L
Private 4 Year

Longy Tuition & Cost

Cambridge, Massachusetts

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How much does it cost to attend?

Sticker Price
$59,120
Costs for Longy School of Music
Fee Cost
Tuition$43,750
Books and Supplies$500
Other Fees$980
Estimated Off Campus Cost of Living $10,170
Other Expenses Budget$3,720

Annual Prices

The annual list price to attend Longy School of Music on a full time basis for 2018/2019 is $59,120 for all students regardless of their residency. This fee is comprised of $43,750 for tuition, $10,170 room and board, $500 for books and supplies and $980 for other fees. Out of state tuition for Longy School of Music is $43,750, 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 Longy School of Music when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$35,717
Net Price by Income Longy School of Music
Family Income Net Price Paid
$0 to $30,000$0
$30,001 to $48,000n/a
$48,001 to $75,000n/a
$75,001 to $110,000n/a
$110,000+n/a

The average reported annual net price for Longy School of Music for students receiving grants or scholarship aid was $35,717 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

89% of full-time undergrad Longy School of Music received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $21,538 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 0% of students received Federal Student Loans averaging $0.

Finanical Aid Longy School of Music
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $21,538 89%
Institutional Grants and Scholarships $21,538 89%
Pell Grants $0 0%
Other Federal Grants $0 0%
State and Local Grants $0 0%
Federal Student Loans $0 0%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Longy School of Music, we've modeled a ten year student loan with an original principal value of $70,512. The loan balance of $70,512 is a four year multiple of the $17,628 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 $673 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 $70,512
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $672.76
Total Interest Paid $10,219.47
Sum of All Loan Payments $80,731.47

Projected 4 Year Degree Price

4 Year Sticker Price
$236,480
Year All Residents
1 $59,120
2 $64,201
3 $69,719
4 $75,711

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Longy School of Music to be $236,480 - assuming graduation in normal time. The estimation assumes a 8.6% 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 Longy School of Music
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $2,560 $7,680 $10,240

Estimated cost for a class at Longy School of Music 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 Longy School of Music versus other colleges.

Tuition Payment Plans Available

Longy School of Music 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=166489 IPEDS survey data for Longy School of Music.