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Kenyon Tuition & Cost

Gambier, Ohio

 1 Reviews

How much does it cost to attend?

Sticker Price

$80,270
Costs for Kenyon College
Fee Cost
Tuition$63,060
Other Fees$250
Books and Supplies$1,900
Room and Board $13,310
Other Expenses Budget$1,750

Annual Tuition & Costs

The annual tuition to attend Kenyon College is $63,060. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $13,310. For educational materials, students should allocate approximately $1,900 for books and supplies plus $250 for other fees charged by the school. Finally, students should budget $1,750 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend Kenyon College on a full-time basis is $80,270 per annum.

Housing Costs

On campus room and board is provided by the school at a cost of $13,310 per academic year. Students electing to live off campus elsewhere in Gambier should budget at least this amount.

Books and Supplies

The estimated annual cost for books and educational supplies is $1,900.

Other Living Expenses

If living on-campus, students should budget for $1,750 in additional living expenses. Off-campus students should budget for $0 in other miscellaneous living expenses.

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

The average reported annual net price for Kenyon College for students receiving grants or scholarship aid was $40,862* in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses.

Average Net Price 2019/2020

$40,862

Below is the average net price by student family income.

Net Price by Income Kenyon College
Family Income Net Price Paid
$0 to $30,000$14,958
$30,001 to $48,000$18,974
$48,001 to $75,000$20,727
$75,001 to $110,000$27,798
$110,000+$48,306

The net price provides a more realistic estimate of the true cost of attending Kenyon College, once common grants and scholarships have been taken into account. It's important to note that your net price will fluctuate based on factors such as family income, assets and individual financial need. Net price is the out-of-pocket total cost that students end up paying or financing though student loans.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Financial Aid

74% of full-time undergrad Kenyon 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 $33,688 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back.

Pell Grants

9 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $4,272. To apply for a Pell Grant to attend Kenyon College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Student Loans

25% of students received Federal Student Loans averaging $4,095 and 18% of undergrads took out private student loans averaging $4,060.

Finanical Aid Kenyon College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $33,688 74%
Institutional Grants and Scholarships $32,980 70%
Pell Grants $4,272 9%
Other Federal Grants $3,893 7%
State and Local Grants $2,757 1%
Federal Student Loans $4,095 25%
Other Student Loans $4,060 18%

Financial Aid Mix - $80,270 Total Cost

CollegeSimply has modeled example payment coverage for the annual tuition and living expenses of $80,270. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

43%
5%
52%

Grants and Scholarships

43% - $33,688

Money granted to you by the U.S. Department of Education, Kenyon College or other organizations. These are not loans and do not need to be repaid.

Federal Student Loans

5% - $4,095

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket Cost

52% -  $40,737

Covered by family savings, work or private student loans which you will have to repay.

Student Loans

To gauge a more realistic picture of what it really could cost you out of pocket to go to Kenyon College, we've modeled a ten year student loan with an original principal value of $163,448. The loan balance of $163,448 is a four year multiple of the $40,862 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 $1,774 could be required to pay off your student loan. The total of all payments including interest would sum $212,860.84.

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 5.5%.

Example Loan $163,448
Stafford Loan Interest Rate 5.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,773.84
Total Interest Paid $49,412.84
Sum of All Loan Payments $212,860.84

Student Loan Affordability

In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Kenyon College, should consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $212,860.84 would be needed to afford a $1,773.84 monthly payment in the example $163,448.00 loan modeled above. This assumes a repayment over 10 years. You can change the terms of this example loan using the student loan calculator below. View statistics about Kenyon College student loan debt and graduate salaries under student outcomes.

Projected 4 Year Degree Price

4 Year Sticker Price

$321,080
Year All Residents
1 $80,270
2 $84,784
3 $89,552
4 $94,588

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Kenyon College to be $321,080 - assuming graduation in normal time. The estimation assumes a 5.6% 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 Kenyon College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,971 $5,913 $7,884

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

Tuition Payment Plans Available

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

Tuition History

Historical tuition and price increases for Kenyon College.

YearTuitionAnnual Increase
2021$63,06015.2%
2020$54,720-3%
2019$56,4304.8%
2018$53,8304.4%
2017$51,5404.7%
2016$49,2204.2%
2015$47,2203.8%
2014$45,5003.6%
2013$43,900

Is it Worth the Cost?

To make a comparative assessment if Kenyon is worth the price, measures of it's relative value for tuition dollar can be examined. We've calculated an academic national percentile rating of 87.34/100 for Kenyon College. Considering an average net price paid of $40,862, this leads to an overall value ranking of 60/100. This places the school 224th on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Kenyon College in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Kenyon College student loan.

Prepayment Option

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Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=203535 IPEDS survey data for Kenyon College.