40 Best Student Retention Rate Colleges for 2024

Tyson Schritter / Colleges of Distinction

Published: November 13, 2023

By: Colleges of Distinction Staff

Jump to:  25 Best Student Retention Rate Schools | 15 Best Retention Rate Colleges of Distinction

As you take on the exciting yet daunting journey of selecting a college, there’s a lot to look for. From campus amenities to academic programs, making the best decision is more complex and multifaceted than statistics and rankings can accurately convey. However, some stats can help identify strengths or weaknesses in a college. One crucial metric that often flies under the radar but deserves careful consideration is the student retention rate. Understanding this statistic can be helpful when determining whether a school will offer the support you need to have a successful college experience. 

What is retention rate?

So, what exactly is a student retention rate? In essence, it is a representation of the percentage of students who continue their studies at a particular institution after their initial enrollment. Or, it’s the share of students who stay enrolled after their freshman year. This metric offers a glimpse into the university’s ability to engage and support its students throughout their academic journey.

Why is retention rate important?

A high retention rate serves as a testament to a college’s commitment to fostering a supportive learning environment. It reflects positively on the institution’s ability to provide resources, mentorship, and a sense of community that encourages students to persist and thrive. On the flip side, a low retention rate may raise red flags, indicating potential issues such as inadequate academic support, social challenges, or insufficient resources. If a school on your list has a low retention rate, don’t fret! It’s not a tell-tale sign that the school is of a lower quality. Oftentimes, the data that is available to the public is a few years old, and schools are constantly looking for ways to improve their retention.


The 25 Best Student Retention Rate Schools

1. The University of Chicago

Chicago, IL

Retention rate: 99%

The University of Chicago, founded in 1890, is celebrated for its commitment to intellectual rigor and inquiry. Located in the vibrant city of Chicago, it has a strong tradition of fostering critical thinking and academic excellence across a wide range of disciplines, making it a prominent institution in higher education.

Acceptance Rate 6%Net Price $33,727SAT Range 1510-1580

Other schools in the area with great retention rates:

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Retention
Rate
LocationAcceptance
Rate
Net
Price
SAT
Range
University of Wisconsin-MadisonProfile>95%Madison, WI60%$13,4841320-1500
University of Illinois Urbana-ChampaignProfile>93%Champaign, IL60%$14,2721320-1510

2. Northwestern University

Evanston, IL

Retention rate: 99%

Founded in 1851 to cater to the historic Northwest Territory, Northwestern University is a distinguished private research institution located in Evanston, Illinois, United States. Boasting the status of being the oldest chartered university in Illinois, Northwestern’s primary campus is strategically situated along the picturesque shores of Lake Michigan within the Chicago metropolitan area.

Acceptance Rate 7%Net Price $29,999SAT Range 1470-1570
Northwestern University campus

Other schools in the area with great retention rates:

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Retention
Rate
LocationAcceptance
Rate
Net
Price
SAT
Range
Saint Xavier UniversityProfile>78%Chicago, IL85%$13,419Test Optional
Olivet Nazarene UniversityProfile>78%Bourbonnais, IL61%$20,431970-1200

3. Columbia University

New York, NY

Retention rate: 99%

Columbia University, located in Morningside Heights, New York City, is a prestigious Ivy League institution founded in 1754. As one of the oldest universities in the United States, Columbia has earned a distinguished reputation for academic excellence and research across various disciplines. With a diverse student body and a commitment to fostering intellectual curiosity, the university provides a rigorous and dynamic learning environment within the vibrant backdrop of New York City.

Acceptance Rate 4%Net Price $12,411SAT Range 1470-1570
Columbia University main campus

Other schools in the area with great retention rates:

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Retention
Rate
LocationAcceptance
Rate
Net
Price
SAT
Range
Hobart William Smith CollegesProfile>91%Geneva, NY67%$34,2391170-1370
St. John Fisher UniversityProfile>87%Rochester, NY71%$27,3251110-1270
Molloy CollegeProfile>83%Rockville Centre, NY79%$25,5401110-1320

4. Massachusetts Institute of Technology

Cambridge, MA

Retention rate: 99%

The Massachusetts Institute of Technology (MIT) is a world-renowned research university located in Cambridge, Massachusetts. Established in 1861, MIT has consistently been at the forefront of technological and scientific advancements. Known for its rigorous academic programs and emphasis on cutting-edge research, MIT attracts top-tier faculty and students from around the globe, contributing significantly to advancements in engineering, science, and technology.

Acceptance Rate 4%Net Price $30,958SAT Range 1530-1580
Massachusetts Institute of Technology main campus

Other schools in the area with great retention rates:

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Retention
Rate
LocationAcceptance
Rate
Net
Price
SAT
Range
Stonehill CollegeProfile>89%Easton, MA72%$31,467Test free
Assumption UniversityProfile>82%Worcester, MA86%$26,513Test optional
Suffolk UniversityProfile>78%Boston, MA88%$32,3931080-1280
Western New England UniversityProfile>77%Springfield, MA90%$30,4031128-1280

5. California Institute of Technology

Pasadena, CA

Retention rate: 99%

The California Institute of Technology (Caltech) is a prestigious private research university located in Pasadena, California. Established in 1891, Caltech has earned a distinguished reputation for its commitment to science and technology. With a small yet highly accomplished student body and faculty, the institute is renowned for its rigorous academic programs and influential contributions to fields such as physics, chemistry, and engineering.

Acceptance Rate 4%Net Price $30,162Test free

Other schools in the area with great retention rates:

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Retention
Rate
LocationAcceptance
Rate
Net
Price
SAT
Range
University of California-Santa CruzProfile>89%Santa Cruz, CA59%$19,615Test free
California State University-FullertonProfile>87%Fullerton, CA59%$4,939Test free
University of RedlandsProfile>81%Redlands, CA83%$21,5781110-1280

The Rest of the Top 15 Retention Rate Colleges

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Retention
Rate
LocationAcceptance
Rate
Net PriceSAT Range
6.University of Notre Dame98%Notre Dame, IN15%$30,5131410-1550
7.Georgetown University98%Washington, DC12%$23,0491410-1550
8.Claremont McKenna CollegeProfile>98%Claremont, CA11%$21,6631420-1530
9.Harvey Mudd College98%Claremont, CA10%$33,8381480-1560
10.Amherst College98%Amherst, MA9%$18,8091370-1550
11.Dartmouth College98%Hanover, NH6%$24,0781440-1560
12.Duke University98%Durham, NC6%$27,2971468-1558
13.University of Pennsylvania98%Philadelphia, PA6%$14,5781480-1570
14.Brown University98%Providence, RI6%$25,0281460-1570
15.Yale University98%New Haven, CT5%$20,6051480-1580

15 Best Retention Rate Colleges of Distinction

The hyper-elite colleges in the top 15 above are not the only way to get a great college education. We have picked another 15 amazing schools that have strong retention rates and also pass through our Four Distinctions guidelines. Take a look for yourself and see if there is one or two worth adding to your shortlist!

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Retention
Rate
LocationAcceptance
Rate
Net
Price
SAT
Range
Cornerstone UniversityProfile>97%Grand Rapids, MI91%$20,780970-1220
Bryant UniversityProfile>90%Smithfield, RI74%$40,3101120-1300
Westminster CollegeProfile>89%New Wilmington, PA82%$20,2581040-1258
University of Puget SoundProfile>88%Tacoma, WA88%$28,2211150-1370
The Catholic University of AmericaProfile>88%Washington, DC86%$35,520Test optional
Quinnipiac UniversityProfile>87%Hamden, CT88%$38,244Test optional
Ramapo College of New JerseyProfile>87%Mahwah, NJ70%$12,2511100-1280
Sacred Heart UniversityProfile>86%Fairfield, CT66%$43,907Test optional
Aquinas CollegeProfile>85%Grand Rapids, MI89%$19,4471000-1170
San Francisco State UniversityProfile>85%San Francisco, CA93%$13,641Test optional
Towson UniversityProfile>85%Towson, MD88%$11,0761040-1220
Widener UniversityProfile>85%Chester, PA85%$25,3431080-1275
Ursinus CollegeProfile>85%Collegeville, PA83%$31,4381200-1360
Seattle UniversityProfile>85%Seattle, WA82%$36,6711120-1330
St. Mary’s College of MarylandProfile>85%St. Mary’s City, MD77%$20,2131135-1340
Messiah UniversityProfile>85%Mechanicsburg, PA77%$23,8951100-1340

Using Retention Rate As a Tool

While factors like campus aesthetics and program offerings are undeniably important in the college search process, prospective students should consider the significance of the student retention rate. It serves as a compass, guiding families toward institutions that prioritize student success, foster a supportive environment, and provide the resources necessary for a transformative college experience. By delving into this often-overlooked statistic, you can make more informed decisions, ensuring that the college journey is not only about enrollment but about thriving and succeeding in the years to come.

All data from the National Center for Educational Statistics