian or Alaska Native (100% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.