Hood College

In 2022, Hood College's tuition was $43,800 a year.

In 2022, tuition increased 3.03%–from $42,510 the previous year. On average, colleges raise tuition about 3% each year.

Remember, the advertized cost of tuition doesn't give you enough information to determine the actual cost of attending any given college. Many students find the actual cost of college is way less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make thecost of college feel more doable until you've finishing school and found a job.

Hood College: In-state vs. Out-of-State Tuition

Hood College is a private, nonprofit institution, which means it has the same tuition for residents of Maryland as it does for students who live in other states.

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

Choosing a school where you are eligible for the reduced tuition offered to state residentscan drastically reduce the cost of tuition, as well as loans and interest owed. Be sure to confirm your state's requirements 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 the state you and your parents currently live in.

Explore other Maryland colleges

Tuition for International Students at Hood College

Tuition at Hood College is the same for all students.

Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or Hood College-specific aid and scholarships. International students with need may qualify for the following types of financial support at Hood College:

•On-campus jobs •Hood College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

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Hood College Living Expenses, Fees, and More

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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 Hood College.

House and Food Costs at Hood College

Housing and campus dining at Hood College costs $13,600 a year. This includes the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat in the school dining facilities. Students who live off campus but would like to be able to eat in the campus dining can opt-in for a meal plan. The cost of board-only is $6,456.

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

How Much Do Books Cost at Hood College?

The cost of books often surprises first-year college students. The real 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 books from students who have already taken the course.

Yearly Fees

The majority of colleges also have 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 other costs associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges offer resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Transportation costs

The total 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? Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or are you planning to use public transportation? All of these questions 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 a city might be pricey, but there may be more trains, busses and affordable flights to actually get to school. The Hood College campus is located in a suburban setting in Maryland, near Baltimore and Washington and DC.

Other Costs

When you're planning for college, don’t forget to leave some room in your budget for the cost of things like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Hood College

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Now, let’s look at the breakdown of all expenses, to get a better idea of what is really costs to go to Hood College.

How Much Does Hood College Cost?

What will the cost of attending Hood College be? Here is a breakdown of tuition and expenses.

2022 Total Tuition and Expenses
Tuition	$43,800
Room and Board	$13,600
Board Only	$6,100
Other expenses	$1,672

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$61,060
Off-Campus	$53,604

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.

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Financial Aid at Hood College

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The majority of Hood College undergrads use financial aid to to cover the cost of tuition. In 2022, 941 of the 1,217 undergrads enrolled received financial aid. Hood College meets 75% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $34,158 a year. Around 70.6% of Hood College undergrads take out student loans to cover any remaining costs. Hood College graduates who have student loans graduate with an average of $39,427 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$26,423
Private Loans	$40,173

Most Common Loans for Hood College Students
Federal Loans	69.9%
Private loans	23.3%

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 Hood College financial aid, keep reading, or visit their financial aid website.

Scholarships at Hood 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 2022, Hood College awarded 941 need-based scholarships to students, giving away total of $29.2 million to help students with financial need cover the cost of school. An additional $7.5 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Hood College

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 Hood 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 Hood College was $34,158 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Hood College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$26,902
Off-Campus	$19,446

What will attending Hood 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 Hood College's net cost calculator on their website.

Hood College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Hood College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Hood College Tuition Waivers

Schools sometimes waiver tuition for certain groups, to offset the cost of attending. 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.

Hood 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.

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Learn More About Hood College

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