Faulkner University

Faulkner University is a private non-profit institution located in Montgomery, Alabama, enrolling approximately 1,549 students. The university admits a broad range of applicants — its 73.1% acceptance rate means that nearly three in four people who apply are offered admission. About 45.6% of students receive Pell Grants, an indicator that a substantial share of the student body has demonstrated financial need.

Tuition is $23,920 per year for both in-state and out-of-state students. The average annual net price — the total estimated cost of attendance, including tuition, fees, and living expenses, after grant and scholarship aid is applied — is $22,085. Because this figure reflects all costs rather than tuition alone, it can exceed published tuition for some students depending on their financial aid package and living situation.

Among students who borrow federal loans and complete a credential, the median federal student loan debt is $23,000. However, only 30.8% of borrowers are actively reducing their loan balances within three years of entering repayment — meaning roughly seven in ten borrowers are not making meaningful progress on paying down what they owe. Overall, 55.8% of all students (not just borrowers) take out federal student loans to help cover costs.

Faulkner's graduation rate is 37.4%, meaning fewer than four in ten students who enroll complete a credential within the measured timeframe. The retention rate — the share of first-year students who return for a second year — is 64.5%. Median earnings stand at $43,457 ten years after enrollment; this figure covers all federally-aided students who enrolled, including those who did not complete a degree, so it is not a measure of graduate earnings specifically.

Faulkner offers programs in a range of fields relevant to career-focused students, including accounting, human resources management, compliance, and several technology disciplines such as data science, database administration, AI and machine learning, and IT project management, among others. Adults researching specific programs should contact the university directly to confirm current availability, format, and credential type for any field of study.