In 2022, tuition for full-time Earlham College students was $49,218 a year.
In 2022, tuition increased 2%–from $48,253 the prior year. Usually, college tuition goes up about 3% every year.
If this makes attending the college of your dreams sound impossible, remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is a lot less than the sticker price after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theprice of collegefeel more doable until after graduation.
Earlham College is a private, religious institution, which means it has the same tuition for residents of Indiana as it does for residents from other states.
Public colleges and universities receive funding from the state government. Public insitutions often offer a lower cost of attendance for those who qualify as Indiana residents.
Attending a college where you qualify for in-state tuition can save students a lot of money on the overall cost of college. Be sure to confirm your state's requirements 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 other criteria as well, depending on the state you and your parents currently live in.
Explore other Indiana colleges
Earlham 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 should research private or school-specific grants, scholarships, and other funding opportunities.. International students who demonstrate financial need may qualify for the following types of financial support at Earlham College:
•On-campus jobs •Earlham College-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to the cost of tuition, 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 Earlham College.
Housing and campus dining at Earlham College is $12,447 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the Earlham College's on-campus cafeterias and dining halls.
Meal-plan costs vary based on on the numnber 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 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.
Most schools also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
There may be other costs associated with participating in certain activities, like joining a fraternity or sorority, 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.
The cost of transportation 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 plan to bring a car or are you planning to use public transportation? All of these factors can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location can impact 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, transportation in an urban area is usually expensive, but there may be more buses, trains and affordable flights to actually get to school. The Earlham College campus is located in a small town setting in Indiana, near Cincinnati and Indianapolis and Dayton.
When you're planning for college, don’t forget to leave some room in your budget for the cost of things 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 the actual cost of attending Earlham College.
What will the cost of attending Earlham College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$12,447|
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.
The majority of Earlham College undergrads use financial aid to to cover the cost of tuition. In 2022, 626 of the 658 undergrads enrolled received financial aid. Earlham College meets 90.7% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $43,001 a year. Around 71.29% of Earlham College undergrads take out student loans to cover any remaining costs. Earlham College graduates who have student loans graduate with an average of $24,274 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Earlham 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 Earlham 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, Earlham College awarded 613 need-based scholarships to students, giving away total of $21.3 million to help students with financial need cover the cost of school. An additional $6.54 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 Earlham 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 Earlham College was $43,001 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Earlham College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Earlham 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Earlham 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.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to make attending more affordable. 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.
Check the financial aid website for more information on payment plans and tuition waivers.
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