Carolina University

Carolina University is a selective private nonprofit university in Winston-Salem, North Carolina. It admits about 1 in 3 applicants, graduates 22% of its students within six years, and its former students earn a median $32,864 ten years after starting college, more than 4% of the North Carolina colleges we cover.

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Acceptance rate
40%

More selective than 87% of North Carolina colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$20,828 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $32,680. College Scorecard.

Graduation rate
22%

Higher than 4% of North Carolina colleges we cover and 6% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$32,864

Higher than 4% of North Carolina colleges we cover and 3% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

Carolina University acceptance rate & admissions

Of 547 applicants, Carolina University admitted 186 and 119 enrolled (IPEDS, Fall 2023 entering class).

547
Applied
186
Admitted
119
Enrolled

IPEDS Admissions, Fall 2023 entering class

First-year students who return56%
Pell Grant recipients37%
First-generation students33%
Women / men43% / 57%

Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS

Carolina University tuition, cost & net price

What families actually pay per year, by income

Average net price after grants and scholarships for students who receive federal aid. Tap your income band.

College Scorecard, latest reported year (federal aid recipients)

Sticker price (before aid)

Tuition & fees$17,575
Housing & meals, on campus$12,400
Books & supplies$2,600
Total cost of attendance$32,680

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$11,005
Loan default rate11.3%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

Full cost breakdown, in-state vs out-of-state →

What Carolina University costs to finish, and how fast it pays back

Graduates of Carolina University took 4.0 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in North Carolina. The figures follow your residency and income choices above.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$17,738$70,952no earnings gain
$30–48k$17,560$70,240no earnings gain
$48–75k$22,993$91,972no earnings gain
$75–110k$23,597$94,388no earnings gain
$110k+$24,152$96,608no earnings gain

Cost to finish = yearly price × 4.0 years, the average time graduates took (28% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($32,864) minus $33,516 for high school graduates ages 25-34 in NC (Census ACS 2020-2024). Before taxes, loan interest and earnings given up while in school. Method

College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.

Best-value colleges in North Carolina for your income →

Carolina University majors, earnings & careers

Carolina University offers 21 bachelor's majors across 7 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Humanities & Languages · 7
  • Social Sciences & Public Service · 5
  • Education · 3
  • Business & Finance · 2
  • Technology & Computing · 2
  • Arts & Design · 1
  • Health & Medicine · 1

Highest-earning majors at Carolina University

MajorEarnings, 4 yrsMedian debt
Bible Studies$56,995$20,926
Theology / Ministry$38,859$35,382
Quick list of all 21 majors
  • American Sign Language—
  • Bible Studies$56,995
  • Business—
  • Business Administration—
  • Computer and Information Sciences—
  • Computer Science—
  • Criminal Justice—
  • Education (Elementary / Secondary)—
  • Education (Subject Teaching)—
  • Educational Administration and Supervision—
  • Ethnic / Gender Studies—
  • Graphic / Interior / Fashion Design—
  • Multi / Interdisciplinary Studies, Other—
  • Psychology—
  • Psychology (Clinical / Counseling)—
  • Public Health—
  • Religious Education—
  • Religious Music and Worship—
  • Social Sciences—
  • Sociology—
  • Theology / Ministry$38,859

— means too few graduates to report earnings.

College Scorecard field of study, latest release

All majors by area with earnings 1 and 4 years out, and debt →

Computer and Information Sciences → Software developer

$124,130
Winston
$134,710
North Carolina
$135,980
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.2% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Education (Elementary / Secondary) → Elementary school teacher

$56,510
Winston
$54,930
North Carolina
$63,970
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to shrink 0.4% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Living in Winston

Cost of living
8% below the U.S. average

Overall prices in the Winston-Salem, NC area.

BEA Regional Price Parities, 2024

Off-campus rent, 1 bedroom
$1,224/mo

2 bedrooms $1,332. Housing costs 29% below the U.S. average.

HUD Fair Market Rent, FY2027

Weather
49° / 88°

January and July average highs. 43 inches of rain a year, 6 inches of snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Relatively Moderate

Highest: tornado (relatively high); river flooding (relatively high); winter weather (relatively high).

FEMA National Risk Index, Forsyth County

Campus & students

Total enrollment (incl. graduate)893
First-year students from North Carolina27%
Next most common home statesSouth Carolina, Florida, California
AthleticsNCCAA Division I · 6 sports
Undergraduate degrees awarded, 2023-2498% bachelor's · 2% associate
Campus typePrimarily residential
Student bodyWhite 28% · Black 18% · Hispanic 12% · Two or more 6%International 33%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Forsyth County at a glance

Population389,977
Median household income$67,165
Adults with a bachelor's degree38%
Median age38

U.S. Census Bureau, ACS 5-year 2024

Compare Carolina University with similar schools

Similar private colleges in North Carolina by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Carolina University40%$20,82822%$32,864This school
Saint Augustine's University34%$24,31325%$35,730
Bennett College51%$28,29925%$36,654
Johnson C Smith University45%$20,89434%$42,680
Brevard College42%$23,50949%$43,545

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

Carolina University would cost you $3,485 less per year than Saint Augustine's University, on average.

  • Lower sticker price at Carolina University, mostly from more Carolina University students living at home, which lowers its average (−$2,497).
  • Carolina University gives aided families $2,986 more in grants, on average.
Per year, North Carolina residentCarolina UniversitySaint Augustine's UniversityDifference
Tuition & fees$17,575$16,896+$679
Books & supplies$2,600$1,000+$1,600
Housing & meals$12,400$10,376+$2,024
Personal & travel$3,200$5,505−$2,305
Living-at-home adjustment−$3,095−$598−$2,497
Sticker price$32,680$33,179−$499
Average grants−$11,852−$8,866−$2,986
You pay$20,828$24,313−$3,485

“+” means Carolina University costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Common questions about Carolina University

What is the Carolina University acceptance rate?

Carolina University accepts 40% of applicants (College Scorecard). In the latest IPEDS admissions year, 186 of 547 applicants were admitted.

How much does Carolina University cost per year?

The sticker price (cost of attendance) is $32,680 a year. After grants and scholarships, students receiving federal aid pay $20,828 a year on average; families earning $0–30k pay $17,738 and families earning $110k+ pay $24,152.

How much do Carolina University graduates earn?

Former Carolina University students earn a median $32,864 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the Carolina University graduation rate?

22% of first-time, full-time students graduate within six years, and 56% return for their second year.

Is Carolina University the right fit for your family?

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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Carolina University: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/carolina-university (College Scorecard and IPEDS data).