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#8 Best Private Colleges in Minnesota

Saint Benedict Tuition & Cost

Saint Joseph, Minnesota

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How much does it cost to attend?

Sticker Price
$64,600
Costs for College of Saint Benedict
Fee Cost
Tuition$48,990
Books and Supplies$1,000
Other Fees$1,136
Room and Board $11,574
Other Expenses Budget$1,900

Annual Prices

The annual tuition to attend College of Saint Benedict is $48,990. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $11,574. For educational materials, students should allocate approximately $1,000 for books and supplies plus $1,136 for other fees charged by the school. Finally, students should budget $1,900 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend College of Saint Benedict on a full-time basis is $64,600 per annum.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The net price provides a more realistic estimate of the true cost of attending College of Saint Benedict, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020
$27,960
Net Price by Income College of Saint Benedict
Family Income Net Price Paid
$0 to $30,000$17,105
$30,001 to $48,000$17,510
$48,001 to $75,000$19,835
$75,001 to $110,000$26,039
$110,000+$31,620

The average reported annual net price for College of Saint Benedict for students receiving grants or scholarship aid was $27,960 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

100% of full-time undergrad College of Saint Benedict received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $33,217 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 66% of students received Federal Student Loans averaging $5,371 and 22% of undergrads took out private student loans averaging $14,608.

Finanical Aid College of Saint Benedict
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $33,217 100%
Institutional Grants and Scholarships $29,610 100%
Pell Grants $4,733 24%
Other Federal Grants $881 76%
State and Local Grants $5,473 33%
Federal Student Loans $5,371 66%
Other Student Loans $14,608 22%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to College of Saint Benedict, we've modeled a ten year student loan with an original principal value of $96,564. The loan balance of $96,564 is a four year multiple of the $24,141 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 $1,024 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 4.99%.

Example Loan $96,564
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,023.74
Total Interest Paid $26,284.69
Sum of All Loan Payments $122,848.69

Projected 4 Year Degree Price

4 Year Sticker Price
$258,400
Year All Residents
1 $64,600
2 $67,026
3 $69,543
4 $72,155

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at College of Saint Benedict to be $258,400 - assuming graduation in normal time. The estimation assumes a 3.8% 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 College of Saint Benedict
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $2,041 $6,123 $8,164

Estimated cost for a class at College of Saint Benedict 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 College of Saint Benedict versus other colleges.

Tuition Payment Plans Available

College of Saint Benedict Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=174747 IPEDS survey data for College of Saint Benedict.