Reed College

In 2022, tuition for full-time students at Reed College was $66,710 a year.

Tuition increased 3.51% in 2023–from $64,450 the previous year. On average, colleges raise tuition about 3% each year.

If these numbers feel scary, remember, the advertized cost of tuition does not tell the full story. Many students owe a lot less than the sticker price after grants, scholarships, and tuition discounts are awarded. And, student loans can make theactual cost of attending college more manageable until after graduation.

Reed College meets 100% of the demonstrated financial need for undergraduates. First-year students that attend Reed College full-time are awarded $50,677 a year in financial aid, on average.

Students in the class of 2023 who had taken out student loans graduated with an average of $22,941 of debt.

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

Reed College is a private, nonprofit institution, so it has the same tuition for students from Oregon as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for those who qualify as Oregon residents.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Be sure to check your state's rules 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 too, depending on the state you and your parents currently live in.

Explore other Oregon colleges

Reed College International Student Tuition

Reed College has the same tuition for international students as for those from out of state.

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 Reed College:

•On-campus jobs •Reed College-specific loans •Reed College-specific scholarships

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Reed College Housing Expenses, Fees, and More

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Tuition is not the only cost of attending college; 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 Reed College.

Room and Board Costs at Reed College

Room and board at Reed College costs $16,820 a year. This number includes the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat all or some of your meals the Reed College's on-campus cafeterias and dining facilities.

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

How Much Do Books Cost at Reed College?

The cost of books often surprises first-year college students. The real cost of books 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 used textbooks and materials.

Annual Fees

The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be other costs associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Most colleges offer ways for students who may struggle to participate because of cost can get help covering these costs.

Planes, Trains, and Automobiles: Transportation costs at Reed College

The total cost of getting around 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 small enough that you can easily walk from class-to-class?? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your transportation budget. At Reed College, freshman are allowed to park on campus.

Where are a college is located can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city can be pricey, but there may be more trains, busses or affordable flights to actually get to school. Reed Collegeis in a city in Oregon, near Portland.

Other Costs

When creating a budget for college, don’t forget to take into account the cost of things like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Reed College

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Now, let’s look at the breakdown of all expenses, to get a better estimate of what is really costs to go to Reed College.

Total Cost of Reed College

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

2023 Total Tuition and Expenses
Tuition	$66,710
Room and Board	$16,820

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

Total Estimated Costs
On-Campus	$83,840
Off-Campus	$67,020

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.

Reed College’s tuition and fees change based on: •Course load for part-time students

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Reed College Financial Aid

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The majority of Reed College undergrads use financial aid to help pay for school. In 2023, 812 of the 1,523 undergrads enrolled received financial aid. Reed College meets 100% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $50,677 a year. Around 52% of Reed College undergrads take out student loans to cover any remaining costs. Reed College graduates who have student loans graduate with an average of $22,941 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$20,542
Reed College-Specific Loans	$16,134
Private Loans	$61,587

Most Common Loans for Reed College Students
Federal Loans	48%
Institutional Loans	3%
Private loans	3%

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

Scholarships at Reed 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, Reed College awarded 812 need-based scholarships to students, giving away total of $39 million to help students with financial need cover the cost of school. An additional $20,000 in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Reed College

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 Reed 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 Reed College was $50,677 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Reed College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$33,163
Off-Campus	$16,343

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

Reed College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Reed College does not have guaranteed tuition.

Reed College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Reed College Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Reed 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.

Reed 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.

For more information about Reed College's endowment, check with the school directly.

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Learn More About Reed College

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