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Earlham College Tuition and Fees

Earlham College, which is located in Richmond, IN is a private, Friends university. Earlham College occupies a total area of about 800 acres. The foundation of Earlham College was laid down in the year 1847. Earlham College believes in imparting education and contributing to society by focusing on innovation, research, education, and commitment. The motto of the university is Vita Lux Hominum (Life is the Light of Man) and its official colors are maroon and white. Out of total 1,019 students

$45,500

Tuition

$59,850

Cost of Attendance

$22,601

Net Price

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Earlham College Tuition and Fees

Earlham College is known for offering a wide range of undergraduate and postgraduate programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at EC is quite moderate. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Earlham College comes to around $47,380, which includes tuition and other expenses as well. While housing costs $10,885, the charges for books and supplies and other expenses stand at $1,200 and $1,800, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$46,450	$46,450
Book & Supplies	$1,200	$1,200
Room & Board cost	$10,400	$10,400
Other Expenses	$1,800	$1,800
Total Cost of Attendance	$59,850	$59,850

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. What's more, at Earlham College, the total tuition and fees for the enrolled students come out to be around $47,380 in a year. In addition, the students will be needed to pay an average expense of $1,200 for books and supplies, $10,885 toward room and boarding, and $1,800 for different other expenses in a year. Therefore, the estimated cost of attendance for one year at EC is around $61,265, as per the available information.

Average Net Price by Family Income

Net Price

$22,601

Family Income

Avg. Net Price

$0 to $30,000

$15,973

$30,001 to $48,000

$13,912

$48,001 to $75,000

$18,326

$75,001 to $110,000

$20,807

$110,000+

$28,232

The net cost of attending Earlham College – 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. Simply put, the family income of the candidate is a key factor in determining the net amount. At EC, the average net price is estimated to be $23,043. The net price for students with an annual family income below $30,000 is reported to be around $16,184. For the individuals who come under the $30,001-$48,000 income category, the net cost is $15,777. Meanwhile, the net price stands at $15,854 for the $48,001-$75,000 income bracket and at $24,250 for an income between $75,001 and $110,000. This amount adds up to $31,202 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$78,660

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$816

Total interest paid

$19,298

Sum of Loan Payments

$97,958

To have a realistic understanding of how much it will cost to study at Earlham College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $78,660 for example. This will result in a $9,796 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 $97,958 which is $19,298 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	$46,450	$46,450
Room & Board Cost	$10,400	$10,400
Total Tuition & Fees	$56,850	$56,850

At Earlham College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $47,380 per year. They would also be required to pay around $10,885 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at EC adds up to $61,265.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$20,500	$20,500
Fees	$75	$75

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at EC, the amount totals around $20,575. This includes $20,500 for the graduate tuition as well as an amount of $75 for the graduation fees.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$550
Undergraduate	2018 - 2019	$1,517

The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend EC. The cost per credit hour for graduate degrees sits at $342, while that of undergraduate degrees is $364, as per the 2019-2020 fee structure. Earlham College also offers a wide range of online programs across 38 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$10,400	$10,400
Other Expense	$1,800	$1,800
Book & Supplies	$1,200	$1,200

Now, coming to the lodging and related expenses at EC, the actual amount to be paid remains the same irrespective of whether the candidate opts to live on-campus or off-campus. The housing facilities will cost students around $12,685 per year. Moreover, the candidates will have to pay about $10,885 a year toward room and boarding charges. Coming to the books and supplies charges, the students will be required to pay an amount of $1,200. Furthermore, the other expenses that the students should plan for come to around $1,800.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$10,400

Off Campus

$10,400

Housing & Other Expenses

Other Expenses

On Campus

$1,800

Off Campus

$1,800

Housing & Other Expenses

Book & Supplies

On Campus

$1,200

Off Campus

$1,200

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $307,263. Notably, the total expenses for undergraduate students amounted to $23,043 in 2018-2019, $22,601 in 2017-2018, and $20,721 in 2016-2017.

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