In 2022, Oberlin College's tuition was $61,106 a year.
In 2022, tuition increased 2.9%–from $59,384 the previous year. On average, college tuition goes up about 3% every year.
Remember, the advertized cost of tuition does not give you enough information to determine the actual cost of attending any given college. Many students pay much less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theactual cost of attending college feel more doable until after graduation.
Oberlin College is a private, nonprofit institution, which means it has the same tuition for residents of Ohio as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. These institutions offer a lower cost of attendance for students who are residents of that state.
Attending a college where you are eligible for the reduced tuition offered to state residentscan save on the cost of tuition, as well as loans and interest owed. Be sure to check your state's criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. 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 as well, depending on the state you and your parents currently reside in.
Oberlin College has the same tuition for international students as for those from out of state.
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 Oberlin College-specific aid and scholarships. International students with need may qualify for the following types of financial support at Oberlin College:
•On-campus jobs •Oberlin College-specific loans •Oberlin College-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Oberlin College.
Housing and campus dining at Oberlin College is $18,390 a year. This number includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the Oberlin College's on-campus cafeterias and dining halls.
Meal-plan costs can depend on the numnber of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
There may be other costs associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer resources so that those with demonstrated need to get help covering these costs.
The total 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 easy to get around on foot? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located can impact the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city is sometimes pricey, but there may be more trains, busses and low-cost flight options to actually get to school. The Oberlin College campus is located in a small town setting in Ohio, near Cleveland.
When you're planning for college, don’t forget to consider the cost of things like entertainment, clothes, furnishings and toiletries.
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 Oberlin College.
What will the cost of attending Oberlin College be? Here is a breakdown of tuition and expenses.
2022 Total Tuition and Expenses | |
---|---|
Tuition | $61,106 |
Room and Board | $18,390 |
Other expenses | $978 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $82,322 |
Off-Campus | $63,932 |
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.
The majority of Oberlin College undergrads use financial aid to to cover the cost of tuition. In 2022, 1,569 of the 2,942 undergrads enrolled received financial aid. Oberlin College meets 100% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $49,620 a year. Around 46.36% of Oberlin College undergrads take out student loans to cover any remaining costs. Oberlin College graduates who have student loans graduate with an average of $28,435 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $22,662 |
Private Loans | $0 |
Most Common Loans for Oberlin College Students | |
---|---|
Federal Loans | 43.18% |
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 Oberlin College financial aid, keep reading, or visit their financial aid website.
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, Oberlin College awarded 1,560 need-based scholarships to students, giving away total of $67.7 million to help students with financial need cover the cost of school. An additional $22.65 million in merit-based scholarship money was awarded to students without demonstrated financial need.
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 Oberlin 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 Oberlin College was $49,620 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Oberlin College seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $32,702 |
Off-Campus | $14,312 |
What will attending Oberlin 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 understand the actual cost of attending that school, based on their financial situation. You can find the Oberlin College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools 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.
Check the financial aid website for more information on payment plans and tuition waivers.
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Tuition & Fees
$78,549
In State$78,549
Out-of-StateStudents Who Receive Need-Based Aid
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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