In 2022, tuition for full-time students at Mount Holyoke College was $58,280 a year.
Tuition increased 3.52% in 2022–from $56,300 the previous year. Usually, college tuition goes up about 3% every year.
If this information makes going to college feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theactual cost of attending college more manageable until after graduation.
Mount Holyoke College is a private, nonprofit institution, so it has the same tuition for residents of Massachusetts as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Attending a school where you are eligible for the reduced tuition offered to state residentscan save on the total cost of attending college. Don't forget to check your state's rules for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on the state you and your parents currently reside in.
Mount Holyoke College has the same tuition for international students as for those from out of state.
International students are not eligible for federal financial aid, but may qualify for private or school-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Mount Holyoke College:
•On-campus jobs •Mount Holyoke College-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Mount Holyoke College.
Housing and campus dining at Mount Holyoke College is $17,180 a year. This number covers the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the school dining halls.
Meal-plan costs can depend on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The real cost of books and supplies 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 also have fees to help cover the cost of facilties, like the library, gym and computer labs.
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. Most colleges offer resources so that those with financial need to find ways to lower or eliminate these fees.
The total cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own a car, or will you need to use public transportation? All of these factors can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.
The location of a college or university can also have a big effect on 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 getting around in a city is often pricey, but cities may offer more buses, trains or affordable flights to actually get to school. Mount Holyoke Collegeis in a small town setting in Massachusetts, near Springfield.
When estimating your budget for college, be sure to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s go over all of the costs we've covered, to get a better idea of the actual cost of attending Mount Holyoke College.
What will the cost of attending Mount Holyoke College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$17,180|
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 Mount Holyoke College undergrads use financial aid to finance their education. In 2022, 1,452 of the 2,220 undergrads enrolled received financial aid. Mount Holyoke College meets 100% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $48,044 a year. Around 61% of Mount Holyoke College undergrads take out student loans to cover any remaining costs. Mount Holyoke College graduates who have student loans graduate with an average of $25,216 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Mount Holyoke College-Specific Loans||$16,637|
|Most Common Loans for Mount Holyoke 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 Mount Holyoke 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, Mount Holyoke College awarded 1,452 need-based scholarships to students, giving away total of $60.4 million to help students with financial need cover the cost of school. An additional $8.92 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 Mount Holyoke 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 Mount Holyoke College was $48,044 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Mount Holyoke College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Mount Holyoke 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Mount Holyoke 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.
Mount Holyoke 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 employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Mount Holyoke 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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