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Reed College Tuition Information

In 2021, Reed College's tuition was $62,420 a year.

Tuition increased 3.5% in 2021–from $60,310 the prior year. On average, colleges raise tuition about 3% each year.

If this makes attending the college of your dreams seem daunting, 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 find the actual cost of college is a lot less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make theactual cost of attending college feel more doable until you're done with college.

Reed College: In-state vs. 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 residents from other states.

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for those who qualify as Oregon residents.

Choosing a school where you qualify for in-state tuition can save on the cost of tuition, as well as loans and interest owed. Be sure to check your state's requirements for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. 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 too, depending on the state you and your parents currently live in.

Explore other Oregon colleges

Tuition for International Students at Reed College

Tuition at Reed College is the same for all students.

Students from outside of the U.S. usually do not qualify for for federal financial aid, but should research private or Reed College-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

Reed College Housing Expenses and Other Costs

Tuition is not the only cost of attending college;room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Reed College.

House and Food Costs at Reed College

Housing and campus dining at Reed College costs $15,640 a year. This covers the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat in the Reed College's on-campus cafeterias and dining halls.

Board costs vary based on on the numnber of meals you intend to eat on-campus

How Much Do Books Cost at Reed 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.

Yearly Fees

Most schools also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more. Full-time undergrads at Reed College pay $310 in fees each academic year.

There may be optional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer resources for students who may struggle to participate because of cost can get help covering these fees.

The Cost of Transportation at Reed College

The 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 easy to get around on foot? 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. At Reed College, freshman are allowed to park on campus.

A school's location 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 flip side, transportation in an urban area can be pricey, but cities may offer more trains, busses and low-cost flight options to actually get to school. Reed Collegeis in a urban setting in Oregon, near Portland.

Other College Costs

When budgeting for college, don’t forget to leave some room in your budget for the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo .

Now, let’s do a rundown of all of the costs associated with college, to get a better idea of the actual cost of attending Reed College.

How Much Does Reed College Cost?

2021 Total Tuition and Expenses
Tuition $62,420
Room and Board $15,640
Yearly Fees $310
Total Estimated Costs
On-Campus $78,370
Off-Campus $62,730

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

Reed College Financial Aid

The majority of Reed College undergrads use financial aid to to cover the cost of tuition. In 2021, 717 of the 1,366 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 $48,044 a year. Around 47.4% 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 $28,286 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $19,597
State Loans $0
Reed College-Specific Loans $16,921
Private Loans $61,970
Most Common Loans for Reed College Students
Federal Loans 43.3%
Institutional Loans 3.8%
Private loans 6.9%

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 2021, Reed College awarded 717 need-based scholarships to students, giving away total of $31.6 million to help students with financial need cover the cost of school. An additional $0 thousand in merit-based scholarship money was awarded to students without demonstrated financial need.

Reed 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 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 $48,044 in 2021. 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 $30,326
Off-Campus $14,686

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 get a better idea of 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.

A Prepaid Tuition Plan is not available for Reed College students.

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 offset the cost of attending. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

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.

Learn More About Reed College

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

Overview

Student Life

Academics

Admissions

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Reed College Tuition & Fees

Tuition & Fees

$78,370

In State

$78,370

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$62,420
$62,420
Fees
$310
$310
Housing
$15,640
$15,640
Books
Unknown
Unknown

Reed College Financial Aid

Students Who Receive Need-Based Aid

53%

Average Financial Aid Package

$47,008

© 2021 College Confidential / Concentrical LLC, Data provided by IPEDs and Peterson's Databases, © 2020 Peterson's LLC.

Quick Facts

Total Enrollment

1,503

Campus Setting

Urban

Acceptance Rate

35%

Tuition and Fees

In State

$62,730

Out-of-State

$62,730

Fall Freshmen
Application Deadline

Jan 15
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