The average graduation rate of Top Colleges in Tennessee is 63.10%. Vanderbilt University has the highest graduation rate of 94% and Bethel University has the lowest graduation rate of 35%The average transfer-out rate is 20.50% and the average retention rate is 79.60% Table. Top Colleges in Tennessee Graduation Rate Comparison RankSchoolGraduation RateTransfer-out RateRetention RateStudents to Faculty Ratio 1Vanderbilt UniversityNashville, TN94%-96%8 to 1 2Lipscomb UniversityNashville, TN72%-84%13 to 1 3Belmont UniversityNashville, TN71%-87%12 to 1 4Milligan UniversityMilligan, TN63%27%82%10 to 1 5Freed-Hardeman UniversityHenderson, TN71%-86%10 to 1 6The University of Tennessee-ChattanoogaChattanooga, TN50%-73%18 to 1 7Lincoln Memorial UniversityHarrogate, TN50%-72%10 to 1 8Austin Peay State UniversityClarksville, TN40%-70%14 to 1 9Rhodes CollegeMemphis, TN85%14%92%9 to 1 10Bethel UniversityMcKenzie, TN35%-54%15 to 1-Average63.1000%20.5000%79.6000%11.9000 to 1