Albion College

Albion College

Albion, Michigan


Tuition and Fees

The cost for undergraduate students to attend Albion College for an academic year can be broken down into $47,570 for tuition, $705 for fees, $700 for books and supplies, $12,380 for room and board and $800 for other expenses. The cost for in-state and out-of-state students is the same.

Tuition and Fees

$48,275
Tuition$47,570
Fees$705
Books and supplies$700
Room and board$12,380
Other expenses$800

Tuition Plans

Any alternative tuition plans offered by institutionYes
Tuition guaranteed planNo
Prepaid tuition planNo
Tuition payment planYes
Other alternative tuition planNo

Financial Aid

100% of undergradate students at Albion College received financial aid. The distribution of financial aid types at Albion College consists of 100% receiving grant or scholarship aid of $40,855 on average, 46% receiving pell grants of $5,029 on average, 100% receiving institutional grants or scholarships of $37,255 on average, and 69% receiving federal student loans of $5,765 on average.

Average Grant/Scholarship Aid

$40,855

Awarded any Financial Aid

100%
Aid TypeNumber ReceivingPercent ReceivingAverage Aid Received
Grant or scholarship aid428100%$40,855
Pell grants19746%$5,029
Institutional grants or scholarships428100%$37,255
Federal student loans29669%$5,765

Net Price

Average Net Price

$18,532

Net prices changes by family income and financial need. Net price typically increases with increase in family income because of higher amounts of financial aid available to students belonging to lower income families. Students in the lowest $0 – $30,000 family income bracket paid net price of $12,032 compared to net price of $12,541 in the $30,001 – $48,000 family income bracket, $14,499 in the $48,001 – $75,000 family income bracket, $18,861 in the $75,001 – $110,000 family income bracket and $26,478 in the $110,001 and more family income bracket.

Net Price by Family Income

Family IncomeNet Price Paid
$0 – $30,000$12,032
$30,001 – $48,000$12,541
$48,001 – $75,000$14,499
$75,001 – $110,000$18,861
$110,001 and more$26,478

Net price reflects the actual cost to attend after accounting for finanical aid. Net price includes tuition, books, living costs, and other expenses after subtracting federal financial aid received by students.

Sticker Price

The cost for a 4 year bachelors degree at Albion College is $267,145. The cost reported is aggregated over 4 years and includes tuition and fees, books and supplies, room and board, and other miscellaneous expenses. The year to year increases in tuition and cost of living are accounted by applying a rate of increase of 5% which is based on the average rate of increase in the last 2 years as reported by Albion College. The actual net cost paid by students could be lower because financial aid is not accounted for in this cost. The cost for in-state and out-of-state students is the same.

4-year Sticker Price

$267,145
Year Sticker Price
1$62,155
2$65,115
3$68,263
4$71,612