Spalding University

Spalding University is a less selective private nonprofit university in Louisville, Kentucky. It admits most applicants, graduates 52% of its students within six years, and its former students earn a median $49,438 ten years after starting college, more than 69% of the Kentucky colleges we cover.

Show numbers for my family

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

Acceptance rate
99%

More selective than 4% of Kentucky colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$25,491 /yr

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

Sticker price $45,530. College Scorecard.

Graduation rate
52%

Higher than 57% of Kentucky colleges we cover and 45% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$49,438

Higher than 69% of Kentucky colleges we cover and 39% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

Spalding University acceptance rate & admissions

Of 807 applicants, Spalding University admitted 796 and 117 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 875–1038 on the SAT or 15–22 on the ACT.

807
Applied
796
Admitted
117
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years875–1038
ACT composite, middle 50% of first-years15–22
First-years who sent SAT scores15%
First-year students who return64%
Pell Grant recipients36%
First-generation students35%
Women / men61% / 39%

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

Spalding 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$29,200
Housing & meals, on campus$8,480
Books & supplies$1,100
Total cost of attendance$45,530

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$20,500
Loan default rate4.0%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

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

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

Graduates of Spalding University 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 Kentucky. The figures follow your residency and income choices above.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$20,509$86,7535.4 years
$30–48k$22,475$95,0696.0 years
$48–75k$24,378$103,1196.5 years
$75–110k$28,122$118,9567.5 years
$110k+$29,278$123,8467.8 years

Cost to finish = yearly price × 4.2 years, the average time graduates took (46% 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 ($49,438) minus $33,516 for high school graduates ages 25-34 in KY (Census ACS 2020-2024), a gain of $15,922 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 Kentucky for your income →

Spalding University majors, earnings & careers

Spalding University offers 17 bachelor's majors across 8 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Social Sciences & Public Service · 4
  • Education · 3
  • Humanities & Languages · 3
  • Business & Finance · 2
  • Health & Medicine · 2
  • Arts & Design · 1
  • Communications & Media · 1
  • Science & Math · 1

Highest-earning majors at Spalding University

MajorEarnings, 4 yrsMedian debt
Nursing$77,983$30,750
Accounting$65,288$31,000
Business$63,325$31,000
Health Sciences$59,761$27,675
Psychology$41,460$31,750
Studio Art$36,416$27,000
Quick list of all 17 majors
  • Accounting$65,288
  • Biological and Physical Sciences—
  • Business$63,325
  • Communications—
  • Criminal Justice—
  • Education—
  • Education (Elementary / Secondary)—
  • Health Sciences$59,761
  • Interdisciplinary Studies—
  • Liberal Arts / General Studies—
  • Nursing$77,983
  • Psychology$41,460
  • Social Sciences—
  • Social Work—
  • Special Education—
  • Studio Art$36,416
  • 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 →

Nursing → Registered nurse

$84,850
Louisville/Jefferson County
$81,040
Kentucky
$97,550
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 5.6% from 2025 to 2035.

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

Business → Management analyst

$91,560
Louisville/Jefferson County
$95,630
Kentucky
$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 Louisville/Jefferson County

Cost of living
7% below the U.S. average

Overall prices in the Louisville/Jefferson County, KY-IN area.

BEA Regional Price Parities, 2024

Off-campus rent, 1 bedroom
$1,058/mo

2 bedrooms $1,276. Housing costs 21% below the U.S. average.

HUD Fair Market Rent, FY2027

Weather
43° / 89°

January and July average highs. 48 inches of rain a year, 4 inches of snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Relatively High

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

FEMA National Risk Index, Jefferson County

Campus & students

Total enrollment (incl. graduate)1,555
First-year students from Kentucky72%
Next most common home statesIndiana, Florida, Tennessee
AthleticsNCAA Division III without football · 9 sports
Undergraduate degrees awarded, 2023-2499% bachelor's · 1% associate
Campus typePrimarily residential
Student bodyWhite 60% · Black 24% · Hispanic 8% · Two or more 3%International 1%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Jefferson County at a glance

Population783,022
Median household income$69,866
Adults with a bachelor's degree37%
Median age38

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

Compare Spalding University with similar schools

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

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Spalding University99%$25,49152%$49,438This school
Georgetown College91%$14,09549%$52,074
Midway University95%$29,57941%$44,246
Thomas More University90%$21,83541%$59,384
Simmons College of Kentucky100%$18,43414%—

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

Why the price is different

Spalding University would cost you $11,396 more per year than Georgetown College, on average.

  • Lower sticker price at Spalding University, mostly from lower tuition & fees (−$13,640).
  • Georgetown College gives aided families $22,752 more in grants, on average.
Per year, Kentucky residentSpalding UniversityGeorgetown CollegeDifference
Tuition & fees$29,200$42,840−$13,640
Books & supplies$1,100$1,250−$150
Housing & meals$8,480$11,385−$2,905
Personal & travel$7,914$2,456+$5,458
Living-at-home adjustment−$1,164−$1,045−$119
Sticker price$45,530$56,886−$11,356
Average grants−$20,039−$42,791+$22,752
You pay$25,491$14,095+$11,396

“+” means Spalding 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 Spalding University

What is the Spalding University acceptance rate?

Spalding University accepts 99% of applicants (College Scorecard). In the latest IPEDS admissions year, 796 of 807 applicants were admitted. The middle half of enrolled first-year students scored 875–1038 on the SAT or 15–22 on the ACT.

How much does Spalding University cost per year?

The sticker price (cost of attendance) is $45,530 a year. After grants and scholarships, students receiving federal aid pay $25,491 a year on average; families earning $0–30k pay $20,509 and families earning $110k+ pay $29,278.

How much do Spalding University graduates earn?

Former Spalding University students earn a median $49,438 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the Spalding University graduation rate?

52% of first-time, full-time students graduate within six years, and 64% return for their second year.

How long does a Spalding University degree take to pay off?

For a family earning $48–75k, finishing at Spalding University costs about $103,119 after grants ($24,378 a year for 4.2 years, the average time graduates took). Former students earn a median $49,438 ten years after starting, $15,922 more than high school graduates in Kentucky ($33,516), so the cost is repaid in 6.5 years of that gain, before taxes and interest (EducationGuide calculation).

Is Spalding University the right fit for your family?

Get a free report comparing Spalding University with up to 4 other schools on what you'd actually pay, what graduates in your major earn, and how each fits your priorities.

Build my free reportCheck my chances of getting in

We never share your contact information.

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: “Spalding University: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/spalding-university (College Scorecard and IPEDS data).