Covenant College

Covenant College is a less selective private nonprofit college in Lookout Mountain, Georgia. It admits most applicants, graduates 71% of its students within six years, and its former students earn a median $50,412 ten years after starting college, more than 75% of the Georgia colleges we cover.

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Yearly household income. Saved on this device only. No account needed.

Acceptance rate
87%

More selective than 30% of Georgia colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$26,265 /yr

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

Sticker price $57,467. College Scorecard.

Graduation rate
71%

Higher than 93% of Georgia colleges we cover and 81% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$50,412

Higher than 75% of Georgia colleges we cover and 42% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

Covenant College acceptance rate & admissions

Of 751 applicants, Covenant College admitted 614 and 246 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1160–1380 on the SAT or 23–30 on the ACT.

751
Applied
614
Admitted
246
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years1160–1380
ACT composite, middle 50% of first-years23–30
First-years who sent SAT scores35%
First-year students who return88%
Pell Grant recipients19%
Women / men52% / 48%

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

Covenant College 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$42,040
Housing & meals, on campus$12,272
Books & supplies$1,170
Total cost of attendance$57,467

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$19,000
Loan default rate0.8%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

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

What Covenant College costs to finish, and how fast it pays back

Graduates of Covenant College took 4.2 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 Georgia. The figures follow your residency and income choices above.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$18,310$75,9874.5 years
$30–48k$15,929$66,1053.9 years
$48–75k$24,606$102,1156.0 years
$75–110k$24,836$103,0696.1 years
$110k+$30,172$125,2147.4 years

Cost to finish = yearly price × 4.2 years, the average time graduates took (62% 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 ($50,412) minus $33,516 for high school graduates ages 25-34 in GA (Census ACS 2020-2024), a gain of $16,896 a year. 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 Georgia for your income →

Covenant College majors, earnings & careers

Covenant College offers 27 bachelor's majors across 8 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Humanities & Languages · 9
  • Science & Math · 6
  • Arts & Design · 3
  • Business & Finance · 3
  • Social Sciences & Public Service · 3
  • Education · 1
  • Health & Medicine · 1
  • Technology & Computing · 1

Highest-earning majors at Covenant College

MajorEarnings, 4 yrsMedian debt
Business$75,186$21,600
Economics$62,761—
Interdisciplinary Studies$44,909$22,500
Education (Elementary / Secondary)$43,077—
Psychology$42,517$27,000
Quick list of all 27 majors
  • Bible Studies—
  • Biological and Physical Sciences—
  • Biology—
  • Business$75,186
  • Business, Management, Marketing, and Related Support Services, Other—
  • Chemistry—
  • Computer and Information Sciences—
  • Economics$62,761
  • Education (Elementary / Secondary)$43,077
  • English—
  • History—
  • Interdisciplinary Studies$44,909
  • International / Global Studies—
  • Kinesiology / Exercise Science—
  • Liberal Arts / General Studies—
  • Mathematics—
  • Music—
  • Philosophy—
  • Physical Sciences—
  • Physics—
  • Political Science—
  • Psychology$42,517
  • Sociology—
  • Spanish / French / Romance Languages—
  • Studio Art—
  • Theatre—
  • Writing—

— 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 →

Education (Elementary / Secondary) → Elementary school teacher

$59,830
Chattanooga
$72,290
Georgia
$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

Business → Management analyst

$96,870
Chattanooga
$99,600
Georgia
$101,860
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.1% from 2025 to 2035.

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

Living in Chattanooga

Cost of living
9% below the U.S. average

Overall prices in the Chattanooga, TN-GA area.

BEA Regional Price Parities, 2024

Off-campus rent, 1 bedroom
$1,231/mo

2 bedrooms $1,340. Housing costs 23% below the U.S. average.

HUD Fair Market Rent, FY2027

Weather
46° / 84°

January and July average highs. 59 inches of rain a year, almost no snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Very Low

No hazard rated high.

FEMA National Risk Index, Dade County

Campus & students

Total enrollment (incl. graduate)928
First-year students from Georgia35%
Next most common home statesTennessee, Florida, North Carolina
AthleticsNCAA Division III without football · 9 sports
Undergraduate degrees awarded, 2023-24100% bachelor's
Campus typeHighly residential
Student bodyWhite 85% · Hispanic 4% · Asian 3% · Two or more 2%International 4%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Dade County at a glance

Population16,165
Median household income$64,568
Adults with a bachelor's degree18%
Median age42

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

Compare Covenant College with similar schools

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

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Covenant College87%$26,26571%$50,412This school
Oglethorpe University88%$19,50954%$55,232
Piedmont University93%$20,59947%$49,130
Agnes Scott College62%$24,75471%$56,274
Brenau University88%$18,92433%$54,003

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

Why the price is different

Covenant College would cost you $6,756 more per year than Oglethorpe University, on average.

  • Lower sticker price at Covenant College, mostly from lower tuition & fees (−$5,550).
  • Oglethorpe University gives aided families $9,870 more in grants, on average.
Per year, Georgia residentCovenant CollegeOglethorpe UniversityDifference
Tuition & fees$42,040$47,590−$5,550
Books & supplies$1,170$1,200−$30
Housing & meals$12,272$15,300−$3,028
Personal & travel$4,106$2,750+$1,356
Living-at-home adjustment−$2,121−$6,259+$4,138
Sticker price$57,467$60,581−$3,114
Average grants−$31,202−$41,072+$9,870
You pay$26,265$19,509+$6,756

“+” means Covenant College 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 Covenant College

What is the Covenant College acceptance rate?

Covenant College accepts 87% of applicants (College Scorecard). In the latest IPEDS admissions year, 614 of 751 applicants were admitted. The middle half of enrolled first-year students scored 1160–1380 on the SAT or 23–30 on the ACT.

How much does Covenant College cost per year?

The sticker price (cost of attendance) is $57,467 a year. After grants and scholarships, students receiving federal aid pay $26,265 a year on average; families earning $0–30k pay $18,310 and families earning $110k+ pay $30,172.

How much do Covenant College graduates earn?

Former Covenant College students earn a median $50,412 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the Covenant College graduation rate?

71% of first-time, full-time students graduate within six years, and 88% return for their second year.

How long does a Covenant College degree take to pay off?

For a family earning $48–75k, finishing at Covenant College costs about $102,115 after grants ($24,606 a year for 4.2 years, the average time graduates took). Former students earn a median $50,412 ten years after starting, $16,896 more than high school graduates in Georgia ($33,516), so the cost is repaid in 6.0 years of that gain, before taxes and interest (EducationGuide calculation).

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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: “Covenant College: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/covenant-college (College Scorecard and IPEDS data).