In 2022, tuition for full-time students at Hobart and William Smith Colleges was $60,350 a year.
Tuition increased 2.46% in 2022–from $58,900 the prior year. Usually, colleges raise tuition about 3% each year.
Remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is far less than the total tuition after grants, scholarships, and tuition discounts are applied. And, student loans can make thecost of college more manageable until you're done with college.
Hobart and William Smith Colleges is a private, nonprofit institution, so it has the same tuition for students from New York as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for students who are residents of that state.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Don't forget to verify your state's guidelines for how to qualify for in-state residency. Each state has different requirements to qualify as in-state resident. 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 as well, depending on where you live.
Explore other New York colleges
Tuition at Hobart and William Smith Colleges is the same for all students.
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 Hobart and William Smith Colleges:
•On-campus jobs •Hobart and William Smith Colleges-specific 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 Hobart and William Smith Colleges.
Room and board at Hobart and William Smith Colleges is $16,910 a year. This number includes the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat in the Hobart and William Smith Colleges's on-campus cafeterias and dining facilities.
Board costs can depend 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 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.
The majority of colleges 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 certain activities, like Greek Life, or playing on an intramural sports team. Many schools offer ways so that those with financial need to find ways to lower or eliminate these fees.
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 Hobart and William Smith Colleges, freshman are allowed to park on campus.
The location of a college or university can impact the amount you'll have to spend just to get around. 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 an urban area is often costly, but there may be more trains, busses or low-cost flight options to actually get to school. Hobart and William Smith Collegesis in a small town setting in New York, near Rochester and Syracuse.
When you're planning for college, don’t forget 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 what is really costs to go to Hobart and William Smith Colleges.
What will the cost of attending Hobart and William Smith Colleges be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$16,910|
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 Hobart and William Smith Colleges undergrads use financial aid to to cover the cost of tuition. In 2022, 1,081 of the 1,660 undergrads enrolled received financial aid. Hobart and William Smith Colleges meets 86% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $52,230 a year. Around 72% of Hobart and William Smith Colleges undergrads take out student loans to cover any remaining costs. Hobart and William Smith Colleges graduates who have student loans graduate with an average of $37,941 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Hobart and William Smith Colleges 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 Hobart and William Smith Colleges 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, Hobart and William Smith Colleges awarded 1,076 need-based scholarships to students, giving away total of $48.9 million to help students with financial need cover the cost of school. An additional $16.43 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 Hobart and William Smith Colleges 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 Hobart and William Smith Colleges was $52,230 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Hobart and William Smith Colleges seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Hobart and William Smith Colleges 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 Hobart and William Smith Colleges'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.
Hobart and William Smith Colleges 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 make attending more affordable. 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.
Hobart and William Smith Colleges 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.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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