Salem College

Salem College is a less selective private nonprofit college in Winston-Salem, North Carolina. It admits most applicants, graduates 57% of its students within six years, and its former students earn a median $44,640 ten years after starting college, more than 37% of the North Carolina colleges we cover.

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Acceptance rate
77%

More selective than 40% of North Carolina colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$18,277 /yr

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

Sticker price $48,532. College Scorecard.

Graduation rate
57%

Higher than 64% of North Carolina colleges we cover and 58% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$44,640

Higher than 37% of North Carolina colleges we cover and 25% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

Salem College acceptance rate & admissions

Of 1,951 applicants, Salem College admitted 1,698 and 156 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1066–1243 on the SAT or 16–22 on the ACT.

1,951
Applied
1,698
Admitted
156
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years1066–1243
ACT composite, middle 50% of first-years16–22
First-years who sent SAT scores5%
First-year students who return68%
Pell Grant recipients55%
First-generation students33%
Women / men100% / 0%

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

Salem 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$33,848
Housing & meals, on campus$13,056
Books & supplies$1,336
Total cost of attendance$48,532

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$19,500
Loan default rate4.4%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

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

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

Graduates of Salem College took 4.1 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$19,074$78,2037.0 years
$30–48k$16,001$65,6045.9 years
$48–75k$16,147$66,2036.0 years
$75–110k$19,940$81,7547.3 years
$110k+$24,027$98,5118.9 years

Cost to finish = yearly price × 4.1 years, the average time graduates took (51% 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 ($44,640) minus $33,516 for high school graduates ages 25-34 in NC (Census ACS 2020-2024), a gain of $11,124 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 North Carolina for your income →

Salem College majors, earnings & careers

Salem College offers 33 bachelor's majors across 8 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Humanities & Languages · 7
  • Arts & Design · 6
  • Science & Math · 6
  • Business & Finance · 4
  • Health & Medicine · 4
  • Social Sciences & Public Service · 4
  • Communications & Media · 1
  • Education · 1

Highest-earning majors at Salem College

MajorEarnings, 4 yrsMedian debt
Business Administration$68,431$27,000
Psychology$49,464$27,000
Education$47,488$26,407
Criminal Justice$45,560—
Quick list of all 33 majors
  • Accounting—
  • Arts and Entertainment Management—
  • Biochemistry—
  • Biological and Physical Sciences—
  • Biology—
  • Business Administration$68,431
  • Chemistry—
  • Communications—
  • Criminal Justice$45,560
  • Dance—
  • Economics—
  • Education$47,488
  • English—
  • Environmental Science / Conservation—
  • Ethnic / Gender Studies—
  • Graphic / Interior / Fashion Design—
  • Health Professions Education, Ethics, and Humanities—
  • Health Sciences—
  • History—
  • International Business—
  • Kinesiology / Exercise Science—
  • Liberal Arts / General Studies—
  • Mathematics—
  • Music—
  • Political Science—
  • Pre-Med / Pre-Health—
  • Psychology$49,464
  • Religious Studies—
  • Sociology—
  • Spanish / French / Romance Languages—
  • Studio Art—
  • Visual and Performing Arts—
  • 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 →

Business Administration → Management analyst

$82,050
Winston
$98,560
North Carolina
$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

Criminal Justice → Police officer

$57,440
Winston
$59,300
North Carolina
$76,210
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 3.5% 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)519
First-year students from North Carolina78%
Next most common home statesIllinois, Florida, Ohio
AthleticsNCAA Division III without football · 6 sports
Undergraduate degrees awarded, 2023-24100% bachelor's
Campus typeHighly residential
Student bodyWhite 49% · Hispanic 20% · Black 19% · American Indian/Alaska Native 4%International 4%

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 Salem College 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
Salem College77%$18,27757%$44,640This school
Southeastern Baptist Theological Seminary75%$13,09058%—
Gardner-Webb University77%$17,67455%$48,039
Lees-McRae College77%$28,34042%$43,415
Catawba College75%$17,87947%$48,793

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

Why the price is different

Salem College would cost you $5,187 more per year than Southeastern Baptist Theological Seminary, on average.

  • Higher sticker price at Salem College, mostly from higher tuition & fees (+$22,530).
  • Salem College gives aided families $20,713 more in grants, on average.
Per year, North Carolina residentSalem CollegeSEBTSDifference
Tuition & fees$33,848$11,318+$22,530
Books & supplies$1,336$800+$536
Housing & meals$13,056$7,469+$5,587
Personal & travel$5,740$3,717+$2,023
Living-at-home adjustment−$5,448−$672−$4,776
Sticker price$48,532$22,632+$25,900
Average grants−$30,255−$9,542−$20,713
You pay$18,277$13,090+$5,187

“+” means Salem 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 Salem College

What is the Salem College acceptance rate?

Salem College accepts 77% of applicants (College Scorecard). In the latest IPEDS admissions year, 1,698 of 1,951 applicants were admitted. The middle half of enrolled first-year students scored 1066–1243 on the SAT or 16–22 on the ACT.

How much does Salem College cost per year?

The sticker price (cost of attendance) is $48,532 a year. After grants and scholarships, students receiving federal aid pay $18,277 a year on average; families earning $0–30k pay $19,074 and families earning $110k+ pay $24,027.

How much do Salem College graduates earn?

Former Salem College students earn a median $44,640 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the Salem College graduation rate?

57% of first-time, full-time students graduate within six years, and 68% return for their second year.

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

For a family earning $48–75k, finishing at Salem College costs about $66,203 after grants ($16,147 a year for 4.1 years, the average time graduates took). Former students earn a median $44,640 ten years after starting, $11,124 more than high school graduates in North Carolina ($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: “Salem College: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/salem-college (College Scorecard and IPEDS data).