Olivet College

In 2022, Olivet College's tuition was $30,032 a year.

Usually, college tuition rises about 3% year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is far less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theprice of collegefeel more doable until you've finishing school and found a job.

Olivet College meets 80% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Olivet College is around $24,271 a year.

In 2020, students graduated with an average of $31,125 in student loans for each student with debt.

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

Olivet College is a private, religious institution, which means it has the same tuition for students from Michigan as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Attending a college where you are eligible for in-state tuition can save students a lot of money on the overall cost of college. Don't forget to check your state's criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. 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 additional requirements as well, depending on where you live.

Explore other Michigan colleges

Is Olivet College's Tuition Different for International Students?

Tuition at Olivet College is the same for all students.

International students are not eligible for federal financial aid, but may be eligible for private or Olivet College-specific aid and scholarships. International students with need may qualify for the following types of financial support at Olivet College:

•On-campus jobs •Loans from outsideOlivet College •Olivet College-specific scholarships •International Students Tuition Waivers

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

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Olivet College Room, Board, Fees, and More

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In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Olivet College.

Room and Board Costs at Olivet College

Housing and campus dining at Olivet College is $10,838 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the school dining facilities.

Board costs may vary depending on the number of meals you intend to eat on-campus

How Much Do Books Cost at Olivet College?

The cost of books often surprises first-year college students. The real cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be other costs associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Many schools have ways for students who may struggle to participate because of cost can get help covering these costs.

Transportation costs

The cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation 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 public transportation? All of these factors can make a big difference in your estimated cost of transportation. At Olivet College, freshman are allowed to park on campus.

Where are a college is located can impact transportation costs. 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 an urban area might be costly, but there may be more buses, trains and affordable flights to actually get to school. Olivet Collegeis located in a town in Michigan, near Lansing and Battle Creek.

Other Costs

When you're planning for college, be sure to consider personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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The Full Cost of Attending Olivet College

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Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Olivet College.

How Much Does Olivet College Cost?

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

2023 Total Tuition and Expenses
Tuition	$30,032
Room and Board	$10,838
Other expenses	$2,766

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

Total Estimated Costs
On-Campus	$45,908
Off-Campus	$35,070

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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Olivet College Financial Aid

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The majority of Olivet College undergrads use financial aid to finance their education. In 2023, 730 of the 968 undergrads enrolled received financial aid. Olivet College meets 80% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $24,271 a year. Around 79% of Olivet College undergrads take out student loans to cover any remaining costs. Olivet College graduates who have student loans graduate with an average of $31,125 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$220
Private Loans	$12,103

Most Common Loans for Olivet College Students
Federal Loans	79%
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 Olivet College financial aid, keep reading, or visit their financial aid website.

Scholarships at Olivet 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, Olivet College awarded 708 need-based scholarships to students, giving away total of $15.4 million to help students with financial need cover the cost of school. An additional $3.18 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Olivet 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 Olivet 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 Olivet College was $24,271 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Olivet College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$21,637
Off-Campus	$10,799

What will attending Olivet 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Olivet College's net cost calculator on their website.

Olivet 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.

Does Olivet College Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges 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.

Olivet College has some full or partial tuition waivers available for: - International Students

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

Olivet 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.

Olivet College's endowment was valued at $16.8 million in 2023, compared to a national average of $905 million. For each full-time student, Olivet College spends about $5,986 a year.

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Learn More About Olivet College

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Overview

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