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Claremont McKenna Tuition & Cost

Claremont, California

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How much does it cost to attend?

Sticker Price
$78,717
Costs for Claremont McKenna College
Fee Cost
Tuition$57,876
Books and Supplies$1,200
Other Fees$235
Room and Board $17,906
Other Expenses Budget$1,500

Annual Prices

The annual list price to attend Claremont McKenna College on a full time basis for 2021/2022 is $78,717 for all students regardless of their residency. This fee is comprised of $57,876 for tuition, $17,906 room and board, $1,200 for books and supplies and $235 for other fees. Out of state tuition for Claremont McKenna College is $57,876, the same as California residents.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Claremont McKenna College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$22,004
Net Price by Income Claremont McKenna College
Family Income Net Price Paid
$0 to $30,000$5,387
$30,001 to $48,000$8,693
$48,001 to $75,000$15,962
$75,001 to $110,000$28,087
$110,000+$43,248

The average reported annual net price for Claremont McKenna College for students receiving grants or scholarship aid was $22,004 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

47% of full-time undergrad Claremont McKenna College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $54,610 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 20% of students received Federal Student Loans averaging $3,830 and 28% of undergrads took out private student loans averaging $3,802.

Finanical Aid Claremont McKenna College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $54,610 47%
Institutional Grants and Scholarships $50,240 44%
Pell Grants $4,938 20%
Other Federal Grants $777 20%
State and Local Grants $9,084 10%
Federal Student Loans $3,830 20%
Other Student Loans $3,802 28%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Claremont McKenna College, we've modeled a ten year student loan with an original principal value of $92,256. The loan balance of $92,256 is a four year multiple of the $23,064 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $880 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $92,256
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $880.22
Total Interest Paid $13,370.88
Sum of All Loan Payments $105,626.88

Projected 4 Year Degree Price

4 Year Sticker Price
$314,868
Year All Residents
1 $78,717
2 $80,945
3 $83,237
4 $85,593

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Claremont McKenna College to be $314,868 - assuming graduation in normal time. The estimation assumes a 2.8% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Claremont McKenna College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $2,412 $7,236 $9,648

Estimated cost for a class at Claremont McKenna College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Claremont McKenna College versus other colleges.

Tuition Payment Plans Available

Claremont McKenna College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=112260 IPEDS survey data for Claremont McKenna College.