Private 4 Year

Goucher College Tuition & Cost

Baltimore, Maryland

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How much does it cost to attend?

Sticker Price
Costs for Goucher College
Fee Cost
Books and Supplies$1,200
Other Fees$100
Room and Board $14,716
Other Expenses Budget$2,800

Annual Prices

The annual list price to attend Goucher College on a full time basis for 2020/2021 is $65,916 for all students regardless of their residency. This fee is comprised of $47,100 for tuition, $14,716 room and board, $1,200 for books and supplies and $100 for other fees. Out of state tuition for Goucher College is $47,100, the same as Maryland residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

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

Average Net Price 2019/2020
Net Price by Income Goucher College
Family Income Net Price Paid
$0 to $30,000$16,233
$30,001 to $48,000$21,710
$48,001 to $75,000$21,555
$75,001 to $110,000$25,522

The average reported annual net price for Goucher College for students receiving grants or scholarship aid was $29,659 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

100% of full-time undergrad Goucher 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 $34,000 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 65% of students received Federal Student Loans averaging $5,277 and 9% of undergrads took out private student loans averaging $13,128.

Finanical Aid Goucher College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $34,000 100%
Institutional Grants and Scholarships $30,321 100%
Pell Grants $4,432 34%
Other Federal Grants $1,687 41%
State and Local Grants $8,739 17%
Federal Student Loans $5,277 65%
Other Student Loans $13,128 9%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Goucher College, we've modeled a ten year student loan with an original principal value of $112,608. The loan balance of $112,608 is a four year multiple of the $28,152 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 $1,074 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 $112,608
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,074.40
Total Interest Paid $16,320.54
Sum of All Loan Payments $128,928.54

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $65,916
2 $67,731
3 $69,596
4 $71,513

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Goucher College to be $263,664 - 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 Goucher College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,570 $4,710 $6,280

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

Tuition Payment Plans Available

Goucher College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=162654 IPEDS survey data for Goucher College.