Centre College

In 2022, Centre's tuition was $48,070 a year.

In 2023, tuition increased 4.5%–from $46,000 the previous year. Usually, college tuition rises about 3% year.

Remember, the advertized cost of tuition does not always tell the full story. Many students owe far 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 out of pocket more manageable until you've finishing school and found a job.

Centre College meets 89% of the demonstrated financial need for undergraduates. First-year students that attend Centre College full-time are awarded $43,274 a year in financial aid, on average.

Graduates in the class of 2023 had an average of $23,306 in student loans per borrower.

Does Centre College Offer In-State and Out-of-State Tuition?

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

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Take the time to check your state's criteria for as an in-state resident. 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 additional requirements as well, depending on where you live.

Explore other KY colleges

Tuition for International Students at Centre College

Tuition at Centre College is the same for every student.

International students usually do not qualify for for federal financial aid, but may qualify for private or school-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Centre College:

•On-campus jobs •Centre College-specific scholarships

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

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Centre College Housing Expenses, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Centre College.

Room and Board Costs at Centre College

Housing and campus dining at Centre College costs $12,300 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 in the school dining halls.

Meal-plan costs may vary depending on how many meals are included in the plan you choose.

Cost of Books at Centre College

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books 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

Most schools charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

There may be other costs associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have resources for students with demonstrated need to find ways to lower or eliminate these fees.

The Cost of Transportation at Centre College

The total 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 small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning 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.

The location of a college or university can also have a big effect on 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 is usually costly, but there may be more trains, busses or low-cost flight options to actually get to school. Centre Collegeis located in a town in KY.

Other Costs

When estimating your budget for college, don’t forget to factor in personal expenses, like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending Centre College

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Now, let’s look at the breakdown of all expenses, to get a better idea of the actual cost of attending Centre College.

Total Cost of Centre College

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

2023 Total Tuition and Expenses
Tuition	$48,070
Room and Board	$12,300

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

Total Estimated Costs
On-Campus	$60,370
Off-Campus	$48,070

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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Centre College Financial Aid

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The majority of Centre College undergrads use financial aid to help pay for school. In 2023, 798 of the 1,411 undergrads enrolled received financial aid. Centre College meets 89% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $43,274 a year. Around 50% of Centre College undergrads take out student loans to cover any remaining costs. Centre College graduates who have student loans graduate with an average of $23,306 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$23,241
Centre College-Specific Loans	$13,378
Private Loans	$44,245

Most Common Loans for Centre College Students
Federal Loans	49%
Institutional Loans	1%
Private loans	10%

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

Scholarships at Centre 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, Centre College awarded 797 need-based scholarships to students, giving away total of $30.6 million to help students with financial need cover the cost of school. An additional $15.62 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Centre 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 Centre 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 Centre College was $43,274 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Centre College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$17,096
Off-Campus	$4,796

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

Centre 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.

Centre Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some schools offer tuition waivers for employees and their family members, 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.

Centre 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 Centre College's endowment was $269.4 million. The average college endowment was $905 million in 2021. The school spends $14,216 for each full-time student enrolled.

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Learn More About Centre College

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

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