K
Galesburg, Illinois

Knox College Tuition & Cost

How much does it cost to attend?

Sticker Price
$56,554
Costs for Knox College
Fee Cost
Tuition$44,191
Books and Supplies$900
Other Fees$767
Room and Board $9,696
Other Expenses Budget$1,000

Annual Prices

The annual list price to attend Knox College on a full time basis for 2017/2018 is $56,554 for all students regardless of their residency. This fee is comprised of $44,191 for tuition, $9,696 room and board, $900 for books and supplies and $767 for other fees. Out of state tuition for Knox College is $44,191, the same as Illinois residents.

All price data is sourced from the 2017/2018 U.S. Department of Education National Center for Education Statistics survey.

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Net Price

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

Average Net Price 2017/2018
$25,136
Net Price by Income Knox College
Family Income Net Price Paid
$0 to $30,000$17,217
$30,001 to $48,000$22,142
$48,001 to $75,000$19,938
$75,001 to $110,000$23,730
$110,000+$30,495

The average reported annual net price for Knox College for students receiving grants or scholarship aid was $25,136 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid Knox College
Type Avg./Student Students Receiving
Annual Total Grant Aid $29,331 97%
Pell Grant $4,322 29%
Federal Student Loan $6,357 60%

The average reported annual net price for Knox College for students receiving grants or scholarship aid was $25,136 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Knox College, we've modeled a ten year student loan with an original principal value of $88,804. The loan balance of $88,804 is a four year multiple of the $22,201 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 $927 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 4.7%.

Example Loan $88,804
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $927.22
Total Interest Paid $22,461.81
Sum of All Loan Payments $111,265.81

Projected 4 Year Degree Price

4 Year Sticker Price
$226,216
Year All Residents
1 $56,554
2 $59,075
3 $61,707
4 $64,458

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Knox College to be $226,216 - assuming graduation in normal time. The estimation assumes a 4.5% 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 Knox College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $4,910 $14,730 $19,640

Estimated cost for a class at Knox 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 Knox College versus other colleges.

Tuition Payment Plans Available

Knox College Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=146427 IPEDS survey data for Knox College.