Introduction

Furman University is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award bachelor’s, master’s, and education specialist degrees. Furman University also may offer credentials such as certificates and diplomas at approved degree levels. Questions about the accreditation of Furman University may be directed in writing to the Southern Association of Colleges and Schools Commission on Colleges, 1866 Southern Lane, Decatur GA 30033-4097, or by calling (404) 679-4500, or by using information available on SACSCOC’s website www.sacscoc.org.

Furman University identifies, evaluates and publishes goals and outcomes for student achievement in support of its mission as a liberal arts and sciences university.

The university uses several data points to assess student success, including retention and graduation rates disaggregated by student demographic categories. These measures are contextualized below by comparing Furman’s rates to averages of selected peer institutions. The data comes from the U.S. Department of Education’s Integrated Postsecondary Education Data System (IPEDS).

Students judge their own individual success by their post-graduation plans and whether they have reached their educational goals. However, it is common to publish measures of aggregate student success in achieving educational milestones culminating with graduation. These calculations benefit from reliable data that is gathered annually by IPEDS and made available to the public. The sections below describe how Furman tracks and compares persistence in college to graduation and disaggregates these success rates to different types of students. The university’s strategy to improve student success is outlined below, including near-term goals for certain metrics.

First-Year Persistence Rates

First-year persistence is the likelihood that a first-time college student returns to Furman for a second year, which is an indication of how well Furman’s admissions, financial aid, student life and academic programming match a student’s characteristics and expectations. This first-year persistence rate is commonly used in higher education as a benchmark of student success, and it serves as an early indicator of graduation rates. These rates are associated with the starting year of a cohort of students.

Table 1. Rates at which students continue from first to second year of college, by year of calculation, so that the 2017 entry is the retention rate for the 2016 entering cohort. 

2017 2018 2019 2020 2021 2022 2023
Furman
2017
93%
2018
88%
2019
89%
2020
81%
2021
91%
2022
88%
2023
91%
Peer Avg.
2017
92%
2018
91%
2019
91%
2020
86%
2021
90%
2022
90%
2023

To illustrate the table’s use, 93% of the student cohort that began in fall of 2016 returned to campus in fall of 2017 (leftmost figure) for their second year of college. The average rate for the peer group was 92% (The list of peer institutions appears at the bottom of this page). The university produces detailed internal reports that use statistical modeling to understand these rates for different kinds of students. Furman’s goal is to reach 94% persistence rate from first to second year in college.

 

Four-Year Graduation Rates

The goal for most Furman undergraduates is to graduate within four years. Commensurate with Furman’s mission

 

Tables 2 and 3. Four-year graduation rates for classes graduating in the given years by gender and race/ethnicity categories with goals highlighted. Results for 2020 and later have some covid-induced effects, which won’t be fully expunged until 2027.

Group 2017 2018 2019 2020 2021 2022 2023
Furman
Group
Men
2017
64%
2018
70%
2019
71%
2020
71%
2021
71%
2022
71%
2023
66%
Peer Avg.
Group
2017
77%
2018
77%
2019
77%
2020
77%
2021
76%
2022
75%
2023
Furman
Group
Women
2017
80%
2018
78%
2019
82%
2020
78%
2021
82%
2022
82%
2023
80%
Peer Avg.
Group
2017
84%
2018
83%
2019
83%
2020
83%
2021
82%
2022
83%
2023
Group 2017 2018 2019 2020 2021 2022 2023
Furman
Group
American Indian or Alaska Native
2017
100%
2018
100%
2019
2020
2021
100%
2022
75%
2023
100%
Peer Avg.
Group
2017
30%
2018
78%
2019
71%
2020
33%
2021
80%
2022
60%
2023
Furman
Group
Asian
2017
73%
2018
72%
2019
60%
2020
81%
2021
85%
2022
71%
2023
63%
Peer Avg.
Group
2017
81%
2018
83%
2019
80%
2020
80%
2021
77%
2022
79%
2023
Furman
Group
Black or African American
2017
50%
2018
50%
2019
71%
2020
62%
2021
78%
2022
74%
2023
55%
Peer Avg.
Group
2017
74%
2018
76%
2019
79%
2020
81%
2021
78%
2022
73%
2023
Furman
Group
Hispanic or Latino
2017
68%
2018
75%
2019
76%
2020
59%
2021
87%
2022
71%
2023
63%
Peer Avg.
Group
2017
77%
2018
79%
2019
80%
2020
77%
2021
76%
2022
78%
2023
Furman
Group
Native Hawaiian or Other Pacific Islander
2017
2018
2019
2020
2021
2022
2023
Peer Avg.
Group
2017
100%
2018
60%
2019
100%
2020
80%
2021
100%
2022
75%
2023
Furman
Group
White
2017
76%
2018
78%
2019
79%
2020
77%
2021
77%
2022
80%
2023
79%
Peer Avg.
Group
2017
82%
2018
82%
2019
82%
2020
82%
2021
81%
2022
82%
2023
Furman
Group
Two or more races
2017
61%
2018
67%
2019
70%
2020
88%
2021
85%
2022
55%
2023
78%
Peer Avg.
Group
2017
77%
2018
76%
2019
73%
2020
79%
2021
77%
2022
74%
2023
Furman
Group
Race/ethnicity unknown
2017
57%
2018
35%
2019
78%
2020
75%
2021
72%
2022
54%
2023
67%
Peer Avg.
Group
2017
79%
2018
79%
2019
84%
2020
75%
2021
76%
2022
85%
2023
Furman
Group
U.S. Nonresident
2017
65%
2018
85%
2019
74%
2020
61%
2021
75%
2022
50%
2023
56%
Peer Avg.
Group
2017
79%
2018
77%
2019
75%
2020
77%
2021
79%
2022
76%
2023

The peer comparison data is limited by the IPEDS data release schedule. In particular, the four-year graduation rates are not released until six years after the cohort starts.

Six-Year Graduation Rates

While most students who graduate Furman do so within four years, a few take an additional year or two. Furman’s goal for six-year graduation rates is 83% regardless of federal Pell grant eligibility.

Table 4. Six-year graduation rates for classes graduating in the given years by Pell-eligibility status. Results for 2020 and later have some Covid-induced effects, which won’t be fully expunged until 2025.

Group 2017 2018 2019 2020 2021 2022 2023
Furman
Group
Non-Pell
2017
82%
2018
82%
2019
83%
2020
82%
2021
82%
2022
87%
2023
83%
Peer Avg.
Group
2017
87%
2018
86%
2019
86%
2020
86%
2021
84%
2022
85%
2023
Furman
Group
Pell
2017
73%
2018
72%
2019
78%
2020
77%
2021
79%
2022
82%
2023
74%
Peer Avg.
Group
2017
83%
2018
86%
2019
86%
2020
86%
2021
86%
2022
83%
2023

Furman’s Goals for Student Success

The goal of Furman’s strategic plan is to increase first-year persistence rates to 94% and to achieve overall four-year graduation rates of 81% and six-year graduation rates of 83% for all four demographic groups shown in the tables. This means slightly improving rates for non-Pell receiving students and majority students, and lifting rates somewhat for Pell-receiving and minority students.

The strategy to increase success rates is to adjust academic and student-service programming using data science to identify needs and the adoption of methods shown to be successful at other institutions. For example, a college success program called Pathways was developed and tested at Furman, and is now a part of the curriculum for all incoming students. The goals of the Pathways program include academic success and career preparation.

For more information on the numbers in this report, contact Furman’s Office of Assessment and Institutional .

 

 

 

 

Peer Institutions

Furman selected as peer institutions other liberal arts and sciences colleges and universities with similar characteristics: Bucknell University, Denison University, DePauw University, Franklin & Marshall College, Lafayette College, Mount Holyoke College, Oberlin College and Conservatory, Occidental College, Skidmore College, Thomas Aquinas College, Trinity College, Union College and Whitman College. This group is listed near Furman in US News rankings of best national liberal arts colleges, and each has a Carnegie Classification similar to Furman’s as a primarily baccalaureate institution with an arts and science (liberal arts) emphasis.