Hamilton College

In 2022, Hamilton College's tuition was $65,090 a year.

In 2023, tuition increased 4.9%–from $62,050 the previous year. Usually, colleges raise tuition about 3% each year.

If these numbers sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe a lot less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make the amount you do have to pay for college feel more doable until you're done with college.

Hamilton College meets 100% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Hamilton College is around $57,460 a year.

The average student debt for graduates in the class of 2023 was around $22,699 per student, not including those with no debt.

In-state vs. Out-of-state Tuition at Hamilton College

Hamilton College is a private, nonprofit institution, so it has the same tuition for residents of New York as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for students who are residents of that state.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Don't forget to check your state's guidelines for how to qualify for in-state tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria too, depending on where you live.

Explore other New York colleges

Tuition for International Students at Hamilton College

Tuition at Hamilton College is the same for all students.

International students usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or school-specific grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at Hamilton College:

•On-campus jobs •Hamilton College-specific loans •Hamilton College-specific scholarships

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Hamilton College Living 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 budgeting for college. Let's take a look at what impacts these costs, and what to expect at Hamilton College.

Room and Board Costs at Hamilton College

Room and board at Hamilton College costs $16,690 a year. This includes the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat all or some of your meals the Hamilton College's on-campus cafeterias and dining facilities.

Board costs vary based on on how many meals are included in the plan you choose.

How Much Do Books Cost at Hamilton College?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real 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 used textbooks and materials.

Annual Fees

Most schools charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be optional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have resources for students who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Transportation costs

The cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus walkable? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are not allowed to park a car on campus.

A school's location can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city is sometimes expensive, but cities may offer more trains, busses and low-cost flight options to actually get to school. Hamilton Collegeis in a rural area in New York.

Other Costs

When creating a budget for college, be sure to take into account personal expenses, like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Hamilton 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 the actual cost of attending Hamilton College.

How Much Does Hamilton College Cost?

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

2023 Total Tuition and Expenses
Tuition	$65,090
Room and Board	$16,690
Other expenses	$1,000

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

Total Estimated Costs
On-Campus	$83,430
Off-Campus	$65,740

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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Financial Aid at Hamilton College

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The majority of Hamilton College undergrads use financial aid to to cover the cost of tuition. In 2023, 1,060 of the 2,075 undergrads enrolled received financial aid. Hamilton College meets 100% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $57,460 a year. Around 45% of Hamilton College undergrads take out student loans to cover any remaining costs. Hamilton College graduates who have student loans graduate with an average of $22,699 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$15,374
Hamilton College-Specific Loans	$2,851
Private Loans	$66,782

Most Common Loans for Hamilton College Students
Federal Loans	43%
Institutional Loans	3%
Private loans	5%

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 Hamilton College financial aid, keep reading, or visit their financial aid website.

Scholarships at Hamilton 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, Hamilton College awarded 1,053 need-based scholarships to students, giving away total of $54.2 million to help students with financial need cover the cost of school. An additional $600,000 in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Hamilton College

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 Hamilton 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 Hamilton College was $57,460 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Hamilton College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$25,970
Off-Campus	$8,280

What will attending Hamilton 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 Hamilton College's net cost calculator on their website.

Hamilton College Tuition Payment Plans

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

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Hamilton College Tuition Waivers

Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

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

Hamilton 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.

Hamilton College's endowment was valued at $1.278 billion in 2023, compared to a national average of $905 million. For each full-time student, Hamilton College spends about $28,166 a year.

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Learn More About Hamilton College

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Overview

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