In 2022, Baker College's tuition was $13,050 a year.
Tuition increased 7.14% in 2022–from $12,180 the previous year. On average, colleges raise tuition about 3% each year.
If this makes attending the college of your dreams feel scary, 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. And, student loans can make theactual cost of attending college feel more doable until you're done with college.
Baker College is a private, nonprofit institution, which means it has the same tuition for residents of Michigan as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. These institutions offer a lower cost of attendance for those who qualify as Michigan residents.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Take the time to check your state's eligibility criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements as well, depending on the state you and your parents currently live in.
Explore other Michigan colleges
Tuition at Baker College is the same for all students.
Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but should research private or Baker College-specific aid and scholarships.
Tuition is not the only cost of attending college; 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 Baker College.
Housing and campus dining at Baker College is $6,600 a year. This number 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 school dining halls. Students who live off campus but would like to be able to eat in the campus dining can choose to be on a meal plan. The cost of board-only is $4,600.
Board costs can depend on the numnber of meals you intend to eat on-campus
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 what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
There may be other costs associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools offer resources for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.
The 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 own a car, or will you need to use busses, subways, or other modes of transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location 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 a city is usually expensive, but there may be more trains, busses and affordable flights to actually get to school. Baker Collegeis in a suburban setting in Michigan, not far from Detroit.
When budgeting for college, be sure 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.
Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to Baker College.
What will the cost of attending Baker College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$6,600|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|Total Estimated Costs|
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.
Baker College’s tuition and fees change based on: •Academic program for both full and part-time students •Course load for both full and part-time students •Course level for both full and part-time students
In 2022, 1,305 of the 4,662 undergrads enrolled received financial aid. Baker College meets 64% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $14,070 a year. Around 84% of Baker College undergrads take out student loans to cover any remaining costs. Baker College graduates who have student loans graduate with an average of $37,675 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Baker College Students|
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 Baker College financial aid, keep reading, or visit their financial aid website.
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 2022, Baker College awarded 1,257 need-based scholarships to students, giving away total of $18 million to help students with financial need cover the cost of school. An additional $850000 thousand in merit-based scholarship money was awarded to students without demonstrated financial need.
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 Baker 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 Baker College was $14,070 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Baker College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Baker 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 Baker College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Baker College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
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.
Check the financial aid website for more information on payment plans and tuition waivers.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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