Carolina University

Carolina University's program mix is anchored in theology and religious studies — a signature aligned with the institution's identity as a private faith-based university. Bible/Biblical Studies is the largest program with 39 graduates annually, followed by Business Administration, Criminal Justice, and Interdisciplinary Studies.

Across 0 ranked programs serving roughly 92 students annually, several deliver strong four-year earnings outcomes. The earnings pattern reflects the institution's concentration in Theology and applied professional fields.

Bible/Biblical Studies leads with median earnings of $56,995 four years after enrollment, with 39 graduates. Bible/Biblical Studies, the largest program, generates median earnings of $56,995 four years after enrollment, anchoring the institution's economic profile through scale and consistent outcomes.

The program distribution — with Business representing 30% of degrees and Education at 4% — reflects Carolina University's positioning as a faith-centered institution with a portfolio extending into education, business, and health-related fields. Several of these programs serve grad-school-dependent pathways, particularly within theology and religious studies, where four-year earnings reflect early-career outcomes before many graduates pursue advanced theological or pastoral education.

Programs in education and business represent more direct-to-workforce pathways where graduates enter professional roles immediately. The [supply and demand for college graduates](/analysis/supply-demand-map-college-degrees/) provides context for how Carolina University's dominant program families align with regional and national labor-market trends.

Carolina University's published cost of attendance is $32,680. Net price by income band reflects the institution's need-based aid structure: low-income families pay approximately $17,738, middle-income families pay around $22,993, and higher-income families pay approximately $24,152.

Azimuth ranks Carolina University #473 for post-graduation affordability among nonprofit four-year institutions. Net prices by income band are medians within those bands; individual aid packages vary, so some families in each band pay more and some less than the figures shown.

Carolina University's aid structure is need-based, with financial aid distributed through the FAFSA and institutional processes. The difference between published cost of attendance and net price reflects the institution's commitment to meeting demonstrated need through grants and scholarships.

Families should review the [net price illusion](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) to understand how sticker price and actual out-of-pocket cost diverge. Median federal student loan debt at graduation is $20,287, and families using Parent PLUS borrow a median of $11,554; private or institutional loans may add further borrowing that falls outside these federal-only figures — see the [Parent PLUS risk framework](/analysis/ou-what-happens-when-parents-borrow-too/) for how household context shapes PLUS decisions.

For a graduate at the institution's median four-year earnings of $52,812, median federal debt of $20,287 projects to a monthly payment of about $229 under standard ten-year repayment. For personalized projections across earnings scenarios — including Parent PLUS planning — use [Azimuth's Financial GPS tool](/analysis/financial-gps-framework/).

Graduates of Carolina University earn median 4-year earnings of $52,812, placing the institution in the 12.7 percentile for median earnings four years after enrollment among nonprofit four-year institutions. Graduates earn about $13,633 less than similar students at comparable institutions, placing Carolina University in the 12.7 percentile for [earnings beyond expectations](/analysis/a-value-added-approach-to-college-outcomes/) among nonprofit four-year institutions.

Azimuth ranks Carolina University #717 for return on investment among nonprofit four-year institutions. The earnings pattern reflects Carolina University's concentration in Theology.

Bible/Biblical Studies is the largest program with 39 graduates earning median 4-year earnings of $56,995, representing 1.3x the national benchmark for the field. Business Administration and Criminal Justice follow as substantial program clusters, with Interdisciplinary Studies rounding out the core academic portfolio.

This focused program mix — anchored in Theology — drives the institution's distinctive earnings profile and long-term financial outcomes for graduates.