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Private 4 Year

Washington College Tuition & Cost

Chestertown, Maryland

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How much does it cost to attend?

Sticker Price
$65,456
Costs for Washington College
Fee Cost
Tuition$47,724
Books and Supplies$1,500
Other Fees$1,090
Room and Board $12,722
Other Expenses Budget$2,420

Annual Prices

The annual list price to attend Washington College on a full time basis for 2018/2019 is $65,456 for all students regardless of their residency. This fee is comprised of $47,724 for tuition, $12,722 room and board, $1,500 for books and supplies and $1,090 for other fees. Out of state tuition for Washington College is $47,724, the same as Maryland residents.

All price data is sourced from the 2019/2020 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 Washington College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$31,528
Net Price by Income Washington College
Family Income Net Price Paid
$0 to $30,000$16,931
$30,001 to $48,000$20,531
$48,001 to $75,000$22,479
$75,001 to $110,000$28,468
$110,000+$38,518

The average reported annual net price for Washington College for students receiving grants or scholarship aid was $31,528 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Costs for Similar Colleges

Financial Aid

100% of full-time undergrad Washington 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 $33,014 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 69% of students received Federal Student Loans averaging $5,173 and 10% of undergrads took out private student loans averaging $16,065.

Finanical Aid Washington College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $33,014 100%
Institutional Grants and Scholarships $30,408 100%
Pell Grants $4,739 28%
Other Federal Grants $690 26%
State and Local Grants $6,267 17%
Federal Student Loans $5,173 69%
Other Student Loans $16,065 10%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Washington College, we've modeled a ten year student loan with an original principal value of $111,908. The loan balance of $111,908 is a four year multiple of the $27,977 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 $1,068 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 $111,908
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,067.73
Total Interest Paid $16,219.09
Sum of All Loan Payments $128,127.09

Projected 4 Year Degree Price

4 Year Sticker Price
$261,824
Year All Residents
1 $65,456
2 $67,385
3 $69,370
4 $71,414

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Washington College to be $261,824 - assuming graduation in normal time. The estimation assumes a 2.9% 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 Washington College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,989 $5,967 $7,956

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

Tuition Payment Plans Available

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

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=164216 IPEDS survey data for Washington College.