Guilford College Tuition 2021| The College Monk

$36,460

Tuition

$52,770

Cost of Attendance

$25,419

Net Price

Guilford College Tuition and Fees

Guilford College offers undergraduate and postgraduate programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $38,530, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $11,800, the charges for books and supplies and other expenses stand at $1,270 and $1,500, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$37,120	$37,120
Book & Supplies	$1,650	$1,650
Room & Board cost	$11,200	$11,200
Other Expenses	$2,800	$2,800
Total Cost of Attendance	$52,770	$52,770

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 must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. What's more, at Guilford College, the total tuition and fees for the enrolled students come out to be around $38,530 in a year. In addition, the students will be needed to pay an average expense of $1,270 for books and supplies, $11,800 toward room and boarding, and $1,500 for different other expenses in a year. So, the overall cost of attending GC comes out to be about $53,100 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$25,419

Family Income

Avg. Net Price

$0 to $30,000

$21,266

$30,001 to $48,000

$21,514

$48,001 to $75,000

$23,324

$75,001 to $110,000

$26,595

$110,000+

$29,208

The net price of attending Guilford College is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $23,738 at GC. For students with a family income below $30,000, the estimated net price is $19,885, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $19,014. Meanwhile, the net price stands at $20,349 for the $48,001-$75,000 income bracket and at $25,918 for an income between $75,001 and $110,000. This amount adds up to $29,372 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$94,332

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$979

Total interest paid

$23,143

Sum of Loan Payments

$117,475

To have a realistic understanding of how much it will cost to study at Guilford College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $94,332 for example. This will result in a $11,748 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 $117,475 which is $23,143 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	$37,120	$37,120
Room & Board Cost	$11,200	$11,200
Total Tuition & Fees	$48,320	$48,320

At Guilford College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $38,530 in a year. Alongside that, they will likewise need to shell out around $11,800 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $53,100.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$6,000	$6,000
Fees	N/A	N/A

Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at GC, the amount stands at $7,200 per year. It is interesting to note that Guilford College does not charge any graduation fees from students.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$800
Undergraduate	2018 - 2019	$1,075

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 Guilford College varies for graduate and undergraduate courses. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $120 and the undergraduate cost per credit hour at $296. Also, Guilford College currently offers a number of online courses to students across 42 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$11,200	$13,000
Other Expense	$2,800	$2,800
Book & Supplies	$1,650	$1,650

Now, coming to the lodging and related expenses at GC, 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 $13,300 per year. On the other hand, the room and board charges that the students have to pay total around $11,800 per year. Coming to the books and supplies charges, the students will be required to pay an amount of $1,270. Apart from these, the other expenses that a candidate needs to plan for add up to around $1,500.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$11,200

Off Campus

$13,000

Housing & Other Expenses

Other Expenses

On Campus

$2,800

Off Campus

$2,800

Housing & Other Expenses

Book & Supplies

On Campus

$1,650

Off Campus

$1,650

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at GC are projected to cost around $267,772 as per official data. For undergraduate students, the total expenses added up to $23,738 in 2018-2019, $25,419 in 2017-2018, and $25,670 in 2016-2017.