$45,070

Tuition

$59,470

Cost of Attendance

$17,663

Net Price

Total Cost of Attendance

Student type In-state Out-State
Tuition & Fees $45,590 $45,590
Book & Supplies $700 $700
Room & Board cost $12,380 $12,380
Other Expenses $800 $800
Total Cost of Attendance $59,470 $59,470

Average Net Price by Family Income

Net Price

$17,663

Family Income

Avg. Net Price

$0 to $30,000

$9,747

$30,001 to $48,000

$10,890

$48,001 to $75,000

$12,859

$75,001 to $110,000

$20,799

$110,000+

$26,757

Student Loans

Example Loans

$84,156

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$873

Total interest paid

$20,647

Sum of Loan Payments

$104,803

To have a realistic understanding of how much it will cost to study at Albion College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $84,156 for example. This will result in a $10,480 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $104,803 which is $20,647 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type In-state Out-State
Tuition & Fees $45,590 $45,590
Room & Board Cost $12,380 $12,380
Total Tuition & Fees $57,970 $57,970

Cost Per Credit Hour

Degree Year Cost per Credit hour
Graduate 2018 - 2019 N/A
Undergraduate 2018 - 2019 $1,890

Campus Housing Expenses

Housing & other expenses On Campus Off Campus
Room & Board $12,380 $12,380
Other Expense $800 $800
Book & Supplies $700 $700

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$12,380

Off Campus

$12,380

Housing & Other Expenses

Other Expenses

On Campus

$800

Off Campus

$800

Housing & Other Expenses

Book & Supplies

On Campus

$700

Off Campus

$700

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