Roanoke College

In 2022, Roanoke College's tuition was $34,820 a year.

Tuition increased 3.91% in 2023–from $33,510 the prior year. On average, college tuition goes up about 3% every year.

If this information makes going to college seem daunting, 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 sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theactual cost of attending college feel more doable until after graduation.

Roanoke College meets 76.7% of the demonstrated financial need for undergraduates. First-year students that attend Roanoke College full-time are awarded $31,784 a year in financial aid, on average.

In 2020, students graduated with an average of $41,208 in student loans for each student with debt.

In-state vs. Out-of-state Tuition at Roanoke College

Roanoke College is a private, religious institution, so it has the same tuition for students from Virginia 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.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Be sure to confirm your state's guidelines for how to qualify 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 as well, depending on where you live.

Explore other Virginia colleges

Roanoke College International Student Tuition

Roanoke College has the same tuition for international students as for those from out of state.

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

•Roanoke College-specific loans •Roanoke College-specific scholarships

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

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Roanoke College Living Expenses, Fees, and More

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In addition to the cost of 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 Roanoke College.

House and Food Costs at Roanoke College

Room and board at Roanoke College is $15,366 a year. This includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the Roanoke College's on-campus cafeterias and dining facilities.

Meal-plan costs can depend on the number of meals you intend to eat on-campus

How Much Do Books Cost at Roanoke College?

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

Yearly Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be additional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have resources for students with demonstrated need to find ways to lower or eliminate these fees.

Transportation costs

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? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

Where are a college is located can also have a big effect on 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 a city might be expensive, but cities may offer more trains, busses and low-cost flight options to actually get to school. The Roanoke College campus is in a suburb in Virginia.

Other Costs

When estimating your budget for college, be sure to leave some room in your budget for personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Financial Breakdown for Roanoke College

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of the actual cost of attending Roanoke College.

How Much Does Roanoke College Cost?

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

2023 Total Tuition and Expenses
Tuition	$34,820
Room and Board	$15,366

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

Total Estimated Costs
On-Campus	$52,140
Off-Campus	$36,774

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.

Roanoke College’s tuition and fees change based on: •Course load for part-time students

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Financial Aid at Roanoke College

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The majority of Roanoke College undergrads use financial aid to finance their education. In 2023, 1,198 of the 1,826 undergrads enrolled received financial aid. Roanoke College meets 76.7% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $31,784 a year. Around 75.83% of Roanoke College undergrads take out student loans to cover any remaining costs. Roanoke College graduates who have student loans graduate with an average of $41,208 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$26,753
Roanoke College-Specific Loans	$13,135
Private Loans	$53,243

Most Common Loans for Roanoke College Students
Federal Loans	72.52%
Institutional Loans	4.6%
Private loans	21.12%

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

Scholarships at Roanoke 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 2023, Roanoke College awarded 1,183 need-based scholarships to students, giving away total of $28.8 million to help students with financial need cover the cost of school. An additional $8.96 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Roanoke College Net Cost

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 Roanoke 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 Roanoke College was $31,784 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Roanoke College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$20,356
Off-Campus	$4,990

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

Roanoke College Tuition Payment Plans

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

Roanoke College does not have guaranteed tuition.

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

Roanoke College Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Roanoke 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.

Roanoke College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Roanoke College's endowment was valued at $152.7 million in 2023, compared to a national average of $905 million. For each full-time student, Roanoke College spends about $11,666 a year.

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Learn More About Roanoke College

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

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