Guilford College

In 2022, Guilford College's tuition was $40,400 a year.

Tuition was the same price in 2023 compare to the year before. Usually, college tuition goes up about 3% every year.

Remember, the advertized cost of tuition does not tell the full story. Many students find the actual cost of college is far less than the sticker price after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theactual cost of attending college feel more doable until you've finishing school and found a job.

Guilford College meets 66% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Guilford College is around $36,199 a year.

The average student debt for graduates in the class of 2023 was around $42,481 per student, not including those with no debt.

Guilford College: In-state vs. Out-of-State Tuition

Guilford College is a private, religious institution, so it has the same tuition for residents of North Carolina as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for those who qualify as North Carolina residents.

Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Don't forget to check your state's guidelines for how to qualify for as an in-state resident. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on where you live.

Explore other North Carolina colleges

Tuition for International Students at Guilford College

Guilford College has the same tuition for international students as for those from out of state.

International students are not eligible for federal financial aid, but should research private or Guilford College-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Guilford College:

•Guilford College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

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Guilford College Housing Expenses, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Guilford College.

House and Food Costs at Guilford College

Room and board at Guilford College is $13,100 a year. This includes the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the school dining facilities.

Board costs can depend on the number of meals you intend to eat on-campus

Cost of Books at Guilford College

The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be optional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Most colleges offer resources for students with demonstrated need to get help covering these fees.

Planes, Trains, and Automobiles: Transportation costs at Guilford College

The total cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city could be pricey, but cities may offer more buses, trains or affordable flights to actually get to school. Guilford Collegeis in a suburb in North Carolina, near Raleigh-Durham.

Other Costs

When estimating your budget for college, don’t forget to factor in the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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The Full Cost of Attending Guilford College

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of how much students can expect to shell out for Guilford College.

How Much Does Guilford College Cost?

What will the cost of attending Guilford College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$40,400
Room and Board	$13,100

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$53,500
Off-Campus	$40,400

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Guilford College Financial Aid

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The majority of Guilford College undergrads use financial aid to help pay for school. In 2023, 789 of the 1,208 undergrads enrolled received financial aid. Guilford College meets 66% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $36,199 a year. Around 61% of Guilford College undergrads take out student loans to cover any remaining costs. Guilford College graduates who have student loans graduate with an average of $42,481 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$34,202
Private Loans	$39,795

Most Common Loans for Guilford College Students
Federal Loans	61%
Private loans	13%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Guilford College financial aid, keep reading, or visit their financial aid website.

Scholarships at Guilford College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Guilford College awarded 736 need-based scholarships to students, giving away total of $23.7 million to help students with financial need cover the cost of school. An additional $3.73 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Guilford College Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Guilford College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Guilford College was $36,199 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Guilford College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$17,301
Off-Campus	$4,201

What will attending Guilford College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Guilford College's net cost calculator on their website.

Guilford College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Guilford College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Guilford College Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Guilford College has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Guilford College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of Guilford College's endowment was $91.8 million. The average college endowment was $905 million in 2021. The school spends $9,016 for each full-time student enrolled.

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Learn More About Guilford College

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