In 2021, tuition for full-time students at Covenant College was $35,670 a year.
Tuition was the same price in 2021 as it was the year before. On average, colleges raise tuition about 3% each year.
If this makes attending the college of your dreams feel scary, remember, the "sticker price" of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students owe a lot less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make thecost of college more manageable until you're done with college.
Covenant College is a private, religious institution, so it has the same tuition for students from Georgia as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer reduced tuition for those who qualify as Georgia residents.
Attending a school where you qualify for the reduced tuition offered to state residentscan drastically reduce the overall cost of college. Don't forget to verify your state's rules for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on where you live.
Tuition at Covenant College is the same for all students.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or Covenant College-specific aid and scholarships. International students with need may be eligible for the following types of financial support at Covenant College:
In addition to tuition, 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 Covenant College.
Room and board at Covenant College is $10,970 a year. This includes the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the Covenant College's on-campus cafeterias and dining facilities. Students who live off campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $3,808.
Board costs can depend on how many meals are included in the plan you choose.
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 used textbooks and materials.
The majority of colleges also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more. Full-time undergrads at Covenant College can expect to pay around $1,040 in fees every year they are enrolled.
Keep in mind, there could also be other costs associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have ways for students with financial need to find ways to lower or eliminate these costs.
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 walkable? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. At Covenant 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 a city can be pricey, but there may be more buses, trains and low-cost flight options to actually get to school. Covenant Collegeis in a suburban setting in Georgia.
When budgeting for college, be sure to consider the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s go over all of the costs we've covered, to get a better estimate of the actual cost of attending Covenant College.
|2021 Total Tuition and Expenses|
|Room and Board||$10,970|
|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.
The majority of Covenant College undergrads use financial aid to finance their education. In 2021, 593 of the 865 undergrads enrolled received financial aid. Covenant College meets 79% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $29,280 a year. Around 60.6% of Covenant College undergrads take out student loans to cover any remaining costs. Covenant College graduates who have student loans graduate with an average of $23,514 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Covenant College-Specific Loans||$0|
|Most Common Loans for Covenant 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 Covenant 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 2021, Covenant College awarded 589 need-based scholarships to students, giving away total of $14.8 million to help students with financial need cover the cost of school. An additional $6.05 million 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 Covenant 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 Covenant College was $29,280 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Covenant College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Covenant 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Covenant 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.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for 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 if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Check the financial aid website for more information on payment plans and tuition waivers.
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