In 2021, tuition for full-time students at Harcum College was $26,600 a year.
In 2022, tuition increased 2.31%–from $26,000 the previous year. On average, colleges raise tuition about 3% each year.
If this information makes going to college 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 way less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make thecost of college feel more doable until you're done with college.
Harcum College is a private, nonprofit institution, which means it has the same tuition for students from Pennsylvania 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 school where you are eligible for the reduced tuition offered to state residentscan save students a lot of money on the total cost of attending college. Take the time to verify your state's eligibility criteria for in-state residency. Each state has different requirements to qualify as in-state resident. 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 the state you and your parents currently reside in.
Tuition at Harcum College is the same for each student.
Students from outside of the U.S. usually do not qualify for for federal financial aid, but may be eligible for private or school-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships.
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 Harcum College.
Room and board at Harcum College costs $11,000 a year. This number covers the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat in the school dining facilities.
Meal-plan costs may vary depending on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The actual cost of books and supplies 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 books from students who have already taken the course.
The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer ways for students who may struggle to participate because of cost can find ways to lower or eliminate these costs.
The total cost of transportation in college can really vary. 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 own a car, or will you need to use public transportation? All of these questions can drastically impact your estimated cost of transportation. At Harcum College, freshman are allowed to park on campus.
A school's location can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in an urban area could be expensive, but there may be more buses, trains and affordable flights to actually get to school. The Harcum College campus is located in a suburban setting in Pennsylvania, not far from Philadelphia.
When budgeting for college, be sure to take into account the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s look at the breakdown of all expenses, to get a better estimate of how much students can expect to shell out for Harcum College.
What will the cost of attending Harcum College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$11,000|
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.
The majority of Harcum College undergrads use financial aid to finance their education. In 2022, 668 of the 1,154 undergrads enrolled received financial aid. Harcum College meets 51% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $14,656 a year. Around 91% of Harcum College undergrads take out student loans to cover any remaining costs. Harcum College graduates who have student loans graduate with an average of $17,641 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Harcum 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 Harcum 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, Harcum College awarded 601 need-based scholarships to students, giving away total of $6.1 million to help students with financial need cover the cost of school. An additional $370000 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 Harcum 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 Harcum College was $14,656 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Harcum College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Harcum 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 Harcum 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 offer tuition waivers to certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition 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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