Knox College

In 2022, Knox College's tuition was $52,461 a year.

In 2022, tuition increased 3.3%–from $50,784 the prior year. On average, college tuition goes up about 3% every year.

If these numbers sound impossible, remember, the total cost of tuition isn't the final cost for attending college. Many students owe way less than the sticker price after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make the amount you do have to pay out of pocket feel more doable until you've finishing school and found a job.

In-state vs. Out-of-state Tuition at Knox College

Knox College is a private, nonprofit institution, which means it has the same tuition for students from Illinois as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public insitutions often offer reduced tuition for students who are residents of that state.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Don't forget to check your state's requirements for in-state residency. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on where you live.

Explore other Illinois colleges

Is Knox College's Tuition Different for International Students?

Tuition at Knox College is the same for every student.

Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but may qualify for private or school-specific grants, scholarships, and other funding opportunities.. International students with need may qualify for the following types of financial support at Knox College:

•On-campus jobs •Loans from outsideKnox College •Knox College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

---

Knox College Housing Expenses, Fees, and More

---

Tuition is not the only cost of attending college; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Knox College.

House and Food Costs at Knox College

Room and board at Knox College costs $10,326 a year. This includes the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the school dining halls. Students who do not live on-campus but still want to use the dining facilities can pay for a meal plan. The cost of a mean plan, or board-only, is $4,395.

Meal-plan costs may vary depending on the numnber of meals you intend to eat on-campus

How Much Do Books Cost at Knox College?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.

Annual Fees

Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be additional fees associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges have resources for students with demonstrated need to get help covering these fees.

Transportation costs

The cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation. At Knox College, freshman are allowed to park on campus.

A school's location can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in an urban area can be pricey, but there may be more trains, busses and affordable flights to actually get to school. Knox Collegeis in a small town setting in Illinois, near Peoria and Quad Cities.

Other Costs

When estimating your budget for college, be sure to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

---

Total Tuition and Expenses at Knox College

---

Now, let’s do a rundown of all of the costs associated with college, to get a better idea of how much students can expect to shell out for Knox College.

Total Cost of Knox College

What will the cost of attending Knox College be? Here is a breakdown of tuition and expenses.

2022 Total Tuition and Expenses
Tuition	$52,461
Room and Board	$10,326
Board Only	$3,600
Other expenses	$1,222

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$66,007
Off-Campus	$59,281

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

Knox College’s tuition and fees change based on: •Course load for both full and part-time students

---

Knox College Financial Aid

---

The majority of Knox College undergrads use financial aid to to cover the cost of tuition. In 2022, 807 of the 1,156 undergrads enrolled received financial aid. Knox College meets 92.6% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $41,702 a year. Around 65% of Knox College undergrads take out student loans to cover any remaining costs. Knox College graduates who have student loans graduate with an average of $29,133 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$26,743
Private Loans	$29,247

Most Common Loans for Knox College Students
Federal Loans	55%
Institutional Loans	1%
Private loans	5%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Knox College financial aid, keep reading, or visit their financial aid website.

Scholarships at Knox College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2022, Knox College awarded 804 need-based scholarships to students, giving away total of $33.3 million to help students with financial need cover the cost of school. An additional $9.54 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Knox College

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Knox College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Knox College was $41,702 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Knox College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$24,305
Off-Campus	$17,579

What will attending Knox College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Knox College's net cost calculator on their website.

Knox College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Knox College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Knox College Tuition Waivers

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Knox College has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

---

Learn More About Knox College

---

Choose one of the options below to find out more about about Knox College:

Overview

Student Life

Academics

Admissions

Visit the College Confidential forums to join the conversation about Knox College