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#17 Best Colleges in America

Amherst Tuition & Cost

Amherst, Massachusetts

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How much does it cost to attend?

Sticker Price
$76,750
Costs for Amherst College
Fee Cost
Tuition$57,640
Books and Supplies$1,000
Other Fees$1,000
Room and Board $15,310
Other Expenses Budget$1,800

Annual Prices

The annual list price to attend Amherst College on a full time basis for 2018/2019 is $76,750 for all students regardless of their residency. This fee is comprised of $57,640 for tuition, $15,310 room and board, $1,000 for books and supplies and $1,000 for other fees. Out of state tuition for Amherst College is $57,640, the same as Massachusetts 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 Amherst College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$16,339
Net Price by Income Amherst College
Family Income Net Price Paid
$0 to $30,000$6,079
$30,001 to $48,000$4,423
$48,001 to $75,000$8,219
$75,001 to $110,000$24,193
$110,000+$45,700

The average reported annual net price for Amherst College for students receiving grants or scholarship aid was $16,339 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

62% of full-time undergrad Amherst 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 $57,627 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 14% of students received Federal Student Loans averaging $4,489 and 7% of undergrads took out private student loans averaging $10,899.

Finanical Aid Amherst College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $57,627 62%
Institutional Grants and Scholarships $55,042 62%
Pell Grants $4,718 30%
Other Federal Grants $1,007 18%
State and Local Grants $2,780 4%
Federal Student Loans $4,489 14%
Other Student Loans $10,899 7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Amherst College, we've modeled a ten year student loan with an original principal value of $70,296. The loan balance of $70,296 is a four year multiple of the $17,574 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 $671 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 $70,296
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $670.70
Total Interest Paid $10,188.17
Sum of All Loan Payments $80,484.17

Projected 4 Year Degree Price

4 Year Sticker Price
$307,000
Year All Residents
1 $76,750
2 $79,941
3 $83,265
4 $86,726

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Amherst College to be $307,000 - assuming graduation in normal time. The estimation assumes a 4.2% annual increase over the next 4 years which has been the recent trend for this school.

Tuition Payment Plans Available

Amherst 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=164465 IPEDS survey data for Amherst College.