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Saint Peter, Minnesota

Gustavus Adolphus College Tuition & Cost

Gustavus Adolphus College

How much does it cost to attend?

Sticker Price
$57,370
Costs for Gustavus Adolphus College
Fee Cost
Tuition$44,900
Books and Supplies$900
Other Fees$500
Room and Board $9,910
Other Expenses Budget$1,160

Annual Prices

The annual list price to attend Gustavus Adolphus College on a full time basis for 2018/2019 is $57,370 for all students regardless of their residency. This fee is comprised of $44,900 for tuition, $9,910 room and board, $900 for books and supplies and $500 for other fees. Out of state tuition for Gustavus Adolphus College is $44,900, the same as Minnesota residents.

All price data is sourced from the 2018/2019 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 Gustavus Adolphus College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$29,894
Net Price by Income Gustavus Adolphus College
Family Income Net Price Paid
$0 to $30,000$12,472
$30,001 to $48,000$14,167
$48,001 to $75,000$16,024
$75,001 to $110,000$21,164
$110,000+$26,904

The average reported annual net price for Gustavus Adolphus College for students receiving grants or scholarship aid was $29,894 in 2017/2018. 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

Finanical Aid Gustavus Adolphus College
Type Avg./Student Students Receiving
Annual Total Grant Aid $24,333 98%
Pell Grant $4,114 27%
Federal Student Loan $5,624 66%

The average reported annual net price for Gustavus Adolphus College for students receiving grants or scholarship aid was $29,894 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Gustavus Adolphus College, we've modeled a ten year student loan with an original principal value of $90,388. The loan balance of $90,388 is a four year multiple of the $22,597 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 $938 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 4.529%.

Example Loan $90,388
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $938.03
Total Interest Paid $22,175.71
Sum of All Loan Payments $112,563.71

Projected 4 Year Degree Price

4 Year Sticker Price
$229,480
Year All Residents
1 $57,370
2 $59,741
3 $62,211
4 $64,782

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Gustavus Adolphus College to be $229,480 - assuming graduation in normal time. The estimation assumes a 4.1% 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 Gustavus Adolphus College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $7,725 $23,175 $30,900

Estimated cost for a class at Gustavus Adolphus 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 Gustavus Adolphus College versus other colleges.

Tuition Payment Plans Available

Gustavus Adolphus 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=173647 IPEDS survey data for Gustavus Adolphus College.