In 2022, tuition for full-time Bates College students was $59,062 a year.
Tuition increased 2.98% in 2022–from $57,353 the previous year. On average, college tuition rises about 3% year.
Remember, the advertized cost of tuition does not always tell the full story. Many students find the actual cost of college is much less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make the amount you do have to pay out of pocket feel more doable until you're done with college.
Bates College is a private, nonprofit institution, which means it has the same tuition for students from Maine as it does for residents from 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 Maine residents.
Attending an insitution where you qualify for in-state tuition can save significant money on the total cost of attending college. Take the time to verify your state's requirements for in-state tuition. 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 too, depending on where you live.
Bates College has the same tuition for international students as for those from out of state.
Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but may be eligible for private or school-specific grants, scholarships, and other funding opportunities.. International students with need may qualify for the following types of financial support at Bates College:
•On-campus jobs •Bates College-specific scholarships
In addition to 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 Bates College.
Room and board at Bates College costs $16,658 a year. This covers the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat in the Bates College's on-campus cafeterias and dining halls.
Board costs vary based on on the numnber of meals you intend to eat on-campus
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real 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 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 special activities, like Greek Life, or playing on an intramural sports team. Most colleges have ways so that those with financial need to find ways to lower or eliminate 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 easy to get around on foot? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these questions can drastically impact your estimated cost of transportation. At Bates College, freshman are allowed to park on campus.
A school's location can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city could be expensive, but cities may offer more trains, busses and affordable flights to actually get to school. Bates Collegeis located in a small town setting in Maine.
When creating a budget for college, be sure to take into account 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 Bates College.
What will the cost of attending Bates College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$16,658|
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.
In 2022, 709 of the 1,821 undergrads enrolled received financial aid. Bates College meets 100% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $54,033 a year. Around 29% of Bates College undergrads take out student loans to cover any remaining costs. Bates College graduates who have student loans graduate with an average of $26,020 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Bates 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 Bates 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, Bates College awarded 709 need-based scholarships to students, giving away total of $35.9 million to help students with financial need cover the cost of school. An additional $520000 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 Bates 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 Bates College was $54,033 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Bates College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Bates 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 Bates 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.
Bates 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 waiver tuition for 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.
Bates 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.
To learn more about Bates College, choose from the options below:
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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