Calvin College Tuition 2021| The College Monk

$34,600

Tuition

$48,900

Cost of Attendance

$25,851

Net Price

Calvin College Tuition and Fees

Calvin University is a prominent educational institution known for offering a range of undergraduate and postgraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at CU is quite moderate compared to the expense of education at most institutions. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the university adds up to about $36,300, which includes the total tuition fees and other expenses. While housing costs $10,600, the charges for books and supplies and other expenses stand at $1,300 and $2,700, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$34,600	$34,600
Book & Supplies	$1,200	$1,200
Room & Board cost	$10,400	$10,400
Other Expenses	$2,700	$2,700
Total Cost of Attendance	$48,900	$48,900

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. The total tuition and fees for students attending Calvin University come out to be around $36,300 per year. In addition, the students will be needed to pay an average expense of $1,300 for books and supplies, $10,600 toward room and boarding, and $2,700 for different other expenses in a year. Therefore, the estimated cost of attendance for one year at CU is around $50,900, as per the available information.

Average Net Price by Family Income

Net Price

$25,851

Family Income

Avg. Net Price

$0 to $30,000

$20,797

$30,001 to $48,000

$20,314

$48,001 to $75,000

$23,129

$75,001 to $110,000

$25,123

$110,000+

$29,029

The net cost of attending Calvin University – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. So, it all essentially depends on the family income bracket of the student. At CU, the average net price is estimated to be around $27,952. The net price for students with an annual family income below $30,000 is reported to be around $21,344. For the individuals who come under the $30,001-$48,000 income category, the net cost is $21,920. The amount stands at $23,773 for an annual income between $48,001 and $75,000, $26,778 for the $75,001-$110,000 income bracket, and $30,868 for a family income above $110,000.

Student Loans

Example Loans

$97,336

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$1,010

Total interest paid

$23,880

Sum of Loan Payments

$121,216

To have a realistic understanding of how much it will cost to study at Calvin College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $97,336 for example. This will result in a $12,122 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 $121,216 which is $23,880 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	$34,600	$34,600
Room & Board Cost	$10,400	$10,400
Total Tuition & Fees	$45,000	$45,000

For students pursuing undergraduate courses at Calvin University, the tuition and fees are estimated to be $36,300 per year. Moreover, the applicants must also pay an amount of $10,600 towards room and boarding charges. Accordingly, the overall cost for undergraduate students at the university totals about $50,900 per year, based on the available data.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$25,027	$25,027
Fees	N/A	N/A

Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at CU, the amount stands at $28,228 per year. Notably, no graduation fee is collected from the students at Calvin University.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$502
Undergraduate	2018 - 2019	$826

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Calvin University varies for graduate and undergraduate courses. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $470 and for undergraduate courses, it stands at $279. Calvin University also offers a wide range of online programs across 95 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$10,400	$10,400
Other Expense	$2,700	$2,700
Book & Supplies	$1,200	$1,200

Moving on to the housing and related expenses at Calvin University, these charges are the same irrespective of whether the candidate decides to stay on-campus or off-campus. The students will be required to pay $13,300 per year for the same. Moreover, the candidates will have to pay about $10,600 a year toward room and boarding charges. On the other hand, the charges toward books and supplies come to around $1,300. Apart from these, the other expenses that a candidate needs to plan for add up to around $2,700.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$10,400

Off Campus

$10,400

Housing & Other Expenses

Other Expenses

On Campus

$2,700

Off Campus

$2,700

Housing & Other Expenses

Book & Supplies

On Campus

$1,200

Off Campus

$1,200

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Calvin University is around $256,947 as per official data. In comparison, the total expenses for undergraduate students stood at $27,952 for 2018-2019, $25,851 for 2017-2018, and $26,306 for 2016-2017.