Hope College Tuition 2021| The College Monk

$33,700

Tuition

$47,000

Cost of Attendance

$27,812

Net Price

Hope College Tuition and Fees

Hope College is a prominent educational institution known for offering a range of undergraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at HC is quite moderate compared to the expense of education at most institutions. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $35,330, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $10,630, the charges for books and supplies and other expenses stand at $980 and $1,975, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$34,010	$34,010
Book & Supplies	$950	$950
Room & Board cost	$10,310	$10,310
Other Expenses	$1,730	$1,730
Total Cost of Attendance	$47,000	$47,000

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 Hope College, the total tuition and fees for the enrolled students come out to be around $35,330 in a year. Apart from that, they should also pay an average amount of $980 toward books and supplies, $6,785 for room and boarding charges, and $1,975 toward other expenses in a year. So, the overall cost of attending HC comes out to be about $45,070 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$27,812

Family Income

Avg. Net Price

$0 to $30,000

$15,816

$30,001 to $48,000

$16,575

$48,001 to $75,000

$20,645

$75,001 to $110,000

$25,945

$110,000+

$32,608

The net cost of attending Hope 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 HC, the average net price is estimated to be $29,248. The net price for students with an annual family income below $30,000 is reported to be around $16,113. For the individuals who come under the $30,001-$48,000 income category, the net cost is $17,573. The amount stands at $20,372 for an annual income between $48,001 and $75,000, $25,779 for the $75,001-$110,000 income bracket, and $33,751 for a family income above $110,000.

Student Loans

Example Loans

$94,640

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$982

Total interest paid

$23,219

Sum of Loan Payments

$117,859

To have a realistic understanding of how much it will cost to study at Hope College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $94,640 for example. This will result in a $11,786 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 $117,859 which is $23,219 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	$34,010	$34,010
Room & Board Cost	$10,310	$10,310
Total Tuition & Fees	$44,320	$44,320

At Hope College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $35,330 in a year. They would also be required to pay around $6,785 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at HC adds up to $45,070.

Cost Per Credit Hour

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

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 Hope College varies for graduate and undergraduate courses. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $271. At present, Hope College also offers various online programs to students across as many as 62 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$10,310	$2,760
Other Expense	$1,730	$2,190
Book & Supplies	$950	$950

Moving on to the housing and related expenses at Hope College, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $12,370 per year, whereas, the cost for off-campus lodging is $5,150 a year. Besides, on-campus candidates will have to pay about $10,630 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $2,940. Coming to the books and supplies charges, the students will be required to pay an amount of $980. Meanwhile, the other expenses that one needs to plan for add up to $1,740 for on-campus students and $2,210 for off-campus students.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$10,310

Off Campus

$2,760

Housing & Other Expenses

Other Expenses

On Campus

$1,730

Off Campus

$2,190

Housing & Other Expenses

Book & Supplies

On Campus

$950

Off Campus

$950

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Hope College is around $227,146 as per official data. In contrast, the total expenses for undergraduate students amounted to $29,248 in 2018-2019, $27,812 in 2017-2018, and $27,795 in 2016-2017.