In 2022, tuition for full-time students at Wofford College was $51,750 a year.
In 2023, tuition increased 4%–from $49,760 the prior year. On average, college tuition rises about 3% year.
Remember, the total cost of tuition isn't the final cost for attending college. 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 more manageable until after graduation.
Wofford College meets 89.3% of the demonstrated financial need for undergraduates. First-year students that attend Wofford College full-time are awarded $47,125 a year in financial aid, on average.
In 2020, students graduated with an average of $34,925 in student loans for each student with debt.
Wofford College is a private, religious institution, which means it has the same tuition for students from South Carolina as it does for residents from other states.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Attending an insitution where you are eligible for the reduced tuition offered to state residentscan save significant money on the total cost of attending college. Take the time to verify your state's rules for in-state residency. Each state has different requirements to qualify as in-state resident. 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 where you live.
Explore other South Carolina colleges
Tuition at Wofford College is the same for each student.
International students are not eligible for loans or grants from the U.S. government, but may qualify for private or Wofford College-specific aid and scholarships.
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 Wofford College.
Housing and campus dining at Wofford College is $15,015 a year. This number includes the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the Wofford College's on-campus cafeterias and dining halls.
Meal-plan costs may vary depending on the number of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and what kinds of books and materials they require. 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 help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be additional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools have resources for students who may struggle to participate because of cost can get help covering these costs.
The total cost of transportation 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 easy to get around on foot? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can drastically impact your transportation budget. At Wofford 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 other hand transportation in an urban area is often pricey, but cities may offer more trains, busses and affordable flights to actually get to school. The Wofford College campus is located in a city in South Carolina.
When estimating your budget for college, don’t forget to factor in personal expenses, 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 look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Wofford College.
What will the cost of attending Wofford College be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $51,750 |
Room and Board | $15,015 |
Other expenses | $1,306 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $70,421 |
Off-Campus | $56,226 |
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 Wofford College undergrads use financial aid to finance their education. In 2023, 1,052 of the 1,823 undergrads enrolled received financial aid. Wofford College meets 89.3% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $47,125 a year. Around 53.63% of Wofford College undergrads take out student loans to cover any remaining costs. Wofford College graduates who have student loans graduate with an average of $34,925 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $21,271 |
State Loans | $11,250 |
Private Loans | $47,443 |
Most Common Loans for Wofford College Students | |
---|---|
Federal Loans | 53.11% |
State loans | 0.52% |
Private loans | 15.54% |
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 Wofford 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 2023, Wofford College awarded 1,052 need-based scholarships to students, giving away total of $35.5 million to help students with financial need cover the cost of school. An additional $19.34 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 Wofford 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 Wofford College was $47,125 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Wofford College seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $23,296 |
Off-Campus | $9,101 |
What will attending Wofford 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 Wofford 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.
Wofford College does not have guaranteed tuition.
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 schools 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.
Wofford 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.
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.
As of 2022, the total market value of Wofford College's endowment was $437.5 million. The average college endowment was $905 million in 2021.
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Tuition & Fees
$69,115
In State$69,115
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
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