In 2021, Hood College's tuition was $42,510 a year.
Tuition increased 1.99% in 2021–from $41,680 the prior year. On average, college tuition rises about 3%ba year.
If these numbers feel scary, remember, the "sticker price" of tuition doesn't mean much if you plan to use financial aid to help pay for college. Many students pay a lot less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make thecost of college more manageable until after graduation.
Hood College is a private, nonprofit institution, so it has the same tuition for students from Maryland as it does for students who live in 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 an insitution where you qualify for the reduced tuition offered to state residentscan drastically reduce the overall cost of college. Take the time to confirm your state's eligibility criteria 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 too, depending on where you live.
Tuition at Hood College is the same for all students.
International students are not eligible for federal financial aid, but should research private or school-specific grants, scholarships, and other funding opportunities.. International students with need may be eligible for the following types of financial support at Hood College:
International students without financial need may be eligible for merit-based institutional 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 Hood College.
Housing and campus dining at Hood College is $13,200 a year. This includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the Hood College's on-campus cafeterias and dining halls. Students who live off campus but still want to use the dining facilities can choose to be on a meal plan. The cost of a mean plan, or board-only, is $6,456.
Meal-plan 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 and supplies 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.
Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs. Full-time undergrads at Hood College pay $630 in fees every year they are enrolled.
Keep in mind, there could also be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools offer resources so that those with financial need to get help covering these fees.
The cost of getting around in college depends on a few key factors. 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 small enough that you can easily walk from class-to-class?? Do you own a car, or will you need to use public transportation? All of these factors can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located 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 is sometimes expensive, but cities may offer more trains, busses and low-cost flight options to actually get to school. Hood Collegeis located in a suburban setting in Maryland, not far from Baltimore and Washington and DC.
When budgeting for college, be sure to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
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 Hood College.
|2021 Total Tuition and Expenses|
|Room and Board||$13,200|
|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 Hood College undergrads use financial aid to help pay for school. In 2021, 910 of the 1,182 undergrads enrolled received financial aid. Hood College meets 74.7% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $35,667 a year. Around 79% of Hood College undergrads take out student loans to cover any remaining costs. Hood College graduates who have student loans graduate with an average of $37,911 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Hood College-Specific Loans||$0|
|Most Common Loans for Hood 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 Hood 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, Hood College awarded 909 need-based scholarships to students, giving away total of $26.9 million to help students with financial need cover the cost of school. An additional $6.64 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 Hood 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 Hood College was $35,667 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Hood College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Hood 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 Hood 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.
Hood College does not have guaranteed tuition.
A Prepaid Tuition Plan is not available for Hood College students.
Hood 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 offset the cost of attending. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Hood College has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
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