What does a year at a private college cost after grants?
At the typical private nonprofit four-year college in 2023–24, the full cost of a year (tuition, housing, food, books and other costs) was $49,718. After grants and scholarships, students whose families earned up to $30,000 paid a median of $17,883, and those from families earning over $110,000 paid $29,302, still far below the full cost. Net prices count first-time, full-time undergraduates who received federal aid; each bar is the median of colleges' averages. Loans are not subtracted, because they have to be repaid.
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Source and date
- Data as of
- Published
The data
| Full cost, then net price by family income | Dollars a year |
|---|---|
| Full cost, before grants | 49,718 |
| Family income $0–30,000 | 17,883 |
| $30,001–48,000 | 18,010 |
| $48,001–75,000 | 19,923 |
| $75,001–110,000 | 23,679 |
| Over $110,000 | 29,302 |